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U.S. Bank U.S. Bancorp Impact Finance - Affordable Housing - Sponsor Analyst in Santa Fe, New Mexico

At U.S. Bank, we’re 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 at—all from Day One.

Job Description

U.S. Bancorp Impact Finance is seeking a financial analyst to help assess the financial capacity of LIHTC developers. This position works with the Affordable Housing team to understand and underwrite the business and financial structure of the real estate developers that we work with.

The Affordable Housing Guarantor/Sponsor Analyst works with a team of Project Managers, Business Development Officers, and Asset Managers and specializes in the understanding and underwriting of the business and financial structure of Guarantors/Sponsors of Low Income Housing tax credit investments. The Guarantor/Sponsor usually represents an individual, for-profit, or non-profit entity, or a combination of these, which is/are required to guaranty certain benchmarks related to the Bank's equity and debt investments in the tax credit product listed above.

Primary Responsibilities/Duties:

  1. Manage relationship with Executives or CFOs of Guarantor(s)/Sponsor(s), as it pertains to corporate or individual financial review.

  2. Develop and implement an effective approach to information gathering and analysis in the context of understanding the sustainability of the Guarantor(s)/Sponsor(s).

  3. Gather appropriate financial statements, schedules and corporate structure documents, including but not limited to audits, internally prepared statements, tax returns, bank statements, schedules of real estate or energy property owned, schedule of contingent liabilities, cash flow proformas, etc. from the respective Guarantor(s)/Sponsor(s)

  4. Conduct in-person, virtual or phone meetings/interviews with company executives and/or CFOs, as well as development and management teams, with an eye to determine the viability of the short-term and long-term business plan, cash position, capitalization strategy, budget vs. current operations, hiring and organizational trends, etc. Discussions should include a focus on risk management within the organization, as well as systems and controls (especially where financial statements are not audited).

  5. Spread and analyze the financial statements and other related due diligence with a focus on following cash flow and legal obligations in and around the corporate, partnership and individual ownership structures. Determine whether or not the current operating model is sustainable and what, if any, warning signs exist.

  6. Make recommendation on guarantor structure and/or help shape deal structure.

  7. Memorialize the recommendation, analysis and financial results in a document that will be incorporated as part of the credit package for the investment.

  8. The position will also entail understanding and analyzing the various tax credits and related deal structures.

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. As 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, disability or veteran status, among other factors.

Basic Qualifications

  • 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

  • Accounting or finance experience in real estate, including an understanding of the primary partnership structures (e.g. general partnership, limited partnership, limited liability companies, etc.)

  • CPA Certification preferred, but not required

  • Audit or accounting experience with a real estate developer

  • Knowledge of, and ability to communicate effectively on, the relevant structure of real estate development, including corporate and partnership structures, financing structures, and tax and accounting concepts

  • Familiarity with LIHTC or other forms of finance related to the program

  • Strong relationship management skills, with the ability to communicate clearly and concisely.

  • Good communication skills; both oral and written. Demonstrated ability to ask pertinent questions, driving to obtain sufficient detail while not being invasive.

  • Highly motivated self-starter with good attention to detail and proficient skills with financial spreadsheets and office software.

  • Demonstrated ability to motivate others to achieve bank goals. Ability to simplify complex and voluminous information by focusing on key issues, activities and goals and identifying and acting upon a critical path. Ability to identify obstacles, manage expectations internally at U.S. Bank and externally with clients, and to effectively create solutions to any problems that arise.

U.S. Bancorp Impact Finance is a leading community development investor, lender and tax credit syndicator. Like our parent company, U.S. Bank, we are not your typical bankers. Our employees bring their whole selves to work every day to help make our communities better places to live, work and play. We facilitate and manage loans and investments in economic development, renewable energy, historic renovation and affordable housing, contributing to a society in which all people can participate, prosper, and reach their full potential.

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 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) .

Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.


Our approach to benefits and total rewards considers our team members’ 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 company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) EEO 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) .

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.