Manager, Investor Reporting

IFF•Chicago, IL

1d•$75,000 - $96,000•Hybrid

About The Position

The Manager of Investor Reporting, Capital Solutions will lead investor compliance, and reporting for IFF’s lending activities. This includes compliance with grant programs administered through the CDFI Fund, including Capital Magnet Fund as well as other funder relationships connected to the Capital Solutions Department, e.g., FHLB-Chicago and impact investors. The Manager of Investor Reporting is responsible for monitoring and best ensuring compliance at key milestone dates and throughout the life of funder commitments, in addition to staying abreast of Compliance and Monitoring guidance by the CDFI Fund.

Requirements

Bachelor's in business, accounting, finance, community development, or related fields
Minimum of two years of experience in banking, commercial real estate lending, community development, portfolio management, or nonprofit management.
Knowledge and experience with compliance with regulatory and/or funder commitments.
good interpersonal and managerial skills
high-level written and oral communication and presentation skills, experience in formal presentations.
Some but infrequent travel across the Midwest; occasional evening and weekend work.

Nice To Haves

Knowledge of community development principles, real estate finance and development, and affordable housing are preferred
Experience with community development and structured finance programs (such as NMTC), and a network of contacts with nonprofits, government, and lending agencies is a plus.

Responsibilities

Manage Investor Compliance and Reporting Review all finalized investments and document upcoming reporting requirements
Monitor upcoming reports due and draft all investor reports for submission by due dates.
Work to ensure quality of data in external and internal reports in partnership with Financial Analytics and Capital Solutions.
Work collaboratively across the enterprise to meet objectives efficiently and effectively.
Implement audit-ready loan-level file systems meeting the requirements of each program.
Lead annual recertification process.
Monitor loans to meet Target Market requirements.
Prepare and submit the Annual Certification Report, ensuring all key IFF parties adhere to the submission deadline.
Monitor accountability to the Target Market, as defined by the CDFI Fund, advising management on approaches to ensure continuous compliance.
Coordinate with system users and the Data team to ensure IFF databases collect all data points required for Certification, enabling accurate, real-time reporting.
Ensure timely submission of all CDFI compliance reports.
Facilitate discussion sessions with IFF’s accountability body, our Community Advisory Committee, to gather input on our lending strategy and policy for the board
Maintain knowledge of all active impact investments and an understanding of the funding deployment requirements for each investment.
Attribute loans to impact investments, ensuring alignment with investor goals and investment requirements.
Oversee reporting to impact investors, coordinating with other internal teams to prepare impact reports.
Maintain required job knowledge and skills and core professional competencies.
Attend and participate in required educational programs and staff meetings.
No job description can be entirely comprehensive, and the jobholder will be expected to carry out such other duties as may be required from time to time and are broadly consistent with the job description and status of the position within the organization.