Impact Finance Professional

4 weeks ago


Chicago, Illinois, United States U.S. Bank Full time

We are seeking a highly skilled and experienced professional to join our team at U.S. Bank as a Impact Finance Professional. In this role, you will be responsible for negotiating, structuring, underwriting, and closing equity and debt investments that utilize Low-Income Housing Tax Credits (LIHTC) programs in market areas serviced by U.S. Bancorp Impact Finance.

Key Responsibilities:

  • Negotiate and structure equity and debt investments that utilize LIHTC programs
  • Manage relationships with customers and internal Production and/or Syndications Business Development Officers
  • Engage third-party professionals in coordinating the drafting, collection, and review of documents and financial projections necessary to close the investments
  • Coordinate 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
  • 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

Preferred 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
  • Well-developed analytical and problem-solving skills
  • Effective interpersonal, verbal and written communication skills

About U.S. Bank:

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 come 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.

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

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.



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