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.

Housing Specialist Housing Assistance Council
Washington, DC
Job Function: Lending/Loan Operations
Posted: July 16, 2019

Background:

The Housing Assistance Council (HAC) is a national nonprofit organization that seeks to strengthen communities across rural America through investment and assistance with affordable housing and community and economic development initiatives. Based in Washington, DC, HAC is actively involved in shaping federal policy and the affordable housing industry with its research, lending and conferences. We also deliver technical assistance, training and affordable loans at the local level to organizations that help rural communities prosper.

Position Summary:

The Housing Specialist will contribute to all aspects of HAC’s mission through a combination of responsibilities and special projects involving place, people, and community-based strategies. With a primary focus on development and sustainability of capacity to improve the housing conditions for the rural poor, the Housing Specialist will be responsible for providing direct technical assistance, coaching and training to nonprofit organizations, government agencies and others pursuing affordable housing and community economic development opportunities through state and federal programs.
The position comes with a competitive salary, generous benefits and the opportunity to work in a fun and missionfocused environment.

Responsibilities:

The Housing Specialist will be primarily based in either the Southwest or Western states and work with local partner organizations to identify financial resources and funding opportunities to support the preservation and development of affordable housing and community and economic development strategies specifically throughout expanses of Southwest and/or Western rural America. Duties include:
 Work collaboratively with HAC’s national office and regional staff through a national program of assistance to rural America.  Provide housing and organizational development related technical assistance, training and information to nonprofit organizations, government entities, local communities and others to enhance their capacity to respond to their housing needs.  Provide input on development of training and materials on a variety of rural housing and organizational development topics.  Monitor housing needs and activities of specifically assigned communities and/or organizations.  Develop workplans to ensure the delivery technical assistance and training, and monitor progress in achieving stated goals.  Maintain contact with agencies, organizations, and state and local officials to provide and receive information on rural housing policy and program implementation.  Serve as a liaison between local communities and governmental agencies in efforts to secure funds and other assistance, including assisting in the development of applications for funding and interpreting the housing needs of local communities to governmental agencies.
 Assist with implementation of research and information activities and loan fund activities, as needed.  Plan and coordinate work with other HAC staff and external partners.

Requirements:

The Housing Specialist will have knowledge of applicable federal, state, and local laws, rules and regulations, particularly those related to planning, zoning, and land use, as well as demonstrated knowledge of HOME and CDBG programs and associated federal programs. In addition, s/he will possess:
Required:  Undergraduate degree in public administration, business, economics, political science, regional planning, sociology, or other related field or relevant work experience.  Four (4) years of relevant nonprofit or tribal organization work experience.  Demonstrated experience with federal programs such as HUD and USDA funding programs.  Strong working knowledge of Microsoft Office, including Word, Excel, Outlook, and PowerPoint.  Ability and willingness to travel and proximity to beneficiary organizations and or service region.
Preferred:  Advanced degree in public administration, business, economics, political science, regional planning, sociology, or specific education and or training in architecture or construction science.  Demonstrated experience with federal programs such as HUD and USDA funding programs, including those focused on Native Americans, Farmworkers and Colonias.  Project management experience specific to affordable housing.  Experience with LIHTC funding and Private Activity Bonds.  Experience with managing contracts, grant administration, and compliance monitoring.  Bilingual proficiency English/Spanish.  Located within 2 hours of a major airport.
Any equivalent combination of education, training, and experience, which would provide the required knowledge and skills, may be considered.

Compensation:

The salary for this position is negotiable based on experience and qualifications. HAC offers an excellent benefit package including health coverage, flexible spending account, disability and life insurance and 403(b) contributions.

How to Apply:

Cover letters, to include salary history/requirements and resume should be directed to jobs@ruralhome.org. Please be sure to include “Housing Specialist” in the subject line. Submissions received without cover letters with the required salary information will not be considered.

