Credit Officer
Credit Officer
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Job Description
Credit Officer Residential Development
Kirkland WA
A rapidly growing private real estate lender with over $350M in capitaland one of the topperforming funds in the hiring a Credit Officer to join their team. With $100M in real estate acquisitions over the past four years they continue to expand their footprint in residential lending.
In this role youll work closely with residential builders and developers to evaluate loan applications assess borrower qualifications and ensure alignment with company and investor guidelines. Youll collaborate with a credit team of five.
The ideal candidate brings deep experience in credit analysis risk assessment and real estate development. Youll be responsible for structuring and underwriting complex construction and bridge loansmaking sound credit decisions that support the firms growth while managing risk effectively.
Credit Officer Responsibilities:
- Loan Evaluation: Underwrite bridge and construction loans ensuring all documentation is complete accurate and compliant with company policies and regulations.
- Financial & Credit Analysis: Review borrower financials credit budgets market conditions and project feasibility to assess overall creditworthiness.
- Risk Assessment: Identify key risksmarket construction completion and repaymentand recommend deal structures to mitigate them.
- Credit Presentation: Prepare and present credit memos and risk summaries to senior management or credit committees for approval.
- Compliance: Ensure all underwriting follows internal credit policies investor guidelines and applicable lending regulations.
- Stakeholder Communication: Act as a liaison for loan officers borrowers brokers and internal teams
- Special Projects: Support the Chief Credit Officer with special projects and other duties as needed.
Credit Officer Qualifications:
- 4 years of mortgage/banking experience and/or related industry experience in construction real estate and/or private equity.
- Bachelors degree in Finance Real Estate Business or related field
- Solid understanding of income property analysis and loan structuring.
- Strong attention to detail time management and communication skills.
- Proficiency in Excel and familiarity with loan origination software.
- Ability to work independently and thrive in a collaborative fastpaced environment.
Company Benefits & Culture:
- Annual bonuses
- Free parking on site
- Employee home loan program
- Employee stock options
- 401k with a 3 match
Compensation: $95k$115k bonus
Required Experience:
Unclear Seniority
Employment Type
Full Time
