Portfolio Manager - Commercial Real Estate

ABOUT REINVESTMENT FUND:

At Reinvestment Fund, we are dedicated to making a tangible difference in the lives of underserved individuals and communities. Our mission is to create opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.

As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.

Reinvestment Fund is looking for a talented and mission-driven Commercial Loan Portfolio Manager to support our Lending and Investments team in the post-closing relationship management of Reinvestment Fund’s borrowers. The Portfolio Management team serves as the client point of contact once the loan has closed, and is responsible for payment performance, compliance monitoring, annual review, financial analysis, and risk mitigation. Portfolio Managers have a broad array of loans under management and are the organization's key partner in identifying issues and resolving performance related concerns.

The Portfolio Management team also measures and presents lending business insights, credit risk and performance metrics. This role offers a rare chance to work hands-on with borrowers and leverage analytical skills to drive meaningful and lasting change in the communities we serve.

• Oversee the performance of loans and asset classes under management as assigned.
• Provide quality customer service at all points of contact with Reinvestment Fund borrowers as well as answer questions and advise customers regarding loan transactions.
• Act as Post Closing Relationship Manager for Reinvestment Fund borrowers.
• Analyze portfolio trends and identify portfolio vulnerabilities by interpreting data on payment trends, borrower financial ratios, pricing, economic influences, and other factors affecting the portfolio.
• Manage loan covenant compliance, including financial statement collection, performing quarterly and/or annual covenant compliance checks, and following up with borrowers in the case of covenant violations.
• Prepare consistent and accurate analyses during loan events such as annual loan review, modification, extensions, or default.
• Propose solutions to loan problems and accurately explain the risks and benefits of proposals in formal credit memorandum.
• Prepare annual reviews that identify trends and keep various stakeholders apprised of portfolio performance and of any identified concerns.
• Self-prepare documentation to effectuate loan changes or coordinate with attorneys in the timely documentation of same.
• Prepare quarterly loan impairment analysis for all troubled loans in the assigned portfolio.
• Develop and enforce loan workout plans under the direction of the Managing Director.
• Other duties as assigned.

• Bachelor’s degree in finance, economics, accounting, or other related fields preferred. Experience will be considered in lieu of undergraduate degree.
• 5+ years related job experience with increasing levels of financial analysis expertise in Financial Services, Real Estate, or other related fields.
• Experience creating and communicating credit, investment, or real estate analysis – including formal written and oral presentation to various stakeholders.
• Ability to effectively synthesize information, organize logical arguments and summarize key points.
• Experience performing financial analysis and modeling in Excel.
• Strong experience in analyzing complex financial statements and tax returns.
• Experience interpreting legal documents such as leases, mortgage notes, contracts, etc.
• Experience reviewing construction budgets, project plans, appraisals, inspection reports and other real estate…