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Operations Associate Nonprofit Finance Fund
New York, NY
Job Function: Administrative/Operations/IT
Posted: December 23, 2020

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 Associate provides support and occasional leadership for the activities of NFF’s Operations Department by providing essential project management, systems improvement, and reporting support. The work of this position includes support of organizational compliance; NFF’s real estate and furnishings portfolio, as well as other project-by-project opportunities to engage in the full breadth of NFF’s operations.

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 Spring 2021 at the earliest.

The Associate will report to the Manager, Operations who is based in Philadelphia, PA.

Responsibilities:

Tracks, compiles, drafts, and submits reports to investors, funders, and other partners and stakeholders to ensure that NFF and its entities are developed and that NFF remains in compliance.
Coordinates collection and tracking of output and outcomes data; monitoring and ensuring the integrity of relevant databases, particularly Salesforce, by designing reports, facilitating process improvements, and training staff.
Supports NFF’s operational systems and responds to ad hoc team requests, in particular, Concur; and assists in troubleshooting issues, platform modification, training, report creation, and data analysis.
Researches and recommends systems improvements and upgrades to support NFF’s operational excellence.
Executes special operational and information technology projects and establish policies and procedures.
Prepares and edits reports and presentations for internal and external audiences.
This role might include providing project management support to NFF’s real estate portfolio, including relocations, renovations, and furnishing upgrades.
Flexibility, creativity, patience, and a sense of humor are necessary qualities.
Performs other duties as assigned.

Requirements:

Essential Requirements for Education and/or Experience:

Demonstrated interest in operations, information technology, project management, and finance/accounting.
Relevant professional experience with some prior nonprofit experience. Typically, individuals able to perform at the level of Operations Associate will have 2-3 years of relevant experience.
Strong organizational skills and time management abilities; capacity to prioritize competing responsibilities.
Excellent interpersonal skills with demonstrated ability to effectively “manage up” and foster collaboration.
Maintaining attention to detail and commitment to accuracy.
Proficiency with Microsoft Office applications including expertise with Excel.
Analytical, including a strong level of comfort with numbers and financial analysis.

Specialized Knowledge/Beneficial Skills and Experience:

Knowledge and training in computing languages such as HTML, Apex, SQL, JavaScript, Python. Database programming experience is a plus.
Experience in administering Salesforce, Adaptive Insights, and Concur preferred.
Experience with data visualization software (e.g. Tableau, Wave, Microsoft BI, etc.) preferred.
Experience with online survey tools (e.g. Form Assembly, Survey Gizmo, etc.).
Willingness to learn new skills and systems and to collaborate in other areas as needed.
Familiarity with proven project management structures and techniques.

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 $ 55,500. 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/cInOruLp8L/Operations-...

Investment Operations Analyst Aperio Group, LLC
Sausalito, CA
Job Function: Financial Services
Posted: December 22, 2020

Background:

Aperio Group is a quantitative/index-oriented investment management firm. We specialize in creating and managing customized tax- and risk-managed equity portfolios.

Aperio’s consultative approach is designed to bring clarity, experience, and comprehensive investment management through a disciplined yet flexible approach to indexing. We specialize in three practice areas: Active Tax Management, Factor Tilts, and Socially Responsive Indexing/ESG. With our depth of experience, we design and manage portfolios that reflect a client’s preferred risk profile and values while controlling tax costs and fees. Active Tax Management, Factor Tilts, and Socially Responsive Indexing can be used in complement or individually.

Using separately managed accounts (SMAs), advanced processes, and sophisticated technology, Aperio offers a level of customization that is not only truly personalized to each client, but also offers the cost-saving benefits of indexing. Clients control what matters; Aperio delivers the portfolio solutions.

At Aperio, we seek to deliver portfolio solutions uniquely customized to each client. Advisors can select from predefined solutions, establish a custom firm-wide solution to be used as a template for all of their clients, or customize at an individual client level. For clients seeking a custom solution, we believe that by starting with a discussion, rather than products or standardized investment strategies, we can build benchmark-tracking public equity portfolios that reflect more than performance goals. Our portfolios and processes also reflect our clients’ risk tolerance, outlook, and passions.

Position Summary:

We are adding to our staff and looking for an entry-level Investment Operations Analyst, with one to three years of experience, who is bright and articulate and has a sense of humor. Ideal candidates must have excellent problem-solving skills, a high degree of attention to detail, and strong organizational and analytical skills. This is a great opportunity to work for a growing investment management firm. The position requires strong analytical and communication skills. Ideal candidates will have good Excel and database skills and must be able to manage and prioritize multiple tasks. In addition, the Investment Operations Analyst should be able to work well independently and in a team environment.

