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Impact Finance - Affordable Housing Asset Management Coordinator

$75.82k - $89.2k

U.S. Bancorp

Job Coordinator For Low Income Housing Tax Credit Investments

Will act as a coordinator for a portfolio of Low Income Housing Tax Credit investments, monitoring customer requests as they are received and assigning tasks, as applicable. Assisting members of the asset management team in the management and review of a portfolio of investments to ensure benefit delivery to investors and while maintaining superior customer service for external clients. Maintains and expands relationships with partners, borrowers, and other external parties associated within portfolio. Monitors portfolio performance and assigns risk ratings in accordance with policy. Reviews and interprets operating agreements, loan agreements and other legal documents relating to equity investments and loans in order to protect the divisions rights and financial interests. Prepares internal written and verbal reporting on portfolio performance. Ensures that assigned investment projects adheres to U.S. Bancorp policies and procedures and conforms to regulatory requirements. Responsible for keeping current on various tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management of investments and loans. Participates in the establishment of policies and procedures necessary for accomplishing the team's tasks.

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

Preferred Skills/Experience

- Some knowledge of tax credit investment management with experience interpreting legal documentation and requirements.- Well-developed analytical and problem-solving skills- Strong interpersonal, written and verbal communication skills- Highly motivated, able to work independently, and possesses acute attention to detail- Some knowledge of LIHTC, RTC and/or NMTC preferred

- Strong customer services skills

- Proficient Microsoft Excel skills

U.S. Bancorp Community Development Corporation d/b/a U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities.

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:

  • 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 origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $75,820.00 - $89,200.00

Vacancy posted 2 days ago
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