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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.

Loan Administrator/Servicer Nonprofit Finance Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: January 3, 2020

Background:

What We Do:

NFF works toward a more just and vibrant society through:

Financing that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.

Consulting that helps nonprofits and funders connect money to mission and community impact.

Partnering with service providers, funders, and investors to turn money and goodwill into positive outcomes.

Learning that shares experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis.

Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $329 million. Since 1980, we have provided $871 million in financing and access to additional capital in support of over $2.9 billion in projects for thousands of organizations nationwide.

Position Summary:

The Loan Administrator/Servicer, Senior Associate coordinates and oversees all loan administration and servicing aspects of NFF’s diverse loan portfolio and assists in the servicing of NFF’s New Market Tax Credits portfolio. As an important member of a close-working team of local and national professionals, the Loan Servicer provides critical support to the Financial Services team in ongoing relationship and risk management of a portfolio of loans, New Market Tax Credits investments and other financial products. This role requires an ability to balance multiple priorities and a detail-oriented approach to meeting time sensitive deadlines.

This position will be based in NFF’s New York, NY office. This position will report to the Director of Portfolio Management, Financial Services.

Responsibilities:

Loan Servicing and Administration:
Responsible for the set-up and maintenance of systems and databases for the administration, reporting and servicing of Financial Services products and clients, including loan onboarding, billing, draws and payments, delinquency management, and other portfolio activity for Financial Services products and clients.
Reviews loan documentation, including loan, security and participation agreements, promissory notes, and closing memos, to ensure a correct understanding of the loan terms or resolve any issues or inconsistencies.
Completes the onboarding of new loans, loan modifications and renewals by accurately summarizing the loan terms and entering such information into the loan management system in a timely manner, per NFF’s internal procedures and policies; updates loan terms on existing loans to reflect loan conversion dates, changes in interest rates payment terms, and maturity dates.
Serves as the primary contact for clients and participant lenders on all loan servicing-related matters.
Coordinates with underwriters, in-house counsel and portfolio managers on the collection of post-closing items.
Reviews wire transfers for accuracy and compliance with loan disbursement conditions and ensures that all required approvals have been obtained and back-up documentation is attached.
Establishes ACH processing set-up on new loans.
Calculates non-use fees on lines of credit.
Prepares and sends loan invoices and prepares ACH batches.
Generates lock box and ACH reports on loan payments.
Reviews participant remittances from lead lenders and NFF remittance reports for accuracy.
Enters data into, and ensures and validates data integrity of, the loan management system (CommonGoals TEA10) and CRM system (Salesforce), including loan disbursements, interest capitalizations, and payments; compares self-calculated capitalizations with loan management system records.
Responsible for expertise in utilization of TEA10 for loan servicing and supporting training of colleagues on use of TEA 10.
Works collaboratively with the Finance team to reconcile internal records with bank account statements.
Confirms collection of all payments, including late fees and default interest.
Monitors late and delinquent payment status and upcoming and past maturities.
Leads early collection efforts with clients, reaching out to clients that are between 10-30 days late, and alerting Portfolio Managers of any borrowers that are late in payment.
Monitors borrower compliance with insurance requirements in a spreadsheet to ensure that coverage does not lapse, and obtains all required insurance certificates, endorsements and policies from clients in a timely manner; notifies the Director of Portfolio Management of any borrower noncompliance with insurance requirements and ensures that no disbursements are made on loans with lapsed insurance coverage or incomplete documentation.
Provides assistance to the Director of Portfolio Management and recommends solutions to resolve operational and servicing issues.
Creates and maintains spreadsheets as needed.
Maintains loan and portfolio files for collateral and financial documents.
Completes close-out of repaid loans in TEA 10 and returns original promissory note and collateral release documentation to borrowers.
Supports the Loan Receivable Associate in servicing and overseeing the New Market Tax Credit portfolio.
Supports and contributes to a diverse range of Financial Services projects and initiatives.

Communication and Reporting:
Communicates and coordinates with Financial Services and Finance & Accounting management and staff on loan administration and servicing issues.
Responds to loan servicing inquiries from clients, partner lenders, and NFF staff.
Prepares client correspondence, including payoff letters.
Supports other Financial Services staff through the collection of financial statements, impact reports, and other documents, as requested.
Generates, reviews, approves and saves monthly loan portfolio reports and prepares the quarterly portfolio report for Financial Services staff, investors, loan committees and board.
Assembles data, conducts analysis and prepares reports and presentations for Financial Services staff, investors, loan committees and board.

Risk Management:
Contributes to the refinement of NFF’s procedures and policies to enhance efficiency and minimize credit and operational risk.

Internal and External Relations:
Maintains a culture of quality customer service at all points of contact with NFF clients, investors, board and committee members, Financial Services team, regional and site management and other staff and professionals.

