Industry Job Bank

  • Make an impact and join the opportunity finance field.

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

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

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

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

Senior Strategic Advisor Dri Fund
West Palm Beach, FL
Job Function: Other
Posted: April 5, 2018


DRI is an impact investment manager that is also a Community Development Financial Institution, certified in 2017. DRI was created with a goal of developing investment opportunities that create above-market rate returns and have a positive social impact. To that goal, we recently launched the DRI Mortgage Opportunity Fund with 50MM AUM dedicated to social impact investment.
DRI’s professionals have an extensive experience in mortgage loan investing and have generated a strong investment track record, while successfully promoting community development. DRI has an investment focus on affordable housing and financing, distressed loans and alternative lending with a social impact focus towards preventing foreclosure, stabilizing distressed neighborhoods, creating jobs & providing financing for underserved communities. Learn more at DRIFUND.COM

Position Summary:

We are looking for Senior Strategic Advisor to play a key role in the expansion of our CDFI. This community development professional should have deep experience and existing relationships within the CDFI community, business development, mortgage origination, and a track-record of working with community development programs both public and private. The ideal candidate is a highly-motivated community development and affordable housing professional with knowledge of the resources available to CDFIs who can guide our business expansion strategies, capital solutions, community development activities and operational growth while supporting our overall mission.



Capital Solutions

This person will collaborate with our capital raising team to build on our current business development efforts. They will identify, vet and develop scalable CDFI capital solutions, innovative programs, partnerships, financial instruments, and grant opportunities that align with our mission. This person should be able to easy navigate the industry make connections that drive growth.
Business Expansion

This person will work with the Senior Management Team to help design and implement business expansion strategies that scale mortgage origination efforts, mortgage banking platforms and plan for future growth in the LMI origination space. This person will also advise on talent recruitment and organizational development as it applies to the origination business.
Community Development

This person will work with the leadership team to expand our community development reach through partnerships and other methods of deploying capital within our mission to expand our asset base. This person will advise on investment/partnership structures with mission driven institutions.

This person will be the key driver in the operational, compliance and financial performance of the CDFI and the improvement of it’s operational performance. This person will be a liason for the CDFI and advise on matters of accountability, structure and compliance in regards to the organization's goals and strategies.



  • Minimum 15 years expertise in CDFIs and community development programs, non-profit lending, community development lending, affordable housing or community development finance.
  • Strong history of community development/LMI or non-profit mortgage lending and experience in the housing/affordable housing sector
  • Previous experience designing and implementing CDFI expansion strategies
  • Deep experience with business development and capital solutions
  • Strong communicator and relationship builder and analytical lender 
  • Bachelor’s degree required, Master’s degree in a related-field preferred
  • Proven track record of success within a mission-driven organization with references




How to Apply:

Send an email with your resume and cover letter to with the subject: Senior Strategic Advisor

Chief Operations Officer Capital Good Fund
Providence, RI
Job Function: Other
Posted: April 5, 2018


Founded in 2009, Capital Good Fund is a social change organization whose mission is to provide equitable financial services that create pathways out of poverty. As a nonprofit, U.S. Treasury certified Community Development Financial Institution and member of the Opportunity Finance Network, we offer families living in poverty one-on-one financial and health coaching and personal loans from $300 to $25,000.


Position Summary:

The Chief Operating Officer (COO) is a core member of the Executive Team who reports directly to the CEO and serves as the deputy officer when he is not available.


The COO will perform a variety of duties, including, but not limited to:

  • Oversight, support and planning in the areas of financial coaching, loan origination, loan servicing, and information systems. 
  • Coordination of organizational strategy with Chief Executive Officer and Chief Financial Officer, including geographic expansion of services, additional program offerings or loan products, and significant development initiatives.
  • Close cooperation with the Systems team to develop and maintain information technology functions that support rapid organizational growth.
  • Management of all aspects of the main office in Providence, and support of satellite worksites, including in Miami and Sarasota, Florida.



About You:

We are looking for exceptional people. Good Fund employees are passionate, motivated and committed to using financial services to transform the lives of people living in poverty.
You must:

  • Be an excellent manager of people and programs
  • Have five or more years of relevant experience
  • Possess strong analytical skills, including proficiency with Microsoft Excel and the Google Suite of products
  • Be able to connect with and empathize with people of different backgrounds

Preferred Skills and Background:

  • Experience in financial services, business or economics
  • Experience in social work or social services
  • Fluency in spoken and written Spanish


Training and Compensation:

The Chief Operating Officer will receive extensive training on all of Good Fund’s programs and processes from the CEO and other team members. Such training may include several weeks of overlap with the outgoing COO for knowledge transfer.

This is a full-time, forty-hour-per-week position. The COO will earn an annualized base salary of $58,279. In addition, the COO will receive a competitive benefits package that includes a 401(k) plan with an employer match of 2%, medical insurance with a $300/month employer subsidy, dental insurance fully covered by employer, five paid sick days per benefit year, 15 paid personal days in the first year on staff, and the opportunity to apply for personal loans of up to $2,000 at 0% interest.


