Background:
Opportunity Finance Network (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.
Headquartered in Washington, DC, OFN is governed by a 13-member board of directors with an annual operating budget of approximately $10M and a staff of 30. The Financial Services team manages $600M in lending capital.
Position Summary:
The Position
Reporting to the President & CEO, the Chief Lending & Investment Officer (CLIO) has the overall responsibility for the strategy, development, implementation, and risk management of OFN’s financial services. Priorities for the CLIO include: driving growth in CDFI Bond Guarantee Program, CDFI Financing Program and Asset Management business; developing new market opportunities which support OFN’s strategic goals; and growing OFN’s capital under management with new capitalization vehicles and new investors alongside of the President and CEO. A member of OFN’s 8-person Leadership Team, the CLIO is responsible for the overall management of the Financial Services team which includes two direct reports and a total current staff of 8.
Responsibilities:
Core Responsibilities:
- Lead growth opportunities in the CDFI Bond Guarantee Program, CDFI Financing Programs, and Asset Management business with third party investors.
- Research and develop market opportunities for new financing strategies, products, services, and systems to support OFN’s strategic goals, and directly lead or participate in their design and implementation.
- With the President & CEO, grow OFN’s capital under management with new capitalization vehicles and with new investors.
- Oversee senior management in the CDFI Bond Guarantee and CDFI Financing Programs, including new originations, portfolio management, credit policies, and documentation.
- Develop and maintain a thorough understanding of the market forces that influence and impact the opportunity finance industry and OFN’s business and strategic goals, reporting to President & CEO with analysis and recommendation as appropriate.
- Serve as a member of OFN’s Leadership Team and participate in strategic and business planning for OFN.
- Manage, develop, and grow (as appropriate) the Financial Services team to execute on departmental and organizational goals and strategies efficiently and effectively.
Requirements:
Qualifications:
- Bachelor’s Degree or 12+ years of work experience in the financial services field in lieu of a degree; MBA or Master’s Degree preferred.
- Direct lending experience required.
- 12+ years leading and managing a lending or investment team required.
- 7+ years in a supervisory or managerial capacity required.
- Experience in corporate or structured finance preferred with experience in credit risk analysis and management; formal credit training required.
- Strong lending and investment underwriting knowledge, with an understanding of the unique characteristics of the community development finance required.
- Experience in community development as well as lending to financial institutions preferred.
- Ability to manage a division independently under strategic direction as well as the ability to champion new opportunities for growth, develop staff and possess a keen understanding of financial markets and products, with exceptional financial, market, and qualitative analysis skills.
- Excellent writing, verbal, and presentation skills.
- Demonstrated leadership and motivational ability, superior interpersonal skills, ability to manage and work in teams, and interacting constructively with diverse constituents.
- Highly energetic, entrepreneurial thinking, creative problem solver exhibiting sound judgment and deep commitment and passion for OFN’s mission.
- Moderate to heavy travel required (35% of time).
Compensation:
See below.
How to Apply:
Application Process
To apply, e-mail resume, cover letter and salary requirements to: OFN@raffa.com (e-mail applications are required). For other inquiries contact Eve McGowan at emcgowan@raffa.com.
Opportunity Finance Network is an equal opportunity employer and ADA compliant.
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:
Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.
Capital Impact Partners seeks a Loan Officer to strengthen its Loan Origination Group. The Loan Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions.
Position Summary:
Capital Impact Partners seeks a Loan Officer to strengthen its Loan Origination Group. The Loan Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions.
Responsibilities:
Contribute to loan production goals by identifying lending opportunities and originating new loans upon referral from the business development team
Structure loan transactions in compliance with internal credit and program requirements under the supervision of the manager
Prepare and negotiate loan proposals with borrowers and partners (business term sheets and commitment letters) under the supervision of the manager
Manage the loan approval process from deal screening to loan approval
Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context.)
