Impact Finance Affordable Housing - Financial Modeling 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

U.S. Bancorp Impact Finance is seeking an experienced finance professional to join our growing Affordable Housing team as a real estate Financial Modeling Manager . The Modeling Manager will be responsible for conducting financial modeling and analysis of Low-Income Housing Tax Credit (LIHTC) equity investments and debt transactions.

The Modeling Manager will work directly with Business Development Officers, underwriting Project Managers, and Asset Managers throughout all deal phases to ensure deals balance profitability and risk targets. The goal is to ensure deals are structured correctly to meet investment program requirements. The individual will be responsive to a range of internal and external stakeholders through clear and timely communication of financial concepts.

The Financial Modeling Team currently consists of 6 Modeling Managers reporting to the Assistant Director of Financial Modeling.

Essential Functions

• Performs and supports deal level financial and profitability modeling including; deal input, IRR analysis, deal structuring, issue resolution, model customization for unique deal structures, and financial quality control, with proficiency in Excel.

• Serve as a critical deal team member during the origination, underwriting, closing, and asset management process.

• Provide ongoing technical support, training, and issue resolution, along with an ability to explain and troubleshoot complex formulas and dependencies.

• Provide highly responsive financial support to internal relationship managers, underwriters, and asset manager stakeholders to meet deal timelines and exceed customer expectations.

• Collaborate with external customers, accountants, and legal counsel to effectively structure, develop, and manage deal closing projections, with knowledge of database management and the ability to work with large datasets to extract, clean, and analyze data.

• Collaborate cross-functionally to connect financial information with Impact Finance syndication investment funds through timely communication, technology innovation, and financial process improvement, leveraging advanced Excel skills and programming languages for data analysis and automation.

• Effectively communicate and synthesize inputs, outputs, and key assumptions within a financial model to various financial and non-financial stakeholders, using data visualization tools to create and present reports and dashboards.

• Efficiently prioritize and complete a multitude of complex analysis and modeling projects, often on short timelines, with strong project management skills and the ability to multi-task on numerous projects simultaneously.

Basic Qualifications

• Bachelor's degree and six or more years of related experience OR

• MBA/JD with three or more years of directly related experience

Preferred Skills/Experience

• Strong analytical skills and proficiency in Excel, including the ability to manipulate, design, and troubleshoot complex Excel underwriting spreadsheets.

• Ability to multi-task on numerous projects and tasks simultaneously, with strong project management skills.

• Effective communication and teamwork skills, with the ability to work collaboratively in a team environment.

• Experience with credit analysis, debt structuring, and partnership modeling.

• Excellent verbal and written communication skills with experience explaining financial concepts to a wide range of stakeholders and customers

• Detailed understanding of deal profitability metrics, IRR, Shareholder Value Analysis and financial drivers

• Bachelor's degree in business, accounting, economics, mathematics, finance, or a related field. CPA or Master's degree preferred.

• At least 6 years of experience in underwriting, structuring real estate projects, and credit analysis, with specific knowledge of tax issues impacting limited partnerships and Section 42 projects highly preferred.

U.S. Bancorp Community Development Corporation is now operating as U.S. Bancorp Impact Finance. All job postings under U.S. Bancorp Impact Finance reside within the USBCDC organization.

Location

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

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program ( .

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: $111,605.00 - $131,300.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.