Loan Portfolio Asset Manager

Summary

Join LISC Fund Management as a Loan Portfolio Asset Manager and leverage your analytical and relationship management expertise to drive positive social change. This role involves managing a diverse portfolio of real estate and affordable housing loans, ensuring financial performance, project completion, and community impact. You will monitor portfolio performance, identify potential issues, and collaborate with borrowers and internal teams to find solutions. The position requires strong asset management skills and a passion for community development. It offers a blend of analytical challenges and meaningful purpose, working alongside experienced professionals committed to responsible lending and community development. This is an opportunity to grow your career while contributing to impactful community development projects.

Requirements

• Bachelor's degree from an accredited college or university or requisite relevant work experience
• 5 years of experience in asset management
• 2 years in non-consumer lending asset management preferably in banking/finance or community development
• Working knowledge of real estate and lending
• Experience with defaults and workouts
• Excellent analytical and problem-solving skills
• Proficiency in financial analysis and loan documentation
• Strong attention to detail and organizational skills
• Proficiency in Microsoft Excel and loan management software
• Strong written and verbal communication skills
• Ability to work both independently and as part of a team
• Commitment to community development and social impact

Responsibilities

• Monitor and evaluate assigned loan portfolio across diverse product and project types, tracking performance against underwriting projections and impact metrics
• Proactively manage borrower communications regarding loan covenants, maturity dates, and payment issues
• Analyze financial statements, project budgets, and sources/uses to identify potential performance concerns
• Prepare comprehensive portfolio performance reports, including risk rating analyses
• Process and execute loan modifications including extensions, amendments, and workout negotiations
• Track project progress and maintain accurate documentation of all portfolio activities
• Participate in team meetings and contribute to process improvement initiatives
• Maintain accurate and current portfolio data across all management systems
• Collect and review monthly, quarterly, and annual borrower reports to ensure covenant compliance
• Monitor and report on financial and impact metrics according to established timelines
• Assess loans for potential impairment or write-off recommendations
• Develop and implement standardized documentation protocols for portfolio activities
• Build and maintain productive relationships with borrowers and internal stakeholders
• Coordinate non-construction disbursements according to established policies
• Collaborate cross-functionally with underwriting, legal, and risk management teams
• Prepare and present asset performance materials for internal meetings
• Support senior team members in complex problem-solving situations
• Provide mentorship and guidance to junior team members
• Pursue ongoing professional development in community development finance
• Perform all other duties as assigned

Preferred Qualifications

• Construction lending or management
• Experience with tax credit incentive programs such as HTC, LIHTC, or NMTC
• Knowledge of community development finance and impact investing

Benefits

• Medical, Dental, Vision Coverage
• Disability Insurance
• Retirement Savings
• Generous Holidays
• Vacation, PTO, and Sick Days
• Tuition Assistance
• Referral Program
• Professional Development Opportunities