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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. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

If you are looking for internships please visit our CDFI Industry Internship Bank.

Development Director City First Enterprises
Washington, DC
Job Function: Fundraising
Posted: January 22, 2018

Background:

We are an impact driven community development financial institution (CDFI) based in Washington D.C. focused on promoting equity and opportunity by providing increased access to capital and affordable housing in underserved communities with the goal of ensuring the long-term well-being of residents.  As a non-profit holding company, we do this through our loan fund and in partnership with our affiliate, City First Bank, through the financing of housing, community facilities, small businesses and non-profit organizations.   In addition, through our subsidiary, City First Homes, we work to create and preserve permanently affordable housing, including helping to guide efforts to establish a community land trust focused initially in areas East of the River. Since 1996, the City First family of companies has channeled over $1 billion in capital to communities where it is needed the most.

Position Summary:

Reporting to and in partnership with the President, the Development Director (Director) will spearhead development efforts as City First Enterprises and its affiliates continue to grow.  A new position in the organization, the Director will have the opportunity to build the development function and help to drive expansion at City First Enterprises through impact investments and grants to capitalize the loan fund and to support programmatic initiatives as appropriate. Further, the Director will ensure adequate operating support through grants and other sources. The Director will be responsible for identifying and cultivating individuals, foundations, governmental entities, financial institutions, and other potential capital providers.

Responsibilities:

  • Work with the President to develop short- and long-term capitalization goals and strategies.
  • Develop and execute City First Enterprises’ annual fundraising program to assure adequate capital and operating support.  Create and manage annual capitalization / investment calendar to meet goals.
  • Build and manage new and existing investor and donor cultivation strategies that address individual, corporate, financial institution, foundation and government support.
  • Manage the life cycle of grants and investments from initial inquiries and proposal writing through final reporting.
  • Work with accounting staff to track and report on fundraising related activities.
  • Lead the effort to secure government funding, including CDFI Fund Financial Assistance, Capital Magnet Fund and other similar opportunities.  Collaborate with the SVP of the Loan Fund to develop strategy and execute applications.  Work with lending and finance teams to ensure successful management of such funds.  
  • Collaborate with marketing and other staff across the City First family to support engagement, capital raising and growth throughout the organization.

Requirements:

  • BA (required)
  • Seven-plus years of experience in development and grants management,
  • Knowledge of CDFI industry and financial product structures and innovations is a plus
  • Proven organizational, managerial, and communication skills

Compensation:

Commensurate with experience

How to Apply:

Please email resume and cover letter to HR@cfenterprises.org. No phone calls, please. 

Senior Loan Officer Communities Unlimited, Inc.
Little Rock, AR
Job Function: Lending/Loan Operations
Posted: January 22, 2018

Background:

Communities Unlimited, Inc. (CU) is a nonprofit community development organization founded in 1976.  CU's mission is to move rural and under-resourced communities in areas of persistent poverty to sustainable prosperity.  CU was certified by the US Treasury as a Community Development Financial Institution (CDFI) in 2001.  Through its lending programs, CU helps small communities maintain basic services like safe drinking water and wastewater disposal and helps small business owners reach profitable growth leading to new local jobs and opportunities.  Additionally, our Nuestra Casa loan program helps low-income residents in the lower Rio Grande Valley of Texas improve their living conditions.

Position Summary:

Communities Unlimited’s (CU’s) Senior Loan Officer is responsible for marketing loan products and other services available from CU; originating, underwriting and managing loan requests from throughout our target market, monitoring the performance of loan portfolios; overseeing the use of Nortridge Loan software; and oversight of all reporting and data collection.   The Senior Loan Officer will also contribute data, stories and other information needed for marketing and/or fundraising efforts of the Senior Leadership Team. 

The Senior Loan Officer requires a leader who will develop and maintain good working relationships with borrower organizations; financial institutions; state and federal agencies; consultants and advisors; other public/private institutions; peers and team members; the Board of Directors and its committees; and the Senior Leadership Team.  This position reports to the Director of Lending.  

Responsibilities:

Networking and Marketing Loan Products and Services

Develop strong referral network to generate increased loan volume. Responsibilities include the following:

  • Develop and expand CU’s loan referral and partner network 
  • Build relationships with banks and CDFI’s in CU’s region to increase referrals
  • Strengthen relationships with SBA and USDA 
  • Represent CU and make presentations at marketing and training events
  • Promote and refer potential loan customers seeking loans for water & wastewater systems to other lenders on CU’s lending team

Small Business Lending, Environmental Lending, Consumer Lending, and Portfolio Management

Responsibilities include the following: 

  • Meet with potential borrowers and originate new loans
  • Underwrite loan requests, determine risk, identify risk analysis
  • Document all loan decisions including minutes of loan committees; loan approvals and declines; loan modifications; monitoring; etc.
  • Prepare written loan recommendations (credit memos) for the appropriate loan committee
  • Coordinate and assist with loan closings, ensuring that documents are properly prepared and executed
  • Maintain ongoing customer relationships and monitoring of all borrowers
  • Coordinate managerial assistance for borrowers as needed with CU’s on-the-ground Consultants and Technical Assistance Providers
  • Work with the lending team to evaluate new loan products and services that will support CU’s long-term growth and sustainability and contribute to CU’s mission 

