Overview
We are seeking a dynamic, mission‑aligned professional who brings intellectual curiosity, strong analytical instincts, and a commitment to excellence. The ideal candidate is a critical thinker and fast learner who thrives in a detail‑rich environment and can confidently navigate complex financial and operational challenges.
Success in this role requires someone who is a natural problem‑solver, highly detail oriented, and exceptionally strong in client‑facing communication. This individual should be energized by building relationships with borrowers, collaborating across teams, and advancing the organization’s mission through thoughtful, proactive asset management.
A genuine connection to mission—particularly in community development, affordable housing, or impact‑driven finance—is essential, as this role directly supports projects and partners working to strengthen communities.
Duties
· Underwrite modification, workout and restructure proposals in consultation with staff and borrowers, and present credit proposals to board committees
· Conduct borrower reviews. Perform analysis of the financial, management and development capacity of borrowers
· Review, monitor, and approve construction draw budgets/scopes of work. Review draw packages, including Owner’s & GC’s Sworn Statements, Invoices, and Lien Waivers. Utilize construction escrow accounts to disburse funds to under-construction developments
· Conduct and document physical inspections of project sites and collateral real estate.
· Review and analyze third party reports such as appraisals, environmental assessments, surveys, title commitments, and market studies. Provide periodic valuation and analysis of the collateral securing the portfolio
· Assist with social impact reporting and technology needed to provide quality reports
· Assist with receivable collections, assist with invoicing and other servicing activities
· Initiate appropriate follow up and monitoring actions for non-performing and at-risk borrowers, including technical assistance needs
· Assist with routine compliance monitoring for existing portfolio, including financial statements, project reports, take-out financing status, legal and general borrower status
· Assist with all aspects of the loan payoff process including receipt of payment, release of security documents, notifications and refunds to borrowers, credit file documentation and transfer, and all internal processing tasks
· Provide technical assistance to borrowers
Experience
- 3-5 years previous asset or portfolio management experience with a financial institution
- Previous financial and project analysis experience
- Previous work experience in community development, real estate lending or asset management
- Working knowledge of the community, economic, and affordable housing development industry
- Ability to perform financial and project analyses
- Strong mathematical skills
- A keen attention to details
- A proficiency with Microsoft Office software
- Strong oral and written communication skills, with a customer-oriented mindset
- Ability to work successfully with a diverse range of community-based groups
- Ability to organize and handle multiple priorities simultaneously
- Demonstrated project management and problem-solving abilities
- Ability to work effectively in a teamwork environment
- Working knowledge of the Metro Chicago area
- Bachelor’s degree in business, real estate, economics, urban planning or a related field.
Pay: $62,520.00 - $78,150.00 per year
Benefits:
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Retirement plan
- Vision insurance
People with a criminal record are encouraged to apply
Work Location: Hybrid remote in Chicago, IL 60602
