Industry Job Bank

  • 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.org. Submissions 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.

Associate, Loan Administrator Opportunity Finance Network
Washington, DC
Job Function: Financial Services
Posted: April 19, 2018

Background:

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

Position Summary:

This position is primarily responsible for assisting the Vice President, Loan Operations in the administration of OFN’s Bond Guarantee Loans. Such assistance will include collateral management, compliance management, database management, loan servicing monitoring and recordkeeping. Responsibilities also include assistance with OFN’s existing loan portfolio.

Responsibilities:

  • Support the preparation and submission of the Bond Guarantee Program application via collection, organization and remittal of financial documents.
  • Review and coordinate documents associated with borrowers requisition of Bond funds for completeness and compliance with the Bond Guarantee Program requirements.
  • Provide payment oversight of Bond Loans, management of Bond Loan collateral. Ensure proper administration of all Secondary Loan documents by the borrower including the creation and perfection of required security interests and liens on Secondary Loans.
  • Perform first level review of the performance, replacement and removal of Bond Loan Collateral and ensure non-performing collateral is replaced in a timely fashion.
  • Ensure borrowers maintain the required amount of collateral per Bond Loan legal documents.
  • Monitor escrow agent activities and the custody of Secondary and Tertiary Loan documents held by the escrow agent.
  • Review, coordinate and test for compliance with covenants of the borrower.
  • Track and submit monthly, quarterly and annual reports to the CDFI Fund to support compliance with the terms and conditions of the Bond documents via database management systems.
  • Process documentation as needed to declare Events of Default under the Bond Guarantee Program and initiate remedies when necessary.
  • Assist with administration of OFN’s existing loan portfolio including collection and coordination of loan documentation, on-boarding and modifications to existing loans, ensure closing conditions are met, and initiate the funding for each loan closing.
  • Prepare timely submissions of internal and external departmental reports.
  • Prepare and review invoices for loans and asset management.
  • Preserve, maintain and update borrower files and legal documents as needed.
  • Assist other financial services team members on projects or deliverables, as requested by the VP, Loan Operations.

Requirements:

Education and Experience:

  • Bachelor’s Degree or 5+ years direct work experience required.
  • 1-3 years of experience in lending markets that have similar characteristics to the loans of OFN, and/or title or mortgage industry experienced required.
  • Experience in loan operations with a financial and /or nonprofit institutions preferred.
  • Experience in multi-party lending structures, with borrowers, lenders, banks and servicers and backup servicers preferred.
  • Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable.
  • Experience or knowledge of the CDFI Industry a plus.
  • Experience in nonprofit or small office environment a plus.

Knowledge, Skills, Abilities, and Physical Requirements:

  • Knowledge of accounting or lending practices required.
  • Superior analytical and organizational skills required.
  • Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance.
  • Ability to understand and modify financial statements is preferred.
  • Ability to understand loan documentation is required.
  • Ability to review the work of other partners/subcontractors is required.
  • Superior interpersonal skills and ability to work well with diverse constituents is required.
  • Knowledge of and commitment to community development preferred.
  • Proficiency with MS Office and database software is required.
  • Ability to work independently or in team environment as required.
  • Ability to manage multiple tasks effectively and efficiently under moderate supervision.
  • Some travel required (<10% of time).
  • No extraordinary physical requirements beyond ability to travel. 
  • Job involves normal physical requirements for an office position.  

Compensation:

Commensurate with experience

How to Apply:

To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF134

Credit Analyst Opportunity Finance Network
Washington, DC
Job Function: Financial Services
Posted: April 19, 2018

Background:

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

Position Summary:

The Credit Analyst supports senior Financial Services staff with servicing of the CDFI Fund Bond Guarantee Program, performing annual borrower reviews, and analytical support of loan underwritings. Responsibilities also include financial statement analysis, borrower credit reviews, loan requests, loan covenant compliance, and portfolio management duties. Assistance mainly involves gathering and compiling data, analyzing and preparing reports, composing written summaries, spreading financial statements, maintaining borrower and loan production files, communicating with borrowers, and preparing information for internal and external reviews. 

Responsibilities:

  • Assist senior Financial Services staff with the management of the CDFI Bond application process including support in servicing and managing assets under the CDFI Bond program.
  • Manage loan covenant compliance, including financial statement collection, borrowing base compliance with loan agreement, and following up with borrowers in the case of covenant violations
  • Spread borrowers’ financial statements into template
  • Assist Financial Services team in loan underwritings, including various analyses, calculations, summaries and other tasks as required by the underwriter
  • Assist in analysis and preparation of annual loan portfolio review
  • With support from senior staff, perform annual credit reviews of borrowers
  • Communicate status of receipt of quarterly financial statements, quarterly compliance checks and reporting, portfolio reports, spreads and scheduling of annual reviews
  • Assist in drafting and updating written procedures for credit administration
  • Analyze portfolio trends and identify portfolio vulnerabilities by interpreting data on payment trends, borrower financial ratios, pricing, economic influences, and other factors affecting the portfolio
  • Oversee maintenance of accurate, complete and up-to-date files and records
  • Schedule Investment Committee meetings, compile/distribute investment committee packages and follow-up with committee members needs/requests for information as well as take meeting minutes
  • Provide quality customer service at all points of contact with OFN borrowers and prospects as well as answer questions and advise customers regarding loans and transactions with OFN borrowers and prospects

Requirements:

Education and Experience

  • Bachelor’s Degree or 5-7 years of work experience in lieu of a degree
  • 1-3 years of experience in financial statement analysis and credit underwriting in a commercial lending environment desirable
  • Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable
  • Experience or knowledge of the CDFI Industry a plus
  • Experience or volunteer work in nonprofit or small office environment a plus

Knowledge, Skills, Abilities and Physical Requirements

  • Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
  • Superior interpersonal skills and ability to work constructively with diverse constituents is required
  • Ability to analyze non-profit financial institutions’ financial statements required
  • Ability to understand loan documentation
  • Strong organizational skills and ability to manage multiple tasks under moderate supervision in and effective and efficient manner required
  • Ability to work independently or in team environment as required
  • Understanding of and commitment to opportunity finance required
  • Proficient with MS Office Products/Internet
  • Job involves normal physical requirements for an office position.
  • Some travel required (10% of time)

Compensation:

Commensurate with experience

How to Apply:

To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF135.

SVP, Financial Services (Bond) Opportunity Finance Network
Washington, DC
Job Function: Financial Services
Posted: April 19, 2018

Background:

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

Position Summary:

The SVP, Financial Services contributes to the growth in influence and impact of OFN’s Financial Services through working to increase responsible and affordable capital for the CDFI industry.

The position is responsible for the expansion and implementation of OFN’s participation in the U.S. Treasury CDFI Bond Guarantee Program as a Qualified Issuer. Helps OFN successfully play its role as a "go between" financier to the broader CDFI community by offering long-term credit at below-market interest rates. Works with the CDFI Fund and other parties to expand access to more CDFIs and provide training to Eligible CDFIs.   Insures that more CDFIs have access to this program that incentivizes and empowers CDFIs to execute high impact projects including real estate, housing, daycare or healthcare centers, and municipal infrastructure.

Essential functions for the position include managing a team that helps CDFIs through the phases of application, underwriting, closing and bond disbursement, and in servicing, compliance and reporting to the US Treasury CDFI Fund. The SVP works closely with VP, Operations to contribute to the success of the overall OFN Financial Services team.

Responsibilities:

  • Manage all aspects of OFN participation as Qualified Issuer in the CDFI Bond Guarantee Program.
  • Build upon established practices for guiding CDFIs in the application, closing, disbursement, compliance and reporting phases of the CDFI Bond Guarantee Program.
  • Source Eligible CDFIs and structure high quality multi-party bond issuances.
  • Collaborate with senior leadership of OFN on relationship management with OFN borrowers
  • Collaborative member of the Financial Services Strategies Team in the development of new financial programs at OFN
  • Work in partnership with the CDFI Fund to expand access and eligibility to the CDFI Bond Guarantee Program
  • Assist on enterprise-wide initiatives as required
  • Manage the following activities with subordinate assistance:
    • Ensure compliance with government regulations, OFN policies and procedures and provides correction of inconsistencies and monitors error resolution
    • Oversee loan closing, documentation and processing duties

Requirements:

Education and Experience:

  • Bachelor’s Degree and 12 years work experience required; Master’s Degree preferred
  • 7+ years of direct experience in the financial services field; direct lending experience required
  • 5+ years supervisory experience required
  • Experience in financial statements analysis and credit underwriting required
  • Experience in lending required; experience in lending to financial and/or non-profit institutions will be an advantage
  • Exposure to complex financial transactions and deal structures a plus
  • Experience in nonprofit or small office environment a plus

Knowledge, Skills, Abilities, and Physical Requirements:

  • Superior analytical, problem solving, and organizational skills required
  • Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
  • Management, leadership and motivational ability required
  • Ability to understand and modify financial statements in order to perform credit and financial underwriting is required
  • Ability to perform and recommend best practice approaches to loan documentation is required
  • Superior interpersonal skills and ability to work well with diverse constituents is required Knowledge of and commitment to community development preferred
  • Ability to work independently or in team environment as required
  • Ability to independently manage multiple tasks effectively and efficiently
  • Modest travel required (25% of time)
  • No extraordinary physical requirements beyond ability to travel. 

Job involves normal physical requirements for an office position.  

Compensation:

TBD

How to Apply:

To Apply visit our online application portal at: https://theapplicantmanager.com/jobs?pos=OF136

Chief Financial Officer (CFO) NewTown Macon, Inc.
Macon, GA
Job Function: Accounting
Posted: May 17, 2018

Background:

NewTown Macon, a 501©3 non-profit organization, is the driving force behind revitalization in downtown Macon, Georgia. NewTown is one of the most dynamic, comprehensive and innovative revitalization non-profits in the country. Formed in 1996, NewTown has leveraged more than $600 million of investment in the urban core during its existence. NewTown’s mission is to “attract, leverage and invest in self-sustaining transformation” in downtown Macon by increasing the number of residents living in downtown, growing jobs, creating a sense of place, and advocating for progress.

NewTown is a small office where professionals manage their own time independently within their area of responsibility. Employees must be self-motivated problem solvers and must deploy their skills and abilities to bolster their colleagues, contribute to the success of the organization as a whole and fulfill our mission. Because the staff is small, tasks and projects shift across job descriptions fluidly as we encounter new opportunities and challenges. 

To learn more about NewTown, visit www.newtownmacon.com.