Administrative and Programmatic Responsibilities 

  • Conduct and support loan file reviews and audits
  • Update loan software, client databases and other electronic reporting files
  • Manage problem loans and make recommendations to supervisor and/or appropriate Loan Committees to help borrowers be successful and control loan losses 
  • Assist in the preparation of reports and/or other documents required by partners, funders and others
  • Participate in and support Loan Committee activities
  • Provide required reports and other support for Board meetings
  • Participate in internal meetings, reviews, and updates to Loan Policies and Procedures
  • Work with supervisor to complete detailed work plans and action plans to manage work and performance. 
  • Manage lending data and produce accurate and timely reports upon request and per established timelines to meet internal and external needs for information by staff, board members, and investors.
  • Monitor the lending environment for changes and ensure proper loan documentation and compliance with all legal, regulator, and funder requirements.
  • Conduct research on legal, regulatory, and public policy issues related to CU’s lending activities and recommend revisions to current operating procedures and policies as appropriate.

Requirements:

Education/Certification Requirements

Bachelor’s degree in finance, business, urban planning or related field.   

Experience/Skills Requirements

  • A minimum of 5 years of experience in commercial, small business and/or community lending;
  • Experience underwriting and managing loans to small business borrowers with loans outstanding totaling at least $2.0 million;
  • Experience managing multiple loan portfolios of various types (i.e. consumer, commercial, real estate, etc.) totaling at least $3.0 million that have shown growth and performance consistent with peer organizations is preferred;
  • Experience communicating effectively (both verbal and written) with diverse constituencies, including low-income individuals/communities and potential partner & investor institutions;
  • Experience supervising staff members 
  • Strong interpersonal skills that demonstrate the ability to work effectively with staff, customers and a variety of internal and external audiences; 
  • At least 2 years of experience lending to and /or working in partnership with non-profits, governmental entities, and/or community development enterprises is desired. 
  • The position requires strong financial, analytical and writing skills.  Must be accurate and detail oriented.    

Compensation:

Not Available

How to Apply:

Email HR@CommunitiesU.org

Director, TILT Forward Network Association for Enterprise Opportunity
Washington, DC
Job Function: Business Development
Posted: January 22, 2018

Background:

The Association for Enterprise Opportunity is the national trade association for microfinance and microbusiness in the United States.  Its mission is to create economic opportunity for underserved entrepreneurs.  AEO supports the development of strong and effective US microbusiness initiatives to assist underserved entrepreneurs in starting, stabilizing, and expanding businesses. Now in its 25th year, AEO and its hundreds of member organizations have helped millions of entrepreneurs support themselves and their families and contribute to their communities through business ownership. Through the TILT Forward Initiative, AEO continues to demonstrate leadership, innovation, and impact on behalf of underserved entrepreneurs and the mission-focused organizations in communities across the country that support them.

Position Summary:

AEO seeks a Director for its TILT Forward Network. TILT Forward is AEO’s national initiative to develop and launch technology-led product, capital, and marketing solutions for mission-focused lenders and business-service providers. Through TILT Forward, AEO is innovating to address the market failure on Main Street. Participants in the TILT Forward Network are diverse and high-performing CDFIs and non-profits committed to innovation, testing, and learning. Solutions currently available to TILT Forward Network participants include:

  1. myWay to Credit, a customer referral marketplace where banks refer small businesses they can’t directly serve to be matched to business mentors and credit options from community lenders. JPMorgan Chase and Woodforest National Bank are the first two banks to refer their customers;
  2. DreamFund expands capital availability and access for underserved entrepreneurs by providing CDFI lenders with additional products and liquidity solutions.

In addition, the TILT Forward Initiative is incubating solutions for improved delivery of technical assistance for entrepreneurs and to better meet the needs of Black business owners.  

The Network Director will be an experienced manager who possesses excellent communication, organizational and selling skills. The successful candidate will have solution-selling experience along with the ability to lead functional, operational and relationship problem-solving discussions with both nonprofit and for-profit partners. This individual will be able to point to a demonstrated track record of performance in an entrepreneurial environment and a commitment to AEO’s mission.  The Network Director should be an experienced and effective relationship manager who can point to prior successes driving adoption of new products or services by developing and executing effective strategies and processes. 

