Senior Financial Analyst

Lacahsa • Los Angeles, CA

27d • $87,000 - $127,000

About The Position

The Los Angeles County Affordable Housing Solutions Agency (LACAHSA) is a new agency, created to address the ongoing challenges of affordable housing in L.A. County. We help people stay in their homes and increase housing options in all communities of Los Angeles County. Our Agency, a special act agency operating pursuant to the Los Angeles County Regional Housing Finance Act (Senate Bill 679, as amended), was created by California state legislation sponsored by community organizations and housing experts, approved by the State Legislature, and signed by Governor Gavin Newsom. We are governed by a Board of 22 Los Angeles County leaders, including elected officials and housing experts. Now that you know who we are, here’s what we’re building and how you can help shape it. By delivering rigorous financial analysis, exercising sound judgment, and supporting well-structured and compliant investments, you will play a direct role in advancing housing stability and affordability for Angelenos. As a member of LACAHSA’s Strategic Investments team, you will help ensure that public resources are deployed thoughtfully, efficiently, and in alignment with the Agency’s mission to expand access to safe, stable, and affordable housing across Los Angeles County. What You’ll Do: The Senior Financial Analyst is responsible for leading the independent underwriting and financial analysis of affordable housing transactions across acquisition, construction, and permanent loan products, and for producing clear, well-reasoned financial and credit analyses to support investment and approval decisions. In addition to working closely with the Managing Director and Senior Director of Strategic Investments, as well as with Loan Closers and other internal/external stakeholders. The position requires a high degree of professional independence and accountability, including the ability to assess transaction risk, identify material issues, and recommend appropriate mitigants with minimal supervision. The Senior Financial Analyst is expected to exercise sound judgment, proactively escalate concerns, and serve as a primary first-line reviewer throughout the underwriting and approval process. Success in this role is measured by the accuracy, quality, and timeliness of underwriting deliverables, as well as the ability to operate as a trusted and independent analytical resource.

Requirements

• Bachelor’s degree in finance, accounting, economics, or a closely related field
• Minimum of three (3) years of professional experience underwriting and evaluating multifamily affordable housing transactions
• Experience performing financial analysis for multifamily affordable housing transactions.
• High attention to detail, sound judgment, and the ability to manage multiple priorities with minimal supervision
• Experience reviewing and analyzing annual financial statements and auditing financial reports for multifamily or real estate-related entities.
• Ability to interpret audit findings, identify material variances or issues, and assess implications for credit and underwriting decisions
• Advanced Excel skills, including complex formulas, financial modeling, cash flow analysis, and sensitivity analysis
• Strong written/ verbal communication skills, including experience preparing clear and well-supported underwriting or credit analyses

Nice To Haves

• Experience underwriting transactions for a public-sector, mission-driven, or government-affiliated lender.
• Familiarity with layered affordable housing capital structures and subsidy programs
• Background in working with NOFAs, loan committees, or formal credit approval processes
• Proficient in reviewing audits prepared in accordance with GAAP and/or government or nonprofit accounting standards
• Familiarity with single-asset entity audits, management letters, and internal control observations
• Expertise in reviewing third-party reports, including appraisals, market studies, and environmental reports
• Prior experience working closely with senior leadership on investment or credit decisions
• Knowledge of Los Angeles County or California affordable housing markets and programs

Responsibilities

• Independently underwrite acquisition, construction, and permanent loan transactions for multifamily affordable housing.
• Analyze sources and uses, cash flow, debt service coverage, reserves, and exit scenarios
• Prepare accurate financial statement spreads and conduct quarterly and year-over-year trend analysis
• Evaluate financial performance, operating metrics, and asset risk profiles
• Identify key risks, sensitivities, and policy considerations, and recommend appropriate mitigants.
• Apply sound judgment to support informed investment and approval decisions
• Partner effectively with senior leadership, Loan Closers, and internal/external stakeholders.
• Communicate complex financial findings clearly to support efficient deal execution
• Deliver timely, high-quality underwriting and financial analyses
• Provide actionable financial insights to support senior leadership and strategic investment objectives

Benefits

• Great PPO health insurance options, and we will cover 100% of your premiums for Medical, Dental & Vision
• Fully paid Life and AD&D insurance coverage
• Employee Assistance Program (EAP)
• Generous retirement benefit where we match employee contributions dollar-for-dollar, up to 5% of the employee’s salary, with immediate vesting
• Paid time off, including 14 holidays, two weeks of sick leave, and two weeks of accruable vacation for new, full-time employees in their first year

What This Job Offers

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