Origination Support Analyst

Firm: MUFG Union Bank
Location:
Walnut Creek, CA

Payment: Paid
Start Date: Feb 15, 2015
Category: Housing
Contact: Diane Bradley
Patricia.Bradley@unionbank.com
678-405-1666
Posted: Jan 9, 2015

Origination Support Analyst

Join a financial group that’s as committed to your future as you are. At MUFG Union Bank, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Union Bank’s Community Development Finance team is a leader in affordable housing finance in California and the Pacific Northwest.

As a member of a dedicated origination support team, the origination support analyst will work closely with sales teams to bring loans and/or investments through the originations pipeline to credit approval and close. Underwrite and analyze due diligence in connection with the financing of affordable housing. Scope of work will include underwriting construction and permanent loans, tax-exempt bonds, and Low Income Housing Tax Credit investments. Additional focus on sponsor analysis and risk management reporting.

Major Responsibilities:
• Underwrites financing
• Underwrites financing structure of prospective loans and investments.
• Collect and analyze project-level due diligence, including loan documentation, partnership agreements, appraisals, market studies, title abstracts, construction budgets, etc.
• Evaluate applicant's financial strength and capacity, organizational capabilities, and other background information.
• Assimilate underwriting, due diligence, and sponsor analysis into collateral materials for internal Credit Committee presentations.
• Prepare annual reviews of customer's financial performance, as well as that of individual loans and investments.
• Assist team leader on special projects, such as global portfolio reporting and preparation for regulatory exams.
• Maintain high ethical standards and sound lending and investing practices.

Additional Requirements:
Typically requires 2+ years Real Estate industry experience.
• Bachelor’s degree required, advanced degree is desired.
• Requires excellent interpersonal skills.
• Strong knowledge of accounting and comfort analyzing financial statements.
• Understanding of underwriting for commercial credit.
• Effective verbal and written communications skills.
• Successful completion of a major banks credit training program a plus.

Apply online at https://careers.mufg-americas.com/search and search for position # 10001223-WD.