Background:
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:
This position is primarily responsible for assisting the Vice President, Loan Operations in the administration of OFN’s Bond Guarantee Loans. Such assistance will include collateral management, compliance management, database management, loan servicing monitoring and recordkeeping. Responsibilities also include assistance with OFN’s existing loan portfolio.
Responsibilities:
- Support the preparation and submission of the Bond Guarantee Program application via collection, organization and remittal of financial documents.
- Review and coordinate documents associated with borrowers requisition of Bond funds for completeness and compliance with the Bond Guarantee Program requirements.
- Provide payment oversight of Bond Loans, management of Bond Loan collateral. Ensure proper administration of all Secondary Loan documents by the borrower including the creation and perfection of required security interests and liens on Secondary Loans.
- Perform first level review of the performance, replacement and removal of Bond Loan Collateral and ensure non-performing collateral is replaced in a timely fashion.
- Ensure borrowers maintain the required amount of collateral per Bond Loan legal documents.
- Monitor escrow agent activities and the custody of Secondary and Tertiary Loan documents held by the escrow agent.
- Review, coordinate and test for compliance with covenants of the borrower.
- Track and submit monthly, quarterly and annual reports to the CDFI Fund to support compliance with the terms and conditions of the Bond documents via database management systems.
- Process documentation as needed to declare Events of Default under the Bond Guarantee Program and initiate remedies when necessary.
- Assist with administration of OFN’s existing loan portfolio including collection and coordination of loan documentation, on-boarding and modifications to existing loans, ensure closing conditions are met, and initiate the funding for each loan closing.
- Prepare timely submissions of internal and external departmental reports.
- Prepare and review invoices for loans and asset management.
- Preserve, maintain and update borrower files and legal documents as needed.
- Assist other financial services team members on projects or deliverables, as requested by the VP, Loan Operations.
Requirements:
Education and Experience:
- Bachelor’s Degree or 5+ years direct work experience required.
- 1-3 years of experience in lending markets that have similar characteristics to the loans of OFN, and/or title or mortgage industry experienced required.
- Experience in loan operations with a financial and /or nonprofit institutions preferred.
- Experience in multi-party lending structures, with borrowers, lenders, banks and servicers and backup servicers preferred.
- Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable.
- Experience or knowledge of the CDFI Industry a plus.
- Experience in nonprofit or small office environment a plus.
Knowledge, Skills, Abilities, and Physical Requirements:
- Knowledge of accounting or lending practices required.
- Superior analytical and organizational skills required.
- Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance.
- Ability to understand and modify financial statements is preferred.
- Ability to understand loan documentation is required.
- Ability to review the work of other partners/subcontractors is required.
- Superior interpersonal skills and ability to work well with diverse constituents is required.
- Knowledge of and commitment to community development preferred.
- Proficiency with MS Office and database software is required.
- Ability to work independently or in team environment as required.
- Ability to manage multiple tasks effectively and efficiently under moderate supervision.
- Some travel required (<10% of time).
- No extraordinary physical requirements beyond ability to travel.
- Job involves normal physical requirements for an office position.
Compensation:
Commensurate with experience
How to Apply:
To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF134
Background:
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:
The Credit Analyst supports senior Financial Services staff with servicing of the CDFI Fund Bond Guarantee Program, performing annual borrower reviews, and analytical support of loan underwritings. Responsibilities also include financial statement analysis, borrower credit reviews, loan requests, loan covenant compliance, and portfolio management duties. Assistance mainly involves gathering and compiling data, analyzing and preparing reports, composing written summaries, spreading financial statements, maintaining borrower and loan production files, communicating with borrowers, and preparing information for internal and external reviews.
Responsibilities:
- Assist senior Financial Services staff with the management of the CDFI Bond application process including support in servicing and managing assets under the CDFI Bond program.
