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.orgSubmissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Events Coordinator Opportunity Finance Network (OFN)
Washington, DC
Job Function: Other
Posted: September 23, 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:

he Events Coordinator will work with the EVP, Membership and the EVP, Knowledge Sharing in coordinating, planning, and executing OFN’s events. Specifically, this position coordinates and organizes event logistics to ensure successful Annual Conferences, Small Business Finance Forums, regional meetings, advocacy days, webinars, trainings, and other meetings and events as necessary.

Responsibilities:

  • Plan and coordinate events (both in-person and virtual) in conjunction with the EVP, Membership and EVP, Knowledge Sharing. 

  • Anticipate event needs, manage event planning calendar and scheduling, discern work priorities, monitor event timelines ensuring deadlines are met.

  • Lead the call for sessions process: update and send invitation, organize responses, recruit reviewers, prepare ranking sheets, organize reviewer responses. 

  • Manage event registration: update web site content, track comp codes, handle all registration inquiries, provide registration information to Meeting Planner in a readily usable form and on a timely basis, conduct on-site registration and manage attendee issues.

  • Manage Conference breakout session presenters: communicate key dates, gather speaker needs, handle inquiries, communicate needs to Meeting Planner. 

  • Manage internal and external requests for meeting space at conference hotel: create request forms, communicate with those making requests, and coordinate approved requests with Meeting Planner for space assignment.

  • Maintain inventory of event-related items (e.g., name badges, lanyards, binders), prepare meeting materials such as agendas and name badges, ensure training binders are properly assembled, and ensure materials are shipped to event location on time.

  • Lead attendee evaluation process for all events. Prepare summary reports for staff and Board. 

Requirements:

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

  • 1-3 years of professional experience in event or project management. 

  • Professional event planning experience of events up to 1,500 people

  • 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.

  • Experience drafting original audience specific communications for management review and publication required.

  • Must be proficient with MS Office Suite products.

  • Excellent organizational and problem-solving skills with a keen eye for detail.

  • 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 strategically, and creatively with the ability to manage multiple projects simultaneously with ease and efficiency under minimal supervision.

  • Ability to work constructively with a diverse audience.

  • Light to moderate travel required (5-10% of time).

  • No extraordinary physical requirements beyond ability to travel.

Compensation:

Commesurate with Experience.

How to Apply:

 

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

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:

 

Associate at Y Analytics (Washington, DC) Y Analytics
Washington, DC
Job Function: Research and Analytics
Posted: November 18, 2019

Background:

ABOUT Y ANALYTICS:

Y Analytics’ mission is to increase the amount and effectiveness of capital allocation for the greater good, as described in the UN Sustainable Development Goals, by increasing trust in the social and environmental impact achieved by that capital. Y Analytics enables greater use of evidence in capital allocation decision making and rigorous methodologies to value impact.

Y Analytics is an independent organization launched in parallel to the Rise Fund (https://therisefund.com/). The Rise Fund was founded in 2016 by TPG in partnership with Bono and Jeff Skoll, and invests in companies driving measurable social and environmental impact alongside business performance and strong returns. With $4 billion under management, The Rise Fund platform is committed to rigorous impact underwriting as well as financial performance. It bases this underwriting on evidentiary research and economic valuation. This research and methodology form the starting point for Y Analytics, which is in the process of growing the research and valuation engines, and expanding the types of investments valued and array of capital allocators served.

One of the core principles of Y Analytics is that transformational change occurs by working side-by-side with people on real decisions – Y Analytics is a working organization, not a think tank.

LEARN MORE:

www.yanalytics.org
https://www.wsj.com/articles/u2s-bono-and-tpg-launch-company-to-measure-...
https://www.devex.com/news/y-analytics-aims-to-bridge-gap-between-resear...
https://www.businessinsider.com/tpg-and-bono-launch-y-analytics-for-impa...
https://www.barrons.com/articles/the-rise-fund-spin-off-marks-growth-of-...

