Senior Director, Sponsor Resolution
7 days ago
Enterprise Community, Inc. is seeking a highly skilled and experienced professional to fill the role of Senior Director, Sponsor Resolution. This position will be responsible for leading a team of professionals in actively managing risks to Sponsors in our national portfolio. The ideal candidate will have a strong background in real estate, finance, and property management, with experience in LIHTC and a proven track record of success in managing complex issues and problems.
Key Responsibilities:
- Lead and develop a team of professionals to deliver high-quality work products and excellent customer service.
- Work with senior management to develop team goals and staffing plans for professional development and training.
- Support the Sponsor Resolution team in building processes and tools that are applied consistently across Sponsor assessments.
- Manage a portfolio of Sponsor relationships and assist in working through complex issues and problems.
- Conduct Sponsor assessments by attending site visits, reviewing REO, organizational structure, and property management systems.
- Ensure critical tracking and maintenance of information, including Sponsor assessments and internal/external engagement.
- Provide guidance and recommendations for the use of sponsor-level Troubled Project Support, Enterprise Workout Loans, and Project Performance Reserves.
- Coordinate with peers and the Director to respond to ad hoc senior management/investor requests and portfolio questions.
Requirements:
- Bachelor's degree or equivalent in Business, Public Policy, Urban Planning, or related discipline.
- 12-15 years of real estate, finance, and/or property management experience, with LIHTC experience preferred.
- Management experience and strong leadership skills.
- Extensive knowledge of LIHTC and ability to advise others in LIHTC program regulations.
- Strong Excel and Database skills, with Salesforce experience a plus.
- Familiarity with various subsidy and grant programs.
- Strong real estate financial and analytical skills, including underwriting/deal structure, comparative analysis, audit review, and identification of underlying performance issues.
- Ability to lead groups of diverse stakeholders through project-level discussions.
- Strong negotiation skills and ability to work through complex issues.
- Ability to work independently and multi-task with competing deadlines.
- Possesses critical thinking skills and ability to make decisive recommendations.
- Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
Total Rewards at Enterprise:
Enterprise offers a comprehensive total rewards package for you and your family, including a competitive salary range of $165,000 to $205,000, depending on level of skills and experience. The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position. Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance. The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.
At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care. Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits. We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions. Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications.
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