Background:
LOCUS Impact Investing is a national, mission aligned, nonprofit consulting firm and registered investment advisor serving foundations across the country looking to use more of their assets to promote prosperous and vibrant communities. LOCUS embraces and supports the emerging role for place-focused philanthropies to lead their communities in offering safe and affordable housing, quality jobs, climate protection, and access to vital community services. LOCUS is a wholly-owned subsidiary of Virginia Community Capital (VCC), a Community Development Financial Institution (CDFI). VCC launched LOCUS in 2017 to accelerate place-based impact investing and bring community economic development expertise to place-focused institutions. LOCUS partners with clients to assess local markets, unlock impact capital for community betterment and effectively manage and mitigate risk. LOCUS provides an array of services from strategic consulting to deal sourcing and underwriting to back-office investment servicing.
VCC is a CDFI headquartered in Richmond, Virginia with additional offices in Christiansburg and Norfolk, Virginia. Through innovative and flexible financing and advisory services VCC’s mission is to creates jobs, energizes places and promotes an enhanced quality of life in low-to-moderate income and marginalized communities. VCC Bank is an FDIC-insured, CDFI-certified bank offering deposit products tailored to socially conscious investors. VCC Bank is also a certified B Corp. www.vacommunitycapital.org
LOCUS envisions supporting place-focused philanthropies catalyzing positive community change through local impact investments. The LOCUS team:
• Are valued partners in community economic development.
• Have the financial expertise and strategic consulting skills to help our clients move beyond traditional grantmaking to place-based impact investing, effectively using more of their assets to build prosperous, vibrant communities.
• Are responsive to donors across the generations who are seeking greater impact through their philanthropy, both giving and investing.
• Works to unlock and deploy investment capital for local communities.
Position Summary:
The President of LOCUS Impact Investing (LOCUS) will provide the leadership and direction to enable the organization to amplify their ability to empower place-focused foundations to invest their capital locally to build prosperous, vibrant communities.
Managing a team of 15 and operational budget of $5 million, this leader will grow LOCUS and lead a team to provide continued development of the strategy and pipeline to grow current programs and build new products and services. This leader will build on previous successes and accelerate our impact on behalf of national organizations. Critically, this leader will enhance the revenue model, leveraging the current business flows and grow recurring revenue.
Responsibilities:
• Execute and build on the strategy and pipeline to grow LOCUS nationally.
• Leverage the momentum and attention to impact investing, foundation financing knowledge to bring an impact investments and blended finance mechanisms to our partners.
• Build and strengthen the sustainable financial model for the organization and serve as the Chief Development Officer.
• Promote, market and scale LOCUS throughout the impact investing and philanthropic community through a well-planned, effective national marketing strategy.
• Collaborate with the LOCUS Board of Directors, VCC Senior Management at all levels to obtain stakeholder buy-in and consensus and integrate impact investing into organizational culture.
• 40% travel as required for donor meetings, conferences and thought leadership.
• Lead and motivate a team of devoted professionals.
Requirements:
Qualifications:
• Absolute passion for the mission of LOCUS and a deep appreciation for community development work.
• A minimum of 7 to 10 year(s) of leadership or management experience.
• Leadership and management experience internally and externally within a complex Organization. Proven ability to navigate organizations to get things done.
• Entrepreneurial orientation with the ability to bring structure and execution ability to a growing organization.
• Excellent communication and public speaking skills to influence and promote the Impact Fund to investors, donors and larger audiences.
• A track record of creativity, agility and innovation across a person’s career.
• Experience and networks with leading foundations and impact investors; prior experience in banking institutions, national organizations preferred.
• Proven experience collaborating internally and externally to grow products and services that produce catalytic change.
Additional qualifications include:
• Experience having developed, grown and scaled a for profit, startup, or organization in growth.
• External capital/fund raising experience, funding to be less grant reliant raising capital
• Absolute passion for the mission of LOCUS and a deep appreciation for community investment work nationally.
• Innovation and creativity, flexibility, learning agility, forward thinking on a national scale.
• Thought leadership and management experience internally and externally within a complex, national or global organization.
• Proven ability to navigate large organizations to get things done.
• Proven experience collaborating internally and externally to grow products and services that produce catalytic change.
