Industry Job Bank

  • Make an impact and join the opportunity finance field.

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.

Leave blank for all. Otherwise, the first selected term will be the default instead of "Any".
Leave blank for all. Otherwise, the first selected term will be the default instead of "Any".

Director of Lending and Operations Women's Opportunities Resources Center
Philadelphia, PA
Job Function: Financial Services
Posted: April 5, 2017

Background:

The Women’s Opportunities Resource Center (WORC) is a nationally-recognized not-for-profit organization headquartered in Philadelphia. WORC promotes social and economic self-sufficiency primarily for women, minorities, and dislocated workers. WORC and its subsidiary company, the Economic Opportunities Fund (EOF), are certified CDFI’s which provides a wide range of financial products (micro-loans from $1,000 to $50,000). Our loan fund is capitalized at $1.2 million. To date, we have made a total of 568 direct loans totaling over $2.4 million. In addition, we have packaged 45 loans totaling more than $1.1 million as an intermediary for the SBA Pre-qualification Program. WORC is an SBA microlender and recently received a highly competitive CDFI grant and was one of ten organizations nationwide to receive the ORR Microenterprise grant for Microlending and training with refugees.

 

Position Summary:

WORC/EOF’s goal is to expand its market base and increase its loan volume and capital deployed. We are looking for a professional Director of Lending and Operations that is committed to meeting the needs of this underserved market, has demonstrated experience scaling a microenterprise organization and is comfortable with providing services to a diverse population, including refugees and immigrants.  

This position has a dual responsibility that includes leading our lending program and providing operational leadership across the organization.

Responsibilities:

  • Manages and grows the Direct Lending Program including staff and consultant supervision, program marketing, new product development, portfolio performance, asset/liability management, financial projections and assumptions, underwriting, loan servicing, collections, community partnerships and program evaluation. 
  • Provide strong operational leadership for the organization including organizational and job design, employee management and service assessment and improvement.
  • Responsible for loan portfolio quality and performance. 
  • Ensures compliance with portfolio standards e.g. that PAR 30 day + is less than 12% and annual write-off below 9%.  
  • Implements and monitors credit risk program including risk rating as well as identifying, measuring, controlling, monitoring the risks with periodic reporting to senior management and Board. 
  • Coordinates and plans the Advisory Council and Loan Committee meetings by setting the agenda, preparing reports and documents, and conducting the meetings
  • Oversees Training and Business Assistance services to ensure quality service and compliance with contract goals.
  • Responsible for grant compliance and reports as needed for funders, Advisory Council or Board of Directors.
  • Member of senior management team - develops and implements EOF business plan/marketing plan.  
  • Fundraising and capitalization - writes grants and secures funding and assists with implementing WORC’s overall fundraising strategy.
  • Performs other related duties as required.

Requirements:

A strong background in micro and small business financing and organizational leadership is required. Experience in Consumer Finance is a plus. Must be comfortable with use of technology platforms. Management experience. BS/BA in business administration, community development, or in a related field. Master’s degree preferred. Minimum of 7+ years’ experience.

Compensation:

Salary is competitive based on experience and applicable skills. Benefits include: vacation, paid holidays, health insurance and pension plan.  WORC/EOF is an equal opportunity employer and the board and staff value diversity in all aspects of employment.

How to Apply:

FOR MORE INFORMATION PLEASE CONTACT: 

Glenn Manko
glennmanko@gmail.com
Direct: 267.254.0224

Owner’s Representative - Detroit IFF
Detroit, MI
Job Function: Community Outreach
Posted: April 5, 2017

Background:

IFF improves the world by strengthening nonprofits and the communities they serve. As a mission-driven lender, real estate consultant, and developer, IFF helps communities thrive by creating opportunities for low-income communities and persons with disabilities. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Across the Midwest, we help clients from every sector, including human service agencies, health centers, schools, affordable housing developers, and grocery stores. 

Staff contributes its extensive business experience with an unrivaled connection to the mission of IFF and the nonprofit clients it serves.  IFF is looking for candidates with a commitment to the work it does and can demonstrate their creativity, detail-orientation, diligence, efficiency, enthusiasm, flexibility, organization, thoughtfulness, and sense of humor.

