Industry Job Bank

  • Make an impact and join the opportunity finance field.

The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

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

AmeriCorps - Economic Development Specialist WEDI Buffalo
Buffalo, NY
Job Function: Lending/Loan Operations
Posted: November 7, 2017

Background:

Since 2007, WEDI has served the City of Buffalo by tutoring children, building and rehabbing housing, and developing businesses through training, microlending, and a small business incubation. We primarily work with refugees, immigrants, and low-income individuals with programs and services tailored to these communities. We have over 350 people interested in small business services with over 80 operating business startups and over 50 loans disbursed.

Position Summary:

Guide minimum of 100 small business owners and/or burgeoning entrepreneurs through the process of starting or expanding a business through the Economic Development Program via financial literacy, financing, business counseling, and technical assistance training.

Responsibilities:

Essential​ ​Functions​ ​and​ ​Responsibilities:

  • Recruit prospective and current business owners interested in accessing business training, technical assistance, and business loans in the neighborhoods and communities of Buffalo, NY.
  • Provide one-on-one technical assistance to clients in financial literacy, credit, and business counseling, to establish financial stability and help them start or expand a business.
  • Support clients in developing business plans, business financials (including interim), and financial projections.
  • Recruit volunteer business coaches, match the coaches with appropriate clients, and manage these connections.
  • Guide clients through the microloan application process adhering to SBA and CDFI standards.
  • Assist in the underwriting of credit-building and business loans up to $20,000.
  • Log, monitor, and report the information in Loan Management database system.

Possible​ ​Functions​ ​and​ ​Responsibilities:

  • Support EDD in program development, including statistical analysis, project management, and other duties as assigned.
  • Develop economic development programs to benefit clients and/or other West Side residents.
  • Gather research to augment EDD’s current work.

Requirements:

Required​ ​Knowledge​ ​and​ ​Skills:

  • Strong knowledge of business plans, cash flow models, and other general business topics.
  • Strong understanding of lending, including credit history and collateral.
  • Strong customer service tendencies, especially in cross-cultural contexts.
  • Ability to manage, organize, and update relevant data using both cloud-based and software database applications, including loan management and outcome tracking systems.
  • Ability to create statistical tools and reports using spreadsheets.
  • Competent in MS Office products, Google products, email and internet applications.
  • Fluency in English language, both oral and written.
  • Demonstrated problem solving and people skills.
  • High accuracy in work, attention to detail.
  • Proven oral and written skills.

Preferred​ ​Knowledge​ ​and​ ​Skills:

  • Fluency in Spanish language, Asian/African languages, and/or Arabic.
  • Knowledgeable or ability to learn the neighborhoods and communities of Buffalo, NY, and immediate surrounding areas.
  • Bachelors in Business, Economics, Finance, or a related field.

Compensation:

For information about compensation, please visit: http://www.wedibuffalo.org/edc-americorps

How to Apply:

To apply, please visit http://www.wedibuffalo.org/edc-americorps

CEO The CARes Project, Inc.
Mocksville , NC
Job Function: Administrative/Operations/IT
Posted: November 6, 2017

Background:

The CARes Project, Inc. is an emerging CDFI that offers low interest car loans to credit-challenged working adults in Davie County, North Carolina. It was incorporated in June 2016 and opened in October 2017. CARes is a 501-c3 non-profit corporation incorporated in the State of North Carolina. CARes is a break-through initiative of United Way of Davie County (N.C.). Davie County is a rural county with one small town of Mocksville, NC.  Approximately 65% of the working adults in Davie County commute to another county to work by car. The CARes Project, Inc. is funded by the CDFI Fund, United Way of Davie County, the Davie Community Foundation, Walmart(s), and private donations.  CARes was started by David Roddick who now serves as the CEO. CARes is currently located in the United Way of Davie County building in Mocksville, N.C. Much more information about CARes can be found at our website: www.thecaresproject.org.

Position Summary:

The Chief Executive Officer (CEO) of The CARes Project, Inc. (CARes) is the top executive staff member of The CARes Project, Inc. The CEO is accountable to the Board of Directors (BOD) of CARes and directly reports to the President of the Board of Directors. The CEO is responsible for implementing the policies of CARes as established and approved by the BOD.

CARes plans to hire the new CEO around February 1, 2018. CARes has been approved for a TA grant from the CDFI Fund that will cover the CEO's salary and benefits for approximately two years.

Responsibilities:

1. to properly operate CARes (new policies and changes to existing policies require BOD approval)

2. Responsible for developing an annual budget for CARes that would be presented to the BOD for approval

3. Responsible for developing  a  3-year projected (future) budget for CARes that will be reviewed by the BOD Work with the clients served with guidance and direction to achieve the goals and objectives as established for each client within the guidelines of established program policies, procedures, and protocol of CARes

4. Treat all clients with respect and show no favoritism towards (or against) any client

5. Direct and work with subordinate staff of CARes to insure #1 & #2

6. Work directly with clients throughout the time a client is involved with CARes including financial and credit counseling and coaching

7. Train subordinate staff to deal with clients in the areas of a financial and credit counseling and coaching

8. Insures that CARes maintains all records (especially client files) updated, secured, and confidential

9. Responsible for making sure CARes completes all reporting requirements on a timely basis to the IRS, CDFI Fund, other government agencies, and funders and maintains a copy of that information in a secured file at CARes (exception: certain files are kept secured on secure websites)

10. Required to keep all Internet information as secured as possible and that computer data is backed up in a timely manner as appropriate

11. In charge of fund raising and maintaining funding necessary for the sustainability of CARes 

12. Become and remain active and engaged in the community to promote CARes to the community and to raise funds for CARes from community resources

13. Must maintain communication with community partners (those organizations and individuals in the community that assist with CARes carrying out its mission)

14. Secure funding from local, state and national sources including but not limited to: United Way(s); community, regional and national foundations; local and national businesses; local, state and national government agencies; and other local, state, and national sources

15. Responsible for the preparation and maintenance of all financial records in a complete and proper format as set by GAAP (Generally Accepted Accounting Principles)

16. Responsible for properly tracking and accounting for all income and expenses of CARes

17. Insures that income to CARes is properly documented, secured, and deposited in the bank account(s) of CARes

18. Responsible for insuring that all disbursements of CARes funds are appropriately authorized and documented

19. Responsible for over-seeing any additional staff of CARes

20. Responsible for proposing to the BOD the hiring of additional staff as needed and financially feasible for the proper operation of CARes

21. Responsible for discipline and termination of employees as specified in already established CARes policies.   

22. Assists the BOD in developing and modifying, as necessary, the policies and procedures needed

Requirements:

1. Must have at least an undergraduate degree in a field related to the basic mission of CARes as determined by the BOD 

2. Must have actual work experience from a business or non-profit organization where gained knowledge in working with those similar to the client base served by CARes  

3. Should have experience in personal financial management and personal credit management

4. Must have prior experience in personnel management and fund raising

5. Must be able to demonstrate professionalism while maintaining compassion for those served

6. Must be of high moral and ethical standard

7. Must remain transparent and accountable to the BOD

8. Must adopt and promote the vision and mission of CARes as established by the BOD.

Compensation:

It is the desire of the BOD of CARes to provide the CEO with comparable compensation and benefits to those in similar roles within the community.   Starting salary: $40,000-$50,000(excluding benefits)

How to Apply:

email david@thecaresproject.org

Executive Director Hopi Credit Association
Keams Canyon, AZ
Job Function: Financial Services
Posted: November 3, 2017

Background:

HCA is a non-profit lending organization founded in 1952 and is a Certified Native Community Development Financial Institute (CDFI) located on the Hopi Indian Reservation in northern Arizona.  HCA provides loans for Hopi members in consumer, business, home construction & home improvement, and financial education services - all intended to promote personal, community and economic growth.

Position Summary:

The Executive Director directs the overall operations of the HCA, assuring quality control over all aspects of HCA operations, ensuring financial soundness of the organization, compliance with HCA’s policies and procedures, and professional delivery of products and services in line with its Mission.

