NMTC Project Manager: Underwriting & Closings Lead

0101 The Huntington National Bank; Pittsburgh (Allegheny County); On-site; USD 90,000 - 130,000; Full time

Job summary

Huntington National Bank is seeking a New Markets Tax Credit (NMTC) Business Development Associate Project Manager to work on equity and debt underwriting and close coordination with internal and external teams at the Pittsburgh Vision office.

The role involves financial modeling, risk assessment, and preparing comprehensive deal memos, with opportunities to lead partnership negotiations and due diligence. On-site position in Pittsburgh, PA.

Qualifications

• Bachelor's Degree from an accredited university; Finance, accounting, or business degree preferred.
• 2+ years NMTC experience with technical knowledge of the NMTC program.
• Basic proficiency in Excel modeling of debt and equity investments.
• Knowledge of limited partnership agreements and loan documents with focus on guarantees and security.
• Some tax credit syndications knowledge.
• Strong presentation skills to Credit and other internal stakeholders.
• Familiarity with NMTC and related tax credit programs is a plus.

Responsibilities

• Underwriting debt facilities and equity investments and coordinating successful closings.
• Acting as a contact with the developer during underwriting and closing.
• Financial modeling of sources and uses, capital stack, development and operating budgets, cash flow, and related analyses.
• Identify and describe risks and devise mitigants.
• Draft memorandums summarizing transaction structure, budgets, guarantor analysis, compliance, and risk.
• Lead limited partnership agreement negotiations, closing timelines and due diligence.
• Maintain updates with Credit on investment and loan matters.

Skills

NMTC experience

Excel modeling

Presentation skills

LP agreements knowledge

Tax credit knowledge

Financial analysis

Education

Bachelor's Degree

Tools

Excel

Job description

Huntington National Bank is seeking a New Markets Tax Credit (NMTC) Business Development Associate Project Manager to work on equity and debt underwriting and close coordination with internal and external teams at the Pittsburgh Vision office.

The role involves financial modeling, risk assessment, and preparing comprehensive deal memos, with opportunities to lead partnership negotiations and due diligence. On-site position in Pittsburgh, PA.