Senior Credit Analyst

Easystreetcap; Austin (TX); On-site; USD 55,000 - 70,000; Full time

Benefits offered by this job

Company-sponsored health insurance

Company-paid life insurance

Company-sponsored 401(k)

Paid vacation time

Paid sick leave

Job summary

Easy Street Capital in Austin, Texas, is looking for a highly organized Real Estate Analyst to assist in due diligence related to mortgage loans. The position involves working closely with mortgage brokers and investors while maintaining a fast-paced and efficient workflow.

The ideal candidate possesses strong communication and organizational skills and can handle multiple tasks effectively. Benefits include company-sponsored health and life insurance, a 401(k), vacation, and sick leave.

Qualifications

• Recent graduates or 1-2 years of experience in real estate or finance are welcome.
• Strong organizational skills and ability to handle multiple tasks are required.
• Basic proficiency in Microsoft Excel is necessary.

Responsibilities

• Perform loan origination due diligence with investors and mortgage brokers.
• Collect documents and provide status updates on loans.
• Maintain deal checklists and communicate effectively with stakeholders.

Skills

Strong communication skills

Organization

Detail-oriented

Basic proficiency in Microsoft Excel

Education

Education in real estate, finance or business

1-2 years experience in related fields

Job description

Easy Street Capital is looking for a highly organized and driven individual to assist the premier private lender in Texas. EasyRent offers "DSCR" loans to real estate investors nationally for residential and mixed-use properties up to ten units. You’ll get to work with a fun, fast-paced team in a vibrant downtown office.

The Real Estate Analyst role focuses on performing all aspects of due diligence related to the origination of mortgage loans (valuation, tenant/lease, insurance, borrower credit, etc.) and includes direct interaction with investors and mortgage brokers. The role also requires high levels of communication between teammates and a multitude of external parties. You will serve as the "hub" of up to 30 individual deals at one time, performing the analysis and diligence, and keeping everyone up-to-date and organized with the goal of closing loans. Knowledge and experience with real estate and finance is preferred but not required; the role serves as a perfect "bootcamp" for learning everything about investment real-estate finance and launching a successful career.

Responsibilities

• Work with investors and mortgage brokers to perform loan origination due diligence, collecting documents, solving problems and providing status updates.
• Perform due diligence and processing of mortgage loans, including property cash flows, rent roll analysis, reviewing leases or short-term rental operating histories, reviewing insurance, and conducting full credit and background reviews.
• Write up loan summaries in Asset Summary Reports, providing analysis and commentary on mortgage loans, properties and markets and investor background.
• Work with and develop relationships with key vendors such as appraisal management companies and appraisers, appraisal reviewers, insurance agents and title companies.
• Manage a pipeline of 25-30 deals by maintaining deal checklists, statuses and files organized and up to date, and providing professional and frequent communication to all stakeholders.
• Build relationships with loan originators and investor clients and assist with deal sourcing and new business for the firm.
• Attend local networking and skill-development events to build network and knowledge base; possibly attend and assist with conferences and other industry events.

Qualifications

• Recent graduates or 1-2 years of experience with related education or experience in areas of real estate, business analyst, financial analyst or credit analyst roles or consulting, advisory or public accounting roles—all are pluses but not required.
• 2-3 years experience and a solid track record in any of the prior eligible for a Senior Credit Analyst role with commensurate compensation and similar responsibilities with quicker path towards growth and promotion.
• Very strong communicator.
• Very strong organization skills.
• Detail-oriented.
• Positive attitude / Ability to take feedback.
• Ability to handle multiple tasks and duties simultaneously.
• Comfortable with on-the-job training in a very fast-paced and non-repetitive environment.
• Basic proficiency in Microsoft Excel, Outlook, Word.
• Education/experience in real estate, finance or business preferred but not necessary.
• Location in or relocation to Austin, Texas required.

Benefits

• Company-sponsored health insurance.
• Company-paid life insurance.
• Company-sponsored 401(k).
• Paid vacation time.
• Paid sick leave.

We are looking for the right team member to join our team. If you feel you are that person, please apply!