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Director, Underwriting
Enterprise Community PartnersDirector of Underwriting leading a team to manage underwriting processes at a nonprofit housing organization. Overseeing performance and mentoring underwriters while ensuring market expertise.
About the role
Key responsibilities & impact- 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
- 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
- Independently underwrite one or more investments per year if necessary
- Plan and lead group meetings and discussions
- 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
- 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
- Lead training sessions or portions of them as appropriate
- Collaborate with internal partners to curate and organize training resources
Requirements
What you’ll need- 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
- 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
Comp & perks- dental, health, and vision care plans
- family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care
- flexible work arrangements to promote a better work-life balance
- health advocacy, EAP, and mental health benefits
- financial education
- wellness programs
- auto-enrollment in the company's 401(k) plan with employer matching contributions
- learning and development opportunities, including tuition reimbursement for job-related courses and certifications
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysisExcel modelingunderwritingreal estate transactionsLIHTC programaffordable housingbusiness analysisreport writingdata analysisproject management
Soft Skills
leadershipcoachingmentoringcommunicationorganizational skillsproblem-solvingflexibilityprofessionalisminterpersonal skillstime management