Accounting & Loan Servicing Specialist Dakota Resources
Sioux Falls, SD
Job Function: Accounting
Posted: July 12, 2019

Background:

Hi, we’re Dakota Resources. We’re a nonprofit CDFI that supports a thriving rural. Our programs empower rural leaders by connecting them to capital, coaching and community. We’re a scrappy, remote team based in Renner, South Dakota that is here for South Dakota’s small towns. We’re almost 25 years into our mission, and we’re building an organization that can last many times longer. We believe in creating a work environment that helps our people do the best work of their lives AND still have a vibrant life outside of work. We are committed to recruiting top talent, so we offer great pay and flexibility, with some of the most generous benefits around.

We’re looking for the next member of our team. If this seems to be for you, we’d love to meet.

Position Summary:

You love spreadsheets and get a kick out of financial reports. People would describe you as “analytical” and “disciplined,” yet “adaptable.” You’re happy knocking out a checklist and don’t need anybody looking over your shoulder every day. You’re comfortable as part of a small, mission-driven, multi-tasking team. Plus, you believe the future is packed with possibility for small rural communities.

Responsibilities:

Accounting and Loan Servicing responsibilities:
Invoicing, accounts payable and checks/wire transfers;
Employee expense reports, credit card and bank statement reconciliations, Expensify management;
Manage review of bi-weekly payroll files;
Assist with loan documentation and annual borrower reviews;
Assist with completing financial and lending reports;
Manage monthly/annual memberships and MOUs;
Other accounting- and financial-related responsibilities in support of the mission.
Admin and Reporting responsibilities:
Manage lending impact data collection;
Assist with grant, donor, and investor reporting;
Manage internal communication, paperwork and renewals related to payroll and benefits;
Assist with onboarding and offboarding employees;
Other administrative and reporting responsibilities in support of the mission.

Requirements:

Important Skills and Experience:
Accounting experience;
Knowledge of and familiarity with GAAP;
Some familiarity with finance and loan servicing;
MS Excel skills; Word and Outlook familiarity;
Writing and verbal communication; and
Attention to detail and routine.
Important Values and Personality Strengths:
Analytical and disciplined, yet adaptive;
Ability to work independently and move projects forward;
Comfort working in a mostly remote team;
Professional and positive;
Humble and curious;
Bonus points if you also have:
Quickbooks skills;
Experience in the non-profit/NGO sector;
Experience in community development lending operations;
Experience working in a remote team;
Lived and/or worked in a rural community;
Experience working with Native American and/or Hispanic communities; and/or
A bachelor’s degree or higher.

Compensation:

Salary $50,000-65,000 depending on your experience, plus some of the most generous benefits around. Hey, did you know South Dakota has NO INCOME TAX?

How to Apply:

APPLY TODAY: dakotaresources.bamboohr.com/jobs/

Loan Administrator Corporation for Supportive Housing
New York, NY
Job Function: Lending/Loan Operations
Posted: July 12, 2019

Background:

Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
- Helping communities create 300,000 homes for individuals and families who did not have one;
- Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
- Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Loan Administrator to work with our Finance team.

Position Summary:

Why we need you:
CSH is seeking an enthusiastic, results-oriented, equity focused Loan Administrator who has a passion for the CSH mission and the proven ability to work well both independently and within a multi-disciplinary team. Reporting directly to the Loan Portfolio Manager, the Loan Administrator will be responsible for developing analyses, and transactional and portfolio reporting while also performing the day-to-day activities related to closing loans. This position is located in CSH’s New York office.

Responsibilities:

What you will do:

Loan Administration and Closing
• Understand loan structure, loan documentation and effectively monitor the loan servicing portfolio.
• Create and maintain hard copy loan files
• Prepare for funding and onboarding new loans including renewals, extensions and restructures.
• Follow up with Borrowers and Community Investment on auto-extensions and extensions.
• Collect, review and analyze project updates.
• Complete and distribute Audit Confirmations related to the Loan Portfolio.
• Work with internal partners (lenders, legal team and finance staff) to proactively address compliance issues, address required modifications a loan or grants terms and conditions and resolve issues that arise during the course of loan administration and closings.

Reporting
• Assist with loan and portfolio reporting, including regular status reports.
• Prepare and ensure timely reporting to investors, the CDFI fund and other internal and external stakeholders.
• Support and collaborate with Fund Development, Community Investment Team, Executive Staff and other internal stakeholders on preparing and analyzing reports as needed.