Visa sponsorship is not available for this position.

California Residents: The California Consumer Privacy Act (CCPA) requires us to inform job applicants about the categories of information Aperio collects about you and the purposes for which Aperio will use your information. For personal information subject to the CCPA, please see this Privacy Notice, which contains required disclosures and details information that we collect as a part of our job application process.

Applicants: Please be aware and cautious about scams and requests for information from sources claiming to be affiliated with or working on behalf of Aperio Group. Be suspicious of anyone contacting you from an email domain other than “aperiogroup.com” or “app.bamboohr.com,” or calling you about a job opportunity if you have not sent a resume to us. We will never ask for personal or background check information directly over email or the telephone before providing a formal job offer, and we only use secure methods to request and receive such information. If you are concerned about the legitimacy of a communication or request, we suggest that you call our main line, 415.339.4300, to verify.

Responsibilities:

Monitor and reconcile separately managed accounts between the firm’s portfolio accounting system and our external custodians, daily
Communicate with custodians, banks, brokers, and vendors to resolve issues related to daily processes, data delivery, trade settlement, etc.
Work on miscellaneous projects to streamline operations, automate processes, and reduce errors
Help set up new intermediaries, custodians, platforms, and interfaces
Help maintain our security master, trading restrictions, and various financial account information
Respond to diverse external and client requests in a timely and professional manner: reporting, valuations, analyses, etc.
Reply to various internal requests, typically from client onboarding and portfolio management teams
Handle assorted monthly and quarterly closing processes
Perform other duties as assigned

Requirements:

Bachelor’s degree, preferably in business, math, finance, or a related field
One to three years of relevant work experience at an investment management firm
Portfolio accounting and performance experience
Solid understanding of financial markets
Strong proficiency with Microsoft Excel
Ability to prioritize and manage multiple tasks
Strong verbal and written communication skills
Organizational skills to manage data, projects, and processes
Knowledge of Advent APX, Salesforce, VBA, SQL a plus

Compensation:

How to Apply:

https://aperiogroup.bamboohr.com/jobs/view.php?id=142

Junior Operations Associate Aperio Group, LLC
Sausalito, CA
Job Function: Administrative/Operations/IT
Posted: December 22, 2020

Background:

Aperio Group is a quantitative/index-oriented investment management firm. We specialize in creating and managing customized tax- and risk-managed equity portfolios.

Position Summary:

We are adding to our staff and are looking for a Junior Operations Associate who is bright, articulate, and has a sense of humor. This is an entry-level position and an excellent opportunity for someone interested in gaining experience in the finance industry. Ideal candidates will have excellent problem-solving skills, a high degree of attention to detail, and excellent organizational skills. This is a great opportunity to work for a growing investment management firm.

Interested candidates must provide a cover letter, résumé, and salary expectations.

Visa sponsorship is not available for this position.

Responsibilities:

Download and archive custodial statements for all accounts monthly
Review incoming faxes and mailings daily
Process proxy voting for accounts through manual ballots or online as needed
Respond to and process corporate action notifications across all Aperio managed accounts via email, fax, and various custodial websites
Reply to diverse external and internal requests in a timely and professional manner
Work on miscellaneous projects (billing, performance, and investment operations departments) to streamline operations, automate processes, and reduce errors
Participate in projects to enhance the client experience
Effectively document and maintain processes
Other duties as assigned

Requirements:

BA/BS required
Strong attention to detail and accuracy
Excellent written and verbal communication skills
Outstanding problem-solving and interpersonal skills
Strong organizational and multitasking skills
Ability to work independently and in a small group environment; a collaborative attitude is a must
Advanced Microsoft Office capabilities
A high degree of integrity with the ability to handle confidential matters
Capacity to work in a fast-paced environment

Compensation:

How to Apply:

https://aperiogroup.bamboohr.com/jobs/view.php?id=141

NMTC Portfolio Manager Corporation for Supportive Housing
New York, NY
Job Function: Lending/Loan Operations
Posted: December 21, 2020

Background:

Who we are:
For over 30 years CSH has been a game-changer for the most vulnerable people in our country
• Helping communities create over 335,000 homes for individuals and families who did not have one;
• Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
• Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

Not only has CSH proven that supportive housing can change the lives of individuals, families, and communities, it also has created a team of nationally recognized experts who are deeply dedicated to our organization and its goals. We attract talented and diverse individuals, offer competitive salaries and benefits, generous leave and PTO, and fully embrace the philosophy that work-life balance is achievable. With the goal of attracting proven candidates committed to making a difference and who aspire to advance our mission, CSH is now accepting applications for a New Market Tax Credit (NMTC) Portfolio Manager.

