-
Senior Underwriting Professional
5 days ago
Aon Washington, United StatesPosting Description: · Aon is looking for an Underwriting Professional II · As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions. This role has the flexibility to be based in Washington D.C., Fort Wa ...
-
The Federal National Mortgage Association - Fannie Mae Washington, United StatesIn this compelling leadership position, you will be accountable for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as communicate and collaborate with key stakeholders a Director, Pricing, Underwriti ...
-
Fannie Mae Washington, United StatesJob Description · In this compelling leadership position, you will be accountable for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as communicate and collaborate with key stakeholders across the en ...
-
Fannie Mae Washington, United StatesJob Description · In this compelling leadership position, you will be accountable for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as communicate and collaborate with key stakeholders across the e ...
-
Fannie Mae Washington, United StatesJob Description · In this compelling leadership position, you will be accountable for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as communicate and collaborate with key stakeholders across the e ...
-
Fannie Mae Washington, United StatesJob Description · In this compelling leadership position, you will be accountable for assessing and identifying potential risks that may threaten our reputation, safety, security, and/or financial success, as well as communicate and collaborate with key stakeholders across the e ...
-
Sr. Surety Underwriter
1 week ago
First Insurance Company of Hawaii Washington, United StatesMarketing Statement · Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally r ...
-
LIHTC Proprietary Investments
1 day ago
The Federal National Mortgage Association - Fannie Mae Washington, United StatesSince restarting its Low-Income Housing Tax Credit (LIHTC) platform in 2018, Fannie Mae has invested over $4 billion in proprietary and multi-investor funds. As a valued contributor on our dynamic team, you will be responsible for underwriting and cl Investment, Writer, Underwrit ...
-
Underwriting Analyst
1 week ago
CW Financial Services LLC Washington, United StatesReports To: · Team Leader - Underwriting, Due Diligence, and Valuations · Join Us · Think You'd Be a Good Fit? · Send in your application by filling out the form below. · Join CW Capital's growing Underwriting/Valuations team and be part of the frontline effort to provide clie ...
-
Analyst, Housing Finance Transactions
1 week ago
HR&A Advisors Washington, United StatesABOUT US | HR&A Advisors, Inc. (HR&A) is an employee-owned company advising public, private, non-profit, and philanthropic clients on how to increase opportunity and advance quality of life in cities. · We believe in creating vital places, building equitable and resilient commu ...
-
Senior Paralegal
3 days ago
Tiber Hudson LLC Washington, United StatesSenior Paralegal · A highly respected Washington, D.C. law firm specializing in municipal financing of multifamily affordable housing seeks a full-time senior paralegal with excellent credentials, experience, and strong teamwork and interpersonal skills. Transactional experience ...
-
Morning Calm Management Washington, United StatesMorning Calm Management – Real Estate Capital Markets Analyst / Associate · Morning Calm Management is looking for an Analyst/Associate to join our rapidly growing Capital Markets team as we continue expanding our national footprint. In this role, you will be taught all the funda ...
-
Senior Investment Officer
1 week ago
RER Solutions Washington, United StatesJob Type · Full-time · Description · Do you want to work for a company that cares about you as a person, not just a number? For a company that provides outstanding leadership? For a company that offers exceptional benefits? RER Solutions, Inc., could be your new home. · RER So ...
-
Corporate Partnerships Specialist
1 week ago
Access Philanthropy Washington, United StatesCorporate Partnerships Specialist - Defense Sector · Great benefits. Competitive pay. We know these are someof the things people look for in a job. · But if you're the kind of person who also cares about making animpact and serving our nation's wounded warriors and theirfamilies ...
-
Senior Account Manager, Banking
1 week ago
Northern Trust Washington, United StatesAbout Northern Trust: · Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. · Northern Trust is proud to provide innovative financial services and guidance to the world's most suc ...
-
Client Manager I
1 week ago
Lockton, Inc. Washington, United StatesJob Summary: · About Lockton Northeast · For the Northeast Series, you'll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and bey ...
-
Senior Credit Risk Associate
1 week ago
RER Solutions Washington, United StatesJob Type · Full-time · Description · Do you want to work for a company that cares about you as a person, not just a number? For a company that provides outstanding leadership? For a company that offers exceptional benefits? RER Solutions, Inc., could be your new home. · RER So ...
-
Senior Account Manager, Banking
1 week ago
Northern Trust Washington, United StatesSenior Account Manager, Banking page is loaded · Senior Account Manager, Banking · Apply · remote type · Hybrid · locations · Washington D.C. · time type · Full time · posted on · Posted Yesterday · job requisition id · R124002 · About Northern Trust: · Northern Trus ...
-
Credit Modeling Senior Manager
1 week ago
Taleo BE Washington, United StatesIndustry/Sector · Banking and Capital Markets · Specialism · Data, Analytics & AI · Management Level · Senior Manager · Job Description & Summary · A career within Data and Analytics services will provide you with the opportunity to help organisations uncover enterprise insights ...
-
Director - Credit Analytics
1 week ago
Farmer MAC Washington, United StatesJob Description · Job Description · As the Director, Credit Analytics, you will lead Farmer Mac's credit analytics function, which primarily consists of: · Credit Risk Identification and Measurement · Portfolio Monitoring & Reporting · Analytical Policy Support · You will prov ...
