New Markets Tax Credit (NMTC) Manager

About The OrganizationThe Momentus Capital branded family of organizations - which includes Capital Impact Partners, CDC Small Business Finance and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered municipal advisor, a FINRA-approved municipal advisor and municipal securities broker-dealer, FINRA/SIPC member) are transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.We are working to reinvent traditional financial systems and advance locally-led solutions that create economic mobility and generational wealth. Through our continuum of financial, knowledge, and social capital, we offer a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions.Our holistic and streamlined approach offers comprehensive solutions for small business entrepreneurs, real estate developers, community-based organizations, and local leaders at every stage of growth, from inception to expansion. When these leaders have the opportunity to succeed, their communities, their residents - and our country - thrive.Position SummaryMomentus Capital seeks a New Markets Tax Credit (NMTC) Manager to strengthen its Lending Operations team. The role will be primarily responsible for investor distributions, CDE and Sub-CDE compliance, AMIS/TLR/ILR reporting oversight, exit execution, post-closing cash movement, and operational stewardship of Capital Impact's NMTC and subsidiary funds. The position serves as the internal subject matter expert, translating NMTC legal structures, allocation requirements, and investor agreements into repeatable operational processes. The NMTC Manager collaborates closely with Originations, Portfolio, Treasury, Loan Servicing, Accounting, Closing, Legal, Ariel Ventures, and outside counsel to ensure structural integrity, treasury compliance, accurate reporting, and disciplined lifecycle management from closing through unwind.The NMTC Manager will report to the Senior Director of Lending Operations.Essential ResponsibilitiesServe as the internal operational subject matter expert for NMTC structures and compliance requirementsTranslate allocation agreements, investor operating agreements, and executed loan documents into repeatable operational workflowsDesign and maintain cash schedules, reporting calendars, compliance ticklers, and exit trackersStrengthen internal controls, reporting accuracy, and structural consistency across the NMTC lifecycleIdentify and implement process and system improvementsDeals and Loan OnboardingLead the operational transition of NMTC transactions from closing through the credit periodParticipate in closing calls as the NMTC operations representativeReview forecasts and flow of funds for structural alignment with executed documentsValidate system setup prior to first disbursementCoordinate investor onboarding and related bank account setupEnsure transactions are accurately established in the system of record before servicing beginsCompliance ManagementOwn coordination and oversight of CDE-level and Sub-CDE reporting, including AMIS, TLR, ILR, certifications, audits, and tax filingsExtract operational and reporting requirements from allocation agreements and investor documentsMonitor substantially all tests, Safe Harbor considerations, and other compliance thresholdsEscalate recapture and reporting risk indicators in accordance with internal protocolsMaintain CDE and Sub-CDE good standing and disciplined reporting timelinesCash Distributions and Fund ManagementDevelop, maintain, and reconcile investor cash distribution schedulesCalculate and validate investor remittances, fee allocations, and waterfall paymentsConvert legal distribution requirements into repeatable operational processesCoordinate with Accounting and Treasury to confirm payment timing prior to distributionsResolve remittance discrepancies and structural variancesRespond to investor, accounting, and audit inquiries related to CDE cash flowsEnsure treasury compliance across all NMTC-related cash movementsExitsServe as the internal operational lead for NMTC exits and unwindsCoordinate reconciliation, payoff verification, flow-of-funds sequencing, and document executionInitiate structured exit planning based on maturity timelinesPrepare CDE-level reconciliations and validate unwind documentationEnsure accurate final reporting and orderly wind-down of CDE entities while mitigating recapture and distribution riskRequirementsBachelor's degree in Business, Finance or Accounting preferred or sufficient equivalent work experienceExperience with NMTC Fund structure, exits, cash schedules, and compliance reporting3+ years of NMTC/Fund experienceA minimum of 5-7 years of experience working in a commercial bank or related industryFundamental working knowledge of business concepts, practices, and procedures with the ability to apply in varied situationsExperience with developing detailed schedules, including tasks, accountability, and deadlinesCandidates should have strong oral and written communication skillsCandidate should be very organized and very detail-orientedProficient in Microsoft Word, Excel, G-Suite, and AMISWillingness to learn and use in-house software systems, such as Salesforce, Power BIBenefitsThe salary range for this position is $85,869 - $139,771 and may be eligible for an annual discretionary incentive.Structure A- $85,896 - $114,671 All locations except structures B & CStructure B- $95,440 - $127,412 Washington D.C, Maryland, Virginia (DMV), non-Bay Area CA markets, and MassachusettsStructure C- $104,697 - $139,771 New York, New Jersey, and the Bay AreaThis role is eligible to work remotelyAll employees must be legally authorized to work in the United States. The Company will not sponsor applicants for work visas.