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

• Bachelors 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

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 job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience skills knowledge contribution job location and most importantly performance in the job role. As these factors vary by individuals pay will also vary among individual associates within the same job.

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.

Job Range Target:

Minimum:

$91449.92 USD

Median:

$115143.60 USD

Incentive Pay Plans:

This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.

Benefits Information

Regions offers a benefits package that is flexible comprehensive and recognizes that one size does not fit all for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes which is not intended to be 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

Please note benefits and plans may be changed amended or terminated with respect to all or any class of associate at any time. To learn more about Regions benefits please click or copy the link below to your browser.

Required Experience:

IC