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

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

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.org. Submissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Executive Director Sacramento Housing Alliance
Sacramento, CA
Job Function: Fundraising
Posted: August 9, 2019

Background:

Our Mission — Sacramento Housing Alliance advocates for safe, stable, accessible and affordable homes in
the Sacramento region. SHA builds healthy communities through education, leadership, and policy change.

Founded in 1989, the Sacramento Housing Alliance (SHA) is the leading voice for housing justice in the Sacramento region. SHA works toward its mission through advocacy, coalition building and education, with a focus on housing policies that result in housing affordability and protections for people at the lowest incomes. SHA is supported by members that include affordable housing developers; homeless service agencies; legal services; health and environmental justice, social and racial equity, and other housing justice advocates.
The actively engaged 16-member board of directors consists of local, regional and state experts in affordable housing development, land use and housing policy, homelessness, renters’ rights and other policy and program areas that affect housing affordability.

In addition to overseeing the administrative and day to day functions of the organization, the Executive Director will have primary responsibility for expanding SHA’s revenue base to support operations and priority programs. Fundraising will include obtaining new foundation grants, increasing corporate charitable giving and sponsorships, and increasing organizational memberships and individual donations.

Current Year Organizational Priorities
*Produce the Fifth Annual Regional Affordable Housing Summit in December 2019;
*Advocate for SHA’s position on the use of City of Sacramento Measure U funds for affordable housing;
*Develop educational materials for community organizations and local governments on housing element development and best practice programs to include in housing elements; and
*Work in collaboration with the Sacramento Building Healthy Communities coalition to advance equity strategies and advocate for investment without displacement in South Sacramento.
Overview

Position Summary:

The Executive Director is the chief executive, raising revenue, providing effective financial and organizational management, and serving as a visible and effective spokesperson for SHA. Under the supervision of the board of directors, the ED is responsible for all aspects of operations; supervising employees; and leading all fundraising efforts, including sponsorship of SHA’s Annual Affordable Housing Summit. The ED will support the board in directing programs; developing member services and stakeholder engagement strategies; communications; and creating a motivational and collaborative working environment for staff and volunteers. Housing policy recommendations and advocacy are led by the Board of Directors and its committees, supported by SHA’s Policy Director.

Responsibilities:

Fundraising
Expanding the revenue base for the organization is a priority of the position.
• Lead fundraising activities and support the work of the SHA Board’s Fundraising Committee; work collaboratively with the Committee in establishing an annual fundraising plan.
• Grow SHA’s organizational membership base and sponsorship support of annual Sacramento Regional Affordable Housing Summit.
• Seek out new funding sources and write grant proposals for programs approved by Board of Directors.
• Establish and maintain strong relationships with organizational, corporate, foundation and individual donors, including sending out timely acknowledgements of financial and in-kind contributions.
• Ensure that grant obligations are carried out in an effective manner and that reports to funders are timely and accurate.

Communications and Community Relations
• Deliver presentations to community groups and engage in public relations and education activities and involve Board members and SHA organizational members in these presentations and activities.
• Plan and oversee annual Sacramento Regional Affordable Housing Summit in collaboration with the Summit Planning Committee.
• Ensure that SHA’s affordable housing bus tours highlight member priorities, run smoothly and effectively convey the value and benefit of publicly supported affordable housing.
• Develop and maintain strong working relationships with public agency staff, elected officials, ally organizations and businesses.
• Communicate the need for affordable housing policies and priorities.
• Support the board in developing an annual media and communications strategy to advance the organization’s goals.
• Serve as one of SHA’s lead media spokespersons for print and broadcast media and involve board members as appropriate.
• Create strategic alliances and work across affordable housing, homelessness, racial and social justice, labor, health, environmental, land use, transportation and other sectors.
• Maintain and strengthen relationships with SHA member organizations. Develop strategies to support and encourage member participation in SHA activities.
• Recruit volunteers for advocacy, fundraising and other organizational activities.
• Ensure that SHA produces a bi-weekly e-newsletter and periodic action alerts and review final drafts before publication.
• Monitor SHA’s social media and website for timeliness, relevance and consistency of messaging and content.

Advocacy and Policy
Oversee SHA Policy Director’s work in the following areas:
*Collaboration with board to develop strategies and advocacy efforts that promote government engagement and
action.
• Development of housing policy positions with input from board of directors.
• Preparation of policy papers and briefs requested by board of directors describing housing needs and conditions and recommendations for action.
• Engagement of board members and SHA organizational members in providing testimony at public hearings, at events, and in other public meetings.
• Monitoring of impacts of local and regional policies related to affordable housing and land use.
• Leading locally on statewide policy and advocacy initiatives driven by SHA’s statewide partner organization, engaging board members and SHA organizational members.

Financial Oversight
• Support Finance Committee in the preparation of annual budget and monthly cash flow projections.
• Provide oversight of revenue, expenses and payables, and monitor the work of the contract accountant.
• Meet monthly with the Finance Committee to conduct financial review.
• Work with SHA’s certified public accountant/auditor to complete annual audit preparation.

Management and Supervision
• Provide motivational staff management and professional development.
• Ensure that SHA operations and programs are well-administered.
• Provide oversight, evaluation and supervision of staff and programs.
• Ensure adequate maintenance of database systems for effective information management including membership and contributions tracking.
• Ensure the organization complies with employment, tax, and other applicable laws.
• Support the board of directors in the development and maintenance of regularly updated personnel policies.
• Other administrative tasks as needed.

Board Relations
• Serve as primary staff contact for the Board of Directors.
• Work with the chair of the board to set the board agenda.
• Support the Board of Directors in recruiting and orienting new board members and maintaining board membership.
• Support the Board in Board development and continually improving Board Governance.
• Report to board of directors about activities of the organization and ensure they have adequate information to make decisions.
• Lead board and staff in development of strategic and operational planning and engage consultants as appropriate.
• Work with the board Chair to engage board of directors in working collaboratively.
• Encourage and support board member involvement in fundraising.

Requirements:

Required Skills/Experience/Values
• Strong belief in the need for and value of permanently affordable housing and an understanding of the factors contributing to the housing crisis.
• Fundraising competency as judged by success in raising funds through large foundation grants, individual solicitation and corporate contributions. Enthusiasm for increasing the revenue base of SHA and leading organizational fundraising efforts.
• Exceptional verbal and written communication skills.
• Exceptional interpersonal skills.
• Ability to excel in a fast-paced environment and adapt quickly to change.
• Ability to work collaboratively with a wide range of people – elected officials, advocates, people experiencing homelessness, and others.
• Ability to maintain strong relationships with government officials, while simultaneously holding them accountable.
• Ability to negotiate and compromise with people who have divergent views.
• Experience working in diverse communities.
• A deep commitment to fair housing and expanding the inventory of affordable housing for the lowest income households.
• An understanding of institutional racism and unconscious bias and how land use and housing inequities have developed out of structural racism.
• A belief that the public sector has a regulatory role to play in protecting renters, providing housing for people experiencing homelessness, and facilitating and financing the development of affordable housing.

Preferred Skills/Experience
• Experience working in the field of affordable housing development or affordable housing policy.
• Experience leading a nonprofit.
• Experience working across industry sectors and/or developing and leading coalitions.
• Existing relationships with community organizations, elected officials and charitable funders in Sacramento.

Compensation:

Salary and Benefits: This is a full-time salaried position with medical and dental plan, retirement account contribution, and competitive vacation and sick leave. Salary depends on experience. Candidates meeting both the required experience will command a salary of $90,000. Salary range is $75,000 - $90,000.

How to Apply:

Please submit a resume, cover letter and contact information for a minimum of three references, including previous employers to Apply@sachousingalliance.org.

Financial Stability Director SNAP
spokane, WA
Job Function: Financial Services
Posted: August 8, 2019

Background:

Are you ready for the chance to be a part of a thriving, dynamic local organization that helps nearly 50,000 people gain the tools to exit poverty each year?

THE COMPANY:
SNAP has served Spokane for over 50 years, acting as a resource for 1-in-10 Spokane County neighbors. Working for SNAP gives you the opportunity to serve your community while working for a stable company with excellent benefits.

 Turnover rate is exceptionally low at only 4%. Several SNAP staff have worked here until retirement – over 30 years for some!
 Employees are happy at SNAP – 93% of employees report that SNAP is a good place to work
 Have pride in your job – 93% of employees are proud to work at SNAP
 Better Business Bureau-certified charity

THE PERKS:
Join SNAP’s inviting workplace culture as you grow your career.

