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
People who work at OFN come from a variety of professional and academic backgrounds. Be a part of our growing diverse, highly committed, skilled and collaborative staff who are guided by the following values:
• Passion for the mission and true believer in our core purpose.
• Courage to be a fearless advocate who is confident and resilient in our fight to drive capital into low-income communities.
• Smart, quick seekers of knowledge who thrive on creating and developing new strategies, products, and programs for increasing capital to communities we serve.
• Desire to be a collaborative team player who possesses humility and a willingness to lean in all areas of our work.
Position Summary:
The Communications Associate supports and participates in OFN’s communication outreach to key audiences including OFN members, funders, investors, the CDFI industry at large, policy makers and the media. The Associate will publish and send scheduled web and blog content utilizing a content management system, email marketing software, advocacy software, and social media platforms.
Responsibilities:
• Proficient use and maintenance of OFN’s communications infrastructure including multiple platforms to engage OFN target audiences.
• Coordinate Strategic Communications and Public Policy metric tracking via monitoring platforms to produce performance reports for investors, House and Senate ethics offices, and other key audiences.
• Develop and maintain strong relationships with all levels of the organization to facilitate cross-functional collaboration regarding marketing events, OFN programs and public relations initiatives.
• Provide tactical support for OFN’s editorial and outreach calendar.
• Publish and send scheduled web and blog content utilizing a content management system, email marketing software, advocacy software, and social media platforms.
• Prepare routine correspondence and blog posts. Includes regular Public Policy communications such as CDFI Fund award announcements, invitations to join sign-on letters, and factual blog posts to highlight industry press announcements.
• Schedule appointments with policy makers for President and Chief External Affairs Officer. Contact schedulers or legislative assistants on Capitol Hill to arrange meetings with Members of Congress.
• Conduct fact checking and secure permissions from CDFIs and borrowers regarding CDFI projects, photos, and quotes used for borrower stories and member profiles.
• Manage inventory of marketing collateral, booth, and banner properties.
• Support video production and presentation graphics, for example by reviewing b-roll footage or an image library of borrower photos to nominate candidate content.
• Document best practices and assist with ongoing storage of digital assets for ease of retrieval.
• Monitor key issues impacting the CDFI industry.
Requirements:
• Bachelor’s degree in Journalism, English, Communications, or 5-7 years of equivalent experience in lieu of a degree.
• 1-3 years of demonstrated communications work experience.
• 1-3 year of professional experience working at a national membership association desired.
• 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.
• Strong communication skills in public and private settings both in verbal and written formats.
• A collaborative team player who possess good interpersonal skills to work across all levels of the organization, humility, and a willingness to learn in all areas of our work.
• Smart, quick seeker of knowledge with the ability to think creatively and have the ability to adapt content for social media, blog posts, and forums.
• Adept at online content publishing.
• Tight organization, project planning skills, and a close attention to detail is required as the Associate supports time-critical content publishing across many platforms and maintains records for the department.
• Empathy to understand diverse perspectives.
• Familiarity with a range of marketing technology including: Salesforce, Pardot, Drupal, Wordpress, CQ Engage, CVENT, Vimeo, Google Analytics, Hootsuite, and Hashtracker.
• Ability to set priorities, follow through on challenging situations and effectively manage time under moderate supervision.
• Light to moderate travel required (5-15% of time).
• No extraordinary physical requirements beyond ability to travel.
Compensation:
Commensurate with experience.
How to Apply:
https://theapplicantmanager.com/jobs?pos=of158&fs=15px
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:
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Support Development team in grant proposal development and submissions process.
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Produce quality written assignments that culminate in concept papers, funding proposals, and other communication to funders/investors.
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Prepare and organize materials for grant proposals; submit and monitor grant applications.
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Execute and coordinate related department external correspondence and ensure acknowledgment of funders/investors in OFN’s external communications
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Support grant compliance including coordination of funder and investor reporting, tracking deliverables and monitoring grant budgets with high standards of effectiveness, timeliness, and completeness.
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Manage the timely completion and submission of all funder and investor reports.
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Monitor and maintain the funder and investor reporting schedules and requirements, including records on enterprise-wide CRM (Salesforce) platform.
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Draft compelling progress and final reports to funders that fully capture programmatic success, collaborating with OFN staff across business lines.
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Participate in and assist in coordinating meetings and conference calls with funders/investors.
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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.
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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.
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Support OFN’s sponsorship activities, assisting in the relationship management and logistical planning for the OFN Conference and other sector events as assigned.
