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  • Make an impact and join the opportunity finance field.

The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.org. Submissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Associate, Development Opportunity Finance Network (OFN)
Washington, DC
Job Function: Business Development
Posted: August 14, 2019

Background:

Opportunity Finance Network (OFN) is a leading national network of CDFIs (community development financial institutions) headquartered in Washington D.C. In pursuit of our mission to align capital with social, economic, and political justice, OFN supports its 270+ member CDFIs with money, strength, and voice to drive transformational change in underserved rural, urban, and Native communities nationwide. 

OFN builds the strength of its membership and other CDFIs through financial products and services, events, training, research, policy advocacy, and visibility. CDFIs deliver responsible, affordable finance to markets that mainstream banks do not serve.

To learn more, visit www.ofn.org

Position Summary:

The Associate, Development works in close collaboration with the Development Team and with other OFN staff to support and leverage strong relationships with new and existing philanthropic, bank and corporate funders and impact investors.

Responsibilities:

  • Support Development team in grant proposal development and submissions process.

  • Produce quality written assignments that culminate in concept papers, funding proposals, and other communication to funders/investors. 

  • Prepare and organize materials for grant proposals; submit and monitor grant applications.  

  • Execute and coordinate related department external correspondence and ensure acknowledgment of funders/investors in OFN’s external communications

  • Support grant compliance including coordination of funder and investor reporting, tracking deliverables and monitoring grant budgets with high standards of effectiveness, timeliness, and completeness. 

  • Manage the timely completion and submission of all funder and investor reports.

  • Monitor and maintain the funder and investor reporting schedules and requirements, including records on enterprise-wide CRM (Salesforce) platform.

  • Draft compelling progress and final reports to funders that fully capture programmatic success, collaborating with OFN staff across business lines.

  • Participate in and assist in coordinating meetings and conference calls with funders/investors.

  • Collaborate with the SVP, Development to coordinate the systems, data, and research that drive funder/investor relationship planning and execution, including contact information, communications logs, pipeline, etc. using Salesforce.

  • Contribute to the team’s planning and strategy development with quality research and analysis from external and internal sources to provide synthesized, thoughtful research that feeds funder prospecting and concept papers.

  • Support OFN’s sponsorship activities, assisting in the relationship management and logistical planning for the OFN Conference and other sector events as assigned. 

Requirements:

  • Bachelor’s degree or 5-7 years work experience in lieu of a degree; graduate degree a plus

  • 1-3 years experience in fundraising, grant writing, and/or grants management required 

  • Demonstrated formal writing experience required; preferably analytical or persuasive in nature.

  • Experience working with CRM databases is highly beneficial; experience with Salesforce a plus

  • A strong passion for, understanding of, and commitment to OFN’s mission, vision and values. Familiarity with the CDFI industry strongly preferred where one can be a fearless advocate, who is confident and resilient in OFN’s fight to drive capital into low-income communities.

  • Excellent customer service, collaboration, and relationship management skills, with internal and external partners. Ability to collaborate with other teams within OFN.

  • Must possess strong analytical and persuasive writing skills as well as superior editing skills, including ability to convey complex information in a clear manner to diverse audiences with a high attention to detail required.

  • Self-motivated with the ability to set priorities and manage multiple tasks, projects, and deadlines concurrently, and at times, under pressure without sacrificing quality. Must be able to work under minimal supervision in an effective and efficient manner in a fluid environment.

  • Smart, quick seeker of knowledge with the ability to think strategically, creatively, and tactically to analyze results and serve as an adaptable problem-solver.

  • Strong work ethic, a high level of integrity, ability to exercise strict confidentiality in all work, and a commitment to organizational success. 

  • Advanced skills in Microsoft Office (specifically Word, Excel and PowerPoint)

  • Moderate travel required (<15% of time). 

  • Job involves normal physical requirements for an office position.

Compensation:

Commesurate with experience.

How to Apply:

  

Online Community Coordinator Opportunity Finance Network (OFN)
Washington, DC
Job Function: Community Outreach
Posted: July 18, 2019

Background:

pportunity Finance Network (OFN) is a leading national network of CDFIs (community development financial institutions) headquartered in Washington D.C. In pursuit of our mission to align capital with social, economic, and political justice, OFN supports its 270+ member CDFIs with money, strength, and voice to drive transformational change in underserved rural, urban, and Native communities nationwide. 

OFN builds the strength of its membership and other CDFIs through financial products and services, events, training, research, policy advocacy, and visibility. CDFIs deliver responsible, affordable finance to markets that mainstream banks do not serve

Position Summary:

The Online Community Coordinator will drive the adoption and engagement in OFN’s online community – CDFI Connect.  Our ideal candidate will be a relationship builder, have familiarity with the CDFI industry, understand the potential of a robust online community, and able to develop engaging content and build relationships with OFN members. 

Responsibilities:

  • Drive adoption and engagement in OFN’s online community – CDFI Connect-- coordinating with managers and stakeholders across the organization to ensure its effectiveness and providing superior quality of customer service and support to members.
  • Oversee all technical aspects of the online community, including working with vendor (Higher Logic) to address, resolve, and communicate issues related to the features and functionality of the platform.
  • Develop community-wide communications and engagement strategy and content programming plan. 
  • Engage with the CDFI Connect community by programming posts that will drive conversation, connect members with shared interests, identify and recognize top contributors. 
  • Ensure that the user experience on CDFI Connect is simple, clear, and engaging.
  • Work closely with colleagues in program management business lines to develop tactical plans to build and support community among their constituents. 
  • Monitor discussions, resource postings, and trends within CDFI Connect. 
  • Identify and report trends in usage and advise on potential opportunities.
  • Create, develop, and maintain community training resources, guidelines and policies.
  • Train OFN staff on how to participate and engage in the community.
  • Grow the size and impact of CDFI Connect.

Requirements:

  • Bachelor’s degree. In lieu of a Bachelor’s degree, 5-7 years of direct professional communications experience. 
  • 3-5 years of professional communications experience preferably within a national membership association or developing and growing large-scale online communities.
  • Experience working with digital platforms and website content management systems.  
  • Experience working with professional social media, email marketing and management software experience.  
  • Exceptional communication skills in public and private settings both in presentation and written formats.  
  • Ability to think strategically, creatively, and tactically to analyze results and assist in implementing plans.
  • Good interpersonal skills and ability to collaborate across all levels and departments of the organization. 
  • Ability to assist with online publishing and ability to assist senior staff with adapting content for social media, blog posts, and forums as well as a diverse audience.
  • Strong project planning skills, keen attention to details, and ability to manage multiple projects with ease.
  • Ability to set priorities and follow through on challenging situations with a supervisor, and effectively manage time under moderate supervision.
  • A strong appreciation for, understanding of, and commitment to OFN’s mission, vision and values. Familiarity with the CDFI industry strongly preferred.
  • Light to moderate travel required (5-15% of time).
  • No extraordinary physical requirements beyond ability to travel.
  • Knowledge of Higher Logic community platform a plus.

 

Compensation:

Commensurate with experience.

How to Apply:
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Investment Associate, Business Development Opportunity Finance Network (OFN)
Washington, DC
Job Function: Business Development
Posted: June 20, 2019

Background:

Opportunity Finance Network (OFN) is a leading national network of CDFIs (community development financial institutions) headquartered in 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:

Reporting to the Chief Lending and Investment Officer (CLIO), the Investment Associate position provides project level support for the design and development of capital strategies and products. The Investment Associate leads or supports interdepartmental projects utilizing a collaborate design approach that leverages the organization’s full capacity. The position supports the outreach and development of relationships with OFN’s CDFI members, allies and investors in OFN. As a member of the Financial Services team, the Investment Associate also maintains underwriting and portfolio management responsibilities.

Responsibilities:

  • Lead cross-departmental customer focused design processes to develop effective new products and programs that increase CDFIs’ financing and development services both nationally and in target markets. Coordinate across departments; engage end-users and other key stakeholders.

  • Document and synthesize research outcomes to develop recommendations for financial product or service offerings. Work with the Knowledge Sharing team to determine if there are training or technical assistance opportunities that arise from the recommendations. Work with CLIO and Senior Vice President of Financial Services to integrate these recommendations into Financial Services Business strategy.

  • Assist CLIO and the Treasurer to determine key investor OFN Investment targets.

  • Prepare and review materials used for investor outreach including financial models, investment proposal memoranda, management presentations and investor presentation materials.