- Manage loan covenant compliance, including financial statement collection, borrowing base compliance with loan agreement, and following up with borrowers in the case of covenant violations
- Spread borrowers’ financial statements into template
- Assist Financial Services team in loan underwritings, including various analyses, calculations, summaries and other tasks as required by the underwriter
- Assist in analysis and preparation of annual loan portfolio review
- With support from senior staff, perform annual credit reviews of borrowers
- Communicate status of receipt of quarterly financial statements, quarterly compliance checks and reporting, portfolio reports, spreads and scheduling of annual reviews
- Assist in drafting and updating written procedures for credit administration
- Analyze portfolio trends and identify portfolio vulnerabilities by interpreting data on payment trends, borrower financial ratios, pricing, economic influences, and other factors affecting the portfolio
- Oversee maintenance of accurate, complete and up-to-date files and records
- Schedule Investment Committee meetings, compile/distribute investment committee packages and follow-up with committee members needs/requests for information as well as take meeting minutes
- Provide quality customer service at all points of contact with OFN borrowers and prospects as well as answer questions and advise customers regarding loans and transactions with OFN borrowers and prospects
Requirements:
Education and Experience
- Bachelor’s Degree or 5-7 years of work experience in lieu of a degree
- 1-3 years of experience in financial statement analysis and credit underwriting in a commercial lending environment desirable
- Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable
- Experience or knowledge of the CDFI Industry a plus
- Experience or volunteer work in nonprofit or small office environment a plus
Knowledge, Skills, Abilities and Physical Requirements
- Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
- Superior interpersonal skills and ability to work constructively with diverse constituents is required
- Ability to analyze non-profit financial institutions’ financial statements required
- Ability to understand loan documentation
- Strong organizational skills and ability to manage multiple tasks under moderate supervision in and effective and efficient manner required
- Ability to work independently or in team environment as required
- Understanding of and commitment to opportunity finance required
- Proficient with MS Office Products/Internet
- Job involves normal physical requirements for an office position.
- Some travel required (10% of time)
Compensation:
Commensurate with experience
How to Apply:
To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF135.
Background:
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:
The Senior Executive Assistant exercises independent judgment to proactively identify and address the needs of the President & CEO and perform tasks to ensure the workflow runs smoothly and responsibilities are carried out effectively and efficiently. Provides critical and confidential support to the President & CEO in a timely and professional manner. Conserves and defends President & CEO’s time by reading, researching, and routing correspondence. Coordinates agendas and other logistics for meetings as scheduled.
Responsibilities:
- Provides high-quality administrative assistance to the President & CEO including preparing and editing correspondence, papers, proposals, presentations, reports, spreadsheets, and other documents within established time frames, efficiently and effectively exercising confidentiality.
- Manages travel arrangements, prepares itineraries and relevant materials, and files reimbursement requests.
- Maintains the President & CEO electronic contact files, calendar, and facilitates access for internal and external parties with a high degree of confidentiality and professionalism.
- Serves as a liaison with external partners at a high-level, including Board Members, on behalf of the President & CEO.
- Schedules business meetings and conference calls by coordinating and confirming attendance, arranging for the meeting place/equipment/advance materials, etc.
- Responsible for OFN Board of Directors operations including but not limited to meeting logistics, travel arrangements, Board elections and writing and maintaining meeting minutes.
- Act as a member of OFN’s internal Conference planning committee
- Periodic internal/external event planning for the President & CEO such as internal celebrations and special meetings.
- All other duties as assigned.
Requirements:
Education and Experience:
- HS diploma or equivalency required; Bachelor Degree preferred
- Minimum of 5-7 years’ experience supporting executive staff and Board members
- Experience creating and developing administrative reports, presentations and databases
- Demonstrated experience managing multiple schedules and calendars
- Demonstrated experience anticipating needs and solving problems autonomously
- Experience managing office logistics
- Experience or volunteer work in nonprofit or small office environment a plus
Knowledge, Skills and Abilities:
- Advanced knowledge of MS Office Products/Internet including database management
- Excellent organization skills with the ability to manage complex and highly confidential information exercising initiative and sound judgment/decision making with a solution-oriented focus
- Comfortable working autonomously and across multiple tasks and reporting into different project working teams
- Excellent time management skills with the ability to manage multiple tasks, within tight deadlines in a clear, level-headed manner; ability to turn work around within a short period of time where demands are liable to change quickly effectively and efficiently
- Effective analytical and problem-solving ability with emphasis on excellent social skills, and ability to operate with diplomacy, tact and empathy required
- Effective and professional written and verbal communication skills required
- Ability to work well with diverse constituents and interface with employees at all levels of the organization, OFN Members, OFN investors and funders is required
- Moderate travel required (25% of time) Willing to support and work on occasion in Philadelphia Office.
