Asset Management Team Lead - CDLI

About the Business

Key Community Development Lending and Investments (CDLI) provides investment dollars for affordable housing and community development projects across all 50 states via direct and indirect debt and equity investments. CDLI helps affordable housing owner-operators and developers by moving complicated deals over the finish line. We also assist in assembling innovative and complex financing with multiple for-profit, nonprofit, and government entities. Helping communities thrive is our mission.

About the Job

Community Development Lending and Investments (CDLI) is seeking a self-starting manager to play a critical role in supporting affordable housing and community development. This role reports to the National Manager of Asset Management and collaborates with other Team Leaders and the broader line of business including Underwriting, Relationship Managers, Service Officers, Credit, Senior Management, and more while directly managing a team of Analysts and Asset Managers covering portfolios of community development loans.

Essential Job Functions

• Proactively manage a team to maximize profitability and ensure strong asset quality and risk management through consistent and timely identification and resolution of issues as well as accurate assessment and assignment of risk ratings.
• Manage, develop, and train Analysts and Asset Managers through providing work product review, guidance, support, and coaching. Includes continuous talent development by identifying, challenging, and leveraging the core strengths of team members.
• Set clear goals and expectations of the team's performance while monitoring and ensuring performance and accountability.
• Serve as a trusted advisor to clients, prospects, and team. Establish strong credibility with internal and external stakeholders based on sound judgement and accurate and timely information sharing and reporting. Share constructive and regular feedback with teammates and stakeholders.
• Ensure compliance with risk rating standards, credit policies, and procedures to ensure effective internal and external reviews.
• Develop and lead initiatives to improve data integrity, portfolio management, and risk management processes and procedures with a focus on process improvements and efficiencies.
• Take an active and visible leadership role internally as well as externally in the community and industry.

Required Qualifications

• Bachelor’s degree in business, accounting, finance, or a related field and 7 to 10 years of relevant experience.
• Strong understanding of and aptitude with technology, data management, and risk management.
• Demonstrated ability to lead through coaching and champion a successful team.
• Demonstrated ability to communicate effectively in both written and verbal communication.
• Demonstrated technical expertise in the area of Low Income Housing Tax Credit and multifamily real estate lending.

Prior to Qualifications

• Advanced college degree (MBA preferred) and 10+ years of direct experience.
• Recognition as a community development lending industry expert.

Compensation and Benefits

This position is eligible to earn a base salary in the range of $116,000.00 - $216,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience, and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives. Please click here for a list of benefits for which this position is eligible.