Financial Analysis and Management
• Provide necessary schedules and information to maintain accuracy of information in the general ledger regarding above activities.
• Other duties or special projects as directed by the Loan Portfolio Manager.

Requirements:

How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.
• 3-5 years of experience in loans or accounts receivable management and administration highly desirable.
• Bachelor’s degree in business or economics highly desirable.
• Analytical, with an ability to identify and resolve problems.
• Ability to capture, synthesize and present information in report form.
• Ability to meet the needs of internal and external customers by delivering high quality service.
• Experience with reporting utilizing multiple databases, statistics and experience using a range of quantitatively-based analytical methods.
• Experience incorporating the perspectives of multiple communities, including communities of color, in the consideration of impacts and outcomes of a decision-making process.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities is preferred.
• Proficient with spreadsheets, standard office automation applications and relational database structures.
• Familiarity with MS Dynamics or other complex accounting systems a plus
• Proficient with loan administration software platforms, preferably The Exceptional Assistant (TEA)
• Strong analytical, interpersonal, presentation and written and verbal communication skills with the ability to present to diverse audiences, specifically racially, ethnically and socially diverse communities.

Compensation:

Commensurate with Experience

How to Apply:

Interested in joining our team as a leader in the national supportive housing movement?
To Apply:
Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=105&...

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

Controller RSF Social Finance
SAN FRANCISCO, CA
Job Function: Accounting
Posted: July 11, 2019

Background:

At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through integrated financial and philanthropic services that generate positive social and environmental impact while fostering community and collaboration among participants.

With a 35 year track record of deploying loans, grants, and other catalytic capital to social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so, we identify and seek a particular set of skills and experience to meet specific organizational needs. At the same time, we seeking candidates who align with our mission and values.

Position Summary:

Position Summary:
RSF Social Finance is seeking a full time Controller. The Controller will report to the CFO and manages the operations of the Accounting Department for RSF and its related companies. This role has responsibility for ensuring that accurate and timely financial information is available to Management, the Board, and the external auditors and that information is prepared in accordance with legal requirements. The Controller is responsible for management of the accounting team where the number of direct reports will vary based on the needs of the organization.

Responsibilities:

Responsibilities:
Accounting

Ensure internal controls are adequate
Respond to inquiries by audit committee and external auditors
Support investments and cash management
Develop and monitor budgets
Supervise the accounting team operations to ensure the accurate and timely recording of and reporting of all financial transactions of RSF and its related companies, in compliance with all applicable regulatory and legal rules and regulations for nonprofits designated as IRS 501(c)(3) organizations.
Produce monthly information to ensure that the Board and team managers are informed about the financial performance of the organization.
Design and record the internal control systems related to accounting across the organization. Work with the external and internal auditors and other managers as required to review and test control processes.
Prepare the Operating budget for RSF departments and ensuring the budget is correctly recorded.
Support the management or cash-flow across the group companies and ensuring those operations are adequately funded and all liabilities can be met as they fall due.
Manage entry and payment of client quarterly standing instructions
Work with individuals throughout the organization to ensure that quarterly and annual reporting is prepared within agreed deadlines.
Provide input to ensure accounting systems and processes are designed and implemented as required for new RSF initiatives and providing advice as required to managers regarding accounting implications of their activities.
Work with Information Systems Team and CFO to ensure the ongoing development of the accounting systems and their reporting capability.
Support quarter end statement production process as required.
Perform additional duties as assigned by the CFO that are within the scope of currently assigned duties and the incumbent’s related work experience.

