Credit Underwriter II-CRE/Community Development Banking

Evaluations

• Evaluates new end-user credit and equity opportunities including identification and assessment of risks and identifies mitigating factors.

Client Consultation

• Member of client-facing team to consult on sales opportunities and provide the product expertise and consultation necessary to deliver the best possible solution to the client.

Underwriting and Negotiation

• Underwrites new transactions, analyzes credit risk, negotiates and closes deals, while adhering to internal policy, procedures and regulatory requirements.
• Structures the terms of loans and tax credit investments with respect to the various aspects that make up a loan and tax credit equity investment (e.g. pricing, pay-in, rates, payment, term, collateral and tax credit compliance).
• Prepares credit approval documentation and reviews due diligence and legal documentation to assure alignment with credit approval.

Portfolio Management

• Manages the credit process for a portfolio of clients, loans and investments including reviewing financial statements, assessing project performance and the client's compliance with financial covenants, confirming the accuracy of risk ratings, and recommending changes as warranted.

Mentoring

• Mentor junior underwriters and analysts supporting culture of excellence, rigor and continuous development.

Communication

• Effective communication with clients, internal partners and approvers, legal counsel and third-party consultants.

Qualifications

• 5 + years of experience in credit underwriting, structured finance, or commercial real estate, with significant exposure to LIHTC and community development finance.
• Experience with LIHTC program mechanics, compliance, and risk factor, Affordable housing finance and capital stack, Real estate credit underwriting fundamentals.
• Strong financial modeling and analytical skills.
• Demonstrated ability to underwrite and approve complex, large-scale transactions.
• Experience interacting with senior credit officers and risk committees.

Skills

• Adaptability
• Attention to Detail
• Data Collection and Entry
• Prioritization
• Recording/Organizing Information
• Analytical Thinking
• Critical Thinking
• Issue Management
• Oral Communications
• Problem Solving
• Collaboration
• Credit and Risk Assessment
• Decision Making
• Innovative Thinking
• Written Communications

Shift

1st shift (United States of America)

Hours Per Week

40