Responsibilities:

  • Provides planning, leadership and strategic direction in managing, directing, and administering the HCA.
  • Leads the Board in developing short & long-range strategic plans that clarify the direction HCA is taking to meet the needs of its target market in fulfillment of its mission.
  • Evaluates existing capital & revenue generating capacity and establish new pathways to private & public capital that will generate sustainable programs and activities that support the organizational mission, while simultaneously planning for retiring any accumulated debt.
  • Oversees the preparation of an annual operating budget, control expenditures, ensure sources of revenue meet the expenditures, and ensures HCA books are audit ready.
  • Creates/implements tracking systems to measure progress /impacts against stated milestones and goals that can be effectively communicated to the Board, funders and other constituents.
  • Formulates and execute effective marketing, branding and development strategies.
  • Oversees the recruitment, employment, training & development of personnel.  Assure personnel policies are adequate and current.
  • Develops and actively maintain partnerships with outside entities and individuals relating to funding, lending, financial literacy and assure an active public relations program to ensure visibility and support for HCA. 
  • Other duties as assigned.

Requirements:

  • Bachelor’s or master’s degree in nonprofit management, business or public administration, or related field and a minimum of 5 years work experience in executive management..
  • High emotional intelligence and excellent communication skills required to build and maintain strong relationships with other non-profits, funders, and community stakeholders.
  • Excellent grant writer with a proven track record for raising funds from multiple sources, including CDFI/NACA funding.
  • Skilled in non-profit management and human resources best practices, laws & regulations.
  • Experience managing a budget and performing business and program analysis.
  • Excellent written, oral and social media communications skills at all levels.
  • Excellent understanding and hands on operations of automated data processing systems applicable to fiscal and loan management.
  • Excellent customer service and public relations skills

Compensation:

Compensation for this position is negotiable and includes full benefits; Open until filled.

How to Apply:

To view the full Position Description and download the job application please log on to www.hopi-nsn.gov/hopi-credit-association and forward both application and resume to wayne@hopicredit.us or mail to Hopi Credit Association, P.O. Box 1259, Keams Canyon, AZ  86034.

Member Outreach and Engagement Coordinator Shared Capital Cooperative
St. Paul, MN
Job Function: Community Outreach
Posted: November 3, 2017

Background:

Shared Capital Cooperative is a cooperatively owned community-development loan fund committed to fostering a just, equitable and democratic economy by investing in the development and growth of cooperative enterprises.  A federally certified Community Development Finance Institution (CDFI), Shared Capital provides financing for cooperative businesses and affordable housing. Shared Capital is democratically owned and governed by more than 225 cooperatives in 35 states, including consumer, producer, housing and worker-owned cooperatives. Since its founding in 1978, Shared Capital has originated nearly $50 million in cooperative financing.

Position Summary:

We are seeking a Member Outreach and Engagement Coordinator to help advance Shared Capital’s work. The Member Outreach and Engagement Coordinator is a new position and reports to the Executive Director. The position is expected to deliver the following results:

  • Provide consistent and excellent customer service to members, investors and partners, including managing member and investor communications and follow-up.Develop and implement compelling opportunities to engage members and others in our work, including coordinating the annual general membership meeting.
  • Develop and manage effective marketing and outreach tools, including social media, website, newsletters and annual reports. 
  • Provide logistical support and coordination for the volunteer Board of Directors and Committees to support their smooth functioning and engagement.
  • Work with staff and board to enhance the communicating the organization’s vision and brand to multiple audiences, including current and potential members, investors and partners.

Responsibilities:

The Member Outreach and Engagement Coordinator job description is as follows:

Marketing and Social Media

  • Serve as the organization’s brand champion, communicating the brand and maintaining compliance with style guide and core messaging.
  • Manage the development and production of marketing materials, including the Annual Report.
  • Manage the development and distribution of a regular electronic newsletter to share stories about our work with our members and partners.
  • Maintain a compelling, up to date website.
  • Manage a strong organizational presence on social media including sharing and developing original content.
  • Lead the planning and coordination of the Annual General Membership Meeting and other events.
  • Work with design firm to develop advertisements and advertising campaigns as needed.

Member and Investor Relations

  • Deliver consistent and excellent customer service to members, investors and partners.
  • Act as the first line of response to inquiries and requests for information from members and the general public.
  • Manage timely regular mailings to members and investors, including board elections and voting. 
  • Develop tools and strategies to recruit new members and engage current members in our work.
  • Provide administrative support to the membership and investment programs, including processing new members and investors and maintaining accurate investor files.
  • Provide support to fund raising and capitalization efforts, including assisting with preparation of grant and investment applications, as requested.
  • Prepare annual progress reports to funders and investors.

