NW Recruiting Partners
Credit Officer – Construction Loans (Residential Development)
NW Recruiting Partners, Seattle, Washington, us, 98127
Overview Credit Officer – Construction Loans (Residential Development)
Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required. A rapidly growing private real estate lender is hiring a Credit Officer to join their team. With $3B in loans funded, they continue to expand their footprint in residential lending. Responsibilities
Deal Vetting:
Underwrite bridge and construction loans end-to-end, confirm inputs, and keep the file buttoned-up for audit. Borrower & Project Diagnostics:
Dig into financials, credit profile, budgets, comps, and assumptions to gauge ability to execute and repay. Exposure Mapping & Mitigation:
Pinpoint market, build, timeline, and exit risks; shape terms (reserves, covenants, collateral) to offset them. Committee Briefings:
Produce tight decision memos and risk snapshots; present and shepherd packages through leadership/credit review. Controls & Requirements:
Keep every deal aligned with internal credit frameworks, investor parameters, and applicable lending rules. Partner Interface:
Serve as the go-to between loan officers, borrowers, brokers, and internal teams to keep diligence unblocked. C-Suite Initiatives:
Support the Chief Credit Officer on ad-hoc analyses, portfolio looks, and priority special assignments. Qualifications
2+ years of mortgage/banking experience and/or related industry experience in construction, real estate and/or private equity. Bachelor’s degree in Finance, Real Estate, Business, or related field. Solid understanding of income property analysis and loan structuring. Proficiency in Excel and familiarity with loan origination software. Ability to work independently and thrive in a collaborative, fast-paced environment. Benefits
Employee home loan program 401k with a 3% match Compensation Compensation: $95k-$115k + bonus
#J-18808-Ljbffr
Read the overview of this opportunity to understand what skills, including and relevant soft skills and software package proficiencies, are required. A rapidly growing private real estate lender is hiring a Credit Officer to join their team. With $3B in loans funded, they continue to expand their footprint in residential lending. Responsibilities
Deal Vetting:
Underwrite bridge and construction loans end-to-end, confirm inputs, and keep the file buttoned-up for audit. Borrower & Project Diagnostics:
Dig into financials, credit profile, budgets, comps, and assumptions to gauge ability to execute and repay. Exposure Mapping & Mitigation:
Pinpoint market, build, timeline, and exit risks; shape terms (reserves, covenants, collateral) to offset them. Committee Briefings:
Produce tight decision memos and risk snapshots; present and shepherd packages through leadership/credit review. Controls & Requirements:
Keep every deal aligned with internal credit frameworks, investor parameters, and applicable lending rules. Partner Interface:
Serve as the go-to between loan officers, borrowers, brokers, and internal teams to keep diligence unblocked. C-Suite Initiatives:
Support the Chief Credit Officer on ad-hoc analyses, portfolio looks, and priority special assignments. Qualifications
2+ years of mortgage/banking experience and/or related industry experience in construction, real estate and/or private equity. Bachelor’s degree in Finance, Real Estate, Business, or related field. Solid understanding of income property analysis and loan structuring. Proficiency in Excel and familiarity with loan origination software. Ability to work independently and thrive in a collaborative, fast-paced environment. Benefits
Employee home loan program 401k with a 3% match Compensation Compensation: $95k-$115k + bonus
#J-18808-Ljbffr