  • Develop relationships with new and existing CDFIs to identify new trends and sector opportunities.

  • Prepare and present credit and financial risk analyses reports to OFN senior leadership and respective investment committees.

  • Analyze CDFIs’ financial statements, loan portfolios, lending and investment policies and procedures, and strategies to determine the degree of risk involved in extending credit, as well as recommend risk mitigation strategies.  

Requirements:

  • Bachelor’s Degree or 7-10 years of direct work experience in lieu of degree.

  • 3-5 years professional experience in financial services, strategic consulting or community development finance preferred, including experience in financial advisory, investment management or product development.

  • Ability to distill problems/opportunities into understandable actionable strategies.

  • Demonstrated experience writing and presenting detailed investment recommendations with emphasis on clarity, conciseness, and relevance.

  • Solid understanding of accounting principles with ability to apply knowledge to assessing risk and performing financial underwriting.

  • Demonstrated leadership ability with superior interpersonal skills and ability to work well with diverse constituents.

  • Superior organizational skills and ability to manage multiple tasks effectively and efficiently under minimal supervision as well as ability to set priorities and meet deadlines under pressure without sacrificing quality.

  • Advanced knowledge of MS Excel and financial modeling skills.

  • Commitment to community and economic development.

  • Ability to work both independently and collaboratively with teams across OFN.

  • Some travel required (25% of time).

Compensation:

Commesurate with experience.

How to Apply:

To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF154

Program Officer, Financial Services Opportunity Finance Network (OFN)
Washington, DC
Job Function: Financial Services
Posted: June 12, 2019

Background:

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

Position Summary:

The Program Officer, with support from senior Financial Services staff, coordinates the servicing and administration of the Bond Guarantee Program at OFN.  Primary job responsibilities entail relationship management with both the borrowers and the CDFI Fund Bond Guarantee Program staff, borrower credit reviews, supervising timely delivery of borrower reporting, loan covenant compliance, and other operational and administrative duties. The position is responsible for coordinating timely delivery of borrower responses, reviewing and editing loan requests, reviewing and editing borrower reports, Other duties include analytical support of loan underwritings, performing annual borrower reviews, and financial statement analysis.

Responsibilities:

  • Coordinate the CDFI Bond application process including supervising the timely and accurate delivery of borrower reporting requirements and loan requests.
  • Review and edit borrower loan requests to adhere to specific framework; work with financial services staff to troubleshoot issues.
  • Coordinate loan covenant compliance, including supervising financial statement collection, verifying compliance with loan agreement, and coordinating resolution of any covenant violations.
  • Spread borrowers’ financial statements into template and complete accuracy checks.  
  • Analyze and prepare annual loan portfolio reviews of Bond Guarantee Program borrowers.
  • Oversee third-party annual credit reviews of borrowers.
  • Coordinate ongoing compliance reporting, including monthly secondary loan reviews, quarterly financial statements and compliance checks, annual compliance submissions, and other intermittent reporting requirements. 
  • Manage the timely processing of intermittent requisition packages from borrowers. 
  • Draft and update written procedures for program administration. 
  • Oversee maintenance of accurate, complete and up-to-date data files and records 
  • Provide quality customer service at all points of contact with OFN borrowers and prospects as well as answer questions and advise customers regarding loans and transactions with OFN borrowers and prospects.

Requirements:

  • Bachelor’s Degree or 5-7 years of work experience in lieu of a degree
  • 1-3 years of experience working with Federal, state or municipal government programs, in delivering government contracted non-profit programs, or consulting organizations participating in government sponsored type of programs required.
  • 1-3 years of experience in financial statement analysis highly desirable
  • Excellent written and verbal communication skills required with emphasis on clarity, conciseness and relevance 
  • Excellent interpersonal skills and ability to work constructively with diverse constituents is required
  • Ability to assist multiple parties through complex reporting requirements
  • Ability to analyze non-profit financial institutions’ financial statements required
  • Strong organizational skills and ability to manage multiple tasks under moderate supervision in and effective and efficient manner required
  • Ability to work independently or in team environment as required
  • Experience or knowledge of the CDFI Industry a plus
  • Experience or volunteer work in nonprofit or small office environment a plus 
  • Job involves normal physical requirements for an office position.  
  • Some travel required (15% of time)

Compensation:

Commensurate with experience.

