Affordable Housing Asset Manager

1 day ago


Chicago, Illinois, United States First Citizens Bank Full time

About the Role:

As a seasoned professional in Low-Income Housing Tax Credit (LIHTC) investment asset management, you will play a crucial role in executing our Community Reinvestment Act (CRA) and Community Benefits Plan (CBP) strategies. With a national portfolio of $2.8+ billion in committed investments, we are seeking an expert to oversee the asset and portfolio management of our CDF LIHTC investment funds.

Your Key Responsibilities:

  • Lead the preparation of our Annual FCB CDF LIHTC Asset Management Report, reviewing industry-wide trends and our LIHTC portfolio performance.
  • Maintain post-closing changes to proprietary investments and provide guidance on escalated and complex asset management issues.
  • Develop and implement strategy for ongoing oversight and management of syndicator relationships.
  • Participate in meetings, trainings, and other duties as assigned by senior leadership and management team.

Qualifications:

  • Bachelor's Degree and 6 years of experience in LIHTC Investment Asset or Portfolio Management
  • High School Diploma or GED and 10 years of experience in LIHTC Investment Asset or Portfolio Management

We Offer:

A competitive salary range of $171,000 - $190,000 based on skills, experience, location, and other factors. Our comprehensive benefits program is designed to meet our associates' needs, with customized offerings including family support, wellness initiatives, and more. For details on our benefits offerings, visit here.



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