Represent Capital Impact on panels at conferences and manage relationships with partners and borrowers
Work closely with all lending staff to assure excellent customer service
Work with partners on loan participations and program loans
Participate in strategic planning and innovation process
Requirements:
Bachelor’s degree required. Advance degree in business, finance or related field preferred
2-5 years of lending experience
Experience with community development underwriting in any of our key sectors of healthcare, education, healthy foods, affordable housing, and the ability to age with dignity
Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institution (CDFIs) 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 senior facilities, educational facilities, federally-qualified health centers and affordable housing; and/or experience in commercial real estate or grocery lending is a plus
Strong analytical and communication skills
Candidates must have sufficient credit skills to conduct risk assessment and manage a portfolio
Proficiency with Microsoft Office (particularly Word, Excel, and Power Point), Adobe Acrobat, Moody’s Analytics/Lending Cloud and Salesforce
Ability to travel up to 20% of the time
Compensation:
75,000.00 - 90,000.00
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
The Providence Revolving Fund is a community-based, non-profit, development and lending corporation which was established in 1980. The Revolving Fund's resources are targeted to historic properties and primarily serve low-to-moderate income families residing in the city of Providence. Over the course of 38 years, PRF has made $28,807,221 in loans to 443 properties and has also developed 63 abandoned properties for sale to first-time homeowners. The Providence Revolving Fund is governed by a thirteen-member board, with expertise in banking, real estate development, law, historic preservation, architecture, and social services.
Position Summary:
The Loan Program Coordinator is responsible for loan document and file management, data entry, customer service, loan servicing, report generation, and administrative functions in support of professional staff and programs. To fulfill these duties, the desired candidate will perform tasks in an accurate and timely manner and provide regular reports and data to ensure staff and management have information needed to make decisions. The Lending & Programs Coordinator reports to the Executive Director, and works closely with other Providence Revolving Fund staff. The ideal candidate will have an interest and/or experience in the field of historic preservation. This position has great growth potential for a motivated employee.
Responsibilities:
Loan Processing
• Gather applications and required documentation from borrowers, including verification of all loan information, for review and approval by the Executive Director or designated Credit Officer
• Prepare funding documents for approved loans
• Provide customer service to borrowers
• Organize paper files according to checklist and retain originals according to PRF policies and procedures
• Conduct quality audit of each loan file for completeness and accuracy
• Maintain loan filing system (both electronic and paper files) in accordance with PRF record retention policies and procedures
• Maintain compliance with all lending procedures & recommend updates to procedures as needed improve efficiency and conform to any new lending policies
Loan Administration and Servicing
• Enter final loan data in loan servicing software (Servicer 3D) following closing for all new loans
• Responsible for servicing of loans, including loan payment processing and administration, monthly reporting, yearly analysis and 1098 reporting
• Provide loan pay-off documentation
• Communicate with customers regarding all aspects of the loan
• Engage with customers on loss mitigation options
• Compliance with industry regulations and guidelines (TRID)
• Prepare construction payout documentation in consultation with the project management team.
General Office Administrative Support
• Perform general reception duties include greeting visitors and answering the main office phone line, researching caller questions, and making appropriate referrals to internal staff or external parties
• Provide back-up as directed/needed for Administrative Assistant
• Prepare Fee for Service Contracts in consultation with the Project Management Team
• Perform other administrative duties as assigned including preparing letters, memos, emails, and correspondence, and assisting with board meeting preparation
Other duties as assigned.
Requirements:
• Associate’s Degree or equivalent combination of education and experience in loan administration and/or office and business management
• Interest or experience in historic preservation
• Working knowledge of loan documentation terminology and methodology.
• Knowledge and proficiency working with MS Office Applications
• Excellent oral communication & writing skills.
• Knowledge of Quickbooks and Server 3D (preferable)
• Self-starter who can work independently and in collaborative team environment.
Compensation:
Salary will be based on applicable experience.
Providence Revolving Fund offers a competitive benefits package
How to Apply:
Interested and qualified candidates should submit a cover letter with resume to Carrie Zaslow, Executive Director zaslow@revolvingfund.org No faxes or phone calls please.
Background:
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization 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.
Position Summary:
The Program Coordinator will assist in the administrative implementation of RCAC’s Housing Counseling programs, which provide funding, training and technical assistance to nonprofit organizations, public entities, and RCAC 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:
• Perform all contract management functions necessary to ensure that the pass-through funding to subgrantees meets all program, contract and budgetary requirements
• Coordinate the logistics, schedules, scholarships, trainers, evaluations and other details for the training calendar
• Assist the Program Manager and the GCA Manager to develop funding strategies through initiating contacts and identifying opportunities
• Coordinate, write, develop and submit small proposals to funders
• Remain current on applicable government regulations and policies
• Prepare written reports and documentation of activities as needed
• Perform other duties as assigned
Requirements:
Skills and Qualifications
• Ability to work independently and in a team environment
• Proficiency with personal computers including Microsoft Office Suite (including extensive knowledge of Excel)
• Ability to follow detailed instructions
• Able to complete administrative requirements related to work responsibilities such as recording work completed in databases, evaluating and documenting tasks
• Ability to listen effectively and communicate verbally and in writing (including proofreading and editing documents)
• Ability to work with minimum supervision and effectively prioritize multiple tasks simultaneously
• Demonstrate a high level of customer service skills
• Ability to perform research and analysis
• Ability to use initiative to approach troubleshooting and problem-solving alternatives
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 necessary to qualify for the position. A typical qualifying combination may include:
Experience:
Five (5) years of experience in organizational management.
Preferred Education:
Bachelor's degree (additional qualifying experience may be substituted).
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:
$54,012 to $60,000 yearly
How to Apply:
Please visit our website at www.rcac.org/careers to view the full job description and to apply online.
Background:
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization 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.
Position Summary:
Provide general and specific ongoing contract and program support to RCAC’s Grants and Contracts Administration (GCA) and management team. Review and track program deliverables and required program reports.
Major responsibilities include, but are not limited to: assist contract leads and GCA staff with data collection and reporting processes; process incoming contracts according to company policy; oversee and maintain current auditable program files and archive; ensure timely delivery of monthly and quarterly reports; coordinate report and contract related issues with field staff and subcontractors; assist with management of program reporting databases; and assist GCA staff with small budget development, invoice documentation and procurement processes.
Responsibilities:
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Examples of responsibilities and duties may include, but are not limited to the following:
• Attend coordination meetings, participate on contract teams, report on contract activities
• Track contract data, prepare reports, provide data to GCA lead
• Assist in routine maintenance of data stored in Unanet, RCAC’s project management system
• Serve as liaison between contract leads and GCA on program data and information needed for reporting and invoicing purposes
• Maintain and oversee current auditable contract files, processes and other contract-related documentation using paper copies, electronic files and electronic database records
• Work and coordinate with field staff members and/or subcontractors to ensure timely delivery of monthly and quarterly report information to be provided to program funding source
• Conduct analysis of staff entries into reporting databases to ensure that high quality information is being forwarded to program funders
• Assist contract leads with reports and data collection
• Collect and file reporting materials and backup documentation
• Provide administrative support to RCAC’s Procurement and Subaward Committee
• Assist in processing, mailing and tracking subcontracts
• Assist GCA staff with compiling and summarizing budgets and providing other contract-related information to contract leads for appropriate implementation
• Other duties as assigned
Requirements:
Minimum Qualifications
• Knowledge of database concepts and common data processing issues
• Knowledge of MS Office Suite (including Excel, Access and presentation programs)
• Able to effectively listen and communicate both verbally and in writing
• Ability to proofread and edit documents
• Desire to be a team player and provide excellent customer service to internal and external clients
• Ability to plan strategically, organize and prioritize work to meet established timelines
• Ability to use initiative to approach troubleshooting and problem-solving alternatives
• Ability to work with minimum supervision and effectively prioritize multiple tasks simultaneously
• Knowledge of project management and budgeting
• Ability to follow detailed instructions
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 may also requires moderate (up to 5 days per quarter) automobile and airline travel, including overnight travel.
Preferred Education and Experience:
A combination of experience and/or education is preferred to qualify for the position. A typical combination may include:
Experience:
Three (3) years of applicable experience in office administration and/or database processing, and a variety of related duties (education may be substituted for experience).
Preferred Education:
Associate’s degree (additional qualifying experience may be substituted).
