Manager, New Markets Tax Credits

NMTC Portfolio Management

• Loan Monitoring
  • Develops relationships with borrowers and conducts regular loan monitoring reviews.
  • Prepares credit reviews to assess asset and credit quality, including performance against original underwriting expectations and ongoing compliance with NMTC program requirements.
  • Makes risk analysis and risk rating recommendations to senior management.
• Construction Disbursement Management
  • Reviews and approves construction draw packages, including disbursement trackers, AIA documentation, construction monitoring site observation reports, and title reports.
  • Maintains compliance with loan documentation, loan budget, lien law, and designated timelines.
  • Monitors construction budget and timeline, taking proactive steps to ensure on-time and on-budget project delivery.
• Site Visits
  • Conducts regular site visits across a national portfolio and prepares site visit reports.
• Loan Extensions and Modifications
  • Works with borrowers to assess the necessity, feasibility, and creditworthiness of loan extensions or modifications.
  • Conducts an analysis of the credit and makes a recommendation for extension or modification terms and conditions.
• Non-performing Loans
  • Manages special attention or non-performing loans, including conducting site inspections, appraisals, borrower and project financial analyses, and monitoring compliance with loan restructure agreements.
  • Prepares monitoring reports and action plans.
• Portfolio Data Collection and Reporting
  • Collects portfolio credit data and analysis for audits and reports managed by Finance and Originations teams.
• NMTC Unwinds
  • Leads the formal unwind process for NMTC transactions, involving legal counsel, securing internal approvals, and negotiating legal documents.

NMTC Program Management

• Reporting Efforts to the CDFI Fund
  • Manages LIIF’s NMTC-related IT system and engages with CDFI Fund compliance staff.
  • Led the completion of annual transaction-level reporting to the CDFI Fund.
• Pipeline Development and Deal Closings
  • Attends industry events/conferences and assists in pipeline development for the NMTC award application.
  • Supports deal closing documentation, including NMTC compliance and Community Benefits Agreements and Multi-CDE Agreements.
• NMTC Award Application
  • Aids the NMTC and Impact Investing teams with the annual NMTC award application, collecting and analyzing community benefits information and outcome data.
• Advisory Board
  • Assists in preparing and presenting materials to the NMTC Advisory Board.

Customer Service

• Maintains a positive and professional relationship with internal associates and external customers/business partners.