Vice President Senior Portfolio Manager

Description

The VP, Senior Portfolio Management, leads the oversight, monitoring, and compliance of OFN’s on- and off-balance sheet borrower loans and investments. This role supports portfolio management activities for a $500 million portfolio of 180+ borrowers, ensuring that borrowers remain in compliance with covenants and reporting requirements. The VP develops portfolio management policies and strategies and delivers high-quality reporting to OFN’s internal and external stakeholders.

The VP, Portfolio Management, supervises a team of Associates and works closely with Investment Officers and the Originations and Investment Operations teams to ensure effective portfolio performance, strong borrower relationships, and proactive risk management. The VP also collaborates closely with Investment Services senior leadership on strategic initiatives and portfolio risk management priorities, develops relationships with OFN’s members, and works across OFN to collaborate with other teams in support of OFN’s mission.

OFN is the nation’s leading investment intermediary and network CDFIs serving rural, urban, and Native communities across the United States. With over $1 billion in total assets under management, OFN manages a national membership network of over 490 mission-driven lenders and CDFIs, including community development loan funds, credit unions, green banks, community development banks, minority depository institutions, and venture capital funds.

OFN is a trusted investment partner to the public, private, and philanthropic sectors – foundations, corporations, banks, government agencies, and others. For more than 40 years, our team has helped partners invest in communities to catalyze change and create economic opportunities for people and places traditional finance doesn’t reach.

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People who work at OFN come from a variety of professional and academic backgrounds. If you have:

• Passion for the mission and true believer in our core purpose.
• Courage to be a fearless advocate who is confident and resilient in our fight to drive capital into low-income communities.
• Smart, quick seekers of knowledge who thrive on creating and developing new strategies, products, and programs for increasing capital to communities we serve.
• Desire to be a collaborative team player who possesses humility and a willingness to lean in all areas of our work.

Come be a part of our growing diverse, highly committed, skilled, and collaborative staff. At OFN, we are dedicated to building a diverse, inclusive workplace, so if you are excited about this role but your experience does not align perfectly with every qualification, we encourage you to apply nonetheless. You may be the right candidate for this or other roles.

This position is based in Washington, D.C. All staff currently work a hybrid schedule.

• Lead portfolio management and compliance for OFN’s on- and off-balance sheet loans and investments.
• Monitor overall loan portfolio performance, including concentrations by sector, geography, and asset size.
• Oversee OFN’s quarterly portfolio monitoring dashboard, prepare and present reports to the Chief Investment Officer, Credit Committee, and Investment Committee.
• Ensure borrower compliance with reporting and covenant requirements, including timely submission of quarterly reports.
• Review borrower waiver and modification requests, ensure timely follow-up by the portfolio management team, and coordinate presentation and approval by the appropriate credit bodies.
• Lead analysis of quarterly and semi-annual borrower financial performance trackers, portfolio quality data, and risk rating grids/memos.
• Review audited annual financial statements, spreads, and risk rating grids; approve annual review memos and ensure timely completion and submission to the SVP, Credit Risk & Portfolio Management.
• Lead training of new borrowers/investees on compliance reporting templates and processes.
• Develop and maintain a watchlist loans framework for higher-risk borrowers, ensure timely interventions and escalation to the SVP, Credit Risk & Portfolio Management.
• Establish and maintain monitoring systems to…