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=OF139
Background:
HOUSING ASSISTANCE COUNCIL
The Housing Assistance Council (HAC) is a national nonprofit Community Development Financial Institution (CDFI) that strengthens communities across rural America through investment and assistance with affordable housing and community and economic development initiatives. Based in Washington, DC, HAC is actively involved in shaping federal policy and the affordable housing industry with its research, lending and conferences. We also deliver technical assistance, training and affordable loans at the local level to organizations that help rural communities prosper.
Position Summary:
The Loan Officer will represent HAC in its lending activities and originate new loan transactions. This includes a range of lending activities – underwriting single and multi-family projects, assist in the development of new loan products, and marketing HAC loan products. The Loan Officer reports directly to the Director of Lending and works closely with Loan Processors and Portfolio Managers who close and service loans.
The position comes with a competitive salary and generous benefits. It is an opportunity to work in a fun, mission-focused environment with an expanding team that bring vitality and prosperity to rural places.
Responsibilities:
DUTIES and RESPONSIBILITIES
• Contribute to loan production goals by identifying lending opportunities and originating new loans upon referral from the Training and Technical Assistance Team.
• Structure loan transactions in compliance with internal credit and program requirements.
• Prepare and negotiate loan proposals with borrowers and partners (term sheets and commitment letters).
• Manage the loan approval process from deal screening through due diligence to loan approval.
• Prepare and present Loan Summary recommendations and commitment modification reports for Chief Executive Officer and Loan Committee review.
• Assist in the loan closing process by working with the Portfolio Managers.
• Attend industry trade conferences and make presentations; foster and maintain key strategic relationships.
• Assist with the marketing and communication on closed transactions.
• Work closely with all Loan Fund staff to assure excellent customer service.
• Work with partners on loan participations.
• Monitor assigned closed loans and conduct site visits, as needed.
• Participate in strategic planning and innovation process.
• Keep abreast of industry standards, challenges, and changes influencing lending activities.
• Provide technical assistance and training to nonprofit organizations on housing finance, subsidy sources, risk mitigation and other housing industry-specific topics.
• Formulate and execute strategies for problem loans and at-risk projects.
• Perform other duties and tasks as assigned.
Requirements:
Required
• Undergraduate degree in relevant field. Advance degree in business, finance or related field preferred.
• Minimum of five years’ work experience in real estate finance.
• Experience with community development underwriting. Experience in affordable housing, including development processes for single- and multi-family housing, public financing sources, multi-layered deal structuring, and providing technical assistance to affordable housing developers/nonprofit organizations.
• Knowledge of Community Development Financial Institutions is a plus.
• Demonstrated experience in preparing and negotiating complex transactions and balancing the programmatic needs of community-based organizations with sound underwriting judgment and risk mitigation.
• Familiarity with federal, state, and local community development programs, particularly programs that finance affordable housing in rural communities, especially USDA Rural Development and Low Income Housing Tax Credits.
• Strong financial, analytical and communication skills.
• Candidates must have sufficient credit skills to conduct risk assessment and manage a portfolio.
• Excellent organizational skills and ability to prioritize and manage multiple tasks/projects and meet deadlines.
• Proficiency with Microsoft Office (particularly Word, Excel, and Power Point), Adobe Acrobat, and Salesforce.
• Ability and willingness to travel.
Preferred
• Knowledge of and experience with standard legal principles and procedures related to real estate transactions, property transfers, and collateral;
• Commitment to social justice issues
• Interest in rural, low-income housing.
Compensation:
Competitive salary based on experience
How to Apply:
Send resume with cover letter and salary requirements to jobs@ruralhome.org
Background:
ECONOMIC RESOURCES CORPORATION
PRESIDENT/CEO
LOS ANGELES, CA
ABOUT ECONOMIC RESOURCES CORPORATION
Economic Resources Corporation (“ERC”) is a California nonprofit corporation whose mission is to promote economic development and job creation in underserved neighborhoods through a multi-disciplined program of small business support and targeted real estate investment. The company was established in 1968 by a group of Los Angeles business and civic leaders at the invitation of the U.S. Department of Commerce Economic Development Administration.