Position Summary:

The Owner’s Representative – Detroit manages work associated with the construction and building analysis of RES projects.  The Owner’s Representative participates in projects led by other RES staff, as well as directly coordinates and manages small- to mid-sized projects and project teams (Project Teams) under the close supervision of the Director of Real Estate Services- Michigan.  

This includes conducting site visits and analyses on potential buildings for clients, conducting facilities assessments and providing analyses of facilities, taking an active role in managing the design process on construction projects, managing all aspects of construction projects, project accounting and reporting, and managing client relationships during the construction phase of projects.  The Owner’s Representative works on many real estate projects simultaneously, participates in departmental planning meetings for projects, is an active Project Team Member on projects, and supports the work of the Vice President and other RES staff as necessary.  

Responsibilities:

Job Duties and Responsibilities: 

  1. Conducts site visits of buildings for potential lease or purchase by clients, assesses buildings and their systems for suitability for client’s intended purpose, and provides analyses of such buildings for Project Team Leaders. 
  2. Conducts facilities assessments of clients’ existing facilities according to the policies and procedures of the RES Department, assesses facilities’ major systems, layout, structure and suitability for program purposes, analyzes data collected through facilities assessments, and provides written and visual recommendations for modifications or improvements to Project Team Leaders.  
  3. Coordinates services of architects and engineers and other professionals in connection with the design phase of projects.  Ensures that such professionals are providing services according to the project criteria set, and the project schedule and budget. 
  4. Independently researches and maintains a working knowledge of building codes, life safety requirements and related compliance requirements for key IFF sectors served including, but not limited to, schools, early care and education, and health care.
  5. Leveraging field experience and/or industry tools, provides order of magnitude cost estimating for facility assessments and development projects.
  6. During the construction phase of assigned RES projects, coordinates all aspects of construction management ensuring that project goals and milestones are being met.
    • Solicits bids from and secures various real estate professionals and vendors for work on projects.  Evaluates and makes recommendations on bids and negotiates terms of works and approves hiring of vendors.
    • Coordinates pre-construction work associated with projects including securing construction estimates and any other work necessitated by the project.
    • Oversees securing permits for construction projects including meeting with government officials and addressing problems that arise to ensure permit is secured according to schedule.
    • Assists with the negotiation of construction contracts and architectural contracts for construction projects.
    • Reviews architectural plans, construction drawings and performance specifications for accuracy; identifies areas for costs savings and works with architects to produce plans that meet clients’ budgets.
    • Manages relationships with contractor and architect during construction, attends construction meetings, reviews and keeps track of shop drawing submittals, reviews and approves change orders, and works toward resolving construction-related disputes that arise.
    • Manages and tracks all construction-related accounting (including construction escrows) to ensure that project stays within budget.
    • Assesses the status of projects against their plan and schedule, identifies actual or potential problems, and facilitates and guides solutions to ensure that the projects are completed as planned.
    • Keeps Director, Vice President of Real Estate Services or Project Team Leader apprised of progress through regular updates or meetings and including them on important correspondence related to the project.
  7. Assists other Project Team Leaders as a Project Team Member in a supporting capacity and carries out duties as assigned by the Project Team Leader.  
  8. Assists Senior Owner’s Representatives, Directors and Vice President of Real Estate Services with the development and improvement of systems and procedures for project and team management within RES.  
  9. Makes presentations to and facilitates meetings with clients, represents IFF Real Estate Services at meetings, presentations and events, when requested by the Director and prepares written materials on projects for other IFF departments as needed. 
  10. Manages construction or repair work associated with the IFF’s asset management portfolio as necessary, including visiting sites, assessing facilities, hiring vendors, and working on specific projects that arise related to IFF-owned buildings.  
  11. Maintains required job knowledge and skills and core professional competencies.  Attends and participates in required educational programs and staff meetings. 
  12. Performs other duties as assigned. 

