Senior Credit Officer - Multifamily

Description

The Senior Credit Officer plays a key role in assessing new multifamily lending opportunities, ensuring that Lima One Capital maintains strong credit quality while adhering to established policies and procedures. They will conduct thorough evaluations to determine a borrower's creditworthiness, analyzing both the financial standing of the borrower as well as assessing the viability of the underlying project serving as collateral. Additionally, the Senior Credit Officer is responsible for overseeing multiple underwriting tasks at once, including direct interactions with borrowers, preparing credit memorandums, performing market analysis, and managing various pipeline activities. 

Responsibilities:

• Assess and underwrite multifamily property, ensuring market viability and risk mitigation strategies
• Evaluate borrower risk, including business strategy, experience, and real estate investments
• Prepare and present credit memorandums detailing lending opportunities, risks, mitigating factors, and financial analyses
• Conduct credit assessments, market analyses, and real estate appraisal reviews
• Collaborate with Loan Officers, Relationship Managers, and various Genesis departments to ensure thorough due diligence
• Analyze legal documentation related to borrower structure, compliance (AML/KYC), and loan agreements
• Leverage underwriting expertise to interpret data, assess risks, and make informed decisions
• Synthesize information from multiple sources to conduct analysis and provide clear recommendations
• Manage competing priorities efficiently in a fast-paced environment while meeting deadlines
• Identify and escalate potential credit issues to management
• Demonstrate strong interpersonal, negotiation, presentation, and communication skills
• Perform additional responsibilities as assigned by management

Requirements

• Bachelor’s degree preferred
• 7+ years in private real estate lending in underwriting, credit analysis or related experience (specific to multifamily properties)
• Expertise in real estate lending, loan structuring, and underwriting policies
• Strong knowledge of credit and financial analysis, including cash flow, balance sheet, tax returns, and real estate valuation
• Proficiency in financial modeling, pro-forma statements, and NOI/DSCR analysis
• Advanced skills in Excel, Word, PowerPoint, and database applications for pipeline management
• Construction lending experience is a plus

What We Offer:

• Industry Leading Benefits: 
• Medical, Dental and Vision Insurance 
• Life Insurance, Short-Term Disability, and Long-Term Disability
• Hospitalization and Accidental Insurance
• Flexible Spending Accounts – Health and Dependent Care
• Health Savings Account
• Safe Harbor 401K with company match
• Growing Families Support (including paid parental leave, infertility support and assistance, childcare reimbursement, and elder care)
• Pet Insurance
• Work Life Balance: 12 paid time off days and 5 sick days, in addition to 12 paid holidays – that’s about a month of time to rest, relax, and recharge every year.
• Career Development: We prioritize the growth and success of our team members. You'll benefit from continuous learning opportunities, dedicated mentorship, and the chance to refine your skills and advance your career.
• New Headquarters: Join us in our brand new, thoughtfully designed office in the heart of Downtown Greenville (parking is paid for!)

Why Lima One?

At Lima One Capital we’re relentlessly focused on a simple but powerful goal: to be the nation’s premier lender for real estate investors. Inspired by that vision, every member of our team is driven by our mission to create opportunities for our customers and employees by educating, empowering, and financing real estate investors who are building, improving, and stabilizing their neighborhoods and communities nationwide.

• Loans Funded: $10+ billion in loans funded, 30k loans closed since 2010
• Geography: 46 states + D.C. where we revitalize neighborhoods
• Employees: ~300 employees with competitive benefits and perks
• Stability: Backed by the immense resources of MFA Financial, a publicly traded mortgage REIT with 25 years of proven success 
• Veteran Founded: Founded by 2 US Marine Corps veterans, we proudly approach every deal and decision with grit, determination, boldness, and integrity 

Recognized by the Inc.5000 as one of America’s fastest growing companies, Lima One specializes in providing real estate investors with financing for their rental, fix-and-flip, and new construction projects. The company