Job Information

TIAA Bank Sr Commercial Real Estate Underwriter in Jacksonville, Florida

Commercial Underwriter Sr

The Commercial Underwriter Senior underwrites commercial real estate financing requests, including financial analysis on the collateral and related parties, reviews market conditions, and identifies the relevant risks that are appropriately mitigated relative to the organization's credit risk appetite in a recommended loan structure. This job is also responsible for constructing a credit memorandum which documents the analysis of credit data, identifies key risks and mitigating factors and makes credit recommendations which are aligned with the organization's risk appetite.

Key Responsibilities and Duties

  • Evaluates commercial real estate financing requests, reviews market conditions, and identifies the relevant risks that are appropriately mitigated relative to the organization’s credit risk appetite in a recommended loan structure.

  • Constructs a credit memorandum that documents: the analysis of credit data and other borrower information; compliance with credit policies; comments on the alignment with the organization’s risk appetite; identification of key risks and mitigating factors; discussion and defense of the risk rating.

  • Interacts with multiple internal and external parties associated with each loan, including legal and closing personnel to ensure the loan documentation correctly reflects approval terms and protects the organization and is accurately booked and funded.

  • Performs multiple tasks for separate transactions accurately in a time critical environment.

  • Gathers information as necessary to make sound decisions, which may include studying past insurance coverage and claims, finances, management, assets, and debts.


  • 3 Years Required; 5 Years Preferred

  • University (Degree), Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work

Preferred Education

  • University (Degree)

Career Level


Required Qualifications:

  • 3 years of commercial real estate underwriting experience


Preferred Qualifications:

  • 5 years of commercial real estate underwriting experience

  • Bachelor's Degree in Business, Accounting, Finance, or Real Estate

  • Previous experience with Salesforce

  • Well-spoken, can communicate effectively (orally & in writing)

  • Strong analytical skills

Potential Salary: $125,000.00 USD

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).Â

Company Overview

As a part of TIAA’s Financial Solutions business, TIAA Bank, a division of TIAA, FSB, provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country.Â

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary ( .

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here ( .

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.Â

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:Â

Phone: (800) 842-2755


Privacy Notices

For residents of California, please click here ( to access the TIAA CA Applicant Privacy Notice.

For residents of the EU / UK, please click here ( to access the EU / UK Pre-employment Notice.

For all other residents, click here ( to access the Applicant Privacy Notice.

TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.