Head of CRE Underwriting

New York, New York Permanent $220,000 - $250,000 per year View Job Description
The position oversees a team of underwriters responsible for evaluating transactions across all major CRE segments and ensures disciplined credit decision-making aligned with risk appetite, regulatory standards, and strategic business objectives. The role covers the full spectrum of commercial real estate asset classes, including multi-family, mixed-use, office, industrial, retail, hospitality, charter schools, and construction, with particular emphasis on transitional assets.
  • Senior credit leadership role covering all CRE asset classes
  • Oversight of underwriting quality, portfolio risk, and policy

About Our Client

This role is with a well-established, mid-sized bank located in Midtown.

Job Description

  • * Lead and oversee the commercial real estate underwriting team, ensuring robust credit analysis, effective challenge, and consistent application of credit policies and risk standards.
  • * Review and sponsor credit transactions submitted for approval, confirming that risk ratings appropriately reflect borrower and transaction risk profiles.
  • * Partner with lending, portfolio management, and other stakeholders to support portfolio quality while balancing growth objectives and risk appetite.
  • * Provide guidance on loan structuring, including repayment terms, covenants, collateral, and other credit conditions.
  • * Participate in client meetings and site visits as appropriate to support credit assessment and structuring decisions.
  • * Coach and mentor less experienced colleagues across credit, portfolio management, and lending functions, reinforcing sound underwriting practices and regulatory compliance.
  • * Support talent evaluation, performance management, and development planning within the credit function.
  • * Lead or actively participate in Credit Committee and other governance forums, ensuring clear and timely responses to approval authority inquiries.
  • * Oversee the preparation and accuracy of recurring and ad hoc credit reporting, including monthly and quarterly deliverables.
  • * Serve as a key point of contact for regulators and auditors on credit-related matters, supporting examinations and audits as required.
  • * Monitor portfolio performance, exposure levels, and concentration risks, identifying trends and early warning indicators.
  • * Drive technology adoption and process enhancements within the credit function, aligned with broader technology and AI initiatives.
  • * Promote collaboration and alignment around strategic initiatives across credit and business teams.
  • * Maintain awareness of industry developments and best practices, applying insights to inform senior leadership decision-making and continuous improvement efforts.
  • * Perform other related duties as assigned.

The Successful Applicant

* Bachelor's degree or equivalent professional experience.

* Minimum of 12 years of commercial real estate credit experience across multiple asset classes.

* Proven background as a credit-trained banker operating in a highly credit-intensive environment.

* Strong leadership capabilities with a hands-on management style and demonstrated commitment to coaching and developing talent.

* Excellent analytical, written, verbal, and interpersonal communication skills.

* Broad knowledge of commercial real estate markets, with particular familiarity with the Tri-State region and South Florida.

* Advanced expertise in credit structuring, covenant design, and management of large and complex credit exposures.

* Strong understanding of regulatory credit frameworks, risk models, and supervisory expectations.

* Strategic mindset with the ability to drive innovation, efficiency, and process improvement.

What's on Offer

  • Competitive base salary ranging from $220,000 to $250,000 USD.
  • Comprehensive benefits package to support your well-being.
  • Opportunity to lead a high-performing team in the financial services industry.
Contact
Lauren Van Manen
Quote job ref
JN-042026-6990533

Job summary

Function
CFO & Financial Management
Subsector
CFO & Financial Management Subsector
Industry
Financial Services
Location
New York
Contract type
Permanent
Consultant name
Lauren Van Manen
Job reference
JN-042026-6990533

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