Hybrid Impact Finance Coordinator – New Markets, Historic Tax Credit Asset Management

at U.S. Bank

• Job title: Impact Finance Coordinator – New Markets, Historic Tax Credit Asset Management
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: $75,820 - $89,200 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Saint Louis, United States

About the role

• Acting as a coordinator for a portfolio of New Market Tax Credit investments at U.S. Bank, ensuring benefit delivery and superior customer service while monitoring performance and compliance.

Responsibilities

• Act as a coordinator for a portfolio of New Market Tax Credit investments, monitoring customer requests as they are received and assigning tasks, as applicable.
• Assist members of the asset management team in the management and review of a portfolio of investments to ensure benefit delivery to investors while maintaining superior customer service for external clients.
• Maintain and expand relationships with partners, borrowers, and other external parties associated within the portfolio.
• Monitor portfolio performance and assign risk ratings in accordance with policy.
• Review and interpret operating agreements, loan agreements, and other legal documents relating to equity investments and loans in order to protect the division's rights and financial interests.
• Prepare internal written and verbal reporting on portfolio performance.
• Ensure that assigned investment projects adhere to U.S. Bancorp policies and procedures and conform to regulatory requirements.
• Responsible for keeping current on various tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management of investments and loans.
• Participate in the establishment of policies and procedures necessary for accomplishing the team's tasks.

Requirements

• Typically Bachelor's degree, or equivalent work experience
• Typically two or more years of related experience
• Some knowledge of tax credit investment management with experience interpreting legal documentation and requirements.
• Well-developed analytical and problem-solving skills
• Strong interpersonal, written and verbal communication skills
• Highly motivated, able to work independently, and possesses acute attention to detail
• Some knowledge of LIHTC, RTC and/or NMTC preferred
• Strong customer services skills
• Proficient Microsoft Excel skills

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