- Knowledge of and commitment to community development is beneficial
- No extraordinary physical requirements beyond ability to travel
Job involves normal physical requirements for an office position
Compensation:
TBD
How to Apply:
Apply here.
Background:
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:
The SVP, Financial Services contributes to the growth in influence and impact of OFN’s Financial Services through working to increase responsible and affordable capital for the CDFI industry.
The position is responsible for the expansion and implementation of OFN’s participation in the U.S. Treasury CDFI Bond Guarantee Program as a Qualified Issuer. Helps OFN successfully play its role as a "go between" financier to the broader CDFI community by offering long-term credit at below-market interest rates. Works with the CDFI Fund and other parties to expand access to more CDFIs and provide training to Eligible CDFIs. Insures that more CDFIs have access to this program that incentivizes and empowers CDFIs to execute high impact projects including real estate, housing, daycare or healthcare centers, and municipal infrastructure.
Essential functions for the position include managing a team that helps CDFIs through the phases of application, underwriting, closing and bond disbursement, and in servicing, compliance and reporting to the US Treasury CDFI Fund. The SVP works closely with VP, Operations to contribute to the success of the overall OFN Financial Services team.
Responsibilities:
- Manage all aspects of OFN participation as Qualified Issuer in the CDFI Bond Guarantee Program.
- Build upon established practices for guiding CDFIs in the application, closing, disbursement, compliance and reporting phases of the CDFI Bond Guarantee Program.
- Source Eligible CDFIs and structure high quality multi-party bond issuances.
- Collaborate with senior leadership of OFN on relationship management with OFN borrowers
- Collaborative member of the Financial Services Strategies Team in the development of new financial programs at OFN
- Work in partnership with the CDFI Fund to expand access and eligibility to the CDFI Bond Guarantee Program
- Assist on enterprise-wide initiatives as required
- Manage the following activities with subordinate assistance:
- Ensure compliance with government regulations, OFN policies and procedures and provides correction of inconsistencies and monitors error resolution
- Oversee loan closing, documentation and processing duties
Requirements:
Education and Experience:
- Bachelor’s Degree and 12 years work experience required; Master’s Degree preferred
- 7+ years of direct experience in the financial services field; direct lending experience required
- 5+ years supervisory experience required
- Experience in financial statements analysis and credit underwriting required
- Experience in lending required; experience in lending to financial and/or non-profit institutions will be an advantage
- Exposure to complex financial transactions and deal structures a plus
- Experience in nonprofit or small office environment a plus
Knowledge, Skills, Abilities, and Physical Requirements:
- Superior analytical, problem solving, and organizational skills required
- Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
- Management, leadership and motivational ability required
- Ability to understand and modify financial statements in order to perform credit and financial underwriting is required
- Ability to perform and recommend best practice approaches to loan documentation is required
- Superior interpersonal skills and ability to work well with diverse constituents is required Knowledge of and commitment to community development preferred
- Ability to work independently or in team environment as required
- Ability to independently manage multiple tasks effectively and efficiently
- Modest travel required (25% of time)
- No extraordinary physical requirements beyond ability to travel.
Job involves normal physical requirements for an office position.
Compensation:
TBD
How to Apply:
To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF136
Background:
The San Francisco Affordable Housing Accelerator Fund (SFHAF) is an innovative public-private partnership that leverages private capital to help the city of San Francisco keep low income and working families in their current homes, provides financing for developers to acquire property for affordable housing, and secures long-term housing stability and affordability. Established in 2016 in collaboration with the SF Mayor’s Office of Housing and Community Development, the Fund has closed on six loans that will preserve existing homes and produce new housing, and has several more projects in the pipeline. We are also managing several partnerships to support affordable housing production and preservation.
