Manager, Portfolio Management

Position

Reports to:

Senior Director, Portfolio Management Suite: Credit Risk and Loan Administration Department: Portfolio Management Location: Fully US-based remote; must reside within commutable distance to an NFF office (Boston, Los Angeles, New York, Oakland, Philadelphia).
Salary Range: $99,500 - $110,600

Nonprofit Finance Fund® (NFF®) is a nonprofit lender, consultant, and advocate. For more than 40 years we have helped organizations access the money and resources they need to realize their communities’ aspirations. Alongside others we’re working to build community wealth and well‑being and put affordable housing, essential services, quality jobs, and excellent education within reach of more people. At NFF, we envision a world of shared prosperity, where communities have the capital, community assets, knowledge, and agency to thrive.

Nonprofit Finance Fund is looking for a talented and mission‑driven Manager, Portfolio Management who specializes in commercial loans to support our Portfolio Management team in the post‑closing relationship management of NFF’s borrowers. The Portfolio Management team serves as the client point of contact once the loan has closed and is responsible for payment performance, compliance monitoring, annual review, financial analysis, and risk mitigation.

Portfolio Managers manage a broad array of loans and enable NFF to identify and resolve performance‑related concerns. The Portfolio Management team also measures and presents lending business insights, credit risk, and performance metrics. This role offers a unique opportunity to work hands‑on with our borrowers and leverage analytical skills to drive meaningful and lasting change in the communities we serve.

NFF is a remote‑first organization with offices in Boston, New York, Philadelphia, Oakland, and Los Angeles. This is a US‑based remote role, with a strong preference for candidates within commutable distance to one of NFF’soffices. NFF has core business hours where we expect all staff to be available from 9:00 am to 5:00 pm local time, and occasional travel (20%) is required.

Essential responsibilities for this role include, but are not limited to:

• Oversee the performance of assigned loan portfolios and asset classes
• Analyze portfolio trends and identify emerging risks by evaluating payment performance, borrower financial ratios, pricing, economic conditions, and other relevant indicators
• Prepare quarterly loan impairment analyses for troubled loans within the assigned portfolio
• Produce annual portfolio reviews that surface trends, assess risk, and keep internal stakeholders informed of performance and concerns
• Deliver consistent, accurate financial and risk analyses during key loan events, including annual reviews, modifications, extensions, and defaults

Relationship Management & Customer Service (35%)

• Deliver high‑quality, responsive customer service across all borrower interactions, including answering questions and advising on loan transactions
• Serve as the primary post‑closing relationship manager for NFF borrowers
• Proactively follow up with borrowers regarding covenant compliance, performance concerns, or other post‑closing issues

Compliance, Documentation & Workout Management (20%)

• Manage loan covenant compliance, including financial statement collection, periodic compliance testing, and borrower follow‑up related to covenant violations
• Prepare loan documentation to implement approved changes or coordinate with legal counsel to ensure timely and accurate execution
• Analyze loan issues and propose solutions, clearly articulating risks and tradeoffs in formal credit memoranda
• Develop and support loan workout plans under the direction of the Senior Director and Chief Credit Officer, ensuring adherence to approved strategies

Meetings and Other Duties As Assigned (10%)

• Attend internal and external meetings as needed
• As work and community/client needs change, assignments, projects, and job duties will be assigned and may change

• Minimum of five (5) years of professional Portfolio and/or Asset Management experience with financial…