Job Description
Job Title
Lead complex credit transactions while applying your financial expertise
Job Description
Play a key role in evaluating and approving bids for more than 200 Low-Income Housing Tax Credit (LIHTC) and structured finance projects annually. Work collaboratively with colleagues across originations, investor relations, project management, and structured finance functions.
Analyze project-level underwriting criteria, sponsor and guarantor financial capacity, investor-specific requirements, and transaction-specific characteristics to identify critical questions and issues that must be addressed prior to bid approval.
Evaluate proposed operating expense budgets, market assumptions, required services, tenant targeting, subsidy programs, rehabilitation scopes of work, and other project-specific information.
Participate in initial credit reviews for non-LIHTC investments, including solar credit investments, preservation loans, preservation equity, and other real estate investment strategies.
Collaborate with financial modeling professionals to identify and resolve technical underwriting and modeling issues during the bid review process.
Work with senior credit leadership to review underwriting exceptions and assess the overall risk and viability of proposed investments before authorization.
Contribute to the development and standardization of bid review methodologies, including transaction-specific, developer-specific, and investor-specific terms and underwriting considerations.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
The Successful Applicant
Bachelor's degree in accounting, finance, real estate, business, or a related discipline. Master's degree preferred.
Demonstrated knowledge of Section 42 and Low-Income Housing Tax Credit (LIHTC) transactions required.
Experience conducting financial analysis and evaluating the financial capacity of real estate developers and sponsors.
Strong analytical skills and the ability to produce accurate, thorough, and timely work while meeting established deadlines.
Advanced Microsoft Excel and financial spreadsheet modelling skills.
Strong organizational skills, attention to detail, and the ability to collaborate effectively across multiple business functions.
What's on Offer
Salary + Bonus
Comprehensive benefit plan
Hybrid work environment
Contact Aaron McHenry Quote job ref JN-112026-7144947
Job Summary
Sector: Real Estate
Sub Sector: Acquisitions / Disposals
Industry: Property
Where: Chicago
Contract Type: Permanent
Consultant name: Aaron McHenry
Job Reference: JN-112026-7144947
Job Nature: Hybrid working
Numbers & Facts
| Location | Chicago, Illinois |
| Job Type | Full-time |
| Industry | Staffing/Employment Agencies |
| Salary | $135,000–$146,000 Per Year |
| Company Size | 10,000 employees or more |
| Website | https://www.michaelpage.ca/ |
About Company
Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.
Our business was established in Canada in 2005 when we opened our Toronto office. Our role is to work with employers and job seekers to facilitate a successful match. This can range from advising a global company on a candidate sourcing strategy to helping a job seeker find their dream job.
In Canada, we focus on recruiting for the following areas:
Banking and financial services
Digital and e-commerce
Engineering and manufacturing
Finance and accounting
Human resources
Information technology
Marketing
Oil and gas
Procurement and supply chain
Property and construction
Sales
An Established Brand
The Group has established a leading presence in many of the key markets for professional recruitment around the world and has positioned itself in certain other markets, which offer the opportunity for future growth. Within its current largest markets, Michael Page has also built a regional presence, including in the UK, France and Australia. Consequently, the Michael Page brand is among the most widely recognized brands in the professional recruitment industry.
A Market Leader
The role of a recruitment consultancy is to act as an intermediary, identifying and sourcing suitably qualified candidates on behalf of its clients. Candidates are recruited either for permanent or contract positions (typically for a fixed term) or on a temporary basis. Within the overall recruitment industry, the market for professional recruitment services is a specialist sector which has developed more recently. Michael Page is widely recognized as leading the development of this market around the world.
Learn the benefits of working with Michael Page yourself. Submit your resume or contact a Michael Page recruitment consultant today.
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