piermontbank
Commercial Real Estate Underwriter
At a Glance
- Location
- United States
- Experience
- 7+ years
- Compensation
- ng range for this position is $120,000 to $150,000 per year. The base pay actual
- Posted
- 2026-02-18T15:36:19-05:00
Key Requirements
Required Skills
Domain Knowledge
- Finance
- Medical
- Real Estate
Requirements
7+ years commercial real estate finance experience.
Knowledge of all AML / KYC requirements.
Responsibilities
The Senior Commercial Real Estate Underwriter will support the Bank’s commercial real estate lending and deposit origination and management activities while assisting in the evaluation of new lending opportunities.
Perform technical (i.e., spreadsheet) analysis of project economics, historical income, and pro forma income.
Conduct market and industry research (e.g., comparable rents/sales and submarket supply and demand conditions).
Prepare related internal memoranda, including credit memo for credit supervision review and face sheet and discussion summary memoranda on standard bank templates.
Order third-party consultant reports (i.e., appraisal, environmental assessment, property condition report, plan, and cost review) through the RIMS portal.
Procure current collateral property flood status certifications.
About the Company
Piermont Bank is a tech-enabled digital commercial bank founded in 2019 with a mission of changing the face and pace of banking. It provides an unprecedented experience that blends the best of banking and agile Fintechs. At Piermont, we are purpose-driven, and focused on creating and delivering banking products relevant to today’s digital economy. We are the go-to Bank for the fintech ecosystem. For more information, visit
www.piermontbank.com
.