Loan Portfolio Analyst - Cinnaire Corporation

Job Summary: The Loan Portfolio Analyst works with the Portfolio Management (PM) team of Cinnaire Lending. The Portfolio Management team is charged with the oversight and administration of all tax credit deals in the Cinnaire Lending portfolio. 

Find more information and application here.

Community Investments Portfolio Asset Manager - CIBC

Location: Chicago, IL

Job Type: Full Time

Job Number: 2320998

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com. Full post available here.

Customer Success Manager - Token Transit

Summary

As a Customer Success Manager, you own the entire lifecycle of our customers - from kickoff, to onboarding, to account reviews, and renewals. You are a creative problem solver who is committed to ensuring the success of our municipal partners. You’ll also be the first line of defense to customer inquiries (i.e. Zendesk tickets) and communication. With keen observational and communication skills, you relay the “voice of the customer” to the rest of the organization - distilling valuable insights on product feedback, customer challenges, and customer success stories.

Salary: $172K

Location: San Francisco, CA

Job Type: Full-time

Find out more and apply here.

Project Manager - Greenprint Partners

Who: Greenprint Partners is a green infrastructure delivery partner that helps cities achieve high-impact, community-driven stormwater solutions at scale. Our green infrastructure projects are designed to maximize community benefits, be delivered at scale, and maintained for the long-term. That’s how our team of project managers, community organizers, landscape architects, engineers, and finance professionals helps get the most good out of green infrastructure. Greenprint Partners is a women-owned, certified B-Corp.

What: The Project Manager is:

• An experienced Project manager, ideally with familiarity of green stormwater infrastructure 
• Accountable to schedules and deliverable dates 
• The kind of person that loves the details and thrives on organizing and streamlining 
• Used to thinking one or two steps ahead of what’s currently on your plate 
• Confident in managing a portfolio of projects at various stages of development 
• Excited by working in a innovative and collaborative environment 
• Comfortable with healthy conflict and diverse communication styles 
• Excited about traveling for work frequently, including on weekends, as needed 

Responsibilities include:

Chief Portfolio Officer – Chicago Public Schools

Who: Chicago Public Schools (CPS) is the third largest school district in the United States, serving over 370,000 students at more than 600 schools. CPS employs more than 34,000 people, more than half of whom are teachers, and has set ambitious goals to ensure that every child in every school and every neighborhood has access to a world-class learning experience, resulting in graduation from high school college- and career-ready. And CPS students are making incredible progress. Recently, CPS announced a record-high graduation rate of 77.5% and boasts some of the fastest learning growth in the nation among large cities.

What: The objective of the Portfolio Office is to ensure students in every part of Chicago have access to high quality educational options by building coherent and aligned systems for school applications, enrollment, regional school planning, incubation of quality school options, and accountability and oversight. Reporting to the Chief Executive Officer (CEO), the Chief Portfolio Officer will serve as a member of the district's executive leadership team and provide oversight for the following teams:

• Access & Enrollment: Manages the application, testing, selection and notification process for magnet, selective enrollment, and open enrollment schools, international baccalaureate high schools, military academies, and career & technical education (CTE) college and career academies. 
• School Quality Measurement: Provides school performance data and analysis for stakeholders in schools, networks, central office and the community. 
• Innovation & Incubation: Provides students with access to high quality and innovative education through incubation of quality schools, accountability and high quality oversight. Oversees a portfolio of approximately 142 schools and programs, including 122 charter school campuses, 9 contract schools, 10 Alternative Learning Opportunities Programs (ALOP) and 1 SAFE School, which together educate over 60,000 students. 
• Demographics & Planning: Supports organizational decision-making with synthesized analyses involving neighborhood-by-neighborhood demographic trends, school enrollment projections, school facility utilization statistics and school configuration options. Issues data to inform the community engagement processes surrounding school and facility planning. 

The Chief Portfolio Officer is responsible for the successful performance and oversight of the following duties, in addition to other related duties as assigned:

Portfolio Management Assistant - Chicago Community Loan Fund

Portfolio Management Assistant

Chicago Community Loan Fund

The Portfolio Management Assistant provides critical and substantive support to CCLF’s lending,
marketing and portfolio management programs, enjoying a wide range of duties and responsibilities. The position supports the work of the Director of Portfolio Management (DPM) and the Portfolio Management Team, but also provides specific support to the Director of Lending. The position includes direct and indirect contact with and service to our applicants, borrowers and investors.

• Serve as the liaison in the Portfolio Management Department between the Lending and Finance and Accounting teams for a variety of matters.
• Assist the DPM with gathering borrower information for loan renewal and restructure
• Schedule site visits and meetings with borrowers as needed (managed by DPM)
• Process and track draw requests according to established procedures.
• Coordinate with Finance and Accounting team to reconcile month end Portfolio Numbers and ensure account accuracy.
• Prepare and distribute monthly routine and delinquent invoices to borrowers
• Prepare materials and take minutes for all Loan Committee, Special Assets Committee, and Enterprise Risk Management Committee meetings and schedule other small meetings as needed
• Manage monthly monitoring of customer accounts, record payments, maintaining credit files, borrower insurance and tax compliance, real estate tax payments, UCC filings, deposit account verifications, etc.
• Assist with borrower compliance as necessary
• Serve as the primary contact person on the Portfolio Management Team for investor compliance reports (managed by Director of Portfolio Management)
• Collect, audit and report social impact data on all loans regularly and communicate data to the appropriate teams
• Maintain portfolio reports and analyses for both internal and external use (e.g. Loan Portfolio Ratings Report, portfolio segmentation, charge-offs tracking, repaid loans tracking, collateral tracking, etc.)
• Produce and distribute periodic borrower mailings (e.g. surveys) with supervision from DPM Assist with the maintenance of the loan portfolio databases (including borrower addresses) and credit files
• Conduct loan inquiry/intake calls and report the information to the Director of Lending (DOL)
• Schedule follow up calls from the loan inquiries for the DOL.
• Manage the Deal Flow spreadsheet
• Assist with Technical Assistance programs, workshops, and reporting
• Co-lead the annual CDFI Fund application (in cooperation with External Relations Officer and other staff)
• Research programs and initiatives of interest to CCLF as necessary
• Other duties as assigned 

Nature Scope of Working Relationships
The Portfolio Management Assistant position requires maintaining working relationships with fellow team members; borrowers; potential clients; consultants; vendors; financial institutions; other public/private sector institutions; peers in the field of community development; and committee volunteers. This position reports to the Vice President of Lending but also works with direction from the Senior Portfolio Management Officer.

Major Challenges/Performance Measures

The major challenge of this position is to provide prompt, accurate and superb customer service to a wide array of stakeholders including investors, borrowers and senior management; while insuring a high level of accuracy and quality in loan portfolio reporting.

Performance measures include: maintaining a depth of knowledge of each loan/borrower; proactive and timely problem solving; outstanding customer service; accurate reporting across the organization; and maintaining current, accurate, and organized loan management system and credit files.

Qualifications

The Portfolio Management Assistant will possess the following:

• Working knowledge of affordable housing, economic development and other community financing
• Excellent oral and written communications skills
• Strong marketing skills
• Strong quantitative skills
• Ability to organize and handle multiple priorities simultaneously
• Ability to work with a diverse range of community-based groups
• A keen attention to detail
• Ability to work effectively in a team environment
• Working knowledge of Microsoft Office, Access and/or other database programs
• Working knowledge of GIS software

Minimum educational requirement: Bachelor’s degree in urban planning, business, real estate,

economics, or a related field.

Work Conditions 

Majority of time is spent indoors in an office atmosphere. Occasional local travel may be required. While performing the duties of this job, the employee is regularly required to sit, use hands, talk and hear. This position requires occasional standing, walking, kneeling and crouching.  This employee must occasionally lift and/or move up to 25 pounds.

It is the policy of the Chicago Community Loan Fund not to discriminate against any applicant for

employment, or any employee because of age, color, sex, disability, national origin, race, religion, marital status, sexual orientation, gender identity or veteran status.

CHICAGO COMMUNITY LOAN FUND: www.cclfchicago.org

Commercial Loan Portfolio Manager - Leading Financial Services Firm - Newark, NJ

Commercial Loan Portfolio Manager
Leading Financial Services Firm

Newark, NJ 
Experience:7-10 years

1. Portfolio for Community Bank 2. New Jersey Financial Institution 3. C&I, CRE, Commercial Loans 4. Loan Extensions and Modifications 5. Commercial Lending 6. Formal Credit Training (Credit Risk Acumen as it relates to Loans) 8. SBA, Faith Based Institutional Lending US Citizens and Green Card Holders Only

Portfolio Loans-Community Bank-NJ Location-Perm End/Client Opportunity

The Portfolio - is responsible for the overall asset management and reporting for a portfolio of loans to support the development of faith based institutions, the development of housing, early education, charter schools, other community facilities, small businesses and others.

