Director of Underwriting and Climate Capital

4 weeks ago

New York, New York, United States Community Preservation Corporation Full time
About Us

The Community Preservation Corporation (CPC) is a leading organization in affordable housing finance, dedicated to contributing to comprehensive neighborhood revitalization through our lending and partnerships. With a strong commitment to sustainable and equitable housing, we strive to make a positive impact on communities across New York State and beyond.

Role Summary

CPC Climate Capital is a new subsidiary of The Community Preservation Corporation, focused on decarbonizing multifamily housing through subordinate debt financing. As the Head of Underwriting, you will be responsible for building out the Climate Capital underwriting platform, providing leadership and guidance to the underwriting team, and ensuring the quality and accuracy of their work.

Key Responsibilities
  • Oversee the design and implementation of CPC Climate Capital's underwriting policies, processes, and procedures.
  • Ensure the underwriting package meets CPC Climate Capital underwriting guidelines.
  • Manage the underwriting team's workload to ensure quality and timely completion of loan applications and other assigned tasks.
  • Cultivate and maintain strong relationships with Freddie Mac, Fannie Mae, Mortgage Banks, and Portfolio Lenders to obtain lender consent for CPC Climate subordinate debt.
  • Review loans prior to internal and agency submission, providing feedback and approvals to the underwriting team.
  • Ensure operating efficiencies and implement process improvements, including maximizing the use of technology.
  • Create and oversee training and professional development for all members of the team on an ongoing basis.
  • Ensure clear communication with internal and external transaction working group members.
  • Develop measurable team goals for each team member and ensure necessary resources are in place to support the achievement of all goals.
  • Maintain effective controls and compliance, adhering to all legal, regulatory, and programmatic requirements.
  • Demonstrate a commitment to CPC Climate's mission and objectives.
  • Work on special projects as necessary.
  • Perform other administrative duties as directed.
Requirements
  • 10+ years of demonstrable experience in underwriting both construction and permanent loans secured by both affordable and conventional properties.
  • 5+ years of management and leadership experience.
  • BA/BS required; graduate degree in Real Estate Finance/Development, Urban Planning/Policy, Affordable Housing, Community Development, or similar discipline preferred.
  • Experience with both Freddie Mac/Fannie Mae conventional and affordable underwriting standards.
  • Strong communication skills and interest in learning beyond their area of expertise.
  • Highly developed analytical, research, and written/oral presentation skills.
  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy.
  • Demonstrated ability to organize and prioritize projects, complete multiple tasks on schedule.
  • Experience with green building standards, building decarbonization, and sustainable housing.
What We Offer
  • Competitive compensation.
  • 401(k) retirement plans with employer match.
  • Medical, dental, and vision benefits for employees and their dependents.
  • Commuter benefits.
  • PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability.
  • Tuition assistance program.
  • Two work-from-anywhere weeks per year.
  • Summer Fridays.
  • Collaborative working spaces.
  • Service days to support our communities.
  • Employee development and engagement events.

  • Head of Underwriting Execution

    4 weeks ago

    New York, New York, United States AXIS Capital Full time

    About the RoleWe are seeking a highly skilled and experienced professional to join our team as the Head of Underwriting Execution. This is a unique opportunity to lead our global underwriting efforts and drive profitable growth for AXIS Re.The successful candidate will have a strong background in reinsurance and a proven track record of success in...

  • Head of Underwriting Execution

    4 weeks ago

    New York, New York, United States AXIS Capital Holdings Limited Full time

    About the RoleThe Head of Underwriting Execution for AXIS Reinsurance will report directly to the Chief Executive Officer - Reinsurance and is responsible for the global underwriting execution approach for all lines of business. This role requires a technical candidate with strong Reinsurance expertise and demonstrated experience in connecting with...

  • Director, Community Finance Leader

    4 weeks ago

    New York, New York, United States Capital One Full time

    Community Finance Role at Capital OneCapital One's Community Finance team is seeking a seasoned professional to lead our efforts in originating debt and equity to support affordable housing development. As a Director, Community Finance, you will be responsible for building relationships with stakeholders, including developers, syndicators, government...

  • Senior Manager, Community Finance

    4 weeks ago

    New York, New York, United States Capital One Full time

    Job SummaryCapital One is seeking a highly skilled Senior Manager, Community Finance - Underwriting, Portfolio to join our team. As a key member of our Community Finance team, you will be responsible for evaluating, managing, and administering community lending and investments, primarily through proprietary and multi-investor Low Income Housing Tax Credits...

  • Director, Community Finance Leader

    4 weeks ago

    New York, New York, United States Capital One Full time

    About the RoleCapital One is seeking a highly skilled Director, Community Finance to join our team. As a key member of our Community Finance team, you will be responsible for leading the development and implementation of strategic plans to drive community impact and social responsibility.Key ResponsibilitiesLead cross-functional teams to develop and...

  • Climate and Nature Director

    4 weeks ago

    New York, New York, United States Trellis Company Full time

    The Trellis Company seeks a seasoned professional to lead its Climate and Nature teams globally. As the Managing Director, Climate and Nature, you will be responsible for driving the company's work on climate and nature issues across consulting, grants, and collaborative initiatives.You will be part of the global Engagement Leadership Team, which leads...

  • Strategic Underwriting Director

    4 weeks ago

    New York, New York, United States The Amynta Group Full time

    Job SummaryThe Strategic Underwriting Director will be responsible for producing, underwriting, managing, and retaining profitable business for The Amynta Group. This role will oversee the entire underwriting cycle, from initial submissions to final policy issuance, ensuring that all underwriting decisions are made in accordance with company policy and...

  • Chief Underwriting Officer, North America Specialty

    4 weeks ago

    New York, New York, United States Liberty Information Technology Limited Full time

    At Liberty Information Technology Limited, we are seeking a highly skilled and experienced Underwriting Director to lead our North America Specialty team.The ideal candidate will have a strong background in underwriting, with a proven track record of success in managing teams and driving business growth.Key responsibilities will include:Developing and...

  • Capital Payments Finance Director

    4 weeks ago

    New York, New York, United States City of New York Full time

    **City of New York Job Opportunity**We are seeking a highly skilled and experienced Capital Payments Finance Director to join our team at the City of New York. Located in Long Island City, NY, this role offers a unique opportunity to work on a wide range of capital construction projects across the city.**Job Description**The Capital Payments Finance Director...

  • Director, Community Finance Leader

    4 weeks ago

    New York, New York, United States Capital One Services, LLC Full time

    Job DescriptionCapital One Services, LLC is seeking a highly skilled Director, Community Finance to join our team. As a key member of our Community Finance team, you will be responsible for leading the development and implementation of community finance strategies that drive business growth and social impact.Key Responsibilities:Lead the development and...

  • Senior Manager, Community Finance Underwriting Portfolio

    4 weeks ago

    New York, New York, United States Capital One Financial Corp Full time

    Job DescriptionCapital One Financial Corp is seeking a highly skilled Senior Manager, Community Finance Underwriting Portfolio to join our team. As a key member of our Community Finance team, you will be responsible for evaluating, managing, and administering community lending and investments, primarily through proprietary and multi-investor Low Income...

  • Underwriting Director

    4 weeks ago

    New York, New York, United States CNA Financial Corporation Full time

    Job SummaryLeads and directs an underwriting team for monoline property reporting into National Accounts Property Structured Risk business unit.Key ResponsibilitiesDirects the work activities and has full management responsibility for the performance and development of subordinate staff in accordance with corporate strategic direction.Coaches, leads and...

  • Director, Community Finance Leader

    4 weeks ago

    New York, New York, United States Capital One Services, LLC Full time

    Community Finance Role OverviewCapital One Services, LLC is seeking a highly skilled and experienced professional to join our Community Finance team as a Director. In this role, you will be responsible for leading the origination of debt and equity investments to support affordable housing development.Key Responsibilities:Lead the origination of debt and...

  • Executive Director

    3 weeks ago

    New York, New York, United States Sylvera Full time

    Transformative Customer Success Leader Sought for SylveraWe are seeking an experienced and ambitious Executive Director to spearhead customer success efforts in the US market for Sylvera, a pioneering climate technology firm.About SylveraSylvera is on a mission to revolutionize the carbon market by providing accurate and independent data to facilitate...

  • Capital Adequacy Function Associate Director

    4 weeks ago

    New York, New York, United States RBC Capital Markets Full time

    Job SummaryThis role is part of the U.S. Capital Adequacy Function team at RBC Capital Markets. The team is responsible for managing the bank's regulatory capital and risk-weighted asset calculations and reporting under US Basel III rules. The team produces reporting and analytics focused on the bank for the US region. The team also works on other...

  • Senior Property and Casualty Underwriting Director

    4 weeks ago

    New York, New York, United States Ryan Specialty Full time

    Job SummaryThe Property and Casualty Underwriting Director at Ryan Specialty is responsible for developing and implementing the underwriting strategy, policies, and processes to drive profitable growth. This role oversees all aspects of underwriting, business development, and retention, and leads the development of innovative insurance products.Key...

  • Senior Property and Casualty Underwriting Director

    3 weeks ago

    New York, New York, United States Ryan Specialty Full time

    Job Summary:The Property and Casualty Underwriting Director will oversee the underwriting strategy, policies, and processes to drive profitable growth. This role will lead the development of innovative insurance products, foster innovation, and build key relationships to ensure underwriting business alignment with Ryan Specialty's strategic and financial...

  • Senior Attorney

    4 weeks ago

    New York, New York, United States Bank of America Full time

    Job Summary:As a Senior Attorney in our Debt Capital Markets team, you will play a critical role in providing legal support to our High Grade Debt Capital Markets Group. Your expertise will be essential in analyzing complex legal issues and implications on matters of significant impact to our business.Key Responsibilities:* Provide legal support on a variety...

  • Account Executive Director, Ocean Marine Underwriter

    4 weeks ago

    New York, New York, United States The Travelers Companies, Inc Full time

    Job OpportunityWe are seeking a highly skilled and experienced Account Executive Director to join our Ocean Marine team. As a key member of our underwriting team, you will be responsible for managing the profitability, growth, and retention of an assigned book of business.The ideal candidate will have a strong background in commercial lines underwriting,...

  • Director of Software Engineering

    4 weeks ago

    New York, New York, United States Capital One Full time

    Cryptographic Services Software Engineering DirectorCapital One is seeking a Director of Software Engineering to lead a team of software engineers and subject matter experts in delivering Cryptographic Services to the enterprise.This individual will be an engineering leader who enjoys solving complex business problems in a fast-paced, collaborative,...