Portfolio Management Officer

Description

At Locus, we know communities thrive when they have equitable access to capital. We collaborate with stakeholders across the community development ecosystem to invest in communities with strong aspirations, while addressing challenges like a shortage of affordable housing, limited access to fresh food, a lack of quality jobs, and clean energy innovation. We believe a capital system that centers community input and impact is essential to ensure that everyone, no matter their background, location, or economic status, can live in healthy, thriving places.

Locus is the parent organization for a family of community development enterprises, which includes a nonprofit CDFI loan fund, a CDFI bank, a fund management practice, and a national guarantee program. With offices in Christiansburg and Richmond, Virginia, Locus offers innovative and flexible financing tools and strategic consulting services to individuals and organizations in underestimated and excluded communities, most of which are low-to-moderate income.

Alongside our many partners, Locus has generated over $2 billion dollars in total impact.

Locus is a nonprofit holding company regulated by the Federal Reserve. Locus Bank is an FDIC-insured, certified bank and B Corp offering products tailored to socially conscious investors. Locus Bank is a majority-owned subsidiary of Locus. Member FDIC. Equal Housing Lender. Learn more usimpact.org.

Locus is currently seeking an experienced Portfolio Management Officer I (PMO I) in the department of Credit Risk. The PMO I role involves monitoring portfolio composition and performance, and creating/producing the various internal & external reports and dashboards regularly for upper management. The role will also be responsible for remaining up to date on all regulatory guidelines across the aforementioned portfolios (e.g., including, but not limited to the CDFI Fund, ECIP, CRA, and Capital Magnet Fund).

• Reporting – Responsible for the