Position Summary:
SFHAF is launching a new social impact investment initiative in partnership with a large institution, focused on structuring equity and subordinate debt investments in supportive housing projects. The new Investment Associate would be primarily focused on underwriting and preparing supportive housing investments for the Fund’s investment committee, and overseeing projects and development progress in the portfolio. Given our growth stage, the Associate will also play a key role in building this new investment platform and its strategy, guidelines, and processes. In addition to managing and coordinating the projects’ investment diligence and reviewing for supportive housing investment opportunities, as part of our small team the Investment Associate will also participate in other Fund lending oversight as well as a range of “startup” related office management tasks and other policy and administrative work as needed. This role is based in San Francisco and given the focus of our portfolio, there will be limited travel required for the role, outside of professional development related opportunities. The Investment Associate would report to the Executive Director of the Fund and work closely with our Loan & Portfolio Associate, Loan Administrator, our financial advisor, accounting team, construction manager rep, and underwriting consultants.
Responsibilities:
Preferred Qualifications / Requirements - We are looking for someone with experience:
- Experience originating debt and equity investments to affordable and supportive housing projects, especially those that utilize the federal Low Income Housing Tax Credit program.
- Understanding and experience in supportive and affordable housing finance and project oversight.
- Knowledge of lending and/or equity investment operations, real estate development and finance, affordable housing regulatory programs and/or community development financial institutions (CDFIs) a plus.
- Experience with, or overseeing housing development activity, and experience in San Francisco specifically a plus.
Responsibilities / As SFHAF’s Investment Associate you would...
- Oversee the diligence, investment committee material preparation, documentation, and disbursing of equity investments
- Work closely with the developer selection process and oversee individual investments by the Fund
- Provide relevant asset management reporting to the Funds’ investors
- Work with the Fund’s third party fiscal managers
- Serve as a primary point of contact for potential program investments
- Work closely with SFHAF’s legal team on loan documentation and form documents associated with new equity and debt investment products
Requirements:
Additional Considerations / You’d be a great fit for this role if you are:
- An excellent communicator
- Resourceful / self-starter
- Comfortable working in a startup-like environment
- Highly detail-oriented
- Excellent judgment
Compensation:
Competitive based on experience.
How to Apply:
Please send your resume, Linkedin profile, and a cover letter detailing your relevant experience and interest in the job to Abby Murray (abby@sfhaf.org). Applications will be considered on a rolling basis.
Background:
Wisconsin Women’s Business Initiative Corporation (WWBIC) is a leading, innovative economic development corporation “Putting Dreams to Work.” WWBIC’s primary focus is on women, people of color and low income individuals, providing direct lending and access to fair and responsible capital, quality business education, one-on-one technical business assistance and education to increase financial capability. Since 1987, WWBIC has lent over $60 million in micro and small business loans with a current loan portfolio of $18 million and nearly 500 active borrowers. To learn more about WWBIC visit: www.wwbic.com
We are currently recruiting for a team player to support our mission in our NEW Northeast Regional office in the following capacity.
Position Summary:
The Regional Office Coordinator is a part time position (20 hours/week) with responsibility for administrative and program support for the northeast region which is made up of 12 counties. The Coordinator will help establish and maintain a professional & friendly environment in this new office and will be the first point of contact for all phone calls and guests. In addition, they will have responsibility for a variety of administrative tasks that support our educational programming, events and regional staff.
Responsibilities:
In addition, they will have responsibility for a variety of administrative tasks that support our educational programming, events and regional staff. This may include class preparation & set up, collecting payments & required forms, coordinating meeting logistics and materials, event/class promotion and attending classes or events on behalf of WWBIC.
Requirements:
The position requires 3 years of experience in an administrative position and a high school diploma or GED. An Associate degree is preferred. Must have solid Microsoft Office skills and the ability to function independently in a fast-paced busy office. Excellent relationship building, flexibility, organization and communication skills are critical for success. Must have ability to work occasional evening and weekend hours. Valid drivers license & proof of insurance is required.
