CIC Asset Manager III (Tax Credit)

Location: Clayton, MO; preferred locations include Columbus, Cleveland, Detroit, Clayton, MO, 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, debt, and equity investments.

What you will do

• Manage a portfolio of closed debt and equity investments and report on asset performance, asset quality indices, risk factors, and customer requests.
• Maintain relationships with general partners, developers, management agents, lenders, contractors, accountants, consultants, and other stakeholders.
• Develop action plans, obtain investor or credit approvals, and implement measures that preserve investor value, reduce loan-loss risk, and maintain tax and affordable housing regulatory compliance.
• Assess partnership and project compliance with LIHTC, Historic Tax Credit provisions, partnership agreements, loan documents, operating benchmarks, and financial covenants.
• Review financial statements, tax returns, budgets, construction draws, change orders, lease-up and construction progress, capital calls, tax credit delivery, and investment returns.
• Conduct property inspections, evaluate physical condition and future capital needs, monitor market trends, prepare site visit reports, and mentor less experienced Asset Managers.

Requirements

• Bachelor’s degree.
• 12+ years of tax credit investment experience, with a focus on asset management preferred.
• Strong understanding of tax credit investments, the related legal and regulatory environment, limited partnership agreements, loan documents, guarantees, and security.
• Strong analytical, problem-solving, time management, organizational, and attention-to-detail skills.
• Experience forming and presenting data-driven conclusions to Credit Administration and other internal stakeholders.
• Successful experience working with clients, team members, and management, including a high level of emotional intelligence in a division undergoing change.
• Strong LIHTC experience and reasonable exposure to HTC and NMTC.
• Relevant real estate experience focused on asset management.
• Understanding of the bank’s credit profile, credit policies, and risk management objectives commensurate with experience.

Nice to have

• Advanced degree or certification such as JD, MBA, CPA, CFA, or equivalent experience.
• Prior experience working for a national tax credit syndicator.

Culture & Benefits

• Office-based workplace with flexible work arrangements potentially available for eligible positions.
• Health insurance, wellness program, life and disability insurance, retirement savings plan, paid leave, paid holidays, and paid time off.
• Exempt position not eligible for overtime pay.