Background:
Today in America, and especially in the greater Seattle and Tacoma areas, the need for resilient, healthy, and inclusive communities with quality life, affordable housing, and wealth opportunities is greater than ever. The shortage of safe, affordable homes, skilled job training, education, and quality healthcare affects everyone and everything. With the COVID-19 pandemic, many are struggling in midst of unprecedented challenges to stay in their homes amid declining neighborhoods. For forty years, LISC has supported people and places in need to achieve stability and resiliency—the very attributes everyone, and every community, requires. In 2019, LISC had its best year ever investing $1.8 billion to catalyze opportunity in hundreds of historically underserved rural and urban communities. This historic success allowed LISC to be able to pivot and offer immediate relief to people, enterprises, and communities nationally bearing the brunt of the 2020-21 pandemic's fallout.
Position Summary:
LISC’s Executive Director role represents an exciting and distinctive opportunity to experience deep purpose and a fulfilled sense of mission in leading the growth of local programs, funding, and services that will positively impact the lives of thousands of individuals and families in Seattle (King County) and Tacoma (Pierce County). LISC and its affiliates have continuously served Washington State since 1984, providing $712 million in grants, lending, and equity investments. The Executive Director will be responsible for re-establishing LISC’s “on-the-ground” role in the Puget Sound area. Reporting to LISC’s West Region Program Vice President, the Executive Director will build, lead, and manage a talented team of community development professionals and hire a Program Officer as their first hire immediately, with an expectation to grow the team in future. National LISC has already established a strong operating base of private sector support that includes partnerships with the Bank of America Charitable Foundation, Seattle Foundation, and State Farm. This position will be based in LISC’s Seattle office, once established, and provides flexibility for working remotely as needed.
The ideal candidate must bring a passionate, enthusiastic commitment to LISC’s mission of forging resilient and inclusive communities of opportunity, and a minimum of ten years senior-level experience in community development (or economic development), real estate, capital development, community revitalization, and other related fields. Experience in shaping affordable housing and real estate projects through development or lending and growing organizational capacity would be an advantage. Additionally, proven experience in staff and office management with an ability to attract and sustain philanthropic funding will be essential.
Responsibilities:
Requirements:
Compensation:
Salary Range: $155,000-$175,000 annually
How to Apply:
LISC has retained Campbell & Company to conduct this search. A full position guide can be viewed here: https://bit.ly/2XbPtpF. To be considered for this opportunity, please send a letter of interest and resume to: angele.bubna@campbellcompany.com
Background:
The secret is out: Denver is the nation's top place to live, work, and play. Being the best place to live isn't easy; maintaining such a reputation means we need the best people working for the residents of Denver. People who want to make a difference; people who want to give back; people who want to be at the heart of this city and have a hand in creating our future. When you join us, you will employ your unique skills to do important and meaningful work critical to the success of both your organization and the city as a whole. Be a part of the city that you love. #WhereDenverWorks
At the Department of Housing Stability, we are committed to support Denver residents as healthy, housed and connected. We invest resources, create policy, and partner with various organizations to help keep residents in the homes that they already live in, quickly resolve an experience of homelessness, and connect residents to new housing opportunities. To support these efforts, the department helps to:
Stabilize residents at risk of involuntary displacement and connect residents to housing resources such as home repairs, rent and utility assistance, and legal support. This work is led by our Homelessness Resolution and Housing Stability Division.
Support persons experiencing homelessness by connecting them to housing, shelter and other services to get stabilized quickly. This work is led by our Homelessness Resolution and Housing Stability Division.
Create and preserve existing affordable housing and connect residents at any income level to new housing opportunities through programs such as downpayment assistance or counseling services. This work is led by our Housing Opportunity Division.
Position Summary:
We are hiring TWO positions as identified below.
The Housing Opportunity team is responsible for leading efforts on the creation and preservation of affordable housing, focusing on policy, preservation of housing opportunities, investment and partnerships. Reporting through the Housing Portfolio Director, we have two lead positions:
1) The Lead Housing Development Officer will:
Serve as an internal subject matter resource to a team of 2-4 staff members and coordinate the agency’s efforts to drive a strong pipeline of rental housing and homeownership developments that align with the city’s strategic priorities and serve a range of household incomes.
Evaluate and reevaluate legal and financial loan structures to mitigate agency risk while meeting affordable housing goals.
Execute and oversee a variety of financial tasks, including financial modeling and analysis, predevelopment budgets, underwriting, and review of financing, grant applications and term sheets from investors and lenders.
Coordinate with federal, state, and local partners to ensure that the pipeline of rental housing and homeownership projects meets the city’s strategic plan affordable housing goal
The Lead Housing Development Officer will coordinate the overall rental pipeline with the Lead Supportive Housing Development Officer who will focus on development of supportive housing with intensive services for residents experiencing homelessness.
2) The Lead Supportive Housing Development Officer will:
Serve as an internal subject matter resource to a team of 1-3 employees analyzing financial feasibility of supportive housing developments, negotiating supportive housing agreements, underwriting supportive service plans, underwriting gap financing for supportive housing projects, and coordinating with partners to connect residents to housing through coordinated entry and street outreach.
Lead the agency’s efforts to drive a strong pipeline of supportive housing developments to help residents transition out of homelessness into a safe, stable home with supportive services such as mental and physical health services, job training, and more.
Evaluate and reevaluate legal and financial loan structures to mitigate agency risk while meeting supportive housing goals
Collaborate with other Lead Housing Development Officer to support the overall rental pipeline and the development of supportive housing with intensive services for residents experiencing homelessness.
Coordinate with federal, state, and local partners to ensure that the pipeline of supportive housing projects meets the city’s strategic plan goal to support residents exiting homelessness.
Analyze service plans for proposed supportive housing developments to ensure that adequate resources are provided and leveraged to meet the city’s services standards, including the use of strategies that focus on Housing First, harm reduction and trauma-informed care
Ensure effective investment, policies, and partnerships to support implementation of OneHome, the region’s coordinated entry system, to connect residents experiencing homelessness to the appropriate housing solution
Oversee capital projects that support rapid rehousing strategies
Responsibilities:
Additionally, each Lead Development Officer will:
Be responsible for independently building relationships with nonprofit and for-profit borrowers, informally consulting with borrowers on structuring financing to balance the needs of the borrower while mitigating the risk of the City, writing credit memos to capture all salient points of the underwriting process, presenting loans for approval to both the Loan Review Committee and City Council, responding to inquiries from City Council members, closing loans to meet annual loan volume and unit goals and borrower deadlines, and ensuring thorough due diligence documentation.
Support execution of the multi-year strategic plan for the Department of Housing Stability, including implementation steps related to the Division of Housing Opportunity
Coordinate with Division team members to ensure that the city has a coordinated approach to evaluating prospective projects for limited investments according to strategic plan priorities
Originate loans within the context of the overall portfolio, based on knowledge of CCD’s loan products, risk tolerance, and staffing capacity, to determine a preliminary structure that will meet borrower’s needs while adhering to CCD’s term sheet, policies, and protect CCD’s risk.
Analyze financial feasibility of housing development loan requests, including review of proformas and underwriting for projects that use low income housing tax credits, private activity bonds, and other affordable housing financing mechanisms
Negotiate housing loan or grant agreements and coordinate with partners to ensure the development of affordable housing
Make recommendations regarding the use and funding level of federal, state, and local resources for supportive housing and services, including innovative models that bring new investments and partnerships to Denver
Represent City and County of Denver to the public, effectively build relationships with community stakeholders, development partners, and investors, which are the cornerstones of CCD’s public mission, ranging from small local nonprofit organizations to large developers.
Requirements:
Our Ideal Lead Housing Development Officer has:
5+ years’ experience in project development and negotiation, underwriting, tax credit financing, and bond financing
Experience with multifamily real estate lending and analysis, and public sector programs critical to community development lending, and experience with supportive housing programs.
Experience with investment with a deep understanding of the pro forma review, underwriting, tax credits and other financing, tasks and partnerships that go into successful housing development and maintenance
Experience developing or preserving affordable housing within a for-profit, non-profit or quasi-governmental organization in a high cost housing market
Familiarity with leasing and management and/or property development for rental housing or supportive housing
Demonstrated experience resolving conflicts through negotiation and maintain borrower relationships during difficult situations.
Working knowledge of federal compliance requirements including HOME, CDBG, HOPWA, Section 3, Davis Bacon, and URA.
Ability to work effectively within a team, including the ability to mentor, train and supervise staff
A strong commitment to public service, with experience working with and serving diverse communities
We recognize your time is valuable, so please do not apply unless you meet the following required minimum qualifications:
Education: Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or a related field.
Experience: Three (3) years of full performance, professional level experience overseeing and administering functional or operational aspects of fiscal business operations.
Education/Experience Equivalency: One (1) year of the appropriate type and level of experience may be substituted for each required year of post high school education. Additional appropriate education may be substituted for the minimum experience requirements.
Compensation:
Position Salary Range
$73,239.00 - $117,182.00
Starting Pay
Based on experience and education
How to Apply:
Apply at Denvergov.org/jobs, click on "External Applicants" and search on "Housing Stability" to see postings for our agency.
Background:
MISSION
To provide homeownership opportunities through public and private partnerships, financing, and technical assistance enabling low-to-moderate income borrowers to own and sustain their own homes.
VISION
All individuals and families will have access to homeownership opportunities in thriving revitalized communities.
OBJECTIVE
To increase homeownership opportunities in underserved communities by providing affordable mortgage lending products and down payment assistance.
Learn More About Family Housing Advisory Services/ Omaha 100, Inc.
https://www.omaha100.org/mission.html
https://www.fhasinc.org/
Position Summary:
Under the guidance of the Board of Directors, in consultation with the Chief Executive Officer of Parent Company Family Housing Advisory Services (FHAS), and in line with the mission and policies set forth, the Deputy Executive Director of Omaha 100 Incorporated provides leadership, strategic and business planning, the annual budget and direction to Omaha 100. Identifies new business initiatives that align with Omaha 100’s mission. Builds strong relationships with Omaha 100’s Board of Directors, financial institutions, investors, government officials, and religious communities. Inspires high levels of performance in Omaha 100’s team to strengthen Omaha 100’s brand. Recommends policies for consideration of the Board of Directors, establishes and maintains administrative and operating procedures and controls, and ensures the sustainability of the agency within the mission established by the Board of Directors. Directly accountable to the Omaha 100 Board and to the FHAS CEO or her designate for his/her supervision and administration of the day-to-day operations of the Corporation. Evaluated by the Omaha 100 Board of Directors. In consultation with the Executive Director of Family Housing Advisory Services, Inc.
Responsibilities:
Essential Job Functions/Responsibilities:
1. Develops strategic and business plans for Omaha 100 that contain specific measurable performance standards. Participates in annual and strategic planning activities with the FHAS and Omaha 100 Boards of Directors.
2. Acts as a substantive and visible presence in the community lending business. Represents the organization and builds the Omaha 100 brand.
3. With the Chief Finance Officer, coordinates the development of the operating budget for Omaha 100 to monitor budget versus actual performance.
4. Fund Raising for Capital, Operations, and Business Management: Responsible for leading growth and diversification of Omaha 100’s fundraising, lending and capital relationships. Develops and implements a business plan to prudently grow Omaha 100’s development, including building new relationships with capital markets and increasing and diversifying its available lending capital including existing and new investors.
5. New Products and Innovation: Develops Omaha 100’s business line and explores other product opportunities.
6. Builds and supports Omaha 100’s strategic business investor and borrower relationships, including lenders government agencies, federal officials, Board and Loan Review Committee. Oversees the performance of assets while maintaining compliance with CDFI standards. Directs and facilitates communications and reporting with Board of Directors and board committees. Represents Omaha 100 in membership organizations and advocacy relationships.
7. Manages a responsible and sound loan portfolio consistent with direction from the Omaha 100 Board and industry standards. Ensures Omaha 100’s lending is in conformance with applicable laws and regulations
8. Loan Production: Responsible for working with the Omaha 100 Board to set loan origination strategy and for leading and directing the lending team directly to meet and exceed loan production goals.
9. Acts in keeping with his/her fiduciary responsibility as an executive of Omaha 100.
10. Coaches, develops and supervises staff.
Requirements:
Qualifications:
1. Understands and supports the mission and values of Omaha 100.
2. Represents Omaha 100 in a professional manner at all times.
3. Bachelor’s degree in urban planning, economics, business or related field required. Master’s degree strongly preferred.
4. Experience in affordable housing lending and loan processing with emphasis on the transaction side of low-income housing.
5. Minimum of four (4) years of supervisory and leadership experience.
6. Established history of strategic and business planning, product innovation and conceptual ability to develop new product ideas and spot market opportunities.
7. Possesses initiative and the ability to work independently. Willingness to work with a participative style of decision-making. Achieves results for the organization with and through other people utilizing creative and innovative solutions.
8. Communicates clearly, both orally and in writing, and relates to a variety of diverse individuals and groups including a board of directors and stakeholders.
9. Proven skills in budgeting, financial management, and credit experience, including responsibility for financial and operational performance.
10. Demonstrated knowledge of managerial and leadership skills, including a proficiency for conceptual thinking, motivating, and problem solving.
11. Intermediate/advanced computer proficiency (including Microsoft Office programs).
12. Treats all people with respect and compassion.
Family Housing Advisory Services is an Equal Opportunity Employer.
Compensation:
$80,000-$95,000 Annually
How to Apply:
Please email your Resume and Cover Letter to Gilbertine Nyonzima at: gilbertinen@fhasinc.org
Please remember to state the site you are applying from. For Additional questions or verifying if your info was received, you can call: 402-507-8230.
Background:
Mission Economic Development Agency (MEDA) - Building on its 48-year history, MEDA is advancing innovative approaches to asset development. Its efforts are focused on serving low-income, Spanish-speaking San Franciscans. Our direct service programs serve 7,500 individuals each year through homeownership counseling and foreclosure intervention, business development, digital literacy, workforce development, financial education and free tax preparation. We also devote resources to research and evaluation, community organizing and advocacy. In the process, MEDA is helping to develop best practices in the field.
In 2015 MEDA launched a Community Development Financial Institution (CDFI) – Fondo Adelante – to provide loans throughout the San Francisco Bay Area to Latino-owned small businesses that are currently underserved by traditional and non-traditional lenders alike. Fondo Adelante’s initial micro and small business loan products provide loans of up to $100,000 to qualifying business owners. The CDFI has also launched several emergency loan programs to respond to COVID-19’s impact on Bay Area small businesses and is currently in the process of deploying more than $10 million in no-interest or low-interest loans. Fondo Adelante recently integrated its lending team with MEDA’s Business Development Program to better facilitate pre- and post-loan closing technical assistance (offered in both English and Spanish) for small business borrowers. With this integration of business capital and business coaching support, MEDA is meeting the needs of low-income, Latino-owned businesses to support asset-building through business growth and job creation in the San Francisco Bay Area.
Position Summary:
MEDA is seeking a qualified Loan Compliance Manager/Officer that will manage the reporting and compliance activities for Fondo Adelante’s growing body of lending and technical assistance work.
Qualified candidates will possess experience in the community development sector and will have demonstrated the ability to manage projects and reports against hard deadlines.
This position reports to the Director of Fondo Adelante and works closely with all Fondo Adelante staff, as well as MEDA’s Evaluation and Finance teams. Fondo Adelante’s loan and technical assistance portfolio has grown rapidly through its emergency lending in response to COVID-19. So this is an exciting opportunity to join an ambitious, high-impact community lender and help strengthen its infrastructure at a critical inflection point in its growth.
Responsibilities:
● Grant reporting: Manage reporting to all of Fondo Adelante’s funders (public and private), including on-time submission of programmatic, lending, and financial performance reports.
● Investor reporting: Manage reporting to all of Fondo Adelante’s lenders/investors, ensuring compliance with all financial and other contractual covenants.
● Regulatory reporting: Lead submission of Fondo Adelante’s annual reporting to regulatory agencies, primarily the US Treasury CDFI Fund and the California Department of Financial Protection and Innovation.
● Coordinate with Loan Servicing Specialist to ensure accurate and timely reporting on Fondo Adelante’s lending and portfolio performance.
● Coordinate with MEDA Evaluation team to ensure accurate and timely programmatic data entry into MEDA’s Salesforce system.
● Assist MEDA Evaluation team in conducting ongoing analysis of the CDFI’s lending and technical assistance programs.
● Assist Director and managers in communication with the CDFI’s funders and investors.
● Continue to develop reporting capacity, including implementation of new systems and protocols related to reporting.
● Assist Director in regular reporting to Fondo Adelante Board and MEDA senior management.
Requirements:
● Bachelor’s degree in data science, business, finance, public administration, city/urban planning, or related field is required.
● At least 2 years of relevant professional experience, which could include: community or economic development, grant management, data science, consulting, finance, or business management (more years of experience required for Manager level).
• Experience working with small businesses, community development financial institutions, or community economic development programs, highly preferred.
• Strong analytical, organizational, and project management skills/experience.
• Strong Excel, data analysis, and research skills.
• Excellent verbal and written communications and presentation skills.
• Knowledge of or experience with under-banked, low-income, and underserved populations is highly desirable.
● Entrepreneurial work ethic, creativity, and openness to exploring new ideas, systems, and reporting tools.
● Commitment to MEDA’s mission and approach to economic and racial justice.
Compensation:
60,000 - 85,000 per year plus excellent benefits
How to Apply:
TO APPLY: Click on the link below and provide your resume and cover letter.
https://medasf.bamboohr.com/jobs/view.php?id=44
Background:
What We Do
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.
Strategies We Pursue
• Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities.
• Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities.
• Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places.