Responsibilities:

  • Serves as relationship / account manager for AEO members seeking to participate in TILT Forward Initiative product and service solutions and to benefit from participation in TILT Forward Network
  • Recruit network participants (e.g. AEO members) and manage participation pipeline from interest to adoption/implementation of both established offers and early stage product/service pilots
  • Manage onboarding and training process for users of  TILT Forward licensed products and other established solutions
  • Lead development of content and tools to support solution adoption by TILT Forward Network
  • Work with AEO communications team to prepare simple, user-friendly product collateral and related communications for TILT Forward Network participants 
  • Ensure effective execution of early stage product and service pilots 
  • Manage TILT Forward outreach to and engagement with stakeholders including AEO members, business owners and others
  • Promote TILT Forward at community events with potential and current AEO members    
  • Contribute to management of TILT Forward Initiative performance dashboard
  • Collaborate with SVP of New Initiatives and VP of Engagement to promote, support and advance the TILT Forward Network 
  • Identify unmet needs of TILT Forward Network participants through engagement and structured feedback processes
  • Develop and manage periodic meetings for TILT Forward Network participants and partners
  • Perform targeted market research on an as needed basis
  • Coordinate with and support DreamFund manager in reporting to users
  • Go the extra mile to build trust-based relationships, customer and program participant loyalty and satisfaction in all interactions
  • Other duties as needed that reflect goals of AEO and its TILT Forward initiative

Requirements:

  • Very strong interpersonal skills and the ability to build relationships with stakeholders
  • Strong written and oral communication skills
  • Familiarity with nonprofits, especially community lenders and business service providers
  • Understanding of small business financing
  • Demonstrated ability to handle multiple projects and tasks simultaneously
  • Self-starter with collaborative work-style and commitment to getting the job done
  • Problem-solving mindset

ATTRIBUTES 

  • Collaborative. You are grounded in AEO’s organizational values of sharing information and working cooperatively. You give respect and earn yours. You value working in a cohesive team environment where everyone works hard and relies on each other to pull it all together. 
  • Great motivator. You are known for your poise, tact, and persuasiveness. You confidently engage with staff at all levels and across multiple stakeholder groups. You have a point of view and are willing to listen and learn from others. People want to follow your lead and do what you ask
  • Diplomatic. You work well with members, you understand their concerns, and you realistically manage their expectations. You are able to find common ground with people, manage a smooth process, and build consensus for workable solutions.
  • Flexible. Your flexibility allows you to adjust to changing priorities and operate effectively in a fluid environment. You skillfully manage numerous daily commitments and competing priorities. You smoothly manage through ambiguity and are able to shape answers to questions when no template exists. You are a fast learner and are able to “hit the ground running."

Compensation:

Salary is commensurate with experience. AEO offers a comprehensive benefits package and generous leave policies. 

How to Apply:

The search for this position is being managed by Korn Ferry. Please send resume and cover letter to Gavin Hasselgren at Gavin.Hasselgren@kornferry.com.

Managing Director, Credit and Policy IFF
Chicago, IL
Job Function: Lending/Loan Operations
Posted: January 19, 2018

Background:

IFF is a mission-driven lender, real estate consultant, and developer that helps communities thrive by creating opportunities for low-income communities and people with disabilities. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Social return can coincide with financial return.

Across the Midwest, we help clients from every seactor, including human service agencies, health centers, schools, housing developers, and grocery stores. Our staff of nearly 100 professionals works from our Chicago headquarters, and we also serve the Midwest from six regional offices: Indianapolis, IN; Detroit, MI; Minneapolis, MN; St. Louis, MO; Columbus, OH; and Milwaukee, WI.

IFF is a Community Development Financial Institution (CDFI) certified by the U.S. Department of the Treasury. We are the largest nonprofit CDFI in the Midwest and one of only a few nationally to earn the AERIS five-star, triple-A, policy-plus rating. Since 1988, we have made more than $700 million in loans, leveraged $2.3 billion in community investments, and grown our total managed assets to $606 million.

Position Summary:

The Managing Director of Credit and Policy provides leadership and management of the credit, policy, and loan closing function of Capital Solutions. The position will be located in Chicago, but will require regular dialogue, coordination and collaboration with Capital Solutions’ staff throughout IFF’s footprint. The Managing Director will provide broad loan policy oversight and specific input and guidance on loan underwriting and structuring. He/she is responsible for consistent application of policy and underwriting principles for all loan requests. The Managing Director will work closely with the Managing Director of Lending and Managing Director of Portfolio Management to ensure alignment in approach to target market, and correct and consistent application of policy and underwriting throughout Capital Solutions. The Managing Director will provide direct oversight of the Loan Closing function of Capital Solutions and ensure loan closings are conforming to approved policies and procedures and that maximum efficiencies and customer satisfaction are attained.  The Managing Director will also provide oversight to the Loan Program Manager and Loan Associate(s) and coordinate closely with the Managing Director of Lending on Loan Associate support for loan underwriting.

Responsibilities:

1. Primary leadership and ownership of IFF Credit Policy with regard to regular updates, adherence, and explanation. 

a. Maintain and lead updates of IFF loan policies and risk rating methodologies in conjunction with other senior Capital Solutions staff, and President – Core Business Solutions, as guided or directed by IFF Board of Directors/Finance Committee. 

b. Ensure loan requests, modifications, closings, and portfolio management follow process and protocol consistent with approved policies.