Board and Volunteer Coordination and Engagement

  • Support the smooth functioning of the board of directors and committees by providing logistical and administrative support, including scheduling, reminders, distributing materials, coordinating conference calls, preparing refreshments, etc.
  • Take notes and prepare minutes for the Board of Directors meetings, and other committees as assigned.
  • Maintain Board and Committee Minutes binder with all approved minutes.
  • Maintain policy manuals, including tracking approved policy changes.
  • Recruit volunteer and interns.

Requirements:

The successful candidate will be a person with the following traits and qualifications:

Required Qualifications

  • Demonstrated strong customer service skills and experience
  • Excellent oral and written communication skills
  • Be self-directed and able to effectively organize priorities and manage multiple projects
  • Have a strong interest in social and economic justice

Preferred/Desired Qualifications

  • 3-5 years of customer service experience
  • Member engagement and outreach experience
  • Marketing experience in one or more of the following: social media marketing, messaging, website development, advertising and public relations
  • Newsletter writing and editing experience
  • Event planning and coordination experience
  • BA or higher in related field
  • Knowledge of and/or experience with cooperatives and/or  CDFIs

Compensation:

This position is full-time, non-exempt position located in our St. Paul office. 

Shared Capital offers competitive salary and generous benefits package, including employer-paid health and dental coverage, Health Savings Account, short and long-term disability, matching retirement contributions and generous Paid Time Off. 

Shared Capital is an equal opportunity employer. People of color are encouraged to apply.

How to Apply:

Submit a cover letter and resume to Christina Jennings at christina@sharedcapital.coop

Let us know of any questions by email or call 612-767-2100.

Marketing and Program Associate Entrepreneur Works
Philadelphia, PA
Job Function: Marketing/PR
Posted: November 2, 2017

Background:

Entrepreneur Works Fund is a non-profit, certified Community Development Financial Institution (CDFI) focused on growing small businesses and creating jobs in the Philadelphia metropolitan area. Our mission is to cultivate and promote successful entrepreneurs among underserved populations and in underserved areas of the region – entrepreneurs who then become economic engines in their own communities. By connecting hundreds of entrepreneurs each year with access to capital (microloans), one-on-one technical assistance, business training and networking opportunities, Entrepreneur Works Fund helps promising individuals develop economic self-sufficiency and create job opportunities through business ownership.

Since 1998 Entrepreneur Works has impacted approximately 5,000 entrepreneurs and advanced more than 450 microloans, investing a total of more than $1.7 million directly into neighborhood businesses. At least 79% of our clients identified as members of a racial minority, while 66% resided in low- to moderate-income households and 64% were women in our Fiscal Year 2017.

Position Summary:

The Marketing and Program Associate will play a key role in developing and implementing the organization’s marketing strategies with the goal of attracting new customers and heightening the brand and visibility of the organization. Entrepreneur Works is focused on expanding its lending and business support programs and developing new, competitive products and services that are relevant to the populations that the organization serves. 

Responsibilities:

Marketing/Outreach

  • Develop and execute sales/marketing strategies for loan products and business services 
  • Develop and execute digital marketing activities including social media platforms, email marketing, blogs, analytics; assist with maintaining WordPress website
  • Develop digital promotional material and collateral
  • Develop/secure digital content (e.g. articles, videos, e-books, white papers, photos, presentations)
  • Collect client stories and testimonials and create materials that tell their story
  • Manage offline marketing activities and outreach (distributing promotional materials, print ads, attending networking and promotional events)
  • Establish and maintain strategic partnerships with local organizations and businesses that have access to our target populations
  • Conduct on-going marketing activities targeted to Entrepreneur Works’ existing customers, customer database, and target market

Coordinating Programs/Services 

  • Coordinate logistics around workshops, meetings and networking events
  • Secure facilities and resources for workshops, meetings and networking events (e.g. presentation equipment, materials, instructors/guest speakers)
  • Correspond with business development consultants, instructors, and guests
  • Assist Director with developing programs, services and events and establishing program calendar
  • Track all client participation goals related to Entrepreneur Works’ contracts and grants, and ensure successful completion of goals
  • Draft program reports for Board meetings 
  • Perform other duties as assigned by Director of Entrepreneur Services

Requirements:

This position requires an exceptional communicator who can work well with a diverse group of customers, thrives in dynamic, multi-cultural settings, and is passionate about entrepreneurship, economic and social justice. Candidates should also have experience working independently, comfort managing their own projects, the ability to quickly learn and are confident offering new ideas.

