Impact Finance - Construction Coordinator

U.S. Bank • St. Louis, MO

1d • $26 - $34 • Hybrid

About The Position

Provides support for the Construction Risk Management team by monitoring the team’s shared email inbox and distributes approximately 200-300 emails monthly. Processes and files correspondence accurately to ensure a timely response. Accurately enters construction draw packages into Gateway database, reviews PDF files, extracts and labels documents appropriately and saves them to the correct folder on the server within several hours of receipt. Completes preliminary reviews of construction draws for LIHTC investments/loans and notifies the Construction Risk Manager (CRM) of any missing documentation. Works in partnership with CRMs to collect required due diligence. Communicates with external Construction Consultants to obtain monthly consultant reports and invoices. Uses AFS to retrieve loan statements. Collaborates with Portfolio Servicing Analyst and Loan Servicing Specialist to ensure real estate taxes are paid and insurance requirements are met. Should demonstrate basic analytical and problem-solving skills, along with interpersonal, written and verbal communication skills.

The US Bancorp Impact Finance (USBIF) portfolio of multifamily commercial loans and tax credit equity investments (the “Assets”) involves Low-Income Housing Tax Credits (LIHTCs) and may also include Historic Tax Credits (HTCs) and/or Renewable Energy Tax Credits (RETCs). The Assets are held by USBIF or other affiliates of US Bank and US Bancorp, and provide tax, cash and CRA benefits to US Bank NA.

Requirements

• Basic analytical and problem-solving skills
• Interpersonal, written and verbal communication skills

Nice To Haves

• Ability to thrive in a process-oriented, daily deadline-driven role with a rapid turnaround required
• High attention to detail with ability to interpret financial and other data and identify and resolve exceptions or missing items
• Ability to forge positive and trusting relationships among colleagues with diverse work styles
• Excellent verbal, written, and interpersonal communication skills
• Basic understanding of credit requirements and adherence to policy and procedures

Responsibilities

• Monitor and distribute emails from the team's shared inbox.
• Process and file correspondence accurately for timely responses.
• Enter construction draw packages into the Gateway database.
• Review PDF files, extract and label documents, and save them to the correct server folders.
• Complete preliminary reviews of construction draws for LIHTC investments/loans.
• Notify the Construction Risk Manager (CRM) of any missing documentation.
• Collect required due diligence in partnership with CRMs.
• Communicate with external Construction Consultants to obtain monthly reports and invoices.
• Retrieve loan statements using AFS.
• Collaborate with Portfolio Servicing Analyst and Loan Servicing Specialist to ensure real estate taxes are paid and insurance requirements are met.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level