Special Requirements:
Possession of a valid driver’s license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy will be required when traveling for business purposes.
Compensation:
$20.06 to $22.00 hourly
How to Apply:
Please visit our website at www.rcac.org/careers to view the full job description and apply online.
Background:
Founded in 1978, Rural Community Assistance Corporation (RCAC) is a 501(c)(3) nonprofit organization that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals. For more than 40 years, our dedicated staff and active board, coupled with our key values: leadership, collaboration, commitment, quality and integrity, have helped effect positive change in rural communities across the West.
Position Summary:
Prepare and revise corporate budget and reports; coordinate treasury functions; support the Chief Financial Officer (CFO) with grant and contract management; participate in Senior Leadership Team (SLT); manage investment portfolio; review financial contract and grant requirements; manage Finance department’s tasks, products, staff and resources; coordinate corporate and funder audits; participate in review of fiscal systems of network agencies.
Responsibilities:
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. General responsibilities and duties include, but are not limited to the following:
• Prepare and revise corporate budgets and reports
• Perform ongoing review of monthly corporate financial reports
• Monitor revenue and expenditures for each department and compare with projections
• Prepare reports for and facilitate monthly budget meetings
• Analyze monthly allocation of shared expenses
• Function as the primary relationship manager with all RCAC banking and investment management companies
• Support the CFO with management and compliance issues involved with federal and state grants and contracts
• Participate in Senior Leadership Team meetings and assist CFO with presentation of financial reports
• Work with RCAC’s investment managers to invest idle funds to maximize returns
• Coordinate with loan servicing staff for cash flow needs
• Compile proposal budgets
• Prepare and send quarterly and annual corporate and funding sources budgets and reports
• Maintain contract and grant binders of all funding sources
• Manage and train accounting staff
• Organize and conduct accounting strategic planning activities that reflect the department and RCAC mission, goals, and priorities
• Organize, lead and participate in team group meetings
• Facilitate year-end and program specific audit work with auditors
• Perform internal audits of accounts and cost centers as necessary
• Participate in review of network agencies’ fiscal system
• Stay current on new FASB, GAAP, and OMB pronouncements
• Examine entries to journals and ledgers for accuracy and compliance with new regulations
• Other duties as assigned
Requirements:
Minimum Qualifications
A combination of experience and education is necessary to qualify for the position. A typical qualifying combination include:
Experience:
• Six (6) years of supervision experience
• Six (6) years of applicable experience in accounting including comprehensive nonprofit organization accounting
• Six (6) years of applicable experience in financial analysis. Nonprofit and small business analysis experience is preferred
• Treasury management experience
• Government grants and contracts experience
Education/Professional Qualifications:
• Bachelor’s Degree in Business Management or Accounting
• CPA certification OR some public accounting experience OR passing the CPA exam a plus
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 individuals 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.
Special Requirements:
Possession of valid driver’s license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy may be required when traveling for business purposes.
Compensation:
$95,000 to $105,000 yearly
How to Apply:
Please visit our website at www.rcac.org/careers to view the full job description or complete the online application.
Background:
Montgomery Housing Partnership, Inc. (MHP) is an active and growing nonprofit organization, founded in 1989, that develops, acquires, rehabilitates, and builds quality apartment homes to meet Montgomery County’s growing need for affordable housing. MHP’s community-based projects and programs includes providing affordable rents, developing educational programs for residents to develop skills that expand their opportunities and balance their lives, and implementing neighborhood revitalization efforts in troubled communities impacted by foreclosures and economic downturn.
Position Summary:
The Grants Manager works with the Director of Advancement to research, prioritize, draft, and apply for grants from a wide range of governmental agencies, foundations, corporations, and other institutions.
Responsibilities:
Primary responsibilities include:
1. Researches governmental, foundation, corporate, and other institutional giving for program funding areas and grant opportunities aligned with MHP’s mission and work.
2. Provides timely advice and information to MHP management team on new and ongoing funding opportunities. Collaborates with the team in defining and implementing project funding strategies.
3. Prepares all components of grant applications. As needed for large submissions, coordinates the efforts of a multi-departmental team to develop the grant applications.