 Excellent benefits that include medical, dental, life, LTD, and a 403(b) retirement program
 10 paid holidays per year
 1 paid personal day per quarter
 2 weeks paid vacation
 10 days of paid sick leave per year
 Compassionate culture where your success is cultivated and encouraged
 Excellent growth and advancement opportunities
 Training opportunities

Position Summary:

Position Summary: Manages all aspects of SNAP’s Financial Stability Core and its programs including business development, housing counseling and financial services to help low- and moderate-income people become more self-sufficient and build and retain assets. Obtains funding and manages budget, designs program activities, supervises staff, markets programs and serves as contributing member of agency level executive leadership team Advocates per agency policies, for low-income and vulnerable people at local, state, regional, and national levels.

Responsibilities:

Principle Duties and Responsibilities:

1. In partnership with Financial Stability staff, manages multiple programs, including: Business Development, Women’s Business Center, Individual Development Accounts (IDA), Homeownership, Foreclosure Prevention, Vehicle Emission Repair Program (VERP), Financial Services programs, liaison to the Single Family Rehab program in SNAP’s Housing Services Core, Housing Development and other internal and external programs as may be assigned or developed.

2. Selects, trains, supports, supervises, and evaluates assigned staff. Ensures team members receive job-related orientation and training.

3. Establishes clear expectations for performance, supports employee development, and holds employees accountable for their work performance, processes and results.

4. Fosters a positive and productive work culture at the agency wide level and within the Financial Stability Core characterized by reinforcing and living SNAP’s stated values of community respect and justice, open communication, expectations of excellence, and adaptability to change.

5. Researches models of successful financial stability programs, CDFI’s and related activities, drawing components that have potential for success in the Spokane community. Plans and develops new programs that help low income people increase their economic self-sufficiency.

6. Develops and maintains partnerships with individuals and institutions with shared financial stability and economic development outcomes all the while understanding that partners and donors to SNAP and SNAP Financial Access are a shared resource amongst all agency programs. Routine contact with SNAP’s Communication and Fundraising Team is essential to ensuring the long-term continuity and equitable allocation of donor partners.

7. Along with Department leads, develop program and Core budgets, research and obtains resources needed to support programmatic and administrative activities. Develops and implements strategies for funding.

8. Along with Department leads and agency Mission Support staff, completes various grant and loan applications for funding as well as efforts to grow lending capital.

9. Manages complex budget with multiple funding sources and requirements; ensures expenditures are within approved budget, updates budget projections quarterly and authorizes purchases within Agency policies and procedures.

10. Reviews Core contracts and ensures compliance; completes required reports. Acts as liaison between SNAP and contracting agencies.

11. Works with SNAP Reports and Outcomes Manager to make sure data is accurate, outcomes are clear and consistent.

12. Create and maintain job specific “lotto” book detailing positions day-to-day responsibilities. Ensure that staff within the Financial Stability core also creates and maintains these books as well as required contract notebooks.

13. Establishes and maintains productive working relationships with Federal, state, and local government officials, community representatives, and other service providers.

14. Responsible for the oversight of business and mortgage loan funds and oversees lending decisions consistent with Board adopted loan policies.

15. Evaluates programs and prepares outcome reports.

16. Conducts monthly salary allocations to ensure that staffing and budgets are spent appropriately and advantageously. Reviews monthly financial statements and corrects any errors in a timely manner.

17. In partnership with agency Communications and Fundraising Team, coordinate marketing activities for financial stability programs.

18. Know, supports, and ensures staff understands and comply with agency and program policies and procedures, and regulations within which the agency must work. Keeps staff informed of agency information, such as events, policy/procedure changes, etc., on a timely basis. Serve a communication link and champion between agency Executive Team, SPRITE and Core level staff.

19. Supports agency education, promotion, and fund raising and education efforts by participating in planning, promoting, and implementing events. Represents SNAP on appropriate community committees and boards, and with the media when authorized.

20. Serve as full participant on the agency executive leadership team on agency-wide policies, strategies and planning.

21. Works with coworkers and volunteers to promote a positive, respectful and productive working environment, while protecting client confidentiality and dignity.

22. Within the context of the stated principle job duties, serves as an ambassador of SNAP’s mission and values.

23. Completes assigned projects and performs related duties as needed or situation dictates.

24. Provides excellent customer service at all times as well as helps to grow the customer service culture within the agency.

