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CRE Underwriter

CRE Underwriter

Job ID 
Job Locations 
US-CA-San Diego
Job Type 
Regular Full-Time
Commercial & Industrial Lending

More information about this job


BofI Federal Bank [NASDAQ: BOFI] with approximately $8.5 billion in assets, is one of the fastest growing banks in the nation and is rated in the top 5 of online banks in the country!


We are looking for a CRE Underwriter  to support our Commercial Real Estate Specialty Lending Group.  This person would be responsible for the following:


  • Underwriting and structuring commercial real estate loans
  • Assist in screening and structuring new loan opportunities and participate in managing the existing loan portfolio
  • Understand all critical business drivers for our borrowers
  • Analyze the corporate structure of our borrowers and propose new or modified structures to ensure that BOFI is protected
  • Collateral analysis on multiple collateral types
  • Support underwriting positions with conviction by presenting detailed analysis and metrics to support position
  • Decision making must be processed based with strong emphasis on data and key industry metrics


Key Skill Sets or Knowledge Requirements

  • Strong origination, risk, and structuring experience 
  • Ability to identify and process new business as well as manage an existing portfolio

  • Strong understanding of all critical business drivers

  • Strong decision making abilities with an emphasis on data and key industry metrics
  • Superior analytical and modeling experience capable of generating fully integrated cash flow models
  • Strong ability to spread financial statements and to provide clear and concise written financial analysis supporting hers/his views of the borrower’s financial condition

Desired Career Experience & Education Requirements

  • Experience in underwriting and structuring commercial real estate transactions
  • Some experience with a banking institution or hedge fund
  • Ability to use Microsoft office – Excel, Power-point and Word
  • Finance or Accounting degree, MBA preferred


Job Functions & Work Environment:


The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.


While performing the duties of this position, the employee is required to sit for extended periods of time. Manual dexterity and coordination are required while operating standard office equipment such as computer keyboard and mouse, calculator, telephone, copiers, etc.



Equal Employment Opportunity: 


BofI Federal Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex , gender identity and expression, sexual orientation, national origin, ancestry, citizenship status, uniform service member and veteran status, marital status, pregnancy, age, protected medical condition, genetic information, disability, or any other protected status in accordance with all applicable federal, state and local laws. Candidates must possess authorization to work in the United States.