3. Leading internal discussions on modifying , restructuring, and working out loans needing amendment and/or experiencing repayment delays, including flexibly applying LISC's existing underwriting guidelines to such loans
4. Taking a lead role - with the assistance of LISC's local program staff and LISC's Legal Department - in external negotiations of loans needing amendment and/or experiencing repayment difficulties
5. Working closely with LISC's Finance and Legal Departments on loan modification issues
9. Minimum five years of experience working at lending institution or financial intermediary (required); experience with loan modifications, restructurings and workouts strongly preferred
11. Ability to work effectively with numerous field offices, senior managers, and internal departments, and to manage multiple assignments simultaneously
![LOCAL INITIATIVES SUPPORT CORPORATION<br />Lending and Loan Monitoring Department (National) <br />Loan Portfolio Monitor<br />Background: <br />Local Initiatives Support Corporation (quot;
LISCquot;
) is a not-for-profit, tax-exempt corporation, headquartered in New York City. LISC provides financial and technical assistance to community-based organizations in thirty urban and rural programs nationwide. These organizations develop affordable housing, community facilities, and commercial projects, as well as undertake a wide range of activities to build sustainable communities that are healthy places for people to live, work and raise a family. LISC is the nation's premier national non-profit intermediary, providing comprehensive support for neighborhood revitalization and the strengthening of the community development industry.<br />Position:<br />LISC's Lending Department is seeking to hire a Loan Portfolio Monitor (LPM). The LPM will have responsibility at National LISC for the ongoing review and monitoring of LISC's outstanding loan portfolio. <br />The duties of this new position at LISC include: <br />Loan Monitoring Committees <br />,[object Object]](https://image.slidesharecdn.com/localinitiativessupportcorporationjobposting-110321121537-phpapp02/85/Local-Initiatives-Support-Corporation-1-320.jpg)
![Ensuring that field staff understand National LISC's loan monitoring expectations, and briefing staff on an ongoing basis on the protocols and procedures needed to meet these expectations Loan Modification- Restructuring and Workout <br />,[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)