Special Assets Analyst - LIHTC

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Special Assets Analyst.

CAHEC is a community investment organization that strengthens communities by providing affordable housing and supportive service initiatives to residents in the Southeast and Mid-Atlantic regions. CAHEC engages in diverse product areas, including low-income housing tax credits, historic tax credits, new markets tax credits, and renewable energy credits. Additionally, CAHEC offers loan programs, wellness and education initiatives for residents, affordable housing development, and property management services.

The Special Assets Analyst will primarily support the Special Assets Manager in the areas of dispositions, refinances, and workouts. This role requires strong analytical and modeling skills, as well as sound financial statement analysis. The Special Assets Analyst will report to the Special Assets Manager.

Some specific functions include:

·        Analyze, model, and help close investor exits and property dispositions.

·        Model and evaluate refinancing proposals submitted by investment general partners.

·        Assist the Special Assets Manager in developing and implementing workout plans for assets that pose immediate and/or costly risks to CAHEC and its investors.

·        Review financial statements, loan agreements and legal agreements to help formulate and evaluate disposition, refinance, and workout scenarios.

Education Requirement

·        Bachelor's degree in real estate, finance, business, or economics, or an equivalent combination of education and comparable work experience.

Work Experience

Minimum three (3) years progressively responsible work experience relevant to banking and/or multi-family real estate, including affordable housing tax credit development, underwriting, investment modeling, finance and/or asset management.

Knowledge, Skills, and Abilities

Knowledge of finance and accounting, and an ability to analyze financial statements. Exceptional analytical, financial modeling, and communication skills. Proven ability to generate financial models and forecasts.

Work Environment

This position is based out of CAHEC's corporate office in Raleigh, NC.  Employees will be required to return back to office a minimum of three-days a week beginning sometime in 2025. Travel, typically by either commercial airline or automobile, is required for at least 10% of this position. Certain objectives require working on-site at various locations, such as properties in CAHEC's investment portfolio, and some professional training opportunities may also require travel.

Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.

For more information and how to apply, please visit https://www.cahec.com/careers/.