CCC works with for-profit and non-profit developers, as well as state and local government agencies on both straightforward and highly structured transactions that may use a combination of taxable and tax-exempt loans or bonds, Low Income Housing Tax Credit equity, and governmental and private subsidies. CCC provides capital directly or as an intermediary. CCC is a construction lender and a permanent lender, a Fannie Mae DUS lender and a Freddie Mac Optigo lender. CCC also acts as principal in unique equity investments – all designed to improve neighborhoods, create jobs, or improve the health care services or educational opportunities available to the communities we serve.
Job Responsibilities:
- Support CCC teams in the structuring, closing, and on-going monitoring of CRA qualifying loans, tax credit and traditional equity investments, structured products and other solutions
- Support CCC’s affordable housing securitization team in the structuring of securitization transactions including underlying loan due diligence, rating agency coordination, document preparation and review, coordination of investor and rating agency site visits, data tape analysis and diligence and coordination with 3rd party underwriters
- Develop and maintain models to calculate cash flows, profitability and returns associated with potential new transactions
- Develop and maintain models for valuation of existing portfolio investments
- Prepare term sheets, deal summaries, marketing materials and presentations on CRA qualifying products for CCC teams and clients
- Draft materials and coordinate Investment Committee Approvals from Business, Risk, Asset Management, Transaction Management, Pricing and others
- Draft materials and coordinate internal approvals with control functions in Citi, including Risk, Treasury, Accounting Policy, Financial Control, Tax, Legal, Compliance, and others for new product initiatives
- Manage databases and work with Technology development team on strategic projects to support CCC
- Proactively and independently work with senior managers to create reporting and presentations on CCC portfolio and origination activities
- Review daily and monthly profit and loss from Product Control for various business strategies
Qualifications:
- BA/BS with emphasis in real estate, business or economics
- 1-2 years experience in banking, consulting or finance preferred
- Excellent oral and written communication, organizational and interpersonal skills, as well as the ability to multi-task under tight deadlines
- Excellent MS Excel and quantitative analysis and spreadsheet skills are required
- Experience with financial modeling and database programs (SQL, Qlikview) preferred
- Ability to create high-quality PowerPoint presentations
- The candidate will be required to pass all necessary FINRA exams and licensing requirements
Institutional BankingInvestment BankingFull timeNew York New York United States$110,000.00 - $125,000.00
Anticipated Posting Close Date:
Dec 20, 2024View the " " poster. View the .
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