• Banking and financial products knowledge and investment experience across all asset classes, with a priority for in-depth experience in community development finance or relevant field. Experience in asset servicing highly preferred.
• Excellent oral and written communication skills and public speaking skills to influence and promote the organization to investors, donors and larger audiences.
• Experience scaling a hybrid nonprofit/financial investment organization, including strategy and pricing.
• Intimate understanding of philanthropic markets and below-market rate/catalytic investors involved in impact investing ranging from foundations to family offices.
• Creativity, tenacity and agility within the world of impact investments
• Servicing foundation capital, enhancing the vision within new businesses, the guaranteed pool, Loan servicing, CIGP (Community Investment Guaranteed Pool) https://locusimpactinvesting.org/guarantee-pool/guarantee-pool.html
Education:
• A Bachelor’s degree from an accredited four-year college or university is required, ideally with major course work in finance, economics, public policy or environmental studies.
• An advanced degree in business, law, public policy, finance or equivalent professional qualifications demonstrating impact investment knowledge is highly preferred.
Compensation:
Compensation will be competitive and commensurate with experience.
How to Apply:
Please send your resume to:
bill.meskimen@kornferry.com
Background:
Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, New York, NY, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.
Position Summary:
Capital Impact Partners seeks an Origination Loan Officer to strengthen its Loan Origination Group. The Loan Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions.
Responsibilities:
Contribute to loan production goals by identifying lending opportunities and originating new loans upon referral from the business development team
Structure loan transactions in compliance with internal credit and program requirements under the supervision of the manager
Prepare and negotiate loan proposals with borrowers and partners (business term sheets and commitment letters) under the supervision of the manager
Manage the loan approval process from deal screening to loan approval
Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context.)
Represent Capital Impact on panels at conferences and manage relationships with partners and borrowers
Work closely with all lending staff to assure excellent customer service
Work with partners on loan participations and program loans
Participate in strategic planning and innovation process
Requirements:
Bachelor’s degree required. Advance degree in business, finance or related field preferred with 2-5 years of lending experience or High School Diploma or equivalent with 6 years experience in a related field
Experience with community development underwriting preferably in healthcare and/or any of our other key sectors of education, healthy foods, affordable housing, and the ability to age with dignity
Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institution (CDFIs) is a plus
Demonstrated experience in preparing and negotiating complex transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation
Compensation:
$95,000 - $103,000
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
The National Community Reinvestment Coalition (NCRC) is an association of more than 600 community-based organizations that promotes access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America’s working families.
In 2007, NCRC established a subsidiary community development financial institution (CDFI), the National Community Reinvestment Coalition Community Development Fund, Inc. (NCRC CDF). NCRC CDF has been certified by U.S. Treasury as a Community Development Financial Institution (CDFI) since 2012.
NCRC is seeking a new Executive Director to lead NCRC CDF starting in mid-2020. In addition to management of the CDFI, the Executive Director will guide CDF’s expanding financing strategy.
Since its creation, NCRC CDF delivered loan capital to minority- and woman-owned businesses in the DC Metropolitan Statistical Area. In 2014, NCRC CDF began expanding its reach in the field of economic and community development, with a principal focus on NCRC’s GROWTH Initiative. GROWTH (Generating Real Opportunities for Work through Housing), is NCRC’s signature community development initiative. GROWTH purchases and renovates (or builds) single family homes with the goal of providing low- and moderate-income families pathways to homeownership and stabilizing property values in low- and moderate-income communities. GROWTH does this while linking workforce training and homebuyer counseling to people and neighborhoods we serve. NCRC CDF plays a critical role in the success of this effort, working with major investors and channeling capital. The investment fund now approaches $100 million.
Position Summary:
The Executive Director of NCRC CDF will be the Fund’s entrepreneurial leader, primary fundraiser, and manager. The Executive Director will report to NCRC CDF’s Board of Directors and to the Chief Community Development Officer (CCDO) of NCRC. S/he will be responsible for developing and refining broad strategy and annual work plans, setting priorities for initial lending activities, and supervising the Fund’s staff that the Board Chair and the CCDFO approve.