 

How to Apply:

Interested Candidates Apply: https://theapplicantmanager.com/jobs?pos=OF153 

Executive Director-Southern Region IFF
St. Louis , MO
Job Function: Other
Posted: August 22, 2019

Background:

IFF improves the world by strengthening nonprofits and the communities they serve. As a mission-driven lender, real estate consultant, and developer, IFF helps communities thrive by creating opportunities for low-income communities and persons with disabilities. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Across the Midwest, we help clients from every sector, including human service agencies, health centers, schools, affordable housing developers, and grocery stores. Staff contributes its extensive business experience with an unrivaled connection to the mission of IFF and the nonprofit clients it serves.

IFF is looking for candidates with a commitment to the work it does and can demonstrate their creativity, detail-orientation, diligence, efficiency, enthusiasm, flexibility, organization, thoughtfulness, and sense of humor.

Our staff of nearly 110 professionals works from our home Chicago headquarters, and we also serve the Midwest from six regional offices: Columbus, OH; Detroit, MI; Indianapolis, IN; Kansas City, MO; Milwaukee, WI; and St. Louis, MO.

Position Summary:

Provides broad executive level oversight, leadership and management for IFF Southern Region (comprised of Missouri, Central and Southern Illinois, and Kansas activities) lending, real estate consulting and development activities. Manages IFF’s St. Louis and Kansas City offices and oversees the development of Southern Region annual plans and works in collaboration with Core Business Solutions and the Social Impact Accelerator Group to implement. Continually evaluates and documents the impact of the plan for communication to others.

Primary spokesperson for IFF in Southern Region communities. Develops and maintains visibility and relationships with nonprofits and relevant government, association networks, and others to promote IFF. Identifies opportunities to raise capital in coordination with the Management Team. Screens and prepares projects for alignment with IFF and department goals; continually documents the impact of the program for communication to others; and works with IFF departments to coordinate all work to better serve the needs of the target market.

Responsibilities:

*Primary relationship builder with the nonprofit, philanthropic, governmental and civic communities in the Southern Region with the primary purpose of leading business development efforts in the region. Develops relationships with the nonprofit sector broadly to build loan and real estate consulting business and help identify development opportunities.

*Continuously conducts outreach to the nonprofit, philanthropic, governmental and civic sectors to understand nonprofit and community needs and present IFF. Develops working relationships throughout the sectors.

*Through relationship building and research, understands opportunities for IFF products, services, and research to meet nonprofit and community needs. Works with the various sectors to develop programmatic responses to assist nonprofits and communities needs using IFF products, services, and research.

*Works with IFF Social Impact Accelerator Group to respond and evaluate community facility development needs in the region.

*Manages the development of Southern Region Annual Plans and works with Core Business Solutions and IFF Social Impact Accelerator Group to develop lending, RES, Vital Services, place-based, and marketing and business development strategies and establish and meet goals for Southern Region and implement plans. Works with Senior Management Team to trouble shoot local challenges.

*Provides recommendations on new and improved lending programs, policies and procedures; marketing materials; application forms; tracking procedures; and general communications.

*In collaboration with Managing Director, Regional RES and the Social Impact Accelerator Group, identifies strategic opportunities for RES and development across Southern Region.

*Represents Southern Region as part of IFF Senior Management team.

*Coordinates with and supports VPs of Resource Development and Corporate Communications and Public Policy around issues affecting the Southern Region.

*Supports IFF capital development activities in Southern Region.

*Works with CEO, CFO, and Presidents to establish plan for Southern Region fund and debt raising and set goals. Contributes quantitative and written materials for capital raising applications.

*Meets with IFF investors and funders as appropriate; helps identify potential new investors and funders.

*Works with CEO to identify members for the St. Louis and Kansas City Region Local Market Advisory Committees and acts as senior staff for the Committees.

*Directly responsible for managing the Southern Region Office including supervision of staff, developing and administering the Southern Region budget, and reporting Southern Region sales, business development and lending activities to the Chicago Office.

*Maintains required job knowledge and skills and core professional competencies. Attends and participates in required educational programs and staff meetings.

*Performs other duties as assigned.

Performance Measures:

*Achievement of lending and RES goals in Southern Region.

