Analyst —> Underwriter —> Deputy Chief Underwriter (name will vary from firm to firm, basically a guy who manages underwriters)

That’s pretty much it. Underwriters are basically very experienced analysts. Analysts help out the underwriters with the more basic / easy stuff. Credit committee and deputy chief underwriters make high level decisions about what is / isn’t okay on certain deals and adjusting loan metrics accordingly.

If you want to leave the credit side after a couple of years, I’ve seen every move made. Acquisitions, asset management, debt funds, REITs etc.

Array
 
JSmithRE2010:
Analyst —> Underwriter —> Deputy Chief Underwriter (name will vary from firm to firm, basically a guy who manages underwriters)

That’s pretty much it. Underwriters are basically very experienced analysts. Analysts help out the underwriters with the more basic / easy stuff. Credit committee and deputy chief underwriters make high level decisions about what is / isn’t okay on certain deals and adjusting loan metrics accordingly.

If you want to leave the credit side after a couple of years, I’ve seen every move made. Acquisitions, asset management, debt funds, REITs etc.

Thanks for this - I'm really interested in working in acquisitions for a REIT or a CRE Group, do you have any insights as to the best way to break in? I was thinking MBA for some time, but I've found that many on this forum think a MSRE or MBA may be an expensive way to break in and networking could potentially get you there if you sell yourself right and know the right modeling. Thoughts?

 
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