Genesis Capital LLC
Construction Underwriting Analyst
Genesis Capital LLC, Los Angeles, California, United States, 90079
Overview
Join to apply for the
Construction Underwriting Analyst
role at
Genesis Capital LLC . This range is provided by Genesis Capital LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$70,000.00/yr - $90,000.00/yr Direct message the job poster from Genesis Capital LLC Company overview
Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust. Responsibilities
Responsibilities include collecting and reviewing construction specific documents and third-party reports to evaluate and measure potential risk and feasibility of construction projects. Reviews and summarizes construction reports including but not limited to appraisals, geotechnical reports, architectural, structural, civil plans, city approval conditions and any other relevant construction documents from third-party vendors. Manages construction data and relevant information in Genesis Capital’s System of Record. Ensure Glass metrics and loan structure are correct for Sponsor and Scope. Tracks and supports loan progression with up-to-date notes on outstanding items and underwriting conditions. Ensure project scope fits within sponsor approval. Ensure budget and costs are correct for project scope and location. Determines specific risks and potential mitigants by critically analyzing borrower’s construction operations team, experience, and potential project risks. Actively participates in internal meetings and discussions to resolve open construction needs. Onsite visits for construction analysis. Performs related duties as assigned by management. Education and Experience
Bachelor’s degree (strongly preferred) in Construction Management, Architecture, Estimation, Surveying, Engineering or related field or equivalent experience or job training may be substituted for formal education. Minimum 2 years of experience in real estate construction, architecture, or engineering; real estate construction lending experience. Strong understanding of the construction processes; single-family or multifamily experience is a plus. Proactive, initiative-taker with high level of attention to detail. Proficient in MS Office; Advanced Excel skills a plus. Excellent verbal and written communication skills. Additional Skills Required
Strong business acumen. People person who has a desire to be a part of a cohesive, dynamic team. Takes initiative with a clear business purpose in mind. Excels in a fast-paced work environment. By applying for this position, the candidate acknowledges that this is not a remote role and is required to be on-site.
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Join to apply for the
Construction Underwriting Analyst
role at
Genesis Capital LLC . This range is provided by Genesis Capital LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$70,000.00/yr - $90,000.00/yr Direct message the job poster from Genesis Capital LLC Company overview
Genesis Capital (the “Company”) is one of the largest business purpose lenders in the country, focused on providing commercial real estate financing solutions to real estate developers who buy, renovate, and sell single-family and/or multi-family residential real estate. The Company is a subsidiary of Rithm Capital (parent company), a publicly traded mortgage real estate investment trust. Responsibilities
Responsibilities include collecting and reviewing construction specific documents and third-party reports to evaluate and measure potential risk and feasibility of construction projects. Reviews and summarizes construction reports including but not limited to appraisals, geotechnical reports, architectural, structural, civil plans, city approval conditions and any other relevant construction documents from third-party vendors. Manages construction data and relevant information in Genesis Capital’s System of Record. Ensure Glass metrics and loan structure are correct for Sponsor and Scope. Tracks and supports loan progression with up-to-date notes on outstanding items and underwriting conditions. Ensure project scope fits within sponsor approval. Ensure budget and costs are correct for project scope and location. Determines specific risks and potential mitigants by critically analyzing borrower’s construction operations team, experience, and potential project risks. Actively participates in internal meetings and discussions to resolve open construction needs. Onsite visits for construction analysis. Performs related duties as assigned by management. Education and Experience
Bachelor’s degree (strongly preferred) in Construction Management, Architecture, Estimation, Surveying, Engineering or related field or equivalent experience or job training may be substituted for formal education. Minimum 2 years of experience in real estate construction, architecture, or engineering; real estate construction lending experience. Strong understanding of the construction processes; single-family or multifamily experience is a plus. Proactive, initiative-taker with high level of attention to detail. Proficient in MS Office; Advanced Excel skills a plus. Excellent verbal and written communication skills. Additional Skills Required
Strong business acumen. People person who has a desire to be a part of a cohesive, dynamic team. Takes initiative with a clear business purpose in mind. Excels in a fast-paced work environment. By applying for this position, the candidate acknowledges that this is not a remote role and is required to be on-site.
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