Requirements:

Essential Requirements for Education and/or Experience:

Bachelor’s degree or equivalent experience
At least three years of loan servicing and administration experience, ideally in commercial banking or with another CDFI
Knowledge of loan documentation, lending, and portfolio management concepts and terminology
Proficiency in Microsoft Office applications including Excel, Word, PowerPoint, and Outlook
Experience with loan management system data entry, invoicing, payment processing, monitoring, report generation, payoff and client service aspects of loan servicing and administration
Demonstrated written and oral communication and interpersonal skills
Detail oriented with strong time-management, multi-tasking, and organizational abilities
Demonstrated analytical skills
Self-starter with the ability to work independently as well as collaborate with a team across geographies
Ability to take initiative and focus on results

Specialized Knowledge/Beneficial Skills and Experience:
Experience with CommonGoals TEA10
Experience with Salesforce
Understanding of the New Markets Tax Credit program
An openness to learning new skills and systems, with an entrepreneurial work ethic
Demonstrated commitment to the nonprofit community
Flexibility, creativity, and patience, with imagination, enthusiasm and a sense of humor

Compensation:

All salaries are commensurate with experience and include an attractive benefits package.

How to Apply:

Please submit your resume with a thoughtful cover letter stating how your background and qualifications meet the requirements of this position to: https://nonprofitfinancefund.applytojob.com/apply/cVHhJuPjds/Loan-Admini...

Underwriting Analyst NeighborWorks Capital
Silver Spring, MD
Job Function: Lending/Loan Operations
Posted: January 2, 2020

Background:

NeighborWorks Capital (NC) is a national community development financial institution (CDFI) that serves the real estate financing needs of the 250 members of the NeighborWorks America network located in all 50 states and the District of Columbia. NC is certified by the U.S. Department of the Treasury as a CDFI and is governed by an nine member Board of Directors, a majority of whom are Executive Directors of NWOs and industry leaders with expertise in community development, lending and nonprofit operations. NC is rated AA- by Aeris Insight.

NC’s current capitalization is $145 million with more than 85 loans ($97 million) outstanding nationwide. Through increased marking and strong customer relationships our loan originations have doubled since 2016 and are projected to double again over the next five years. As out loans increase in number, size, and complexity we need to increase the capacity of our staff.

NC is headquartered in Silver Spring, Maryland and provides loans to members of the NeighborWorks network for development projects beneficial to their communities, including affordable rental, for-sale housing, and commercial development, and for business expansion NC’s loans are used for predevelopment costs, acquisition of sites and properties, construction or rehabilitation costs, permanent financing for operating properties, and enterprise-level financing. In addition, NC provides development services to assist customers structure viable loan appli-cations and projects.

Position Summary:

The Underwriting Analyst is responsible for supporting NeighborWorks Capital’s loan officers in evaluating, underwriting, and presenting new loan opportunities by obtaining loan application materials from potential borrowers; reviewing and analyzing financing statements, property operations, and development plans; updating internal information systems; and drafting sections of credit memoranda for approval authorities. The Underwriting Analyst reports to the Chief Lending Officer and provides information to the CLO, CEO and senior management team, Loan Committee, and Board of Directors.

Responsibilities:

Loan Underwriting and Analysis

• Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
• Assist Chief Lending Officer and other members of the Lending Team in assembling materials for the NC Loan Committee including loan requests, pipeline and other information in a well-organized, accurate and timely fashion.
• Maintain thorough and organized underwriting files for loans in process.
• Assist in drafting loan narratives for submission by Loan Officers to the Chief Lending Officer, CEO, and Loan Committee.
• Prepare spreadsheets, cash flow analyses, and collateral assessments with commentary in evaluation of loan requests.

Customer Relationship Management

• Attend appropriate network and industry conferences and represent NeighborWorks Capital in business development and customer relationship-enhancing activities.
• Maintain communications with customers and NeighborWorks America relationship managers.

General

• Work collaboratively in a team environment with shared goals and participate in joint problem solving; willingly cooperate with co-workers
• Proactively induce borrowers to deliver timely information when needed
• Meet many deadlines while managing multiple customers’ needs
• Maintain flexibility and adaptability to change
• Come to meetings prepared, honor work commitments, meet deadlines
• Communicate and listen courteously and effectively with others – deal with issues directly, in a respectful and timely manner, focus on resolving the issue while not criticizing the person
• Other projects as assigned

Requirements:

• Undergraduate degree required and at least 1 year of experience with financial analysis, commercial real estate lending or financial institution preferred; an advanced degree in relevant field (finance, planning, etc.) is a plus
• Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular rental housing and community facilities).
• Knowledge and experience with affordable housing/community development finance and nonprofit development organizations preferred
• Commitment to community development, low income communities and strong work ethic
• Demonstrated ability to prepare clear, accurate, well-organized written and financial reports and to communicate verbally in an effective manner
• Proficient in Microsoft Office software programs, with strong and thorough Excel skills, and willingness to expand skill base, especially with customer relationship management applications
• Self-starter, ability to work independently and as well as collaboratively in small teams in a mission-focused organization
• Capacity to prioritize multiple tasks to meet customer deadlines while ensuring credit integrity
• Occasional travel within U.S. required (10%)
• Fluent in English
• Possess valid U.S. driver’s license.

Compensation:

Competitive salary and benefits package.

