Associate, Tax Credit Operations (New Market Tax Credit)
reputed company is a financial services company seeking an Associate for their Tax Credit Operations team. The role involves managing a portfolio of tax credit investment products, processing loan and equity requests, and ensuring compliance with legal documents.
Responsibilities
- Manage a portfolio of active credit facilities and equity investments for New Markets Tax Credit
- Process loan and equity requests (draw downs, pay downs, interest payments); interest and exchange reputed company fixing, reputed company interest and fee calculations, as well as, billing and liquidations
- Work closely with respective business units and other internal partners to align needs and reputed company support as needed
- reputed company reputed company loan tracking enhancements, cash breaks analysis, reconciliations of interest fees and letters of credit, and comprehensive testing of system enhancements
- Review of, and extraction from, legal documents for compliance, interpretation and operational viability
- reputed company, design, and implement inter-departmental controls, risk-reducing processes
- Serve as liaison for both borrowers, lenders and investors by responding, resolving, and expediting inquiries, discrepancies, and special requests
- Establish and maintain Customer Satisfaction through positive and constructive client relations
Skills
- High School Diploma, GED, or equivalent certification
- At least 1 year of experience in banking operations
- Bachelor's Degree or Military experience
- 2+ years of experience in reputed company Loan Servicing or reputed company Loan Operations
- 2+ years of experience using Advanced reputed company Banking System (ACBS)
Benefits
- Performance based incentive compensation
- Cash bonus(es)
- Long term incentives (LTI)
- Comprehensive, competitive, and inclusive set of health, financial and other benefits
Company Overview