Affordable Housing Market Manager (Remote California)
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Job Location:
San Diego, CA - USA
Yearly Salary:
$ 173670 - 234965
Posted on:
21 hours ago
Vacancies:
1 Vacancy
Job Summary
More than 135 years ago we started with core values that never go out of style: listen learn and help businesses and individuals reach their goals. These core values shape our culture and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington Oregon Idaho and California we understand our role in the economy and take that responsibility addition to offering a source of capital to personal banking clients and businesses of all sizes we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
Join us in making a meaningful impact on communities by providing affordable housing loans to developers. As the California Affordable Housing Market Manager youll build strong relationships and structure complex real estate financings to support developer clients to build and rehab affordable housing projects across the state. This is a role where your expertise truly changes lives.
In this role youll
- Set the market strategy for affordable housing lending.
- Originate CRA eligible affordable housing construction and permanent loans with nonprofit and for-profit affordable housing developer customers.
- Develop and manage a portfolio of new and existing affordable housing relationships and negotiate loan terms and conditions.
- Prepare and present credit analysis and recommendations on borrowing requests.
- Conduct credit reviews to ensure compliance with policies and regulations.
- Coach and mentor Relationship Managers and Portfolio Managers.
- Actively market a broad range of bank services to meet the complex needs of customers.
- Create awareness of the Bank and its services through community engagement.
What were looking for
- You have a bachelors degree in Real Estate Finance Accounting Business Economics or a related field (Required).
- You have a masters degree in Urban Planning or Business (Preferred).
- You have 8 years of experience in affordable housing lending and business development (Required).
- An equivalent combination of education and experience can be considered in lieu of a degree.
What helps you shine
- You have a track record at building and managing affordable housing lending relationships.
- You have knowledge of affordable housing financing sources including Low Income Housing Tax Credits various government loan programs and operating subsidies.
- You have stellar relationship management presentation and negotiation skills.
- You understand local real estate markets in depth.
- You bring strong financial and analytical skills to structure affordable housing real estate deals.
- You have knowledge of cash management products.
Travel
- Up to 20%
Our Company Values
- Do the right thing
- Mutual respect
- Teamwork
- Accountability
What Our Team Says
- I have the opportunity to learn and grown every day in my current role.
Compensation & Benefits
- Targeted starting salary range (based on experience): $173670 - $234965
- Annual incentive potential
- Comprehensive employee benefits including: medical dental vision LTD STD and life
- Paid vacation time sick time and 11 company paid holidays
- 401k (with up to 4% match)
- Tuition reimbursement
- Get more information at: Employee Benefits Banner Bank
Please take time to review Banner Banks Consent & Privacy notice before applying.
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin citizenship marital status age disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
Required Experience:
Manager
Key Skills
- Arabic Speaking
- Marketing & Promotions
- Access Control System
- Apache Tomcat
- BI
- Back Office
About Company
Local focus and world-class service have made Banner one of the West's most-loved banks. Open your account online or at your nearest branch.
