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Systima Capital Management LLC

Affordable Housing Underwriter

Salary
Competitive
Employment
Full Time
Real Estate Field
  • Finance / Investment
Location
Chicago
 IL
Postal Code
60606
Country
United States

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Description


Job Description

The Affordable Housing Underwriter will support the overall origination and underwriting process for affordable multifamily housing. The Underwriter will work independently and report to the Portfolio Manager/Director of Risk Management and Vice President of Investments. This will include, but is not limited to:

  • Screen new loan and investment opportunities
  • Perform due diligence, underwriting, structuring and closing of new loans
  • Monitor the performance of the existing portfolio
Key Responsibilities

  • Evaluate, size and price new loan opportunities.
  • Interact and correspond directly with borrowers throughout the underwriting process, including issuing a loan commitment and reviewing loan submission packages.
  • Perform market and financial analysis, including cash flow and waterfall modeling on newly sourced transactions.
    Review and analyze legal documents, operating agreements, loan documents, financial statements and third-party reports.
  • Prepare Investment Committee Memos to highlight credit strengths and risks pertaining to transactions, including loan structure, cash flow, valuation and market information.
  • Assist with deal closings and transition to asset management.
  • Assist with asset management, including financial statement analysis, investor reporting and perform site inspections.
  • Perform ad-hoc analysis and create presentations as requested by senior management and/or investors.
Expectations

  • Ability to prioritize and manage multiple competing tasks.
  • Ability to work independently, think critically and solve problems.
  • Excellent analytical skills, attention to detail and strong organizational skills.
  • Strong communication and presentation skills.

Compensation

  • Market competitive salary with performance-based bonus and attractive benefit package.

Job Functions


  • Acquisitions
  • Investment Management
  • Underwriting
 

Job Sector


  • Alternative Investments
 

Experience


2+ to 5 years


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