About Y Analytics
Y Analytics’ mission is to increase the amount and effectiveness of capital allocation for the greater good, as described in the UN Sustainable Development Goals, by increasing trust in the social and environmental impact achieved by that capital. Y Analytics enables greater use of evidence in capital allocation decision making and rigorous methodologies to value impact. Y Analytics is an independent organization launched in parallel to the Rise Fund (https://therisefund.com/). The Rise Fund was founded in 2016 by TPG in partnership with Bono and Jeff Skoll, and invests in companies driving measurable social and environmental impact alongside business performance and strong returns. With $4 billion under management, The Rise Fund platform is committed to rigorous impact underwriting as well as financial performance. It bases this underwriting on evidentiary research and economic valuation. This research and methodology form the starting point for Y Analytics, which is in the process of growing the research and valuation engines, and expanding the types of investments valued and array of capital allocators served. One of the core principles of Y Analytics is that transformational change occurs by working side-by-side with people on real decisions – Y Analytics is a working organization, not a think tank.
Reports To: Senior Director of Impact Solutions
Other Key Relationships: Chief Executive Officer, Chief Economist, Managing Director of Client & Product Development, clients and other stakeholders
The Associate will be responsible for driving Y Analytics’ impact assessment with a team of peers. His or her primary responsibilities will include:
- Working with capital allocators of all types to determine the impact efficiency of their investments and developing the tools required to enable better impact decision-making on investments. This work will entail partnering with investors on impact across the entire life cycle of deals – from initial fund strategy, to exit support. For example, associates will examine questions such as “What is the value of the net impact of a company that purchases milk from smallholder farmers in ways that ensure steadier streams of income, veterinary care for cows, etc.?” or “What is the net impact of delivering cataracts treatments in a drop form that does away with the need for surgery?”
- Working with Y Analytics leadership to expand the suite of impact assessment methodologies. This is core to Y Analytics’ strategy to direct capital where the greatest impact can be achieved. Y Analytics Associates might contribute to expanding the methodology to asset classes such as public equities, public debt, venture capital and catalytic capital.
- Taking the lead on elements of other special projects and/or functional roles. The Associate will be a core member of a quickly growing team and should bring an entrepreneurial mindset to his or her work, with the goal of advancing Y Analytics’ mission. He or she will help shape the culture and operations of the organization. Example functional roles held by Associates in the past include: client/sector leadership, communications strategy & execution, and knowledge/database management.
2 or more years’ work experience, ideally in development finance, traditional finance or consulting. Must be authorized to work in the U.S.
- 2+ years of work experience, ideally in development finance, traditional finance or consulting
- Experience creating/driving complex quantitative models and performing data analytics, with an aptitude to quickly get familiar and iterate on impact valuation models and research/company data
- Demonstrated ability to quickly identify key drivers and sensitivities in quantitative analyses, synthesize findings in presentations and written documents, and communicate these to senior leadership and clients
- Experience conducting, interrogating, interpreting, or applying third-party academic research is a plus
- International experience, including exposure to developing countries, is a plus
Critical Competencies for Success
The ideal candidate:
- Is committed to Y Analytics’ mission to improve the future of humanity and our planet through effective capital allocation for the greater good.
- Has exceptional quantitative analytics capabilities.
- Is a highly creative problem solver, who enjoys structuring a problem, interrogating research, and rapidly translating learnings into meaningful outputs to inform live decisions.
- Has an entrepreneurial drive to help build new standards for an industry.
- Is fully capable of engaging with senior clients in professional settings.
- Has a strong sense of ownership for delivering high quality outputs to clients.
- Thrives in start-up/high energy team environments, where everyone can and should take initiative to build beyond what is called for in a narrow action plan.
Other Personal Characteristics
- Positive and solutions-oriented attitude, with a drive for excellence
- A strong team player who is collaborative, and who listens to and values others’ opinions Commitment to fairness and ethical behavior; values and treats others with respect
- Awareness of and sensitivity to cultural differences; values diversity and its importance to an organization’s performance
- A sense of humility and humor
- Ability to travel infrequently if needed, both domestically and internationally
How to Apply:
In lieu of a cover letter, please prepare written responses to the questions below. Please send your responses along with your resume to Jobs@YAnalytics.org. Write in the subject line: “Last Name, First Name – Associate Application (OFN)”.
Please limit responses to a single page total:
- How would you go about conducting a market scan for an industry about which you have little prior knowledge?
- What steps would you take to estimate the health benefits of drastically reducing the cost of a life-saving drug?
- Imagine you are trying to quantify the potential impact of a microcredit company in a particular country. You have found 3 sources with 3 different estimates covering the same time period. What would you do?
FINANTA is a nonprofit lending institution facilitating access to capital and consultation services for entrepreneurs, consumers and first-time homebuyers in the Philadelphia region. FINANTA aims to promote the growth and economic expansion of diverse communities and commercial corridors through the infusion of capital and the provision of business, consumer and homebuyer consultation services and technical assistance, in a manner that is uniquely conscious of the cultural, social and language barriers that growing immigrant and minority populations face. FINANTA serves: Berks, Bucks, Chester, Delaware, Lancaster, Montgomery and Philadelphia Counties in Pennsylvania; Camden County in New Jersey; and the State of Delaware.
