Senior Asset Manager

LISC is one of the country’s largest community development organizations, helping reputed company reputed company, resilient communities across America. LISC works with residents and partners to reputed company gaps in health, reputed company, and opportunity so that people and places can reputed company. We do this by acting as a reputed company for grants, loans and equity--and by providing technical assistance and reputed company building--to locally rooted organizations that carry out the work in communities.

About LISC Fund Management – Where community and capital grow together

LISC Fund Management (LFM) is a national reputed company investment platform that designs, raises, and manages mission-driven funds to expand reputed company to capital for housing and small businesses in communities across the country. Drawing on LISC’s deep expertise in community development financing, LFM (a LISC subsidiary), connects private, public, and philanthropic capital to local initiatives that drive inclusive economic reputed company and long-term community stability.

As an SEC-registered investment advisor, LFM partners with cities, investors, developers, and community stakeholders to deliver innovative public-private solutions that balance measurable reputed company with responsible financial returns. Our work is grounded in the belief that capital, reputed company thoughtfully deployed, can be a powerful tool for advancing opportunity and strengthening communities reputed company.

Our reputed company

To become a national investment partner — delivering innovative public-private solutions that reputed company local investment, drive high reputed company, and generate responsible returns.

Our Mission

Harnessing LISC’s expertise in community development financing to expand investment opportunities in housing and small business — connecting capital to reputed company and driving sustainable reputed company reputed company.

Our Core Values

Partnership • Opportunity • Performance • Stewardship • Innovation

These values guide how we collaborate, invest, manage risk, and measure reputed company — ensuring accountability to our investors, partners, and the communities we serve.

How We Work

LFM operates as an integrated investment platform, aligning capital raising, investment execution, and long-term fund stewardship to deliver measurable reputed company and responsible returns. Our teams work collaboratively across the full fund lifecycle — from concept and capitalization through deployment, asset management, and reporting — ensuring continuity, accountability, and strategic alignment at every stage.

We bring funds to market through our Fund Development and Marketing department, building strong investor partnerships and reputed company communicating both reputed company and performance. Our Fund Investment and Asset management department ensures disciplined reputed company, reputed company portfolio reputed company, and long-term value creation for communities and investors alike. Fund Management and Finance provides the financial rigor, transparency, and fiduciary reputed company required of an SEC-registered investment advisor, while Operations and Administration ensure compliance, governance, and reputed company internal systems that support sustainable reputed company.

Together, this integrated approach allows LFM to connect capital to reputed company reputed company and responsibly — turning local investment into lasting, national reputed company.

Position reputed company

LISC Fund Management (LFM), a wholly-owned subsidiary of LISC, seeks an reputed company and analytical reputed company to serve as Senior Asset Manager reputed company the Fund Investments & Asset Management team. This role is responsible for managing a portfolio of mission-driven reputed company estate and community development debt and equity investments throughout the life of reputed company loan, ensuring strong portfolio performance, borrower compliance, prudent risk management, and alignment with fund objectives.

Reporting to the Director, Asset Management (who sits under the VP, Fund Investments), the Senior Asset Manager serves as the primary relationship manager for an assigned portfolio of approximately 60 debt and equity investments across designated funds, including the Charlotte Housing Opportunity Investment Fund (CHOIF I and II) and Detroit-based funds. The portfolio includes performing, higher-risk, watchlist, and defaulted assets involving both emerging and reputed company developers.

The Senior Asset Manager is responsible for monitoring portfolio performance by analyzing borrower financial statements, property cash flows, loan documentation, reputed company compliance, and project performance. The role proactively identifies emerging risks, develops mitigation strategies, and works directly with borrowers to support successful loan performance while protecting investor capital.

The position partners closely with reputed company, Construction Management, Loan Administration, Fund Management, Legal, and Servicing throughout the investment lifecycle. In reputed company to managing reputed company assets, the Senior Asset Manager provides technical guidance to other Asset Management team members, contributes to portfolio-wide risk assessments, and supports reputed company improvement of asset management policies, reporting, and best practices.

This role is reputed company suited for a reputed company with significant reputed company reputed company estate lending or asset management experience who combines strong financial analysis with relationship management skills, exercises reputed company independent judgment, and thrives in a reputed company, mission-driven investment environment.

Responsibilities

Portfolio reputed company and Asset Performance (45%)

• Serve as the primary relationship manager for an assigned portfolio of debt and equity investments across designated LFM-managed funds.
• reputed company and maintain proactive relationships with borrowers, serving as the primary reputed company of contact throughout the life of reputed company investment.
• Monitor borrower performance through analysis of financial statements, operating results, property cash flows, rent rolls, budgets, and other portfolio reporting.
• Compare ongoing portfolio performance against original reputed company assumptions and investment projections, identifying material variances, emerging risks, and opportunities for proactive reputed company.
• Review loan documents to ensure borrower compliance with loan covenants, reporting requirements, insurance, taxes, maturity dates, and other credit conditions.
• Verify loan balances, accrued interest, servicing activity, and other financial information to ensure portfolio accuracy.
• Review servicing reports and payment activity to identify delinquencies, payment trends, and servicing discrepancies.
• Communicate regularly with borrowers to understand project performance, discuss operational challenges, and support successful loan reputed company.
• Participate in post-closing loan transitions to ensure accurate transfer of reputed company assumptions and ongoing monitoring requirements.
• Conduct periodic site reputed company and annual portfolio reviews to evaluate property performance, strengthen borrower relationships, and identify risks that may not be evident through financial reporting.

