Director, Lihtc Fund Management - Aegon AM

Job Description Summary

Aegon Asset Management (Aegon AM) is a leading global investor. Our 365 investment professionals manage and advise on assets of US $343 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.

We are an international business: Our 1,130 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Position Overview:

Lead fund management services through fund structuring, financial modeling, onboarding new investors, management reporting, and external investor reporting for the Low-Income Housing Tax Credit (LIHTC) platform, ensuring adherence to mandates and fund provisions.

Job Description

Responsibilities:

• Lead a team of financial analysts in the structuring and optimization of financial models to support the tax credit platform and ensure adherence to mandate/fund provisions.
• Oversee modeling of newly closed transactions, true-ups, annual calculations and potential transactions.
• Utilize a thorough understanding of the LIHTC business, including proprietary and multi-investor funds, to develop financial reports and complex models for forecasting, trending and results analysis to meet investor requirements.
• Streamline processes by creating more efficient methods of gathering, sorting and accessing data.
• Participate in fund closing process including final review of legal documents, closing models, and investor deliverables.
• Interpret tax credit transactions, support fund design and ongoing fund management, and events for investors; may offer recommendations to those making economic or business decisions.
• Direct/review preparation of internal management reports and external investor reporting.
• Develop investor analysis and trend reporting and provide updates to senior management.
• Develop solutions and tools to leverage the platform and the investor experience.
• Communicate regular updates to real assets portfolio managers, leadership, acquisitions and asset management heads including presentations, executive summaries, and KPI progress.
• Work across functions to obtain and synthesize information from the deal teams, reporting and accounting teams.
• Be an operational thought leader for existing and prospective investors.
• Lead the team providing daily support to prospective and current investors across the Global Real Asset Tax Credit platform.
• Manage, lead and support team members including hiring, training, coaching, ongoing career development, performance management, and succession planning; ensuring staff demonstrates appropriate customer service attitude.
• Adhere to Company's framework of internal controls, monitoring compliance to regulatory policies and procedures.

Required Qualifications:

• Bachelor's degree in finance, business, real estate, or relevant field, or equivalent experience.
• Six years of real estate experience, including in real estate equity and/or real estate debt products, quantitative analysis, real estate finance or related field.
• Financial modeling experience · Excellent verbal and written communication skills to articulate investment strategy via investor presentations.
• Deep financial and analytical skills · Excellent organizational and time management skills.
• Proactive; act with a sense of urgency with internal and external investor requests.
• Excellent interpersonal skills in a team-oriented environment.
• Ability to exercise independent judgment and accomplish tasks with little oversight.

Preferred Qualifications:

• MBA or relevant post-graduate degree.
• CFA designation.
• Investran software experience.
• Background in real estate underwriting or asset management.

Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.

The base salary for this position generally ranges between $125,000 - $140,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company's discretion.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits:

• Competitive Pay

• Bonus for Eligible Employees

Benefits Package:

• Pension Plan

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

Health and Work/Life Balance Benefits:

• Paid Time Off starting at 160 hours annually for employees in their first year of service

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

• Parental Leave - fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child

• Adoption Assistance

• Employee Assistance Program

• College Coach Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

Job and compensation levels depend upon an applicant's qualifications including the extent of candidate's relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm - we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

We are open to considering flexible working practices. Please talk to us about what this means for you.

#LI-Remote

Why Work for Us

At Aegon Asset Management, we invest in You.

Our people are our greatest asset; with a competitive rewards program including incentive compensation, health and wellness benefits, retirement programs, and learning and development opportunities, our employees are engaged and empowered. Come be a part of driving our success!

Equal Opportunity Employer:

AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact: applicantsupport@aegonusa.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Technical Assistance:

If you experience technical problems during the application process, please email applicantsupport@aegonusa.com.