▪ Implement and expand the residential mortgage, consumer, business and credit building technical
assistance work of FINANTA lending programs according to mission and objectives.
▪ Increase FINANTA’s capacity and efficiency in providing TA to borrowers.
▪ Provide coaching and training to customer base, individually and in group.
▪ Report on TA impact
▪ ***Must be bilingual (Spanish & English). Applicants that do not indicate they are bilingual in
Spanish & English at the time of application will not be contacted***
▪ Support the technical assistance needs of the Lending Department’s borrowers in order to ensure
successful repayment of FINANTA debt.
▪ Provide technical assistance and coaching to all Department clients, whether for homeownership,
business, or consumer credit purposes.
▪ Expand the financial capacity of each borrower to perform and expand on credit.
▪ Provide project development coaching to borrowers.
▪ Secure and manage resources/expertise to implement customer projects as needed.
▪ Pull, review, and store credit reports in each borrower’s file.
▪ Assess net monthly income to meet credit obligations.
▪ Coach clients to produce a financial action plan setting up a specific course of action and credit and
financial objectives. Follow up consistently for the term of the loan, making sure progress is made
and documenting outcomes.
▪ Coach borrowers to implement basic bookkeeping and create personal and/or business budgets.
▪ Calculate debt and cash available to anticipate debt reduction and debt management.
▪ Create client awareness on personal and family financial challenges, including excessive and
untimely spending or borrowing.
▪ Motivate borrowers while implementing financial action plans, including following up with creditors
and collectors, paying off judgments, and drafting credit dispute letters.
▪ Contact creditors to arrange client payments that are feasible and agreeable to creditors.
▪ Keeps records of each activity with borrowers, third parties, and internal decisions.
▪ Compile borrower documents and keep a running checklist of documents received and pending.
▪ Input borrower information in FINANTA’s data management System “TEA” and update as needed.
▪ Maintain archive of materials and resources shared with borrowers.
▪ Prepare and present credit and budgeting related workshops.
▪ Assist lenders in compiling information and preparing reports as needed.
▪ Conduct site visits to obtain missing information or assess delinquency.
▪ Coordinate and execute networking and educational opportunities, helping connect clients to local
▪ Report and evaluate TA implementation.
▪ Represent FINANTA at networking events whenever needed.
▪ Evening and weekend work are required.
▪ An Associate’s or Bachelor’s degree in related field
▪ At least one (1) year or more experience in providing TA for mission driven lending
▪ Standard writing and verbal communication skills
▪ High proficiency in IT software
▪ Fluent in English and Spanish
• 100% HMO Single Coverage
• 100% Short/Long Term Disability Coverage
• 401K Employee Retirement Plan Available
Salary: $35,000.00 to $50,000.00 /year
How to Apply:
Apply via Indeed: https://www.indeedjobs.com/finanta-68416fc/jobs/d253679beb89a45e20e7
Mission: “Capital and Capacity to Serve Communities”
California Capital Financial Development Corporation (California Capital) was chartered in 1982 as a
501(c)(3) non-profit corporation to administer the State of California Small Business Loan Guarantee
Program (SBLGP), providing guarantees on bank loans for new and existing small businesses that
are unable to access traditional bank financing. California Capital serves the 27 counties in Northern
California, from San Joaquin north to the Oregon border, and along the Pacific coast east to the
Since 2002, California Capital has been certified as a Community Development Financial Institution
(CDFI) and Community Development Entity (CDE) by the U.S. Department of Treasury. California
Capital is also certified as a Community Development Financial Institution by the California
Department of Insurance – California Organized Investment Network.
Currently, California Capital administers and operates 27 programs, including an SBA Women’s
Business Center, and a Defense Logistics Agency Procurement Technical Assistance Center
(PTAC). Additionally, California Capital administers various microenterprise loan programs and an
EDA Revolving Loan Fund.
For 37 years, California Capital has provided capacity building and access to capital programs
through business training, education, one-on-one counseling and access to capital for entrepreneurs.
For more information on our programs and services, visit our website at http://www.cacapital.org
California Capital seeks to fill the full-time position of Senior Loan Officer. The person who will fill
this position must have a strong background in underwriting, and will be responsible for identifying,
acquiring, and expanding lending opportunities in target markets with a focus on providing financing
and technical assistance to small businesses. California Capital’s Sr. Loan Officer will serve in a
lead capacity, providing direction and oversight for loan application processing and the preparation
of credit memorandums and presentation to the California Capital Loan Loan Committee. This position
will also be involved in all of California Capital lending programs.
Duties and Responsibilities:
• Responsible for the review of loan applications for the various loan programs, financial analysis
and processing of highly complex loan requests submitted from a variety of small businesses
and financial institutions, to determine if the applicant and project meet minimum program
• Determine the derivation and adequacy of the proposed loan repayment source, together with
the applicant’s current debt burden.
