Rende Progress Capital
Rende Progress Capital (RPC) is a racial equity focused Loan Fund and an emerging Community Development Financial Institution promoting economic equity to Excluded Entrepreneurs [African-American, Hispanic/Latino, Asian-American, Native American and Immigrants who face barriers to conventional lending due to bias and other market realities] through racial equity commercial lending to their businesses. RPC integrates practices of inclusion, racial equity and cultural competency into our financial services and programs for Excluded Entrepreneur borrowers.
RPC is committed to ensuring that employees, vendors, allies and financial institution partners from all backgrounds and cultures are central to the mission of RPC. Therefore, the RPC diversity, inclusion and equity statement affirms that our hiring practices, contracting, workplace policies, partnerships and board recruitment are inclusive of ethnic, racial, cultural, gender, age, religious, disability, family status, sexual orientation and socio-economic diversity.
Associate Partner for Portfolio
RPC is pleased to announce and post this exciting opportunity and position of Associate Partner for Portfolio. For those interested in joining the RPC team as a team leader, portfolio management and the Associate Partner for Portfolio are important, impactful and fulfilling responsibilities for our loan portfolio performance, health, risk-management and success of our Excluded Entrepreneur of Color small business loan customers. The RPC Associate Partner for Portfolio manages the loan portfolio to ensure:
1. That the RPC loan portfolio is managed with financial due diligence and optimal performance through monitoring of loans to RPC Excluded Entrepreneurs of Color. Excluded Entrepreneurs are African-American, Hispanic, Latinx, Asian and Native American owned businesses who face barriers to conventional lending due to real or perceived racial bias and other market realities.
2. That RPC conducts authentic, open and culturally competent relationships with customers in matters of risk management and risk mitigation matters [dealing with customer payment delinquencies, past dues, work-out plans, etc].
3. Engagement in portfolio management learning/training and portfolio management responsibilities with the Managing Director in order to independently conduct portfolio financial/risk-management [pre and post-lending] and racial equity step analysis of loan applicants and borrowers and analyze loan underwriting, restructuring and modification of loans. Also, will lead the review and analysis of all originated loans and underwriting produced by the loan officer in order to ensure the quality of the loan officer’s memos, the loan deal adherence to loan policy, research and analysis of loan applicants and reporting on the performance of the overall loan portfolio.
For More Information and Full Position Description: Please visit and access https://www.rendeprogresscapital.com/downloads and download the Position Description titled Portfolio Manager Position [RPC.Associate.Partner.Portfolio.Position.Description.July.2022]
Contact: Please contact Cuong Q. Huynh at email@example.com