Fund Manager - LIHTC

PNC Bank•Portland, OR

5h•Hybrid

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Requirements

Roles at this level typically require a university / college degree, with 5+ years of industry-relevant experience.
Specific certifications are often required.
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Bachelors
No Required Certification(s)
No Required License(s)
This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Nice To Haves

Capital Management
Change Management
Credit Assessment
Equity Research
Financial Analysis
Investments
Management Reporting
Results-Oriented
Accuracy and Attention to Detail
Decision Making and Critical Thinking
Effective Communications
Fund Management
Fund Performance Analysis
Investment Performance Measurement
Investment Reporting
Problem Solving
Tax Regulations

Responsibilities

Creates and manages performance of complex multi-investor and proprietary fund offerings from initial closing through term of the investment.
Evaluates and reports upon data consistent to fund performance.
Manages all aspects of fund closings and fund modifications that would affect fund metrics.
Analyzes and reporting fund-level metrics, elevating issues that might affect the fund to the manager of fund management, recommends alternative structures as appropriate.
Provides fund summary information and responds to investor questions.
Performs internal and external reporting on fund performance, ad hoc and specific analytic tasks as requested.
Develops and maintains the upper tier model to ensure assumptions are consistent with internal and investor requirements.
Assists with pricing analysis.
Evaluates requested transaction-level modifications and exceptions to guidelines for matters affecting the funds, including but not limited to early release of equity, changes to transactional cash flow, dispositions, etc.
Manages the process of investment fund capital and revenue through investment calls for investors and, as appropriate, calls on lines of credit as a means to manage capital.