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The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. To edit or remove a posting please contact info@ofn.org.

If you are looking for internships please visit our CDFI Industry Internship Bank.

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Community Investment Consultant II Federal Home Loan Bank of San Francisco
San Francisco, CA
Job Function: Other
Posted: March 21, 2017

Background:

The Federal Home Loan Bank of San Francisco is a cooperative, wholesale bank that helps meet community credit needs by providing readily available, competitively priced credit products and services to member financial institutions through all phases of the economic cycle. Our members include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada.

For most financial institutions, especially small community lenders, direct borrowing from the global capital markets is not an option. As part of a network of 11 regional Federal Home Loan Banks across the country, we are able to raise funds in the global capital markets at favorable rates and terms. This allows us to provide our members with prompt, reliable access to low-cost loans (we call them “advances”) and financial risk management tools that help them meet the housing finance and economic development needs of the regions they serve.

Members use our products and services to help them lower their funding costs, reduce interest rate risk, manage liquidity, offer a wider range of credit products to their customers, and access lower-cost funding for affordable housing and economic development.

The credit we make available enables community lenders to make home mortgage, commercial real estate, small business, and other loans. Working with our members, community nonprofits, and cities and towns across our region, we also support affordable housing and economic development through targeted grant and loan programs. As part of this effort, we set aside 10% of our income each year to fund Affordable Housing Program grants for lower-income households.

Position Summary:

Consults with and provides expertise on community investment products and compliance issues to Bank management, the Bank’s members, prospective members, the FHLBank System, and community partners in support of the Affordable Housing Program (“AHP”) and the Community Lending Plan.

Responsibilities:

  • AHP Project Support
    • Handles all matters related to approved AHP projects including pre-disbursement reviews, modifications, determination of ongoing viability, and other responsibilities as needed. By providing knowledgeable assistance, supports members and project sponsors in their efforts to use the program to the best advantage of their projects.
    • Scores, evaluates, determines eligibility, financial feasibility and need for subsidy of applications submitted in the competitive rounds.
  • Technical Assistance and Outreach
    • Provides knowledgeable assistance to members and project sponsors. Actively represents the Bank at meetings, public speaking engagements, and community-sponsored events. Assists in planning and participates in Bank-sponsored workshops, webinars, conferences, or other events.
    • Assists in the production of various Bank publications such as brochures related to training workshops, product profiles for AHP products, the Affordable Housing Advisory Council’s annual report, and the Bank’s newsletter on community investment.
  • Special Projects
    • Assists the Bank in achieving its mission-related goals, including research into potential community investment programs, program design, and work related to fulfilling the Bank’s Community Lending Plan initiatives. Coordinates and prioritizes the steps needed to achieve specified results. Presents and recommends program ideas and research findings to senior management and/or the Advisory Counsel of the Board of Directors.

Requirements:

  • Bachelor’s Degree in Business Administration, Finance, a related field or equivalent education required.
  • Minimum four years experience in community investment lending, affordable housing finance, or loan processing within a financial institution or affordable housing nonprofit preferred. Familiarity with AHP regulations, established guidelines, policies and procedures desired.
  • Demonstrated project management skills including the ability to take initiative in a fast paced work environment, work effectively under pressure, either independently or as a member of a team and able to interface with all levels of customers both internal and external.
  • Demonstrated knowledge of Affordable Housing and Community Investment regulations and policy; public and private financing sources available, the Low-income Housing Tax Credit Program, mortgage revenue bond programs, Section 8 Certificates, other public grant programs, the Community Reinvestment Act, and the Home Mortgage Disclosure Act preferred.
  • Knowledge of Finance and financing structures preferred.
  • Understanding of how member banks use advances to support affordable housing preferred.
  • Familiarity with loan documentation required.
  • Ability to analyze sources and use tables, operating and development budgets, statements of cash flow required.
  • Understanding of the basics of retention and recapture mechanisms (subordination arrangements, silent second notes, and lien positions) required.
  • Ability to operate PC-based software and/or automated database systems required.
  • Excellent presentation, verbal and written communication skills and strong analytical and problem solving skills desired.
  • Ability to analyze, apply, interpret, and communicate policies, procedures and regulations effectively preferred.
  • Demonstrated ability to take initiative in a fast-paced work environment, work effectively under pressure, either independently or as a member of a team, and to interface with all levels of customers, both internal and external.