Staying true to its mission, ERC has traditionally focused on small and medium business enterprises, seeking the creation of new jobs, higher incomes and entrepreneurial opportunities. Because business communities and their surrounding residential counterparts are intrinsically linked, ERC correlates business investment with improvements in other areas of the community creating strong interlocking relationships between Economic Development and Community Development. In addition to the development of industrial and commercial real estate, ERC has, during its existence, provided technical, management and financial assistance to businesses and other community nonprofit organizations.
History
Economic Resources Corporation was founded in 1968 to help address one of the causes of the 1965 Watts Riot, a severe lack of economic opportunity and job creation in the south Los Angeles. Like several United States cities during the decade of the 1960's, large parts of Los Angeles and it citizens suffered frustration over the lack of job opportunity, and general economic disenfranchisement. Something had to be done. In Los Angeles the answer was a collective approach that required teamwork and direction, and the creation of several organizations formed to address specific issues in specific communities. ERC was one of those organizations, and was formed to help bring jobs, economic opportunity, and improve the local infrastructure by developing real estate projects with the potential to serve as catalysts for other investments.
Through the years, this unique ERC perspective caused it to become well versed in the issues confronting a minority business community attempting to join the mainstream. Thus, ERC became a repository of information data and guidance for minority businesses seeking opportunity and change.
To effectuate our mission, ERC focused its energies on the development of industrial and commercial real estate to create quality places of business. This in turn, attracted and retained industrial/commercial enterprises rich with job opportunities, bringing much needed economic activity to the target area.
With sound management and financial acumen, ERC has not only survived and accomplished its original objectives, it has thrived.
For more information on Economic Resources Corporation, please visit www.economicresources.org/.
ABOUT KOYA LEADERSHIP PARTNERS
Koya Leadership Partners is a national retained executive search and human capital-consulting firm that works exclusively with nonprofits and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information about Koya Leadership Partners, visit www.koyapartners.com.
Position Summary:
THE OPPORTUNITY
Economic Resources Corporation is seeking an innovative, inspiring, and business savvy leader to be its next President/CEO. This is a unique opportunity to be at the helm of a self-supporting organization with a 50-year history of creating new jobs, higher incomes, and entrepreneurial opportunities in underserved Los Angeles communities.
The President/CEO is responsible for providing strategic and managerial leadership for the company, and will carry out this responsibility by working with the Board and management staff in establishing long-range goals in support of the company's values and non-profit economic development mission. The President/CEO is also responsible for overseeing all company operations, creating and maintaining a corporate vision and culture consistent with the company's mission and business model, and executing the operating plan through the supervision of subordinate management.
This is an exciting opportunity for the right executive to help ERC become a regional leader in not-for-profit real estate investing, expand ERC's footprint, and clearly impact the economic viability of the communities that ERC invests in.
Responsibilities:
KEY RESPONSIBILITIES
• Leads the Corporation with a clearly defined sense of business direction, purpose and mission.
• Responsible for creating, planning, implementing, and integrating the strategic direction of the company.
• Develops and implements a well-defined operating strategy to advance the company's mission and objectives and maintain its economic sustainability.
• Oversees all operations of the organization in accordance with the established strategic plan and corporate values.
• Establishes, monitors and maintains appropriate management systems to provide for the effective control of operations and minimize risks.
• Provides adequate and timely information to the Board of Directors to enable it to effectively execute its oversight role.
• Coordinates with the Board of Directors in developing the policies and procedures required to provide appropriate direction to the organization.
• Assists the Board of Directors in the selection and transition of successor executive management.
• Develops and maintains relationships with other organizations, industry and government officials that are in the best interest of the company.
CORE COMPETENCIES
The President/CEO will be deeply connected to Los Angeles and the history of South Los Angeles. This savvy individual will know the political landscape of both Los Angeles and California, will understand the challenges of working in the region, and will be familiar with the key players and processes around promoting business, development, and investment. The President/CEO will bring a broad understanding of multiple sectors, including government, commercial real estate, and nonprofit structures and systems. Coming from a business background, this leader will have an understanding of economic and community development through real estate.
