Asset Analyst, Capital Formation

Baker Tilly US; Milwaukee (WI); On-site; USD 62,000 - 95,610; Full time

Job summary

Baker Tilly is seeking an Asset Analyst to monitor NMTC projects and manage compliance reporting for client portfolios from pre- to post-closing.

The role includes reviewing financial models, construction budgets, and borrower certifications, and addressing risk factors under NMTC provisions.

Qualifications

• 4-year degree required.
• 1 year professional experience required.

Responsibilities

• Monitor NMTC project compliance reporting for client portfolios.
• Prepare and review annual community impact questionnaires and borrower certifications.
• Assess project and partnership risk factors per NMTC provisions and operating agreements.
• Establish and maintain relationships with investors, lenders, developers and other partners.
• Collaborate with production team to ensure accurate data management and reporting.

Skills

Financial analysis

Communication skills

Team collaboration

IT proficiency

Independent work

Education

Bachelor’s degree or higher in related field

4-year degree

Job description

Overview

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast‑to‑coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion.

Equal Opportunity Employer

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.

Responsibilities

The Asset Analyst will be responsible for portfolio monitoring and addressing compliance and asset management issues during the underwriting and closing stage, throughout the compliance period, and through the disposition/exit stage of the New Market Tax Credit investments. The Asset Analyst will focus on NMTC projects for Baker Tilly clients to deliver required reviews, comments, and work product related to pre‑closing and post‑closing financial models and reviews of construction budgets/draws. He/she will be responsible for all aspects of compliance reporting for client portfolio, verification and accuracy, and analysis of additional community impact reporting. The Asset Analyst will assess project and partnership risk factors in compliance with Section 45 provisions, allocation agreement requirements, and operating agreement conditions. This person will establish strong working relationships with investors, lenders, and financial partners and will assist with the preparation and modification of annual community impact questionnaires.

• Focus on assigned NMTC projects for Baker Tilly clients delivering required reviews, comments and work product (pre and post‑closing financial models/analysis – work with borrowers to discuss ongoing reporting compliance, address borrower financial strength, understand and document community impacts, construction draw reviews, etc.). Once project data is reviewed, designate appropriate risk ratings and prepare periodic internal reports for management/clients. Assist with mitigating risk.
• Responsible for all aspects of compliance reporting for client portfolio including the organization, collection, verification and accuracy of compliance data on an annual basis, as well as the collection and analysis of additional annual community impact reporting and borrower certifications.
• Continually assess project and partnership risk factors as they pertain to compliance with Section 45 (NMTC) provisions, allocation agreement requirements and operating agreement conditions. Monitor loan defaults and ensure there are no mechanic liens or other non‑permitted encumbrances on the project.
• Along with fellow team members, and other intermediaries, establish strong, productive working relationships with investors, lenders, project developers, and other financial partners. Cultivate relationships conducive to information sharing and problem solving. Provide exemplary customer service. Employ customer retention strategies to seek ways to extend Baker Tilly’s services beyond the current transaction.
• Alongside the production team, assist with the preparation and modification of annual community impact questionnaires. Send, collect and review completed questionnaires for completeness and reasonableness. Maintain database information integrity as it relates to compliance data, financial reporting, construction updates, and project information.

Minimum Qualifications

• 4-year degree
• 1 year professional experience

Preferred Qualifications

• Bachelor’s degree in real estate finance, economics, business, accounting or a related field is required.
• Two years of experience in asset/portfolio management or real estate finance is preferred.
• Strong aptitude with information technology with proficient skills in word‑processing, spreadsheet and presentation software and the ability to adapt to new technology is required.
• Strong financial analysis skills with the ability to recognize financial issues through review of borrower financial statements.
• Ability to establish and maintain effective working relationships with supervisors, co‑workers, and outside business professionals.
• Self‑starter who exhibits the drive and resourcefulness to work independently and with team members toward common Company goals – show confidence in functional skills and an ability to apply those skills in a multi‑task cross‑functional team setting.
• Ability to work in an evolving, team‑oriented environment, and accept new challenges as assigned.
• Must exhibit excellent communication skills (verbal and written).

Compensation

In Wisconsin: pay rate range for this role is $62,000 – $95,610. Actual compensation is influenced by a variety of relevant factors including but not limited to applicant’s skills, prior experience, qualifications, degrees, professional certifications, work arrangements and geographic location. Baker Tilly offers a comprehensive compensation and benefits package to eligible employees.