Our Model

Team

Elise Balboni, Senior Vice President for Lending

Elise oversees LISC’s loan origination and asset management functions. A long-time LISCer, Elise started our charter school financing unit in 2003 and has dedicated her career to creating, structuring and monitoring new financial products to serve low-income communities nationwide. Elise has a B.A. from Harvard and a M.B.A. from Stanford. A native of Massachusetts, Elise is a wicked Boston sports fan. But living in New York City, that's not easy.

Connie Max, Vice President & Chief Credit Officer

Connie directs the development and implementation of credit policies and investment products. She ensures the underwriting, structuring, documentation and management of investments complies with LISC’s programmatic, financial and risk criteria. Connie has over 25 years' experience in international and national community development, with a focus on extending credit in difficult to finance areas. She has both a B.S. and a Master's in Business Administration. Connie has successfully passed driver’s license exams in multiple countries, in multiple vehicles and in multiple languages–from a motorcycle in Costa Rica to a stick shift in Central Asia to learning the left side of the road in the UK.

Mary Kursar, Director of Asset Management

Mary is responsible for the supervision of the management of LISC’s closed and funded or partially-funded portfolio. Mary’s duties include analyzing and monitoring the outstanding portfolio as well as restructuring and managing nonperforming assets. Mary holds a B.A. and M.S. in Real Estate Finance from NYU. Mary is a self-professed tech geek who has never met an Apple product she didn’t buy. 

Malini Nayar, Director of Pay for Success and Business Development

Malini works with LISC staff, bankers, foundations staff and others to develop and implement new financial products and strategies and to secure financing resources. Malini also oversees LISC’s Pay for Success work. Malini has a M.A. in Public Policy from Carnegie Mellon and over nine years of experience in the community development finance industry. Malini loves running and is training for her first marathon in 2017.

Ginny Tranchik, Director, LISC Institute of Comprehensive Community Development

Ginny has a deep background in providing trainings and technical assistance within and outside of LISC. She offers guidance and technical assistance to program staff in assessing and improving the financial position of organizations supported by LISC. Ginny graduated from Barnard College and also has a M.A. in nonpofit management from the New School. After a long week dealing with LISC staff, Ginny enjoys relaxing with a good bottle of wine and her beautiful, quiet cats.

Terry Gillen, Director, Pay For Success

Terry is responsible for coordinating the work of LISC’s Pay for Success team. Prior to joining LISC, Terry worked for the City of Philadelphia, as director of the Office of Federal Affairs and as executive director of the Redevelopment Authority.  She also served as policy director for the Pennsylvania Department of Community and Economic Development.

Anna Smukowski, Program Manager, Pay for Success

Anna manages the delivery of services for LISC’s Pay for Success initiative. Her duties include project management, financial modeling and stakeholder facilitation for the individual Pay for Success projects LISC selects through an open competition—moving transactions from feasibility to implementation. Anna holds a B.S. in Finance and Economics from NYU. In her spare time, she likes to sail—that is, when she's not off running marathons in cities across the country.

Brysan Brown, Program Associate, Pay for Success

Brysan supports the delivery of services for LISC’s Pay for Success initiative, splitting his time between compliance, grant management, and the launch of the open competition and transaction structuring services. He holds a B.A. in Political Science from Syracuse University. When he’s not rooting on his beloved Mets, he’s exploring the cheap eats of NYC.

Amanda Ikard, Credit Officer

Amanda works with LISC staff to structure and analyze credit to ensure compliance with LISC’s underwriting standards. She offers assistance to those who need additional resources during the credit process and evaluates the risk of loans at origination. Amanda graduated with a B.A. in English and Mathematics from Boston College. She enjoys spending her days tucked away in a coffee shop lost in a good book, or summiting the peaks of mountain tops throughout the world.

Ben Anderson, Loan Monitoring Officer

Ben supports local and national LISC programs with the ongoing performance of the loan portfolio. His daily activities include analyzing financial performance, ensuring data quality and assisting staff with restructuring loans. Ben has a B.S. from Boston University and dual-M.A. from The American University and the University of Peace in Costa Rica. Since leaving home for college, Ben has lived in too many places to count.