Compensation:
Hourly salary determined by job experience.
How to Apply:
To apply, please email a letter of application, resume & salary requirements to patricia.lohmann@wwbic.com.
Background:
Wisconsin Women’s Business Initiative Corporation (WWBIC) is a leading, innovative economic development corporation “Putting Dreams to Work.” WWBIC’s primary focus is on women, people of color and low income individuals, providing direct lending and access to fair and responsible capital, quality business education, one-on-one technical business assistance and education to increase financial capability. Since 1987, WWBIC has lent over $60 million in micro and small business loans with a current loan portfolio of $18 million and nearly 500 active borrowers. To learn more about WWBIC visit: www.wwbic.com
Position Summary:
The Regional Project Director is a full-time position responsible for opening a new WWBIC office in Appleton, WI. Once the office is functioning, the Project Director will have responsibility for overall coordination and expansion of WWBIC’s business education and financial awareness programs for the 12- county northeast region. They will implement and direct education and outreach initiatives to meet deliverables, supervise and coach staff and volunteers, serve as liaison on partner/funder/co-provider teams that serve clients in the region, and develop, maintain and expand local and regional partnerships. In addition the Director will work collaboratively with WWBIC Staff and Advisory Council, and represent or speak on behalf of WWBIC at community or professional events.
Responsibilities:
The position requires a bachelor’s degree and at least 5 years of experience in economic development or private sector business along with direct program management and supervisory skills. Must have the ability to communicate effectively and work collaboratively with diverse audiences, both in groups and one-on-one. Must have ability to work occasional evening and weekend hours and travel throughout the region.
Requirements:
Valid drivers license & proof of insurance is required. Working knowledge of micro-enterprise and small business in preferred.
Compensation:
The salary is competitive, depending on qualifications. Benefits include full health and dental coverage, 403(b) savings plan and more in a family-friendly environment.
How to Apply:
Please email a letter of application, resume & salary requirements to patricia.lohmann@wwbic.com.
Background:
Spruce Root helps entrepreneurs overcome barriers to financial services and develop local capacity within our Southeast Alaskan communities. Headquartered in Juneau, Alaska Spruce Root was founded by Haa Aaní, LLC in 2012 under the name Haa Aaní Community Development Fund, Inc. with the goal of improving entrepreneurial capacity and access to capital for entrepreneurs in Southeast Alaska. As an emerging Community Development Financial Institution (CDFI), we spent our infancy learning about CDFI best practices, building community relationships, raising capital to lend. By 2016 we had 8 loans in our portfolio and $3.5 million in lending capital. In early 2017 we underwent a name change and re-branded as Spruce Root, Inc. This signified our own transformation from an emerging CDFI to an established organization with the governance, staffing, and resources necessary to operate as an autonomous entity.
Position Summary:
The Executive Director is responsible for executing and directing Spruce Root’s operations and carrying out the mission of the organization. The Executive Director is fully responsible for financial (P&L) oversight of the organization, maintaining a strong and growing balance sheet, and capitalization of the CDFI to meet strategic growth goals. The position reports to the Board of Directors and is responsible for carrying out the initiatives and policies of the organization.
Responsibilities:
- Provide general operational oversight of the CDFI operations. Works with the Spruce Root team to develop and implement a comprehensive regional and statewide economic development strategy to be Alaska's leading entity promoting community-based economic development initiatives.
- Represent Spruce Root’s interests with regional, statewide and national stakeholders to advance and support the mission of the CDFI.
- Develop and implement long-term, sustainable growth strategies to position organization to be self-sustaining and meet organizational growth goals.
- Negotiate and approve all contractual agreements binding the CDFI.
- Full organizational budgeting, planning and P&L oversight and responsibility.
- Ensures all CDFI activities employ best practices and meets industry benchmarks.
- Proactively engage with federal, state and philanthropic stakeholders to overcome any obstacles for achieving mission in the region.
- Responsible for ensuring company visibility in all aspects of the community, establishing and maintaining relationships with other organizations in the community to maximize economic development services.
- Ensure program managers meet financial and performance metrics.
- Report quarterly to the Board and develop policies to ensure organizational impact and growth in the region.
- Execution of the 5 Year Strategic Plan
- Lead external relationship building and marketing efforts to build consulting and lending pipeline.
Requirements:
General Qualifications, Knowledge and Skills
- Bachelors or higher degree in business, finance, public administration, economic development, or a related field within the private sector.
- Minimum of seven years of experience in an economic/community development capacity and for-profit and non-profit experience impacting communities.
- Ability to effectively develop and lead a diverse and dynamic team located across the Southeast Alaska region.
- Managerial skills – leading, planning, organizing, controlling and administering.
- Knowledgeable of state and federal government, with an ability to read, interpret, understand and affect policies and legislation.
- Ability to work cooperatively and collaboratively with all levels of employees, management, external agencies and philanthropic/impact investment partners to maximize performance, creativity, problem-solving, and results.
- Strong personal passion for Spruce Root’s mission
- Worked for a CDFI or related entity.
- Strong acumen with budgeting and planning process
- Proficient in developing and executing organizational policies
- Working knowledge of financial statements and GAAP standards
- Strong communication skills (written and oral) and ability to speak in a public setting
- Strong ability to build and grow productive team members in remote settings
- Experience working in community development and achieving results
- Strong attention to detail and organization
- Background in rural economic development activities
Additional Requirements:
- Position is subject to satisfactory completion of a background check, and reference check. A valid driver’s license is also required for this position.
Compensation:
Competitive, DOE
How to Apply:
For more information, visit www.spruceroot.org or call 907-586-9251.
To apply: Please submit a resume and cover letter by email describing your qualifications and interest in the position at Spruce Root to:
Email: grow@spruceroot.org
Subject line: Attention: Hiring Committee
Background:
PolicyMap, Inc. is a national online mapping tool and platform that enables government, commercial, non-profit and academic institutions to access data about communities and markets across the US. It is used for research, market studies, business planning, site selection, grant applications and impact analysis. We offer access to the PolicyMap tool through subscriptions and enterprise access, license the underlying data in our platform and help organizations and companies bring interactive mapping to their own websites. Launched in 2008, PolicyMap now has hundreds of customers, including federal, state and local government agencies, major universities, non-profit organizations, and commercial firms spanning real estate, banking and health care. PolicyMap is a Benefit Corporation founded on the belief that data has the power to change communities and markets. The problem is that getting that information is not simple or efficient. Data and analytics need to be reliable, consistent, and relevant. They need to be readily accessible. And they need to be responsive to the issues public and civic organizations are trying to understand. Changes in technology and the expansion of online mapping applications are creating new opportunities for the public and civic sectors to increase their ability to use and share good data and analytics to inform decisions.
Position Summary:
PolicyMap seeks a Senior Data Analyst to contribute to the Data and Content Development Team by sourcing, acquiring, maintaining and curating data for our online data and mapping services. Because PolicyMap customers include government agencies, universities, non-profit organizations and commercial firms, the Senior Data Analyst must have an aptitude for conceptualizing data related to a variety of topics related to housing, poverty and health, to name a few. The Senior Data Analyst serves as a leader by assuming management responsibility of one or more of the following tasks: management of the PolicyMap boundaries database, maintenance and expansion of the PolicyMap color palettes or maintenance and expansion of the PolicyMap Reports library. The Senior Data Analyst may delegate work, under supervision of the Data Development Lead, to Data Analysts and Interns.
The Senior Data Analyst plays an integral role in the Data Development Team by creating new, unique data indicators derived from the combination of public and proprietary data using rigorous statistical methods. The Senior Data Analyst is also responsible for maintaining existing datasets on PolicyMap. Essential to the position is the capacity to contribute to PolicyMap’s role as a thought leader in data and mapping by providing fresh, relevant ideas and submissions to our blog, social media and Mapchats webinar series. This role also requires candidates who are invested in and enthusiastic about providing attention to detail to the PolicyMap platform by occasionally testing beta products and QA of the various PolicyMap products, which include our main site, our major client projects, and our API offering.
