Redwood Trust
Originations Analyst
Redwood Trust, Los Angeles, California, United States, 90079
Job Summary:CoreVest American Finance (CAF) is the leading provider of debt financing for residential real estate investors. We provide construction loans, bridge loans, acquisition credit lines and long-term debt solutions for residential properties including scattered site single family, multifamily and build-for-rent collateral. The Originations Analyst will work with our team of Senior Originators to source and structure new loans, analyze financing transactions and work directly with current and new customers. This is an excellent opportunity to work in a fast-paced team environment and quickly develop both quantitative and customer facing skills, and expertise related to structuring commercial real estate transactions. This role is suited for candidates with foundational knowledge and up to two years of experience in finance, real estate analysis, or underwriting, making it an excellent opportunity for early-career professionals eager to grow their expertise in a dynamic environment.
Responsibilities & DutiesWork with Senior Originators and other deal team members to evaluate potential financing transactionsConduct initial underwriting (budget analysis, income and expense analysis, loan sizing and structuring) for a variety of loan products, including construction loans, bridge loans, credit lines and term loansAssist deal teams in underwriting activities as necessaryAssist in developing credit memos for loan committee approvalInteract with potential borrowers and brokers to source new bridge, term, fix and flip, and DSCR loansRespond to inbound customer inquiries and conduct outbound sourcing activitiesAttend conferences and in-market investor events to develop customer relationshipsPerform other related duties or special projects as necessaryExercise discretion and independent judgment to complete work assignmentRequired Experience & Skills
Bachelor's Degree1- 2 years experience in real estate, commercial lending, finance or a related fieldStrong quantitative and qualitative skill set and superior attention to detailAbility to multitask and perform in a fast-paced work environmentExcellent MS Excel, Word and PowerPoint skillsSome travel requiredDaily phone and/or in-person interaction with customers is required
A reasonable estimate of the base compensation range for this role is around $65 - $75K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.
Responsibilities & DutiesWork with Senior Originators and other deal team members to evaluate potential financing transactionsConduct initial underwriting (budget analysis, income and expense analysis, loan sizing and structuring) for a variety of loan products, including construction loans, bridge loans, credit lines and term loansAssist deal teams in underwriting activities as necessaryAssist in developing credit memos for loan committee approvalInteract with potential borrowers and brokers to source new bridge, term, fix and flip, and DSCR loansRespond to inbound customer inquiries and conduct outbound sourcing activitiesAttend conferences and in-market investor events to develop customer relationshipsPerform other related duties or special projects as necessaryExercise discretion and independent judgment to complete work assignmentRequired Experience & Skills
Bachelor's Degree1- 2 years experience in real estate, commercial lending, finance or a related fieldStrong quantitative and qualitative skill set and superior attention to detailAbility to multitask and perform in a fast-paced work environmentExcellent MS Excel, Word and PowerPoint skillsSome travel requiredDaily phone and/or in-person interaction with customers is required
A reasonable estimate of the base compensation range for this role is around $65 - $75K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.