SENIOR FINANCE/FUNDING PORTFOLIO MANAGERAbout the job SENIOR FINANCE/FUNDING PORTFOLIO MANAGERDescriptionThe Finance/credit Portfolio Manager independently manages the funding after closing, including funding monitoring, completing annual reviews, analyzing any changes in the borrower or project, proactively identifying early warning signs of trouble and implementing risk mitigation strategies, completing extension requests and modifications prior to maturity date, recommending risk ratings, and overseeing loan disbursement requests. The Senior Portfolio Manager will work with both the Lending and Finance Teams. S/he will also analyze the portfolio, identify existing and potential risks and make risk management recommendations, monitor exposures, maintain all databases containing information related to loans in the portfolio, and provide reports to CEO, CFO, the Board, and funders. Responsible for the most complex or highest risk loans.Related duties and responsibilitiesFunding MonitoringReview funding Closing Summary and send welcome letter to borrowers at funding handoff meeting post-closing, review Status Report template provided by loan Officers for clarity and conformity to commitment letter and loan documentsWith assistance of Loan Administrator, oversee completion of loan files including receipt of copies of recorded documents and final title policyMonitor compliance with credit policies covering risk management and participate in quarterly monitoring and loan loss reserve meetingsReview and recommend procedures to monitor and maintain collateral of secured loans, including insurance and property tax compliance, appraisal and reserve requirements, etc.Design forms, procedures, processes, and reports to enhance and/or automate Portfolio Management function, especially as it relates to database reporting.Collect and analyze quarterly financial reports and project status updates from borrowers,



proactively identifying early warning signs of trouble and implementing risk mitigation strategiesPerform annual reviews on each loan in the portfolio and make risk rating recommendationsMonitor payment of real estate taxes, insurance and other escrows, with assistance of LoanAdministratorMaintain database fields related to required monitoring information due from borrowers, loan specifics, payment status, and risk analysisCollect any required impact information on borrowers and projectsInterface with lead lenders or loan participants as appropriateGeneralWork cooperatively and constructively with a wide variety of peopleShare responsibility for relationship management with Loan Officers to create loyalty and repeat businessSupport and promote Loan Officers ability to procure new loans from existing borrowersBuild relationships with borrowers post-closing and encourage them to work in partnershipsProactively induce borrowers to deliver timely information when neededMeet many deadlines while managing a portfolio of loansResolve conflicts through negotiation, effectively balancing borrower needs with risk mitigationWork effectively in a team environment and actively participate in joint problem solving; willingly cooperate with co-workersMaintain flexibility and adaptability to changeListen attentively to others - ask clarifying questions to gain a better understanding of the other persons viewsPositively recognize the accomplishments of customers and co-workersCome to meetings prepared, honor work commitments,



meet deadlines Honor the private and confidential matters of co-workersCommunicate courteously and effectively with others deal with issues directly, in a respectful and timely manner, focus on resolving the issue while not criticizing the personQualificationsUndergraduate degree in business, finance, economics or accounting, advanced degree in relevant field (finance, planning, etc.) is a plusAt least 5 years of demonstrated relevant portfolio management experience in a Technology start-up or structured financial institutionKnowledge and experience with multifamily real estate finance required, community development real estate lending, especially affordable housing lending experience is a plusProficiency in analyzing complex financial statements of for-profit and nonprofit organizations and their real estate operationsAbility to create amortization schedules and cash flow spreadsheets when neededFamiliarity with business law concepts including contracts, mortgages, appraisals, loan collateral, uniform commercial code, creditors' rights and forms of business organization and sufficient knowledge to review and negotiate loan documentsKnowledge of federal and state real estate development subsidy programs that serve urban and rural areasCommitment to community development, low income communities and solid work ethicProfessional demeanor and willingness to cooperatively participate on a team in a mission based organizationSelf-starter, ability to work independently and as well as collaboratively in a small team Experience in public speaking is a plus capacity to prioritize multiple tasks to meet deadlines Detail orientedDemonstrated ability to prepare clear, accurate, well-organized written and financial reports and to communicate verbally in an effective mannerProficient in software programs not limited to CRMs, ERP systems, Email suites,

📌 Senior Finance/Funding Portfolio Manager (Vancouver)
🏢 YaaLk Technologies
📍 Vancouver