Equity Path Forward, Assistant Director
FHLB Des Moines, New York, NY, United States
Reporting to the Senior Director, Capital, the Relationship Manager is the primary liaison for a portfolio of roughly 30 EPF sponsors providing a range of services dependent on sponsor’s capacity (i.e., ten high, ten mediums, ten low). The new role will undergird the EPF client experience, ensuring that Enterprise capital and services enhance objectives to scale and grow EPF partners' capacity while improving Enterprise’s risk management. The RM role will require developing in-depth knowledge of each partner’s operations, pipeline, and portfolio. In doing so, the RM will assess sponsors’ capacity needs and facilitate connections to advisory services as needed. A key responsibility will include educating sponsors on the full suite of E financing products and services and facilitating access to technical assistance for due diligence and underwriting requests. Relationship managers will provide input for all credit approvals and monitor investments across business lines including participating
in credit committees and portfolio reviews,
coordinating due diligence and reporting requests across business lines to alleviate duplication and, serve as a feedback loop to business lines for challenges and areas for improvement, and will assist in troubled investment/workout situations to mitigate risk.
The RM is expected to develop and maintain relationships internally within and externally with Enterprise as relevant to the position within community development organizations and regions in which their EPF clients operate. The position requires an experienced professional with strong analytical, financial and relationship management skills.**Responsibilities** Other Duties as Assigned
From time to time, the Relationship Manager fulfills other responsibilities as assigned such as assisting with the development of innovative programs and/or product initiatives, investor requests, or other special requests as applicable.
**Qualifications/Skills Needed:** A minimum of 7 years of work experience and an undergraduate degree in business, finance, real estate, urban planning, or related field is required. Exceptional communication, negotiation, and critical thinking skills to manage multiple clients, along with strong organizational and analytical skills to manage diverse and complex relationships.Strong finance and real estate experience including strong experience in underwriting within a CDFI or private lending context along with particular focus on real estate focused, small businesses including development and property management; proficiency in analyzing financial statements of nonprofit and for-profit organizations. Demonstrated capacity to assess opportunities, risks and challenges and effectively work with a unique and varied group of small business owners to leverage Enterprise products and services to advance solutions that both mitigate risk and support scaling of EPF clients’ capacity.Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of Enterprise.Familiarity with a range of federal, state, and local community development programs that finance affordable housing and other real estate assets. Familiarity with federal, state, and local government funding sources for capital and operating needs of multifamily housing, special needs housing, and community facilities (e.g., LIHTC, HUD programs, etc.) strongly desired. Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs, are essential.Ability to travel up to 30%.. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location.Our benefits form a major part of the total rewards package. These include dental, health, and vision care plans, as well as family-building benefits such as adoption and surrogacy support. Enterprise supports flexible work arrangements to promote work-life balance and offers health advocacy, an Employee Assistance Program (EAP), and mental health benefits. We round out our package with financial education, wellness programs, and auto-enrollment in the company’s 401(k) plan with employer matching contributions. Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.Home is where life happens, where plans are made and futures begin. The foundation for dignity, health,education, wealth and community. Yet rents keep going up, paychecks don’t keep pace, and good homes in strong neighborhoods are increasingly out of reach.The system doesn’t work. It must be changed, and it must be changed by us.**What We Do**Everything we do is informed by the residents we serve:* Support community development organizations on the ground* Aggregate and invest capital for impact in homes and communities* Advance housing policy at every level of government* Build and manage communities ourselves**Our Goals**
Together with our partners, we focus on the greatest need – the massive shortage of affordable rental homes – to achieve three goals:* Increase the supply of affordable homes* Advance racial equity after decades of systematic racism in housing* Strengthen communities to be resilient to the unpredictable and make upward mobility possible**Our Impact**Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.We are here for impact. We are here for change. Join us.**Enterprise is an Equal Opportunity Employer.**We value a diverse workforce and strive to create an inclusive culture. Enterprise encourages and considers applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, disability, veteran status or any other characteristic protected by applicable law.Enterprise is committed to providing reasonable accommodations for individuals with disabilities to ensure full participation in the interview process and to perform essential job functions. Contact HR@enterprisecommunity.com to learn more.For all general inquiries please contact recruiting@enterprisecommunity.com. #J-18808-Ljbffr
in credit committees and portfolio reviews,
coordinating due diligence and reporting requests across business lines to alleviate duplication and, serve as a feedback loop to business lines for challenges and areas for improvement, and will assist in troubled investment/workout situations to mitigate risk.
