What are the responsibilities and job description for the Multi Asset Portfolio Manager position at New Jersey Community Capital?
New Jersey Community Capital is a nonprofit community development financial institution that provides an innovative toolkit of financial products, programs, and services to advance equity and opportunity in the communities we serve.
Read more about us: https://www.newjerseycommunitycapital.org/about-us/
Multi Asset Portfolio Manager
Location: New Brunswick, NJ Office (5 Days in Office)
This role is a highly visible position where the individual will have the opportunity to work directly with the leadership team. The Portfolio Manager will be working closely with the Asset Managers of our 4 funds. Our Portfolio of funds invests across multiple product types around the US, with a core focus on impact investing. Your day to day will vary between validating investment thesis and due diligence, investment performance, fund performance, and building reporting processes. Our 4 portfolios are Senior Loans, Non-performing Loans, Private Equity, Mezz Debt and Affordable Housing Real Estate.
Qualifications:
- Bachelor's degree preferably with a concentration in Finance, Economics, Accounting or a Science or equivalent professional experience.
- The candidate will have a minimum of 2 years of working experience in a collaborative financial environment (banking, real estate, PE, Private Credit etc.) focused on driving bottom line value creation through strategic thinking in a time‐sensitive manner.
- Solid experience creating financial models using WACC, NPV, IRR and ROI.
- Solid financial skills and knowledge
- Proficient in Microsoft Office Suite.
- Excellent organizational, analytical, and time management skills.
- Strong ability to manage multiple projects with competing deadlines.
- Ability to effectively interact and build relationships with senior management and stakeholders.
- Strong interpersonal and communication (verbal and written) skills.
- Ability to work independently and collaboratively in a fast‐paced environment.
- Must possess a high‐level of moral judgment for handling confidential information.
- High attention to detail and accuracy.
- Excellent written and oral communication skills.
Responsibilities:
- Create and utilize corporate financial models in Microsoft Excel.
- Analysis of investment materials such as investment memorandums, presentations, and proposals.
- Analyze and interpret investments including historical operating statements, budgets, CAM reconciliations, leases, loan agreements, etc.
- Should be able to effectively communicate and respond to sometimes complex questions and inquiries.
- Collaborate as an independent contributor with cross‐functional teams to implement strategies across a product or market.
- Analyze economic data to develop and shape business strategies.
- Work effectively in a team environment, assuming all tasks as needed.
- Assist in managing projects from identification through completion, including coordination of due diligence teams and model underwriting.
- Prepare and maintain property and portfolio valuations using discounted cash flow models.
- Evaluate the net present value and other operating metrics for capital investments in product development and other sources of growth.
- Leverage information systems to increase efficiency and effectiveness of forecasting and analysis.
- Performs other related duties assigned.
