LIHTC Loan Officer

About the role

The LIHTC Loan Officer is responsible for managing significant loan relationships as a senior representative to The Bank of Missouri’s specialty finance clients. This position is heavy in credit management, relationship management, business development, and financial analysis. The position requires a high attention to detail and the ability to meet deadlines while working in a client-centric environment. Experience with the LIHTC industry and financing is required.

Responsibilities

• Manage large loan relationships, with many LIHTC project loans per relationship.
• Be the liaison between the client and the bank.
• Communicate the CEO and committee’s goals and parameters effectively to the loan relationship.
• Communicate the client’s goals and requests effectively to the CEO, President, and loan committee.
• Review, authorize, and recommend LIHTC loans for approval to loan committee.
• LIHTC products for M1 include LHITC Construction, LIHTC Equity, LIHTC pre development.
• Review and authorize LIHTC draws.
• Participate and communicate with the project development team regarding construction status.
• Monitor the entire life of a LIHTC construction development.
• Analyze the LIHTC portfolio, segmented by loan type, relationship, state, communicate results to the loan committees, President, CEO.
• Present the portfolio monitoring results to the loan committees, identifying and communicating high risk items.
• Maintain, communicate and follow-up with loan servicing and loan analysts regarding pending/missing items and day-to-day operations.
• Collaborate with management to Identify opportunities for process improvements, system enhancements, and procedural changes as part of the growth and maturation of the company.

Qualifications

• Bachelor's degree (potentially in finance or accounting).
• 8+ years of relevant work experience in LIHTC Lending.
• Excellent PC skills, strong skills with Microsoft Excel and Word.
• Demonstrated ability to interact effectively with various levels within the organization.
• Excellent detail orientation, critical thinking and analytical skills.
• Displays excellent time management, organizational and problem-solving skills.
• Ability to work well under pressure and meet deadlines.
• Strong verbal, written and interpersonal communication skills.

Benefits

• Competitive Salary
• Personal paid time off, as eligible and paid holidays
• 401K and Employee Stock Option Plan, as eligible
• Generous medical, dental, vision, life and disability insurance
• Fitness reimbursement
• Learning, development and growth opportunities