2. Provide guidance, insights, and feedback on structuring, underwriting, and presentation of new loan requests and/or loan modifications. 

a. Assist Lenders and provide feedback on loan structuring and underwriting memos in advance of loan committee to ensure optimal request for approval.

b. Provide direct oversight to Loan Program Manager, as well as oversight, guidance and training to Loan Associate(s) with regard to credit memos and support of originations team.

3. Oversee and manage the Closing and Escrow Department 

a. Oversee process for construction loan advances, disbursement projections, and file management to secure collateral and validity of loan and risk exposures processed or managed within Capital Solutions. 

b. Oversee the Closing and Escrow team’s management of IFF closed loans and draws under loans closed through outside counsel. 

c. Establish and monitor performance metrics to support quality control, efficient processing and customer satisfaction. 

d. Ensure proper booking of loan details and compliance requirements on systems. 

4. In coordination with the Senior Vice President, Capital Solutions and Portfolio Management staff, supports the financial and risk goals of IFF’s Lending and capital investment business. 

a. Identify product or programmatic opportunities to meet the needs of IFF target market customers and communities.

b. Ensure new products and programs incorporate the appropriate risk criteria and capital investment parameters. 

c. Participate as a voting member of IFF’s internal credit committee and assess risks, mitigants and optimal structuring of individual loan requests. 

5. Coordinate closely with MD Lending and Portfolio Management, Finance Department, Resource Development and other key staff to support projects and initiatives, new requests, investor and funder relationships and ongoing reporting. 

6. Maintains required job knowledge and skills and core professional competencies. Attend and participate in required educational programs and staff meetings. 

7. Perform other duties as assigned.

Performance Measures: 

1. Achievement of department lending and program goals, including specified closing metrics.

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

3. Comprehensive credit memos that provide thorough credit analysis and explanation of risks and mitigants.

4. Identifies and recommends solutions to issues and problems relating to loan program implementation.

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

6. Models personal accountability that promotes ownership and engagement.

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

8. 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.

Requirements:

Education:  MBA or MA strongly preferred, preferably in business, accounting, finance, or community development.  A Bachelor’s degree plus ten years additional relevant experience may substitute for an advanced degree.

Previous Experience:  Minimum of ten years of experience in banking, commercial mortgage lending, real estate or community development required with a track record of growth and increasing responsibility, including management responsibilities. Demonstrated competence in commercial real estate lending, cash flow and project analysis, underwriting, structuring and lending policies and procedures, and loan closing process.   Experience with nonprofit financials preferred.

Special Knowledge & Skills:

1. Knowledge of community development principles and real estate finance and development.

2. Familiarity with construction and lending practices and terminology; good interpersonal skills; high level written and oral communication and presentation skills, experience in formal presentations; proficient computer software user, including spreadsheets and databases.

3. Thorough understanding of financial statements and credit analysis.

4. Ability to think creatively about problems.

Unusual Requirements:  Periodic travel throughout the Midwest; Occasional evening and weekend work.

Application Instructions: Please submit a cover letter, resume and salary requirements to careers@iff.org with “Managing Director, Credit and Policy” in the subject line.  IFF values equity, diversity and inclusion as part of its mission to strengthen nonprofits and the communities they serve.  IFF is an equal opportunity employer.

Compensation:

Based on experience

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to careers@iff.org with “Managing Director, Credit and Policy” in the subject line. IFF values equity, diversity and inclusion as part of its mission to strengthen nonprofits and the communities they serve. IFF is an equal opportunity employer.

Loan Services Administrator CEI (Coastal Enterprises, Inc.)
Brunswick, ME
Job Function: Lending/Loan Operations
Posted: January 19, 2018

Background:

Coastal Enterprises, Inc. (CEI) helps to grow good jobs, environmentally sustainable enterprises, and shared prosperity in Maine and in rural regions across the country by integrating financing, business and industry expertise, and policy solutions. CEI envisions a world in which communities are economically and environmentally healthy, enabling all people, especially those with low incomes, to reach their full potential.

Position Summary:

Want to make a difference in your work and see tangible impact on our communities in Maine and beyond? Are you someone who has professional office or banking/financial services experience and wants to further develop skills in finance operations, database management, data analysis and lending compliance? Do you want to work with a team of smart, driven people?

Then we want to hear from you…

Our loan services team is seeking a smart, self-directed, enthusiastic professional for the position of Loan Services Administrator.This is a full time, benefited position based in beautiful downtown Brunswick, Maine.

The Loan Services Administrator is responsible for the daily workflow within the loan servicing department, ensuring all work is completed and departmental deadlines have been met. The Loan Services Administrator performs a variety of loan servicing functions in connection with commercial loans, including processing of documents, initial input of new loans/ renewals to loan system, and full servicing functions for CEI’s loan portfolio from loan inception through pay-off.