The Portfolio also supports Underwriting and Business Development in strengthening relationships with clients. As part of Credit, the Portfolio supports the achievement of institutional and overall Credit work plan goals.

The Portfolio - reports to the Deputy Senior Credit Officer and will work closely with the SVP/Senior Credit Officer, SVP/Credit Operations , SVP/Senior Risk Officer, Underwriters and Business Developers in an effort to meet lending goals and objectives. The Portfolio will communicate with borrowers, third party lenders, attorneys and other external parties, as appropriate

Major Duties and Responsibilities: 

• Loan Monitoring 
• Site visits 
• Loan Extensions and Modifications 
• Non-performing Loans 
• Reporting 
• Projects 
• Policies and Procedures 

The ideal candidate for this position will have these key qualifications:

• Experience in real estate-based or business lending, including credit analysis, due diligence and loan documentation
• Working experience with both private sector financial institutions and public agencies.
• Computer aptitude, including knowledge of Microsoft Office Suite programs, and other database software.
• Excellent skills in managing multiple task requiring strong attention to detail.
• High level of analytical and research expertise
• Excellent leadership, interpersonal, team and communication skills (written and verbal)
• Knowledge of banking regulations (OCC and FDIC)
• Ability to work independently with limited supervision
• Ability to establish credibility and rapport;
• Ability to communicate and function professionally with all levels of personnel and business partners across the organization
• Must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions
• Able to take “full ownership” of issues until they are completely resolved

Nice to Have:

• Familiarity with houses of worship and faith based institutions, charter schools, community development projects as well as federal, state, and local government funding sources for capital and operating needs of faith based institutions, and community facilities.
• Proficiency in analyzing financials of nonprofit organizations, faith based institutions, community development projects, charter schools and real estate operators (in particular, community facilities

Educational and Other Requirements

• A relevant area of study such as, business administration, theology, philosophy, urban planning or finance. 
• Community Bank experience necessary
• 8-10 of relevant work experience in a commercial lending function (commercial real estate, construction, small business lending, etc.) preferably with a community bank or community development financial institution or with a house of worship or a faith based institution or charter schools or small businesses
• Credit training (formal or on-the-job) at a commercial bank, credit union or community development financial institution that is recognized and well regarded for its credit risk acumen
• Experience with loan, legal and collateral documentation and compliance
• High of self-motivation, dedication, creativity, and perseverance, including flexibility with time and willingness to accept a demanding (and personally satisfying) position. 
• Teamwork and time management skills
• Travel is required and candidate must have a valid driver’s license.

Director of Housing Development, Women's Housing and Economic Development Corporation - Bronx, NY

Director of Housing Development

Job posted by: Women's Housing and Economic Development Corporation

The Women's Housing and Economic Development Corporation (WHEDco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. We build award-winning, sustainable, affordable homes – but our work is not over when our buildings are complete. WHEDco believes that to be successful, affordable housing must be anchored in strong communities that residents can be proud of. WHEDco's mission is to give the South Bronx access to all the resources that create thriving neighborhoods – from high-quality early education and after-school programs, to fresh, healthy food, cultural programming, and economic opportunity. See www.whedco.org for more information.

Job Summary: The Director of Housing Development oversees WHEDco's mixed-use development portfolio.

Primary Responsibilities:

• Portfolio management of WHEDco's existing portfolio of affordable housing, consisting of two buildings with 260 dwelling units, overseeing third-party property management agent.
• Oversee capital investment in WHEDco's buildings, including major capital improvements and recapitalization of a Low Income Housing Tax Credit-funded building whose tax credit compliance period has expired.
• Together with a joint venture partner, manage new construction development of a 277-unit building with 40,000 square feet of commercial/community facility space, on which construction financing is expected to close in December 2015.
• Consonant with WHEDco's mission, identify new sites for development and spearhead predevelopment efforts.
• Oversee WHEDco's sustainability and green building efforts, including a cogeneration plant and a rooftop farm.
• Manage and supervise a team of two to three staff members.

Qualifications:

• Master's degree or comparable experience in urban planning, public administration, business, real estate development/finance.
• At least 3 years of project management experience, preferably with affordable housing.
• Supervisory experience preferred.
• Excellent financial and budget analysis skills.
• Proficient in Microsoft Office products, especially Excel.
• Strong interpersonal, verbal and written communication skills.
• Commitment to community development and work in low-income communities.