Position Summary:

Why we need you:
CSH is seeking a creative, results-oriented individual with a passion for CSH’s mission and the work of our Community Investment team. Your expertise is needed to help to manage our growing New Markets Tax Credit (NMTC) portfolio, consisting of projects that provide healthcare and social services to vulnerable people, and include on-site supportive housing or serve and/or connect those in need to supportive housing. As a NMTC Portfolio Manager, you will monitor project performance and operational risk, and will help to ensure compliance with U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) NMTC program requirements.

Where you will work:
This position works remotely temporarily while CSH offices are closed. Strong preference will be given to candidates able to work from the New York, NY office following its re-opening, or the Chicago, IL office.

Responsibilities:

What you will do:
In collaboration with CSH’s NMTC Asset Manager and Finance Team, you will:
• Review NMTC financial model and loan documents prior to closing to ensure that required reporting, disbursement procedures, and closing conditions are included and meet CSH’s requirements.
• Review and approve monthly construction draw requests and work with CSH’s Finance Department to disburse and transfer funds.
• Collect, monitor and review required compliance reporting from Sponsors/Borrowers to ensure reporting its completed on-time and in accordance with all reporting requirements.
• Collect, enter, and manage annual community impact reporting for each project.
• Assist in preparing the organization’s annual NMTC application to the CDFI Fund and the annual reporting submission in its Award Management Information System (AMIS); establishing new subsidiary CDEs; and finalizing and/or amending allocation agreements with the CDFI Fund as needed.
• Facilitate site visits, review quarterly financial statements for borrowers and guarantors, monitor overall project performance against projections, and complete risk ratings for closed projects through the NMTC compliance term.
• Identify and address compliance and/or operating issues, and in coordination with investors and co-lenders, identify strategies and implement procedures to improve project performance and/or mitigate risks.
• Create and maintain reports and data on closed projects for CSH’s NMTC Advisory Board, Loan Project Review Committee, and Management/Board of Directors; Investors; the CDFI Fund; and/or other stakeholders, as needed.
• Establish and manage sub-CDE general ledgers and bank accounts; prepare financial statements; and work with external auditors and tax accounts to ensure program compliance at closing and throughout the NMTC compliance term.
• Oversee NMTC Loan servicing, including interest, fee and tax payments, and in coordination with Finance Team, process loan payments and distributions.
• Coordinate accounting and financial reporting, including preparation of work papers for annual financial audits and tax filings for auditors, and financial and related reports to investors.
• Help to oversee and manage overall compliance with NMTC program requirements.
• Keep current of CDFI Fund NMTC compliance and reporting requirements, and recommend changes to CSH’s NMTC policies and procedures as needed.
• Cultivate and maintain positive working relationships with project sponsors/borrowers, investors, co-lenders, and other external NMTC partners, including consultants, attorneys, and tax accountants.
• Prepare project summaries, data, and/or other reports/materials related to our NMTC portfolio/projects for CSH staff, partner organizations, and/or general communication, website or marketing purposes.
• Represent CSH at conferences, trainings and events, and present to internal and external audiences.

Requirements:

How we work:
CSH staff are adaptable, entrepreneurial, creative, and flexible problem-solvers. We are strategic thinkers who are committed to racial equality and treating each other—and the communities we serve—with respect. You should share a passion for the CSH mission and possess the leadership and management skills to help shape how we share our ambitious mission. Specifically, we are seeking:

• Bachelor’s degree, but experience may substitute for education.
• Minimum of 5 years’ experience in accounting, finance, asset management, real estate, and/or non-profit lending.
• Prior experience in community development, affordable/supportive housing, government/public funding programs, and compliance reporting is desired, particularly for CDFI Fund programs. Prior NMTC experience is a plus, but is not required.
• Interest in issues related to supportive housing including homelessness, affordable housing development, public finance, public housing, community development/planning, or support service programs that address mental illness or substance use issues.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities.
• Experience incorporating the perspectives of multiple communities, including communities of color, in the consideration of impacts and outcomes of a decision-making process.
• Success in project management, including helping to develop systems and teams to advance CSH’s goals related to supportive housing and services development and finance-related activities.
• Strong analytical, interpersonal, presentation, and communication skills with an ability to present to racially, ethnically, and socially diverse stakeholders.

Compensation:

How to Apply:

Interested in joining our team as a leader in the national supportive housing movement?
To Apply:
Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=135&...
CSH is proud that it has been and always will be an Equal Opportunity Employer

Administrative Assistant, Operations Washington Area Community Investment Fund
Washington, DC, DC
Job Function: Administrative/Operations/IT
Posted: December 17, 2020

Background:

Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs. Our mission is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building technical assistance to low- and moderate-income entrepreneurs.