Responsibilities:

  • Responsible for all new and existing loan disbursements.
  • Responsible for balancing loan disbursements in loan system monthly.
  • Assistance with Mailing and E-mails to borrower for outstanding items on their accounts
  • Prepares the Written Payoff when requested by borrowers or other financial institutions.
  • Prepares the Discharges on all collateral and sends letter of payoff to borrowers.
  • Prepares commercial loan documentation and Loan Modification for loans done by CEI Loan Officers utilizing loan processing software.
  • Research and resolve any problems, issues or questions concerning customer accounts, both verbally and in writing, to ensure customer satisfaction and to maintain productive relationships with other CEI staff / departments.
  • Maintain accuracy and integrity of CEI’s loan administration database, including performing maintenance to loans as necessary.
  • Follows all policy & procedures of Lending with continuous cross-training as policies/procedures change.

Requirements:

  • High school equivalent plus two years college, business, or technical school coursework.
  • Prior experience in banking/financial services strongly preferred.
  • Strong administrative and analytical skills.
  • Acute attention to detail and accuracy.
  • Able to conduct research and analyze information with minimal supervision.
  • Proficient with Microsoft office suite, database administration, and spreadsheet software.
  • Strong organizational and prioritization skills.
  • Effective written and verbal communications and interpersonal skills.
  • Performs well under pressure and in a deadline driven environment.
  • Adheres to a high degree of confidentiality and ethics.
  • Works flexibly and embraces change.
  • Able to work independently and in a team environment.
  • Understanding of basic accounting transactions strongly preferred.

Compensation:

$30,000 - $38,000 annually

How to Apply:

Please submit a cover letter and resume to: employment@ceimaine.org

Senior Associate, Knowledge & Communications Nonprofit Finance Fund
New York, NY
Job Function: Marketing/PR
Posted: January 18, 2018

Background:

What We Do:

Nonprofit Finance Fund (NFF) works toward a more just and vibrant society through:

Financing that invests in missions. Our customized financing strengthens hardworking nonprofits and social enterprises.

Consulting that empowers leaders. Our experts equip you to make financial decisions that best serve your mission.

Partnering on big problems. Service providers, funders, and investors turn to us for new ways to collaboratively support stronger, fairer communities.

Learning that helps illuminate paths to solving complex social issues. Sharing experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis – makes it easier.

NFF advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing that empower leaders, organizations, and ideas. A leading Community Development Financial Institution (CDFI), NFF currently manages over $310 million. Since 1980, we have provided almost $700 million in financing and access to additional capital in support of over $2.3 billion in projects for thousands of organizations nationwide.

Position Summary:

The Senior Associate, Knowledge & Communications (K&C) is a central member of a fast-moving and highly collaborative team that designs and executes outreach, communications, and thought-leadership projects to advance NFF’s work toward a more just and vibrant society. S/he is charged with executing a variety of projects and tasks including (but not limited to) creation and dissemination of text-based and graphic content via publications, social media, marketing collateral, and three websites.

The right person for this role will have very strong writing, copy editing, and proofreading skills, notably the facility to write quickly, clearly, concisely, and in others’ style and voices. S/he will have a keen eye for detail and accuracy, and a demonstrated ability to identify and compellingly tell NFF’s stories. We are looking for a proactive, problem-solving, and collaborative spirit with a sense of humor and a readiness to pivot, someone who will responsibly and accountably see projects through to fruition on time and budget. S/he will be a good and active listener and creative thinker, who respectfully voices his/her thoughts and ideas – and jumps in with two feet whatever the chosen path.

The ideal candidate embodies NFF’s values, proactively builds strong relationships with and wholeheartedly collaborates across K&C and wider NFF teams, and adds value up and down the management chain.

This position will be based in NFF’s New York headquarters and will report to the Vice President, Knowledge & Communications.

Responsibilities:

Primary Duties and Responsibilities:

-Identify, research, and produce stories that advance NFF’s business and mission objectives
-Write, edit, proofread, and polish text for NFF publications and communications channels
-Create/support creation of graphic content for NFF publications and communications channels
-Take over daily management of NFF’s social media channels
-Project-manage production and dissemination of reports, emails, blogs, and other materials, liaising with staff and freelance writers, designers, photographers, printers, and distributors
-Manage K&C’s content-development and review/approval/permissions processes and schedules
-Provide administrative and event support
-Other duties as assigned

Requirements:

Essential Requirements for Education and/or Experience:

-Strong, versatile story-telling, writing, copyediting, and proofreading skills
-A keen eye for accuracy, detail, and design
-A strategic communications mindset and tactical excellence
-Some professional experience with social media, website content creation and management, collateral development and production
-Creative thinking and a good-natured willingness to pivot and problem-solve in a dynamic work environment
-Accountability with strong organizational and time-management skills
-Ability to work enthusiastically and productively within a highly collaborative team as well as independently with minimal supervision
-Commitment to put your all toward NFF’s business-plus-mission objectives
-Comfort with sometimes technical business, finance, and management issues and terms
-An inquisitive nature and eagerness to learn and stretch
-Proficiency in Microsoft Office; Adobe Creative Suite; Drupal 8 or another Content Management System