Requirements:

Education and Experience
• Required: Bachelors degree in business, or relevant field required; minimum seven years’ experience in a comparable position with at least five years of supervisory experience.
• Preferred: Master’s Degree with nine years’ experience in housing, financial or business field with at least eight years of supervisory experience.

Compensation:

Salary for this position is $4610-$5832 per month DOE

Benefits include medical, dental, life, LTD, and 403(b)

How to Apply:

SNAP employment applications are available at 3102 W. Ft George Wright, Spokane, WA 99224 or you may apply online at www.snapwa.org.

Loan Officer - New York Nonprofit Finance Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: August 8, 2019

Background:

What We Do:

NFF works toward a more just and vibrant society through:

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

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

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

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

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

Position Summary:

The Loan Officer plays a central role in the growth and expansion of NFF’s financing business on the east coast. They will support the underwriting of and directly underwrite transactions and work closely with the Loan Originations / Business Development team and the Director, Underwriting to ensure the deal pipeline proceeds in a timely and expeditious manner. Primary responsibilities include: managing the collection and analysis of client due diligence; analyzing financial spreads; underwriting loans and lines of credit; preparing documents for loan approval; presenting proposals to loan committees; and assisting with loan closings. In addition, the Loan Officer assists in business development efforts and maintains knowledge of key markets within the eastern region and across all sectors and industries in which NFF works. The Loan Officer partners internally to support meeting budgeted lending goals and contributes to lending process improvements.

The Loan Officer demonstrates an interest in or commitment to supporting low-income communities and/or the nonprofit sector and is a strong communicator and relationship builder with the ability to forge deep community relationships while setting realistic expectations and moving financial projects forward.

This position will be based in NFF’s New York, NY office. This position will report to the Vice President, Lending.

Responsibilities:

Underwriting and Product Management
Collect and manage due diligence, underwrite and structure financing requests for on and off-balance sheet 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 loan committees for approval.
Support and/or manage loan closings, including drafting commitment letters and reviewing loan documents.
Engage with clients, actively seeking to understand customers’ circumstances, expectations, and needs, and developing financing solutions to meet those needs.
Develop, maintain, and share knowledge of key sectors by attending conferences and maintaining relationships with key stakeholders, among other ways.

Client Relationship and Management
Maintain strong relationships with current and future borrowers and partners.
Develop and use knowledge of clients and markets in East Coast region to identify evolving trends and risks.
Work closely with East Coast business development team in assessing project viability and providing guidance around loan structuring and creditworthiness.
Support East Coast business development team, as requested, by participating in business development activities, including early-state client visits and conversations and attendance at external events.
Ensure the smooth transition and support of borrowers as transactions transition from business development to underwriting and from underwriting to portfolio management.

Requirements:

Essential Requirements for Education and/or Experience:
Bachelor’s degree or equivalent experience required; Master’s degree in business, finance, public administration or related field preferred.
A minimum of 5 years of professional experience, preferably in the financial services, consulting or nonprofit sectors and in increasingly more senior positions
Excellent analytical skills, including 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 ability to take initiative for independent learning with and quickly develop 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 within region to work with staff and meet with applicants, borrowers, and stakeholders.

Specialized Knowledge/Beneficial Skills and Experience:
Familiarity with outcomes-based and/or impact investing.
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.
Experience in nonprofit, business, or commercial lending and credit analysis.
Market knowledge in eastern region and in one or more targeted sectors including community health centers, education/charter schools, and human service providers.

Compensation:

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

How to Apply:

Apply directly at: https://nonprofitfinancefund.applytojob.com/apply/3pwpzzM6nN/Loan-Office...

Detroit City Manager, Sales Executive Honeycomb Credit
Detroit, MI
Job Function: Business Development
Posted: August 6, 2019

Background:

Honeycomb Credit unlocks growth for small businesses. We allow locally owned small businesses to borrow expansion capital from their own loyal customers and their community. Small businesses aren’t getting the credit they deserve from big banks, so we’re filling the funding gap while turning customers into superfans who are invested in the success of small businesses that they know and love.

Position Summary:

Honeycomb Credit is hiring a City Manager in Detroit, MI who will be responsible for all aspects of bringing our growing company to an exciting new market! The City Manager will be responsible for developing a go-to-market strategy, attracting awesome local businesses to the platform, and forging key partnerships in and around Detroit.

