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Senior Investment Analyst - Real Estate Tax Credits

Nationwide

Nationwide

IT
Columbus, OH, USA
Posted on Jul 19, 2024
As a team member in the Finance and Internal Audit department at Nationwide, the opportunities are endless! You can grow and learn in diverse areas across many disciplines such as Advanced Analytics, Investments, Actuarial, Accounting, Risk Management, Critical Business Advisor and so much more. Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This is a Columbus based hybrid Investment F Band position.

  • Finance/Real Estate experience preferred
  • This role requires 20%+ travel during busy times
  • Strong analytical skills and proficiency in Excel
  • LIHTC experience a plus

This role does not qualify for employer-sponsored work authorization. Nationwide does not participate in the Stem OPT Extension program.

Job Description Summary

Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results.

The Senior Investment Analyst plays a key role on a team responsible for helping manage a portfolio of and/or underwriting tax credit debt and equity investments. This includes relationship management, management reporting, risk assessment and mitigation, investment modification, investment disposition, project management and highly detailed financial and investment analysis.

Job Description

Key Responsibilities:

  • Having an intermediate understanding of asset class, works with limited guidance and oversight from more senior team members.

  • Maintain partner relationships with syndicators, brokers, developers, and attorneys for the tax credit platform to drive positive investment performance

  • Assess project risks and opportunities and work with investment partners to price investment opportunities and creatively structure deals to reduce risk and increase profitability

  • Perform financial and operational analysis including the evaluation of financial models, due diligence materials and underwriting of investments

  • Researching and evaluating market data

  • Preparation of investment committee packages; underwriting the development sponsor, development proforma, development financing, real estate, market, construction risks, and tax compliance.

  • Interface with team members, management, legal, syndicators, brokers and developers in moving transactions to investment close

  • Collaborate with internal team members and external partners to ensure optimal performance of the investment portfolio

  • Prepare and present investment portfolio performance presentations to senior management.

  • Conduct research and analysis on market and industry trends

  • The above responsibilities may require travel

  • Perform other duties as assigned

Reporting Relationships: Asset Class Senior Investment Professional

Typical Skills and Experiences:

Education: Bachelor’s degree in business or related field; course work in Real Estate and/or Finance is preferred.

Experience: 0 to 6 years of investment experience.

Knowledge, Abilities and Skills:

  • Self-motivated business professional with a strong attention to detail

  • High drive for results with the ability to exercise independent judgement

  • Intellectual curiosity, interest in and enthusiasm for real estate investing

  • Ability to understand complex investment structures

  • Strong computational and analytical skills

  • A diverse thinking, team-oriented individual

  • Excellent verbal and written communication skills

  • Creativity and critical thinking skills to handle a variety of challenges

  • Demonstrated ability to deliver results in a time sensitive manner

  • Proficiency in Excel required

  • Investment management, asset management, project finance, originations, financial modeling and credit analysis, and/or related business experience.

  • Knowledge and experience of investment management software and/or experience within the real estate investment industry is preferred

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment. Requires 20+% travel during busy times.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

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Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.