Job Description
Purpose and Job Summary:
Boston Financial, a subsidiary of ORIX Corporation USA, provides innovative capital solutions for affordable housing developers and offers institutional investors the opportunity to achieve compelling risk-adjusted returns while delivering meaningful social impact. We manage the largest syndicated Low Income Housing Tax Credit portfolio in the country, and maintain a platform dedicated to the preservation of existing affordable housing. Our business is built on a proven investment track record, long-term client relationships, and a commitment to housing solutions. Today, Boston Financial is recognized as a national leader in affordable housing finance and asset management.
As an Analyst on the Asset Management Team, you will support the asset management of one of the nation’s largest and most diverse portfolios of affordable housing properties. You will be assigned to a regional team and work with a group of highly skilled and experienced Asset Managers who oversee Low Income Housing Tax Credit (LIHTC) equity investments, providing capital to affordable housing properties. Partnering with Asset Managers and your Team Leader, you will learn about the different aspects of a property’s life cycle, from its initial operations to loan conversion and stabilized operations during the 15-year compliance period. As your knowledge and skills grow, you will gradually take on responsibilities with greater complexity. This is typically the first step in the Asset Manager career path.
ESSENTIAL DUTIES & RESPONSIBILITIES
Perform timely processing of capital releases, including reviewing partnership documents to determine benchmark requirements, reviewing and analyzing collected documentation, obtaining approval of benchmark documentation from other departments as required, updating proprietary applications, and preparing wire information.
Analyze a property’s ability to support its debt service and achieve required benchmarks.
Establish and maintain productive professional relationships with affordable housing developers and property management agents.
Work with Asset Managers to assess operational or other property issues and prepare analytical materials for internal committee presentations.
Analyze performance to identify strengths and deficiencies of portfolio properties and develop projections that inform high value asset strategies and workout scenarios for troubled properties.
Prepare reports and analysis of real estate performance for senior staff.
EDUCATION, SKILLS, & EXPERIENCE
Interest in affordable housing.
Bachelor’s Degree in business, finance, real estate, or related field, preferred.
1+ year of real estate or related financial experience, strongly preferred.
Ability to perform consistently accurate and complete work with proficiency in reviewing results of own work product for accuracy.
Highly focused on detail and ability to identify discrepancies in information.
Ability to think critically and synthesize a variety of information to prepare thoughtful work product.
Solid problem-solving skills with the ability to identify and address issues timely using resources and tools provided and to discern when to raise more complex issues to senior staff to handle.
Strong organizational skills.
Solid time and project management skills with the ability to follow a plan, manage to milestones, and track and communicate progress, timely, to stakeholders; ability to organize, prioritize assignments, and to meet critical and established deadlines; ability to manage several assignments and transactions simultaneously.
Ability to actively engage with other team members as part of a collaborative, team-based environment.
Ability to learn, and effectively use and deploy, proprietary databases, applications, and related reporting tools, as required.
Strong Microsoft Excel skills with the ability to clean and manage data sets, group data appropriately, create lookups and pivot tables, create and modify, charts, filter data and manage filtered lists, perform multiple sorting, use logical functions (VLOOKUP, IF, IS, etc.), and use logic and financial functions. Ability to create and modify Macros is a plus.
Solid command of the English language, both verbally and in writing; able to produce consistently clear and effective communications for a variety of stakeholders using different means, including conversations, emails, reports, process documentation, etc.; solid interpersonal skills to effectively engage with colleagues in addition to partners outside the Company.
Real estate underwriting experience, a plus.
Low Income Housing Tax Credit (LIHTC) experience, a plus.
Understanding of partnership agreements, a plus.
Market analysis skills, a plus.
Basic to Intermediate MSWord skills.
Intermediate skills in MS Outlook, Teams, and Zoom.
Basic to Intermediate PowerPoint skills, a plus.
Life at ORIX
We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
You Time
We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Family Care
Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
Flexible Work Arrangements
ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.
Boston Financial Investment Management, LP and its parent company, ORIX USA, is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, ****** orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.
Boston Financial, a subsidiary of ORIX Corporation USA, provides innovative capital solutions for affordable housing developers and offers institutional investors the opportunity to achieve compelling risk-adjusted returns while delivering meaningful social impact. We manage the largest syndicated Low Income Housing Tax Credit portfolio in the country, and maintain a platform dedicated to the preservation of existing affordable housing. Our business is built on a proven investment track record, long-term client relationships, and a commitment to housing solutions. Today, Boston Financial is recognized as a national leader in affordable housing finance and asset management.
As an Analyst on the Asset Management Team, you will support the asset management of one of the nation’s largest and most diverse portfolios of affordable housing properties. You will be assigned to a regional team and work with a group of highly skilled and experienced Asset Managers who oversee Low Income Housing Tax Credit (LIHTC) equity investments, providing capital to affordable housing properties. Partnering with Asset Managers and your Team Leader, you will learn about the different aspects of a property’s life cycle, from its initial operations to loan conversion and stabilized operations during the 15-year compliance period. As your knowledge and skills grow, you will gradually take on responsibilities with greater complexity. This is typically the first step in the Asset Manager career path.
ESSENTIAL DUTIES & RESPONSIBILITIES
Perform timely processing of capital releases, including reviewing partnership documents to determine benchmark requirements, reviewing and analyzing collected documentation, obtaining approval of benchmark documentation from other departments as required, updating proprietary applications, and preparing wire information.
Analyze a property’s ability to support its debt service and achieve required benchmarks.
Establish and maintain productive professional relationships with affordable housing developers and property management agents.
Work with Asset Managers to assess operational or other property issues and prepare analytical materials for internal committee presentations.
Analyze performance to identify strengths and deficiencies of portfolio properties and develop projections that inform high value asset strategies and workout scenarios for troubled properties.
Prepare reports and analysis of real estate performance for senior staff.
EDUCATION, SKILLS, & EXPERIENCE
Interest in affordable housing.
Bachelor’s Degree in business, finance, real estate, or related field, preferred.
1+ year of real estate or related financial experience, strongly preferred.
Ability to perform consistently accurate and complete work with proficiency in reviewing results of own work product for accuracy.
Highly focused on detail and ability to identify discrepancies in information.
Ability to think critically and synthesize a variety of information to prepare thoughtful work product.
Solid problem-solving skills with the ability to identify and address issues timely using resources and tools provided and to discern when to raise more complex issues to senior staff to handle.
Strong organizational skills.
Solid time and project management skills with the ability to follow a plan, manage to milestones, and track and communicate progress, timely, to stakeholders; ability to organize, prioritize assignments, and to meet critical and established deadlines; ability to manage several assignments and transactions simultaneously.
Ability to actively engage with other team members as part of a collaborative, team-based environment.
Ability to learn, and effectively use and deploy, proprietary databases, applications, and related reporting tools, as required.
Strong Microsoft Excel skills with the ability to clean and manage data sets, group data appropriately, create lookups and pivot tables, create and modify, charts, filter data and manage filtered lists, perform multiple sorting, use logical functions (VLOOKUP, IF, IS, etc.), and use logic and financial functions. Ability to create and modify Macros is a plus.
Solid command of the English language, both verbally and in writing; able to produce consistently clear and effective communications for a variety of stakeholders using different means, including conversations, emails, reports, process documentation, etc.; solid interpersonal skills to effectively engage with colleagues in addition to partners outside the Company.
Real estate underwriting experience, a plus.
Low Income Housing Tax Credit (LIHTC) experience, a plus.
Understanding of partnership agreements, a plus.
Market analysis skills, a plus.
Basic to Intermediate MSWord skills.
Intermediate skills in MS Outlook, Teams, and Zoom.
Basic to Intermediate PowerPoint skills, a plus.
Life at ORIX
We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.
You Time
We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.
Family Care
Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.
Flexible Work Arrangements
ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.
Boston Financial Investment Management, LP and its parent company, ORIX USA, is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, ****** orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.
💡 Quick Summary
Seeking a career-building opportunity? The Analyst II - Stabilized position is now open for candidates interested in the Bank Jobs sector. This role in Boston offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
