The National Equity Fund, Inc. (NEF), the largest non-profit syndicator of low-income housing tax credits, is seeking a Senior Underwriting Analyst. This position is responsible for formulating and supporting recommendations to the Chief Credit Officer for credit analysis of sponsor financials and real estate holdings, rent and income levels, market conditions and operating expenses for proposed LIHTC investments. Evaluate developer organizational structure, capacity and track record. Interface with third party affordable, multifamily market analysis companies and review their professional market analyses. Compile and evaluate information from project sponsors and property managers regarding their comparable properties; develop third party sources to obtain information on comparables in the project’s market area; evaluate proposed utilities and real estate taxes through inquires to local utility providers and tax assessors; compile and evaluate key information from third party market studies and other data sources pertaining to market conditions and rental comparables. Prepare summary reports and analysis of market information from third party analyses, NEF portfolio and other information sources. Conduct site visits on an as-needed basis.
The ideal candidate will have a bachelor’s degree in finance, business or real estate and at least two years experience in financial analysis or accounting. Additional experience in multifamily real estate market analysis, appraisal or investments particularly in the low-income housing tax credit market place is preferred. Ability to produce accurate and timely information by self-reviewing work and meeting defined time deadlines. Skills set must include excellent verbal and communication with attention to detail, work effectively under time critical conditions, strong analysis and computer skills, exercise initiative and mature judgment. Travel as needed.
We offer a competitive salary, along with a comprehensive benefits package.
Submit resume and cover letter with salary requirements via fax to (312) 360-0804,
e-mail to rhall@nefinc.org, or mail to The National Equity Fund, Human Resources Department, 120 South Riverside Plaza, 15th Floor, Chicago, IL 60606.
NEF IS AN EQUAL OPPORTUNITY EMPLOYER
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In the heart of Chicago, we offer degrees in fields of study that can change your life and change the world. CUPPA students and alumni are uniquely skilled to build and transform sustainable urban neighborhoods and communities and to address the challenges presented in the 21st century. Find our more about our Bachelors, Masters, and Doctorate degrees at cuppa.uic.edu.
Follow our job postings below and our national job tweets at @CUPPACareers. For student internships and student opportunities, head to the CUPPA Student Opportunities Blog
Have a job or internship to post? Send an email with the title, location, job description, and contact information to cuppa@uic.edu