At U.
S.
Bank, we’re on a journey to do our best.
Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.
We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential.
A career with U.
S.
Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career.
Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
Job Description
Negotiates, structures, underwrites, and closes equity investments that utilize New Markets Tax Credit (NMTC) and/or Historic Tax Credits (HTC) programs in market areas serviced by U.
S.
Bancorp Impact Finance.
Manages relationships with customers and internal Business Development Officers in negotiating terms of investments, and is responsible for obtaining credit approval prior to closing.
Engages with third party professionals (attorneys, accountants, etc.
) in coordinating the drafting, collection, and review of documents and financial projections necessary to close the investments.
Coordinates with asset managers in the transition of the investment to the asset management group for ongoing management throughout the term of the investment.
Participates in the establishment of policies and procedures necessary for accomplishing the group's tasks.
Basic Qualifications
- Typically Bachelor's degree and six or more years of related experience
OR
- MBA/JD with three or more years of directly related experience
Preferred Skills/Experience
- Understanding of tax credit investments and knowledge of regulatory and company risk policies
- Knowledge/experience with real estate and operating business underwriting, construction finance, legal and real estate documentation, and accounting
- Some knowledge of LIHTC, RETC, HTC and/or NMTC preferred
- Well-developed analytical and problem-solving skills
- Effective interpersonal, verbal and written communication skills
U.
S.
Bancorp Community Development Corporation is now operating as U.
S.
Bancorp Impact Finance.
All job postings under U.
S.
Bancorp Impact Finance reside within the USBCDC organization.
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work.
That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind.
Our benefits include the following (some may vary based on role, location or hours):
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
EEO is the Law
U.
S.
Bank is an equal opportunity employer committed to creating a diverse workforce.
We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
E-Verify
U.
S.
Bank participates in the U.
S.
Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.
S.
territories.
The E-Verify program is an Internet-based employment eligibility verification system operated by the U.
S.
Citizenship and Immigration Services.
The salary range reflects figures based on the primary location, which is listed first.
The actual range for the role may differ based on the location of the role.
In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements).
Pay Range: $108,375.
00 - $127,500.
00 - $140,250.
00
U.
S.
Bank will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance.