Company Overview: Aegon Asset Management (Aegon AM) is a leading global investor. Our 375 investment professionals manage and advise on assets of US $321 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 enhancing client benefit from their specialist areas. We are an international business: Our 1,200 employees work from 13 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. The Community Investments team at Aegon AM places equity in tax credit transactions (LIHTC/Historic/State) investments for sale to investors interested in syndicated investments guaranteed by Aegon, sale to investors interested in traditional non-guaranteed investments and to Aegon and its affiliated companies. Position Overview: As an Associate Director you will assist the Community Investments Group by structuring, negotiating, underwriting, and closing tax credit transactions. You will also identify and ensure that the core benefits and risks of a proposed investment align with the company’s investment criteria and based on that analysis will prepare and recommend the investment to Aegon’s Real Estate Investment Committee. It is expected that as an Associate Director, you will be able to perform many of the core responsibilities, identified below, with limited direct supervision.

Responsibilities:

  • Make sound investment recommendations and present to real estate investment committee for approval
  • Prepare investment committee packages
  • Perform financial modeling
  • Review project documents; identify risks and understand tax related Low Income Housing Tax Credit issues
  • Research and evaluate market data, which may require travel to review comparable real estate sites in the market, site visits on proposed investments along with developers’ existing projects
  • Coordinate with internal and external consultants on due diligence reviews
  • Collect and review project-specific documentation and work with internal and external counsel to achieve a timely close
  • Work with and provide information, as needed to the Distribution and Client Management group and respond to investor inquiries as necessary
  • Responsible for training, assigning tasks and managing the work product of junior staff
  • Special projects will be assigned as needed by manager

Required Qualifications:

  • Undergraduate or graduate degree with an emphasis in finance, accounting, mathematics, real estate, business and/or economics
  • Four years of work experience in real estate with a focus on multifamily housing
  • Solid understanding of Excel and Word
  • Strong communication, interpersonal and organizational skills
  • Ability to exercise sound and independent judgment as well as work independently
  • Ability to travel on a limited basis

Preferred Qualifications:

  • Four years of work experience underwriting affordable housing transactions
  • Strong aspirations to develop origination skills and pursue a career path focused on underwriting and acquisitions

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.

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