VP - Senior Underwriter Affordable Housing (Remote)
VP - Senior Underwriter Affordable Housing (Remote)
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Job Description
Are you looking for the opportunity to make an impact
Were seeking a dynamic and experienced professional to join our team driving excellence in GSE housing underwriting standards. If youre passionate about transforming the landscape of affordable housing and have a keen eye for detail this role is your opportunity to make a significant impact. Be Backed by the Best. Be Berkadia.
We Innovate to shape the future of CRE so in this role you will:
- Work with the DCUW to ensure adherence to the Companys policies and procedures associated with its GSE housing underwriting standards.
- Review debt application packages for conformance to GSE housing guidelines. Determine whether loan sizing is consistent with program criteria.
- Critically review borrower credit information third party reports property financial and physical information to determine whether the borrower and property meet program requirements.
- Ensure accuracy and compliance with GSE Guides required forms and third-party reports.
- Draft and finalize the underwriting submittal package which includes describing the transactions strengths and weaknesses discussing risks and mitigates and requesting any associated waivers. This also includes the final review and approval of all related reports and documents connected with the transaction.
- Provide necessary support and direction during the closing process to assure conformity with the major credit terms of the transaction.
- Ensure the DCUW originators and analysts remain informed of project specific progress and issues on a proactive basis to facilitate the smooth execution of all transactions under application.
- Provide GSE housing program training and mentoring internally to analysts other underwriters analysts GPO and other team members as needed.
- Remain current on GSE housing programs policies and legislation including participation in regular training with Freddie Mac Fannie Mae and other GSE housing funding providers.
- Participate in process improvements and technological initiatives that facilitate smooth deal execution as needed.
- Other duties as assigned.
We Stand for Excellence so to achieve success in this role you should have:
- Have advanced affordable housing underwriting experience specifically with Fannie Mae MTEB and Freddie Mac TEL products.
- Possess thorough knowledge of products guidelines policies and procedures.
- Exceptional credit sense judgment and decision-making skills with demonstrable technical skills in underwriting structuring and closing complex deals.
- Requires an independent worker with strong project management skills excellent accuracy and attention to details and an ability to adjust to industry changes.
- Must be proficient in MS Office Suite.
We believe People Matter so we offer benefits that go beyond:
- 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:
- Well help you fund your learning journey with generous tuition reimbursement
- Pet insurance discounts
- And more!
Be the Next Big Thing. Be Berkadia.
#LI-EP1 #LI-Remote
Berkadia as an equal opportunity employer celebrates our employees unique differences which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals we are committed to the full inclusion of all qualified individuals without regard to race religion age color national origin gender sexual orientation gender identity or expression marital status domestic partner status military and veteran status disability pregnancy parental status genetic information political affiliation or any other status protected by federal state and local laws.
In keeping with our commitment Berkadia takes the necessarysteps to provide a workplace free from harassment and discrimination as well as access and reasonable accommodations for individuals with you require reasonable accommodation to take part in the interview process please contact
You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role you are acknowledgingBerkadias Application PolicyandBerkadias Privacy Policy. Please click the following links for more information about:EEOCEmployee Rights under the FMLAEPPA.
Required Experience:
Exec
Employment Type
Full Time