Small businesses are the lifeblood of our communities. They make our communities safe, fun, and livable. At Honeycomb Credit we are passionate about helping small businesses succeed. We have helped numerous small businesses in Pittsburgh and Cleveland and as our City Manager you will be responsible for extending our reach to Detroit.

We are looking for highly self-motivated applicants who are excited about scaling a high growth startup. Applicants should be comfortable working independently, while remotely maintaining close ties with the operations and customer success teams in Pittsburgh.

Responsibilities:

As the Detroit City Manager, you will:

Create and own a go-to-market strategy in Detroit with support from lead generation, operations, marketing, and customer success staff in Pittsburgh

Proactively reach out to small business owners, in person, over the phone, and through email to build a network of potential clients and partners

Close deals and support our customer success team with client onboarding

Build partnerships with small business suppliers and advisors to create scalable sales and marketing channels to reach growing small businesses

Requirements:

The City Manager should have 2-5 years of banking experience or otherwise have experience in sales or business development working directly with small business clients.

Compensation:

Compensation will include a base salary and commission, commensurate with experience as well as a competitive stock option package in a scaling startup.

How to Apply:

To apply, please submit your resume and a brief cover letter highlighting two Detroit businesses that you think would be a good fit for Honeycomb Credit to hello@honeycombcredit.com. Visit honeycombcredit.com for more details.

Philadelphia City Manager, Sales Executive Honeycomb Credit
Pittsburgh, PA
Job Function: Business Development
Posted: August 6, 2019

Background:

Honeycomb Credit unlocks growth for small businesses. We allow locally owned small businesses to borrow expansion capital from their own loyal customers and their community. Small businesses aren’t getting the credit they deserve from big banks, so we’re filling the funding gap while turning customers into superfans who are invested in the success of small businesses that they know and love.

Position Summary:

Honeycomb Credit is hiring a City Manager in Philadelphia, PA who will be responsible for all aspects of bringing our growing company to an exciting new market! The City Manager will be responsible for developing a go-to-market strategy, attracting awesome local businesses to the platform, and forging key partnerships in and around Philadelphia.

Small businesses are the lifeblood of our communities. They make our communities safe, fun, and livable. At Honeycomb Credit we are passionate about helping small businesses succeed. We have helped numerous small businesses in Pittsburgh and Cleveland and as our City Manager you will be responsible for extending our reach to Philadelphia.

We are looking for highly self-motivated applicants who are excited about scaling a high growth startup. Applicants should be comfortable working independently, while remotely maintaining close ties with the operations and customer success teams in Pittsburgh.

Responsibilities:

As the Philadelphia City Manager you will:

Create and own a go-to-market strategy in Philadelphia with support from lead generation, operations, marketing, and customer success staff in Pittsburgh

Proactively reach out to small business owners, in person, over the phone, and through email to build a network of potential clients and partners

Close deals and support our customer success team with client onboarding

Build partnerships with small business suppliers and advisors to create scalable sales and marketing channels to reach growing small businesses

Requirements:

The City Manager should have 2-5 years of banking experience or otherwise have experience in sales or business development working directly with small business clients.

Compensation:

Compensation will include a base salary and commission, commensurate with experience as well as a competitive stock option package in a scaling startup.

How to Apply:

To apply, please submit your resume and a brief cover letter highlighting two Philadelphia businesses that you think would be a good fit for Honeycomb Credit to hello@honeycombcredit.com.

Project Manager, Real Estate Development Bridge Street Development Corporation
Brooklyn, NY
Job Function: Project Management
Posted: August 6, 2019

Background:

Bridge Street Development Corporation (BSDC), an innovative and progressive community development corporation located in the historic Bedford-Stuyvesant community of Brooklyn, New York is seeking a Project Manager, Real Estate Development

Position Summary:

The Project Manager will oversee a number of residential real estate development projects in various stages of planning and development. They will receive support as needed to learn pieces of the work that are new to them, and have opportunities for growth and increased levels of responsibility over time.

