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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.

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Analyst, Impact Investing Tideline
Austin, TX
Job Function: Research and Analytics
Posted: July 10, 2017

Background:

Tideline is a consulting firm that provides tailored advice to clients developing impact investment strategies, products, and solutions. Our mission is to help clients excel in realizing financial and societal value. We believe in shared, sustainable prosperity powered by market-based solutions. To that end, our services include investment strategy, investment product development, market intelligence and due diligence, strategic advice, and thought leadership.

Our multi-disciplinary team delivers services of unmatched quality, grounded in deep, rigorous research and analysis. Past clients have included leading investment firms and foundations active in impact investing. Tideline was founded in 2014 with offices in New York City and San Francisco and currently has a growing team led by the firm’s partners: Christina Leijonhufvud, Ben Thornley, and Kim Wright-Violich.

Position Summary:

This is a unique opportunity for an early- to mid-career individual with an interest in consulting and impact investing.

The Analyst will have an opportunity to play an important role on client projects, including through research and analysis, assisting in the development of client materials, and, depending on the individual’s background and expertise, financial modeling and investment product design. Tideline’s clients include top-tier financial and philanthropic institutions working on a wide range of issues related to impact investing, so there will be excellent opportunities to build broad and practical knowledge.

Candidates will be considered for any of Tideline’s offices: New York, San Francisco, and/or Austin.

Responsibilities:

Core responsibilities include:

  • Performing research and analysis related to client projects, including literature reviews, summaries of findings, participation in expert interviews, etc.
  • Supporting preparations for, and participating in, team brainstorming and strategy development for client projects
  • Developing client materials, including PowerPoint presentations and reports
  • Supporting financial analysis and modeling efforts for client projects (as applicable given candidate experience)
  • Supporting general administrative and operational tasks related to projects and the firm

Requirements:

The ideal candidate has a flexible, curious mindset; an entrepreneurial, collaborative disposition; and a commitment to advancing social and environmental outcomes. Every member of the team embodies our firm’s values: excellence, commitment, and openness. The team is fun, too, and often feels like an extended family for each of its members.
 
Desired qualifications and experiences include:

  • Bachelor’s degree
  • Ability to manage multiple tasks with high attention to detail and organization, both individually and as part of a team
  • Strong proficiency with Microsoft Office applications, particularly PowerPoint, Word, and Excel
  • Strong written and oral communication skills
  • Ability to think critically and creatively in approach to solving problems
  • Knowledge of impact investing, finance, and/or philanthropy preferred
  • Ideally, experience in financial analysis, preferably as an analyst or associate at an investment bank, M&A advisory firm, and/or investment firm
  • Demonstrated ability to exercise initiative, sound judgment, and discretion
  • Strong interpersonal and relationship-building skills
  • Sense of humor and self-awareness

Compensation:

Commensurate with experience

How to Apply:

Please apply through the following link, and you may send any questions to info@tideline.com: https://tideline.bamboohr.com/jobs/view.php?id=17

Analyst, Impact Investing Tideline
San Francisco, CA
Job Function: Research and Analytics
Posted: July 10, 2017

Background:

Tideline is a consulting firm that provides tailored advice to clients developing impact investment strategies, products, and solutions. Our mission is to help clients excel in realizing financial and societal value. We believe in shared, sustainable prosperity powered by market-based solutions. To that end, our services include investment strategy, investment product development, market intelligence and due diligence, strategic advice, and thought leadership.

Our multi-disciplinary team delivers services of unmatched quality, grounded in deep, rigorous research and analysis. Past clients have included leading investment firms and foundations active in impact investing. Tideline was founded in 2014 with offices in New York City and San Francisco and currently has a growing team led by the firm’s partners: Christina Leijonhufvud, Ben Thornley, and Kim Wright-Violich.

Position Summary:

This is a unique opportunity for an early- to mid-career individual with an interest in consulting and impact investing.

The Analyst will have an opportunity to play an important role on client projects, including through research and analysis, assisting in the development of client materials, and, depending on the individual’s background and expertise, financial modeling and investment product design. Tideline’s clients include top-tier financial and philanthropic institutions working on a wide range of issues related to impact investing, so there will be excellent opportunities to build broad and practical knowledge.

Candidates will be considered for any of Tideline’s offices: New York, San Francisco, and/or Austin.

Responsibilities:

Core responsibilities include:

  • Performing research and analysis related to client projects, including literature reviews, summaries of findings, participation in expert interviews, etc.
  • Supporting preparations for, and participating in, team brainstorming and strategy development for client projects
  • Developing client materials, including PowerPoint presentations and reports
  • Supporting financial analysis and modeling efforts for client projects (as applicable given candidate experience)
  • Supporting general administrative and operational tasks related to projects and the firm

Requirements:

The ideal candidate has a flexible, curious mindset; an entrepreneurial, collaborative disposition; and a commitment to advancing social and environmental outcomes. Every member of the team embodies our firm’s values: excellence, commitment, and openness. The team is fun, too, and often feels like an extended family for each of its members.
 