The RM is expected to develop and maintain relationships internally within and externally with Enterprise as relevant to the position within community development organizations and regions in which their EPF clients operate. The position requires an experienced professional with strong analytical, financial and relationship management skills.**Responsibilities** Other Duties as Assigned
From time to time, the Relationship Manager fulfills other responsibilities as assigned such as assisting with the development of innovative programs and/or product initiatives, investor requests, or other special requests as applicable.
**Qualifications/Skills Needed:** A minimum of 7 years of work experience and an undergraduate degree in business, finance, real estate, urban planning, or related field is required. Exceptional communication, negotiation, and critical thinking skills to manage multiple clients, along with strong organizational and analytical skills to manage diverse and complex relationships.Strong finance and real estate experience including strong experience in underwriting within a CDFI or private lending context along with particular focus on real estate focused, small businesses including development and property management; proficiency in analyzing financial statements of nonprofit and for-profit organizations. Demonstrated capacity to assess opportunities, risks and challenges and effectively work with a unique and varied group of small business owners to leverage Enterprise products and services to advance solutions that both mitigate risk and support scaling of EPF clients’ capacity.Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of Enterprise.Familiarity with a range of federal, state, and local community development programs that finance affordable housing and other real estate assets. Familiarity with federal, state, and local government funding sources for capital and operating needs of multifamily housing, special needs housing, and community facilities (e.g., LIHTC, HUD programs, etc.) strongly desired. Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs, are essential.Ability to travel up to 30%.. The salary range represents the low and high end of what may be paid for this position. It is not typical for an individual to be hired at or near the top of the pay range, and compensation decisions may be influenced by a variety of factors, including skills, qualifications, experience, and location.Our benefits form a major part of the total rewards package. These include dental, health, and vision care plans, as well as family-building benefits such as adoption and surrogacy support. Enterprise supports flexible work arrangements to promote work-life balance and offers health advocacy, an Employee Assistance Program (EAP), and mental health benefits. We round out our package with financial education, wellness programs, and auto-enrollment in the company’s 401(k) plan with employer matching contributions. Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one.Home is where life happens, where plans are made and futures begin. The foundation for dignity, health,education, wealth and community. Yet rents keep going up, paychecks don’t keep pace, and good homes in strong neighborhoods are increasingly out of reach.The system doesn’t work. It must be changed, and it must be changed by us.**What We Do**Everything we do is informed by the residents we serve:* Support community development organizations on the ground* Aggregate and invest capital for impact in homes and communities* Advance housing policy at every level of government* Build and manage communities ourselves**Our Goals**
Together with our partners, we focus on the greatest need – the massive shortage of affordable rental homes – to achieve three goals:* Increase the supply of affordable homes* Advance racial equity after decades of systematic racism in housing* Strengthen communities to be resilient to the unpredictable and make upward mobility possible**Our Impact**Since 1982, we have invested $92.0 billion and created 1.1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands – all to make home and community places of pride, power and belonging.We are here for impact. We are here for change. Join us.**Enterprise is an Equal Opportunity Employer.**We value a diverse workforce and strive to create an inclusive culture. Enterprise encourages and considers applications from all qualified individuals without regard to race, color, religion, gender, sexual orientation, gender identity or expression, age, national origin, marital status, disability, veteran status or any other characteristic protected by applicable law.Enterprise is committed to providing reasonable accommodations for individuals with disabilities to ensure full participation in the interview process and to perform essential job functions. Contact HR@enterprisecommunity.com to learn more.For all general inquiries please contact recruiting@enterprisecommunity.com. #J-18808-Ljbffr