Impact Finance - Syndications Fund Manager

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

This role has multiple levels, open to candidates with at least 5 years minimum experience with tax credits. The successful candidate will be hired for the level of the position that aligns with their experience.

The Impact Finance Syndications Senior Fund Managers strengthen the firm's relationships with existing accounts and drive continuous service improvements with the ultimate focus on business retention. The Syndications Senior Fund Manager will primarily focus on LIHTC/NMTC Funds and will be the primary face of U.S. Bancorp Impact Finance to upper tier investors on a post close basis. The Syndications area is responsible for supporting the distribution of products to institutional investors as a syndicate.

The Syndications Senior Fund Manager is responsible for preparing and delivering annual and quarterly reports to investors, facilitating the preparation of syndicated funds’ financial models, coordinating the preparation of syndicated funds’ annual audited financial statements and tax returns, processing of syndicated funds’ legal documentation and invoices, and managing the various needs of the syndicated funds from close to investor exit.  Additionally, the Syndications Senior Fund Manager communicates with internal Impact Finance Asset Managers and investors on lower tier requests to gain investor consent.  The Syndications Senior Fund Manager will lead various strategic initiatives to drive operational efficiency for the Fund Management team and Syndications as a whole.

Basic Qualifications
- Typically Bachelor's degree, or equivalent work experience
- Typically five or more years of related experience

Preferred Skills/Experience

- Strong skills in financial analysis, understanding of financial models, and familiarity with internal rate of return concepts

- Understanding of partnership tax returns, financial statements, tax concepts and/or partnership law and legal documents

- Basic knowledge of risk assessment and evaluating targeted returns from investments

- Ability to prioritize work, initiate projects/tasks, and meet deadlines with minimal supervision

- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and financial models

- Ability to formulate creative solutions and think ‘outside of the box’

- Ability to lead and drive strategic initiatives/ special projects with multiple stakeholders with minimal supervision

- Knowledge of the LIHTC and NMTC Programs

Location Expectations 
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days. 

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origi