Berkadia Affordable is a privately-held, fully integrated affordable housing finance platform, providing mortgage banking, investment sales and tax credit syndication to our developer and investor clients, wither over $5B of affordable transaction volume in 2026. National in scope, the Berkadia Affordable platform is looking to expand its team with the hiring of [Senior Director / Director] within the Tax Credit Equity business.
This position will support the Company’s strategic growth as a key member of the Investor Relations team, and will focus specifically on managing investor relationships and upper-tier closings for various product offerings, including multi-investor and proprietary tax credit equity funds.
- Act as main point of contact for and manage investment closings into LIHTC funds, and support teammates doing the same.
- Collaborate with Acquisitions and Fund Management in fund structuring, setting fund parameters, developing timelines and property lists, tracking CRA commitments and monitoring fund characteristics from the investors’ perspective. Recommend related process improvements that enhance interdepartmental coordination.
- Coordinate internally and with external counsel on the formation of upper tier legal documentation.
- Manage investor due diligence process - coordinate with Fund Management in completing investor due diligence templates and with Acquisitions/Underwriting in responding to investor due diligence requests/inquiries.
- Manage investor closing process - coordinate with investors and external counsel in the negotiating and delivery of upper tier fund-related legal documents, gather and track all investor required documents for closing.
- Act as main point of contact for all communications with investors during the due diligence and closing process.
- Communicate regularly with internal departments (Acquisitions, Underwriting, Fund Management) throughout the fund due diligence and closing process.
- Provide timely, efficient and quality responses to investor inquiries.
- Understand each investor’s business, legal and regulatory approval processes and timing of each.
- Assist with upper tier business and legal due diligence and closing processes when on-boarding new proprietary investors as needed.
- Manage individual proprietary funds as opportunities arise.
- Possess a high level of knowledge of LIHTC program, gain knowledge of Berkadia’s history, performance and overall structure, and stay current on knowledge regarding LIHTC market and trends.
- Represent Berkadia at industry conferences and investor meetings, and attend Berkadia company meetings as needed.
- Bachelor’s degree and 5 or more years of prior housing tax credit equity experience.
- Experience closing tax credit equity funds, including multi-investor funds.
- Strong communication and excellent writing skills with an ability to interact with individuals in senior-level positions within financial institutions.
- Exceptional organizational skills and an ability to prioritize and handle multiple tasks simultaneously in a fast-moving environment.
- Collaborative nature and ability to work with a team while maintaining accountability and responsibility for goals as an independent individual.
- We'll help you fund your learning journey with generous tuition reimbursement