Specialized Knowledge/Beneficial Skills and Experience:

-Experience with Constant Contact or another e-marketing platform; html; Photoshop

Compensation:

All salaries are commensurate with experience

How to Apply:

To apply please visit the provided link: http://nonprofitfinancefund.applytojob.com/apply/RPqzESytHc/Senior-Associate-Knowledge-Communications?source=Opportunity+Finance+Network

Public Policy Manager Community Development Bankers Association
Washington DC, DC
Job Function: Advocacy/Policy
Posted: January 18, 2018

Background:

Community Development Bankers Association (CDBA) is the national trade association of FDIC-certified Community Development Financial Institution (CDFI) banks and thrifts. Our members are mission-focused institutions that provide lending, financial services, and technical assistance in disinvested urban, rural and Native American communities across the United States.  We are the voice of the CDFI and mission focused banking sector through public policy advocacy, promoting industry best practices, and peer networking.  Go to www.cdbanks.org for more information about CDBA.

Position Summary:

We are seeking a high energy and dynamic candidate for the position of Public Policy Manager.  The Manager will advance our public policy advocacy agenda. The position reports to Chief Executive Officer, but works with all members of the team.  This is a full time 40 hour per week position.  The position is located at PCG’s offices in Washington DC.

CDBA is managed under an administrative agreement with Partners for the Common Good (PCG). The Public Policy Manager will be an employee of PCG, but principally assigned to duties to support its work with CDBA.

Responsibilities:

  • Stay abreast of regulatory and legislative developments that affects Federal community development programs and financial services
  • Analyze regulatory proposals and policies to assess impact on the membership and the low income communities they serve
  • Participate in drafting public comment letters and testimony
  • Analyze, compile and disseminate research, data, and written materials on the industry to support education and advocacy efforts
  • Solicit input from CDBA members to formulate policy positions
  • Coordinate advocacy campaigns, including organizing annual appropriations outreach to Capitol Hill
  • Coordinate Congressional visits for spring CDBA Advocacy Day and year round meetings
  • Build, maintain and utilize database of legislative contacts and membership education and advocacy participation
  • Maintains data base on CDFI Fund program awards, as well data on impact of CDBA members
  • Responsible for researching and initial drafting “thought leadership” articles and OpEds for biweekly CDBA newsflash or external publications by CEO, Board members or other industry representatives
  • Represent CDBA among aligned community development and financial services trade and advocacy groups
  • Participate in event planning for annual conference, workshops, webinars and conference calls
  • Execute special projects and provide general support to the membership. 
  • Other duties as assigned

Requirements:

  • Passion for community development finance and improving the lives of people in underserved communities
  • 3-5 years of experience in public policy or advocacy with a particular focus on community development and/or financial services
  • Experience working on Capitol Hill is a plus.
  • Strong analytical and research skills
  • A proactive self-starter with the ability to multi-task, excellent time management and organizational skills and attention to detail
  • Strong writing skills are essential
  • Strong verbal communication, networking, relationship management, and customer skills
  • Good people skills with a strong team orientation  
  • Ability to multi-task in a fast paced environment
  • Good project management skills 
  • Bachelor’s degree required, Masters preferred
  • Experience using Salesforce customer relationship management (CRM) solutions is a plus
  • Basic computer and research skills along with familiarity with MS Office (Excel, Word, PowerPoint) and the internet is a must
  • Applicants must be U.S. citizens

Compensation:

Competitive nonprofit sector salary commensurate with experience.  Collegial work environment.  Good benefits package available.

How to Apply:

Interested individuals should send a resume, cover letter, professional writing sample and three references to:  CDBA, 1444 I Street NW, Suite 201 -- or info@cdbanks.org.  NO TELEPHONE CALLS PLEASE.

Public Policy Manager Community Development Bankers Association
Washington DC, DC
Job Function: Advocacy/Policy
Posted: January 18, 2018

Background:

Community Development Bankers Association (CDBA) is the national trade association of FDIC-certified Community Development Financial Institution (CDFI) banks and thrifts. Our members are mission-focused institutions that provide lending, financial services, and technical assistance in disinvested urban, rural and Native American communities across the United States.  We are the voice of the CDFI and mission focused banking sector through public policy advocacy, promoting industry best practices, and peer networking.  Go to www.cdbanks.org for more information about CDBA.

Position Summary:

We are seeking a high energy and dynamic candidate for the position of Public Policy Manager.  The Manager will advance our public policy advocacy agenda. The position reports to Chief Executive Officer, but works with all members of the team.  This is a full time 40 hour per week position.  The position is located at PCG’s offices in Washington DC.

CDBA is managed under an administrative agreement with Partners for the Common Good (PCG). The Public Policy Manager will be an employee of PCG, but principally assigned to duties to support its work with CDBA.

