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Senior Underwriter
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$95,000 - $115,000 a year
Full-time
- The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well- being for people and communities.
- LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, and community facilities.
- The Senior Underwriter is responsible for conducting due diligence and underwriting for approval of loans made to support the development of affordable housing and community facilities.
- The Senior Underwriter works independently but with the supervision of regional loan originator of each transaction, i.e., the Market Director, Washington DC Director, New York Deputy Director, or Loan Officer, to obtain credit approval of new loans and also to prescreen potential loans for term sheet offers.
- The Senior Underwriter reports to the Market Director, Northeast Region in the New York City office but will work closely with Washington DC Director, New York Deputy Director, Loan Officers, and the Chief Credit Officer to underwrite for approval transactions throughout the US to help meet LIIF's lending goals.
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