Support Affordable Housing Mortgage Bankers in securing and processing all potential loans (both agency and non-agency execution).
Work in collaboration with Mortgage Bankers to assist in deepening relationships with current and prospective new clients to establish rapport with Principals and their staff.
Coordinate with internal Underwriters and Closers to identify and work through issues that may arise during the due diligence, underwriting, and closing processes.
Provide detailed quantitative and qualitative support to the Affordable Housing Mortgage Bankers.
Responsible for modeling, evaluating and underwriting new financing opportunities, by providing financial modeling, and delivering high quality property and market analysis to debt investors.
Partner with Affordable Housing Mortgage Bankers to pitch various execution options.
Act as a product specialist across an array of affordable housing products including Fannie Mae, Freddie Mac and Private Placement investors.
Work with support staff, transaction manager, underwriting and credit in the preparation of preliminary and final loan submissions.
Responsible for ordering 3rd party reports, completing compliance requirements, etc.
Work directly with the mortgage bankers to assist in securing debt financing for multifamily affordable housing projects and be overseen by the Transaction Manager.
Provide industry, market, business, and quantitative analysis support including performing ad-hoc strategic and financial reporting.
Expected to have a continuous improvement mindset and recommend efficiencies for change.
Work on special projects assigned from time to time.
May include doing site inspections when necessary.
Work onsite five days per week.
Requirements
Bachelor’s degree required in finance, accounting, business administration, economics, or Real Estate.
3+ years of experience in finance, accounting, real estate, investment banking or consulting including Real Estate Finance.
Demonstrated high proficiency in Excel, Word and PowerPoint, experience with complex spreadsheets.
Strong quantitative and analytical skills and the ability to interpret financial data from multiple computer systems.
Solid understanding and experience in the affordable housing industry.
Ability to synthesize and analyze large amounts of data and communicate relevant findings.
Demonstrated analytical approach to problem solving with a high attention to detail.
The ability to work in a fast-paced environment with a sense of urgency to meet deadlines.
Proactive and goal-oriented, with the ability to work independently.
Strong organizational skills – ability to manage multiple tasks simultaneously.
Consultative, service-oriented mindset.
Outstanding oral communication, written, and presentation skills.
Substantial organizational skills to recall transactions and their particular nuances quickly and efficiently.
Benefits
Eligibility for incentive compensation which may include production, commission, and/or discretionary incentives