Credit Officer – Construction Loans (Residential Development)

Overview

Credit Officer – Construction Loans (Residential Development)

A rapidly growing private real estate lender is hiring a Credit Officer to join their team. With $3B in loans funded, they continue to expand their footprint in residential lending.

Responsibilities

• Deal Vetting: Underwrite bridge and construction loans end-to-end, confirm inputs, and keep the file buttoned-up for audit.
• Borrower & Project Diagnostics: Dig into financials, credit profile, budgets, comps, and assumptions to gauge ability to execute and repay.
• Exposure Mapping & Mitigation: Pinpoint market, build, timeline, and exit risks; shape terms (reserves, covenants, collateral) to offset them.
• Committee Briefings: Produce tight decision memos and risk snapshots; present and shepherd packages through leadership/credit review.
• Controls & Requirements: Keep every deal aligned with internal credit frameworks, investor parameters, and applicable lending rules.
• Partner Interface: Serve as the go-to between loan officers, borrowers, brokers, and internal teams to keep diligence unblocked.
• C-Suite Initiatives: Support the Chief Credit Officer on ad-hoc analyses, portfolio looks, and priority special assignments.

Qualifications

• 2+ years of mortgage/banking experience and/or related industry experience in construction, real estate and/or private equity.
• Bachelor’s degree in Finance, Real Estate, Business, or related field.
• Solid understanding of income property analysis and loan structuring.
• Proficiency in Excel and familiarity with loan origination software.
• Ability to work independently and thrive in a collaborative, fast-paced environment.

Benefits

• Employee home loan program
• 401k with a 3% match

Compensation

Compensation: $95k-$115k + bonus