• Develop leadership and the capacity of partners to advance our work together
• Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being.
Over the last 40 years, LISC and its affiliates have invested approximately $22 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 36 markets with offices extending from Buffalo to San Francisco. Visit us at www.lisc.org
Position Summary:
LISC is seeking qualified candidates to fill the position of Director of Treasury. This position will be part of LISC’s Treasury Department and will report to the Vice President and Treasurer and work in close coordination with Accounting and Lending staff and other members of the Treasury department. The position will be based in LISC’s New York City headquarters.
Responsibilities:
The Director of Treasury core responsibilities will include:
Overseeing Daily Cash Management Requirements and Transaction Processing
• Ensure adequate cash balances for daily operations
• Review and release wire transfer and ACH transactions
• Evaluate cost and services of current provider’s and competitors’ treasury management portals
Overseeing Systems and Collection and Storage of Transaction Data
• Act as primary security administrator for J.P. Morgan Access and other treasury management portals
• Make sure that files are correctly maintained and that all necessary documentation is retained
Managing Monthly Cash and Investment Reconciliation Process
• Work with the Accounting Department to make sure that cash and investment activity is properly recorded on a monthly basis
Providing Management Oversight of CDFI Fund Reporting
• Oversee completion and submission of Annual Certification Report
• Make sure that reporting requirements for CDFI Program and Capital Magnet Fund Program awards are met
Serving as Project Manager for CDFI Bond Guarantee Program
• Ensure that compliance and reporting requirements are met
• Monitor pledged loans and oversee collateral substitutions
Managing Staff
• Oversee a Senior Financial Analyst whose responsibilities include preparing loan portfolio reports and sending investor reporting information
Requirements:
Applicants should have the following qualifications:
• Bachelor’s Degree required with Master’s Degree in finance, business administration public administration or similar field preferred;
• Minimum 5 years work related experience in cash management, treasury operations and compliance reporting; non-profit experience preferred;
• Sound financial and analytical skills, excellent judgment, and a strong operational focus;
• Outstanding written and verbal communication skills with the ability to present ideas succinctly and in a compelling fashion;
• Creative and decisive professional with a self-starting orientation and a roll up the sleeves attitude who knows how to balance tactical and strategic issues;
• Ability to prioritize and handle multiple tasks;
• Experience supervising, managing and coaching staff is required;
• Must have prior experience working with a treasury management portal, experience using J.P. Morgan Access preferred;
• Strong computer skills, highly proficient use of Microsoft Excel spreadsheets;
• Excellent interpersonal skills and a team-player;
• High ethical standards and keen attention to detail.
Compensation:
LISC offers a competitive salary and excellent benefits.
How to Apply:
To apply, please email your cover letter and resume to cbranker@lisc.org and use the subject line, “Director of Treasury”.
LISC IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO
DIVERSITY, EQUITY, INCLUSION AND JUSTICE
Background:
Confluence Philanthropy is a non-profit, membership-based network with a mission to transform the practice of investing by aligning capital with our community’s values of sustainability, equity, and justice.
Members include private, public and community foundations; family offices; individual donors; and their values-aligned investment advisors representing over $3.5T in managed capital. Our members are committed to full values-alignment across all asset classes in their portfolios when prudent and feasible. Based in the U.S., Europe, Canada, Latin America, and East Africa, Confluence members collectively invest around the world.
Position Summary:
The Development & Communications Director is an exceptional professional writer who is motivated by a competitive funding environment with the support of a highly engaged team. Applicants with a background in philanthropy, fundraising, values-aligned investing, and climate finance would be well suited to this position. This high-performing leader must easily grasp complex program concepts and use creativity to develop and execute communication strategies across multiple types of media, all with careful attention to detail and deadlines.
Responsibilities:
Fundraising (60% time)
Grant Writing: Work closely with the development and program teams to develop and submit funding requests, including grants and sponsorships. Conduct topical research and collaborate with a range of partners, members and external organizations to create winning proposals.
Reporting: Create the organization’s annual report, grant reports and other marketing materials. Generate content using compelling member stories, data, infographics and other information provided by our program staff.
Development Planning: Lead the Program Team to devise and implement annual fundraising plans and appeals.
Communications (40% time)
External Marketing: Design, develop and disseminate print and online materials to promote Confluence’s brand and mission. Examples include writing and editing publication-ready thought leadership content, press releases, website content and blog posts, and event promos and mailings. Coordinate with marketing partners to execute visibility campaigns for Confluence and its initiatives. Develop and nurture relationships with journalists and media outlets covering the investment community.
Social Media: Implement and manage the social media strategy and presence for Confluence programs and events, including coordinating and organizing content from members and staff.
Requirements:
Degree in business, marketing, communications, or equivalent experience, graduate-level degree preferred.
Demonstrated interest in environmental and social investing and/or innovations in the philanthropic, social enterprise, and non-profit sectors.
Fundraising and marketing experience in impact investing or related field desired.
Strong written and oral communication skills.
Ability to organize ideas, synthesize information and turn objectives and messages into compelling and succinct narratives for philanthropic support.
Passionate about the use of technology in marketing and communication, and facility with social media platforms required.
Design experience (Adobe Suite) a plus.
Ability to manage multiple projects simultaneously. Displays exceptional time-management as needed for meeting deadlines.
Attention to detail, highly organized, efficient, with a self-directed work style.
Ability to perform well under pressure, with patience and a sense of humor.
Compensation:
$90,000 - $100,000 plus full-time benefits including healthcare and retirement
How to Apply:
Please send your resume, a cover letter, 3 professional writing samples, and 3 professional references to: David Estrada via email: david (at) confluencephilanthropy.org
Background:
The mission of First American Capital Corporation, Inc. (FACC) is to perform economic development activities that benefit Wisconsin’s Indian Country and other underserved/disadvantaged populations by increasing access to capital in the form of business loans, providing technical assistance services that strengthen the skills of entrepreneurs, and by advocating for Native owned businesses to create new business opportunities, both on and off the reservations. Formed in 2002, the FACC first became a certified Native Community Development Financial Institution (CDFI) in 2004, and a SBA Microlender in 2007. The FACC manages a state-wide service area of all 72 counties in Wisconsin, with headquarters located in Milwaukee County, and our Northern Office located on the Lac du Flambeau Band of Lake Superior Chippewa reservation. The FACC has developed and participants in a variety of industry collaborations including working in cooperation with the other three certified Native CDFI as the Wisconsin Indian Business Alliance.