Position Summary:

Eligibility: 2+ years’ work experience, ideally in development finance, traditional finance or consulting. Must be authorized to work in the U.S.
Start Date: As soon as possible
Reports To: Senior Director of Impact Solutions
Other Key Relationships:
• Chief Executive Officer
• Chief Economist
• Managing Director of Client & Product Development
• Clients and other stakeholders

Responsibilities:

The Associate will be responsible for driving Y Analytics’ impact assessment with a team of peers. His or her primary responsibilities will include:

• Working with capital allocators of all types to determine the impact efficiency of their investments and developing the tools required to enable better impact decision-making on investments. This work will entail partnering with investors on impact across the entire life cycle of deals – from initial fund strategy, to exit support. For example, associates will examine questions such as “What is the value of the net impact of a company that purchases milk from smallholder farmers in ways that ensure steadier streams of income, veterinary care for cows, etc.?” or “What is the net impact of delivering cataracts treatments in a drop form that does away with the need for surgery?”

• Working with Y Analytics leadership to expand the suite of impact assessment methodologies. This is core to Y Analytics’ strategy to direct capital where the greatest impact can be achieved. Y Analytics Associates might contribute to expanding the methodology to asset classes such as public equities, public debt, venture capital and catalytic capital.

• Taking the lead on elements of other special projects and/or functional roles. The Associate will be a core member of a quickly growing team and should bring an entrepreneurial mindset to his or her work, with the goal of advancing Y Analytics’ mission. He or she will help shape the culture and operations of the organization. Example functional roles held by Associates in the past include: client/sector leadership, communications strategy & execution, and knowledge/database management.

Requirements:

IDEAL EXPERIENCE:

• 2+ years of work experience, ideally in development finance, traditional finance or consulting
• Experience creating/driving complex quantitative models and performing data analytics, with an aptitude to quickly get familiar and iterate on impact valuation models and research/company data
• Demonstrated ability to quickly identify key drivers and sensitivities in quantitative analyses, synthesize findings in presentations and written documents, and communicate these to senior leadership and clients
• Experience conducting, interrogating, interpreting, or applying third-party academic research is a plus
• International experience, including exposure to developing countries, is a plus

CRITICAL COMPETENCIES FOR SUCCESS:

The ideal candidate:
• Is committed to Y Analytics’ mission to improve the future of humanity and our planet through effective capital allocation for the greater good.
• Has exceptional quantitative analytics capabilities.
• Is a highly creative problem solver, who enjoys structuring a problem, interrogating research, and rapidly translating learnings into meaningful outputs to inform live decisions.
• Has an entrepreneurial drive to help build new standards for an industry.
• Is fully capable of engaging with senior clients in professional settings.
• Has a strong sense of ownership for delivering high quality outputs to clients.
• Thrives in start-up/high energy team environments, where everyone can and should take initiative to build beyond what is called for in a narrow action plan.

Other personal characteristics
• Positive and solutions-oriented attitude, with a drive for excellence
• A strong team player who is collaborative, and who listens to and values others’ opinions
• Commitment to fairness and ethical behavior; values and treats others with respect
• Awareness of and sensitivity to cultural differences; values diversity and its importance to an organization’s performance
• A sense of humility and humor
• Ability to travel infrequently if needed, both domestically and internationally

Compensation:

To be discussed during interview process

How to Apply:

APPLICATION INSTRUCTIONS:
In lieu of a cover letter, please prepare written responses to the questions below. Please send your responses along with your resume to Jobs@YAnalytics.org. Write in the subject line: “Last Name, First Name – Associate Application”.

APPLICATION QUESTIONS – please limit responses to a single page total:
1. How would you go about conducting a market scan for an industry about which you have little prior knowledge?
2. What steps would you take to estimate the health benefits of drastically reducing the cost of a life-saving drug?
3. Imagine you are trying to quantify the potential impact of a microcredit company in a particular country. You have found 3 sources with 3 different estimates covering the same time period. What would you do?

Underwriting and Credit Manager LOCUS Impact Investing
Richmond, VA
Job Function: Underwriting
Posted: November 15, 2019

Background:

LOCUS is a nonprofit consulting firm and mission-driven registered investment advisor serving foundations looking to use more of their assets to promote prosperous, vibrant communities. At LOCUS, our mission is to guide and support foundations as they move from exploring the tool of local impact investing to unlocking meaningful, mission-driven assets to deploying those assets for catalytic community impact. Our team of economic development, former philanthropic staff and finance professionals work in partnership with our clients to deliver right-sized, resonant onramps to accelerate the deployment of place-based impact investments.

