ITC & LIHTC Investment Manager

East West Bank; Houston (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

East West Bank is seeking a Tax Investment Manager to lead underwriting, financial modeling, and asset management of a diversified portfolio of tax credit investments, with a primary focus on ITC, LIHTC, and related programs. You will evaluate risks, structure transactions, and monitor performance to maximize after-tax economics and realized benefits.

The role requires strong project finance and tax equity expertise, plus the ability to collaborate with internal tax, legal, accounting, treasury,

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business, Engineering, or related field; MBA, CPA, CFA, or advanced degree preferred.
• 8+ years of experience in tax credit investing, renewable energy finance, project finance, tax equity investing, structured finance, or related disciplines.
• Significant experience underwriting and managing Investment Tax Credit (ITC) investments and renewable energy transactions strongly preferred.
• Experience with partnership structures, tax equity financing, sponsor-level underwriting, and project finance transactions.
• Demonstrated experience managing investments through development, construction, operational, and tax compliance periods.

Responsibilities

• Lead comprehensive underwriting and due diligence of tax credit investment opportunities, with emphasis on renewable energy ITC and tax equity transactions.
• Assess project finance fundamentals, including sponsor strength, developer track record, construction risk, operating risk, revenue stability, capital structure, and financing assumptions.
• Build, maintain, and enhance complex financial models to evaluate projected tax benefits, cash flows, partnership economics, IRR, ROI, and after-tax returns.
• Perform detailed sensitivity analyses and stress testing across key variables including energy production, construction schedules, tax credit delivery, recapture risk, operating performance, and changes in tax law.
• Analyze partnership flip structures, tax equity waterfalls, allocation methodologies, and projected capital account outcomes.

Skills

Advanced modeling

Project finance

Tax equity

Excel

Risk assessment

Education

Bachelor's degree in Finance or related

MBA/CPA/CFA preferred

Tools

Excel

DCF models

Job description

East West Bank is seeking a Tax Investment Manager to lead underwriting, financial modeling, and asset management of a diversified portfolio of tax credit investments, with a primary focus on ITC, LIHTC, and related programs. You will evaluate risks, structure transactions, and monitor performance to maximize after-tax economics and realized benefits.

The role requires strong project finance and tax equity expertise, plus the ability to collaborate with internal tax, legal, accounting, treasury,