Real Estate Financial Analyst

Job Type
Finance/Accounting/Lending
Organization
Enterprise Community Partners
Address

11000 Brokenland Parkway
Columbia, MD
United States

Job Description
  • Enterprise Community Investment is searching for a Real Estate Financial Analyst with strong financial and analytical skills to assist with the underwriting of tax credit projects. We are seeking a talented, motivated and experienced individual who possesses leadership potential. The ideal candidate will prosper in a fast-paced, entrepreneurial atmosphere.

    ***We have 1 opening that can be located in either Columbia, MD, Chicago, IL, Denver, CO, Portland, OR or Los Angeles, CA.
     

    Job Responsibilities

    • Assist with underwriting multifamily developments financed with the Low Income Tax Credit.
    • Perform financial projections and evaluating potential investments.
    • Prepare submissions to the Investment Committee.
    • Coordinate project closings with attorneys, accountants and developers.
    • Establish good working relationships with developers of affordable housing.
    • Independently model real estate development and operations financial performance with precision 
    • Create investment screening memos that balance the nuance of a credit document and a marketing document
    • Manage assigned LIHTC acquisitions bid workflow to deliver offers on-time in coordination with Originator
    • Use Salesforce to facilitate internal communication regarding deals 
    • Use Salesforce to document feedback and decision-making on deals for reference through an investment’s lifecycle
    • Address non-critical business issues on behalf of an Originator
    • Take on special projects for the acquisitions team as assigned

     

    Qualifications

    • BS/BA in Finance, Real Estate or Urban Planning or related field; preferably with some experience of real estate underwriting. Masters degree highly preferred 
    • Directly related experience in real estate development, preferably affordable housing; and previous work with nonprofit organizations preferred.
    • Strong financial and analytical skills, relationship management skills and writing skills.
    • Knowledge of real estate terminology and concepts preferred; basic knowledge of LIHTC a plus.
    • Ability to maintain big picture focus while attending to detailed work and providing thorough documentation.
    • Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
    • Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
    • Must have strong communications and writing skills.
    • Must have a record of high integrity.
    • Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills
    • Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
    • Ability to work evening and weekend hours during peak periods.
    • Physical Demands/Working Conditions
    • Ability to work under stress/pressure.
    • Ability to travel for flights up to 6 hours, or in automobile, or train.
    • Ability to climb stairs offsite at project sites.
    • When visiting project sites, incumbent may be exposed to varying environmental conditions (e.g. outdoor weather, dirt, dust, and other construction work site hazards).
    • Valid driver’s license required.

     

    Strong Candidates: 

    • Have experience in the LIHTC industry
    • Consistently exhibit an understanding of broader real estate investment concepts as well as LIHTC-specific concepts, including tax;
    • Demonstrate the ability to deliver highly accurate work quickly;
    • Exhibit judgment about when to raise a potential risk (financial, relationship, fiduciary, reputational, et al.) to a supervisor vs handling it independently; and 
    • Full mastery of Enterprise systems including Salesforce, Teams (OneNote), SharePoint, Workday et al.