VP - Product Originations Affordable Housing

Berkadia; United States; Remote; USD 80,000 - 150,000; Full time

Job summary

Join a forward-thinking company as a VP of Product Originations in Affordable Housing, where you will lead deal activities and collaborate with a dynamic production network. This role is crucial in managing multi-billion-dollar lending platforms, ensuring compliance with GSE programs, and driving high-quality loan transactions. Your expertise in financial analysis and customer service will help shape the future of commercial real estate. With a commitment to excellence, you'll enjoy a supportive environment that values your contributions and offers extensive benefits, including paid parental leave and volunteer opportunities.

Benefits

Monthly paid volunteer hours

Donation matching

Fertility and family planning services

Fully paid parental leave

Mental health care

Tuition reimbursement

Pet insurance discounts

Qualifications

• 7-10 years of experience in a similar role required.
• Strong understanding of loan transactions and capital stacks.
• Ability to work under tight deadlines in a team environment.

Responsibilities

• Manage deal activity and ensure high-quality deal flow.
• Educate production network on GSE requirements and loan products.
• Coordinate with analysts and underwriters for transaction processing.

Skills

Financial Analysis

Risk Mitigation

Customer Service

Project Management

Verbal Communication

Written Communication

Attention to Detail

Multitasking

Education

Bachelor's Degree

Job description

Are you looking for the opportunity to make an impact?

Berkadia’s mortgage banking platform is consistently ranked among Fannie Mae, Freddie Mac and HUD’s top lenders and is seamlessly integrated with our investment sales and servicing platforms to provide superior client service. Let the strongest research, technology, capital relationships, and a nationwide network of industry professionals propel you to the next stage of your commercial real estate career. Be Backed by the Best. Be Berkadia.

The VP – Product Originations, Affordable Housing will manage deal activity with Berkadia’s production network and ensure that our interactions with applicable lending agencies are coordinated, consistent and of the highest possible integrity and quality. Affordable Housing plays a critical role at Berkadia supporting multi-billion-dollar lending platforms. The VP Product Originations, Affordable Housing will help analyze proposed transactions, prepare formal recommendations, and assist in the closing and delivery of approved loans to necessary constituents. The role requires the specific knowledge of current GSE housing debt products, and the ability to actively apply that knowledge in the execution of assigned responsibilities. This includes analyzing proposed transactions, prepare formal recommendations, review of preliminary quotes, application issuance and GSE program compliance. The ideal candidate will develop and grow a healthy pipeline of high-quality loan transactions, sourced through Berkadia’s internal production network.

We Innovate to shape the future of CRE, so in this role you will:

• Act as a Berkadia subject matter expert and product specialist on affordable loan products.
• Educate Berkadia’s production network on GSE requirements and loan products available to support this sector.
• Work collaboratively with the production network to market the various loan products to their borrower clients.
• Provide initial review of deal opportunities and provide recommendations on best course of action and product execution.
• Act as a deal liaison and assist in the negotiation and structuring of loan transactions; negotiate deal terms and any needed waivers with lending agencies, as applicable.
• Manage the process to ensure high-quality deal flow, through to the point of loan application and hand-off to underwriting.
• Coordinate with analysts, processors, underwriters, and closers to provide efficient and streamlined processing of transactions, through end delivery to the applicable lending agency.
• Provide GSE housing program training and mentoring internally to analysts, GPO and other team members as needed.
• Remain current on GSE housing programs, policies, and legislation, including participation in regular training with Freddie Mac, Fannie Mae and other housing funding providers.
• Participate in process improvements and technological initiatives that facilitate smooth deal execution, as needed.
• Travel required as needed, 10-20%
• Other duties as assigned.

We Stand for Excellence, so to achieve success in this role you should have:

• Detailed knowledge of deal structures and capital stacks specific to loan transactions.
• Strong customer service skills.
• Proficient in financial analysis and risk mitigation.
• Ability to work with tight deadlines in a team environment.
• Ability to multitask, manage a pipeline of business, and stay organized.
• Possess a strong attention to detail.
• Demonstrate excellent verbal and written communication skills.
• Bachelor’s degree or equivalent.
• Seven to ten years prior experience in a similar position.
• Exceptional credit sense, judgment and decision-making skills, with demonstrable technical skills in underwriting, structuring, and closing complex multifamily deals.
• Strong project management skills, excellent accuracy and attention to details, and an ability to adjust to industry changes.
• Ability to travel for internal meetings, GSE training, industry and company conferences, training of analysts as required.

We believe People Matter, so we offer benefits that go beyond:

• Monthly paid volunteer hours and donation matching to benefit our communities
• Employee Resource Groups that help you grow with us
• Fertility and family planning services
• Up to 12-weeks of fully paid parental leave
• Mental health care, including free counseling sessions:
• We'll help you fund your learning journey with generous tuition reimbursement
• Pet insurance discounts
• And more!

Be the Next Big Thing. Be Berkadia.

#LI-HF1 #LI-REMOTE

Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.

In keeping with our commitment, Berkadia takes the necessarysteps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities.If you require reasonable accommodation to take part in the interview process, please contact [e-mail].

You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledgingBerkadia's Application PolicyandBerkadia's Privacy Policy. Please click the following links for more information about:EEOC,Employee Rights under the FMLA,EPPA.