Director - Acquisitions, LIHTC (Remote)
Job Description
The Opportunity
The Director, Acquisitions, will originate, structure, and negotiate tax credit investments that are consistent with Berkadia Affordable Tax Credit Solutions’ objectives and investor demand. This person will identify potential complex LIHTC issues and negotiate business terms with clients..
- Working as a team, identify developers with prospective LIHTC transactions, targeting specifically where investor needs are located nationwide, and originate new business product.
- Work closely with Acquisitions, Underwriting, Investor Relations, Asset Management, Fund Management, Accounting, and senior leadership in successfully acquiring new LIHTC transactions.
- Have and maintain a high level of proficiency in utilizing the Berkadia Affordable Housing tax credit model.
- Have and maintain a high level of understanding of the Berkadia Affordable Housing Policies and Procedures, underwriting policies, industry standards, and LIHTC investor needs.
- Have and maintain knowledge of complex real estate underwriting, tax and LIHTC requirements.
- Promote the Berkadia Affordable Tax Credit Solutions brand through online and in person efforts by attending and speaking on panels at industry conferences (national, regional, and state) and other networking events throughout the year.
- Establish and maintain relationships with tax credit developers, investors, lenders, attorneys, accountants, and consultants through frequent communication and in person meetings.
- This position requires travel.
- Other duties as assigned.
What it takes to be successful in this role
- Seven to ten years prior experience in a similar position.
- Outstanding attention to detail.
- Possess a high sense of customer engagement and the proven ability to build relationships with both internal and external clients.
- Strong organizational skills and ability to multitask.
- Possess strong written and verbal communications skills and the ability to interact with all levels of an organization, including senior executives.
- Confident and effective collaborator.
- Ability to thrive in a dynamic and growing environment.
- Impeccable integrity.
#LI-EP1 #LI-Remote
Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.
In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact [email protected].
You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia's Application Policy and Berkadia's Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.
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Date Posted
12/03/2023
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5
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