Urban Redevelopment Authority of Pittsburgh · 1 day ago
Lending Analyst
Pittsburgh, PA
Full-time
Onsite
Entry Level
$55K/yr - $60K/yr
1+ years expThe Urban Redevelopment Authority of Pittsburgh is seeking a Lending Analyst to support their loan origination and underwriting function. This role involves sourcing clients, underwriting loans, and managing portfolios to enhance Pittsburgh's economic vitality.
Real Estate
No H1B
Responsibilities
Work with URA Business Services and partner organizations to widely promote loan programs across the city
Create connections and source deal flow throughout the City of Pittsburgh
Originate applications for financing, collect applicable information and documentation; analyze and underwrite the application; prepare and present loan proposals for internal and loan review committee review; close approved loans; and service the loan
Coordinate teamwork among URA staff, entrepreneurs and small businesses, private funders, and others
Work with the Manager of Business Lending and the URA’s Legal and Compliance staff to ensure that commercial loans and grants are originated in accordance with federal tax law, applicable underwriting guidelines, the Urban Redevelopment Authority’s program guidelines and all other applicable local/state and federal regulations and guidelines
Monitor the financial performance of borrowers and as necessary recommend technical assistance and loan restructuring
Facilitate URA façade program promotion, underwriting, and execution, as requested
Prepare professional correspondence, credit memos, and other documentation
Work with businesses to connect with resources and tools (both URA and non URA) including technical assistance
Represent the Commercial and Business Lending Department and its programs to external partners and the public, as requested
Complete other duties as assigned
Work independently with general direction from the manager and director
Qualification
Required
Bachelor's Degree in business administration, economics, or entrepreneurship
One (1) or more years of experience underwriting and presenting credit and risk analysis for direct lending and investment preferred
Excellent organizational skills and communication skills, including verbal, written and public speaking
Computer proficiency in Microsoft Office suite products such as word, excel, and publisher
Ability to safely and successfully perform the essential job functions consistent with the ADA
Must be able to lift and carry up to 20 lbs., standing, sitting, reaching and stretching
Must be able to talk, listen and speak clearly on telephone
Preferred
Commercial underwriting experience in businesses and commercial real estate is preferred
Experience using Salesforce, WordPress, or similar software a plus
Company
Urban Redevelopment Authority of Pittsburgh
Venture capital fund dedicated to economic development and job creation in the city of Pittsburgh
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Damara Carter
Chief Financial Officer
Jennifer Wilhelm
Chief Operating Officer
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