How to Apply:

Please email Stephen Peelor, Chief Lending Officer, with your cover letter and resume to apply.

Operations Coordinator Equitable Facilities Fund
New York, NY
Job Function: Administrative/Operations/IT
Posted: January 1, 2020

Background:

Equitable Facilities Fund (EFF) is a nonprofit social impact fund that’s on a nationwide mission to help high-performing charter schools spend more money on students and less on the costs of borrowing for their facilities. We offer school leaders simple and much-needed access to low-cost, long-term loans combined with support from an expert team that has walked in their shoes.

To date, EFF has committed over $175 million to schools that are making a big difference for over 20,000 students, providing them with funding and support to amplify their impact. Recently, EFF recapitalized on the bond market, allowing us to scale our fund significantly over the coming months and years.

If you’re seeking to have community-level impact on a national scale, apply to join our team!

Position Summary:

The Opportunity

The Operations Coordinator will play a critical role in facilitating seamless, productive day-to-day operations in EFF’s New York office. The Operations Coordinator will also serve as an Executive Assistant to EFF’s CEO. This person should be highly organized, adept at anticipating the needs of the team, and committed to delivering outstanding customer service. The ideal candidate will be deeply invested in EFF’s mission and possess exceptional communication skills.

Responsibilities:

Office & Operations Support (50%):

Maintain professional office functionality and appearance, recommending and implementing systems to improve overall efficiency of the office.
Liaise with building management and all external vendors to support operations with a willingness to troubleshoot any challenges that arise.
Coordinate office technology support with external IT vendor.
Procure and organize inventory of office supplies.
Manage team calendars and provide regular updates to the Chief of Staff on team travel and workflows.
Support operational onboarding of all new hires, including technology, building access, HR form collection and new hire workstation setup.
Assist in the development of marketing and communications materials to be utilized with EFF external stakeholders.
Regularly update EFF’s website and social media channels.
Maintain organization-wide contact database.
Coordinate and support special projects that will contribute to EFF’s future success.

Executive Assistant (40%):

Provide day-to-day administrative support to the CEO and Senior Leadership Team both in professional and select personal matters.
Manage the CEO’s calendar of activities.
Respond promptly to CEO-directed inquiries and assist the CEO and Chief of Staff with schedule prioritization.
Research, book, and coordinate travel for the CEO and other team executives.
Manage expense filing and processing for the CEO and other team executives.

Team Culture (10%):

Organize team events, holiday celebrations, social events, and staff-wide retreats.
Collaborate with EFF teammates to develop and implement initiatives that promote a positive working atmosphere and EFF’s mission and values.

Requirements:

3+ years of overall professional experience. Experience in education, finance, and/or philanthropy settings preferred.
Outstanding organizational and time management skills.
Self-starter with experience working in an evolving, fast-paced environment.
Excellent communication skills: must be able to interact effectively with all levels of organization and with org partners and funders.
Proficient with the Google suite of applications (Mail, Calendar, Docs, Sheets, etc.) and Microsoft Office (Word, PowerPoint, Excel).
Ability to produce high-quality work products under tight deadlines.
Strong customer service orientation and ability to collaborate across functional areas.
Highly detail- and team-oriented.
“Must Love Schools” -- the ideal candidate will be passionate about the education sector.
Unyielding commitment to EFF’s mission, team, and school partners.
High degree of integrity and authenticity and a good sense of humor.

Compensation:

Compensation is competitive and commensurate with experience. We are proud to offer excellent benefits.

How to Apply:

https://boards.greenhouse.io/eqfund/jobs/4579087002

Small Business Loan Officer SBAC
Savannah, GA
Job Function: Finance
Posted: December 27, 2019

Background:

Located in Savannah , GA, SBAC is a Certified Development Company (CDC), and CDFI certified to do lending with SBA through the 504 Loan program, Microloan Program, and the Community Advantage (CA) Program. SBAC is also a USDA Intermediary Lender and contracted as a HUD Community Development Block Grant (CDBG) sub-recipient to manage four loan programs for the City of Savannah, one including the EDA RLF. SBAC is also the organizer of a bank-owned loan pool, Savannah Regional Small Business Capital Fund (CAP Fund), in which SBAC services every loan from application to pay in full.

Position Summary:

Small Business Loan officer
Position Summary:
Responsible for generating a loan portfolio sourced by a variety of available loan products with loans ranging from $2,500 to $250,000 through direct sales, referrals, and marketing.
Network with bankers, government and community, and business representatives to generate loans, promote SBAC, and increase client contact in and around Savannah and Rural Georgia.
Find, evaluate, and underwrite commercial loan applications.
Prepare qualified loan applications for presentation to Loan Committee.

Responsibilities:

Find, evaluate, underwrite and present business loan applications for approval.

Requirements:

Minimum Qualifications:
Bachelor’s Degree or equivalent experience in lending or sales.
Excellent verbal and written skills.
Preferences:
1-2 years of commercial lending or direct sales experience
1-2 years of credit analysis for commercial loan underwriting.

Compensation:

Salary: $45,000 -$65,000 per year plus incentive bonus, benefits include: health insurance, life insurance, etc.

