Advantage Capital logo
Advantage Capital

Supporting small businesses. Financing affordable homes. Expanding access to renewable energy.

Compliance and Asset Management Associate

ComplianceComplianceFull TimeRemoteMid LevelTeam 51-200H1B No SponsorCompany SiteLinkedIn

Location

Louisiana + 2 moreAll locations: Louisiana, Missouri, South Carolina

Posted

15 hours ago

Salary

Not specified

Seniority

Mid Level

Bachelor Degree2 yrs expEnglish

Job Description

• Support clients’ NMTC programs through maintaining program compliance and management of a portfolio of NMTC investments • Analyze QALICB financial statements and reports to detect risk of loan default and risk of NMTC program compliance default • Assist with review of post-closing disbursements of QLICI funds • Monitor and track the portfolio’s loan performance and compliance with loan agreements and program requirements, and prepare reports for management review • Collect, review and analyze community impact reporting, including validation and presentation to internal and external stakeholders • Interacting and building relationships with partners, banks, and investors • Monitor CDE status including board LIC representation compliance • Prepare CDFI Fund AMIS reporting including QEI Tracking, ILR, TLR, and QEI Closeout Reports • Monitor CDE’s compliance with Allocation Agreement and NMTC application • Analyze CDE’s compliance with IRS regulations including substantially all testing and redemption testing • Prepare and submit required compliance reporting to investors, partners, state agencies and lenders.

Job Requirements

  • Bachelor’s degree in finance, economics, accounting or equivalent work experience
  • Two to four years of related experience (lending, compliance, financial structures, finance, accounting); direct experience with NMTCs is required
  • Proactive in identifying next steps, intellectually curious, ability to focus on both details and the big picture
  • Comfort with reviewing financial statements; comfort reading legal documents a plus
  • Strong mathematical and analytical skills, attention to detail and accuracy in work product are critical
  • Self-starter with ability to problem solve
  • Strong computer skills with basic formula proficiency in Excel
  • Strong written and verbal communication skills
  • This position requires strong time management skills and ability to multi-task, and flexibility to prioritize new demands as they arise.

Benefits

  • This position includes a competitive comp and benefits package.

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