Description

This is an exciting opportunity to join the Port Authority’s finance team, reporting to the Chief Financial Officer (CFO). In this role you will develop, grow, and sustain Port Authority lending programs; solicit potential projects and conduct financial analysis needed to facilitate credit extension decisions; and develop relationships with institutional investors to generate funding for project loans.

THE IDEAL FIT

You will be successful in this role by demonstrating that you’re a self-starter with a high level of social and emotional intelligence. A problem-solver who leads by example. A leader who can establish and enforce expectations and responsibilities. And someone who understands lending and public finance and can build relationships with key stakeholders.

PRIMARY RESPONSIBILITIES

Collaborate with management team to develop lending program growth strategy; develop and execute strategic lending initiatives; implement processes to generate higher productivity and revenues; and work with State/Federal agencies to obtain funding for strategic initiatives

• Manage the representation of lending strategies and programs to a range of audiences;cultivate relationships with investors; communicate with current and potential customers to promote lending programs; and collaborate with community partners to develop project pipelines
•  Underwrite loan applications, conduct complex financial analysis, and negotiate terms with borrowers; present credit recommendations to internal and Board credit committees; review final loan documents and monitor loan activity to ensure timely payments and enforce covenants; and ensure program compliance with regulatory agencies and funders
•  Monitor trend analysis on portfolio performance; oversee required agency/funder reporting; provide periodic loan program progress reports to stakeholders; make recommendations for improved underwriting and loan policies and practices,
•  Manage Port Authority debt portfolio including coordination of project teams for the issuance of new debt and/or restructuring of existing debt

Requirements

• Bachelor’s degree in finance, business, or related fields
• Seven or more (7+) years of job related experience

Please note: We will consider candidates with a comparable combination of experience and education.