Director, LIHTC Fund Management - Aegon AM

Job Description Summary

Aegon Asset Management (Aegon AM) is a leading global investor. Our 365 investment professionals manage and advise on assets of US $343 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.

We are an international business: Our 1,130 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Position Overview:

Lead fund management services through fund structuring, financial modeling, onboarding new investors, management reporting, and external investor reporting for the Low-Income Housing Tax Credit (LIHTC) platform, ensuring adherence to mandates and fund provisions.

Job Description

Responsibilities:

• Lead a team of financial analysts in the structuring and optimization of financial models to support the tax credit platform and ensure adherence to mandate/fund provisions.
• Oversee modeling of newly closed transactions, true-ups, annual calculations and potential transactions.
• Utilize a thorough understanding of the LIHTC business, including proprietary and multi-investor funds, to develop financial reports and complex models for forecasting, trending and results analysis to meet investor requirements.
• Streamline processes by creating more efficient methods of gathering, sorting and accessing data.
• Participate in fund closing process including final review of legal documents, closing models, and investor deliverables.
• Interpret tax credit transactions, support fund design and ongoing fund management, and events for investors; may offer recommendations to those making economic or business decisions.
• Direct/review preparation of internal management reports and external investor reporting.
• Develop investor analysis and trend reporting and provide updates to senior management.
• Develop solutions and tools to leverage the platform and the investor experience.
• Communicate regular updates to real assets portfolio managers, leadership, acquisitions and asset management heads including presentations, executive summaries, and KPI progress.
• Work across functions to obtain and synthesize information from the deal teams, reporting and accounting teams.
• Be an operational thought leader for existing and prospective investors.
• Lead the team providing daily support to prospective and current investors across the Global Real Asset Tax Credit platform.
• Manage, lead and support team members including hiring, training, coaching, ongoing career development, performance management, and succession planning; ensuring staff demonstrates appropriate customer service attitude.
• Adhere to Company’s framework of internal controls, monitoring compliance to regulatory policies and procedures.

Required Qualifications:

• Bachelor’s degree in finance, business, real estate, or relevant field, or equivalent experience.
• Six years of real estate experience, including in real estate equity and/or real estate debt products, quantitative analysis, real estate finance or related field.
• Financial modeling experience · Excellent verbal and written communication skills to articulate investment strategy via investor presentations.
• Deep financial and analytical skills · Excellent organizational and time management skills.
• Proactive; act with a sense of urgency with internal and external investor requests.
• Excellent interpersonal skills in a team-oriented environment.
• Ability to exercise independent judgment and accomplish tasks with little oversight.

Preferred Qualifications:

• MBA or relevant post-graduate degree.
• CFA designation.
• Investran software experience.
• Background in real estate underwriting or asset management.

Job and compensation levels depend upon an applicant’s qualifications including the extent of candidate’s relevant experience and