Requirements:
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Bachelor’s degree or 5-7 years work experience in lieu of a degree; graduate degree a plus
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1-3 years experience in fundraising, grant writing, and/or grants management required
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Demonstrated formal writing experience required; preferably analytical or persuasive in nature.
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Experience working with CRM databases is highly beneficial; experience with Salesforce a plus
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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.
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Excellent customer service, collaboration, and relationship management skills, with internal and external partners. Ability to collaborate with other teams within OFN.
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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.
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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.
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Smart, quick seeker of knowledge with the ability to think strategically, creatively, and tactically to analyze results and serve as an adaptable problem-solver.
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Strong work ethic, a high level of integrity, ability to exercise strict confidentiality in all work, and a commitment to organizational success.
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Advanced skills in Microsoft Office (specifically Word, Excel and PowerPoint)
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Moderate travel required (<15% of time).
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Job involves normal physical requirements for an office position.
Compensation:
Commesurate with experience.
How to Apply:
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
Position Summary:
The Member Engagement Associate 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:
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:
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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.
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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.
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Assist CLIO and the Treasurer to determine key investor OFN Investment targets.
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Prepare and review materials used for investor outreach including financial models, investment proposal memoranda, management presentations and investor presentation materials.
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Develop relationships with new and existing CDFIs to identify new trends and sector opportunities.
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Prepare and present credit and financial risk analyses reports to OFN senior leadership and respective investment committees.
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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:
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Bachelor’s Degree or 7-10 years of direct work experience in lieu of degree.
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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.
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Ability to distill problems/opportunities into understandable actionable strategies.
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Demonstrated experience writing and presenting detailed investment recommendations with emphasis on clarity, conciseness, and relevance.
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Solid understanding of accounting principles with ability to apply knowledge to assessing risk and performing financial underwriting.
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Demonstrated leadership ability with superior interpersonal skills and ability to work well with diverse constituents.
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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.
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Advanced knowledge of MS Excel and financial modeling skills.
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Commitment to community and economic development.
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Ability to work both independently and collaboratively with teams across OFN.
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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
Background:
City First Enterprises (CFE) is a financial institution working at the intersection of innovation and impact investment, in the quest for a more equitable economy. We are risk entrepreneurs investing in underserved communities, centering our focus on the people and places historically overlooked by mainstream finance. CFE’s lending vehicle is the Equitable Growth Fund, a loan fund designed to provide accessible debt capital to entrepreneurs, innovators and change-makers working in affordable housing, small businesses, education, nonprofits, community facilities, and commercial real estate in the Washington, DC, Maryland, and Virginia. CFE is a Community Development Financial Institution (CDFI), a designation by the United States Treasury to organizations expanding economic opportunity in low-income communities by providing access to financial products and services for residents and businesses. CFE is part of the City First Family of organizations, which includes City First Bank. To learn more about our organization, please visit our website at www.cfenterprises.org
Position Summary:
The ideal person for the Jr. Underwriter and Loan Officer position knows how to work in a
dynamic environment and has strong financial analysis and writing skills. He or she seeks to play a
pivotal role in a growing nonprofit community loan fund that is committed to mission-oriented
lending across the region.
Under guidance and supervision, the Jr. Underwriter and Loan Officer is responsible for reviewing
financial data, assessing credit risk and structuring transactions. In collaboration with the
organization’s credit staff, the person will perform financial analyses and provide credit
recommendations based on a review of all underwriting criteria. The position will also be involved
in portfolio management. As part of a compact team, the Jr. Underwriter and Loan Officer
responsibilities will expand beyond core credit analysis, contributing to business development
efforts, preparing funding proposals and performing periodic reports to potential and existing funders, which include federal agencies and major philanthropic institutions, among others.
Versatility and flexibility across a wide spectrum of intellectual and business tasks are key.
Additional responsibilities include providing competent, thorough, courteous, and efficient
customer service to both internal and external customers with a minimal level of direction,
guidance, and oversight.
Responsibilities:
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
1. Performs financial statement analysis and independently interprets them, delivering
written reviews of financial information.
2. Handles loan originations from beginning to end under the supervision of senior staff.
3. Day to day functions may include:
a. Spreading/Analyzing financial statements through the use of Excel
b. Identifying information needed to complete an analysis by reviewing a credit file
c. Conducting sectoral and business model research relevant to loan applications under
review
d. Performing interim and annual financial covenant compliance (loan monitoring), in
close collaboration with Portfolio Manager
e. Contacting borrowers to solicit updated financial information as required.
4. Works with Data Administrator on analyzing figures around economic development
metrics, including designing and implementing client-focused surveys.
