Genesis Capital LLC
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Credit Underwriter
role at
Genesis Capital LLC .
Genesis Capital (the “Company”) is one of the largest business‑purpose lenders in the country, focused on providing commercial real‑estate financing solutions to developers who buy, renovate, and sell single‑family and/or multi‑family residential properties.
The Company is a subsidiary of Rithm Capital, a publicly traded mortgage‑real‑estate investment trust.
Base Pay Range $80,000.00/yr – $130,000.00/yr
The Credit Underwriter is responsible for evaluating new lending opportunities and performing comprehensive analysis to determine the creditworthiness of the borrower.
The role involves assessing the underlying project (collateral), conducting financial analysis of the borrower and guarantor(s), managing multiple underwriting projects simultaneously, preparing credit memorandums, and presenting findings to Credit Management for approval.
The Underwriter must maintain strong credit quality in line with Genesis Capital’s policies and procedures.
Essential Functions
Assess risk in the borrower’s business strategy/experience and their real estate projects/investments.
Prepare credit memorandums outlining the lending opportunity, key risks, mitigating factors, and borrower/guarantor analysis.
Perform credit analysis evaluating the applicant’s credit worthiness, financial strength, and loan repayment likelihood/capacity.
Conduct market analyses and review real‑estate appraisals.
Work with Loan Officers and Relationship Managers to obtain all required due diligence items.
Collaborate with Genesis departments including sales, loan operations, valuations, accounting, construction, and other support staff.
Present credit memorandums to Credit Management for review and approval.
Analyze legal documentation such as corporate entity documents to understand borrower structure and work with Compliance for AML/KYC.
Review loan documents as needed.
Education and Experience
Must have bachelor’s degree.
Minimum 3+ years in Commercial Real Estate banking or private real estate lending, in the form of underwriting, credit analysis or related experience.
Experience in construction lending is a plus.
Knowledge of complex real estate lending and loan structuring.
Industry knowledge of credit and financial analysis fundamentals, including cash flow analysis, balance sheet analysis, tax returns, profitability, liquidity, solvency analysis, and real estate valuation.
Financial modeling techniques and preparation of pro‑forma financial statements and NOI/DSCR analysis.
Knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
Highly Proficient/Advanced in Excel, Word, PowerPoint, and database applications for pipeline management.
Knowledge, Skills, and Abilities
Rely on strong underwriting experience and judgment to make decisions, read and interpret data from a micro and macro perspective.
Ability to consolidate information from many sources to identify risks, conduct analysis and articulate a concise recommendation; identify potential credit issues and appropriately elevate to management.
Ability to manage multiple tasks concurrently and prioritize workload to meet deadlines.
Adapt to change in priorities and/or processes easily in a fast‑paced work environment.
Excellent interpersonal, negotiation, presentation, oral, and written communication skills.
By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on‑site.
We’re proud to be an equal opportunity employer – we celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.
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Credit Underwriter
role at
Genesis Capital LLC .
Genesis Capital (the “Company”) is one of the largest business‑purpose lenders in the country, focused on providing commercial real‑estate financing solutions to developers who buy, renovate, and sell single‑family and/or multi‑family residential properties.
The Company is a subsidiary of Rithm Capital, a publicly traded mortgage‑real‑estate investment trust.
Base Pay Range $80,000.00/yr – $130,000.00/yr
The Credit Underwriter is responsible for evaluating new lending opportunities and performing comprehensive analysis to determine the creditworthiness of the borrower.
The role involves assessing the underlying project (collateral), conducting financial analysis of the borrower and guarantor(s), managing multiple underwriting projects simultaneously, preparing credit memorandums, and presenting findings to Credit Management for approval.
The Underwriter must maintain strong credit quality in line with Genesis Capital’s policies and procedures.
Essential Functions
Assess risk in the borrower’s business strategy/experience and their real estate projects/investments.
Prepare credit memorandums outlining the lending opportunity, key risks, mitigating factors, and borrower/guarantor analysis.
Perform credit analysis evaluating the applicant’s credit worthiness, financial strength, and loan repayment likelihood/capacity.
Conduct market analyses and review real‑estate appraisals.
Work with Loan Officers and Relationship Managers to obtain all required due diligence items.
Collaborate with Genesis departments including sales, loan operations, valuations, accounting, construction, and other support staff.
Present credit memorandums to Credit Management for review and approval.
Analyze legal documentation such as corporate entity documents to understand borrower structure and work with Compliance for AML/KYC.
Review loan documents as needed.
Education and Experience
Must have bachelor’s degree.
Minimum 3+ years in Commercial Real Estate banking or private real estate lending, in the form of underwriting, credit analysis or related experience.
Experience in construction lending is a plus.
Knowledge of complex real estate lending and loan structuring.
Industry knowledge of credit and financial analysis fundamentals, including cash flow analysis, balance sheet analysis, tax returns, profitability, liquidity, solvency analysis, and real estate valuation.
Financial modeling techniques and preparation of pro‑forma financial statements and NOI/DSCR analysis.
Knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
Highly Proficient/Advanced in Excel, Word, PowerPoint, and database applications for pipeline management.
Knowledge, Skills, and Abilities
Rely on strong underwriting experience and judgment to make decisions, read and interpret data from a micro and macro perspective.
Ability to consolidate information from many sources to identify risks, conduct analysis and articulate a concise recommendation; identify potential credit issues and appropriately elevate to management.
Ability to manage multiple tasks concurrently and prioritize workload to meet deadlines.
Adapt to change in priorities and/or processes easily in a fast‑paced work environment.
Excellent interpersonal, negotiation, presentation, oral, and written communication skills.
By applying to this position, the candidate acknowledges that this is not a remote role and is required to be on‑site.
We’re proud to be an equal opportunity employer – we celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.
#J-18808-Ljbffr