U.S. Bank

Impact Finance Syndication – Federal LIHTC & NMTC Project Manager

U.S. Bank

full-time

Posted on:

Location Type: Hybrid

Location: Saint Louis • Colorado • Illinois • United States

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Salary

💰 $111,605 - $131,300 per year

About the role

  • Underwriting, structuring, negotiating, and closing complex equity and debt investments with tax equity investors utilizing Low Income Housing Tax Credits (LIHTC) and/or New Markets Tax Credits (NMTC).
  • Prepare and negotiate legal documentation, prepare financial models, provide due diligence deliverables, obtain credit approval, and close investments.
  • Participate and support syndications Business Development Officers in the early‐stage review of potential investments, complex deal structures, programs, and partners.
  • Engage and manage third party professionals including attorneys, accountants and consultants.
  • Review complex legal documents pertaining to structured credit arrangements and investments.
  • Works with counsel and business partners to negotiate with investors and manage risks on behalf of USBIF.
  • Prepare, review, analyze and negotiate financial models and address investor questions and requests.
  • Prepare and provide diligence materials requested by investors, counsel and/or consultants in furtherance of investor’s internal and external approval processes.
  • Reviews, analyzes and responds to questions or requests regarding the investment structure, underlying projects and/or USBIF.
  • Prepare, submit and obtain internal investment approvals.
  • Successfully transition closed investments to Syndication Fund Managers for ongoing management and investor relations.
  • Coordinate with internal and external USBIF departments to facilitate underwriting and closing of project-level loans and investments.
  • Close transactions in accordance with bank policies while managing customer expectations and timelines.
  • Participate in special projects, including the development and revision of internal policies and procedures, cross-functional and departmental efficiencies and strategic product development.
  • Actively ensure compliance with the U.S. Bank Code of Ethics and all Anti‐Money Laundering, Bank Secrecy Act, and information security policies and procedures.
  • Follow account opening procedures and internal suspicious activity referral requirements and processes.

Requirements

  • Typically Bachelor's degree and six or more years of related experience OR
  • MBA/JD with three or more years of directly related experience
  • Experience within the affordable housing and/or new market tax credit industries.
  • Thorough understanding of tax credit investment programs and structures, along with knowledge of regulatory and company risk policies.
  • Knowledge of or experience with financial modeling techniques and/or legal document negotiation.
  • Ability to lead projects, mentor junior employees.
  • Strong knowledge of construction finance, legal documentation, real estate property management, and accounting.
  • Advanced ability to review and synthesize a large quantity of deal related documentation and materials, including third party reports, loan/investment documents, and other legal documents.
  • Able to identify key issues and concerns, manage review timelines, and problem solve using creativity and innovation.
  • Excellent time management skills with the ability to effectively manage client timelines and needs.
  • Ability to identify obstacles and manage expectations, both internally and externally.
  • Effective listener and advanced communication skills, both oral and written.
  • Highly motivated self-starter who has a good attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.
  • Ability to work independently as well as collaboratively in a team environment.
  • Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of tax credit investments.
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 & Tools
financial modelinglegal document negotiationunderwritingstructuring investmentsclosing transactionsdue diligencerisk managementtax credit investment programsconstruction financereal estate property management
Soft Skills
project leadershipmentoringtime managementproblem solvingeffective listeningadvanced communicationattention to detailcollaborationcreativitygrowth mindset
Certifications
Bachelor's degreeMBAJD