Compensation:

  • Competitive salary and discretionary bonus
  • Excellent health benefits including medical, dental, vision, wellness reimbursement, FSA & transportation tax savings, technology device incentives, 401K
  • Vacation, sick and bank holidays paid time off
  • Convenient location in the heart of downtown SF, close to public transportation
  • Excellent work environment, friendly & professional culture.

How to Apply:

Apply here.

Loan Officer WWBIC
Racine/Kenosha, WI
Job Function: Lending/Loan Operations
Posted: March 17, 2017

Background:

The Wisconsin Women’s Business Initiative Corporation (WWBIC) has provided quality business and financial education coupled with access to fair capital and financial products to entrepreneurs for 30 years. Since WWBIC was incorporated as a 501(c)(3) in 1987, it has loaned $46 million to small business owners, helped entrepreneurs create and retain 8,900 jobs, assisted over 55,000 clients, including more than 3,900 businesses, and assisted 152 individuals and families in purchasing their own homes through its asset-building program. Each year, WWBIC increases its impact across the state through the hard work of our staff and dedicated volunteers. For more information, visit www.wwbic.com.

Position Summary:

The Loan Officer has responsibility to produce approved, closed and disbursed microloans for expansion of WWBIC's micro lending programs.

Responsibilities:

Core responsibilities include: identify, analyze, underwrite and close loan applications, develop and foster key relationships to ensure collaborative partnerships with area financial institutions and other sources for loan referrals, maintain a presence in the Racine and Kenosha community to facilitate loan production.

Requirements:

This position requires a desire to work with business owners of diverse ethnic and socio-economic backgrounds. Bachelor's degree and at least 5 years solid work experience in commercial banking, underwriting or accounting, strong analytical and organizational skills are needed.

Compensation:

Based on experience

How to Apply:

email resume, cover letter and salary requirements to: patricia.lohmann@wwbic.com

Impact Investment Associate John D. and Catherine T. MacArthur Foundation
Chicago, IL
Job Function: Investment
Posted: March 15, 2017

Background:

The John D. and Catherine T. MacArthur Foundation supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. MacArthur is placing a few big bets that truly significant progress is possible on some of the world’s most pressing social challenges, including over-incarceration, global climate change, nuclear risk, and significantly increasing financial capital for the social sector. In addition to the MacArthur Fellows Program, the Foundation continues its historic commitments to the role of journalism in a responsible and responsive democracy, as well as the strength and vitality of our headquarters city, Chicago.

MacArthur is one of the nation's largest independent foundations. Organizations supported by the Foundation work in about 50 countries. In addition to Chicago, MacArthur has offices in India, Mexico, and Nigeria.

Position Summary:

The Impact Investment Associate is an integral and active part of the team responsible for Impact Investments at the Foundation, participating in the origination and monitoring of investments and grants, site visits, etc. Impact Investments is a core capacity of Foundation, providing expertise and working collaboratively with other teams to advance philanthropic objectives, while also pursuing a major new initiative that seeks to build a more robust and inclusive marketplace for impact investment in the US and globally. In addition to making grants, the team manages a portfolio of loans, equity investments, guarantees and other financial instruments within the Foundation’s $500 million allocation of capital dedicated to charitable and mission-related investments. The Impact Investment Associate works closely with the Associate Directors, Portfolio Manager, Program Officers and other team members, to support efficient workflow and strong stewardship of all financial resources.

 

Responsibilities:

Essential Responsibilities and Duties:

  • Prepare and oversee a grant forecast and budget, along with two administrative forecasts and budgets
  • Prepare and regularly update impact investment projections, working closely with the Associate Directors and Portfolio Manager, along with the Finance and Legal departments
  • Take the lead in formulating pipelines and tracking grants and impact investments for the team to facilitate timely progression of proposals, briefs, reports, payment approvals, closing documents and investment modifications
  • Generate standard and custom portfolio reports, analyses and presentations, including quarterly reports for the Impact Investments Committee and an Annual Report for the Board of Directors
  • Vet, originate and monitor a large number of consultant contracts
  • Contribute to the development, implementation, and continuous improvement of a new impact investments-specific information management system
  • Undertake due diligence and financial analysis of existing and prospective recipients of impact investments and grants to assess credit risk and potential loss exposure
  • Work closely with the Portfolio Manager and Associate Director to track and analyze metrics related to the social and environmental impact of borrowers, investees and grantees
  • Serve as the team point-person regarding Foundation policies and procedures (e.g., expenses, travel, meetings, etc.)
  • Liaise with grants management (GMS), Finance, Legal, and other staff as needed
  • Conduct research and perform special projects as needed

Other Duties and Responsibilities:

  • Serve as back-up to GMS Administrator for Impact Investments; participate in cross-training
  • Work with GMS Administrator to help manage legal documentation, due diligence records and other materials required to originate, close, monitor and modify investments
  • Manage special projects, conduct research and perform other duties as assigned

 

 

Requirements:

Knowledge, Skills, and Experience:

  • Minimum of three years of finance and/or accounting experience and a bachelor’s degree are required; experience or familiarity with nonprofits and impact investing preferred 
  • Must have advanced Microsoft Excel skills and be highly proficient with PowerPoint, Outlook and Word; experience with data analytics tools such as Tableau preferred
  • Facility working with budgets and financial models is required, as is a strong working knowledge of basic financial statements and accounting
  • Must be comfortable working in a team environment; well organized and able to think and work independently with little direct supervision; and able to take initiative and work proactively
  • Strong project management skills are required
  • Excellent interpersonal, written and oral communication, and leadership skills are required
  • Must be a strong quantitative, analytical, and visual/conceptual thinker

 

Compensation:

Commensurate to similar jobs.

How to Apply:

Please apply online at www.macfound.org/jobs

Writer Capital Impact Partners
Arlington, VA
Job Function: Marketing/PR
Posted: March 15, 2017

Background:

Through capital and commitment Capital Impact helps people build communities of opportunity that break barriers to success. A nonprofit Community Development Financial Institution (CDFI), we have a 30-year history delivering strategic financing, social innovation programs, and capacity building that creates social change and delivers financial impact nationwide.

Position Summary:

Reporting to the Senior Director of Communications & Marketing, and in partnership with key stakeholders, the writer position will have responsibility for the development and implementation of strategies and tactics that drive brand awareness, demonstrate thought leadership, and communicate the organization’s position as a financial and social impact innovator across multiple platforms and formats.

Responsibilities:

Communications

  • Content Calendar: Develop and implement institutional content calendar guiding publishing schedule for all editorial activities.
  • Corporate Blog: Serve as managing editor of corporate blog.  Determine topics, write posts and serve as ghost writer and/or editor for key personnel throughout the institution. Build and train         internal team of experts to support content production.
  • eNewsletter: Serve as lead writer and managing editor of quarterly eNewsletter including selection of topics and writing teaser copy; collaborate with web manager to develop  corresponding  landing pages. 
  • Social Media: Manage institutional social media channels (e.g. Twitter, Facebook, LinkedIn, etc.); ghost tweet for senior leadership; contribute to strategy for increasing followership.
  • Third Party Channel Distribution: Lead the development and pitch of thought leadership pieces to third party channels (online and print).
  • General writing & copy edit support: Provide general content and copy edit support to staff; Help maintain an engaging corporate website; support the writing of content for various corporate collateral (e.g. Annual Report, fact sheets, advertisements, etc.).
  • Storytelling: As needed, provide management and support of regional vendors to develop, write, and photograph stories focused on project borrowers and customers as protagonists.

Technical:

  • Place and format final blog and press release content (written and visual) utilizing WordPress content management system (CMS); implementing best practices for keywords, URLs, etc.
  • Place and format final eNewsletter content utilizing Salesforce Content Builder CMS; use other CMS systems as necessary for webinar and event marketing.

Research & Development:

  • Collaborate with key stakeholders to develop appropriate metrics and key performance indicators that demonstrate the efficacy of the content marketing strategy.
  • Complete A/B testing and customer segmentation approaches.
  • Research media coverage and industry trends.