How to Apply:

Send resume to sbac@sbacsav.com

Rural Development Specialist - Environmental (AZ) Rural Community Assistance Corporation
Pheonix, AZ
Job Function: Other
Posted: December 27, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. For more than 40 years, our dedicated staff and active board, motivated by our core values: leadership, collaboration, commitment, quality and integrity, have helped effect positive change in rural communities across the West.

Community and Environment Department
RCAC’s comprehensive community and environmental services support rural communities to create a vision, set goals and implement an action plan for community development projects. We work with rural water, wastewater and solid waste systems to make them sustainable. We work with the volunteer boards of directors and staff of the small systems to make sure they comply with state and federal regulations and understand the finances and operations of the systems. Outcomes of RCAC’s work include: system regulatory compliance; access of resources for capital improvement projects; and capacity building of boards and staff on technical, financial and managerial best practices.

Position Summary:

Position Description
The Rural Development Specialist (RDS) provides technical, managerial, and financial (TMF) assistance to small disadvantaged community water and wastewater systems so that they can operate sustainably and deliver quality services to the communities served. The RDS works closely with rural residents and local leaders to assist them in the development and management of water, wastewater, or solid waste systems. The RDS also prepares and delivers classroom and individual trainings as needed to build the capacity of local partners.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation process. Duties and responsibilities include but are not limited to:
• Assess the needs of our local partners and recommend solutions to the needs identified
• Build technical, managerial, and/or financial capacity
• Access financial resources to address local needs
• Implement solutions
• Promote and facilitate partnerships to maximize limited resources
• Develop, prepare, and deliver group and one-on-one trainings
• Provide excellent customer service
• Prepare activity and outcome reports as required
• Perform other duties as assigned

Requirements:

Physical Job Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable persons with disabilities to perform the essential functions.

Work performed in an office requires ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)

While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.

The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.

Preferred Education and Experience:
A combination of experience and education is required to qualify for the position. A typical qualifying combination would be:

Experience:
Three years of applicable experience in water, wastewater, environmental project management, or other closely related field (if a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year). Experience in training, facilitating and mediating community programs/projects is highly desirable.

Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).

Special Requirements:
Possession of a valid driver's license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy may be required when traveling for business purposes.

Compensation:

$55,536 to $64,572 annually.

How to Apply:

Please visit www.rcac.org/careers to view the full job description and apply online.

Rural Development Specialist - Environmental (NM) Rural Community Assistance Corporation
Albuquerque, NM
Job Function: Other
Posted: December 27, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. For more than 40 years, our dedicated staff and active board, motivated by our core values: leadership, collaboration, commitment, quality and integrity, have helped effect positive change in rural communities across the West.

Community and Environment Department
RCAC’s comprehensive community and environmental services support rural communities to create a vision, set goals and implement an action plan for community development projects. We work with rural water, wastewater and solid waste systems to make them sustainable. We work with the volunteer boards of directors and staff of the small systems to make sure they comply with state and federal regulations and understand the finances and operations of the systems. Outcomes of RCAC’s work include: system regulatory compliance; access of resources for capital improvement projects; and capacity building of boards and staff on technical, financial and managerial best practices.

Position Summary:

Position Description
The Rural Development Specialist (RDS) provides technical, managerial, and financial (TMF) assistance to small disadvantaged community water and wastewater systems so that they can operate sustainably and deliver quality services to the communities served. The RDS works closely with rural residents and local leaders to assist them in the development and management of water, wastewater, or solid waste systems. The RDS also prepares and delivers classroom and individual trainings as needed to build the capacity of local partners.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation process. Duties and responsibilities include but are not limited to:
• Assess the needs of our local partners and recommend solutions to the needs identified
• Build technical, managerial, and/or financial capacity
• Access financial resources to address local needs
• Implement solutions
• Promote and facilitate partnerships to maximize limited resources
• Develop, prepare, and deliver group and one-on-one trainings
• Provide excellent customer service
• Prepare activity and outcome reports as required
• Perform other duties as assigned

Requirements:

Physical Job Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable persons with disabilities to perform the essential functions.

Work performed in an office requires ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)

While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.

The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.

Preferred Education and Experience:
A combination of experience and education is required to qualify for the position. A typical qualifying combination would be:

Experience:
Three years of applicable experience in water, wastewater, environmental project management, or other closely related field (if a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year). Experience in training, facilitating and mediating community programs/projects is highly desirable.

Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).

Special Requirements:
Possession of a valid driver's license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy may be required when traveling for business purposes.

Compensation:

$55,536 to $64,572 annually

How to Apply:

Please visit www.rcac.org/careers to view the full job description and apply online.

Executive Assistant Rural Community Assistance Corporation
West Sacramento, CA
Job Function: Administrative/Operations/IT
Posted: December 27, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. For more than 40 years, our dedicated staff and active board, motivated by our core values: leadership, collaboration, commitment, quality and integrity, have helped effect positive change in rural communities across the West.

