What are the responsibilities and job description for the Commercial Loan Underwriter position at Briar Capital Real Estate Fund LLC?
About Briar Capital
Briar Capital is a privately held lender specializing in asset-based loans secured by commercial and industrial real estate. We provide flexible, collateral-driven financing solutions to businesses nationwide. Our team is lean, fast-moving, and highly collaborative — and we’re looking for a motivated early-career underwriter who wants to grow with us.
Position Overview
The Commercial Loan Underwriter will support the underwriting team in evaluating new loan opportunities secured by industrial owner-occupied real estate. You will assist in reviewing appraisals and third-party reports, analyzing financial statements and working capital assets, preparing credit packages, and helping structure transactions within Briar Capital’s credit parameters.
This is a growth role designed for individuals with approximately 2 years of experience in commercial credit, asset-based lending underwriting, banking, commercial real estate, or related fields.
Salary Range
$80,000 – $100,000 base salary
Compensation will be commensurate with experience and includes eligibility for annual performance-based bonuses.
Key Responsibilities
Credit & Collateral Support
- Assist in underwriting commercial loans secured by industrial, warehouse, and manufacturing real estate.
- Review third-party reports including appraisals, environmental assessments, title commitments, and surveys.
- Analyze borrower and guarantor financial statements, liquidity, and cash flow under supervision from senior underwriters.
- Assess performance of borrower and guarantor working capital assets i.e. accounts receivable and inventory
- Perform credit due diligence on prospective borrowers including lien and litigation searches
Loan Structuring & Analysis
- Help evaluate loan structures, advance rates, and covenant requirements
- Support the identification of credit risks and propose preliminary mitigants.
- Prepare financial spreads and collateral analyses.
Documentation & Reporting
- Draft credit memoranda for submission and presentation to Credit Committee
- Maintain accurate deal files and ensure all documentation meets internal standards.
Closing Assistance
- Support due diligence and documentation during loan closings.
- Coordinate with appraisers, environmental consultants, legal, title, and internal team members.
Qualifications
Required
- Approximately 2 years of experience in commercial lending, banking, commercial real estate, or financial analysis.
- Bachelor’s degree - Finance, Accounting, Real Estate, Economics, or a related field preferred; however, other candidates will be considered with adequate experience.
- Strong analytical skills with the ability to interpret financial statements.
- Exceptional attention to detail, organization, and time management.
- Strong written and verbal communication skills.
- Proficiency in Excel
Preferred
- Experience in asset-based lending, bridge lending, or other collateral-dependent lending environments.
- Exposure to underwriting or reviewing appraisals, environmental reports, or title documents.
- Familiarity with industrial/warehouse real estate markets.
What Briar Capital Offers
- Competitive compensation and bonus potential.
- Medical, dental, vision, and 401(k) benefits.
- Hands-on mentorship and training from experienced underwriters.
- A collaborative, entrepreneurial environment with room for rapid skill development.
- Exposure to unique lending scenarios and diverse property types across the U.S.
Salary : $80,000 - $100,000