Senior Underwriter

 Posted 16 hours ago
     
 $160K - $170K per year
  
10+ years experience
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AI Summary

Oversee financial analysis and underwriting for real estate development transactions, including risk assessment and the application of tax credit regulations. Manage a team of underwriters and serve as the principal financial liaison for funding sources during the development phase.

Care with Heart. Work with Purpose.

Volunteers of America National Services (VOANS) is seeking a Senior Underwriter. This is a (remote, or on-site) role.

This is more than a job!  It’s an opportunity to lead financial operations within a mission-driven healthcare organization. In this role, you will Oversee and manage financial analysis for facilities development; technical assistance in the application of tax credit regulations; to assist in the transition of development to management; to ensure adequate cash flow for development; to serve as principal financial liaison with funding and reporting sources during the
development phase. Supervise staff of two (2) Underwriters.

Volunteers of America National Services is a subsidiary of the Volunteers of America parent organization. Proudly Great Place to Work® Certified for 8 consecutive years.

Location: This position can be either fully remote or located at the Alexandria, VA office (1660 Duke Street Alexandria, VA 22314)


Schedule: Monday-Friday (8:00 AM-5:00 PM)


Pay Range: $160,000-$170,000

 

Why You’ll Love It Here

  • Opportunity to shape strategy and drive organization-wide impact
  • Collaborative executive leadership team that values partnership and accountability
  • High-visibility role influencing performance, processes, and outcomes
  • Cross-functional collaboration across operations, finance, and clinical teams
  • Culture that empowers leaders to innovate, improve, and build strong teams

 

What We Offer

  • Comprehensive Medical, Dental & Vision Insurance
  • 403(b) Retirement Plan with Discretionary Employer Contribution
  • Generous Paid Time Off (Vacation, Holidays & Sick Leave)
  • Life Insurance & Short-Term Disability Coverage
  • Employee Assistance Program for personal and professional support
  • Wellness Incentives (up to $350 annually)
  • Early Pay Access (up to 50% up to $1000 of earned wages)
  • Career Development Opportunities

 

What You Bring (Requirements)

  • Education: Bachelor’s degree in related field or equivalent experience (Graduate or related Certified Training preferred).
  • Experience: (15) years of experience of progressively responsible related experience in housing development and financial analysis, as well as exceptional financial and accounting performance within a sophisticated multi-site/multi-state operating environment.
  • Leadership abilities and strategic thinking in order to plan, implement and accomplish goals, organization policies and other processes.
  • Ability to analyze, problem-solve, and collaborate effectively
  • Knowledge of housing development best practices, laws, requirements, and HUD and other housing regulatory processes is essential. Ability to understand, summarize, and synthesize key financial and legal documents. Good understanding of the field’s concepts, practices, and procedures.

 

What You’ll Be Responsible For

  • Complete internal financial underwriting of all real estate development transactions using standard modeling, including financial analysis and risk assessment.
  • Provide underwriting and risk analysis to executive leadership and the Real Estate Loan Committee of the VOANS board.
  • Analyze industry trends and standards related to real estate underwriting; recommend changes to underwriting standards and procedures as necessary.
  • Develop and maintain standard internal underwriting models for different transaction types including, but not limited to, LIHTC transactions, bond transactions, market rate equity transactions, etc.
    Disseminate information and coordinate inter departmental training related to transaction underwriting.
  • Review gap financing packages for Real Estate Loan Committee and review packages for VOANS
    Board on third party financing requests such as LIHTC and FHLB funding, and review packages requesting approval for closings from VOANS Board.
  • Assist senior management in strategic planning for property development, board reporting, and financial outlook of current projects and for future growth in property development.

 About Volunteers of America National Services

Volunteers of America National Services (VOANS) is a mission-driven organization dedicated to delivering high-quality healthcare, housing, and supportive services to those in need across the country.   We serve seniors, veterans, individuals with disabilities, and families through innovative programs that promote dignity, independence, and well-being.  With a strong commitment to compassion, integrity, and service, VOANS operates across multiple healthcare and housing settings nationwide. Our teams are united by a shared purpose, to strengthen communities and make a meaningful difference in the lives of those we serve every day.  How we support the services throughout the country In healthcare and housing

 

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