Credit Analyst

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

At Enterprise, you’ll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You’ll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you’re valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.

Reporting to the Director of Credit, the Credit Analyst is responsible for a variety of tasks associated with underwriting, closing, and asset management of loans. In particular, the Credit Analyst will provide support to Loan Fund’s operations by working closely with the Loan Fund’s Chief Credit Officer, Director of Credit, Loan Officers and Asset Managers to manage relationships with our customers and closely monitor the performance of assigned loans and the underlying project.

Asset management tasks include but are not limited to covenant compliance, financial reporting, loan modifications, annual reviews, and assigned program management. In addition, the Credit Analyst will support the Loan Officers and Asset Managers by performing financial analysis of both for‑and non‑profit sponsors and/or borrowers, completing 3rd party report reviews, and performing site visits.

The Credit Analyst will be responsible for managing a portfolio of loans, primarily acquisition and construction loans in New York City. In particular, the Credit Analyst will provide support to Loan Fund’s operations by working closely with the Loan Fund’s Chief Credit Officer, Director of Credit, Loan Officers and Asset Managers to manage relationships with our customers and closely monitor the performance of the loan and underlying project.

These tasks may include but not be limited to the following: providing financial analysis of existing borrowers/guarantors; completing portfolio reviews as assigned; completing recommendations for modifications; drafting simple modifications as requested; assisting with workout plans for trouble loans as necessary; reviewing loans for covenant compliance; reviewing construction draw requests, managing construction budgets, and performing site visits. The Credit Analyst will be assigned to manage loans within structured funds and will be responsible for reporting to the Fund manager.

The Credit Analyst will be tasked with producing financial analysis of both for‑and non‑profit sponsors and/or guarantors. As requested, the Credit Analyst will support the Loan Officers and Asset Managers by performing tasks including but not limited to a thorough due diligence review and evaluation of various aspects of loan underwriting and/or modifications such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports, and site inspections.

As needed, the Credit Analyst may be requested to participate in the loan closing process by reviewing loan documents and/or due diligence items required to close and/or modify loans.

From time to time, the Credit Analyst carries out other responsibilities as assigned such as assisting with data analysis for new programs and/or product initiatives, investor requests, capital funding applications, or other special requests as applicable.

• At a minimum 3 years of…