*High level of customer satisfaction with IFF products and services.

*Leadership in establishing IFF as a full partner to the nonprofit sector.

*Recommends solutions to identify issues and problems relating to Capital Solutions, RES and Community Strategies program implementation and role of IFF throughout Southern Region.

*Full participation and cooperation with Public Policy and Research and Evaluation divisions to support implementation of IFF work in Southern Region.

*Full participation and cooperation with Business Development staff and implementation of Business Development/Loan shared procedures.

*Full participation and cooperation with Resource Development staff and implementation of Resource Development plan.

*Cultivates a culture of openness in information sharing. Encourages open communication, cooperation, and the sharing of knowledge.

*Models personal accountability that promotes ownership and engagement.

*Builds and maintains effective working relationships with colleagues, peers and team members.

*Values and supports differences in others, contributing to an inclusive work environment. Demonstrates the ability and willingness to communicate effectively with people of diverse backgrounds and experiences to create a collaborative, collegial, and caring community.

*High level of satisfaction with both internal colleagues and external contacts.

Requirements:

Education: Bachelor’s degree required. MBA or MA strongly preferred, preferably in business, accounting, finance, or community development.

Previous Experience: Minimum of ten years experience in banking, mortgage lending, real estate and community development, or nonprofit management required with a track record of growth and increasing responsibility. Experience in marketing community development or financial programs required. Demonstrated competence in commercial lending terminology and project analysis, and lending policies and procedures. Minimum three years in recruiting, training, and managing staff. Extensive knowledge of Southern region is highly preferred.

Special Knowledge & Skills: Management expertise and familiarity with performance-based management. Mastery of community development principles and real estate finance and development. Understanding of nonprofit financial statements. Familiarity with construction and lending practices and terminology.

Excellent interpersonal skills; high level written and oral communication and presentation skills, and proficient computer software skills, including spreadsheets. Ability to think creatively about problems. Ability to work in and with all communities in Southern Region and greater Midwest region. Ability to represent the interests of the IFF at all levels of government and with community and civic leadership. Network of contacts with nonprofit agencies or leaders a plus.

Unusual Requirements: In addition to extensive travel throughout the Southern Region, the Executive Director will spend time in Chicago each month. Occasional evening and weekend work; able to visit active construction project sites.

Compensation:

Compensation to be discussed at initial phone screen

How to Apply:

Application Instructions: Applicant please submit a cover letter, resume and salary requirements with “Executive Director – Southern Region” in the subject line of the email.

Investment Analyst National Community Investment Fund
Chicago, IL
Job Function: Investment
Posted: August 19, 2019

Background:

National Community Investment Fund (NCIF; www.ncif.org) is an impact investor and national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities. Total assets under management at NCIF are around $200 million, including $180 million of New Markets Tax Credits (NMTC) allocations outstanding. To support our growth initiatives, we have launched a $35 million Credit Strategies Fund with new debt capital of $15 million. NCIF is the largest investor in CDFI & MDI banks with investments in 19 institutions nationwide. NCIF achieves its mission via 3 complementary business lines:

• Equity Investing in Mission Oriented Financial Institutions: We support depository institutions with equity, debt and deposit investments with more than $40 million invested in and lent to 50+ financial institutions since inception.

• New Markets Tax Credits: We have received $326 million in NMTC allocations and are deploying it into real estate, operating companies, health care facilities, schools, other nonprofit and for-profit impact-oriented businesses.

• Lending: With the launch of the Credit Strategies Fund, we will make/purchase loans in partnership with CDFI Banks and other mission-oriented partners to finance socially impactful commercial real estate projects that benefit underserved communities.

Impact measurement is the core foundation of NCIF’s Theory of Change and supports all of our business lines. We inform investors and other stakeholders place equity, debt, deposits and grants to meet their programmatic and geographic focus areas. NCIF pioneered the use of Social Performance Metrics (see www.bankimpact.org and www.BankImpactmaps.org) and is developing a cloud based core data platform to support data analytics.

Position Summary:

As the Investment Analyst, you will support the Investment team and have the following specific responsibilities, which will include but not be limited to underwriting investment opportunities, portfolio management and review.

