Junior Development Underwriter Position Available In Lexington, South Carolina

Junior Development Underwriter State of South Carolina – 2.9 Lexington County, SC Job Details Full-time $38,985 – $72,134 a year 2 days ago Benefits Disability insurance Health insurance Dental insurance Tuition reimbursement Paid time off Vision insurance Employee discount Life insurance Qualifications Microsoft Excel Financial auditing LIHTC Finance Analysis skills Real Estate Accounting Associate’s degree Accounting Communication skills Entry level Under 1 year Full Job Description JOB Are you looking for a purpose-driven career, not just the same old 9 to 5? One that gives you a reason to come to work beyond just receiving a paycheck? Well, look no further! The SC Housing Finance and Development Authority (SC Housing) is actively searching for a Junior Development Underwriter for our Development Finance Division!

Why join SC Housing?

We know our employees work hard, so we work hard to encourage a culture that promotes work-life balance, well-being and employee engagement/recognition. We are a forward-thinking organization that is committed to changing lives by creating safe, decent, and affordable housing opportunities that fulfill dreams and inspire hope in our citizens. Our staff energizes the work that we do and helps find solutions that make a difference in the lives of others. If you want to be part of an organization that allows you to connect your passion for improving the lives of others to purpose, we invite you to join our team of housing champions! How will you fit in?

As a member of the Development Underwriting team, you will work under the supervision of the Development Finance Director. You will operate within the federal and state guidelines that regulate SC Housing’s Multifamily Development programs and utilize discretion and good judgment when performing feasibility analyses, determining funding awards, and solving technical issues.

What will you do?

SC Housing’s Multifamily Development Division administers a diverse portfolio of housing development programs across the state of South Carolina to include Low Income Housing Tax Credit (LIHTC), HOME, SC Housing Trust Fund (SCHTF), National Housing Trust Fund (NHTF), Small Rental Development Program (SRDP), SC Stay, and Multi-Family Tax Exempt Bonds programs.

In this position, you will: Perform underwriting and financial analysis reviews of multifamily housing proposals seeking assistanceDevelop and maintain underwriting spreadsheet models for financial analysis. Contribute to the development of underwriting guidelines utilized in evaluating multifamily rental applications.

EXAMPLE OF DUTIES

An associate’s degree in accounting, real estate, finance, economics, mathematics, or a related field of study and 6 months of full-time experience (to include internships) in accounting, auditing, finance, commercial loan underwriting, or a related field. •An equivalent combination of education and experience may be substituted to meet the agency minimum requirements. (i.e. 1 year of education = 1 year of related experience).

Additional Requirements:

Ability to perform financial underwriting analysis of complex rental developments and to use sound judgment in adapting to different circumstances. Ability to work independently and prioritize multiple tasks to meet established deadlines.

Must possess excellent verbal and written communication skills.

Ability to write letters and other business-related correspondence that are professional in appearance and content. Must possess intermediate level skill in MS Excel to include spreadsheet design/layout and formula creation. Must be able to lift and carry files, books, and reports weighing up to 20 lbs. Must be able to perform filing, desk work, and operate general office equipment. Must be able to sit or stand for prolonged or intermittent periods of time while sharing, gathering, or presenting information to other staff members or external parties. The employee must be able to perform these tasks with or without reasonable accommodations. SC Housing does not discriminate on the basis of race, color, national origin, religion, age (40+) disability, or sex (including pregnancy, childbirth, or related medical conditions, sexual orientation, or gender identity).

SUPPLEMENTAL INFORMATION

What makes us Different?

We are a state governmental agency but one unlike you’ve encountered before. We operate much more like a private sector business. We are a self-sustaining operation that offers rental and homeownership products and services. As a result, we face many of the same regulatory, market, and financial hurdles of private sector financial institutions. Our clear advantage to employees is that we offer challenging and meaningful work, as well as excellent state government benefits.

Our Benefits Package:

SC Housing offers an exceptional benefits package that includes: Telecommuting optionsAccrued Paid Time Off (15 days annual/vacation leave per year and 15 days sick leave per year)13 paid holidaysPEBA Health, dental, vision, long term disability, and life insurance for employees, spouses, and childrenPEBA PerksFree Telehealth Visitsfor State Health Plan membersFree Health Coaching for State Health Plan membersState Retirement PlanDeferred Compensation Programs 401k and 457 plansMoneyPlus(tax-favored accounts program) Employee Assistance ProgramEmployee Discount Programs (PerksCard, TicketsatWork, and WeSave)Casual Fridays Tuition Reimbursement Program (after 6 months of employment) And much, much more!

Location, Location, Location:

The Palmetto State offers something for everyone. Located in the Midlands, Columbia is both the state capital and South Carolina’s second-largest city. It is just a short commute to the state’s beautiful beaches and gorgeous mountains. Sunny summers and mild winters allow residents to experience the outdoors year-round, a plus considering that Lake Murray is just minutes away. Great universities and colleges, minimal commute times and friendly people make South Carolina the ideal place to build your future.