Impact Finance - Syndications RETC Business Development Officer

at  US Bank National Association

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

U.S. Bancorp Impact Finance is hiring a new Business Development Officer (BDO) for our Syndications team, focused on Renewable Energy Tax Credits (RETC). Our Syndications BDO builds and actively maintains relationships with investors interested in RETCs, and secures equity investment commitments. Develops innovative ways to grow distribution channels and broaden the current investor base. Works closely with U.S. Bank Lines of Business to prospect new investor opportunities. A critical measurement of success will be meeting tax credit Syndication & Transferability volume and revenue goals. Collaborates closely with various internal functions including Project and Asset management, Syndications, Finance, Lending, Business Impact, Sustainable Finance, and Environmental, Social, and Governance (ESG) groups.

BASIC QUALIFICATIONS

• Typically a Bachelor’s degree, or equivalent work experience
• Typically 10 or more years of financial services experience
• Typically three or more years of management or direct tax credit business development experience

PREFERRED SKILLS/EXPERIENCE

• Advanced knowledge of and ability to communicate effectively about the RETC program, tax and accounting concepts, or partnership law
• Ability to identify obstacles and manage expectations, both internally and externally
• Demonstrated leadership presence and ability to problem solve and propose nuanced deal structures using technical expertise
• Strong customer relationship skills and effective collaboration across teams
• Ability to travel extensively to meet with project sponsors/developers/community partners/investors and attend industry conferences
• Master’s or equivalent advanced degree in business, law, finance or accounting preferred
• Prior sales or business development experience desirable
• Prior underwriting experience and proficiency in building and reviewing project financial models also preferred
  U.S. Bancorp Impact Finance, the tax credit and community development division of U.S. Bank, believes all people have a right to the possibilities that comes with living in a safe and vibrant community. The financing USBIF provides for affordable housing, economic development, and renewable energy projects have a lasting social and environmental impact in communities. Visit USBIF on the web to find out more at www.usbank.com/cdc.
  U.S. Bancorp Community Development Corporation is now operating as U.S. Bancorp Impact Finance. All job postings under U.S. Bancorp Impact Finance reside within the USBCDC organization.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la