Regions Bank
Affordable Housing (LIHTC) Originations Analyst
Regions Bank, Birmingham, Alabama, United States, 35275
Overview
Thank you for your interest in a career at Regions. We believe associates deserve more than just a job and offer performance-driven individuals a place to build a career with opportunities for growth. Regions is dedicated to safeguarding private and personally identifiable information submitted during the application process. Data will be used to evaluate qualifications and will not be used for marketing or shared outside Regions unless required by law. Information is stored in accordance with regulatory requirements and Regions’ retention schedule. You may review, modify, or update your information by visiting the careers section of the system. 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 to maximize the performance of projects under consideration. Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing projects 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, and resolving potential exceptions to RAH underwriting standards and other complex real estate matters. Works with the investor services team to resolve project-level questions and concerns. During underwriting, serves as 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. It 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. Role Support
This role supports Regions Affordable Housing Relationship Managers/Originators by providing strategic and executional assistance across key phases of the investment lifecycle. Additional responsibilities include: 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 provided as a point-of-market reference. Pay varies based on factors including experience, skills, knowledge, contributions, location, and performance. The information listed below reflects market ranges; actual pay may vary. Job Range Target: Minimum:
$91,449.92 USD Median:
$115,143.60 USD Incentive Pay Plans: This role is eligible to participate in a discretionary incentive plan with potential to receive a discretionary award based on performance against defined metrics and goals. Benefits Information
Regions offers a benefits package that is flexible and comprehensive. The following is a synopsis of benefits offered for informational purposes and is not a complete summary of plan terms and conditions. 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 Benefits terms may change. To learn more, visit Regions benefits information page. Location
Location: Regions Affordable Housing - NY, Great Neck, New York Equal Opportunity
Equal Opportunity Employer, including Disabled/Veterans. Job applications are accepted electronically through Regions’ career site for a minimum of five business days from posting. Higher-volume positions may remain active longer due to business need and may be closed at any time at the company’s discretion.
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Thank you for your interest in a career at Regions. We believe associates deserve more than just a job and offer performance-driven individuals a place to build a career with opportunities for growth. Regions is dedicated to safeguarding private and personally identifiable information submitted during the application process. Data will be used to evaluate qualifications and will not be used for marketing or shared outside Regions unless required by law. Information is stored in accordance with regulatory requirements and Regions’ retention schedule. You may review, modify, or update your information by visiting the careers section of the system. 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 to maximize the performance of projects under consideration. Primary Responsibilities
Analyzes, consolidates, and interprets financial data related to affordable housing projects 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, and resolving potential exceptions to RAH underwriting standards and other complex real estate matters. Works with the investor services team to resolve project-level questions and concerns. During underwriting, serves as 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. It 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. Role Support
This role supports Regions Affordable Housing Relationship Managers/Originators by providing strategic and executional assistance across key phases of the investment lifecycle. Additional responsibilities include: 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 provided as a point-of-market reference. Pay varies based on factors including experience, skills, knowledge, contributions, location, and performance. The information listed below reflects market ranges; actual pay may vary. Job Range Target: Minimum:
$91,449.92 USD Median:
$115,143.60 USD Incentive Pay Plans: This role is eligible to participate in a discretionary incentive plan with potential to receive a discretionary award based on performance against defined metrics and goals. Benefits Information
Regions offers a benefits package that is flexible and comprehensive. The following is a synopsis of benefits offered for informational purposes and is not a complete summary of plan terms and conditions. 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 Benefits terms may change. To learn more, visit Regions benefits information page. Location
Location: Regions Affordable Housing - NY, Great Neck, New York Equal Opportunity
Equal Opportunity Employer, including Disabled/Veterans. Job applications are accepted electronically through Regions’ career site for a minimum of five business days from posting. Higher-volume positions may remain active longer due to business need and may be closed at any time at the company’s discretion.
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