Leverage Companies

Leverage Companies

Underwriter - Brick City Capital

Newark, NJ

Sponsorship not specified$80k-$100kDetected 20 days ago
Process ImprovementCommunicationCollaborationUnderwriting

About the role

  • This role involves reviewing new loan files, issuing underwriting conditions, coordinating with third-party reviewers, and assisting in post-close conditions for loan sales.
  • The ideal candidate will have strong analytical skills, a keen eye for risk assessment, and a continuous improvement mindset to enhance underwriting and loan processing efficiency.

Responsibilities

  • Underwriting & Condition Review Underwrite new loan files and issue underwriting conditions based on loan requirements Review borrower and property-related documentation to ensure compliance with lending guidelines Pre-Close & Post-Close Coordination Clear pre-close conditions in collaboration with third-party reviewers Assist in post-close requirements to satisfy note buyer conditions for loan sales Maintain underwriting SLA within 1 business day Process Improvement & Risk Assessment Identify areas for improvement in underwriting and loan processing procedures Work closely with internal teams to enhance efficiency and streamline workflows Ensure LOS (loan operating system) accuracy with deal economics and figures Collaboration & Communication Coordinate with internal teams and third-party stakeholders to facilitate smooth loan transactions Maintain clear documentation and communication regarding loan conditions and underwriting decisions Create credit memos for the investment committee to review for more complex files that require escalated reviews Full Ownership of the Underwriting Process Assemble, underwrite, and delivery full packages, coordinating with Brick City Capital sales, processing, capital markets, and closing teams Exert creativeness to underwrite - full ownership of the underwriting process allows maximum flexibility to creatively underwrite in accordance to Brick City Capital's guidelines Authorized Remote Locations: AZ, CA, CT, FL, IN, NJ, NY, and TX
  • Underwriting & Condition Review Underwrite new loan files and issue underwriting conditions based on loan requirements Review borrower and property-related documentation to ensure compliance with lending guidelines Pre-Close & Post-Close Coordination Clear pre-close conditions in collaboration with third-party reviewers Assist in post-close requirements to satisfy note buyer conditions for loan sales Maintain underwriting SLA within 1 business day Process Improvement & Risk Assessment Identify areas for improvement in underwriting and loan processing procedures Work closely with internal teams to enhance efficiency and streamline workflows Ensure LOS (loan operating system) accuracy with deal economics and figures Collaboration & Communication Coordinate with internal teams and third-party stakeholders to facilitate smooth loan transactions Maintain clear documentation and communication regarding loan conditions and underwriting decisions Create credit memos for the investment committee to review for more complex files that require escalated reviews Full Ownership of the Underwriting Process Assemble, underwrite, and delivery full packages, coordinating with Brick City Capital sales, processing, capital markets, and closing teams Exert creativeness to underwrite - full ownership of the underwriting process allows maximum flexibility to creatively underwrite in accordance to
  • We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind.

Requirements

  • 6 years of experience in real estate underwriting or private lending E xperience in DSCR loans
  • Experience working with private lenders or note buyers What we bring to the table:

Compensation

  • We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind.
  • Leverage Companies is committed to providing reasonable accommodations for any candidates with disabilities who may need assistance during the talent acquisition process.
  • Under certain circumstances, a hybrid working arrangement with a minimum of 3 days in office in Newark, NJ may be arranged.
  • $60,000 + variable cash compensation component (OTE estimated to be $80,000 - $100,000 )

Benefits

  • At Leverage Companies, integrity, entrepreneurial drive, and a commitment to excellence shape everything we do.

Company info

  • Leverage Companies is a dynamic real estate private equity platform on a mission to create millionaires through real estate.
  • We operate a vertically integrated ecosystem comprised of these divisions.
  • Founded in 2018 proudly headquartered in Newark, NJ, we are scaling rapidly and building a world-class team committed to operational excellence, bold growth, and long-term impact.
  • Fast‑paced and mission‑driven, we offer real opportunities for growth and a team environment where both collective wins and individual achievements are celebrated.

Equal opportunity

  • To request a reasonable accommodation, please mail hr@leveragecompanies.com Leverage Companies highly values having employees working in-office to foster a collaborative work environment and company culture.
Apply directly at Leverage Companies →Create a free account for alerts like thisView Leverage Companies immigration profile

This listing is sourced directly from Leverage Companies's careers page and normalized into a canonical job model.