MEASURES OF PERFORMANCE

  • The Communications & Marketing Specialist will be considered to be performing in an acceptable manner when the following have been accomplished:
    • Project management – Develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities.
    • Technical skills – Assesses own strengths and weaknesses; pursues training and development opportunities; strives to continuously build knowledge and skills; shares expertise with others.
    • Interpersonal Skills – Focuses on solving conflict, not blaming; maintains confidentiality; listens to others without interrupting; keeps emotions under control; remains open to others’ ideas and tries new things.
    • Oral Communication – Speaks clearly and persuasively in positive and negative situations; listens and gets clarification; responds well to questions; demonstrates group presentation skills; participates in meetings.
    • Written Communication – Writes clearly and informatively; effectively edits work; varies writing style to meet needs; presents numerical data effectively; able to read and interpret written information.
    • Ethics – Treats people with respect; keeps commitments; inspires the trust of others; works with integrity and ethically; upholds organizational values.
    • Planning/Organizing – Prioritizes and plans work activities; uses time efficiently; plans for additional resources; sets goals and objectives; develops realistic action plans.
    • Professionalism – Approaches others in a tactful manner; reacts well under pressure; treats others with respect and consideration regardless of status or position; accepts responsibility for own actions; follows through on commitments.
    • Adaptability – Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays, or unexpected events.
    • Dependability – Follows instructions; responds to management direction; keeps commitments; completes tasks on time and provides appropriate updates.

COMPETENCIES

  • Communication 
  • Teamwork and Relationships
  • Integrity & Respect
  • Job Excellence
  • Customer Service

SUPERVSISORY RESPONSIBILITIES

  • The position has no supervisory responsibilities

Requirements:

REQUIRED EDUCATION & EXPERIENCE

  • Bachelor’s degree in English, Journalism, Public Relations, or related field.
  • 5-7 years of experience writing for an organization, journalism outlet, or public relations firm.
  • Experience implementing content publishing through content management systems
  • 2-4 years content marketing strategy development experience.
  • Expertise in all major business software applications (e.g. Adobe Creative Suite, Microsoft Office, etc.)
  • Understanding of paid media (e.g. Outbrain, Disqus, Taboola, etc.)
  • Fluency in web analytics tools (e.g. Adobe Omniture, Google Analytics), social media marketing applications (e.g. HootSuite, Tweetdeck), and other social media monitoring platforms.
  • Ability to work independently and maximize results with small budgets and support teams.
  • Expertise in creating long term content and the ability to work well under pressure to address immediate needs or changing priorities.
  • Proven editorial skills with demonstrated examples of multichannel content creation, including experience creating compelling content for target demographics.
  • Demonstrated success in placing content on third party channels.
  • Ability to leverage market data and tools such as Google trends to surface topics and language that maximize SEO and online traffic.

PREFERRED EDUCATION & EXPERIENCE 

  • Experience utilizing HTML in Content Management Systems
  • Master’s degree in English, Journalism, Public Relations, or related field.
  • 3-6 years of experience as a writer for a nonprofit or financial services organization.
  • Passion for mission-driven work and projects that support 

Compensation:

Dependent upon experience.

How to Apply:

Qualified candidates may apply to the posting on our careers page at: http://www.capitalimpact.org/careers

Loan Administrator Calvert Foundation
Bethesda, MD
Job Function: Lending/Loan Operations
Posted: March 10, 2017

Background:

Calvert Foundation is a nonprofit organization that has pioneered a new type of investing; delivering a financial and social return on investments.Through the Community Investment Note, Calvert Foundation has raised $1billion in investment from more than 13,000 investors to invest in hundreds of nonprofits and social enterprises worldwide. Since 1995, our capital has helped build over 17,000 affordable homes, create more than 400,000 jobs, and financed over 20,000 community facilities and social innovations.

Calvert Foundation, an impact investment industry leader based in Bethesda, MD, has been named one of the top organizations changing the world by Fast Company. Our team consists of bright, energetic and talented people who have a passion for making a difference in the world by helping underserved communities. We offer an excellent benefits package that includes a medical and dental, healthcare and transportation subsidy, 401K, subsidized parking or metro, gym membership and more.

Position Summary:

Calvert Social Investment Foundation, Inc. is seeking to fill a non-officer position of Loan Administrator to perform day-to-day loan administration activities related to the loan and equity portfolios. The individual is responsible for all aspects of loan administration, including supporting the development and implementation of new products. The role requires someone with strong operational, problem-solving and project management skills, a high level of understanding of legal documentation associated with loan and equity products, the ability to be nimble and thrive in a fast paced environment. This individual must also be able to provide a high level of service to internal and external customers. As well as share the commitment to the mission of the organization. 

 

Responsibilities:

Contribute to the success of the strategic goals and objectives of the organization by applying technical skills in the area of Loan Administration.  Specific areas of responsibility include but are not limited to: 

Contributing to Deal Approvals

  • Provide feedback on proposed loan structures. 
  • Review and provide feedback as it relates to Loan Administration on proposed credit transactions 
  • Attend Investment Committee meetings

Loan Closings

  • Maintain Closing Checklist.
  • Review closing documents for alignment with approved teams and conditions. 
  • Coordinate with Borrowers and Internal Teams (Investments Team, Legal Counsel, and Risk Management) to ensure all documents necessary for closing have been received, reviewed, and approved as required. 
  • Provide support to Loan Administration Senior Officer and Director

Disbursement of Funds

  • Review and prepare loan disbursements
  • Coordinate pending disbursements with internal teams. 
  • Provide support to Loan Administration Senior Officer and Director

Monitoring

  • Set-up loans in the loan servicing system, in conformance with closing documentation and approved terms and conditions. 
  • Prepare and send monthly invoices to Borrowers
  • Prepare pay-off statements, as requested
  • Ensure that payments are properly applied. 
  • Track and manage loan maturities.
  • Monitor hedges for foreign currency denominated loans. 
  • Monitor Borrower request and follow up with Borrowers for problem resolution. 

Community Investment Note Administration

  • Provide back-up to the Note Administrator as needed. 

General Responsibilities

  • Work cross-functionally with other departments to identify requirements and manage implementation of new products. 
  • Maintain electronic files
  • Monthly updates to Salesforce
  • Ensure all forms and updates are complete for month-end close

Requirements:

  • 3-5 years loan administration experience in the financial services industry; 
  • Strong operational and project management skills, with excellent attention to detail. 
  • Comfortable with working with technology
  • Familiarity with Nortridge or similar loan servicing system, desired.
  • Strong Microsoft Office experience
  • Strong commitment to quality and superior customer service. 
  • Exceptional interpersonal skills, with the ability to interact with people internally and externally. 
  • Solid team player, with the ability to manage through influence.
  • Undergraduate degree in business administration or equivalent work experience.

 

 

Compensation:

Negotiable

How to Apply:

jobs@calvertfoundation.org

Senior Officer, Loan Administration Calvert Foundation
Bethesda, MD
Job Function: Lending/Loan Operations
Posted: March 10, 2017

Background:

Calvert Foundation is a nonprofit organization that has pioneered a new type of investing; delivering a financial and social return on investments. Through the Community Investment Note, Calvert Foundation has raised $1billion in investment from more than 13,000 investors to invest in hundreds of nonprofits and social enterprises worldwide. Since 1995, our capital has helped build over 17,000 affordable homes, create more than 400,000 jobs, and financed over 20,000 community facilities and social innovations.

Calvert Foundation, an impact investment industry leader based in Bethesda, MD, has been named one of the top organizations changing the world by Fast Company. Our team consists of bright, energetic and talented people who have a passion for making a difference in the world by helping underserved communities. We offer an excellent benefits package that includes a medical and dental, healthcare and transportation subsidy, 401K, subsidized parking or metro, gym membership and more.

Position Summary:

Calvert Social Investment Foundation, Inc. is seeking to fill a Senior Officer position of Loan Administration to perform day-to-day loan administration activities related to the loan and equity portfolios.  The individual is responsible for all aspects of loan administration, including supporting the development and implementation of new products.  The role requires someone with strong operational, problem-solving and project management skills, a high level of understanding of legal documentation associated with loan and equity products, the ability to be nimble and thrive in a fast paced environment.  This individual must also be able to provide a high level of service to internal and external customers.  As well as share the commitment to the mission of the organization.

Responsibilities:

Contribute to the success of the strategic goals and objectives of the organization by applying technical skills in the area of Loan Administration.  Specific areas of responsibility include but are not limited to: 

Contributing to Deal Approvals

  • Attend Investment Committee meetings
  • Provide feedback on proposed loan structures. 
  • Review and provide feedback as it relates to Loan Administration on proposed credit transactions 
  • Conduct interviews with various Lenders to ensure alignment with Calvert Foundation strategy and proposed transaction, if applicable

Loan Closings

  • Maintain Closing Checklist.
  • Review closing documents for alignment with approved teams and conditions. 
  • Coordinate with Borrowers and Internal Teams (Investments Team, Legal Counsel, and Risk Management) to ensure all documents necessary for closing have been received, reviewed, and approved as required. 
  • Coordinate closings with multiple Lenders, if applicable

Disbursement of Funds

  • Review and prepare loan disbursements
  • Review and monitor construction loans
  • Review construction consultants reports
  • Coordinate disbursements with internal teams
  • Coordinate disbursements with external lenders. 

