Credit Underwriter

Overview

Genesis Capital (the “Company”) is one of the largest business‑purpose lenders in the country, focused on providing commercial real‑estate financing solutions to real‑estate developers who buy, renovate, and sell single‑family and/or multi‑family residential real‑estate. The Credit Underwriter is responsible for evaluating new lending opportunities and performing comprehensive analysis to determine the creditworthiness of the borrower.

• Evaluate the underlying project (collateral) and perform a financial analysis of the borrower and guarantor(s).
• Manage multiple underwriting projects/tasks simultaneously, including direct borrower interaction, preparation of credit memorandums, and market analysis.
• Prepare credit memorandums outlining the lending opportunity, key risks, mitigating factors, project/borrower/guarantor analysis, and credit advocacy.
• Perform credit analysis evaluating the applicant’s credit worthiness, financial strength, and loan repayment likelihood/capacity.
• Conduct market analyses and review real estate appraisals.
• Work with Loan Officers and Relationship Managers to obtain all required due diligence items.
• Collaborate with all Genesis departments including sales, loan operations, valuations, accounting, construction, and other support staff.
• Present credit memorandums to Credit Management for review and approval.
• Analyze legal documentation such as corporate entity documents to understand borrower structure and work with Compliance for AML/KYC.
• Review loan documents as needed.

• Bachelor’s degree.
• Minimum 3+ years in Commercial Real Estate banking or private real‑estate lending, in underwriting, credit analysis, or related experience.
• Experience in construction lending is a plus.
• Knowledge of complex real‑estate lending and loan structuring.
• Industry knowledge of credit and financial analysis fundamentals (cash flow analysis, balance sheet analysis, tax returns, profitability, liquidity, solvency analysis, and real‑estate valuation).
• Proficiency in financial modeling, preparation of pro‑forma financial statements, and NOI/DSCR analysis.
• Knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
• Highly proficient in Excel, Word, PowerPoint, and database applications for pipeline management.

• Strong underwriting experience and judgment to make decisions, read and interpret data from a micro and macro perspective.
• Ability to consolidate information from many sources to identify risks, conduct analysis, and articulate a concise recommendation.
• Ability to identify potential credit issues and appropriately Escalate to management.
• Ability to manage multiple tasks concurrently and prioritize workload to meet deadlines.
• Adaptability to changing priorities and/or processes in a fast‑paced work environment.
• Excellent interpersonal, negotiation, presentation, oral, and written communication skills.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not a remote role and requires the employee to be on‑site.

$80,000 – $130,000 per year.

We’re proud to be an equal opportunity employer and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.