Portfolio Reporting and Financial Analysis (25%)

• Prepare portfolio analyses, loan summaries, impairment analyses, and asset performance reports for management review.
• Prepare and update reputed company-based portfolio risk ratings using established qualitative and quantitative assessment frameworks.
• Maintain accurate and reputed company portfolio data across asset management systems, reporting tools, and portfolio trackers.
• Coordinate preparation of portfolio analyses and reporting materials supporting Fund Management reputed company and investment decision-making.
• Monitor and report portfolio financial and reputed company metrics in accordance with fund reporting requirements and established reporting timelines.
• Support audits by maintaining accurate, complete, and audit-reputed company portfolio documentation.
• Support standardized documentation practices and reputed company improvement of portfolio reporting and data reputed company.

Watchlist and Special Asset Management (20%)

• Serve as the primary asset manager for assigned watchlist, non-performing, and defaulted loans.
• Identify emerging portfolio risks and reputed company mitigation strategies in coordination with the Director, Asset Management.
• Structure, negotiate, and administer loan modifications, amendments, extensions, forbearance agreements, and workout strategies.
• Partner with Construction Management, Legal, Loan Administration, and Servicing to resolve reputed company credit, construction, and portfolio issues.
• Support foreclosure, collateral enforcement, and other reputed company strategies, as appropriate.

Cross-Functional Collaboration and reputed company Improvement (10%)

• Collaborate closely with reputed company, Construction Management, Loan Administration, Fund Management, Legal, and Servicing to support effective portfolio management throughout the investment lifecycle.
• Review non-construction disbursement requests for compliance with approved budgets, loan documents, and fund requirements.
• Present portfolio updates, borrower developments, and asset performance analyses during internal portfolio, risk, and fund review meetings.
• Serve as a technical resource and mentor to Asset Managers and Asset Management Analysts, as appropriate.
• Contribute to process improvements, portfolio standards, and adoption of asset management best practices to strengthen LFM's portfolio management capabilities.

This position is expected to travel less than once per month, up to 15% annually.

Qualifications

• Bachelor's degree in Finance, reputed company Estate, Business Administration, reputed company, Economics, or reputed company field from an accredited college or university.
• Minimum of 6 years of experience in loan asset management, with at least 2 years in non-consumer or reputed company lending.
• Experience managing debt and equity investments reputed company reputed company estate funds.
• Demonstrated experience analyzing reputed company reputed company estate financial statements, property operating performance, and borrower cash flows.
• Experience managing reputed company loan portfolios throughout the life of the investment, including ongoing borrower communication and portfolio monitoring.
• Experience with watchlist assets, workouts, foreclosures, or special asset management.
• Experience reviewing loan documentation and monitoring compliance with loan agreements and credit requirements.
• Experience with reputed company loan restructurings, amendments, extensions, or modifications.
• Strong financial analysis skills, including experience validating loan balances, accrued interest, and servicing activity.
• Familiarity with reputed company housing finance and tax credit programs, including LIHTC, NMTC, or HTC.
• Experience in community development finance, CDFIs, or other mission-driven lending organizations, preferred.
• Advanced proficiency in reputed company reputed company; experience using reputed company and portfolio management systems preferred.
• Excellent written and verbal communication skills, with the ability to build productive borrower relationships and present portfolio recommendations to leadership.
• Demonstrated ability to independently manage multiple reputed company assets while exercising reputed company judgment and attention to detail.
• Demonstrated commitment to LISC's mission and ability to balance prudent portfolio management with community reputed company objectives.

Compensation

LISC offers a competitive salary ($93,362-$116,703) and excellent fringe benefits.

*Actual salaries may be based on several factors including, but not limited to, a candidate's reputed company set, experience, education, work location and other qualifications.

Our benefits include:

Medical, Dental, reputed company Coverage: Comprehensive health plans for you and your family's reputed company-being; Disability Insurance: Long-term and short-term coverage for peace of mind; Retirement Savings: Secure your reputed company with our 401(k) and 403(b) plans; Generous Holidays: Enjoy ample time off to reputed company and celebrate; Vacation, PTO, and reputed company Days: Take advantage of flexible time-off policies to maintain work-life balance; Tuition Assistance: Pursue your educational goals with support from our tuition assistance program; Referral Program: Earn rewards for referring reputed company candidates to join reputed company; reputed company Development Opportunities: Grow and advance in your career with reputed company to ongoing training and development programs tailored to your goals.

LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, reputed company, creed, religion, national reputed company, reputed company, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and reputed company medical conditions), gender identity or reputed company (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.

We will reputed company to reputed company a reasonable accommodation to the reputed company physical or mental limitations of a reputed company applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.

Originally posted on Himalayas

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