Managing Director – LIHTC Community Investments

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🏄 California, Iowa – Remote

🏄 California – Remote 🌾 Iowa – Remote

💵 $225k - $270k / year

⏰ Full Time

🔴 Lead

💸 Financial Planning and Analysis (FP&A)

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Aegon Asset Management

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

💸 Finance

Finance • Investment • Asset Management

Aegon Asset Management is a global investment firm with a focus on active asset management. They manage and advise on assets totaling over USD 361 billion and serve a diverse clientele, including pension plans, public funds, insurance companies, banks, wealth managers, family offices, and foundations. The firm organizes its investment capabilities around four global platforms: Fixed Income, Real Assets, Equities, and Multi-Asset & Solutions. Aegon Asset Management prides itself on offering in-depth research and active management across these platforms, with a commitment to delivering effective risk management and optimizing investment solutions for its clients.

📋 Description

• Manage the LIHTC Production team, including oversight of Production Officers and the underwriting team • Collaborate with LIHTC leadership team to drive communication, alignment, and unity across the LIHTC platform; foster a culture of constructive feedback, creative problem-solving, continuous improvement, and enthusiasm for change • Screen new opportunities and collaborate with Production Officers to make recommendations to Investor Relations and Head of LIHTC on which transactions to pursue • Review and approve Investment Committee Packages and Letters of Intent • Train and develop new and existing staff • Monitor LIHTC market conditions, including pricing and legislative updates • Collaborate with LIHTC Asset Management as needed on new and existing investments • Originate and facilitate new business opportunities with Low Income Housing Tax Credits developers • Ability to interface with senior management, investment committee, investor relations, legal, tax credit asset management, and other lines of business as necessary • Work with legal throughout the lifecycle of each transaction to successfully construct and negotiate LOIs, term sheets, partnership agreements, and other partnership closing documents as required • Extend the platform by opening new markets, leading new initiatives and/or launching new products that will ultimately become a part of Aegon’s standard offerings • Effective leadership and management of team level and ministerial duties. This includes development, mentoring, and setting objectives for meeting department goals.

🎯 Requirements

• Undergraduate or graduate degree with an emphasis in finance, accounting, mathematics, real estate, business and/or economics • Ten (10) years of work experience in real estate with a focus on acquisitions and underwriting, preferably with a financial institution or a low-income housing tax credit syndicator • An existing book of clients and/or industry recognition to attract new developers to Aegon • Seasoned expert in underwriting and production, negotiation skills, presentation skills • Effective leadership and management skills • Strong communication, interpersonal and organizational skills • Proficiency in Excel (financial modeling of tax credit transactions) is required in order to perform and/or manage the financial analysis and preliminary underwriting of each transaction • The ability to exercise independent judgment working successfully within a team-oriented environment • Strong investment acumen, excellent leadership skills, and the ability to work under minimal supervision in a fast-paced, dynamic environment.

🏖️ Benefits

• Pension Plan • 401k Match • Employee Stock Purchase Plan • Tuition Reimbursement • Disability Insurance • Medical Insurance • Dental Insurance • Vision Insurance • Employee Discounts • Career Training & Development Opportunities • Paid Time Off starting at 160 hours annually for employees in their first year of service • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays) • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars • Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child • Adoption Assistance • Employee Assistance Program • College Coach Program • Back-Up Care Program • PTO for Volunteer Hours • Employee Matching Gifts Program • Employee Resource Groups • Inclusion and Diversity Programs • Employee Recognition Program • Referral Bonus Programs