Portfolio Analyst

Background

TruFund was established in 2005 as a national nonprofit organization that advances economic opportunity for people, businesses, and communities in need.  As a nonprofit, mission-driven entity, TruFund offers affordable loan capital to small businesses and nonprofit organizations that are financially viable but have difficulty accessing capital from banks or other conventional lenders.  TruFund offers more than a loan – we provide an opportunity for underserved small businesses and low-income communities to thrive.

TruFund is a Community Development Financial Institution “CDFI”. TruCapital is the structured equity investment arm of TruFund. TruCapital seeks to promote equity capitalization and access for minority and underserved communities. One way in which TruCapital is addressing racial inequality is by providing access to affordable equity capital to MWBE  developers through initiatives such as the Impact Developers Fund (IDF), a $26 million  partnership with Morgan Stanley and the Ford Foundation.   IDF identifies, evaluates and invest in promising MWBE’s nationally with a focus on affordable and mixed-income housing.

Summary

Under the direction of the Portfolio Manager, the Portfolio Analyst will be responsible for analyzing and monitoring the performance of a small business loan portfolio. Loans range from working capital loans to construction loan financing for major capital projects. Responsibilities will also include running reports for Sr. Management and for Grant applications as well as tracking concentrations in the portfolio.

Responsibilities

Primary Job Functions:

Portfolio Management

• Maintain working knowledge of loan policies and procedures.
• Work closely with the Finance department to ensure correct accounting for all loans.
• Prepare and maintain lending operations and activity reports.
• Maintain the loan portfolio management system and related databases.

• Ensure electronic and database files are kept organized, maintaining an audit trail of all closing steps.

Compliance, Research & Reporting

• Work with other staff to prepare compliance and impact reports for funders and investors.
• Work collaboratively with other departments to manage information, reporting and document preparation for various internal and external needs.
• Assist or lead ad-hoc projects as assigned that may include industry research, product development, operational efficiency, compliance and reporting systems protocol, social impact tracking development, funding applications or policy analysis.

Requirements

Education and Related Work Experience:

• Bachelor’s degree or equivalent experience required.
• Experience with portfolio management or asset management.
• Prior work-related experience and knowledge of community development lending, Small Business Administration (SBA) loans, as well as traditional and alternative loan programs is beneficial.
• Self-starter with the ability to work with limited supervision as well as collaborate with lending and market teams.
• Hands on experience working with small business owners is a plus.
• Excellent verbal, written, and interpersonal communication skills.
• Must possess the ability to meet performance goals.
• Detail–oriented individual, and ability to work independently and with a team.
• Fluency in MS Office suite (Excel, Word, PowerPoint), and analytical skills are required.
• Commitment to and experience in impact equity, real estate and or social impact investing a plus but not requirement.

Compensation and Benefits

$45,000 – $60,000 annually

How to Apply

To apply for this role please email Lynell James and Stephanie Goode at ljames@jamesgoodeassociates.com and Scgoode@jamesgoodeassociates.com.

We thank all those who apply, but only shortlisted candidates will be contacted. No calls please. Telephone inquiries will not be accepted.