Community Loan Portfolio Manager

Are you a skilled professional with a passion for community development and financial impact? Elevate Health is one of nine Accountable Communities of Health (ACHs) in Washington State, a successful non-profit collaborative in Pierce County, and dedicated to achieving health equity through collective action (learn more at elevatehealth.org). If you are looking for an excellent career opportunity at a successful, mission- and values-driven organization, with an amazing team, and a hybrid work schedule, this is a unique opportunity!

As Community Loan Portfolio Manager, you will leverage your expertise in loan underwriting, portfolio management, and community engagement to help further Elevate Health’s mission of building resilience and equity. From managing the $8M Community Resilience Fund, to fostering key partnerships, and ensuring compliance with regulations, you will play a crucial role in advancing the fund’s strategy and impact. Reporting to the Senior Director of Community Resilience, you will work closely with our finance team and external partners to ensure the fund’s success and alignment with Elevate Health’s goals.

Here’s what you’ll be doing:

Manage Community Loans

• Loan Underwriting
  • Serve as first point of contact for new borrowers.
  • Conduct credit and social impact analysis for borrowers.
  • Provide technical assistance and organizational guidance.
  • Prepare credit and recommendation memos for Program Loan Committee review.
  • Draft and gather necessary loan documents (Loan Agreement, Promissory Note).
• Loan Management
  • Act as primary contact for existing and prospective borrowers.
  • Coordinate meetings with borrowers alongside the finance team.
  • Prepare monthly and quarterly reports for funders and stakeholders.
  • Manage loan servicing and modifications.
• Portfolio Management
  • Conduct quarterly loan portfolio reviews.
  • Calculate and discuss loan loss reserves.
  • Track and monitor loan portfolio performance.
  • Implement and maintain loan servicing software.

Loan Compliance

• Ensure program compliance with investment policies and state/federal lending regulations.
• Collaborate with Elevate Health staff and finance team to maintain compliance.

Support Program Loan Committee

• Help lead the Program Loan Committee, ensuring informed decision-making based on members' expertise.
• Support members of the Program Loan Committee to create agendas, supporting materials, and scheduling.
• Help coordinate communications and alignment between Program Loan Committee and Elevate Health’s Board.
• Ensure compliance of the Program Loan Committee with existing fund policies and procedures, including member composition, skillset and terms.

Partnership Development and community engagement

• Identify and support partnerships with co-investors, stakeholders, and organizations to expand program reach and impact.
• Support alignment of community engagement efforts to promote equity in Pierce County.
• Increase visibility and awareness of loan investments and promote their impact.
• Assist with reports, evaluation, and promotion of community loans.
  
  

Other Duties as Assigned

• Assist Senior Director of Community Resilience with Program management.
• Act as backup for the Senior Director of Community Resilience when needed.

Here’s what we’re looking for:

• Bachelor’s degree in finance, business administration, economics, community development, or a related field.
• 3-7 years’ experience in community development, impact investing, or related fields.
• Strong understanding of community engagement, financial operations, and regulatory compliance.
• Experience working with Black, Indigenous, and People of Color communities or in a community-based, nonprofit, or social impact environment. 
• Strong collaborative skills, with experience working with cross-functional teams and external partners.
• Demonstrated passion for community-driven solutions and equity-focused initiatives.
• Ability to manage multiple projects and prioritize effectively.
• Excellent communication skills, both written and verbal.

   Preferred Qualifications:

• Master’s degree in finance, business administration, economics, community development, or a related field.
• Experience managing community loan or impact investment funds.
• Familiarity with state and federal lending regulations and compliance requirements.
• Familiarity with or experience working in Pierce County

Here’s why you’ll love working at Elevate Health:

Amazing People – A collective of smart, caring people working with partners to improve communities throughout South Puget Sound and make a positive impact each day.

Fun Environment – From all staff meetings to escape rooms, we work hard and also take time to have fun.

Hybrid Schedule – Enjoy the flexibility to work from home and our office.

Robust Benefits – Enjoy comprehensive medical, dental, vision, life, disability, retirement savings, paid holidays, vacation, and personal time.

Real Impact – Clinical care equates to just 20% of a person’s overall health. We work across the other 80% - the conditions in which people live, learn, and work across every stage of life – to truly elevate health and well-being. Learn more about us at https://www.elevatehealth.org.

If you’re excited by this opportunity, want to be part of the change, and have what we’re looking for, we want to meet you! Contact us today with your resume and cover letter at: https://elevatehealth.org/careers

Elevate Health provides equal employment opportunities to all employees and applicants without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, amnesty, or status as a covered veteran, in accordance with applicable federal, state and local laws. Elevate Health complies with applicable state and local laws governing non-discrimination in employment. This applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Salary : $88 - $93