What are the responsibilities and job description for the Financial Analyst position at Pivotal Housing Partners?
Description
POSITION OVERVIEW:
Primary responsibility is to support the production and development activities of the Development Team in the Upper Midwest Region and Texas Region by performing and providing all financial feasibility modeling, helping to strategically structure affordable housing transactions based on Qualified Allocation Plan requirements and expertise, coordinating the completion of assigned affordable housing applications, and assisting developers in the execution of assigned transactions. This is a position that requires a high level of attention to detail, multi-tasking, an ability to deal with ambiguity, an ability to work well under pressing deadlines and sometimes stressful situations, and an ability to think strategically through complex data and often conflicting requirements. This position requires the ability to deal effectively with people at all organizational levels, both internally and externally. This is a salaried position requiring occasional work beyond 40 hours/week as required to meet deadlines. We're hiring someone to do a job, not to show up for 40 hours a week. You will take ownership in what you do. This is a position for you if you have an interest in real estate finance (particularly Low-Income Housing Tax Credit industry), you want to make an impact in community and you are willing to learn on the go.
Requirements
POSITION DUTIES: These are the things that you are going to be responsible for and held accountable for -- of course, we can't list everything or every situation, and you may be given a task or project to complete not listed here that is necessitated by the needs of the business.
POSITION OVERVIEW:
Primary responsibility is to support the production and development activities of the Development Team in the Upper Midwest Region and Texas Region by performing and providing all financial feasibility modeling, helping to strategically structure affordable housing transactions based on Qualified Allocation Plan requirements and expertise, coordinating the completion of assigned affordable housing applications, and assisting developers in the execution of assigned transactions. This is a position that requires a high level of attention to detail, multi-tasking, an ability to deal with ambiguity, an ability to work well under pressing deadlines and sometimes stressful situations, and an ability to think strategically through complex data and often conflicting requirements. This position requires the ability to deal effectively with people at all organizational levels, both internally and externally. This is a salaried position requiring occasional work beyond 40 hours/week as required to meet deadlines. We're hiring someone to do a job, not to show up for 40 hours a week. You will take ownership in what you do. This is a position for you if you have an interest in real estate finance (particularly Low-Income Housing Tax Credit industry), you want to make an impact in community and you are willing to learn on the go.
Requirements
POSITION DUTIES: These are the things that you are going to be responsible for and held accountable for -- of course, we can't list everything or every situation, and you may be given a task or project to complete not listed here that is necessitated by the needs of the business.
- With the Development Team, help create the annual affordable housing development strategy in assigned states (deal structures, “must have” items, etc.).
- For assigned developments, prepare all necessary financial pro-forma from initial feasibility through 8609, as necessary.
- Provide preliminary feedback to developers within 48 hours (2 calendar days) of being assigned a development.
- Complete assigned portions of all assigned affordable housing applications, including the “numbers” portion; The goal is for these portions to be error-free.
- Contribute to presentations, for all assigned developments, for all required internal meetings, and external meetings, where appropriate.
- Become acquainted with Qualified Allocation Plans (QAPs) in Texas, Illinois, Missouri and Indiana. Be an expert in at least 2 states.
- Attend and participate (as needed) in internal meetings when assigned developments are discussed.
- Meet and communicate with various non- and for-profit partner entities, in some cases, serving as a main point of contact for certain partners.
- Attend conferences, trainings, QAP public hearings and other applicable gatherings in assigned states, and where appropriate.
- Stay abreast of real estate and industry trends, legal and policy issues, etc., through active reading of various industry publications.