Financial Analyst, Underwriting

CREA LLC is a full-service low-income housing tax credit (LIHTC) syndicator forming long-term relationships with investors and developers that cultivate success and improve lives. With over 20 years in affordable housing CREA has raised $14.1 billion - resulting in the formation of 106K homes within 1122 communities across the country. Thanks to the contribution of over 130 employees CREA continues to look for talented and passionate individuals who are excited about opportunities to grow with us into the future. We are currently looking to add a talented Underwriting department in the CREA offices in Indianapolis IN.

Physical Presence: In-Office Tue Thu; Flexible Mon & Fri

Open to the following locations: Indianapolis IN.

Reports to: Vice President Underwriting

Position Summary:

CREA is seeking a Financial Analyst to provide analytical and operational support across its Underwriting team. This flexible role supports transaction underwriting financial analysis due diligence reporting data management and special projects related to Low-Income Housing Tax Credit (LIHTC) investments. It is an excellent opportunity to build a foundation in affordable housing real estate finance and underwriting.

Primary Responsibilities:

• Provide support across the Underwriting team based on transaction volume priorities and resource needs.
• Organize review and analyze underwriting and due diligence materials including pro formas market studies appraisals and engineering reports.
• Collect validate maintain and organize transaction data supporting documentation and underwriting files.
• Perform basic financial analysis and quality-control reviews using Microsoft Excel and company systems.
• Review and summarize income statements balance sheets cash flow statements and real estate owned schedules.
• Assist with underwriting memoranda investment summaries committee materials and presentation packages.
• Research developers guarantors markets financing sources and other transaction participants.
• Support assignment and milestone tracking information requests process improvements and other special projects.

• Bachelors degree in Finance Accounting Real Estate Economics Business Administration or a related field.
• Strong knowledge of Microsoft Office especially Excel and a basic understanding of financial statements and business fundamentals.
• Strong analytical organizational communication and problem-solving skills with close attention to detail.
• Ability to manage multiple assignments adapt to changing priorities meet deadlines and collaborate effectively.
• Curiosity initiative a strong work ethic and a desire to learn affordable housing finance and LIHTC underwriting.
• Candidate must have a valid drivers license; up to 10% travel may be required based on business needs.

Preferred:

• Up to 3 years of experience in one or more of the following areas: Underwriting Finance Accounting Banking Commercial real estate Mortgage lending Consulting and other analytical fields
• Exposure to the following areas is preferred but not required: Multifamily housing Affordable housing Lending or Financial Analysis.
• Advanced financial modeling experience is not required.

Core Competencies:

• Excellent attention to detail
• Effective written and oral communication skills to express complex issues or solutions
• Excellent analytical skills
• Proficiency with Microsoft Office Suite
• Possess confidence and initiative to succeed with minimal supervision
• Ability to work on multiple projects simultaneously while diligently managing priorities and resources to meet various deadlines
• Exhibit professionalism high ethics and a team philosophy in ones work.

Our Values:

• We work as a family investing in each other worthy causes and the communities we serve.
• We have integrity in all that we do; we embrace differences and treat others with kindness and respect.
• We believe that with teamwork we can accomplish anything and pursue inventive solutions for our clients.

Notice of AI Use in Job Application Review

As part of our commitment in creating a fair efficient and consistent hiring process we may use artificial intelligence (AI) to help our recruiting teams organize summarize and analyze information provided by candidates including resumes application responses and other materials submitted during the application process. AI may be used to identify patterns highlight relevant skills and experience and assist in comparing a candidates qualifications with the requirements of a specific role. These tools are to improve efficiency and consistency while supporting more informed hiring decisions which will ultimately be made by the hiring team.