Employment Opportunities

The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a qualified individual for the Managing Director, Client Services position, which will report to the CFO.  Works with credit-underwriting to communicate with clients to determine financial capacity of various revenue streams and viability of projects. Confers with applicants to determine project readiness for conditions needed for closing; and makes decisions affecting eligibility, term, and readiness-to-proceed criteria of applicants. Makes recommendations to approve, deny or modify applications based upon applicant’s financial condition. Monitors loan processes and applications to determine compliance with program rules and policies; reviews official statements for outstanding bond issues; makes requests to borrowers and agencies for updated financial information. Has a full understanding of the analysis of project applications; reviews applicant financial documentation, including three-year history of budgets and financial statements; matches revenue pledges with gross revenue projections; analysis of financial performance history to determine viability of revenue pledges and projections; reviews tax collection history, legal documents, and project support materials; evaluates project impact on existing debt structure; and evaluates existing bond ordinances and loan documents.

NMFA is New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will have a bachelor’s degree and a minimum of eight years of experience in fund accounting, financial analysis, or budget management, five years of which should be in local or state government. Knowledge of New Mexico government financial management methods is desired.  Understanding tax codes, bonding issues and procedures as well as a clear understanding of audit processes, legislative practices, and cash flow analysis methods are essential.  Proven leadership managing teams of lending professionals and support staff is preferred. 

Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority, via email at nmccollum@nmfa.net.

The New Mexico Finance Authority (NMFA) in Santa Fe is seeking a qualified individual for an Asset Recovery Manager position that will report to the Managing Director, Credit. This position will assess, analyze, and monitor underperforming assets in collaboration with the NMFA Legal and Finance departments; identify root causes of non-performing assets and recommend remedies; and present findings and proposals to NMFA leadership at meetings.

The Asset Recovery Manager will thoroughly analyze and document underperforming loans to create a loan history, current status, projected performance, and detail compliance with the loan agreement; assist with the collection process and the curing of defaults; and lead the creation of credit policies and SOPs to provide guidance and continuous improvement of NMFA’s asset recovery process. 

Previous experience with non-performing loans and assets, including various loan and credit agreements and business restructuring, is required.  Excellent negotiating skills, plus written and oral communication skills, including in-person, phone, and online, are essential for success.  Experience in restructuring consulting or troubled credit restructuring and workouts, including loan foreclosure and collections, is needed.

NMFA is New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will be comfortable with occasional confrontational interactions and possess the skills to de-escalate conversations and situations.  A bachelor’s degree in business, accounting, finance or economics is required and an advanced degree in business, law or economics is highly desired.  A minimum of five years of commercial lending or credit experience is needed. This position requires strong presentation skills as recommendations are regularly presented to NMFA leadership.  A wide array of financial experience with governmental agencies, public and private lending and credit, and curing of defaults is necessary.

Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority via email at nmccollum@nmfa.net.

The New Mexico Finance Authority (NMFA) in Santa Fe seeks a Program Administrator to facilitate the coordination, administration, and tracking of multiple NMFA programs and funds. The Program Administrator will facilitate loans and alternative financing across the state through a variety of programs, including multi-sector business and housing financing, venture capital, and infrastructure.

The Program Administrator reports to the Managing Director, Community and Economic Development, and processes applications, develops selection criteria, recommends projects for financing through appropriate options, and implements program policies and rules.

The Program Administrator supports project financing by communicating with clients, their consulting engineers, and construction oversight contractors to ensure projects are moving forward in compliance with legislative policies and procedures. Works collaboratively with a variety of state entities, regulators, and other stakeholders.  Analyzes data and creates reports for stakeholders on the impact of NMFA’s community and economic development programs.

NMFA is a government instrumentality that is New Mexico’s partner in building economic prosperity and stronger communities. The ideal candidate will possess a B.A./B.S. degree from an accredited university in Business Administration, Finance, or a related field and at least three years of experience supporting the administration of business loans, state and municipal infrastructure projects, new markets tax credits, venture capital, or bonds.  Knowledge of community and economic issues impacting state and federal financing programs is desired.

The successful candidate must demonstrate exceptional analytical skills and the ability to clearly communicate the results. Ability to balance multiple projects and competing priorities in a fast-paced environment is required. Experience using Salesforce is strongly preferred.

Interested candidates may submit a cover letter and resume to the attention of the HR Director, New Mexico Finance Authority via email at nmccollum@nmfa.net.