Executive Services
Executive Services supports the CEO in all areas related to achieving RCAC’s major goals and objectives serving rural communities and organizations across its region. The CEO reports to the Board of Directors and Executive Services provides support and coordination to board members. Executive Services also works closely with the Senior Leadership Team, coordinating schedules and work flow related to the CEO and board’s needs and requirements. Coordinating the CEO’s schedule and travel, while professionally communicating with a variety of RCAC stakeholders, is a critical component of Executive Services.

Position Summary:

Position Description
The Executive Assistant performs high-level clerical functions to process and maintain confidential correspondence, records, board documents and other support for the CEO and Senior Leadership Team with accuracy and attention to detail.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation process. Duties and responsibilities include but are not limited to:
• Make travel arrangements for Board of Directors and CEO
• Submit Board of Directors and CEO travel vouchers
• Coordinate on-site activities, as requested, with CEO and Events Department
• Attend all board meetings and record minutes
• Collect, collate and distribute board packets
• Prepare meeting minutes, confidential correspondence and documents
• Prepare and proofread emails, agendas and minutes
• Maintain files
• Set up conference calls and meetings
• Serve as public relations contact
• Maintain and schedule appointments for Senior Leadership Team meetings, board meetings, conferences and travel agendas for CEO and board members.

Requirements:

Skills and Qualifications
• Proficiency with computer software including Microsoft Office Suite
• English language, grammar, spelling and punctuation
• Provide a high level of customer service
• Take initiative to troubleshoot and solve problems
• Organize and prioritize work to meet established timelines
• Effectively listen and communicate both verbally and in writing
• Work independently and within a team environment
• Comfortable and working with a diverse range of individuals

Physical Job Requirements:
The physical demands described here are representative of those that an employee must meet to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work performed in an office requires the ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)

While performing this position’s duties, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.

The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.

Preferred Education and Experience:
A combination of experience and education is necessary to qualify for the position. A typical qualifying combination would be:

Experience:
Three years of applicable experience in jobs that have included word processing and a variety of administrative duties (education may be substituted for the experience).

Education:
Associate degree (additional qualifying experience may be substituted).

Special Requirements:
Possession of a valid driver’s license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy will be required when traveling for business purposes.

Compensation:

$24.00 to $28.26 hourly

How to Apply:

Please visit www.rcac.org/careers to view the full job description and apply online.

Director of Finance and Operations Maret School
Washington, DC
Job Function: Administrative/Operations/IT
Posted: December 24, 2019

Background:

Maret School seeks a talented, experienced Director of Finance and Operations to lead the Business Office, supervise the school’s operations, and work collaboratively with the leadership team and Board to support the school’s continued advancement and ensure an excellent experience for the Maret School community. This is an outstanding opportunity for a finance professional to contribute to a school that has provided an exceptional and innovative environment for learners for over a century and lives its motto everyday: Noscere Vivere Est – “To Learn is to Live.”

About Maret School

Our historic campus is in the heart of Washington, D.C. and offers a unique setting, where 650 students K-12 and faculty alike demonstrate a sense of energy, imagination, and entrepreneurial spirit. At Maret, everyone seeks a broader perspective – an expanded understanding of each other, our community, and the larger world. Equity and inclusion are at the heart of all we do.
Maret School’s mission is to ignite our students’ potential; foster their academic, artistic, and athletic talents; and promote their well-being. Through our School Philosophy, Maret:
• Provides a vigorous and dynamic curriculum that values innovative approaches to learning and instills a devotion to academic excellence and a love for discovery and exploration.
• Believes that social and emotional development is central to students’ well-being and success and encourages students to tackle challenges in a culture of nurtured risk taking.
• Sustains an inclusive community that embraces diversity of perspective, experience, identity, circumstance, and talent.

Maret is a learning community that values Respect, Integrity, Excellence, Creativity, The Individual, Connectedness, and Joy. Our Strategic Directions 2017 – 2022 will further propel Maret along a trajectory as a truly outstanding independent school. Maret will continue to be sustainable, nimble, and relevant as we embrace our future in a fast-changing world. We use three guiding principles for decision-making over the coming three years: 1) Advancing a Maret Education in the 21st Century, 2) Supporting Our Students’ Success, and 3) Connecting to Our Communities.
Governed by a 28-member Board of Trustees, Maret School has an annual budget of $35M and engages 140 diverse and talented faculty members. For more information, please visit our website at https://www.maret.org/.

Position Summary:

Reporting into the Head of School, the Director of Finance and Operations (Director) is responsible for managing the business office; the smooth operation of physical plant, housekeeping, food and transportation services; and coordinating human resources and technology administrative functions. The Director of Finance & Operations is a pivotal member of the Senior Administrative Group, called OPS, which meets weekly to consider school-wide issues, scheduling, facility use and broad policies. OPS includes the Head of School, Assistant Head of School, Assistant Head of Curriculum Development, Assistant Head of Student Life, and the Directors of Admission, Buildings & Grounds, Development, Finance & Operations and Technology.

