Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.
The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.
Nelnet is a corporate taxpayer with a strong appetite and investment capacity for various tax credits, especially renewable energy tax credits. As this portfolio has grown and Nelnet has begun offering the investment credit opportunity to third parties, the business requires an individual to assist with investment management and portfolio administration. Each investment has unique characteristics and intricacies in terms of value maximization and risk mitigation.This position will be integral in ensuring the investment performs as projected, we maintain strong working relationships with our development partners and provide best-in-class service to our co-investors, while managing compliance with federal income tax regulations. In addition, other responsibilities include participation in diligence prior to investment, financial modeling, internal and external reporting, and interaction with investors and sponsors.
JOB RESPONSIBILITIES:
1. Participate in the due diligence phase of an investment prior to close to manage risks, maximize profitability, and establish the mechanics for managing the investment post-close.
2. Monitor and analyze overall performance of funding, operations, compliance requirements, and return thresholds associated with tax credit investments.
3. Interact with project sponsors and project financiers on issues, disclosures, and delays.
4. Correspond with internal accounting and syndication teams on project deliverable timelines and asset performance.
5. Coordinate with co-investors throughout the due diligence phase to facilitate smooth and timely funding’s.
6. Report pertinent accounting, tax, and performance information to Nelnet as an investor, in addition to other third-party investors.
**Pay Range for this position is--$60k-75k
This position offers a hybrid work option. Nelnet values flexibility and understands the importance of work-life integration. Our hybrid work environment allows associates living within 30 miles of an office location to work remotely for part of the week, while also fostering collaboration and team connection through in-office presence three days per week.
Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship.
EDUCATION:
Bachelor’s Degree required in Accounting, Finance, or Business Administration.
EXPERIENCE:
1-2 years of experience in project finance, underwriting, or asset management preferred.
COMPETENCIES – SKILLS/KNOWLEDGE/ABILITIES:
1. Consistent, High Quality Results: Establishes credibility and finance leadership by producing timely, accurate and insightful results, consistently. Earns the respect of others through effective interaction with all teams.
2. Extensive Microsoft Excel experience. Ability to organize large amounts of data.
3. Efficiency/Accountability: Allocates time efficiently, focusing on ever-shifting priorities, continually seeks ways to improve individual and team productivity. Highly accountable and able to manage multiple complex tasks in a fast-paced, dynamic environment. Effective follow through skills.
4. Energy, Drive, and Motivation: Embraces challenges enthusiastically, then executes relentlessly. Willingness to expand role and find ways to support members of the accounting, legal, and tax departments.
5. Entrepreneurial: Encounters new business ideas and continuously assesses the proposals.
6. Possesses strong project management and organizational skills. Ability to be detailed-oriented and compliance-focused.
7. Strong/confident communication style: Effectively communicates with and engages all levels of the organization from internal teams to external partners both verbally and in writing. Displays confidence in expressing opinions and in offering a point of view. Strong interpersonal skills.
Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: Benefits & Perks - Nelnet Inc.
Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.
Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or [email protected].
Nelnet is a Drug Free and Tobacco Free Workplace.
Use of Artificial Intelligence in Hiring
We may use automated or artificial intelligence enabled tools to assist with the initial review of applications, such as identifying relevant skills or experience. These tools are used to support human review and do not make hiring decisions. A recruiter reviews applications and determines which candidates move forward in the hiring process. For more information, see our Privacy Policy and Pre-Use Notice: Automated Tools in Hiring
Skills Required
- Bachelor's degree in Accounting, Finance, or Business Administration
- 1-2 years of experience in project finance, underwriting, or asset management
- Extensive Microsoft Excel experience and ability to organize large amounts of data
- Strong project management and organizational skills
- Detail-oriented and compliance-focused approach
- Strong verbal and written communication skills with internal and external stakeholders
- Strong interpersonal skills
What We Do
Nelnet is a leading student loan servicer – but we’re even more than that. We provide payment technology for over 1,300 higher education institutions and 11,500 K-12 schools. We deliver world-class fiber internet, TV, and phone services to residents of Nebraska and Colorado. We help borrowers achieve their educational goals with private student loan and refinance solutions. And we help businesses boost their performance with our cutting-edge technology and trusted expertise. Each day, over 6,500 Nelnet associates in more than 30 communities across the country work to serve our customers and make their dreams possible. And we’re on the lookout for new people to help us go even further.