• Assess the diversity, stability and strength of the local economy as well as the administrative
and project management capabilities of the applicant.
• Administer and maintain direct loan portfolios. Conduct site visits as necessary. Prepare
detailed written reports, making recommendations to approve or deny financing requests.
• Make presentations to the Loan Committee. Participate in the preparation of the program loan
• Provide leadership to the team in cultivating new lending opportunities with targeted, proactive
outreach to under-served markets and communities.
• Ensure responses to referrals (internal and external) are made in a timely, professional manner.
• Promote California Capital loan services and products and business services resources to
prospective borrowers, community organizations, and other community partners.
• Represent California Capital in public forums, facilitate community outreach efforts, and
participate in other activities that promote lending activities.
• Respond to sensitive and complicated inquiries regarding policy and procedures of the various
• Gather data necessary about clients and businesses to ensure that informed decisions are
• Oversee and provide guidance on special projects performed by subordinate analytical staff.
• Provide guidance to prospective borrowers on loan products and specific requirements
associated with each loan programs.
• Conduct comprehensive industry, financial and risk assessment analysis for loan applications to
determine appropriate loan terms and repayment schedules.
• Ensure loan requests comply with product, program and loan underwriting policies and
• Prepare and submit credit memorandums to Chief Credit Officer and/or \Loan Committee for
review and consideration.
• Provide guidance and assist with the preparation of loan documents and loan closing functions,
consulting with appropriate staff members and legal counsel.
• Ensure accurate files are maintained on all current borrowers.
• Actively monitor borrower's financial and organizational health, recommending action and/or
loan restructuring when necessary.
• Work closely with loan collections staff to contact delinquent borrowers; provide assistance in
determining repayment solutions to avoid loan defaults.
• Assist with impact data collection and reporting on borrowers.
• Perform reviews and audits of files during closing for compliance.
• Provide business consulting services/technical assistance to improve the financial capacity of
prospective applicants and existing borrowers.
• Prepare internal and external reports as required for executive management and Board of
• Other duties/projects as assigned.
• Bachelor's degree from an accredited institution required; business, accounting, finance focus
• Minimum of 5 years of lending experience required; formal credit training is a plus.
• Small business lending experience required. Mortgage origination is not a substitute for this
• Prior work-related experience and knowledge of community development lending, Small
Business Administration (SBA) loans, and traditional and alternative loan programs is beneficial.
• Prior related work experience in the non-profit and/or public sectors is a plus.
• Strong financial skills required, including ability to develop and interpret financial statements
prepared in compliance with business accounting and finance principles.
• Hands-on experience working with small business owners is a plus.
• Excellent verbal, written, and interpersonal communication skills.
• Detail–oriented, with ability to work both independently and with a team.
• Fluency in MS Office suite (Excel, Word, PowerPoint)
• Ability to become proficient in using internal and programmatic reporting portals
• Superior analytical skills are required.
• Occasional evening and weekend hours required.
• Language ability in addition to English a plus.
Competitive nonprofit salary commensurate with experience. Excellent benefits package, including
health, dental, vision and retirement plan available. Paid vacation, holiday and sick leave.
How to Apply:
How to Apply:
Interested candidates should email resume with a cover letter to Deborah Lowe Muramoto at
firstname.lastname@example.org with "Senior Loan Officer Position " in the subject line.
California Capital is an equal opportunity employer.
For 25 years, HOPE has helped marginalized residents across the Deep South climb the economic ladder by advancing financial inclusion, building assets, and by changing systems that disenfranchise families. HOPE is a family of organizations comprised of:
• a cooperative financial institution predominantly owned by people of color and women that drives capital into banking desert by converting every $1 of equity into $8 of insured deposits for community development financing, and that brings thousands of people from the economy’s edge into the financial mainstream (Hope Credit Union),
• a nonprofit intermediary that aggregates and braids public and private resources to fuel innovative, impactful solutions that foster jobs, education, access to healthy food, healthcare and affordable housing and other mobility drivers in high poverty places (Hope Enterprise Corporation), and
• an advocacy arm that shapes policies and practices to narrow opportunity chasms forged by decades of underinvestment – using data and analysis mined from our member-owners, communities, and internal subject matter experts; and that mobilizes Deep South residents and stakeholders around shared priorities (Hope Policy Institute). Together, these entities mitigate the extent to which factors such as race, gender, ethnicity, birthplace, and wealth obstruct the trajectory of one’s life. For over a quarter century, HOPE has positively impacted the lives of more than one million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, channeling more than $2.5 billion in financing into a range of community shaping, life-changing activities.
