Manager, Portfolio Management

Position Reports to:Senior Director Portfolio Management
Suite:Credit Risk and Loan Administration
Department:Portfolio Management
Location:Fully US-based remote;mustresidewithin commutable distance to an NFF office (Boston Los Angeles New York Oakland Philadelphia).
Salary Range:$99500 - $110600

About Nonprofit Finance Fund

Nonprofit Finance Fund(NFF) is a nonprofit lender consultant and advocate. For more than 40 yearswevehelped organizations access the money and resources they need to realize their communities aspirations. Alongside otherswereworking to build community wealth and well-being and put affordable housing essential services quality jobs and excellent education within reach of more people. At NFF we envision a world of shared prosperity where communities have the capital community assets knowledge and agency to thrive. Learn more about our work to achieve our vision through ourTheory of ChangeandValues.

About This Role

NonprofitFinance Fund is looking for talented and mission-drivenManager Portfolio Management who specializes in commercialloansto support our Portfolio Management team in the post-closing relationship management of NFFs borrowers. The Portfolio Management team serves as the client point of contact once the loan has closed andis responsible forpayment performance compliance monitoring annual review financial analysis and risk mitigation. Portfolio Managersmanagea broadarray of loansandenableNFF toidentifyand resolveperformance-relatedconcerns. The Portfolio Management team also measures and presents lending business insights credit riskand performance role offers aunique opportunitytoworkhands-onwithourborrowers andleverageanalytical skills to drive meaningful and lasting change in the communities we serve.

NFF is a remote-first organization with offices inBoston New York Philadelphia Oakland and Los is aUS-based remoterole with a strong preference for candidates within commutable distance to one has core business hours where we expect all staff to be availablefrom 9:00 am to 5:00 pm local timeand occasional travel(20%)isrequired.

What You Will Do

Essential responsibilities for this role include but are not limitedto:

Portfolio Monitoring & Risk Management(35%)

• 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

Relationship Management & Customer Service(35%)

• 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

Compliance Documentation & Workout Management(20%)

• 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

Meetings and Other DutiesAsAssigned (10%)

• Attend internal and external meetings as needed
• As work and community/client needs changeassignments projects and job duties will be assignedand may change

Who You Are and Minimum Qualifications

• 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 trainingfroma recognized bank or institution
• ABachelors degree in Accounting FinanceEconomicsor a closely related field or an equivalent combination of education and relevant experiencewithin commercial banking and/or lending
• Proficientincreating 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

The Strongest Candidates Will Have/Be

• Commitment to NFFs 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 workproactivelyindependentlyand 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

Benefits and Compensation

NFF offersagenerous benefits package thatcurrentlyincludes up totwenty (20)paid holidays/business closure daysthree (3)floating holidays unlimited flexible time off group medicalinsurance with a funded health reimbursement account dental and visionplanslife insuranceand disability plansa retirement plan withboth anon-elective employer contribution(4%)and additional match contribution(2%) a work from home fund and flexible spending accounts to coverhealth dependent careand commuter costs.

This is anexempt full-timerole with an annual salary range of$99500 - $110600.A compensation offer is based on a candidates background andyears ofrelevantexperiencewith consideration for internal of our strong commitment to equity and growth we do not negotiatecompensation offers.