Portfolio Management Intern
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About the Position
As a Portfolio Management Intern, you will support CRF’s mission to bring capital to underserved communities by helping to manage and analyze loan portfolios including but not limited to multifamily affordable housing projects, SBA 7(a) small business lending, and New Markets Tax Credits. You will work closely with the Chief Credit Officer, Director of Portfolio Management, and Manager of Portfolio Analytics to assist with risk management and portfolio analysis.
The position plays an essential role in monitoring the current financial performance and future growth potential of small business borrowers across the country. Your work will deepen our understanding of borrowers and the communities we serve.
The internship will start late May through mid/late August.
Key Responsibilities & Accountabilities
- Analyze financial statements of various businesses, projects, and community facilities including charter schools.
- Perform annual and periodic loan reviews, including financial condition and performance of obligors, compliance with loan requirements, property inspection requirements, and other factors to recommend a risk ranking and loan loss provision levels.
- Portfolio analysis as needed.
- Miscellaneous projects relating to Credit and Asset Management activities.
About You
- Current student in college, preferably a rising junior or senior
- Ideal areas of study include accounting, finance, economics, mathematics or other related fields
- Proficiency in Microsoft Excel. Familiarity with Pivot Tables, VLOOKUPS, AutoFilters and other functions is helpful but not required
- Experience in analyzing financial statements is helpful but not required
- Prior employment experience desired
- Ideal attributes include ability to manage deadlines, excellent organizational skills, ability to work independently and efficiently, exceptional attention to detail and flexibility
- Interest in supporting CRF’s mission is desired
Candidates must reside in and be authorized to work in the United States without sponsorship.
CRF is headquartered in Minneapolis, Minnesota. For a more detailed description of the incredible work we do, how we do it, and who we are, please visit www.crfusa.com.
What We Offer
- Most positions offer flexibility for remote work
- Health, dental, and vision insurance
- 401K with a 5% match – eligible to participate after 6 months
- Paid Time Off (PTO)
- Hybrid Reimbursement Program
- Educational Assistance
- Long-Term and Short-Term Disability
- Life Insurance
- 10 Federal Holidays plus 2 Floating Holidays
How to Apply
Founded in 1988, Community Reinvestment Fund, USA (CRF) is a national non-profit organization with a mission to improve lives and strengthen communities through innovative financial solutions. CRF has injected more than $3.6 billion to stimulate job creation and economic development and support community facilities.