Underwriting Analyst - Oklahoma City, United States - Merchants Capital

Description

Carmel, IN or Boston, MA

• Merchants Capital

Job Type
Full-time
Description
As the

Underwriting Analyst,

you will be assisting the VP, Deputy Chief Underwriter and VP, Underwriter in evaluating LIHTC investments and assessing the associated risks and mitigants.

Generally, this includes evaluating the counterparty risk, ensuring that the proposed investment is sound real estate, and ensuring that the investment meets Merchant Capital's Equity Investment Guidelines.

You will help review due diligence documents and draft investment committee memos.

You must be able to accurately synthesize a large amount of information contained in various third-party documents and possess excellent written skills to draft the investment committee memos efficiently and accurately.

This role is preferred to operate in our Carmel, IN Headquarters or Boston, MA office. If you are eager to learn and work within a fast-paced environment, then apply TODAY
In one year as an Underwriting Analyst, you will know you were successful if you...
Assist in the review of due diligence items that include but are not limited to:
Market study
Property audits and/or operating statements
Assist in drafting sections of the investment committee memo.
Assist in populating the Underwriting Workbook in Excel using information within due diligence items and the financial forecast.
Attend Committee Meetings
Attend company meetings/functions at various offices and sites.
Requirements

What we are looking for...
Bachelor's degree in finance, Accounting, Economics, Business or Real Estate/Urban Planning
1-3 years of LIHTC experience preferred, will also consider individuals experienced with other affordable housing programs.
Basic knowledge of IRC Section 42 and tax credit financing
Basic knowledge of multifamily real estate development financing
Outstanding analytical skills
Strong attention to detail and commitment to accuracy
Excellent writing skills
Strong organizational skills with the ability to manage multiple priorities simultaneously while meeting deadlines.

Ability to function well in a team environment as well as ability to work independently to complete assigned tasks with limited oversight and follow-up.

Knowledge of Microsoft Office programs (particularly Word and Excel)
Willingness to learn and expand knowledge of sound underwriting principles.

With over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multi-family housing nationwide.

Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways.

Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners.

To learn more about Merchants Capital, visit

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