Position Summary:

The Administrative Assistant, Operations is a key cross-functional role supporting The Washington Area Community Investment Fund (Wacif)’s Finance & Operations Department. This position is responsible for supporting process development, improvement initiatives, and increasing the overall productivity and efficiency of the organization, including the scoping, selection, onboarding, and implementation of new technologies across the organization. The Administrative Assistant, Operations supports accounting operations as well as day-to-day general operations including compliance, facilities, office, and IT management.

Responsibilities:

Process Development & Improvement

- Support the development of processes and internal controls for new product offerings across the organization.
- Support implementation of improvements to internal control gaps/inefficiencies within existing processes across the organization.
- Support the development and maintenance of key process manuals.

Productivity & Efficiency

- Complete monthly performance monitoring and other key tools across the organization (i.e. lending production targets, liquidity management, compliance systems, credit memo and risk-based pricing templates).
- Support development and maintenance of key documents and templates across the organization.
- Research latest productivity tools and resources to support Wacif Initiatives.

Systems & Technology

- Assist in technology needs assessment process to identify suitable technology solutions.
- Assist in scoping, testing, and selection of technology platforms.
- Assist in onboarding of new technology.
- Serves as a liaison and coordinates with outsourced vendors, including company’s outsourced IT provider.

Accounting Operations

- Edit and proofread Impact Capital Fund investor documents and issue via AdobeSign.
- Support issuance of IRS required filings such as Forms 1099-INT/NEC/C including researching 3rd party service providers, scrubbing required filing datasets, and supporting the Accounting team where needed.

General Operations

- Submit pre-award documentation requirements for grant awards.
- Complete other compliance-related tasks with local and Federal government agencies and investors.
- Assist with procurement/setup of IT equipment and supplies, including computers, phones, etc.
- Assist with ensuring that Wacif’s facility management, and office management needs are met, including general office upkeep, cleanliness, and security.
- Assist with procurement and recordkeeping of office and program supplies.
- Assist with corporate memberships, subscriptions, and registrations.
- Assist in banking operations administration.

Other Duties as Required or Assigned

- Support the executive team on projects and assignments.
- Completes special projects, as assigned.

Additional duties and responsibilities may be assigned by management as deemed appropriate

Requirements:

- Process and systems design orientation, with acute attention to detail. Individuals who are annoyed with inefficiency, preferred.
- Ability to identify and document key processes, including internal control weaknesses.
- Must be a cross-functional team player and able to collaborate and coordinate with a diverse set of stakeholders to achieve project objectives.
- Intermediate MS Excel skills (i.e. exposure to Vlookup, Hlookup, Pivot tables/charts, etc.). Self-professed “Excel nerds”, preferred.
- Exposure to developing, reengineering, and strengthening process/internal controls.
- Bachelor’s degree from an accredited institution required.
- Positive, entrepreneurial spirit including ability to seek new and creative solutions to challenges.
- Proven self-starter motivated to create efficiency in their own work and those around them.
- Ability to manage multiple projects simultaneously with precision and attention to detail while continually finding ways to improve processes to produce higher quality, effective results.
- Intermediate to advanced skills in Microsoft Office suite, required.

Compensation:

Competitive salary commensurate with experience. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (some employer contribution & matching); paid vacation (increased with tenure), holiday and sick leave days

How to Apply:

Interested candidates should email a (1) resume/CV, (2) thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and (3) salary history to opportunity@wacif.org with “Administrative Assistant, Operations” in the subject line. Applications will be reviewed on a rolling basis.

Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds.

We thank all those who apply, but only shortlisted candidates will be contacted.

No calls please. Telephone inquiries will not be accepted.

Junior Accountant WACIF
Washington, DC, DC
Job Function: Accounting
Posted: December 17, 2020

Background:

About the Washington Area Community Investment Fund (Wacif)
Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs. Our mission is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building technical assistance to low- and moderate-income entrepreneurs.

Position Summary:

The Junior Accountant has a key role within The Washington Area Community Investment Fund (Wacif)’s Accounting Department. The Junior Accountant is responsible for ensuring day-to-day accounting related data is captured in a timely and accurate fashion, enabling financial statements to be to be issued to internal and external stakeholders efficiently. This position is the contact for all data entry into our Sage Intacct core accounting system, including providing payment-related financial operations of Wacif’s Line of Credit (LoC) product. Similarly, the Junior Accountant is primarily responsible for Accounts Receivable, Accounts Payable, and supporting the Accounting Manager in audit preparation and annual tax filing to the IRS (i.e. Forms 1099-NEC, 1099-INT, and 1099).

