Asset Management Analyst

Job Title: Asset Management Analyst

Position Type/Department: Partner Services

Reports To: Senior Vice President

Who We Are 

Advantage Capital is a unique impact investor whose mission is to bring businesses and jobs to communities that have historically lacked access to investment capital. Since 1992, Advantage Capital has invested more than $3.1 billion in over 800 companies, spanning a diverse array of industry sectors and covering the entire risk spectrum. The firm has built a strong and successful track record of public-private partnerships with state and federal economic development organizations, creating over 50,000 permanent, well-paying jobs and facilitating the subsequent flow of billions of dollars of investment capital into communities that are underserved by traditional sources of capital.

The Partner Services (ACPS) business line provides advisory services for participants in economic development programs familiar to Advantage, particularly the New Markets Tax Credit program, helping those businesses and investors accomplish their programmatic goals around permanent job growth through small business finance. To date ACPS has helped our partners invest over $550 million in capital in operating businesses, creating nearly 6,000 permanent, quality jobs through those investments to date.

Our Culture

We love what we do. We fundamentally believe that capital can change lives and we go to great lengths to give our firm the opportunity to reach the hardest hit communities in the U.S. with much needed investment. For anyone considering joining our high – performing firm, know that we value: a growth mindset (never fixed), a fast but enduring work pace (rarely slow), the ability to work autonomously (no micromanaging), getting things done (talk is cheap), an all-hands-on-deck culture (a true team), a love of hard-to-solve problems (that others won’t attempt), and the character to do the right thing (always).

Job Purpose:

ACPS is seeking a highly motivated individual to join our team in one of our nationwide offices. The Asset Management Analyst will assist in financial review and compliance administration for a portfolio of investments. This position involves a working knowledge of lending, financial analysis, basic financial statements and covenant testing.

The Analyst will develop a comprehensive understanding of the New Market Tax Credit Program.  This role will involve interaction with all parts of Advantage Capital, including ACPS, Accounting, Compliance and Investment teams, as well as our external clients. Candidates are expected to have outstanding written and verbal communication skills and a strong record of leadership accomplishments.

Responsibilities:

Asset Management Support

• Collection and review of borrower and partner financial statements and compliance reporting
• Monitor cash flows and assist with loan servicing, disbursing and distributions
• Track and update financial models
• Monitor and track the portfolio’s loan performance and compliance with loan agreements and program requirements, prepare reports for management review
• Assist with validation and presentation of impact reporting to internal and external stakeholders
• Coordinate required reporting to investors, partners, state agencies and lenders
• Interacting and building relationships with partners, banks, and investors

Transaction Support

• Assist with onboarding of new investments
• Document management, as needed

General Analysis and Department Support

• Prepare internal analysis and ad hoc presentations and projects, as requested
• Collaboration and support across departments

Skills/Qualifications:

• 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 or other tax credit programs is a plus
• 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 is critical
• Self-starter with ability to problem solve
• Strong computer skills with basic formula proficiency in Excel
• Strong written and verbal communication skills

Compensation:

This position includes a competitive comp and benefits package.

 Location:

Position is available in any of our office locations (St. Louis, New Orleans, New York City, Austin or Hanover). ACPS would consider remote work for someone with sufficient NMTC experience.