We use cookies. Find out more about it here. By continuing to browse this site you are agreeing to our use of cookies.

Job posting has expired

#alert
Back to search results
Remote

Analyst, Sponsor Resolution

Enterprise Community Partners
$$85,000 to $95,000,
tuition reimbursement, 401(k)
United States
Dec 02, 2024

Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with anexceptional benefits package.

Job Description Summary

The Analyst, Sponsor Resolution will review and assess the fiscal condition of affordable housing sponsors, developers, and guarantors whose developments various financing programs. The person filling this role will work in a fast-paced environment within the Asset Management Department and in support of Enterprise's Sponsor Resolution activities. Responsibilities require the application of the individual's expertise with corporate and individual financial statements to evaluate the ability of sponsors and guarantors in transactions to meet their ongoing performance and financial obligations. The Sponsor Resolution team in Asset Management is responsible for actively managing risks to Sponsors in our national portfolio by performing duties such as conducting Sponsor assessments, monitoring Sponsor health, analytical problem-solving, strategic engagement with the stakeholders of their portfolio of assets with a high degree of customer service, while gathering and sharing information from a diverse array of markets and programs.

Job Description

Responsibilities:

The Analyst, Sponsor Resolution will:

  • Create and maintain reports and dashboards to track key performance indicators (KPIs) and identify trends and areas of risk for Sponsors.
  • Review financial statements and prepare multi-year financial analysis spreadsheets for Sponsors/guarantors.
  • Identify salient characteristics brought to light from the financial analysis spreadsheet, communicate findings, and recommend follow-up items to the Director/Sr. Director, Sponsor Resolution; focus on identifying strengths and vulnerabilities in a developer's financial condition, ongoing viability, and ability to support guarantees.
  • Throughout the Sponsor analysis, facilitate internal communication, track Sponsor resolution progress, and document feedback and decision-making.
  • Communicate directly with representatives of sponsors/guarantors, when needed, to better understand the information provided.
  • Comply with policies and procedures established to protect sensitive material submitted by sponsors and guarantors.
  • Assist in creating and updating financial review policies and procedures, including those related to safeguarding financial documents provided in support of the reviews.
  • Perform other special tasks as assigned.

Qualifications:

  • Bachelor of Science Degree in Accounting, Finance, or equivalent and 2+ years of experience required.
  • Directly related experience in auditing and/or financial analysis of real estate development companies and non-profits.
  • Excellent analytical skills.
  • Some knowledge of LIHTC equity underwriting or other real estate feasibility analysis preferred.
  • Effective written and verbal communications skills.
  • Ability to maintain positive, productive working relationships with co-workers and outside partners.
  • Proven capacity to independently coordinate complex activities, prioritize conflicting demands, and meet deadlines.
  • High levels of motivation and ethics.
  • Seeks opportunities to improve current systems/processes/tools, understanding that innovation is valued in our culture.
  • Ability to have flexibility with work schedule.
  • Able to travel as necessary to accomplish the goals for the position.

Physical Demands/Working Conditions:

  • Ability to climb stairs offsite at project sites.
  • When visiting project sites, incumbent may be exposed to varying environmental conditions (e.g., outdoor weather, dirt, dust, and other construction work site hazards).
  • Valid driver's license required.

Total Rewards at Enterprise:

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $$85,000 to $95,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications. Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

#LI-JW1 #ID

(web-86f5d9bb6b-6h2fq)