Commercial Credit Underwriter

High Impact Financial Analysis is a Certified B Corp® that provides underwriting, portfolio management, and data analytics services to mission-driven lenders and investors. We have an exciting full-time, remote or in-office opportunity available for a Commercial Credit Underwriter (“Underwriter”) in community development finance. The position may be a senior level or non-senior level position depending upon the candidate's experience and expertise. This is not a residential mortgage or insurance underwriting position. The Underwriter will enjoy significant variety in the types of loans and clients that they interact with. Projects that the Underwriter leads or oversees will include complex transactions that require a strong ability to balance credit risk with mission. The ideal candidate is passionate about creating positive social impact through a career in community development lending and impact investing and has at least 2 years of experience underwriting commercial loans for multifamily housing projects, solar or other green energy projects, businesses, charter schools, commercial real estate, or other community assets. Candidates with more experience may be considered for the Senior Underwriter, rather than Underwriter, position. High Impact clients include Community Development Financial Institutions (“CDFIs”), philanthropic foundations, government entities, and green banks located across the U.S. Our staff is unified behind the core values that influence all aspects of our operations: empathy and support, everyone has a seat at the table, being solutions-oriented, and believing in social impact. To be considered for this position, applicants will have: Technical Skills Underwriting Skills: Ability to analyze project and financial sponsor risk, synthesizing information to produce clear, accurate, and well-organized credit memos and supporting Excel analysis. Time Management Skills: Successfully manages two to four deals at a time with completion ranging from three weeks up to six weeks depending on the complexity and scope of work. Work may be completed independently or in partnership with other staff. Project Management Skills: Ability to prioritize effectively, collaborate with other staff to improve efficiency, and manage deadlines and workflow. Soft Skills High degree of empathy in interpersonal relations and effective at supporting junior staff. Effective at participating in and fostering an environment of inclusion and transparency. Strong commitment to using professional skills to create positive social impact. Solutions-oriented approach to day-to-day work and internal and external operations. Very strong written and oral communication skills and excellent attention to detail. Good self-awareness and ability to show humility and willingness to learn. Education and Training Bachelor’s degree in accounting or finance, or a business degree with a concentration in finance, or a combination of other education with relevant professional experience. Salary and Benefits This position’s salary ranges from $80,000 - $115,000, dependent on experience, with the upper end of the range requiring CDFI-specific experience in relevant asset classes. The Underwriter range will generally span from $80,000 to $95,000, while the Senior Underwriter range will generally span from $95,000 to $115,000. Benefits include a 401(k) with a 5% match; paid time off; profit share; and a company contribution to health insurance through an HRA. We offer 10 standard holidays and 18 PTO days (with more based on years with the firm), and every first Friday of the month is a company holiday as well—we want our staff to be able to strike a good work-life balance as we work hard to support our mission of community development. Location and Travel The position may work out of our Albany, NY office or may work fully remotely or hybrid. We currently have 5 hybrid staff and 5 fully remote staff. Travel may be required for this position 1-3 times per year. Our Culture High Impact is a flexible, dynamic, and participative organization that lives its four core values of social impact, giving everyone a seat at the table, being solutions-oriented, and offering empathy and support. High Impact recognizes the importance of autonomy and flexibility, and supports these values by holding no internal meetings on Fridays to allow time for deep work, having a clear communication policy that preserves non-working hours, offering flexibility in work schedules, and providing opportunities for profit sharing, regular training, and ongoing opportunities to grow within the firm. High Impact’s work environment provides broader and more invigorating opportunities than working within traditional lending institutions because of the diverse types of lending and markets its clients serve across multiple states, the consultative nature of the relationship with clients founded on trust and industry-specific expertise, and opportunities to provide input that helps improve clients’ internal operations. In addition, High Impact’s staff size of 10-15 provides employees with a unique opportunity to influence the future of the organization. High Impact recognizes that it is essential to provide equal opportunities to all persons without discrimination. High Impact will not discriminate on the basis of sex or gender identity, race, marital status, age, national origin, physical or mental disability, sexual orientation or religion in the allocation of duties between employees employed at any level with comparable job descriptions. High Impact will put in place any reasonable measures and/or accommodations within the workplace for those employees who become disabled during employment or for disabled appointees. All employees will be considered solely on their merits for career development and promotion with equal opportunities for all. All employees are encouraged to act fairly and proactively to prevent discrimination on the grounds of sex or gender identity, race, marital status, age, national origin, physical or mental disability, sexual orientation or religion. #J-18808-Ljbffr