QUALIFICATIONS

  • College degree preferred
  • Proven skills in digital marketing (social media, e-newsletters); familiarity inbound marketing
  • Extensive computer skills. Must be proficient with Microsoft Office Suite (especially Word, Excel, PowerPoint) 
  • Experience with the following programs or equivalent is strongly preferred: Canva, MailChimp, Salesforce; ability to learn new software applications quickly
  • Superior verbal and written communication skills; public speaking and presentation skills
  • Highly organized and detail-oriented; ability to multi-task
  • Creative and critical thinking skills
  • Ability to effectively communicate with people from various backgrounds  
  • Has demonstrated experience in community outreach
  • Must be committed to Entrepreneur Works’ mission of growing successful businesses in low- and moderate-income communities.

Compensation:

Salary commensurate with experience.

How to Apply:

Please send cover letter and resume via e-mail (with “Marketing and Program Associate” in the Subject Line) to Gabby Palumbo: gpalumbo@entre-works.org. No phone calls please.

Vice President of Finance and Lending Commongood Careers
Boston, MA
Job Function: Financial Services
Posted: October 30, 2017

Background:

Civic Builders sits at the nexus of community development and education.  Dedicated to giving every child the chance to attend a great school, Civic Builders partners with the nation's best educators to finance and build public charter school buildings. Our model for school development has earned numerous accolades and has been adopted by other nonprofit organizations across the country. We are an experienced team of real estate, finance, and development professionals dedicated to delivering inspirational educational facilities at affordable rates. 

We are a highly entrepreneurial organization that is growing quickly and our dedicated and talented team has positioned us to:

  • Invest more than $600M into low-income communities: we have developed a million square feet of real estate, representing 27 schools that serve over 11,000 students in the highest need neighborhoods, such as East Harlem, the South Bronx, Bedford-Stuyvesant, and Newark, NJ.  
  • Receive $78M of New Markets Tax Credits over three award rounds and access funding from the U.S. Department of Education.  
  • Partner with a leading national K-12 foundation on a $100M loan fund to provide low-interest capital, at an increased scale, to charter schools that are creating and expanding facilities.   

Position Summary:

Civic Builders believes that diversity, in all its forms, enriches society and our organization. Because we support students in the highest need neighborhoods, we have a particular charge to understand our schools and their communities. When our staff, board, and partners reflect, value, and embrace the voices and perspectives of those most impacted by what we do, we have a deeper understanding and connection to their needs and more effectively achieve our aspiration of improving lives, revitalizing communities, and helping children receive the education they deserve. 

To learn more about Civic Builders, please visit www.civicbuilders.org

The Opportunity:

We are seeking a creative, strategic, and entrepreneurial community development leader to join our team as the Vice President of Finance and Lending. In this significant leadership role, the Vice President will work with both internal and external stakeholders to implement creative solutions for borrowing and lending to public charter schools. 

The Vice President will focus on leading our financing activities, particularly driving the implementation of a new $100M loan fund, including origination and underwriting; growing our relationships with funders and financing partners; and ensuring the effective deployment of our New Markets Tax Credits. The Vice President of Finance and Lending will report to Civic Builders’ CEO and Co-Founder, David Umansky, and serve as part of the organization’s collaborative leadership team, with responsibility for supervising two direct reports.  As Civic Builders continues to expand our portfolio and develop new products, the Vice President for Finance and Lending will play a significant role in continuous, strategic improvement efforts so that we can continue to fulfill our mission. This is an exciting opportunity for an entrepreneurial finance professional to join a growing, mission-driven organization that is making a tangible impact for students and families in under-resourced communities.

