Senior Underwriter CRE – CDLI
| Company | Fifth Third Bank |
|---|---|
| Location | Grand Rapids, MI, USA, Charlotte, NC, USA, Cincinnati, OH, USA |
| Salary | $Not Provided – $Not Provided |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- College degree in accounting, finance, business administration, or economics.
- 7+ years of total work experience, including 4+ years in underwriting, credit, or originations, preferably in banking or investment banking.
- Knowledge of CRE and CDFI underwriting; LIHTC, NMTC, HTC is a plus.
- Proficiency in Microsoft Word, Excel, Outlook, and Internet Explorer; advanced skills in Excel are a plus.
- Attention to detail and excellent verbal and written communication skills.
- Highly organized and able to manage multiple detailed tasks and processes concurrently.
Responsibilities
- Focus on new money deals for new and existing borrowers.
- Focus on new investments for the CDC and assist in managing the CDC’s CDFI portfolio.
- Collaborate with Relationship Managers (RM) and Investment Directors (ID) on initial deal review, modeling, and structuring, including creating the Opportunity Memo.
- Assist RM/IDs with deal pre-clearance within the Community Development Lending and Investment Group.
- Work with RM/IDs, customers/prospects, and third-party providers to obtain due diligence information.
- Utilize and analyze resources to prepare the credit approval document.
- Coordinate with RM/ID and Credit Risk to obtain proper credit approval.
- Engage and manage legal counsel and negotiate legal documentation with RM/ID.
- Manage the closing, funding, and booking process in cooperation with Loan Closing Specialists and Credit Collateral Operations.
- Complete internal and external post-closing items.
- Underwrite deal amendments and restructurings.
- Handle special projects and assignments as requested.
- Aid in the development of junior team members.
Preferred Qualifications
- Knowledge of LIHTC, NMTC, HTC is a plus.