Community Development Finance Specialist

1 week ago

Dindigul, Tamil Nadu, India beBeeInvestment Full time ₹ 9,00,000 - ₹ 12,00,000

Key Job Responsibilities:

  • We are seeking a detail-oriented and proactive investment professional to provide critical administrative support to our New Markets Tax Credit (NMTC) team.
  • This role is ideal for someone who is interested in gaining hands-on experience in community development finance and supporting impactful projects that benefit underserved communities.

Transaction Support:

  • The coordinator will assist with transaction closings, organizing checklists, tracking deliverables, and coordinating internal and external schedules.
  • They will help maintain deal folders, data rooms, and filing systems to ensure all documentation is accurate and up-to-date.
  • Document transaction milestones for internal records.

Team Operations & Communications:

  • The NMTC group email inbox will be monitored and managed by the coordinator, ensuring timely routing and responses to incoming requests.
  • Reporting documents received from borrowers will be organized in SharePoint according to protocols.
  • Schedule meetings and coordinate calendar invites for internal and external stakeholders.
  • Assist with document drafting, including cover letters, signature pages, and basic templates.
  • Participate in the assessment of policies and procedures to continually improve process efficiencies.

Compliance & Reporting:

  • Maintain Smartsheet for compliance deadlines, reporting periods, and process improvements.
  • Collect and organize compliance documentation from project sponsors, including compliance certificates, community impact reports, and financial statements.
  • Follow up with project contacts on late or incomplete reporting to ensure timely submissions and maintain compliance with NMTC requirements.
  • Assist with the preparation of annual investor and CDFI Fund reports.

Core Competencies Include:

  • Excellent communication, organizational, and interpersonal skills, as well as the ability to work under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow-up.
  • Bachelor's degree preferred, or equivalent work experience in finance, real estate, project management, nonprofit, or administrative support roles.
  • Strong organizational skills with excellent attention to detail.
  • An effective communicator with the ability to be client-facing with a professional and responsive email and phone manner.
  • Proficiency in Microsoft Office (especially Outlook, Excel, Smartsheet, and Word); familiarity with file-sharing platforms preferred.
  • Eagerness to learn about community development finance, NMTC, or impact investing.

Preferred but Not Required:

  • Review and assist in the underwriting of proposed investments.
  • Manage a portfolio of investments, including reviewing construction draw requests, assessing the financial performance of borrowers, conducting annual outreach interviews with borrowers, and corresponding regularly with borrowers displaying signs of weakness and increased risk.

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