Senior Associate, Portfolio Management

Background

A future awaits us that’s
healed and whole, one
where our collective
resources are used to solve
problems and nurture life,
for all and for good.
What if we could reorient our relationship to money and
reassign its function and value in our lives? What if we
could center our connection with the people, places, and
practices that fuel our wellbeing and cultivate abundance?
We’re now called upon to be that change, to honor our
interdependence and set a course to flourish together.
Because, deep down, money shouldn’t give us meaning.
Instead, we must choose to give meaning to money.

By offering investment notes, donor advised
funds, and loans, RSF mobilizes money
toward positive change that can be felt
today, tomorrow, and on the horizon.
Today, the systems upon which we depend are functioning
exactly as designed. Our economy encourages growth at all
costs. We’re made to worship money, and its neverending
accumulation, as the key to our happiness and success.
As a result, we preserve inequities and encourage the
destruction of our natural world. Even those who want to
do good with their money are prevented by the failures of
traditional investing – the goals of which remain exclusively
profit-motivated.
Reimagining money to solve systemic problems is a
massive, complex undertaking. But dismantling the
extraordinary web of misguided norms, institutions, and
practices is why we at Regenerative Social Finance exist.
RSF steers resource wielders to circulate wealth rather than
just accumulate it, and help catalyze the shared values
and mutual benefits that will be felt today, tomorrow, and
on the horizon. And as we work to meet this moment of
consequence for our economy, society, and planet, it’s
important to reflect upon where we’ve been, what we’ve
learned, and what’s possible for our shared future.

Summary

We are seeking a highly skilled Senior Associate, Portfolio Management to join our dynamic team. The ideal candidate will be reporting directly to the VP of Credit and Risk, the Portfolio Manager (PM) is responsible for managing a portfolio of existing commercial loan clients. The Portfolio Manager is responsible for the proactive management of assigned RSF loans post-close to monitor borrower compliance, underwrite renewals, identifying areas of risk, evaluating borrowers’ long-term viability/performance and proactively mitigating potential defaults and loan loss. The role acts as the primary point of contact and key financial advisor for the assigned borrowers.

Responsibilities

Essential Duties & Responsibilities:

• Portfolio Management (60%)
• Manage a portfolio of 20-30 loans, including:
• In coordination with originating lender, serve as borrower’s primary post-close contact for monitoring, servicing, modifications and new loan requests.
• Post-close review of loan terms and conditions to verify all necessary information is in the loan systems to properly monitor ongoing compliance and key reporting and performance dates.
• Periodic collection, review and analysis of financial, impact reporting, covenant testing and monitoring and other reporting information for risk monitoring and updated risk recertification in accordance with the loan agreement.
• Periodic site visits to assess borrower’s financial health, check collateral condition where warranted and identify relationship issues and/or opportunities.
• Work with originating lender and loan servicing staff as appropriate to address compliance issues, delinquency and any required modifications to loan terms and conditions.
• Make recommendations on loan risk rating downgrades and perform analysis on collateral value and potential loan loss.
• Maintain accurate and complete loan files and support as needed requests for portfolio or borrower information.
• Implement as required RSF delinquent and troubled loan procedures and policies.
• Monitor borrower delinquencies to resolve payment problems and other borrower related issues.
• Proactively manage borrower delinquencies through meetings with borrowers; requiring, obtaining, and reviewing borrower financial and cash flow statements; and developing action plans for remedying delinquencies, with support of the VP of Credit & Risk.
• Perform data entry for Sageworks related to covenant and financial ticklers on assigned credits.
• Support maintenance of Abrigo robust tracking system for loan and collateral reporting/compliance requirements.
• Identify trends and risk issues that may impact portfolio sectors or geographies. Support portfolio reviews or stress testing.
• Perform other projects as assigned.

Underwriting (20%)

• Underwrite loan renewals or increases of existing relationships ensuring compliance with RSF Social Finance policies and procedures.
• Support Director of Credit & Risk with new business loan underwriting as assigned.
• Perform annual reviews for credit facilities in assigned portfolio and other loans as assigned.
• Recommend modifications to policies, procedures or risk rating methods to improve risk identification and mitigation.
• Utilize data analysis techniques to interpret complex financial data, identify key trends, and provide actionable insights that support decision-making in credit risk and portfolio management.

Credit Project Management (20%)

• Attend monthly Troubled Loan Committee meetings to track action items for existing troubled loans
• Test monthly borrowing base compliance on assigned loan portfolio
• Compile quarterly loan portfolio reporting for internal and external stakeholders as assigned.
• Monitor industry risks as part of portfolio management as requested.
• Provide support to credit team as needed.

RSF Social Finance is a proud equal opportunity employer supporting workforce diversity; candidates representing a variety of backgrounds are encouraged to apply.

Requirements

Compensation and Benefits

How to Apply

Please Apply on Indeed

Please mention in your Cover Letter when you apply that you found the position via Opportunity Finance Network.

Thank you!