Responsibilities:

  • Stay abreast of regulatory and legislative developments that affects Federal community development programs and financial services
  • Analyze regulatory proposals and policies to assess impact on the membership and the low income communities they serve
  • Participate in drafting public comment letters and testimony
  • Analyze, compile and disseminate research, data, and written materials on the industry to support education and advocacy efforts
  • Solicit input from CDBA members to formulate policy positions
  • Coordinate advocacy campaigns, including organizing annual appropriations outreach to Capitol Hill
  • Coordinate Congressional visits for spring CDBA Advocacy Day and year round meetings
  • Build, maintain and utilize database of legislative contacts and membership education and advocacy participation
  • Maintains data base on CDFI Fund program awards, as well data on impact of CDBA members
  • Responsible for researching and initial drafting “thought leadership” articles and OpEds for biweekly CDBA newsflash or external publications by CEO, Board members or other industry representatives
  • Represent CDBA among aligned community development and financial services trade and advocacy groups
  • Participate in event planning for annual conference, workshops, webinars and conference calls
  • Execute special projects and provide general support to the membership. 
  • Other duties as assigned

Requirements:

  • Passion for community development finance and improving the lives of people in underserved communities
  • 3-5 years of experience in public policy or advocacy with a particular focus on community development and/or financial services
  • Experience working on Capitol Hill is a plus.
  • Strong analytical and research skill
  • A proactive self-starter with the ability to multi-task, excellent time management and organizational skills and attention to detail
  • Strong writing skills are essential
  • Strong verbal communication, networking, relationship management, and customer skills
  • Good people skills with a strong team orientation  
  • Ability to multi-task in a fast paced environment
  • Good project management skills 
  • Bachelor’s degree required, Masters preferred
  • Experience using Salesforce customer relationship management (CRM) solutions is a plus
  • Basic computer and research skills along with familiarity with MS Office (Excel, Word, PowerPoint) and the internet is a must
  • Applicants must be U.S. citizens

Compensation:

Competitive nonprofit sector salary commensurate with experience.  Collegial work environment.  Good benefits package available.

How to Apply:

Interested individuals should send a resume, cover letter, professional writing sample and three references to:  CDBA, 1444 I Street NW, Suite 201 -- or info@cdbanks.org.  NO TELEPHONE CALLS PLEASE.

Loan Operations / Compliance Coordinator New Jersey Community Capital
New Brunswick, NJ
Job Function: Lending/Loan Operations
Posted: January 18, 2018

Background:

New Jersey Community Capital is a nonprofit community development financial institution that provides innovative financing and technical assistance to foster the creation of quality homes, educational facilities, and employment opportunities in underserved communities of New Jersey.

Position Summary:

Are you looking to grow your career in lending? Are you passionate about community-based economic development? Do you want to know that your work has a positive impact on New Jersey’s underserved communities? If so, read on

New Jersey Community Capital (NJCC) is a nonprofit community development financial institution that provides innovative financing and technical assistance to foster the creation of quality homes, educational facilities, and employment opportunities in underserved communities of New Jersey. Our Portfolio Management and Compliance (PM&C) team is currently seeking an individual to join the department to help us in our work.

Responsibilities:

What you’ll do:

The Compliance Coordinator supports the ongoing reporting, compliance, and servicing activities of NJCC’s various loan portfolios. You will take responsibility for making sure these aspects of our operations run smoothly, effectively, and in accordance with current rules and regulations, as well as with NJCC policies and procedures. You will report to the Vice President of PM&C and will work closely with him and all members of the PM&C team. You will also interact frequently with our Finance and Lending departments. You will have the opportunity to gain experience and grow in many important aspects of community development lending and operations.  You will:

  • Collect quarterly and annual compliance reports and financial statements from borrowers.
  • Assist in preparing quarterly and annual reports on loan and portfolio activity, including financial analyses and covenant compliance.
  • Manage tickler system to ensure on-time collection and distribution of reports and compliance with other portfolio-related deadlines.
  • Review final loan documentation to determine specific monitoring and compliance required by each individual loan.
  • Assist in maintaining and updating loan data points, and work with PM&C and Lending staff to periodically review and improve data management systems. 
  • Cross-train with PM&C staff to assist with functions such as loan servicing and tax payments, as required.
  • Interact with borrowers, investors, and participant lenders regarding loan performance, projected and actual outcomes, and project information.

Requirements:

The skills you'll need

We’re looking for people who are motivated and driven to develop their career. To be successful in this role, you’ll: 

  • Want to work in a service oriented, small office work environment, and you possess flexibility and an enthusiastic work-ethic, and be inspired by NJCC’s mission to strengthen communities.
  • Have at least 1-2 years’ banking/real estate or other relevant experience. (College grads with relevant office environment work experience and course work will be considered.)
  • Have demonstrated the ability to balance multiple tasks and meet specific deadlines. 
  • Be comfortable and proficient at working both independently and collaboratively. 
  • Have strong written and verbal communication skills.
  • Have excellent customer skills. 
  • Be able to demonstrate proficiency with MS Office Excel, Word, and related products.
  • Have some experience with data management and/or workflow tracking.
  • Preferably have a working knowledge of loan documentation and financial analysis.
  • Have a Bachelor’s or Associate’s degree with relevant work experience.

