Housing Finance Portfolio Associate

Enterprise Community Partners; Columbia (MD); On-site; USD 68,000 - 86,000; Full time

Job summary

Enterprise Community Loan Fund is seeking a proactive Portfolio Associate to support Loan Fund’s lending activities, including loan closings, servicing, and lending program support across diverse projects such as affordable housing, charter schools, and health care. The role emphasizes proficiency with numbers, attention to detail, and collaboration with finance, Legal, and lenders.

A background in loan administration and real estate finance is valued, with strong MS Office skills and

Qualifications

• Undergraduate degree or 2+ years of relevant experience in loan administration and loan monitoring/servicing.
• Must be detailed oriented, proficient at working with and improving systems, and possess strong aptitude for numbers.
• Working knowledge in at least one of the following areas: real estate and construction lending; affordable housing and community development; and corporate and real estate insurance.
• Strong and effective communication, analytical, sound decision-making, organizational, follow-up, and customer service skills.
• Solid MS Office and Outlook skills.
• Knowledge of Salesforce and/or Precision LM (LMS) system is a plus.
• Strong organizational and time management skills; ability to meet stringent deadlines and time constraints in a busy department.
• Ability to work with minimal supervision in a fast-paced department.
• Demonstrated professionalism, diplomacy and composure; flexible and able to adapt to a variety of situation.

Responsibilities

• Participate in the loan closing process as a member of the closing team and serve as point of contact to loan officers, borrowers and external partners as needed.
• Review, enter and maintain loan data in business systems as appropriate or necessary.
• Review loans to determine appropriate insurance requirements and to ensure borrower policies are in compliance with the Loan Fund’s guidelines.
• Prepare and support management loan closing checklists and checklist items; work with Legal to ensure all loan closing conditions have been met and approved by appropriate/authorized parties.
• Coordinate funding of disbursements and payments required through-out and at loan closing.
• Ensure all tasks required to finalize loan closings are complete including the management of retained documents, review of loan records for accuracy and preparation for post-closing responsibilities.
• Conducts a review of all relevant documentation to gain a sufficient understanding of the loan/project in servicing portfolio.
• Administers loan servicing activities in line with the needs of a loan/project to ensure procedures are appropriately and efficiently carried out.
• Ensures any specific programmatic, project or loan structure requirements have been reviewed and addressed as part of the servicing and loan administration.
• Coordinate with finance regarding payment and disbursement processing, invoicing and general queries for internal and external requests.
• Manages the setup and monitoring of insurance requirements during the term of the loan, including requests to borrowers and/or insurance brokers.
• Updates loan information to include file maintenance, lending databases, processing loans payoffs and archiving records.
• Assists Lenders and Chief Credit Officer with processing loan modifications and/or any other loan activity as necessary.
• The Portfolio Associate may be required to assist with the administration of specific lending programs relevant to assigned portfolio, or general portfolio needs, as necessary which may include providing loan information, tracking, reporting, or updating data in lending systems.

Skills

Attention to detail

Numbers

Communication skills

MS Office

Salesforce

Education

Undergraduate degree or 2+ years of relevant experience

Tools

Salesforce

Precision LMS

Job description

Enterprise Community Loan Fund is seeking a proactive Portfolio Associate to support Loan Fund’s lending activities, including loan closings, servicing, and lending program support across diverse projects such as affordable housing, charter schools, and health care. The role emphasizes proficiency with numbers, attention to detail, and collaboration with finance, Legal, and lenders.

A background in loan administration and real estate finance is valued, with strong MS Office skills and