Vice President, Senior Portfolio Risk Manager

At Invest Detroit, we believe financial professionals can drive positive change. We are a team of highly skilled, mission-driven individuals working to empower equitable development, mixed-income housing, and small business ecosystems. The Vice President, Senior Portfolio Risk Manager plays a mission-critical role in managing and resolving distressed and complex commercial real estate loans, supporting our efforts to recycle capital and finance catalytic projects across Detroit.

This position joins a dedicated and experienced team focused on commercial real estate and small business development to expand economic growth and opportunity across Detroit's neighborhoods.

About Invest Detroit

Invest Detroit is a mission-driven lender, investor, and partner working to ignite inclusive economic growth in underserved Detroit communities and across the region. A leading Detroit-based Community Development Financial Institution (CDFI), we bring 25+ years of experience acting as a catalyst for economic development and investment, providing critical gap financing through real estate development, commercial lending, and venture capital. We have deployed over $640 million to date.

Our team is a hard-working, supportive group that is passionate about our mission and believes strongly in equitable opportunity, diversity, and respect. We believe that through partnership, tenacity, creativity, and drive, we can help to improve access to opportunity and quality of life for all Detroiters.

Learn more about Invest Detroit:

About the Position

Reporting to the Chief Credit Officer, the Senior Portfolio Risk Manager will lead the management and resolution of a portfolio of loans, with a strong emphasis on workout lending, troubled debt restructuring, and complex commercial real estate. This includes monitoring borrower risk profiles, conducting annual reviews, testing loan covenants, analyzing distressed assets, and preparing modifications requiring external loan council approval.

Responsibilities

• Collaborate with Workout Officer and Legal on workout strategies for distressed loans, including restructuring, collateral analysis, and recovery planning.

• Oversee performance of assigned loans, with a focus on complex commercial real estate and construction projects.

• Conduct quarterly analysis and reporting for troubled loans, identifying risks and recommending mitigation strategies.

• Collaborate with cross team members to assess collateral value, risk rating downgrades, and potential loan loss.

• Manage covenant compliance and borrower communication, including financial statement collection and violation follow-up.

• Prepare detailed relationship annual reviews.

• Prepare loan modification packages for external loan council approval.

• Interpret and analyze legal documents including leases, mortgage notes, and contracts.

• Review construction budgets, project plans, appraisals, and inspection reports.

• Maintain accurate loan files and respond to portfolio data requests.

• Participate in deal status calls, with both internal and external stakeholders, focused on monitoring, tracking, and documenting project progress, addressing issues, and comparing to plan.

• Provide peer-to-peer training support to Portfolio Risk Manager.

• Support special projects and contribute to a collaborative, inclusive work environment.

Qualifications and Skills

• Formal commercial credit training is strongly preferred.

• Bachelor's degree in business, accounting, or finance, and 5+ years of experience in commercial lending with a focus on workout lending, portfolio management, and complex commercial real estate. In lieu of a degree, 10+ years of relevant experience.

Specialized Skills – Required

• Proven experience managing distressed loans and developing workout strategies.

• Strong background in commercial real estate and construction lending.

• Ability to synthesize financial and market data to make sound credit recommendations.

• Advanced financial analysis and modeling skills in Excel.

• Experience interpreting legal and real estate documents.

• Effective communication skills for presenting credit and investment analysis to stakeholders.

Specialized Skills – Preferred

• Experience with Salesforce, Moody's, and TEA (loan accounting software).

• Experience working with grants and New Market Tax Credits.

Salary Range

Invest Detroit offers a competitive salary range of $100,000–$130,000 for the Senior Portfolio Risk Manager role, commensurate with experience, skills, and potential for growth within the organization.

At Invest Detroit, we believe that supporting our team is just as important as supporting our mission. We offer a people-centered work environment that values flexibility, balance, and growth. Our benefits include:

• Hybrid work environment with flexibility to support work-life balance

• Generous paid time off, including extended holidays and summer half-day Fridays

• Comprehensive health and life insurance coverage

• Annual performance bonuses (not guaranteed)

• Professional development opportunities to support your career growth

We are proud to foster a workplace where people feel supported, respected, and empowered to make a difference. Invest Detroit is an equal opportunity employer committed to diversity in the workplace.

To Apply

Please forward your resume and cover letter to , including "Senior Portfolio Risk Manager" in the subject line and indicating how you heard about this opportunity.