Review Vacancy
AgencyEmpire State Development, NYS
TitleAsset Manager, Portfolio Management & Project Finance
Occupational CategoryFinancial, Accounting, Auditing
Salary RangeFrom $60000 to $60000 Annually
Minimum Qualifications EDUCATION & REQUIREMENTS:
Education level required: BA/BS.
Relevant experience: 2+ years’ experience in commercial finance, loan administration or banking.
Knowledge Required:
Basic understanding of how loan agreements operate. Must have excellent written and oral communications skills. Expertise with Excel, PowerPoint and Prezi is preferred.
Duties Description BASIC FUNCTION:
Managing ESD’s portfolio of loan and grant projects throughout New York State in terms of financial and employment compliance.
WORK PERFORMED:
•Monitor, track and enforce employment requirements under ESD and New York Job Development Authority’s financial assistance agreements.
•Contact and visit borrowers/grantees that are in default of their agreement, review financials, obtain recommendations from regional offices, and draft recommendations to ESD’s Workout Committee.
•Work with ESD’s grantees and borrowers to structure workouts agreements.
•Prepare write-offs, accelerations and re-amortization memorandums and schedules.
•Negotiate grant repayment options with grantees and draft or modify agreements.
•Enroll new projects into ESD’s Employment database.
•Update and manage the department’s various active financial reports.
•Assume special assignments and related responsibilities as assigned by supervisor.
Additional Comments Salary up to specified amount
Some positions may require additional credentials or a background check to verify your identity.