What are the responsibilities and job description for the Analyst-Mortgage Banking Associate position at Newmark?
Job Summary
JOB DESCRIPTION
Join our team as a highly motivated Mortgage Banking Associate/Analyst! You'll be instrumental in supporting loan origination and underwriting, conducting thorough market research, and prepare financial analyses. A key part of your role will involve cold calling prospects to generate meetings and drive new business. This is an exceptional opportunity for an early-career professional with a strong desire to become an originator, gaining hands-on experience across the entire deal lifecycle.
Responsibilities
The expected base salary for this position ranges from $75,000 to $90,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
JOB DESCRIPTION
Join our team as a highly motivated Mortgage Banking Associate/Analyst! You'll be instrumental in supporting loan origination and underwriting, conducting thorough market research, and prepare financial analyses. A key part of your role will involve cold calling prospects to generate meetings and drive new business. This is an exceptional opportunity for an early-career professional with a strong desire to become an originator, gaining hands-on experience across the entire deal lifecycle.
Responsibilities
- Assist in the underwriting and due diligence process, including reviewing financial statements and property valuations.
- Perform market research and analysis to identify trends and opportunities.
- Prepare loan packages and presentations for lenders and clients.
- Support team on marketing efforts (ex: LinkedIn)
- Conduct financial modeling and analysis for various commercial real estate transactions.
- Assist with loan origination and closing processes.
- Maintain and update our client and lender database
- Support senior team members in client relationship management.
- 2 years in the commercial real estate sector, preferably mortgage banking.
- Bachelor's degree
- The ability to use digital tools and technologies efficiently
- Strong financial modeling and analytical skills, with proficiency in Microsoft Excel.
- Excellent written and verbal communication skills.
- Ability to work effectively in a fast-paced, team-oriented environment.
- Strong attention to detail and organizational skills.
- Cold calling experience is preferable.
The expected base salary for this position ranges from $75,000 to $90,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package, this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
Salary : $75,000 - $90,000