The Chief Program Officer (CPO) will play a central role in advancing this work by guiding the direction, growth and soundness of HOPE’s Commercial Lending (CL) and Community & Economic Development (CED) activities. HOPE’s Commercial Lending team separates itself from other lenders by employing strategies that make capital affordable and accessible to underserved borrowers in a prudent and impactful manner. These include manual underwriting, flexible rates and terms, through the extensive use of credit enhancement programs, and leveraging financing from a range of bank, public and philanthropic resources. Further, HOPE often complements its financing with partnerships and strategies that provide technical assistance that strengthens the capacity of borrowers. Working in tandem with the Commercial Lending department, the Community & Economic Development team amplifies HOPE’s impact by identifying and structuring financing opportunities in key areas/sectors that bolsters economic mobility in vulnerable communities, such as affordable housing, healthcare, education, healthy food, and community facilities. The CED team manages HOPE’s New Markets Tax Credit program, Charter School Facilities Fund, Mid South Healthy Food Initiative, Low-income Housing Tax Credit program, Opportunity Zone Funds, and other high-impact activities. The CED team also leads HOPE’s Small Towns Partnership, collaborating with local leaders, residents and other key stakeholders to plan and implement strategies that increase economic mobility in economically distressed towns and neighborhoods.
Primary and Essential Functions
• Provide leadership, coaching, and management to senior leaders responsible for HOPE’s Commercial Lending and Community & Economic Development activities.
• Oversee the operational and portfolio performance of the Commercial Lending and Community & Economic Development areas, and make recommendations for overall effectiveness and continuous improvement.
• Foster collaboration with the Investor Relations team with regard to funding proposals and compliance with funder/investor requirements; with the Policy team on related advocacy; and with other areas as required.
• Reinforce an organizational culture that values open communication, innovation, employee engagement and other traits that contribute to collaboration and high performance.
• Experience in the design and management of development finance programs;
• Ability to problem solve and think critically; high level of emotional intelligence
• Demonstrated success managing projects that involve multiple parties and people with diverse backgrounds and positions
• Strong writing skills
• Skilled in Microsoft Word and Excel Desired Qualifications
• Advanced degree in related field.
• Ten years of relevant experience, with a demonstrated track record of progressive leadership.
Commensurate with experience.
How to Apply:
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.
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.
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.
• 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.
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.
Commensurate with Experience
How to Apply:
Interested in joining our team as a leader in the national supportive housing movement?
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.
CSH is proud that it has been and always will be an Equal Opportunity Employer
CDFI Friendly Bloomington (CFB), a startup 501.c.3 nonprofit, is seeking a founding Executive Director. CFB aims to:
• Create a new model for CDFI financing, by establishing local CDFI Friendly Bloomington to collaborate with regional and national CDFIs and encourage them to serve the Bloomington market;
• Market and promote Bloomington and Monroe County to CDFIs across the state, the region, and the nation;
• Match CDFIs to local demand for financing from businesses, housing developers, nonprofits, and community organizations;
• Structure and manage financial investments alongside the CDFIs in support of local borrowers.
The founding Executive Director is the primary staff person to set up the organization, with support from the founding Board of Directors, and to lead it in its work. The ideal candidate will bring credit experience at a CDFI and/or in community development, experience or capacity to manage a startup organization, strong leadership qualities, and the disposition for working closely with a nonprofit board. Familiarity with Bloomington/Monroe County is a plus.
The Executive Director will lead CDFI Friendly Bloomington through its start-up phase to full-scale operations. To that end, the Executive Director will assume responsibility in the areas of program development, management, fundraising and public relations. The Executive Director will:
• Represent CDFI Friendly Bloomington in the local community, promoting its goals and services, and with the CDFI industry locally, regionally, and nationally, advocating and advancing local financing opportunities.
• Develop outreach and marketing materials to distribute to potential partners, investors, funders, and allies.
• Coordinate CDFI Friendly Bloomington’s work with investors, funders, the City of Bloomington, and others pursuing aligned goals.
• Participate in CDFI industry activities to understand CDFI priorities, to promote Bloomington and Monroe County, and to seek financial support.
• Negotiate and structure financing using CDFI Friendly Bloomington’s defined products, present financing opportunities to CFB’s Investment Committee and Board, close transactions, and monitor investments and portfolio performance.
• Report regularly to the Board and to investors on programmatic outcomes and performance.
• Develop and propose programmatic adjustments and/or enhancements in pursuit of CDFI Friendly Bloomington’s mission and purpose.
• Provide strategic direction and leadership, including recommending to the Board of Directors possible improvements in the organization’s strategy and program.
• Set up and supervise operating systems, including financial management, operational polices, loan policies, and other core functional procedures.
• Create and implement procedures and documentation to close funding and financing as well as other contractual business relationships for CDFI Friendly Bloomington.
• Develop a fundraising strategy and raise funds, as determined with the Board of Directors, to ensure ongoing operations and organizational sustainability.
• Manage relationships with funders and investors, including seeking and cultivating relationships with new and additional funders and investors, as needed.
• Maintain and track fundraising data
• Conduct organized and effective public relations effort in local and CDFI markets through social media, earned media, and direct communications.
• Ensure clear understanding of and encourage strong support for the goals and mission of CDFI Friendly Bloomington.
This position involves an unusual blend of financial experience, credit expertise, nonprofit management history, and local market awareness. The Executive Director must have strong financial, writing, speaking, public relations, management, leadership, and planning skills. They must be able to work in both the local community with partners that bring diverse backgrounds and skills as well as in the financial marketplace of CDFIs, banks, and foundations. They should be skilled organizers able to bring together people across multiple areas of expertise and diverse cultures.
