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Nonprofit Finance Fund · 6 hours ago

Manager, Portfolio Management

New York, New York, United States

Full-time

Hybrid

Mid, Senior Level

$100K/yr - $111K/yr

5+ years exp

Nonprofit Finance Fund (NFF) is a nonprofit lender, consultant, and advocate that has been helping organizations access necessary resources for over 40 years. They are seeking a Manager of Portfolio Management to oversee loan portfolios, manage post-closing relationships with borrowers, and ensure compliance and risk management. This role involves analyzing financial performance, providing customer service, and developing workout plans to support borrowers effectively.

Financial ServicesNon Profit

Comp. & Benefits

Responsibilities

Oversee the performance of assigned loan portfolios and asset classes

Analyze portfolio trends and identify emerging risks by evaluating payment performance, borrower financial ratios, pricing, economic conditions, and other relevant indicators

Prepare quarterly loan impairment analyses for troubled loans within the assigned portfolio

Produce annual portfolio reviews that surface trends, assess risk, and keep internal stakeholders informed of performance and concerns

Deliver consistent, accurate financial and risk analyses during key loan events, including annual reviews, modifications, extensions, and defaults

Deliver high-quality, responsive customer service across all borrower interactions, including answering questions and advising on loan transactions

Serve as the primary post-closing relationship manager for NFF borrowers

Proactively follow up with borrowers regarding covenant compliance, performance concerns, or other post-closing issues

Manage loan covenant compliance, including financial statement collection, periodic compliance testing, and borrower follow-up related to covenant violations

Prepare loan documentation to implement approved changes or coordinate with legal counsel to ensure timely and accurate execution

Analyze loan issues and propose solutions, clearly articulating risks and tradeoffs in formal credit memoranda

Develop and support loan workout plans under the direction of the Senior Director and Chief Credit Officer, ensuring adherence to approved strategies

Attend internal and external meetings as needed

As work and community/client needs change assignments, projects, and job duties will be assigned and may change

Qualification

Portfolio ManagementFinancial AnalysisCommercial Credit TrainingAdvanced ExcelLegal Document InterpretationReal Estate AnalysisCustomer ServiceLearning OrientationTime ManagementOrganizational Skills

Required

Minimum of five (5) years of professional Portfolio and/or Asset Management experience with financial analysis expertise in Financial Services, Commercial Real Estate, or other related fields

Formal Commercial Credit training from a recognized bank or institution

A Bachelor's degree in Accounting, Finance, Economics or a closely related field, or an equivalent combination of education and relevant experience within commercial banking and/or lending

Proficient in creating and communicating credit, investment, or real estate analysis – formal writing and oral presentation to various stakeholders

Proficient in effectively synthesizing information, organizing logical arguments, and summarizing key points

Advanced knowledge of Excel with the ability to perform financial analysis and modeling

Proficient experience in analyzing complex financial statements and tax returns

Proficient in interpreting legal documents such as leases, mortgage notes, contracts, etc

Proficient in reviewing construction budgets, project plans, appraisals, inspection reports and other real estate documents

Strong ability to draw conclusions from financial and market data to make sound recommendations regarding ongoing loan management

Comfortable interfacing data between various computer applications/systems including Salesforce and Microsoft Office Applications

All other equivalent combinations of work experience and training/education will also be considered

Preferred

Commitment to NFF's values and mission

Experience working with communities with historical disinvestment

Experience with affordable housing subsidy programs, historic tax credit programs and other economic development tools

Learning orientation and commitment to continuous improvement, learning, and advancing equity in lending practices

Ability to work proactively, independently, and effectively in a remote environment and build strong relationships with colleagues and partners across geographies and time zones

Willingness to collaborate with a dynamic and mission-driven team

Strong time management and organizational skills with the ability to effectively manage multiple priorities and deadlines in a fast-paced environment