Responsibilities:

Specific responsibilities will include:
 Manage the acquisition, construction, and/or renovation of development projects. Depending on the experience of the Project Manager and the level of complexity of the projects, they may be involved in 2 – 4 projects at a time
 Evaluate feasibility of development opportunities in conjunction with the Director of Real Estate as requested
 Conduct due diligence for existing and prospective projects
 Create and manage development budgets and schedules for projects
 Prepare applications to secure project financing from private, quasi-public, and public funding sources
 Communicate with project lenders, funders, and contractors and prepare reports as required
 Negotiate and manage contracts of applicable consultants as requested
 Manage projects during construction, with the involvement of an owner’s construction representative
 Manage closings of real estate transactions
 Manage the project invoice and requisition process
 Manage relocation planning and implementation as required
 Work with the Community Engagement staff to create and implement the community engagement strategy for specific projects as required
 Collaborate with other departments in planning and implementing community events and/or media opportunities for real estate activities as necessary

Requirements:

Our Ideal Candidate
BSDC is looking for smart, creative, and hardworking talent to join our Real Estate Development team. Our ideal candidate enjoys real estate development, and is comfortable working in a fast-paced, community-based environment. They will bring dedication, enthusiasm, positive interpersonal skills to the work, and possess many of the following skills and qualifications:
 Two (2) to four (4) years of experience successfully managing residential real estate development projects
 Prior involvement in or demonstrated commitment to community-based affordable housing development
 Bachelor’s degree, preferably in a related field or the equivalent in work experience
 Master’s Degree in a related field a plus
 Demonstrated ability to express oneself well verbally and in writing
 Excellent analytic and problem-solving skills
 Financial analysis skills and excellent computer literacy
 Ability to independently organize and prioritize project activities
 Ability to effectively plan and direct the work of team members
 Ability to work accurately under pressure, delegate, and coordinate the work required to meet project deadlines and budgets
 Ability to interact and engage positively with a diverse group of people including members of our community, our staff, and outside stakeholders
 Flexibility to adapt, respond, and meet the needs of the project and the organization
 Ability to quickly identify when and where help is needed, and

Compensation:

N/A

How to Apply:

Please submit one PDF document containing a cover letter, detailing your interest and qualifications for this position, and an up-to-date resume to: info3@bsdcorp.org. Address your application to: BSDC Project Manager, Real Estate Development Search. BSDC offers a competitive salary commensurate with experience and qualifications, plus generous benefits. Please see www.bsdcorp.org for more information about BSDC and its programs.

Lending and Compliance Associate Partners for the Common Good
Washington, DC
Job Function: Lending/Loan Operations
Posted: August 6, 2019

Background:

Partners for the Common Good (PCG), a Washington, DC based community
development loan fund, is seeking a Lending and Compliance Associate.
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 nearly 50 CDFIs in Washington, DC and 36 states, originated $90
million in participation transactions, and currently has an outstanding portfolio of $29
million.

PCG also participates as a community development entity (CDE) allocating New
Markets Tax Credits (NMTC). PCG received $50 million in NMTC allocations and to date
has closed eight (8) transactions for a total of $50 million in allocations.

PCG is leading the CDFI industry into the digital sector with its groundbreaking
CapNexus platform (CapNexus.org). CapNexus matches community development
finance opportunities with sources of capital. The platform has 800+ 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.
PCG’s office is located in Washington DC.

Position Summary:

The Lending and Compliance Associate is an entry-level position with responsibilities in
the lending and compliance areas of Partners for the Common Good. The incumbent
will manage the servicing and compliance for PCG’s growing lending and New Markets
Tax Credit portfolio, and will provide additional support to portfolio management. This
position reports to the Director of Portfolio Management and will work closely with both
the accounting and lending teams of PCG. This position is full-time.

Responsibilities:

Input transactions into and maintain loan system (Portfol), manage system
updates, and generate monthly portfolio reports.

Generate monthly invoices and manage payments and disbursements from
lending partners and borrowers; advise Director of Portfolio Management of any
potential problem areas and propose solutions.

Manage borrower covenant compliance and ensure timely receipt of required
financial reporting.

Manage NMTC compliance and quarterly invoicing.

Contribute to loan production goals by assisting with loan closings and
maintaining closing checklists and loan files.

Assist lending team with loan file audits.

Work to further develop and evolve PCG’s automated systems (currently
Salesforce).

Collaborate with internal staff to ensure timely reporting to investors and
stakeholders.

Collect and analyze data to contribute to funding applications as needed.

Schedule credit committee meetings and take minutes.

Assist with other portfolio management, compliance, and analytical functions as
needed.

Requirements:

The Lending and Compliance Associate position is perfect for a recent college
graduate or professional with less than three (3) years of experience in either
accounting, loan servicing, compliance, or reporting and is interested in enhancing
these skills within the CDFI Industry. The position requires a responsible individual that is a
self-starter, problem solver, and has keen attention to detail. The Lending and
Compliance Associate must have strong organizational skills and the ability to multi-task
and meet deadlines. Computer literacy in Microsoft Office environment (particularly
Excel) is required. Individual with a bachelor’s degree in accounting, or related field,
such as business or finance is highly desired. Experience in the CDFI field, banking, or
real estate development related to accounting or lending functions is a plus.

Compensation:

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
www.pcgloanfund.org.

Business Counselor Asian Americans For Equality Inc
New York, NY
Job Function: Lending/Loan Operations
Posted: August 5, 2019

Background:

(Note: this is corrected submission)

Renaissance Economic Development Corporation (REDC) is a 501(c)(3) nonprofit organization whose mission is to transform low-to-moderate income and immigrant communities in New York City by providing low-interest small business loans, training and counseling services. REDC is an affiliate of Asian Americans for Equality, one of the country’s leading community development nonprofits. As an organization deeply rooted in the neighborhoods it serves, REDC works hand-in-hand with local business owners to ensure their long-term success. Renaissance also provides financial literacy services and comprehensive technical assistance to small business owners and entrepreneurs each year through individual counseling and classroom sessions.

We are US Treasury certified Community Development Financial Institution (CDFI), SBA Intermediary Microlender, and SBA Community Advantage (7a) lender. Renaissance’s lending activities are guided by a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs.

Position Summary:

Renaissance is seeking an energetic Business Counselor reporting to the Director of Programs and TA. The Business Counselor’s overall responsibilities are to interface with loan clients, provide business counseling and technical assistance to clients, outreach to local entrepreneurs and represent Renaissance at marketing and outreach events.

Responsibilities:

Specific duties for the position of the Business Counselor are to:

-Meet with and consult clients on technical aspects of their businesses
-Share best practices in business counseling and financial analysis
-Make recommendations to the management on whether to originate a loan, and recommend loan amount, interest rate, as well as length of term
-Make site visits to client business locations
-Attend marketing and outreach events
-Maintain close customer contact to ensure continued satisfaction and to anticipate additional financing needs
-Maintains the highest level of confidentiality with all client information obtained
-Meets expectations for attendance and punctuality
-Perform other related work and duties as assigned

Requirements:

-Bachelor’s degree in Business Administration and related fields
-Strong verbal and written communication ability and organizational skills
-Excellent knowledge of local businesses and resources
-Had worked with low income individuals and diverse communities
-Demonstrated ability to multi-task, perform under pressure, and flexibility to meet deadlines
-Proficient computer skills using Microsoft Office and Google Documents
-Hands on experience working with small business owners is a plus
-Experience in financial and credit analysis is a plus
-Fluent in Spanish is highly desirable

Compensation:

Salary depends on experience. Excellent health benefits with paid vacation, holidays, sick days, and personal days.

How to Apply:

Interested candidates should send a résumé and cover letter via email to human_resources@aafe.org. For further information about Renaissance, please visit our website at www.renaissance-ny.org.

*NO PHONE CALLS PLEASE. ONLY THOSE OFFERED INTERVIEWS WILL BE CONTACTED

Business Counselor Asian Americans For Equality Inc
New York, NY
Job Function: Lending/Loan Operations
Posted: August 5, 2019

Background:

Renaissance Economic Development Corporation (REDC) is a 501(c)(3) nonprofit organization whose mission is to transform low-to-moderate income and immigrant communities in New York City by providing low-interest small business loans, training and counseling services.

REDC is an affiliate of Asian Americans for Equality, one of the country’s leading community development nonprofits. As an organization deeply rooted in the neighborhoods it serves, REDC works hand-in-hand with local business owners to ensure their long-term success. Renaissance also provides financial literacy services and comprehensive technical assistance to small business owners and entrepreneurs each year through individual counseling and classroom sessions.

We are U.S. Treasury certified Community Development Financial Institution (CDFI), SBA Intermediary Microlender, and SBA Community Advantage (7a) lender. Renaissance’s lending activities are guided by a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs.

