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Regions Bank · 4 weeks ago

Regions Affordable Housing Underwriter (LIHTC)

Atlanta, GA

Full-time

Onsite

Mid Level

$62K/yr - $77K/yr

Regions Bank is committed to providing opportunities for associates to build their careers. The Affordable Housing Underwriter will evaluate and underwrite development partners and guarantors associated with housing tax credit investments, ensuring compliance with Regions’ objectives while identifying and mitigating risks in transactions.

BankingInsurance

H1B Sponsor Likely

Responsibilities

Works in support of the RAH team and adds value directly to client and coverage in articulating Regions’ underwriting requirements for developers and guarantors of housing tax credit properties, including the analysis of complex guarantor and business structures as well as the collection and analysis of background checks

Creates and maintains guarantor analyses, including ongoing conformance to annual guarantor financial condition requirements

Manages the guarantor requirement checklist, gathers all required documents, reviews the documents, and notes any issues as appropriate; Understands the background and experience of each development team member including sponsor/developer, general contractor, architect, property manager, project accountant, and support service agency (if applicable) as well as reviews references and conducts background checks

Proactively identifies potential guarantor issues and alerts the RAH team

Prepares comprehensive summaries of the information gathered and analyzed as part of the investment/loan approval process; is available to respond to specific inquiries of approvers

Oversees ongoing monitoring of existing portfolio by being accountable for periodic assessments and other servicing requirements

Offers advice and guidance about underwriting specific aspects of the development team and the guarantor analysis to others on the RAH transaction team

Articulates issues associated with financial statements and to assess whether RAH financial and background requirements are met

Qualification

Financial statement analysisCorporate credit trainingAffordable Housing knowledgeData analysisMicrosoft Office proficiencyTeamworkCommunication skillsOrganizational skillsSelf-motivationWork under pressure

Required

Bachelor's degree in related field

Prior experience with analyzing complex financial statements for corporate entities, real estate operators, developers, and guarantors

Completion of a major corporate credit training program or equivalent corporate banking/finance experience

Preferred

Knowledge of Affordable Housing or Low-Income Housing Tax Credit (LIHTC)

Benefits

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Company

Regions Bank

Glassdoor3.6

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.

Founded in 1971

Memphis, Tennessee, USA

10001+ employees

https://www.regionsinsurance.com/

H1B Sponsorship

Regions 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 (37)

2024 (40)

2023 (41)

2022 (42)

2021 (32)

2020 (30)