Affordable Housing Originator - US Public Finance and Solutions

Overview

The US Public Finance & Solutions business operates within the US Rates franchise of Deutsche Bank's Rates/Fixed Income and Currencies (FIC) group. We seek a proven Senior Originator to grow our affordable housing platform by sourcing, structuring, and closing high-quality transactions—primarily LIHTC-driven developments using tax-exempt bonds. The role involves independently sourcing, structuring, and managing underwriting and diligence of transactions, building and expanding a pipeline of affordable housing debt opportunities focused on tax-exempt bond transactions or bridge lending, and leading transactions from origination through execution, including structuring, credit underwriting, credit approval, legal documentation, and final closing.

This is an interactive role that combines teamwork with clearly defined responsibilities, offering exposure to a diverse market and a guided learning environment with an experienced origination/structuring team.

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model with in-office / work-from-home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace and community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family-building benefits
• Educational resources, matching gifts, and volunteer programs

• Originate a robust pipeline of affordable housing debt
• Lead deal strategy and end-to-end structuring: terms, covenants, collateral, intercreditor mechanics, term-sheet crafting and negotiation
• Own credit fundamentals (LTV, DSCR, operating pro forma, stress cases) and champion sound underwriting assumptions throughout diligence and credit approval
• Execute tax-exempt private placement bond transactions (construction and permanent), coordinating borrower, issuer, trustee, and bond counsel
• Drive credit memo preparation and presentations, articulate risks and mitigants, and provide transparent escalation of key issues
• Partner cross-functionally with Underwriting, Portfolio/Asset Management, Legal/Closing, Desk, and Servicing to deliver on-time closings with no surprises

• Mentor junior team members on origination best practices and structuring as production scales
• Represent the platform at industry events, panels, and HFA outreach to expand brand visibility and origination coverage
• Ensure ongoing communication on all aspects of the loan process with key stakeholders

• 7-10+ years in affordable housing financing focused on originations with a consistent record of closed transactions
• Ability to take ownership of loan transactions and manage workload with minimal supervision
• Thorough knowledge of Affordable Housing and LIHTC financing; significant experience structuring tax-exempt financing
• Credit/investment analysis proficiency (development budgets, sources/uses, lease-up/operating pro formas, guarantor analysis, sensitivity cases) and strong memo writing

• Excellent critical thinking and decision-making skills
• Excellent verbal and written communication skills
• Strong attention to detail
• Proven management capability

The Bank expects that employees in this role will work in the New York, NY office in accordance with the Bank s hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. We offer benefits and perks that support physical, emotional, and financial wellness, helping colleagues balance work and life. Details vary by location and role.

We strive for a culture in which we are empowered to excel together every day, acting responsibly, thinking commercially, taking initiative, and collaborating. We welcome applications from all people and promote a positive, fair, and inclusive work environment.