Production Analyst Sr - Tax Credit

PNC Bank • Louisville, KY

5d • $55,000 - $127,025 • Remote

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. As a Tax Credit within PNC's Commercial Real Estate organization, you will be based in within PNC's footprint. Performs complex qualitative and quantitative analysis of property operations such as credit facilities, crossed pools and cost recoup analyses to determine the viability of a proposed loan. Analyzes and understands financial statements and other documents to evaluate the risk profile of more complex transactions, which could include institutional ownership structures and site-specific matters. Conducts more in-debth analysis and structuring process for complex individual properties or a portfolio. Develops narrative for submission to Credit and agencies with qualitative and quantitative analysis at a more senior level, including the structure of the transaction, sponsorship behind the deal, financial statements, real estate schedules, expense statements, market information, creditworthiness and any deviations from underwriting guidelines Drafts, reviews and analyzes complex term sheets and applications for potential transactions. PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be: Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Requirements

• 5+ years of experience in affordable housing finance, LIHTC underwriting, or related field.
• Strong proficiency in Excel and financial modeling; familiarity with tax credit structures and partnership accounting is a plus.
• Excellent analytical, organizational, and communication skills.
• Ability to manage multiple projects and deadlines with high attention to detail.
• Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role.
• Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
• Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience.
• Certifications are often desired.

Nice To Haves

• Knowledge of LIHTC compliance requirements and state allocation processes.
• Experience with real estate development or syndication.
• Familiarity with tax credit equity and debt financing structures.
• Capital Management
• Consumer Lending
• Credit Assessment
• Economic Policy
• Innovation
• Investments
• Loan Agreements
• Results-Oriented
• Structuring
• Accuracy and Attention to Detail
• Credit Analysis and Verification
• Customer Experience Management.
• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Financial Analysis
• Products and Services
• Quantitative Techniques
• Selling

Responsibilities

• Financial Analysis & Modeling:
• Prepare and review detailed financial models for LIHTC and other tax credit transactions.
• Analyze project feasibility, including development budgets, operating pro formas, and investor returns.
• Conduct sensitivity analyses to assess risk and performance under varying scenarios.
• Transaction Management:
• Coordinate with internal teams and external partners to facilitate deal closings.
• Track and monitor key milestones and deliverables throughout the transaction lifecycle.
• Maintain accurate records and documentation for audit and compliance purposes.
• Market & Program Research:
• Stay current on LIHTC regulations, tax credit programs, and industry trends.
• Provide insights and data to support strategic decision-making and pipeline development.

Benefits

• PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
• Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives.
• In addition, PNC generally provides the following paid time off, depending on your eligibility: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.
• To learn more about these and other programs, including benefits for full time and part-time employees, visit Your PNC Total Rewards .

What This Job Offers

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