Credit Analyst/ Senior Credit Analyst - Underwriting - CO

                                                                                               Berkadia Services India Pvt Ltd

-----------------------------------------------------------------------------------------------

       Integrity is Everything I We Take the Long View I We believe People Matter I We Stand for Excellence I We Love our Jobs I We Innovate

Job Details

Location - Hyderabad/ Gurugram

Title: Credit Analyst / Senior Credit Analyst

Department: Credit Operations

Shift - Split/ Night with flexibility to work alternative hours when required to attend meetings, training, calls etc. – occurs frequently.

Shift Hours - 3:00pm to 12:00am or 6:00pm to 3:00am

PURPOSE OF THE POSITION

The Credit Analyst will be responsible for assisting Credit Operations teams (across various offices in US) at all stages of Commercial Real Estate deal underwriting.

The Credit Analyst will be responsible for generating reports on property financials, evaluating risks associated with the transactions and preparing presentations for loan committee and management.

The Analyst will be responsible for timely reporting and quality of work product being submitted.

ACCOUNTABILITIES

 Essential Duties (Primary Responsibilities) include the following

. • Assist in all aspects of deal processing from screening and application through underwriting, closing and delivery of the loan to servicing. Generate proforma cash flows, identify and evaluate risks associated with a proposed transaction, and prepare formal presentations for management and/or loan committee.

• Act as liaison between underwriters, GPO analysts, mortgage banking staff, closers, in the collection, review, analysis, and dissemination of due diligence materials necessary for the underwriting, approval, and closing of GSE loans. • Maintain Berkadia systems (e.g. OmniView) with current, applicable deal level data to facilitate production accurate of metrics and reports. • Coordinate the ordering, and receipt of all third-party reports for GSE loans. Ensure timely receipt of reports from third party vendors.

• Create, organize and maintain underwriting file, create deal checklist with critical dates and deadlines identified, file and maintain deal checklist as due diligence items are received, reviewed, and accepted, and distributes updated checklist weekly.

• Perform various tasks as assigned by Underwriter which may include ordering market reports and credit reports; conducting real estate tax searches; running crime searches; and searching internet sources (e.g. Google) for sponsor, property, and market news. • Support the UW in organizing the delivery of necessary materials to corporate funding facility partners. • Assist the Underwriter in preparing GPO feedback material. Arrange and distribute materials for GPO debrief meeting.

• To be able to match the requirements of the process in terms of being available and be flexible to work in multiple shifts.

• Draft / provide input to ensure that departmental policies & procedures are documented and maintained considering revised / new policies / procedures / systems on a continuous basis and present to management for approval. In addition, constantly review processes in operation and provide suggestions for improvement.

• Provide relevant management information at agreed intervals to the Manager/AVP/VP/ Site Director - India

• Work with the Asst. Manager to ensure a high level of motivation, positive communication and a professional work environment throughout the department.

• Determine and organize appropriate employee trainings/one on one meetings/team meetings, when there is a need.

• Perform other duties and special projects as assigned by Management.

QUALIFICATIONS REQUIRED (including education, experience and skills)

· Minimum of B.Com is a must, banking industry is an added advantage.

· Prior experience within Financial Analysis is an added advantage.

· Knowledge of commercial real estate operations including cash flows is a must.

· Must be PC literate in MS windows environment with strong Microsoft Excel and Word skills.

· Excellent organizational and analytical skills. · A willingness to learn and a positive attitude are essential.

· Ability to work independently and in a team environment through Openness to take on additional responsibilities (work the unconventional way) - create job aids, work on projects to build the templates, enhance tools & technology.

· Collaborate with people across office locations.

· Must be proficient in English, excellent written and oral communication skills.

· Ability to read and interpret documentation.

· Must be able to think outside the box, research problems and provide workable solutions as needed.

· Understands the importance of training and support opportunities for further functional and interpersonal skill development.

ORGANIZATIONAL SKILLS

. Exhibit a sense of urgency in managing responsibilities.

· Exhibit solid time management skills and works to exceed all deadlines.

· Demonstrate willingness to take on additional responsibilities and work in unconventional ways

· Exhibit proficiency and pro-activeness in interaction with various individuals and groups.

· Display ownership and work with minimum supervision.

· Display ability to follow up on all outstanding issues.

· Demonstrate an ability to manage multiple tasks under pressure and prioritize.

· Excel in managing customer expectations with consistent results.

CONDITIONS OF WORK

• This position is in Night Shift, however, working additional hours/days is required, as necessary, to meet internal and external deadlines and fulfill the job responsibilities

• To be able to match the requirements of the process in terms of being available and be flexible to work in multiple shifts.

• Though limited, ability and willingness to travel in India and internationally when necessary is required

• While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties from particular jobs and to assign other duties as necessary.

Perks & Benefits         

Berkadia offers the best-in-class benefits to enable an enjoyable work environment for the employees. Key benefits include –

• Leaves: Berkadia offers a comprehensive leave policy that not only helps you to plan holidays and personal milestones, but also covers exigencies such as sickness and bereavement.
• Transportation: Berkadia offers free transportation to every employee, irrespective of their shift timings.
• Medical Insurance: Berkadia has an inclusive medical insurance policy that covers the family members of the employee, including parents.
• Learn while you Earn: Berkadia encourages employees to learn new skills by sponsoring degrees, certifications, trainings, and workshops.
• Wellness: Berkadia has an extensive wellness program that includes annual health check, eye check-up, dental screening, OPD reimbursement, and Employee Assistance Program.

 About us

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients’ assets.                                                           

Berkadia is an equal opportunity employer and affords equal opportunity to all applicants and employees for all positions without regard to race, color, religion, gender, national origin, age, disability, or any other status protected under the law. To learn more about Berkadia, please visit https://www.berkadia.com/

For details about India operations, please visit https://india.berkadiarea.com/

Why us?

At Berkadia, our Values embody a set of principles that reflect who we seek to be as an organization. Living these Values fully takes commitment and effort from every Berkadian.

We do our best to understand each other's needs, objectives and challenges and strive to make things right. Self-learning is supported - enabling us to steer the pace of our growth. Our colleagues inspire us and appreciate the excellent work that we do, to help each other succeed. We celebrate success together and have fun!

In short – we love our jobs.

 While this job description is intended to be an accurate reflection of the job requirements, management reserves the right to modify, add, or remove duties and to assign other duties, as necessary.