Responsibilities:

  • Execute on business development strategy for Civic Builders’ lending services 
  • Oversee Civic Builders’ financing work, including activities across multiple products such as New Markets Tax Credits, CDFI Bond Guarantee Program, and tax-exempt bonds
  • Manage finance structuring for new projects and refinancing of Civic Builders’ existing real estate assets
  • Lead credit and underwriting processes, including further development of credit policies and procedures; review and analyze tenant and prospective tenant financials
  • Build and maintain relationships with CDFI lenders, commercial banks, and other capital market partners and relevant stakeholders to support our continued growth and improve borrowing costs
  • Collaborate with Civic Builders’ Strategy and Leadership teams to identify and cultivate opportunities to support growth within its financial services offerings
  • Directly supervise a team of two that is growing, coaching toward high performance and growth in their professional tracks

Requirements:

As the incoming Vice President of Finance and Lending you will possess many, though perhaps not all, of the following characteristics and qualifications: 

  • You bring 10+ years of professional experience in finance, with specific experience in lending, bonds, or other financing transactions, including real-estate transactions. You demonstrate a high degree of familiarity with financial analysis, accounting, and audit principles. 
  • Your community development lending or borrowing background includes experience with nonprofit public charter schools, and you are passionate about Civic Builders’ mission to provide access to inspirational educational facilities. 
  • You are motivated by business development goals and building authentic and long-term relationships with potential borrowers and lenders, and you can convey the potential of different products and solutions to a range of stakeholders in a compelling way. Your excellent communications, interpersonal skills, and strong professional judgment position you to be an effective external representative for Civic Builders. 
  • You are an innovator and a strategic thinker who can guide an idea into implementation, and you have successfully led or participated in developing and/or implementing new product offerings in a financial services environment.
  • You thrive in high-growth, fast-paced organizational cultures, with the ability to build out new initiatives and navigate ambiguous situations. 
  • You approach your work with flexibility and a commitment to teamwork, and you are excited about working with our small, smart, and ambitious team. An effective staff leader, you have previously managed staff members and helped them grow in their roles. 
  • You hold a bachelor’s degree; you may also have an MBA or similar advanced degree. 

Compensation:

Civic Builders offers a competitive salary and benefits, commensurate with experience and skills.

Civic Builders is an equal opportunity employer and as such, we do not discriminate against any team member or candidate because of race, creed, color, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy, or any other basis protected by law.  We encourage all to apply and we believe a diversity of voices leads to better discussions, decisions, and outcomes for everyone.

How to Apply:

Please upload a resume and thoughtful cover letter, outlining how your skills and experience meet the qualifications of the position and stating how you heard about this opportunity, both in Word format, addressed to David Umansky here.

Applications will be reviewed on a rolling basis.

About Commongood Careers:

Civic Builders has partnered with Commongood Careers to conduct the search for a Vice President of Finance and Lending. Commongood Careers is a mission-driven search firm that supports the hiring needs of high-impact nonprofits. With an approach that leverages robust talent networks, recruitment and search management expertise, and a deep understanding of our clients’ mission and culture, we help organizations secure the talent they need to create greater social impact. Since our founding in 2005, Commongood Careers has led more than 800 searches at 300 organizations in 33 states, making us one of the most experienced and dedicated nonprofit search firms in the country. Learn more about nonprofit job opportunities at Commongood Careers.

Consultant FUND Consulting
Chicago, IL
Job Function: Grant Writer
Posted: October 27, 2017

Background:

FUND Consulting is a women-owned firm located in the City of Chicago with a staff of eight. Our team provides both strategic and operational services to community development financial institution (CDFI), nonprofit, and government clients nationwide.

Founded in 2000, FUND Consulting has worked with over 350 clients and raised over $430 million in government and local grants, investments, and tax credits for its clients.
In addition, FUND Consulting has helped organizations understand market needs to enhance and develop products and services through the completion of 96 market analyses and supported the strategic growth of organizations through the delivery of over 60 business, strategic, and capitalization plans.

Position Summary:

FUND Consulting is looking for a Consultant to join our team in Chicago full-time. The position is approximately 60% grant applications and management (mostly government grants) and 40% research (data collection and analysis) and strategic projects (market studies, strategic plans, etc.). We are not looking to outsource to outside consultants for this particular position.

Responsibilities:

  • Client/Project Management
  • CDFI and other grant applications
  • CDFI compliance
  • Strategic Planning
  • Market Study
  • Capitalization Plan
  • Impact Systems and Analysis

Requirements:

The most important requirements for this position are excellent writing skills, research experience, proficiency with Excel and data manipulation, and experience in project management. CDFI and CRA experience is a plus.

