At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job Description
The Impact Finance Syndications Senior Fund Managers strengthen the firm's relationships with existing accounts and drive continuous service improvements with the ultimate focus on business retention. The Syndications Senior Fund Manager will primarily focus on LIHTC/NMTC Funds and will be the primary face of U.S. Bancorp Impact Finance to upper tier investors on a post close basis. The Syndications area is responsible for supporting the distribution of products to institutional investors as a syndicate.
The Syndications Senior Fund Manager is responsible for preparing and delivering annual and quarterly reports to investors, facilitating the preparation of syndicated funds' financial models, coordinating the preparation of syndicated funds' annual audited financial statements and tax returns, processing of syndicated funds' legal documentation and invoices, and managing the various needs of the syndicated funds from close to investor exit. Additionally, the Syndications Senior Fund Manager communicates with internal Impact Finance Asset Managers and investors on lower tier requests to gain investor consent. The Syndications Senior Fund Manager will lead various strategic initiatives to drive operational efficiency for the Fund Management team and Syndications as a whole.
Basic Qualifications
Typically Bachelor's degree, or equivalent work experience
Typically six or more years of related experience
Preferred Skills/Experience
Strong skills in financial analysis, understanding of financial models, and familiarity with internal rate of return concepts
Understanding of partnership tax returns, financial statements, tax concepts and/or partnership law and legal documents
Basic knowledge of risk assessment and evaluating targeted returns from investments
Ability to prioritize work, initiate projects/tasks, and meet deadlines with minimal supervision
Proficient computer navigation skills using a variety of software packages including Microsoft Office applications and financial models
Ability to formulate creative solutions and think 'outside of the box'
Ability to lead and drive strategic initiatives/ special projects with multiple stakeholders with minimal supervision
Knowledge of the LIHTC and NMTC Programs
Location Expectations
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $111,605.00 - $131,300.00
U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
