Impact Finance - Transition Associate

Position: Impact Finance - Transition Associate 1
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

Responsible for oversight of onboarding activities regarding tax credit investments, syndications, and loans made by U.S. Bancorp Impact Finance (Impact Finance). Analyzes and interprets legal documentation for complex tax credit investment structures, syndications, and loans. Extracts key information required for successful management of investments throughout the compliance period or loan term, and provides such information to operational divisions of Impact Finance.

Supports key compliance processes related to SOX, OFAC, CRA and other controls and reporting.

Basic Qualifications

* Bachelor's degree, or equivalent work experience

* Typically three or more years of relevant experience in accounting, business administration, real estate, Paralegal or a similar field

Preferred Skills/Experience

* Well-developed analytical and problem-solving skills

* Ability to comprehend complex financial structures

* Effective verbal and written communication skills, including ability to understand and communicate key business risks

* Strong reading comprehension skills, including the ability to read and comprehend legal text

* Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

* Ability to identify and resolve exceptions and to interpret data

* Ability to manage multiple tasks/projects and deadlines simultaneously

* Experience and/or knowledge of IRC sections 42, 45D, 47 or 48 are preferred

* Experience in commercial real estate or tax credit financing is strongly desired

U.S. Bancorp Community Development Corporation d/b/a U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities.

Visit USBIF on the web to find out more at

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.

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:

* 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

Review our full benefits available by employment status here.

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.

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: $32.16 - $42.88

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable…