Fund Manager, Commercial Real Estate
Local Initiatives Support Corporation · Remote
Posted 22 days ago · $127,685-$159,606
or apply directly on Local Initiatives Support Corporation's site. We never take the application ourselves.
Is this posting real?
- This role has been open
- 22 days Local Initiatives Support Corporation's roles stay open a median of 23 days
- Reposted
- No
- Salary listed
- Yes 90% of Local Initiatives Support Corporation's roles list one
- Ghost-job risk at Local Initiatives Support Corporation
- moderate 3 stale, 0 reposted of 10 open
- Hiring momentum
- 13 roles opened in the last 90 days ↑ up vs. the prior 90 days
- Last confirmed on the employer's board
- 2026-09-17
Measured from postings appearing on and disappearing from Local Initiatives Support Corporation's own greenhouse board since 2026-08-03. Full hiring picture for Local Initiatives Support Corporation.
About this role
The Fund Manager, Commercial Real Estate at LISC is responsible for overseeing the financial management and reporting of impact investment funds, particularly in affordable housing. This role involves building financial models, managing capital calls and distributions, preparing investor reports, and ensuring compliance with legal and regulatory requirements. The Fund Manager collaborates with various internal teams to maintain fund performance transparency and supports investor communications.
- benefits
- 4/5
- freshness
- 4/5
- career value
- 4/5
- role clarity
- 4/5
- pay transparency
- 5/5
Scored from the posting itself — how clearly the role is described, how much it says about pay and benefits, and how recently it was listed. Not a judgement of Local Initiatives Support Corporation as an employer.
What you need
- Bachelor’s degree in Finance, Economics, Business Administration, Accounting, or related field
- Minimum 6 years of experience in fund management, private equity, real estate investment management, financial services, or community development finance
- Demonstrated experience managing fund-level financial reporting, capital accounts, capital calls, and investor reporting processes
- Strong understanding of real estate investment structures and fund economics, including waterfall calculations, capital allocations, and fee structures
- Advanced proficiency in Excel, including financial modeling and complex reconciliation; experience with fund accounting or financial reporting systems
- Strong analytical and problem-solving skills
Nice to have
- CFA, MBA, MPA, or other relevant advanced degree
- Experience working with affordable housing, impact investment funds, or place-based real estate vehicles
- Familiarity with LIHTC, HTC, or NMTC
What you get
- Medical, Dental, Vision Coverage
- Disability Insurance
- Retirement Savings
- Generous Holidays
- Vacation, PTO, and Sick Days
- Tuition Assistance
Worth weighing
- No specific mention of remote work policies beyond the location being remote
- The role does not duplicate finance, underwriting, originations, or legal functions, which may limit exposure to those areas
- Salary range provided, but actual salary may vary based on multiple factors
Summarised from Local Initiatives Support Corporation's posting. Read the full original.
Listed by Local Initiatives Support Corporation on their greenhouse job board, last confirmed open on 2026-09-17. PitchMeAI is not the employer.
More roles at Local Initiatives Support Corporation
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