Desired qualifications and experiences include:

  • Bachelor’s degree
  • Ability to manage multiple tasks with high attention to detail and organization, both individually and as part of a team
  • Strong proficiency with Microsoft Office applications, particularly PowerPoint, Word, and Excel
  • Strong written and oral communication skills
  • Ability to think critically and creatively in approach to solving problems
  • Knowledge of impact investing, finance, and/or philanthropy preferred
  • Ideally, experience in financial analysis, preferably as an analyst or associate at an investment bank, M&A advisory firm, and/or investment firm
  • Demonstrated ability to exercise initiative, sound judgment, and discretion
  • Strong interpersonal and relationship-building skills\
  • Sense of humor and self-awareness

Compensation:

Commensurate with experience

How to Apply:

Please apply through the following link, and you may send any questions to info@tideline.comhttps://tideline.bamboohr.com/jobs/view.php?id=17

Analyst, Impact Investing Tideline
New York, NY
Job Function: Research and Analytics
Posted: July 10, 2017

Background:

Tideline is a consulting firm that provides tailored advice to clients developing impact investment strategies, products, and solutions. Our mission is to help clients excel in realizing financial and societal value. We believe in shared, sustainable prosperity powered by market-based solutions. To that end, our services include investment strategy, investment product development, market intelligence and due diligence, strategic advice, and thought leadership.

Our multi-disciplinary team delivers services of unmatched quality, grounded in deep, rigorous research and analysis. Past clients have included leading investment firms and foundations active in impact investing. Tideline was founded in 2014 with offices in New York City and San Francisco and currently has a growing team led by the firm’s partners: Christina Leijonhufvud, Ben Thornley, and Kim Wright-Violich.

Position Summary:

This is a unique opportunity for an early- to mid-career individual with an interest in consulting and impact investing.

The Analyst will have an opportunity to play an important role on client projects, including through research and analysis, assisting in the development of client materials, and, depending on the individual’s background and expertise, financial modeling and investment product design. Tideline’s clients include top-tier financial and philanthropic institutions working on a wide range of issues related to impact investing, so there will be excellent opportunities to build broad and practical knowledge.

Candidates will be considered for any of Tideline’s offices: New York, San Francisco, and/or Austin.

Responsibilities:

Core responsibilities include:

  • Performing research and analysis related to client projects, including literature reviews, summaries of findings, participation in expert interviews, etc.
  • Supporting preparations for, and participating in, team brainstorming and strategy development for client projects
  • Developing client materials, including PowerPoint presentations and reports
  • Supporting financial analysis and modeling efforts for client projects (as applicable given candidate experience)
  • Supporting general administrative and operational tasks related to projects and the firm

Requirements:

Qualifications:

The ideal candidate has a flexible, curious mindset; an entrepreneurial, collaborative disposition; and a commitment to advancing social and environmental outcomes. Every member of the team embodies our firm’s values: excellence, commitment, and openness. The team is fun, too, and often feels like an extended family for each of its members.
 
Desired qualifications and experiences include:

  • Bachelor’s degree
  • Ability to manage multiple tasks with high attention to detail and organization, both individually and as part of a team
  • Strong proficiency with Microsoft Office applications, particularly PowerPoint, Word, and Excel
  • Strong written and oral communication skills
  • Ability to think critically and creatively in approach to solving problems
  • Knowledge of impact investing, finance, and/or philanthropy preferred
  • Ideally, experience in financial analysis, preferably as an analyst or associate at an investment bank, M&A advisory firm, and/or investment firm
  • Demonstrated ability to exercise initiative, sound judgment, and discretion
  • Strong interpersonal and relationship-building skills
  • Sense of humor and self-awareness

Compensation:

Commensurate with experience

How to Apply:

Please apply through the following link, and you may send any questions to info@tideline.comhttps://tideline.bamboohr.com/jobs/view.php?id=17

Loan Associate The Northern California Community Loan Fund
San Francisco, CA
Job Function: Lending/Loan Operations
Posted: July 7, 2017

Background:

The Northern California Community Loan Fund (NCCLF) was founded in 1987 to create a socially responsible investment vehicle to provide capital and expertise to revitalize low-income communities.  NCCLF has grown into a $60 million intermediary nonprofit organization that provides loans, New Markets Tax Credits, consulting, and technical assistance to groups that develop low-income housing, community facilities, essential health and human services, nonprofit enterprises, and solutions to the critical issues facing the nonprofit sector.  For more information on our programs and services, please visit our website at www.ncclf.org.
 
NCCLF has historically provided loans and NMTC financing primarily to nonprofits, alternatively structured enterprises such as co-ops, and food-related businesses throughout the 46 northernmost counties of California.  Our borrowers have made use of our financing to develop affordable housing, a wide range of community facilities, promote economic development and access to healthy foods, and provide working capital in order to make a difference in the lives of those who need help the most.  

Position Summary:

The Loan Associate will assist with the lending, monitoring and reporting operations for a highly successful community development financial institution.  Responsibilities will include documenting and closing commercial real estate, construction and working capital loans and lines of credit to organizations serving low-income communities in Northern California. The Loan Associate will also be responsible for Lending Department operations and monitoring functions to ensure compliance with terms and conditions of all loans including preparing and maintaining lending records and reports.  NCCLF currently has a loan portfolio of approximately 70 borrowers with aggregate outstanding balances of over $45 million, and a New Market Tax Credit (NMTC) portfolio of over $158 million, covering seventeen projects. 

The position requires a highly motivated person with a background in commercial real estate or small business lending operations.  The ideal candidate is also someone who understands the unique needs of nonprofit human service providers, affordable housing developers, or healthy foods enterprises.  The candidate must be a self-starter, have the demonstrated ability to accurately and efficiently work on several tasks simultaneously and have superior written and verbal communication skills.  Finally, the candidate should enjoy working in an active and expanding nonprofit and thrive in a friendly, cooperative, and fast-paced environment

Responsibilities:

Loan Documentation and Closing (40%)
  • Coordinate closing and funding process in conjunction with the other Loan Associates and Manager of Loan Administration, Loan Officers, borrowers, outside legal counsel, title officers and related parties
  • Document commercial real estate loan transactions (including construction loans and New Markets Tax Credit loans) from commitment to funding in a timely manner
  • Review title reports, escrow instructions, loan documents, surveys, environmental, property condition reports, insurance and other exhibits ensuring no losses as a result of improper closing procedures
  • Ensure compliance with all loan requirements, commitment and approval conditions
  • Anticipate and effectively manage closing problems by identifying and recommending solutions to meet the needs of NCCLF and our borrowers
  • Ensure files are kept organized, maintaining an audit trail of all closing steps
Lending Operations (40%)
  • Communicate effectively with borrowers and serve as one of the primary points of contact for loan closing and post-closing 
  • Review and process funding disbursement requests, ensuring proper documentation and compliance with loan conditions.
  • Collect  quarterly financial statements and reporting documentation and assist in determining financial condition, credit-worthiness and project compliance for all borrowers
  • Monitor compliance with credit policies covering risk management and participate in quarterly monitoring and loan loss reserve meetings 
  • Maintain working knowledge of loan policies and protocols
  • Work closely with Finance Department to ensure correct accounting for all loans 
  • Effectively track, analyze, communicate, and make recommendations to address loan delinquencies 
  • Maintain post-closing credit and monitoring of original documents and electronic files
  • Prepare and maintain Lending Department operations and activity reports
  • Maintain the loan portfolio management system and related databases
Social Impact, Compliance & Reporting (10%)
  • Work with Finance and other staff to prepare annual and quarterly reports to the CDFI Fund and multiple other funders and investors
  • Work collaboratively with other departments to manage information, reporting and document preparation for various internal and external needs include funding requests, grant reports, annual audit, securities permit application and compliance with investor covenants.
Other duties as assigned (10 %)
  • Assist or lead ad-hoc projects as assigned that may include industry research, product development, operational efficiency, compliance and reporting systems protocol, social impact tracking development, funding applications or policy analysis 

Requirements:

Minimum Required Qualifications
  • Undergraduate degree in business, finance, economics, accounting or related field
    Minimum of two years of commercial real estate or small business loan operations experience with a demonstrated expertise in loan closing and monitoring, preferably in the field of community development lending
  • Must demonstrate a high level of attention to detail and commitment to accuracy
  • Excellent communication and organizational skills
  • Superior judgment and prudent decision making abilities
  • Financial analysis and database skills (e.g. Salesforce) with a demonstrated proficiency in MS Office Suite
  • Demonstrated ability to consistently multi-task and manage a varied and occasionally intense workload 
  • Exhibit a high degree of professionalism demonstrating accuracy, timeliness, and teamwork
  • Ability to build relationships internally and externally and elicit confidence by demonstrating reliability and professionalism 
  • Strong team player and ability to work effectively in a cooperative and diverse environment
  • Enthusiasm, entrepreneurial spirit, and a strong commitment to work in community development
  • Ability to develop strong relationships with clients and other stakeholders.
Desired Qualifications, Skills and Experience
  • Understanding of and experience with affordable housing development, nonprofit community facility construction, and asset management
  • Familiarity with real estate loan documents and basic legal term
  • Understanding of and experience with either the New Markets Tax Credit program or Healthy Foods access.
  • Knowledge and experience with nonprofit community-based organizations 
 
Relationships
  • Position reports to the Manager of Loan Administration; communicates regularly with borrowers and clients; attends and participates in Loan Committee meetings; interacts extensively with the lending team and staff/management in other NCCLF departments; and represents NCCLF to outside constituencies.
Job Context
Position is pivotal to the success of the Lending and Finance Departments and operates in a collaborative, cooperative, team environment.  Workload will vary requiring flexibility with time. Outside and evening meetings are occasionally required.  
 
Hours and Location
  • Full-time position
  • Work hours will be predominantly during regular business hours, although occasional evening or weekend hours will be required.  A flexible schedule can be accommodated.
  • Worksite will be based within the offices of NCCLF in San Francisco

Compensation:

Competitive nonprofit salary range depending upon experience, plus an excellent benefits package including health, dental, retirement plan and three weeks’ vacation.  

NCCLF is an equal opportunity employer; people of color and women are strongly encouraged to apply.

How to Apply:

To Apply:  Send resume and cover letter (Attn: Loan Associate Search) via fax to 415-392-8216 or email to info@ncclf.org. Application Deadline: Open until filled.

 

Consumer Lender Craft3
Portland, OR
Job Function: Finance
Posted: July 7, 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:

Position is responsible for managing a pipeline of consumer loans from application to closing as including all customer and program partner communication through the loan process.  The successful applicant will be able to quickly learn Craft3’s systems and procedures to independently use Craft3’s loan management databases to process and underwrite loans, produce loan documents, and track data and metrics.  Effective communication with internal colleagues, external partners, and customers will be essential to achieving individual lending success and team performance metrics.  This communication includes, but is not limited to, navigating the loan process with clients, and partners, obtaining all necessary documentation, and managing work flows.

Craft3’s dynamic consumer lending team creates and delivers unique loans across Oregon and Washington to address unmet community needs.  Our programs are designed to serve a range of client types but specialize in making credit available to those with low to moderate incomes and challenged-credit histories, while maintaining strict adherence to state and federal consumer lending laws.  Our team consists of consumer lenders, loan servicing, program and portfolio management professionals who embrace creative lending and use smart credit risk management practices to achieve these goals with low rates of loss.

ESSENTIAL RESPONSIBILITIES AND DUTIES include some or all of the following and are not intended to be all-inclusive. 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.

  • New loan origination: Coordinate and execute the full loan origination process, including support to the customer, application review, and underwriting, documentation, and customer/partner communication.
  • Customer Service:  Assist clients and program partners in navigating the loan process.
  • External partner coordination throughout the loan process: work with program partners and construction companies to navigate the loan process, keeping all parties are aware of loan status and next-steps.  Obtain project documentation, and fulfill disbursements requests for timely payment to borrowers or contractors
  • Contribute to marketing and outreach, by representing the program at community meetings and in contractor visits, obtaining client testimonials, writing blog posts about the loan program, and pursuing other strategies, as needed. Data accuracy and integrity: Meet Craft3’s high data accuracy and integrity and compliance standards by following protocols, performing self-audits, and suggesting process improvements to strengthen systems and procedures.
  • Support consumer team members as needed, such as by reviewing files and collaborating on complex scenarios.

As a member of the Consumer Team

  • Leadership on and/or management of discrete projects from time to time that require engagement of members of the consumer team, other business units and/or partners.
  • Provide exceptional customer service to all Craft3 loan clients and partners.
  • Utilize Craft3 lending platforms for loan management including ensuring quality control and high levels of accuracy and integrity.
  • Contribute to developing and documenting consumer department procedures and processes.
  • Maintain high standards of accuracy and consistency of record keeping and data management.
  • Adhere to all federal and state compliance guidelines relative to the position.
  • Collaborate with other Craft3 departments to streamline systems and processes.

Brand Management

  • Support the organization's All Team performance standards; Ownership, Respect, and Flexibility 
  • Demonstrate stewardship for the Craft3 Brand.

AUTHORITIES

  • Approve consumer loans per defined process/parameters, including Energy Efficiency, Clean Water, and Ada Developers Academy loan programs.
  • Approve   and   coordinate   Changes   in   Terms   agreements   for   consumer   loan   per   defined process/parameters.
  • Amend/reduce rates/terms as needed to avoid high-cost loan parameters.
  • Authorize disbursement of loan proceeds through finance per specified process/parameters.
  • In support of Payment & Loan Servicing, if required: Negotiate payment arrangements with past-due borrowers, negotiate related Changes in Terms proposals, waive late payment fees when deemed appropriate, reduce subordination fees when deemed appropriate.
  • Authorize distribution of loan documents meeting program parameters.
  • Authorize disbursement of loan proceeds through finance per specified process/parameters.
  • In support of Payment & Loan Servicing, if required:  Waive late payment fees when deemed appropriate, reduce subordination fees when deemed appropriate.

POSITION SCOPE – Direct Reports – None

POSITION SCOPE – Indirect Reports – None

Responsibilities:

QUALIFICATIONS

To perform this job successfully, an individual must be able to demonstrate leadership in the accomplishment of the responsibilities of the position. The required qualifications listed below are representative of the knowledge, skill, and/or ability required to achieve success in this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

TYPICAL PROBLEM SOLVING

Apply strategic problem solving and troubleshooting skills, collaboration and relationship management skills, and common-sense understanding to complicated situations.  Address challenges involving many variables and/or parties in sometimes difficult and stressful situations. Examples include: managing many simultaneous high priority projects and user requests, juggling urgent customer service needs, building consensus amongst internal staff and/or partners, identifying and developing procedures to meet stated needs, and other situations that may arise.