Position Summary:

LOCUS seeks a seasoned community development credit professional to manage and lead underwriting for the Community Investment Guarantee Pool (CIGP) and other LOCUS credit responsibilities. CIGP is a new impact investing infrastructure designed to provide unfunded loan guarantees to financial intermediaries in the sectors of affordable housing, small business and climate solutions.

The ideal candidate will have a balanced perspective on managing credit risk in conjunction with creating positive social impact. The position will be responsible for underwriting and managing the portfolio of unfunded guarantees.

Candidates should have experience underwriting financial intermediaries (lenders) and individual loan transactions, specifically in the areas of affordable housing, small business and climate solutions. The candidate will need the ability to model and estimate portfolio losses. Experience with credit guarantees is a plus, but not required. The position will report to the Chief Risk Officer. Work location is flexible.

Responsibilities:

• Review guarantee applications for alignment with Program and Underwriting Guidelines

• Manage pipeline of guarantee applications by narrowing and selecting guarantees for full underwriting

• Underwrite guarantee applications for credit risk and social impact

• Prepare and present credit approval presentations to Program Parameter and Credit Committee

• Work with attorneys to document and close approved guarantees

• Serve as liaison with financial intermediaries on proposed and deployed guarantees

• Perform annual credit and impact review of deployed guarantees

• Risk rate deployed guarantees on at least an annual basis

• Prepare and maintain guarantee exposure report for Program Parameter and Credit Committee

• Estimate quarterly and annual guarantee claims

• In conjunction with Chief Risk Officer, maintain and manage Program and Underwriting Guidelines on at least an annual basis

• In conjunction with CIGP Program Manager and LOCUS leadership, prepare an annual report on the CIGP program development

• As necessary, conduct third-party LOCUS underwriting and analysis; and other LOCUS credit related duties

Requirements:

• Bachelor’s degree and 7+ years of relevant work experience in credit underwriting and administration

• Knowledge and experience in community development lending is required

• Social impact investing a plus

• Social impact data tracking and management a plus

• Demonstrated ability to manage and support time-sensitive and complex projects

• Excellent writing, verbal, and presentation skills are required, including a demonstrated knowledge of Microsoft Office

• Strong interpersonal skills with demonstrated ability to manage and work in teams

• Salesforce experience is a plus; and limited to occasional travel including overnight travel required (10-25% of time).

Compensation:

$90,000 - $125,000

How to Apply:
Please submit an application through our career page.

Credit Analyst LOCUS Impact Investing
Richmond, Norfolk, Christiansburg, VA
Job Function: Underwriting
Posted: November 15, 2019

Background:

LOCUS is a nonprofit consulting firm and mission-driven registered investment advisor serving foundations looking to use more of their assets to promote prosperous, vibrant communities. At LOCUS, our mission is to guide and support foundations as they move from exploring the tool of local impact investing to unlocking meaningful, mission-driven assets to deploying those assets for catalytic community impact. Our team of economic development, former philanthropic staff and finance professionals work in partnership with our clients to deliver right-sized, resonant onramps to accelerate the deployment of place-based impact investments.

Position Summary:

LOCUS seeks a credit professional to support underwriting and portfolio management of the Community Investment Guarantee Pool (CIGP). CIGP is a new impact investing infrastructure designed to provide unfunded loan guarantees to financial intermediaries in the sectors of affordable housing, small business and climate solutions.

The Credit Analyst will support the Credit and Underwriting Manager with originating and monitoring loan guarantees. The ideal candidate will have a balanced perspective on credit risk as it relates to creating positive social impact. The position will be responsible for supporting the Credit and Underwriting Manager with the origination and ongoing management of guarantees.

Candidates should have credit administration experience in addition to knowledge of social impact metrics and tracking, specifically in the areas of affordable housing, small business and climate solutions. The candidate will need the ability to collect, track and analyze credit and social impact data. Position can be filled in either Richmond, Norfolk or Christiansburg.

Responsibilities:

• Manage regular guarantee application rounds

• Maintain a credit pipeline report of prospective, existing and approved guarantee applications

• Work with the Credit and Underwriting Manager to evaluate guarantee applications for social impact and credit risk

• Collect impact data to validate and monitor social impact of deployed guarantees

• Collect credit data on outstanding guarantees to assess portfolio risk and performance

• Draft and finalize effectiveness letters for underlying loan transactions on deployed guarantees

• Prepare annual reports of outstanding guarantees, including but not limited to:

o Risk Rating Report

o Impact Report

• Prepare quarterly loss report for Portfolio Parameter and Credit Committee (PAC)

• In conjunction with Credit and Underwriting Manager, maintain guarantee exposure report for PAC; and other LOCUS credit related duties.

Requirements:

• Bachelor’s degree and 3+ years of relevant work experience in credit administration

• Knowledge and experience in community development lending is a plus

• Social impact investing a plus

• Social impact data tracking and management a plus

• Demonstrated ability to manage and support time-sensitive and complex projects

• Excellent writing, verbal, and presentation skills are required, including a demonstrated knowledge of and experience in Microsoft Office

• Strong interpersonal skills with demonstrated ability to manage and work in teams

• Salesforce experience is a plus.

Compensation:

$50,000 - $75,000

How to Apply:
Please go to our careers page and submit an application.

Underwriter and Loan Officer City First Enterprises
Washington , DC
Job Function: Underwriting
Posted: November 15, 2019

Background:

City First Enterprises (CFE) is a financial institution working at the intersection of financial innovation and impact investment, in the quest for a more equitable economy. We are risk entrepreneurs investing in underserved communities, centering our focus on the people and places historically overlooked by mainstream finance.

CFE’s lending vehicle is the Equitable Growth Fund, a loan fund designed to provide accessible debt capital to entrepreneurs, innovators and change-makers working in affordable housing, small businesses, education, nonprofits, community facilities, and commercial real estate in the Washington, DC, Maryland, and Virginia.

CFE is a Community Development Financial Institution (CDFI), a designation by the United States Treasury to organizations expanding economic opportunity in low-income communities by providing access to financial products and services for residents and businesses. CFE is part of the City First Family of organizations, which includes City First Bank.

To learn more about our organization, please visit our website at https://www.cfenterprises.org/.

Position Summary:

The ideal person for the Underwriter and Loan Officer position knows how to work in a dynamic collaborative environment and has strong financial analysis and writing skills. He or she seeks to play a pivotal role in a growing nonprofit community loan fund that is committed to mission-oriented lending across the region.

Under guidance and supervision, the Underwriter and Loan Officer is responsible for reviewing financial data, assessing credit risk and structuring transactions. In collaboration with the organization’s credit staff, he or she will perform financial analyses and provide credit recommendations based on a review of all underwriting criteria. As part of a compact team, the Underwriter and Loan Officer responsibilities will expand beyond core credit analysis, contributing to business development efforts, the preparation of funding proposals and performing periodic reports to potential and existing funders, including federal agencies and major philanthropic institutions, among others. Versatility and flexibility across a wide spectrum of intellectual and business tasks are key.

Additional responsibilities include providing competent, thorough, courteous, and efficient customer service to both internal and external customers with a minimal level of direction, guidance, and oversight.

Responsibilities:

1. Performs financial statement analysis and independently interprets them, delivering written reviews of financial information.
2. Handles loan originations from beginning to end under the supervision of senior staff.
3. Day to day functions may include:
a. Creating financial statements with the use of Excel
b .Identifying information needed to complete an analysis by reviewing a credit file
c. Conducting sectoral and business model research relevant to loan applications under review
d. Performing interim and annual financial covenant compliance (loan monitoring), in close collaboration with Portfolio Manager
e. Contacting borrowers to solicit updated financial information as required.
4. Works with Data Administrator on analyzing figures around economic development metrics, including designing and implementing client-focused surveys.
5. Participates, in close collaboration with other members of the team, in the preparation of proposals and periodic reports to funders.
6. Collaborates with Loan Closing Specialist in preparing loan documentation.
7. Works in partnership with Chief Lending Officer on business development activities, including participating in client and/or prospect calls and representing the organization in meetings with potential business partners.
8.Performs other duties as may be deemed necessary and appropriate.

Requirements:
•  Bachelor’s degree in accounting, business, economics, finance, or equivalent combination of training and experience from a four (4) year college or university. •  Ideal candidate has a minimum of 2-4 years’ experience in mission-oriented financial analysis, deal structuring, and relationship and loan processing management. •  Strong writing and composition skills. •  Entrepreneurial approach to work (a must). •  Experience or interest in working with diverse low-income communities. •  Proven ability to build relationships with potential clients and business partners. •  Spanish is a plus. •  Experience with a CRM platform, preferably Salesforce, definitely a plus. •  Advanced knowledge and experience in Excel. •  Strong interpersonal communication skills •  Knowledge of and/or interest in community development, racial equity and inclusion. In short, we are looking for an individual who would help us improve how we work day-to-day, and maximize the growth and impact of our organization in the long term. The right fit would be someone intellectually ambitious, willing to work hard, and always holding him or herself accountable to a high bar of performance. Sounds like you, or someone you know? Please reach out!

Compensation:
Competitive nonprofit salary, based on experience, plus a generous benefits package that includes employee-sponsored health and dental, life insurance, health savings account with annual employer contributions, retirement plan with employer matching, paid parental leave and a generous paid time off program. Free coffee and cold brew are a bonus. Our office is a unique work environment that is open, innovative and collaborative. We are a short walk from the U St. Metro and CFE provides transportation benefits up to the IRS maximum for qualified work travel.

How to Apply:

TIMING

Selected candidates will be contacted for an initial phone screen on a rolling basis, with in-person interviews taking place no later than the first week of December. The position is expected to start by early January 2020.

TO APPLY

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

City First Enterprises is committed to serving the communities in which we work and live. The City First family is dedicated to promoting diversity, multiculturalism, and inclusion in our work and hiring practices. City First Enterprises is fully focused on equality and economic inclusion and believes that diversity in opinion and background only helps further that mission.

We provide equal employment opportunities to all people regardless of ethnicity, age, religion (and lack thereof), disability that can reasonably be accommodated, marital status (including domestic partner status), ancestry, nationality, national origin, family status, sex (including pregnancy, childbirth, and related medical conditions), other medical condition (physical or mental), AIDS/HIV status, genetic information, sexual identity, gender identification (including transgender status), sexual orientation, and veteran status.

CFE is an equal opportunity employer.

Bilingual Technical Assistance Officer FINANTA
Philadelphia, PA
Job Function: Project Management
Posted: November 15, 2019

Background:

About FINANTA
FINANTA is a nonprofit lending institution facilitating access to capital and consultation services for entrepreneurs, consumers and first-time homebuyers in the Philadelphia region. FINANTA aims to promote the growth and economic expansion of diverse communities and commercial corridors through the infusion of capital and the provision of business, consumer and homebuyer consultation services and technical assistance, in a manner that is uniquely conscious of the cultural, social and language barriers that growing immigrant and minority populations face. FINANTA serves: Berks, Bucks, Chester, Delaware, Lancaster, Montgomery and Philadelphia Counties in Pennsylvania; Camden County in New Jersey; and the State of Delaware.

Position Summary:

JOB SUMMARY
▪ Implement and expand the residential mortgage, consumer, business and credit building technical
assistance work of FINANTA lending programs according to mission and objectives.
▪ Increase FINANTA’s capacity and efficiency in providing TA to borrowers.
▪ Provide coaching and training to customer base, individually and in group.
▪ Report on TA impact
▪ ***Must be bilingual (Spanish & English). Applicants that do not indicate they are bilingual in
Spanish & English at the time of application will not be contacted***

Responsibilities:

REQUIREMENTS
▪ Support the technical assistance needs of the Lending Department’s borrowers in order to ensure
successful repayment of FINANTA debt.
▪ Provide technical assistance and coaching to all Department clients, whether for homeownership,
business, or consumer credit purposes.
▪ Expand the financial capacity of each borrower to perform and expand on credit.
▪ Provide project development coaching to borrowers.
▪ Secure and manage resources/expertise to implement customer projects as needed.
▪ Pull, review, and store credit reports in each borrower’s file.
▪ Assess net monthly income to meet credit obligations.
▪ Coach clients to produce a financial action plan setting up a specific course of action and credit and
financial objectives. Follow up consistently for the term of the loan, making sure progress is made
and documenting outcomes.
▪ Coach borrowers to implement basic bookkeeping and create personal and/or business budgets.
▪ Calculate debt and cash available to anticipate debt reduction and debt management.
▪ Create client awareness on personal and family financial challenges, including excessive and
untimely spending or borrowing.
▪ Motivate borrowers while implementing financial action plans, including following up with creditors
and collectors, paying off judgments, and drafting credit dispute letters.
▪ Contact creditors to arrange client payments that are feasible and agreeable to creditors.
▪ Keeps records of each activity with borrowers, third parties, and internal decisions.
▪ Compile borrower documents and keep a running checklist of documents received and pending.
▪ Input borrower information in FINANTA’s data management System “TEA” and update as needed.
▪ Maintain archive of materials and resources shared with borrowers.
▪ Prepare and present credit and budgeting related workshops.
▪ Assist lenders in compiling information and preparing reports as needed.
▪ Conduct site visits to obtain missing information or assess delinquency.
▪ Coordinate and execute networking and educational opportunities, helping connect clients to local
resources.
▪ Report and evaluate TA implementation.
▪ Represent FINANTA at networking events whenever needed.
▪ Evening and weekend work are required.

Requirements:

QUALIFICATIONS
▪ An Associate’s or Bachelor’s degree in related field
▪ At least one (1) year or more experience in providing TA for mission driven lending
▪ Standard writing and verbal communication skills
▪ High proficiency in IT software
▪ Fluent in English and Spanish

Compensation:

JOB BENEFITS
• 100% HMO Single Coverage
• 100% Short/Long Term Disability Coverage
• 401K Employee Retirement Plan Available

Full-time
Salary: $35,000.00 to $50,000.00 /year

How to Apply:

Apply via Indeed: https://www.indeedjobs.com/finanta-68416fc/jobs/d253679beb89a45e20e7

Senior Program Officer Inclusiv
New York, NY
Job Function: Project Management
Posted: November 15, 2019

Background:

At Inclusiv, we believe that true financial inclusion and empowerment is a fundamental right. We dedicate ourselves to closing the gaps and removing barriers in financial opportunities for distressed and underserved communities by providing capital, making connections and building capacity, developing innovative products and services for community development credit unions (CDCUs) and working to transform local progress into lasting change at the national level. Founded in 1974, Inclusiv is headquartered in Lower Manhattan with offices in Madison, WI and Atlanta, GA. Inclusiv offers a wide range of advocacy, educational, training, investment, marketing, and outreach programs to support and assist CDCUs.

Position Summary:

The Senior Program Officer will play a critical role in expanding Inclusiv’s impact by leading key programs and initiatives that expand financial inclusion in underserved communities with and through our community development credit union network. Reporting to the VP of Strategic Initiatives, the Senior Program Officer will oversee and grow existing programs and help shape new initiatives that seek to improve the financial health of low-income people. This is a great opportunity for a passionate, committed person with exceptional project management skills seeking to help us build a more equitable financial system that empowers all consumers and builds strong healthy communities. This position is based in our New York City office.</p>

Responsibilities:

-Lead project management of key initiatives to improve member financial health and build capacity of community development credit unions to serve their communities
-Lead all aspects of program design and implementation, including managing strong relationships with CDCU participants and program partner organizations, coordinating trainings, providing in-depth guidance and support and working across teams to achieve program goals
-Build and maintain strong relationships with a range of partners including credit unions, foundations, national nonprofits, community organizations, industry players and corporate supporters
-Excel at working across units and leading teams to achieve program goals
-Represent Inclusiv in a range of contexts, such as leading training sessions and speaking at conferences on Inclusiv programs
-Work with our Communications team to prepare and disseminate information, releases, articles and other communications on programs and initiatives
-Support fundraising activities including grant writing and grant reports
-Other duties as needed and as projects evolve
-Position requires 15-20% travel across the US

Requirements:

Bachelor’s degree required; Master’s Degree preferred
5-8 years relevant work experience in nonprofit program management, community development, consumer finance/banking, or policy advocacy
1-2 years management experience
Strong project management and organization skills; experience effectively managing multiple projects across different internal and external constituents to drive results
Demonstrated ability to manage programs and build relationships in communities of color, particularly in African American and Hispanic communities
Excellent communication skills, both written and oral
Commitment to Inclusiv’s mission to help low- and moderate-income people and communities achieve financial independence
Dedication to always producing the highest quality work and motivated to constantly seek new and better ways to reach goals
Ability to work well in teams as well as independently

Compensation:

Competitive salary and benefits package based on experience.

How to Apply:

Please submit cover letter and resume to hr@cdcu.coop. Resumes will be accepted until November 27, 2019.

Community Investment Consultant II Federal Home Loan Bank SF
San Francisco, CA
Job Function: Underwriting
Posted: November 13, 2019

Background:

The Federal Home Loan Bank of San Francisco is a cooperative, wholesale bank that helps meet community credit needs by providing readily available, competitively priced credit products and services to member financial institutions through all phases of the economic cycle. Our members include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada.

Position Summary:

Perform reviews of affordable housing projects awarded funding through the Federal Home Loan Bank of San Francisco’s Affordable Housing Program (“AHP”) to determine eligibility within program guidelines and regulatory requirements. Consult with and provide expertise on community investment programs and affordable housing compliance issues to Bank management, members, prospective members, community partners, and the Federal Home Loan Bank System.

Responsibilities:

Major Accountabilities:

-AHP Project Support

-Analyze development and operating budgets of completed projects to confirm feasibility and need for AHP funds. Work with awardees to collect and review limited partnership agreements, loan documentation, cost certifications, and other documentation to assess risk of releasing funds and approve award disbursements. Review project compliance with regulatory requirements and Bank guidelines.
-Manage the timely receipt and accurate representation of information required for confirming project eligibility. Maximize process efficiency and work quality. ---Manage database information to ensure accurate and timely updates of project status. Assemble and annotate relevant documentation for review by management, internal audit, and federal regulators.
-Monitor project progress towards completion within program time limits and work with members and project owners to recycle unused funds.
-AHP Application Support
-Score, evaluate, determine eligibility, financial feasibility and need for subsidy of applications submitted in the annual competitive application rounds. Recommend applications for approval.

-Technical Assistance and Outreach

-Provide technical assistance and outreach to members and community partners, including individual project guidance and conducting application webinar trainings. Participate in and assist in planning Bank-sponsored webinars, workshops, conferences, or other events. Actively represent the Bank at meetings, public speaking engagements, and community-sponsored events.
-Assist in the production of various publications that the Bank is required to produce such as brochures related to training workshops, product profiles for AHP products, the Affordable Housing Advisory Council’s annual report, and the Bank’s newsletter on community investment.

-Special Projects

-Assist the Bank in achieving its mission-related goals, including research into potential community investment programs, scoring criteria, program design, and work related to fulfilling the Bank’s Community Lending Plan initiatives.
-Conduct research as needed. Present and recommend program ideas and research findings to senior management and/or the Bank’s Affordable Housing Advisory Council . Maintain the integrity of research data through careful, logical, and resourceful review and assembly of available information.
-Conduct project site visits, as necessary.

Requirements:

Skills/Knowledge:

-Bachelor’s Degree in Business Administration, Finance or a related field, or equivalent education or professional experience required.
-Minimum four years experience in community investment, lending, affordable housing finance, affordable housing asset management, or loan processing within a financial institution or affordable housing nonprofit preferred. Familiarity with affordable housing financing structures desired.
-Demonstrated project management skills including the ability to take initiative in a fast-paced work environment, work effectively under pressure, both independently or as a member of a team.
-Demonstrated ability to effectively communicate with all levels of an organization including external clients, internal management, and team members.
-Demonstrated knowledge of affordable housing development, regulations and policy: public and private financing sources available, the Low-income Housing Tax Credit Program, project-based rental assistance, other public grant programs.
-Preferred knowledge of Finance and financing structures; must be familiar with loan documentation; must be able to analyze sources of financing, operating and development budgets, statements of cash flow; must understand the basics of retention and recapture mechanisms (subordination arrangements, silent second notes, and lien positions).
-Attention to detail and ability to clearly and thoughtfully review and organize documentation required.
-Ability to operate PC-based software (Excel, Outlook, Word) and/or automated database systems required.
-Excellent verbal and written communication skills with strong analytical and problem-solving skills required.
-Ability to analyze, apply, interpret, and communicate policies, procedures and regulations effectively.
-Understanding of how member banks use advances (i.e., loans) to support affordable housing preferred.

Compensation:

Benefits:

We believe our employees are our most important asset. In addition to competitive compensation, we offer a variety of benefits, including: medical, dental, vision, life insurance, 401K with match, Cash Balance Retirement Plan, 20 days of paid vacation, 10 paid holidays, 12 days of sick time, time off to volunteer, commuter programs, and access to our state-of-the art, on-site gym. Come Join Us !

Qualifications:

The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.

How to Apply:

Please click on the link below to apply:

https://fhlbsf.wd5.myworkdayjobs.com/en-US/FHLBSF/job/333-Bush-St-Suite-...

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