Huntington National Bank · 7 hours ago
CIC Project Manager II
Clayton, MO
Full-time
Hybrid
Mid, Senior Level
$70K/yr - $140K/yr
4+ years expHuntington National Bank is seeking a CIC Project Manager II to lead tax credit equity and debt underwriting for affordable housing projects. The role involves managing relationships with developers and internal teams, conducting financial modeling, and ensuring compliance with tax provisions.
Asset ManagementFinanceFinancial Services
Responsibilities
Lead underwriting and closing for debt facilities and equity investments, and coordinating successful, timely closings with all internal and external groups (e.g., closers, loan administrators, RETS, third-party reports, counsel, other lenders, etc.). Ensure proposed tax credit financed project complies with all tax provisions required to maximize investment value, including 704(b) capital account analysis. Work with counsel to negotiate partnership agreement terms that protect the Banks’ ownership interest in LIHTC investments and ensure consistency between the Bank’s lending documents and partnership documents
Acting as primary contact with the developer during the underwriting and closing process with an emphasis on building relationships
Financial modeling of tax benefits and capital account analysis, sources and uses, capital stack, development budget, operating budget pro forma, cash flow, benefit schedule, and other relevant analyses
Intermediate proficiency in understanding and identifying associated risks (especially those particular to tax credit developments and IRC Section 42), and the ability to describe and/or devise mitigants
Drafting and presenting comprehensive memoranda summarizing the transaction, including deal structure, budgets, guarantor analysis, compliance, risks and mitigants, risk ratings, and final recommendations. Memos should be of high quality and based on sound underwriting
Assisting in continuous improvement and development of various CIC infrastructure projects
Collaborating with other CIC colleagues to create Best in Class project management, underwriting, closing, and asset management platform
Working with CIC business development on analyzing and structuring opportunities prior to issuance of term sheets
Acting as a key point of contact with Credit in investments and loans via regular and substantive updates to key issues
Training junior employees and analysts
Demonstrating strong stewardship over Huntington’s financial and community impact interests internally and in the communities where we invest
Representing the Bank in industry events and participate in industry leading discussions, including policy
Qualification
Required
Bachelor's degree from accredited university. Finance, accounting, or business degree
4+ years of LIHTC experience
2+ years of LIHTC (or CRE) underwriting and closing experience
Preferred
6+ years of LIHTC experience
4+ years of LIHTC (or CRE) underwriting and closing experience
Tax credit syndications experience
Technical knowledge of the LIHTC program
Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products
Intermediate proficiency in excel modeling of debt and equity investments
Intermediate knowledge of limited partnership agreements and loan documents with focus on guarantees and security
Intermediate understanding of analyzing sponsor financial statements, real estate owned schedules, contingent liabilities, organizational structures, and business plans
Strong presentation skills to Credit and other internal stakeholders
Embrace Huntington's values of Can-Do Attitude, Forward Thinking, and Service Heart
Focus on Action
A developed and focused growth mindset with the ability to pivot and be nimble in a growing division
Knowledge of financial, accounting and/or technology systems
Ability to work under tight deadlines and under pressure
Ability to identify problems and recommend appropriate solutions
Strong presentation skills
Natural intellectual curiosity to assist in growing products and services
Benefits
Health insurance coverage
Wellness program
Life and disability insurance
Retirement savings plan
Paid leave programs
Paid holidays
Paid time off (PTO)
Company
Huntington National Bank
Huntington National Bank offers consumer, small business, and commercial banking, mortgages, wealth, and insurance services.
10001+ employees
H1B Sponsorship
Huntington National 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 (120)
2024 (118)
2023 (84)
2022 (114)
2021 (67)
2020 (48)
Funding
Current Stage
Public CompanyTotal Funding
$1.75B2024-11-18Post Ipo Debt· $1.75B
1978-01-13IPO
Leadership Team
Donnell White
Senior Vice President - Chief Inclusion Officer
Dontae Noel
Emerging Payments & Platforms Strategy
Recent News
2025-12-31
2025-12-30
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