WHEDco affords all qualified applicants equal employment opportunities without discrimination because of race, creed (religion), color, sex, national origin, sexual orientation, military status, age, disability, predisposing genetic characteristic, marital status or domestic violence victim status, or any other category protected by law. WHEDco follows the requirements of the New York Human Rights Law with regard to non-discrimination on the basis of prior criminal conviction and prior arrest.

Excellent benefits and competitive salary based on experience.

How to apply

To respond, send a cover letter and resume to one of the following:

Email: realestate@whedco.org

Mail: WHEDco, 50 East 168^th Street, Bronx, NY 10452

Attn: Angela Ortiz, Director of Human Resources

Application Deadline: July 31, 2015, or until filled.

Housing Associate, Women's Housing and Economic Development Corporation - Bronx, NY

Housing Associate

Job posted by: Women's Housing and Economic Development Corporation

The Women's Housing and Economic Development Corporation (WHEDco) is a community development organization founded on the radically simple idea that all people deserve healthy, vibrant communities. We build award-winning, sustainable, affordable homes – but our work is not over when our buildings are complete. WHEDco believes that to be successful, affordable housing must be anchored in strong communities that residents can be proud of. WHEDco's mission is to give the South Bronx access to all the resources that create thriving neighborhoods – from high-quality early education and after-school programs, to fresh, healthy food, cultural programming, and economic opportunity. See www.whedco.org for more information.

Job Summary: Housing Associate manages projects for WHEDco's Housing Development Department, including both portfolio management and development of new projects.

Primary Responsibilities:

• Track and analyze financial performance of WHEDco's existing portfolio of affordable housing, consisting of two buildings with 260 dwelling units.
• Manage major capital improvements of affordable housing development.
• Assist Director of Housing Development with oversight of 277-unit new construction development, identification of new development sites and related predevelopment efforts.

Qualifications:

• Bachelor's degree with at least two years of experience in affordable housing, real estate development/finance or related field. Alternatively, Master's degree in urban planning, public administration, business, real estate development/finance.
• Strong project management, financial and analytical skills.
• Expert in Microsoft Excel; proficient in other Microsoft Office applications.
• Strong interpersonal, verbal and written communication skills.
• Demonstrated commitment to community development and work in low-income communities.

WHEDco affords all qualified applicants equal employment opportunities without discrimination because of race, creed (religion), color, sex, national origin, sexual orientation, military status, age, disability, predisposing genetic characteristic, marital status or domestic violence victim status, or any other category protected by law. WHEDco follows the requirements of the New York Human Rights Law with regard to non-discrimination on the basis of prior criminal conviction and prior arrest.

Excellent benefits and competitive salary based on experience.

How to apply

To respond, send a cover letter and resume to one of the following:

Email: realestate@whedco.org

Mail: WHEDco, 50 East 168^th Street, Bronx, NY 10452

Attn: Angela Ortiz, Director of Human Resources

Application Deadline: July 31, 2015, or until filled.

Asset Manager, Clifford Beers Housing, Inc. - Los Angeles, CA

Asset Manager

Job posted by: Clifford Beers Housing, Inc.

Posted on: June 12, 2015

Job description

POSITION ANNOUNCEMENT

Job Title: Asset Manager

Location: Los Angeles, CA

Department: Asset Management

Reports To: Executive Director

Hours: M-F plus some evening, weekends, and holidays

Pay Rate: DOE/DOQ plus flexible benefits

FLSA Status: Exempt

Category: Administrative

Supervision Responsibilities: None

Summary: Clifford Beers Housing ("CBH") seeks a full time Asset Manager ("AM") to oversee the portfolio management and administration of CBH's operating properties to ensure long term performance, regulatory and investor compliance, and quality of life for CBH's housing development projects and its tenants. The AM will be responsible for all asset management and compliance reporting associated with CBH's portfolio which includes 7 completed projects totaling 310 units primarily throughout Los Angeles County. Additionally, CBH is under construction on 25 units and another 76 units are in predevelopment.

Essential Duties and Responsibilities: This is not an exhaustive task list, and other duties may be assigned as deemed appropriate or necessary by the supervisor or program director. 

