Senior Asset Manager - Truist Community Capital - New Markets Tax Credit
Welcome to Truist Financial - a leading financial services company dedicated to helping communities thrive. We are currently seeking a highly skilled and experienced Senior Asset Manager to join our Truist Community Capital team. In this role, you will have the opportunity to make a significant impact by managing our New Markets Tax Credit portfolio, ensuring the success of our investments and supporting the growth of underserved communities. The ideal candidate will have a strong background in finance and real estate, as well as a passion for driving positive change. If you are a driven and innovative individual with a commitment to social responsibility, we invite you to apply for this exciting opportunity.
- Oversee and manage the New Markets Tax Credit portfolio, ensuring the success of investments and maximizing returns for Truist Financial.
- Develop and implement asset management strategies for the portfolio, including monitoring performance, identifying risks, and making recommendations for improvement.
- Conduct due diligence on potential investments, analyzing financial statements and market trends to determine viability and potential for impact.
- Collaborate with internal and external stakeholders to identify and evaluate investment opportunities that align with Truist's mission and goals.
- Build and maintain relationships with community partners, developers, and other key stakeholders to support the growth of underserved communities.
- Proactively identify and address any potential challenges or issues with existing investments, and develop solutions to mitigate risk and maintain profitability.
- Monitor and report on the financial performance of the portfolio, providing regular updates and recommendations to senior management.
- Stay current on industry trends and best practices in asset management, and make recommendations for process improvements and efficiencies.
- Support Truist's commitment to social responsibility by promoting and advocating for investments that have a positive impact on communities.
- Mentor and train junior members of the asset management team, providing guidance and support to help them excel in their roles.
Minimum Of 10 Years Of Experience In Asset Management, Preferably In The Community Development Or New Markets Tax Credit (Nmtc) Industry.
Bachelor's Degree In Finance, Accounting, Or Related Field; Mba Or Cfa Preferred.
Strong Understanding Of Nmtc Program Regulations And Compliance Requirements.
Proven Track Record Of Successfully Managing Investment Portfolios And Maximizing Returns.
Excellent Communication And Interpersonal Skills, With The Ability To Build And Maintain Relationships With Investors, Community Partners, And Other Stakeholders.
Risk Management
Financial Analysis
Relationship Management
Investment Strategy
Portfolio Management
Team Leadership
Due Diligence
Compliance monitoring
Asset Valuation
Project Evaluation
Negot
Tax Credit Financing
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
flexibility
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Asset Manager - Truist Community Capital - New Markets Tax Credit is $90,000 to $120,000 per year. However, this can vary depending on factors such as location, experience, and company size.
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Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks.
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