What else you'll need to know

At our core, New Jersey Community Capital (NJCC) is a financial organization with a mission to create thriving communities. We do this through strategic investments and knowledge. Fulfilling the needs and improving the quality of life of thousands of individuals and families would not be possible without our talented and diverse staff, and motivating environment.

We are all about taking a comprehensive approach to transforming New Jersey’s underserved communities. NJCC specializes in providing flexible, hands-on financing to nonprofits and other mission-driven entities, empowering them to grow and thrive. We provide an array of services to our borrowers, including financial training and portfolio management.

Each year, NJCC and its affiliates provide millions of dollars in capital and substantial technical assistance to support the revitalization of communities across the state. These efforts provide quality housing, early care, education, and employment to thousands of low-income people. NJCC has also emerged as a national leader in developing creative strategies to reverse the distress created by the foreclosure crisis, implementing large-scale programs to acquire and redevelop vacant homes, modify nonperforming mortgages, and infusing flexible capital into collaborative community-level efforts to stabilize blighted neighborhoods.

Compensation:

NJCC offers a competitive nonprofit salary based on experience and skills, as well as an attractive benefits package including health, dental, disability and life insurance; 401(k) savings plan after one year’s service; flexible spending accounts (medical, dependent care, and transportation); and 23 paid leave days (includes sick, personal, and vacation) plus 12 paid holidays. NJCC’s office is located at 108 Church St. in New Brunswick, NJ, only two blocks from the train station.

NJCC embraces diversity and equal opportunity in a serious way. We are dedicated to forming a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be. Check us out at www.newjerseycommunitycapital.org

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and resume to hr@njclf.com. Please include “Compliance Assistant (OFN)– Your Name” in the email’s subject line. NJCC will accept applications until the position is filled.

Refuge Community Loan Officer Womens Opportunities Resource Center
Philadelphia, PA
Job Function: Lending/Loan Operations
Posted: January 17, 2018

Background:

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

WORC today provides three major programs:

  1. Self-Employment Training,
  2. Microloans,
  3. Family Savings Account Program (FSA). 

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

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

Position Summary:

WORC offers a range of small business financing products ranging from $500 to $50,000 and we link customers to a comprehensive array of financial education and other services provided by WORC.  Over the next several years, WORC/ EOF is looking to expand our market base and significantly increase our loan volume and deployed capital.  The ideal candidate has existing contacts with local financial institutions, economic development and business assistance organizations, community organizations, professional associations, economic development agencies and/or small business development centers and knowledge and experience working with refugees and immigrants.  

Responsibilities:

  • Originate/package and underwrite loans in accordance with production expectations. Package and close 10 loans per quarter. Submit loans with required documents and loan officer recommendation to MMS (LiftFund) for underwriting and present loans to the loan advisory council for approval where required.
  • Identify specific markets, populations, community groups, community leaders, and reach out and educate about loan products and development services available to recruit clients.
  • Work one-on-one with entrepreneurs and business owners throughout the lending process to identify and address financing and business development needs. 
  • Provide training and technical assistance. 
  • Monitor existing ORR and Immigrant loan clients and pro-actively address clients with challenges. Work with other business clients as requested.
  • Work cross-functionally with other departments to maximize new business development and marketing efforts across the organization.
  • Attend WORC staff and program meetings
  • Perform other related duties, as assigned.

Requirements:

  • A four-year degree from an accredited university in a relevant discipline.  
  • Minimum of two years’ experience in community or economic development lending, and/or microfinance with lending institutions, government loan programs or community lenders with a solid understanding of consumer financing rules and regulations.  
  • Good public speaker with demonstrated marketing, sales, and/or community organizing skills.
  • Organized self-starter with strong analytical skills and ability to multi-task.
  • Customer service oriented, patient, flexible, with ability to accept and give constructive feedback and a sense of humor.
  • Knowledge of Philadelphia and the surrounding four counties (preferred) with willingness and ability to travel throughout the area to engage in marketing and outreach activities.
  • Ability to work some evenings and weekend days to attend meetings, seminars and events.
  • Bilingual (French, Arab, Nepali, Burmese) - a plus.

Compensation:

Salary is commensurate with experience. Benefits include: vacation, paid holidays, health and pension plan.  WORC/EOF is an equal opportunity employer and the board of directors and staff value diversity in all aspects of employment.

How to Apply:

FOR CONSIDERATION: Please send a cover letter and resume along with salary requirements to {careers@worc-pa.com}  or fax to 215-564-0933.   Resumes will be accepted until the position is filled.

 

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