Loan Portfolio Manager

Cahec • Raleigh, NC

2d • Hybrid

About The Position

Loan Portfolio Manager CAHEC is a non-profit community investment organization based in Raleigh, NC, dedicated to expanding access to affordable housing and creating life-changing opportunities across the Southeast and Mid-Atlantic. Our work spans housing and community development tax credit investments, loan programs, affordable housing development, property management services, and wellness and education initiatives for residents. Guided by a vision of thriving, vibrant communities, we strengthen neighborhoods through collaborative partnerships, innovative investments, and supportive services. The Loan Portfolio Manager is responsible for managing and servicing CAHECs Community Capital Divisions loan portfolios including affordable housing and new markets tax credits loans. This position is responsible for maintaining accurate loan records, reviewing, analyzing, and processing loan disbursements and payments, monitoring compliance with loan terms, lead loan modifications and workouts, and ensuring data integrity. The Loan Portfolio Manager works closely with the lending, construction monitoring, and finance teams to support the risk management and rating of individual loans and the portfolio and reporting. Additionally, the Loan Portfolio Manager is an integral participant in department and portfolio budgeting, fundraising, and maintaining organizational and portfolio compliance and serves as the subject matter expert for loan portfolio management software. The position requires day-to-day portfolio management, written and verbal communication, negotiation, analytical, and risk management skills. The employment classification for this position is nonexempt and hybrid remote.

Requirements

• Bachelors degree in real estate, finance, business, city planning, economics, or related field; or, an equivalent combination of education and comparable work experience.
• Minimum five (5) years of progressively responsible lending experience in portfolio asset management, loan servicing, and operations or similar management.
• General knowledge of multifamily and commercial real estate development, construction, corporate and partnership legal and taxation issues, multifamily and commercial real estate lending, and financial management principles, including specific requirements for tax credit financed properties.
• Ability to gain general knowledge of community development financing tools and tax credits, and the ability to expand and effectively apply this knowledge to CAHECs and its affiliates loan and investment programs and portfolios.
• Experience with and intermediate knowledge of and ability to gain and apply advanced knowledge of CDFIs and loan funds.
• Proven ability to navigate challenges, lead difficult conversations, and resolve conflicts with tact and diplomacy.
• Proven ability to manage multiple, concurrent priorities and easily adapt to changes to meet established timetables.
• The position requires excellent written and verbal communication, negotiation, and risk management skills.

Nice To Haves

• Masters Degree in real estate, finance, business, city planning, economics, or related field preferred.
• Community Development Financial Institution and affordable housing finance experience preferred.

Responsibilities

• Perform individual loan and portfolio related asset management functions to identify and mitigate financial, performance, and compliance risks.
• Coordinate with internal and external customers to support the closing of loans and investments that meet annual deployment objectives.
• Perform loan servicing, collections, modifications, facilitate payoffs and release of collateral, and develop workouts as needed.
• Review, analyze, and coordinate closing and on-going loan draw packages, prepare internal disbursement documentation including coordinating with the Finance division to determine funding sources, and facilitate disbursements.
• Ensure compliance with Community Development Financial Institution (CDFI) Fund program and funding source requirements.
• Collaborate with division director to develop, implement, and maintain loan and investment policies and procedures.
• Assist with grant and funding applications, due diligence requests, and responses to other requests for information.
• Maintain borrower/investee and sponsor relationships while managing the portfolio within approved loan and investment policies.
• Perform investor, funder, board, and other reporting data collection and report production.
• Serve as the loan software expert and program administrator.
• Lead the management of data collection and analysis.
• Lead system implementations and upgrades and collaborate with team members on process improvements as needed.
• Positively promote and demonstrate CAHECs mission and Principles and Values through performance and interactions with internal staff and external partners.

Benefits

• CAHEC is an equal-opportunity employer that offers a competitive compensation package which is based on a hiring range that is commensurate on experience, education, and level of responsibility.
• CAHEC also offers a very competitive benefits package.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager