DescriptionAre you passionate about Community Development Banking? Do you take pride in contributing and supporting Affordable Housing for everyone? Are you interested in a career that is focused in making a difference in the community? If yes, the Community Development Banking team is for you!
As a Transaction Specialist on the Community Development Banking (CDB) team, you are responsible for leading and supervising a new project closing working directly with the Client, CDB Banker, CDB Underwriter, and the project team to ensure transactions are processed in an efficient, accurate, and timely manner.
Job Responsibilities
- Coordinate with the borrowers, underwriters, and bankers to obtain necessary due diligence required for loan file
- Assist in transition from screening to underwriting
- Manage the project checklist by acting as the internal point of contact and provide updates as needed
- Review, analyze and file documents for each project closing
- Work on End-to-End Project Appraisal and Environmental submissions
- Complete other projects and duties assigned to support the business
Required qualifications, capabilities, and skills:
- Requires 2+ years of experience in multifamily and multifamily affordable housing
- Ability to learn Real Estate Loan technology systems
- Ability to learn Real Estate Loan terminology
- Excellent detail oriented organizational skills and communication skills
- Must be able to work well under pressure in a fast-paced environment; prioritizing work to meet deadlines.
- Must be able to work independently and as a team member.
Preferred qualifications, capabilities, and skills:
- Bachelor’s degree preferred.
- Working knowledge of affordable housing and/or other government policies; use of subsidies and LIHTC