Regional Manager
T&M Associates
Senior Asset Manager – Affordable Housing
U.S. Bank
full-time
Posted on:
Location Type: Hybrid
Location: Saint Louis • Colorado, Illinois, Minnesota, Montana • 🇺🇸 United States
Visit company websiteSalary
💰 $111,605 - $131,300 per year
Job Level
Senior
About the role
- Management and monitoring of a portfolio of commercial real estate loans and equity investments to ensure benefit delivery to investors while maintaining superior customer service for external clients
- Maintain and expand relationships with partners, borrowers, and other external parties associated with assigned portfolio
- Perform reviews of audits and financial statements to assess investment quality and risk
- Review construction draw packages and assess construction investment and lending risk
- Monitor portfolio performance and assign risk ratings in accordance with policy
- Complete site inspections and meetings with partners to ensure program compliance and asset/loan quality
- Review and interpret operating agreements, loan agreements and other legal documents relating to equity investments and loans to protect the division's rights and financial interests
- Prepare internal written and verbal reporting on portfolio performance
- Ensure assigned investment projects adhere to U.S. Bancorp policies and procedures and conform to regulatory requirements
- Keep current on various tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management
Requirements
- Typically Bachelor's degree, or equivalent work experience
- Typically six or more years of related experience
- Thorough understanding of tax credit investment management with experience interpretating legal documentation and requirements
- General real estate background preferred
- Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred
- Well-developed analytical and problem-solving skills
- Effective interpersonal, verbal and written communication skills
- Strong relationship management abilities
- Highly motivated, able to work independently, and possesses acute attention to detail
- Master’s degree and/or CPA preferred
- Keep current on tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management of investments and loans
- Must be able to comply with U.S. Bank policies and procedures including Code of Ethics and Business Conduct; background checks may be required
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
- Incentive and recognition programs
- Equity stock purchase
- 401(k) contribution and pension
- Hybrid/flexible schedule (in-office expectation of 3+ days per week)
ATS Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
portfolio managementfinancial statement analysisrisk assessmentsite inspectionsinvestment quality assessmentconstruction draw package reviewlegal document interpretationreportingtax credit investment managementrelationship management
Soft skills
analytical skillsproblem-solving skillsinterpersonal skillsverbal communicationwritten communicationattention to detailmotivationindependencerelationship management abilities
Certifications
Bachelor's degreeMaster's degreeCPA
