LIHTC Loan Officer
Job in
St. Charles, Saint Charles, St. Charles County, Missouri, 63301, USA
Listed on 2026-07-15
Listing for:
The Bank of Missouri
Full Time
position Listed on 2026-07-15
Job specializations:
-
Finance & Banking
Credit Analyst, Loan Officer / Lending, Loan Servicing, Financial Analyst
Job Description & How to Apply Below
About this job:
LIHTC Loan Officer is responsible for managing significant loan relationships as a senior representative to The Bank of Missouri’s specialty finance clients. This position is heavy in credit management, relationship management, business development, and financial analysis. The position requires a high attention to detail and the ability to meet deadlines while working in a client‑centric environment. Experience with the LIHTC industry and financing is required.
Benefits:- Personal paid time off, as eligible, and paid holidays
- 401(k) and Employee Stock Option Plan, as eligible
- Generous medical, dental, vision, life and disability insurance
- Fitness reimbursement
- Learning, development and growth opportunities
- LIHTC loan underwriting for credit quality through the review of financial statements, business plans, public information databases, and background searches
- Manage large loan relationships, with many LIHTC project loans per relationship. Be the liaison between the client and the bank
- Communicate the CEO and committee’s goals and parameters effectively to the loan relationship
- Communicate the client’s goals and requests effectively to the CEO, President, and loan committee
- Review, authorize, and recommend LIHTC loans for approval to loan committee. LIHTC products for M1 include LHITC Construction, LIHTC Equity, LIHTC pre‑development
- Review and authorize LIHTC draws
- Participate and communicate with the project development team regarding construction status
- Monitor the entire life of a LIHTC construction development
- Underwrite sources and uses
- Review and approve draw requests including supporting documentation
- Underwrite construction status compared to financing status
- Monitor Placed in Service Deadlines for the Credit
- Monitor construction cost overruns compared to contingency sources
- Analyze the LIHTC portfolio, segmented by loan type, relationship, state, and communicate results to the loan committees, President, CEO
- Present the portfolio monitoring results to the loan committees, identifying and communicating high‑risk items
- Monitor updates and pending changes of the LIHTC program (federal) and individual states and communicate the impact to current and prospective LIHTC portfolio to the committee
- Preparation of written credit proposals and presentations to various credit committees
- Ensure existing credit relationships adhere to covenants and conditions and that required information is obtained in a timely manner through monthly or quarterly monitoring
- Enhance current monitoring processes, worksheets, and presentations
- Prepare LIHTC portfolio and loan relationship presentations to allow assessment of risk and opportunity
- Participate in all loan committees of the bank
- Communicate with clients regarding specific credit or documentation inquiries and follow up
- Communicate with other banks who may purchase amounts of M1’s loans
- Communicate with bank attorneys regarding loan documents, collateral, and perfection
- Communicate with bank examiners (Missouri Division of Finance and FDIC) during bank examinations on the bank’s LIHTC credits and the LIHTC program and general
- Comply with all banking laws and compliance rules
- Maintain, communicate and follow up with loan servicing and loan analysts regarding pending/missing items and day‑to‑day operations
- Collaborate with management to identify opportunities for process improvements, system enhancements, and procedural changes as part of the growth and maturation of the company
- Bachelor’s degree (potentially in finance or accounting)
- 8+ years of relevant work experience in LIHTC Lending
- Excellent PC skills, strong skills with Microsoft Excel and Word
- Demonstrated ability to interact effectively with various levels within the organization
- Ability to demonstrate excellent detail orientation, critical thinking and analytical skills
- Displays excellent time management, organizational and problem‑solving skills
- Ability to work well under pressure and meet deadlines
- Must have strong verbal, written and interpersonal communication skills
The Bank of Missouri is an Equal Opportunity Employer
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