U.S. Bank CDC - Transition Associate in Minneapolis, Minnesota
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, we’re 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.
U.S. Bancorp Community Development Corporation is currently seeking a strong candidate to join our growing team of community development professionals. The Transition Associate will assist in analyzing and interpreting closing documents for tax credit projects that support community and economic development across the country.
Responsible for analyzing and interpreting closing documentation for tax credit equity investments, syndications, and commercial loans. Reviews and interprets operating agreements, loan agreements, indemnity agreements, financial projections, and other legal documents. Extracts and onboards key information from closing documentation to the system of record used by operational divisions of U.S. Bancorp Community Development Corporation (“UBSCDC”). Develops, implements, maintains, and executes written processes to consistently populate information within system of record. Monitors the status of complete and final documentation for all closings. Provides support for key compliance processes related to SOX, OFAC, CRA and other controls and reporting.
Bachelor's degree, or equivalent work experience with emphasis in Accounting, Business Administration, Real Estate, Law, or similar field.
Three or more years of related experience
Highly skilled in interpreting legal documentation and requirements, with emphasis in complex financial structures.
Well-developed analytical and problem-solving skills, including ability to identify and resolve exceptions
General real estate or project finance background
Knowledge of NMTC, HTC, and/or RETC
Effective interpersonal, verbal, and written communication skills
Highly motivated, able to work independently, and possesses acute attention to detail
Ability to handle multiple projects and deadlines simultaneously
Experience in commercial real estate or tax credit financing is strongly desired
If there’s 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) .
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 Law
Applicants can learn more about the company’s 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.
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 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: $30.34 - $40.43 - $44.47
Due 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.