Director of Underwriting Leadership
4 days ago
Enterprise Community, Inc. is seeking a Director of Underwriting to lead and mentor a team of underwriters and associates. The ideal candidate will have a relevant degree, extensive real estate finance experience, and strong financial analysis skills.
Key Responsibilities:
- Lead and manage a team of underwriters and associates, coaching, mentoring, and training both new and established underwriters.
- Serve as the primary interface for the underwriting process with one or more proprietary investors, leading the engagement supported by one or more underwriters.
- Ensure that underwriters meet performance expectations, stepping in to manage deals and closings for underwriters on leave, and independently underwriting 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.
- Jointly lead efforts to improve underwriting effectiveness, participating in ongoing process improvement working groups and managing ad-hoc groups to address specific problems and solutions.
Requirements:
- Bachelor's degree in Business, Accounting, or Finance, or related field required. Master's degree preferred.
- 8+ years' experience in real estate finance, affordable housing, and/or LIHTC program, apartment market dynamics in both urban and suburban areas, and familiarity with industry policies, issues, and programs.
- Extensive knowledge of LIHTC and strong financial analysis skills required.
- Experience in closing real estate transactions highly preferred.
- Ability to manage multiple tasks effectively under significant time pressure to meet closing deadlines.
Total Rewards at Enterprise:
Enterprise offers a comprehensive total rewards package for you and your family, including a base salary of $135,000 to $200,000, depending on level of skills and experience, as well as annual performance bonuses and generous paid leave programs.
At Enterprise, our benefits form a major component of our total rewards package, including dental, health, and vision care plans, family-building benefits, flexible work arrangements, health advocacy, EAP, and mental health benefits, financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions.
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