Portfolio Loan Officer

About the Organization 

Capital Impact Partners is now part of the Momentus Capital Family of Organizations which includes Capital Impact Partners and CDC Small Business Finance. Together, we work to ensure local leaders and communities have equitable access to the capital & opportunities they deserve. With a mission rooted in social impact, we support locally led solutions through our continuum of lending, impact investments, training programs, & technology programs. By joining our team, you will play a key role in how Momentus Capital is transforming the financial sector to help communities build health & generational wealth.

Position Summary

The Portfolio Loan Officer is responsible for representing Capital Impact in its lending in underserved communities, focusing particularly on our long history of working with charter schools and community-based health care organizations and others. This position reports to the Director, Portfolio & Asset Management and can be based near any of our offices in Arlington, VA, New York, NY, Detroit, MI, Oakland, CA, or Austin, TX.

Essential Responsibilities

·       Manage the credit quality and earning capacity of the loans within their portfolio according to credit policies and guidelines.

·       Analyze financial statements and spreads to identify credit strengths and risks.

·       Prepare annual reviewsfor each assigned loan to determine overall asset quality.

·       Monitor and determine upgrades or downgrades to loan risk ratings.

·       Prepare credit memos for loan modifications and covenant waivers within a timely manner.

·       Develop strong relationships with existing customers, other financial intermediaries and Community Development Financial Institutions (CDFIs).

·       Refer additional lending opportunities to originations team.

·       Collaborate closely with all lending staff to ensure excellent customer service.

·       High School Diploma or equivalent with 6 years of experience in a related field, or Bachelor’s degree in Accounting, Finance or other relevant fields with a minimum of 2 years’ professional work experience in commercial underwriting or loan portfolio/asset management. Completed coursework or training in credit risk management is strongly preferred. Education level will be considered on a holistic basis considering both education and work experience.

·       Working knowledge of business lending products, services, and commercial credit.

·       Demonstrated financial analysis ability and excellent communication skills.

·       Strong written and organizational skills, detail-oriented and a self-starter.

·       Possess sufficient credit skills to conduct risk assessment and manage a portfolio.

·       Prior experience providing credit to or managing loans to health care, education, CDFIs and/or affordable housing organizations is a plus.

·       Knowledge of New Markets Tax Credits (NMTC) and CDFIs is preferred.

Proficiency with Microsoft Office (particularly Word, Excel, and Power Point) and the ability to learn specific customer management software and related programs.

The salary range for this position is $80,573 -$107,566 and is eligible for an annual incentive.

This role is eligible to work remotely.

All employees must be legally authorized to work in the United States. The Company will not sponsor applicants for work visas.

EEO: Momentus Capital is an equal opportunity employer committed to a diverse work force; and, as such, is fully committed to providing employment for qualified individuals, free from discrimination on the basis of race, color, religion, sex, age, sexual orientation, gender identity, national origin, disability, marital status, pregnancy, childbirth or related medical conditions, or any other protected characteristic established by applicable law.