Barings · 23 hours ago
Affordable Housing Investments Transaction Manager, Associate Director
Chicago, IL, United States
Full-time
Onsite
Mid, Senior Level, Lead/Staff
$130K/yr - $165K/yr
5+ years expBarings is a company that values both its associates and clients, and they are seeking an Affordable Housing Investments Transaction Manager. This role involves managing transactions in the multifamily affordable housing sector, including screening, analyzing, and overseeing loans, while also building relationships with developers.
Venture Capital
Responsibilities
Drive the end‑to‑end execution of affordable and workforce (middle-income) multifamily debt transactions—owning the transaction from initial screen through term sheet, internal committee approvals, and closing
Serve as a primary point of contact to developers/sponsors, building durable relationships that advance the platform’s production goals in LIHTC, workforce, and mixed‑income properties
Screen & size new opportunities against firm credit parameters; assess feasibility and recommend go/no‑go with clear rationale
Manage deal execution—in collaboration with the underwriting team, track diligence, surface issues early, drive resolutions with internal partners (underwriting, legal/closing, servicing, asset management) and external parties
Prepare and present clear, data‑driven materials for internal committee reviews; translate feedback into actionable next steps to maintain velocity to close
Qualification
Required
Minimum of five (5) years of experience in affordable housing lending
Bachelor's Degree in Real Estate or Finance
Experience in loan originations and transacting in affordable housing (AH) loans
Knowledge of LIHTC programs and how they work
Ability to understand different loan structures within the multifamily space; Knowledge of sizing and analyzing AH loans
Brings experience in loan structuring and underwriting balance sheet loan products
Experience interacting internally - with platform underwriters, analysts, servicing and asset management – and externally on transaction matters
Ability to lead the transaction process with borrowers and sponsors
Solid understanding of Microsoft Word, PowerPoint and Excel
Ability to model or revise financials models, as needed
Strong written and verbal communications skills
Strong interpersonal skills to develop and/or cultivate relationships
Can be strategic in winning opportunities
Ability to prioritize multiple competing tasks
Detailed attention to presentation and strong organizational skills
Can communicate effectively and able to present loan transactions to investment committee
Results oriented in a deadline driven work environment
High energy, self-motivated and ability to make immediate, logical decisions
Brings transparency and a 'team approach' mentality
Benefits
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
Company
Barings
Barings is a $470+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions.
Founded in 1762London, England, GBR
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2002-12-27IPO
Leadership Team
Ian M. Fowler, CFA
CEO & President - Barings Private BDC (BCIC)
Mike Freno
Chairman and CEO, Barings LLC
Recent News
2024-05-07
2024-04-28
2024-04-28
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