Senior Director, Development Finance overseeing multifamily portfolio management, funding strategies, and compliance in affordable housing. Leading financial initiatives and team collaborations across various jurisdictions.
Responsibilities
Create and maintain a programmatic capital raising strategy for Real Estate Development
Collaborate with New Business team on integrating capital strategies with new business pursuits
Collaborate with EVP, Head of Real Estate Development, on management of financial resources, evaluation of corporate balance sheet needs and impacts, and development of departmental strategy including reconciliation with the real estate owned portfolio
Improve efficiency of development financing methods by identifying new partners and transaction structures
Increase available funding sources and methods available for project and portfolio financing, including through identification of new funding types and adaptation of existing sources and structures to market changes
Cooperation with Finance on effective and timely reporting as well as revenue, cash flow, and other essential projections
Assist development team and project leads with individual transactions during financing due diligence and closing processes by supporting document exchange and review completion with capital providers
Ensure consistent underwriting output across all transactions; improve financial modeling skills across all relevant team members
Develop financing training modules and other support systems
Requirements
Bachelor’s degree required, preferably in Business Management, Accounting, Finance or related field
Master’s Degree in Real Estate, MBA or CPA preferred
7+ years multi-family real estate, finance, accounting, and/or asset management experience
Experience raising, structuring, and executing real estate debt and equity finance
Familiarity with private financing and federal, state, and local government funding
Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines
Strong verbal communication and business writing skills
Ability to read, interpret, and analyze financial statements
Sound understanding of real estate terminology and concepts, including multi-family real estate; working knowledge of LIHTC required
Strong analytical skills
Strong computer skills with excellent MS Excel skills
Highly motivated and able to work independently
Excellent problem-solving skills
Benefits
Dental, health, and vision care plans
Family-building benefits, such as adoption and surrogacy support
Flexible work arrangements to promote a better work-life balance
Health advocacy, EAP, and mental health benefits
Financial education
Wellness programs
Auto-enrollment in the company's 401(k) plan with employer matching contributions
Learning and development opportunities, including tuition reimbursement for job-related courses and certifications
Job title
Sr. Director, Development Finance – ECD Real Estate Development
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