Community Development Banker - Commercial Real Estate, Community Development Banking - Vice President
On-site · Seattle, Washington, United States
Job Summary
Lead development of debt and deposit opportunities within Community Development Banking for commercial real estate with a focus on affordable housing. Negotiate credit terms and structures for complex transactions, coordinate with underwriting, closing staff and legal counsel to ensure accurate documentation and timely credit approval packages, monitor construction progress and draw requests, manage compliance and risk, and represent the Bank at industry events. Requires five+ years of experience in affordable housing/LIHTC, underwriting and administering commercial real estate construction loans for affordable multifamily housing, strong communication and analytical skills, proficiency in MS Word/Excel/PowerPoint, and a Bachelor's degree (MBA preferred). Must hold a valid driver’s license for periodic overnight travel.
Required Qualifications
- Five plus years’ experience in the affordable housing, low income tax credit industry
- Five plus years’ experience structuring, underwriting, closing, and administering commercial real estate construction loans for affordable multifamily housing
- Demonstrated success serving clients in the affordable housing industry
- Understanding and knowledge of standard bank credit policies and loan administration procedures
- Ability to work independently and with minimal supervision and direction
- Ability to interact favorably in person and on the telephone with prospects, clients, consultants, government agency staff, legal counsel, and team members
- Ability to collaborate with the team and adjust priorities to achieve team, as well as individual, goals
- Excellent written and verbal communication skills
- Strong analytical and PC skills; proficient in MS Word, Excel, and PowerPoint
- Valid driver’s license for periodic overnight domestic travel
- Bachelor’s degree required
- MBA degree and formal credit training preferred
- Strong familiarity with the market
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