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PCDC seeks highly qualified candidates who aspire to be leaders in their field and who have a passion for primary care. We look for candidates with relevant work experience and a proven track record for success. Above all, we value commitment to our mission of catalyzing excellence in primary care. Come work with us and see our impact!

The Primary Care Development Corporation (PCDC) is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, gender, gender identity or expression (including transgender status), sexual orientation, national origin, ancestry, citizenship status, age, disability or handicap, veteran status, marital status, pregnancy, genetic information or any other characteristic protected by applicable law.

The following opportunities are available. For questions, please contact hr@pcdc.org.

 

New Markets Tax Credits (NMTC) Manager

The Opportunity
Primary Care Development Corporation is seeking a New Markets Tax Credit (NMTC) Manager to play a central role in managing our growing portfolio of NMTC investments in community-based healthcare providers. The NMTC Manager will be responsible for overseeing PCDC’s compliance with the US Department of Treasury’s CDFI Fund NMTC program requirements throughout the sourcing, origination, underwriting, structuring, closing, and asset management of NMTC transactions. The NMTC Manager will report to the Chief Credit Officer.

The Manager’s responsibilities include, but are not limited to:

  • Oversee all stages of the NMTC financing process and provide compliance guidance to the Capital Investment team staff, from evaluating potential borrowers and projects, conducting initial NMTC eligibility and compliance tests, evaluating NMTC projections, structuring transactions, drafting credit proposals, ensuring ongoing compliance throughout the seven-year compliance period and through the unwind in accordance with NMTC program standards
  • Review and summarize relevant partnership agreements, operating agreements, loan agreements and related documents for compliance and reporting requirements
  • Manage periodic investor distributions to ensure compliance with partnership agreements and tax credit regulations.
  • Maintain a thorough and up-to-date understanding of the tax and compliance requirements related to NMTC and monitor developments in the industry related to tax credit compliance. Disseminate knowledge to colleagues to inform Capital Investment practice and PCDC’s NMTC program.
  • Manage and coordinate the preparation of the NMTC application with Capital Investment and Finance teams and consultants
  • Identify and recommend process and system improvements as they relate to all aspects of NMTC compliance and reporting
  • Manage reporting to the CDFI Fund; maintain timely entries in AMIS through all stages of NMTC transactions from closing to unwind and close out, and annual and interim CIIS reporting
  • Manage the preparation of periodic investor reports
  • Monitor and coordinate disbursements to ensure program compliance
  • Maintain a culture of quality customer service at all points of contact with internal and external clients, Capital Investment team, staff, board and committee members, lending partners and professionals.
  • Cultivate and maintain strong relationships with current and future borrowers, key stakeholders, and partners
  • Ensure efficient and productive communication and coordination with the Chief Credit Officer, Chief Lending Officer, and the Capital Investment team staff to ensure sound compliance practices

Candidate Profile
The ideal candidate will have the following professional and personal qualities, skills, and characteristics:

  • Minimum of three years lending experience in community development and/or community facility financing, preferably with a CDFI or other community development lender
  • Demonstrated experience in program management, financial analysis, and compliance monitoring
  • Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
  • In-depth knowledge of lending products and services, compliance or monitoring for complex tax credit transactions (ideally NMTC or LIHTC)
  • Knowledge of, or commitment to, the healthcare industry and primary healthcare
  • Strong oral and written communication skills
  • Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
  • Self-motivated, with a positive attitude
  • Experience reading and understanding complex legal documents, nonprofit financial statements, and NMTC projections
  • Outstanding interpersonal skills, ability to communicate and representing PCDC externally
  • High degree of self-motivation and ability to work independently
  • Excellent teamwork and strong time management skills are essential

Compensation
PCDC offers a competitive salary and a comprehensive benefits package.

Contact
The Primary Care Development Corporation (PCDC) has engaged Koya Partners to help in this hire. Please submit a compelling cover letter and resume to Erin Reedy and Christy Farrell here.

Loan Officer, Business Development

The Opportunity
Primary Care Development Corporation is seeking a Capital Investment Loan Officer, Business Development, to play a central role in the growth and expansion of PCDCs lending business nationally. The Loan, Officer, Business Development will be responsible for cultivating relationships, building pipeline, and structuring loans and New Markets Tax Credit (NMTC) transactions, working closely with colleagues in the Capital Investment team. Primary responsibilities include: identifying viable opportunities, developing capital solutions, structuring terms, coordinating due diligence; analyzing financial statements; performing the initial analysis; preparing and presenting proposals to the Chief Lending Officer and Chief Credit Officer. The Loan Officer, Business Development will partner internally to support the achievement of budgeted goals, contribute to process improvements, develop networks, and ensure transactions conform with PCDC’s impact and credit standards. The Loan Officer, Business Development will report to the Chief Lending Officer.

The Loan Officer, Business Development is accountable for loan origination activities, including sourcing, cultivating, structuring, and analyzing transactions. Responsibilities include, but are not limited to:

  • Identify opportunities and cultivate relationships across the spectrum of community health practices supported by PCDC’s lending program through the U.S. with emphasis on PCDC’s target geographic markets
  • Engage with clients to understand needs and develop effective financing solutions to meet those needs and conform to PCDC impact and credit standards.
  • Develop prospects and build pipeline of viable financing opportunities that meet short-term and long-term team and enterprise goals and strategy.
  • Work with borrowers through all stages of the financing process, from sourcing new clients and projects, assessing the viability of potential borrowers and projects, conducting financial analyses, and structuring loans and NMTC, preparing and presenting credit proposals, and negotiating financing solutions in accordance with credit policy and guidelines.
  • Develop and maintain knowledge of PCDC target geographic markets and identify evolving trends, risks and opportunities. Disseminate knowledge to colleagues to inform Capital Investment practice.
  • Cultivate and maintain strong relationships with current and future borrowers, key stakeholders, and partners.
  • Ensure efficient and productive communication and coordination with the Chief Credit Officer and the portfolio management staff to ensure sound risk and asset management practices.

