[Remote] Portfolio Loan Associate
Note: The job is a remote job and is open to candidates in USA. Capital Impact Partners is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. The Portfolio Loan Associate is responsible for supporting Portfolio Loan Officers with asset management duties, including conducting loan reviews and financial analysis, while also participating in lending-related meetings and site visits with borrowers.
Responsibilities
- Support Portfolio Loan Officers with asset management duties that consist of completing annual loan reviews, and loan financial spreading
- Complete annual loan reviews for defaulted and outstanding reviews which includes detailed analysis of borrowers financial and operational performance, economic impacts, risk assessments as well as compliance testing of financial covenants in accordance with loan documents & credit guidelines
- Work collaboratively with Portfolio Loan Officers, draft and manage borrower questions and responses in order to complete loan reviews
- Learn Capital Impact's various sectors and geographies via ongoing participation in lending related meetings including weekly triage meetings, monthly team meetings, quarterly risk meetings, and any trainings as assigned
- Accompany Portfolio Loan Officers on site visits and participate in discussions with borrowers
- Be proficient with loan documentation and Capital Impact's asset management processes and systems for managing a loan from closing to loan repayment
- Assist with other projects as assigned
Skills
- High School Diploma or equivalent education; 1 or more years of experience in a related field
- Excellent internal and external customer service skills
- Strong attention to detail, analytical, critical thinking and organization skills
- Experience prioritizing and managing multiple assignments and meeting tight deadlines
- Able to work in a team atmosphere where his or her manager may not work in the same office
- Proficient in Microsoft Word, Excel, Google Suite. Willingness to learn specific software programs
- Experience in a Community Development Financial Institution or commercial lending institution
Benefits
- May be eligible for an annual discretionary incentive
- This role is eligible to work remotely
Company Overview