The Executive Director will be the public face of NCRC CDF at trainings, forums, press and media events, and conferences of peer organizations within the community development finance world. At the same time, as the leader of an entrepreneurial and growing organization, functions and duties that eventually may be executed by additional personnel will be handled by the Executive Director.
Responsibilities:
1. Product Development
• Develop, under the direction of the Chief of Community Development, a business plan that attracts funds to the CDFI – debt, equity, EQ2 and grants – to be utilized in NCRC’s Housing Rehab Fund and future funds.
• Continue to build small business loan portfolio based on current loan products: microloans and small business loans to emerging low-income entrepreneurs in the DC MSA.
• Develop and manage new program soon-to-be-launched, which will provide loans to businesses owned by returning citizens (ex-offenders) in the DC area.
• Create programming to ensure that NCRC CDF provides directly or through partnerships development services, e.g., that small business borrowers receive appropriate technical assistance from NCRC CDF and/or partners, including DC Women’s Business Center and Small Business Division
• Collaborate with the NCRC Women’s Business Center and Small Business Division to develop a pipeline of potential clients for lending.
• Assess and recommend strategy for making mortgage products available to purchasers of properties through NCRC’s GROWTH Initiative or to NCRC members with competent CDFIs, including:
o Coordinate the development of the Lease Backed Assumable Mortgage with industry partners.
o Originate single-family mortgage product.
o Underwrite borrowers and assets financed.
o Manage related regulator and compliance issues.
o Coordinate funding and liquidity options with Federal Home Loan Bank, HUD, and other agencies.
o Coordinate participating bank partners for additional liquidity and funding capacity.
2. Underwriting and Loan process management
• Underwrite applications for both the small business products and housing development/pre-development lending.
• Present loan packages to the loan committee for review and action.
• Monitor loan performance and implement corrective procedures for problem loans.
• Ensure that loan policy and procedures are followed and updated as needed through board approval.
3. Fundraising & Capitalization
• Develop strong relationships with current investors and cultivate relationships with potential investors to secure the capital resources and the operating support necessary to meet NCRC CDF’s goals.
• Establish and maintain relationships with key staff at federal agencies that support affordable housing and redevelopment and micro lending and CDFIs, including the CDFI Fund at the U.S. Department of the Treasury, the Federal Housing Administration, and the PRIME program at the Small Business Administration.
• Identify and pursue grant funding opportunities on a regular basis.
• Communicate with investors, grant funders, and NCRC CDF’s Board about the financial and operational health of the Fund.
• Assume primary responsibility for acquiring sufficient financial capital in appropriate forms and operating support, as needed, to ensure smooth operations and steady growth of NCRC CDF.
4. Compliance and Reporting
• Ensure compliance with all conditions/covenants in loan agreements, equity equivalent agreements, and other grant agreements.
• Ensure compliance with all CDFI Fund/US Treasury requirements and complete requisite reports through AMIS, both with respect to certification and any federal grants received.
• Ensure compliance with all Board and NCRC organizational requirements, policies, and practices.
5. Manage office and staff
• Determine staffing needs of the NCRC CDF and create an efficient and effective staffing plan
• Recruit, hire, and supervise a well-qualified and capable staff.
• Ensure that customer service, loan production, portfolio and fiscal management, and reporting systems are high-quality and efficient.
• Maintain a solid understanding of the different programmatic components that comprise NCRC CDF.
• Develop collaborative relationship with NCRC’s investment manager and others working with that firm to enable seamless investment strategy that supports NCRC’s GROWTH Initiative.
ADDITIONAL RESPONSIBILITIES:
NCRC CDF is at a turning point as it brings together programmatic strategies and lines of business. The goal is to integrate growth strategies into an organizational expansion that serves the broader goals of NCRC through the CDFI.
During the first 12 months, the Executive Director will be expected to accomplish the following objectives:
• Assist in raising capital for affordable housing and small business financing initiatives
• Recruit and hire key staff as needed and as resources allow
• Refine loan product marketing strategies and build organizational strengths;
• Increase current levels of loan production;
• Launch new loan products;
• Update marketing materials and operating systems as appropriate;
• Achieve positive customer responses;
• Cultivate strong relationships with investors and funders;
• Secure capital investments from at least 4 investors;
• Secure grant funding for operating costs;
• Keep NCRC CDF Board members appraised of the Fund’s progress;
• Review business plan and secure board support for any proposed adjustments;
• Maintain a low loan loss rate.
