Associate, Multifamily Originations

Associate, Multifamily Originations page is loaded## Associate, Multifamily Originationslocations: NY - New York Citytime type: Full timeposted on: Posted 3 Days Agojob requisition id: JR100019Ready Capital is searching for experienced and driven professionals to expand our team and grow with our company. We offer a work environment that thrives on collaboration and a corporate culture of employees who are passionate and excited about what they do. Come work with us!**Job Title:** Associate, Multifamily Originations**Location:** New York City (Hybrid – 3 days on-site)**Job Summary:** Ready Capital Affordable Multi-Family is a dynamic and growing niche business dedicated exclusively to Affordable Housing Finance. With a team of 25 professionals, the firm has recently closed its own investor fund and currently services a loan portfolio of $4.3 billion. We are currently seeking an Associate, Originations, to join the Affordable Multifamily Originations team in our Midtown office. This role is an early-career to mid-career position designed to support senior originators and investment professionals across underwriting, transaction execution, and market analysis for affordable multifamily transactions, including tax-exempt bond and LIHTC financing. The ideal candidate is analytically strong, detail-oriented, and motivated to build a career in affordable housing finance with exposure to the full life cycle of originations and closings. **Key Responsibilities:** • Support originations team in sourcing, underwriting, and execution of affordable multifamily loan transactions. • Complete financial modeling and credit analysis for multifamily assets, including review of Loan-to-Value (LTV), Debt Service Coverage Ratio (DSCR), sources and uses, and cash flow projections. • Prepare and maintain underwriting materials, internal credit memos, and investment committee packages. • Prepare marketing and investor materials related to tax-exempt bond and LIHTC transactions. • Coordinate due diligence materials and support the closing process for bond and loan transactions. • Lead group calls to ensure loan closing deadlines are met. • Track transaction pipelines, maintain internal databases, and support reporting requirements. • Review legal documentation to ensure alignment with investor requirements and interests • Conduct market research on affordable housing trends, capital markets, and comparable transactions. • Travel nationally to attend industry conferences, participate in networking opportunities, and visit project properties. • Collaborate with internal teams, including capital markets, credit, legal, and servicing, as needed.**Qualifications:** • Bachelor’s degree in Finance, Accounting, or Real Estate. • Strong interest in affordable housing, multifamily finance, and real estate credit. • Solid analytical and quantitative skills with high attention to detail. • Strong written and verbal communication skills. • Strong problem-solving skills with the ability to quickly identify and deliver answers to ad hoc questions from clients. • Ability to manage multiple priorities and deadlines in a fast-paced environment. • Proficiency in Microsoft Excel and PowerPoint; experience with financial models preferred. Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings.Ready Capital offers a generous PTO policy and paid holidays, the terms of which are set forth in the program policies. All full-time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.**Physical Demands:** The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel and talk or hear. The employee is frequently required to stand and walk. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.Ready Capital is an equal opportunity employer (EOE)**Pay Range:**The annual full-time salary range for this role is: $95,000 - $110,000 Final compensation will be determined based on experience, qualifications, and performance. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, performance and approval.Working at Ready Capital is more than just a job. Our employees are passionate about their roles but equally excited about making a positive impact on others. They lend a helping hand to local communities, volunteer at charitable events, and celebrate cultural heritages. This commitment to doing good is a cornerstone of our corporate philosophy.At Ready Capital, we invest in our employees by offering learning and growth opportunities to help improve their knowledge and advance their careers. Professional development, management, and leadership courses are available quarterly in collaboration with our continuing education partners. We believe that nurturing talent is key to our success.We are committed to fostering a diverse and inclusive workplace because we know that our differences help us deliver the best results to all members of our ecosystem. #J-18808-Ljbffr Ready Capital Corporation