Impact Finance - Transition Associate

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.

Responsible for oversight of onboarding activities regarding tax credit investments, syndications, and loans made by U.S. Bancorp Impact Finance (Impact Finance). Analyzes and interprets legal documentation for complex tax credit investment structures, syndications, and loans. Extracts key information required for successful management of investments throughout the compliance period or loan term, and provides such information to operational divisions of Impact Finance.

Supports key compliance processes related to SOX, OFAC, CRA and other controls and reporting.

• Bachelor's degree, or equivalent work experience
• Typically three or more years of relevant experience in accounting, business administration, real estate, Paralegal or a similar field

• Well-developed analytical and problem-solving skills
• Ability to comprehend complex financial structures
• Effective verbal and written communication skills, including ability to understand and communicate key business risks
• Strong reading comprehension skills, including the ability to read and comprehend legal text
• Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
• Ability to identify and resolve exceptions and to interpret data
• Ability to manage multiple tasks/projects and deadlines simultaneously
• Experience and/or knowledge of IRC sections 42, 45D, 47 or 48 are preferred
• Experience in commercial real estate or tax credit financing is strongly desired

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.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to…