The Director connects across the Maret community, providing leadership, support, and collaboration in the following ways:
• Leads the 5-person members in the business office, including the Controller, Director of Human Resources, Senior Accountant and Accountant (Payable).
• Supervises the Director of Buildings & Grounds, Director of Technology, and the Operations Coordinator.
• Collaborates with Department Directors in the lower, middle, and upper schools.
• Works closely with the Director of Admissions, the Director of Development, and the Director of Financial Aid.
• Serves as the key staff representative to three committees of the Board of Trustees: Finance, Benefits and Buildings and Grounds Committees.

Finance & Operations Priorities
The Director of Finance & Operations will join Maret in the early Spring of 2020. Key priorities for this position include:
• Build relationships across the Maret community.
• Learn about, lead, and develop the business office team.
• Develop an in-depth understanding of Maret’s finance and accounting structure and technology platforms, and provide leadership to ensure the accurate, timely, and responsive implementation of finance and accounting functions.
• Review, recommend improvements, and oversee financial policies, internal controls and processes; ensure compliance for all accounting and financial reporting functions.
• Establish effective working relationships with key Board committees, the OPS team, Directors of Development and Admissions, direct reports, and department heads.

Responsibilities:

The Director of Finance & Operations will join a cohesive, collaborative team that embraces a generosity of spirit; brings a passion for the school, our mission, and our values; and appreciates the opportunity to engage with smart and inclusive colleagues. Specific responsibilities include:

Accounting & Finance
• Ensure timely and accurate recording and reporting of student billing, accounts receivable and payable, payroll, general ledger, gift accounting, and operating cash investments.
• Work with the Director of Admission & Financial Aid to determine policies, procedures, and grants. Act as a resource for families to arrive at appropriate payment plans.

Budgeting & Reporting
• Oversee the budget process, working with the faculty and administration to develop departmental budget plans.
• Supervise the implementation of the budget adopted by the Board, monitor all budget categories, and keep all appropriate groups apprised of their status.
• Ensure timely reporting, variance analyses, and forecasting on operations and capital budgets.

Audit & Board
• Ensure the school’s financial information is audit ready and work with the auditor.
• Work with the Treasurer and Trustee Finance Committee to determine endowment and investment policies and implement them as directed.
• Attend regularly full Board meetings. Staff the Board’s Finance, Benefits and Buildings and Grounds Committees.

Operations
• Supervise daily operations of the Business Office.
• Oversee and work with the Director of Buildings and Grounds to supervise and evaluate maintenance, and housekeeping personnel, as well as food service and other contractors.
• Determine short- and long-range physical plant needs and create an annual maintenance plan consistent with the operating budget.
• Supervise and work closely with the Director of Technology and be familiar with Maret’s technological needs and systems that are available to meet those needs.
• Assess Maret’s liability risks and work with insurance and legal professionals to ensure that risks are properly managed with appropriate insurance coverage and adequate policies and training.
• In conjunction with the Assistant Head of School and the Director of Buildings & Grounds, ensure that the Crisis Management procedures are adequate and widely known.
• Be the point person when the Head of School is not available, such as taking the lead for handling any major crisis that involves the administrative side of school-life, including dealing with lawyers, banks, public officials, etc. in coordination with Ops.
• Act as a liaison to government and community organizations and ensure that Maret complies with legal, financial, and regulatory obligations.

Maret currently uses the following technology systems: Veracross (student information system and accounting platform), TADS (tuition management and financial aid), Ravenna (admissions), BlueSnap and Authorize.net (payment processing). The organization uses Microsoft Office and G Suite products for its enterprise cloud server and related productivity tools.

Requirements:

Along with excellent managerial and organizational skills, and financial acumen, the Director of Finance & Operations should possess first-rate communications skills and the ability to develop and maintain strong professional relationships across the school community. Highly qualified applicants will bring a variety of experiences and attributes to Maret, including:

• 10+ years’ professional experience of leadership, financial management and operations, preferably in a nonprofit organization or academic environment.
• Success leading accounting, reporting, and audit coordination for either a division or significant program area; experience overseeing a finance function of at least $10-15M preferred.
• Track record of success delivering high quality and accurate content of all financial data in a timely manner.
• Flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives; experience leading and managing teams.
• A successful track record in setting priorities; keen analytic, organizational, and problem solving skills which support and enable sound decision making.
• Excellent communication and relationship building skills with an ability to prioritize and effectively interface with senior administrators, Maret’s Board of Trustees, and broader relationships across the school community.
• Technology savvy with knowledge of accounting and reporting software.
• Experience working with a Board of Directors, including a board or trustee finance committee, in developing financial business plans and forecasts preferred.
• An understanding and experience with independent schools, their philosophy and operations preferred.
• Personal qualities of generosity of spirit, a curiosity and a passion for Maret’s mission.
• Bachelor’s degree required; CPA, MBA, CPM or Master’s degree in relevant field preferred.

Compensation:

Salary will be commensurate with experience and includes a generous benefits package.

How to Apply:

To apply, upload resume and cover letter including salary requirements to https://curawebservices.mindscope.com/RAFFA04463_CURA/Aspx/form.aspx?lan... . Please direct all inquiries to Raffa-Marcum’s Nonprofit & Social Sector Group, who is conducting the search. Contact: Ginna Goodenow-Schirf, Ginna.Goodenow-Schirf@marcumllp.com.