4. Works closely with MHP finance director to develop grant project budgets and grant disbursements (when required).
5. Ensures that all grant agreements are reviewed by appropriate staff and signed by MHP leadership. Coordinates with project lead(s) and finance director to make sure that processes are in place to implement the grant.
6. Tracks submissions and grant awards; manages a grants database which includes a reporting reminder system.
7. Works with project leads to prepare reports as required by granting agencies.
8. Liaisons as needed between local and regional funding agencies and groups; participates in meetings and discussions regarding awards and donations.
9. Works with appropriate MHP staff to summarize data demonstrating need for a program and impact of the program, to include in grant proposals.
10. Works with Communications & Volunteer Manager on required funder recognition (as outlined in grant agreements), messaging and donor engagement opportunities, as appropriate.
Requirements:
Bachelor’s degree in English or related field. Minimum of 3 years of related experience, with at least 1 year of grant writing experience; or equivalent combination of education and experience which provides the skills, knowledge, and abilities to perform assigned tasks. Familiarity with fundraising software, preferably eTapestry. Experience working with non-profits is preferred. Excellent writing, research, analytical, and organizational skills. Ability to communicate clearly and effectively. Proficient with MS Office software, and internet proficiency to research grant and major donor opportunities. Ability to multi-task on numerous projects, large and small, in both collaborative and independent situations, and work under pressure to meet deadlines for grant opportunities. Excellent interpersonal skills and the ability to work effectively with people at all levels and positions.
Compensation:
Salary will be based on applicable experience.
MHP offers a competitive benefits package including healthcare benefits, flexible spending accounts, 403(b) retirement matches, and generous paid time off.
How to Apply:
To apply, please submit your cover letter and resume, with salary requirements, to: mthomas@raffa.com. Please include the job title “Grants Manager” in the subject line of your email.
Background:
Montgomery Housing Partnership, Inc. (MHP) is an active and growing nonprofit organization, founded in 1989, that develops, acquires, rehabilitates, and builds quality apartment homes to meet Montgomery County’s growing need for affordable housing. MHP’s community-based projects and programs includes providing affordable rents, developing educational programs for residents to develop skills that expand their opportunities and balance their lives, and implementing neighborhood revitalization efforts in troubled communities impacted by foreclosures and economic downturn.
Position Summary:
The Grants Manager works with the Director of Advancement to research, prioritize, draft, and apply for grants from a wide range of governmental agencies, foundations, corporations, and other institutions.
Responsibilities:
Primary responsibilities include:
Researches governmental, foundation, corporate, and other institutional giving for program funding areas and grant opportunities aligned with MHP’s mission and work.
Provides timely advice and information to MHP management team on new and ongoing funding opportunities. Collaborates with the team in defining and implementing project funding strategies.
Prepares all components of grant applications. As needed for large submissions, coordinates the efforts of a multi-departmental team to develop the grant applications.
Works closely with MHP finance director to develop grant project budgets and grant disbursements (when required).
Ensures that all grant agreements are reviewed by appropriate staff and signed by MHP leadership. Coordinates with project lead(s) and finance director to make sure that processes are in place to implement the grant.
Tracks submissions and grant awards; manages a grants database which includes a reporting reminder system.
Works with project leads to prepare reports as required by granting agencies.
Liaisons as needed between local and regional funding agencies and groups; participates in meetings and discussions regarding awards and donations.
Works with appropriate MHP staff to summarize data demonstrating need for a program and impact of the program, to include in grant proposals.
Works with Communications & Volunteer Manager on required funder recognition (as outlined in grant agreements), messaging and donor engagement opportunities, as appropriate.
Requirements:
Bachelor’s degree in English or related field. Minimum of 3 years of related experience, with at least 1 year of grant writing experience; or equivalent combination of education and experience which provides the skills, knowledge, and abilities to perform assigned tasks. Familiarity with fundraising software, preferably eTapestry. Experience working with non-profits is preferred. Excellent writing, research, analytical, and organizational skills. Ability to communicate clearly and effectively. Proficient with MS Office software, and internet proficiency to research grant and major donor opportunities. Ability to multi-task on numerous projects, large and small, in both collaborative and independent situations, and work under pressure to meet deadlines for grant opportunities. Excellent interpersonal skills and the ability to work effectively with people at all levels and positions.
