PROGRAM MANAGER STRUCTURED FINANCE

Company: Self-Help
Location: Durham
Posted on: October 11, 2024

Job Description:

Who We Are:

Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we're committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high quality schools to grocery stores selling fresh foods resources that support opportunity at a neighborhood level regardless of demographics, income or wealth. Since our founding, we've constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies.

We are seeking a Program Manager - Structured Finance to join us in Durham, North Carolina, Charlotte, North Carolina, or Chicago, Illinois!

Position Summary:

The Program Manager will manage loan closings and operations for highly specialized federal lending programs on a commercial lending team at a community development financial institution. This role will lead processes for multi-million-dollar loan closings for structured finance programs like the New Markets Tax Credit program and the Bond Guarantee Program, with an emphasis on project management and process improvement. A high attention to detail and accuracy while managing closing checklists that are hundreds of items long is essential for success in this position. Working with the Director of Operations and Structured Finance Sector Leader, the Program Manager will manage loan closing processes, streamline workflows, and collaborate with various stakeholders to deploy funds and advance program goals. Strong organizational and project management skills, strong verbal and written communication in public settings, attention to detail, and a passion for community development are essential for success in this position.

What You'll Do:

• Project manage the loan closing process for complex, multi-million-dollar structured finance loans, from commitment letter issuance through closing.
• Lead the coordination between internal colleagues across multiple teams, external attorneys, borrowers, insurers, investors, additional lenders, government agencies and other business parties.
• Organize and track dozens of due diligence items (e.g., title and survey, environmental reports, appraisals) throughout the closing process, working with teammates and subject matter experts to ensure all requirements are met.
• Demonstrate comfort with ambiguity and the ability to make independent decisions during high-stakes and time-sensitive closing processes.
• Develop and adapt processes for structured finance programs by synthesizing feedback and inputs from multiple internal and external stakeholders.
• Utilize project management skills to create new processes and implement technological solutions that enhance operational efficiency.
• Support the roles of Director of Operations and Structured Finance Sector Leader by identifying areas for program growth and operationalizing team goals.
• Provide excellent customer service to internal and external parties during the closing process, demonstrating strong communication skills and the ability to lead teams in responding to external stakeholder needs while relying on appropriate expertise for complex financial and legal matters. What You'll Need:
  • Bachelor's degree in related field AND a minimum of 3 years of professional experience in project management, financial services, or a related field - or a combination of education and related experience.
  • Demonstrated ability to manage complex projects and coordinate multiple stakeholders.
  • Strong organizational skills with keen attention to detail.
  • Excellent written and verbal communication skills, including the ability to interact professionally with external partners and clients.
  • Proficiency in Microsoft Office Suite, particularly Excel and project management software.
  • Experience working in a team environment and ability to collaborate effectively across departments. Preference for working in organizations that place priority on teamwork and collaboration.
  • Understanding of or willingness to learn about community development finance and structured finance programs.
  • Strong commitment to our mission - creating economic opportunity for traditionally underserved communities.
    
    Compensation:
    
    Competitive nonprofit compensation, based on experience, plus a generous benefits package.
    
    If you are interested in who we are and what we do; have a strong desire to work in an organization that places a high priority on teamwork and collaboration; and are interested in working to help create economic opportunity for all - THIS is the place for you! Click the "apply now" button to apply!
    
    Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class, or family status.

Keywords: Self-Help, Wilson , PROGRAM MANAGER STRUCTURED FINANCE, Executive , Durham, North Carolina