CIC Asset Manager III (Tax Credit)

Location: Clayton, Missouri; preferred locations include Columbus, Cleveland, Detroit, and Chicago. Remote work may be considered for the right candidate.

Salary: $93,000–$189,000 annual base salary, plus eligibility for applicable incentive compensation.

Company

hirify.global is a banking organization providing financial services and managing tax credit investment portfolios.

What you will do

• Manage a portfolio of closed debt and equity investments and report on asset performance, risk factors, and asset quality indices.
• Maintain relationships with general partners, developers, management agents, lenders, contractors, accountants, and third-party consultants.
• Assess compliance with Low Income Housing Tax Credit and Historic Tax Credit requirements, partnership agreements, loan documents, and financial covenants.
• Review financial statements, tax returns, budgets, operating performance, cash flow, debt service coverage, and tax benefit delivery.
• Monitor construction, lease-up, capital calls, loan conversion, equity and grant funding, tax credit calculations, and capital adjustments.
• Conduct property site inspections, prepare reports, assess physical condition, and identify future capital needs.

Requirements

• Bachelor’s degree.
• 12+ years of tax credit investment experience, preferably focused on asset management.
• Strong understanding of tax credit investments, legal and regulatory requirements, limited partnership agreements, loan documents, guarantees, and security.
• Strong experience with LIHTC and relevant real estate asset management experience; reasonable exposure to HTC and NMTC.
• Strong analytical, problem-solving, organizational, time management, and communication skills.
• Ability to work independently on complex matters and mentor less experienced Asset Managers.

Nice to have

• Advanced degree or certification such as JD, MBA, CPA, or CFA.
• Experience working for a national tax credit syndicator.
• Understanding of the bank’s credit profile, credit policies, and risk management objectives.

Culture & Benefits

• Office-based workplace with flexible work arrangements available for certain positions.
• Health insurance, wellness programs, life and disability insurance, and retirement savings plan.
• Paid leave programs, paid holidays, and paid time off.
• Role is exempt from overtime eligibility.