Requirements:

Knowledge, Skills, and Abilities

Certified Public Accountant
Minimum of ten years of accounting experience in a financial institution, with at least five years of supervisory experience.
History of progressive responsibility in financial management and analysis in a multiple entity environment
Experience in accounting and reporting methods appropriate to nonprofit organizations.
Cash/banking relationship management experience.
Thorough understanding of GAAP, be an effective problem-solver, and be able to communicate complex accounting issues in lay terms.
Strengths in detailed work requiring attention and diligence
Excellent written and verbal communication skills
Methodical, systematic and efficient approach to tasks
Loan accounting experience
Advanced Excel skills
NetSuite and/or Sage Intacct systems knowledge a plus
Basic understanding of Salesforce preferred
Experience with Accounting systems upgrades/changes

Compensation:

Compensation & Benefits:

The expected initial salary for this position is expected to be in the $140-180k range depending on experience. Other benefits include:

A fulfilling work environment at a supportive and entrepreneurially-driven organization
A competitive compensation package including employer-paid medical, dental, and vision insurance benefits
Very generous vacation and sick leave benefits plus nine paid holidays per year
403(b) plan with employer-paid contributions after one year of employment
Exposure to innovative ideas, projects, and collaborative staff activities
Access to numerous professional development opportunities

How to Apply:

Application Instructions:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience would make you successful in this role.

In the e-mail subject line, please write “Controller”.

Please note that applications without a cover letter will not be considered. No phone calls please.

Applications will be accepted on a rolling basis.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply.

Investor Relations Manager CDC Small Business Finance
Location Open, All
Job Function: Relationship Management
Posted: July 5, 2019

Background:

You’re at the front door of CDC Small Business Finance (CDC), a nonprofit with a passion for helping Main St. small businesses grow and create jobs. We offer a variety of low-interest financing that fit the needs of small businesses no matter where they are in the growth cycle. Start-ups to seasoned companies and every small business in between can benefit from our financing programs. Our experienced staff takes pride in making a difference with small business owners and is considered the best in the business. CDC Small Business Finance is a not-for-profit lender providing capital to small businesses so they can expand, grow and create jobs in California, Arizona and Nevada. In 40 years, CDC has helped create over 203,000 jobs by leveraging more than $18 billion in loans to over 11,000 small businesses. CDC has a powerful culture and a workplace made up of employees who look forward to coming to work and feel connected to each other through our shared mission of helping small businesses. CDC is seeking a candidate with a strong understanding of small business and commercial real estate financing markets; a professional who is also entrepreneurial, and has a client-minded focus, to join our team and take us to the next level of impact by managing our investor relationships. Check us out at www.cdcloans.com

Position Summary:

The primary responsibility is to lead, build and accelerate an integrated investor relations strategy for the firm.

Responsibilities:

Essential Functions/Responsibilities:
• Develop a robust investor relations strategy and framework
• Develop and maintain long-term relationships with all existing and prospective investors, as well as capital intermediary partners (e.g. investment banks, CDFI capital partners). The target investor
base will extend beyond CDC SBF’s historical investor base (e.g. CRA-motivated institutions and foundations) to also include mainstream investors, with a focus on the emerging class of market
investors looking for financial and social returns
• Manage the preparation of presentation and pitch materials for new investor pursuits, tailoring the narrative based on investor targets
• Quarterback the execution of capital transactions with investors, partnering across other departments (e.g. Lending, Finance, Operations, Sales) as necessary
• Analyze and prepare insights on capital market activity and trends, including implications to CDC Small Business Finance’s overall strategy, and present them to the leadership team

Requirements:

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job:
• A Bachelor’s degree in business, finance, or accounting
• 10 or more years of relevant experience, ideally interacting directly with investors in a capital markets function
• Strong understanding of small business and commercial real estate financing markets
• A professional who is also entrepreneurial, and has a client-minded focus
• Enthusiasm for CDC Small Business Finance’s mission to support those who face the greatest obstacles in securing capital
• Must be able to perform in a high-pressure environment, and be able to meet tight deadlines
• Has superb written and verbal communication skills, as well as the ability to draft engaging and impactful messages for inspiring investors
• Bachelor’s Degree or 7-10 years of direct work experience in lieu of degree.
• Some travel required (25% of time).
• Proficient in Word, Excel, and PowerPoint

Compensation:

Compensation includes a base salary plus the opportunity to earn a bonus based on performance. Benefits include low cost health, dental, vision, life/disability and a 401(k) plan with 50% match and NO salary cap.

How to Apply:

Please send resumes to ehebert@cdcloans.com

Manager, Lending CAHEC
Raleigh, NC
Job Function: Lending/Loan Operations
Posted: July 3, 2019

Background:

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Manager, Lending position for CAHEC Capital, Inc. – a nonprofit Community Development Financial Institution (CDFI) that serves as the lending affiliate of CAHEC. CAHEC is a non-profit tax-credit syndicator based in Raleigh, NC that fosters healthy neighborhoods by raising equity capital and investing in affordable rental housing and community revitalization. Our portfolio comprises 700 assets in eleven states. CAHEC Capital promotes sustainable housing opportunities by providing flexible and affordable loan products to affordable housing developments financed by CAHEC.

Position Summary:

The Manager, Lending is a CAHEC employee who serves as the primary liaison to CAHEC Capital, Inc. The position is responsible for strategic planning, budgeting, raising and deploying capital, and administering the operations of CAHEC Capital and other CAHEC lending programs. Operational oversight includes providing administrative and professional support to the Board of Directors of CAHEC Capital and coordinating and managing the efforts of key CAHEC employees and third-party providers who support CAHEC Capital’s activities. Based on experience and judgement, the position analyzes, evaluates, and presents recommendations regarding the financing and investment in complex real estate transactions.

Responsibilities:

• Independently manage CAHEC Capital’s Loan Programs that are geared specifically toward affordable housing developers within the LIHTC industry.
• Oversee day-to-day operations of CAHEC Capital and serve as liaison to CAHEC Capital’s independent Board of Directors.
• Pursue business development opportunities to expand and enhance borrower relationships and lending opportunities.
• Evaluate existing loan products and develop new opportunities that support community development and affordable housing.
• Oversee lending program operations including loan production goals; design and implementation of new and updated financial products and services; portfolio management; loan policies and systems, reporting of the loan portfolio reporting; loan servicing, and business development.
• Manage the entire loan closing process including coordination with internal departments, borrowers, and external legal counsel.
• Maintain CAHEC Capital’s status as a certified CDFI including reporting requirements and serve as the lead for all future grant applications.
• Maintain a quality CAHEC Capital Board of Directors and provide ongoing analysis of operations and lending activities.

Requirements:

Education Requirement
• Bachelor’s degree in real estate, finance, business, city planning, or economics. Or, an equivalent combination of education and comparable work.

Work Experience
• Minimum five (5) years progressively responsible work experience relevant to real estate financing and lending, including knowledge of underwriting and partnership law and taxation, the CDFI/community development financing industry, and/or Low Income Housing Tax Credits.

Knowledge, Skills, and Abilities
• Working knowledge of lending including the loan functions of closing, servicing, reporting, and administration.
• Proven ability of the following: seek and develop productive working relationships in order to promote and present complex lending products, negotiate complex transactions tactfully, analyze and develop complex financial lending models, and demonstrate advanced proficiency in Microsoft Word and Excel.

Work Environment
• This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation:

Compensation and Benefits: CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.

How to Apply:

For more information and how to apply, please visit www.cahec.com.

Portfolio Management Analyst Washington Area Community Investment Fund
Washington, DC
Job Function: Lending/Loan Operations
Posted: June 28, 2019

Background:

Since its inception in 1987, the Washington Area Community Investment Fund (Wacif) has closed nearly 400 loans totaling more than $32 million in strategic financing for small business startup and growth, affordable housing developments and cooperatives, and childcare and community facilities throughout the Washington, DC, metropolitan region. Wacif is a nonprofit Community Development Financial Institution (CDFI), and over the past seven years has closed nearly 130 loans totaling $8 million, assisted over 2,000 entrepreneurs with small business coaching and technical assistance, resulting in over 300 local jobs created or retained.

Position Summary:

The Washington Area Community Investment Fund (Wacif) seeks to fill the full-time position of Portfolio Management Analyst, which will be responsible for loan closing, loan disbursements, loan monitoring and portfolio reporting operations. Responsibilities will include reviewing loan documents for accuracy and consistency with approved loan terms and facilitating loan closing and loan disbursements. The Portfolio Management Analyst will also be responsible for accurate and complete loan files and will be a liaison between Lending and the Finance department. The position will analyze required borrower reports and test financial statements to confirm compliance with financial covenants.

Responsibilities:

Loan Documentation & Closing (40%):
• Coordinate closing and funding process in conjunction with lending officers, borrowers and legal counsel.
• Manage the flow of loan documents from the commitment stage through closing and disbursement of funds.
• Review loan and other closing documents to ensure no losses as a result of improper closing procedures.
• Ensure compliance with all loan closing and funding requirements.
• Ensure electronic and database files are kept organized, maintaining an audit trail of all closing steps.

Portfolio Management (40%):
• Communicate effectively with borrowers and serve as one of the primary points of contact for loan closing and post-closing loan management.
• Review and process funding disbursement requests, ensuring proper documentation and compliance with loan conditions.
• Collect financial statements and reporting documentation and assist in determining financial condition, credit-worthiness and project compliance for all borrowers.
• Maintain working knowledge of loan policies and procedures.
• Work closely with the Finance department to ensure correct accounting for all loans.
• Effectively track, analyze, communicate, and make recommendations to address loan delinquencies.
• Maintain post-closing credit and monitoring of original documents and electronic files.
• Prepare and maintain lending operations and activity reports.
• Maintain the loan portfolio management system and related databases.

Social Impact, Compliance, & Reporting (10%):
• Work with other staff to prepare compliance and impact reports for funders and investors.
• Work collaboratively with other departments to manage information, reporting and document preparation for various internal and external needs.

Other duties as assigned (10%):
• Assist or lead ad-hoc projects as assigned that may include industry research, product development, operational efficiency, compliance and reporting systems protocol, social impact tracking development, funding applications or policy analysis.

Requirements:

• Bachelor’s degree from an accredited institution required.
• Experience with portfolio management and asset management.
• Prior work-related experience and knowledge of community development lending, Small Business Administration (SBA) loans, as well as traditional and alternative loan programs is beneficial.
• Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
• Hands on experience working with small business owners is a plus.
• Excellent verbal, written, and interpersonal communication skills.
• Must possess the ability to meet performance goals.
• Detail–oriented individual, and ability to work independently and with a team.
• Fluency in MS Office suite (Excel, Word, PowerPoint), and superior analytical skills are required.
• Occasional evening and weekend hours may be required.

Compensation:

Competitive salary commensurate with experience. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (some employer contribution & matching); paid vacation (increased with tenure), holiday and sick leave days.

How to Apply:

Interested candidates should email a resume/CV, thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and salary requirements to opportunity@wacif.org with “Portfolio Management Analyst” in the subject line. First application reviews will begin July 12, 2019.
Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds.
We thank all those who apply, but only shortlisted candidates will be contacted.
No calls please. Telephone inquiries will not be accepted.

Senior Director, Strategic Lending Initiatives Capital Impact Partners
Arlington, VA
Job Function: Lending/Loan Operations
Posted: June 27, 2019

Background:

Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 35 years, Capital Impact Partners has been a nonprofit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing on five key sectors - health care, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Position Summary:

Capital Impact Partners seeks a Senior Director, Strategic Lending Initiatives (DSLI) to strengthen its Lending Team. The Senior Director, Strategic Lending Initiatives is responsible for identifying, pursuing, leading and implementing strategic lending initiatives to enhance Capital Impact’s Lending Group’s work. The DSLI will strengthen Capital Impact’s leadership in the Community Development Financial Institution (CDFI) industry and impact investing fields by ensuring we proactively pursue emerging opportunities that deepen Capital Impact’s impact in uprooting social and economic barriers facing low-income populations, building partnerships, pursuing thought leadership opportunities, and staying abreast of trends. The role builds upon a solid understanding of Capital Impact’s position, internal processes, strengths and a track record of the successful implementation of new lending initiatives.

Responsibilities:

JOB RESPONSIBILITIES:

Lead the design and development of new lending initiatives and loan products
Drive opportunities for strategic lending growth while aligning resources to specific target markets and sectors through leadership of the development and implementation of strategic lending initiatives related to Capital Impact’s theory of change, including capital development program design, internal capacity building, stakeholder relationship management, etc.
Lead and facilitate the development of lending products that respond to community needs while increasing CIP’s brand presence and market for products in its defined geographies.
Incorporate sector knowledge into those products through coordination of direct staff with subject-matter responsibilities and contractors for research.
Be accountable to the Lending Initiative Steering Committee members as well as other internal staff as required.

