Title: Manager, Investor Reporting

Employee Status: Full Time, Exempt

Salary: Grade 4

Starting range of $75,000 - $96,000

Reports to: VP of Operations, Capital Solutions

Department: Capital Solutions

Location: Chicago, IL

Hybrid: In office: T/W | WFH: M/Th/F

Basic Job Function

The Manager of Investor Reporting, Capital Solutions will lead investor compliance, and reporting for IFF's lending activities. This includes compliance with grant programs administered through the CDFI Fund, including Capital Magnet Fund as well as other funder relationships connected to the Capital Solutions Department, e.g., FHLB-Chicago and impact investors. The Manager of Investor Reporting is responsible for monitoring and best ensuring compliance at key milestone dates and throughout the life of funder commitments, in addition to staying abreast of Compliance and Monitoring guidance by the CDFI Fund.

Core Responsibilities:

1. Manage Investor Compliance and Reporting

• Review all finalized investments and document upcoming reporting requirements
• Monitor upcoming reports due and draft all investor reports for submission by due dates.
• Work to ensure quality of data in external and internal reports in partnership with Financial Analytics and Capital Solutions.
• Work collaboratively across the enterprise to meet objectives efficiently and effectively.
• Implement audit-ready loan-level file systems meeting the requirements of each program.

2. CDFI Certification and Compliance

• Lead annual recertification process.
• Monitor loans to meet Target Market requirements.
• Prepare and submit the Annual Certification Report, ensuring all key IFF parties adhere to the submission deadline.
• Monitor accountability to the Target Market, as defined by the CDFI Fund, advising management on approaches to ensure continuous compliance.
• Coordinate with system users and the Data team to ensure IFF databases collect all data points required for Certification, enabling accurate, real-time reporting.
• Ensure timely submission of all CDFI compliance reports.
• Facilitate discussion sessions with IFF's accountability body, our Community Advisory Committee, to gather input on our lending strategy and policy for the board

3. Impact Investments Compliance

• Maintain knowledge of all active impact investments and an understanding of the funding deployment requirements for each investment.
• Attribute loans to impact investments, ensuring alignment with investor goals
• and investment requirements. c. Oversee reporting to impact investors, coordinating with other internal teams to prepare impact reports.

4. Maintain required job knowledge and skills and core professional competencies. Attend and participate in required educational programs and staff meetings.

5. No job description can be entirely comprehensive, and the jobholder will be expected to carry out such other duties as may be required from time to time and are broadly consistent with the job description and status of the position within the organization.

Performance Measures:

1. Successful implementation, compliance, and monitoring of IFF's loan program with corresponding funder requirements, including successful and timely CDFI recertification.

2. Timely and accurate tracking and communication of department deployment goals with a high level of internal customer satisfaction.

3. Identify and recommend solutions to opportunities and issues relating to funder program compliance.

4. Successful coordination and cooperation with other IFF teams, including Real Estate Solutions and Social Impact Accelerator to support broader IFF business objectives.

5. Cultivates a culture of openness in information sharing. Encourages open communication, cooperation, and the sharing of knowledge.

6. Models personal accountability that promotes ownership and engagement.

7. Builds and maintains effective working relationships with colleagues, peers and team members.

8. Values and supports differences in others, contributing to an inclusive work environment. Demonstrates the ability and willingness to communicate effectively with people of diverse backgrounds and experiences to create a collaborative, collegial, and caring community.

9. High level of satisfaction with both internal colleagues and external contacts.

Position Qualifications:

Education : Bachelor's in business, accounting, finance, community development, or related fields

Previous Experience : Minimum of two years of experience in banking, commercial real estate lending, community development, portfolio management, or nonprofit management. Knowledge and experience with compliance with regulatory and/or funder commitments.

Special Knowledge & Skills : Knowledge of community development principles, real estate finance and development, and affordable housing are preferred; good interpersonal and managerial skills; high-level written and oral communication and presentation skills, experience in formal presentations. Experience with community development and structured finance programs (such as NMTC), and a network of contacts with nonprofits, government, and lending agencies is a plus.

Additional Requirements :

Some but infrequent travel across the Midwest; occasional evening and weekend work.

Standard Benefits:

Medical, dental, and vision insurance

Paid time off

401(k) retirement plan with employer contribution

Life Insurance

Short and long term disability

Work-Life Balance Benefits:

Hybrid workplace

Summer Fridays

Employee Development Benefits:

Professional development stipend

Mentorship program

Miscellaneous:

Wellness programs

Employee assistance

Referral Bonuses

IFF does not offer the following:

• relocation package
• 100% remote
• provide sponsorship to applicants who require or will require a work permit.

Check off only some boxes in the requirements listed above. Studies have shown that marginalized communities - such as women, LGBTQ+ and people of color - are less likely to apply to jobs unless they meet every qualification. So, if you're excited about this role, we encourage you to apply.

Application Instructions: Please visit the Careers section of our website to apply online.