Credit Portfolio Management Associate - Credit Fund

Position: Portfolio Associate

Location: West Palm Beach, Florida

ABOUT THE POSITION

B.E. Blank & Company (“B.E. Blank & Co LP” or “the Firm”) is seeking a high caliber accounting or loan servicing professional who is passionate about building institutional-quality loan portfolio servicing operations for an investment management firm. The Portfolio Associate will report directly with the Portfolio Manager and indirectly to the Chief Financial Officer/ Chief Operations Officer to inform decision-making in all aspects of the Firm’s loan servicing and asset management operations. The Portfolio Associate is a client-facing role, requiring the candidate to foster good working relationships with, and provide a high level of boutique service for, borrowers in the Firm’s loan portfolio, then leveraging those relationships to achieve timely required reporting and payments. The Portfolio Associate must be internally driven and relentless in bringing open items to closure, while maintaining professionalism and a positive relationship with the law firm borrowers. A successful Portfolio Associate will take ownership of initiatives to create, improve, and implement audit, covenant compliance, loan servicing, and other compliance systems that will support the Firm as it grows into a world-class investment manager with a best-in-class employee culture.

The ideal candidate is a hands-on, self-starting team player who thrives in an entrepreneurial culture. (S)he has a proven track record of building processes and systems in the finance, accounting or loan servicing sectors. (S)he is detail oriented, has strong organization skills, can manage multiple priorities, can recognize and solve problems before they occur, and strives to assist in building an investment firm capable of delivering exceptional outcomes.

This role is an ideal opportunity for someone looking for a change in position, seeking a better work-life balance, while continuing her/his career in a professional investment firm with tremendous growth opportunities. On average, the Portfolio Associate is expected to work approximately 40 hours per week. Additionally, the Firm may be able to offer flexible hours and/or partial remote work once the candidate has demonstrated a track record of proven performance.

ABOUT OUR FIRM

B.E. Blank & Company is a West Palm Beach-based investment manager founded in 2017. We are the capital partner of choice for values-aligned law firms that utilize our investments to broaden access to justice and drive positive behavioral changes amongst society’s most powerful actors. We believe that conscious capitalism is a force multiplier that can inspire law firms to operate above the profession’s high ethical standards and help create a world where attorneys utilize their talents as accelerating forces for societal advancement.

B.E. Blank & Co LP is the investment manager to two affiliated funds, which are designed to provide investors with non-correlated, favorable risk-adjusted returns with limited volatility by providing working capital to stakeholder-centric law firms that are mission-oriented and values-aligned.

KEY RESPONSIBILITIES

· Manage the Firm’s relationships with a growing portfolio of law firm borrowers through email and telephone communications

· Perform asset management functions on our loan portfolio, including overseeing monthly repayment processes and ensuring law firm borrower compliance with the Fund’s transactional documents

· Audit law firm borrowers’ operating and trust account bank statements

· Ensure best accounting, operational, and compliance practices through the development and enhancement of protocols and procedures

· Liaise with the Firm’s Director of Risk Management, Chief Financial Officer, and the Transactions team members as relevant to loan compliance information and functions

The candidate will also perform critical responsibilities that may be unique to B.E. Blank & Company, which include the following:

· Serve as a culture and brand ambassador in all interactions with our stakeholders

· Demonstrate and promote the Firm’s core values:

o The highest levels of ethics and integrity are key to our success

o Never stop learning

o Strive toward personal growth and advancement

o Live a balanced life and create joy for oneself and others

o Enjoy the journey

o Give back to the community

EDUCATION, EXPERIENCE, SKILLS, AND MINDSET

· A successful candidate will have at least an undergraduate degree, and may also have a graduate degree, with a course specialization in accounting, finance and related subjects, or commensurate work experience directly applicable to this role

· A successful candidate will have at least two years of directly relevant experience in accounting, auditing, loan compliance/monitoring

· A successful candidate will have exceptional written and verbal communication skills, as well as an uncompromising attention to detail

· A successful candidate will be able to manage herself/himself, and take an organized and disciplined approach to managing the collection and review of borrower reporting

· A successful candidate will have the maturity and judgment necessary to professionally communicate with borrowers to advance the Firm’s interests while maintaining a positive working relationship

· Proficiency with Microsoft Excel is required

· Public service experience, including service with the armed forces, in government, or in the non-profit sector is a plus, but not a requirement

· Those who will excel in this role demonstrate that a long-term perspective is central to one’s purpose and have a track record of exhibiting these qualities through:

o Seeking responsibility while exercising self-awareness to know when to ask for assistance

o Championing a collaborative approach and balancing advocacy with inquiry

o Being a servant leader with personal humility who elevates those around her/him

cellent verbal and written communication skills