Other duties as assigned.
Requirements:
• Graduate degree in business, real estate development or other related field. Additional professional experience may substitute for an advanced degree;
• At least 5 years of executive-level management experience, including experience with risk management for a lending institution, experience working with government programs that assist small business lending and micro lending, and extensive experience with business financing;
• Demonstrated broad knowledge of and contacts within the banking and/or the community development finance field related to housing and mortgage finance and systems that oversee the investment of NCRC’s CDF directly or indirectly with joint venture partners at the national and local levels;
• Familiarity with and experience working with the CDFI Fund at the U.S. Department of the Treasury.
• Proven track record of raising private, public and foundation capital and operating support;
• Outstanding oral and written communication skills;
• Strong strategic planning and financial analytical skills;
• Widely recognized leadership and personnel management skills;
• Reputation for creativity and innovation in achieving goals;
• Interest in working with diverse communities and organizations;
• A collaborative personal style that works in partnership with others both internally and externally;
• Clear commitment to the success of low-income entrepreneurs, particularly women and minority entrepreneurs.
Compensation:
Commensurate with experience
How to Apply:
Submit cover letter, resume and salary requirements to HR@growthbyncrc.com
Background:
NMSC delivers creative financing solutions to support community-driven investments in underinvested communities across the country. We invest in impact and help others invest in impact. We offer a range of tailored investment services, recognizing that every community has unique strengths and needs, as does every investment we help make in partnership with our clients. We have invested more than $1 billion in distressed communities, financing health centers, community facilities, educational services, small businesses creating quality jobs and more. We leverage our expertise to help other organizations (including banks, community development organizations, foundations and investors) make impactful investments through our Partner Services offerings.
NMSC IS AN EQUAL OPPORTUNITY EMPLOYER
Position Summary:
New Markets Support Company (NMSC) is seeking a full-time commercial Loan Servicing Manager to oversee the day-to-day responsibilities of the loan servicing department for New Markets Support Company, which services more than $1 B in loans for itself and its clients. The manager will be responsible for training, mentoring and supervising staff, as well as a full range of loan servicing functions, including monitoring control reports, reconciling loans and investigating exceptions. They will on-board loans, invoice borrowers and process loan repayments, as necessary. The Loan Servicing Manager will be the primary escalation point for client service issues, addressing customer and borrower inquiries, and ensuring timely response to field requests for information, actions and documents.
Responsibilities:
Primary Objective: The most important performance objective is ensuring the team delivers high quality service to our clients and internal partners through the timely and accurate completion of loan servicing processes. This is both a team and an individual objective and includes ensuring timely and accurate loan onboarding and set-up, borrower invoicing, payment processing, loan reconciliations, addressing customer and borrower inquiries and portfolio reporting. The team is new, so this will require developing, mentoring and managing staff to a high standard.
Secondary Objective: Applying loan servicing knowledge and experience to continually improve processes, reduce risks and eliminate errors. The Loan Servicing Manager will need to quickly learn about the various loan portfolios managed, focusing on key similarities and differences in loan structures and processes in order to integrate the servicing of all portfolios and implement process improvements.
Technical Competency: Become expert in our loan servicing software, helping identify current technical gaps and enhancements required to enable integration of additional loan types and to maximize automation wherever practical. Individual will assist in the investigation and selection of new servicing software. Once selected, they will lead the implementation, data conversion and validation, running of parallel systems and managing the “go-live” after system functionality is confirmed.
Address Problems & Make Improvements: This individual will manage loan servicing staff that are closest to the details and intricacies of each individual loan and loan type we service. Successful candidates will use their management skills and their knowledge and loan servicing experience to help staff identify, understand and fix issues with specific loans or loan types, incorporating these fixes into the overall process to avoid recurrence. Problem identification and solving, pro-active communication and taking action, with feedback from management, to resolve issues will be essential.
Tenacity & Conflict Resolution: The deliverables of the department are time driven based on metrics set by the client and management and hitting these metrics to a high standard are critical to our client’s satisfaction. This requires clear focus on the roadblocks negatively impacting deliverable dates and resolving issues as quickly as possible to avoid process delays. These issues aren’t always in our control and often require expedient follow-up and follow through to resolve.
