Community association manager Jobs in Grand Rapids, MI

Join Mercantile Bank as a Mercantile Community Partners (MCP) Portfolio Manager and become a vital part of community development in Grand Rapids and throughout the state of Michigan! This role emphasizes financial modeling and asset management while allowing you to positively impact your community through innovative projects and construction initiatives.

You'll help manage a diverse portfolio with high asset quality by working directly with community stakeholders and internal teams to support the full lifecycle of Mercantile Community Partners projects. The starting pay for this exciting opportunity is $65,000, with additional compensation based on your experience.

Key Responsibilities :

• Full Life Cycle of MCP Projects : support with origination, completion of underwriting, approval, and asset management
• Asset Quality and Compliance : monitor asset quality of existing tax credit portfolio and work collaboratively to remediate any potential issues
• Reporting and Analysis : monthly, quarterly, and annual reporting and analysis of the portfolio

A little about Mercantile Bank

Mercantile Bank was created with a goal to deliver financial solutions that empower people and businesses to achieve their dreams, while bettering the lives of its employees and their communities. We have grown from a humble idea to over 40 locations, 5.6 billion in total assets, and 700 employees. Our values remain at the heart of everything we do - through inclusivity, innovation, and collaboration, we achieve excellence every day. We are accountable not only to our customers, but to our employees and the communities in which we serve. We are proud to invest in our people and our communities, and our employees show their integrity in every interaction. We strongly believe that embracing human diversity makes us a better bank. We know it makes us better people. You'll be rewarded for your expertise through competitive compensation, bonus programs, and best-in-class benefit options, such multiple Medical, Dental and Vision plans to choose from, Company Paid Life Insurance of 3 times your annual salary, Health Savings Account, Flexible Spending Account, 3 weeks' vacation, sick time to care for yourself and your family, 11 paid holidays and a Giving Day to do work that you are passionate about in the community. We also offer Employee Assistance Program (EAP), Adoption and IVF Assistance, and a Fitness Equipment Purchase Plan. Investing in your financial wellness and career development is also important to us. We provide 401(k) match at 100% up to the first 5% of your contribution Employee Stock Purchase Plan, 529 College Savings Plans, Discounted bank services, Legal protection, Tuition Reimbursement, Exceptional training, and development opportunities tailored to your career interests and goals.

Your Day as a MCP Portfolio Manager :

The MCP Portfolio Manager plays a crucial role in managing the full lifecycle of Mercantile Community Partners' tax credit portfolio, making this position an exceptional opportunity for individuals skilled in credit analysis and financial modeling. In this dynamic role, you will engage with internal teams such as Commercial Bankers and Credit, as well as external partners like attorneys and CPAs, ensuring the successful origination, underwriting, and compliance of community-based tax credit projects. Your analytical expertise will be essential as you assess project feasibility and monitor asset quality throughout the construction, lease-up, and stabilization stages.

By actively participating in business development activities, you'll help build the pipeline for future projects and get to make an impact on the communities we serve by bringing your expertise to the complex world of tax credits. If you don't have existing background within tax credits, real estate investments, and community development initiatives, an eagerness to learn will go far with the guidance of your team, however, a strong background in credit with at least two years of experience is required.

Excellent communication and interpersonal skills are necessary for collaborating with diverse internal teams and external partners, while the ability to manage multiple projects and deadlines in a dynamic environment is vital for success. Willingness to travel as needed with occasional overnights is required for site visits and construction monitoring, conferences, and travel to client locations.

Detailed Description :

Asset quality.

Requirements :

Preferred Experience, Education and / or Skills :

Thanks for your interest in working for Mercantile Bank! If this sounds like you, please apply and a member of our HR team will be in contact with you.