Sr. Credit Underwriter

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.

Job Description Summary

Job Description

Responsibilities:

• Review financial statements and prepare a multi-year financial analysis spreadsheet for developers/guarantors of ECI's LIHTC, conventional equity, and predevelopment transactions.
• Identify salient characteristics brought to light from the financial analysis spreadsheet and communicate findings and recommended follow-up to the Underwriter with a focus on identifying strengths and vulnerabilities in a developers' financial condition as well as their ability to support guarantees.
• Make recommendations in response to the analysis.
• Determine the most appropriate subject(s) of and level of analysis for a given transaction based on each party's roles, respective financial capacity and other factors.
• Analyze consolidated statements, reviewing the legal relationships, activities, assets and liabilities of consolidated entities to determine which entity or group of entities is to be evaluated and the form of such evaluation and presentation.
• Explain and train staff on factors to consider in reviewing financials for all types of entities: for-profit, non-profit, individuals, and housing authorities.
• Speak directly with CFO's, Finance Directors, and other representatives of sponsors/guarantors, when needed, to better understand the information provided. Assist with financial review policies and compliance with safeguarding of financial documents supporting our reviews.
• Contribute to financial review policies and compliance with safeguarding of financial documents supporting our reviews.
• Perform other special tasks as assigned.

Qualifications:

• BS Degree in Accounting, Finance, or equivalent and 8-10+ years' experience required or Master's degree and 5+ years' experience. A CPA is preferred but not required.
• Directly related experience in auditing and/or financial analysis of real estate development companies.
• Excellent analytical skills and knowledge of LIHTC equity underwriting or other real estate feasibility analysis.
• Ability to communicate well and maintain positive, productive working relationships with co-workers and outside partners.
• Proven capacity to coordinate complex activities, prioritize conflicting demands, and meet deadlines.
• Must be highly motivated, be able to work independently, and reasonably available to work outside standard business hours during peak periods.
• Incumbent is expected to demonstrate a high level of ethics.

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $130,000 to $145,, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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