Elavon Europe ยท 3 hours ago
Impact Finance - Affordable Housing Project Manager/Underwriter
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Financial Services
Insider Connection @Elavon Europe
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Responsibilities
Negotiates, structures, underwrites, and closes equity and debt investments that utilize Low-Income Housing Tax Credits (LIHTC) programs in market areas serviced by U.S. Bancorp Impact Finance.
Manages relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of investment.
Engages third party professionals (attorneys, accountants, etc.) in coordinating the drafting, collection, and review of documents and financial projections necessary to close the investments.
Coordinates with portfolio managers in preparing and funding initial closing funds and transition investment to the portfolio management and asset/fund management departments for ongoing maintenance and management.
Participates in the establishment of policies and procedures necessary for accomplishing the group's tasks.
Qualification
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Required
Typically Bachelor's degree and six or more years of related experience
OR
MBA/JD with three or more years of directly related experience
Preferred
Thorough understanding of tax credit investment management and knowledge of regulatory and company risk policies
Strong knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
General real estate development and/or property management background preferred
Well-developed analytical and problem-solving skills
Effective interpersonal, verbal and written communication skills
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