MULTIFAMILY UNDERWRITER

Job Description

CSG is seeking an experienced individual with multifamily or affordable housing underwriting experience to assist in the analytical and underwriting work of the company. This position entails supporting the efforts to analyze, structure, negotiate and fund a variety of transactions. The ideal candidate will have the desire to become an integral part of an energetic, growing and highly experienced team of real estate financial services professionals. Knowledge of multifamily is required. LIHTC experience is strongly preferred. The position is based in Clearwater, Florida.

Major Duties and Responsibilities

  • Analyze, underwrite and close real estate debt and equity transactions while balancing the needs of various constituents, both internal (originations, investor due diligence, risk management, and loan administration) and external (clients, legal counsel, and coordination of various third party professionals)
  • Evaluation of property and parent company financial statements
  • Assessment of real estate attributes to proposed project or collateral for financing
  • Analysis of credit characteristics specific to transaction
  • Clear presentation of credit profile in written request packages
  • Preparation of loan applications
  • Interaction with clients, agencies and other funding participants
  • Review and negotiation of legal documents
  • Coordination of the closing process

Desired Skills & Experience

  • Strong aptitude for accuracy and detail
  • Experience analyzing financial statements including balance sheets, income statements and sources and uses of cash
  • Ability to identify real estate and financial risks, to understand which issues require elevation, and how to provide mitigation for risks
  • Excellent project management skills with the ability to manage multiple simultaneous projects and function under tight time frames within a complex and shifting environment
  • Adept at communication of complex information with the ability to work in close collaboration with a team of individuals to resolve underwriting issues
  • Strong communication skills with emphasis on concise and accurate report writing skills
  • Able to work independently as well as function in a team-oriented setting
  • Highest degree of integrity, professionalism and responsibility
  • Initiative and a strong sense of career motivation
  • Proficient with MS Office (Word, Excel, PowerPoint)
  • Occasional travel is required

Education / Experience:

  • Knowledge of multifamily underwriting is required. LIHTC experience is strongly preferred.
  • At least 2 years of experience in underwriting or in any combination of the following areas; analyst, underwriter, acquisitions, dispositions, asset management, Fannie Mae, Freddie Mac, HUD, USDA.
  • Bachelor’s degree in Finance, Accounting, Real Estate or related field.

Page 2

MULTIFAMILY UNDERWRITER - Job Description

Company Description

Churchill Stateside Group is a real estate financial services company serving investors and developers in the affordable housing, renewable energy and entertainment tax credit industries, as well as commercial and multifamily real estate lending. CSG is a privately owned company that understands the value of building long-term relationships and taking care in all of our dealings with valued clients, employees and business partners. We have a long history of leading with innovation and flexibility.

Learn more Churchill Stateside Group

Additional Information
Posted: January 16, 2013
Type: Full-time

Experience: Mid-Senior level

Compensation: Competitive Salary & Benefits

To Apply

Submit resume and letter of interest.

Jennifer Bowser

(727) 488-1721

1 | Page