Position Summary:
As the result of FACC’s organizational growth, we are seeking an experienced, Business Technical Assistance Associate to join our team. This position will facilitate the implementation and delivery of FACC’s Technical Assistance (TA) program by working directly and indirectly with clients – e.g. from pre-loan application to post-loan closing, through the loan terms – to provide structured, relevant and results driven technical assistance. The Client Development Team partners internally with the Lending Team to support the simultaneous achievement of lending and achieving client development goals. As an organization committed to diversity, justice and inclusion, a well-qualified individual will have proven experience working with diverse businesses at varying stages of development. Under normal circumstances, travel throughout the state is required and will resume when it is determined to be safe to meet with our clients and stakeholders in person. Technologies for remote worksite options, virtual client engagement and TA delivery are available.
Responsibilities:
• Provide assessments and responsive guidance to prospective and existing FACC borrowers on issues related to small business management such as marketing, bookkeeping, financial strategy,
and cash flow management. Assist new and existing borrowers with business plan development, cash management and financial projections.
• Identify and provide access to appropriate resources and systems for business clients to help them manage, build capacity and grow their businesses.
• During monthly check-ins, review clients’ management reporting systems including monthly financial statements, cash flow reports, and projections/forecasting for the purpose of improving
opportunities for success and mitigating risks.
• During borrowers’ annual reviews, provide in-depth and comprehensive assessments of key performance indicator metrics and progress towards qualifying for the credit standards of commercial
banks.
• Develop, and manage individualized FACC client business capacity building work plans, designed to establish TA goals/objectives and monitor progress and impact of FACC TA delivery.
• Collect, manage, analyze and report out on individual and aggregate client TA outcomes and impacts data.
• Develop and present programs, training, and guidance in a clear and understandable manner.
• Possess exceptional communication skills with the ability to serve as a positive and visible representative of the organization with a variety of stakeholders.
Requirements:
• Prior work experience in nonprofit or community development, finance, small business or related work is preferred. Experience in or a working knowledge of the Community Development Financial Institution (CDFI) industry is highly desirable.
• Working knowledge of small business/entrepreneurship and/or contacts within the small business community is a plus.
• Excellent verbal and written communication skills, to include presentation and public speaking skills.
• Excellent interpersonal and financial analytical skills.
• Ability to work in a team environment, with clientele of wide-ranging ethnicities, education level, socioeconomic status.
• Possess sound judgement, effective decision making, customer service, and conflict resolution skills.
• Must have reliable transportation for travel when conditions allow.
• Ability to self-manage, coordinate complex activities, and prioritize conflicting demands and deadlines.
• Strong computer skills are necessary, with an advanced knowledge of the Microsoft Office platform.
• Bachelor’s degree in business/economic development related fields preferred. Advanced degrees a plus. If applicant does not have a bachelor’s degree, other relevant training, certifications and
work experience will be considered.
Compensation:
Salary: Commensurate with Experience
How to Apply:
Please email resume and cover letter with the subject line “FACC Business Technical Assistance Associate” to careers@aiccw-facc.org
No phone calls please.
First American Capital Corporation, Inc. is an Equal Opportunity Provider & Employer
Background:
The Black AIDS Institute (BAI), the only uniquely and unapologetically Black HIV think and do tank in America, seeks its first Director of Operations to strengthen the organization’s internal management and enhance its capacity to achieve its goal of providing high-quality, direct HIV services to Black people.
The Organization
The mission of BAI is to stop the AIDS epidemic in Black communities by engaging and mobilizing Black institutions and individuals to confront HIV. BAI envisions a world where all Black people are free and flourishing without HIV and AIDS, free of stigma and shame, where Black health and well-being are paramount.
Founded in 1999 by a Black gay man living with HIV, a Black gay doctor, and a Black lesbian doctor to mobilize and educate Black Americans about HIV/AIDS treatment and care, BAI dedicates itself to ending the HIV/AIDS epidemic in the Black community. BAI believes in complete freedom for Black people by eradicating systemic oppression to live long, healthy lives. With a foundation in advocacy and policy work, BAI works towards improving the health and wellness of Black people through research, community efforts, and clinical work.
Areas of Impact
BAI grounds its work in Black leaders and communities across the country. Recognizing that health justice is racial and social justice, BAI is deeply committed to exposing the systems and roots of oppression that marginalize Black people and exacerbate their health burden. BAI's programs and work fall across the following four segments:
• Advocacy and Mobilization: BAI facilitates The Black Treatment Advocates Network (BTAN), a national network of local chapters and stakeholders who mobilize Black communities across the country to confront HIV. BAI provides technical assistance to each BTAN chapter through content development and provision, guidance on community building and mobilization, and leadership development.
• Black-centric Healthcare: BAI and St. John’s Well Child and Family Clinic partner together to run A Clinic For Us (ACFU) in BAI’s headquarters of Los Angeles, CA. ACFU provides access to primary and specialty, HIV biomedical prevention, and care services. This includes healthcare by certified medical providers, diagnostics, referrals, and pharmaceuticals as well as dental and Integrated Behavioral Health services supported by proactive community outreach, linkage to care and essential services, HIV testing, and counseling.
• Training and Capacity Building: BAI provides trainings and capacity building assistance to healthcare organizations, community-based organizations, and health departments that serve and work with Black communities. This assistance centers on racial health disparities and the effect they have on HIV prevention and care.
• Information Dissemination: BAI develops unique content related to HIV and Black Americans in the U.S. BAI combines its annual state of AIDS reports, social media, Black media, and traditional media outlets to reduce stigma and increase awareness of how we can end HIV.
