CIC Project Manager II
Huntington National Bank
full-time
Posted on:
Location Type: Hybrid
Location: St Louis • Illinois • Montana • United States
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Salary
💰 $70,000 - $140,000 per year
About the role
- Lead underwriting and closing for debt facilities and equity investments
- Coordinating successful, timely closings with all internal and external groups
- Ensure proposed tax credit financed project complies with all tax provisions required to maximize investment value
- Work with counsel to negotiate partnership agreement terms
- Acting as primary contact with the developer during the underwriting and closing process
- Financial modeling of tax benefits and capital account analysis, sources and uses, capital stack, development budget, operating budget pro forma, cash flow, and benefit schedule
- Drafting and presenting comprehensive memoranda summarizing the transaction
- Collaborating with other CIC colleagues to create Best in Class project management
Requirements
- Bachelor’s degree from accredited university
- Finance, accounting, or business degree
- 6+ years of LIHTC experience
- 4+ years of LIHTC (or CRE) underwriting and closing experience
- Tax credit syndications experience
- Technical knowledge of the LIHTC program
- Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products
- Intermediate proficiency in excel modeling of debt and equity investments
- Intermediate knowledge of limited partnership agreements and loan documents with focus on guarantees and security
- Intermediate understanding of analyzing sponsor financial statements, real estate owned schedules, contingent liabilities, organizational structures, and business plans
- Strong presentation skills to Credit and other internal stakeholders
- Ability to identify problems and recommend appropriate solutions
Benefits
- Health insurance coverage
- Wellness program
- Life and disability insurance
- Retirement savings plan
- Paid leave programs
- Paid holidays
- Paid time off (PTO)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial modelingcapital account analysiscash flow analysisexcel modelingunderwritingclosingtax credit syndicationslimited partnership agreementsloan documentsanalyzing financial statements
Soft Skills
presentation skillsproblem identificationsolution recommendationcollaborationcommunication
Certifications
Bachelor’s degree