Position Summary:

Renaissance is seeking an energetic Business Counselor reporting to the Director of Programs. The Business Counselor’s overall responsibilities are to interface with small business clients, provide business counseling and technical assistance to clients, outreach to local entrepreneurs and represent Renaissance at marketing and outreach events.

Responsibilities:

Specific duties for the position of the Business Counselor are to:

-Meet with and consult clients on technical aspects of their businesses
-Identify consultants for training needs and opportunities to market Renaissance’s products, workshops and seminars
-Assist the Director of Programs to coordinate technical assistance and training service delivery
-In collaboration with the Director of Programs, develop curricula for workshops and seminars addressing a comprehensive range of small business needs. ie: licensing, insurance, marketing, business plan, bookkeeping, financing and other related topics.
-Coordinate and help deliver workshops and seminars to respective clients
-Make recommendations to management on whether to originate a loan for a client
-Make site visits to client’s business locations
-Attend marketing and outreachevents
-Maintain close customer contact to ensure continued satisfaction
-Maintain the highest level of confidentiality with all client information obtained
-Meet expectations for attendance and punctuality
-Perform other related work and duties as assigned

Requirements:

Bachelor’s degree in Business Administration and related fields
Strong verbal and organizational skills
Strong knowledge of local businesses and resources
Experience working with low income individuals and diverse communities
Demonstrated ability to multi-task, perform under pressure, and flexibility to meet deadlines
Proficient computer skills using Microsoft Office, Google Documents, and Social Media platforms
Hands on experience working with small business owners is a plus
Experience in digital marketing is a plus
Spanish fluency is highly desirable

Compensation:

Salary depends on experience. Excellent health benefits with paid vacation, holidays, sick days, and personal days.

How to Apply:

Interested candidates should send a resume and cover letter via email to human_resources@www.aafe.org. For further information about Renaissance, please visit our website at www.renaissance-ny.org.

*NO PHONE CALLS PLEASE. ONLY THOSE OFFERED INTERVIEWS WILL BE CONTACTED.

Chief Strategy and Implementation Officer BlueHub Capital
Boston, MA
Job Function: Financial Services
Posted: August 2, 2019

Background:

BlueHub Capital (BlueHub), a national nonprofit community development financial institution, seeks a Chief Strategy and Implementation Officer (CSIO) to play a critical role in expanding the organization’s reach and impact over the next two decades. The new CSIO will serve as a catalyst, connector and implementer who translates the organization’s ambitious and innovative agenda for the future into concrete action steps and effective on-the ground programs. The individual will build on BlueHub’s impressive track record of providing affordable housing, good jobs, and new opportunities in low-income communities.

Founded in 1985 with $3,500 in start-up funds, BlueHub has grown from a single, locally-based, community loan fund to a multi-tiered organization that serves as a national model of a think-and-do tank for community investment. Its service lines and programs include a national tax credit program, a nationally-acclaimed foreclosure relief program, a mortgage lender, a real estate acquisition entity, two double bottom-line venture funds, and an alternative energy initiative focused on stabilizing utility costs in multi-family affordable housing developments. With $1.1 billion of assets under management, BlueHub is a self-sustaining business with 2017 revenues exceeding $38 million and a staff of 45.

Position Summary:

Reporting to the Chief Executive Officer (CEO) and working closely with others on the C-Suite team, the new CSIO will craft and execute plans for new initiatives and for the growth and improvement of existing programs. To achieve these goals, the CSIO will manage teams working throughout the organization.

Responsibilities:

BlueHub seeks candidates who have a commitment to improving the lives of low-income populations and communities. The successful candidate must have outstanding execution capabilities and be comfortable working in a values-driven organization operating at the intersection of downtown business expertise and community needs. The individual will have substantial experience in a senior management role developing and implementing new business and growth strategies in a nimble, entrepreneurial and complex environment. In addition, they should be familiar and comfortable with the complex interplay of policy, law and commerce in solving social and economic issues.

Requirements:

-

Compensation:

-

How to Apply:

Acceptance of inquiries, nominations, and applications will begin immediately and continue until the completion of the search process. Applicants are encouraged to transmit a detailed letter of interest and resume to www.imsearch.com/6610.
Daniel Rodas, Vice President
Donna Cramer, Managing Associate
Isaacson, Miller

BlueHub Capital is an Equal Opportunity provider

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