Personality & Interpersonal Skills: This is both a management role and a customer facing role that will reflect our product and services to clients. This individual will interact with internal team members and external clients regularly to resolve servicing related issues and to improve the overall service delivery and day to day processes.
Requirements:
The ideal candidate for this position has a bachelor’s degree in finance or accounting and a minimum of four years’ experience in commercial loan servicing operations and two years in a management or supervisory role. We will consider a combination of education and experience for the right candidate. The candidate enjoys solving problems, making process improvements and developing a new team, leading by example by being highly engaged and through empowering the team to deliver on Company objectives. The ability to prioritize personal and team workload is essential. The candidate should possess excellent customer service skills, with the desire to over-deliver to clients, and experience working with various loan types and terms. Strong technical skills, including knowledge of loan servicing software and the use of Excel pivot tables, are highly desired.
Compensation:
We offer a competitive salary, along with a comprehensive benefits package.
How to Apply:
Submit resume and cover letter with salary requirements via email to rhall@nefinc.org.
Background:
The Federal Home Loan Bank of San Francisco is a cooperative, wholesale bank that helps meet community credit needs by providing readily available, competitively priced credit products and services to member financial institutions through all phases of the economic cycle. Our members include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada.
Position Summary:
Manages a team of employees who monitor Affordable Housing Program (AHP) funded projects and ensure compliance with regulatory requirements and Bank policies. Recommends and implements corrective action in resolving noncompliance. Initiates and implements policy and procedural changes as they relate to the current AHP regulations and future amendments.
Responsibilities:
Major Accountabilities:
Manages the review process for confirming that all AHP projects have met their application commitments. Includes analysis of development and operating budgets of completed projects to confirm feasibility and need for AHP funds. Includes review of tenant income qualification and other documentation of project scoring commitments. Acts as a final decision maker in all initial AHP project reviews and on periodic long-term income-qualification reviews for select projects.
Manages the resolution of non-standard compliance matters in collaboration with Community Investment Department (CID) managers. Includes negotiation with project sponsors and member financial institutions when repayment of AHP subsidy is required.
Manages the employment, promotion, employee performance evaluation, training, motivation, counseling, and discipline of four CID team members.
Produces accurate monthly reports on noncompliant projects and other departmental issues.
Develops and implements risk management strategies and controls related to AHP compliance.
Prepares and reviews materials for presentation to the Affordable Housing Advisory Council and relevant committees of the Board of Directors.
Provides key support during Federal Housing Finance Administration (FHFA) examinations by responding to FHFA questions and other assigned tasks.
Scores, evaluates, determines eligibility, financial feasibility and need for subsidy of applications submitted in the annual competitive application rounds. Recommends applications for approval.
Provides technical assistance to member financial institutions and project sponsors, including quarterly compliance webinar trainings and individual project assistance. Participates and assists in planning Bank-sponsored webinars, workshops, conferences, or other events. Actively represents the Bank at meetings, public speaking engagements, and community-sponsored events.
As needed, manages the process of developing or modifying policies and procedures to keep up with the evolution of the affordable housing industry and complementary housing programs. Begins with internal consensus building, leads to possible Implementation Plan changes or requests for regulatory interpretation, and concludes in communication of changes to outside parties.
Assists the Bank in achieving its mission-related goals, including research into potential community investment programs, scoring criteria, program design, and work related to fulfilling the Bank’s Community Lending Plan initiatives.
Participates in the establishment of department goals and implementing procedures and performance standards to achieve these goals.
Works collaboratively with the CID team to ensure all programs are effective and efficient.
Performs site visits and other tasks as requested by management.
Skills/Knowledge:
Bachelor’s degree in Business Administration, Economics, Political Science, Public Policy, Urban Planning, Community Development, a related field or equivalent education required.
Five to Seven years experience in affordable housing asset management or development within a financial institution or affordable housing developer with two years in a supervisory or lead role, or equivalent work experience.
Preferred knowledge of Affordable Housing Program (AHP) and monitoring requirements and the Low Income Housing Tax Credit (LIHTC) program.
