Head of Project Management

Posted Yesterday
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60661, Chicago, IL, USA
In-Office
Expert/Leader
Real Estate • Social Impact • Financial Services
The Role
Lead NEF's Project Management department overseeing underwriting, transaction execution, operational excellence, quality assurance, and cross-functional coordination across LIHTC, Structured Finance, and Predevelopment. Build and develop teams, standardize workflows, implement process improvements, ensure accurate reporting, and manage transitions to Asset Management while supporting increasing transaction volume and complexity.
Summary Generated by Built In

NATIONAL EQUITY FUND, INC. is a leading non-profit syndicator of Low-Income Housing Tax Credits (LIHTC) with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing.

The Head of Project Management provides strategic leadership for NEF's Project Management department, overseeing the closing investment lifecycle across NEF's LIHTC, Structured Finance, and Predevelopment business lines. This executive is accountable for underwriting quality, transaction execution, operational excellence, and the leadership and development of the underwriting and closing organization while driving continuous improvement and cross-functional collaboration.

 ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Lead and develop the underwriting and closing organization through Managing Directors, establishing accountability, performance expectations, and talent development across all levels.

  • Align staffing, resources, and organizational structure to support business objectives, transaction volume, and evolving market conditions.

  • Assign transactions strategically based on capacity, expertise, investor requirements, and deal complexity.

  • Foster a culture of accountability, collaboration, continuous learning, and operational excellence.

  • Oversee underwriting and closing activities to ensure timely, accurate, and consistent execution across all business lines.

  • Establish and maintain quality assurance standards, operating procedures, and internal controls that minimize risk and support investment objectives.

  • Ensure accurate project data, reporting, and visibility into transaction status, key risks, and closing timelines.

  • Lead process improvement initiatives that enhance efficiency, scalability, technology utilization, transparency, and execution quality.

  • Develop and implement best practices, standardized workflows, and performance metrics across the department.

  • Drive continuous improvement to support increasing transaction volume and product complexity.

  • Serve as the primary operational liaison between Project Management and Originations, Credit, Legal, Investor Relations, Asset Management, and other business partners.

  • Ensure effective communication, coordinated decision-making, and seamless transaction execution throughout the investment lifecycle.

  • Oversee successful transition of closed transactions to Asset Management while maintaining an exceptional internal and external client experience.

MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

  • Bachelor's degree in Business, Finance, Real Estate, or related field; Master's preferred.

  • Minimum 10 years of real estate underwriting experience, including at least 5 years in the Low-Income Housing Tax Credit industry.

  • Deep knowledge of LIHTC investments, underwriting, compliance, and transaction structuring.

  • Demonstrated success leading large professional teams and developing senior talent.

  • Strong executive communication, analytical, negotiation, and problem-solving skills.

  • Proven ability to lead cross-functional initiatives and manage multiple complex transactions.

  • Advanced Excel proficiency and ability to learn proprietary systems.

  • Willingness to travel as needed.

 

 

We offer a competitive salary, along with a comprehensive benefits package.

 NEF IS AN EQUAL OPPORTUNITY EMPLOYER

Skills Required

  • Bachelor's degree in Business, Finance, Real Estate, or related field
  • Master's degree
  • Minimum 10 years of real estate underwriting experience
  • At least 5 years in the Low-Income Housing Tax Credit (LIHTC) industry
  • Deep knowledge of LIHTC investments, underwriting, compliance, and transaction structuring
  • Demonstrated success leading large professional teams and developing senior talent
  • Strong executive communication, analytical, negotiation, and problem-solving skills
  • Proven ability to lead cross-functional initiatives and manage multiple complex transactions
  • Advanced Excel proficiency and ability to learn proprietary systems
  • Willingness to travel as needed
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The Company
125 Employees
Year Founded: 1987

What We Do

National Equity Fund (NEF) is a leading non-profit, multi-family, affordable real estate investment manager. Its mission is to create and deliver innovative, collaborative financial solutions to expand the creation and preservation of affordable housing. Utilizing its Low-Income Housing Tax Credit (LIHTC) syndication and lending platforms, NEF provides critical capital and expertise in pre-development, preservation, and workforce lending to support low- and moderate-income communities nationwide.

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