Reporting to the Data Development Lead, the Senior Data Analyst researches and procures datasets, analyzes, and processes them using MS SQL Server Management Studio, MS Access and ArcGIS. He/she needs to have strong writing skills and the ability to translate technical data descriptions into user friendly text accessible to our spectrum of users.
The Data and Content Development department prizes attention to detail; enthusiasm for our products and our clients are core values. We work well independently, and we take ownership of our individual workloads, while leveraging the strengths of all our team members through collaboration. The 6-person Data and Content Development department is agile, creative, and uses the best tools and approaches at hand for each task. PolicyMap’s office in Midtown Village provides a casual-dress work environment that matches our creative, collaborative culture.
Responsibilities:
Data Set Processing
- Research and procure large and small public and proprietary datasets
- Collect, process and document our datasets using SQL, MS Access, and ArcGIS
- Communicate with tech team to ensure data appears properly in PolicyMap
- Author documentation of process and dataset indicators
- Provide validation and quality assurance of datasets
- Validate other team members’ datasets
New Data Creation and Thought Leadership
- Contribute to the implementation of original, unique data and analytics new to PolicyMap
- Brainstorm ideas and contribute to PolicyMap’s social media efforts, blog articles and Mapchats webinar series related to current policy topics
Other
- Manage at least one aspect of Data and Content Development Team’s core functions
- Supervise discrete delegated work projects to Data Analysts and Interns
- Participate in testing beta versions of new features
- Provide occasional online trainings to prospective PolicyMap users
Requirements:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Master’s Degree (or five years’ commensurate work experience) in urban planning, public policy, health services research, economics, public health, anthropology, sociology, demography or other related fields
- Five years’ commensurate work experience required (can include internships)
- Demonstrated proficiency and experience required with GIS (ArcGIS), SQL and/or MS Access, or other relational databases; one or more statistical software programs (SPSS, SAS, R) a plus
- Experience using federal data, such as U.S. Census and Bureau of Labor Statistics (BLS)
- Familiarity with current public policy issues and community development concerns
- Proven organizational skills and attention to detail
- Excellent technical and compositional writing skills
- Strong project management skills
- Excellent interpersonal skills
COMPETENCIES:
To perform the job successfully, an individual should demonstrate the following competencies:
- Ownership/Accountability – Actively manages work and issues through to completion.
- Customer Service – Understands and manages customer expectations.
- Initiative – Anticipates and communicates challenges and opportunities.
- Commitment – Demonstrates sense of passion and urgency for work, mission and organization.
- Adaptability – Sees opportunity and risk for continuous improvement.
- Efficiency and Productivity – Determines priorities and allocates time and focus accordingly.
- Professional/Technical Expertise – Understands and applies technical/procedural knowledge of job.
Compensation:
N/A
How to Apply:
Please mail or email resume with cover letter, salary requirement and research and/or writing sample to:
Elizabeth Nash
Vice President, Data and Content Development
PolicyMap
1315 Walnut Street, Suite 1500
Philadelphia, PA 19107
elizabeth.nash@policymap.com
PolicyMap, Inc. uses E-Verify to validate all new hires’ ability to legally work in the United States. PolicyMap, Inc. is an Equal Opportunity Employer. PolicyMap, Inc. does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Minority candidates are encouraged to apply.
Background:
What We Do:
Nonprofit Finance Fund (NFF) works toward a more just and vibrant society through:
Financing that invests in missions. Our customized financing strengthens hardworking nonprofits and social enterprises.
Consulting that empowers leaders. Our experts equip you to make financial decisions that best serve your mission.
Partnering on big problems. Service providers, funders, and investors turn to us for new ways to collaboratively support stronger, fairer communities.
Learning that helps illuminate paths to solving complex social issues. Sharing experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis – makes it easier.
NFF advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing that empower leaders, organizations, and ideas. A leading Community Development Financial Institution (CDFI), NFF currently manages over $310 million. Since 1980, we have provided almost $700 million in financing and access to additional capital in support of over $2.3 billion in projects for thousands of organizations nationwide.