Build and maintain a strong network of partners for strategic lending initiatives and increase CIP’s visibility
Work with key leadership staff, identify, cultivate, and maintain strong relationships with our network of partners and new partners (including state and local agencies, foundations, impact investors, banks, community organizations, thought-leaders and others).
Represent Capital Impact in public forums across markets and present a comprehensive view point of Capital Impact and what we do.
Build and maintain a network of relationships connected to public and private resources that CIP may leverage to support the development of new or revised lending products that support CIP’s mission and identify trends in the allocation of those resources, planning and managing efforts to attract funding in support of lending initiatives.

Lead lending strategy planning process
Coordinate the annual planning process, define priorities, tactical plans and deployment strategies for lending activities and all new lending initiatives.
Develop strategies in conjunction with, and lead the Lending Team’s delivery of content to the internally-designated lead project manager for written applications submitted to secure funding for new lending initiatives, including state, local grant and subsidy funding, program-related investments, grant funding from foundations and other funding/financing partners that support activities within Capital Impact’s target markets and major federal funding sources through the CDFI Fund (e.g., FA, HFFI, NMTC, Bond Guarantee Program), federal Department of Education, etc. and review final applications to ensure consistency with lending strategy.

Design innovative lending solutions
Identify opportunities to use funding solutions to market problems within and adjacent to core sectors and geographies, grounded in research on critical barriers to economic and social mobility facing low-income populations and created by changes in public policy, financial markets, demographics, or other factors.
Work closely with internal sector and market experts and external partners to identity capital gaps and opportunities for CIP to grow its lending activities.

Requirements:

JOB REQUIREMENTS:

Bachelor’s degree
12 to 15 years in lending. Strong preference for experience in the CDFI industry and/or real estate lending experience;
Knowledge of community development finance (secured real estate) as a lender; ability to identify emerging opportunities with strategic relevance to CIG lending initiatives;
Familiarity and understanding of CIP’s risk profile for lending with the ability to apply to new lending initiatives development;
Strong project management and relationship management skills; high level of competency to handle multiple projects and relationships and manage progress; very organized, detail-oriented and customer service oriented;
Documented experience writing successful capital development, business development proposals;
Excellent communication, presentation and interpersonal skills; strong written and verbal communication skills; strong negotiation and research skills;
Exemplary work ethic; experience working across different disciplines; ability to work both independently and within a team structure; problem solver; resourceful and team player;
Proven ability to work effectively across internal and external teams;
Excellent organizational skills, problem solver, able to work in a team atmosphere where his or her manager is not in the same office;
Proficiency with Social Media platforms, Microsoft Office (particularly Word, Excel and PowerPoint), Google Suite, Moody’s Lending Cloud and other related systems

Compensation:

$150,000 - $185,000

How to Apply:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....

Structured Finance Manager Capital Impact Partners
Arlington, VA
Job Function: Finance
Posted: June 27, 2019

Background:

Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Position Summary:

Capital Impact Partners seeks a Structured Finance Manager (SFM) to be responsible for managing of capital within the context of approved lending initiatives. The Lending Initiatives are driven by external capital provided to Capital Impact - grant and/or borrowed funds - in order to support a specific set of activities or focused lending and excluding the need to create separate legal entities; they do not include the sale of loan exposure to other lenders, such as participations or syndications, in the ordinary course of business. The Structured Finance Manager is the lending initiative expert, the main point of contact internally and with the external provider of funds once an initiative is operational. In addition, the SFM is responsible for managing lending initiatives that span all market sectors, multiple geographies and various loan products, providing to loan officers guidance and knowledge of funding source parameters to incorporate in lending initiative transactions, working with staff to assure accurate and timely performance reporting and compliance, and monitoring overall performance and final evaluation of lending initiatives.

