| Location: |
VA-Arlington
Mid-Atlantic (DE, DC, MD, NJ, NY, PA, VA & WV) |
| Salary Range: |
95000-110000 |
| Bonus & Incentives: |
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| Position Responsibilities: |
Responsibilities:
Primary contact for investor payments and remittances-process all investor cash calls and sales process of loans
Control, review and analyze all investor loan activity
Ensure compliance with all USAP requirements
Prepare all investor custodial (P&I, T&I) accounts
Reconciliation of Balance Sheets
Assist with and advise on structuring of new programs
Review and interpret documents for managed loans and programs
Collaborate with Loan Accounting Department
Prepare, review and distribute all management and third party reports of managed loans and programs
Keep accurate records and files of all reporting information
Report directly to and assist Controller and CFO
Cultural Fit:
Strong desire to learn, quick study, mission-oriented, passion for mission
Capacity to manage others
Works autonomously
Team-Oriented
Values work experience-not just a paycheck
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| Education and Certifications/Licenses: |
Bachelors |
| Mandatory Minimum Qualifications: |
Must have at least 5 years of loan accounting/investor management experience. Prefer experience with New Markets Tax Credits program. |
| Preferred Qualifications: |
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| Additional Comments: |
This organization is a dynamic organization and non-profit lending arm of local bank. With a strong commitment and dedication to the low income and underserved market, this organization has provided innovative and technical assistance for these communities across the country for the last 25 years. Since 1998, they have financed over $1.3B in loans and disbursements in order to create sound, attainable financing for America’s underserved communities.
Their mission is to provide solutions, based on cooperative principles, which empower underserved communities to address the problems poverty creates in America.
The core values of this organization and mission include: cooperation, innovation, leadership, commitment, trust, and diversity. Together with the right leadership to implement these values and this mission, this organization has become a leader in community development finance.
They focus on affordable cooperative housing, affordable assisted living, access to quality health care, choices for decent education, jobs, and economic development.
In this role, we are looking for an individual to focus on investor accounting and compliance, with a familiarity in New Markets Tax Credits. If you have BA/BS degree, at least 5 years of relevant work experience in loan accounting, lending/servicing operations, and compliance with exposure to the New Markets Tax Credit Program, please inquire with Stephanie Maas, 615-316-5461, smaas@thinkingahead.com. Passion and commitment to mission a must!
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| Benefits: |
Full Benefits
|
| Overnight Travel: |
No Required Travel |
| Relocation Assistance: |
Yes |
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