Senior Director, Underwriter

PGIM

Senior Underwriter role at PGIM Real Estate managing multifamily loan transactions. Overseeing due diligence and mentoring team members in a hybrid work environment.

Posted 5/28/2026full-timeCalifornia, Illinois, Texas, Virginia • 🇺🇸 United StatesSenior💰 $175,000 - $185,000 per yearWebsite

About the role

Key responsibilities & impact

Monitor the collection and due diligence materials as well as approval of due diligence materials reviewed by underwriting staff.
Serve as the primary point of contact for clients and serve as the point of contact on credit and underwriting issues with the Agency, when necessary.
Responsible for training team members.
Complete review, analysis, and approval of due diligence materials related to loan submissions.
Review and provide commentary on third party reports.
Finalize the underwriting narrative and model and/or provide direction to underwriting staff.
Ensure ongoing communication on all aspects of the loan process with key stakeholders.
Conduct site visits independently.
Actively collaborate across the Underwriting team on portfolios or larger underwriting efforts.
Ability to proactively collaborate with Agency partners as necessary throughout the transaction.
Present to Investment/Loan Committee when necessary.
Research and analyze markets/submarket trends and fundamentals.
Management and mentorship of team analysts.

Requirements

What you’ll need

Bachelor’s Degree and 8 or more years of experience in commercial underwriting experience.
Ability to take ownership for loan transactions and manage workload with minimal supervision.
Thorough product knowledge of Agency financing (specifically Fannie Mae and/or Freddie Mac experience) and general multifamily financing alternatives.
Proficient in analysis of Mortgage Credit and Borrower structures.
Experience mentoring and training junior team members.
Excellent verbal and written communication skills.
Strong attention to detail.
Proven management capability.
Excellent critical thinking and decision-making skills.

Benefits

Comp & perks

Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance.
Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

commercial underwritingloan submissions analysisdue diligence materials reviewmortgage credit analysisborrower structure analysisunderwriting narrative finalizationmarket researchsubmarket trend analysisFannie Mae financingFreddie Mac financing

Soft Skills

team managementmentorshipcommunicationcritical thinkingdecision-makingattention to detailcollaborationownershipindependencetraining

Certifications

Bachelor's Degree