Responsibilities:

Support Underwriting of Investment Opportunities:
• Review and analyze financial condition and operating performance information of mission oriented financial institutions, which include CDFI and MDI depository institutions.
• Assist in the preparation of various valuation analyses of investment targets and portfolio financial institutions. Such analysis will include but not limited to comparable company and transaction analysis, discounted cash flow analysis and internal rate of return analysis.
• Assist in data gathering due diligence process including economic, market and industry research and analysis.
• Prepare and analyze social impact and performance of investment targets and portfolio banks.
• Create financial projections to perform financial statement, cash flow and risk and mitigant analysis.
• Analyze borrower budget and projections to assess and stress test debt service capacity.
• Assist investment team with investment memoranda and presenting to investment/loan committee.
• Ensure compliance of all transaction covenants and conditions.

Portfolio Review/Management
• Monitor financial and social performance of portfolio financial institutions on a quarterly and annual basis.
• Assist with the preparation of portfolio company annual reviews.
• Assist with the preparation of semi-annual portfolio valuation analysis.
• Support investment department with post close monitoring/reporting, as required.

Other
• Assist with weekly, quarterly market and industry reports to promote NCIF brand.
• Assist with the preparation of grant applications and with any capital raising efforts as required.

Requirements:

• Bachelor’s degree required, preferably in Business, Accounting or Finance.
• 2 - 5 years of experience as an analyst with investment industry experience.
• Experience in equity and impact investing, CDFI and nonprofit organizations and working with depository institutions would be a plus.
• Passion for community development and for improving the lives of individuals in underserved communities.
• Proficiency in Microsoft Office with strong expertise in MS Excel
• Strong attention to detail and analytical skills.
• Ability and willingness to work in an entrepreneurial organization positioned to grow.
• Ability to work on multiple projects simultaneously.

Compensation:

Commensurate with experience

How to Apply:

https://j.brt.mv/ATS/jb.do?reqGK=27344450

Credit Analyst National Community Investment Fund
Chicago, IL
Job Function: Credit
Posted: August 19, 2019

Background:

National Community Investment Fund (NCIF; www.ncif.org) is an impact investor and national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities. Total assets under management at NCIF are around $200 million, including $180 million of New Markets Tax Credits (NMTC) allocations outstanding. To support our growth initiatives, we have launched a $35 million Credit Strategies Fund with new debt capital of $15 million. NCIF is the largest investor in CDFI & MDI banks with investments in 19 institutions nationwide. NCIF achieves its mission via 3 complementary business lines:

• Equity Investing in Mission Oriented Financial Institutions: We support depository institutions with equity, debt and deposit investments with more than $40 million invested in and lent to 50+ financial institutions since inception.
• New Markets Tax Credits: We have received $326 million in NMTC allocations and are deploying it into real estate, operating companies, health care facilities, schools, other nonprofit and for-profit impact-oriented businesses.
• Lending: With the launch of the Credit Strategies Fund, we will make/purchase loans in partnership with CDFI Banks and other mission-oriented partners to finance socially impactful commercial real estate projects that benefit underserved communities.

Impact measurement is the core foundation of NCIF’s Theory of Change and supports all of our business lines. We inform investors and other stakeholders place equity, debt, deposits and grants to meet their programmatic and geographic focus areas. NCIF pioneered the use of Social Performance Metrics (see www.bankimpact.org and www.BankImpactmaps.org) and is developing a cloud based core data platform to support data analytics.

Position Summary:

The Analyst/Senior Analyst, will be responsible for supporting the Lending and NMTC teams, which will include, but not be limited to underwriting, financial analysis, and asset management.

Responsibilities:

As the Analyst/Senior Analyst, you will be responsible for supporting the Lending and NMTC teams, which will include, but not be limited to:

Underwriting/Financial Analysis:

• Support underwriting of NMTC and loan opportunities.
• Assist in data gathering and due diligence including economic/industry assessments.
• Spread financial statements and create operating projections to perform financial statement analysis, cash flow analysis, repayment analysis, risk and mitigant assessment.
• Analyze borrowers’ budgets and projections to assess and stress test debt service capacity.
• Assist lenders with credit write-ups and presentation at loan committee.
• Assist in assessment of collateral.
• Input data into loan management system, as needed.

