CIC Project Manager II

Overview

Join to apply for the CIC Project Manager II role at Huntington National Bank.

• Lead underwriting and closing for debt facilities and equity investments, coordinating successful, timely closings with all internal and external groups (e.g., closers, loan administrators, RETS, third‑party reports, counsel, other lenders, etc.). Ensure proposed tax credit financed project complies with all tax provisions required to maximize investment value, including 704(b) capital account analysis. Work with counsel to negotiate partnership agreement terms that protect the Banks’ ownership interest in LIHTC investments and ensure consistency between the Bank’s lending documents and partnership documents.
• Act as primary contact with the developer during the underwriting and closing process with an emphasis on building relationships.
• Financial modeling of tax benefits and capital account analysis, sources and uses, capital stack, development budget, operating budget pro forma, cash flow, benefit schedule, and other relevant analyses.
• Intermediate proficiency in understanding and identifying associated risks (especially those particular to tax credit developments and IRC Section 42), and the ability to describe and/or devise mitigants.
• Drafting and presenting comprehensive memoranda summarizing the transaction, including deal structure, budgets, guarantor analysis, compliance, risks and mitigants, risk ratings, and final recommendations. Memos should be of high quality and based on sound underwriting.
• Assisting in continuous improvement and development of various CIC infrastructure projects.
• Collaborating with other CIC colleagues to create best‑in‑class project management, underwriting, closing, and asset management platform.
• Working with CIC business development on analyzing and structuring opportunities prior to issuance of term sheets.
• Acting as a key point of contact with credit in investments and loans via regular and substantive updates to key issues.
• Training junior employees and analysts.
• Demonstrating strong stewardship over Huntington’s financial and community impact interests internally and in the communities where we invest.
• Representing the Bank in industry events and participating in industry‑leading discussions, including policy.

• Bachelor’s degree from accredited university. Finance, accounting, or business degree.
• 4+ years of LIHTC experience.
• 2+ years of LIHTC (or CRE) underwriting and closing experience.

• 6+ years of LIHTC experience.
• 4+ years of LIHTC (or CRE) underwriting and closing experience.
• Tax credit syndications experience.
• Technical knowledge of the LIHTC program.
• Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products.
• Intermediate proficiency in excel modeling of debt and equity investments.
• Intermediate knowledge of limited partnership agreements and loan documents with focus on guarantees and security.
• Intermediate understanding of analyzing sponsor financial statements, real estate owned schedules, contingent liabilities, organizational structures, and business plans.
• Strong presentation skills to credit and other internal stakeholders.
• Embrace Huntington’s values of can‑do attitude, forward thinking, and service heart.
• Focus on action.
• A developed and focused growth mindset with the ability to pivot and be nimble in a growing division.
• Knowledge of financial, accounting and/or technology systems.
• Ability to work under tight deadlines and under pressure.
• Ability to identify problems and recommend appropriate solutions.
• Strong presentation skills.
• Natural intellectual curiosity to assist in growing products and services.

Exempt Status:
Yes = not eligible for overtime pay;
No = eligible for overtime pay.

Workplace Type:
Office. Certain positions outside our branch network may be eligible for a flexible work arrangement, combining in‑office and work‑from‑home.

Compensation Range: $70,000 - $140,000 annual salary. Actual compensation will vary based on location, experience, and performance. Colleagues are eligible to participate in an applicable incentive compensation plan and benefit programs including health insurance, wellness, life and disability insurance, retirement savings, paid leave, and paid holidays.

Huntington is an Equal Opportunity Employer. Tobacco‑Free Hiring Practice:
Visit Huntington’s Career Web Site for more details.

Note to Agency Recruiters:
Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.