Asset Management Analyst

Asset Management Analyst

Are you passionate about optimizing asset performance and ensuring seamless management? We seek a dynamic Asset Management Coordinator/Analyst to join our client’s innovative team. 

National Community Investment Fund (NCIF; www.ncif.org) is a nonprofit Community Development Financial Institution (CDFI) formed in 1996 to increase access to responsible financial products and services in underserved communities. The total assets under management at NCIF are approximately

$226 million, including $166 million outstanding New Markets Tax Credits (NMTC) deployments allocations. In 2019, NCIF launched a $30 million Credit Strategies Fund for lending and is raising another $15-$20 million of debt capital to support growth and impact. NCIF achieves its mission via three complementary business lines:

• Equity Investing in mission-oriented Certified Development Financial Institutions (CDFI), Minority Depository Institutions (MDIs), and Mission-Oriented Financial Institutions (MOFIs) as agents of change across the US and its territories. These can be banks, non-banks, and large corporates acting as community anchors. NCIF is the largest investor in the CDFI banking industry, with investments in ~10% of all certified CDFI Banks. We are exploring to make strategic investments in corporations that reduce climate change.
• New Markets Tax Credits: Since 2003, NCIF has received over $401 million in NMTC allocations that are being deployed into real estate, operating companies, health care facilities, schools, other nonprofit, and for-profit impact-oriented businesses in partnership with local CDFI institutions; and
• Lending: NCIF makes loans in partnership with CDFIs, MDIs, and MOFIs to enhance the impact of projects that benefit underserved communities.
• Impact measurement is the foundation of NCIF’s work and supports all our business lines. NCIF pioneered Social Performance Metrics (www.bankimpact.org) and is developing a cloud-based core data platform to support data analytics.

Best-in-Class Benefits and Perks:

We value our employees’ time and efforts. Our commitment to your success is enhanced by a competitive compensation of $55,000-$70,000, depending on experience, and an extensive benefits package including:

• Comprehensive health coverage: Medical, dental, and vision insurance provided
• Robust retirement planning: 401(k) plan available with employer matching
• Financial security: Life and disability insurance for added protection
• Flexible financial options: Health savings and flexible spending accounts offered
• Well-being and work-life balance: Paid time off, flexible schedule, and remote work choices provided

Plus, we work to maintain the best environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where everyone feels encouraged to contribute to our processes, decisions, planning, and culture.

As an Asset Management Coordinator/Analyst, you will work in the portfolio and compliance management department and support asset management, compliance, and reporting in lending and NMTC.

To thrive, you should have:

• Commitment to improving the lives of individuals in underserved communities.
• Bachelor’s degree in Business, Accounting, Finance, or equivalent experience.
• 1-4 years in accounting, finance, asset management, or real estate; familiarity with CDFI, NMTC, or lending compliance is a plus.
• Proficiency in MS Office, especially MS Excel, with strong attention to detail and analytical skills.
• Ability to manage multiple projects, provide compliance support, and effectively communicate with diverse stakeholders.

Your responsibilities as the Asset Management Coordinator/Analyst will include:

• Portfolio Monitoring: Oversee loan/investment terms, including payments, covenants, compliance, and impact reporting.
• Loan Review & Documentation: Assist in annual loan reviews, maintain records, and handle due diligence items such as appraisals and environmental reports.
• Market Analysis: Conduct market research and analyze economic activity, including property rents, sales, and operating costs.
• Construction Loan Administration: Process and maintain files for draw requests, evaluate funding requests and ensure compliance with construction loan procedures.
• Compliance & Reporting: Support internal and external reporting, create loan and investment reports, and conduct file audits.
• Data Management: Input and manage data in loan and construction loan management systems and handle title updates and disbursements.

NCIF is an equal opportunity employer and provides equal treatment and opportunity to all persons regardless of race, color, religion, national origin, sex, age, disability, veteran status, or sexual orientation, except where such distinction is required by law.