Transaction Manager Associate-Community Development Banking

You are customer focused, enjoy building relationships and providing financial advice to your clients. A role as an Associate Banker is for you.

In this role you will work both independently and as part of a team to introduce our comprehensive solutions to clients. As a Banker Associate you are responsible for helping bankers cover new prospects, deepen existing client relationships, complete portfolio reviews, build market share and manage internal and external client dialogue.

As a Transaction Manager on the Community Development Banking (CDB) team, you are responsible for leading and supervising a smooth transaction experience for the client by working directly with the CDB Banker and CDB Underwriters to ensure transactions are processed in an efficient, accurate, and timely manner.

Job responsibilities

• Coordinate with the borrowers, underwriters, and bankers to obtain necessary due diligence required for loan file
• Assist in transition from screening to underwriting
• Maintain loan file, applicable checklists, and any documents required
• Review and analyze items received to ensure file is accurately documented
• Order and review third party reports (appraisals, environmental assessment, etc.)
• Assist underwriter by entering basic third-party report data
• Complete and/or assist Underwriters with applicable agency forms for submission.
• Assists with assembling loan package and delivering to closing.
• Perform other projects and duties assigned and deemed appropriate from the manager

Required qualifications, capabilities and skills:

• Excellent detail oriented organizational skills and communication skills
• Must be able to work well under pressure in a fast-paced environment; prioritizing work to meet deadlines.
• Ability to learn underwriting technology systems
• Must be able to work independently and as a team member.

Preferred qualifications, capabilities, and skills:

• Requires 2-4 years of experience in multifamily and multifamily affordable housing.
• Bachelor’s degree preferred.
• Working knowledge of affordable housing and/or other government policies; use of subsidies and LIHTC, though not required, is a big plus
• Working knowledge of real estate documentation is a big plus