U.S. Bank Looking for Impact Finance Syndications Project Manager Associate (affordable Housing & Nmtc) at Saint Louis, MO, United States Full Time

Job Description

At U.S. Bank, wexe2x80x99re 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 atxe2x80x94all from Day One.

This role has multiple levels, open to candidates with 5+ years related experience, or an MBA/JD with 1+ years of related experience. The successful candidate will be hired for the level of the position that aligns with their experience.

USBIF is currently seeking a candidate to join our growing team of tax credit syndication professionals as a Project Management Associate (PMA). The PMAxe2x80x99s responsibilities include supporting the underwriting, structuring, negotiating, and closing of complex equity and debt investments with tax equity investors. The PMAxe2x80x99s primary focus will be on tax equity syndications utilizing Low Income Housing Tax Credits (LIHTC) and New Markets Tax Credits (NMTC), with a secondary focus on Renewable Energy Tax Credits (RETC) and/or Historic Tax Credits (HTC). The PMA will support the preparation and negotiation of legal documentation, preparation of financial models, provision of due diligence deliverables, obtainment of credit approval, and closing of investments.

Job Responsibilities:

• Participate and support syndications Project Managers during the closing of tax equity investments by investors.
• Engage and manage third party professionals including attorneys, accountants and consultants.
• Review complex legal documents pertaining to structured credit arrangements and investments; works with counsel and business partners to negotiate with investors and manage risks on behalf of USBIF.
• Prepare, review, analyze and negotiate financial models and address investor questions and requests.
• Prepare and provide diligence materials requested by investors, counsel and/or consultants in furtherance of investorxe2x80x99s internal and external approval processes; reviews, analyzes and responds to questions or requests regarding the investment structure, underlying projects and/or USBIF.
• Prepare, submit and obtain internal investment approvals.
• Successfully transition closed investments to Syndication Fund Managers for ongoing management and investor relations.
• Coordinate with internal and external USBIF departments to facilitate underwriting and closing of project-level loans and investments.
• Close transactions in accordance with bank policies while managing customer expectations and timelines.
• Participate in special projects, including the development and revision of internal policies and procedures.
• Actively ensure compliance with the U.S. Bank Code of Ethics and all Antixe2x80x90Money Laundering, Bank Secrecy Act, and information security policies and procedures. Follow account opening procedures and internal suspicious activity referral requirements and processes.

Basic Qualifications
– Typically Bachelor’s degree and five or more years of related experience
OR
– MBA/JD with one or more years of directly related experience

Preferred Skills/Experience

• Understanding of tax credit investment programs and structures, along with knowledge of regulatory and company risk policies.
• Knowledge of or experience with financial modeling techniques and/or legal document negotiation.
• Ability to drive components of projects.
• Knowledge of construction finance, legal documentation, real estate property management, and/or accounting.
• Ability to review and synthesize a large quantity of deal related documentation and materials, including third party reports, loan/investment documents, and other legal documents. Able to identify key issues and concerns, manage review timelines, and problem solve using creativity and innovation.
• Excellent time management skills with the ability to effectively manage client timelines and needs. Ability to identify obstacles and manage expectations, both internally and externally.
• Effective listener and advanced communication skills, both oral and written.
• Highly motivated self-starter who has a good attention to detail, growth mindset, and ability to be comfortable in periods of unpredictability.
• Ability to work independently as well as collaboratively in a team environment.
• Demonstrated interest in promoting diversity in the workplace and a commitment to maximizing equitable access to the benefits of tax credit investments.

U.S. Bancorp Community Development Corporation d/b/a U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities. Visit USBIF on the web to find out more at .

U.S. Bancorp Community Development Corporation is now operating as U.S. Bancorp Impact Finance. All job postings under U.S. Bancorp Impact Finance reside within the USBCDC organization.

If therexe2x80x99s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our .

Learn how drives meaningful relationships with our customers and collaboration across the company.

Benefits:

Our approach to benefits and total rewards considers our team membersxe2x80x99 whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

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

EEO is the Law

U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the companyxe2x80x99s status as an equal opportunity employer by viewing the federal EEO poster.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the .

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,480.00 – $108,800.00 – $119,680.00

U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.

U.S. Bank