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. If you need to edit or remove a posting, please contact info@ofn.org. Submissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Communications Associate Opportunity Finance Network (OFN)
Washington, DC
Job Function: Marketing/PR
Posted: August 26, 2019

Background:

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

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

To learn more, visit www.ofn.org

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

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

Background:

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

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

To learn more, visit www.ofn.org

Position Summary:

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

Responsibilities:

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

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

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

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

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

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

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

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

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

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

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

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

Requirements:

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

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

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

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

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

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

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

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

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

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

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

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

  • Job involves normal physical requirements for an office position.

Compensation:

Commesurate with experience.

How to Apply:

  

Member Engagement Associate Opportunity Finance Network (OFN)
Washington, DC
Job Function: Community Outreach
Posted: July 18, 2019

Background:

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

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

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:

 

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

Background:

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

Position Summary:

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

Responsibilities:

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

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

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

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

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

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

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

Requirements:

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

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

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

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

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

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

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

  • Advanced knowledge of MS Excel and financial modeling skills.

  • Commitment to community and economic development.

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

  • Some travel required (25% of time).

Compensation:

Commesurate with experience.

How to Apply:

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

Loan Officer Nonprofit Finance Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: September 17, 2019

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...

Director of Capital Development Greater Minnesota Housing Fund (GMHF)
Saint Paul, MN
Job Function: Other
Posted: September 17, 2019

Background:

Greater Minnesota Housing Fund (GMHF) is Minnesota’s leading nonprofit affordable housing lender, providing a diversified range of products including predevelopment, acquisition, construction, bridge, first mortgage financing and equity capital for affordable housing in all 87 counties of Minnesota.
GMHF is certified by the Department of Treasury as a Community Development Financial Institution (CDFI) to address the affordable housing needs of Minnesota’s under-served areas including cities, towns, rural areas, and tribal nations. As a mission-driven 501(c)(3) nonprofit organization, GMHF is committed to Housing First principles, recognizing that safe, decent, affordable housing provides the foundation for improved social impact including improved health, educational, and employment outcomes. Housing is also essential to the economic vitality of Minnesota’s communities.

GMHF is known for its innovative programmatic solutions to Minnesota’s affordable housing challenges, working with impact investors, employers, local government and philanthropy to collaboratively address statewide housing demands. In addition to its CDFI lending, GMHF operates two nonprofit subsidiary funds: Minnesota Equity Fund (MEF), an equity investment vehicle for socially motivated investors to finance affordable housing, and NOAH Impact Fund, which invests in the preservation of unsubsidized, affordable multifamily rental housing in the Minneapolis/St. Paul metro.

Each year GMHF lends or invests $60 million to $80 million to create and preserve affordable homes across Minnesota. GMHF also awards between $750,000 and $1 million annually in grants to assist nonprofits specializing in legislative policy, legal advocacy, tenant organizing, homebuyer training, manufactured home park preservation, planning and technical assistance, and other complementary activities. Since 1996, GMHF has financed over 15,800 safe, affordable homes for individuals and households with low incomes in more than 600 developments, serving 180+ communities.

GMHF provides impact investors with a range of opportunities to invest in their communities and create affordable homes and improve the life outcomes of low-income families and vulnerable adults. GMHF has attracted over $175 million of private investment capital and over $150 million in charitable contributions in its 23-year history.


For more information about GMHF, visit www.GMHF.com.

Position Summary:

The Director of Capital Development creates and implements the overall strategy for raising funds to sustain and expand the capital base of Greater Minnesota Housing Fund (GMHF) and its subsidiaries the Minnesota Equity Fund LLC (MEF) and the NOAH Impact Fund LLC (NOAH). Depending on the business line, this includes working with the management team to secure operational and program grants from philanthropic institutions, debt capital, and investment capital from private institutional investors, philanthropies, and public agencies.

The Director of Capital Development reports to the Chief Operating Officer. The Director of Capital Development is responsible for developing new business relationships and interacting on a daily basis with the CEO, key leadership, the lending/program staff, developers, and funders/investors. The position requires significant experience in raising capital, including demonstrated experience securing major federal grants, investments, and debt from institutional investors.

The Director also plays a lead role in strategic and business planning for the organization, measuring the organization’s outcomes and mission impact, and implementation of special initiatives related to new capital sources. The position requires experience in managing multiple complex projects throughout the development cycle, from initial concept to capital identification, including grant writing, funder relations, program implementation, reporting and outcome analysis.

