Impact Finance - NMTC/HTC Project Manager Associate_

Chicago

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**

Project Manager Associate (PMA) will support the underwriting, organizational, and closing tasks associated with approving and funding a New Markets and Historic Tax Credit investment. The PMA will work closely with several Project Managers, other internal USB staff, and external partners to ensure timely completion of these tasks.

Tasks will include the following:

+ engage insurance review consultant,

+ initiate bank account opening process and send requests to internal deposit and payment solution department,

+ review of investment documents including financial projections, operating agreements, loan agreements, tax opinions and indemnities,

+ ensure documents are compliant with reporting requirements,

+ assist with the preparation of credit memorandum,

+ submit credit memorandum through the CAPE system for approval,

+ draft closing worksheets and create funding packages in the Gateway system,

+ review flow of funds for accuracy using the HOGAN system,

+ complete the AMIS Information Form and closing letter,

+ responsible for approval and closing of Qualified Equity Investments (“QEI”) and the formation and assignment of Investment Funds,

+ participate in the establishment of policies and procedures necessary for accomplishing the group's tasks.

+ attend industry conferences, customer site visits, training sessions and staff meetings.

**Basic Qualifications**

- Typically Bachelor's degree and five or more years of related experience

OR

- MBA/JD with one or more years of directly related experience

**Preferred Skills/Experience**

- Basic knowledge of underwriting, financial analysis, risk assessment and evaluating targeted returns for lending or investments

- Some knowledge of construction finance, legal documentation review, , and accounting

- General real estate background preferred

- Some knowledge of HTC and NMTC preferred

-Familiarity with bank systems including HOGAN, CAPE, and Gateway

- Well-developed analytical and problem-solving skills, attention to detail

- Effective interpersonal, verbal and written communication skills

U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities. Visit USBIF on the web to find out more at www.usbank.com/cdc .

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.

**Location Expectations**

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

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 (sbank.com/global/en/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. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal **KNOW YOUR RIGHTS (ov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)** EEO poster.

**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. Learn more about the E-Verify program (sbank.com/verification-of-eligibility-for-employment) .

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, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $95,285.00 - $112,100.00 - $123,310.00

Job postings typically remain open for approximately 20 days of the posting date listed above, however the job posting may be closed earlier should it be determined the position is no longer required due to business need. Job postings in areas with a high volume of applicants, such as customer service, contact center, and Financial Crimes investigations, remain open for approximately 5 days of the posting listed date.