Portfolio Management Analyst

Portfolio Management Analyst

Department: Portfolio Management and Compliance/Risk
Reports to: SrDirector of Portfolio Management and Compliance/Risk

Location: Chicago, IL (Hybrid)

About the Role

NCIF is seeking a highly analytical and detail-oriented Portfolio Management Analyst to support portfolio monitoring, risk assessment, financial analysis, covenant tracking, construction draw analysis, and reporting across our lending, equity, and New Market Tax Credit (NMTC) investment portfolio. The ideal candidate is disciplined, organized, and able to evaluate complex financial information, identify potential risks, and produce accurate, high-quality work in a mission driven financial institution.

What You Will Do

This role is a key part of NCIF’s portfolio management and risk strategy. The position will drive portfolio monitoring, risk assessment, asset management, covenant tracking, and reporting across lending, NMTC, and equity investing. The role will also support portfolio performance analysis, identify emerging risks, and help strengthen overall portfolio management practices across the lines of business.

Portfolio and Asset Management

§ Evaluate borrowers’ credit data and financial statements in collaboration with Credit Analyst in order to determine the degree of risk in lending money to new borrowers.

§ Perform financial statement reviews and analysis on existing and potential borrower. In collaboration with the lending department compile and track financial and non-financial documents from borrower to adhere to loan covenants.

§ Assist in the preparation of annual loan review for the NMTC and debt portfolio.

§ Monitor loan/investment terms including dividend and loan payments, loan covenants, financial statements, impact reporting, compliance and insurance certificatesn etc.

§ Maintain ticklers for collecting covenant reports, Impact reports, Insurance certificates and other reports associated with a loan.

§ Review appraisals, environmental and other due diligence items for loans on the portfolio.

§ Market research and analyses: benchmark economic activity in target markets by tracking rents, sales per square foot, and operating costs of properties.

§ Input data into loan management system, as needed.

Construction Loan Administration

§ Process, post, and maintain files on draw requests per department policies and procedures.

§ Evaluate and recommend approval or denial of requests for funding, report on the status of project with respect to budget and timeliness.

§ Create construction loan disbursement files in accordance with existing processes and procedures.

§ Enter disbursement on the construction loan platform/loan servicing system.

§ Order and review title updates from title companies, identify, and communicate issues for each construction draw request.

§ Analyze all collateral and ensure compliance to the loan and portfolio and compliance policies and procedures.

Portfolio Insight and Reporting

§ Support the maintenance of ticklers for internal and external reporting for the organization.

§ Assist in creating monthly, quarterly, semi-annual loan and investment reports.

§ Assist in gathering and compiling data to file the CDFI reports on AMIS (Including ILR (Institution level Reports), TLR (Transaction Level Reports)), and other AMIS reporting under supervision of the Head of Department.

§ Ensure accuracy, consistency, and completeness in all analytical outputs.

§ Track, analyze, and identify portfolio trends, risks, and potential mitigants across NCIF’s lending, equity, and NMTC portfolios.

Who You Are

§ Highly reliable with strong personal ownership and follow-through.

§ Intellectually curious, analytical, and thoughtful.

§ Comfortable receiving feedback and seeking continuous improvement.

§ Able to manage multiple projects and shifting priorities without sacrificing accuracy.

§ Committed to NCIF’s mission and able to connect data to real-world impact.

What You Bring

Qualifications

§ Passion for community development and for improving the lives of individuals in underserved communities.

§ Bachelor’s degree (or equivalent work experience), preferably in business, accounting, or finance.

§ 2- 5 years’ experience in accounting, finance, asset management, real estate, non-profit lending departments.

§ Experience working with a CDFI in NMTC or lending compliance/portfolio management (including AMIS) will be a plus.

§ Experience in preparing loan portfolio, lender and investor reports.

§ Ability to provide compliance-related support and guidance to various business groups.

§ Familiarity with construction lending practices and terminology.

§ Strong attention to detail and analytical skills. Proficiency in MS Office with strong expertise in MS Excel and Google Sheets. Knowledge of Python, data visualization and/or AI tools will be a plus.

§ Ability and willingness to work in an entrepreneurial organization positioned to grow.

§ Ability to work on multiple projects simultaneously. Demonstrated oral and written presentation skills.

§ Ability to work and communicate to varying levels of business stakeholders and technical teams.

§ Preferably a resident of Chicago or willing to relocate and work on a hybrid schedule.

Preferred

§ Experience in community development finance, CDFI and minority banking industry, impact investing, or financial inclusion.

§ Familiarity with CDFI, NMTC, USDA, or mission driven lending is a plus.

§ Interest in mission-oriented banking, community development finance, and equity-focused economic development.

Location : Candidate is based in Chicago or willing to relocate.

To Apply

Please send a resume, cover letter and writing sample to [email protected]

More About NCIF

National Community Investment Fund (NCIF) is a national Community Development Financial Institution (CDFI) whose mission is to invest in social impact and economic opportunity in rural, small-town, and urban America.

Since its inception in 1996, NCIF has deployed over $560 million of impact capital, creating over 17,000 jobs in 34 states and territories. Total assets under management at NCIF are around $262 million, including a balance sheet of $77 million and a serviced loan and NMTC portfolio of $185 million.

NCIF has partnered, lent and invested with a network of over 50 mission-oriented financial institutions, banks, and non-bank organizations to expand the flow of capital into communities with limited access to financing. Through this network, NCIF helps catalyze investment, strengthen local institutions, and scale impact beyond its direct balance sheet.

NCIF is an entrepreneurial organization with a strategic plan that seeks to deploy over $1 billion in impact assets over the next 10 years, and to evolve using artificial intelligence and other advanced technologies.

NCIF delivers its mission through four complementary business lines:

1. Equity Investing – Providing equity, debt, and deposit investments to mission-oriented financial institutions, including CDFI banks, minority depository institutions, and other aligned platforms.

2. Lending – Originating and syndicating loans that support small businesses, affordable housing, healthcare, education, and other community-focused sectors.

3. New Markets Tax Credits (NMTC) – Deploying NMTC allocations into high-impact operating businesses and real estate projects that drive economic opportunity.

4. Impact Measurement and Data – Publishing Bank Impact and developing advanced data analytics tools, including AI-driven platforms, to measure performance and attract additional capital to the sector. NCIF pioneered the use of social performance metrics in community development banking, and impact measurement remains foundational to our mission.

By integrating capital, data, and partnerships, NCIF operates at the intersection of finance, impact, and innovation to strengthen community finance and expand economic opportunity.

Equal Opportunity Statement

NCIF is an equal opportunity employer and provides equal treatment and opportunity to all persons without regard to race, color, religion, national origin, sex, age, disability, veteran status or sexual orientation except where such distinction is required by law. NCIF has a hybrid schedule with part remote/in-office work schedules.

Pay: $67,285.82 - $81,032.38 per year

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Life insurance
• On-site gym
• Paid time off
• Professional development assistance
• Vision insurance

Work Location: Hybrid remote in Chicago, IL 60602