Manager, Portfolio Management - Community Finance

Manager, Portfolio Management - Community Finance

Global Enterprise Affairs works with many external and internal stakeholders to envision and create a world of greater socioeconomic opportunity through advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. Our teams include Communications, Community Impact and Investment (CI&I), Community Finance, CRA Strategy and Program Management, the Government and Political Affairs Group, Regulatory Relations, and Strategy and Engagement.

Through our teams, we have unparalleled access to a diverse group of motivated changemakers similarly focused on the ingredients for a more perfect future.

Community Finance builds inclusive, thriving resident-centered communities that catalyze opportunity and promote well-being. The team originates debt and invests in the low income housing tax credit through proprietary and multi-investor fund structures.

The Underwriting, Portfolio & Loan Management (UWPLM) team is an integral part of Community Finance that is responsible for the risk assessment, evaluation, management and administration of individual loans and investments and the entire portfolio. The team underwrites new affordable housing transactions, manages and administers the portfolio of debt and equity exposure, and ensures a scalable and well‑managed business. The team endeavors to create an environment that supports efficient and impactful risk management.

Our ideal candidate possesses critical thinking skills, demonstrates the willingness and ability to provide effective challenge, strong risk orientation, strong analytical skills, concise verbal and written communication skills, high level of attention to detail, ability to manage internal and external relationship, ability to work independently and as part of a team, problem solving skills, risk management skills, as well as a high level of attention to detail and the ability to work independently and as part of a team.

While serving in this role, it is expected that the incumbent will gain experience in all facets of departmental risk management, strategy and operations and proactively identify areas for process improvement. It is also expected that the incumbent will be a culture carrier and show initiative in maintaining a positive and harmonious work environment.

As a Manager, under the direction of management or designee, you are responsible for managing a portfolio of construction and stabilized loans and Low Income Housing Tax Credit (LIHTC) investments originated by the Community Finance group. Additional scope of responsibilities may include performing due diligence while monitoring construction and lease‑up progress, and stabilized operations, and gathering information necessary to inform our credit partners about potential risks and mitigants.

It is expected that, working with your manager, you will make sound credit recommendations grounded by data and take primary responsibility for managing the deal. While serving in this role, it is expected that the incumbent will gain experience in all facets of departmental operations. As a Manager in Community Finance, you are expected to demonstrate mastery in the execution of your work through a combination of strong core job proficiency;

well developed competencies; being well managed and innovative in your domain; proactive identification and escalation of process/product improvement; growing awareness of big picture issues; providing grounded solutions; confident communications with internal and external stakeholders; and by being a culture carrier for the team.

• Lead sections of portfolio management and analysis of individual debt or equity facilities in alignment with the business risk appetite and in compliance with policies and procedures
• Manage portfolio risk and collaborate with internal risk teams to ensure compliance
• Identify and implement efficiencies in portfolio management processes

• High School Diploma, GED, or Equivalent Certification
• At least 4 years of experience in underwriting, asset management, portfolio management or…