Job Description
Qualifications:
- Bachelor’s degree in urban planning, Finance, or equivalent and 10+ years’ relevant experience or Master’s degree and 5+ years’ relevant experience.
- Excellent analytical skills and knowledge of LIHTC equity underwriting and other real estate feasibility analyses.
- Capacity to communicate effectively in both written and verbal forms.
- Ability to maintain positive, productive working relationships with both internal and external partners.
- Proven facility with coordinating complex activities, prioritizing conflicting demands, and meeting deadlines.
- Must be highly motivated, be able to work independently, and be available to work evening and weekend hours during peak periods.
- Willingness to travel as needed.
- Incumbent is expected to demonstrate a high level of ethics.
Job Responsibilities:
- Review, evaluate and respond to Preliminary Investment Reviews (PIRs), Market Analysis (MAs), Investment Analysis (IAs) and Closing Memos along with all other supporting documentation for proposed investments.
- Act as a resource throughout the acquisition, underwriting and closing process to evaluate risk factors.
- Respond as a subject matter expert to investor needs and third-party legal review as required for fund closing and/or deal placement.
- Contribute to the business’s position on evolving risk issues and industry responses.
- Perform sponsor capacity evaluations for new and high-volume partners as well as other development team members.
- Interact with investors and development teams’ members as needed.
- Participate in site visits as needed.
- Support the interaction among Underwriting, Asset Management and Development Risk Management during the underwriting process.
- Share in the responsibility for Credit’s other general duties, including but not limited to:
- Manage external resources such as REIS and ESRI accounts and third-party market analysts.
- Maintain and update policies and procedures.
- Support the sponsor financial review process during peak periods.
- Contribute to ongoing business process improvement efforts and document maintenance for the IA and MA forms.
- Provide training and support to new Underwriters and Analysts.
- Consult to Syndication Associates on risk issues related to due diligence.
