Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $16 billion in loan originations in 2022. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 FHA commercial lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. A highly philanthropic company, Greystone donates more than half of its profits to charity each year.

America First Multifamily Investors, L.P. (“ATAX”), a $1.4 billion publicly traded partnership listed on the Nasdaq (ticker: ATAX), is a managed by an affiliate of Greystone & Co., Inc. ATAX’s current core investment strategy is the direct purchase and leveraging of tax-exempt bonds associated with affordable housing projects. These tax-exempt bond investments have historically been either private activity bonds (usually on 4% LIHTC projects) or 501c3 bonds on multifamily assets.

We are hiring a Loan Processing Manager to be based in our Omaha, NE office. The Loan Processing Manager will perform a variety of operational, loan processing, loan closing, loan servicing and quality control functions for affordable housing/real estate bond and loan investments.

Primary Duties and Responsibilities:

• Reviews construction and/or permanent bond/loan documents (taxable and tax exempt) for accuracy and completeness, while coordinating same with Managing Directors and legal counsel for bond/loan closing.
• Monitors receipt of all loan closing due diligence for construction and permanent bond/loan purchases.
• Coordinates and maintains all credit files, with proper file indices.
• Reviews all bond/loan documentation (construction loan agreements, bonds, promissory notes, deeds of trust and all other ancillary loan documents) as prepared by external legal counsel, coordinating all recommended corrections/changes.
• Reviews and approves of all applicable client and contractor insurance certificates (property, liability, workmen’s comp, flood, etc.) prior to loan closing.
• Prepare and/or coordinate bond/loan closing invoices for bond/loan closing fees/expenses.
• Establishes procedures for ongoing monitoring of items outstanding and/or required by the loan approval and loan documents through bond/loan maturity.
• Actively coordinates available construction draw funding dates with ATAX leverage program provider.
• Document qualitative and quantitative assessment of construction process based on review of construction monitoring reports and discussion with construction parties.
• Prepares instructions for the application of funds received for paydowns and/or loan payoffs.
• Collect guarantor financial data and monitor compliance with covenants in the bond/loan documents.

Experience, Skills and Abilities Required:

• Requires an advanced knowledge of real estate lending (commercial and/or affordable housing, community development finance/affordable housing lending practices and general loan audit/compliance policies and procedures).
• Demonstrates excellent analytical skills with an aptitude for determining root cause or underlying circumstances and identifying solutions during the loan closing and loan disbursement processes.
• Exhibits attention to detail and strives for accuracy to ensure satisfactory audit/exam results.
• Demonstrates enhanced problem solving and critical thinking skills.
• Has full comprehension of policies, procedures, and applicable regulatory requirements.
• Bachelor’s Degree or equivalent work experience.
• Occasional travel will be required to construction sites throughout the United States.

At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer.