Director, Lending Underwriting & Training

About Century Housing Corporation

Century Housing Corporation is a mission-driven Community Development Financial Institution (CDFI) supporting quality affordable home development throughout California. With offices in Culver City, Long Beach, and San Francisco, Century provides innovative end-to-end financing from predevelopment to permanent loans.

Director, Lending Underwriting & Training

The main function of the Senior Director, Lending Underwriting & Training is to build a culture that generates underwriting quality, consistency, and efficiency across all Lending & Investments staff through the creation, documentation, and enhancement of and training on best practices and Standard Operating Procedures (SOPs) in the complex process of underwriting credit risks for a CDFI. This role is committed to continuously support and increase lenders’ underwriting competency to assess and balance our credit standards with the unique strengths and risks of each lending opportunity. This role promotes learning and expertise development across the entire Lending team and acts as a bridge for knowledge and collaboration across CHC’s business lines.

Duties:

• Enable Lending to grow to scale through development of consistent and efficient underwriting/lending practices in the creation of quality assets.
• Build Lending culture and team ownership by acting on staff sentiment and feedback.
• Drive interdepartmental cooperation, organizational effectiveness and connection to CHC’s mission and impact.
• Empower growth and skill development through leveraging industry partnership and collaboration.
• Evaluate the creditworthiness and capabilities of the borrower/guarantor, the real estate collateral securing the proposed loan, and the adequacy of the loan structure for transactions and/or relationships
• Manage the underwriting and closing process and maintain excel and word document templates used for Credit Committee approval.

Required Knowledge, Skills, and Abilities:

Superior ability to develop capital budgeting and related financial models requires expert-level knowledge of Excel data analysis tools. Confidence in the ability to generate and explain complex financial models.

Skilled in the use of Microsoft Office Suite, and Agiloft CRM.

Ability to work with loan officers, loan administration, accounting, and other support staff to deliver timely turnaround for Century clients. Teamwork and flexibility are required to be successful in this position.

Experienced in prioritizing and multitasking. Skilled in managing time, multiple demands, and competing priorities effectively to accomplish objectives.

Access to reliable transportation, current driver's license, and insurance, may work remotely as needed.

Ability to keep established hours of operation and maintain excellent work attendance.

Ability to travel locally on relatively short notice.

Education and Experience:

Bachelor's degree in business administration with an emphasis in Finance or Real Estate with five years underwriting preferred. A combination of education and direct experience is considered.

Salary and Benefits:

Attractive compensation $150,000 - $185,000 annual salary with fully paid family medical, dental, vision and life/AD&D, long-term disability, retirement plan with company match, paid time off, paid holidays, college tuition, professional development opportunities, and college loan repayment assistance available.

Job Location:

Culver City, California 90230 with some remote work opportunities. This is not an exclusively remote position.

How to Apply:

Apply here or call Fern Hendrickson, Vice President, Human Resources at (310) 642-2017 for further information. FAX (310) 258-0714. Easy apply here https://bit.ly/3xoFcWE

Our organization is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or veteran status.