Vice President, Fund Investments, Strategic Investments

Company: Tbwa Chiat/Day Inc
Location: Washington
Posted on: March 29, 2025

Job Description:

Vice President, Fund Investments, Strategic InvestmentsHybrid - Washington, District of Columbia, United StatesLISC is one of the country's largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.About Strategic InvestmentsThe LISC Strategic Investments team leads the design, development, and deployment of impact investment funds in LISC's local markets nationwide. Strategic Investments employs an "impact first" investment methodology that optimizes the impact on the communities we care about while achieving sustainable risk-adjusted returns for investors.The unique power of LISC's local office presence combined with the strength of our national investment expertise is a powerful combination for creating real impact in the communities we serve. This network requires careful coordination between Strategic Investments, the LISC Local Offices, and other stakeholders within LISC. While many groups within the LISC organization support fund management activities, the Strategic Investments team is ultimately responsible for ensuring a successful track record for LISC's off balance sheet fund investments.About This RoleIn this pivotal leadership role at LISC Fund Management, you will shape the future of impact-driven lending across affordable housing, commercial real estate, and community facilities. As Vice President of Fund Investments, you'll harness your extensive experience in commercial real estate and portfolio management to lead our lending strategy and drive innovation while maintaining portfolio strength across our $940M+ in assets under management.Leading a dynamic team of 10-12 professionals through your Senior Directors, you'll orchestrate the full lifecycle of our investments - from origination through underwriting. Your deep understanding of complex real estate transactions, credit policy, and risk management will be crucial as you guide our organization's growth while maintaining our commitment to responsible lending and community impact.We're seeking a seasoned executive with 15+ years of experience who brings both technical expertise and strategic vision to our lending platform. Your proven track record of building high-performing teams and managing multi-investor funds will be essential as you drive innovation in our lending products while ensuring strong portfolio performance. Your experience navigating complex credit decisions and implementing robust risk management frameworks will help us maintain our position as a trusted steward of investor capital.If you're an accomplished lending professional who combines sophisticated financial acumen with a passion for community development, this role offers an unparalleled opportunity to shape the future of impact investing. Your ability to see both the big picture and the technical details will be crucial as you guide our lending strategy, mentor future leaders, and drive organizational excellence.Join us in revolutionizing community development finance. Your expertise and leadership will help us expand our reach, deepen our impact, and create lasting positive change in communities across the nation, while maintaining the highest standards of lending practice and portfolio management.Responsibilities

• Executive Leadership and Investment Strategy (25%)

• Collaborate with President of LISC Fund Management on strategic direction of lending platform for directly managed affordable housing funds.
• Provide quarterly updates to LFM Board. Participate in LISC-level executive sessions at times.
• Develop strategy for sourcing deals through local offices for place-based funds. Develop a strategy for direct sourcing of national impact funds.
• Maximize output of team of (originators, underwriters and loan administrators).
• Provide strategic direction to Senior directors that report to this position (currently 2)
• Optimize impact and return strategy for investment funds ranging in total size from $40MM - $250MM focused on affordable housing originations.
• Team Leadership and Development (20%)
  • Lead and mentor Senior Directors overseeing originations, underwriting, and portfolio management teams
  • Foster collaboration between originations, underwriting, and portfolio management functions
  • Oversee staffing, training, and professional development across all teams
  • Build and maintain high-performing teams totaling 10-12 professionals
  • Drive organizational culture focused on excellence and mission alignment
  • Investment Strategy and Product Development (20%)
    • Guide development of lending products and investment strategies
    • Oversee credit policy development and implementation
    • Collaborate with Business Development team on new fund creation and structure
    • Ensure investment strategies align with market opportunities and organizational capacity
    • Lead innovation in lending products and risk management approaches
    • Risk Management and Governance (15%)
      • Oversee enterprise-wide risk management framework for lending activities
      • Chair credit committee and guide credit decisions
      • Ensure regulatory compliance across all lending activities
      • Develop and maintain relationships with key regulatory bodies
      • Guide portfolio stress testing and risk mitigation strategies
      • Stakeholder Management (10%)
        • Report to board and investment committees on portfolio performance and strategy
        • Collaborate with Business Development team on investor relations
        • Build relationships with key partners, including borrowers, investors, and industry leaders
        • Represent organization at high-level industry events
        • Engage with industry groups on relevant issues
        • Process and Systems Optimization (10%)
          • Guide technology and systems implementation across lending functions
          • Oversee process improvement initiatives
          • Ensure integration of systems across origination, underwriting, and portfolio management
          • Drive data-driven decision making across all teamsQUALIFICATIONS
            • Bachelor's degree in Finance, Business Administration, or related field from an accredited college or university; or requisite relevant work experience
            • Minimum fifteen (15) years of experience in fund management, business development, or investment banking, with at least ten (10) years in a senior leadership role, preferably in impact investing or community development finance
            • Proven track record of successfully designing and launching investment products, with experience in funds exceeding $800 million in assets under management
            • Deep expertise in affordable housing, commercial real estate, and community development finance
            • Extensive experience with credit policy development and risk management
            • Strong understanding of various financing tools including LIHTC, NMTC, and other tax credit programs
            • Demonstrated success in building and leading large teams across multiple functions
            • Strong strategic thinking skills with ability to drive organizational growth and innovation
            • Excellence in stakeholder management and communication at executive level
            • Track record of implementing successful risk management frameworks
            • Experience with regulatory compliance and governance in lending institutions
            • Deep understanding of capital markets and fund structures
            • Strong commitment to community development and impact investing
            • Proven ability to navigate complex organizational dynamics
            • Experience with technology implementation and process improvement
            • Outstanding leadership and team building capabilities
            • Strong ethical standards and commitment to responsible lending practices
            • Passion for economic development, closing the racial wealth gap, and access to affordable housing, with a strong commitment to the organization's mission and valuesCOMPENSATIONLISC offers a competitive salary ($191,400-$239,200) and excellent fringe benefits. This position is expected to travel less than once per month, up to 15% annually.*Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications.Our benefits include:
              • Medical, Dental, Vision Coverage: Comprehensive health plans for you and your family's well-being;
              • Disability Insurance: Long-term and short-term coverage for peace of mind;
              • Retirement Savings: Secure your future with our 401(k) and 403(b) plans;
              • Generous Holidays: Enjoy ample time off to recharge and celebrate;
              • Vacation, PTO, and Sick Days: Take advantage of flexible time-off policies to maintain work-life balance;
              • Tuition Assistance: Pursue your educational goals with support from our tuition assistance program;
              • Referral Program: Earn rewards for referring qualified candidates to join our team;
              • Professional Development Opportunities: Grow and advance in your career with access to ongoing training and development programs tailored to your goals.LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.
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Keywords: Tbwa Chiat/Day Inc, Washington DC , Vice President, Fund Investments, Strategic Investments, Executive , Washington, DC