Monitoring

  • Set-up loans in the loan servicing system, in conformance with closing documentation and approved terms and conditions. 
  • Prepare and ensure payments are made timely to participating lenders
  • Prepare and send monthly invoices to Borrowers
  • Prepare pay-off statements, as requested
  • Ensure that payments are properly applied. 
  • Track and manage loan maturities.
  • Perform monthly audit of new loan closings to ensure set up accuracy
  • Monitor hedges for foreign currency denominated loans. 
  • Monitor Borrower request and follow up with Borrowers for problem resolution. 

Community Investment Note Administration

  • Provide back-up to the Note Administrator as needed. 

General Responsibilities

  • Work cross-functionally with other departments to identify requirements and manage implementation of new products. 
  • Assist is revising and maintaining current procedures for Loan Administration
  • Provide recommendations for process improvements
  • Provide support as the organization implements new core systems (loan servicing, accounting, portfolio management, etc)

Requirements:

  • 5-7 years loan administration experience in the financial services industry; 
  • Strong operational and project management skills, with excellent attention to detail. 
  • Comfortable with working with technology
  • Construction monitoring experience
  • Familiarity with Nortridge or similar loan servicing system, desired.
  • Strong Microsoft Office experience
  • Strong commitment to quality and superior customer service. 
  • Exceptional interpersonal skills, with the ability to interact with people internally and externally. 
  • Solid team player, with the ability to manage through influence.
  • Undergraduate degree in business administration or equivalent work experience.

 

Compensation:

Negotiable

How to Apply:

jobs@calvertfoundation.org

Community Lending Officer (Bilingual Preferred) Accion
Las Vegas, NV
Job Function: Lending/Loan Operations
Posted: March 10, 2017

Background:

A nonprofit leader in the high-impact fields of community development and microfinance, Accion is dedicated to helping entrepreneurs realize their dreams and fuel increased economic opportunity and mobility through business ownership. Since 1994, Accion has infused more than $102 million in the growth and success of more than 7,000 small businesses across Arizona, Colorado, Nevada, New Mexico, and Texas.

Accion is a member of the Accion U.S. Network, the largest and only nationwide nonprofit micro- and small business lending network in the United States. Since 1991, the members of the Accion U.S. Network have collectively made more than 57,000 loans totaling over $500 million. Globally, Accion (www.accion.org) is a pioneer in microfinance, reaching millions of individuals through its international network of partners.

Position Summary:

We’re looking for a Community Lending Officer to help us pioneer our growth in Las Vegas, NV. A successful Community Lending Officer wears the hat of a banker and has the heart of a social worker. Equal parts analytical and relational, he or she feels at home interacting with people from a variety of backgrounds and cultures, including small business owners, banking partners, public sector leaders, and impact investors, and is equally comfortable analyzing financial documents to understand business needs.

Responsibilities:

  • Support Accion’s strong relationship culture through on-going customer contact, quality customer service, and superior product knowledge;
  • Lead clients through all stages of the lending process from origination to loan closing; 
  • Analyze business owners’ financial history to provide customized credit solutions;
  • Structure and close loans based on monthly goals;
  • Develop referral relationships with community partners such as banks, local chambers and small business development centers; and
  • Develop and maintain a pipeline of new loan applicants.

 

Requirements:

  • Community Lending Officers must have a passion for helping people and a gift for building relationships;
  • Excellent business development and outreach skills;
  • Equally excellent execution skills for closing loans and providing outstanding customer service;
  • One to three years of professional experience and a bachelor’s degree are preferred; 
  • English/Spanish fluency preferred;
  • Ability to travel occasionally is required.

Compensation:

Accion offers an excellent total compensation package, including competitive base salary, the opportunity for exciting incentive pay, health and dental coverage, retirement benefits, and generous paid time off.

