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Portfolio Management Intern

Community Reinvestment Fund, USA
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Department: Portfolio Management

Reports to: Director of Portfolio Management

Location: Fully remote or Minneapolis

Salary: Starting at $17.00 per hour

 

Position Summary:

 

As a Portfolio Management Intern, you will support CRF’s mission to bring capital to underserved communities by helping to manage and analyze loan portfolios including but not limited to multifamily affordable housing projects, SBA 7(a) small business lending, and New Markets Tax Credits. You will work closely with the Chief Credit Officer, Director of Portfolio Management, and Manager of Portfolio Analytics to assist with risk management and portfolio analysis.

 

The position plays an essential role in monitoring the current financial performance and future growth potential of small business borrowers across the country. Your work will deepen our understanding of borrowers and the communities we serve.

 

The internship will start late May through mid/late August.

 

Responsibilities:

 

  • Analyze financial statements of various businesses, projects, and community facilities including charter schools.
  • Perform annual and periodic loan reviews, including financial condition and performance of obligors, compliance with loan requirements, property inspection requirements, and other factors to recommend a risk ranking and loan loss provision levels.
  • Portfolio analysis as needed.
  • Miscellaneous projects relating to Credit and Asset Management activities.

 

Qualifications:

 

  • Current student in college, preferably a rising junior or senior
  • Ideal areas of study include accounting, finance, economics, mathematics or other related fields
  • Proficiency in Microsoft Excel. Familiarity with Pivot Tables, VLOOKUPS, AutoFilters and other functions is helpful but not required
  • Experience in analyzing financial statements is helpful but not required
  • Prior employment experience desired
  • Ideal attributes include ability to manage deadlines, excellent organizational skills, ability to work independently and efficiently, exceptional attention to detail and flexibility 
  • Interest in supporting CRF’s mission is desired

 

Company Information:

 

Community Reinvestment Fund USA (CRF) is a national leader in community lending for small businesses, community facilities (non-profits), affordable housing, economic development projects, and contract loan servicing for community lenders. We are a growing, entrepreneurial, non-profit organization working towards providing a positive impact through community job growth. We are a mission-driven company focused on making a difference in communities by delivering access to capital via a portfolio of financial solutions.

 

To learn more about how CRF makes a difference in communities across the United States, visit our website at www.crfusa.com.

 

To apply for this position, please email your resume to recruiting@crfusa.com