Fund Strategy and Structuring, Director
About The Position
The Director of Fund Strategy & Structuring is responsible for the strategic and financial performance of HCI’s Multi Investor Funds (MIFs) across the full fund lifecycle—from pre closing strategy through post closing execution and pre stabilization. This role is designed to move fund modeling from a transactional, shared service function to a core strategic capability that drives revenue optimization, execution discipline, and innovation. The Director will serve as the single point of accountability for fund level strategy, analytics and structuring, partnering closely with Investor Relations, Acquisitions, Capital Originations, Treasury, Credit, and Asset Management to improve capital deployment, minimize friction, and accelerate HCI revenue.
Requirements
- 5+ years of experience in LIHTC fund modeling, multi‑investor fund structures, or similarly complex investment vehicles.
- Deep understanding of investor dynamics, credit delivery mechanics, and fund‑level revenue drivers.
- Strong systems thinker with a track record of process improvement and innovation.
- Highly service-oriented, self-motivated, able to work independently and within a team, and effective at problem-solving.
- Advanced Excel modeling; strong written and oral communication; Salesforce preferred.
Responsibilities
- Lead deal allocation strategy for MIFs, partnering with IR and Acquisitions to assemble project lists and investor rosters that optimize tax credit delivery, fee generation, and overall fund characteristics.
- Provide senior‑level scenario analysis evaluating the revenue, timing, and risk implications of different investor mixes, deal sequencing, and structuring alternatives.
- Introduce strategic intelligence into fund assembly decisions (e.g., investor concentration, deal mix trade‑offs, impact on bridging and incentive fees), filling a current gap in HCI’s process.
- Own the MIF fund model as a strategic tool throughout the fund lifecycle—during offering, closing, post‑closing, and pre‑stabilization.
- Ensure continuity, accuracy, and decision‑usefulness of the model as assumptions evolve and deals progress.
- Monitor federal and state credit delivery and flag timing or volume variances that could impact investors or HCI revenue.
- Maintain real‑time tracking of net and gross equity overages and shortfalls across all MIFs to enable early intervention, deal replacement, or reallocation decisions.
- Own the fund‑level bridging strategy, including the decision framework for using internal resources versus third‑party subscription lines.
- Partner with Treasury to establish clear policies and procedures governing bridge usage, cost, and risk tolerance.
- Develop tools to track bridge loan interest expense on a per‑fund basis and ensure accurate accounting and attribution.
- Build reporting to distinguish intentional, revenue‑generating bridging from unforecasted or execution‑driven bridging.
- Drive continuous improvement of the MIF fund model, including business intelligence, usability, and analytical flexibility.
- Establish a clearer framework and policy approach around Equity Advance Notes (EANs), including revenue attribution between HCI and ECP.
- Cultivate innovation in MIF strategy, particularly in the pre‑closing and pre‑stabilization phases, to enhance execution efficiency and unlock incremental revenue opportunities.
- Operates with significant autonomy and judgment, escalating issues strategically rather than tactically.
- Influences cross‑functional decision‑making without direct line authority.
- Serves as a subject‑matter leader on fund economics, capital efficiency, and MIF strategy across HCI.
Benefits
- annual performance bonuses
- generous paid leave programs
- dental, health, and vision care plans
- family-building benefits such as adoption and surrogacy support
- flexible work arrangements
- health advocacy
- Employee Assistance Program (EAP)
- mental health benefits
- financial education
- wellness programs
- auto-enrollment in the company’s 401(k) plan with employer matching contributions
- learning and development opportunities
- tuition reimbursement for job-related courses and certifications
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