Responsibilities:

DUTIES & RESPONSIBILITIES

- Bookkeeping

- Ensure financial records are up to date by entering accounting entries in Sage Intacct daily.
- Prepare and enter bank deposits.
- Provide payment-related financial operations to Line of Credit (LoC) product.

Accounts Receivable (AR)

- Responsible for full-cycle AR, including customer aging report and customer-level follow-up.
- Develop financial reports and reimbursement requests for state, local, and federal government-funded grants, and contracts.
- Generate and issue invoices for services rendered and grants receivable.
- Upload invoices to DC Vendor Portal.
- Create new, and manage existing, customer profiles in Sage Intacct.

Accounts Payable (AP)

- Responsible for AP including managing vendor aging report, submitting vendor invoices in Nexonia AP module for approval, issuing checks, setting up ACH/wire payments, amongst other responsibilities.
- Create and manage existing vendor records in Sage Intacct
- Expense Management

- Ensure timely submission and correct coding of corporate credit card transactions into Nexonia Expense module.
- Reconcile Chief Executive Officer and Chief Financial & Operations Officer corporate credit card transactions.
- Provide support/guidance to Wacif staff for submission of corporate credit card and employee reimbursement transactions.
Audit & Tax

- Assist in preparation of schedules for the annual external audit (single audit, financial audits, or project-specific, as required), including Notes Payable schedule, and others.
- Assist in preparation schedules, as needed, and/or assigned, for the annual IRS Form 990.
- Prepare IRS tax submissions, including Forms 1099-NEC & 1099-INT.
- Other Duties as Required or Assigned

- Support the Finance & Operations team on special projects and assignments.
- Additional duties and responsibilities may be assigned by management as deemed appropriate.

Requirements:

- Ideally 1-2 years’ experience in an administrative, AP, AR, or general accounting role.
- Ideally 1-2 years’ experience with customers (AR) / vendors (AP) and general ledger modules of core accounting systems such as QuickBooks, Great Plains, or similar. Experience with Sage Intacct is ideal.
- Exposure to financial statement audit process.
- Exposure to IRS filings, including Forms 990, 1099-NEC/MISC, 1099-INT, & 1099-C.
- Ability to manage multiple activities simultaneously with precision and attention to detail while continually finding ways to improve processes to produce higher quality, effective results.
- Process-oriented individual who rigorously follows process while under pressure.
- Proactive self-starter motivated to create efficiency in their own work and those around them.
- Positive, entrepreneurial spirit including ability to seek new and creative solutions to challenges.
- Quick-witted sense of humor and appreciative of a fun, yet fast paced, work environment is ideal.
- Associates degree in Business Administration from an accredited institution required, Bachelor’s degree preferred.
- Ideal coursework includes Introduction to Accounting, Intermediate Accounting, and Management/Cost Accounting.
- Intermediate to advanced knowledge of Microsoft Office suite, required.
- Proven intermediate MS Excel skills (i.e. Vlookup, Hlookup, Pivot tables/charts, etc.). Self-professed “Excel nerds”, preferred.

Compensation:

How to Apply:

Interested candidates should email a (1) resume/CV, (2) thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and (3) salary history to opportunity@wacif.org with “Junior Accountant” in the subject line. Applications will be reviewed on a rolling basis.

Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds.

We thank all those who apply, but only shortlisted candidates will be contacted.

No calls please. Telephone inquiries will not be accepted.

Analyst, Structured Products LIIF
Flexible, CA
Job Function: Lending/Loan Operations
Posted: December 17, 2020

Background:

The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well-being for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality
educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.

Position Summary:

The Analyst is responsible for supporting the asset management and compliance/administration of a portfolio of Funds and other Structured Products which use LIIF’s capital to leverage other external financing sources, including conventional bank debt, CDFI or other mission-aligned financing, philanthropic funds, or state/federal subsidies. LIIF combines these multiple funding sources to support the development of affordable housing, charter school, community health care, child care or mixed-use facilities. The Analyst will serve as a critical support for all LIIF-managed Funds and federal programs that enhance LIIF’s core lending activities.

The Analyst reports to the Deputy Director, Structured Products, and is part of the Structured Products team. This position will also work closely with the regional lending, loan administration, asset management, legal/compliance and finance teams.

As part of the broader Community Initiatives & Programs team, the Analyst ultimately works to support the achievement of regional and overall Lending work plan goals by providing loan administration, compliance, and data analysis support to LIIF’s Structured Products team.

Responsibilities:

Federal Programs:
The Analyst will assist with the administration of LIIF’s federal programs that are used to enhance LIIF’s fund structures and core lending activities, including the Capital Magnet Fund, Healthy Food Financing Initiative (HFFI), and Bond Guaranty Program (BGP). Activities include:

- Work with Federal Program’s team to update / keep current all processes, pipelines, worksheets, eligibility checklists, etc. to assure smooth, accurate, and up-to-date information flow between Loan Officers and Federal Program staff.

