Associate, FHA Production Support

Purpose and Job Summary:

The Associate role supports various loan production and underwriting functions, including review of third-party reports, underwriting analysis, oversight of FHA Multifamily loan applications, document collection and transmittal, due diligence, and leading internal deal coordination processes. Works directly with Underwriters, Originators, clients, FHA, and vendors as necessary throughout the loan process.

Essential Duties and Responsibilities:

• Support FHA Multifamily Origination Screening to include, but not limited to:
  • Being well versed in the various Excel-based screening and underwriting models
  • Determining appropriate level of due diligence required to complete a thorough loan screening
  • Completing analysis to determine loan sizing and S&U that meet FHA programmatic requirements and are compliant with the applicable loan execution
• Assist Underwriters by providing daily oversight of FHA multifamily loan applications
• Be the primary lead for internal deal coordination to include, but not limited to:
  • Engagement and coordination of third-party reports
  • Creation and collection of due diligence needs list
  • Reviewing application due diligence for completeness and accuracy
  • Administrative transaction organization
  • Creation of complete and deficiency free application submissions to HUD
• Communicate clearly with borrowers, third party providers, Originators, Underwriters, FHA, and others to facilitate transaction flow
• Develop the knowledge and skills necessary to prepare FHA credit request presentations, including being well versed in Commercial Real Estate policies and procedures, FHA MAP Guide, relevant FHA documentation, and underwriting and processing guidelines
• Ensure work product adheres to Lument policies, processes, and procedures
• Attend trainings and courses in additional education as prescribed
• Work professionally and harmoniously with team and coworkers
• Position may require travel on a minimal basis
• Other projects and duties as assigned

Education, Skills and Experience:

Bachelor’s degree in business, finance, accounting, real estate, or related field required

• 2-3 years of full-time experience in real estate related financial analysis for a lending institution, brokerage firm, or investment firm preferred. Current or recent experience in FHA-insured lending prioritized.
• Proficiency in Microsoft Office with emphasis on Microsoft Excel
• Demonstration of a strong work ethic, ambition, teamwork, creativity, aptitude for accuracy and detail, and sound ethical conduct
• Flexibility and ability to work under pressure with tight deadlines, and to adjust priorities in a changing environment
• Excellent organizational, communication, presentation, and interpersonal skills
• Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities
• Ability to synthesize large amounts of information into clearly articulated credit and business recommendations both verbally and in writing
• Initiative and strong sense of personal motivation as well as responsibility

Annual base salary gross: $90,000 - $100,000 (NY only). The base salary range represents the estimated low and high end of ORIX’s salary for this position based on geography. Actual base salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, competencies and proficiency for the role. The base pay is one component of ORIX’s total compensation package for employees. Other rewards and benefits include cash bonuses, long term incentives, health insurance, accident and life insurance, and retirement benefits. Please visit our Benefits page for additional information.

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.