Vice President, Sponsor Analysis - Chicago, United States - National Equity Fund

National Equity Fund
National Equity Fund
Verified Company
Chicago, United States

3 weeks ago

Mark Lane

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Mark Lane

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Description

NATIONAL EQUITY FUND, INC. is a leading non-profit syndicator of Low-Income Housing Tax Credits (LIHTC) with a
mission to create and deliver innovative, collaborative financial solutions to expand the creation and preservation
of affordable housing. We strive to be a diverse, equitable, and inclusive place to work so that our team has the
experience and knowledge to effectively support our partners and communities.


OVERVIEW
The Vice President, Sponsor Analysis will lead the function within the organization
which analyzes sponsor organizations. Establish, execute, and maintain a program
of processes and procedures which would involve working with various
departments within NEF to gather information and analyze the financial and
organizational capabilities of NEF's sponsor partners. Make recommendations as to
operational and organizational improvements that result from these sponsor
assessments.


ESSENTIAL DUTIES Develop and document a systematic approach for analyzing the organizational and financial capacity of

NEF's sponsor organizations that develop multi-family affordable housing properties

  • Work with NEF management in developing a system which prioritizes the sponsors to analyze over the short
and long term

  • Work with various departments within NEF, such as Originations, Project Management, Asset Management,
and Finance to gather relevant current and historic information about the sponsor organizations, including
deal history with NEF, as part of a comprehensive approach to the sponsor assessments

  • Perform an analysis of the sponsor organization's financial statements and other relevant financial data,
including their schedule of other real estate owned, as part of the sponsor assessment

  • Perform an analysis of the sponsor organization's internal resources and capacity, including its backoffice
reporting functionality and adequacy as well as continuity of key management positions.

  • Perform an assessment of the sponsor organization's operating capabilities, technical acumen, and
adequacy of its governance structure

  • Create a consistent reporting methodology which can be used to compare various sponsors as part of
drawing conclusions from the sponsor assessments

  • Present findings to a team of NEF internal stakeholders, including recommended next steps and action items
as a result of the sponsor assessments.


THE IDEAL CANDIDATE Bachelor's degree in a business field, with minimum of five years of real estate experience.

  • MBA or relevant graduate degree a plus.
  • Experience in auditing an organization's operations and documenting workflows, audit or internal audit
experience a plus.

  • Proven ability to create and implement improvements to operational structure and efficiency.
  • Proven ability to work crossfunctionally with peers in other sectors of the business to achieve a common
goal.

  • Capacity to lead in an evolving, teamoriented environment.
  • Proven ability to convene and lead meetings consisting of various levels of leadership within an organization.
  • Selfmotivated and driven to achieve outcomes which provide longterm benefits to the organization.

ABOUT NATIONAL EQUITY FUND
National Equity Fund, Inc. (NEF) is a leading non-profit, multi-family, affordable, real estate investment manager
with a mission to create and deliver innovative, collaborative financial solutions to expand the creation and
preservation of affordable housing. Through its Low-Income Housing Tax Credit (LIHTC) syndication platform and
its lending and investing platforms, NEF generates opportunities rooted in its vision that all individuals and
families across the country have access to stable, safe, and affordable homes. Since being founded in 1987, NEF
has invested over $24.5 billion, representing 242,500 new or preserved affordable homes for individuals,
families, and communities in need across the country. NEF is Chicago-based and has donated more than $240
million in grants to support its affiliate LISC's nationwide community development work. To learn more about

We offer a competitive salary, along with a comprehensive benefits package.
NEF IS AN EQUAL-OPPORTUNITY EMPLOYER

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