Note: The job is a remote job and is open to candidates in USA. Enterprise Community Partners is a national nonprofit dedicated to creating affordable housing solutions. The Director of Fund Strategy & Structuring is responsible for overseeing the financial performance of Multi Investor Funds, focusing on optimizing fund modeling and driving strategic initiatives to enhance revenue and execution efficiency.
Responsibilities
- Lead deal allocation strategy for MIFs, partnering with IR and Acquisitions to assemble project lists and investor rosters that optimize tax credit delivery, fee generation, and overall fund characteristics
- Provide senior‑level scenario analysis evaluating the revenue, timing, and risk implications of different investor mixes, deal sequencing, and structuring alternatives
- Introduce strategic intelligence into fund assembly decisions (e.g., investor concentration, deal mix trade‑offs, impact on bridging and incentive fees), filling a current gap in HCI’s process
- Own the MIF fund model as a strategic tool throughout the fund lifecycle—during offering, closing, post‑closing, and pre‑stabilization
- Ensure continuity, accuracy, and decision‑usefulness of the model as assumptions evolve and deals progress
- Monitor federal and state credit delivery and flag timing or volume variances that could impact investors or HCI revenue
- Maintain real‑time tracking of net and gross equity overages and shortfalls across all MIFs to enable early intervention, deal replacement, or reallocation decisions
- Own the fund‑level bridging strategy, including the decision framework for using internal resources versus third‑party subscription lines
- Partner with Treasury to establish clear policies and procedures governing bridge usage, cost, and risk tolerance
- Develop tools to track bridge loan interest expense on a per‑fund basis and ensure accurate accounting and attribution
- Build reporting to distinguish intentional, revenue‑generating bridging from unforecasted or execution‑driven bridging
- Drive continuous improvement of the MIF fund model, including business intelligence, usability, and analytical flexibility
- Establish a clearer framework and policy approach around Equity Advance Notes (EANs), including revenue attribution between HCI and ECP
- Cultivate innovation in MIF strategy, particularly in the pre‑closing and pre‑stabilization phases, to enhance execution efficiency and unlock incremental revenue opportunities
- Operates with significant autonomy and judgment, escalating issues strategically rather than tactically
- Influences cross‑functional decision‑making without direct line authority
- Serves as a subject‑matter leader on fund economics, capital efficiency, and MIF strategy across HCI
Skills
- 5+ years of experience in LIHTC fund modeling, multi‑investor fund structures, or similarly complex investment vehicles
- Deep understanding of investor dynamics, credit delivery mechanics, and fund‑level revenue drivers
- Strong systems thinker with a track record of process improvement and innovation
- Highly service-oriented, self-motivated, able to work independently and within a team, and effective at problem-solving
- Advanced Excel modeling; strong written and oral communication
- Salesforce preferred
Benefits
- Annual performance bonuses
- Generous paid leave programs
- Dental, health, and vision care plans
- Family-building benefits such as adoption and surrogacy support
- Flexible work arrangements to promote work-life balance
- Health advocacy
- Employee Assistance Program (EAP)
- Mental health benefits
- Financial education
- Wellness programs
- Auto-enrollment in the company’s 401(k) plan with employer matching contributions
- Learning and development opportunities, including tuition reimbursement for job-related courses and certifications
Company Overview
Company H1B Sponsorship