Careers

  • Work to Align Capital with Social, Economic, and Political Justice.

Overview 

OFN and CDFIs are proud of our work to help money flow to underserved people and places. We are solutions seekers — continually inspired to create positive changes in neighborhoods across America by financing individuals and projects that result in quality jobs, small businesses, affordable homes, and community facilities.  

Be part of our movement to create opportunity. For all. 

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Careers

Jobs @OFN: Join our team! We offer an opportunity to connect your talents to a career in social, economic, and political justice. See the tab for current openings.

Industry Job Bank: Find a career with a mission-driven lender anywhere in the U.S. Search available entry-level to executive-level careers. 

Current OFN Openings

OFN's core mission is to align capital with social, economic, and political justice. We seek qualified candidates committed to this mission and to upholding OFN's standards for excellence. We work together with our members and partners to bring creative and transformative finance to the communities we serve.

Open positions are listed below. If we don't currently have an open position in your area, you may submit a Resume.

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Click here to apply for an open position.

Events Coordinator - Washington, D.C.

Company Summary
OFN is a leading national network of CDFIs (Community Development Financial Institutions) with offices in Philadelphia and Washington D.C. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.

Position Summary and Essential Functions
The Events Coordinator will work with the EVP, Membership and the EVP, Knowledge Sharing in coordinating, planning, and executing OFN’s events. Specifically, this position coordinates and organizes event logistics to ensure successful Annual Conferences, Small Business Finance Forums, regional meetings, advocacy days, webinars, trainings, and other meetings and events as necessary.

Position Responsibilities

  • Plan and coordinate events (both in-person and virtual) in conjunction with the EVP, Membership and EVP, Knowledge Sharing.
  • Anticipate event needs, manage event planning calendar and scheduling, discern work priorities, monitor event timelines ensuring deadlines are met.
  • Lead the call for sessions process: update and send invitation, organize responses, recruit reviewers, prepare ranking sheets, organize reviewer responses.
  • Manage event registration: update web site content, track comp codes, handle all registration inquiries, provide registration information to Meeting Planner in a readily usable form and on a timely basis, conduct on-site registration and manage attendee issues.
  • Manage Conference breakout session presenters: communicate key dates, gather speaker needs, handle inquiries, communicate needs to Meeting Planner.
  • Manage internal and external requests for meeting space at conference hotel: create request forms, communicate with those making requests, and coordinate approved requests with Meeting Planner for space assignment.
  • Maintain inventory of event-related items (e.g., name badges, lanyards, binders), prepare meeting materials such as agendas and name badges, ensure training binders are properly assembled, and ensure materials are shipped to event location on time.
  • Lead attendee evaluation process for all events. Prepare summary reports for staff and Board.

Qualifications:

  • Bachelor’s degree or 5-7 years of work experience in lieu of a degree.
  • 1-3 years of professional experience in event or project management.
  • Professional event planning experience of events up to 1,500 people
  • Knowledge of the CDFI industry is strongly preferred.
  • Experience drafting original audience specific communications for management review and publication required.
  • Must be proficient with MS Office Suite products.
  • Excellent organizational and problem-solving skills with a keen eye for detail.
  • Ability to manage multiple projects simultaneously with ease and efficiency under minimal supervision.
  • Ability to work constructively with a diverse audience.
  • Light to moderate travel required (5-10% of time).
  • No extraordinary physical requirements beyond ability to travel.
 

Investment Officer, Impact Investing - Washington, DC

Company Summary
OFN is a leading national network of CDFIs (community development financial institutions) with offices in Washington D.C. and Philadelphia, PA. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.

OFN is an important source of affordable and flexible capital for the CDFI industry. Currently, the Financial Services team manages more than $600 million of capital and offers a range of products and services to help CDFIs lend and invest in markets underserved by mainstream banks.

Why OFN?
CDFIs are private financial institutions that are 100% dedicated to delivering responsible, affordable lending to help disinvested people and communities join the economic mainstream. As mission-driven lenders, CDFIs leverage funding from private and public sources to finance small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing. In addition to connecting capital to communities and people that need it, many CDFIs also provide financial education, technical assistance, and capacity-building support to the organizations, businesses, and individuals they serve. OFN supports our member CDFIs by aligning capital with social, economic, and political justice for underserved communities across the nation.

Position Summary and Essential Functions:
This position is primarily responsible for evaluating new investments and assisting to manage OFN’s on and off-balance sheet portfolios. The Investment Officer will analyze debt and equity investment opportunities using loan portfolio and financial statement data and in-depth conversations with organizations’ senior management teams. Through attending conferences and events, he/she will develop relationships with OFN’s CDFI members and work across OFN’s teams to support OFN’s mission. 

Responsibilities:

  • Prepare and present credit and financial risk analyses reports to OFN senior leadership and respective investment committees. 
  • Analyze CDFIs’ financial statements, loan portfolios, lending policies and procedures, and strategies to determine the degree of risk involved in extending credit, as well as recommend risk mitigation strategies. 
  • Generate financial ratios and models to evaluate borrowers’ current and prospective financial status.
  • Generate loan and investment opportunities by developing relationships with OFN’s CDFI members. 
  • Actively participate in the portfolio management of OFN’s on-balance sheet and off-balance sheet investments. Ensure borrowers maintain compliance with quarterly covenants and strengthen borrower relationships.
  • Coordinate with team members to complete loan closings, documentation, and fund disbursements.
  • Collaborate with the financial services team to maintain accurate borrower and loan information in OFN’s loan system.
  • As part of the financial services team, develop and implement investment strategies and investment policies and procedures. Support OFN’s participation in the CDFI Bond Guarantee Program as requested.
  • Supervisory Role - Manage interns.
  • Work across OFN’s teams to support OFN’s mission.

Qualifications:

  • Bachelor’s Degree or 5-7 years direct work experience in lieu of degree. 
  • Chartered Financial Analyst (CFA), or Master’s Degree in a relevant field of study not required but preferred. 
  • 5+ years demonstrated experience with financial statement analysis, financial modeling, and credit analysis, including underwriting, is required. Experience with equity investment analysis is a plus.
  • Demonstrated experience writing and presenting detailed investment recommendations with emphasis on clarity, conciseness, and relevance. 
  • Experience with loan management systems and CRMs (Customer Relationship Management software) a plus.
  • Solid understanding of accounting principles with ability to apply knowledge to assessing risk and performing financial underwriting.
  • Demonstrated leadership ability with superior interpersonal skills and ability to work well with diverse constituents.
  • Superior organizational skills and ability to manage multiple tasks effectively and efficiently under minimal supervision as well as ability to set priorities and meet deadlines under pressure without sacrificing quality.
  • Understanding of loan documentation and risk mitigation strategies.
  • Advanced knowledge of MS Excel and financial modeling skills.
  • Commitment to community and economic development.
  • Ability to work both independently and collaboratively with teams across OFN.
  • Comfort working in a small-office environment and/or experience working in a nonprofit environment preferred.
  • Some travel required (15% of time).
  • Job involves normal physical requirements for an office position.

EOE/AA/D/V 

Supervisor: Senior Vice President, Financial Services FLSA Status: Exempt

Working at OFN

People who work at OFN come from a variety of professional and academic backgrounds. Be a part of our growing, diverse, highly committed, skilled and collaborative staff. 

Workstyle

We are mission-driven and inspired to work hard. We collaborate with our members and partners, innovate, and remain committed to the idea that access to responsible, affordable finance is key to seeing lasting transformation in communities in all 50 states. We encourage optimism. We believe in healthy communication. We hold each other accountable and try to do our best in everything we do. We dream big. Coffee, chocolate, and the occasional baseball game or field trip always help. 

Perks and Benefits 

Our generous benefits package includes healthcare and dental, as well as a flexible spending account, dependent care account, employer-paid life insurance, and short and long-term disability. Our Paid Time Off benefit is flexible — allowing you to customize your time away from work as you wish. We’ve also got a 403(b) program with an employer contribution. We’ll tell you more about these and all our additional benefits during the interview process.

Get to Know Us  

Read our blog! Interact with us on TwitterFacebook, and LinkedIn.

Company Summary
OFN is a leading national network of CDFIs (Community Development Financial Institutions) with offices in Philadelphia and Washington D.C. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.
To learn more about OFN, visit: ofn.org

Women, People of Color, and LGBTQ candidates are encouraged to apply.

In March, OFN will be accepting applicants for Summer Internships in the following areas:

Strategic Communications Internship

Undergraduate internship available for Journalism, English, or Marketing majors. Intern will join a team that produces time-sensitive, high-quality content for OFN’s digital properties, including the OFN blog, news digest, social media, email marketing, and web pages. Help to highlight the impact of CDFI lending to borrowers in underserved communities and invite CDFIs to participate in national initiatives and programs. Project-based work will vary and will include both marketing and news editorial assignments.

Required qualifications:

  • Excellent research, writing, and editing skills

  • Blogging or news article writing experience

  • Ability to multi-task and manage multiple projects

  • Experience with MS Office (Word, Excel, PowerPoint)

  • Genuine desire to help expand economic opportunity in underserved urban, rural and Native communities around the U.S.

Desired qualifications:

  • Experience with Drupal, WordPress, or similar CMS

  • Experience with graphic design

  • Familiarity with posting requirements for social media sites such as Facebook, Twitter, and LinkedIn

A writing sample of blog or news article/s to demonstrate applicant’s ability is required.

This internship will be stipend and run for 10- 12 weeks (approximately May – August).

APPLY: https://theapplicantmanager.com/careers?co=of

Financial Data Analysis Internship on Research Team

Candidates enrolled in graduate programs for Business Administration (MBA) or Economics are preferred, though students with a background in Accounting and/or Finance are encouraged to apply regardless of their current program. The Intern’s primary responsibility is to confirm and analyze OFN’s Annual Member Survey data on the Community Development Financial Institution (CDFI) industry. Additional tasks will support the Knowledge Sharing team’s broader scope of work. The Annual Member Survey includes data on CDFI capitalization, financing, operations, and impact, and is critical to all aspects of our business. The Intern will review individual survey responses, comparing them to each CDFI’s audited financial statements and accounts receivable aging reports. Knowledge and familiarity with Excel as well as basic financial statements and terms are essential. This internship requires 32 hours per week.

This internship will be stipend and run for 10- 12 weeks (approximately May – August).

APPLY: https://theapplicantmanager.com/careers?co=of

 

Internship, Financial Services

Candidates enrolled or hold a degree from a program in business, economics, public policy or related area of study are preferred. A graduate degree is a plus. This position is primarily responsible for assisting OFN’s Financial Services team. Currently, the Financial Services team manages more than $600 million of capital and offers a range of products and services to help CDFIs lend and invest in markets underserved by mainstream banks. As a summer intern you will learn about nonprofit finance and its role in the broader impact investing sector, investment analysis and portfolio management, and government programs that support underserved communities. You will also gain hands on experience analyzing nonprofit financial statements, underwriting and monitoring debt investments, and working with legal investment documents. This internship requires 40 hours per week.

Key Responsibilities and Areas of Learning:

  • Assist in the preparation of portfolio monitoring and underwriting memos.

  • Analyze quarterly and audited annual financial statements for both new and existing investments.

  • Monitor and analyze investor compliance reporting.

  • Participate in calls with borrower’s senior management teams.

  • Support the Financial Services team with additional assignments as needed.

  • Participate in special projects as needed.

 

Qualifications:

  • Enrolled in, or hold a degree from, a program in business, economics, public policy or related area of study; a graduate degree is a plus.

  • Completion or enrollment in relevant finance or accounting coursework is required.

  • Ability to work 40 hours per week.

  • Ability to thrive in a fast-paced environment with multiple and varied assignments.

  • Strong writing ability, and quantitative and qualitative analytical skills.

  • Unwavering attention to detail and ownership of work.

  • Commitment to OFN’s mission.

  • Ability to work independently or in team environment as required.

  • Comfortable working in a small-office environment.

  • Ability to manage multiple tasks effectively and efficiently under moderate supervision.

 

The internship is paid via stipend and based out of our Washington, D.C. office. Available beginning in May 2018. Applications will be reviewed on a rolling basis.

APPLY: https://theapplicantmanager.com/careers?co=of

 
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