Compensation:

$50,000 - $70,000

How to Apply:

Please email resume, salary requirements, and writing sample to mbose@fundconsulting.com.

Affordable Housing Lending Program Associate New Jersey Community Capital
Newark, NJ
Job Function: Business Development
Posted: October 26, 2017

Background:

Do you have a passion for strengthening communities by helping low-to-moderate-income families to reach their goal of homeownership? Are you an experienced Housing Counselor or have worked for mortgage lenders or understand affordable housing and are looking to have a greater impact on the communities you serve? If so, we have a terrific opportunity for you!

New Jersey Community Capital (NJCC) has collaborated Affinity Federal Credit Union, The Credit Union of New Jersey, and Greater Alliance Credit Unions to build Address Yourself® (www.addressyourself.org), an affordable housing initiative that combines budgeting, homeownership, and credit counseling with access to affordable mortgage products. Working in conjunction with Balance and Navicore Solutions, who are nonprofit HUD-approved counseling agencies, the goal of our effort is to offer affordable mortgage products designed especially for low-to-moderate income families.

Position Summary:

You will use your experience and relationships in the Affordable Housing and Credit Counseling communities to build awareness of this groundbreaking program. You will be an essential part of the team that ensures that potential borrowers have a high-touch, high quality, life of loan support experience.

Responsibilities:

What you’ll do

You will:

  • Build and maintain relationships with nonprofit organizations and participating financial institutions, principally credit unions, throughout the state of New Jersey 
  • Support the marketing and development of a pipeline of low –to–moderate income families who, after receiving housing counseling, will qualify for a mortgage in less than a year. 
  • Supporting, developing, and implementing strategies to increase the number of new loan transactions. Outreach with and through social media channels.
  • Manage the Address Yourself® website and work with partners to keep it relevant and active.
  • Manage a cycle of business development – prospecting, developing and relationships, and introducing borrowers our counseling/lending system 
  • Collaborate closely with non-profits, credit unions, servicing organizations, mortgage underwriters, real estate agents, local municipalities, housing counselors, and government sponsored enterprises.

Requirements:

The skills you'll need

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

  • Have a passion for Affordable Housing and a strong customer service attitude.
  • Have experience in housing counseling, consumer finance, and/or residential mortgage lending.
  • Be committed to mission driven work that supports low and moderate income families, especially in foreign born communities.
  • Ser fluente en Español.
  • Have excellent communications skills with an interest in marketing.
  • Be able to demonstrate proficiency with Microsoft office; InDesign experience a plus. (Extra points for experience with Salesforce!) 
  • Hold a Bachelors or Master’s degree in a related field.

What else you'll need to know

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

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

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

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

Compensation:

NJCC offers a competitive nonprofit salary based on experience and skills, as well as an attractive benefits package including health, dental, disability and life insurance; 401(k) savings plan after one year’s service; flexible spending accounts (medical, dependent care, and transportation); and 23 paid leave days (includes sick, personal, and vacation) plus 12 paid holidays.

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and resume to hr@njclf.com. Please include “Affordable Housing Program Associate (OFN) – Your Name” in the email’s subject line. 

Commercial Loan Underwriter New Jersey Community Capital
New Brunswick, NJ
Job Function: Lending/Loan Operations
Posted: October 26, 2017

Background:

Are you a Commercial Loan Underwriter with a passion for Economic Development?

Do you desire to be a member of a mission-based organization that makes valuable contributions to the communities we serve? Do you enjoy working as a part of a committed and dynamic Lending team? If so, read on!

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

Position Summary:

Evaluating loan/investment requests will be at the very heart of your role. You will work in a variety of sectors, including affordable housing, small business, education, and early care.

Responsibilities:

What you’ll do

You will help achieve our mission by:

  • Being part of the Lending Team in underwriting, preparing committee approval, and ongoing portfolio management reports. You’ll participate in client calls and site inspections.
  • Serving as a primary underwriter for on- and off-balance sheet transactions, New Markets Tax Credit (NMTC) allocations, and third party delegated underwriting.
  • Working with borrowers to structure the transaction, conducting due diligence and financial analyses, drafting credit memoranda in collaboration with the Lenders, and presenting loan recommendations to NJCC’s Credit Committee.
  • Assisting with marketing NJCC’s loan products to potential borrowers at conferences and industry events. 
  • Preparing analytic reports on loan portfolio performance on a quarterly and annual basis.
  • Assisting lenders in the management, restructuring, and/or analysis of any required loan restructuring or workout.

