What are the responsibilities and job description for the Affordable Housing Analyst position at Pivotal Talent Search?
THE POSITION
The Analyst is responsible for a wide range of tasks/responsibilities, including but not limited to; Downloading and summarizing offering memorandums and related deal offering materials, including rent rolls, rent comparables, and historical income statements; third-party coordination, including third-party summarizing, organizing, and disseminating due diligence reports; responding to lender and investor due diligence requests and assisting with state, federal or other agency/lender submission packages and helping with construction funding procedures.
This position will work 100 percent in the office in NY, NY. This is not a remote position.
What You Can Expect to Do
Financial Analysis:
Provide support for financial analysis and underwriting of potential acquisition and
development opportunities utilizing Excel.
Construction Funding Process
Track capital expenditures and life of construction projects as it pertains to lender and
investor funding requirements. Use Excel and other platforms to maintain records and
reconcile sources & uses information required by lenders and investors. Manage
requests for documentation and coordinate with all parties involved in the funding
process.
Due Diligence Coordination / Transaction Execution
Assist in due diligence, coordination of 3rd party vendors, interfacing with lenders and
government agencies, preparation of closing statements etc. Assist in managing deal
trackers and due diligence platforms.
What You Should Have
- Strong Excel modeling and quantitative skills
- Excellent verbal and written communication, organizational, presentation and analytical skills
- Ability to take ownership and commitment to follow through
- Ability to effectively prioritize and handle multiple tasks under pressure
- Strong work ethic and attention to detail
- Desire to work in a fast-paced, entrepreneurial environment
- 1-3 years of relevant work experience in real estate financial analysis – previous employment at a principal real estate, real estate development, real estate investment or commercial banking firm preferred
- Previous accounting experience a plus
- Bachelor’s Degree – Finance, Accounting, Economics or Real Estate Concentration is a plus
- High Proficiency in Microsoft Excel required
What You Should Be
- “Making the call’: Strong problem solving, investigating, and critical judgment skills for all proposed scopes of work
- Strong understanding of budgets and reviewing financial statements
- Must be a proactive, detail-oriented person with excellent analytical skills
- Independent, self-starter mentality, with exceptional communication and organizational skills
- Eager to work in a fast-paced entrepreneurial environment
- Ambitious, desire to grow
- Highly accountable: able to take ownership, meet deadlines, follow-through
- Highly motivated self-starter and independent worker
- Proven ability to excel in a fast-paced environment with multiple projects and deadlines.
- Acknowledges and learns from mistakes and challenges
- Outstanding written and oral communications skills
- Able to work collaboratively in a small team environment; can “roll up his/her sleeves” and pitch in where necessary within the organization
- Ready to work in a fast-paced environment and be part of an amazing team doing valuable work
Salary : $80,000 - $90,000
