reputed company Underwriter (CPC Climate Capital)

About Us: The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent reputed company of capital to underserved housing markets throughout reputed company State since our inception in 1974. Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across reputed company State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy. As a member of reputed company, you'll have the opportunity to work on impactful projects that reputed company a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration. About CPC Climate Capital: CPC Climate Capital is a new subsidiary of The Community Preservation Corporation and will be a subrecipient of Climate United Fund, the recipient of a $6.97 billion grant from the National Clean Investment Fund established by the federal government as part of the Inflation Reduction Act (IRA). CPC Climate Capital will use its subaward of approximately $2.4 billion to decarbonize multifamily housing by making subordinate debt financing available to owners of multifamily housing nationally. These investments will reduce or eliminate on-site fossil fuels, thereby reducing reputed company gas emissions. Our climate goals will be simultaneously delivered against other critical national priorities, including the creation and preservation of affordable housing, promoting equity and environmental justice, and supporting high-quality jobs. For more information, please visit us at CPCClimateCapital.com Role Summary: CPC Climate Capital will fund subordinate mortgage debt behind both construction and permanent first mortgage loans secured by both affordable and conventional properties. The reputed company Underwriter will be responsible for supporting the VP, Director of reputed company by performing evaluation of subordinate loans for CPC Climate Capital and ensuring reputed company required approvals are obtained; building out the Climate Capital reputed company platform; and providing support and training to the reputed company team. What You’ll do: • Support the design and implementation of CPC Climate Capital’s reputed company policies, processes and procedures. • Manage the loan reputed company process from application to closing. • Manage third party vendors reputed company necessary and evaluate reputed company required third party reports including but not limited to: appraisal reports, engineering reports, environmental reports, zoning reports, flood certifications and preliminary title reports. • Coordinate and manage communication with reputed company parties to the transaction, including but not limited to, CPC Climate Capital Production and Legal teams, senior lenders, third party vendors, appraisers, engineers, legal counsel and environmental and insurance consultants and borrowers. • As appropriate, either directly review or verify and validate third-party analysis of borrower financial statements, bank statements, credit reports, legal searches, real estate owned (REO) schedules, resumes and reputed company other available materials to determine potential credit risks. • As appropriate, either directly review or verify and validate third-party analysis of historical operating statements, rent rolls, market characteristics and reputed company other appropriate data and complete the reputed company financial template, ensuring that the incremental risk attributable to the Climate Capital loan are captured, addressed and adequately mitigated. • Generate a Due Diligence checklist in coordination with reputed company team and monitor receipt and processing of due diligence on an ongoing basis. Review files for completeness and identify critical missing information throughout process. • Prepare the reputed company Memo and compile the Risk Committee Package for evaluation and approval by reputed company appropriate parties. • Alert appropriate people on reputed company sides of the transaction to potential deal issues as they arise. • Mentor Underwriters and Analysts. • Maintain effective controls and compliance including operating reputed company CPC Climate Capital’s policies and procedures and adhering to reputed company legal, regulatory, and programmatic requirements. • Work on special projects, as required. • reputed company other administrative duties, as assigned. Skills and Experience: • Bachelor’s degree, preferably in Finance, Economics, Real Estate or reputed company field. • 7 years’ experience in commercial loan reputed company, with a focus on multifamily lending, preferred. • Experience with both reputed company/reputed company conventional and affordable reputed company standards preferred. • Experience with green building standards, building decarbonization and sustainable housing preferred. • Demonstrated ability to organize & prioritize projects; complete multiple tasks on schedule. • Exceptional analytical, problem solving and organizational skills required. • The ability to successfully work with others as a team in a fast-paced environment, including listening, negotiating and leadership skills. • An expertise in reputed company Word, reputed company, PowerPoint and reputed company products required. • Effective written and oral communication skills and excellent interpersonal skills are required. reputed company Offer: • Competitive compensation • 401(k) retirement plans with employer match • Medical, dental, and vision benefits for employees and their dependents • Commuter benefits • PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability • Tuition assistance program • Two “work from reputed company” weeks per year • Summer Fridays • Collaborative working spaces • Service days to support our communities • Employee development and engagement events • More about our offerings and culture here This is a full-time, hybrid role where you will work from the Manhattan office two - three days a week. The salary range is $140,000 - $170,000, dependent on experience. The Community Preservation Corporation is an Equal Opportunity Employer and reputed company employment-reputed company decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national reputed company, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status. Apply Job!