*Tax Credit Experience Required* - Historic, Renewable, or LIHTC

Underwriter | Tax Credit Industry

KM Partners has been retained by Senior Leadership of a rapidly growing, nationally recognized Institutional Investment Management firm focused in the Tax Credit marketplace. With more than 3 decades of success and YOY growth, our client continues to exceed aggressive growth targets with a lean team. Recently, they doubled the amount of equity they deployed from one year to the next. They have a flat structure and lean team, offering more autonomy and opportunities to advance your knowledge and level of responsibility. This organization gravitates toward highly entrepreneurial professionals who have the interest and motivation to be heavily involved in driving continued future growth and success. Our client is looking to hire an Underwriter in this newly created position due to growth.

One of the current Underwriters on this team shared, I really enjoying working with everyone here. They have all been so helpful in teaching and supporting me. They really have a great culture. I m also really enjoying being a part of the renovation of historic, million-dollar landmarks and turning them back into beautiful, luxurious buildings. We work on unbelievable projects, and it s exciting to be a part of the transformations.

Our Client

• Nationally recognized, rapidly growing Institutional Investment Management firm focused in the Tax Credit marketplace
  • Federal and State Tax Credit driven investments
  • Strong presence in Historic & Renewables
• Consistent YOY growth and 30+ years of experience and success
• $5B+ in cash equity through investment in the Tax Credit marketplace
• Entrepreneurial yet supportive and collaborative culture
• Lean, growing team of professionals who are willing to help and teach
• Increase your knowledge and get more involved in the beatification of historic landmarks

Core Responsibilities of the Underwriter

• Coordinate with Acquisitions Managers and Developer clients to gather and organize documentation necessary to underwrite a potential investment
• Identify Real Estate investment risks and mitigants
• Draft memoranda assessing Real Estate investments for initial term sheet approval
• Manage the closing process and conduct due diligence for transactions
  • Run weekly calls with multiple parties, including developers, financial institutions, and law firms
  • Review required due diligence items and confirm what is needed for closings
  • Analyze and stress financial models
  • Review third-party reports, including environmental reports, appraisals, market studies, plan & cost reviews, and background and credit reports
  • Analyze financial statements to evaluate the creditworthiness of individuals and companies who will serve as guarantors
  • Review Historic Tax Credit documentation and work with parties to resolve any outstanding issues
  • Work with outside consultants when appropriate
  • Work closely with Attorneys to promote an efficient closing process
• Draft and present comprehensive due diligence summaries to the Investment Committee for approval in advance of transaction closings

Our Firm

KM Partners is the only Executive Search & Professional Recruitment Firm in the U.S. dedicated to Multifamily Affordable and Senior Housing, Tax Credits as well as Impact-Investing, Sustainable Infrastructure and Corporate Sustainability across industries respecting responsible capitalism. We partner with clients throughout the United States and place industry-specific professionals across occupations including C-level executives, middle management, and experienced associates.