How to Apply:

To apply please visit https://careers-accionnm.icims.com/jobs/1037/community-lending-officer/job

Community Lending Officer (Bilingual Preferred) Accion
Dallas, TX
Job Function: Lending/Loan Operations
Posted: March 10, 2017

Background:

A nonprofit leader in the high-impact fields of community development and microfinance, Accion is dedicated to helping entrepreneurs realize their dreams and fuel increased economic opportunity and mobility through business ownership. Since 1994, Accion has infused more than $102 million in the growth and success of more than 7,000 small businesses across Arizona, Colorado, Nevada, New Mexico, and Texas.

Accion is a member of the Accion U.S. Network, the largest and only nationwide nonprofit micro- and small business lending network in the United States. Since 1991, the members of the Accion U.S. Network have collectively made more than 57,000 loans totaling over $500 million. Globally, Accion (www.accion.org) is a pioneer in microfinance, reaching millions of individuals through its international network of partners.

Position Summary:

We’re looking for a Community Lending Officer to help us pioneer our growth in Dallas, Texas. A successful Community Lending Officer wears the hat of a banker and has the heart of a social worker. Equal parts analytical and relational, he or she feels at home interacting with people from a variety of backgrounds and cultures, including small business owners, banking partners, public sector leaders, and impact investors, and is equally comfortable analyzing financial documents to understand business needs.

Responsibilities:

  • Support Accion’s strong relationship culture through on-going customer contact, quality customer service, and superior product knowledge; 
  • Lead clients through all stages of the lending process from origination to loan closing; 
  • Analyze business owners’ financial history to provide customized credit solutions;
  • Structure and close loans based on monthly goals;
  • Develop referral relationships with community partners such as banks, local chambers and small business development centers; and
  • Develop and maintain a pipeline of new loan applicants.

Requirements:

  • Community Lending Officers must have a passion for helping people and a gift for building relationships;
  • Excellent business development and outreach skills;
  • Equally excellent execution skills for closing loans and providing outstanding customer service;
  • One to three years of professional experience and a bachelor’s degree are preferred; 
  • English/Spanish fluency preferred;
  • Ability to travel occasionally is required.

Compensation:

Accion offers an excellent total compensation package, including competitive base salary, the opportunity for exciting incentive pay, health and dental coverage, retirement benefits, and generous paid time off.

How to Apply:

To apply please visit https://careers-accionnm.icims.com/jobs/1012/community-lending-officer-i/job

Commercial Loan Documentation Specialist Craft3
Portland, OR
Job Function: Lending/Loan Operations
Posted: March 8, 2017

Background:

Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.

 

 

Position Summary:

Responsible for providing on-going preparation and monitoring of commercial loan documentation, billings, payments and filing. Provide loan processing for Craft3 Commercial Lending including loan documents, due diligence, and ongoing support to the lending team and risk management.

Responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES include all or some of the following. Craft3 reserves the right to change, add or delete responsibilities and duties as seen fit. An employee’s specific job duties, priorities and performance expectations are detailed in his/her individual performance plan.

  • Prepares and oversees commercial loan documentation and ensures loan policies and procedures are administered consistently within the department in accordance with Craft3’s objectives. 
  • Oversees loan closings; insures loan packages/requests received have all pertinent information required to develop a complete loan presentation working with lender to satisfy all conditions. Provide interpretation of legal documents to lenders and borrowers. Perfect collateral liens and maintain renewals as necessary; may also prepare loan documentation for 3rd parties serviced by Craft3.
  • Manage loan disbursements; review disbursements and ensure timely delivery of funds to borrowers.
  • Provides customer service and administrative support for commercial lending department, includes meeting and greeting customers in person and on the phone; ensure customer requests are being met on a timely basis.
  • Provides support to third party loan servicing contacts including preparation of loan documentation, posting of payments, and providing reports as needed. Make recommendations to policy to ensure compliance within lending parameters.
  • Electronic file administration; ensure protocols for electronic file set up and maintenance is adhered to, work with lenders to ensure e-files are audit ready at all times.
  • Update Portfolio Administration Guide SOP as delegated.
  • Verifies titles received for new loans and audit agencies.
  • Enters and maintains loan data in Craft3’s loan servicing system.
  • Works with Finance Department on pending loan transactions, payments and payoffs.
  • Keeps accurate records, notes and tickles in client relationship database; addressing any discrepancies in data accuracy in a timely manner with lenders and Risk Management.
  • Assist lending team and Risk Management to ensure construction projects are monitored per loan requirements and reporting is documented to file.
  • Works with lenders to prepare appraisal request letters.
  • Executes authority to implement management policies or operation practices.
  • Update loan documentation and loan servicing platforms (LaserPro) including the SBA Module and is responsible for compliance for SBA lending.
  • Support Commercial Portfolio Manager in efforts.

