Manager, Portfolio Management

Position Overview

Nonprofit Finance Fund is seeking a talented and mission-driven Manager, Portfolio Management who specializes in commercial loans to support the post‑closing relationship management of borrowers. In this role you will oversee portfolio performance, conduct financial and risk analysis, manage borrower relationships, and ensure compliance while working remotely with occasional travel.

Location: Fully US-based remote; must reside within commutable distance to an NFF office (Boston, Los Angeles, New York, Oakland, Philadelphia).
Salary: $99,500 - $110,600

Key Responsibilities

• Oversee the performance of assigned loan portfolios and asset classes.
• Analyze portfolio trends and identify emerging risks by evaluating payment performance, borrower financial ratios, pricing, economic conditions, and other relevant indicators.
• Prepare quarterly loan impairment analyses for troubled loans within the assigned portfolio.
• Produce annual portfolio reviews that surface trends, assess risk, and keep internal stakeholders informed of performance and concerns.
• Deliver consistent, accurate financial and risk analyses during key loan events, including annual reviews, modifications, extensions, and defaults.
• Provide high-quality, responsive customer service in all borrower interactions and serve as the primary post‑closing relationship manager.
• Proactively follow up with borrowers regarding covenant compliance, performance concerns, and other post‑closing issues.
• Manage loan covenant compliance activities including financial statement collection, periodic testing, and borrower follow‑up.
• Prepare and coordinate loan documentation changes with legal counsel as needed.
• Analyze loan issues and propose solutions by clearly articulating risks and tradeoffs in formal credit memoranda.
• Develop and support loan workout plans under the direction of senior leadership to ensure adherence to approved strategies.
• Attend internal and external meetings as needed and adapt to changing assignments and priorities based on community and client needs.

Required Qualifications

• Minimum of five (5) years of professional Portfolio and/or Asset Management experience with financial analysis expertise in Financial Services, Commercial Real Estate, or related fields.
• Formal Commercial Credit training from a recognized bank or institution.
• A Education: Bachelor's degree in Accounting, Finance, Economics or a closely related field, or an equivalent combination of education and relevant experience within commercial banking and/or lending.
• Proficient in creating and communicating credit, investment, or real estate analysis through formal writing and oral presentations to various stakeholders.
• Skilled in synthesizing information, organizing logical arguments, and summarizing key points.
• Advanced knowledge of Excel for financial analysis and modeling.
• Experience analyzing complex financial statements and tax returns.
• Ability to interpret legal documents such as leases, mortgage notes, and contracts.
• Experience in reviewing construction budgets, project plans, appraisals, inspection reports, and other real estate documentation.
• Strong ability to draw conclusions from financial and market data to make sound loan management recommendations.
• Comfortable interfacing data between various software applications including Salesforce and Microsoft Office.

Preferred Qualifications

• Commitment to NFF's values and mission.
• Experience working with communities affected by historical disinvestment.
• Familiarity with affordable housing subsidy programs, historic tax credit programs, and other economic development tools.
• A learning orientation with a commitment to continuous improvement and advancing equity in lending practices.
• Ability to work proactively, independently, and effectively in a remote environment while building strong relationships across geographies and time zones.
• Willingness to collaborate with a dynamic and mission-driven team.
• Strong time management and organizational skills with the ability to manage multiple priorities and deadlines in a fast-paced environment.

Benefits & Perks

• Up to twenty (20) paid holidays/business closure days and three (3) floating holidays.
• Unlimited flexible time off.
• Group medical insurance with a funded health reimbursement account.
• Dental and vision plans.
• Life insurance and disability plans.
• A retirement plan with a non-elective employer contribution (4%) plus additional match contribution (2%).
• A "work from home" fund and flexible spending accounts for health, dependent care, and commuter costs.
• Compensation: The role is exempt, full-time with an annual salary range of $99,500 - $110,600 based on background, experience, and internal equity.