Assistant Director, Sr. Commercial Loan Originator - Remote

Symetra has an exciting opportunity to join our team as a Commercial Sr. Loan Originator!

About the role

Originate and underwrite commercial real estate loan investments that meet the company’s volume, yield and quality criteria. Achieve this by developing mortgage banker and borrower relationships and by being familiar with identified real estate markets. Manage each new investment from the initial inquiry through quoting, negotiating, underwriting, due diligence and approval processes. This is a hybrid role with required travel to the Bellevue/designated office a couple times per week and for in-person events a few times per year.

What you will do

• Develop and maintain relationships with mortgage bankers (“correspondents”), mortgage brokers and borrowers through lending program education/training, providing feedback and sales efforts. Tour markets throughout the country to become familiar with commercial real estate values and trend; inspect individual properties (total travel time approximately 25-30%).
• Evaluate (“underwrite”) new investment proposals and re-underwrite existing investments including valuation analysis and determination of investment strengths, weaknesses and mitigating factors. Propose appropriate investment structures and pricing to management and team members.
• Quote various investment alternatives to mortgage bankers and borrower and negotiate transaction terms (e.g. loan amount, interest rate, amortization, recourse) and conditions. Issue applications in coordination with legal and underwriting analyst resources.
• Participate in preparation of the loan approval memos to include responsibility for transaction strengths and weaknesses, recommendations and economic underwriting.
• Participate in loan underwriting and due diligence teams and improvement initiatives.

Why work at Symetra

“If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.” Cris H. - AVP Internal Sales, Training and Development

“Symetra is inclusive of all employees regardless of their personal differences.” Darrell J. - Actuary III

“Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.” Felicia D. - Financial Reporting Lead Senior Analyst

What we offer you

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.

• Flexible full-time or hybrid telecommuting arrangements
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away including vacation and sick time, flex days and ten paid holidays
• Give back to your community and double your impact through our company matching
• Want more details? Check out our Symetra Benefits Overview

Compensation

Salary Range: $150,000 – $170,000 plus eligibility for incentive compensation

Who you are

• Degree/Certification preferred: Bachelors.
• Minimum years experience required: 5, Minimum years experience preferred: 10
• Knowledge of commercial real estate, real estate valuation, loan structuring and the loan origination process enabling the evaluation of loan quality, risk and pricing.
• Ability to negotiate medium to large commercial real estate loan terms and conditions.
• Five years minimum real estate originator or other commercial real estate finance experience.
• Proven skills in customer and intermediary relationship building and marketing as demonstrated by past origination volume.
• Oral and written skills enabling effective one-on-one and small group communication.
• Attention to details and accuracy when performing valuation, underwriting and loan recommendations.
• Sound basic mathematical and analytical skills.
• Computer skills – strong proficiency in Word, Excel, e-mail, Web.
• High school diploma required.
• This is a remote role with required travel to the Bellevue office for in-person events a few times per year.

We empower inclusion

At Symetra, we aspire to be the most inclusive insurance company in the country. We’re building a place where every employee feels valued, respected, and has opportunities to contribute. Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.

We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company. We invite you to learn more about our efforts Here.

Creating a world where more people have access to financial freedom

Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future. In our daily work, we’re guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they’re buying, and we design products—and operate our company—to stand the test of time. We’re committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI). Join our team and help us create a world where more people have access to financial freedom.

For more information about our careers visit: https://symetra.eightfold.ai/careers

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

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