How to Apply:

Please send a one-page cover letter and accompanying resume to


Portfolio Manager, Community Development Charles Schwab Bank & Trust
Henderson, NV
Job Function: Lending/Loan Operations
Posted: April 4, 2018


We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all.  As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Banking & Trust Services (BTS) is the business enterprise within Schwab overseeing Charles Schwab Bank and the Charles Schwab trust companies.  The BTS organization offers deposit, loan and trust products to Schwab clients who are looking for holistic wealth management solutions that complement their brokerage activities.  The integrated banking and brokerage services represent the strong value proposition we offer our clients. 

Charles Schwab Bank is a full-service bank that offers a range of competitive deposit and lending products.  In 2003, we launched Schwab Bank as a bank for investors, and it has grown to be the 12th largest bank in the United States.  Our goal is to offer a banking experience that complements the Schwab brokerage capabilities, providing banking products tailored to meet our clients’ unique needs as investors, all in one convenient location.  Consistent with the brand, we offer exceptional client experience.

Position Summary:

The Manager of the Community Development Group (CDG) of Charles Schwab Bank is responsible for supporting all members of the group regarding portfolio management and reporting, financial and transaction analysis and due diligence, loan and investment management, data reporting, and operations.  This position is the portfolio manager in the Community Development Group.


Portfolio Management & Reporting

  • Provide support for post-closing monitoring and management of loans and investments, including monitoring cash flows, invoicing, and processing wire requests.
  • Assist Managing Director, Portfolio Management and Business Operations in processing, creating and distributing reports on a quarterly, annual, and, when necessary, interim basis to track the macro and micro performance of the CDG portfolio by spreading client financial reports, communicating with clients, and critically assessing the clients’ financial performance.
  • Track and report on progress made toward Charles Schwab Bank’s CRA Strategic Plan goals.

Underwriting Support

  • Assist Managing Director, Lending and Compliance in performing due diligence, financial analysis and underwriting loan transactions on an as-needed basis.
  • Work with Director of Grants and Services to review financial statements of organizations applying for grants and in any other aspect, as needed, of the grant and service process.

Special Projects

  • Develop financial analyses to evaluate existing and new products and programs.
  • Conduct market and product research as necessary.
  • Support Senior Managers, Directors, and Vice President on special projects when necessary. 


  • Minimum five years of experience in finance and/or community development banking
  • Minimum four years of experience in portfolio management
  • Strong attention to detail, excellent analytical and quantitative talent
  • Excellent proficiency in Microsoft Excel, strong ability with Microsoft PowerPoint and other Office products
  • Strong written and verbal communication skills
  • Strong organizational skills
  • Familiarity with GAAP accounting preferred
  • Experience with CRA Wiz preferred
  • Strong interpersonal skills and ability to convey financial messages in easy to understand language
  • Ability to self-lead and work with little supervision
  • Ability to work across organizational boundaries and build strong partnerships with other departments within the Firm and vendors outside the Firm
  • Bachelor’s degree required; advanced degree such as MBA or Master of Finance, Urban Planning, Public Administration, etc. preferred


Base Salary + Bonus

How to Apply:

Apply using this link:

Accounting and Compliance Specialist Partners for the Common Good
Washington, DC
Job Function: Accounting
Posted: April 4, 2018


Founded in 2000, PCG’s mission is to advance economic justice and opportunity for low-income people and communities.  We do this by partnering with CDFIs and socially motivated investors across the United States to serve borrowers that promote affordable housing, neighborhood revitalization, and healthy communities through support of education, community health centers, human service providers, day care and others.

PCG founded the CDFI industry’s first wholesale loan participation network that today has partnered with over 40 CDFIs in Washington, DC and 33 states, originated over $60 million in participation transactions, and developed a five-year strategic plan with an objective of growing its portfolio from $20 million to $50 million.

PCG has also enhanced its lending abilities as a first time recipient of a New Markets Tax Credit (NMTC) award.  PCG received $35 million in NMTC allocations and to date has closed four (4) transactions for a total of $24.5 million in allocations.

PCG is leading the CDFI industry into the digital sector with the launch of its groundbreaking  CapNexus matches community development finance opportunities with sources of capital.  The platform has 600+ users and has posted over $1 billion community development transactions.  

PCG is also a leader in social impact assessment and public policy advocacy.  Our work is pioneering in its creation of new tools and infrastructure for community development finance organizations to manage portfolios and grow scale and impact.

Position Summary:

The Accounting and Compliance Specialist is a mid-level position with responsibilities in both the accounting and lending areas of Partners for the Common Good.  The incumbent will manage the compliance and reporting duties in these areas, accounting duties for the New Markets Tax Credit transactions, and will provide additional support with financial and portfolio management.  This position reports to the Director of Finance and will work closely with both the accounting and lending teams of PCG.  This position is full-time.