Responsibilities:

Capital and Fund Raising
• Develop multi-year and annual capitalization plans that identify and quantify grants, loans (equity- equivalent debt investments [EQ2s] and program-related investments [PRIs]) and other capital sources for the organization in coordination with GMHF’s leadership.
• Conduct research on public and private funding sources (with emphasis on philanthropic, financial institution, state and federal, and corporate sources).
• Identify, cultivate and recruit impact investors from the banking, philanthropic, corporate and public sectors, coordinating with internal leadership, including outreach, presentations, program structuring, funding applications, and reporting.
• Conduct ongoing communications to establish and maintain investor engagement utilizing key internal leadership to broaden engagement.
• Assess viability of prospective investors and fit with GMHF programs and products in consultation with internal leadership.
• Write and submit initial inquiries as well as grant and investment proposals that reflect GMHF’s voice and vision to prospective funders to successfully achieve goals and objectives.
• Actively collaborate with program staff on program ideas, concepts, and funding prospects.
• Prepare persuasive reports and presentations for internal and external audiences.

 

Funder and Investor Relations
• Develop and manage investor and funder relationships.
• Sustain communications with funders and investors to generate ongoing future investments.
• Manage special initiatives related to new capital sources and manage relationships with major funding partners and agencies.

 

Fund Management and Reporting
• Manage all interim and final funder and investor reports including coordination with other staff as needed, ensuring all reporting requirements are met and conduct follow-up with funding agency staff as needed.
• Maintain a system to track all past, current and prospective funders with applicable organizational and contact information, grants received and reporting dates on all past and current funders, and status of communications with funders.

General
• Maintain a sound knowledge and understanding of GMHF’s programs and initiatives to be able to effectively seek new capital opportunities and accurately represent GMHF to potential funders.
• Work with GMHF leadership to design and develop strategic plans, including multi-year capitalization projections and analysis of growth opportunities, annual work plans and capitalization goals, innovative finance products and fund structures to match investor interest.
• Support emerging initiatives and capital formation needs at GMHF as needed.
• Other duties as assigned.

Requirements:

Minimum Qualifications
• 7+ years applicable experience in capital raising and fund development, including demonstrated ability to raise funding from major financial/institutional investors, government agencies & private foundations.
• Ability to write technical materials and narratives for specialized audiences.
• Ability to manage multiple, complex projects with a wide range of project management and monitoring requirements.
• Team oriented and able to employ a collaborative approach, demonstrate high level of emotional intelligence, and ability to cross-manage a team without direct supervision.
• Strong skills with business software required, including proficiency in MS Excel and MS Word.
• Bachelor’s degree from a 4-year college or university required.

Preferred Qualifications
• Experience with government relations, federal agencies, and financial/institutional investors.
• Understanding of affordable housing finance, low-income housing tax credits, federal agency programs and compliance requirements, and the role of Community Development Finance Institutions (CDFIs).
• Demonstrated experience with private placements, regulations, structured funds, real estate underwriting, lending to nonprofit and for-profit organizations, and general knowledge of banking and/or revolving loan funds.

Compensation:

Position Salary, Benefits, and Reporting Availability:

Immediate Salary: GMHF offers a competitive salary and benefit package.

Benefits: Family medical and dental insurance, employee life insurance, short- and long- term disability insurance, employer contribution to 401k retirement plan, paid time off, negotiated flex time hours.

Reporting: Reports to the President & CEO

How to Apply:

Submit resume and cover letter to Rebecca Martin at: alancaster@gmhf.com For further information on Greater Minnesota Housing Fund, please visit www.gmhf.com.

Executive Director Center for Neighborhoods
Louisville, KY
Job Function: Administrative/Operations/IT
Posted: September 15, 2019

Background:

The Center For Neighborhoods Mission, Vision & Values . . .
For over 45 years, the Center For Neighborhoods (CFN) has supported and empowered neighborhoods to create stronger and more vibrant communities using an asset based community development philosophy. We work in relationship driven neighborhood engagement, leadership development education, and community-based planning and design, with a focus on community development, creating a sense of place, and improving the built environment.

Position Summary:

CFN envisions a Louisville community of unique neighborhoods led by engaged neighbors creating places that provide a high quality of life and equitable access to opportunity for all people. We believe:
• that all communities and individuals have histories, strengths, gifts, abilities, and knowledge to share, and that great neighborhoods are built by connecting and building upon these assets.
• people and relationships are the foundation of great neighborhoods and that each neighborhood is unique, has value, and has a different lived experience.
• great neighborhoods should also provide equitable access to opportunity for all.
• great neighborhoods are built through collaboration and we seek to leverage and connect the strengths of partners and neighbors.
• the long-term wellbeing of neighbors, neighborhoods, our larger community, and its institutions in the context of promoting healthy local environments.
• great neighborhoods are built through trust and we must operate with the highest standards of integrity, ethics, professionalism, service, transparency, and fiduciary responsibility.

