Credit Officer – Residential Development
Kirkland, WA
A rapidly growing private real estate lender with over $350M in capital—and one of the top-performing funds in the U.S.—is hiring a Credit Officer to join their team. With $100M in real estate acquisitions over the past four years, they continue to expand their footprint in residential lending.
In this role, you’ll work closely with residential builders and developers to evaluate loan applications, assess borrower qualifications, and ensure alignment with company and investor guidelines. You’ll collaborate with a credit team of five.
The ideal candidate brings deep experience in credit analysis, risk assessment, and real estate development. You’ll be responsible for structuring and underwriting complex construction and bridge loans—making sound credit decisions that support the firm’s growth while managing risk effectively.
Credit Officer Responsibilities:
- Loan Evaluation: Underwrite bridge and construction loans, ensuring all documentation is complete, accurate, and compliant with company policies and regulations.
- Financial & Credit Analysis: Review borrower financials, credit, budgets, market conditions, and project feasibility to assess overall creditworthiness.
- Risk Assessment: Identify key risks—market, construction, completion, and repayment—and recommend deal structures to mitigate them.
- Credit Presentation: Prepare and present credit memos and risk summaries to senior management or credit committees for approval.
- Compliance: Ensure all underwriting follows internal credit policies, investor guidelines, and applicable lending regulations.
- Stakeholder Communication: Act as a liaison for loan officers, borrowers, brokers, and internal teams
- Special Projects: Support the Chief Credit Officer with special projects and other duties as needed.
Credit Officer Qualifications:
- 4+ years of mortgage/banking experience and/or related industry experience in construction, real estate and/or private equity.
- Bachelor’s degree in Finance, Real Estate, Business, or related field
- Solid understanding of income property analysis and loan structuring.
- Strong attention to detail, time management, and communication skills.
- Proficiency in Excel and familiarity with loan origination software.
- Ability to work independently and thrive in a collaborative, fast-paced environment.
Company Benefits & Culture:
- Annual bonuses
- Free parking on site
- Employee home loan program
- Employee stock options
- 401k with a 3% match
Compensation: $95k-$115k + bonus