Performance Measures: 

  1. Successful completion of assigned projects according to goals set for each project, the project budget and schedule, and the RES department’s policies and procedures.  Completed projects meet quality standards.
  2. Working knowledge of building requirements, project costs and overall coordination of development projects
  3. Ability to independently evaluate facilities and develop order of magnitude repair and/or renovation costs
  4. High level of internal and external client satisfaction with respect to services provided and reports produced.
  5. Good working relationships with architects, contractors and other professionals as a result of work on projects.
  6. Internal and external meetings are facilitated in an organized way and are meaningful to the participants.  Outcomes of these meetings are analyzed and well presented.
  7. Written reports are complete, accurate and clear and follow policies and procedures. 
  8. Oral presentations are clear, well organized, comprehensive and persuasive.  Appropriate supporting material and visual aids are well utilized and enhance the presentation.

Requirements:

Education: Bachelor’s Degree required, preferably in architecture, engineering, construction management or urban planning or studies.  Advanced degree in real estate, architecture, construction management, engineering or planning preferred.

Previous Experience: At least four years experience in architecture, engineering, construction management, facilities management, or real estate development required.

Special Knowledge & Skills:

  1. Direct experience with real estate development projects.
  2. Direct construction management experience.
  3. Experience using cost estimating software and/or materials.
  4. Working knowledge of the permitting process with a municipality.
  5. Ability to review municipal zoning and building code for projects.
  6. Analytical and strategic skills; ability to plan, manage, and implement multiple projects.
  7. Ability to plan and implement complex projects.
  8. Demonstrated knowledge and understanding of construction practices and terminology. 
  9. Demonstrated ability to read and understand architectural plans and drawings.
  10. Demonstrated knowledge of a wide variety of construction materials, products and systems.
  11. Experience working with clients.
  12. Experience working with a team charged with implementing and completing multi-faceted projects.
  13. Ability to learn and use a wide variety of computer software related to project management, including word processing, data programs, spreadsheet and project management packages.
  14. Ability to work with a wide variety of people in urban neighborhoods, suburbs and throughout the state.
  15. Good communication (oral and written) and interpersonal skills.

Unusual Requirements: Travel is required.  The Owner’s Representative will visit abandoned buildings and vacant lots and inspect them fully, and inspect construction project sites.  Occasional evening and weekend work may be required.

Compensation:

Based upon experience.

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to careers@iff.org with “Owner’s Representative – Detroit” in the subject line.

IFF is an equal opportunity employer.

Chief Operating Officer LiftFund
San Antonio, TX
Job Function: Other
Posted: April 3, 2017

Background:

LiftFund is a non-profit organization (501 c 3) dedicated to the economic development of small business by providing entrepreneurs with access to credit and business support services that are not available from the commercial banking sector. We offer a “hand-up” to those striving to support themselves and their families through small business initiatives. Through our loans and services, we help entrepreneurs strengthen their businesses, stabilize and increase their incomes, create additional employment opportunities and contribute to the economic revitalization of their communities.

LiftFund is a micro and small business lender based in San Antonio with offices in Austin, Brownsville, Corpus Christi, Dallas/Fort Worth, El Paso, Houston, Laredo, McAllen, New Orleans, Memphis, Birmingham and Atlanta. The Lending footprint includes the States of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, South Carolina, Tennessee and Texas. LiftFund has assets of $69 million and has 105 employees.

Position Summary:

The Chief Operating Officer is responsible for operational and financial performance of LiftFund, as well as strategic leadership, risk management, organizational development, internal infrastructure and new business development. Partners with President and CEO to plan and prepare for future growth and coordinate strategic responses to emerging opportunities. Serves as the leader of the Operational Leadership Team which includes the Chief Financial Officer, Chief Lending Officer and the Chief Credit Officer. The goal of the COO is to support the mission, increase the organizations’ asset base, and improve the operational performance of the organization.

Responsibilities:

Business Development

  • Serve as the lead of the operations of LiftFund. Is responsible for identifying, vetting, and ensuring follow-up on new and existing business development or organizational opportunities. Provide thought leadership on operational and mission impact, organizational capacity, risk factors, and other key factors to inform strategic decision-making • Provide organizational focus and leadership for market positioning issues, identifying emerging opportunities to leverage current work and internal capacities for new business development

Organizational Effectiveness

  • Lead the development and implementation of key performance indicators (KPIs). Proactively identify performance trends, ensure ongoing reporting and engagement of team on performance successes, shortcomings and mid-course corrections, as needed
  • Champion the development, implementation and continuous improvement of a range of organizational management protocols, practices and tools, (project management, procurement, contracting, risk management, etc.) to ensure optimal deployment of LiftFund ’s resources
  • Serve as the leader of the Operational Team and advisor and counsel to the President • Provide leadership, vision, coaching, and professional development opportunities

Financial Management

  • Ensure effective financial management protocols and processes, including timely, accurate financial reporting, proper financial controls, and effective budgeting and procurement
  • Continuously assess and refine LiftFund’s financial model towards self-sufficiency; analyze and develop strategies to align organizational priorities with financial resources and outcomes
  • Provide oversight and approval of all financial commitments including contract approval, budget approval and audit preparedness

Talent Management & Organizational Development

  • Ensure the delivery of effective human resource practices and policies that are aligned with Lift Fund’s strategic priorities.
  • Foster a culture of collaboration and continuous improvement by collaborating with teams to identify operational gaps or inefficiencies, and developing competency, structural, or process-based solutions. Maintain robust succession plan for Operational Team positions to ensure organizational sustainability and mitigate operational risks

Information Technology Management

  • Provide oversight to IT function to ensure the ongoing maintenance and updating of LiftFund’s information systems and architecture, including hardware, networking, and applications, that effectively serve both the internal and mission-facing needs of the organization
  • Engender and encourage innovative, proactive integration of technology solutions in support of programmatic imperatives
  • Ensure appropriate disaster recovery measures are in effect, including standard protocols and communication measures

Administration

  • Oversee real estate portfolio and related activities for headquarters and remote offices, including lease agreements, landlord relations, subtenant agreements, and space improvements
  • Ensure effective administrative functions for LIFTFUND’s headquarters offices including physical security, liability coverage, records storage, business policies, mail and shipping, office supplies and equipment, and maintenance of a comfortable, welcoming physical environment for LIFTFUND team members and guests
  • Other duties as assigned

Requirements:

  • Minimum of ten years leadership and management experience, including at least three years in a nonprofit or socially responsible organization. Prior experience providing oversight to three or more of the following functional areas: business operations, human resources, financial management, organizational development, information technology, organizational effectiveness
  • Master’s degree in business administration, public administration, accounting, finance, human resources, organizational development, or related field. Equivalent combination of education and experience may be considered in lieu of Master’s degree
  • Strong project management and analytical skills required • Demonstrated success in developing and managing KPIs
  • Strong writing and verbal communication with the ability to communicate to diverse internal and external audiences
  • Excellent interpersonal skills, with an ability to develop and maintain strong relationships, and engender trust
  • Flexible demeanor, demonstrated resourcefulness in setting priorities and guiding investment in people and system
  • Demonstrable leadership ability, including coaching, teambuilding and performance management

Compensation:

TBD

How to Apply:

Please send cover letter and resume to Janie Hernandez, VP Human Resource. jhernandez@liftfund.com

Chief Operating Officer Accion
Albuquerque, NM
Job Function: Administrative/Operations/IT
Posted: April 2, 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. 
 
We are part of a movement working towards a financially inclusive world where all entrepreneurs can access the tools they need to achieve higher success. 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 is a pioneer in microfinance, reaching millions of individuals through its international network of partners.

Position Summary:

Accion, serving the states of Arizona, Colorado, Nevada, New Mexico, and Texas, seeks an experienced and enthusiastic Chief Operating Officer (COO) to drive excellence, innovation, and continuous improvement in its operations. This is a remarkable opportunity to take a leadership role at a Community Development Financial Institution (CDFI) at the forefront of equipping entrepreneurs to create positive economic and social change in the U.S. The position is based at Accion's regional headquarters in Albuquerque, New Mexico.

Responsibilities:

The COO will be responsible for leading the efficient, effective delivery of services and programs for a diverse and dynamic stakeholder community across a five-state region. She or he will promote a culture of initiative and accountability, motivating a staff that is passionate about Accion's mission to achieve pace-setting heights of impact. She or he will have keen attention to detail; an abiding sense of stewardship; a drive to craft and uphold processes, policies, and internal controls for peak organizational performance; and a zeal for cultivating change and rapid growth. She or he will have an exceptional capacity to instill quality control and excellence in the execution of all aspects of Accion’s operations. The COO will be a member of Accion's leadership team and will report to the President/CEO.  

Requirements:

At least 10 years of professional experience overall, with a minimum of five years as a senior organizational leader who has directed and delivered an outstanding operating environment. Bachelor’s degree required, and Master’s degree preferred.

Compensation:

Accion offers a competitive compensation package including base salary, incentive pay, health coverage, retirement, and vacation benefits.

How to Apply:

Apply here.

Evaluation, Compliance, & Policy Associate Northern California Community Loan Fund
San Francisco , CA
Job Function: Other
Posted: March 22, 2017

Background:

The Northern California Community Loan Fund works to promote economic justice and alleviate poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. Through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize Northern and Central California communities.

Position Summary:

The Northern California Community Loan Fund works with myriad programs, initiatives, and projects. Many of these require ongoing tracking, monitoring, and reporting. While these efforts are distributed across a number of departments in the organization, the Compliance and Evaluation Associate will be responsible for coordinating and supporting a substantial portion of this work. The Compliance, Evaluation, & Policy Associate holds the primary responsibility for maintaining the organization’s impact data. He/she will provide compliance support for loans and investments, government awards, and the New Markets Tax Credit (NMTC) program, among others. He/she will support the organization’s policy activities. The Compliance, Evaluation, & Policy Associate will report to the Director of Finance & Administration. He/she will work directly with and support other staff member as required on various programs, initiatives and priorities.

Responsibilities:

Outcome/Impact Tracking and Analysis (40%)

  • Ongoing collection, aggregation and analysis of program impact data.
  • Participate in continuous quality improvement efforts with all departments on impact/outcome reporting.
  • Maintain data quality by running regular reports, detecting and correcting errors.
  • Conduct regular structured interviews with borrowers, clients, investors, and other stakeholders.
  • Data preparation for periodic and annual reports
  • Update and refresh data dictionary and methodology manual as appropriate.
  • Provide ad hoc data to staff upon request
  • Assist departments with ongoing monitoring of actual performance to plan goals

Compliance (40%)

  • Review loan and grant agreements for reporting requirements and enter relevant deadlines and other dates into Salesforce.
  • Monitor financial statement ratios
  • Prepare and provide periodic and annual reporting to investors and funders that conforms to the terns of loan and grant agreements.
  • Serve as administrative lead for reporting to various government agencies.
  • Serve as administrative lead for other special projects, including review by ratings agencies.
  • Collaborate with other staff in the design and implementation of the organization’s internal controls, programs, policies and practices to ensure compliance with grant and investment requirements as well as federal, state and other regulations.
  • Participate in Tax Credit compliance activities
  • Provide support for audits, tax forms, and other documents as necessary.
  • Support reporting to federal, state or local agencies as needed. 
  • Cultivate the organization’s online presence in federal grants management systems and investor compliance and reporting portals.
  • Other duties as assigned.

Policy Support (20%)

  • Track relevant policy initiatives on the local, state, and federal levels.
  • Prepare communications such as letters, information packages, supporting materials for both internal and external audiences
  • Track staff lobbying hours and expenses for reporting purposes and follow changes in lobbying compliance laws at federal, state, and local levels to make sure NCCLF stays within guidelines.
  • Coordinate, track, and participate in NCCLF’s work with outside policy organizations
  • Maintain policy database

Requirements:

Required Qualifications:

  • Two years of successful experience in policy, compliance, service, administration, or development; more than two years experience highly preferred.
  • Strong attention to detail and accuracy. 
  • Ability to hold self accountable for high-quality, timely, and professional work product
  • Ability to manage multiple tasks simultaneously.  
  • Excellent grammatical and writing skills
  • Excellent verbal communication skills; ability to clearly and comfortably communicate with diverse public and internal contacts.
  • Ability to be flexible and solve problems
  • Knowledge of MS Office word processing, spreadsheet, and presentation software. Experience with database or CRM systems.
  • Ability to prioritize and reprioritize projects as required. 
  • Ability to preserve confidentiality of sensitive information professionally and with integrity
  • Ability to  respond to the challenges of a changing environment and diverse job requirements
  • Ability to work in a team environment and interact professionally with all levels of the organization. 
  • Professional demeanor and appearance.
  • Regular attendance and punctuality.

Desired Qualifications:

  • AA, BA or BS Degree
  • Enthusiasm and commitment to work in community development field or nonprofit sector
  • Interest in Community Development Finance 
  • Familiarity and experience with Salesforce.com
  • Experience with GIS or other mapping systems
  • Experience with accounting and/or financial analysis

Compensation:

Salary $55,000 - $63,000 plus an excellent benefits package including health, dental, retirement plan and three weeks of vacation.  

Position open until filled

How to Apply:

Send résumé and cover letter: hr@ncclf.org or via mail to:

Northern California Community Loan Fund
Attn: HR
870 Market Street, Suite 677
San Francisco, California 94102

Applications received without a cover letter will not be considered

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

Financial Institutions Specialist Aeris Insight Inc.
Philadelphia, PA
Job Function: Financial Services
Posted: March 2, 2017

Background:

Aeris guides capital to good. Since 2004, the nation’s leading community investors have used Aeris’ data and ratings to support their community investing. Aeris’ clients range from large financial institutions with Community Reinvestment Act (CRA) obligations, mission-driven charitable foundations, government, private wealth managers, and more. Our proprietary CDFI ratings and analytics help investors evaluate opportunities that meet their impact goals and risk parameters. Learn more at www.aerisinsight.com.

Position Summary:

Aeris seeks numbers-loving Financial Institutions Specialists who will contribute to our leading-edge analysis and data collection initiatives. Successful candidates will bring a keen attention to detail, as well as finely-honed skills in the analysis of financial statements. We are seeking candidates who may have less experience but are looking to grow along with our organization, as well as mature professionals interested in a second career, and who are comfortable in a fast-paced, startup-like environment.

Both full-time (on-site at our Philadelphia headquarters) and part-time, off-site (Philadelphia area preferred) opportunities are available. Applicants should specify in their cover letter which position they are interested in.

Responsibilities:

Duties will involve interacting with Aeris-rated institutions and Aeris analysts in critical phases of the production of Aeris Rating Reports, most significantly in the preparation of data and tables for further analysis by our expert analysts. Financial Institutions Specialists will also play a key role in the operation of the Aeris Cloud, a custom-built web application enabling industry-first, real-time analytics of CDFI performance data. 

Financial Institutions Specialists will be responsible for reviewing and proofing financial statements, and working with reporting institutions to address any errors and omissions. Specialists will also spread financial statements from institutions’ internally-generated format to the Aeris industry-standard format.

Requirements:

Aeris is seeking candidates with Bachelor’s Degree in a business major, preferably with some professional experience in financial services or accounting; or other candidates with the requisite skills.

Key success measures include quality, quantity, accuracy, timeliness, and team work. These require:

  • Strong financial and analytical experience
  • Familiarity with nonprofit financial statements (preferred)
  • Strong financial, market, and qualitative analysis skills
  • Strong written and verbal communications skills
  • Ability to focus on detailed work for accuracy 
  • Advanced Microsoft Excel and Word skills, knowledge of Sharepoint
  • Normal physical requirements for an office position (EOE/ADA Compliant)

Compensation:

Salary commensurate with experience.

How to Apply:

To apply please email cover letter and resume to info@aerisinsight.com with the subject line “Search: Financial Institutions Specialist, Aeris.”

Pages

Printer Friendly and PDF