Requirements:

The skills you'll need

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

  • Have a passion for customer service and a strong attention to detail.
  • At least 1 year of relevant experience in underwriting commercial loans, financial analysis, real estate, and accounting, familiarity with non-profit accounting is a definite plus!
  • Thrive under pressure and have the determination to continuously improve standards for our customers.
  • Have great interpersonal skills to be able to communicate clearly with the Lending team, Credit Committee, and partners.
  • Have excellent analytical skills and the ability to put your analysis in writing that is easily understood.
  • Demonstrated ability to balance multiple tasks; work well independently; and prioritize and meet specific deadlines.
  • Be proficient with in MS Office Excel, Word, and other technology tools.
  • Have the ability to travel throughout the state to meet with borrowers.
  • Commit to developing new skills and responsibilities.
  • Have an Undergraduate degree (extra points for a graduate degree!)

What else you'll need to know

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

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

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

Compensation:

NJCC offers a competitive nonprofit salary based on experience and skills, as well as an attractive benefits package including health, dental, disability and life insurance; 401(k) savings plan after one year’s service; flexible spending accounts (medical, dependent care, and transportation); and 23 paid leave days (includes sick, personal, and vacation) plus 12 paid holidays.

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and resume to hr@njclf.com. Please include “Underwriter (OFN) – Your Name” in the email’s subject line.

Community Development Lender New Jersey Community Capital
New Brunswick, NJ
Job Function: Lending/Loan Operations
Posted: October 26, 2017

Background:

Come join us as a Community Development Lender!

Passionate about groundbreaking community development and mission-driven leadership in a growing organization?

If so, we’d love to hear from you! In this role, you can expect that:

  • You’ll be integral to helping us to accomplish our mission driven goals of investing in the communities we serve..
  • We’ll look to you to be proactive in finding ways to help our customers and partners to strengthen neighborhoods through economic development.
  • Joining us will give you the opportunity to apply a broad array of community development lending tools available to help our clients deal with a variety of complex issues – you’ll never be bored!

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

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

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

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

Position Summary:

This is a production type loan officer job.

Responsibilities:

What you’ll do

Customers will be at the very heart of your role, and you’ll be their primary point of contact to help solve the complex problems they face. You will work in a variety of sectors, including affordable housing, small business, education, and early care.  

You will help us grow by:

  • Being part of the Lending Team to generate a pipeline of projects in an array of assets. The primary goal is generating loan activity.
  • Collaborating with internal and external parties (banks, co-lenders, attorneys, etc.) to structure loan transactions. This includes managing negotiations, reviewing real estate contracts, leases and due diligence.
  • Managing relationships with other strategic partners, including for-profit and nonprofit financial institutions and local, state, and national governmental subsidy programs, that could support potential permanent financing structures for our borrowers.
  • Effectively present your loan recommendations to our Credit Committee and manage the closing process.

Requirements:

The skills you'll need

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

  • Have a passion for customer service and a strong attention to detail.
  • At least 2 years of relevant experience in lending, finance, community development or related field. You’ll have demonstrated experience in real estate or small-business lending.
  • Thrive under pressure and have the determination to continuously improve standards for our customers.
  • Have great interpersonal skills to highlight the benefits of our products to each client and partner
  • Have excellent analytical skills and the ability to put your analysis in writing that is easily understood.
  • Have a high level of organization to work independently and handle multiple tasks.
  • Commit to developing new skills and responsibilities.
  • Have an Undergraduate degree (extra points for a graduate degree!)

Compensation:

NJCC offers a competitive nonprofit salary based on experience and skills, as well as an attractive benefits package including health, dental, disability and life insurance; 401(k) savings plan after one year’s service; flexible spending accounts (medical, dependent care, and transportation); and 23 paid leave days (includes sick, personal, and vacation) plus 12 paid holidays.

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and resume to hr@njclf.com. Please include “Community Development Lender (OFN) – Your Name” in the email’s subject line. 

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