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

• Maintains ongoing monitoring of client portfolios, ensuring accurate and timely analysis of financial statements, assignment of risk ratings, and required client reviews.

Team Leadership

• 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 and Hours

Shift: 1st shift (United States of America)

Hours Per Week: 40