Title: Loan Portfolio Manager

Division: Loan Fund Division

Supervisor: Senior Portfolio Manager

Term: Full-time, Exempt

Location: Washington, DC


Nonprofit HR has been exclusively retained to seek Housing Assistance Council’s next Loan Portfolio Manger. The Portfolio Manager is responsible for the overall asset management and reporting for an assigned portfolio of loans made to entities engaged in affordable housing activities in rural communities throughout the United States. He/she performs a range of lending activities – closing, disbursement, monitoring, and servicing single- and multifamily housing development loans – in the Housing Assistance Council’s (HAC’s) Loan Fund Division.

Reporting relationship

The Portfolio Manager reports directly to the Senior Portfolio Manager and works with the Loan Fund Director, other Portfolio Managers, Senior Loan Officer, Underwriters, and SHOP Program Manager to meet lending goals and objectives. He/she communicates with borrowers, third-party lenders, attorneys, title companies, other HAC divisions, and other external parties, as appropriate.

Duties and Responsibilities

Asset Management

  • Loan Closing, Disbursements, and Payments – Prepare and review loan closing documents (e.g., loan agreement, promissory note, deed of trust) and disbursement packages. Provide instructions to closing agents/attorneys, borrowers, and third-party entities. Provide repayment and collateral release information, as requested, from borrowers and closing/title agents.
  • Loan Monitoring – Conduct ongoing asset management of an assigned portfolio of housing and other loans, including developing a relationship with each borrower and conducting regular loan monitoring reviews. Prepare portfolio reviews for each loan on a regular schedule to review overall asset quality, including performance against original underwriting expectations. Such reviews evaluate information including borrowers/sponsor financial statements, rent rolls, project status reports, and overall analysis of the credit condition of the borrower/sponsor.
  • Site visits – Conduct regular onsite reviews and prepare site visit reports for loans in his/her portfolio in accordance with HAC Loan Fund policies and procedures. Site visits require domestic travel and overnight stays.
  • Loan Extensions and Modifications – For loans where the borrower is seeking an extension or modification, work closely with the borrower to provide a preliminary assessment of the necessity and feasibility of such extension or modification, and communicate with the Senior Portfolio Manager and/or Loan Fund Director. Conduct an analysis of the credit and project feasibility and make recommendations as to the extension or modification of terms and conditions, if deemed appropriate.
  • Non-performing Loans – Provide support, as requested, to the Senior Portfolio Manager and/or Loan Fund Director in managing non-performing loans, including but not limited to conducting site inspections, appraisal reviews, and borrower or project financial analysis.
  • Customer Service – Maintain a positive and professional relationship with borrowers and partners (e.g., third-party lenders, attorneys and other external parties) by responding promptly to any and all requests in a responsive, consistent, accurate manner.
  • Policies and Procedures – Understand, comply with, create and recommend updates to the policies and procedures related to the portfolio management and lending functions.


  • Report on the assigned portfolio, including and not limited to assessing asset quality, industry and market, asset allocation, loan loss reserves and non-performing loans.
  • Communicate orally and make presentations to HAC’s Loan Committee and/or Board of Directors related to asset management responsibilities.


  • From time to time have an opportunity or be required to work on miscellaneous projects and initiatives related to either the lending functions or across the organization as needed.




  • Undergraduate degree or two years related work experience in a financial lending or real estate development entity.
  • Experience with loan, legal, and collateral documentation.
  • Excellent organizational skills, strong attention to detail, and ability to prioritize and manage multiple tasks/projects and meet deadlines.
  • Excellent analytical and problem-solving skills.
  • Computer aptitude, including knowledge of Microsoft Office Suite programs and other database software.
  • Ability to effectively communicate, verbally and in writing, and to function professionally with all levels of HAC personnel, business partners, and constituents.
  • Willingness and ability to keep abreast of industry standards, challenges, and changes influencing lending activities.
  • Ability to protect and maintain confidentiality.
  • Willingness to occasionally work long hours including some weekends and evenings.


  • Knowledge of and experience with the affordable housing development process, federal, state, and local housing programs, and public and private financing sources for single- and multifamily rural housing (e.g., LIHTC, HOME, CDBG, USDA Section 502).
  • Knowledge of and experience with standard principles and legal procedures related to real estate transactions, property transfers, and collateral; general understanding of financial transactions, financial statements, and audits.
  • Commitment to social justice issues and interest in rural, low-income housing.


The salary for this position is negotiable based on experience and qualifications. HAC offers an excellent benefits package including health coverage, disability and life insurance, and 403(b) contributions.

Equal opportunity employment information 

HAC is an equal opportunity provider and employer. HAC does not discriminate in hiring or employment practices on the basis of race, color, ethnicity, gender, national origin, age, religion, sexual orientation, disability, marital or familial status, ancestry, or status as a veteran. HAC is committed to maintaining a multicultural work environment. Women and minorities are strongly encouraged to apply.

To apply

Please contact or submit resume, along with salary history and requirements to: Yvonne Rivera, CSP (yrivera@nonprofithr.com, Director, Talent Acquisition at Nonprofit HR.)