Governed by a 12-member board of directors, BAI operates with 23 full-time staff and a budget of $4.3M comprised of corporate funding, government funding, event income, and foundation grants. BAI is projected to operate with a staff of 50 and a budget of $5.6M by the end of 2021. Raniyah Copeland serves as BAI’s President & CEO after succeeding the organization’s Founder & CEO, Phill Wilson, in 2019, having previously served BAI in numerous programmatic roles since 2008.
Recent Accomplishments
Since 2019, BAI has:
• Doubled its budget from $2.5M to over $4M projected by the end of 2020, increasing its capacity to hire more staff and enhance operations.
• Expanded to the Southeast states by acquiring office space in Atlanta and hiring seven Southeast-based staff.
• Gained funding from the University of California as a California Research Policy Center that focuses on ‘rapid responses’ of short-term research projects designed to quickly address questions that emerge in a dynamic health policy environment. BAI’s Research Center expands the HIV policy discourse and evidence base to respond to socio-structural factors driving HIV disparities in California.
• Partnered with the COVID Vaccine Prevention Network (CoVPN) to advance efforts to respond to COVID in Black communities, an initiative that merges HIV Vaccine and Prevention Trials Networks with the Infectious Diseases Clinical Research Consortium and AIDS Clinical Trials Group.
• Appointed a 12-member all-Black Scientific Advisory Committee to advise BAI’s biomedical research programming.
• Expanded A Clinic For Us (ACFU), in partnership with St. John’s Well Child and Family Clinic in BAI’s headquarters of Los Angeles, CA. ACFU has expanded to provide access to HIV biomedical prevention and care services to over 3,000 Black, Latino, and other under-served Angelinos annually.
Strategic Priorities
BAI’s strategic plan outlines the following long-term goals the organization sets out to achieve:
• High-impact prevention information and services are available and accessible to all Black Americans at risk of HIV.
• Black Americans know their HIV status.
• Black Americans living with HIV/AIDS are virally suppressed and receive care and support services in their local community.
• Black Americans understand HIV and support people living with HIV/AIDS.
• Appropriate policies are in place to support those living with HIV, and political decision-makers are actively responding to the epidemic.
For more information on the organization, please visit https://blackaids.org/ .
Position Summary:
The Director of Operations will serve as a thought partner to the CEO and the executive leadership, providing leadership inside the organization to support infrastructure and continued growth. The Director of Operations oversees four departments including: Human Resources, Administration, Information Technology, and Organizational Culture.
Responsibilities:
In coordination with department directors and managers across BAI, The Director of Operations will:
Internal Operations
• Lead collaboration to build systems to continue growth and sustainability of core business units and operations.
• Innovate an approach to ensure accurate, timely, and responsive implementation of operations services and processes.
• Interpret business operations information and communicate them effectively across the organization.
• Oversee facilities maintenance, management, and vendor contracts.
• Serve as a thought partner for IT, leading the integrated strategy across the organization.
• Conduct risk assessment processes and mitigation to ensure a positive risk assessment
• Maintain and improve consistency of culture
• Manage consultants and cross functional teams that focus on enhancing BAI organizational culture.
Compliance and Quality Assurance
• Direct and ensure compliance with all licensing, certification and accreditation processes.
• Seek and facilitate continuous improvements in quality standards, professionalism, and performance efficiencies within all service lines.
• Ensure compliance with local laws and regulations.
• Manage operational policies, audits and procedures.
Finances
• Strategize with the Director of Finance on a business model to fund a growing organization as BAI continues to increase its resource capacity.
• Collaborate with the Director of Finance to prepare and modify department budgets, ensuring positive financial performance across all areas of service, and to manage the annual budgeting and planning process.
• Serve as organizational authorized signer for finance accounts, sign checks, make bank deposits, and complete wire transfers.
• Develop and update, on an annual basis, the financial projections in conjunction with the annual budgeting cycle.
• Establish an evaluation and planning process for new business development opportunities.
Human Resources
• Oversee the development and execution of an organization-wide human resources strategy.
• Develop and maintain standardized HR processes for hiring, training, onboarding, departures, and evaluation processes. Actively work with managers to identify strategic hiring opportunities that will support and grow advocacy work.
• Manage BAI’s processes for employee relations by developing communications and soft skills training to improve communication and counseling managers and staff to identify areas of differences and potential improvement.
• Lead HR-related projects that address BAI’s strategic priorities and other projects that arise.
• Coordinate all aspects of benefits administration, including open enrollment, compliance reporting, budgeting, and selection of additional options for employees.
• Interpret personnel policies and procedures to staff on an ongoing basis and revise personnel manual updates at least annually.
• Serve as liaison with outsourced payroll company to collect staff timesheets, report biweekly payroll and compete and submit tax forms for new hires that reside out of state
Facilities
• Oversee facility maintenance.
• Ensure security and emergency preparedness procedures are implemented properly.
• Ensure that the facility is clean and maintained according to company policy and procedures.
• Manage and review service contracts.
• Conduct and document regular facilities inspections.
• Check completed work by vendors and contractors.
• Oversee and approve, and recommend maintenance, mechanical, electrical, and facility design modifications.
• Communicate workplace safety precautions to employees.
Requirements:
Ideal candidates for this position will believe in and live BAI’s values of Black empowerment, equity, impact, self-determination, and integrity. They will bring a variety of experiences and attributes to BAI, including:
• Demonstrated commitment to BAI’s mission and experience and passion for serving Black and brown communities.
• Knowledge of the regulations, funding structures, and infrastructure for health care delivery organizations; experience with a Federally Qualified Health Center (FQHC) or other providers that receive Health Resources and Services Administration (HRSA) funding.
• Entrepreneurial mindset; ability to thrive in ambiguity and lead through change management.
• Strong nonprofit and business acumen; proven track record of advancing operations processes to achieve business results and drive organizational mission.
• Track record of success leading finance, facilities, information technology, data integration, risk mitigation/compliance, and administrative functions.
