Senior Asset Manager – Affordable Housing

Jobtailor; Colorado; On-site; USD 120,000 - 180,000; Full time

Job summary

U.S. Bancorp in Colorado is seeking an experienced investment management professional to oversee a portfolio of commercial real estate loans and equity investments. The role emphasizes tax credit investment management, regulatory compliance, and strong stakeholder communication.

The ideal candidate will have a Master's degree and/or CPA, a solid real estate background, and 6+ years of related experience. The position requires independent, detail-oriented work and adherence to company policies.

Qualifications

• Bachelor's degree or equivalent work experience.
• Six or more years of related experience.
• Understand tax credit investment management and interpret legal documents.
• Real estate background preferred and LIHTC knowledge preferred.
• Strong analytical and problem-solving abilities.
• Effective interpersonal, verbal and written communication skills.
• Strong relationship management abilities.
• Independent and detail-oriented with high motivation.
• Master's or CPA preferred.
• Commitment to U.S. Bank policies and background checks.

Responsibilities

• Manage and monitor a development portfolio of commercial real estate loans and equity investments.
• Ensure benefit delivery to investors while maintaining superior customer service for external clients.
• Maintain and expand relationships with partners, borrowers, and other external parties.
• Review audits and financial statements to assess investment quality and risk.
• Review construction draw packages and assess construction investment and lending risk.
• Monitor portfolio performance and assign risk ratings in accordance with policy.
• Complete site inspections and meetings with partners to ensure program compliance and asset/loan quality.
• Review and interpret operating agreements, loan agreements, and other legal documents.
• Prepare internal written and verbal reporting on portfolio performance.
• Ensure assigned investment projects adhere to U.S. Bancorp policies, procedures, and regulatory requirements.
• Keep current on tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management.

Skills

Tax Credit Investment Management

Commercial Real Estate Loans

Analytical Skills

Relationship Management

Legal Document Interpretation

Education

Master's Degree

CPA

Job description

• Manage and monitor a development portfolio of commercial real estate loans and equity investments
• Ensure benefit delivery to investors while maintaining superior customer service for external clients
• Maintain and expand relationships with partners, borrowers, and other external parties
• Review audits and financial statements to assess investment quality and risk
• Review construction draw packages and assess construction investment and lending risk
• Monitor portfolio performance and assign risk ratings in accordance with policy
• Complete site inspections and meetings with partners to ensure program compliance and asset/loan quality
• Review and interpret operating agreements, loan agreements, and other legal documents
• Prepare internal written and verbal reporting on portfolio performance
• Ensure assigned investment projects adhere to U.S. Bancorp policies, procedures, and regulatory requirements
• Keep current on tax credit policies, banking laws and regulations, economic and industry trends, and banking products and services related to asset management

Requirements

• Typically Bachelor's degree, or equivalent work experience
• Typically six or more years of related experience
• Thorough understanding of tax credit investment management with experience interpretating legal documentation and requirements
• General real estate background preferred
• Knowledge of LIHTC preferred
• Well-developed analytical and problem-solving skills
• Effective interpersonal, verbal and written communication skills
• Strong relationship management abilities
• Highly motivated, able to work independently, and possesses acute attention to detail
• Master's degree and/or CPA preferred
• Ability to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies
• Applicants must be able to complete applicable employment eligibility verification and background-check requirements

Demonstrates expertise in managing commercial real estate loans and equity investments, with a strong focus on tax credit investment management and compliance with U.S. Bancorp policies. Possesses well-developed analytical skills and effective communication abilities to maintain relationships with partners and clients.

Highest-signal resume keywords

• Tax Credit Investment Management
• Commercial Real Estate Loans
• Analytical Skills
• Relationship Management
• Legal Document Interpretation

Hard Skills

• Portfolio Management
• Risk Assessment
• Financial Statement Review"
• Construction Draw Package Review
• Site Inspections
• Investment Quality Assessment
• Regulatory Compliance
• Audit Review
• Loan Agreement Review
• Performance Monitoring

Soft Skills

• Interpersonal Skills
• Verbal Communication
• Written Communication
• Problem-Solving Skills
• Attention to Detail

Certifications & Qualifications

• Master's Degree
• CPA

Industry Keywords

• LIHTC
• U.S. Bancorp Policies
• Banking Laws
• Economic Trends
• Asset Management