Senior Underwriter - Washington, United States - Low Income Investment Fund
Description
Job DescriptionJob Description
LO
W INCOME INVESTMENT FUND
SENIOR UNDERWRITER
L
ocation:
Washington, DC
Reports to:
VP/Market Director, Northeast Region
Exempt classification:
Non-Exempt
S
t
atus:
Regular, Full-Time
S
alary Range:
$95,000 to $115,000 Annually
TH
E COMPANY:
The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well- being for people and communities.
LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, and community facilities.
In this way, LIIF provides a bridge between private capital markets and communities. LIIF is headquartered in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C. More on LIIF can be found atPOSITION SUMMARY:
The Senior Underwriter is responsible for conducting due diligence and underwriting for approval of loans made to support the development of affordable housing and community facilities.
The Senior Underwriter works independently but with the supervision of regional loan originator of each transaction, i.e., the Market Director, Washington DC Director, New York Deputy Director, or Loan Officer, to obtain credit approval of new loans and also to prescreen potential loans for term sheet offers.
The Senior Underwriter may also assist with review of loan documentation and closing.As part of the Lending team, the Senior Underwriter supports the achievement of regional and overall Lending work plan goals.
REPORTING RELATIONSHIPS:
The Senior Underwriter reports to the Market Director, Northeast Region in the New York City office but will work closely with Washington DC Director, New York Deputy Director, Loan Officers, and the Chief Credit Officer to underwrite for approval transactions throughout the US to help meet LIIF's lending goals.
MAJOR DUTIES AND RESPONSIBILITIES:
Due Diligence:
The Senior Underwriter manages the collection of the loan application materials from the borrower and commissions third-party due diligence reports (e.g., appraisal, plan and cost review, etc.) from vendors.
t
e Visits:
The Senior Underwriter will conduct a site visit as part of underwriting each transaction and will attend prospect/customer calls as needed to support the loan originator.
Underwriting:
The Senior Underwriter will collaborate with the originator to identify key risks guiding the underwriting. The Senior Underwriter will use the application package and third-party reports to underwrite the loan request.
Underwriting will include analysis of:
financial proforma projections, budgets, repayment sources, market and regulatory conditions, appraisals, entitlement/land use assessments, environmental reports, plan and cost reviews, property conditions reports, requirements related to other capital sources and subsidies, borrower and guarantor financial statements, management and leadership of sponsor, any commercial tenant leases, and other analysis as appropriate to assess credit risk on a given transaction.
The Senior Underwriter will compare the credit to LIIF's standard product requirements to ensure conformance or identify exceptions. He or she may also support loan originators in assessing eligibility of the credit for special funding programs.Credit Approval:
The Senior Underwriter, in consultation with the loan originator, will prepare written loan approval requests for presentation to the Market Director and to the Chief Credit Officer and/or Internal Loan Committee for final approval.
He or she will prepare exhibits (e.g., financial analysis) for the loan approval package and work closely with loan originators to present the credit approval requests.
Customer Service:
The Senior Underwriter will maintain a positive and professional relationship with LIIF's customers and business partners (which include third party lenders, attorneys and other external parties such as appraisers) by both initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner.
Pipeline Management and Template Development:
The Senior Underwriter will input prospective new transactions into the transaction database and assist the Northeast Region lending team with reporting and management of their pipeline.
SK
ILLS REQUIRED:
The ideal candidate for this position will have these key qualifications:
At least three years of experience in real estate-based lending and/or business lending, including borrower contact, credit analysis, due diligence and loan documentation;
Proficiency in analyzing financial statements of individuals, for-profit businesses, and nonprofit organizations and their real estate operations (in particular, rental housing and/or community facilities occupied by a single tenant).
Familiarity with basic accounting principles and ability to spread and analyze such statements to assess financial condition;Familiarity with federal, state, and local government funding sources for capital and operating needs of affordable housing projects;
Working experience with both private sector financial institutions and public agencies;
Familiarity with the design, permitting, and construction process for developing real property.
Proficiency with Microsoft Office Suite Programs, and other database software;
Excellent skills in managing multiple tasks requiring strong attention to detail.
Some travel may be required
E
DUCATIONAL AND OTHER REQUIREMENTS:
Educational background should include a bachelor's degree in a relevant area of study such as real estate, urban planning, business administration or finance, and at least an introduction to accounting; an advanced degree is preferred.
In addition, the position requires a high degree of self-motivation, dedication, creativity, and perseverance; flexibility with time and willingness to accept a demanding (and personally satisfying) position.
Excellent teamwork and strong time management skills are essential. Travel is required.HO
W TO APPLY :
Please apply with Resume and Cover Letter via our recruitment portal:
3ca7c-d700-429b-a6ab-bf ec& ccId= _000001 &lang=en_US
Notice to Third Party Recruitment Agencies:
Please note that Low Income Investment Fund does not accept unsolicited resumes from recruiters or employment agencies.
In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.
In the event a recruiter or agency submits a resume or candidate without an agreement Low Income Investment Fund shall explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.
Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Low Income Investment Fund.We do not accept unsolicited phone calls. Only candidates being considered for a position will be contacted.
L
II
F, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin.
Candidates of diverse background and with diverse experience are strongly encouraged to apply for this position.#J-18808-Ljbffr
