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Business Development Officer I
Huntington National Bank. Work with Business Development Officers on originating and underwriting equity and debt for LIHTC investments and loans .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in LIHTC investments and underwriting, with strong financial modeling capabilities and relationship-building skills. Proficient in analyzing financial statements and coordinating with internal teams for successful closings.
Highest-signal resume keywords
LIHTC ExperienceFinancial ModelingUnderwriting SkillsPresentation SkillsRelationship Building
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Financial ModelingUnderwritingDebt AnalysisEquity AnalysisCapital Stack AnalysisPro Forma DevelopmentCash Flow AnalysisMarket Comparables AnalysisLimited Partnership AgreementsTax Credit Syndications
Soft Skills
Strong Presentation SkillsRelationship Building
Tools & Technologies
Excel
Industry Keywords
LIHTC ProgramTax Credit ProgramsConstruction DebtPermanent DebtFinancial StatementsReal Estate OwnedBusiness PlansCommunity ImpactPolicy DiscussionsAsset Management
About the role
Key responsibilities & impact- Work with Business Development Officers on originating and underwriting equity and debt for LIHTC investments and loans
- Assist BDOs with originating LIHTC equity and construction and permanent debt at the lower tier
- Assist BDOs with origination of construction and permanent debt via CDLI’s investments in multi and proprietary funds
- Perform financial modeling of tax benefits, capital account analysis, sources and uses, capital stack, development and operating budgets, pro formas, cash flow, benefit schedules, revenue, expenses, debt structures, market comparables, and other relevant analyses
- Act as a contact with developers during underwriting and closing, emphasizing relationship building
- Underwrite sponsors by analyzing financial statements, real estate owned schedules, entity structures, business plans, and related processes
- Underwrite direct investments and coordinate successful closings with internal groups, including closers, loan administrators, and RETS
- Collaborate with CDLI colleagues to create a best-in-class business development, project management, underwriting, closing, and asset management platform
- Act as a point of contact with Credit through regular and substantive updates on key issues
- Demonstrate stewardship over Huntington’s financial and community impact interests
- Represent the bank at industry events and participate in industry-leading discussions, including policy
- Serve as a point of contact for legal and accounting professionals
- Perform other duties as assigned
- Report to the Director of Business Development
Requirements
What you’ll need- Bachelor’s Degree
- 3 or more years of LIHTC experience, including technical knowledge of the LIHTC program
- Bachelor’s degree in finance, accounting, or business
- Technical knowledge of the LIHTC program
- Familiarity with other tax credit programs such as State and Historic Tax Credits and debt products
- Basic proficiency in Excel modeling of debt and equity investments
- Basic knowledge of limited partnership agreements and loan documents, with focus on guarantees and security
- Basic understanding of analyzing sponsor financial statements, real estate owned schedules, organizational structures, and business plans
- Some tax credit syndications knowledge
- Strong presentation skills to Credit and other internal stakeholders
- Applicants must be currently authorized to work in the United States on a full-time basis
- Huntington will not sponsor applicants for immigration benefits
Benefits
Comp & perks- Exempt status; not eligible for overtime pay
- Equal Opportunity Employer
- Tobacco-Free Hiring Practice