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Assistant Vice President, Account Manager

  • Reports To
    Managing Director, Account Management, Acquisitions
  • Location
    Indianapolis, IN or Boston, MA
  • Date
    October 2020

CREA, LLC (CREA) is a full service LIHTC Syndicator with tax credit equity financing in excess of $6 billion since inception in 2001.  CREA was founded on the “Real Estate First” philosophy that behind every exceptional real estate investment is fundamentally sound real estate; our team pledges to provide innovative real estate investment solutions. While CREA has continued to grow to well over 100 employees we continue to look for talented and passionate individuals who are excited about opportunities to grow with into the future.

 

Position Summary:

The primary role of the Assistant Vice President, Account Manager is to work closely with the Managing Director, Account Management in managing developer relationships and closing lower tier partnerships.  In addition to reviewing and analyzing financial forecasts, the position requires the ability to effectively coordinate with outside legal counsel and internal underwriting procedures regarding the closing of qualifying Low-Income Housing Tax Credit properties under Section 42 of the Internal Revenue Code.  The qualified candidate must be able to effectively communicate with third party lenders, borrowers, counsel, title companies and internal personnel.  Job responsibilities include:

  • Structure and analyze financial forecasts for Low Income Housing Tax Credit properties;
  • Negotiate Partnership Agreements in accordance with CREA Investment Guidelines;
  • Review title, survey, organizational documents, loan documents and insurance certificates to ensure conformance with CREA Investment Guidelines;
  • Prepare Capital Committee presentations and coordinate inter-departmental approvals;
  • Coordinate third party approvals throughout the closing process;
  • Prepare Transition Memorandums; and
  • Other duties as requested by the Managing Director

 

Requirements:

This position requires a bachelor’s degree, preferably in Finance or Business Administration or a related field; a minimum of three years applicable experience required. Candidate must have excellent communication skills. Some overtime at certain times of the year is required.  Must be proficient with Microsoft Office Suite with a heavy emphasis on Excel and Word.  Must possess and be able to demonstrate effectiveness with each of the following Key Attributes:

 

Key Attributes:

  • Ability to effectively administer sensitive and confidential information
  • Must have strong imitative and be able to work with little guidance & supervision
  • Strong organizational skills with the ability to prioritize
  • Analytical and evaluative skills
  • Ability to be flexible and adapt to change
  • Ability to function well in a team environment as well as work independently
  • Excellent oral and written communication skills
  • Professionalism/Ethics (Trust, Attitude, Commitment, Honesty, Collaboration & Approachability)

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