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Managing Director, Client Services (Loan Servicing)
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New Mexico Finance Authority
Remote
$100,000 Salary, Full-Time
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Job Description
Managing Director, Client Services The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a qualified individual for the Managing Director, Client Services position. Works with credit-underwriting to communicate with clients to determine financial capacity of various revenue streams and viability of projects; determine project readiness for conditions needed for closing; and determine eligibility, terms, and readiness-to-proceed of applicants. Makes recommendations to approve, deny, or modify applications based upon applicant's financial condition. Monitors loan processes and applications to determine compliance with program rules and policies; reviews official statements for outstanding bond issues; makes requests to borrowers and agencies for updated financial information. Has a full understanding of the analysis of project applications; reviews applicant financial documentation, including three-year history of budgets and financial statements; matches revenue pledges with gross revenue projections; performs analysis of financial history to determine viability of revenue pledges and projections; reviews tax collection history, legal documents, and project support materials; evaluates project impact on existing debt structure; and evaluates existing bond ordinances and loan documents. NMFA is New Mexico's partner in building economic prosperity and stronger communities. The ideal candidate will have a bachelor's degree and a minimum of eight years of experience in fund accounting, financial analysis, or budget management, five years of which should be in local or state government. Knowledge of New Mexico government financial management methods is desired. An understanding of tax codes, bonding issues and procedures as well as a clear understanding of audit processes, legislative practices, and cash flow analysis methods are essential. Proven leadership managing teams of lending professionals and support staff is preferred. This position reports to the CFO. Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority, via email at nmccollum@nmfa.net.