Manager, New Markets Tax Credits

NMTC Portfolio Management

• Loan Monitoring
  • Develops relationships with borrowers and conducts regular loan monitoring reviews.
  • Prepares credit reviews for each loan on a regular schedule.
  • Evaluates borrower/sponsor financial condition and operating performance.
  • Analyzes project status reports, covenants, and compliance.
  • Makes risk rating recommendations based on data analysis.
• Construction Disbursement Management
  • Reviews and approves construction draw packages.
  • Ensures compliance with loan documentation, budget, and timelines.
  • Takes proactive steps to support on-time project delivery.
• Site Visits
  • Conducts regular site visits across the portfolio.
  • Prepares site visit reports.
• Loan Extensions and Modifications
  • Assesses necessity, feasibility, and creditworthiness of extensions or modifications.
  • Conducts analysis and makes recommendations for extension or modification terms.
• Non-performing Loans
  • Manages special attention or non-performing loans.
  • Conducts site inspections, appraisals, and borrower/project financial analyses.
  • Participates in loan restructuring strategies and compliance monitoring.
• Portfolio Data Collection and Reporting
  • Collects and analyzes portfolio credit data for audits and reports.
• NMTC Unwinds
  • Leads the formal unwind process for NMTC transactions.
  • Collaborates with legal counsel to structure and negotiate unwind documents.
• NMTC Transaction-level Activities
  • Led reporting efforts to the CDFI Fund.
  • Engages with CDFI Fund compliance staff.
  • Supports the NMTC and Impact Investing teams.
  • Assists with preparing and presenting materials to the NMTC Advisory Board.
• Customer Service
  • Maintains positive relationships with internal and external associates.
  • Responds promptly to requests in a professional manner.

Skills Required

• Experience in real estate and business lending.
• Proficiency in financial statement analysis and covenant compliance.
• Experience with New Markets Tax Credits transactions.
• Familiarity with business law concepts.
• Microsoft Office Suite proficiency.

Education & Requirements

• Bachelor’s degree required; advanced degree preferred.
• Demonstrated self-motivation, dedication, creativity, and perseverance.
• Strong teamwork, collaboration, and time management skills.
• Willingness to travel across LIIF’s national locations.
• Valid driver’s license required.