LIHTC Industry Jobs:

Community Development Investment Manager

 

Posting Date: April 16, 2008
Closing Date: Until filled

Title: Community Development Investment Manager
Company: Capital One Bank
Location: Richmond or McLean, Va.

Description:
In todays fast-paced, endlessly segmented financial service arena, its all about having expertise in specialized disciplines. Do you have knowledge where it really counts in Community Development Finance? If so, its time you consider joining a fast-paced, collaborative environment that appreciates and rewards your experience.

Imagine a Fortune 500 company with a real innovative streak. A financial powerhouse poised to redefine its industry. Yes, Capital One has moved into the world of retail banking! Capital One Financial Corporation is a holding company offering an unmatched range of financial products and services to consumers, small businesses and commercial clients. With over 700 branches, our footprint includes: New York, New Jersey, Connecticut, Texas and Louisiana and our ambitions are truly national.

So what does this mean for you? How about the chance to excel in our supportive, team-oriented environment. To be challenged to advance your skills alongside the brightest talent in the business. And to take on important responsibility from day one while building a rewarding career all with a fast-growing industry leader.

Reporting to the head of Community Development Investment, the CDI Investment Analyst / Manager will analyze, underwrite, and prepare approval recommendations for community development investments for Capital One Bank and Capital One N.A., with a focus on investing in Low Income Housing Tax Credits (LIHTC). Assist in the management of client and vendor relationships. Prepare activity reports for senior management and handle the day-to-day administrative activities for CDI origination.

Responsibilties:
Basic Qualifications:
Bachelors degree.
3 years experience underwriting community development / affordable housing investments and/or underwriting experience in commercial real estate or community development finance

Preferred Qualifications:
Bachelors degree in Finance or Accounting.
Underwriting experience with a leading syndicator or purchaser of low income housing tax credits.
Experience in managing client relationships.
Familiarity with Community Reinvestment Act and related examination process.
Experience in working with legal counsel.
Ability to analyze and structure investment transactions and present them for approval.
Negotiation and closing skills.
Ability to understand complex transaction documents.
Ability to work independently.
Excellent oral and written communication skills.
Ability to travel occasionally.

This position can be located in Richmond or McLean, Va.
Capital One will not file non-immigrant visa petitions for alien workers.

To Apply:
Send resume to celeste.dwyer@capitalone.com.