  • Provide support to the lending team in the management of lending compliance functions.
  • Enter loans into the loan servicing software system (Portfol) and generate portfolio reports as needed.
  • Manage payment processing from lending partners and borrowers.
  • Assist with other portfolio management functions as directed.

New Markets:

  • Monitor and review required NMTC compliance reporting to ensure reporting is completed on time and in accordance with all reporting requirements.
  • Provide support to the lending team related to varying NMTC pipeline functions.
  • Assist, where needed, to prepare PCG’s annual NMTC application to the CDFI Fund.


  • Assist, where needed, to prepare any of PCG’s funding applications.
  • Monitor and review compliance reporting to grantors, investors, and any regulatory agencies.
  • Monitor and assist Director of Finance in compiling information required by investor covenants to ensure PCG remains on schedule and on target with all obligations.


The Accounting and Compliance Specialist should be a professional with 5+ years of experience in accounting, compliance, reporting, and office administration.  The position requires a responsible, mature individual that is a self-starter, problem solver and has keen attention to detail.  The Accounting and Compliance Specialist must have strong organizational skills and the ability to multi-task.  Computer literacy in Microsoft Office environment is required, as well as knowledge of fund accounting software.  Individual must have a bachelor’s degree in accounting, or related field, such as business or finance.  Experience in the CDFI field related to general ledger management, lending or New Markets Tax Credits is a plus.


Competitive salary, excellent benefits and a pleasant, challenging work environment.  PCG is an equal opportunity employer.

How to Apply:

For more information about the organization, and to apply, please visit our website at

Manager, Community Development Lending NCCLF
San Francisco, CA
Job Function: Other
Posted: April 3, 2018


The Northern California Community Loan Fund (NCCLF) was founded in 1987 to create a socially responsible investment vehicle to provide capital and expertise to revitalize low-income communities.  NCCLF has grown into a $75 million intermediary nonprofit organization that provides loans, New Markets Tax Credits (NMTCs), consulting, and technical assistance. For more information on NCCLF programs and services, please visit our website at

Position Summary:

NCCLF provides loans and New Markets Tax Credit (NMTC) financing to nonprofits, co-ops and other alternatively-structured enterprises, and food-related businesses throughout Northern and Central California.  Our borrowers use of our financing to develop affordable housing, build community facilities, create economic development projects, support access to healthy food, and strengthen their operations in order to make a difference in the lives of those who need help the most.  

The Manager, Community Development Lending plays a leading role in NCCLF’s lending and NMTC financing efforts.  The position’s primary responsibilities are to oversee the sourcing and underwriting of loan requests to NCCLF’s traditional client base (in contrast to food-related businesses) of nonprofits and mission-driven enterprises developing community facilities and affordable housing, engaging in economic development activities or making use of working capital to meet the needs of low-income communities and underserved populations. This position will supervise up to two loan officers and perhaps a support staffer.  The Manager will also have primary responsibility for underwriting loans that fall within the Manager’s area of expertise.  The Manager will also conduct business development by initiating and developing borrower relationships, and building a base of referral sources and strategic partnerships to advance NCCLF’s mission and impact.

The ideal candidate is a highly motivated, experienced lender with a background in community development finance, ideally focused on either nonprofit affordable housing or community facilities.  The Manager must possess excellent communication skills.  The ideal candidate will show strong capacity for leadership and day-to-day management, preferably demonstrated through prior supervisory experience.  The successful candidate must be a self-starter and must have the demonstrated ability to meet assigned goals successfully and on time.  Finally, the candidate should enjoy working in an active and expanding nonprofit and be able to thrive in a friendly, cooperative, and fast-paced environment.


Essential Duties and Responsibilities (75% of time)

  • Work with the Loan Officers and other originating parties to screen loan inquiries and structure loan requests.
  • Ensuring high-quality customer service by managing flow of applications and underwriting, overseeing loan hand-offs as needed and assigning loan requests to Loan Officers.
  • Underwrite loans as necessary.
  • Review and edit applicable credit memos and commitment letters prepared by loan officers.
  • Assist Chief Lending Officer in managing Loan Committee.
  • Represent NCCLF at community development events, present at workshops, etc.
  • Interface with relevant NCCLF collaborative housing initiatives, such as the Transit-Oriented Affordable Housing Fund (TOAH), San Francisco Small Sites Program, etc.
  • Work with Lending Department staff to identify and arrange training in underwriting skills, lending procedures and best practices, and to identify areas for process improvement.
  • Work with Lending Department leadership to develop and implement new products, borrower marketing strategy and campaigns.
  • Work with Lending Department leadership to prepare annual unit performance goals and budget.
  • Participate in quarterly loan monitoring meetings to maintain NCCLF’s core loan portfolio, currently at about $50 million.

