Impact Finance Affordable Housing - Project Manager
U.S. BankAbout the role
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
The Impact Finance AH Project Manager negotiates, structures, underwrites, and closes debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC), in market areas serviced by U.S. Bancorp Impact Finance. They will manage relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of construction lending and equity investments. This position engages third party professionals in coordinating the drafting, collection, and review of documents and financial projections necessary to close the lending opportunities and support the Bank’s investments. They will coordinate with internal employee teams in preparing and funding initial closing funds and transition closed loans to the portfolio management and asset/fund management departments for ongoing maintenance and management. Additionally, they participate in the establishment of policies and procedures necessary for accomplishing the group's tasks.
- Typically Bachelor's degree and five or more years of related experience
OR
- MBA/JD with one or more years of directly related experience
- Basic knowledge of risk assessment and evaluating targeted returns from investments
- Some knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
- General real estate background preferred
- Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred
- Well-developed analytical and problem-solving skills
- Effective interpersonal, verbal and written communication skills
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:
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
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
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