Responsibilities:

Key Responsibilities:

Reporting and Compliance (Internal and External)
Establish a revised structure of compliance reporting accountability and responsibility related to funding sources used for lending initiatives.
Ensure all information required from the Lending Team for compliance reporting on active lending initiatives is procured and consolidated promptly and delivered to Compliance timely.
Be accountable for the quality and accuracy of data and its punctual delivery to the Compliance department.
Capture the roles and responsibilities for compliance reporting in writing, maintain and update regularly.

Structured Finance Management and Administration
Possess thorough knowledge of Capital Impact’s application for and legal documentation related to acceptance of funds for approved lending initiatives.
Coordinate any research needed of statues, regulations, and guidelines related to government funding source(s) and help develop Capital Impact’s approach to utilizing the funding source.
Document and maintain guides and tactical plans for the effective and efficient deployment of the funds.
Maintain a deep knowledge and understanding of federal, state, or local program or philanthropic-funded sources used in lending initiatives; serve as point person for Lending Team in working with government agency and philanthropy staffs for deploying funds effectively.
Provide structuring assistance to and confirm initiative eligibility for loan officers.

Funder Management
Primary point of coordination for the source of external capital - whether government or philanthropic funder.
Schedule any required periodic meetings between funders and appropriate internal participates.
Write project brief for each loan at closing and share with funder.
Communicate and manage portfolio non-compliance with funders through requests for waiver or approval.
Responsible for internal call for funds communication, filling out the required call for funds request forms, attaching exceptions and collecting required signatures.
Manage external call for funds communication with funders.

Market Research, Evaluation and Communication

Collaborate with internal teams to conduct market research on additional market gaps in all sectors as well as market scan and landscape mapping with partners and in specific geographies.
Responsible for ensuring the completion of and communication related to an initiation evaluation.
Coordinate with internal teams for initiatives that involve operating grants along with lending requirements

Requirements:

Key Requirements:
Bachelor’s degree
5 years in community development lending experience (for community facilities, multifamily rental housing, or small businesses)
Proven results in the area of community development finance, project and program management
Possesses a passion for work in low-income communities
Successful track record of relationship management, external reporting with government and philanthropic funders, for profit investors, community groups and borrowers
Working knowledge of New Market Tax Credits (NMTC)
Familiarity working for a Community Development Financial Institution (CDFI) environment, a plus
Documented experience with other resources and innovative programs that inject public or philanthropic dollars alongside private sector lending capital into underserved neighborhoods is helpful
Comfortability reading and interpreting requirements governing the use of funds in legal documents, statutes, regulations, etc.
Excellent organizational skills, problem solver, able to work in a team atmosphere where his or her manager is not in the same office
Proficiency with Microsoft Office (particularly Word, Excel and PowerPoint), Google Suite, Adobe Acrobat, Salesforce and knowledge of related government submission websites a plus

Compensation:

$108,000 - $130,000

How to Apply:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....

Business Development Officer, DMV & NYC Capital Impact Partners
Arlington, VA
Job Function: Business Development
Posted: June 27, 2019

Background:

Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Position Summary:

Capital Impact Partners seeks a Business Development Officer to strengthen its Business Development Group. The Business Development Officer is responsible for representing Capital Impact in its lending activities in one or more of its key geographies and leading the sourcing of new loan transactions for greater mission effectiveness through lending. The ideal candidate will have a passion for work in community development and social impact, 4-6 years of experience in lending. Knowledge of New Markets Tax Credits (NMTC) and CDFIs is required.

Responsibilities:

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

Requirements:

Key Requirements:
Bachelor’s degree
4-6 years of lending experience. Some experience in community development secured real estate lending.
Knowledge of local markets, federal, state and local community development programs, particularly programs that finance senior facilities, educational facilities, federally-qualified health centers and affordable housing ideal
Candidates should have demonstrated experience in lending and business development, strong sales and communication skills
Passion for Capital Impact’s mission driven work, multiple projects, assignments and meet tight deadlines
Excellent organizational skills, problem solver, able to work in a team atmosphere where his or her manager is not in the same office

Compensation:

$90,000 - $110,000

How to Apply:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....

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