CDC Syndications - Project Manager

Company: U.S. Bank
Location: Augusta
Posted on: September 25, 2022

Job Description:

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, were one of the country's most respected, innovative and successful financial institutions. 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.Job DescriptionNegotiates, structures, underwrites, and closes equity and debt investments that utilize Renewable Energy Tax Credits (RETC), Low-Income Housing Tax Credits (LIHTC), Historic Tax Credits (HTC), and/or New Markets Tax Credit (NMTC) programs in market areas serviced by U.S. Bancorp Community Development Corporation (USBCDC). The Syndications Project Manager will likely focus their time on Renewable Energy Tax Credit projects and closings; however, there will be opportunity to work on closings that include LIHTC, NMTC, and HTC.Manages relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of investment. Engages third party professionals (attorneys, accountants, etc.) in coordinating the drafting, collection, and review of documents and financial projections necessary to close the investments. Coordinates with portfolio managers in preparing and funding initial closing funds and transition investment to the portfolio management and asset/fund management departments for ongoing maintenance and management. Participates in the establishment of policies and procedures necessary for accomplishing the group's tasks.Basic Qualifications

• Bachelor's degree and six or more years of related experienceOR
  • MBA/JD with three or more years of directly related experiencePreferred Skills/Experience
    • Thorough understanding of tax credit investment management and knowledge of regulatory and company risk policies
    • Strong knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
    • General real estate development and/or property management background preferred
    • Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred
    • Well-developed analytical and problem-solving skills
    • Effective interpersonal, verbal and written communication skillsIf theres anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .Benefits:Take care of yourself and your family with U.S. Bank employee benefits. We know that healthy employees are happy employees, and we believe that work/life balance should be easy to achieve. That's why we share the cost of benefits and offer a variety of programs, resources and support you need to bring your full self to work and stay present and committed to the people who matter most - your family.Learn all about U.S. Bank employee benefits, including tuition reimbursement, retirement plans and more, by visiting careers.usbank.com .EEO is the LawApplicants can learn more about the companys status as an equal opportunity employer by viewing the federal EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) poster.E-VerifyU.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 E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .Salary range reflected is an estimate of base pay and is for the primary location. Base pay range may vary if an offer is made for work in a different location. Pay Range: $101,150.00 - $119,000.00 - $130,900.00Due to legal requirements, U.S. Bank requires that the successful candidate hired for some positions be fully-vaccinated for COVID-19, absent being granted an accommodation due to a medical condition, pregnancy, or sincerely held religious belief or other legally required exemption. For these positions, as part of the conditional offer of employment, the successful candidate will be asked to provide proof of vaccination or approval for an accommodation or exemption upon hire.U.S. Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.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.

Keywords: U.S. Bank, New England , CDC Syndications - Project Manager, Accounting, Auditing , Augusta, Northeast