Job Details

Compensation Range: $140,000 – $160,000

Senior Director of Strategic Investments

Role Description

LACAHSA is seeking a Senior Director of Strategic Investments to support the Strategic Investments team.The Senior Director will be responsible for leading and overseeing all aspects of capital deployment activities including underwriting functions.In this position, you will play a crucial role in analyzing real estate investments and providing valuable insights to support the Strategic Investments team.This role requires strong relationship management skills, deep understanding of credit and credit analysis and operational efficiency.The successful candidate will be a strategic thinker with strong leadership and analytical skills and be detail oriented.Reporting to the Managing Director, Strategic Investments, this position will play a key role in advancing LACAHSA's mission to make housing more affordable, help people stay in their homes, and increase housing options for people experiencing homelessness.

Responsibilities

• Underwriting oversight, ensuring that loans are approved in accordance with established policies and procedures.
• Lead the credit and investment review and approval process throughout the deal lifecycle with an enterprise mindset collaborating broadly with internal and external partners to ensure well-managed processes and the highest level of impact.
• Lead and mentor credit analysts and closing coordinators, providing guidance and support to help drive performance.
• Evaluate real estate projects, sponsor's creditworthiness and assess risk associated with capital deployment activities.
• Prepare and analyze credit-related financial reports, providing insights to senior management.
• In coordination with Financial Analyst, evaluate financial performance of multifamily real estate assets, preparation of comprehensive written analyses, analyzing credit quality and assisting in preparing and presenting credit requests for credit approval.
• Utilize financial acumen to interpret and present data effectively

Experience

The ideal candidate must possess the following skills:

• Bachelor's degree in economics, accounting and/or finance
• Proven leadership capabilities with experience managing teams and fostering a collaborative work environment.
• Strong understanding of lending practices, credit risk assessment and community development finance
• Excellent and proactive verbal and written communication skills.
• 7+ years of on-the-job experience evaluating and underwriting multifamily affordable housing.
• Evolve to meet new and emerging opportunities and challenges, including enabling a try/test/learn team culture.
• Ability to collect, synthesize and analyze data for informed decision making.
• Stay informed and demonstrate subject matter expertise, including attending and participating in industry workshops and conferences.

Joining our team offers an exciting opportunity to work in a dynamic environment where your leadership skills will be valued and further developed.

Benefits

Our approach to benefits is designed to help you and your family boost your health, protect your financial security and give you peace of mind.Our benefits include the following:

• Great PPO health insurance options, and we will cover 100% of your premiums for Medical, Dental & Vision.
• Life and AD&D insurance coverage.
• Employee Assistance Program (EAP)
• Dollar-for-dollar retirement plan matching contributions up to 5% of your salary, with a 6-month vesting period.
• Generous paid time-off, including 13 holidays, two weeks of sick leave, and two weeks of vacation for new full-time employees in their first year.

LACAHSA is an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, ancestry, physical disability, mental disability, mental condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, or any other basis protected by law.

The provisions of this job announcement do not constitute a contract, expressed or implied, and any provision contained in this job announcement may be modified or revoked without notice.