The Executive Director must have a bachelor’s degree. A master’s degree in business, management, economic or community development, banking, and/or finance is a plus. They must have at least five (5) years of work experience including management, credit, and public-facing duties such as public relations. Strong candidates will demonstrate continuous growth in responsibility in their work and regular pursuit of promising new opportunities.
Benefits package valued from $100,000–$120,000 commensurate with experience
How to Apply:
Please submit your cover letter and resume or CV to
CDFI Friendly Bloomington
c/o Community Foundation of Bloomington and Monroe County
100 S. College Avenue, Suite 240
Bloomington, IN 47401
CDFI Friendly Bloomington is an equal opportunity employer and offersemployment opportunity without regard to race, creed, color, ethnicity, national origin, sex, sexual orientation, sexual expression, age, marital status, physical ability, pregnancy, religion, veteran status or military obligations.
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families
Over the last 38 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. These investments have leveraged more than $50 billion in development activity and helped families and communities raise their standards of living. LISC investments impact the lives of nearly 7 million Americans.
A core function of LISC is its operation as a loan fund. LISC provides various loan products to a wide array of project types. All loans are subject to oversight by LISC’s Lending Department. In 2018, LISC approved more than $250 million of new loan commitments, and the outstanding loan portfolio at year-end was more than $425 million. LISC is looking to grow its lending volume in the years ahead.
Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 31 markets with offices extending from Buffalo to San Francisco. Our rural programs make an impact in 44 states and are supported by LISC’s talented and dedicated workforce. Visit us at
www.lisc.org for more information.
Local Initiatives Support Corporation (LISC) is seeking qualified candidates to fill the position of Loan Monitoring Officer. This position will be part of LISC’s Lending Department and will report to LISC’s Director of Asset Management and work in close coordination with lending staff in the field and other members of LISC’s Lending and Legal departments.
The Loan Monitoring Officer will be responsible for assisting the Director of Asset Management with monitoring, tracking and reporting on LISC’s portfolio, managing work-outs and contributing to other facets of the Lending Department’s work as needed. The primary duties of the position include:
• Manage a loan portfolio of approximately 100 loans, spanning numerous product and project types provided by LISC as part of its community development activity.
• Position requires proactive management of closed loans including the following:
o Risk Rating assets and preparing portfolio performance reports for committee review.
o Writing quarterly loan watch reports and presenting to committee for review.
o Monitoring disbursements on Lines of Credit and Pre-Development loans.
o Communicating with borrowers in regards to pending maturity dates, late payments and other loan covenant compliance.
o Analyze loan performance against underwriting projections to identify any potential loan repayment problems.
o Identify, prioritize and engage in problem solving with borrowers offer recommendations when issues arise.
o Review and track insurance certificates for active loans.
o Prepare post-closing amendments per LISC guidelines.
o Prepare write off memos for auditors
• Ensure the quality of data in LISC’s loan administration system, including development of policies and procedures for data collection and quality maintenance, inputting and maintenance of data, and oversight of the management and use of data.
• Perform additional loan monitoring on individual loans and prepare reports on as as-needed basis.
• Interact with LISC staff to provide accurate and timely information
Applicants should have the following qualifications:
• Bachelor’s degree required.
• At least three (3) years real estate experience preferably working with LIHTC and/or NMTC or comparable experience in commercial real estate, banking/finance or urban planning.
• Candidate must have working knowledge of real estate, finance and/or operations.
• Experience with asset management, acquisitions, credit, underwriting in community development is a plus.
• Strong communication, analytical, decision-making, time management, organizational, follow-up and relationship management skills.
• Self-starter ability to work independently as well as collaboratively.
• Proficiency in Microsoft Office suite, particularly Microsoft Excel.
LISC provides a competitive salary and excellent fringe benefits for this position. The position will be based in LISC’s New York City headquarters and is available immediately.
How to Apply:
To apply, please email a detailed cover letter and resume to:
Director of Asset Management
Local Initiatives Support Corporation
501 Seventh Avenue-7th Floor, New York, NY 10018
LISC IS AN EQUAL OPPORTUNITY EMPLOYER
Situated in the heart of the scenic Rogue Valley, Medford, population 81,000, is the hub of Oregon's fourth-largest metropolitan area. Located along I-5 in southern Oregon, just 20 miles from the California border, Medford is surrounded by breathtaking mountains in a region featuring world-class outdoor recreation opportunities, including Crater Lake National Park and the Oregon Coast. As the largest city between Eugene and Sacramento, Medford is a growing city with a high quality of life, a growing economy and a moderate climate.
The City of Medford seeks a Grant Support Technician who performs a wide variety of professional and administrative services related to grant administration and departmental programs and activities. This position reports to the Housing and Community Development Principal Planner and will be working in the Planning Department.
These duties are a representative example; position assignments may vary depending on the business
needs of the department and organization. This position:
- Participates and/or assists in special projects relating to housing and community development and perform associated research and reporting requirements as assigned.
