underwriting complex loan requests and renewals for working capital lines of credit, commercial real estate loans, term loans, formula-based lines of credit, and other Bank lending products
building and maintaining relationships with lending officers, developers, syndicators, and agency representatives
evaluating financial performance, capital structure, collateral, and market factors to identify, assess, and mitigate credit risk
mentoring junior underwriters and analysts in financial analysis, deal structure, and affordable housing program knowledge
ensuring that transactions comply with Bank policy and regulatory standards
performing detailed underwriting of construction-to-permanent executions and direct-pay letter of credit structures associated with tax-exempt bond deals
modeling loan cash flows incorporating LIHTC equity, deferred developer fees, subordinate debt, and public funding sources
preparing comprehensive credit memoranda, incorporating both financial risk assessment and qualitative mission-driven impacts
participating in client and agency meetings as necessary to discuss deal structure, mitigate risk, and ensure execution alignment with Bank strategy

6+ years of related experience, including at least 3 years in affordable housing, community development, or commercial real estate lending
Bachelor’s degree or equivalent experience required; advanced degree or affordable housing certification preferred
Advanced knowledge of general commercial banking operations, including deposit operations, loan administration, and treasury management
Strong understanding of LIHTC program structure, tax-exempt bond executions, and layered capital sources used in affordable housing finance
Advanced knowledge of applicable regulatory and legal compliance obligations, including CRA, fair lending, and community reinvestment standards
Advanced analytical and writing skills with ability to craft high-quality, well-supported credit recommendations
Proficiency with Excel and real estate financial modeling tools; ability to manage multiple, complex transactions with tight timelines
Advanced speaking and writing communication skills.

Vice President, Commercial Underwriting – Affordable Housing

Key skills