Senior NMTC Project Manager, Impact Finance

U.S. Bank

Impact Finance Senior NMTC Project Manager for U.S. Bank negotiating and closing equity and debt investments.

Posted 4/30/2026full-timeSaint Louis • Colorado, Illinois, Minnesota, Montana • 🇺🇸 United StatesSenior💰 $126,820 - $149,200 per yearWebsite

About the role

Key responsibilities & impact

Negotiate, structure, underwrite, and close equity and debt investments utilizing Federal New Markets Tax Credit (NMTC) programs
Manage relationships with internal Business Development Officers, sponsors, and external partners in negotiating investment terms and structures
Responsible for obtaining credit approval prior to closing
Engage third‑party professionals in coordinating the drafting, collection, and review of transaction documentation, legal agreements, and financial projections necessary to close NMTC investments
Coordinate with Asset Management to ensure a seamless transition of closed investments for ongoing compliance, monitoring, and reporting throughout the NMTC compliance period
Responsible for USBCDE application strategy and execution, including drafting and managing the overall USBCDE application process
Lead and manage USBCDE‑specific activities, including allocation deployment and responsible for the establishment, maintenance, and ongoing enhancement of internal policies, procedures, and guidance necessary to support USBCDE strategy, operations, and compliance
Coordinate with internal stakeholders and external agencies on matters related to USBCDE and NMTC program advocacy

Requirements

What you’ll need

Typically Bachelor's degree and eight or more years of related experience
Or, MBA/JD with five or more years of directly related experience
Extensive knowledge of Federal NMTC programs including investment underwriting and knowledge of regulatory risk requirements
Working knowledge of managing a Community Development Entity (CDEs) is strongly preferred
Experience drafting and managing federal NMTC allocation applications
Ability to develop and manage policies, procedures, and internal guidelines for NMTC or similar tax credit programs
Knowledge and experience with real estate and operating business underwriting, construction finance, legal and real estate documentation, and accounting
Proficient computer skills, specifically Microsoft Office applications
Well‑developed analytical and problem‑solving skills, highly detailed oriented
Effective interpersonal, verbal, and written communication skills.

Benefits

Comp & perks

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

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

investment underwritingNMTC program knowledgeCDE managementfederal NMTC allocation applicationsreal estate underwritingconstruction financelegal documentationaccountingpolicy developmentprocedures management

Soft Skills

analytical skillsproblem-solving skillsattention to detailinterpersonal skillsverbal communicationwritten communication

Certifications

Bachelor's degreeMBAJD