Position Summary:

The CFO is a full-time, senior-level, salaried position responsible for fulfilling our mission by developing, maintaining and managing finances, insurance, risk management and human resources of NewTown and its subsidiaries, using policies and procedures approved by the Board of Directors.   With limited assistance, the CFO manages all accounts payable and receivable.  The CFO works closely with the CEO to develop, implement and run an annual operating budget.  In addition, the CFO coordinates all audit activities for the organization.  The organization’s revenues average $2.5 million annually, with current assets totaling approximately $10.8 million. This position reports to the President and CEO and works closely with staff and Board members.  

The successful employee will be trust-worthy, diligent, organized, detail-oriented with a self-motivated ability to deliver accurate on-time reports.  The employee will also be able to communicate complex financial concepts in terms that are easy for staff and volunteers to understand.  The employee will have a proven track record of setting priorities and managing budgets, who can strengthen all aspects of our mission by increasing efficiency.

On a daily basis, the CFO is responsible for receiving all income and requests for payment, logging them in QuickBooks Premier Nonprofit 2017, and processing the related payments and deposits.  Once a month, the CFO must produce a Generally Accepted Accounting Principal (GAAP) financial statement, along with a manual financial statement of operating activities, tracking unrestricted income and expenses.  In addition to the usual non-profit financial management tasks, the CFO also accounts for related activities that NewTown undertakes to fulfill its mission including small business and real estate lending (currently 19 loans totaling more than $6 million), real estate development (including tax credit syndication partnerships), real estate leasing and management (currently 66 tenants), and a self-taxing Business Improvement District (also known as a BID [see O.C.G.A. 36-43]).  Based on these diverse activities, the successful candidate will be literate in non-profit, for profit and public accounting best practices.

Responsibilities:

  • Supervise payroll, billing, receivables, payables, cash receipts, cash disbursements, and general ledger functions. - 30% of job
  • Produce monthly financial statements including balance sheet, profit/loss statements, and accumulative general ledger using a computer-based accounting system - 10% of job
  • Ensure that all general ledger accounts are reconciled to subsidiary records on monthly basis - 10% of job
  • Monitor cash flow and investments- 10% of job
  • Prepare necessary work papers and oversee filing of tax forms including the annual Form 990- 10% of job
  • Prepare necessary work papers and oversee the annual audit- 10% of job
  • Evaluate and mitigate risks by securing, maintaining and updating necessary insurance coverage, including filing claims- 5% of job
  • Coordinate human resources, such as processing new employees and securing and processing benefits-  5% of job
  • Reconcile bank and investment accounts and prepare related journal entries- 5% of job
  • General administrative tasks and other assignments to support the office and management- 5% of job

Requirements:

  • Bachelor’s degree in business, accounting, management, finance or a closely related field
  • Three years of experience in a position with relevant responsibilities to this opportunity
  • Advanced computer literacy, including proficiency with Microsoft Office Suite and QuickBooks
  • Experience managing finances for a comparable organization
  • Experience creating and driving analytic framework for planning and managing finances and organizational impact
  • Experience with legal, audit, compliance, budget, insurance, human resources, risk management and resource development

Compensation:

Salary: $80,000 per annum plus benefits

Benefits: 13 paid holidays, 20 PTO days, flexible work schedule, health insurance (employer pays 80% of premium), gym membership, short- & long-term disability and 4% retirement match 401k

How to Apply:

To apply for this position, please email a cover letter, resume and contact information for three references to hr@newtownmacon.com before 5pm on Friday, June 1, 2018.

Salesforce Project Manager & Administrator Boston Community Capital
Boston, MA
Job Function: Administrative/Operations/IT
Posted: May 17, 2018

Background:

We are a national nonprofit organization dedicated to building healthy communities where low-income people live and work. Since 1985, BCC has invested over $1.4 billion in projects that provide affordable housing, good jobs, and new opportunities in low-income communities, connecting these neighborhoods to the mainstream economy.  BCC has leveraged over $7 billion in public and private investment in underserved communities nationwide. Through several distinct business lines BCC reinvigorates communities in many ways, such renovating commercial real estate in distressed neighborhoods, introducing solar power to help contain energy costs of low-income families, providing financing for home owners facing foreclosure, and financing community health centers as well facilities that house child care, youth programs, charter schools and other organizations that provide essential social services.

We are committed to assuring that the entrepreneurial spirit that has fueled Boston Community Capital’s success for its first 30 years continues to be its driving force.  We focus closely on the changing and complex needs of the families and the communities we serve, working to expand the dynamic sources of capital available to bring change and opportunity to our communities, and to partner with diverse constituencies – individuals and institutions who share our goals of creating wealth, opportunity and lasting change at a significant scale.

BCC’s groundbreaking work has been featured in The New York Times, The Boston Globe, The Chronicle of Philanthropy, The Nation, US News and World Report, The Huffington Post, The Los Angeles Times, The Economist, and The Christian Science Monitor, and on NPR’s All Things Considered, PBS NewsHour, CBS Evening News, MSNBC’s All In with Chris Hayes, and Fox News.
  
The organization’s headquarters are in the Dudley Square neighborhood of Boston. To learn more about BCC, visit www.bostoncommunitycapital.org or follow us on Twitter @bococapital.

Candidates who reflect the diversity of the communities we serve and have a deep and demonstrated commitment to social equity are strongly encouraged to apply for employment.