Compensation:
Salary will be based on applicable experience.
MHP offers a competitive benefits package including healthcare benefits, flexible spending accounts, 403(b) retirement matches, and generous paid time off.
How to Apply:
To apply, please submit your cover letter and resume, with salary requirements, to: mthomas@raffa.com. Please include the job title “Grants Manager” in the subject line of your email.
Background:
Carolina Small Business Development Fund (CSBDF) is a statewide nonprofit Community Development Financial Institution (CDFI), which provides small business loans and financial training to start-ups and existing businesses along with policy research that supports small businesses. Since 1990, CSBDF has offered services to create economic opportunities for small businesses and their entrepreneurs throughout North Carolina. CSBDF’s primary activities include small business lending, business services, expanded outreach programs including the Innovation and Entrepreneurship Center (IEC) in partnership with Shaw University, and policy research. Since starting its small business revolving loan fund in 2010, CSBDF has deployed more than $55.2 million over 673 loans helping to create or retain more than 2,309 verified jobs. CSBDF remains at the forefront of small business economic development and growth by strategically responding to the needs of underserved small businesses throughout North Carolina.
Position Summary:
Manage the implementation of all aspects of the risk function, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report risks. Oversees Carolina Small Business Development Fund’s (CSBDF) loan collection efforts and problem loan management to ensure portfolio performance meets loan quality standards. Ensures all company functions and business units and related activities comply with CSBDF policies, procedures, program requirements and applicable government regulations. Reviews and assesses the effectiveness of each business unit and function in helping achieve organizational goals. Analyzes the adequacy of organization’s loan loss reserves and recommends minimum loan loss reserve levels. Serves as lead project manager for company new lending initiatives. Performs related work as assigned.
Responsibilities:
• Oversee CSBDF’s loan collection efforts and problem loan management to ensure portfolio performance meets loan quality standards; approve all workout strategies on non-performing loans.
• Assess risk, structure and prepare loan modifications for troubled loans.
• Regularly review and assess the lending activities and loan portfolio performance to identify trends.
• Supervise the Recovery and Collections Officer’s recovery and collection activities.
• Analyze the adequacy of organization’s loan loss reserves and recommend minimum loan loss reserve levels.
• Ensure loan loss reserves are maintained in accordance with all program, lender, or funder requirements.
• Assist management in the development of risk measures and limits for the various business lines and monitoring their performance relative to risk-taking and limit adherence.
• Independently opines on strategy and performance of all risk-taking activities. Establishes enterprise risk limits; individual loan approval authorities, individual loan portfolio size, industry concentrations, and geographic concentrations.
• Ensures corporate functions and businesses soundly manage risk and comply with applicable laws and regulations.
• Takes appropriate action when risk is not being well-managed or exceeds the risk tolerance of the company. Supports growing businesses in order to develop the appropriate infrastructure to manage the risk of their growth.
• Responsibilities also include managing and participating in key decision-making processes (e.g., strategic planning, capital and liquidity planning, new products and services, design and operation).
• Review and approve all exceptions to loan policy.
• Serve as member of CSBDF’s Credit Committee.
• Regularly review organization’s compliance with reporting requirements of the SBA, USDA, CDFI Fund and other programs, lenders, and funders.
• Develop and implement portfolio management reports showing lending activities and loan portfolio performance.
Requirements:
Bachelor’s degree in Business Administration, Finance, Economics or a related field, AND seven (7) to ten (10) or more years of small business lending experience that includes loan origination, loan and portfolio analysis, loan underwriting, operations and collections; and/or an equivalent combination of training and experience. Possession of a Master’s degree in finance, Business Administration or a related field is preferred.
Willingness and ability to travel within service area to visit applicants, referral partners, and borrowers.
Possession of a valid North Carolina driver’s license.
Compensation:
Competitive Salary
How to Apply:
Submit resume to hr@carolinasmallbusiness.org