5. Participates, in close collaboration with other members of the team, in the preparation of
proposals and periodic reports to funders.
6. Collaborates with Loan Closing Specialist in preparing loan documentation.
7. Works in partnership with Chief Lending Officer on business development activities,
including participating in client and/or prospect calls and representing the organization in
meetings with potential business partners.
8. Performs other duties as may be deemed necessary and appropriate.
Requirements:
● Bachelor’s degree in accounting, business, economics, finance, or equivalent combination of
training and experience from a four (4) year college or university.
● Minimum 2-4 years’ experience in a mission-oriented work on financial analysis, deal
structuring, and relationship and loan processing management.
● Strong writing and composition skills.
● Entrepreneurial approach to work (a must).
● Experience working with low-income communities.
● Proven ability to build relationships with potential clients and business partners.
● Spanish is a plus.
● Experience with a CRM platform, preferably Salesforce, definitely a plus.
● Excel Ninjas are encouraged to apply.
Compensation:
COMPENSATION
Competitive nonprofit salary, based on experience, plus a generous benefits package that includes
health, dental, life insurance, flexible spending plan, retirement plan, transit benefits and paid
parental leave.
How to Apply:
Please email resume and cover letter to Jobs@cfenterprises.org. No phone calls, please.
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Loan Servicing Business Analyst to join our team in Washington D.C.! We are looking for an analyst with loan servicing or other relevant systems experience to play a key role implementing, enhancing, maintaining and trouble-shooting systems and processes used to deliver loan servicing to clients. This position is a critical role in a new team formed to address the needs of a major public agency client.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to implement and enhance loan servicing systems and processes
Analyze system usage and provide team with recommendations for improvements and training
Identify and assist with implementations of enhancements to the systems used for servicing and reporting
Provide escalated technical support to the staff and contractors using the systems
Develop business requirements for scripting automation.
Analyze, troubleshoot and correct systems issues as needed
Requirements:
Bachelor’s Degree; coursework in basic principles of accounting
Minimum of two years of relevant experience; loan servicing and/or subservicing experience a plus
Analytical and problem-solving skills
Technical skills including expertise in databases, spreadsheets, and some programming knowledge.
Excellent organizational, communication, and analytical skills
Demonstrated ability to work collaboratively with colleagues and clients
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-servicing-business-analyst/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Loan Servicing Accounting Analyst to join our team in Boston, MA! We are looking for an analyst with loan servicing and accounting experience to support accounting and treasury functions performed by TCAM on behalf of lender and investor clients. This position will play a key role in meeting client expectations and identifying ways to enhance MRI systems used for loan servicing.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to track and review collections, postings and remittances
Prepare and balance daily payment processing and deposit into bank accounts
Post corrections for both misapplied payments and bank chargebacks
Monitor servicing system and review reports to ensure accurate and complete client reporting
Review for accuracy invoice, remittance and loan payoff documents
Analyze and review financial and billing reports to provide monthly variance explanations
Maintain accounting logs
Trial balance reconciliations
Update policies and procedures as needed to meet client needs
Requirements:
Bachelor’s Degree; coursework in basic principles of accounting
Loan servicing and/or subservicing experience
Proficiency with loan servicing technology
MS Excel and Word proficient
Excellent organizational, communication, and analytical skills
Demonstrated ability to work collaboratively with colleagues and clients
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-servicing-accounting-analyst/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking an Senior Loan Servicing Specialist to join our team in Washington, D.C. ! We are looking for an analyst with loan servicing or other relevant systems experience to play a key role implementing, enhancing, maintaining and trouble-shooting systems and processes used to deliver loan servicing to clients. This position is a critical role in a new team formed to address the needs of a major public agency client.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to monitor collections and address delinquencies across the portfolio
Process payments received and prepare data for posting/ deposit checks
Track and follow upon delinquencies
Negotiate and implement default mitigation strategies, including following up with appropriate documentation
Set up new loans, process bankruptcy notifications, and process exception payments
Address customer disputes with credit reporting agencies
Requirements:
Bachelor’s Degree or equivalent
A minimum of two years mortgage servicing or other relevant experience
Ability to read and understand documents such as promissory notes, deeds of trust and/or mortgages and title reports
Ability to calculate figures and amounts such as interest rates, principal and interest applications and late charges
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-administrator/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Director, Loan Servicing to join our team in Washington, D.C.! We are looking for an experienced loan administrator to direct and help build a loan servicing program for a large public agency client. This position will be responsible for supervising loan servicing staff and a network of subcontractors to meet client expectations with respect to a large portfolio of residential and multifamily mortgages.
