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Senior Commercial Underwriter - Remote

Posted 10 weeks ago
Finance / Legal
Full Time
USA

Overview

The Senior Commercial Underwriter is responsible for conducting due diligence and underwriting for loans and New Market Tax Credit (NMTC) transactions to finance the development of affordable housing, charter schools, health centers, grocery stores, cooperatives, and other community facilities.

In Short

  • Conduct due diligence and underwriting for loans and NMTC transactions.
  • Finance the development of affordable housing and community facilities.
  • Work closely with Regional Directors and Loan Officers.
  • Obtain credit approval for new loans and NMTC transactions.
  • Screen financing opportunities for term sheet offers.
  • Support the achievement of regional and overall Credit and Lending work plan goals.
  • Communicate with internal stakeholders and external parties.
  • Part of the Community Development Lending (CDL) team.
  • Report to the Director of National Underwriting.
  • Help meet Momentus’ lending goals.

Requirements

  • Experience in underwriting and financial analysis.
  • Knowledge of New Market Tax Credit transactions.
  • Strong communication skills.
  • Ability to work collaboratively with various stakeholders.
  • Understanding of community development finance.
  • Detail-oriented with strong analytical skills.
  • Ability to manage multiple projects simultaneously.
  • Experience in the financial services industry.
  • Proficiency in relevant financial software.
  • Commitment to community development and economic mobility.

Benefits

  • Opportunity to make a positive impact in communities.
  • Collaborative work environment.
  • Professional development opportunities.
  • Comprehensive benefits package.
  • Flexible work arrangements.
  • Supportive leadership team.
  • Engagement in meaningful projects.
  • Access to a network of professionals in the field.
  • Potential for career advancement.
  • Commitment to diversity and inclusion.
Capital Impact Partners logo

Capital Impact Partners

Capital Impact Partners is part of the Momentus Capital family of organizations, which includes CDC Small Business Finance and Ventures Lending Technologies. The organization is dedicated to transforming the flow of capital and investments into communities, aiming to address systemic issues of inequality and economic empowerment. By offering a range of financial products, impact investment opportunities, and training programs, Capital Impact Partners supports local leaders in building inclusive and equitable communities, ultimately fostering generational wealth and economic mobility.

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