Associate, Production Analytical Support

Purpose and

Job Summary:

Reporting to the Senior Managing Director, the Associate supports the origination, screening, structuring, underwriting, and execution of affordable multifamily financing opportunities within Lument’s Affordable Housing platform. The position encompasses multifamily mortgage banking and tax-exempt bond financing used to finance the acquisition, refinancing, rehabilitation, and construction of affordable housing properties. The Associate is responsible for financial modeling, transaction analysis, due diligence, document review, and execution support throughout the financing lifecycle, from initial evaluation and proposal through underwriting and closing.

The ideal candidate has strong quantitative and analytical skills, an understanding of real estate finance, exceptional attention to detail, sound judgment, and the ability to manage multiple assignments in a collaborative, fast-paced environment. The Associate is expected to develop the skills and experience necessary to assume increasing responsibility within Lument’s affordable housing production platform.

Essential Duties and Responsibilities:

Develop and maintain a strong working knowledge of Lument’s affordable housing finance products, policies, procedures, underwriting guidelines, and transaction requirements.

Support senior bankers in the origination, evaluation, structuring, and execution of multifamily mortgage and tax-exempt bond financing opportunities.

Review prospective transactions and prepare preliminary analyses of property operations, development costs, sources and uses, capital structure, financing proceeds, debt-service capacity, loan-to-value ratios, debt-service coverage ratios, and other relevant credit metrics.

Analyze current and historical property cash flows, operating statements, rent rolls, development budgets, financial statements, market information, and other transaction materials.

Assume responsibility for preparing, maintaining, and reconciling financial models for construction and permanent financing, including operating cash flow projections, debt sizing, debt-service schedules, construction draw and funding schedules, capitalized interest, investment earnings, and applicable repayment or redemption mechanics.

Analyze the interaction among the various debt, equity, and other funding sources within a transaction’s capital structure.

Assist senior bankers in evaluating financing alternatives and developing structures responsive to a transaction’s credit, timing, regulatory, and execution requirements.

Prepare financing proposals, engagement documentation, screening narratives, structure comparisons, term sheets, credit and approval materials, investor presentations, and other internal and external transaction materials.

Use approved artificial intelligence and other technology tools to enhance financial analysis and assist in preparing term sheets, transaction write-ups, and related work products, while independently reviewing and validating all outputs and complying with applicable confidentiality, data security, legal, and compliance requirements.

Assist in the preparation and review of offering and disclosure materials and support the collection, organization, and verification of financial, operating, project, and transaction information.

Review draft bond, loan, and financing documents for consistency with approved business terms, financial models, credit approvals, and other transaction materials; identify discrepancies and assist senior bankers and counsel in resolving open business items.

Review appraisals, market studies, environmental and engineering reports, construction information, organizational documents, tax-credit materials, and other due diligence items; identify…