Production Analyst

Redwood Trust, Inc.; New York (NY); On-site; USD 71,000 - 81,000; Full time

Benefits offered by this job

Bonus program

Health plans

STD/LTD options

Life insurance

Fitness reimbursement

Paid parental leave

Volunteer time

Paid Time off

ESPP

401K matching

Job summary

CoreVest Finance is seeking an entry-level Production Analyst to assist with underwriting and structuring a variety of loan products, including construction and bridge loans. You will work with Relationship Managers to source deals, analyze financing transactions, and interact with borrowers and brokers in a fast-paced environment.

Ideal candidates are recent graduates with strong quantitative/qualitative skills, attention to detail, and proficiency in MS Excel, Word, and PowerPoint.

Qualifications

• 0-1 years of experience; recent college graduates encouraged
• Strong quantitative and qualitative skill set with excellent attention to detail
• Experience in real estate, commercial lending, or related field preferred
• Proficient with MS Excel, Word and PowerPoint

Responsibilities

• Evaluate potential financing transactions with deal team members
• Conduct underwriting activities, including budget, income/expense, loan sizing and structuring
• Develop credit memos for loan committee approval
• Source borrowers and brokers for bridge, term, and DSCR loans; respond to inquiries and outbound sourcing
• Attend investor events to build customer relationships; perform other duties as needed

Skills

Excel

PowerPoint

Word

Attention to detail

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Production Analyst

*Regular Full-Time Analyst Los Angeles, CA, US

2 days ago Requisition ID: 1631

Position Summary

CoreVest Finance is the leading provider of debt financing for residential real estate investors.

We provide construction loans, bridge loans, acquisition credit lines and long-term debt solutions for residential properties across multiple asset classes. The Originations Analyst will work with our team of Relationship Managers to source and structure new loans, analyze financing transactions and work directly with current and new customers. This is an excellent opportunity to work in a fast-paced team environment and quickly build both quantitative and customer-facing skills, expertise related to structuring commercial loans and work closely with senior CoreVest executives.

Responsibilities & Duties

• Work with Relationship Managers and other deal team members to evaluate potential financing transactions.
  • Conduct initial underwriting (budget analysis, income and expense analysis, loan sizing and structuring) for a variety of loan products, including but not limited to construction loans, bridge loans, credit lines, DSCR loans and term loans.
  • Assist deal teams in underwriting activities as necessary.
  • Assist in developing credit memos for loan committee approval.
  • Interact with potential borrowers and brokers to source new bridge, term, fix and flip, and DSCR loans.
  • Respond to inbound customer inquiries and conduct outbound sourcing activities.
  • Attend conferences and in-market investor events to develop customer relationships.
  • Perform other related duties or special projects as necessary.
  • Exercise discretion and independent judgment to complete work assignment.
• (0-1 years, this is entry level and targeting recent college graduates and those new to the workforce). Ideally, some experience in real estate, commercial lending, finance or a related field
• Strong quantitative and qualitative skill set and superior attention to detail
• Ability to multitask and perform in a fast-paced work environment
• Excellent MS Excel, Word and PowerPoint skills
• Some travel required (Quarterly)
• Daily phone and/or in-person interaction with customers

A reasonable estimate of the base compensation range for this role is $71,000-$81,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors.

CoreVest also offers a competitive benefit package including:

• discretionary corporate bonus program
• multiple health plans
• STD and LTD options
• company sponsored life insurance
• fitness reimbursement
• paid parental leave
• time to volunteer
• Paid Time off
• ESPP
• and 401K matching

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.