Primary Purpose of Job and Contribution to Organization: This position is responsible for independent work, assisting in the coordination of administrative tasks, and/or assignments within the Credit Underwriting Department for underwriting multifamily housing developments (new construction, acquisition/rehabilitation, renovation, redevelopment and preservation) assigned to Seltzer Management Group. Essential Tasks and Responsibilities:
Underwriting proposed transactions, adhering to the applicable statutes that govern the programs (e.g. Housing Credit Program, State Apartment Incentive Loan, Multifamily Mortgage Revenue Bond Program, and others as assigned) from which the proposed transaction is seeking funding
Determining eligibility and feasibility of the proposed transaction for assistance
Calculating loan or credit amount to be awarded
Determining compliance with regulations governing assistance and establishing terms and conditions of the funding award
Engaging and analyzing third-party reports (e.g. Market Study, Appraisal, Phase I Environmental Site Assessment, Capital Needs Assessment, Plan and Cost Analysis, Site Visit, etc.)
Perform a thorough review and analysis of the experience and financial capacity of the borrower
Review applications and work with the borrower to collect all required documents
Participating in closing loans underwritten by Seltzer Management Group
Provide client(s) with requested documentation to assist with audit/quality assurance functions
Perform other related work as required
Professional Requirements:
Strong analytical skills
Proficiency with Microsoft Office, Advanced skills in Microsoft Excel a plus
Ability to handle multiple tasks simultaneously
Excellent oral and written skills
Ability to operate independently and exercise sound judgment
Required Education and Experience:
A Bachelor’s degree in Accounting/Finance or financial institution experience.
3-5 years commercial real estate analysis, lending (preferably loan underwriting) or banking experience
A background in the financial services industry, with experience performing financial modeling and analysis
Benefits:
Paid Holidays and PTO
Health Benefits
Tuition reimbursement
Matching 401K
Profit Sharing
Company Stock
Competitive Salary
Full Time Job
Benefit Conditions:
Waiting period may apply
This Job Is Ideal for Someone Who Is:
Dependable -- more reliable than spontaneous
Detail-oriented -- would rather focus on the details of work than the bigger picture
Autonomous/Independent -- enjoys working with little direction
Innovative -- prefers working in unconventional ways or on tasks that require creativity
For more information about Seltzer Management Group, Inc., please visit our website www.seltzermanagement.com
Job Type: Full-time Work Location: In person
Numbers & Facts
Location
Panama City Beach, FL
Job Type
Full-time
Skills
Accountingunmatched
Administrative Skillsunmatched
Analysis Skillsunmatched
Banking Servicesunmatched
Capital Analysisunmatched
Constructionunmatched
Cost Analysisunmatched
Dental Insuranceunmatched
Detail Orientedunmatched
Documentationunmatched
Environmental Site Assessment (ESA)unmatched
Financeunmatched
Financial Analysisunmatched
Financial Modelingunmatched
Financial Servicesunmatched
Fundingunmatched
Health Insuranceunmatched
Loan Underwritingunmatched
Microsoft Excelunmatched
Microsoft Officeunmatched
Mortgage Lendingunmatched
Multitaskingunmatched
Needs Assessmentunmatched
Presentation/Verbal Skillsunmatched
Quality Assuranceunmatched
Regulatory Complianceunmatched
Tuition Feesunmatched
Underwritingunmatched
Vision Planunmatched
Writing Skillsunmatched
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