Responsibilities:
Supervise day to day loan servicing activities, responsibilities and deliverables to meet client expectations
Manage the work of a loan servicing staff and subcontractors to ensure efficiency and quality of client deliverables
Coordinate the work of loan servicing staff and subcontractors with that of MRI and TCAM colleagues in the DC office and in other parts of the organization
Maintain understanding of client programs, policies and procedures and knowledge of industry requirements and practices
Requirements:
Bachelor’s degree or equivalent
3-5 years of loan servicing and/or subservicing experience
Community based organization lending or servicing experience a plus
Management/leadership experience
Proficiency with loan servicing technology
Excellent analytical and communication skills
Initiative in addressing problems and developing better ways to work
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/director-loan-servicing/
Background:
What We Do:
NFF works toward a more just and vibrant society through:
Financing that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.
Consulting that helps nonprofits and funders connect money to mission and community impact.
Partnering with service providers, funders, and investors to turn money and goodwill into positive outcomes.
Learning that shares experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis.
Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $329 million. Since 1980, we have provided $871 million in financing and access to additional capital in support of over $2.9 billion in projects for thousands of organizations nationwide.
Position Summary:
The Loan Officer plays a central role in the growth and expansion of NFF’s financing business on the east coast. They will support the underwriting of and directly underwrite transactions and work closely with the Loan Originations / Business Development team and the Director, Underwriting to ensure the deal pipeline proceeds in a timely and expeditious manner. Primary responsibilities include: managing the collection and analysis of client due diligence; analyzing financial spreads; underwriting loans and lines of credit; preparing documents for loan approval; presenting proposals to loan committees; and assisting with loan closings. In addition, the Loan Officer assists in business development efforts and maintains knowledge of key markets within the eastern region and across all sectors and industries in which NFF works. The Loan Officer partners internally to support meeting budgeted lending goals and contributes to lending process improvements.
The Loan Officer demonstrates an interest in or commitment to supporting low-income communities and/or the nonprofit sector and is a strong communicator and relationship builder with the ability to forge deep community relationships while setting realistic expectations and moving financial projects forward.
This position will be based in NFF’s New York, NY office. This position will report to the Vice President, Lending.
Responsibilities:
Primary Duties and Responsibilities:
Underwriting and Product Management
Collect and manage due diligence, underwrite and structure financing requests for on and off-balance sheet transactions within appropriate and relevant credit policy guidelines and in a timely manner. Work with borrowers through all stages of the financing process.
Prepare and present proposals to loan committees for approval.
Support and/or manage loan closings, including drafting commitment letters and reviewing loan documents.
Engage with clients, actively seeking to understand customers’ circumstances, expectations, and needs, and developing financing solutions to meet those needs.
Develop, maintain, and share knowledge of key sectors by attending conferences and maintaining relationships with key stakeholders, among other ways.
Client Relationship and Management
Maintain strong relationships with current and future borrowers and partners.
Develop and use knowledge of clients and markets in East Coast region to identify evolving trends and risks.
Work closely with East Coast business development team in assessing project viability and providing guidance around loan structuring and creditworthiness.
Support East Coast business development team, as requested, by participating in business development activities, including early-state client visits and conversations and attendance at external events.
Ensure the smooth transition and support of borrowers as transactions transition from business development to underwriting and from underwriting to portfolio management.
Requirements:
Essential Requirements for Education and/or Experience:
Bachelor’s degree or equivalent experience required; Master’s degree in business, finance, public administration or related field preferred.
A minimum of 5 years of professional experience, preferably in the financial services, consulting or nonprofit sectors and in increasingly more senior positions
Excellent analytical skills, including ability to identify and assess risk and analyze and understand financial statements.
Strong interpersonal and communication skills, both written and verbal.
Demonstrated ability to build, manage, and deepen client relationships.
Ability to relate to diverse constituencies.
Keen attention to detail.
Solutions-based mindset and approach.
An entrepreneurial work ethic, including openness to learning new skills and systems and the ability to take initiative for independent learning with and quickly develop deep knowledge of a particular market or area.
Ability to exhibit calm under pressure.
Demonstrated ability to take on increased responsibility over time.
Ability and willingness to travel within region to work with staff and meet with applicants, borrowers, and stakeholders.
Compensation:
All salaries are commensurate with experience and include an attractive benefits package.
How to Apply:
Apply directly here: https://nonprofitfinancefund.applytojob.com/apply/3pwpzzM6nN/Loan-Office...
