CIC Fund Investments Associate
Core
Support the VP, Equity Investment Manager in underwriting and project management of LIHTC fund investments with syndicator partners.
Role type
Associate, Equity Investment (LIHTC Funds)
Builds
LIHTC fund investments for community impact
Domain
Real Estate / Affordable Housing / Tax Credits
Deliverable
production ML models | product features | dashboards & analysis | client delivery | infrastructure | physical/clinical work -> client delivery (fund underwriting and closing)
Required skills
LIHTC underwriting, financial modeling, risk identification, deal structuring, private placement memorandums, CRA investment goals tracking, treasury management
Preferred skills
Tax credit syndications, State and Historic Tax Credits, debt products, advanced Excel modeling, advanced LIHTC fund investment knowledge
Technologies
Excel
Responsibilities
Underwrite equity investments for LIHTC funds, act as primary contact with syndicators during underwriting and closing, model upper tier benefit schedules and property grids, draft comprehensive investment memorandums, review fund documents, manage CRA investment goals, collaborate with CIC Originations on loan strategies, represent the bank in industry events
Seniority
Associate, individual contributor