Investment Manager

About the role

Prosper Portland, the City of Portland's economic development agency, seeks an experienced Investment Manager to oversee daily operations of Prosper Portland’s investment and lending activity, including deployment of financial resources through loan products, investment programs, credit enhancement tools, and other capital access strategies. Reporting to the Director of Capital Access, this individual leads the Investment Team, manages key institutional and community relationships, helps drive smooth, efficient loan application processing while ensuring quality underwriting standards and mission alignment. This role is ideal for a strategic, mission-driven professional who is equally comfortable building partnerships with service organizations, ensuring data-driven operations and managing fast-paced, real estate and business lending in urban communities. The Investment Manager and their team will work closely with Prosper Portland's Economic Development and the Real Estate and Community Development Teams to identify, shape and execute small business and real estate transactions. The ideal candidate will have a breadth of experience in commercial real estate and small business finance with a demonstrated base of knowledge in development principles, best practices and procedures. This person will possess excellent communication, organizational and problem-solving skills along with the creativity and willingness to exchange and encourage new ideas. The Investment Manager will be a committed leader, a culturally competent thought partner and consensus builder who can collaborate in ways that embrace Prosper Portland's values of learning, innovation, putting people first, inclusion and excellence.

Responsibilities

• Oversee daily operations of Prosper Portland’s investment and lending activity, including deployment of financial resources through loan products, investment programs, credit enhancement tools, and other capital access strategies.
• Lead the Investment Team.
• Manage key institutional and community relationships.
• Help drive smooth, efficient loan application processing while ensuring quality underwriting standards and mission alignment.
• Work closely with Prosper Portland's Economic Development and the Real Estate and Community Development Teams to identify, shape and execute small business and real estate transactions.

Requirements

• Seven years of progressively responsible experience in commercial lending, business lending, community development finance, credit administration, loan portfolio management, investment management, public finance, economic development finance, financial analysis, or equivalent experience.
• Experience must include working knowledge of business or commercial loan underwriting, credit analysis, loan servicing, loan documentation, borrower monitoring, portfolio reporting, financial modeling, and risk management practices.
• Supervisory or team leadership experience is required or must be demonstrated through equivalent experience leading projects, assigning work, managing consultants, coordinating cross-functional teams, or providing technical guidance to staff.
• Experience with public-sector lending, revolving loan funds, CDFI or community lender partnerships, SBA or similar loan programs, economic development finance, commercial affordability, small business lending, real estate-secured lending, or mission-driven investment programs is highly desirable.

Qualifications

• A bachelor’s degree in finance, accounting, business administration, public administration, economics, real estate, urban planning, public policy, or a related field is preferred.
• An equivalent combination of education, training, and experience that demonstrates the ability to perform the duties of the position may be considered.

Skills

• Extensive knowledge of commercial/corporate lending and credit standards, policies, procedures and products.
• Experience in small business and construction lending, real estate finance, loan servicing, or portfolio management.
• Strong relationship management and business development skills.
• Strong analytical and problem-solving skills.
• Excellent presentation, verbal and written communication skills.
• High attention to detail; strong ownership of data quality and documentation.