Position Summary:

Boston Community Capital is seeking a highly-motivated and experienced Salesforce Project Manager & Administrator (“Salesforce Manager”) to have primary responsibility for managing Salesforce across multiple business lines. The Salesforce Manager will work closely with senior leadership (including the President of the Loan Fund, Senior Vice President of Impact and Learning, Chief Communications Officer, General Manager of the SUN Initiative and Senior Vice President of Operations) and our external consultants to implement and manage Salesforce as well as take ownership of the underlying data across a range of business lines and departments. The Salesforce Manager will specifically focus on business process improvements surrounding Development and Communications, Investor Management, Loan Fund portfolio and pipeline management, and Impact Reporting.  This position reports to the Senior Vice President of Operations.  The Salesforce Manager is pivotal to the continued success and national growth of the organization and operates in a collaborative, cooperative, team environment.

Responsibilities:

  • Lead Salesforce projects with strong organization and people management skills, managing cross functional teams to ensure project quality and timeliness
  • Drive CRM roadmap and enhancements to ensure they meet the strategic goals of the business
  • Manage relationship with external Salesforce development consultants
  • Lead implementation and ongoing development of Salesforce and related systems / data stores
  • Steward data quality, data access, and data integration
  • Identify high-priority opportunities for Salesforce to improve business processes
  • Achieve stakeholder buy-in and facilitate adoption of solutions and process change and develop interventions to promote user adoption
  • Develop, document, and perform on-going training for staff
  • Manage third-party applications and integration tools

Requirements:

  • Undergraduate degree required
  • 3+ years of Salesforce administration experience
  • Salesforce Administrator Certification preferred
  • Comfortable with complementary tools and add-ins: Data Loader, Tableau, FormAssembly, Campaign Monitor, and Conga Composer
  • Strong troubleshooting and problem-solving capabilities
  • Efficient and task oriented
  • Able execute solutions from cradle to grave
  • Excellent analytical skills; able to ascertain business needs
  • Excellent interpersonal and communication skills
  • Demonstrated commitment to BCC’s mission
  • Ability to manage a variety of projects from multiple team members simultaneously
  • Demonstrated ability to maintain accurate electronic files and database systems

Compensation:

Salary is competitive and commensurate with experience within the guidelines of Boston Community Capital’s scale. The position comes with excellent benefits including medical, dental, life and long-term disability insurance, as well as generous vacation and employer contributions to a retirement account.

How to Apply:

The position is open until filled. Please submit a resume and cover letter to the attention of Andrew Koh, Senior Vice President, Operations at https://bostoncommunitycapital.recruiterbox.com/jobs/fk0f9vs?cjb_hash=O_tkNP21&apply_now=true.

No calls please. Due to the high volume of applications, Boston Community Capital cannot return phone calls about the position and, regrettably, cannot notify applicants of the status of applications unless an interview is requested.

Boston Community Capital is an equal opportunity employer. Boston Community Capital is committed to a policy of equal employment opportunity for all employees or applicants for employment without regard to race, color, religion, gender, age, national origin, ancestry, sexual orientation, physical or mental disability, genetic information, veteran status or other protected status in accordance with applicable federal, state and local laws.

Controller CSH
New York, NY
Job Function: Finance
Posted: May 17, 2018

Background:

For over 25 years, CSH has been a game-changer for the most vulnerable people in our country:

  • Helping communities create 200,000 homes for individuals and families who did not have one;
  • Bringing hope to thousands who thought they would live on the streets or reside in institutions forever; 
  • Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps; 

Position Summary:

Working for CSH:

If you have a desire to make a difference for people and families we have a place for you. Not only has CSH proven supportive housing works and does change the lives of individuals facing acute disabilities, complex medical and mental conditions, substance use disorders and economic barriers, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Controller in our Finance Team. The Finance Team is an integral part of CSH focusing on efficiency, accuracy and transparency of business support services. This position will be based in New York, New York.

The Position:

Reporting to the Chief Financial Officer, the Controller will be responsible for accurate and timely financial and accounting functions for the organization and for CSH’s fifteen affiliated LLCs. He/she will oversee CSH’s audits; ensure internal controls in accordance with GAAP; and manage all accounting related activities including accounts payable and receivable, general ledger, payroll, relationship management with banks and other vendors, and supervision of CSH’s accounting team. 
CSH is a collaborative organization and in this role you will work closely with the CFO and CSH’s leaders in an environment that supports continuous learning and improvement while ensuring adherence to appropriate accounting practices and reporting mechanisms. 

Responsibilities:

  • Manage all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements as well as the requirements of private contributions, loans and government contracts.
  • Maintain internal control safeguards for the receipt of revenue, costs and both team and organizational budgets and actual expenditures.
  • Implement consistent accounting policies, practices and procedures across all programs.
  • Prepare periodic financial statements and analysis for internal and external audiences. 
  • Lead and coordinate all audit activities, all tax reporting, and compliance with financials rules and regulations.
  • Provide leadership and direction over accounting functions and staff. 
  • Develop successful financial strategies and make recommendations to the CFO and senior management regarding financial and accounting systems. 
  • Work on continuous improvement of all finance and accounting systems (including general accounting, payroll, accounts payable and receivable; and grant and contract administration) and ensure the organization maintains state of the art systems, policies and procedures as they related to accounting practice.
  • In conjunction with the CFO, establish financial and operating benchmarks, program monitoring and reporting standards. 
  • Participate in a wide variety of special projects and compile a variety of special reports.
  • Coach, mentor and supervise direct reports, building on strengths and supporting development and training as needed.

Requirements:

All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect. 