Requirements:

MINIMUM EDUCATION AND WORK EXPERIENCE REQUIREMENTS

Associates Degree or equivalent experience required. Minimum three years’ experience in lending, banking, community development, program management, nonprofit program implementation, and/or customer service preferred. Experience with consumer lending (such as loan processing, documentation, funding) a plus.

OTHER SKILLS AND ABILITIES

  • Motivated self-starter with an entrepreneurial spirit
  • Excellent customer service skills including relationship building success with internal and external partners.
  • Project management and leadership skills.
  • Strong collaboration skills with internal and external colleagues, local and at satellite offices.
  • Strong oral and written communication, and keen attention to detail.
  • Ability to develop new procedures to meet identified needs and/or to adjust to changes in procedures.
  • Strong work ethic, a high level of integrity, and the desire to achieve.
  • Strong prioritization, organization, and effective time management to succeed in fast-paced environment.
  • Proficiency with loan and customer relations management database platforms.
  • Demonstrated ability to adhere to policies, procedures, and regulatory banking requirements.

CERTIFICATES, LICENSES, REGISTRATIONS

(May be obtained during employment at Craft3)

  • Notary Public for Washington and Oregon 
  • Mortgage Loan Originator licenses for Washington and Oregon through NMLS 

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 and 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. 
  • Periodic travel to other Craft3 offices in Oregon and Washington 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:

To apply, complete the online application and submit a cover letter and resume at: www.Craft3.org/Careers/Jobs  
Or copy URL:  https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=91410&lang=en_US&source=CC2

The resume and cover letter combined must be enclosed as an attached PDF document of no more than three pages in length (one for the cover letter and two for the resume). Applications that do not meet these requirements will not be reviewed.

Resumes should clearly state experience including relevant current and previous positions with company name, job title, dates held, job responsibilities/results; education, certifications, and licensees obtained with dates; relevant computer skills, and/or anything else to help us assess your experience and fit with Craft3.

Position is open until filled.  Applications will be reviewed starting on 07/10/17 

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

Loan Portfolio Manager New York City Energy Efficiency Corporation (NYCEEC)
New York, NY
Job Function: Lending/Loan Operations
Posted: July 6, 2017

Background:

A young, non-profit specialty finance company, New York City Energy Efficiency Corporation (NYCEEC) finances energy efficiency and clean energy projects that reduce greenhouse gas emissions and save energy.  We finance innovative clean energy technologies with creative financial structures to advance this new and exciting field.  We are passionate about making the world greener, cleaner and more sustainable!  Please see our website @ www.nyceec.com.  

 

Position Summary:

We are seeking an experienced, pragmatic and results-oriented manager to lead the loan portfolio management function at NYCEEC, and to help guide risk management. The ideal candidate will play a significant role in the NYCEEC organization.

Responsibilities:

  • Take responsibility for all financing transaction management and related activities post-closing, in close coordination with NYCEEC’s business development team.  
  • Gain a deep familiarity with NYCEEC’s portfolio of closed financing transactions and identify risk factors that require monitoring and may have lending policy implications.   Provide recommendations on policies and procedures regarding surveillance and risk management.
  • Establish a surveillance process for NYCEEC loan portfolio including monitoring of construction loans, and establish efficient and effective risk management reporting tools, in collaboration with operations staff.
  • Manage surveillance on NYCEEC’s portfolio on an ongoing basis, in a team-oriented, collaborative manner.  
    • Ensure that all ongoing informational requirements under loan docs are being met.
    • Coordinate with engineering to ensure timely receipt of post-construction energy data. 
    • Monitor compliance with financial covenants and insurance requirements. 
    • Act as first point of contact for borrowers on routine follow-up matters on outstanding loans, and interface with servicing and operational professionals as needed.
    • Approve construction draws, in coordination with legal and engineering staff.
    • Evaluate and make recommendations with respect to loan extensions or modifications.
    • Take responsibility for managing delinquent loans and reporting on status of delinquent loans, in coordination with NYCEEC’s servicing and accounting functions. 
    • Manage restructurings / workouts, with support of specialized legal counsel.
  • Conduct post-closing credit file review, and generally maintain post-closing files.
  • Provide data and analysis in support of reserving and/or write-off actions of the organization.
  • Support regular review, documentation and improvement of credit underwriting standards.
  • Provide information about project and transaction performance, and input to case studies.
Please note that this position description contains a general list of the essential responsibilities and qualifications required for the position.  It is not exhaustive, and does not represent a contract for employment.
 
NYCEEC reserves the right to modify the description at any time.

Requirements:

  • Minimum of seven years of relevant professional work experience required. 
  • Experience with matters such as: construction monitoring, loan modifications, loan extensions, foreclosures, and loan workouts.  
  • Highly systematic, detail-oriented with strong data management skills.
  • Strong and effective communication skills and organizational skills.
  • Ability to manage junior staff and external consultants effectively. 
  • Proficiency using various technology tools is required; familiarity with Adobe Acrobat Pro, Salesforce or other customer/constituent relationship management (CRM) platform, and project management software/tools strongly preferred.
  • Ability to thrive in a fast-paced environment, and to work independently as well as collaboratively, navigating a variety of working styles and personality types.
  • Bachelor’s degree required.

Compensation:

We are collaborative, professional and passionate team. We offer competitive compensation and benefits, including paid holidays, paid time off, medical, dental, and vision insurance, and a 401(k) plan.

 

How to Apply:

To apply, qualified candidates should e-mail a resume and cover letter, including where you heard about the position, to careers@nyceec.com with “Portfolio-FirstName LastName” in the subject line. Applications will be reviewed on a rolling basis, so we recommend applying early. Only candidates selected for an interview will be contacted.

No phone calls, please.

 

Community Lending Consultant Federal Home Loan Bank of San Francisco
San Francisco, CA
Job Function: Finance
Posted: July 5, 2017

Background:

The Federal Home Loan Bank of San Francisco helps meet the borrowing needs of communities by providing wholesale credit products and services to member financial institutions. The Bank is privately owned by its members, which include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada. We are part of a network of 11 regional Federal Home Loan Banks chartered by Congress in 1932 to provide low-cost credit to residential housing lenders. 

We make credit available so local financial institutions can make home mortgage, commercial real estate, small business, and other loans. We also support affordable housing and economic development through partnerships with local communities. As part of this effort, we contribute 10% of our income to the Affordable Housing Program, which provides grants to create affordable housing for lower-income households.

Position Summary:

Consult and provide expertise on the Affordable Housing Program (AHP) set-aside and other community lending programs to Bank management, members, prospective members and community organizations as required. Perform disbursement reviews of the AHP set-aside programs.  Provide technical assistance to support member’s and community organizations, and support the department‘s goal of having no significant adverse examination findings.

Responsibilities:

  • Coordinate the application process for the AHP set-aside programs and the AHEAD program, including application package revisions, website updates, and application in-take and processing.
  • Review AHP set-aside and AHEAD disbursements to ensure compliance with regulatory requirements and Bank guidelines. Maximize process efficiency, work quality and proper record entry in IRIS database as well as for record retention.
  • Provide operational and administrative support for the Bank’s Community Lending Plan, including support for the AHEAD program.
  • Provide technical assistance to members and community organizations on the AHP set-aside programs.
  • Organize, manage and deliver AHP set-aside workshops and webinars to members and local and regional community organizations.
  • Represent the Bank at conferences, workshops and meetings including the preparation and presentation of material, if required
  • Provide support on all aspects of testing, data validation, and data reporting from IRIS database, including semi-annual Finance Agency reporting. Produce reports as required. Assist operations team with month-end, Board and ad hoc reporting.
  • Maintain and manage AHP set-aside defect’s list in Quality Center. Coordinate with IS to ensure resolution of pending issues, maintenance, and quality validation of data.
  • Coordinate with Marketing Department and implement all aspects of web updates for the AHP set-aside programs, AHEAD program, and the Calendar of Events.
  • Track and process sponsorship requests and maintain records.
  • Assist with research and preparation of Board, Advisory Council and ad hoc reports.
  • Assist AVP, Community Lending in other tasks as needed.
  • Assist in other Community Investment Department projects as needed

Requirements:

  • Bachelor’s Degree in Public Policy, Business, a related field or equivalent work experience, is required.
  • Minimum three years experience in community investment, program development and administration or public policy is required. Familiarity with AHP regulations, established guidelines, policies and procedures is highly desired.
  • Excellent presentation, verbal and written communication skills, as well as strong analytical and problem solving skills are required.
  • Must be able to comfortably interface with all levels of customers, both internal and external.
  • 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 ability to interface with all levels of customers, both internal and external.
  • Ability to operate PC-based software and/or automated database systems required (e.g., Microsoft Office Suite).
  • Ability to analyze, apply, interpret, and communicate policies, procedures and regulations effectively.

The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.

Compensation:

Competitive salary, excellent benefits.

How to Apply:

Email: callista@fhlbsf.com

 

Senior Treasury Analyst Mortenson
Minneapolis, MN
Job Function: Financial Services
Posted: June 30, 2017

Background:

Mortenson's success is not a matter of luck; it's a result of our ingenuity, expertise, and exceptional people coupled with our unparalleled focus on customer service.

Position Summary:

Mortenson's success is not a matter of luck; it's a result of our ingenuity, expertise, and exceptional people coupled with our unparalleled focus on customer service.

Our foundation and culture are based upon our company values of trust, safety, teamwork, responsibility, service and stewardship. We are inspired by a compelling purpose to build structures and facilities for the advancement of modern society and a mission to create an exceptional customer experience. Mortenson has built a reputation for being a leader in our industry and in the communities in which we live and work.

It all starts with our exceptional people and exceptional teams. Mortenson has been voted a "best place to work" 38 times regionally over the past decade…

…What are you waiting for?!

Summary:

Mortenson is currently seeking a Senior Treasury Analyst. The Senior Treasury Analyst will play a key role in developing complex treasury and investment related analyses and forecasting models; act as project leader for Treasury related business initiatives and system enhancements; and be responsible for critical investment functions across various Mortenson entities.

The Senior Treasury Analyst will also partner with Treasury and Finance leadership to manage working relationships with external service providers, and step in for the Treasury Manager as a leadership contact for internal customers as needed.

Responsibilities:

  • Partner with Treasury leadership to develop strong working relationships with financial service providers, including banks, brokerage firms, investment managers, and other consultants. Act as a liaison between these providers and internal customers and business partners.
  • Play a lead role in the ongoing development of complex treasury and investment related analyses and forecasting models, often by partnering with other Finance and Accounting Team Members and external business partners. Integrate this knowledge into day-to-day cash and investment planning processes.
  • Make recommendations to Treasury and Finance leadership related to longer-term liquidity management at the entity level and across the broader enterprise. Communicate implementation plans effectively to junior Treasury, Finance and Accounting Team Members.
  • Supervise Treasury related activities for business initiatives, process improvements, system enhancements, and the formation of new entities.
  • Assist in managing the more complex investment portfolios for which Treasury is responsible, and oversee investment activities for Mortenson's insurance captives and non-qualified benefit plans. Ensure appropriate investment performance reporting is implemented and maintained for these portfolios.
  • Work with outside investment advisor's, managers and custodians to resolve investment related problems, and to implement Investment Committee directives and policy changes as required.'
  • Partner with the Treasury Manager to create and maintain investment analytics, performance reporting, proposals and other materials in support of Mortenson Management Investment Teams and Investment Committees of the Board for multiple Mortenson entities.
  • Act as a knowledge resource to less experienced Treasury, Finance and Accounting Team Members. Provide leadership and work direction to address more complex problems and service requests, such as reverse factoring payment processes, foreign letters of credit, hedging requests, fraud situations and legal settlements.
  • Learn all day-to-day and month-end cash management and investment related functions. Be prepared to act as a back-up in any of them.
  • Perform special requests as directed from senior staff.

Requirements:

  • Four-year degree or equivalent work experience in applicable field required. Certified Treasury Professional (CTP) required. Masters of Business Administration (MBA) preferred.
  • Demonstrated experience in corporate treasury and investment management required. Experience in banking or financial services strongly preferred.
  • Demonstrated analytical and problem-solving skills required, with an emphasis on modeling and forecasting.
  • Demonstrated project management skills required, particularly involving cross-functional project teams to implement system enhancements and process improvements."
  • Demonstrated oral and written communication skills required, with an emphasis on presentations and proposals to management.
  • 'Must be reliable, detailed-oriented, and capable of managing multiple projects with little or no supervision.
  • Knowledge of finance and accounting concepts required.
  • Advanced Excel skills required.
  • Strong proficiency in Word for Windows, PowerPoint and e-mail skills required.

Compensation:

DOE

How to Apply:

Apply Here: http://www.Click2apply.net/jb9mbj6pgnjnzv9f

Consultant-Financial Services Religious Communities Investment fund
Oakland, CA
Job Function: Lending/Loan Operations
Posted: June 30, 2017

Background:

The Religious Communities Investment Fund (the Fund), based in Oakland, CA,  is a coordinated effort of various Catholic Religious Congregations who believe, as Gospel people, that they are called to use their financial resources as a ministry to assist in overcoming social and environmental inequities.  The Fund is a portfolio of loans in projects consistent with the Gospel mission of economic justice for all.  The investments benefit the economically poor; especially women and children, concentrating on those who are unserved or poorly served through traditional financial sources.

Position Summary:

The consultant for financial services will assist with the monitoring and underwriting operations of the Fund.  Responsibilities will include performance reviews of loans and underwriting of loans on a case-by-case basis as well as providing back-up for loan management and accounting systems.  
 
The position requires a background in financial analysis. The ideal candidate is also someone who understands the unique needs of the nonprofit sector, particularly nonprofit community development organizations.  The candidate must be a self-starter, have the demonstrated ability to work accurately and efficiently and have superior written and verbal communication skills.  Finally, the candidate should enjoy working alone and have access to a secure internet connection and computer.

 

Responsibilities:

  • Review annual and quarterly financial statements and reporting documentation and assist in determining financial condition, credit-worthiness and project compliance for all borrowers
  • Maintain working knowledge of loan policies and protocols
  • Provide back-up for the loan portfolio management and accounting systems
  • Assist with underwriting on a case-by-case basis

Requirements:

  • Undergraduate degree in business, finance, economics, accounting or related field 
  • Minimum of two years of experience, preferably in the field of community development lending 
  • Must demonstrate a high level of attention to detail and commitment to accuracy 
  • ]Excellent communication and organizational skills 
  • Financial analysis and database skills with a demonstrated proficiency in MS Office Suite
  • Experience with Quickbooks desirable 

Compensation:

  • 10-20 hours per month. Flexible schedule.
  • Worksite will be based at home with visits to main office I Oakland, CA once or twice monthly.
  • Hourly rate depends upon experience and ranges from $75-$135 per hour.
  • Consultant is an independent contractor

How to Apply:

Send resume and cover letter to Corinne Florek, O.P. at jolt1@sbcglobal.net.  

Business Lender Craft3
Walla Walla, WA
Job Function: Financial Services
Posted: June 28, 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:

The Business Lender position is responsible for generating and underwriting new mission based business loans and servicing a loan portfolio that meets Craft3’s mission, financial and risk goals. The primary focus of lending targets small and medium businesses (not micro) in the Pacific Northwest, specifically those owned by minority, woman, veteran, and immigrant entrepreneurs and those located in low to moderate income/redevelopment areas.

Responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES include some or all of the following and are not intended to be all-inclusive. 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.  

  • Actively prospects for strategic business loan opportunities from multiple sources.  Works with Craft3 Marketing professional to coordinate strategy and support.
  • Meets prospective borrowers, collects information, evaluates loan requests, negotiates loan terms and conditions.  
  • Determines the level of complexity, mission and strategy fit, and prospect’s readiness to borrow. Underwrites loans in accordance with policy or works cooperatively with assigned Underwriter to prepare detailed risk analysis of borrowers' repayment ability including financial and industry analysis of the borrowers' businesses, presents and defends loan proposals to loan committee based on effective critical thinking.
  • Provides informal consulting to clients regarding business plans, projections and business practices. Knows and refers to effective Technical Assistance providers who will help prospects with basic pre-application work such as business plan review and feedback.
  • Monitors outstanding borrowers for conformance with loan conditions, progress in meeting business goals, and overall business performance.  Reports all emerging problem loans to management when weaknesses are detected.
  • Manages portfolio risk in accordance with industry and organization standards and directives of the Credit Risk Manager. 
  • Participates in loan collections and enforcement actions when necessary.  May specialize in a specific loan product or targeted market sectors. 
  • Participates fully with all members of the Craft3 team. Effectively uses technology tools to perform required duties.
  • Contributes to the body of knowledge, sharing best practices and suggesting process improvement ideas.

Brand Management

  • Support the organization's All Team Performance Standards: Ownership, Respect and Flexibility.
  • Demonstrate stewardship for the Craft3 Brand.

AUTHORITIES

Loan Approval

  • Limited approval authority to be determined. Full voting participation on Staff Loan Committee approvals, assigned to individuals in peer group, on a rotating basis.

Portfolio Management 

  • Interact with a portfolio of clients and outstanding loans.  This portfolio will include loan relationships initiated by the lender and also other relationships that are originated by other lenders.  
  • Insure required financial information is submitted timely by the borrower
  • Complete analysis of borrower data, and draws a conclusion if there is a change in the level of risk associated with the borrower. 

Business Development 

  • Develops and manages referral network maintaining Craft3 brand in the marketplace with quality mission fit transactions to meet lender goals.

POSITION SCOPE - Direct Reports -- None

POSITION SCOPE - Indirect Reports -- None

PEER POSITIONS -- Other lenders

POSITION SCOPE – Financial Impact - Position is essential to ensuring loan compliance and payment performance on the part of all Craft3 borrowers.

Requirements:

QUALIFICATIONS

  • A minimum of three years previous commercial banking, community development lending, financial, or similar experiences required. Previous successful business ownership highly desired.  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. Deals with problems involving many variables in sometimes difficult and stressful situations. Examples include: resolving staff conflicts, dealing with sometimes irate and impatient individuals, and managing many simultaneous high priority projects and user requests.

MINIMUM EDUCATION REQUIREMENTS AND WORK REQUIREMENTS

  • Bachelor's degree or relevant experience required. Five years of significant coursework in accounting, finance or economics required.  

OTHER SKILLS AND ABILITIES

  • Fluency in a second language is desirable. Able to deal with frequent change, delays, or unexpected events; Attention to detail, ability to balance multiple work assignments; organized work habits; ability to work independently. Proficiency with major software programs: e.g. Contact Management Systems, MS Office Suite.

CERTIFICATES, LICENSES, REGISTRATIONS

  • None specified

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.
  • A level of travel is to be expected with job responsibilities covering a geographic area that includes the States of Oregon and Washington.

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 June 23, 2017

To apply complete the application online at: www.Craft3.org/Careers/Jobs 

Or Copy URL:  https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=79806&lang=en_US&source=CC2 

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

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