Impact Finance Affordable Housing - Project Manager

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.

This role has multiple levels, open to candidates with at least 5 years minimum relevant experience, or an MBA/JD with 1+ years relevant experience. The successful candidate will be hired for the level of the position that aligns with their experience.

The Impact Finance AH Project Manager negotiates, structures, underwrites, and closes debt and equity investments that utilize Low-Income Housing Tax Credits (LIHTC), in market areas serviced by U.S. Bancorp Impact Finance. They will manage relationships with customers and internal Production and/or Syndications Business Development Officers in negotiating terms of construction lending and equity investments. This position engages third party professionals in coordinating the drafting, collection, and review of documents and financial projections necessary to close the lending opportunities and support the Bank’s investments.

They will coordinate with internal employee teams in preparing and funding initial closing funds and transition closed loans to the portfolio management and asset/fund management departments for ongoing maintenance and management. Additionally, they participate in the establishment of policies and procedures necessary for accomplishing the group's tasks.

• Typically Bachelor's degree and five or more years of related experience
• OR
• MBA/JD with one or more years of directly related experience

• Basic knowledge of risk assessment and evaluating targeted returns from investments
• Some knowledge of construction finance, legal documentation and requirements, real estate property management, and accounting
• General real estate background preferred
• Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred
• Well-developed analytical and problem-solving skills
• Effective interpersonal, verbal and written communication skills

Location Expectations The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package,…