The ideal candidate will be an experienced manager with a minimum of 15 years of diversified corporate, financial, and general management experience. This individual will have a history of developing strategic, operational and financial plans, formulating policy, effectively managing capital resources, and implementing new strategies and procedures. MBA or technical graduate level academic degree preferred.
Requirements:
In addition, the successful candidate will have the following professional competencies and personal characteristics:
Visionary & Strategic Leadership: The President/CEO will be a strategic leader who will develop a unifying vision for the organization, generate enthusiasm for its future direction across all levels of ERC, and drive the organization forward. This nimble leader will read the economic and political environment, forecast changes, and adapt as needed to effect long-term, systematic, positive change in underinvested communities. The President/CEO will have the ability to identify and articulate a clear vision for how ERC can identify and measure its economic impact on the communities it serves. This visionary leader will have a history of taking organizations from one stage to the next, engaging various sectors to advance organizational impact, and capturing new opportunities to bring about economic and community development.
Passion for Mission: The President/CEO will have a passion for improving the economic conditions of and providing development opportunities for underinvested areas of Los Angeles, and will have a demonstrated commitment to helping low-income communities improve their quality of life. The President/CEO will display the highest degree of personal integrity and ethical standards in the role and will serve as a model for all staff.
General Management & Financial Management Expertise: The President/CEO will be a strong and experienced organizational manager. This business savvy leader will bring a thorough understanding of management practices, corporate structures, asset management, and risk mitigation. Possessing broad experience with financial management, the President/CEO will demonstrate facility with financial statements and financial analysis, and will make decisions based on sound, established business and financial principles.
An inspiring, motivational, and even tempered manager, the President will build trust with staff and establish clarity on roles, responsibilities, and targeted outcomes with a strong commitment to the professional development of the team. This individual will be outcomes driven and will demonstrate the ability to build, nurture, and retain a strong team of diverse professionals, creating a culture of accountability.
Entrepreneurial & Innovative Mindset: The President/CEO will be fresh and current in their thinking, and will be eager to present the Board with new ideas for evolving the organization. Deeply knowledgeable of current trends in economic development, this strategic leader will identify new opportunities aligned with ERC's mission and work. This outside-of-the-box thinker will create a long-term vision for building and cultivating relationships across sectors that will advance ERC's mission and increase its impact.
Relationship Building & Communications: The President/CEO will successfully build relationships with community members, elected officials, nonprofit and business leaders, and other key stakeholders in order to advance the mission of ERC. The President/CEO will possess superior verbal and written communication skills, with the ability to influence and persuade a wide variety of audiences and stakeholders. This leader will have proven facilitation and negotiation skills and the ability to explain real estate's pivotal role in economic development.
The President/CEO will be an engaged and active listener, and will value transparent communication across all levels of the organization. Bringing deep experience with board relations to the role, the President will work to develop the Board and to take them to the next level as a governing body.
Compensation:
-
How to Apply:
CONTACT
Economic Resources Corporation has engaged Koya Leadership Partners to help in this hire. This search is being led by Michelle Bonoan and Erin Reedy. Please submit a compelling cover letter and resume here, or email Michelle or Erin at the following:
Michelle R.S. Bonoan
Managing Director
mbonoan@koyapartners.com
Erin Reedy
Vice President
ereedy@koyapartners.com
Economic Resources Corporation is an equal opportunity employer. All qualified applicants shall receive consideration for employment without regard to race, color, religion, national origin, ethnic group identification, ancestry, sex, age, marital status, political affiliation, condition of physical or mental disability, gender identity or sexual orientation, in accordance with requirements of Federal and State laws. All qualified applicants with criminal histories will be considered in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring.
Apply Here: http://www.Click2Apply.net/rkwjjxcyrr7m3jqm
PI110072658
Background:
ABOUT APPALACHIAN COMMUNITY CAPITAL
Appalachian Community Capital (ACC) is a nonprofit Community Development Financial Institution (CDFI) loan fund. ACC’s primary function is to serve as a wholesale development finance intermediary, or fund of funds, for community development lenders that make affordable loans to small businesses throughout the Appalachian Region. ACC’s 19 high-performing members are mission-driven lenders committed to meeting the credit needs of rural Appalachia. Since 2015, ACC has invested nearly $17 million in underserved communities, and provided access to capital and expertise to small businesses owners and entrepreneurs, including minority- and women-owned businesses.
The SVP of Finance and Administration supports goals, values and philosophy by exhibiting the following behaviors: excellence, quality service, commitment and accountability. As a member of Appalachian Community Capital’s management team, the SVP demonstrates the following accountabilities: communication, teamwork and job knowledge.
Position Summary:
Working under the policy direction of Appalachian Community Capital (ACC) and under the general supervision of the CEO, the SVP-Finance and Administration is responsible for ensuring ACC’s overall financial planning and budgeting programs are aligned with the corporate strategic plan and the expectations of all funders and stakeholders. This position can be performed remotely.
Responsibilities:
• Budget and Financial Planning - Works with the CEO to formulate, implement and maintain ACC’s overall strategy for financial and budgetary initiatives.
• Financial Management, Accounting and Policies – Implements accurate and timely accounting and reporting practices.
• Investment and Fund Management – Manages ACC’s investment program and investors relationships. Responsible for managing and maintaining investment notes and records, servicing investments and interest payments, and managing investor relationships.
• Administrative Management - Assists with contract management, and performs other duties as assigned.
Requirements:
At least 5 years professional experience as a Finance Director, Controller and/or senior financial officer is required. Experience working at a financial institution, in particular a Community Development Financial Institution, or experience in nonprofit finance and reporting requirement is highly beneficial.
Demonstrated understanding and experience in the non-profit sector, including working with a Board of Directors. Non-profit management and leadership experience preferred.
Requires a Bachelor’s degree in accounting, finance and/or business administration (MBA preferred). CPA required. A minimum of five years of professional level experience performing varied and responsible accounting or business management involving the use of electronic data processing systems.
Experience analyzing and managing portfolio risk is highly beneficial.
Thorough knowledge of accounting principles and practices as well as budgeting, purchasing, and electronic data processing applications.
A successful track record managing a variety of grant and investment funding (government, philanthropic, institutional) sources, in addition to managing investor/funder relationships.
Excellent organizational, oral and written communication skills and problem-solving abilities.
Fluency with Microsoft Office suite, in particular Excel, and QuickBooks is required.
Knowledge of accounting and reporting software; familiarity with loan management software is a plus.
Ability to maintain confidentiality.
Compensation:
ACC offers a competitive salary based on experience and skills, as well as an excellent benefits package, including health, disability and life insurance, 401(k) savings plan with employer match, and paid time off.
How to Apply:
Interested candidates should email a resume/CV and cover letter that outlines how your skills and experience meet the qualifications of the position, and salary requirements to dgambrell@acc1.org with “Senior VP-Finance and Administration” in the subject line. First application reviews will begin July 1, 2019.
Background:
Who is Sparks Group?
Founded in 1970 as an administrative staffing company, today Sparks Group is a premier provider of professional, technical, administrative, and creative talent for organizations looking to make their next great hire. We hold long-term partnerships with many of the area’s top employers, spanning a diverse mix of industries. Our areas of specialization include: Accounting and Finance, Administrative and Office Support, Contracts and Acquisitions, Customer Service and Call Center, Human Resources and Talent Acquisition, Information Technology, Creative and Marketing, Financial Services, and Paralegal/Legal Support.
Position Summary:
Join a mission-based company that focuses on transforming under-served communities into strong, vibrant hubs of opportunity. This fast-growing organization has 30 years of experience and has invested more than $2B in strategic financing, social innovation programs and capacity building programs to under-served locations This has provided low-income communities access to high-quality healthcare, education, healthy foods, housing, and familycare. The Loan Servicing/Loan Accounting Manager plays a critical role in the organization. If you're interested in joining a financial company with a heart, apply today!
Responsibilities:
Manage Loan Servicing personnel in their daily activities and ensure they receive proper training and support.
Oversee all accounting processes, including: cash handling, payments, general ledger reconciliations, escrow balancing, loan disbursements, and loan modifications.
Oversee and set up ACH activities.
Manage all processes for delinquencies, charge offs and non-accruals
Ensure accurate system usage, data input, and create reports.
Create and ensure that departmental benchmarks are met.
Oversee the rate change process for loan indexes, participate in loan system conversions, and assist with day-end processing.
Requirements:
Bachelor’s degree necessary.
5+ years in the financial services industry ideal.
Exposure to New Market Tax Credits (NMTC) is helpful.
3+ years of management experience, leading a servicing team is a plus.
Possess a collaborative, team-oriented attitude.
Proficiency with Microsoft Office (particularly Word, Excel and Power Point).
Exposure to McCracken Loan Accounting Servicing system experience is ideal.
Compensation:
$90,000 - $110,000 annually
How to Apply:
Send your resume to ttran@sparksgroupinc.com
Background:
Housing Trust is leading the effort to create a strong affordable housing market the in the greater Bay Area as one of the region’s highest-volume nonprofit housing lenders. Serving people experiencing homelessness to renters to first-time homebuyers, we assist a wide range of residents with programs across the entire spectrum of housing issues. Since 2000, Housing Trust has invested $230 million – creating more than 18,400 affordable housing opportunities serving over 33,500 of our neighbors. Housing Trust is the first nonprofit Community Development Financial Institution (CDFI) to receive a Standard & Poor’s rating (AA-) because of its strong capacity to meet financial commitments.
Position Summary:
Housing Trust is looking for a dedicated creative leader to join its mission-driven executive management team. As Chief Lending Officer (CLO), you play a key role guiding the strategic direction of the organization while leading dedicated and motivated teams, both Multifamily Lending (MFL) and Homebuyer Programs (HBP), who have made over $100 million in loans to create or preserve over 3,100 affordable homes over the past 2 years. You will be in a unique position at an organization that values innovation to grow, develop and refine programs for maximum impact in response to borrower needs and changes in the market. The CLO cultivates collaborative relationships with both internal and external partners to ensure smooth and efficient originations, underwriting, loan administration, policy compliance, transfer to portfolio management, cashflow, debt solicitation and investor relations. The CLO represents Housing Trust at local, state and national housing and lending venues – such as CHC, Housing CA, NPH and OFN - raising the organization’s profile as a thought leader throughout the CDFI and affordable housing industries.
OUR LENDING PROGRAMS
As one of the leading CDFI serving the greater Bay Area, Housing Trust’ s impact is a direct result of how quickly and creatively our lending teams respond to meet our borrowers’ unique needs creating affordable housing opportunities. Current MFL and HBP programs include:
Multifamily Lending
• Acquisition & Predevelopment Lending – capital that enables affordable housing developers to secure land and move projects forward quickly.
• Supportive Housing Fund – with an investment from Santa Clara County, low-interest loans for developers acquiring land for supportive housing developments which will eventually be supported by Measure A housing bond funds. Housing Trust recently received a federal grant to expand the geographic footprint for this program.
• Monterey Bay Housing Trust – affiliate fund focused on Santa Cruz, Monterey, and San Benito counties in partnership with the Monterey Bay Economic Partnership.
• Bond Guarantee Program (BGP) & Term Debt – $25 million allocation from the CDFI Fund for BGP, which allows us to provide flexible long-term debt. It has been particularly useful to facilitate resyndication of LIHTC projects. Housing Trust also provides term debt from other sources of capital, depending on project needs.
Homebuyer Lending
• Empower Homebuyers SCC – Santa Clara County authorized up to $25 million of Measure A housing bond funds to be used as down payment assistance for first-time homebuyers with incomes up to 120% AMI. Housing Trust was selected to market and originate the Empower loans, which are subsequently sold to the County.
• HELP – Housing Trust recognized the need for down payment assistance for first-time homebuyers at moderate income level. Using our own capital, we began making HELP loans for households up to 140% AMI.
