Project Management Team Lead – Impact Finance, Affordable Housing
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Saint Louis • Colorado, Minnesota, Montana • 🇺🇸 United States
Visit company websiteSalary
💰 $126,820 - $149,200 per year
Job Level
Senior
About the role
- Lead underwriting and closing efforts for both debt and equity client transactions, focusing on customer experience while balancing the Bank’s risk profile
- Work with each Project Manager to balance delivery expectations, work product quality, preservation of profitability, and the client experience
- Manage customer relationships to negotiate, underwrite, approve, and close new equity investment and loan opportunities, primarily for affordable housing construction and development
- Manage workflow both individually and for a 2-3 person peer team
- Review due diligence standards with underwriting real estate transactions
- Collaborate with internal teams and engage third-party professionals to coordinate drafting, collection, and review of documents and financial projections
- Lead team in problem-solving including programmatic compliance or lending, tax, and accounting considerations
- Simplify complex investment and finance concepts and multifamily development projects
- Coordinate stakeholders in preparing and funding initial closing funds and transitions closed assets to the Asset Management team for ongoing relationship management
- Ensure investments and loans are underwritten and closed in compliance with USB Credit Policy and other regulatory requirements
Requirements
- Typically Bachelor's degree and eight or more years of related experience OR
- MBA/JD with five or more years of directly related experience
- Thorough understanding of tax credit investment management and knowledge of regulatory and company risk policies
- Strong knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
- General real estate development and/or property management background preferred
- Strong knowledge of LIHTC
- Well-developed analytical and problem-solving skills
- Effective interpersonal, verbal and written communication skills
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 of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingclosingequity investmentloan opportunitiesdue diligencetax credit investment managementconstruction financelegal documentationreal estate property managementaccounting
Soft skills
customer experienceproblem-solvinginterpersonal skillsverbal communicationwritten communicationanalytical skills
Certifications
Bachelor's degreeMBAJD