- Assist in tracking all compliance requirements for each program.

- Capital Magnet Fund / HFFI: manage the project eligibility approval process, evaluate eligibility documentation, tracking the pipeline of projects and availability of funds, provide information to Loan Officers as needed, assist with compliance reporting;
- Bond Guaranty Program: lead BGP requisition process, handle various reporting requirements (PLM, Pledged Asset Report, and others as needed).

Ongoing Fund Management:
The Analyst is responsible for the ongoing asset management of a portfolio of Funds that involve multiple external stake holders, including Investors, credit enhancement providers or partnering Lenders. As a result, the Analyst serves as a critical point support for all LIIF-managed Funds and ensures all related Fund obligations are met.

Ongoing Fund management responsibilities include:

- Compliance and Investor Reporting: Compile any reporting required by Investors, partnering Lenders, or Foundations. This may involve working closely with LIIF’s asset management, legal and finance teams or other partner Lenders to collect the required loan or organizational data.

- Fund Standards & Processes: Work closely with the Fund team to ensure LIIF is compliant with the Standards & Processes developed for each Fund.

- Loan Management System Data: Work with LIIF Finance and Information Technology teams to maintain accurate Fund loan data in LIIF’s loan management systems (nCino and LMS), and coordinate with the Portfolio
Manager, Finance, and Loan Administration to resolve data issues related to Fund loans.

- Fund Loan Support: The Analyst is responsible for supporting the originations and asset management activity for loans within closed Funds. Key activities include:

- Support Pipeline Management and Loan Approvals: Support the monitoring of the use and availability of funds and repayments. Support the coordination of credit committee meeting dates; collecting underwriting materials from
originating lenders; and ensuring appropriate documentation of all approvals.

- Non-LIIF Originated Loan Closings and Asset Management: For Fund loans that are originated by other lenders, administer all internal activities necessary to ensure the loan is appropriately funded, booked and monitored by
LIIF. This involves ensuring receipt of all required closing documentation; verification of compliance with Fund-specific requirements; creating loan data entries in LIIF’s loan management software (nCino and LMS); and working
with the LIIF Loan Administration and Finance team to manage the release of funds to the project or lender, as appropriate. Monitor loan payments and upcoming maturities, process post-closing draw requests, request annual reporting.

- LIIF-Originated Loan Closings: Support the closing process for all loans in each Fund originated by LIIF to verify that the loan is appropriately booked and monitored by LIIF with respect to specific Fund requirements.

- Project Loan Modifications, Exceptions or Extensions: Monitor status of all Fund loans with respect to post-closing changes. Update loan data entries in LIIF’s loan management software (nCino and LMS) when any post-closing amendments are approved.

Customer Service:
The Analyst will maintain a positive and professional relationship with LIIF’s internal associates as well as external customers and business partners by initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner

Requirements:

Three or more years of experience working in finance or community development in the loan or fund administration area; good verbal and written communication; strong organizational, time-management, customer service and problem solving skills; demonstrated ability to work in a team environment; and high standards for generating quality work. In addition, must be proficient in Word, Excel, and Microsoft Outlook.

Educational background should include a bachelor’s degree. Occasional travel to LIIF offices, functions, and client offices will be required.

Compensation:

How to Apply:

If you are interested in applying to the Low Income Investment Fund, Please e-mail cover letter and resume to careers@liifund.org.

No phone calls or other LIIF email addresses please. Only candidates being considered for a position will be contacted.
LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin.

Reporting and Compliance Lead Accion Serving Illinois and Indiana
CHICAGO, IL
Job Function: Lending/Loan Operations
Posted: December 16, 2020

Background:

Accion helps neighborhood entrepreneurs grow by providing the coaching, capital, and connections that small business owners need to create jobs and wealth in communities throughout Illinois and Indiana

Position Summary:

The Reporting and Compliance Lead is a salaried, exempt position that reports to the Director of Strategy and Operations. The Reporting and Compliance Lead is responsible for reviewing new grant and loan applications and agreements for compliance requirements; creating and following processes for tracking reporting and compliance requirements; analyzing data to support strategic organizational decision-making; alerting management when compliance criteria is in jeopardy; and completing and filing all documents and reports with applicable institutions in a timely manner.

