| Job details | |
| Job industry : | Finance/Investment |
| Job segment : | Finance |
| Job role : | Asset/Portfolio Mgr |
| Job skill : | Proficiency with Microsoft Office applications including Word, Excel and PowerPoint |
| Position vacant : | Portfolio Manager |
| Job location : | New York, New York |
| Job details | |
| Company name : | Nonprofit Finance Fund |
| Minimum experience : | 7 years |
| Maximum experience : | 10 years |
| Job type : | Permanent |
| Gross pay : | Negotiable for the right candidate |
| Job posted : | Apr 12, 2008 |
| Job view count : | 260 |
| Job description | |
| Job description: | Nonprofit Finance Fund (NFF) is working with both funders and nonprofit organizations nationwide to change the way nonprofits are financed. The goal of this innovative thinking is to create a nonprofit sector that has the financial strength needed to provide excellent services to the community.
The Portfolio Manager is responsible for the management of all aspects of NFF’s diverse loan portfolio throughout the nation. As an important member of a close-working team of local and national professionals, the Portfolio Manager will monitor, analyze, re-evaluate and restructure loans, as well as provide client organizations with technical assistance and financial analysis. This role requires creative structuring and resourceful partnership development to succeed in meeting the financing needs of the nonprofit sector. Specific responsibilities: Loan Portfolio Management: Manage the portfolio of 200 loans to nonprofits throughout the nation. Loans are up to $2 million (average $400,000) for everything from small equipment and working capital to major capital projects. After loan approval and closing, supervise disbursements and billing and monitor the portfolio, ensuring timely evaluation of client financial condition, organization trends, collateral coverage and client’s repayment ability. Responsibilities include: managing delinquencies to an acceptable level; ensuring that risk ratings and lines of credit extensions are evaluated on a timely basis; and, restructuring and renegotiating loans when necessary. The position requires close coordination with both site management and Financial Services personnel as well as excellent client management skills. Communication and Reporting: Communicate to Financial Services and other staff about the quality of the portfolio, and portfolio trends. Prepare and assist in preparation of reports for both external and internal purposes. Technical Assistance: Monitor and proactively work with loan portfolio clients to evaluate their overall financial health and improve performance. Identify appropriate financial solutions which meet client needs and protect NFF’s capital. Risk Management: Contribute to the development and refinement of NFF’s procedures and policies to enhance efficiency and minimize credit and operational risk. Participate in setting adequate loan loss reserves. Internal and External Relations: Maintain a culture of quality customer service at all points of contact with NFF clients, Financial Services team, the outsourced loan servicer and other staff and professionals As needed, cultivate relationships with banks and other local financial intermediaries who are lending partners and represent NFF in public forums. |
| Req. candidate profile : | Qualifications:
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| How to apply : | Register to view |
| Third party mediation allowed : | No |
| Telecommute : | No |
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