Deutsche Bank Looking for Community Development Finance Group (cdfg) New Initiatives Fund at New York, NY, United States Full Time

Job Description

Job Title: Community Development Finance Group (CDFG) New Initiatives Fund
Corporate Title: Vice President
Location: New York, NY
Overview
Deutsche Bank is seeking to hire a Vice President for the Deutsche Bank Community Development Finance Group (CDFG) to play an important role as Fund Manager for the New Initiatives Fund (NIF), to lead fund strategy, investments, and portfolio management for a philanthropic impact investment fund that focuses on innovations that benefit low- and moderate-income communities and professionals across the United States. The Fund Manager will also manage operations of NIF and provide support on finance and other administrative functions. You will be a quick, positive thinking, problem solver who can work on complex financial transactions with diverse stakeholders.
What We Offer You:

• We offer competitive health and wellness benefits, empowering you to value life in and out of the office
• Retirement savings plans, parental leave, and other family-friendly programs
• An environment that encourages networking and collaboration across functions and businesses
• Active engagement with the local community through Deutsche Bank’s specialized employee groups

Return to Office:
At this time, all individuals present in the location must be fully vaccinated for Covid-19

• It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model
• Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion

Hear from our people and look inside our office: DB@The Muse
Your Key Responsibilities:

• Guide the investment process for new NIF investments from sourcing to closing including, underwriting, study project feasibility, financial strength, and fit, preparing investment memo, presenting to investment committee, managing legal negotiation, and overseeing Know Your Client (KYC) and closing, drive strategy development for the deployment of NIF, and source and manage a pipeline of new investments
• Conduct and develop relationships with clients, prospects, and internal/external stakeholders and represent NIF and CDFG at conferences and events, to drive new pipeline generation and increase visibility of CDFG’s work within and outside Deutsche Bank
• Assets manage portfolio of existing NIF investments including, preparing annual credit reviews including analysis of borrowers’ financial and portfolio performance data and evaluating social impact, assist with ongoing portfolio management duties including draw requests, modifications, and extensions, and ensure disbursements and funding’s are properly accounted for
• Liaise with the operations, servicing, and finance areas of Deutsche Bank to ensure that loans and investments are correctly booked, and all appropriate external and internal closing requirements are met, handle ESG and impact tracking efforts for NIF and the CDFG portfolio, serving as ESG liaison to larger initiatives within Deutsche Bank and the field, and prepare regular reports on the New Initiatives Fund for senior management
• Support preparation of internal and external marketing and communications related to NIF, liaising with Deutsche Bank communications team, assist with Community Reinvestment Act (CRA) exam documentation, preparation, and review process
• Facilitate knowledge transfer, cross-learning and effective teamwork; some supervision of staff may be required

Your Skills and Experience:

• Bachelor’s degree in finance, economics, or a related discipline; graduate degree in business administration, urban planning, or a related discipline is a plus
• Extensive experience in the impact investing space, preferably with experience with a Foundation, impact fund, private equity fund, or other financial institution in origination, underwriting, or structuring role
• Strong credit and investment survey skills in either debt or equity: Ability to distill financial risks and potential social impacts; ability to examine project financials/pro-forms, loan portfolios, financial statements, and business plans and to make own recommendations to senior and credit risk management and drive approval process
• Passion for social justice, racial equity and inclusion, economic mobility, community development, and/or impact investing sectors

How You’ll Lead:

• Increase visibility of CDFG’s work within Deutsche Bank and support the preparation of internal reporting and presentations to other business units and senior management
• Facilitate knowledge transfer, cross-learning and effective teamwork; some supervision of staff may be required
• Represent Deutsche Bank and CDFG at industry related conferences and community events . Participate and guide special projects or additional duties as assigned

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

We are an Equal Opportunity Employer – Veterans/Disabled and other protected categories. Click these links to view the following notices: “EEO is the Law poster” and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .