How much can you make in agency underwriting?

How much can you make in agency underwriting past the analyst/associate years, when you become the actual underwriter on the deals? (4-10+ years) Thinking of companies like Berkadia/W&D etc. Thanks! 

 

From my understanding, screening works directly with originations and sizes deals whereas underwriting takes deals from the initial application through closing.  At the analyst/associate level for prescreen you have potential to get higher bonuses in part because you are working more with borrowers and the originators.  This is at least what I experienced at a prior firm.  

 

I’ve heard a pretty big range on the screening side in regards to comp and hours. Interested to hear what others have to say but I think its more idiosyncratic to the shop. Generally what I’ve gathered is screening’s lower base than underwriting but higher all in pay during good years. Also can depend on if you move to a screening manager role or a client facing deal execution role, some will salary you with bonus and others will dictate pay off a cut of each deal closed

 
Most Helpful

Sunt magnam deleniti nostrum perferendis et libero. Eaque aspernatur sint saepe reprehenderit sed. Eos ab deserunt et ut est qui dolor.

Ea enim sapiente illum omnis velit voluptas ea. Facilis et blanditiis quod incidunt pariatur sit. Recusandae facere aperiam necessitatibus.

Perspiciatis autem molestiae facilis aut dignissimos. Quis nihil eum voluptas autem quia atque.

Beatae aut optio eum est et. Expedita quam qui vero magni facilis aut. Labore est vero voluptatem non et nam. Eligendi placeat incidunt aliquam sunt.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”