Overview
A financial services organization is seeking a Senior Counsel specializing in Low-Income Housing Tax Credit (LIHTC) transactions. This role involves providing legal guidance aligned with business objectives, focusing on governance, compliance, and operational risk management within a regulated financial environment. The position requires collaboration with leadership, compliance teams, and cross-functional partners to translate complex legal issues into actionable recommendations that support responsible execution and sustainable growth.
Location: Remote (US-based candidates only, no visa sponsorship available)
Compensation: $160,000 – $190,000 annually
Responsibilities
- Review and negotiate legal documents related to LIHTC transactions
- Collaborate with outside tax counsel to obtain legal opinions and advice
- Oversee legal due diligence processes to ensure thoroughness and compliance
- Facilitate closings of LIHTC transactions to efficiently finalize deals
- Manage post-closing legal matters, addressing issues arising during asset management
- Structure new tax credit funds for syndication and manage transaction admissions
- Respond to inquiries from investor counsel to maintain clear communication
Qualifications
- Juris Doctor (JD) degree required
- Admission to a state bar
- Minimum of 4 years of legal experience, preferably with a focus on LIHTC and commercial mortgage loan transactions
- Expertise in LIHTC equity and related real estate transactions is advantageous
- Ability to work independently and manage a substantial workload effectively
Preferred Skills and Experience
- Experience with real estate private equity
- Knowledge of federal and state tax regulations relevant to LIHTC transactions and funding structures
- Familiarity with legal compliance software for managing legal documents and transactions
- Understanding of real estate investment trust (REIT) structures or regulations related to real estate investments and syndication
Compensation and Benefits
- Comprehensive medical, dental, and vision insurance coverage
- 401(k) plan with employer matching contributions
- Pension plan for long-term financial security
- Paid time off starting at 160 hours annually, plus ten holidays
- Parental leave and adoption assistance
- Career development opportunities including tuition reimbursement and training programs
Equal Opportunity
The employer is an equal opportunity organization and encourages applications from candidates who may not meet every qualification but whose backgrounds could contribute to the team.