CDC Guarantor/Sponsor Underwriter - US Bank (Hawaii)
We facilitate and manage loans and investments in economic development, renewable energy, historic renovation and affordable housing, contributing to a society in which all people can participate, prosper, and reach their full potential.
The Guarantor/Sponsor Analyst works within a team of Project Managers and Business Development Officers and specializes in the understanding and underwriting of the business and financial structure of Guarantors/Sponsors of RETC investments. The Guarantor/Sponsor usually represents an individual, for profit or non-profit entity or a combination of these which is/are required to guaranty certain benchmarks related to the Bank's equity investments.
**Primary Responsibilities/Duties:**
1. Manage relationship with Executives or CFO's of development companies as it pertains to corporate or individual financial review.
2. Develop and implement an effective approach to information gathering and analysis in the context of understanding the sustainability of development companies and guarantors.
3. Gather appropriate financial statements, schedules and corporate structure documents, including but not limited to audits, internally prepared statements, tax returns, bank statements, schedule of contingent liabilities, etc. from the respective Guarantors/Sponsors.
4. Conduct in-person meetings or phone interviews with the company executives and/or CFO's as well as development and management teams, with an eye to determining the viability of the short term and long term business plan, cash position, budget vs. current operations, hiring and organizational trends, etc. Discussions should include a focus on risk management within the organization as well as systems and controls (especially where financial statements are not audited).
5. Spread and analyze the financial statements and other related due diligence with a focus on following cashflow and legal obligations in and around the corporate, partnership and individual ownership structures. Determine whether or not the current operating model is sustainable and what, if any, warnings signs there may be.
6. Make recommendation on guarantor structure and/or help shape deal structure.
7. Memorialize the recommendation, analysis and financial results in a document that will be incorporated as part of the credit package for the investment.
8. The job will also entail various aspects of analyzing, underwriting and closing RETC investments as time permits.
**Qualifications:**
Basic Qualifications
- Bachelor's degree in finance or accounting, or equivalent work experience
- Four or more years of experience in financial services and/or RETC activities
- Three or more years of CDC experience, or comparable work experience
Preferred Skills/Experience
- Audit or accounting experience with real estate developer.
- In-depth knowledge of tax credit programs and/or commercial real estate finance
- Knowledge of, and ability to communicate effectively on, the relevant structure of real estate development companies including partnership structures, commercial real estate finance, tax and accounting concepts.
- Familiarity with RETC or other forms of finance relevant to the RETC Program.
- Strong relationship management skills with the ability to communicate clearly and concisely.
- Good communication skills; both oral and written. Demonstrated ability to ask pertinent questions, digging for just the right detail without seeming invasive.
- Highly motivated self starter with good attention to detail and proficient skills with financial spreadsheets and office software.
- Demonstrated ability to motivate others to achieve bank goals.
- Ability to simplify complex and voluminous information by focusing on key issues, activities and goals and identifying and acting upon a critical path.
- Ability to identify obstacles, manage expectations internally at U.S. Bank and externally with clients, and to effectively create solutions to problems which arise.
- Advanced degree in business or law preferred
**Job:** Project Management / Analysis
**Primary Location:** United States
**Shift:** 1st - Daytime
**Average Hours Per Week:** 40
**Requisition ID:** 190001805
