Affordable Housing Originator - US Public Finance and Solutions

Position Overview

Job Title: Affordable Housing Originator - US Public Finance and Solutions

Corporate Title: Director

Location: New York, NY

Overview

The US Public Finance & Solutions business operates within the US Rates franchise of the broader Rates/Fixed Income and Currencies (FIC) business at Deutsche Bank; it is a business comprised of origination, structuring, financing, and trading activities. We are seeking a proven Senior Originator to grow our affordable housing platform by sourcing, structuring, and closing high quality transactions—primarily LIHTC driven developments using tax exempt bonds. You will be responsible for independently sourcing, structuring, and managing the underwriting and diligence of transactions. You will build and expand a high-quality pipeline of affordable housing debt opportunities focused on tax-exempt bond transactions or bridge lending which will lead to tax-exempt bond exits. The individual will lead the transaction from origination through execution including structuring, overseeing credit underwriting, credit approval, legal documentation, and ultimate transaction execution. Given the size of the team, it is an extremely interactive role where you will be empowered to work both as part of a team but also with clearly defined responsibilities. This is a fantastic opportunity to be involved in an exciting and diverse market while learning about an array of financial instruments under the guidance of a very experienced origination/structuring team.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift, and volunteer programs

What You’ll Do  

• Originate a robust pipeline of affordable housing debt
• Lead deal strategy and structuring end to end: terms, covenants, collateral, intercreditor mechanics, craft and negotiate term sheets
• Own credit fundamentals (LTV, DSCR, operating pro forma, stress cases) and champion sound underwriting assumptions throughout diligence and credit approval
• Execute tax exempt private placement bond transactions (construction and perm), coordinating borrower, issuer, trustee, and bond counsel
• Drive credit memo preparation and credit presentations, articulating risks, mitigants, and market comps; ensure transparent escalation of key issues
• Partner cross functionally with Underwriting, Portfolio/Asset Management, Legal/Closing, Desk, and Servicing to deliver on time, no surprises closings

How You’ll Lead

• Mentor junior team members on origination best practices and structuring as production scales
• Represent the platform at industry events, panels, and HFA outreach to expand brand visibility and origination coverage
• Ensure on-going communication on all aspects of the loan process with key stakeholders

Skills You’ll Need

• 7-10+ years in affordable housing financed focused on originations with a consistent record of closed transactions
• Ability to take ownership for loan transactions and manage workload with minimal supervision
• Thorough product knowledge of Affordable Housing and LIHTC financing; significant experience structuring tax-exempt financing
• Credit/investment analysis proficiency (development budgets, sources/uses, lease up/operating pro formas, guarantor analysis, sensitivity cases) and strong memo writing

Skills That Will Help You Excel

• Excellent critical thinking and decision-making skills
• Excellent verbal and written communication skills
• Strong attention to detail
• Proven management capability

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York City is $190K to $300K. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

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We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .