Community Development Finance Group - Vice President

Job Description:

Job Title Community Development Finance Group, Vice President

Corporate Title Vice President

Location New York, NY

Overview

Founded in 1990, Deutsche Bank Community Development Finance Group (CDFG) is a

recognized provider of innovative social finance products and initiatives; to date, CDFG has

committed over $3 billion in U.S. community development loans and investments. As the CDFG Vice President, you will play a principal role in originating, structuring, and managing a portfolio of market-based, high impact loans and investments that benefit low- and moderate-income communities and respond to emerging community development needs in the U.S., particularly in New York City. A successful Vice President is passionate about community development and is a demonstrated leader and positive thinking problem-solver, who can manage multiple priorities and transactions while working in close coordination with colleagues and stakeholders. You will also play a central role in the development and execution of CDFG's strategy and be involved in high level of coordination with other members of the CDFG team, a small dynamic unit with multiple roles and responsibilities. You will report to the head of CDFG.

• A diverse and inclusive environment that embraces change, innovation, and collaboration
  
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
  
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
  
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
  
• Educational resources, matching gift, and volunteer programs
  

• Source, structure and negotiate new loans and investments; Manage transaction due diligence; lead transaction calls and site visits; Lead the underwriting and credit approval processes, including preparing and presenting investment memos for consideration by senior bank risk officers
  
• Support timely completion of Know Your Customer (KYC) diligence; Work with counsel to finalize legal documentation to be consistent with approved terms; Liaise with client, counsel, bank operations and CDFG colleagues to ensure that loans and investments are closed and correctly booked
  
• Oversee strong portfolio quality and ensure sound risk and asset management practices; surface and troubleshoot issues in a timely manner; Lead the operational processes and controls for CDFG; provide oversight and support to junior staff; Monitor and assist with day-to-day portfolio management including advances, capital calls, modifications, and extensions
  
• Prepare quarterly and annual credit reviews, including analysis of borrowers' financial and social impact data, and compliance with covenants; Monitor real estate projects during construction/lease-up by maintaining awareness of development progress, appropriateness of draw requests, adequacy of capital sources, cost overruns and availability of contingency; Regularly identify efficiency improvements in all operational aspects of CDFG
  
• Increase visibility of CDFG's work within Deutsche Bank and support the preparation of internal reporting and presentations to other business units and senior management; Support development of internal and external marketing and communications, liaising with the Bank's communications and marketing teams
  
• Help drive CRA outperformance by supporting exam documentation, preparation, and review; Facilitate knowledge transfer, cross-learning and effective teamwork; some supervision of staff may be required
  

• Responsible directly and in collaboration with CDFG team members for leading business development efforts
  
• Develop and maintain relationships with clients and key stakeholders, including non-profits, CDFIs, banks, real estate developers, impact investors, public agencies, and other stakeholders
  
• Identify and explore new loan and investment opportunities; assess financial viability and credit risk, suitability, and alignment with CDFG objectives and business model; Engage with clients and prospects to understand needs and develop financing solutions
  

• Bachelor's degree in finance, economics, or a related discipline; graduate degree in business
  
• Extensive experience in the lending or investing sector, preferably with a CDFI, bank or other financial institution in origination, underwriting or structuring role(s)
  
• Financial and credit analysis skills, including the ability to analyze project financials/proformas, loan portfolios, financial statements, and business plans and to make independent recommendations to senior and credit risk management
  
• Passion for social justice, racial equity and inclusion, economic mobility, community development and/or impact investing sectors administration, urban planning or a related discipline is a plus
  
• Self-motivated with effective time-management skills and ability to manage a diverse and demanding workload with minimal direct supervision
  

• Established working knowledge of NYC community development sector; experience with NYC public and nonprofit sectors is a plus
  
• Experience with commercial real estate finance, investment or development is a plus
  
• Exceptional verbal communication, writing and presentation skills
  
• Strong interpersonal skills, including the ability to work effectively as a member of a small, entrepreneurial, and dynamic team
  
• Detail oriented; An ease with learning new systems/applications and proficiency with Excel & PowerPoint