NCB Capital Impact- VP/Loan Accounting/Investor Management

Nature & Scope
This position will provide NCB Capital Impact with Loan Accounting functions and investor reporting expertise for investors and Program loans, as it relates to lending programs, in accordance to Servicing Agreements, Grant Awards and Program guidelines. The individual in this role will: (1) oversee the investor remitting and compliance functions for multiple programs and single investors; (2) manage the cash calls for all programs and investors ; (3) collaborate with Loan Servicing, Closing, Construction Services, Corporate Accounting, and Lending to ensure conformity with program guidelines, investor guidelines, and loan documentation(4) facilitate change by identifying issues, problems and opportunities, by determining whether action is appropriate, and by effectively communicating the importance and need for change (5) independently manage the large and complex NCB Capital Impact products and/or programs.

Responsibilities Include

INVESTOR ACCOUNTING
1. Act as primary contact for its counterpart at other organizations regarding Investor payments and other remittances.
2. Control, review, and analyze all investor loan activity on a regular and on-going basis, to assure loan system accuracy and compliance with participation, servicing agreements and program guidelines. Ensure compliance with all USAP requirements as related to investor bank accounts and investor reporting and compliance.
3. Responsible for the preparation of all investor custodial (P&I, T&I) accounts.
4. Reconciliation of off balance sheet investor related accounts.
5. Enter all investor related GL entries.
6. Assist with and advise on structuring of new programs as it relates to loan accounting system capabilities, policies and procedures.
7. Review and comment on documents for managed loans and programs regarding compliance with existing systems, policies and procedures.
8. Collaborate with NCB Loan Accounting Department as necessary.
9. Process all investor cash calls and sales process of loans being sold into a program or to a single investor.
INVESTOR COMPLIANCE
1. Assist with timely preparation, review and distribution of all management and external third party reports of all managed loans and programs.
2. Initial set-up of new programs on loan accounting system.
3. Keep accurate records and files of all reporting information submitted.
4. Assist Sr. Financial Analyst & CFO with budget and reporting matters related to portfolio and lending programs.

SYSTEMS
1. Work closely with Accounting in the development of new programs. Specifically on how to use current systems to manage and accurately report required financial information.
2. Represent NCB Capital Impact's current and future system needs on multiple cross family committees and projects.
3. Maintain up to date policies and procedures for all managed programs.

NEW MARKETS TAX CREDITS

1. Cascade funds at closing to ensure accurate documentation of QEI and QLICI are made per IRS requirements.
2. Push CDE and Investment Fund monies adhering to guidelines in the various operating agreements, servicing agreements, and IRS regulations.
3. Manage on average 4 cash accounts per deal.
4. On fully funded QEI construction deals, manage the debt service payments on lower tier loans, the reconciliation and senior management reporting on project funds. Track availability of debt service reserve balances approximating remaining number of payments available.
5. Create and maintain compliance folders for each deal.
6. Keep the CDE in compliance with the Equity and Leverage lenders in the transaction.

Minimum Qualifications
BA/BS degree; 10 years relevant work experience in accounting; loan accounting, lending/servicing operations, and compliance. Exposure to New Markets Tax Credit programs a plus.