What are the responsibilities and job description for the Senior Loan Portfolio Analyst (non-Agency) position at The Community Preservation Corporation?
About Us
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
Role Summary
The Senior Portfolio Analyst will work closely with and assist the Manager, Senior Analyst, Loan Servicing (non-Agency) in the management of the non-Agency, Permanent Servicing portfolios, including assisting in the designing of processes and procedures as well as the development of industry best practices.
What You’ll Do
The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
Role Summary
The Senior Portfolio Analyst will work closely with and assist the Manager, Senior Analyst, Loan Servicing (non-Agency) in the management of the non-Agency, Permanent Servicing portfolios, including assisting in the designing of processes and procedures as well as the development of industry best practices.
What You’ll Do
- Assist in the management of a team of Portfolio Administrators responsible for the servicing activities related to Permanent loan portfolios held by CPC; public Pension funds; third party banks; private investors; and various local and state agencies.
- Monitor the Servicing team’s servicing portfolio, including loan set-ups, escrow processing, and all day-to-day servicing activities.
- Review and approve disbursements.
- Review and approve pay off letters up to assigned limits.
- Provide excellent customer service to both external customers and investors as well as internal field officers.
- Prepare management reports on the status of the portfolio, as directed.
- Prepare Investor required ad hoc reports.
- Assists in personnel management as directed.
- Assist in the writing and implementation of training materials and lead the training and on-boarding of staff, as directed.
- Train staff and implement individual development plans for employees, as directed.
- Assist with special projects as necessary.
- Bachelor’s degree in Finance, Economics, Real Estate or other related field preferred.
- Minimum of 4-5 years’ experience in commercial loan servicing/closing; prior managerial or supervision of teams experience preferred.
- Exceptional analytical, problem solving and organizational skills.
- Ability to work in a fast-paced environment.
- Strong preference for background with McCracken Strategy or other commercial loan servicing platforms.
- Moderate to advanced Microsoft Office skills, primarily Excel.
- Effective written and oral communication skills as well as excellent interpersonal skills.
- Competitive compensation
- 401(k) retirement plans with employer match
- Medical, dental, and vision benefits for employees and their dependents
- Commuter benefits
- PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
- Tuition assistance program
- Two “work from anywhere” weeks per year
- Summer Fridays
- Collaborative working spaces
- Service days to support our communities
- Employee development and engagement events
- More about our offerings and culture here
The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.
Salary : $70,000 - $85,000