Asset Management:

• Monitor projects during construction, including review of third-party construction reports, construction draws and budgets.
• Ensure that all transactions comply with the terms of legal agreements and cash flows are consistent with financial projections.
• Support control/loan servicing departments with post close monitoring/reporting.
• Ensure compliance of all covenants and conditions.

Requirements:

• Bachelor’s degree required, preferably in Business, Accounting or Finance.
• 2 - 5 years of experience with credit underwriting/financial analysis.
• Experience in banking, CDFI and nonprofit organizations would be a plus.
• Passion for community development and for improving the lives of individuals in underserved communities.
• Strong attention to detail and analytical skills.
• Proficiency in Microsoft Office with strong expertise in MS Excel.
• Ability and willingness to work in an entrepreneurial organization positioned to grow.
• Ability to work on multiple projects simultaneously.

Compensation:

Commensurate with experience.

How to Apply:

https://j.brt.mv/ATS/jb.do?reqGK=27320508

Solutions Architect Craftsman Technology Group
Boston, MA
Job Function: Administrative/Operations/IT
Posted: August 19, 2019

Background:

We are a tech company with a mission. Craftsman aims to help nonprofits grow and thrive by ensuring they meet the high technical expectations of their constituents. By aligning strategy and business process with tools and technology Craftsman delivers transformative projects, best-in-class industry solutions and enduring partnerships. We are a registered Salesforce partner who works to deploy and sustain technology solutions by providing support, enhancing operations and stimulating growth at nonprofits. Our team of analysts, project managers, technical architects and developers have extensive experience working at mission-driven organizations.

Our Community Development practice supports organizations that build capacity in our communities. Craftsman serves Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) through a suite of Salesforce tools including our loan management solution.

Position Summary:

As a Solutions Architect, you will create holistic solutions that will help nonprofit and social sector organizations achieve their missions. You will bring together a host of tools and technologies to create a comprehensive solution to meet your clients’ needs. You will also provide clients not only technical and implementation expertise, but also the vision and strategy that will guide them as they work through technology deployments.

Although you will work with a wide range of technology, our primary platform is Salesforce. Correspondingly, we expect you to demonstrate expertise with Salesforce development and architecture on Day 1.

Responsibilities:

We will expect you to demonstrate mastery of these skills and responsibilities to succeed in this role:

- Translate technical, functional and business process requirements into viable technical solutions on the Salesforce platform
- Work with leadership to articulate a vision for their use of technology, and realize a technical strategy
- Gather technical, functional and business process requirements
- Create technical solutions based on client requirements, knowledge of best practices, and a creative use of available resources
- Present and explain solutions to clients in written documents, face-to-face, and/or using video conferencing, working with the client to refine solutions as requested
- Manage internal and client-facing testing sessions, and the issues resolution process
- Document client solutions and overall system architecture
- Contribute to the Craftsman knowledge base by documenting successful solutions and lessons learned
- Contribute to the Craftsman project methodology
- Facilitate client meetings
- Report on project status
- Configure technology per requirements

Requirements:

Required Qualifications:
- Three-plus years of Salesforce experience
- Five-plus years of technology product deployment experience
- Five-plus years of relevant nonprofit experience
- Technology project management experience
- Salesforce Certified Administrator credential
- Availability to travel up to 25%
- Bachelors (4-year) degree

Preferred Qualifications:
- Salesforce Certified Advanced Administrator, Developer or Architect credential(s)
- CAPM or PMP credential
- Graduate degree in relevant field

Compensation:

Compensation commensurate with experience.

Benefits:
- Salaried, full-time position
- Healthcare insurance and 401(k) benefits
- Craftsman’s commitment to professional development and advancement
- Work culture aiming toward work/life balance

How to Apply:

To learn more + apply: http://www.craftsmantech.com/job-description-solutions-architect-2/

Payroll & Benefits Specialist Capital Impact Partners
Arlington, VA
Job Function: Human Resources
Posted: August 16, 2019

Background:

Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 35 years, Capital Impact Partners has been a nonprofit mission driven Community Development Financial Institution (CDFI) that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - health care, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Position Summary:

The Payroll & Benefit Specialist is responsible for performing HR-related duties on a professional level and works closely with senior HR management. This position carries out responsibilities in the following functional areas: payroll administration, benefits administration, onboarding, and employment law compliance.

