Director of Strategic Investments

About the role

The Senior Director will lead and oversee all aspects of capital deployment activities, including underwriting and closing functions. They will provide valuable insights to support the Strategic Investments team and play a crucial role in advancing LACAHSA’s mission to increase the production, preservation, and ownership of affordable housing.

Responsibilities

• Underwriting and closing oversight, ensuring that loans are approved in accordance with established policies and procedures.
• Lead the credit and investment review, approval, and closing process throughout the deal lifecycle with an enterprise mindset, collaborating broadly with internal and external partners to ensure well-managed processes and the highest level of impact.
• Lead and mentor credit analysts and closing coordinators, providing guidance and support to help drive performance.
• Evaluate real estate projects and sponsors' creditworthiness, and assess the risk associated with capital deployment activities.
• Prepare and analyze credit-related financial reports, providing insights to senior management.
• Coordinate with Financial Analysts to evaluate the financial performance of multifamily real estate assets, prepare comprehensive written analyses, analyze credit quality, and assist in preparing and presenting credit requests for credit approval.
• Develop and deliver training programs, workshops, presentations, and technical assistance sessions to internal staff, external stakeholders, funding partners, and community organizations on affordable housing finance, underwriting standards, capital deployment strategies, and investment programs.

Requirements

• A bachelor’s degree in economics, accounting, and/or finance
• 10 years of on-the-job experience evaluating, underwriting, and closing multifamily affordable housing
• Proven leadership capabilities with experience managing teams and fostering a collaborative work environment
• Exceptional verbal, written, and presentation skills, with demonstrated experience developing and facilitating training, workshops, stakeholder meetings, and executive-level presentations
• Ability to effectively communicate complex financial, investment, and affordable housing concepts to diverse audiences, including staff, executive leadership, external partners, and governing boards
• Strong understanding of lending practices, credit risk assessment, loan closings, and community development finance
• Excellent and proactive verbal and written communication skills
• Ability to evolve to meet new and emerging opportunities and challenges, including enabling a try/test/learn team culture
• Strong understanding of data collection, synthesis, and analysis for informed decision-making
• Stay informed and demonstrate subject matter expertise, including attending and participating in industry workshops and conferences

Qualifications

• Strategic Leadership & Execution
• Affordable Housing Finance Expertise
• Credit Risk Analysis & Decision-Making
• Relationship Management & Stakeholder Engagement
• Financial & Investment Analysis
• People Leadership & Team Development

Skills

• Licenses / Certifications: Valid California Driver's License – Required
• Technical Skills: Multifamily Affordable Housing Underwriting, Financial Modeling & Pro Forma Analysis, Loan Structuring, Closing & Portfolio Management, Credit Risk Assessment & Investment Analysis, LIHTC, Tax-Exempt Bond, and Public Funding Program Expertise, Advanced Microsoft Excel (Financial Modeling, Forecasting, and Reporting)

Benefits

We Offer Amazing Benefits Too: Great PPO health insurance options, fully paid Life and AD&D insurance coverage, Employee Assistance Program (EAP), generous retirement benefit where we match employee contributions dollar-for-dollar, up to 5% of the employee’s salary, with immediate vesting, paid time off, including 14 holidays, two weeks of sick leave, and two weeks of accruable vacation for new, full-time employees in their first year

Pay

Compensation Range: We are committed to equitable compensation practices, and we offer an annual salary ranging from $180,000.00 to $200,000.00 depending on your experience and qualifications.

Schedule

N/A