Additional Duties and Responsibilities (25% of time)

  • For especially complex, large and/or time sensitive loans, provide support the Loan Administration Team on:
    • Negotiation and structuring of loan closings. 
    • Monitoring and borrower communication for higher risk loans.
  • Assist Lending Department leadership in maintaining or creating new loan policies.
  • Other duties as assigned, such as the implementation of NCCLF’s new strategic plan; assisting with funding applications; helping to resolve problem loans and workouts; training new staff, etc.


Minimum Requirements

  • Minimum seven years of loan underwriting experience at a CDFI, bank or other financial institution, preferably related to affordable housing development, commercial real estate, or New Markets Tax Credits.
  • Undergraduate degree in business, finance, economics, or other relevant field. Relevant work experience can be substituted for required education.
  • Excellent underwriting skills grounded in strong abilities to analyze financial statements, assess management and leadership, review collateral, interpret business and strategic plans, etc.   
  • Excellent interpersonal and written communication skills.
  • Proven ability to generate client leads and maintain business relationships.
  • Demonstrated strong leadership ability and capacity to manage staff.
  • Superior judgment and consistent attention to detail.
  • Excellent organizational skills, with a strong ability to work both independently and with a team, coordinate staff work teams, handle multiple priorities, and manage time efficiently.
  • Enthusiasm and a passionate commitment to work in community development.

Desired Qualifications, Skills and Experience

  • Working knowledge of the federal Low Income Housing Tax Credit program, the New Market Tax Credit program, and the CDFI Fund within the federal Treasury Department
  • Familiarity with economic and community needs of Northern and Central California. 
  • Understanding and professional experience with nonprofit finance, banking, and management best practices. 
  • Understanding of and experience with community development lending and funding sources.
  • At least three years of supervisory experience.
  • Familiarity with food-related lending and/or policy.
  • English/Spanish bilingual ability is a plus.


  • Position reports to the Chief Lending Officer; communicates regularly with referral sources and potential borrowing clients; attends and participates in Loan Committee meetings; interacts extensively with the lending team and staff/management in other NCCLF departments; and represents NCCLF to outside constituencies.

Job Context

  • Position is pivotal to the success of the lending program and operates in a collaborative, cooperative, team environment.  Workload will vary requiring flexibility with time. 

Hours and Location

  • Full-time position.
  • Work hours will be predominantly during regular business hours, although occasional evening or weekend hours will be required.  A flexible schedule may be accommodated.
  • Worksite will be in the offices of NCCLF in San Francisco, with some travel outside the Bay Area for site visits, business development, and conferences.


Competitive nonprofit salary range depending upon experience, plus an excellent benefits package including health, dental, retirement plan with employer contribution, and three weeks’ vacation.  

How to Apply:

NCCLF is an equal opportunity employer; people of all backgrounds are strongly encouraged to apply. 

To Apply:  Send resume and cover letter (Attn: Manager, Community Development Lending Search) via fax to 415-392-8216 or email to Application Deadline: Open until filled.

Chief Financial Officer Greater Minnesota Housing Fund
St. Paul, MN
Job Function: Finance
Posted: April 3, 2018


  • Greater Minnesota Housing Fund is a 501(c)(3) non-profit financial intermediary established 1996 by The McKnight Foundation and Blandin Foundation to address affordable housing financing needs in Minnesota. To date, Greater Minnesota Housing Fund has conducted direct lending of over $208 million and equity investments of over $130 million. 
  • Greater Minnesota Housing Fund operates a $60 million real estate development loan fund for affordable housing pre-development, acquisition, construction, bridge and longer-term amortizing permanent loans, tax increment bond financing, and first mortgage financing. The loan fund typically provides financing of $20M-$25M per year using this base of capital, but raises $5M -$10M per year to grow the loan fund asset base.
  • Greater Minnesota Housing Fund also operates the Minnesota Equity Fund (MEF), a low income housing tax credit equity financing vehicle for socially motivated investors to finance affordable housing. Minnesota Equity Fund must raise and deploy $25M-$35M in equity capital per year to address current demand. 
  • GMHF also operates the NOAH Impact Fund, a new equity investment fund capitalized with $32.5 million from banks, foundations, and public agencies for the acquisition and preservation of naturally occurring affordable housing in the Twin Cities metro area. The NOAH Impact Fund provides financing of $10M -$15M per year and must raise $30M every two years to address current demand.
  • Greater Minnesota Housing Fund is certified by the Department of Treasury as Community Development Financial Institution (CDFI), holds an Aeris Rating of “4-Starts, AA, Policy Plus”, and is a member of the Federal Home Loan Bank of Des Moines. Greater Minnesota Housing Fund seeks to utilize and access FHLB capital more effectively as it grows.
  • Greater Minnesota Housing Fund is constantly evolving and expanding in innovative ways into new lines of community development finance, planning and technical assistance programs, and research and development activities. In 2018-2019 Greater Minnesota Housing Fund will be capitalizing new housing programs similar to the above program funds.
  • Greater Minnesota Housing Fund values an organizational culture built on collaboration, mutual accountability, and working creatively and in partnership with others in the field.