Position Summary:
The Financial Services team is seeking to hire a Portfolio Manager. The Portfolio Manager is a member of a close-working team of professionals dedicated to sourcing, underwriting, closing and managing a portfolio of loans to nonprofit organizations, primarily in the health, education, and human services sectors. The Portfolio Manager will be responsible for managing borrower relationships, and analyzing and monitoring the performance of loans and borrowers, primarily in the State of California. The Portfolio Manager shall manage borrower relationships, conduct financial analysis, and complete the underwriting and restructuring of loans, as well as provide technical assistance in order to support the success of borrowers and the health of the loan portfolio. The role requires creative structuring and resourceful relationship and partnership development to succeed in maintaining the quality of the portfolio.
Responsibilities:
- Portfolio Management – Part of a team responsible for overseeing and managing NFF’s loan portfolio. Loans range from working capital lines of credit to construction loan financing for major capital projects. After loan approval and closing:
- review draw requests and back-up documentation for compliance with applicable loan requirements, including construction draw documentation and reports;
- monitor loan covenant compliance, and ensure timely evaluation of client financial condition, organizational trends, collateral coverage and repayment ability;
- enter and ensure accuracy of loan and client data into Salesforce;
- monitor and resolve any loan billing or collection issues;
- develop subject matter expertise in the health, human services and education sectors in order to evaluate clients’ operating performance, as well as risks and opportunities;
- conduct risk rating reviews in order to obtain an accurate assessment of repayment risks;
- undertake increased scrutiny and monitoring of higher-risk loans, and manage delinquencies;
- complete evaluations of loans and lines of credit amendments, renewals and restructurings, and present recommendations to NFF’s credit committees on a timely basis, and with guidance and oversight from the Director of Portfolio Management and Chief Credit Officer, execute collection strategies and action plans, assist in negotiations, and restructure loans when necessary.
- Underwriting – Complete underwriting of lines of credit where renewal options have been exhausted, underwrite new loans to portfolio clients on an as-needed basis, and present recommendations to NFF’s credit committees.
- Communication and Reporting – Communicate and meet with portfolio clients. Communicate and coordinate with Financial Services team members on new business opportunities, and share sector and market information and knowledge. Assist with the collection and analysis of loan portfolio data and preparation of reports.
- Relationship Management and Technical Assistance – Monitor and proactively work with clients to evaluate their overall financial health, improve their operating performance, and meet their financing and facilities needs. With support from the Director of Portfolio Management, develop appropriate financial solutions which meet client needs and protect NFF’s capital.
- Internal and External Relations – Maintain a culture of quality customer service at all points of contact with clients, colleagues, board and committee members, and other partners.
- Other Duties – Supports and contributes to a diverse range of Financial Service projects and initiatives.
Requirements:
- Bachelor’s degree or equivalent experience required.
- At least three (3) years of direct lending or portfolio management experience, ideally at a community development financial institution, a commercial bank or other financial institution.
- Strong financial analysis skills, with attention to detail and familiarity with nonprofit accounting.
- Excellent written and oral communications and interpersonal skills.
- Strong time-management, multi-tasking and organizational abilities.
- Self-starter with the ability to work with limited supervision as well as collaborate with a close-knit group.
- Ability to take initiative and focus on results.
- Proficiency with Microsoft Office applications, including Word, Excel and PowerPoint; experience with Salesforce preferred.
- Interest and ability to travel to meet with portfolio clients.
Specialized Knowledge/Beneficial Skills and Experience:
- Experience with real estate and construction financing.
- An openness to learning new skills and systems, with an entrepreneurial work ethic.
- Demonstrated commitment to the nonprofit community.
- Flexibility, creativity, and patience, with imagination, enthusiasm and a sense of humor.
Compensation:
All salaries are commensurate with experience and include an attractive benefits package.
How to Apply:
To apply please visit: http://nonprofitfinancefund.applytojob.com/apply/x5fj5pibez/Loan-Portfolio-Manager-Oakland-CA?source=OFN
