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Affordable Housing (LIHTC) Financial Analyst

Regions Bank

Regions Bank

IT, Accounting & Finance
USD 91,449.92-115,143.6 / year
Posted on May 1, 2025

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

At Regions, the Regions Affordable Housing (RAH) Financial Analyst develops complex financial models, financial planning systems, and procedures designed to protect assets and enhance yield for affordable housing transactions using the low-income housing tax credit. This role engages internal stakeholders across the RAH organization and recommends transaction structures and to maximize performance of projects under consideration.

Primary Responsibilities

  • Analyzes, consolidates, and interprets financial data related to affordable housing project using the low-income housing tax credit
  • Under the direction of a more senior Financial Analyst, prepares complex financial models related to affordable housing: identifies questions and gaps for further review
  • Recommends structural changes and/or enhancements related to affordable housing transactions, such as improving operations, enhancing yield, resolving potential exceptions to RAH underwriting standards and other similarly complex real estate matters
  • Works with the investor services team to resolve project-level questions and concerns
  • During underwriting, continues to be the subject matter expert for questions and transaction structural changes that require changes to the financial model

This position is exempt from timekeeping requirements under the Fair Labor Standards act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

  • Bachelor’s degree in accounting, Finance or a directly related field
  • Three (3) years of experience with financial analysis within the real estate or affordable housing industry

Preferences

  • Master of Business Administration (MBA)

Skills and Competencies

  • Ability to manage multiple priorities
  • Ability to research, analyze data, and derive facts
  • Ability to work under pressure and meet deadlines
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$91,449.92 USD

50th Percentile:

$115,143.60 USD

Incentive Pay Plans:

This role is eligible to participate in a discretionary incentive plan. Employees have the potential to receive a discretionary award based on performance against defined metrics and goals.

Location:

Great Neck, New York

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.