• City of Santa Clara BMP – The City of Santa Clara requires developers of for-sale housing to set aside 10% of their units for first-time homebuyers. Housing Trust administers this program, which is growing the number of low- and moderate-income homeowners in the City of Santa Clara.
• Small Homes, Big Impact – Housing Trust’s Accessory Dwelling Unit (ADU) team is launching a pilot construction bridge loan for homeowners responding to the housing crisis.
Responsibilities:
Strategy & Management:
• Direct and ensure future growth of the organization through strategic oversight for all aspects of single family and multifamily lending including risk mitigation and management to ensure prudent growth
• Set goals and execute strategies for deployment of Housing Trust capital to finance affordable housing
• Manage all program activities to achieve program goals, including primary responsibility for marketing the program, supervising, supporting, and motivating staff who have primary program responsibility for underwriting, loan administration, and reporting
• Manage relationships with the MFL Loan Committees including educating board members on Housing Trust program, including serving as staff member of the Program and Policy committee
• Manage external relationships, including borrowers, and external loan committee members, and provide executive support to others such as loan pool members and bank loan servicing providers
• Enhance Housing Trust lending programs by designing new products or improving existing ones, and develop creative ideas to access flexible capital in collaboration with Chief Development Officer, and Chief Financial Officer
• Engage in talent acquisition, development and retention of staff, and cultivate a mission-focused environment of creativity, innovation, agility, and work/life balance
• Provide leadership through communication, performance management, development and recognition of staff
• Provide support to Chief Development Officer by interacting with program funders
• Collaborate with Chief Financial Officer regarding annual budgets, interest rates, cash flow, contract changes, accounting for sales and other finance and compliance areas.
• Ensure compliance with Housing Trust’s lending policies and all applicable laws and regulations
Marketing:
• Develop and execute affordable housing marketing strategy for both nonprofit and for-profit developers to best respond to potential, current, and former borrower needs
• Respond to changing financing needs of affordable housing developers that can impact product development
Loan Administration, Underwriting, & Reporting:
• Support Loan Officers and borrowers with preparation of credit analysis on new loan requests
• Manage the team to underwrite predevelopment, land acquisition, and construction loans
• Review and approve loans, oversee closings, portfolio management of active loan portfolio, including reporting
• Strengthen and maintain risk rating system and supervise quarterly portfolio reviews
• Develop executive program dashboards with data from MFL and Homebuyer programs
Requirements:
• Bachelor’s degree required; Master’s degree in related field preferred.
• At least 15 years of relevant experience, which can include commercial real estate lending, affordable multifamily lending/investing, and affordable housing development. Must include at least 5 years of lending experience at a commercial bank or CDFI. Knowledge of affordable single-family housing and/or affordable homeownership programs is desired.
• Strong knowledge and understanding of various public and private sources of financing available to developers of affordable housing
• Commitment to affordable housing for low income communities
• Experience with development and implementation of annual plan and budget
• Ability to work in a fast-paced environment to establish department priorities and adapt to changing circumstances
• At least 5 years experiencing supervising and managing staff and staff development. Experience working on cross-functional group across departments.
• Strong written and verbal communication, including demonstrated skills with presenting in public, on panels, executive memos, and articles for industry publications.
• Demonstrated commitment to diversity, equity, and inclusion policies and practices.
Compensation:
Housing Trust offers a competitive compensation package, including a bonus plan and benefits. This is an exempt, full-time position. Compensation for this position is dependent on experience.
How to Apply:
Resumes will be reviewed and considered on an ongoing basis. To be considered for this position, please submit a letter of interest and resume to Jobs1@housingtrustsv.org.
Background:
Organization
Founded in 1978, RCAC is a 501(c)(3) non-profit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
Community and Environment Department
RCAC’s comprehensive community and environmental services support rural communities to create a vision, set goals and implement an action plan for community development projects. We work with rural water, wastewater and solid waste systems to make them sustainable. We work with the volunteer boards of directors and staff of the small systems to make sure they comply with state and federal regulations and understand the finances and operations of the systems. Outcomes of RCAC’s work include: system regulatory compliance; access of resources for capital improvement projects; and capacity building of boards and staff on technical, financial and managerial best practices.
