What are the responsibilities and job description for the Private Credit Analyst position at i Fund Cities?
Who We Are: I Fund Cities is a direct lender focused on private credit specifically in real estate. iFC has funded over $2.0b for real estate investors nationwide and continues to expand as the demand for private credit exponentially grows. Our vision is to create the best borrowing experience, measured by the borrower. To achieve this vision, our team works tirelessly at providing cost effective and efficient working capital. We are entrepreneurs and passionate builders of a private credit platform, who care about our borrowers’ success.
Position: iFC is looking to hire a Private Credit Analyst to join our Capital Markets team at our HQ in Philadelphia. This position will oversee IFC’s entire loan portfolio of construction and transitional lending projects. This role will need to be very analytical and strategic. Specifically, you will be responsible for working with the IFC team in understanding all of the capital implications of a loan covering leverage facilities, forecasting, dispositions and default work outs. The operational teams will support the ultimate execution with you responsible for driving the strategy. It is our expectation that you will be a fast learner, growth oriented, embrace details, comfortable with the details and enjoy collaborating with external investors. Lastly, you will be responsible for providing key updates and reporting to some of the largest fund managers on the Street. This position is for someone with a strategic focus in managing up to $1billion in assets.
Corporate Mandates:
· High level of curiosity toward position, company in order to rapidly grow and advance career.
· Team player, collaborates internally with team members and is not reluctant to drive cross functional conversations.
· Relentlessly asks thoughtful questions.
· Portfolio level modeling, reporting and analytics.
· Effective communication for both internal company and external investor discussions.
· Continuously enhancing controls and automating areas of redundance.
· Passion for real estate, financial markets, analytics.
Responsibilities:
· Directly oversee the company’s loan portfolio
· Enhancing the reporting, analytics of the portfolio
· Proactively working with wall street, insurance, etc investors on portfolios.
· Deploying loss mitigation strategies
· Becoming expert in data, processes
· Build sustainable processes to scale and automate from
· Work with team members to deliver insights from reporting and analyses
· Develop and monitor key performance metrics.
· Constantly assess how we use data (internal / external) to enhance the operation.
· Build a team-based approach and culture that creates raving fans across IFC
Behavioral Characteristics:
Great Attitude – A positive attitude and high energy allows you to attract and achieve greatness
Relentless Pursuit of Greatness – Have a purpose and pursue it with every bone in your body, solve the impossible!
Team Player – Serve your team and everyone at IFC (good & bad)
Effective communication – If you can’t communicate, you can’t solve problems. Problems that fester, cause resentment and frustration and ultimately hurts everyone