Enterprise Community Partners

Director, Underwriting

Enterprise Community Partners

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $145,000 - $190,000 per year

Job Level

Lead

About the role

  • 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

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
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
financial analysisExcel modelingreal estate transactionsunderwritingLIHTC programaffordable housingproject managementclosing dealsscheduling workloadstraining development
Soft Skills
leadershipcoachingmentoringcommunicationorganizational skillsproblem-solvingflexibilityprofessionalisminterpersonal skillstime management
Certifications
Bachelor’s degreeMaster’s degree