U.S. Bank USBCDC Affordable Housing Asset Manager in Seattle, Washington
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.
Job DescriptionResponsible for management and review of a portfolio of tax credit equity investments and loans made through U.S. Bancorp Community Development Corporation. Investments include Affordable Housing (LIHTC) Investments which provide tax and CRA benefits to the organization, as well as Construction and Permanent loans on Affordable Housing properties. Primary responsibilities include but are not limited to: Review and approval of construction draw packages and assessment of construction investment and lending risk
Review of property level financial statements to assess investment/ loan quality and risk.
Completion of site inspections and meetings with customers/ borrowers to ensure program compliance and asset quality.
Review and interpretation of operating agreements, loan agreements and other legal documents
Preparation of internal written and verbal reporting on portfolio performance
Basic Qualifications - Bachelors degree, or equivalent work experience - Four to seven years of tax credit investment industry experience
Preferred Skills/Experience - Thorough understanding of tax credit investment management - Thorough knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting - Well-developed analytical and problem-solving skills - Strong interpersonal, written and verbal communication skills - Highly motivated, able to work independently, and possesses acute attention to detail - General real estate background preferred - Some knowledge of LIHTC, RTC and/or NMTC preferred
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 usbank.com/careers.
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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: $92,735.00 - $109,100.00 - $120,010.00
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.