- Assists with the administration, compliance and reporting of existing grant programs, such as
- Community Development Block Grant, Neighborhood Stabilization, and General Fund Grant programs as well as the Construction Excise Tax program.
- Researches and interprets federal regulations for HUD's block grant programs (CDBG); coordinates preparation and submission of the CDBG Annual Action Plan, CAPER and 5-Year
- Consolidated Plan; assists Finance Department with reconciliation of all CDBG funds.
- Ensures activities comply with program regulations, monitors sub-recipients and vendors to ensure compliance with federal regulations.
- Updates the City's Housing and Community Development web page.
- Submits relevant reports as required by HUD; works with HUD auditors; prepares and coordinates execution of contracts and grant agreements; coordinates environmental review compliance of HUD-funded activities.
- Develops and implements the Citizen Participation Plan including coordination with citizens, non-profits, and elected officials; organizes community meetings.Provides backup assistance to interdepartmental staff as needed.
- Works independently and with teams to research and solicit new grant opportunities.
- Gives presentations to Commissions, City Council and other groups as necessary.
- Responds to inquiries from external organizations, agencies and citizens; determines and addresses issues; tracks outcomes to ensure customer service levels are met.
- Serves as a liaison to various boards and commissions; schedules meetings, prepares agenda packets, attends meetings, records minutes, and provides information to members as necessary; assists with new member recruitment activities as requested.
- Performs various clerical and administrative tasks and duties: performs routine data entry functions, processes correspondence, and prepares reports.
- Processes various requisitions, invoices, and purchase orders using City software programs to support and maintain timely and efficient processing.
- Scope of assigned area will depend on departmental and/or citywide operational structure and is at the discretion of the Principal Planner.
- Upholds the values of the organization and has strong customer service orientation.
- Must have the ability to handle job stress and interact effectively with others in the workplace.
- Must be honest and truthful in all tasks and responsibilities.
- Performs other related projects and duties as assigned.
- Demonstrates regular, reliable and punctual attendance.
- Three years of increasingly responsible administrative experience to perform the job effectively; experience working with Community Development Block Grants, federal and state grants, or other similar types of grant programs preferred; and
- Bachelor's degree in public administration, business administration, planning, or a related field and/or equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above.
- Current technical/professional knowledge of complex principles, methods, standards and techniques associated with the scope of work of a recognized profession, such as:
- Solid knowledge of Microsoft Office Suite.
- Public sector work experience desirable.
- Excellent verbal, written and interpersonal communication skills.
- Use computer and other office equipment effectively and efficiently.
- Presentation skills, written communication, and industry knowledge (governmental regulations).
- May require possession of a valid driver's license by date of hire. New employees establishing resident status in the State of Oregon must obtain an Oregon driver's license within 30 days (ORS 807.020 (1)).
- Requires completion of a background investigation to the satisfaction of the City.
$21.83 - $27.86 Hourly
$3,783.34 - $4,828.64 Monthly
$45,400.12 - $57,943.65 Annually
- Medical, vision, dental with minimal or no monthly premium cost for family coverage
- Life and long-term disability insurance
- Paid vacation, sick leave, and holidays
- HRA-VEBA medical savings account contributions
- Oregon PERS retirement contributions
- 457 Deferred compensation for retirement planning
- Medical and dependent care flexible spending (FSA)
- Aflac and LegalShield voluntary products
- On-site fitness center and wellness program
How to Apply:
City of Medford employment application must be completed online via the City's website www.cityofmedford.org by 4:00 p.m. deadline on Thursday, February 7, 2019. In order to be considered, please attach a resume and cover letter at the time you submit your application. The City of Medford complies with the Americans with Disabilities Act. If you consider yourself disabled and desire assistance in the application process, please contact the Human Resources Department by telephone: (541) 774-2010 or email: email@example.com.
ABOUT COOPERATIVE FUND OF NEW ENGLAND
The Cooperative Fund of New England (CFNE) is a community development financial institution (CDFI) founded in 1975 to provide financing and technical assistance to co-ops and community based nonprofits in New England and parts of New York. Since our inception, CFNE has loaned over $50 million from social investors in over 900 loans to new or expanding co-ops and nonprofit organizations. This financing has created or retained scores of jobs, thousands of units of affordable housing, and thousands of business ownership opportunities. Borrowers have brought necessities like food and education into underserved rural and urban communities. CFNE has experienced a remarkably high borrower repayment rate of over 99%, due in part to the broad community involvement required to successfully launch a cooperative. As a U.S. Treasury certified CDFI, CFNE predominantly serves households and businesses in low-income communities and is committed to working for economic, social and racial justice.
With an active and engaged Board of Trustees and a committed and experienced staff of seven spread across the region, CFNE is committed to:
• Providing financial products at reasonable rates
• Developing business skills within our borrowers
• Offering an investment opportunity that promotes socially conscious enterprise
For more information on CFNE, please visit www.cooperativefund.org.
