Credit Underwriter

Genesis Capital • Sherman Oaks, CA

2d • Onsite

About The Position

Genesis Capital is seeking a Credit Underwriter to analyze clients' financial information to evaluate lending opportunities and perform comprehensive analysis to assess creditworthiness and determine loan application risk. This role involves working directly with clients and internal teams to gather necessary documentation for evaluating the underlying project (collateral) and performing financial analysis of the borrower and guarantor(s). The Credit Underwriter will prepare credit memorandums and analyses detailing key risks, mitigating factors, economic conditions, and client operations. Proficiency in Microsoft Excel for creating charts, graphs, and models to summarize findings and incorporate graphical analysis into presentations for Credit Management review and approval is essential. This position also ensures Genesis Capital maintains strong credit quality in line with its policies and procedures, assists in ensuring financial systems, recordkeeping, and reporting comply with legal requirements, and stays updated on commercial real estate and finance industry developments.

Requirements

• Bachelor's degree in Finance, Applied Economics or related field
• Three years of experience in the job offered or a related position
• Skills and knowledge in complex real estate lending and loan structuring
• Skills and knowledge in pro-forma financial statements and NOI/DSCR analysis
• Skills and knowledge in Microsoft Suite
• Skills and knowledge in database applications for pipeline management

Responsibilities

• Analyze clients’ financial information to evaluate their potential for lending opportunities.
• Perform comprehensive analysis to access creditworthiness and determine the risk associated with loan applications.
• Work directly with clients and internal teams to obtain relevant documentation to evaluate the underlying project (collateral) as well as perform financial analysis of the borrower and guarantor(s).
• Prepare credit memorandums and analysis to outline the lending opportunity's key risks and mitigating factors including economic conditions and client operations.
• Use Microsoft Excel to create charts, graphs, and models that summarize findings and incorporate graphical analysis into presentations of credit memorandum for Credit Management's review and approval.
• Ensure Genesis Capital maintains strong credit quality in line with its policies and procedures.
• Assist with ensuring that financial systems, fundamental recordkeeping, and financial reporting are compliant with legal requirements.
• Stay abreast of the latest developments in the commercial real estate and finance industries to ensure that Genesis Capital maintains strong credit quality.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level