Maret School stands firmly behind the principle that the admission of students, the employment of faculty, the operations of programs, and the governance of the School be open to all who are qualified regardless of race, creed, color, national origin, ethnic origin, or sexual orientation. We believe that this principle is both firmly grounded in the spirit of American democracy and in keeping with the civil responsibilities of an independent school.

Every Maret employee must abide by our Code of Conduct: https://www.maret.org/about-us/code-of-conduct

About Raffa – Marcum’s Nonprofit & Social Sector Group
On behalf of Maret School, Raffa – Marcum’s Nonprofit & Social Sector Group is working with Maret School to advance the search. Founded in 1984 and recently merged with Marcum, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious institutions like Maret School.

. Please direct all inquiries to Raffa-Marcum’s Nonprofit & Social Sector Group, who is conducting the search. Contact: Ginna Goodenow-Schirf, Ginna.Goodenow-Schirf@marcumllp.com.

Maret School stands firmly behind the principle that the admission of students, the employment of faculty, the operations of programs, and the governance of the School be open to all who are qualified regardless of race, creed, color, national origin, ethnic origin, or sexual orientation. We believe that this principle is both firmly grounded in the spirit of American democracy and in keeping with the civil responsibilities of an independent school.

Every Maret employee must abide by our Code of Conduct: https://www.maret.org/about-us/code-of-conduct

About Raffa – Marcum’s Nonprofit & Social Sector Group
On behalf of Maret School, Raffa – Marcum’s Nonprofit & Social Sector Group is working with Maret School to advance the search. Founded in 1984 and recently merged with Marcum, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious institutions like Maret School.

General Counsel Equitable Facilities Fund
New York, NY
Job Function: Other
Posted: December 22, 2019

Background:

<p>About Equitable Facilities Fund (EFF) Equitable Facilities Fund (EFF) is a 501(c)(3) nonprofit social impact fund that’s on a nationwide mission to help high-performing public charter schools spend more money on students and less on the costs of borrowing for their facilities. We offer school leaders simple and much-needed access to low-cost, long-term loans, combined with support from an expert team that has walked in their shoes. To date, EFF has committed over $175 million to schools that are making a big difference for over 20,000 students, providing them with funding and assistance to amplify their impact. Recently, EFF recapitalized on the bond market, allowing us to scale our fund significantly over the coming months and years. If you’re seeking to have community-level impact on a national scale, apply to join our team!</p>

Position Summary:

The Opportunity

The General Counsel ("GC")will have the exciting opportunity to make an immediate impact at EFF – and on the national public charter school sector as a whole – as a senior member of its dynamic, growing team. The GC will oversee all legal work related to EFF’s lending, bond offerings and other financing, exempt organization status, governance, intellectual property, employment, contracting, licensing and other corporate compliance issues. Our ideal candidate will energetically and enthusiastically approach the sometimes-ambiguous work of a startup, will contribute to building a collaborative, team-oriented culture of excellence, and will innovate alongside our entrepreneurial team.

Responsibilities:

The General Counsel will be responsible for:

Supporting EFF’s governance activities by:
- Reviewing and approving board of directors’ actions
- Attending board of directors’ meetings
- Ensuring sound corporate record keeping and board governance for both boards of EFF and EFF’s affiliated financing LLC
- Ensuring compliance with organizational documents, including internal policies and procedures

Supporting EFF’s lending activities by:
- Assisting with and issue-spotting related to loan transaction structures
- Reviewing construction loan draws and construction management
- Managing and coordinating outside counsel in the preparation of all legal documents related to EFF’s lending
- Leading all loan closings in collaboration with the Chief Credit Officer, including attendance at borrower document signing meetings at various locations around the United States as necessary
- Ensuring compliance with all applicable state licensing and business registration requirements
- Ensuring legal compliance with respect to loan portfolio administration activities, including loan work-outs, defaults, and exercise of remedies

Supporting EFF’s financing and tax-exempt bond offering activities through related LLC by:
- Managing and coordinating outside counsel in the preparation of all legal documents related to EFF’s financing transactions and tax-exempt bond offerings
- Ensuring compliance with applicable federal securities laws, including ensuring satisfaction of all continuing disclosure obligations related to publicly offered bonds
- Ensuring maintenance of EFF’s exempt organization status, including state and federal filings and regulatory communications
- Ensuring maintenance of bankruptcy-remote status of EFF’s related financing LLC, including monitoring of inter-company relationships and compliance with commercial and bankruptcy law

Leading general counsel and compliance work by:
- Managing all outside counsel effectively and efficiently
- Assisting Chief of Staff with the preparation of board materials
- Providing legal advice and/or coordinating outside counsel as needed to address any legal questions that may arise in the normal course of EFF’s day-to-day operations
- Troubleshooting legal issues, such as but not limited to contracting, employment, intellectual property, cybersecurity, privacy, corporate, real estate, commercial law, bankruptcy and/or governance legal issues, as they arise
- Ensuring corporate compliance under all applicable federal and state laws
- Working closely with EFF leadership to ensure highly-effective and high-functioning organizational strategy, growth and operations

