Impact Finance Affordable Housing - Financial Modeling Manager

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Job Description

U.S. Bancorp Impact Finance is seeking an experienced finance professional to join our growing Affordable Housing team as a real estate Financial Modeling Manager. The Modeling Manager will be responsible for conducting financial modeling and analysis of Low-Income Housing Tax Credit (LIHTC) equity investments and debt transactions.

The Modeling Manager will work directly with Business Development Officers, underwriting Project Managers, and Asset Managers throughout all deal phases to ensure deals balance profitability and risk targets. The goal is to ensure deals are structured correctly to meet investment program requirements. The individual will be responsive to a range of internal and external stakeholders through clear and timely communication of financial concepts.

The Financial Modeling Team currently consists of 6 Modeling Managers reporting to the Assistant Director of Financial Modeling.

Essential Functions

* Performs and supports deal level financial and profitability modeling including; deal input, IRR analysis, deal structuring, issue resolution, model customization for unique deal structures, and financial quality control, with proficiency in Excel.

* Serve as a critical deal team member during the origination, underwriting, closing, and asset management process.

* Provide ongoing technical support, training, and issue resolution, along with an ability to explain and troubleshoot complex formulas and dependencies.

* Provide highly responsive financial support to internal relationship managers, underwriters, and asset manager stakeholders to meet deal timelines and exceed customer expectations.

* Collaborate with external customers, accountants, and legal counsel to effectively structure, develop, and manage deal closing projections, with knowledge of database management and the ability to work with large datasets to extract, clean, and analyze data.

* Collaborate cross-functionally to connect financial information with Impact Finance syndication investment funds through timely communication, technology innovation, and financial process improvement, leveraging advanced Excel skills and programming languages for data analysis and automation.

* Effectively communicate and synthesize inputs, outputs, and key assumptions within a financial model to various financial and non-financial stakeholders, using data visualization tools to create and present reports and dashboards.

* Efficiently prioritize and complete a multitude of complex analysis and modeling projects, often on short timelines, with strong project management skills and the ability to multi-task on numerous projects simultaneously.

Basic Qualifications

* Bachelor's degree and six or more years of related experience OR

* MBA/JD with three or more years of directly related experience

Preferred Skills/Experience

* Strong analytical skills and proficiency in Excel, including the ability to manipulate, design, and troubleshoot complex Excel underwriting spreadsheets.

* Ability to multi-task on numerous projects and tasks simultaneously, with strong project management skills.

* Effective communication and teamwork skills, with the ability to work collaboratively in a team environment.

* Experience with credit analysis, debt structuring, and partnership modeling.

* Excellent verbal and written communication skills with experience explaining financial concepts to a wide range of stakeholders and customers

* Detailed understanding of deal profitability metrics, IRR, Shareholder Value Analysis and financial drivers

* Bachelor's degree in business, accounting, economics, mathematics, finance, or a related field. CPA or Master's degree preferred.

* At least 6 years of experience in underwriting, structuring real estate projects, and credit analysis, with specific knowledge of tax issues impacting limited partnerships and Section 42 projects highly preferred.

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.

Location

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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.

Benefits:

Our…