Credit Analyst

CREDIT ANALYST

Job Description

Washington Capital Partners is the largest Hard Money Lender in the Mid-Atlantic having provided over $1 Billion in real estate capital.

We have been named one of the fastest growing companies in America by Inc 5000, The Financial Times, and Washington Business Journal multiple years in a row.

We have also been named a Great Place to Work in 2020 and 2021. You may have seen fix and flips on HGTV, but we are the real financiers.

We finance real estate investment projects (residential & commercial) for investors and developers. We are one-part fintech, one-part financial services company.

Our mantra is work hard, play hard, and personal accountability. The environment is high-paced, and employees regularly go above and beyond to get their projects complete.

We have the capital to finance loans as small as $50k and as large as $15mm. Our company structure allows us the flexibility / speed in closing loans that most of our competitors just can’t match.

At the same time, we know how to have fun, with company-sponsored events (took the whole team to Mexico and Dominican Republic recently), competitive benefits packages, personal / professional training sessions, happy hour credits, work from home flexibility, and the list goes on! And aside from having fun, we are also strongly committed to giving back to our communities through The WCP Foundation.

Learn more about us at .

We are Proud to Offer

• Competitive salary
• Medical benefits
• Life Insurance, Short-Term Disability, Long-Term Disability
• 401K
• Paid vacation and holidays
• Growth opportunities and mentorship

Tasks include but are not limited to :

Evaluate real estate loan applications, credit reports, title insurance reports, income & asset documentation, and any necessary verifications.

Closely analyze appraisals, Personal Financial Statements, Credit / Background Reports, Track Records, Construction Budgets, Bank Statements, and Tax Returns for accuracy and quality control measures.

This will also require a working knowledge of WCP Products to ensure up-to-date evaluations (via Sales Manager).

• Review and analyze financial documentation and other relevant data to assess the creditworthiness of potential borrowers.
• Ensure completeness, accuracy, and legibility of all documentation.
• Perform credit analysis for loan originations : work with Loan Officers / Assistants to evaluate credit score and payment history prior to loan origination
• Work closely with the Legal Team to ensure compliance with company policies, specifically those pertaining to property title work
• Audit closed files to ensure all policies and procedures are met by the processing team in concordance with WCP’s requirements
• Meet regularly with the Processing Team to address areas of improvement and assist in personal development
• Ensure that data authenticity and integrity exist with every transaction
• Update loan origination system with the information from collected documents and re-run software tool as appropriate
• Collect, enter, and conform data from various sources, resolve discrepancies and ensure loan data integrity : review provided documents and confirm information meets WCP requirements and is recorded properly within WCP repository.
• Assist in making corrections when needed to close a loan and to meet deadlines while conducting quality control checks and proactively address discrepancies to ensure smooth transactions.
• Accurately analyze and assess weaknesses and strengths of deals : review potential risks and compensating factors at each level of the loan (Borrower, Property, Regional Data, Loan Product History).
• Collaborate with sales, processing and leadership team and provide clear communication on credit decisions
• Coordinate with external vendors for capital market purposes
• Perform other duties as necessary

Qualifications Include :

• Bachelor’s degree in business administration, Economics, Real Estate, Accounting or Finance, required
• 2 years’ experience in credit analysis, preferably in the real estate industry
• Strong organizational, time management and written and oral communication skills required
• Microsoft Office : Word, PPT, and Excel, Adobe
• Must have ability to multi-task and work well under pressure to meet deadlines
• Must have strong Communication skills within and outside of the company

Job Type : Full-time, In-Person role

Salary : Commensurate with experience

Location : Office space with a dedicated desk, computer, and software necessary to perform duties. The office is located one block from the Boro in Tysons, VA, and 2-5 minutes from a Tysons Metro stop.

Application deadline : Ongoing recruitment.

To be considered for this position, please upload your resume. Cover letters are not necessary.