Impact Finance - Affordable Housing Relationship Manager Job Saint Louis area,St. Louis Missouri USA,Finance & Banking

Location: St. Louis

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.

Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Impact Finance is hiring for a new Affordable Housing Relationship Manager (AH RM). The AH RM manages banking relationships with U.S. Bancorp Impact Finance clients that specialize in affordable housing and community development. Grows revenue as directed by senior management by successfully prospecting for new business and expanding existing customer relationships. Responsible for sourcing, structuring and negotiating loans on multifamily housing projects, many of which utilize Low-Income Housing Tax Credits (LIHTC) or New Business Development Initiatives in Affordable Housing.

Works with clients and DPS team to connect clients with various product partners to determine other banking needs including deposit, payments, trust, wealth management and deepen client relationships by coordinating with other US Bank business lines.

ESSENTIAL FUNCTIONS

Retains and expands relationships with existing customers.

Prospects for and closes new business relationships sufficient to meet annual loan volume and DPS goals.

Grows net revenue year-over-year through lending activities including loan fees and interest income, and non-credit business.

Leads periodic relationship reviews with Bank clients to determine how US Bank can better help grow their business. Works with internal product partners in deposit, payments and other business lines to serve client needs. Drive new business in the form of deposits and fee income for the Bank.

Responsible for evaluating and determining the creditworthiness of new business opportunities.

Develops and implements an effective calling program for existing customers.

Develops and implements a plan for sourcing prospects and developing new customer relationships.

Available, as appropriate, to coordinate or aide in the resolution of customer problems and acts as a liaison with other departments, including Credit partners, divisions and subsidiaries in managing the customer’s relationship with the bank. This may involve working with the Project Management and Asset Management teams.

Manages overall customer and portfolio profitability in the context of new business development.

Responsible for helping implement U.S. Bank loan policies, products and services.

Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position. Actively works with customers to understand each customer's normal account activity, as appropriate for this position.

Basic

Qualifications

Master's degree, or equivalent work experience
10 or more years of commercial lending experience

Preferred Skills/Experience

Strong relationship management and business development/sales skills
Well-developed analytical and problem-solving skills

Considerable knowledge of credit and credit quality
Thorough knowledge of Low-Income Housing Tax Credits (LIHTC)
Thorough knowledge of bank products and services
Ability to work effectively with individuals and groups in managing customer relationships
Excellent presentation, verbal and written communication skills
Previous small business banking experience

U.S. Bancorp Community Development Corporation d/b/a U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with…