Impact Finance Affordable Housing - Project Manager jobs in United States
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U.S. Bank · 18 hours ago

Impact Finance Affordable Housing - Project Manager

U.S. Bank is on a journey to help customers and communities thrive. They are seeking a Project Manager for Impact Finance Affordable Housing who will underwrite and support closings for debt and equity investments, manage customer relationships, and coordinate with internal teams to facilitate financing opportunities.

BankingFinancial ServicesInsuranceMortgageWealth Management

Responsibilities

Underwrites and supports closings for debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC) in market areas serviced by U.S. Bancorp Impact Finance
Manage relationships with customers and internal production and/or Syndications and Business Development Officers in negotiating terms of construction lending
Engages third party professionals in coordinating the drafting, collection, and review of documents and works with internal parties to model and produce financial projections necessary to close the lending opportunities and support the Bank’s investments
Coordinates with internal employee teams in preparing and funding initial closing draws and transition closed deals 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
Ability to prioritize workflow, communicate deliverable timelines clearly in verbal and written communication

Qualification

Construction financeFinancial modelingLIHTC knowledgeExcel proficiencyAnalytical skillsInterpersonal skillsVerbal communicationWritten communication

Required

Typically Bachelor's degree and five or more years of related experience
OR
MBA/JD with one or more years of directly related experience
Ability to prioritize workflow, communicate deliverable timelines clearly in verbal and written communication

Preferred

Some knowledge of construction finance, interest reserve sizing, financial modeling, multifamily real estate, U.S Bank credit policy and/or accounting
Systems knowledge including appraisal ordering and review, precision lender, and ncino credit package approvals
Proficient computer skills especially in excel and financial spreadsheets and modeling
Some knowledge of LIHTC 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

Company

U.S. Bank

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At U.S.

Funding

Current Stage
Public Company
Total Funding
$991M
Key Investors
U.S. Department of the TreasuryMitsubishi UFJ Financial Group
2023-09-29Post Ipo Debt· $55M
2023-08-03Post Ipo Debt· $936M
1978-01-13IPO

Leadership Team

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John C Stern
CFO
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C
Chris Lenhart
Executive Vice President & Deputy General Counsel
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Company data provided by crunchbase