Responsibilities:

• Review new agreements for compliance requirements and assess Accion’s ability to reasonably fulfill those requirements in conjunction with all involved departments
• Maintain the systems Accion needs to efficiently and effectively track data and report on outputs and outcomes
• Maintain tracking/recordkeeping and documentation mechanism for all executed agreements and reporting requirements
• Generate reports required by third parties and internal partners, ensuring both accuracy and timeliness
• Collaborate with colleagues across disciplines responsible for the accurate and timely collection of data needed for compliance requirements
• Analyze data to provide insightful and accurate trends, report concerns, and celebrate successes
• Remain current with industry best practices

Additional Responsibilities
• Manage compliance for the organization’s grant and loan programs by executing sound policies, procedures, and reporting in a timely and efficient manner
• Ensure compliance requirements are being met by collaborating with other departments responsible for both the work covered by executed agreements and the tracking of that work; remain current on best practices
• Review pending agreements for feasible compliance reliability, recommend solutions when requests are outside of the organization’s scope or capability
• Compile data from all necessary sources; analyze and monitor the data to ensure compliance, track organizational metrics, and ensure the organization is on track to meet strategic milestones
• Collaborate with other departments on the creation and production of reports demonstrating programmatic outcomes
• Research regulations; develop and execute new processes as required
• Stay abreast of programmatic and market data to support Accion’s mission and work
• Perform other duties flexibly and creatively as needs arise
• Contribute to a net surplus annually

Requirements:

• Solve problems creatively
• Manage time efficiently
• Attend to details meticulously
• Communicate effectively in writing and verbally
• Collaborate flexibly with colleagues in a diverse and changing environment
• Believe strongly in Accion’s mission

The Data and Compliance Lead should have a:
• Minimum of 3 years of experience in compliance work at a comparable nonprofit or financial institution
• Knowledge of compliance auditing and best practices
• High level of proficiency using Excel and end-user reporting toolsets
• Proven track record of attending to detail, tracking, analyzing and reporting data and meeting deadlines
• Collaborative workstyle that thrive in a fast-paced environment with a customer service focus
• Clear writing style and experience with government grants

Compensation:

The salary range for this position is $50,000 – $65,000 commensurate with experience and skillset. Accion offers generous medical and dental insurance plans; offers a SIMPLE IRA retirement plan (with employer match); and provides excellent paid time off to its employees. Accion is an equal opportunity employer and encourages individuals with diverse backgrounds and work experiences to apply.

How to Apply:

Submit a cover letter and resume to Jobs@accionchicago.org – use job title in subject line.

No phone calls please.

Finance Manager Temple Sinai
Washington, DC
Job Function: Finance
Posted: December 16, 2020

Background:

Position Summary:

A Washington, DC-based organization seeks an experienced Finance Manager to provide nonprofit accounting leadership, financial management, and oversight of internal controls, policies, and procedures for a $5.5M DC-area temple. With one direct report (full-time bookkeeping assistant), the Finance Manager oversees financial operations, maintains the financial books and records of the organization, updates, and implements internal control policies to safeguard assets, monitors the investment portfolio, and partners with the Executive Director in the financial planning process.

This is a great opportunity for someone with non-profit experience as well as someone who might consider flexibility with their schedule (80% of a workweek) or full-time work a plus. The salary range is $100k-125k for a full-time role. Talented candidates will bring 5 years of experience managing finance and accounting functions (nonprofit preferred); developing budgets, financial analyses, and timely/accurate reporting; and overseeing the year-end audit. Bachelor’s degree or relevant nonprofit accounting experience; CPA or MBA preferred.

The application process includes submitting a cover letter and résumé here. If you have any questions, please email Adrienne O’Rourke. Marcum is assisting Temple Sinai to support its search efforts. Located in northwest Washington, DC, Temple Sinai has an annual budget for FY2021 of about $5.5 million, full-time staff of 33, and total staff of 50. Temple Sinai welcomes the participation of interfaith couples and families, and people of all abilities, backgrounds, and sexual orientation.

Responsibilities:

Requirements:

Compensation:

$100,000 - $125,000 (for a full-time role)

How to Apply:

The application process includes submitting a cover letter and résumé here.

If you have any questions, please email Adrienne O’Rourke.

Marcum is assisting Temple Sinai to support its search efforts.

Investment Fellowship Capria Ventures
,
Job Function: Financial Services
Posted: December 16, 2020

Background:
Capria Ventures is a global investment firm leading, partnering with and funding the largest network of emerging market fund managers collaborating to deliver superior returns and scaled impact. Capria brings venture capital innovation and global best practices to local venture capital, private equity and innovative debt funds, managed by local investment experts. Capria’s network of investing partners collectively manage more than USD $400 million in assets deployed in early stage and early growth companies in Latin America, Africa, and Asia. Capria has over $100M in AUM which it invests directly in India via Unitus Ventures, and in other markets via partners of the Capria Fund which takes anchor GP and LP positions. Capria has offices in Seattle, Paris, Santiago, Bangalore and Nairobi. More at: http://capria.vc