Position Summary:
The Rural Development Specialist (RDS) provides technical, managerial, and financial (TMF) assistance to small disadvantaged community water and wastewater systems so that they can operate sustainably and deliver quality services to the communities served. The RDS works closely with rural residents and local leaders to assist them in the development and management of water, wastewater, or solid waste systems. The RDS also prepares and delivers classroom and individual trainings as needed to build the capacity of local partners.
Responsibilities:
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation process. Duties and responsibilities include but are not limited to:
• Assess the needs of our local partners and recommend solutions to the needs identified
• Build technical, managerial, and/or financial capacity
• Access financial resources to address local needs
• Implement solutions
• Promote and facilitate partnerships to maximize limited resources
• Develop, prepare, and deliver group and one-on-one trainings
• Provide excellent customer service
• Prepare activity and outcome reports as required
• Perform other duties as assigned
Requirements:
Skills and Qualifications
• Ability to manage technical aspects of field work related to water and/or wastewater
• Facilitation, mediation and meeting management skills
• Familiarity with rural and tribal community dynamics
• Ability to troubleshoot, innovate, and problem-solve
• Proficiency with personal computers including Microsoft Office
• Ability to complete administrative and reporting requirements related to work responsibilities in a timely manner
• Ability to listen effectively and communicate, verbally and in writing
• Ability to work with minimum supervision and handle multiple priorities simultaneously
• Ability to work independently as well as in team environments
Physical Job Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable persons with disabilities to perform the essential functions.
Work performed in an office requires ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)
While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.
The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.
This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.
Preferred Education and Experience:
A combination of experience and education is required to qualify for the position. A typical qualifying combination would be:
Experience:
Three years of applicable experience in water, wastewater, environmental project management, or other closely related field (if a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year). Experience in training, facilitating and mediating community programs/projects is highly desirable.
Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).
Special Requirements:
Possession of a valid drivers' license and proof of insurance that meets the minimum requirements of RCAC corporate liability policy will be required when traveling for business purposes.
Compensation:
$60,000 to $62,400 yearly
How to Apply:
Please visit our website at www.rcac.org/careers to view the full job description, see benefits information, and to apply online.
Background:
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so and visions rural communities can achieve their goals. For nearly 40 years, our dedicated staff and active board have helped effect positive change in rural communities across the West. RCAC’s core values are leadership, collaboration, commitment, quality and integrity.
Grants and Contracts Unit
RCAC’s Grants and Contracts Administration (GCA) unit is part of the Finance Department and provides ongoing grant/contract management support to RCAC program managers. GCA reviews, tracks and analyzes contract deliverables; develops budgets and monitors expenditures; ensures ongoing compliance with grant and contract terms and conditions; and ensures program and financial reports are submitted in a timely manner.
Position Summary:
The Grants and Contracts Program Analyst manages a diverse portfolio of grants and contracts, generally in one of our three service areas: Environmental, Housing or Loan Fund. This position provides analysis and high-level administrative support related to compliance and reporting requirements. The GCA analyst collaborates with project leads, managers, directors and field staff.
Responsibilities:
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Duties and responsibilities include, but are not limited to:
• Serve as the primary GCA point of contact for a portfolio of grants, contracts, sub-grants and sub-contracts
• Provide program support, guidance and coordination to managers, contract leads and others throughout the grant/contract lifecycle
• Review assigned incoming contracts to understand all regulatory requirements, contract terms and conditions, overall contract direction, including deliverables, timeline and budget
• Provide analytical support and assistance with budget preparation and project expenditures
• Identify and track monthly expenses and compare actual expenses against the budget
• Anticipate and identify budget issues and work with project leads to develop solutions
• Track deliverable accomplishment and assist contract leads to prepare internal and external reports
• Manage, maintain and track grants and contracts information and reporting in database(s)
• Train regional managers and staff and provide feedback on database use and report content
• Prepare and submit or generate reports to funders and others upon request
• Assist the Grants & Contracts Manager with internal staff training and training for clients
Requirements:
Physical Job Requirements:
The physical demands described here are representative of those that an employee must meet to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Work performed in an office requires the ability to operate computers and various pieces of office equipment, including the telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day).
