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Impact Finance Affordable Housing - Project Manager

$98.18k - $115.5k

U.S. Bank

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 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 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. Basic Qualifications Typical Bachelor's degree and five or more years of related experience Or MBA/JD with one or more years of directly related experience Preferred Skills/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 three or more days per week and the flexibility to work outside the office location for the other days. 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 Pay Range: $98,175.00 - $115,500.00 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. 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. 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. #J-18808-Ljbffr Us Bank

Vacancy posted 4 days ago
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