Position Summary:

The Chief Financial Officer (CFO) is responsible for all financial matters of Greater Minnesota Housing Fund.  The CFO will report to and work closely with the President. In addition, the CFO will partner with the senior leadership and the board of directors to develop and implement strategies across the organization. 

The CFO is responsible for maintaining the financial statements of the organization and for servicing the Loans disbursed by the organization. The CFO, with the assistance of the Director of Lending & Programs will also oversee all compliance and recognition for government (federal and state) contracts and private grants. The CFO must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing an accounting and finance staff of three people.



  • Oversee cash flow planning and ensure availability of funds as needed. 
  • Oversee investment management.
  • Communicate regularly with investment advisor on investment performance and cash flow needs.
  • Develop an effective asset allocation and investment policy for recommendation to the CEO and the Finance Committee of the Board. 
  • Monitor and review investment advisor and manager performance reports for compliance with established performance benchmarks and investment policy. 
  • Periodically conduct investment advisor requests for proposal, lead the selection process; oversee the hiring and management the investment consultant. 
  • Oversee asset management function for company’s loan fund, gap loan, and equity investment portfolios. 
  • Oversee financing strategies and activities, as well as banking relationships.
  • Participate in development activities providing company financials and acting as point of contact for financial due diligence with Funders. Review and accept covenants in funding agreements. 
  • Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.

Strategic Planning and Investor Relations

  • Coordinate the development and monitoring of budgets.
  • Develop financial business plans and forecasts.
  • Participate in corporate policy development as a member of the senior management team.
  • Engage the finance committee of the board of directors to develop short-, medium, and long-term financial plans and projections.
  • Represent the company to financial partners, including financial institutions, investors, foundation executives, auditors, public officials, etc.
  • Remain up to date on nonprofit audit best practices and state and federal law regarding nonprofit operations.

Accounting and Administration

  • Maintain and oversee the day-to-day financial and accounting operations of the organization, ensuring that appropriate systems are in place to maintain effective internal controls for the organization. 
  • Maintain an internal reporting system and account structure that ensures proper disclosure and accountability for all financial activities. 
  • Ensure maintenance of appropriate internal controls and financial procedures.
  • Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funders, foundations, and GMHF’s board of directors; oversee the preparation and communication of monthly and annual financial statements.
  • Coordinate audits and proper filing of tax returns.
  • Ensure legal and regulatory compliance regarding all financial functions.


This position requires ten or more years of experience working in a multi-faceted organization, with significant experience in the following areas: 

  • Nonprofit accounting and management. 
  • Finance, accounting, institutional investments and business management. 
  • Strategic financial planning. 
  • Ability to manage multiple competing priorities and facilitate work among a professional team.
  • Knowledge & experience in real estate development & small business finance.
  • Community relations, board relations, management team, and client relations experience.
  • History of managing growth, aligning operations to support strategic business priorities.
  • Proven track record of problem-solving, resourcefulness and exceeding set goals.
  • Planning oriented, deadline oriented, bottom-line approach to management and operations. 
  • Evidence of good decisions through sound analysis, life experience, and good judgment. 
  • Ability to think strategically, anticipate future consequences and trends, and build the organization components to address dynamic circumstances. 
  • Excellent oral, written skills, meeting facilitation, business negotiation skills.
  • Strong belief in the values of Greater Minnesota Housing Fund, driven by vision & mission. 
  • Competent in latest office software, ability to learn additional core programs.


Competitive benefits package including 401k, health and dental and life insurance

How to Apply:

Please submit your resume and cover letter to Alexis Sheets

Senior Credit Associate RSF Social Finance
San Francisco, CA
Job Function: Business Development
Posted: April 2, 2018


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

With a 33-year track record of deploying loans, grants, and other catalytic capital to social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so, we identify and seek a particular set of skills and experience to meet specific organizational needs. At the same time, we seeking candidates who align with our mission and values.

Position Summary:

The Senior Credit Associate is responsible for underwriting commercial loans to non-profit and for-profit social entrepreneurs in the USA and Canada, as well as helping to manage RSF’s processes for underwriting and portfolio management. Primary duties include underwriting and obtaining credit approval for new and existing formula-based commercial loans in the portfolio, including shared risk and collaborative loans across the risk spectrum. This role reports to the Credit Manager and is part of the RSF Lending Team. This role will support the Senior Directors of Lending with some day to day administrative functions.