Responsibilities:

-Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
-Perform daily payroll department operations. Manage workflow to ensure all payroll transactions are processed accurately and timely within ADP Workforce Now
-Process accurate and timely year-end reporting when necessary (W-2, W-2c, etc)
-Administers of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, and 401(k) plan
-Monitors employee eligibility for benefits plans. Reviews benefits with employees and processes enrollment, cancellation or changes. Organizes and manages annual open enrollment communications and election process. Verifies benefit billing accuracy and processes for payment
-Administers COBRA for group health plans
-Ensures timely completion and submission of required reports, such as annual Form 5500
-Provides information to consultants and auditors for testing and preparation of reports
-Files EEO-1 report annually; and maintains other records, reports and logs to conform to EEO regulations
-Conducts new-employee orientations for benefits
-Maintains human resources information system records and compiles reports from the database
-Serves as the primary interface between HR and Payroll to ensure the integrity of the system
-Reports, maintains and monitors all workers' compensation case files; follows-up on open cases
-Maintains knowledge of and analyzes government regulations, benefit program trends, and prevailing practices among similar organizations.
-Ensures compliance of benefits administration with federal and state laws, including IRS and Department of Labor regulations

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements:

-A bachelor's degree and five years of HR experience, or a master's degree in HR management and two years of experience in the HR field, or seven years of experience in the HR field, or any similar combination of education and experience
-SHRM Certified Professional (SHRM-CP) or SHRM Senior Certified Professional (SHRM-SCP) certification
-CPP preferred but not required
-Must have current in-depth knowledge of HR, payroll technology – ADP Workforce Now, payroll processing, tax principles, wage and hour laws with 4-6 years of experience processing multi-state payroll (VA, MD, NY, VA & CA)
-Strong knowledge of federal and state regulations
-Strong PC skills including proficiency in Excel
-Ability to deal sensitively with confidential material
-Strong interpersonal (verbal and written) communication skills
-Ability to communicate with various levels of management
-Be a self-starter who can prioritize tasks and manage deadlines
-Decision-making, problem-solving, and analytical skills
-Organizational, multi-tasking, and prioritizing skills

Compensation:

$55,000 - $65,000

How to Apply:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....

Real Estate Associate The Community Development Trust
New York, NY
Job Function: Finance
Posted: August 16, 2019

Background:

The Community Development Trust (CDT) founded in 1999 is an affordable housing REIT headquartered in New York City with investments and loans in 44 states.

Position Summary:

CDT is seeking a highly-motivated analyst to join its structured finance and debt closing teams. This is an exciting opportunity to be involved in various aspects of a growing real estate company. The individual will be actively involved in corporate real estate finance projects as well perform administrative functions for the underwriting and loan administration departments. The role does not require candidates to have direct industry experience. The successful candidate must be self-motivated and comfortable performing both administrative tasks and financial modeling.

Responsibilities:

• Support duties to Debt Underwriting and Loan Administration Departments in the Closing and Underwriting of new loans.
• Collaborate with Loan Administration on loan deliveries to various investment sources.
• Support Structured Finance in closing new corporate debt facilities by gathering due diligence requests, coordinating legal documents, and processing corporate debt fundings.
• Update reports and models including Corporate Financial Model, Exposure Reports, funding reports, long-term cash forecasts and pricing guidelines. Some of this responsibility includes gathering, inputting and maintaining data from other departments across the company.
• Prepare presentations and pitchbooks for senior management.
• Collaborate with Compliance Department on various grants and awards by inputting and/or reviewing various financial charts.

Requirements:

• Attention to Detail and Organizational Attributes a must
• Superior oral and written communication skills; excellent interpersonal skills
• Ability to handle multiple, concurrent complex assignments with moderate supervision
• Pro-active, solutions-oriented mindset with a strong focus on meeting deadlines
• Ability to work independently and collaboratively and thrive in a result-oriented environment
• Bachelor’s Degree with an understanding of Finance preferred
• Strong knowledge of Microsoft Office Suite, particularly Excel
• Financial modeling experience
• Administrative experience a plus

Compensation:

Entry level but with bonus potential and benefits

How to Apply:

email resume and cover letter to postings@cdt.biz. No candidates will be considered without a cover letter. Please note that only local candidates will be considered.

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