Lincoln Savings Bank · 5 months ago
Tax Credit Support Specialist
Ingersoll, Des Moines, IA, US
Full-time
Onsite
New Grad, Entry LevelLincoln Savings Bank is a financial institution seeking a Tax Credit Support Specialist. This role involves working closely with Relationship Managers to analyze and structure loans, assist with the credit approval process, and monitor completed transactions to ensure smooth operations.
BankingFinanceFinancial Services
Responsibilities
Frequently communicates with commercial clients to confirm requests are received and responded to quickly and effectively. Ensures that the day-to-day needs of the commercial clients are met
Participate as part of tax credit and commercial lending team to ensure that transactions flow smoothly from term sheet execution through payoff
Coordinate and participate in transaction closing calls
Provides construction draw support for Relationship Managers by collecting, compiling and reviewing all construction draw-related documentation from Borrower. Will assist Relationship Manager in evaluating and funding construction draw requests and monitoring overall construction budgets
Monitors and manages existing loan portfolio to ensure conformity with loan terms and overall credit quality. Utilizes Borrower financial information and internal reports to recommend and implement corrective action when necessary to guarantee the stability of the loan portfolio
Requests and evaluates, with support from Relationship Managers, all necessary information needed to consider new requests from existing and prospective commercial clients
Prepares initial cash flow and collateral analysis for review by Relationship Managers, Credit Administration and Loan Committee to illustrate and validate optimum credit quality, profitability, and policy adherence. Works with the Underwriter to answer any questions and follow up on any additional items needed
Build the initial underwriting framework and draft various narratives for credit approval requests with support from Relationship Manager
Assists with the closing process by opening necessary checking accounts, collecting ownership forms, and working with the Loan Assistant to ensure full closing package is received and documented
Perform ongoing diligence and review of tax equity deliverables to ensure all conditions are met to complete all tax equity fundings after close
Represent the bank in a positive light in all professional duties
Qualification
Required
Works closely with Relationship Managers to analyze and structure loans
Assists with the credit approval process
Closely monitors completed transactions
Frequently communicates with commercial clients to confirm requests are received and responded to quickly and effectively
Ensures that the day-to-day needs of the commercial clients are met
Participate as part of tax credit and commercial lending team to ensure that transactions flow smoothly from term sheet execution through payoff
Coordinate and participate in transaction closing calls
Provides construction draw support for Relationship Managers by collecting, compiling and reviewing all construction draw-related documentation from Borrower
Assists Relationship Manager in evaluating and funding construction draw requests and monitoring overall construction budgets
Monitors and manages existing loan portfolio to ensure conformity with loan terms and overall credit quality
Utilizes Borrower financial information and internal reports to recommend and implement corrective action when necessary to guarantee the stability of the loan portfolio
Requests and evaluates, with support from Relationship Managers, all necessary information needed to consider new requests from existing and prospective commercial clients
Prepares initial cash flow and collateral analysis for review by Relationship Managers, Credit Administration and Loan Committee
Works with the Underwriter to answer any questions and follow up on any additional items needed
Build the initial underwriting framework and draft various narratives for credit approval requests with support from Relationship Manager
Assists with the closing process by opening necessary checking accounts, collecting ownership forms, and working with the Loan Assistant to ensure full closing package is received and documented
Perform ongoing diligence and review of tax equity deliverables to ensure all conditions are met to complete all tax equity fundings after close
Represent the bank in a positive light in all professional duties
Company
Lincoln Savings Bank
Lincoln Savings Bank offers banking options including checking and savings accounts, mortgages, and commercial real estate loans.
Founded in 1902
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$45MKey Investors
EJF Capital
2018-12-04Private Equity· $30M
2015-03-20Series Unknown· $15M
Leadership Team
Emily Girsch
Interim President & CEO | Community Banking Leader
Alex Pate
First Vice President, Chief Transformation Officer
Recent News
Business Wire
2025-08-19
2025-08-06
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