Associate, Production - Affordable Housing

ORIX Group•San Diego, CA

2d•$85,000 - $95,000•Hybrid

About The Position

Reporting to the Managing Director, and under the overall direction of the Senior Managing Director, the Associate supports the origination, screening, and execution of multifamily mortgage financing and tax-exempt bond opportunities within Lument's Affordable Housing platform. This role is responsible for analytical, underwriting, and transaction support functions across the deal lifecycle, from initial screening through closing. The ideal candidate demonstrates strong financial and analytical skills, attention to detail, sound judgment, and the ability to work both independently and collaboratively in a fast-paced team environment.

Requirements

Bachelor's degree in business, finance, accounting, real estate, or a related field required.
Minimum of 3 years of relevant experience in multifamily housing finance, affordable housing finance, or a related commercial real estate lending environment.
FINRA Securities Industry Essentials (SIE) required within one year of start date.
Advanced proficiency in Microsoft Office, with particular emphasis on Microsoft Excel.
Working knowledge of financial statement analysis, general accounting, cash flow modeling, and mortgage interest calculations.
Excellent organizational, written, verbal, and interpersonal communication skills.
Ability to synthesize large volumes of information into clear, well-supported credit and business recommendations.
Ability to learn quickly, work independently, and contribute effectively as part of a high-performing team.
Strong time management skills, with the ability to manage multiple assignments and transactions simultaneously in a fast-changing environment.
Flexibility and the ability to perform effectively under pressure and meet tight deadlines.
Highest degree of integrity, professionalism, discretion, and confidentiality in the performance of daily responsibilities.
Strong work ethic, initiative, accountability, and motivation, with a collaborative and solutions-oriented mindset.
Ability to build and maintain trusted working relationships with clients, colleagues, and external partners.

Nice To Haves

Experience with Fannie Mae, Freddie Mac, and/or FHA loan programs preferred.
Knowledge of real estate finance and investment real estate, particularly multifamily and affordable housing, preferred.

Responsibilities

Develop a strong working knowledge of all applicable Affordable Housing products offered by Lument, including relevant policies, procedures, and underwriting guidelines.
Build a thorough understanding of the loan origination and underwriting process across Lument's lending programs.
Review and analyze prospective loan opportunities for preliminary qualification and screening.
Perform detailed financial analysis using current and historical property cash flows, operating statements, rent rolls, and other transaction materials.
Conduct market research and support underwriting conclusions with relevant data and analysis.
Maintain and update underwriting models and other transaction-related analytical tools.
Prepare screening narratives, submission memos, and other internal and external deal materials.
Establish, organize, and maintain transaction files and related documentation.
Support transactions from engagement through closing, including day-to-day coordination with internal teams, clients, agencies, investors, counsel, and other funding participants.
Participate in corporate, strategic, and team initiatives as needed.
Collaborate professionally and effectively with colleagues across the organization.
Perform other duties and special projects as assigned.