Specific skills and experience include:

  • Bachelor’s degree in accounting required, CPA preferred.
  • 10+ years of prior experience at Controller level role at not-for-profit. Equivalent experience may substitute for education.
  • Passion for the CSH mission and possession of the leadership and management skills necessary to advance and realize CSH’s vision and further enhance the organization’s reputation in communities that it serves.
  • Previous experience with and comprehensive knowledge of fund accounting principles and practice.
  • An ability to work with internal colleagues and partners with a focus on problem solving in a positive and customer service focused approach.
  • An ability to communicate clearly and simply, and the ability to think strategically.
  • Successful supervision of professional staff, hands on management style.
  • Ability to take initiative and pursue goals with minimal supervision. 
  • The finance team is located in New York but he/she must be comfortable working with virtual stakeholders as most of the work with programmatic leaders and internal stakeholders occurs via telephone and email.
  • Proficiency in using Microsoft Office Suite including Word, Excel, Power Point and Outlook.
  • Sound business ethics, high level of integrity and ability to preserve sensitive and confidential data. 

Compensation:

Commensurate with Experience

How to Apply:

Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.

https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=67&source=3

CSH is proud tht it has been and always will be an Equal Opportunity Employer

Deputy Chief Financial Officer SEIU International
Washington, DC
Job Function: Accounting
Posted: May 15, 2018

Background:

We are the Service Employees International Union, an organization of 2-million members united by the belief in the dignity and worth of workers and the services they provide and dedicated to improving the lives of workers and their families and creating a more just and humane society.

Position Summary:

SEIU (Service Employees International Union)

Job Title: Deputy Chief Financial Officer Grade: MGT H - Starting Salary $134,102.00/ Yr

Location: Washington, D.C.

Purpose:

This position is responsible for managing the daily operations of the Finance department, and is tasked with implementing the highest level of financial performance, strategic planning, reporting and analysis. The Deputy CFO is also responsible for working with other senior managers in the organization to facilitate large financial decisions and transcations. This role will be active in developing and implementing policies that support the Union's goals by providing a highly effective financial operation. As a director within the organization, this position will be required to operate with a high level of discretion, judgment and integrity as a steward of member financial resources.

Responsibilities:

(Any one position may not include all of the specific duties and responsibilities listed. Examples provide a general summary of the work required and should not be treated as a total and complete list of expected duties to be performed by employees in the classification.)

  • Directly support the Chief Financial Officer in ensuring the financial integrity of the Union, in planning the overall financial strategy and budget of the Union, in staffing the Secretary-Treasurer, Officers and Finance Committee of the Union and in managing the relationships with key outside providers, including lenders and auditors, and informing high-level decision-making processes, including internal SEIU policies and financial decisions.
  • Manage the senior Finance staff, including but not limited to the Director of Accounting and Budget and the Director of Assets and Treasury, and establish goals for both of their roles and the overall finance department.
  • Support the Chief Financial Officer in delivering financial information to and facilitating financial conversations with senior managers and Union officers.
  • Advise the elected Officers, Chief of Staff and Chief Financial Officer on sensitive issues related to International Union and affiliate finance issues.
  • Interfaces directly with local union leaders and staff on financial issues. Works with the Secretary-Treasurer, Chief of Staff and Chief Financial Officer on highly sensitive financial issues.
  • Lead and manage transformative change in financial performance that fully matches the changing environment of a growing organization.
  • Continually innovate to provide the organization with metrics that measure financial results against multiple strategic priorities.
  • Collaborate with senior managers, including Department and Division Directors, in the organization to support their programs and facilitate sound financial processes and decision making.
  • Assist in technology decisions and other workflow designs to foster integration of financial data with the other key information the organization utilizies
  • Develop and manage an operational staff to support the various functions within the finance department.
  • Manage relationships with third-party vendors providing financial services, including a corporate credit card program and employee expense systems.
  • Work with the Legal Department to oversee on behalf of the Department SEIU's financial regulatory compliance, and serve as the primary finance liaison to the Federal Elections Commission, Department of Labor and Internal Revenue Service on the regulatory compliance matters of SEIU and SEIU-controlled entities.
  • Manage recruitment, development and succession planning for all finance staff and foster an overall culture of excellence and high performance.

Requirements:

Direction and Decision Making:

  • This position reports to the Chief Financial Officer.

Education and Experience:

  • Master's degree in business (MBA), finance or accounting and five (5) years experience in a finance-related field.

Equivalency:

  • Bachelor's degree in finance-related field and ten (10) years experience in a finance-related field.

Applicants must be able to demonstrate the following knowledge, skills and abilities:

  • Ability to manage multiple people and projects.
  • Ability to communicate clearly and effectively with SEIU managers and administrative staff in both written and oral presentation.
  • Ability to multi-task, establish priorities and effectively organize work in a changing environment.
  • Ability to maintain flexible attitude and approach toward assignments and actively engage others in building teams.
  • Ability to apply business intelligence concepts to a large, multi-faceted organization.
  • Knowledge of complex financial metrics, accounting principles and processes.
  • Ability to develop tailored key performance indicators (KPIs).
  • Ability to structure and analyze complex financial reports.
  • Ability to calculate standard financial ratios (current, liquidity, turnover, etc.)
  • Ability to utilize sensitivity analysis and provide scenario analysis to support decision-making.
  • Ability to think critically and analytically in linking financial data to qualitative information.
  • Ability to communicate sensitive information to principals.
  • Proficiency in Microsoft Office software.

Physical Requirements:

  • Work is generally performed in an office setting. Long and extended hours and occasional travel may be required.

Application Requirements:

  • A resume is required for all applications and a cover letter is highly suggested. Your cover letter should explain your reason for wanting to work for SEIU, an example of how you demonstrated success in a similar position and a description of how this position fits into your long-term career plan.

Benefits:

  • SEIU staff enjoy top notch benefits including comprehensive health benefits, major medical, dental and vision for employee and eligible dependents, domestic partner benefits, competitive salaries, generous holidays and vacation policies, and both a pension plan and a 401(K) Plan.

***********************************

SEIU is an Equal Opportunity Employer.

Compensation:

$134,101 to $134,102 yearly wage

How to Apply:

Apply Here: http://www.Click2apply.net/yb7zx6q79bnvhnfg

Business Development Officer Capital Impact Partner
Detroit, MI
Job Function: Business Development
Posted: May 14, 2018

Background:

BUILDING COMMUNITIES OF OPPORTUNITY: We believe that every community should be built on a foundation of equity, inclusiveness and cooperation. This requires us to break down the barriers to success by addressing key social and economic justice issues. That is why we have dedicated our mission to delivering both the capital and commitment that help people build strong, vibrant communities of opportunities. Places where all people have access to high quality services that foster good health, economic growth, and interconnectedness.

Capital Impact Partners transforms under served communities into strong, vibrant places of opportunity. As one of the largest certified Community Development Financial Institutions in the country, we have a 30 year history of delivering strategic financing, social innovation programs and capacity building that create social change and deliver financial impact nationwide. To date, Capital Impact Partners has used its depth of experience, cooperative approach, and network of alliances to invest more than $2B in opportunities that create a high quality of life for low income individuals and communities across the country, including access to high-quality healthcare, education, healthy foods, housing, and eldercare. We draw on our shared values of cooperation, commitment, leadership, innovation, trust, and diversity as we work to redefine how innovation can create opportunities for under served Americans.

Position Summary:

Capital Impact Partners seeks a Business Development Officer to strengthen its Business Development Group. The Business Development Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions. The ideal candidate will have a passion for work in community development and social impact, 4-6 years of experience in lending.  Knowledge of New Markets Tax Credits (NMTC) and CDFIs is helpful.

Responsibilities:

The Business Development Officer will:

  • Contribute to loan production goals by identifying lending opportunities and referring them to the loan origination team.
  • Market Capital Impact lending products and services to existing and new customers and strategic partners.
  • Respond to loan inquiries and screen potential loan transactions to ensure alignment with Capital Impact’s lending strategy, credit guidelines and loan products/programs availability.
  • Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context).
  • Manage and attend conferences, events and represent Capital Impact on panels at conferences, workshops and webinars.
  • Manage relationships with partners and existing and new borrowers.
  • Work closely with all lending staff to assure excellent customer service.
  • Participate in strategic planning and innovation process.
  • Manage loan pipelines for Capital Impact programs and funds.

Requirements:

  • Bachelor’s degree required. Advanced degree in business, finance or related field preferred.
  • 4-6 years of lending experience. Community development underwriting, knowledge of Capital Impact’s major sectors and NMTC is a plus.
  • Ability to travel up to 50% of the time
  • Familiarity with federal, state and local community development programs, particularly programs that finance senior facilities, educational facilities, federally-qualified health centers and affordable housing
  • Experience in commercial real estate or grocery lending is a plus.
  • Candidates should have strong sales and communications skills
  • Passion for mission driven work and projects that support underserved communities in the United States.
  • Excellent organizational skills with high attention to detail.
  • Excellent verbal/written communication skills.

Compensation:

DOE

How to Apply:

Please use the following link to apply to the position: https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=1979855

Chief Executive Officer Alternatives Federal Credit Union
Ithaca, NY
Job Function: Administrative/Operations/IT
Posted: May 14, 2018

Background:

Alternatives Federal Credit Union is a Community Development Financial Institution (CDFI), dedicated to building wealth and creating economic opportunity for underserved people and communities, while providing traditional credit union services to its service area. It is a Community Development Credit Union (CDCU), member-owned, locally controlled and self-supporting, whose purpose is to meet the financial needs of the members of its community. Alternatives specializes in providing financial education and counseling and other supports for its members, assisting people to move from transacting to saving, to credit building and owning assets.

Since its founding in 1979 by a group of co-op businesses in Ithaca, NY to fill a need in financing of co-ops and small businesses in the area, Alternatives has grown in assets to just over $100 million, and to a membership of just over 10,000. Now for nearly 40 years, Alternatives has been a national leader and innovator in the world of CDCUs, providing convenient and flexible financial services to its members, as well as creating a broad range of new programs to better meet the changing needs of its members and the underserved in Ithaca.

Alternatives is regulated and federally insured by the National Credit Union Association (NCUA) and is certified by the Community Development Financial Institutions Fund of the US Treasury Department. It is an active member of the National Federation of Community Development Credit Unions, the NYS CDFI Coalition and the NY Credit Union Association.

Alternatives offers members a full-range of financial services, ranging from checking, savings and mobile banking, to consumer, mortgage and business loans from a single facility located near downtown Ithaca, as well as a network of ATMs around Ithaca. With a full suite of consumer banking services available online, the single facility is less of an obstacle to excellent customer service than it might otherwise be.

 

For more information about the range of services offered, visit alternatives.org.

In addition to the credit union, Alternatives also has two other affiliates: Alternatives Impact and the Alternatives Fund. Alternatives Impact is a 501(c)(3) organization which can receive tax deductible contributions to support the community programs, and the Alternatives Fund is a 501(c)(6) organization that can engage in lobbying and provide other supports to the credit union.

Alternatives is currently in a very stable position, both in terms of its financial position and its staffing. It has established solid management systems, a strong balance sheet, an experienced and creative staff, and a very positive reputation, both locally and nationally. It has consistently passed its NCUA examinations with flying colors, even though its community development mission is not always fully appreciated by the examiners. Throughout its history, it has developed a distinctive participatory organizational culture which has helped its low-income members and newer staff feel more connected with the organization.

The organization finished 2017 with total assets of nearly $104 Million, including nearly $78 Million in loans, primarily in mortgages. This was against total member deposits of just over $92 Million. Net interest income in 2017 was $3.56 Million, resulting in organizational net income of $506,000 for the year. This represents continuation of steady financial growth over the past decade which has seen both deposits and loans more than double. Even so, Alternatives management and Board see great potential for further growth. The most recent strategic plan calls for annual growth in assets of 8% and growth in loans of 10% over the next 5 years.

Alternatives has a large staff for a credit union of its size to support the extensive range of community programs and its community empowerment mission. The current staff of 50 is led by a management team with key positions including CFO, Chief Lending Officer, Branch Manager, Director of Community Programs and Outreach, and General Counsel. The Loan Department has a staff of 10, making consumer, business and mortgage loans, as well as providing an unusual degree of technical assistance to borrowers. The Branch (retail banking) has a staff of 14, mostly a team of tiered tellers. In addition, there are 7 members of the Community Programs Team leading community and financial education activities and service programs like the Volunteer Income Tax Program, Student Credit Union, and Business CENTS. Other key positions include human resource, compliance, project management, accounting, information technology, marketing and development directors.

Alternatives is governed by a 12-member Board of Directors from among the Credit Union’s membership. They work through an active committee structure that includes loan policy, member experience, finance, human resources, governance, community relations and evaluation, and supervisory committees. The Directors bring a combination of professional credentials in cooperative or nonprofit management, law, finance and a deep understanding of community needs in Ithaca.

Position Summary:

The Chief Executive Officer is the chief staff member and Alternatives’ primary representative to members, the local community, and to other organizations, including governmental regulators. S/he effects the vision and mission of Alternatives for the benefit of the members and the community, as articulated by the goals and policies set by the Board of Directors, and directs the overall operations of the organization and its affiliates to ensure that the vision, mission, work plan and budget are met, leading and managing the staff. The CEO is ultimately responsible for management and program operations, hires and supervises staff, interfaces with staff in specific program areas, supports the Board and its committees and supervises consultants, when necessary. Reporting to the Board of Directors, the CEO’s responsibilities can be grouped in four major areas: external relations, strategic planning, resource development, and organizational management.

Responsibilities:

The CEO is the primary spokesperson for the organization, and represents Alternatives to the broad range of publics it touches, not only in the Ithaca region, but also nationally. These include the credit union members, the residents, businesses, community and political leaders of Ithaca and Tompkins County in which Alternatives is based, and the users of Alternatives’ services, as well as many partners from beyond the local community. Those external partners include the many federal, state and local governmental agencies (e.g. NCUA, CUNA, CDFI Fund) that relate to Alternatives’ comprehensive range of programs and activities, the state and national coalitions that support and share Alternatives’ mission and goals (NFCDCU, NY Credit Union Association, Opportunity Finance Network, etc.) and other community and private sector leaders in Ithaca, whose partnership is critical to many of Alternatives’ initiatives. This requires the ability to articulate Alternatives’ social justice values and economic empowerment mission.

In strategic planning, the CEO works closely with the Board and senior management to shape the organization’s direction. This includes both the identification and assessment of new strategies and initiatives that might continue Alternatives’ identity as a trailblazing organization, and planning for the careful utilization of human and financial resources. Of particular concern to Alternatives is the ongoing question of when to stretch further to address changing community needs and priorities, and when to consolidate the existing broad range of programs and activities. In addition, annual program and financial plans need to be developed and implemented, with an eye toward carrying out Alternatives’ mission objectives and strengthening its own capacity to sustain itself.
 
A third major responsibility for the CEO is that of organizational development. In this role, s/he will maintain an ongoing knowledge of technological and product innovations relevant to Alternatives, and support and implement promising innovations, subject to Board approval as major changes. This includes implementing new services and programs and securing the revenues necessary to support them, consistent with the organization’s mission. This means gradually reducing reliance on grant support for community programs via its 501(c)(3) affiliate, Alternatives Impact, and achieving organizational growth to a scale that provides adequate internal support. Alternatives has a long history of attracting resources from a very wide range of sources for its innovative programming, but recognizes that such funding is dwindling. The CEO plays a key role in communicating with and nurturing funders, along with the Director of Development.

Finally, the CEO is Alternatives’ chief administrator, with oversight responsibility for program, organizational finances and management systems. Central to that effort is assuring the continuing presence of capable staff and quality systems. Working closely with and through the senior management team, the CEO must maintain a strong results orientation with clear performance indicators. This requires also maintaining a solid understanding of the financial condition and operating characteristics of both the many lines of business and program components that comprise Alternatives, and the organization as a whole, and the ability to communicate that condition clearly to the Board both through financial reports and appropriate commentary. Finally, and by no means least important, the CEO is responsible for creating a work environment that challenges and encourages staff, and enables them to achieve their greatest level of effectiveness and develop professionally.

Requirements:

The ideal candidate will demonstrate the following professional qualifications:

  • At least 10 years of organizational leadership experience, preferably including direct credit union management experience;
  • At least 5 years of retail financial service experience with a general understanding of community development finance tools and processes, as well as credit union systems and regulations;
  • Demonstrated broad knowledge of and contacts within the credit union industry and/or the community development finance field, ideally including contacts within NY state;
  • At least 10 years of executive level management experience, ideally including some experience with a community development financial institution;
  • Demonstrated entrepreneurial aptitude to successfully manage continued growth of all aspects of the operation;
  • Demonstrated record of successful financial management, including profit and loss responsibilities;
  • Outstanding skills in oral and written communication;
  • Demonstrated strong strategic planning and financial analytical skills;
  • Demonstrated skill, experience, and success leading an engaged and participatory staff;
  • Appropriate combinations of education and professional experience resulting in a strong capability in financial and organizational management;
  • Must be bondable.

Personal characteristics

The ideal candidate will demonstrate the following personal characteristics:

  • Clear commitment to Alternatives’ mission of building wealth and creating economic opportunity for underserved people and communities;
  • Clear action orientation and strong motivational skills;
  • Widely recognized leadership and personnel management skills;
  • Reputation for creativity and innovation in achieving goals;
  • Strong communication skills, including listening, speaking and writing in order to learn from and to inform and to influence a variety of audiences;
  • Demonstrated comfort in working in and with diverse communities and organizations;
  • A collaborative personal style that works in partnership with others – including members, staff, volunteer leaders and external partners;
  • Personal flexibility to work with a broad range of personalities, cultures and styles; and
  • A high degree of emotional intelligence.

Compensation:

The salary range for the position is commensurate with experience and comparable with that of other credit unions of similar size. In addition, Alternatives provides a comprehensive and flexible benefits package.

How to Apply:

For more information, or to apply, contact:

David Erickson-Pearson, 
Erickson-Pearson Search 
8801 Creekside Way
Highlands Ranch, CO 80129

Phone: 303 -703-6165
Email: epdavid@earthlink.net

Small Business Consultant Westminster Economic Development Initiative
Buffalo, NY
Job Function: Business Development
Posted: May 10, 2018

Background:

Organization Mission: WEDI's mission is to empower economically disadvantaged people in Buffalo, New York. Organization Overview: Since 2007, WEDI has served the City of Buffalo by tutoring children, building and rehabbing housing, and developing businesses through training, microlending, and small business incubation/acceleration. We primarily work with refugees, immigrants, and low-income individuals with programs and services tailored to these communities. Each year, we have over 250 people interested in small business consulting and currently service a loan portfolio consisting of over 75 companies. Websites: www.wedibuffalo.org / www.westsidebazaar.com Phone Number: 716- 393-4088

Position Summary:

This position is responsible for overall coordination and delivery of WEDI’s business counseling and technical assistance for clients with a specific focus on women- and minority-owned businesses with high-growth or operational scaling potential. The essential functions include: (1) maintaining strong customer relationship with clients; (2) supporting clients in building business management skills through counseling while also developing and managing a business educational program for them to follow; and (3) social impact tracking and reporting. This position reports to the Economic Development Director and works closely with WEDI’s Business Technical Assistance Coordinator to meet overall organizational objectives and serve the needs of disadvantaged entrepreneurs.

Responsibilities:

● Recruit Buffalo and Western New York-based small business owners interested in accessing
business training, technical assistance, and business loans;
● Assess client needs and provide direct business advice and counseling through site visits;
● Develop action plans for clients to achieve goals, monitor client progress, and document
outcomes;
● Assist client in creating cash flow projections and empower them to analyze financials in order to
provide guidance in making business management decisions;
● Provide recommendations to the lending and portfolio management team on how loans should be
structured to fit the specific needs of the business and the borrower;
● Coordinate systematic and regular collection of clients’ financial statements and other records to
evaluate impact and effectiveness of WEDI’s lending program;
● Collect, track, and enter data in the organization’s database in a timely fashion, as required by
funders and to ensure WEDI meets it mission;
● Recruit prospective volunteer business mentors and successfully pair clients with mentors who
will assist clients in the execution of action plans and other training materials;
● Connect clients to networking opportunities;
● Provide Economic Development Director with programmatic adjustment recommendations.

Requirements:

● Bachelor’s Degree or equivalent experience;
● Two or more years of demonstrated work experience in small business ownership, business
planning, business development, and/or business counseling;
● Superior strategic, analytical, and organizational skills;
● Superior written and verbal cross-cultural communication skills with an emphasis on clarity,
conciseness, and relevance;
● Ability to work independently and meet strict deadlines;
● Ability to communicate effectively and establish and maintain professional relationships with
individuals of varying social and cultural backgrounds and with co-workers at all levels;
● Ability to maintain confidentiality.

Compensation:

Commensurate with education and experience

How to Apply:

Compensation will be commensurate with education and experience. WEDI includes health insurance with a full-time position. Please send a resume, cover letter, and salary requirements to Yanush Sanmugaraja , Economic Development Director, at ysanmugaraja@wedibuffalo.org.

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