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Underwriter IV – Tax Credit

Underwriter IV – Tax Credit

CompanyPNC Financial Services
LocationBoston, MA, USA, Louisville, KY, USA, Grand Rapids, MI, USA, Pittsburgh, PA, USA, Atlanta, GA, USA
Salary$65000 – $179400
TypeFull-Time
Degrees
Experience LevelSenior

Requirements

  • LIHTC experience is required
  • Knowledge of IRS Code Section 42 and 47
  • Knowledge of equity structures and documentation
  • Knowledge of market research (including onsite inspections and market comp analysis)
  • Knowledge of 3rd party or external guidelines

Responsibilities

  • Works independently with little or no oversight
  • Exercises exception and elevated approval authority
  • Prepares offerings for all types of transactions at any level of complexity or in management of a portfolio as assigned
  • Interacts with internal/external customers
  • Provides recommendations for credit structuring
  • Serves as subject matter expert for certain asset classes
  • Serves as a coach, work lead and trainer for the group
  • Identifies risks and mitigants, prepares offerings and/or scorecards
  • Performs ongoing credit risk management for assigned portfolio
  • Contacts internal/external customers to gather information
  • Identifies and/or confirms all external regulatory requirements
  • Makes recommendations on credit decisions or makes credit decisions directly

Preferred Qualifications

  • Credit Decisions
  • Decision Making
  • Financial Analysis
  • Identifying Risks
  • Process Improvements
  • Results-Oriented
  • Risk Assessments
  • Accuracy and Attention to Detail
  • Coaching Others
  • Credit Analysis and Verification
  • Decision Making and Critical Thinking
  • Knowledge of Underwriting
  • Managing Multiple Priorities
  • Market Research
  • Real Estate Development
  • Real Estate Practice
  • Real Estate Property Data Analysis
  • Real Estate Sales Closings and Agreements
  • Regulatory Environment – Financial Services