CIC Fund Investments Associate

TheCIC Fund Investmentswillsupport the VP, Equity Investment Manage rand helpleadtheunderwriting and project management of LIHTCfund investments with the bank’ssyndicator partners.

The individual will also help manage relationships withCIC loan officers and act as a liaison betweensyndicator partners and external developer relationships. The project manager will report to theVP, Equity Investment Manager.

Please note: the preferred locations are Columbus, St. Louis, Cleveland, Detroit, Chicagoor New York. They will be responsible for:

• Underwriting equity investments for LIHTCfundsand helping to manage relationship withsyndicator partners

• Acting as primary contact with thesyndicatorduring thefundunderwriting and closing process

• Financial modeling ofupper tier benefit schedules,property grids andother relevant analyses

• High proficiency in understanding and identifying associated risks, and the ability to describe and/or devise mitigants.

• Drafting and presenting comprehensive memorandums summarizing the transaction, including deal structure, budgets, guarantor analysis, compliance, risks and mitigants, and final recommendation. Memos should be of high quality and based on sound underwriting.

• Review and comment on fund documents including private placement memorandums and subscription documents.

• Own, manage and track CRA investment goals and collaborate with Huntington CRA team

• Working withCICOriginations on strategies for loan opportunities and alignment with CRA lending goals

• Acting as a key point of contact with Creditfor fundinvestments

• Manage and lead treasury management tracking for syndicator relationships

• 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 andparticipatein industry leading discussions, including policy

Basic Qualifications

• Bachelor’s degree from accredited university

• 6+ of LIHTC experience

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

Preferred Qualifications

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

• 8+ of LIHTC experience

• 6+ 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

• High proficiency in excel modeling of debt and equity investments

• Advanced knowledge ofLIHTC fund investment

• Strong presentation skills to Credit and other internal stakeholders

Other Traits and Skills

• Embrace Huntington’s values of Can-Do Attitude, Forward Thinking, and Service Heart

• 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)

Yes

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:

$70, Annual Salary

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