Job Summary:
CoreVest American Finance (CAF) is the leading provider of debt financing for residential real estate investors. We provide construction loans, bridge loans, acquisition credit lines and long-term debt solutions for residential properties across multiple asset classes. The Production Analyst will work with our team of Relationship Managers to source and structure new loans, analyze financing transactions and work directly with current and new customers. This is an excellent opportunity to work in a fast-paced team environment and quickly build both quantitative and customer facing skills, expertise related to structuring commercial loans and work closely with senior CAF executives.
Essential Functions and Responsibilities: Include the following but not limited to, other duties may be assigned.
• Work with Relationship Managers and other deal team members to evaluate potential financing transactions
• Conduct initial underwriting (budget analysis, income and expense analysis, loan sizing and structuring) for a variety of loan products, including construction loans, bridge loans, credit lines and term loans
• Assist deal teams in underwriting activities as necessary
• Assist in developing credit memos for loan committee approval
• Interact with potential borrowers and brokers to source new credit lines and term loans
• Respond to inbound customer inquiries and conduct outbound sourcing activities
• Attend conferences and in-market roadshows to develop customer relationships
• Perform other related duties or special projects as necessary
• Exercise discretion and independent judgment to complete work assignments
Minimum Requirements: The responsibilities listed below are required. Accommodations may be made to enable the individual with disabilities to ensure the individual can perform the essential functions and responsibilities.
• Bachelor’s Degree
• Ideally, some experience in real estate, commercial lending, finance or a related field
• Strong quantitative and qualitative skill set and superior attention to detail
• Ability to multitask and perform in a fast-paced work environment
• Excellent MS Excel, word and PowerPoint skills
• Some travel required
• Daily phone and/or in-person interaction with customers is required
Working Conditions:
• Typical office environment with no unusual exposures
• Uses office equipment/computers/keyboards
PHYSICAL AND MENTAL DEMANDS
The physical and mental demands described here are representative of those that must be met by employees to successfully perform the essential functions of this class. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands
While performing the duties of this job, the employee is regularly required to use hands to finger, handle, feel or operate computers and calculators. The employee is required to frequently sit and occasionally walk and stand to access work areas; stoop, kneel, or crouch to access or place records or files; and lift and carry records and documents, typically weighing less than 20 pounds. Specific vision abilities include close vision and the ability to adjust focus.
Mental Demands
While performing the duties of this class, the employee must be able to use written and oral communication skills; read and interpret data, information and documents; interpret policies and procedures; use math and mathematical reasoning; make basic and advanced mathematical computations and projections; learn and apply new information or new skills; work under deadlines with constant interruptions; and interact with management, staff, clients, and regulators in potential conflict situations. The employee has interfaces with management, staff, business representatives, clients, and public and private representatives.
ENVIRONMENTAL DEMANDS
This is primarily a sedentary office classification, and the employee works in an office environment with moderate noise levels, controlled temperature conditions, and no direct exposure to hazardous physical substances. The employee has interfaces with customers, staff, management, and other departmental representatives and public and private representatives. The employee may interface with upset persons in interpreting and enforcing department policies, government requirements, and company practices.
A reasonable estimate of the base compensation range for this role is around $65 – $75K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.