The New, Full-time Executive Director will . . .
• Champion the Center at public meetings and events; and initiate and strengthen partnerships and external relationships in the private and public sector
• Oversee execution of the strategic plan; research and evaluate program development opportunities;
and develop and oversee needed policies and procedures for governance
• Work with the Development Director and Board Chair to develop and manage a fundraising plan and
assist in cultivating and soliciting gifts and grants while focusing on expansion of unrestricted funding
sources and new revenue opportunities
• Guide the Program staff, contractors and volunteers, develop outcome measures and evaluation
for programs; and provide direct support to program team
• Inspire staff to accomplish goals in a team environment; recruit staff, interns and volunteers to assist in program work; and develop individual work programs, conduct annual staff evaluations and set performance measures for future work
• Develop agendas and fiscal reports for monthly board meetings; provide support to the Board and Committees; and support the recruitment of new Board and Committee Members
• Oversee this $800,000 organization’s fiscal operations, including developing and administrating an annual budget while fostering a culture of fiscal responsibility

Responsibilities:

Ideally, the Executive Director will have experience with
• Building collaborative and relationship driven community development
• Working in or with Community Development Corporations (CDCs)
• Telling the story to funders and cultivating relationships that lead underwriting success
• Staff supervision including leadership, communication and team building skills
• Leading and implementing strategic objectives to grow an organization

Requirements:

And has the Following Qualifications . . .
• Passion and understanding of the nature and purpose of CFN with a strong commitment to the CFN mission;
• Ability to relate empathetically and effectively with diverse groups of people from all social and economic segments of the community; track-record of building authentic, constructive relationships and collaborations
• Bachelors degree (Masters degree preferred); education in Urban Planning, Public or Business Administration, Nonprofit Management, or similar fields a plus
• 5+ years of administrative supervisory experience
• Strong written and verbal communications skills with professional presentation, social media, and philanthropic marketing skills

Compensation:

Commensurate with experience

How to Apply:

We Invite You to Apply to Lead the Center For Neighborhoods . . .
Please submit a resume, cover letter and salary expectations to our search counsel by email only at: HR@ashleyrountree.com

Associate Loan and Investment Officer CEI
Brunswick, ME
Job Function: Lending/Loan Operations
Posted: September 12, 2019

Background:

CEI integrates financing, business and industry expertise, and policy solutions to help grow good jobs, environmentally sustainable enterprises, and shared prosperity in Maine and other rural regions. CEI envisions a world in which communities are economically and environmentally healthy, enabling all people, especially those with low incomes, to reach their full potential.

Position Summary:

Are you looking to apply your business and technical skills in a creative and impactful way? Do you want to be part of a team who shares your passion for helping to create a strong Maine economy by supporting small businesses, workforce development, good jobs and environmental sustainability? Are you interested in building a career in small business finance?

Then we want to hear from you…

CEI’s mission is to help grow good jobs, environmentally sustainable enterprises, and shared prosperity in Maine and in rural regions across the country by integrating financing, business and industry expertise, and policy solutions. We have an exciting career opportunity with growth potential for someone who is passionate about the intersection of community development, business and finance.

Working with a senior team mentor, the Associate Loan and Investment Officer (“ALO”) reviews and assesses financing requests from a wide variety of companies, cooperatives, developers, and nonprofit organizations in accordance with CEI’s mission-driven lending philosophy. They will have the opportunity to work with borrowers in a comprehensive fashion, from marketing to potential customers and partnering organizations, to evaluating, structuring, and closing loan requests, to managing an existing portfolio of loans. . This result is a dynamic work environment, regular learning opportunities, and tangible support for Maine businesses.

This is a full-time 40 hour per week position with benefits. The position is based in our LEED platinum office in downtown Brunswick but will serve clients and communities throughout the state.

Responsibilities:

Responsibilities and Duties:

1. Business Development - markets CEI and its financing programs to potential customers, bankers, funders and other partners. Speaks to potential customers making inquiries about loan and financing programs. Represents CEI at local, state and national events from time to time.

2. Underwriting and Approval - works with a senior lender and credit analyst to assess, package, and present financing requests. Provides applicants with information on loan structuring, business planning, and delivers limited technical assistance. Works closely with CEI Program and Business Development staff to meet CEI’s social mission and strategic plan objectives.

3. Loan Closing - gathers required documentation in advance of loan closings. Coordinates with customers, other lenders, legal counsel, CEI Loan Services and Accounting. May serve as a Closing Agent for other lenders’ transactions during training.

4. Portfolio Management - manages and monitors existing loan portfolio, including completion of annual reviews. Services existing accounts, handling requests for additional financing, troubleshooting, etc. Supports Director of Loan Quality and Compliance with delinquent accounts.

5. General - participate in training and professional development opportunities. May be appointed to assist or lead special projects and support process, policy, or product innovation, such as conducting research into new loan products or improving data analytics.

Requirements:

Qualified candidates will have a passion for business and community economic development. The individual must be results-driven, curious, and willing to learn. She/he will have the proven ability to work collaboratively and foster strong relationships with clients and colleagues. Excellent time management, critical thinking, and organizational skills are a must. Attention to detail and competence in writing and math are also important.

Qualified candidates will have a degree in business or related field. Equivalent combination of education and relevant experience may be considered as a substitute for formal education. Interest in the non-profit sector is important. Exposure to/understanding of finance/lending or community development finance is a plus, though prior lending experience is not required.

Compensation:

DOE

How to Apply:

Please visit our careers page at

https://www.ceimaine.org/about/

Please click on the position title. This will direct you to our online application portal.

Thank you,

Resource Development Manager CEI
Brunswick , ME
Job Function: Fundraising
Posted: September 12, 2019

Background:

CEI integrates financing, business and industry expertise, and policy solutions to help grow good jobs, environmentally sustainable enterprises, and shared prosperity in Maine and other rural regions. CEI envisions a world in which communities are economically and environmentally healthy, enabling all people, especially those with low incomes, to reach their full potential.

Position Summary:

Do you have a background in philanthropic fundraising and grant writing? Are you looking to apply your skills in a creative and impactful way? Want to be part of a team who shares your passion for helping to create a strong Maine economy by supporting small businesses, workforce development, good jobs and environmental sustainability?

Then we want to hear from you…

CEI’s mission is to help grow good jobs, environmentally sustainable enterprises, and shared prosperity in Maine and in rural regions across the country by integrating financing, business and industry expertise, and policy solutions.

The Resource Development Manager is a contributing member of the CEI Corporate Development Team, which supports CEI’s fundraising and resource development activities. This position reports to the Chief Executive Officer and works closely also with the President and Operations Leadership Team to identify philanthropic resource opportunities, develop and write grant proposals, maintain and cultivate relationships with funders, engage with broader staff to develop a diverse and stable funding base for CEI’s work consistent with CEI’s strategic plan.

This is a full-time 40 hour per week position with benefits although CEI is open to discussing a 30-32 hour per week schedule for the right candidate. The position is based in our LEED platinum office in downtown Brunswick, Maine.

Responsibilities:

Responsibilities and Duties:

1. Development, Funders, Research and Analysis

• Identifies diverse funding opportunities in alignment with organizational mission and strategy, with a primary focus on philanthropic funding sources (institutions and high net worth individuals).

• Prepares and supports the preparation of funding applications through writing, research, data analysis and communication with grantors and lenders.

• Organizes and delivers closing documentation to grantors.

• Completes external funder reports on grant awards as assigned, in collaboration with program staff.

• In consultation with the CEO, develops the agenda for and supports Grant and Capital Strategy and Systems Team meetings.

• Represents CEI at events relating to CEI’s mission where potential funders are present.

2. Development Support System

• Maintains the CRM Development Pipeline and following award agreement and moves pipeline activities to CRM Funder Compliance.

• Brings ideas for fine-tuning how the new CRM system can further support the development process to the IT team.

• Collaborates with Compliance and Data Analyst and Accounting team to support the award onboarding process.

• Manages Grant and Capital Strategy and Systems Team SharePoint Site content, including updating funder application boilerplate and standard attachments.

3. Marketing strategy

• Collaborates with Chief Communications Officer and Marketing Manager to develop marketing materials for investor due diligence, funder meetings and speaking engagements.

• Collaborates with Chief Communications Officer and Marketing Manager to develop resource development-related announcements and other content for social media outlets and quarterly newsletter.

• Supports CEI’s mission, vision, values and Strategic Plan.

Requirements:

Qualifications and Skills

Qualified candidates will have a passion for writing and excellent verbal communications skills. This includes a keen attention to detail and accuracy coupled with superior initiative and follow through. Additionally, to be successful in this role the individual must be results-driven and a curious, out of the box thinker. She/he will have the proven ability to work collaboratively and foster strong relationships with clients, senior management, department heads, Board members, Board committees and external partners. Excellent time management and meeting deadlines within a part time schedule is critical.

Qualified candidates will have a bachelor’s degree. Graduate work in community/ economic development, urban/ environmental planning or public policy preferred. Equivalent combination of education and experience may be considered as a substitute for formal education. Experience in the non-profit sector is important. Understanding of marketing strategy is important. Exposure to/understanding of finance or community development finance is a plus.

Compensation:

DOE

How to Apply:

Please visit our careers page at:

https://www.ceimaine.org/about/

Apply by clicking on the job title. You will be routed to our online application portal.

Operations Associate The Housing Development Fund, Inc. (HDF)
Stamford, CT
Job Function: Administrative/Operations/IT
Posted: September 11, 2019

Background:

The Housing Development Fund (HDF) is a woman-led non-profit Community Development Financial Institution (CDFI) with a strong mission-focus on providing access to affordable housing for low-income community members in Connecticut. HDF’s Commercial Lending department does this work by providing financing to developers whom buy, build, renovate, or implement energy efficiency measures in affordable multifamily (commercial) properties in the state of Connecticut.

The Stamford office is conveniently located near I-95; secure on-site garage parking is provided. The office is also within walking distance from the Stamford train-station, major bus-lines, a park, and a vibrant downtown environment with several dining and shopping attractions.

Position Summary:

HDF is seeking an Operations Associate for a part-time (20-30hrs per week) position based in our Stamford office. The role will primarily support operations activities for the Commercial Lending department, with limited support of other organization activities.

Responsibilities:

Primary responsibilities:

Customer Intake:
Timely and professional response to customer inquiries
Provide overview of organization, programs, products, and value proposition
Request initial details to assess initial eligibility for products
Accurately enter loan client data into CRM database (Salesforce), program documents, and dual-filing system (electronic & paper).
Develop and share initial eligibility recommendation with commercial lending manager
Support loan clients during loan package preparation; ensure package completion
Coordinate with underwriter to ensure smooth data and customer-service transition
Portfolio servicing; Commercial Lending:
Annual audit: coordinate and support deployment of annual portfolio audit
Ensure database and filing systems are maintained on a timely and accurate basis
Loan transaction support: collaborate with accounting department
Loan compliance support: Maintain ticklers; ensure customer data request response
Prepare and maintain various monthly, quarterly, and annual reports
Stakeholder engagement:
Primarily support commercial lending department, with limited support of other senior staff
Interact with other key staff, potential and active borrowers, and other stakeholders.
Other responsibilities:
Support marketing and outreach efforts
Support development of loan and executive committee presentations
Coordinate and maintain minutes for loan committee meetings
Support loan closings (due diligence, legal, financial, data, logistics)
Support new initiatives and programs as requested

Requirements:

Primary qualifications:

College level education
Minimum two-years of professional experience in any of the following: commercial loan processing and lending operations, commercial real estate, law, finance; office experience in financial and legal document management
Excellent attention to detail and goal-oriented work-ethic with accountability for high-quality final deliverables
Excellent communication (verbal and proficient) and time management skills
Ability to prepare professional-level deliverables within Microsoft office applications including Word and Excel
Ability to understand, analyze, and modify financial exhibits in Excel
Ability to understand or quickly learn to understand lending verification materials
Ability to work in a digital environment and experience with Salesforce (CRM) is strongly preferred
Ability to travel throughout CT in a limited capacity (to other HDF offices and/or borrower project sites)
Mission-alignment and interest in learning about affordable housing
Professional, honest, and focused demeanor
Stated commitment to 2+ years in role

Compensation:

HDF offers a competitive compensation package commensurate with experience. Relocation or interview travel expenses are not available for this role. We are an Equal Opportunity Employer.

HDF is able to accommodate a family-flex schedule for all employees. Full-time employees are provided with a competitive compensation package inclusive of health insurance and HSA account, retirement plan, and paid time-off.

Dependent on portfolio performance and other factors, this position may provide future opportunities to expand into full-time employment or grow into other roles in the organization. This is an ideal position for someone interested in re-entering the workforce or shifting into community-focused work within the finance industry.

How to Apply:

Application Instructions:

Please submit the following to ARobinson [at] HDFConnects.org

Resume demonstrating your relevant qualifications; include primary contact information
Cover-letter communicating your interest in the organization and role, your values/interest in mission-focused work, and/or any other character or personality details relevant to demonstrating your relevant qualifications
We will confirm receipt of applications, and upon review will follow up with all applicants to communicate eligibility for advancement into interviews. Interviews will be scheduled with the top three applicants, who will meet with at least two HDF staff. The top candidate will likely be required to provide a work sample and references.

If you or anyone you know seems like a great fit for our organization and this role, please apply or spread the work. We hope to fill this position as soon as possible and look forward to hearing from you.

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