LIHTC Credit Analysis Manager

About the role

This hybrid role involves initial credit review of projections for new project bids, as well as ongoing review and troubleshooting throughout the project life cycle including bid review, underwriting, investor review, and preclosing. The position requires managing investor and credit requests for stress analyses, conducting closing audits, and working with the Lower Tier change team to update models and track changes.

Responsibilities

• Responsible for initial credit review of projections for new project bids, as assigned, to ensure accurate inputs and outputs in the excel model
• Utilize the bid review system to request additional information and clarification during the bid review process
• Responsible for reviewing and troubleshooting all aspects of the projections for assigned projections throughout the project life cycle, including during bid review, underwriting and investor review
• Responsible for timely review and comment on projections in conjunction with the preparation of the Investment Proposal, and preclosing for assigned projects
• Recommend changes, if applicable, that may enhance yield or address structuring issues
• Manage investor and credit requests for stress analyses for multi-fund closings and Investment Proposal packages
• Conduct closing audit of each assigned project as part of the closing to ensure projections accurately reflect technical and business terms
• Work with the Lower Tier change team to update models and track requested changes
• Manage LT change requests, as assigned
• Assist other departments, including Fund Accounting and Investor Relations, in evaluating and modeling any unique requirements for assigned projects

Requirements

• Bachelor's degree in business, accounting, economics, mathematics, or finance. CPA or Master's degree preferred
• Strong analytical skills and proficiency in Excel. Ability to manipulate, design, and troubleshoot complex Excel underwriting spreadsheets
• At least 4 years' experience in underwriting, structuring real estate projects and credit analysis. Specific knowledge of tax issues affecting limited partnerships and Section 42 projects highly preferred
• Ability to multi-task on numerous projects and tasks at the same time
• Ability to communicate and work effectively in a team setting
• Experience with credit analysis, debt structuring, and partnership modeling

Pay

$110,000 - $130,000 plus bonus

Benefits

• Medical, vision, dental, life, and disability insurance
• 401(k) plan

To apply to this hybrid role please send your resume to john.sadofsky@roberthalf.c0m.