Works hand in hand with the Housing Development Director during submittal of housing development applications as related to operating budgets and proformas, rent restrictions, welfare tax exemptions, fair housing issues, supportive service plans

• Acts as liaison to the service provider and other operational issues as necessary
• Transitions projects from construction to completion and turnaround underperforming properties
• Responsible for all asset management and compliance reporting associated with CBH's portfolio which includes 7 completed projects totaling 310 units primarily throughout Los Angeles County

• Responsible for overseeing an independent property management company responsible for the property management of CBH's portfolio, conducts periodic building and tenant file inspections, prepares annual operating budgets, prepares projections of cash flow and residual receipts calculations, prepares needs assessment and capital budgeting
• Coordinate with independent accountants in the preparation and review of audited financial statements as well as performing other financial analysis as required
• Oversees all leasing activities
• Research, as necessary, partnership agreements, financing documents, regulatory agreements and other sources to determine financial, statutory, and regulatory reporting requirements
• Prepares and ensures all regulatory, lender and investor compliance
• Prepares and submit initial and on an annual basis, all documentation to ensure welfare tax exemption
• Ensures approval of annual property and liability insurance to all respective parties involved in transactions as well as minimize risk to CBH's portfolio
• Ensures that required building's business licenses and permits are obtained and remain current
• Presents the status of housing development projects to CBH's Board of Directors

Education and Experience Matrix--one of the following combinations is required:

EDUCATION

EXPERIENCE

Bachelor's degree in Urban Planning, Finance, Real Estate, or related field.

Minimum 1 year of direct, hands-on experience performing asset management functions, or 2 – 4 years of related/comparable work experience.

Other Position Requirements:

• Knowledge of public and private housing finance programs, including HUD, HOME, particularly Section 8 programs, low income housing tax credits and IRS Section 42
• Professional demeanor in representing the organization to colleagues, constituents, funders and public officials
• Strong attention to detail and the ability to manage multiple projects, establish workload priorities, and meet deadlines
• Excellent written and verbal communication skills, with strong emphasis on financing
• Experience in underwriting proformas, particularly operating cash flows
• Understanding of dispositions, capital accounts, and recommending exit strategies for projects
• Ability to handle sensitive and confidential materials
• Proficient in Microsoft Office, Word, Excel, and Outlook
• Driving with current class C driver's license, a vehicle for transportation, proof of valid automobile insurance, the ability to be insured by MHALA liability insurance are conditions of employment

How to apply

How to Apply: Email Resume to kpark@cbhousing.orgEOE. Please reference Asset Manager in subject line. Please submit cover letter and resume as an attachment in Word Document or PDF format only.

Portfolio Management Associate, Community Development Banking (New Markets Tax Credits) – Chicago, IL

Job Description 

Portfolio Management Associate, Community Development Banking (New Markets Tax Credits) – Chicago, IL-150014579 https://www.careersatchase.com/searchjobs Portfolio Management Associate, Community Development Banking (New Markets Tax Credits) - Chicago, IL Overview The Community Development Banking (CDB) line of business within the Commercial Bank specializes in lending and equity investments in designated low and moderate-income communities, via direct investment as well as through federal tax credit programs.  National clients include CDFI funds, community development entities (CDEs), small businesses, and community based-not-for-profits.  https://www.chase.com/commercial-bank/finance/community-development Transaction and Portfolio Management within the New Markets Tax Credit Group acts as the primary point of  contact for  CDEs and project borrowers (QALICBs) post-closing of a New Markets Tax Credit transaction.  Additionally, they act as the business-side liaison between our CDE and QALICB clients and the group that services our NMTC transactions and the Credit Risk organization.  The  Associate will assist both in the overall activities of the group, as well as being responsible for a discrete portion of the existing portfolio, and a portion of the newly originated transactions. Key Responsibilities include During the closing process, the Associate will work with the NMTC Originations team and the servicing team to ensure that funding of the Investment Fund is initiated and that the waterfall of wire transfers are complete.  Additionally, they will work with the servicing team post-close to ensure accurate transaction flow during 7-year compliance period.  The Associate will be responsible for a portion of the portfolio of transactions (approximately 50 transactions) and will act as the primary point of contact with CDEs, and QALICBs during seven compliance period.  They will be responsible for periodically collecting community impact, project status, compliance data, and financial information from CDEs and project borrowers.  The Associate will work with Legal, and Special Assets in workout situations to ensure NMTC compliance. Qualifications Bachelors required  Completion of a major corporate bank credit training program (or the equivalent corporate banking/corporate finance experience) 2-4 years of banking/lending/credit experience, familiarity with Community Development Financial Institutions, and preferably with experience in federal tax credit programs Significant accounting and finance knowledge as well as and commercial banking experience.  Superior oral and written presentation skills, interpersonal skills, and analytical and problem solving skills Job  Commercial Credit Primary Location US-IL-Chicago-Chase Tower Chicago / 10468 Organization  COMMERCIAL BANK Schedule  Full-time Job Type  Standard Shift  Day Job Travel  No Corporate Brand  Chase