Sanger, CA
May 15, 2018 2018-07-14
Job Description

Merritt Community Capital Corporation

Job Description


Merritt Community Capital Corporation is looking for a charismatic, knowledgeable Director of Investor Relations and Fund Management to join our team of industry professionals. 

Who We Are: Merritt Community Capital Corporation is a mission driven, nonprofit syndicator of tax credits, based in Oakland, which has been providing equity capital to build affordable housing in California exclusively for almost 30 years. Our values based culture emphasizes integrity and work-life balance. 


Summary: Manages investor relations for Merritt Capital including raising LIHTC equity investment capital for Merritt Funds, providing investment services and support to current and new investors, cultivating potential LIHTC investors, implementing investor client services, and enhancing Merritt Capital’s visibility in the corporate and banking investor community.


Essential Duties and Responsibilities:

Maintains and develops relationships with existing and potential investors.

Coordinates the initial contacts and marketing of Funds to potential qualified investors.

With the support of legal counsel, manages the formation, subscription and closing of Merritt Capital Equity Funds, including due diligence requirements.

Coordinates with Director of Acquisitions to build LIHTC fund investment pipeline consistent with investor requirements

Develops strategies, materials and a marketing plan to market Merritt Funds to potential investors and participates in new business development.

Monitors the competitive position in the LIHTC market with respect to business terms, pricing decisions, and investor appetite.

Additional Duties may also include:

Revise and oversee investment reporting and management platform and provide regular investment updates to existing investors consistent with best practices and investor needs.

Represent Merritt Capital at various conferences and meetings to increase Merritt’s visibility.

Other duties may be assigned.


Must possess strong customer relations skills, good judgment and initiative.  Demonstrates ability to effectively communicate both orally and in writing with a variety of people and agencies, analyze LIHTC Benefits Schedules, fund pipelines, underwriting parameters and variances, affordable housing proformas and budgets. 

Must have knowledge of the regulations governing the Section 42 Low Income Housing Tax Credit program and a general knowledge of corporate income tax policies and procedures.  May have experience working for or with investor institutions, banks, Community Development Financial Institutions, non-profit housing organizations plus knowledge of the affordable housing industry in California or experience with the Low-Income Housing Tax Credit program is desirable. 


 Bachelor’s degree (BA) in related field from four-year college or university; five years progressively responsible experience in real estate development, finance or investment banking, and of these at least three years of finance experience (relevant advanced education may substitute for one of these three years); or equivalent combination of education and experience.

Why Join Merritt:

  • Competitive Salaries
  • Medical, Dental and Vision Benefits
  • Generous 401(k) Program
  • Casual Dress Code
  • Liberal Holidays and PTO
  • We’re a Dynamic, Innovative Group Who Like to Have Fun

Kindly send resumes with a cover letter to [email protected]