Credit Underwriting

  • Evaluate risk, social impact, and financial sustainability of new and existing clients for the Social Enterprise Lending, Shared Risk and Collaborative programs.
  • Underwrite new loans, amendments, and rollovers that meet RSF’s standards for credit quality, social impact, and revenue targets. Escalate credit issues to Credit Manager as needed.
  • Independently manage workflow with minimal supervision including multiple credit requests at different stages of the underwriting process.
  • Perform financial analysis and research for new loan inquiries.
  • Collaborate with Credit Manager to develop appropriate loan structures to manage credit and risks of the loans.
  • Present credits for approval to the RSF Credit Committee.
  • Identify and recommend ways to improve procedures to maintain credit quality and enhance processes.
  • Manage and delegate annual reviews to credit associate; report on findings and results to management and board.
  • Assist with integrated capital collaborative when necessary.

Portfolio Management

  • Manage the compliance tracking process in Sageworks; support other members of Lending Team in obtaining all information required for covenant compliance.
  • Proactively recommend waivers, restructuring plans, and work-through plans to the Credit Manager as appropriate.
  • Assist in implementation of portfolio management tools and systems to increase efficiency and effectiveness.
  • Perform annual reviews on the portfolio.

Loan Administration

  • Manage the loan disbursement process from request from client to funding in partnership with Loan Servicing.
  • Order appraisals and environmental reports.
  • Assist Senior Directors with certain administrative tasks such as meeting preparation, scheduling, expense management and meeting follow-ups.


Knowledge, Skills, and Abilities:

  • Minimum 3 years’ experience in financial analysis and risk assessment
  • Demonstrated ability to assess risk through a nontraditional financial lens highly preferred
  • Experience working with both for-profit and not-for-profit organizations is strongly preferred
  • Familiarity with the social finance sector, social enterprise, or one of RSF’s focus areas is preferred
  • Fluency in oral and written English required
  • Strong written and oral communication skills, including the ability to create credit memoranda for approval and articulate RSF’s lending philosophy and loan products, and the ability to converse by telephone and in person with potential and existing clients
  • Must have a solid grasp of for-profit and non-profit accounting, advanced credit analysis, and financial modeling
  • Demonstrated analytical ability, including the ability to understand repayment risks in various industries and mitigate them to the satisfaction of RSF and social entrepreneurs
  • Strong attention to detail
  • Demonstrated proficiency in financial analysis as it relates to risk management
  • Effective knowledge of Microsoft Outlook, Word, Excel, and PowerPoint required
  • Must be able to use the Internet for research and information-gathering
  • Salesforce experience preferred but not required
  • Ability to exercise good judgment, with appropriate supervision, to manage time effectively, solve significant loan structuring problems, and escalate to Underwriting Manager as appropriate
  • Ability to effectively communicate, negotiate, and present information to Underwriting Manager and Lending Team
  • Ability to work independently, and as part of a team
  • Ability to exercise good judgment, manage time effectively to solve problems, and respond appropriately to changing circumstances and priorities
  • Commitment to the purpose, values, and operating principles of RSF
  • Must be able to use a computer for extended periods of time up to eight hours per day
  • Must be able to frequently communicate orally and by telephone
  • Must be able to occasionally lift boxes (up to 40 pounds)
  • Ability to walk up and down stairs


Compensation & Benefits:

The expected initial salary for this position is expected to be in the $60K to $70K range.

Other benefits include:

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

How to Apply:

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

In the e-mail subject line, please write “Senior Credit Associate”.

Please note that applications without a cover letter will not be considered. No phone calls please. Applications will be accepted on a rolling basis.

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

Business Finance Analyst/Jr. Analyst High Impact Financial Analysis
Albany, NY
Job Function: Underwriting
Posted: March 31, 2018


High Impact helps lenders build and maintain high-performing community development portfolios.  We believe that lending responsibly and with purpose can transform underserved communities, create opportunity where hope is missing, and empower the everyday citizen to be an impact investor.  We serve impact lenders around the country who finance affordable housing development, charter schools, commercial real estate, and small businesses in underserved areas.  High Impact has underwritten over $175 million of community development loans for CDFIs, foundations, and government entities all over the U.S. since its founding in 2014, and we have seen strong growth year after year as we establish ourselves as the standard of excellence in community development finance.  We are a socially responsible company and a Certified B Corp.

Position Summary:

High Impact is hiring a full-time Analyst, Business Finance (minimum 3 years of experience) or Junior Analyst, Business Finance (minimum 1 year of experience) for its Albany, NY office to help it deliver underwriting, financial analysis, and general consulting services to its diverse client roster.  We have grown our small business loan underwriting line of business and are seeking a new staff member to help us continue to provide excellent service and incisive analysis to nonprofit lenders, government entities, and other mission-focused financing organizations.

As Analyst or Junior Analyst, you will lead and assist with underwriting loans to small businesses in many different industries and through many different lending products.  You will work together with the existing team at High Impact and interact directly with the client and borrower.  This position offers variety and opportunities for growth.  The position is ideal for:

  • Experienced business underwriters interested in impact finance
  • Newer underwriters seeking more responsibility
  • Analysts at banks and credit unions interested in an entrepreneurial work environment


At the Analyst level, responsibilities include underwriting loans from due diligence review through the creation of a credit memo, managing underwriting timelines, interacting directly with clients and borrowers to collect information, and assisting on other consulting projects within the company.  At the Junior Analyst level, responsibilities are to support the work of the Analyst by managing components of the underwriting process, such as borrower financial statement analysis, verifying due diligence documentation completeness and originating questions for the borrower, and assisting with the development of credit memos.


