This position will report through to the Senior Managing Director ( SMD ) of Southeast Conventional Production. The Associate will be primarily responsible for assisting in the review of conventional multifamily and MHC loan requests throughout the nation and will work side-by-side with seasoned professionals on a substantial volume of multifamily and MHC transactions. The Production Associate will work on live transactions as they move from originations to closing and interact with a wide range of industry participants.The Associate will also assist in making informed underwriting recommendations, provide analytical support to the originators, assist on agency loan screenings, term sheet/application preparations, loan submission narratives preparation, and help ensure a highly efficient loan process from quote to close.
Purpose and Job SummaryThe Hagwood / Southeast Originations Team of Lument an Analyst / Production Associate for its growing Agency, FHA and proprietary loan originations platform. The Associate will be primarily responsible for assisting in the review of conventional multifamily and MHC loan requests throughout the nation and will work side-by-side with seasoned professionals on a substantial volume of multifamily and MHC transactions. The Production Associate will work on live transactions as they move from originations to closing and interact with a wide range of industry participants.The Associate will also assist in making informed underwriting recommendations, provide analytical support to the originators, assist on agency loan screenings, term sheet/application preparations, loan submission narratives preparation, and help ensure a highly efficient loan process from quote to close.
Essential Duties & Responsibilities- Works with both Lument's production and credit underwriting teams for preparation and submission of loan presentations to the agencies, FHA and balance sheet/proprietary programs.
- Assists with the front end screening of loan requests by reviewing and analyzing historical income, expense statements, and lease summary/rent rolls for each transaction.
- Summarizes historical property operations and performs credit and financial analysis of key principals and guarantors.
- Prepares loan applications and loan submission narratives.
- Reviews third party reports (appraisals, PCAs and ESAs) for accuracy and completeness.
- Works collaboratively with the production and underwriting platforms to problem solve and develop creative transaction structuring solutions while delivering best-in-class execution and client experience.
- Assists originators with prospecting and lead generation of potential new clients.
- Provide credible loan recommendations to supervisors and senior management based on market research and analysis.
- Initiates and facilitates process enhancement concepts and business development ideas.
- Drives production and revenue results by supporting the production officers.
- Attends and represents the company at conferences, events and other meetings as appropriate.
- Keeps abreast of existing and new products being developed in the marketplace and stays informed of key industry trends and products being offered by competitors.
Education, Skills & Experience- Bachelor or Master's degree with a concentration in Finance, Real Estate, Economics, and/or Business.
- 2 - 5 years Experience in the industry is strongly preferred.
- Excellent proficiency with MS Excel, Word, PowerPoint, and relevant web-based applications.
- Exceptional relationship-building skills.
- Excellent interpersonal skills.
- Strong project management and execution skills.
- Strategic thinker with the ability to envision and articulate creative approaches to multifamily and MHC financing.
- Strong time management and organizational skills and ability to manage multiple tasks and give attention to detail to each assignment.
- Strong analytical abilities to grasp complex transactional issues.
- Ability to read, analyze and interpret complex documents and provide succinct loan recommendations with the necessary support for those decisions.
- Strong level of personal accountability.
- Must be able to prioritize and execute quickly.
Key Individual Attributes You Need- You have an exceptional work ethic and very high standards;
- You have a commitment to continuous learning and professional growth;
- You have a positive mindset and see opportunity in challenges;
- You love working and collaborating with A-Players and high performance teams / individuals;
- You want to learn from and be mentored by proven industry leaders;
- You have high ethical standards and values;
- You are authentic and loyal;
- You are confident, resourceful and are a highly motivated self-starter;
- You are respectful and collaborative with your teammates and clients;
- You are extremely conscientious of deadlines;
- You have exceptional communication skills and interpersonal skills;
- You have a strong analytical mindset;
- You have superior technology skills;
- You love turning research into concrete action plans;
- An exceptional experience for the client drives you;
- You seek innovative and creative ways to serve clients and grow the business;
- You have excellent prioritization, time management, and organizational skills;
- You love to see your team and your client WIN;
- Results and details matter to you;
- EXCELENCE matters to you!
Travel Requirements - Less than 10% of the time.
Life at ORIXWe are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
You TimeWe want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Family CareEvery family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
Flexible Work ArrangementsORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.