Impress employers and recruiters.
Choose from hundreds of resume examples.

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now

About the Role

This role supports various tax credit equity investments, including LIHTC, HTC, NMTC, and RETCs. The position involves working with a Relationship Manager to underwrite and draft internal bank investment approval memos, interfacing with Credit Administration, and ensuring regulatory approvals are obtained before closing.

Responsibilities

• Compile and analyze due diligence materials such as market studies, cash flow pro formas, investment summaries, economic benefit schedules, and sponsor financial statements.
• Attend customer calls, meetings, and site visits.
• Underwrite and prepare drafts of internal bank investment approval memos.
• Interface with internal departments to run profitability models on prospective investments.
• Interface with Credit Administration during screening and approval processes.
• Review term sheets and Letters of Intent.
• Assist Relationship Manager in sending appropriate documentation to the Bank’s legal counsel.
• Review, from a financial perspective, draft funding/contribution and Operating Agreements.
• Review draft Capital Call and Consent Agreements.
• Coordinate distribution of required documents to internal Bank stakeholders.
• Coordinate with the Tax Credit Operations Manager regarding document and data input for vendor software.
• Work with Tax Credit Operations Manager and external legal counsel in preparing regulatory applications.
• Conduct the Bank’s internal Regulatory Requirements Questionnaire.
• Confirm that all regulatory approvals have been obtained and investment types are consistent with regulatory applications prior to closing.
• Adhere to applicable compliance/operational risk controls.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain internal control standards, including timely implementation of audit points and addressing issues raised by external regulators.
• Complete other related duties as assigned.

Requirements

• Bachelor’s degree and minimum of 5 years relevant experience or a combined minimum of 9 years higher education and/or work experience including a minimum of 5 years relevant experience.
• Strong relationship building skills.
• Strong stakeholder management skills.
• Strong customer focus.
• Strong verbal and written communication skills.
• Proficient in use of pertinent MS Office, particularly Excel.
• Proficiency with reviewing and analyzing developer-prepared projections, real estate and cash flow schedules; audited financial statements, tax credit applications, and Limited Partnership Agreements.
• Sound experience showing fast response time, consistency, and success.
• Excellent communication and relationship building skills.
• Strong decision-making ability.
• Ability to function in a high volume, fast-paced environment.

Skills

• Tax credit equity investments
• LIHTC
• HTC
• NMTC
• RETCs
• Due diligence
• Financial analysis
• Investment approval memos
• Credit Administration
• Regulatory approvals
• Legal documentation review
• Portfolio maintenance
• Compliance
• Operational risk
• MS Office (Excel)
• Financial projections
• Cash flow analysis
• Audited financial statements
• Limited Partnership Agreements

Location

• Boston, Massachusetts, United States of America

Work Type

• Full-time

Experience Level

• 5+ years relevant experience

Education Level

• Bachelor's degree

Salary/Compensations

• $103,900.00 - $173,100.00 Annual (USD)

About the Company

• M&T Bank is committed to fair, competitive, and market-informed pay for our employees.