The successful candidate will have the following skills:

  • Time management.  This position will work on multiple projects with different deadlines at the same time.
  • Quality writing.  Communicating effectively and professionally in writing is essential.
  • Friendly, professional demeanor.  You will interact with clients and their borrowers, and we have an excellent reputation for customer service to uphold.
  • Analytical expertise.  A critical eye and talent for analysis is key, as well as competency in Microsoft Excel.


Salary based on experience.  High Impact provides a 5% dollar-for-dollar 401(k) match with no wait to vest, quarterly profit sharing, and health, dental, and vision insurance.

How to Apply:

Apply online at Include a cover letter with your application.

Impact Real Estate Analyst/Sr. Analyst High Impact Financial Analysis
Albany, NY
Job Function: Underwriting
Posted: March 31, 2018


High Impact helps lenders build and maintain high-performing community development portfolios.  We believe that lending responsibly and with purpose can transform underserved communities, create opportunity where hope is missing, and empower the everyday citizen to be an impact investor.  We serve impact lenders around the country who finance affordable housing development, charter schools, commercial real estate, and small businesses in underserved areas.  High Impact has underwritten over $175 million of community development loans for CDFIs, foundations, and government entities all over the U.S. since its founding in 2014, and we have seen strong growth year after year as we establish ourselves as the standard of excellence in community development finance.  We are a socially-responsible company and Certified B Corp.

Position Summary:

High Impact is hiring a full-time Senior Analyst, Impact Real Estate (minimum 6 years of experience) or Analyst, Impact Real Estate (minimum 3 years of experience) for its Albany, NY office to help it deliver underwriting, financial analysis, and general consulting services to its diverse client roster.  

As Senior Analyst or Analyst, you will lead underwriting on real estate loans within your areas of expertise (for example, multifamily housing or charter schools).  You will underwrite directly and assign component tasks to the Junior Analyst, and you will interact directly with the client and borrower.  High Impact is a small, entrepreneurial company, and the successful candidate will have the opportunity to contribute to the direction of the company as it continues to grow.  The position is ideal for:

  • Experienced commercial real estate underwriters interested in impact finance
  • Underwriters at CDFIs or banks who are ready to lead projects
  • Analysts at real estate developers interested in lending and community impact


Responsibilities include underwriting loans from the initial review of due diligence through the completion of a credit memo and presentation to a loan committee, assisting on consulting projects such as lending policy development and portfolio analysis, and managing relationships with clients through email, phone calls, and occasional in-person events such as conferences.


The successful candidate will have the following skills:

  • Time management.  This position will manage multiple projects at once.
  • Quality writing.  Communicating effectively in writing is essential.
  • Friendly, professional demeanor.  You will manage relationships with lenders ranging from emerging loan funds to national, industry-leading CDFIs.
  • Analytical expertise.  A critical eye and talent for analysis is key, as well as competency in Microsoft Excel.
  • Attention to detail. This position will submit work directly to clients and must not rely on heavy revisions from senior staff to reach a quality work product.
  • Knowledge of real estate finance.  This is not an entry-level position.  Candidates should understand the real estate development cycle and common financing mechanisms.


Salary is based on experience. Benefits include a 5% dollar-for-dollar 401(k) match with no wait to vest, quarterly profit sharing, and health, vision, and dental insurance.

How to Apply:

Apply online at  Please include a cover letter with your application.

Loan Capital Asset Manager Greater Minnesota Housing Fund
St. Paul, MN
Job Function: Other
Posted: March 26, 2018


Greater Minnesota Housing Fund (GMHF) is Minnesota’s leading nonprofit affordable housing lender. More than just a lender, GMHF is known for its innovation and its creative approaches to Minnesota’s affordable housing challenges.

GMHF is certified by the Department of Treasury as a Community Development Financial Institution (CDFI), and is a 501(c)(3) nonprofit organization founded in 1996 to address the affordable housing needs of Minnesota’s under-served areas including cities, towns, rural areas, and tribal nations. GMHF is rated Four-Star, AA Policy Plus by Aeris and is a member of the Federal Home Loan Bank of Des Moines.

