Community Investments Senior Analyst, LIHTC A at Evernorth

Burlington, Vermont, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Jul, 26

Salary

90000.0

Posted On

30 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial modeling, Underwriting, Project management, LIHTC, Affordable housing, Real estate finance, Data analysis, Critical thinking, Microsoft Office 365, Advanced Excel, Communication, Problem-solving, Due diligence, Regulatory compliance, Stakeholder management

Industry

Real Estate

Description

VISION STATEMENT: People in every community have an affordable place to live and opportunities to thrive. MISSION STATEMENT: We work with partners to connect underserved communities in the northern New England region with capital and expertise to advance projects and policies that create more inclusive places to live. SUMMARY OF POSITION: The Community Investments Senior Analyst, LIHTC Acquisitions supports the Community Investments Low Income Housing Credit (LIHTC) Acquisitions team in making affordable housing investments through investment selection, structuring, approval, and construction loan closing. The position collaborates with the Community Investments team and Evernorth staff to analyze and support the closing of LIHTC investment opportunities. SPECIFIC RESPONSIBILITIES: * Analyze and make recommendations on prospective investment opportunities with moderate oversight including preliminary LIHTC project feasibility, market risks, community impacts/benefits, developer/sponsor strength, structural challenges, and financial return. * Provide support to LIHTC Acquisitions staff in the pre-closing due diligence, financial modeling, and underwriting of LIHTC investments to: * Collect, review, and research information and data presented in developer proformas and tax credit applications, appraisals, market studies, environmental reports, financial statements, and other information as needed.  * Identify key issues, trends, risks, community impacts, and conformance with underwriting standards, market trends, and portfolio or industry benchmarks. * Propose or implement mitigating adjustments as necessary. * Review financing and regulatory documents in collaboration with Senior Community Investment Officers and Director LIHTC Acquisitions. * Work with the Director of LIHTC Acquisitions and Community Investment Officers to structure transactions and seek opportunities to improve projects by bringing a problem-solving attitude to the work. * Work with the Community Investment Officers as well as Capital Management, Asset Management and other staff to prepare investment proposals for internal and committee review; attend investment committee meetings; firm offers, letters of intent; and legal intake packages. * Work with staff within and across departments to maintain and update project related information in the Evernorth database and pipeline. * Lead matrixes, proformas, spreadsheets, and reports as needed for underwriting, Capital and Asset Management, and investors. * Provide technical expertise to support, maintain, and update proforma template. * Participate in ongoing education, including financial modeling, LIHTC, and other areas relevant to Evernorth’s business. * The position may have travel within New England and to national events.  It may be necessary to attend events outside of traditional office hours. TEAM AND CULTURE: * Maintain high standards of confidentiality and professionalism.  * Uphold corporate principals of respect, service, value, and partnership.  * Advise on program goals, capacity, planning, and processes with Senior staff. * Carry out other duties as assigned REPORTS TO: Director LIHTC Acquisitions SUPERVISES: None EDUCATION, LICENSES, AND/OR CERTIFICATIONS REQUIREMENTS: * Bachelor’s degree, with a graduate degree a plus. * Training in affordable housing, project management, community development, real estate, finance or related discipline is strongly desired. * Valid driver’s license. * Criminal background check. JOB KNOWLEDGE AND EXPERIENCE: * Three to five years of experience in multi-family, affordable housing, community development, economic development, or real estate financing fields. * Knowledge or interest in affordable housing, community development, construction finance, real estate, business lending, LIHTC, or other federal financing programs is preferred. * Experience with complex financial modeling and proven problem-solving skills. * Ability to work semi-independently with minimal oversight. * Experience managing internal and external customer relationships. JOB ESSENTIAL SKILLS: * Eager to expand knowledge in affordable housing and community development within a mission-driven nonprofit organization. * Financial modeling, project management and follow-through, analytical and critical thinking, high-level organizational skills with attention to detail * Proficient in Microsoft Office 365 and SharePoint, with expertise in Word, Teams, Outlook, and advanced Excel. * Strong written and verbal communication, active listening, and reading comprehension skills. * Ability to collaborate effectively across diverse teams and locations. * Skilled in managing tasks under time constraints and balancing multiple priorities and deadlines while maintaining attention to detail. * Strong organizational, analytical, problem-solving, math, and financial analysis skills. * Ability to prioritize effectively in a dynamic, fast-paced environment. * Focused, flexible, and able to work independently or collaboratively on common tasks. * Commitment to Evernorth’s mission and community impact. The following are the general Evernorth work environment and physical demands: * Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position. * The noise level in the office work environment is usually quiet. * This position requires periods of sitting, standing, walking, stooping, and bending. * Ability to reach hands and arms and talk and hear. * Specific vision abilities required by this job include close, distance and peripheral vision, depth perception, and ability to adjust focus. * This position requires substantial typing, reading, and writing emails, and other related computer work. * The employee is regularly required to use hands and fingers. * May require driving to meeting and offsite locations in personal cars. * May require lifting to 20 pounds.

Responsibilities

The Senior Analyst supports the LIHTC Acquisitions team by analyzing investment opportunities, performing due diligence, and managing financial modeling for affordable housing projects. They collaborate with internal teams to structure transactions, prepare investment proposals, and maintain project data within the company database.