Clayton, MO · On-site +1
$70K - $140K/yr
... developer relationships. The project manager will report to theVP, Equity Investment Manager ... Remote roles will also have the opportunity to come together in our offices for moments that matter.
Clayton, MO · On-site +1
$70K - $140K/yr
... developer relationships. The project manager will report to theVP, Equity Investment Manager ... Remote roles will also have the opportunity to come together in our offices for moments that matter.
$45.74 - $47.33
9% of jobs
$47.33 - $48.92
11% of jobs
$49.75 is the 25th percentile. Wages below this are outliers.
$48.92 - $50.50
11% of jobs
$50.50 - $52.09
11% of jobs
The median wage is $53.44 / hr.
$52.09 - $53.68
11% of jobs
$53.68 - $55.27
10% of jobs
$55.27 - $56.86
9% of jobs
$57.93 is the 75th percentile. Wages above this are outliers.
$56.86 - $58.44
8% of jobs
$58.44 - $60.03
8% of jobs
$60.03 - $61.62
8% of jobs
$61.62 - $63.21
8% of jobs
$45
$54
$63
$70K - $140K/yr
Full-time
Medical, Life, Retirement, PTO
Re-posted 26 days ago
TheCIC Fund Investmentswillsupport the VP, Equity Investment Managerand helpleadtheunderwriting and project management of LIHTCfund investments with the bank'ssyndicator partners.The individual will also helpmanage relationships withCIC loan officers and act as a liaison betweensyndicator partners andexternal developer relationships. The project manager will report to theVP, Equity Investment Manager.
Please note:the preferred locations are Columbus, St. Louis, Cleveland, Detroit, Chicagoor New York. They will be responsible for:
Underwriting equity investmentsfor LIHTCfundsand helping to manage relationship withsyndicator partners
Acting as primary contact with thesyndicatorduring thefundunderwriting and closing process
Financial modeling ofupper tier benefit schedules,property grids andother relevant analyses
High proficiency in understanding and identifying associated risks, and the ability to describe and/or devise mitigants.
Drafting and presenting comprehensive memorandums summarizing the transaction, including deal structure, budgets, guarantor analysis, compliance, risks and mitigants, and final recommendation. Memos should be of high quality and based on sound underwriting.
Review and comment on fund documents includingprivate placement memorandums and subscription documents.
Own, manage and track CRA investment goals andcollaborate with Huntington CRA team
Working withCICOriginations onstrategies for loan opportunities and alignment with CRA lending goals
Acting as a key point of contact with Creditfor fundinvestments
Manage and lead treasury management tracking for syndicator relationships
Demonstrating strong stewardship over Huntington's financial and community impact interests internally and in the communities where we invest
Representing the bank in industry events andparticipatein industry leading discussions, including policy
Basic Qualifications
Bachelor's degree from accredited university
6+ of LIHTC experience
4+ years of LIHTC (or CRE) underwriting and closing experience
Preferred Qualifications
Advanced degree from accredited university. Finance, accounting, or business degree preferred.
8+ of LIHTC experience
6+ years of LIHTC (or CRE) underwriting and closing experience
Tax credit syndications experience
Technical knowledge of the LIHTC program
Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products
High proficiency in excel modeling of debt and equity investments
Advanced knowledge ofLIHTC fund investment
Strong presentation skills to Credit and other internal stakeholders
Other Traits and Skills
Embrace Huntington's values of Can-Do Attitude, Forward Thinking, and Service Heart
A developed and focused growth mindset with the ability to pivot and be nimble in a growing division
Knowledge of financial, accounting and/or technology systems
Ability to work under tight deadlines and under pressure
Ability to identify problems and recommend appropriate solutions
Strong presentation skills
Natural intellectual curiosity to assist in growing products and services
Exempt Status: (Yes= not eligible for overtime pay) (No= eligible for overtime pay)
Workplace Type:
OfficeOur Approach to Office Workplace Type
Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.
Compensation Range:
$70,000 - 140,000 Annual SalaryThe compensation range represents the anticipated low and high end of the base compensation range for this position. Actual compensation will vary based on various factors including but not limited to location, experience, and education. Colleagues in this position are also eligible to participate in an applicable incentive compensation plan. In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO).
Huntington is an Equal Opportunity Employer.
Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.
Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.