About the Role
The Impact Finance AH Project Manager negotiates, structures, underwrites, and closes debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC). This role manages customer relationships and internal business development officers, coordinates with third-party professionals for document review, and prepares initial closing funds. The position also participates in policy and procedure establishment.
Responsibilities
- Negotiates, structures, underwrites, and closes debt and equity investments utilizing Low-Income Housing Tax Credits (LIHTC).
- Manages customer relationships and internal Production and/or Syndications Business Development Officers.
- Engages third-party professionals in coordinating the drafting, collection, and review of necessary documents and financial projections.
- Coordinates with internal employee teams in preparing and funding initial closing funds.
- Transitions closed loans to portfolio management and asset/fund management departments.
- Participates in the establishment of policies and procedures for group tasks.
Requirements
- Typically Bachelor's degree and five or more years of related experience OR MBA/JD with one or more years of directly related experience.
- Basic knowledge of risk assessment and evaluating targeted returns from investments.
- Some knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting.
- General real estate background preferred.
- Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred.
- Well-developed analytical and problem-solving skills.
- Effective interpersonal, verbal and written communication skills.
- Must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Skills
- Risk assessment
- Investment return evaluation
- Construction finance
- Legal documentation
- Real estate property management
- Accounting
- LIHTC
- RETC
- HTC
- NMTC
- Analytical skills
- Problem-solving skills
- Interpersonal skills
- Verbal communication skills
- Written communication skills
Location
- U.S. Bancorp Impact Finance market areas
Work Type
- Hybrid/flexible schedule (3+ days in office per week)
Experience Level
- At least 5 years minimum relevant experience
- MBA/JD with 1+ years relevant experience
Education Level
- Bachelor's degree
- MBA
- JD
Salary/Compensations
- $98,175.00 - $115,500.00
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals
- Incentive and recognition programs
- Equity stock purchase
- Pension
About the Company
- At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.
- A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.
- U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories.
- U.S. Bank will consider qualified applicants with arrest or conviction records for employment.
- U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance.
- U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA).
- Certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Equal Opportunity
- U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
