What are the responsibilities and job description for the Director - Acquisitions, LIHTC position at Berkadia?
The Opportunity
The Director, Acquisitions, will originate, structure, and negotiate tax credit investments that are consistent with Berkadia Affordable Tax Credit Solutions’ objectives and investor demand. This person will identify potential complex LIHTC issues and negotiate business terms with clients.
Candidates for this position can be from NY, NJ, Washington DC, or Philadelphia.
What it takes to be successful in this role
- Bachelor's degree or equivalent
- Seven to ten years prior experience in a similar position.
- Outstanding attention to detail.
- Possess a high sense of customer engagement and the proven ability to build relationships with both internal and external clients.
- Strong organizational skills and ability to multitask.
- Possess strong written and verbal communications skills and the ability to interact with all levels of an organization, including senior executives.
- Confident and effective collaborator.
- Ability to thrive in a dynamic and growing environment.
- Impeccable integrity.
Primary Responsibilities
- Working as a team, identify developers with prospective LIHTC transactions, targeting specifically where investor needs are located nationwide, and originate new business product.
- Work closely with Acquisitions, Underwriting, Investor Relations, Asset Management, Fund Management, Accounting, and senior leadership in successfully acquiring new LIHTC transactions.
- Have and maintain a high level of proficiency in utilizing the Berkadia Affordable Housing tax credit model.
- Have and maintain a high level of understanding of the Berkadia Affordable Housing Policies and Procedures, underwriting policies, industry standards, and LIHTC investor needs.
- Have and maintain knowledge of complex real estate underwriting, tax and LIHTC requirements.
- Promote the Berkadia Affordable Tax Credit Solutions brand through online and in person efforts by attending and speaking on panels at industry conferences (national, regional, and state) and other networking events throughout the year.
- Establish and maintain relationships with tax credit developers, investors, lenders, attorneys, accountants, and consultants through frequent communication and in person meetings.
- This position requires travel.
- Other duties as assigned.
#LI-EP1 #LI - Hybrid
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