Third Party Service Agreements

  • Provide contracted services for third parties; loan documents, reporting and loan servicing.

Supervision and Brand Management

  • Manage individuals, including performance planning and review, training and mentoring, assignment of duties and resolution of human relationship issues that arise.
  • Support Management and Supervisors Priorities Agreement; Collaboration, Behaviors, Accountability and Compliance.
  • Support the organization's All Team performance standards; Companywide Competencies.
  • Demonstrate stewardship for the Craft3 Brand.

AUTHORITIES

Reporting

  • Monthly internal and quarterly external.
  • Requests funds for title recording fees

Payments

  • Initiating disbursement to Craft3 clients and vendors. 

POSITION SCOPE – Direct Reports – Commercial Loan Document Specialist 
POSITION SCOPE – Indirect Reports - None
PEER POSITIONS – Credit Risk Administrator

Requirements:

QUALIFICATIONS

  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

TYPICAL PROBLEM SOLVING

  • Applies common sense understanding to carry out detailed and complicated written or oral instructions. Dealing with problems involving many variables in sometimes difficult and stressful situations. Examples include: resolving conflicts, dealing with sometimes irate and impatient clients, and managing many simultaneous high priority projects and user requests.

MINIMUM EDUCATION REQUIREMENTS

  • Associate's degree (AA) or equivalent from two-year College or technical school; or 3-5 years related experience and/or training; or equivalent combination of education and experience.

MINIMUM WORK EXPERIENCE

  • 3-5 years of clerical experience in a lending environment and commercial loan documentation and Real Estate title insurance review.

OTHER SKILLS AND ABILITIES

  • Applies common sense understanding to carry out detailed and complicated written or oral instructions; Dealing with problems involving many variables in sometimes difficult and stressful situations. Proficiency with major software programs: e.g. LaserPro, Contact Management Systems, MS Office Suite

CERTIFICATES, LICENSES, REGISTRATIONS

  • Notary Public

WORK ENVIRONMENT

  • The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • The noise level in the work environment is usually low to moderate as found in typical office environments.

PHYSICAL DEMANDS

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to walk. The employee is occasionally required to stand and reach with hands and arms. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision. Some travel to company events and branch offices will be required.

Compensation:

Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, and 403B Retirement savings plan with employer match.

How to Apply:

Application deadline is March 24, 2017
To apply complete the application online at: www.Craft3.org/Careers/Jobs 
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=73348&lang=en_US&source=CC2

Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.

Executive Director FORGE, Inc.
Hunstville, AR
Job Function: Other
Posted: March 7, 2017

Background:

FORGE, Inc. is a not for profit, SBA Microloan Intermediary, Community Development Financial Institution (CDFI) whose mission is to provide low income groups with affordable credit. FORGE, Inc. provides small business loans and development services to a wide spectrum of clients. The Board of Directors has recently approved a strategic plan that includes increasing its lending services to include all of Arkansas. For more information on FORGE, visit our website at forgeonline.com.

Position Summary:

FORGE is seeking an Executive Director to help lead the organization as it expands statewide.

Responsibilities:

The Executive Director is responsible for leading the organization in all areas including: fund raising, financial management, human resources, marketing, lending operations, program development, small business technical assistance and organizational growth. Position is full-time with benefits.

Requirements:

Must be highly motivated, have strong communication skills, be comfortable with financial statements,  have a bachelor’s degree and five years experience in management OR an equivalent combination of education and experience. Experience operating a small business or farm is preferred. Applicant must be able to demonstrate a commitment to serving disadvantaged communities. Extensive travel is required.

Ability to work remotely for a portion of the workweek is a possible.

Compensation:

Commensurate with experience and qualifications.

How to Apply:

Please submit a cover letter and resume to FORGE, Box 1138, Huntsville, AR 72740 or email to charlie@forgeonline.com. Contact Charlie Stockton at 479-738-1585 for a detailed job description. Position open until filled.

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