Credit Analyst

at  Housing Trust Silicon Valley

At a glance:Join Housing Trust Silicon Valley’s Multifamily Lending Team in San Jose, California, and seize the opportunity to grow and develop in a mission-driven environment. As a Credit Analyst, you’ll be instrumental in evaluating and underwriting affordable housing loans and contributing to the organization’s impactful work of creating affordable housing opportunities for our neighbors. Housing Trust invests time in developing your skills while offering a hybrid work arrangement and generous benefits, including fully covered medical, dental, and vision benefits, a 401K employer contribution, paid vacation, sick days, and more.
Apply now and be part of the commitment to making a difference in the community!
Description: What you’ll be doing:Another Source’s client, Housing Trust Silicon Valley, is recruiting a Credit Analyst to join their Multifamily Lending Team in San Jose, California. This position will play a vital role in supporting the evaluating and underwriting of affordable housing loans - it is an exciting time to join the team at Housing Trust Silicon Valley!
This position is hybrid (on-site 3 days per week) and offers a very generous PTO plan. They are a 100% self-sufficient, non-profit that is committed to maintaining work / life balance.
*
About Housing Trust:*
Housing Trust is leading the effort to create a strong affordable housing market in the greater Bay Area as one of the region’s highest-volume nonprofit housing lenders. Serving people experiencing homelessness to renters to first-time homebuyers, we assist a wide range of residents with programs across the entire spectrum of housing issues. Since 2000, Housing Trust has invested $555 million – creating over 26,000 affordable housing opportunities serving over 49,000 of our neighbors. Housing Trust has led the way in engaging local corporations and foundations in investing hundreds of millions of dollars to work with us to bring more solutions to the market all while experiencing several years of high growth in our lending business.
Learn more about the team: https://housingtrustsv.org/about/staff-board/
Read about the Housing Trust: https://housingtrustsv.org/
*
Salary Range: *$78,000 - $94,000
*

POSITION OVERVIEW:*

The Credit Analyst (CA) plays a pivotal role in facilitating the lending process for affordable housing projects, ensuring thorough analysis and accurate decision-making. The role reports to the Interim Chief Credit Officer. And encompasses a broad range of responsibilities, from gathering essential information for loan applications to supporting portfolio performance monitoring and reporting. The CA will support the organization’s operations by assisting the lending and asset management teams in performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and loan reviews.
*

QUALIFICATIONS*:

• Bachelor’s degree in business, finance, real estate, urban planning, or economics, or at least 2 years’ experience in a related field. An additional 3 years of experience can substitute for a bachelor’s degree.
• Deep and genuine commitment to the mission of Housing Trust and its borrowers.
• Interest in learning about affordable housing and/or commercial real estate, and credit analysis.
• Curiosity in learning to analyze financials of nonprofit and for-profit organizations and real estate operations (particularly rental housing).
• Enthusiasm for learning to review due diligence items required to underwrite real estate transactions including appraisals, environmental, and construction cost review reports.
• Interested in working with both private sector financial institutions and public agencies.
• Interest in learning about federal, state, and local government funding sources for capital and operating needs of multi-family housing, affordable housing and/or permanent supportive housing.
• Proficient in Microsoft Office, file management software (Box), and CRM software (Salesforce)
• Ability to manage multiple tasks while exhibiting strong attention to detail and a high level of accuracy.
• Strong analytical, time management and critical thinking skills.
• Ability to work effectively in a team environment and collaborating across various levels of diversity including race, color, national origin, ancestry, sex, marital status, disability, religious or political affiliation, actual or perceived gender identity, age, or sexual orientation.
• Embrace a work culture that celebrates creativity and innovation.
  *
  What’s* in it for you:
  Housing Trust offers a comprehensive compensation and benefit package.

• Loan Underwriting
• Loan Monitoring and Credit Analysis
• Loan Extension and Modification Process
• Internal and External Reporting
  *