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Role Description

Berkadia Affordable Tax Credit Solutions seeks a full-time real estate Vice President of Underwriting for its tax credit equity syndications team. The selected candidate will oversee the analysis and underwriting of proposed multi-family real estate investments that qualify for low-income housing tax credits and will support the Acquisitions teams throughout the underwriting process.

The VP will report to the Head of Underwriting and will be encouraged to lead, contribute, and generate ideas during the transaction process within a team environment.

In this role you will:

• Serve as lead contact and coordinator of all underwriting functions and dedicated underwriting personnel to ensure high quality and timely completion and review of due diligence.
• Work with dedicated underwriting personnel to complete comprehensive credit approval packages.
• Present credit approval packages to Berkadia Affordable Tax Credit Solutions Investment Committee.
• Work with dedicated underwriting personnel on financial modeling and model updates.
• Serve as the primary contact for legal counsel during underwriting to ensure projects meet Berkadia Affordable Tax Credit Solutions policies and procedures as well as LIHTC guidelines.
• Participate in the establishment and implementation of policies, procedures, and appropriate quality control measures.
• Identify and elevate issues that warrant additional investigation or may cause a delay in approval or closing.
• Interact with asset management, accounting, investor relations, and acquisitions departments as well as developer and investor clients to ensure timely, efficient, and thorough servicing and closing of transactions.
• Manage client and vendor relationships.
• Coordinate special/new projects as assigned/appropriate.
• Other duties as assigned.

Qualifications

• Strong analytical skills and ability to identify issues, draw logical conclusions, and interpret results for decision making with limited oversight.
• Detail-oriented, able to prioritize, meet tight deadlines, multi-task, and possess excellent organizational, verbal, and written skills.
• Strong working knowledge of financial modeling, cash flow analysis, and sensitivity analysis utilizing NPV and IRR.
• Understanding of generally accepted accounting principles with respect to real estate and partnership structures is preferred.
• Effective communication skills, both orally and in writing, to convey information clearly and project a positive, professional image.
• Ability to travel domestically as required.
• Bachelor's degree or equivalent work experience, with 7-10 years in a similar position supporting tax credit equity underwriting.

Benefits

• Monthly paid volunteer hours and donation matching to benefit our communities.
• Employee Resource Groups that help you grow with us.
• Fertility and family planning services.
• Up to 12 weeks of fully paid parental leave.
• Mental health care, including free counseling sessions.
• Generous tuition reimbursement to fund your learning journey.
• Pet insurance discounts.
• And more!