Due Diligence Analyst

*A unique professional opportunity for someone with business, lending, title, or real estate experience (or a combination thereof).*

*This is an in-person position only - applicants must be able to commute to our Lancaster, PA office.*

*For full consideration, please submit a Resume and Cover Letter. Thank you.*

JOB DESCRIPTION

Job Title: Due Diligence Analyst

Job Status: Full Time Department/Division: Loan Division
FLSA Status: Exempt, Salaried Reports To: Due Diligence Supervisor
Job Class: DDA Positions Supervised: None
Location: Lancaster, PA Office Travel Required: Occasional

JOB SUMMARY: The Due Diligence Analyst provides the essential research function to underwrite the acquisition of loans; including loan document analysis, asset valuation, workout modeling, and risk identification.

ESSENTIAL DUTIES AND RESPONSIBILITIES
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

• Perform analysis on loan relationships being considered for acquisition.
• Thoroughly review borrower loan files to understand all relevant facets of a borrower’s obligation to the lender.
• Evaluate commercial and residential real estate to determine as-is value and stabilized value.
• Conduct phone calls with real estate Brokers to gain knowledge of local market conditions and nuanced pricing and property information.
• Review collateral title reports to identify and understand ownership structure, lien priority, and additional creditors.
• Evaluate borrower financial documents, including tax returns and personal financial statements, to project future financial outcomes.
• Determine likely workout scenario, with financial modeling, and propose resolution strategies for supervisor review and approval.
• Propose loan level acquisition pricing for management review.
• Write overview descriptions to support scenario modeling and acquisition proposals.
• Collaborate with Loan Workout and Loan Servicing teams to integrate new acquisitions to The Noble Group’s operating system.
• Assist Due Diligence Supervisor in evaluating new loan offerings.
• All other duties as assigned by the Due Diligence Supervisor.

REQUIRED SKILLS AND ABILITIES

• Is detail-oriented and can perform duties with a high degree of accuracy.
• Has a high degree of integrity and the ability to work with sensitive information.
• Is able to work with others in a positive, professional manner.
• Has time management skills to prioritize responsibilities and meet deadlines.
• Possesses computer skills to work with various software, including but not limited to: Microsoft Outlook, Excel, and Word.
• Ability to conduct competent due diligence analysis, including loan document review, real estate valuation, and title research.

REQUIRED EDUCATION AND EXPERIENCE

• BS in Finance, Business Administration, Accounting or related field.
• At least 2 years experience in loan underwriting preferred.
• Valid PA driver’s license required.
• Loan workout experience preferred.

PHYSICAL REQUIREMENTS AND WORK ENVIRONMENT

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.
• The duties of this job take place in a typical office environment; the noise level in the work environment is usually quiet to moderate; there is the presence of office equipment noise.

About Us

Founded in 1992, The Noble Group, LLC represents a number of affiliated, privately-held investment and operating companies. As a group, the affiliated companies are focused on three core competencies: 1) the acquisition, renovation, and sale of residential properties, primarily in the Middle Atlantic region of the United States; 2) the nationwide acquisition of real estate-secured performing and non-performing mortgage loans; and 3) private lending for commercial loans secured by real estate. The Noble Group manages over $150 Million of capital invested in real estate and mortgages throughout the United States, and underwrites thousands of investment opportunities annually to fuel the selective capital allocation goals for each of the affiliated companies. These efforts ultimately revitalize neighborhoods, provide new homes for families, and help borrowers and investors accomplish their goals.

https://www.nobleweb.com/

Why Work for Us?

• We offer a small business office environment with large impact potential
• We provide various opportunities for professional development and growth
• We value employees as people and encourage a healthy work-life balance
• We have a team that is driven to pursue excellence in their work
• We celebrate hard work while having fun in the process
• We offer discretionary annual bonuses

The Noble Group is committed to equal employment opportunity. We will not discriminate against employees or applicants for employment on any legally-recognized basis [“protected class”] including, but not limited to: race; color; religion; genetic information; national origin; sex; pregnancy, childbirth, or related medical conditions; age; disability; citizenship status; uniform service member status; or any other protected class under federal, state, or local law.

Applicants have rights under Federal Employment Laws:

https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf

https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf

Job Type: Full-time

Pay: $50,000.00 - $85,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental Pay:

• Bonus opportunities

Application Question(s):

• Are you currently under any active non-compete agreements?
• Are you able to perform the essential duties of this position (with or without reasonable accommodation), as stated on the job description?

Experience:

• loan underwriting: 2 years (Preferred)

Ability to Commute:

• Lancaster, PA 17601 (Required)

Work Location: In person

Salary : $50,000 - $85,000