LIHTC Modeling & Structuring Lead

National Equity Fund; Chicago (IL); On-site; USD 90,000 - 150,000; Full time

Job summary

National Equity Fund is seeking a LIHTC modeling and structuring specialist in Chicago to ensure accuracy, consistency, and tax/structural integrity of investment models from bid through closing and across the project life cycle.

This role blends advanced Excel modeling with tax structuring expertise, collaborating with underwriting, Fund Accounting, Investor Relations, and external counsel to keep models investor-ready and compliant with current tax law.

Qualifications

• Bachelor's degree in Business, Accounting, Finance, Economics, or Mathematics (Master's or CPA preferred); tax accounting background strongly preferred.
• 4+ years of LIHTC experience, including experience in real estate structuring, debt structuring, and partnership modeling.
• Advanced Excel skills, including the ability to build, manipulate, and troubleshoot complex tax-incentivized real estate models
• Familiarity with specialized tax structuring conventions and time value of money concepts
• Specific knowledge of tax issues affecting limited partnerships, entity classifications, and Section 42 (LIHTC) projects preferred
• Familiarity with other federal or state tax credit programs (historic, solar, new markets) a plus
• Strong communication skills and ability to work effectively across departments and with external partners
• High attention to detail, ability to multi-task and work independently in a fast-paced, deadline-driven environment

Responsibilities

• Review and troubleshoot Excel models for new project bids and throughout the project life cycle to support the closing team and ensure accurate inputs, outputs, and alignment with internal modeling standards and tax law
• Review projections in conjunction with NEF’s Tech Committee, Investment Proposal preparation, and pre-closing for assigned projects
• Recommend changes that may enhance yield or address structuring issues
• Coordinate with external counsel on transaction structuring considerations
• Conduct closing audits to confirm projections accurately reflect technical and business terms
• Troubleshoot and redesign models as needed, including managing and adapting the organization's primary underwriting spreadsheet model
• Manage investor and credit requests for stress analyses for multi-fund closings and Investment Proposal packages
• Manage and assist with post-closing change requests as assigned and support Asset Management in evaluating the impact of post-closing structural or financial changes
• Assist other departments, including Fund Accounting and Investor Relations, in evaluating and modeling any unique requirements for assigned projects

Skills

Advanced Excel

LIHTC experience

Tax structuring

Financial modeling

Cross-functional collaboration

Education

Bachelor's degree in Business/Accounting/Finance/Economics/Mathematics

Master's degree or CPA preferred

Job description

National Equity Fund is seeking a LIHTC modeling and structuring specialist in Chicago to ensure accuracy, consistency, and tax/structural integrity of investment models from bid through closing and across the project life cycle.

This role blends advanced Excel modeling with tax structuring expertise, collaborating with underwriting, Fund Accounting, Investor Relations, and external counsel to keep models investor-ready and compliant with current tax law.