• Experience managing a budget of similar size to BAI’s and with facilitating a growing budget and infrastructure.
• Financial reporting capabilities which include interpreting financial statements, budgeting, and cash management.
• Comprehensive understanding of local, state and federal employment laws.
• Attention to detail and commitment to producing high quality, accurate work.
• Demonstrated ability to meet deadlines as needs of the organization change and the complexity of the information grows.
• Ability to analyze data and interpret how it can better inform, evaluate, and improve current work; an understanding of the organization’s operations beyond this position to identify how different programs, people, and departments fit together to advance BAI’s goals and mission.
• Masterful communication skills; an exceptional writer and excellent listener with strong ability to build trust among a wide range of constituents.
• Strong leadership with exceptional management skills; proven effective management of staff, teams, and department.
• Demonstrated team building and conflict resolution experience.
• Strong emotional intelligence skills.
• Experience problem solving in a rapidly changing, complex environment.
• Demonstrated ability to support, enhance, and develop desired changes in organizational culture.
• Humility and a shared leadership style; willingness to collaborate with other organization directors.
• At least 7 years of business management experience across a range of business disciplines, preferably in human service delivery.
This position is based in BAI’s Los Angeles office.
Compensation:
How to Apply:
To apply, upload resume, cover letter, and salary requirements by clicking here: https://curawebservices.mindscope.com/RAFFA04463_CURA/Aspx/form.aspx?lan...
For other inquiries, contact Adrienne O’Rourke at adrienne.orourke@marcumllp.com. Resume reviews begin immediately.
BAI provides equal employment opportunities without regard to race, color, ethnicity, religion, sex, pregnancy or recent childbirth or related medical condition, gender identity and expression, sexual orientation, national origin, ancestry, age, disability, the use of a guide or support animal because of blindness, deafness or physical handicap of any individual, citizenship, veteran or military status, genetic information, marital status, familial status, domestic or sexual violence victim status, possession of a GED instead of a high school diploma, or any other protected characteristic under applicable federal, state or local laws.
About Raffa – Marcum’s Nonprofit & Social Sector Group
On behalf of BAI, Raffa – Marcum’s Nonprofit & Social Sector Group is working with the CEO 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 companies like BAI. Learn more about our work at http://marcumllp.com/industries/nonprofit-social-sector.
Background:
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access creating anchors that attract investment over the long term and help families lead healthier, more productive lives.
Reinvestment Fund's investment program is unique in its range of expertise and approaches to financing. In addition to our core commercial lending activities, Reinvestment Fund also manages initiatives with the support of local or national foundations, and state, local and federal public agencies and governments.
Position Summary:
Reinvestment Fund is currently hiring a Managing Director, Credit within the lending and investment department. This individual will be responsible for overseeing the organization’s Credit function, including maintenance, execution and communication of loan policy, management of the loan approval process, and oversight of portfolio quality. This individual will work directly with lenders to advise them on loan structuring, key risks, and other credit matters to ensure that loans are underwritten in a consistent manner and in accordance with policy. It is anticipated that this position will have staff management responsibilities. This position is part of a team of high capacity professionals tasked with meeting the needs of our high mission borrowers in a fiscally responsible manner. The Managing Director, Credit reports to Reinvestment Fund’s Chief Investment Officer.
While Reinvestment Fund’s Philadelphia office is closed for social distancing, the individual will be expected to work remotely.
Responsibilities:
Credit Management
• Exercise oversight of lending risk management: maintain loan policy and ensure that all relevant policies, procedures, internal controls and processes are kept up-to-date, are well communicated and consistently applied. Regularly evaluate for sufficiency and accuracy.
• Provide assistance, direction and coaching to lending staff on underwriting, loan structuring and other credit matters.
• Review loan term sheets to assess appropriateness of terms being offered and to facilitate early identification and triaging of potential underwriting issues.
• Review credits to assess adequacy of analysis provided and to ensure loans are underwritten and structured in accordance with loan policy.
• Manage loan approval process: manage credit committee schedule, distribute meeting materials, ensure that loans are approved under the appropriate credit approval authority, and ensure that evidence of approvals are accurately documented.
Portfolio Management
• Establish goals and schedule for annual portfolio review work plan.
• In coordination with Lending leadership team, lead process to ensure ongoing high-quality assessment of portfolio performance and consistency in risk assessment, identify areas of portfolio risk, and incorporate portfolio performance feedback into ongoing underwriting.
• Participate in monthly Criticized Assets meeting and inform strategy for troubled loans.
• Manage loan modification and extension process for timely approval and documentation; ensure that sufficient analysis is completed to identify changes to risk profile resulting from modification or extension.
Department Planning & Capacity-Building
• Serve as an integral member of the department’s leadership team and develop strong relationships with internal partners.
• Contribute to the development of long-range plans, including strategies, processes, and initiatives that support the Investment department’s long-term growth and profitability.
• In coordination with Lending leadership, identify staff training needs and coordinate group training sessions.
Requirements:
Qualified candidates will have financial industry background, experience in commercial loan underwriting and a demonstrated affinity for systems and continued process improvement. He or she will be detail-oriented as well as attendant to the broad scope of Reinvestment Fund’s mission and needs. While Reinvestment Fund is observing social distancing, candidate must be able to work remotely (laptop computer to be provided).
KNOWLEDGE:
• Minimum Bachelor’s degree, Master’s degree preferred.
• Minimum of 7 years of experience in the financial industry, with direct experience in underwriting.
• Strong preference for candidates with relevant experience in managing staff members and/or in leadership positions with increasing responsibility.
SKILLS:
• Must be highly organized and detail oriented with demonstrated ability to prioritize and complete conflicting deliverables on-time.
• Strong understanding of financial analysis, cashflows, loan structuring and collateral valuation.
• Can balance day-to-day functions with “big picture” perspective.
• Excellent problem solving skills.
• Must be an effective communicator to a diverse audience.
• Proficiency in Word, Excel, PowerPoint at a minimum.
• Familiarity with Salesforce, Sharepoint, Agresso or other relevant software
Compensation:
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care and transportation), tuition reimbursement, paid time off, and EAP program.
