CIC Senior Project Manager III - Team Lead

Description

The Huntington Community Impact Capital ("CIC") Senior Project Manager, Team Lead (underwriter) will lead tax credit equity and debt underwriting and project management of affordable housing LIHTC projects and manage the internal relationships with the closing teams and external developer relationships.  Beyond the transactional responsibilities, the individual will also be a team lead with direct reports.  This position will report to the Director of Project Management.

They will be primarily responsible for:

+ Managing a team of project managers and providing support such as transaction pipeline management, coaching, mentoring, training, problem solving, technical reviews of underwriting and financial projections, quality control, ensuring compliance with policies, procedures, and guidelines.

+ Human resource responsibilities such as people management, talent development, performance management, recruitment and hiring, and compensation.

+ Closely collaborating with the Director of Project Management.

+ Deep subject matter expertise in the IRC Section 42 LIHTC program, including underwriting, compliance, and deal structuring.

+ Independently 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.

+ Acting 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

+ Advanced 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.

+ Leading in continuous improvement and development of various CIC infrastructure projects

+ Proactively 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 and mentoring 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 participate in industry leading discussions, including policy

Basic Qualifications:

+  Bachelor's Degree

+ 8+ of LIHTC experience

+ 6+ years of LIHTC (or CRE) underwriting and closing experience

Preferred Qualifications:

+ Advanced degree from accredited university. Finance, accounting, or business degree preferred.

+ 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

+ High proficiency in excel modeling of debt and equity investments

+ Advanced knowledge of limited partnership agreements and loan documents with focus on guarantees and security

+ Some tax credit syndications knowledge

+ Strong presentation skills to Credit and other internal stakeholders

Exempt Status: (Yes    = not eligible for overtime pay) (No   = eligible for overtime pay)

Yes

Applications Accepted Through:

07/17/2026

Huntington expects to accept applications through at least the date above, and may continue to accept applications until the position is filled.

Workplace Type:

Office

Our Approach to  Office  Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

$93,000. Annual Salary

The compensation range represents the anticipated low and high end of the base…