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M&T Bank · 2 months ago

Senior Tax Credit Equity Asset Manager, Hybrid

Boston, MA

Full-time

Hybrid

Senior Level

$117K/yr - $195K/yr

5+ years exp

M&T Bank is a financial institution that offers various tax credit equity investments. The Senior Tax Credit Equity Asset Manager will support the tax credits investment team by managing due diligence processes, closing new investments, and ensuring compliance throughout project stabilization.

Financial Services

H1B Sponsor Likely

Responsibilities

Track, compile, and organize appropriate due diligence materials (e.g., market studies, cash flow proformas, investment summaries, economic benefit schedules, sponsor financial statements)

Attend investment pre-closing calls, taking the lead in representing M&T as it relates to the due diligence list

Interface with appropriate internal departments relative to having profitability models run on each prospective investment

Ensure any required pre-closing modification memos have been properly approved prior to closing

Closing of new investments (once formal bank approval has been obtained)

Aid Relationship Manager in sending appropriate documentation to the Bank’s legal counsel

Review, from a financial perspective, draft funding/contribution, and Operating Agreements

Coordinate distribution of required documents to internal Bank stakeholders (e.g., Tax Credit Operations, Accounting Policy Dept., Counsel’s Office, Corporate Tax Dept., CRA Dept.)

Coordinate with the Tax Credit Operations Manager regarding documentation and data required for closing/commitment approval

Ensure all insurance requirements are in place, in accordance with established underwriting guidelines, policies, and procedures

Ensure and track required construction monitoring as well as environmental review requirements, including engagement of third-party reports

This required interfacing with various internal stakeholders/departments

Ensure requires post-construction third-party reports and tax forms (e.g., cost certification, IRS Form 8609) have been received and reviewed in accordance with established policies and procedures

Work to ensure that initial tenant files are inspected, in accordance with established policies and procedures

Prepare interim investment update memos consistent with established protocol

Review and approve site inspection overviews that are conducted by third-party vendors

Work with Relationship Managers to ensure all pre-conversion-to-permanent financial data has been collected and reviewed

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies

Promote an environment that supports diversity and reflects the M&T Bank brand

Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable

Complete other related duties as assigned

Qualification

Tax credit asset managementFinancial analysisDue diligenceStakeholder managementConstruction monitoringHigh volume environmentSoftware proficiencyCommunication skillsCustomer focusDecision-making ability

Required

Bachelor's degree in Accounting, Finance, Economics or related field and minimum of 5 years relevant experience including previous tax credit asset management experience or in lieu of a degree, a combined minimum of 9 years higher education and/or work experience including a minimum of 5 years' relevant experience including tax credit asset management experience

Excellent communication and relationship building skills

Strong customer focus

Solid decision-making ability

Ability to function in a high volume, fast-paced environment

Proficient in use of pertinent word processing, spreadsheet, and presentation software, as well as pertinent business systems

Preferred

Sound Experience Showing Fast Response Time, Consistency, And Success

Strong stakeholder management skills

Company

M&T Bank

Glassdoor3.6

Great companies have an enduring sense of purpose.

Founded in 1856

Buffalo, New York, US

10001+ employees

http://www.mtb.com

H1B Sponsorship

M&T Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (116)

2024 (113)

2023 (84)

2022 (103)

2021 (42)