National Underwriter

April 26

Local Initiatives Support Corporation (LISC)

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Catalyzing Opportunity for All

community development • neighborhood development • economic development • affordable housing • financial stability

201 - 500

Description

• LISC is seeking a qualified candidate for a National Underwriter. • This position will be part of LISC’s Lending Department and will report to LISC’s Vice President, National Underwriting. • The National Underwriter will provide technical assistance and direct underwriting support to local Program Officers and serve as primary underwriter for a set of national and regional borrowers that operate in multiple LISC markets. • The National Underwriter will have deep knowledge of public and private resources available to leverage LISC’s investment and will provide support to strategically deploy LISC’s full array of financing products.

Requirements

• Bachelor’s degree from an accredited college or university in business, finance, real estate or related fields. Relevant experience may be considered as a proxy. Master’s degree preferred. • Minimum 5 years of professional experience in housing and community development and/or multifamily real estate development is preferred, including project financing, market analysis, deal structuring, and financial analysis. • Demonstrated ability to manage multiple transactions at various stages and coordinate with multiple internal and external parties to meet approval and closing deadlines. • Strong working knowledge of MS Office Suite programs in particular MS Excel and Word. • Deep knowledge of and experience with community development financing preferred including but not limited to tax credits (low-income housing, historic, and new market), tax-exempt bonds, and federal, state and city subsidy programs. • Knowledge of and experience with key concepts related to the overlap of environmental sustainability and community development, including the requirements of the GGRF and various green building standards. • Strong verbal and written communication skills. • Ability to work both independently and collaboratively. • Highly detail-oriented and ability to convey complex information clearly and concisely. • Demonstrated interest in LISC’s community development mission.

Benefits

• Competitive salary ($102,000 - $127,500); salary commensurate with relevant work experience and location • Excellent fringe benefits • Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location, and other qualifications