Investment Analyst : Real Estate/LIHTC : Charlotte - (charlotte, north carolina) in Charlotte, North Carolina For Sale

City: Charlotte
Address: Charlotte
Work Hours/Week: 40
Work Environment: Office
Employment Type: Permanent
Pay Type: Salaried
Exempt/Non:Exempt: Exempt
Travel Required: 0:25
People Manager: No
Job Posting End Date: 07/31/xxxx
RBC Capital Markets : Tax Credit Equity Group (rbccm/tceg), part of the Royal Bank of Canada (RBC) family, is a leading national syndicator of State and Federal Low Income Housing Tax Credits (LIHTCs) and Historic Rehabilitation Tax Credits (HRTCs). We are seeking a Real Estate Investment Analyst:LIHTC in our Charlotte, NC office.
The Investment Analyst has primary responsibility for both financial modeling and underwriting of multifamily real estate investments that generate tax credits. The analyst will support the Investment Managers and the Regional Directors in their efforts to structure and close investment opportunities under the guidance of the VP of Underwriting. This individual will also support the Syndications (investment sales) staff in the sales process with our equity investors and the Asset Management staff as the investment moves to equity closing and into the development stage.
- Primary responsibility for financial modeling and underwriting with a focus on real estate analysis and due diligence.
- Support in initial deal screening with thoughtful and thorough analysis of proposed investment opportunities, including initial financial underwriting, investment structuring and market analysis.
- Finalize proposed investment terms and prepare items required for initial processing of investment opportunities through Investment Committee.
- Throughout the life cycle of each transaction, the Investment Analyst will be responsible for timely and accurate reporting through our pipeline/inventory management systems.
- Primary responsibility for preparation of investment:specific terms for Investment Committee, including but not limited to the overall structure of the transaction and the associated risks/mitigants.
- Support the Letter of Intent ("LOI") process.
- Primary responsibility for engagement and completion of the financial and tax technical reviews and sign offs.
- Partner with Risk Management staff to perform detailed analysis on all underwriting elements of a transaction, including but not limited to, the following:
o Market Analysis
o Expense Comparable Analysis
o Sensitivity Analyses
o Structure transactions in a manner to mitigate overall transaction risks to RBC and its investors.
- Responsible for completion of the Investment Summary, including but not limited to, the following: Identification and Disclosure of all Investment Highlights and Primary Risks and Mitigants, Market Study Analysis, Financing Terms, Guarantees and Tax Risk Identification.
- In conjunction with diligence staff, prepare and submit all documentation required to ensure timely and efficient closing and funding.
- Follow best practices for the Investment production function, including timely follow:up on any outstanding diligence items and ensuring the developer's needs and concerns related to closings are fully addressed.
Candidate must possess a Bachelor's Degree, preferably in Finance, or alternately Economics, Accounting, or Real Estate/Urban Planning. Previous experience in financial modeling, affordable housing, tax credit syndication, transaction processing, or real estate underwriting activities is beneficial. A strong interest in real estate investments and/or affordable housing, and excellent quantitative and analytical skills are essential. Proficiency in MS:Outlook and MS:Office applications is required.
Diversity:
Diversity in the workplace, one of our shared values, lies at the heart of our rewarding, open, supportive and inclusive work environment. We respect and respond to the many competing and evolving priorities in our lives so you can focus on what you can do best : put clients first.
EOE/
Source: http://www.tiptopjob.com/jobs/xxxxxxxx_job.asp?source=backpage