M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank. As a full-service mortgage banking company, we specialize in providing competitive financing nationwide for commercial real estate.

Overview:

Works directly with M&T Realty Capital Corporation's (M&T RCC) Underwriters analyzing operating statements and rent rolls. Works with Underwriters to conduct initial review of third party reports and evaluate the transaction in accordance with FHA, Fannie Mae DUS, Freddie Mac Seller/Servicer Programs (Optigo), or other programs (i.e. Life Company or Conduit Loans.)
Gathers all necessary information to populate the underwriting narrative and modeling templates and evaluates with senior underwriters against M&T RCC's risk appetite and our lending partners.

Primary Responsibilities:

Provide entry level analytical support on a wide variety of assignments including market research, review of property operating statements, cash flow modeling, property valuation, sponsor credit review, and preparation of loan sizing packages that have identified the overall risk assessment of the transaction, as well as providing supportable mitigates to minimize any risk identified
Assist Senior Members of the team with all aspects of the loan underwriting process
Review pertinent program guides to ensure that the property qualifies for the program and review what is required for the approval.
Keep current on guide changes.
Attend necessary training and other enrichment opportunities.
Interact directly with customers and other members of the RCC team.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Promote an environment that supports belonging and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.

Education and Experience Required:

Associate's Degree and 1 year of underwriting or related experience or in lieu of a degree a combined minimum of 3 years’ higher education and/or work experience including a minimum of 1 year underwriting or related experience.

Ability to multi-task
Good verbal and written communication skills
Good analytical skills
Proficiency with Excel and Word programs
Ability to multi-task

Education and Experience Preferred:

Basic knowledge of Finance and/or commercial real estate preferred.

Why Choose MTRCC:

We are 1 of 5 US-based lenders offering Fannie Mae, Freddie Mac, FHA, bridge loans, life company, debt funds and other capital source relationships

Our parent company, M&T Bank, is one of the largest commercial real estate lenders in the United States. We leverage the power of our balance sheet and other financial services to provide a wide array of resources to fit our clients’ needs.

Approved Fannie Mae DUS® and Freddie Mac Optigo® lender since 1989

One of the nation’s leading firms providing FHA-insured multifamily mortgages and an approved MAP lender with 30+ years of experience

We offer a competitive Multifamily Bridge Loan Program aimed at providing customers with shorter-term financing solutions as a bridge to closing on an agency or life company execution

Our long-standing relationships with numerous life insurance company investors gives us flexibility during the term of a loan

www.mtrcc.com

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $28.60 - $47.66 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location:

Baltimore, Maryland, United States of America

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.

RCC Associate Underwriter