Candidate Profile
The ideal candidate will have the following professional and personal qualities, skills, and characteristics:

  • •Minimum of five years lending experience in community development and/or community facility financing, including underwriting and administration of construction loans, preferably with a CDFI or other community development lender
  • Experience in real estate development or health care financing preferred
  • Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
  • In-depth knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit risk management
  • Knowledge of, or commitment to, the healthcare industry and primary healthcare
  • Record of successful business development
  • Strong oral and written communication skills, including experience speaking publicly
  • Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
  • Self-motivated, have a positive attitude, and be enthusiastic to work in a start-up and entrepreneurial environment
  • Ability to travel throughout the U.S., including a valid driver’s license
  • Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred
  • Strong financial analysis skills, particularly with nonprofit accounting
  • Strong communicator and relationship builder with the ability to forge deep community relationships
  • Experience in building, managing, and deepening client relationships.
  • Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
  • High degree of self-motivation, creativity, and flexibility
  • Excellent teamwork and strong time management skills are essential.

Compensation
PCDC offers a competitive salary and a comprehensive benefits package.

Contact
The Primary Care Development Corporation (PCDC) has engaged Koya Partners to help in this hire. Please submit a compelling cover letter and resume to Erin Reedy and Christy Farrell here.

Impact Investing, Underwriter

The Opportunity
Primary Care Development Corporation is seeking a Capital Investment Underwriter to play a central role in the growth and expansion of PCDCs lending business nationally. The Underwriter will be responsible for overseeing the underwriting and closing process for loans and New Markets Tax Credit (NMTC) transactions, providing technical assistance to Capital Investment staff and underwriting specific transactions, working closely with the Chief Credit Officer and Chief Lending Officer. The Underwriter will partner internally to support the achievement of budgeted goals, contribute to process improvements, and ensure transactions conform with PCDC’s impact and credit standards. The Underwriter will report to the Chief Credit Officer. The Underwriter of PCDC is accountable for leading and overseeing the underwriting and closing of loan and NMTC transactions.

Included responsibilities but not limited to:

  • Work with borrowers through the underwriting and closing processes, assessing the viability of potential borrowers and projects, performing financial analyses and due diligence, structuring loans and NMTC, preparing and presenting credit proposals, and negotiating financing terms in accordance with credit policy and guidelines.
  • Maintain knowledge of PCDC target geographic markets, particularly New York State and Los Angeles County, and trends in these markets and the national footprint. Disseminate knowledge to colleagues to inform Capital Investment practice.
  • Maintain good working knowledge of the PCDC’s lending policies and procedures and identify exceptions to credit policy
  • Structure transactions appropriately that meet client’s needs and PCDC credit standards and program requirements
  • Prepare commitment letters and loan and NMTC documentation in accordance with policy and committee approvals
  • Lead the closing process for approved loans and NMTC financing including the negotiation and drafting of legal documents and coordination of closing due diligence from loan officers, borrowers, counsel, and deal team partners and professionals
  • Prepare comprehensive, thorough, and in-depth written analysis of loan and NMTC financing and present written and oral recommendations to the Chief Credit Officer and loan committees
  • Provide technical assistance to Capital Investment team members including structuring assistance, underwriting and closing support, and guidance to ensure compliance with PCDC’s underwriting criteria and NMTC program requirements
  • Perform comprehensive underwriting of loan and NMTC transactions, including structuring, conducting due diligence and financial analyses, and preparing credit recommendation memos
  • Ensure effective and productive communication and coordination with Capital Investment staff to ensure efficient processes and sound risk and asset management practices

This position will be 100% remote (working from home) during the COVID-19 pandemic. Once PCDC’s workforce returns to the office this role can remain remote with periodic travel to New York.

Candidate Profile
The ideal candidate will have the following professional and personal qualities, skills, and characteristics:

  • Minimum of five years lending experience in community development and/or community facility financing, including underwriting and administration of construction loans, preferably with a CDFI or other community development lender
  • Experience in real estate development or health care financing preferred
  • Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
  • In-depth knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit risk management
  • Knowledge of, or commitment to, the healthcare industry and primary healthcare
  • Strong oral and written communication skills, including experience speaking publicly
  • Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
  • Self-motivated, have a positive attitude, and be enthusiastic to work in a start-up and entrepreneurial environment
  • Ability to travel throughout the U.S., including a valid driver’s license
  • Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred
  • Strong financial analysis skills, particularly with nonprofit accounting
  • Strong communicator and relationship builder with the ability to forge deep community relationships
  • Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
  • High degree of self-motivation, creativity, and flexibility
  • Excellent teamwork and strong time management skills are essential.

Compensation
PCDC offers a competitive salary and a comprehensive benefits package.

Contact
The Primary Care Development Corporation (PCDC) has engaged Koya Partners to help in this hire. Please submit a compelling cover letter and resume to Erin Reedy and Christy Farrell here.