How to Apply:
Please complete the online application form at www.reinvestment.com/careers and attach your resume and a cover letter.
Reinvestment Fund uses E-Verify to validate all new hires' ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. We do not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disability, or status as a veteran. Minority candidates are strongly encouraged to apply. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.
Background:
The COVID crisis and the uprising for racial justice have shone national light on both the urgent work required to build a more just and vibrant society for all Americans and the potential for positive action when our communities mobilize. We have also celebrated the “heroes”, who primarily work in nonprofits delivering essential services like affordable housing, social justice advocacy, health, youth development, to the arts. Yet these nonprofits continue to rely on a flawed, inequitable funding system that often impedes their ability to make a difference. Nonprofit Finance Fund is setting out to change that. We are a nonprofit lender, consultant, and advocate with 40 years of experience committed to reforming the nonprofit funding system. We know that financial knowledge and access to appropriate lending products are power for nonprofit leaders. We are now evolving our strategy to focus on helping to shift funding and financing practices so more money flows equitably and with less restriction to community-centered organizations led by and/or serving people of color.
Position Summary:
The Financial Services business unit is seeking to hire a Senior Loan Officer. The Senior Loan Officer will play a central role in the growth and expansion of NFF’s financing business nationally and serve as NFF’s charter school market leader. They will structure, underwrite, and close loans and New Markets Tax Credit (NMTC) transactions, working closely with other members of the Financial Services team to ensure NFF is deploying needed capital in a timely and expeditious manner. Primary responsibilities include: identifying viable opportunities, proposing appropriate structures and issuing term sheets, managing the collection and analysis of client and project due diligence; analyzing financial spreads; underwriting working and real estate loans, including NMTC allocation and leverage loans; preparing documents for approval; presenting proposals to credit committees; and assisting with closings. The Senior Loan Officer will partner internally to support meeting budgeted goals, contribute to process improvements, develop networks, maintain knowledge of the charter school sector, and help ensure NFF’s financing is aligned with its mission and strategy.
Qualified candidates will bring substantial experience, knowledge, and relationships in the charter school sector. Candidates will be energized by our strategy and have experience supporting community-centered nonprofits led by and serving people of color. The Senior Loan Officer will be a strong communicator and relationship builder with the ability to forge deep community relationships and supporting organizations as projects and financings move forward.
This position can be based out of any one of NFF’s office locations which are in Boston, Los Angeles, New York, Oakland, and Philadelphia. Though we are currently working remotely and will not require attendance in any office until 2021 at the earliest.
The Senior Loan Officer will report to the Director, Underwriting.
Responsibilities:
Loan and NMTC Originations
Engage with clients, actively seeking to understand customers’ circumstances, expectations, and needs, and developing financing solutions to meet those needs.
Participate in business development activities, including early-stage client visits, meetings with lending partners, and conversations and attendance at external events.
Serve as NFF’s charter school market leader, focused on building a pipeline of viable loan and NMTC investment opportunities.
Prepare triage memos for internal discussion, and issue term sheets to prospective clients.
Collect and manage due diligence, underwrite, and structure transactions within appropriate and relevant credit policy guidelines and in a timely manner. Work with borrowers through all stages of the financing process.
Prepare and present proposals to credit committees for approval.
Manage closings, including drafting commitment letters and reviewing closing diligence and legal documents for consistency with key business terms.
Client and Partner Relationship Management
Support borrowers as transactions move through intake, underwriting, and closing, serving as a primary point of contact.
Maintain strong relationships with current and future borrowers, NMTC consultants, and other financing partners.
Charter School Market Leader
Oversee the deployment of NFF’s Department of Education charter school credit enhancement award.
Develop, maintain, and share knowledge of the charter school sector by attending conferences and maintaining relationships with key stakeholders, among other ways.
Develop and use knowledge of clients and markets to identify evolving trends and risks in NFF’s core geographies (NYC, LA, Bay Area, Philadelphia, Memphis) as well as in new expansion areas.
Identify market gaps and opportunities for NFF to increase community impact and meet financial goals.
Requirements:
Essential Requirements for Education and/or Experience:
Bachelor’s degree or equivalent experience required.
A minimum of 7-10 years of professional experience primarily in commercial credit or real estate financing, including a minimum of 2 years structuring and closing New Markets Tax Credit investments.
Substantial knowledge of and interest in charter schools.
Excellent analytical skills, including the ability to identify and assess risk and analyze and understand financial statements.
Strong interpersonal and communication skills, both written and verbal.
Demonstrated ability to build, manage, and deepen client relationships.
Ability to relate to diverse constituencies.
Keen attention to detail.
Solutions-based mindset and approach.
An entrepreneurial work ethic, including openness to learning new skills and systems and the ability to take initiative for independent learning and quickly develop a deep knowledge of a particular market or area.
Ability to exhibit calm under pressure.
Demonstrated ability to take on increased responsibility over time.
Ability and willingness to travel to work with staff and meet with applicants, borrowers, and stakeholders.
Strong time management, multi-tasking, and organizational skills, with an ability to coordinate complex activities and prioritize conflicting demands and deadlines.
Results-oriented individual with the ability to work independently, as well as collaborate with a close-knit group.
Specialized Knowledge/Beneficial Skills and Experience:
Market knowledge and relationships in one or more of NFF’s core lending markets (NYC, LA, Bay Area, Philadelphia, Memphis).
Experience in NFF’s core sectors other than charter schools (community health centers, human services, homelessness, and supportive housing).
Project management experience overseeing budgets, goals, staff, and clients.
Compensation:
At NFF, we are invested in discussing the depth and breadth of each candidate’s background and experience during the interview process and using that information to determine the best offer. The salary range for this position begins at $101,000. NFF also provides an attractive benefits package that includes health insurance, retirement plan, paid time off, standard holidays, and commuter benefits.
How to Apply:
Apply directly here: https://nonprofitfinancefund.applytojob.com/apply/DfMWecQ3X4/Senior-Loan...