Position Summary:

The Greater Minnesota Housing Fund Loan Capital Asset Manager oversees a development loan fund portfolio, gap loan portfolio and equity investment portfolio. The $42 million development loan fund portfolio is currently composed of 40+ outstanding loans  for various real estate developments and enterprises, including predevelopment loans, construction loans, bridge loans, mini-perm and permanent loans, with various interest rates, cash flow provisions and other terms. In addition, Greater Minnesota Housing Fund manages a $60 million "gap loan" portfolio (200+ gap loans) composed of subordinate and deferred soft second loans which are largely inactive during the term, but with 4–6 maturing loans annually which must refinanced, repaid or extended. Additionally, GMHF is in the process of investing in $25 million of rental properties to preserve unsubsidized affordable housing in the metro. The Loan Capital Asset Manager position will ensure ongoing compliance with executed agreements, monitoring the overall health and condition of underlying properties and adherence to various regulatory agreements. Loan Capital Asset management is fulfilled through disciplined monitoring, analysis, reporting, and problem solving with Greater Minnesota Housing Fund Loan Officers, borrowers, real estate developers, construction managers, and the principals of real estate partnerships.


Asset Management

  • Maintaining up to date knowledge of Greater Minnesota Housing Fund’s emerging and ongoing financing pipeline, existing loan assets, and a range of pending loans and equity investments.
  • Underwriting operating performance of potential investments, providing feedback on potential sources of risk, and communicating findings with Lending Team.
  • Monitoring construction period progress including conducting site visits, evaluating, approving and processing construction draw requests, monitoring loan disbursements and/or capital contribution needs.
  • Monitoring the status of occupancy and/or lease-up on investments and/or constructions loans and interacting with the Borrower, Property Manager and the Loan Officer to measure progress metrics and maintain knowledge of the loan/investment through the lease-up phase
  • Coordinating with external parties including borrowers, processors, property owner/manager, , attorneys and others as needed in order to build relationships, mitigate risk, and solve problem. 
  • Monitoring all types of loans, including real estate loans, enterprise loans, facility loans, etc. on a monthly and/or quarterly basis to maintain direct knowledge of the status of the project/collateral and compliance with any loan requirements or covenants.
  • Monitoring the ongoing operations of the investment and/or loan collateral and/or the underlying properties to ensure continued compliance with applicable programs, loan documents, and the agreements
  • Identifying, analyzing, reporting, and mitigating risk on loans or assets at risk due to operating issues, including such things as high vacancy & turnover, revenue & expenses variances, building condition, market issues and other compliance issues. 
  • Developing and monitoring an action plan in coordination with the Lending Team on progress for troubled assets on a regular basis to ensure improved asset performance. Corresponding regularly with the borrower and internally on status.
  • Flagging the need for, initiating and assisting in project workouts, involving loan officers as need to manage negotiations. 
  • Managing, monitoring and communicating with Loan Officers and Finance Staff on status of required loan payments and/or the status of due dates.  
  • Working with the Sr. Underwriter to prepare in advance for Year 15 LIHTC refinancing/ extensions/repayments; 24 months in advance of loan maturity or Year 15 LIHTC compliance term whichever is first. 
  • Working with and maintaining up to date loan files, including digital files on the server and in the loan servicing system, email records, and paper loan file to assure completeness, audit and inspection quality.
  • Participating in strong internal communication so team members are kept informed of project status and borrower relationships.  
  • Continue to develop and improve asset management policies.

Financial Analysis 

  • Working collaboratively on other organizational functions potentially including business planning, financial modeling, capital formation, investor relations and credit analysis, as needed.
  • Remaining flexible to shift priorities and assignments as requested to meet organizational demands. 
  • Other duties as assigned.


Professional Qualifications

  • 7-10 years of experience in real estate development; finance, rent-restricted multifamily asset or property management; or community development. 
  • Ability to read and analyze real estate budgets and financial statements.
  • Analytical skills and attention to detail with strong financial skills and knowledge is essential.
  • Proven judgement and decision-making skills.
  • Demonstrated conceptual ability and strategic thinking
  • Excellent oral and written communication, organizational and interpersonal skills, as well as the ability to work under tight deadlines, manage priorities, and complete assigned tasks with minimal management follow up. 
  • Experience with lending, banking, affordable housing and/or community development lending a plus.
  • Experience with loan servicing software.
  • Expert proficiency in MS Excel and data-base analysis. 
  • Bachelor’s degree required. BA/BS in real estate finance, economics, business, accounting or related field preferred. 

Personal Qualifications

  • Personal maturity, emotional intelligence, strong work ethic, task oriented, highly responsive to the day to day needs of the organization, ability to work effectively with a range of personnel,  including the CEO, the management team, other professional staff.
  • A high degree of comfort with an iterative analytical process, including extensive feedback, ongoing collaboration and input from peers, extensive scenario planning & business planning.  
  • Ability to organize multi-faceted & diverse assignments, manage multiple priorities and projects simultaneously.
  • Comfortable with team work and collaborative work products and interest in work process and work product critiques.
  • High energy, flexibility and drive to work in an entrepreneurial organization. High tolerance for ambiguity, changing demands, and multiple priorities. 
  • Passion for affordable housing, community development, and social justice.
  • A commitment and ongoing interest in working in the non-profit field.



How to Apply:

Submit your resume and cover letter to the Executive Assistant, Alexis Sheets


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