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LIHTC Industry Jobs:

Fund Manager

 

Posting Date: October 6, 2008
Closing Date: October 31, 2008

Title: Fund Manager
Company: PNC MultiFamily Capital
Location: Portland, OR


Description:
As an employee of PNC Financial Services Group, you become part of an organization committed to customers, employees, investors, and the communities in which we do business. PNC is an established, fast-growing and successful financial services company, with businesses organized around retail and commercial banking, asset management, and funds processing. Our branches are concentrated in eight Mid-Atlantic States and the District of Columbia; additional offices are located nationwide and internationally. We are growing rapidly in size, with recent acquisitions in Washington DC, Maryland, and New Jersey. We are also growing in reputation, as a leader in areas such as work/life family culture, "green" building design, frontier technology, and strong corporate social responsibility.

As a Fund Manager, you are a member of PNC's MultiFamily Capital Group. Our seasoned professionals bring together one of the most experienced teams in the multifamily housing industry. PNC MultiFamily Capital is a leading provider of integrated products and services for the multifamily housing industry. Our portfolio of multifamily, senior and healthcare investments for the affordable and market rate housing industry has grown to over $2.5 billion. PNC MultiFamily's history of successes combined with the expertise of PNC's full-service team, provides "one-source" for capital options our customers can count on. You will be located in our office in Portland, Oregon. Your responsibilities will be to maximize PNC's investors' returns through managing the performance of each multi-investor and proprietary fund offering from its initial closing through the term of the investment. You will report to a Fund Manager Team Leader.

Your responsibilities will vary day to day as you are involved in the upper-tier fund modeling and investment structuring, participating in upper-tier partnership agreement negotiations and the offering structure. You will also monitor each lower-tier asset from execution of the letter of intent through the life of the investment, including through construction completion and lease up. PNC's commitment to leadership in affordable housing means you will always be at the leading edge of the market. All the while, you'll enjoy working in an industry that continues to change and the opportunity for movement into other areas of affordable housing.

Responsibilties: The successful candidate will have the following qualifications:

  • • Bachelors Degree in Real Estate, Business, Finance or Accounting
  • • 5 years experience in multifamily finance, LIHTC investments or real estate investment analysis is required.
  • • Strong modeling and Excel skills required.
  • • A CPA or MBA designation preferred.
  • • Must be adept at communication, particularly communication of complex information, and able to manage a complex and shifting environment.

PNC is committed to offering you a comprehensive and competitive benefits package. We design our full time and part time benefits programs based on PNC's benefits philosophy to provide quality levels of coverage at affordable costs over the long term for both employees and PNC. We strive to balance the cost of providing competitive benefits with the need to cover employees with a wide range of protection during and after employment.

Options you may be able to consider include

  • • Medical and Dental Coverage
  • • Life Insurance
  • • Part Time Benefits
  • • Education Assistance
  • • Paid Training
  • • Paid Vacation
  • • Competitive Pay
  • • Shift Differential
  • • 401(k) and Pension Plan
  • • Employee Stock Purchase Plan
  • • Flexible Schedules
  • • Growth Opportunity
  • • Work/Life Balance

PNC is an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO

To Apply:
https://pnc.taleo.net/careersection/2/jobdetail.ftl?lang=en&job=600673
Interested individuals please submit your interest for requisition number 600673 by selecting the "Apply Now" button. By selecting the "Apply Now" button you will be linked automatically to PNC's website to submit your interest. Please follow the instructions provided.

After your submission of interest is received, it will be available for review and consideration by the recruiter for this position. If you are scheduled for an interview, mention that you noticed our posting on the Novoco web site.

PNC is an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO