CDFI Industry Internship Bank

  • CDFI Internship Bank

Are you a student looking to utilize quantitative, analytic, business, technical, writing, or research skills to generate a tremendous social impact in low-income and low-wealth communities?

Consider an internship at a Community Development Financial Institution (CDFI) which provides financing for affordable housing, small businesses, critical services such as childcare, healthcare, and education, and consumer financial services in underserved communities throughout the U.S.

Develop tangible and portable skills. Make your impact. Join the opportunity finance field.

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

0618 Commercial Loan Intern Self-Help
Durham, NC
Internship Function: Lending/Investing and Loan Operations
Posted: February 5, 2018

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.orgwww.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Position:  0618 Commercial Loan Intern
Team: Commercial Lending
Location: Durham, NC
Dates: 05/29/18 - 08/03/18
Desired Major(s): Public Policy, Business Management, Law or other
Education Level: Undergraduate or Graduate (preferred)

Internship Program:

Self-Help/CRL offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

Outreach and marketing to strengthen our lending to child care businesses, including Head Starts.  Work will include an overhaul to Self-Help’s technical assistance manual, The Business Side of Child Care.

Compensation:  

Competitive nonprofit salary

Requirements:

Minimum Qualifications:

  • Strong research and writing skills; ability to communicate orally with diverse populations; financial analysis skills

Desired Qualifications:

  • Understanding of finance industry and lending

Physical Requirements:

Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers.  Must be able to occasionally lift and exert force of up to 10 pounds.

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate or Undergraduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by February 26, 2018.
Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, gender, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.

 

0518 Commercial Loan Intern Self-Help
Durham, NC
Internship Function: Lending/Investing and Loan Operations
Posted: February 5, 2018

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.orgwww.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Position:  0518 Commercial Loan Intern

Team: Commercial Lending

Location: Durham, NC

Dates: 05/29/18 - 08/03/18

Desired Major(s): Public Policy, Economics, Business Management

Education Level: Undergraduate or Graduate (preferred)

Internship Program:

Self-Help/CRL offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

Assist team in refining business lending program and outreach, with a particular focus on Eastern North Carolina and African-American-owned businesses.

Essential Responsibilities:

  • Lead meetings or focus groups in Eastern NC to determine needs and issues businesses face when seeking financing. 
  • Work with the Commercial Team and Self-Help’s Credit Union branches in Eastern NC to develop a strategy to build and maintain local Commercial Lending relationships.
  • Develop recommendations for a marketing strategy, including what works best for different audiences (paper, digital, articles in newsletters, etc.)

Compensation:  

Competitive nonprofit salary

Requirements:

Minimum Qualifications:

  • Strong research and writing skills; ability to communicate orally with diverse populations; ability to collate information into recommendations

Desired Qualifications:

  • Understanding of finance industry and lending

Physical Requirements:

Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers.  Must be able to occasionally lift and exert force of up to 10 pounds.

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate or Undergraduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by February 26, 2018.
Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, gender, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.

 

0418 Public Policy Intern Self-Help
Durham, NC
Internship Function: Policy and Advocacy
Posted: February 5, 2018

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Position: 0418 Public Policy Intern

Team: DPI

Location: Durham, NC

Dates: 05/29/18 - 08/03/18

Desired Major(s): Public Policy, Policy & Administration, Public Management & Policy, Public Health, etc.

Education Level: Undergraduate or Graduate

Internship Program:

Self-Help/CRL offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

The public policy intern will join the policy team in their work on the Healthy and Equitable Food Systems Capital Initiative. The main goal of the initiative is to increase capital access for food enterprises, ranging from farmers, to food processors, distributors and hubs, and to grocers serving low-income families, through development of partnerships and policy. The intern will assist the team with research to build support for federal policy initiatives. Possible research topics include: 

  • Analysis of Farm Credit System structure and revenue 
  • Analysis of Farm Credit System grant program availability and trends 
  • Economic impact analysis of Federal Home Loan Bank’s Affordable Housing Program 
  • Comparison of financing available with Farm Credit System and USDA’s Farm Service Agency

Essential Responsibilities:

  • Assist the Food System Policy Team with essential research 
  • Assist with ongoing outreach and network development 
  • Assist with coordination of regional stakeholder events 

Requirements:

Minimum Qualifications:

  • Be enrolled in an undergraduate degree related to public policy
  • Proficiency in Microsoft Office 
  • Ability to work independently and on an inter-disciplinary team
  • Familiarity with Community Development Financial Institutions (CDFI) 
  • Interest in rural or agricultural economic development
  • Fundamental understanding of the implications of structural racism on accumulation of family wealth

Desired Qualifications:

  • Experience with economic impact analysis 
  • Experience with conducting literature reviews 
  • Experience analyzing gray literature 

Physical Requirements:

Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers.  Must be able to occasionally lift and exert force of up to 10 pounds.

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate or Undergraduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org  with the internship title as the subject by February 26, 2018.
Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, gender, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.

 

Intern Small Business Lending and Training Women's Opportunities Resource Center
Philadelphia, PA
Internship Function: Lending/Investing and Loan Operations
Posted: January 17, 2018

Background:

The Women’s Opportunities Resource Center (WORC), a nationally recognized non-profit organization, has 26 years of experience in promoting social and economic self-sufficiency for economically disadvantaged individuals—primarily women—and their families. WORC is the first microenterprise program targeted to low-income individuals in Philadelphia and one of the oldest in the nation. It offers a unique combination of self-employment/micro-enterprise training, support services, savings programs, and access to invaluable business and financial resources.  In 1993, the agency became incorporated, however, WORC’s self-employment training and lending programs originated in the mid-80s in response to a nationally-funded study that identified a significant gap between the needs of women business owners in Philadelphia and the availability of business assistance and financing resources. The Family Savings Account program was designed and launched in collaboration with the Pennsylvania Department of Community and Economic Development in the late 1990s.

WORC today provides three major programs: 1) Self-Employment Training, 2) Microloans, 3) Family Savings Account Program (FSA).

WORC is also recognized as a leader in the field of Individual Development Accounts. In 1999 and 2005, the US Department of Health and Human Services selected WORC to participate in a national demonstration program to initiate Individual Development Accounts (IDAs) for new Americans. WORC, in partnership with established agencies, developed a successful statewide Refugee IDA program to promote asset accumulation, knowledge of the American system of banking and credit, and economic independence among refugees.

As a result, WORC's client base represents more than 40 different countries.  We are looking for a dedicated and experienced professional who is committed to meeting the needs of underserved markets in the Philadelphia, PA region.

Position Summary and Responsibilities:

WORC offers a range of small business financing products ranging from $500 to $35,000 and we link customers to a comprehensive array of financial education and other services provided by WORC. Over the next several years we are looking to expand our market base and significantly increase our loan volume and deployed capital.  The ideal intern has existing contacts with local financial institutions, economic development and business assistance organizations, community organizations, professional associations, economic development agencies and/or small business development centers and experience in the following or the capacity to learn to do the following:  

  • Work one-on-one with entrepreneurs and business owners throughout the lending process to identify and address financing and business development needs.

  • Provide training and technical assistance. 

  • Monitor existing clients in the loan portfolio and pro-actively address clients with challenges.

  • Identify specific markets, populations, community organizations and special events to reach out and educate about loan products and development services available.

  • Work cross-functionally with other departments to maximize new business development and marketing efforts across the organization.

  • Perform other related duties, as assigned.

Requirements:

  • A desire to make a difference in the lives of  entrepreneurs.
  • Customer service oriented, patient, flexible, with ability to accept and give constructive feedback.
  • Good telephone communication skills.
  • Organized self-starter with strong analytical skills and ability to multi-task.
  • Knowledge of Philadelphia and the surrounding four counties with willingness and ability to travel throughout the area to engage in marketing and outreach activities.
  • Ability to work some evenings and occasional weekend days to attend meetings, seminars and events.

 

Compensation:
Unpaid

Timeframe:
Year around

Education Level:
Graduate or Undergraduate

How to Apply:

Note: Reimbursement of reasonable costs on behalf of organization is negotiable. WORC/EOF is an equal opportunity employer and the board of directors and staff value diversity in all aspects of employment.

FOR CONSIDERATION: Please send a cover letter and resume to loans@worc-pa.com or fax to 215-564-2350.

Business Outreach Intern Main Street Launch
Oakland, CA
Internship Function: Other
Posted: January 3, 2018

Background:

Since 1979 we have empowered small business owners in the Bay Area, beginning in Oakland and expanding to serve San Francisco and veteran-owned businesses in California. Through our core services we help small businesses expand in size, increase their profits, and reach their goals. We are honored to work with successful, innovative, and community-oriented entrepreneurs. We believe in the power of entrepreneurship to transform lives and communities. In the last 10 years we closed 629 loans that totaled more than $46.5 million. Our clients have created thousands of new jobs in the Bay Area.

Our vision is to empower small business owners to succeed, transforming their lives and helping their communities thrive.

Position Summary and Responsibilities:

POSITION DESCRIPTION

Main Street Launch is a small business lender and economic development organization seeking an Intern – Business Outreach.  Reporting to the Vice President – Marketing & Executive Projects, the role supports our work in developing a small business directory in Oakland.  This position will help Oakland small businesses expand their opportunity for customer acquisition and growth by reaching out by phone and in-person to collect data for directory listings.  Main Street Launch is a Community Development Financial Institution (CDFI) based in Oakland, CA that has provided business advisory services and loan capital in the Bay Area since 1979.

Position Responsibilities:

This role is responsible for supporting the organization’s Oakland business directory efforts.  This role may also support other projects that fall under this department.  Responsibilities include:

  • Developing outreach lists for data collection to support business visits/in-person outreach for both the Business Outreach Manager and for the intern.
  • Conducting small business site visits to collect data on small businesses throughout Oakland.
  • Supporting other outreach efforts that may arise (mailers, cold calls, etc).
  • Other projects may be assigned.

Requirements:

BENEFITS

This is an excellent opportunity for a motivated recent graduate with strong analytical skills who wants to learn how Community Development Financial Institutions work by participating in key initiatives of a rapidly growing organization. 

  • Learn and apply skills to work in the field of small business finance, with an innovative and established CDFI that is empowering entrepreneurs. 
  • Learn and apply skills in marketing, including market research and product design.
  • Gain valuable knowledge about small business lending and business support services, and will be instrumental in furthering the mission of Main Street Launch.
  • Build organizational capacity by contributing to systems that allow us to share impact information with funders and the public.

QUALIFICATIONS

  • Passion for economic development and empowering entrepreneurs, required.
  • Second-language proficiency in Vietnamese, required.
  • Experience working with a variety of stakeholders and diverse groups (experience working with clients or program recipients is a plus).
  • Demonstrated experience conducting business by phone.
  • Experience in any of the following is a plus: market research and/or business outreach (relevant student experiences may satisfy this requirement). 

KNOWLEDGE, SKILLS, AND ABILITIES

  • Software proficiency including Microsoft Word, PowerPoint, and Excel.
  • Adept at learning to use new software; very comfortable with technology. 
  • Excellent verbal and written communication skills. 
  • Superb attention to detail. 
  • Strong time management ability.  
  • Self-starter who can work with minimal supervision and be comfortable in an evolving nonprofit environment. 
  • Ability to work with diverse groups, especially small business owners. 
  • Comfortable meeting deadlines in a fast-paced setting.
  • Web management experience is a plus but not required.
  • Experience using Salesforce (an online CRM system) is a plus but not required.
  • Second language proficiency (English/Vietnamese) is required.

ENVIRONMENTAL CONDITIONS

The work environment characteristics and physical effort 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. 

Typically works both in an office and out in the field.  Our office has adequate lighting and ventilation and normal range of temperature and noise level. Field work is less predictable and interns may be exposed to harsh light, immoderate temperatures, and loud noises.  Work assignments are diversified and may cause stress in meeting tight deadlines with scheduling requirements. The physical requirements of the job are for employees to talk, hear, bend/stoop, sitting, standing, and/or walking for up to 8 hours per day. Furthermore, the job requires employees to lift/carry/push or pull up to 15 pounds with or without assistance.

ABOUT US

Since 1979 we have empowered small business owners in the Bay Area, beginning in Oakland and expanding to serve San Francisco and veteran-owned businesses in California. Through our core services we help small businesses expand in size, increase their profits, and reach their goals. We are honored to work with successful, innovative, and community-oriented entrepreneurs. We believe in the power of entrepreneurship to transform lives and communities. In the last 10 years we closed 700 loans that totaled $54 million. Our clients have created thousands of new jobs in the Bay Area.  Our vision is to empower small business owners to succeed, transforming their lives and helping their communities thrive.

MAIN STREET LAUNCH SUPPORT

Main Street Launch will endeavor to provide the intern with outside opportunities as they arise to learn more about the organization and the field, including networking and meeting with other organizations in the field.

DURATION AND TIMING

This position will be structured as a full-time, paid three month internship.  Compensation will be between $16 and $18 per hour, depending on experience.  The internship may be extended up to three additional months by mutual agreement.  Ideally, this role will begin sometime in early 2018.

LOCATION AND HOURS

Monday-Friday, 9 AM to 5:30 PM, at Main Street Launch’s office in Downtown Oakland and in the field throughout Oakland.

Compensation:
Paid

Timeframe:
Fall/Winter

Education Level:

How to Apply:

Qualified candidates must submit a resume and cover letter highlighting their relevant experience to careers@mainstreetlaunch.org with “Intern – Business Outreach” in the email subject line.

Main Street Launch will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Intern FUND Consulting
Chicago, IL
Internship Function: Data and Research
Posted: October 27, 2017

Background:

FUND Consulting is a women-owned firm located in the City of Chicago with a staff of eight. Our team provides both strategic and operational services to community development financial institution (CDFI), nonprofit, and government clients nationwide.

Founded in 2000, FUND Consulting has worked with over 350 clients and raised over $430 million in government and local grants, investments, and tax credits for its clients.
In addition, FUND Consulting has helped organizations understand market needs to enhance and develop products and services through the completion of 96 market analyses and supported the strategic growth of organizations through the delivery of over 60 business, strategic, and capitalization plans.

Position Summary and Responsibilities:

The position will support the firm in marketing and project delivery to CDFIs nationwide. In addition to providing general office support, the Intern will provide project support by assisting with research to support market studies, strategic plans, and grant applications.

Requirements:

General office experience and strong analytical, writing, and communication skills preferred. 

Compensation:
Paid

Timeframe:
Fall/Winter

Education Level:
Graduate or Undergraduate

How to Apply:

Please email cover letter and resume to mbose@fundconsulting.com.

Wage Equity Campaign Intern Self-Help
Durham, NC
Internship Function: Policy and Advocacy
Posted: May 11, 2017

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Internship Program:

Self-Help offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

The Wage Equity Campaign Intern will help develop Self-Help’s engagement in building wage equity efforts in NC.  Specifically, the intern will lead the following activities:  

  1. Research and analysis of NC wage laws;
  2. Write about Self-Help’s experience with changing wage practices;
  3. Evaluate opportunities for working with industry sectors to raise NC wages;
  4. Coordinate participation by volunteers of Self-Help staff; 

Other public policy related research and outreach tasks as needed for Self-Help’s engagement in Raising Wages NC campaign.  

Requirements:

Minimum Qualifications:

  • Ability to balance and respect issues and perspectives of multiple stakeholders including low wage workers, businesses and local government officials
  • Work independently, but be willing to ask questions
  • Ability and desire to work in teams
  • Ability to set priorities and organize competing priorities 
  • Think creatively about campaign strategy and actionable goals

Technical Skills:

  • Strong research skills
  • Written and interpersonal communication skills
  • Project management experience and organized

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate or Undergraduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by May 22, 2017.

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.

2117 Charter School Lending Intern Self-Help
Durham, NC
Internship Function: Lending/Investing and Loan Operations
Posted: January 26, 2017

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $6.9 billion in financing to 112,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 120,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Internship Program:

Self-Help offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

  • Compiling relevant policy information for the states in which Self-Help is active, including but not limited to charter authorization & renewal processes, statewide vs. local authorization, available government funding sources for facilities, and more;
  • Reorganize Self-Help's portfolio data by school level (i.e K-5, middle school, high school) and geography to identify trends;
  • Conduct a literature review on school discipline research to help inform Self-Help's thinking on any disproportionate effects by race or long-term detriments of various practices
  • Conduct research that compares and contrasts 'diverse by design' and predominantly single race school models and facilitate a discussion(s) with the Self-Help charter school lending team to ultimately develop an internal philosophy on different models

Requirements:

Technical Skills:

  • Data analysis, marketing research, strong writing skills, synthesizing research and data

Other skills, characteristics or experiences:

  • Familiarity with literature on racial equity in public education and/or food systems

 

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by February 26, 2017.

1917 Food System Finance Intern Self-Help
Durham, NC
Internship Function: Lending/Investing and Loan Operations
Posted: January 26, 2017

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $6.9 billion in financing to 112,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 120,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Internship Program:

Self-Help offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

  • Work will Wallace Center to identify effective and sustainable food hubs across the country that could be potential loan prospects
  • Work with NMPAN to identify effective and sustainable niche meat processors across the country that could be potential loan prospects
  • Create niche meat processor underwriting guide

Requirements:

Technical Skills:

  • Data analysis, marketing research, strong writing skills, synthesizing research and data

Other skills, characteristics or experiences:

  • Familiarity with literature on racial equity in public education and/or food systems

 

 

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by February 26, 2017.

1817 Commercial Lending Intern Self-Help
Durham, NC
Internship Function: Lending/Investing and Loan Operations
Posted: January 26, 2017

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $6.9 billion in financing to 112,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 120,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Position Summary and Responsibilities:

Internship Program:

Self-Help offers a 10 week summer internship program that is designed to give students valuable experience in a professional setting while broadening their knowledge of Community Development Financial Institutions (CDFI’s).  Along with each specific intern project, the intern will participate in a series of brownbag lunches to learn more about Self-Help and the Community Development industry as a whole.  Interns will also be given the opportunity to network with one another and other Self-Helpers through a variety of planned events.

Internship Description:

  1. Assist the Commercial Team in serving African-American business owners by:
    • Reviewing prior research on Self-Help's commercial lending to determine any lessons learned and possible areas of future research or data needs
    • Working with North Carolina and Chicago lending staff to identify individuals and organizations with which to meet and build relationships. Lead meetings or focus groups to determine needs and issues businesses face when seeking financing.
    • Survey national literature and talk with other organizations doing this work to develop best practices as well as a list of gaps in the financing of these businesses
  2. Chicago market research (work to be performed in Durham, NC) -- identify and research existing Illinois and Chicago area loan and technical assistance related programs to enhance our knowledge of the market and to recommend possible partnership opportunities for Self-Help.

Requirements:

Minimum Qualifications:

  • Strong research and writing skills
  • Understanding of finance industry and lending;
  • Ability to collate information into recommendations

Other skills, characteristics, or experiences:

  • Interest in small business lending
  • Ability to work within a group and take initiative

Compensation:
Paid

Timeframe:
Summer

Education Level:
Graduate or Undergraduate

How to Apply:

Please submit a thoughtful cover letter describing why you are interested in this internship and a resume to internships@self-help.org with the internship title as the subject by February 26, 2017.

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