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Enterprise Community Partners

We are a national nonprofit that exists to make a good home possible for the millions of families without one.

Director, Underwriting

UnderwriterUnderwriterFull TimeRemoteLeadTeam 1,001-5,000Since 1982H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

22 days ago

Salary

$145K - $190K / year

Seniority

Lead

Bachelor Degree8 yrs expEnglish

Job Description

• Lead and manage a team of underwriters and associates • Coach, mentor, and train both new and established underwriters • Schedule workloads and assign deals to underwriters to balance effort throughout the year, ensuring a breadth of experience with different investors and markets • Maintain our expertise in serving proprietary investors and major markets • Serve as the primary interface for the underwriting process with one or more proprietary investors • Lead the engagement, supported by one or more underwriters • Ensure that underwriters meet performance expectations • Step in to manage deals and closings for underwriters on leave and independently underwrite one or more investments per year if necessary • Plan and lead group meetings and discussions to build a highly effective and motivated team of professional underwriting project managers and closers • Develop retreats with meaningful training sessions and collaboration with other departments/consultants • Jointly lead efforts to improve underwriting effectiveness • Participate in ongoing process improvement working groups and manage ad-hoc groups to address specific problems and solutions • Work with credit, LIHTC structuring services, investor relations, and others to organize, coordinate, and lead training programs • Schedule regular training sessions throughout the year, both virtually and during special events such as retreats and staff meetings • Lead training sessions or portions of them as appropriate • Collaborate with internal partners to better organize training resources, including LIHTC Structuring trainings, the Analyst Resource Hub, the Underwriter Resource Hub, and the Associate page

Job Requirements

  • Bachelor’s degree in Business, Accounting or Finance, or related field required
  • Master’s degree preferred
  • 8+ years’ experience real estate finance, affordable housing and/or LIHTC program, apartment market dynamics in both urban and suburban areas
  • Extensive knowledge of LIHTC and strong financial analysis skill is required
  • Experience in closing real estate transactions highly preferred
  • Ability to manage multiple tasks effectively under significant time pressure to meet closing deadlines
  • Extensive Excel modeling skills required
  • Proficient knowledge of MS Word and Power Point a plus
  • Strong writing /editing skills needed to produce correspondence and reports
  • Prior management and/or team leadership experience preferred
  • Demonstrated verbal communication and interpersonal skills to represent company to all parties
  • Demonstrates professionalism, diplomacy and composure and is flexible and able to adapt to a variety of situations
  • Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
  • Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills
  • Ability to maintain big picture focus while attending to detailed work and providing thorough documentation
  • Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines
  • Ability to work evening and weekend hours during peak periods

Benefits

  • Annual performance bonuses
  • Generous paid leave programs
  • Dental, health, and vision care plans
  • Family-building benefits such as adoption and surrogacy support
  • Flexible work arrangements
  • Health advocacy, Employee Assistance Program (EAP), and mental health benefits
  • Financial education and wellness programs
  • Auto-enrollment in the company’s 401(k) plan with employer matching contributions
  • Tuition reimbursement for job-related courses and certifications

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