CFNE seeks a highly skilled and collaborative leader to replace the organization’s long-time Executive Director upon her retirement and build upon its 44 years of growth and impact. Reporting to the Board of Trustees, the next Executive Director will oversee all management activities for the organization including, but not limited to, working with the Board of Trustees, leading strategic planning, preparing annual goals and actions for the organization, and monitoring the budget and performance of the organization. The Executive Director will lead a highly skilled and committed team of 7 staff who work from home offices throughout New England. The ideal candidate will be a proven and respected leader with a demonstrated commitment to economic, social and racial justice and will possess the skills to maintain excellence in the execution of a growing loan fund. The Executive Director will be excited by the opportunity to grow the organization’s impact on its target markets in the coming years.
Reporting to the Board of Trustees, this position is full-time, will be based remotely in New England, and requires travel throughout the region.
Key responsibilities of the Executive Director include:
Vision and Executive Leadership
• Represent and execute CFNE’s vision and mission; seek to update and strengthen a vision that is inclusive and able to bring CFNE into new markets and take on strategies required in the future
• Maintain a positive, supportive and collaborative culture within an organization that is virtual
• Partner with the Board on strategic organizational planning
• Plan and attend regular staff, Board and committee meetings (both virtual and in person) and assist with Board recruitment
• Ensure that CFNE is managed in a fiscally and socially responsible fashion, manage to the annual and long term budgets and ensure that financial statements, budgets and loan documentation are properly prepared
• Ensure compliance with all city, state and federal laws, regulations and funding requirements along with other grant or foundation funding reguirements
• Recruit, develop and maintain a strong remote team to ensure a high-performance culture and continued empowerment of the staff through education and mentoring
Program and Product Development
• Oversee loan portfolio and ensure that all lending programs are executed with financial performance in mind and are aligned to CFNE’s mission, vision and community priorities
• Maintain and develop relationships with financial partners, banks and loan funds and identify opportunities for loan participations
• Identify the need for, and provide access to, technical assistance for borrowers and prospective borrowers
• Ensure that CFNE’s products and activities evolve continuously to meet the needs of the communities it serves and proactively seek to ask and reach into new communities in an equitable manner
• Lead staff in consistent and meaningful product innovation
• Oversee the business development process with prospective borrowers and ensure that communications and interactions with all borrowers reflect the mission and principles of the organization
Resource Development/External Relations
• Serve as a positive and visible representative of CFNE with audiences and partners throughout the region and nationally
• Ensure that CFNE is able to identify the resources necessary for the financial sustainability of the organization and achievement of its mission
• Represent CFNE at conferences and with CDFI industry organizations, cooperative movement organizations, investors, borrowers, community advocates and other partners and stakeholders.
• Maintain and grow relationships with both public and private investors across the region and nationally and oversee the organization’s fundraising
• Advocate for policies and programs that support the mission of CFNE
• Form partnerships and work collaboratively with other organizations and stakeholders to accomplish goals
• Assure the integrity and growth of the CFNE brand, including effective marketing, outreach and promotion to investors, potential borrowers and partners alike
The ideal candidate will have the following professional and personal skills, competencies and characteristics:
• Deep commitment to the mission and values of CFNE
• 5+ years of senior leadership experience in the community development, lending or cooperative space
• Demonstrated success in team leadership, with a successful track record of inspiring a mission-driven team to achieve results
• Demonstrated success in identifying and securing resources to support an organization
• Strong financial management skills and experience with budgeting and forecasting
• Demonstrated commitment to diversity, equity and inclusion and an excitement about reaching into communities that CFNE has not yet fully accessed
• Exceptional presentation and communication skills, and the ability to serve as a compelling ambassador for CFNE with a variety of stakeholders
• High level quantitative and analytical aptitude along with strong problem-solving skills, in support of sound decision making
• Knowledge of branding and marketing techniques and a willingness to serve as a positive ambassador for the organization
• Strong interpersonal skills and a collaborative, energetic approach; eager to develop productive relationships with a diverse group of colleagues, the Board of Trustees, borrowers, investors, financial partners, and others who contribute to CFNE’s mission
• Willingness to travel within the community and nationally as needed to meet the organization’s goals
• Advanced degree in finance or related field preferred
How to Apply:
Erin Reedy and Shelby Woods of Koya Leadership Partners have been engaged by CFNE to help in this hire. Please submit a compelling cover letter and resume here.
Cooperative Fund of New England is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
ABOUT KOYA LEADERSHIP PARTNERS
Koya Leadership Partners is a national retained executive search and human capital consulting firm that works exclusively with mission-driven organizations, institutions of higher education and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information, visit www.koyapartners.com.
The Low Income Investment Fund is a national non-profit community development financial institution, with headquarters in San Francisco and offices in Los Angeles, New York and Washington D.C. LIIF builds healthy communities by bridging the gap between private capital markets and low-income neighborhoods. LIIF is a steward for capital invested in affordable housing, childcare, education and other community initiatives.
The Asset Manager, New Markets Tax Credits (NMTC), is responsible for the overall asset management of a portfolio of transactions which use NMTCs with or without loans to support the development of charter school, community health care, child care, mixed-use and other community facilities. In this function, the Asset Manager with work closely with the Deputy Director of New Markets Tax Credits, the Manager of Asset Management & Underwriting and Chief Credit Officer.