While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hands to manipulate; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop; kneel; crouch or crawl.
The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.
Preferred Education and Experience:
A combination of experience and education is required to qualify for the position. A typical qualifying combination would be:
Experience:
Four years of applicable experience in contract analysis, budget analysis and database processing, and a variety of high level administrative duties (education may be substituted for experience). Experience in training adult learners, meeting facilitation and organizational skills is highly desirable.
Education:
Bachelor’s degree—(additional qualifying experience may be substituted for the required education).
Special Requirements:
Possession of a valid drivers' license and proof of insurance that meets the minimum requirements of RCAC corporate liability policy will be required when traveling for business purposes.
Compensation:
$49,920 to $55,920 yearly
How to Apply:
Please visit www.rcac.org/careers to see the full job description, information on our benefits, and apply online.
Background:
Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
- Helping communities create 300,000 homes for individuals and families who did not have one;
- Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
- Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.
Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Budget Reporting and Financial Analyst to join our Finance team.
Position Summary:
Why we need you:
CSH is seeking an enthusiastic, results-oriented individual who has a passion for the CSH mission and possesses the leadership and management skills necessary to advance our work. The successful applicant will experience in non-profit fund accounting, including Federal/State/City and private foundation grant and contract monitoring, as well as funder billings and reporting.
Where you will work:
This job is based in CSH Headquarter Office in New York City.
Responsibilities:
What you will do:
• Work with assigned regions, program units and senior management in developing realistic budgets, tracking expenditures and time charged to ensure compliance with grant and contracting requirements and in alignment with approved budgets.
• Prepare grant reports to donors, manage federal grants, process contract billing and reporting responsibilities, and prepare CTR and SF425 reports.
• On a monthly basis, record the assigned grant and contract-related revenue into the general ledger. Manage unbilled revenue, accounts receivable, and partner with the Accounting Manager to reconcile refundable advance and accounts receivable for assigned projects.
• Conduct monthly closeout procedure for non-renewal of assigned grants and contracts, process journal entries and meet with assigned teams to review Financials. Prepare budget modifications as needed.
• Assist team with preparing required journal entries, analysis and internal and external reports and required schedules for year-end audits, as well as periodically coordinating desk audits for assigned projects and programs.
• Work with CSH’s staff including management and program directors, as well as vendors and service providers, to ensure all finance-related issues are addressed.
• Maintains database for assigned projects and users; provide user support and troubleshooting for the project management system. Trains new users on how to use the CSH systems.
• Perform any other department or agency-related duties or special projects as directed by the supervisor.
Requirements:
How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.
• Minimum requirements of a BA/BS in Accounting, Business Administration or Finance, with emphasis on fund accounting, budgeting and grants or contracts monitoring preferred.
• 2+ years of experience working in accounting, grants or contracts monitoring, billing or budgetary capacity.
• Thorough understanding of non-profit accounting concepts and principles including grants administration, government contract billing and auditing. Federal contract compliance knowledge a plus.
• CSH is committed to equity and requires strong, interpersonal, presentation and written and verbal communication skills with the ability to connect with diverse audiences, specifically racially, ethnically and socially diverse stakeholders.
• Experience incorporating the perspectives of multiple communities, including communities of color, in the consideration of impacts and outcomes of a decision-making process.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities is preferred.
• Demonstrated proficiency in using MS Excel, Word, Access, Power Point, Outlook and accounting software.
• Must possess strong attention to detail and analytical orientation.
• Strong sense of ownership for assigned work functions and ability to work independently and as a team member.
Compensation:
Commensurate with Experience
How to Apply:
Interested in joining our team as a leader in the national supportive housing movement?
To Apply:
Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=98&s...
CSH is proud that it has been and always will be an Equal Opportunity Employer
