New Markets Tax Credit Project Manager I
Core
Underwrite debt facilities and equity investments for New Markets Tax Credit (NMTC) projects, manage project closings, and coordinate with internal and external developer teams.
Role type
Senior IC project manager (NMTC underwriting)
Builds
NMTC equity and debt investment deals
Domain
Financial services / Tax credit syndication
Required skills
NMTC program technical knowledge, financial modeling (sources and uses, capital stack, pro forma), risk identification and mitigation, limited partnership agreement negotiation, due diligence review
Preferred skills
State and Historic Tax Credits knowledge, debt product familiarity, tax credit syndications knowledge, Excel modeling proficiency
Technologies
Excel
Responsibilities
Underwrite debt facilities and equity investments, coordinate successful closings with internal and external groups, act as contact with developers during underwriting and closing, perform financial modeling of sources and uses and capital stack, draft comprehensive transaction memorandums, lead limited partnership agreement negotiations and due diligence review, update Credit teams on key issues
Seniority
Mid-level, hands-on IC