Hiring: Vice President, Underwriting Company: CREA, LLC Location: Indianapolis, IN Job Posted Time: 2026-09-10 13:49:49 Target Skills & Keywords : Microsoft Excel, Microsoft Office, Portfolio Management, Risk Management About the job Required Skills: •In-Office | Tue – Thu; Flexible | Mon & Fri •Lead underwriting efforts for assigned LIHTC investment opportunities from initial screening through closing and funding. •Independently manage a portfolio of active transactions, balancing competing priorities and deadlines while ensuring timely underwriting, approvals, closings, and funding. •Evaluate financial models, development budgets, operating pro formas, historical performance, market conditions, market studies, third-party reports, and financing structures. •Perform detailed financial analysis, including debt sizing, break-even analysis, cash flow projections, sensitivity testing, and risk assessment. •Recommend appropriate rent and expense levels for proposed investments based on research and analysis. •Evaluate transaction feasibility, real estate conditions, development team experience, guarantor strength, developer and guarantor financial statements, real estate portfolios, and overall creditworthiness. •Perform credit and background checks on entities and individuals; escalate findings and support their resolution. Qualifications: •Bachelor's degree in Real Estate, Finance, Accounting, Economics, Business, or a related field. •Minimum of eight years of applicable experience in multifamily real estate, affordable housing, LIHTC syndication, commercial real estate lending, or real estate investment analysis, including demonstrated experience independently underwriting transactions and presenting recommendations to senior decision-makers. •Demonstrated ability to underwrite LIHTC or other complex multifamily real estate transactions with increasing independence. •In-depth knowledge of affordable housing finance, LIHTC regulations, multifamily development, construction lending, permanent financing, and partnership structures. •Advanced proficiency in Microsoft Excel and financial modeling, with proficiency in the Microsoft Office Suite. •Strong written and verbal communication skills, including the ability to explain complex analysis, facilitate consensus, and present recommendations to senior leadership and investment committees. •Excellent organizational and time-management skills, with the ability to manage a portfolio of transactions, competing priorities, resources, and deadlines simultaneously. •Highly motivated, proactive, self-directed, and willing to accept new responsibilities as CREA's business grows. •Strong analytical, relationship-management, problem-solving, critical-thinking, and decision-making abilities. •Approximately 10% travel required, including occasional overnight travel. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!