LISC National
Who We Are

Careers
 

Analyst

Reporting to: Fund Manager

The Analyst will help develop and maintain financial models of investment funds on behalf of NMSC and its clients. They will manage the closing process and integration of new investments into investment fund models. They will also monitor fund performance and track reporting requirements along with completing ad hoc financial analysis for management.

Key responsibilities include:

  • Structure financial models for investment funds of various product offerings including a mixture of debt, equity, and New Markets Tax Credits (NMTCs)
  • Maintain investment fund models, assist in managing and monitoring fund performance, and adhere to financial reporting compliance with fund agreements
  • Assist in the closing of new investments and developing three-statement financial models for investments
  • Responsible for organizing investment pipeline and due diligence
  • Comprehend and adhere to programmatic compliance rules for the New Markets Tax Credit program                                                       
  • Track and compile reporting for investment funds
  • Perform ad hoc financial analysis, due diligence, and work as assigned

Desired qualifications:

  • Undergraduate or graduate degree in finance, accounting, economics, or related field
  • 0-2 years of financial modeling experience
  • Ability to create three-statement financial models for investments
  • Broad knowledge of financial markets
  • Enthusiastic about structured finance and/or public-private investing
  • Highly organized with the ability to work independently and manage multiple projects simultaneously                                                                                                                       
  • Strong analytical skills and proficiency in Microsoft Excel       
  • Strong interpersonal skills with the ability to work well in a dynamic team environment         
  • Self-motivated individual driven with the desire to take on leadership roles

We offer a competitive salary, along with a comprehensive benefits package. Please submit your resume via e-mail to Brent Kuennen at bkuennen@newmarkets.org

NEF/NMSC IS AN EQUAL OPPORTUNITY EMPLOYER


Lending & Investing Analyst

We are seeking a Lending & Investing Analyst. The Lending & Investing Analyst will monitor and evaluate the financial, operational, community impact and compliance performance of potential and existing borrowers.

Essential duties:

  • Spread, analyze and review financial statements (including audited/compiled/reviewed statement, corporate and/or personal tax returns, personal financial statements, credit bureau reports, projections, etc.) on existing loan portfolio and related potential borrowers
  • Establish and maintain relationships with borrowers to ensure reporting, covenants and NMTC requirements required per loan documents are understood by appropriate borrower contacts
  • Build rapport with and provide technical assistance to borrowers to ensure they will meet NMSC’s expectations and remain in compliance with NMTC program requirements
  • Collect and review all required reporting from borrowers to ensure compliance with loan agreement and requirements
  • Assist with writing credit memorandums, consisting of a thorough and objective analysis
  • Provide and recommend credit risk ratings consistent with the organization’s credit guidelines and/or loan policy
  • Assist with restructuring/liquidation of distressed assets
  • Collect, enter, evaluate and present borrower social impact, compliance and financial data
  • Maintain database information integrity as it relates to financial data and reporting, construction updates and other project information
  • Oversee credit review and processing of multi-draw debt transactions (e.g. construction draws)

Desired qualifications:

  • Bachelor’s degree or equivalent; Accounting, finance business administration or economics preferred
  • Minimum of 1-3 years of experience in credit, financial or other quantitative analysis
  • Strong analytical and practical problem-solving skills, with strong attention to detail
  • Demonstrated oral and written presentation skills
  • Strong working knowledge of Microsoft Excel
  • Ability to work in a team-based environment, on multiple projects simultaneously, managing time and resources to complete tasks efficiently and within established timeframes
  • Ability and willingness to travel as required   

Desired knowledge, skills and abilities:

  • Formal bank credit training or other credit experience preferred
  • General knowledge of New Markets Tax Credit transactions
  • Knowledge of cash flow lending for private equity backed acquisitions
  • Familiarity with loan documentation for commercial/industrial and commercial real estate transactions

We offer a competitive salary, along with a comprehensive benefits package. Submit resume and cover letter with salary requirements to rhall@nefinc.org.

NEF/NMSC IS AN EQUAL OPPORTUNITY EMPLOYER

 


Lending & Investing Associate

We are seeking a Lending & Investing Associate. The Lending & Investing Associate underwrites and closes commercial real estate loans, lower middle market working capital loans, acquisition loans and other commercial loans. The Associate is also responsible for evaluating and monitoring the financial, operational, community impact and compliance performance of potential and existing borrowers.  

Essential duties:

  • Prepare written credit memorandums consisting of a thorough and objective analysis of the following: Current level of and future potential for positive community impact, financial condition and credit worthiness of prospective borrowers andrisks and offsetting mitigants
  • Transaction structuring for New Market Tax Credit projects: Perform initial NMTC qualification screening, review pre-closing financial model and legal documents, review pre-closing construction budgets, supervise outside counsel and other third parties to ensure timely transaction close, supervise post-closing review of construction draw requests received from borrowers, the disbursement of construction proceeds and the funding and utilization of transaction reserves
  • Provide technical assistance to borrowers to ensure continuous receipt of reliable information, especially as it pertains to project performance and compliance reporting, which has a direct impact on NMSC’s ability to deliver and report to investors
  • Spread, analyze and review financial statements (including audited/compiled/reviewed statement, corporate and/or personal tax returns, personal financial statements, credit bureau reports, projections, etc.) on existing loan portfolio and related potential borrowers of diversified loan types
  • Provide and recommend credit risk ratings consistent with the organization’s credit guidelines and/or loan policy
  • Periodic update calls with borrowers as necessary and/or as dictated by NMSC’s portfolio monitoring policy
  • Assist with restructuring/liquidation of distressed assets

Desired qualifications:

  • Bachelor’s degree or equivalent; Accounting, finance business administration or economics preferred
  • Minimum of 3-5 years working in credit analysis and/or commercial underwriting with experience overseeing deal process from underwriting through closing
  • Strong analytical and practical problem-solving skills, with strong attention to detail
  • Demonstrated oral and written presentation skills
  • Strong working knowledge of Microsoft Excel
  • Ability to work in a team-based environment, on multiple projects simultaneously, managing time and resources to complete work efficiently and within given timeframes
  • Ability and willingness to travel as required    

Desired knowledge, skills and abilities:

  • Graduate degree in business or related field, CFA, or equivalent professional experience
  • General knowledge of New Markets Tax Credit transactions
  • Supervisory experience
  • General knowledge of cash flow lending for private equity backed acquisitions
  • Familiarity with loan documentation for C&I and CRE transactions

We offer a competitive salary, along with a comprehensive benefits package. Submit resume and cover letter with salary requirements via e-mail to rhall@nefinc.org.

NEF/NMSC IS AN EQUAL OPPORTUNITY EMPLOYER