Regions Bank
Affordable Housing (LIHTC) Originations Analyst
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Job Description At Regions, the Regions Affordable Housing (RAH) Financial Analyst develops complex financial models, financial planning systems, and procedures designed to protect assets and enhance yield for affordable housing transactions using the low-income housing tax credit. This role engages internal stakeholders across the RAH organization and recommends transaction structures and to maximize performance of projects under consideration.
Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing project using the low-income housing tax credit
Under the direction of a more senior Financial Analyst, prepares complex financial models related to affordable housing: identifies questions and gaps for further review
Recommends structural changes and/or enhancements related to affordable housing transactions, such as improving operations, enhancing yield, resolving potential exceptions to RAH underwriting standards and other similarly complex real estate matters
Works with the investor services team to resolve project-level questions and concerns
During underwriting, continues to be the subject matter expert for questions and transaction structural changes that require changes to the financial model
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay. This position is incentive eligible.
Requirements
Bachelor’s degree in accounting, Finance or a directly related field
Three (3) years of experience with financial analysis within the real estate or affordable housing industry
Preferences
Master of Business Administration (MBA)
Skills And Competencies
Ability to manage multiple priorities
Ability to research, analyze data, and derive facts
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Responsibilities
Assisting with Preliminary Business Reports, Letters of Intent, client interactions (including closings and due diligence), development intake, and annual relationship planning.
Tracking developer applications and managing related documentation for tax credit support.
Utilizing Salesforce to facilitate internal communication, monitor project progress, and document decisions.
Handling routine business matters on behalf of the RAH Relationship Manager.
Supporting the Originations team with special projects as assigned.
Position Type Full time
Compensation Details Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position. Minimum: $91,449.92 USD, Median: $115,143.60 USD. This role is eligible to participate in a discretionary incentive plan.
Benefits Information
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Location Details Great Neck, New York
Equal Opportunity Employer Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr
Job Description At Regions, the Regions Affordable Housing (RAH) Financial Analyst develops complex financial models, financial planning systems, and procedures designed to protect assets and enhance yield for affordable housing transactions using the low-income housing tax credit. This role engages internal stakeholders across the RAH organization and recommends transaction structures and to maximize performance of projects under consideration.
Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing project using the low-income housing tax credit
Under the direction of a more senior Financial Analyst, prepares complex financial models related to affordable housing: identifies questions and gaps for further review
Recommends structural changes and/or enhancements related to affordable housing transactions, such as improving operations, enhancing yield, resolving potential exceptions to RAH underwriting standards and other similarly complex real estate matters
Works with the investor services team to resolve project-level questions and concerns
During underwriting, continues to be the subject matter expert for questions and transaction structural changes that require changes to the financial model
This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay. This position is incentive eligible.
Requirements
Bachelor’s degree in accounting, Finance or a directly related field
Three (3) years of experience with financial analysis within the real estate or affordable housing industry
Preferences
Master of Business Administration (MBA)
Skills And Competencies
Ability to manage multiple priorities
Ability to research, analyze data, and derive facts
Ability to work under pressure and meet deadlines
Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Responsibilities
Assisting with Preliminary Business Reports, Letters of Intent, client interactions (including closings and due diligence), development intake, and annual relationship planning.
Tracking developer applications and managing related documentation for tax credit support.
Utilizing Salesforce to facilitate internal communication, monitor project progress, and document decisions.
Handling routine business matters on behalf of the RAH Relationship Manager.
Supporting the Originations team with special projects as assigned.
Position Type Full time
Compensation Details Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position. Minimum: $91,449.92 USD, Median: $115,143.60 USD. This role is eligible to participate in a discretionary incentive plan.
Benefits Information
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Location Details Great Neck, New York
Equal Opportunity Employer Equal Opportunity Employer/including Disabled/Veterans
#J-18808-Ljbffr