Requirements:

Above all, our General Counsel should be a driven, savvy, high-achieving professional with expertise in the complicated mechanics of public finance and tax-exempt bond offerings. Experience with non-profit lending and/or charter school facilities is strongly preferred. Other qualifications and qualities include:

- 10-15+ years of legal experience
- 7+ years of public finance legal experience
- Legal expertise in real estate, construction, entitlements, liens, etc., strongly preferred
- Experience working with 501(c)(3) non-profits (as clients or as an employee) strongly preferred
- Warm and approachable while being highly engaged
- Significant experience building strong relationships with and effectively managing outside counsel
- Excellence with project management of complex deals and documents
- Ability to produce high-quality work product under tight deadlines
- Outstanding organizational and time management skills
- Track record of meeting and exceeding aggressive goals
- Driven to develop, motivate, and inspire all members of the team
- Extraordinary communication skills
- Ability to collaborate across functional areas
- Thrives when working in a fast-paced, evolving environment on complex, high-impact initiatives
- Thrives in start-up setting and enjoys innovating with a team of educational entrepreneurs
- Problem-solving and solution-oriented mindset
- Highly detail- and team-oriented
- A high degree of integrity and authenticity
- Travel will be required 20-25% of the time

Compensation:

Compensation is competitive, commensurate with experience. We are proud to offer extraordinary benefits, including unlimited PTO, as well as medical coverage and a 401(k) match.

How to Apply:

To apply online, please use the following application link: https://grnh.se/287123c42

Principal, Business Development Equitable Facilities Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: December 22, 2019

Background:
About Equitable Facilities Fund (EFF) Equitable Facilities Fund (EFF) is a nonprofit social impact fund that’s on a nationwide mission to help high-performing charter schools spend more money on students and less on the costs of borrowing for their facilities. We offer school leaders simple and much-needed access to low-cost, long-term loans, combined with support from an expert team that has walked in their shoes. To date, EFF has committed over $175 million to schools that are making a big difference for over 20,000 students, providing them with funding and assistance to amplify their impact. Recently, EFF recapitalized on the bond market, allowing us to scale our fund significantly over the coming months and years. If you’re seeking to have community-level impact on a national scale, apply to join our team!

Position Summary:
The Opportunity The Principal, Business Development will play a critical role in the sourcing and structuring of EFF’s initial $600 million dollar fund. Reporting to the Chief Credit Officer, the Principal will actively grow the number of schools in EFF’s loan portfolio by leveraging their existing networks and continuously prospecting for new schools to engage. The ideal candidate will possess excellent outreach, relationship management, and financial skills, as well as deep knowledge of the charter school sector.

Responsibilities:

The Principal, Business Development will be responsible for:

- Loan Sourcing: Actively build pipelines of prospective school loans that meet EFF’s rigorous financial, academic, and social impact criteria. The Principal, Business Development will be responsible for generating leads and maintaining relationships to support over $200 million in lending annually.

- Deal Structuring: Serve as EFF’s leading expert on financial structuring and loan products. Use deep investment and sector experience to deliver value to schools and, when needed, creatively solve challenges that arise throughout the deal process.

- Outreach and Marketing: Conduct outreach to school leaders, financial advisors, and other intermediaries by attending conferences, visiting schools, and conducting direct outreach. Serve as a highly respected and visible external presence for EFF and clearly convey the value of our product to various stakeholders.

- Pipeline Tracking & Monitoring: Track leads and potential deals through various stages of EFF’s lending pipeline. Maintain primary responsibility for keeping EFF’s Lending and Leadership Teams up-to-date on pipeline activity.

- Relationship Management: Serve as a primary point of contact for schools and financial advisors throughout the lending process. Keep stakeholders abreast of key developments and respond quickly and directly to any questions or concerns.

- Systems and Product Leadership: Play a leading role in the development of systems and processes that will strengthen loan pipeline activity. Collaborate with EFF leadership to enhance product offerings.

Requirements:

- 10-15+ years of overall professional experience.

- 5+ years of experience in investment banking, venture capital, private equity or charter school finance and management

- “Must Love Schools” -- the ideal candidate will be passionate about education reform and have deep experience in the charter school sector

- Expertise in charter school facilities financing strongly preferred

- In-depth experience with structuring financial products

- Track record of meeting and exceeding aggressive goals

- Outstanding relationship management skills

- Extraordinary communication skills and an ability to clearly explain and answer questions about product-related details

- Strong problem-solving skills and an ability to think “outside the box”

- Customer service orientation and ability to collaborate across functional areas

- Unyielding commitment to EFF’s mission, team, and school partners

- High degree of integrity and authenticity and a good sense of humor

- Willingness to travel frequently (approximately 50% of time)

Compensation:

Compensation and Benefits

- Compensation is competitive and commensurate with experience. We are proud to offer excellent benefits.

How to Apply:

To apply online, please send a cover letter and resume to: https://grnh.se/5c00291e2

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