Position Summary:

Essential Position Functions:

- Contribute to due diligence and evaluate direct equity investment transactions primarily at the Series A and B stages
- Maintain and improve upon pipeline tracking and other investment systems
- Project manage co-investment transactions including managing processes on Asana, taking notes and sharing summaries, scheduling diligence calls, storing documents and investment agreements, etc.
- Create analysis and conduct research on markets, sectors, and other opportunities
- Support in data collection and reporting for pipeline and portfolio companies
- Participate in portfolio monitoring and management

Responsibilities:

Additional Opportunities:

- Experience both fund of funds investing and direct investing
- Engage with Capria’s network of 20+ funds and companies investing in 40+ countries around the world
- Gain visibility by participating in widely circulated thought leadership
- Attend exclusive industry events and workshops

Requirements:

Required Knowledge, Skills, and Abilities:
- Competitive candidates for the Investment Fellowship will have a rigorous analytical background and strong interest in emerging markets
- Financial modelling skills and high proficiency in spreadsheets (Excel and Google Sheets) are required
- Language abilities and a demonstrated commitment to development finance are preferred
- Experience managing multiple projects across global teams, with comfort working across timezones and different cultures (this role requires early mornings or late evenings 3-5x a week given the global nature of our team)
- Experience in a dynamic, start-up like environment or equivalent for 3-5 years is a plus
- The best cultural fits are self-motivated, able to work independently on projects, and thrive working in an entrepreneurial environment

Education and Experience:

- Bachelor’s (Master’s preferred) degree in Business, Finance, Economics, Political Science or a related field
- Investment banking, private equity, and/or venture capital experience preferred

Note: The fellow role is an opportunity designed for candidates with 3+ years of relevant work experience and/or a Masters degree.

Compensation:

How to Apply:
Apply directly - https://capria.vc/about-us/careers/fellowship-internship/

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,
Job Function: Financial Services
Posted: December 16, 2020

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Industry Job Bank

Operations Associate Nonprofit Finance Fund New York, NY Job Function: Administrative/Operations/IT Posted: December 23, 2020

Investment Operations Analyst Aperio Group, LLC Sausalito, CA Job Function: Financial Services Posted: December 22, 2020

Junior Operations Associate Aperio Group, LLC Sausalito, CA Job Function: Administrative/Operations/IT Posted: December 22, 2020

NMTC Portfolio Manager Corporation for Supportive Housing New York, NY Job Function: Lending/Loan Operations Posted: December 21, 2020

Administrative Assistant, Operations Washington Area Community Investment Fund Washington, DC, DC Job Function: Administrative/Operations/IT Posted: December 17, 2020

Junior Accountant WACIF Washington, DC, DC Job Function: Accounting Posted: December 17, 2020

Analyst, Structured Products LIIF Flexible, CA Job Function: Lending/Loan Operations Posted: December 17, 2020

Reporting and Compliance Lead Accion Serving Illinois and Indiana CHICAGO, IL Job Function: Lending/Loan Operations Posted: December 16, 2020

Finance Manager Temple Sinai Washington, DC Job Function: Finance Posted: December 16, 2020

Investment Fellowship Capria Ventures , Job Function: Financial Services Posted: December 16, 2020

Pages

Get in touch

Washington D.C. Office

Philadelphia Office

Visit Us

Operations Associate Nonprofit Finance Fund
New York, NY
Job Function: Administrative/Operations/IT
Posted: December 23, 2020

Investment Operations Analyst Aperio Group, LLC
Sausalito, CA
Job Function: Financial Services
Posted: December 22, 2020

Junior Operations Associate Aperio Group, LLC
Sausalito, CA
Job Function: Administrative/Operations/IT
Posted: December 22, 2020

NMTC Portfolio Manager Corporation for Supportive Housing
New York, NY
Job Function: Lending/Loan Operations
Posted: December 21, 2020

Administrative Assistant, Operations Washington Area Community Investment Fund
Washington, DC, DC
Job Function: Administrative/Operations/IT
Posted: December 17, 2020

Junior Accountant WACIF
Washington, DC, DC
Job Function: Accounting
Posted: December 17, 2020

Analyst, Structured Products LIIF
Flexible, CA
Job Function: Lending/Loan Operations
Posted: December 17, 2020

Reporting and Compliance Lead Accion Serving Illinois and Indiana
CHICAGO, IL
Job Function: Lending/Loan Operations
Posted: December 16, 2020

Finance Manager Temple Sinai
Washington, DC
Job Function: Finance
Posted: December 16, 2020

Investment Fellowship Capria Ventures
,
Job Function: Financial Services
Posted: December 16, 2020