Impact Finance AH Project Manager

U.S. Bank • Denver, CO

2d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. 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 will 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 will 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.

Requirements

• Typically Bachelor's degree and six or more years of related experience Or, MBA/JD with three or more years of directly related experience
• Working knowledge of risk assessment and evaluating construction and permanent loan requests and basic knowledge of evaluating targeted returns from investments
• Experience with construction finance, legal documentation and requirements, real estate property management, and accounting
• Strong systems knowledge including appraisal ordering and review, precision lender, and nCino credit package approvals
• General real estate background
• Well-developed analytical and problem-solving skills
• Effective interpersonal, verbal and written communication skills
• Ability to prioritize workflow, communicate deliverable timelines clearly in verbal and written communication.

Responsibilities

• negotiates, structures, underwrites, and closes debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC)
• manage relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of construction lending and equity investments
• 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
• 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
• participate in the establishment of policies and procedures necessary for accomplishing the group's tasks

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: Mid Level
• Number of Employees: 5,001-10,000 employees