Employment Opportunities
NMFA is New Mexico’s partner in building economic prosperity and stronger communities. NMFA is a government instrumentality that works to advance New Mexico by providing access to capital for infrastructure, housing, equipment, economic development, and small business programs to communities and businesses throughout the state. NMFA offers competitive salaries, excellent benefits, and opportunities for growth.
Credit Analyst
The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a Credit Analyst to join our Credit Team. This position will be responsible for public lending activities of the organization. The credit analysis required varies by program, but typically involves working with NMFA’s lending team to analyze historic financials (audits, tax returns), and to calculate the relevant debt service coverage ratios and other elements of the underwriting processes, including preparing a credit summary narrative and assisting in assigning a risk rating to each transaction.
Reporting to the Managing Director of Credit, the credit analyst works collaboratively with regional finance managers, other credit analysts, internal and external legal counsel, and NMFA client services to support the underwriting, structuring, approval, and monitoring of a variety of loan products and programs.
The credit analyst will thoroughly analyze audits, legal documents such as loan agreements, state legislation, NMFA policy, ordinances and other source documents to determine the current borrower status and projected performance.
NMFA is a government instrumentality whose mission is to be New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will possess a bachelor’s degree in finance or accounting, 3- 5 years of professional experience in investment and/or commercial banking, accounting, budgeting, or public finance. The candidate must possess strong technical skills particularly in the areas of cash flow analysis and the interpretation of a variety of financial reports and statements. In addition to performing financial analyses, the successful candidate will be expected to draft written reports and to effectively communicate, verbally and in writing, analyses and conclusions to team members and in Committee/Board presentations.
Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority, 810 West San Mateo Rd., Santa Fe, NM 87505 or via email at nmccollum@nmfa.net.
Regional Finance Manager
The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a qualified individual for a Regional Finance Manager (RFM) position that will report to the Managing Director, Lending. This position will represent NMFA throughout the state, and will work with private entities, local governments, municipalities, counties, and others to originate and structure loans and grants using NMFA’s financing programs.
The RFM will work with public entities and financial advisors to assist entities in obtaining NMFA financing to meet their community’s needs in effective and efficient ways. The RFM will work with the NMFA Credit Department to perform financial analysis of revenue streams, financial outlooks, and relevant program policies to advise clients of options that prudently address their needs. This position requires in-state travel to meet with clients on an ongoing basis to develop relationships with existing and new clients.
In addition to public entities, the RFM will market and assist in underwriting financing applications for NMFA’s private lending programs such as the State Small Business Credit Initiative (SSBCI) Programs, New Market Tax Credits (NMTC), Opportunity Enterprise Commercial and Housing development programs, and other initiatives created to provide access to capital for businesses and foster statewide economic development.
The NMFA Lending Team markets NMFA’s programs through extensive in-state travel and client contact, works with clients on potential projects, underwrites applications, presents projects to committees and boards for approval, and coordinates the processes leading to closing. Experience marketing lending programs and relationship-building with clients, plus underwriting of technically complex projects, including infrastructure and other multi-phase projects for public entities and for-profit and nonprofit private entities are required. An understanding of New Mexico local government financial management methods and procedures is strongly preferred.
NMFA is New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will possess experience in accounting, banking, finance, budget management, or a similar field; excellent technical report writing, verbal and written communication skills; a bachelor’s degree in business administration, accounting, finance or related field, and at least five years of relevant experience. This position requires strong presentation skills as financing recommendations are regularly presented to committees and Boards of Directors. The ability to balance multiple projects, analyze large volumes of data, and manage competing priorities in a fast-paced environment is required.
Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority, 810 San Mateo, Santa Fe, NM 87501 or via email at nmccollum@nmfa.net.
