Back to Remote jobs >
Finance / Legal
Loan Portfolio Asset Manager
@Local Initiatives Support Corporation
[Hiring] Loan Portfolio Asset Manager @Local Initiatives Support Corporation
Mar 14, 2025 - Local Initiatives Support Corporation is hiring a remote Loan Portfolio Asset Manager. 💸 Salary: $81,600 - $102,000. 📍Location: USA.
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.
Role Description
As a Loan Portfolio Asset Manager at LISC Fund Management, you'll have the opportunity to put your analytical expertise and relationship management skills to work in service of positive social change.
This role is ideal for someone who combines strong asset management skills with a passion for community development. You'll manage a diverse portfolio of mission-critical real estate and affordable housing loans, using your attention to detail and problem-solving abilities to ensure both financial performance, project completion and community impact.
- Track portfolio performance, identify potential issues, and work collaboratively with borrowers and internal teams to find solutions.
- Thrive in a collaborative environment and grow in the impact investing space.
- Contribute to creating positive change in underserved communities while building expertise in impact investing and community development finance.
Responsibilities
-
Portfolio Management (55%)
- 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.
-
Data Management and Reporting (25%)
- 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.
-
Stakeholder Engagement (20%)
- 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.
Qualifications
- 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.
- Construction lending or management, preferred.
- Experience with tax credit incentive programs such as HTC, LIHTC, or NMTC a plus.
- Knowledge of community development finance and impact investing a plus.
Benefits
- Medical, Dental, Vision Coverage: Comprehensive health plans for you and your family's well-being.
- Disability Insurance: Long-term and short-term coverage for peace of mind.
- Retirement Savings: Secure your future with our 401(k) and 403(b) plans.
- Generous Holidays: Enjoy ample time off to recharge and celebrate.
- Vacation, PTO, and Sick Days: Take advantage of flexible time-off policies to maintain work-life balance.
- Tuition Assistance: Pursue your educational goals with support from our tuition assistance program.
- Referral Program: Earn rewards for referring qualified candidates to join our team.
- Professional Development Opportunities: Grow and advance in your career with access to ongoing training and development programs tailored to your goals.
Similar Remote Jobs
More jobs at Local Initiatives Support Corporation
-
Finance / Legal $102,000-$127,500 USAMar 27, 2025
More Finance jobs
-
Finance / Legal unspecified PhilippinesApr 03, 2025
-
Finance / Legal $128,600 - $205,400 annually USAApr 03, 2025
More jobs in USA
-
Sales / Business $135,100 to $194,235 usd base salary + variable compensation USAApr 03, 2025
-
Software Development $90,000 - $125,000 plus bonus USAApr 03, 2025
Kickstart Your Job Search
Need advice to apply?
Join our free
Webinar « 3
Mistakes to Avoid When Looking For A Remote Startup Job (And What To Do Instead) »
Register for free
Unlock 54,667 additional remote jobs, advanced search & email notifications
Get Access Now
Too many emails? Declutter your inbox with Meco
Your home for reading newsletters
Try for free - no card required.
️
| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
Back to Remote jobs >
Finance / Legal
Finance / Legal
|
Salary
💸
$81,600 - $102,000
|
Remote
Location
USA
|
|
Job Type
full-time
|
Posted
Mar 14, 2025
|
️
| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