This role will also support LIIF’s organizational-level program and compliance activities for NMTCs, which will require collaboration with various departments within LIIF, including Lending, Finance and the General Counsel as well as external parties outside of LIIF such as NMTC Investors, Borrowers and other Allocatees.
As part of the Lending team, the Asset Manager ultimately works to support the achievement of regional and overall Lending work plan goals and supports the operational effectiveness of LIIF’s NMTC activities.
The Asset Manager, NMTC reports to the Manager, NMTCs, with a “dotted line” reporting relationship to the Manager of Asset Management & Underwriting
NMTC Portfolio Management:
•Loan Monitoring – The Asset Manager is responsible for the ongoing asset management of a portfolio of transactions that utilize LIIF’s NMTC product, including developing a relationship with each borrower and conducting regular loan monitoring reviews. S/he prepares Loan Monitoring Reports for each loan on a regular schedule to review overall asset and credit quality, including performance against original underwriting expectations and ongoing compliance with NMTC program requirements. The Asset Manager is responsible for making recommendations to senior management by integrating and analyzing these data and making judgments on their significance and quality.
•Site Visits – The Asset Manager conducts regular site visits and prepares site visit reports for loans in his/her portfolio in accordance with LIIF’s lending procedures.
•Loan Extensions and Modifications – The Asset Manager will be responsible for any required loan extensions and modifications in his/her portfolio. For loans where the borrower is seeking an extension or modification, the Asset Manager will work closely with the borrower to provide an assessment of the necessity, feasibility and credit-worthiness of such extension or modification, and communicate same with the Manager of NMTCs, Manager of Asset Management & Underwriting and the Chief Credit Officer. The Asset Manager will conduct an analysis of the credit and then make and support a recommendation as to the extension or modification terms and conditions, if an extension or modification is deemed appropriate.
•Non-performing Loans – The Asset Manager will assume responsibility in managing non-performing loans, including but not limited to: conducting site inspections, appraisal reviews, borrower and project financial analyses; participating with the Deputy Director and, in the case of NMTC transactions that include LIIF debt, with the Chief Credit Officer in developing loan restructuring strategies and alternatives; monitoring compliance with loan restructure agreements, and preparing monitoring reports and action plans.
•NMTC Unwinds – The Asset Manager will lead the formal unwind process for his/her NMTC transactions, which occur at the end of the NMTC compliance period. This involves working closely with legal counsel to structure the Unwind, secure internal credit and business approvals, and negotiate the necessary legal documents.
NMTC Program Management
•NMTC Transaction-level Activities: The Asset Manager, NMTC, working closely with the other members of the NMTC team, leads LIIF’s reporting efforts to the CDFI Fund. This includes management of LIIF’s NMTC-related IT system, engaging with CDFI Fund compliance staff, and leading the completion of LIIF’s annual transaction-level reporting to the CDFI Fund. This will involve collaboration with other NMTC Allocatees on impact data. Additionally, s/he may be asked to assist with closing documentation including: Community Benefits Agreements and Multi-CDE Agreements.
Customer Service: The Asset Manager will maintain a positive and professional relationship with LIIF’s internal associates as well as external customers and business partners (which include third party lenders, attorneys, NMTC Investors or other Allocatees) by both initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner.
Additional job duties as assigned.
The ideal candidate for this position will have these key qualifications:
•Two or more years of experience in real estate-based lending and/or business lending, including borrower contact, credit analysis, due diligence and loan documentation;
•Proficiency in analyzing financial statements of for-profit and nonprofit organizations and their real estate operations (in particular, rental housing and community facilities occupied by a single tenant). Familiarity with basic accounting principles including the ability to translate cash to accrual accounting and vice versa.
•Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g., child care centers, educational programs, health clinics, etc.)
•Working experience with both private sector financial institutions and public agencies
•Basic familiarity with business law concepts including contracts, loan collateral, uniform commercial code, creditors' rights and forms of business organization and sufficient knowledge to review and negotiate loan documents.
•Proficiency with Microsoft Office Suite Programs, and other database software
•Excellent skills in managing multiple tasks requiring strong attention to detail
•Experience with New Markets Tax Credits a plus
EDUCATIONAL AND OTHER REQUIREMENTS:
Educational background should include a bachelor’s degree; an advanced degree is a plus. In addition, the position requires a high degree of self-motivation, dedication, creativity, and perseverance; flexibility with time and willingness to accept a demanding (and personally satisfying) position. Excellent teamwork and strong time management skills are essential. Travel is required, and candidates must have a valid driver’s license.
Location: San Francisco, CA; Los Angeles, CA; New York, NY; or Washington D.C.
$70,000 to $ 90,000
How to Apply:
If you are interested in applying to the Low Income Investment Fund, please mail or e-mail cover letter and resume to:
Low Income Investment Fund
Attn. Human Resources
50 California St., Suite 2900
San Francisco, CA 94111