Must have an ability to analyze development budgets, operating pro formas, financial statements, cost certifications; familiarity with loan documents, subordination agreements, soft loans, and affordability retention and recapture mechanisms.
Excellent communication skills both oral and written with strong analytical and problem solving skills.
Demonstrated proficiency using Microsoft Excel and Word required.
Must be detail-oriented and able to analyze, apply, interpret and communicate policies, procedures and regulations effectively.
Able to take initiative in fast-paced work environment and able to interface with all functions at all levels both within and outside of the organization.
Requirements:
Bachelor’s degree in Business Administration, Economics, Political Science, Public Policy, Urban Planning, Community Development, a related field or equivalent education required.
Five to Seven years experience in affordable housing asset management or development within a financial institution or affordable housing developer with two years in a supervisory or lead role, or equivalent work experience.
Preferred knowledge of Affordable Housing Program (AHP) and monitoring requirements and the Low Income Housing Tax Credit (LIHTC) program.
Must have an ability to analyze development budgets, operating pro formas, financial statements, cost certifications; familiarity with loan documents, subordination agreements, soft loans, and affordability retention and recapture mechanisms.
Excellent communication skills both oral and written with strong analytical and problem solving skills.
Demonstrated proficiency using Microsoft Excel and Word required.
Must be detail-oriented and able to analyze, apply, interpret and communicate policies, procedures and regulations effectively.
Able to take initiative in fast-paced work environment and able to interface with all functions at all levels both within and outside of the organization.
The Federal Home Loan Bank of San Francisco is an Equal Employment Opportunity employer and is committed to a diverse workforce. We value and actively seek to recruit, develop, and retain individuals with varied backgrounds and experiences reflecting the full diversity of the communities that we serve. It is the policy of the Bank to comply with all applicable laws concerning the employment of persons with disabilities.
Compensation:
DOE
How to Apply:
To apply, please click on the following link:
https://fhlbsf.wd5.myworkdayjobs.com/en-US/FHLBSF/job/333-Bush-St-Suite-...
Background:
Organization
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. For more than 40 years, our dedicated staff and active board, motivated by our core values: leadership, collaboration, commitment, quality and integrity, have helped effect positive change in rural communities across the West.
Community and Environmental Services
RCAC’s comprehensive community and economic development services support rural communities to create a vision, set goals and implement an action plan for community development projects. The Building Rural Economies (BRE) initiative trains and builds community support for entrepreneurial development based on local resources and supply chains. BRE builds the capacity of local sponsoring organizations to network, plan and implement economic development initiatives in rural communities.
Position Summary:
Position Description
The Rural Development Specialist (RDS) will assist the BRE team with the expansion of our rural economic development initiative. Major responsibilities include, but are not limited to: work with rural communities to identify and develop strategies that lead to new economic opportunities; work with small rural communities to build and implement wealth building strategies using the BRE program’s training and technical assistance curriculum.
Responsibilities:
Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Duties and responsibilities include, but are not limited to:
• Provide training, technical assistance and coaching to small rural communities within the RCAC footprint to identify and implement economic opportunities for a place-based entrepreneurial culture
• Assist communities to build leadership, entrepreneurial and economic development networks
• Facilitate local planning and leadership development programs
• Provide training and technical assistance to small rural communities to develop and submit federal, state and private applications to fund local economic and community development goals
• Assist communities to identify and secure resources for sustainable operations
• Work with BRE staff to develop tools and resources to cultivate local entrepreneurship; support community work plan development and implementation; and provide research and writing support for market studies, feasibility analysis, project financing, and business plans.
• Assist small rural communities to finance new small businesses and community facilities through RCAC’s Loan Fund
• Perform other tasks as assigned
Requirements:
Skills and Qualifications
• Knowledge of economic development networks
• Knowledge of principles of adult learning
• Knowledge of program development and grant writing using an outcomes framework
• Knowledge of performance management principles
• Ability to think and talk from a business perspective
• Ability to talk to business people and communities outside RCAC’s regional footprint about economic development
• Ability to build teams and establish trust
• Proficiency with computer software including Microsoft Office Suite
• Ability to effectively listen and communicate, verbally and in writing
• Ability to work with minimum supervision and handle multiple priorities simultaneously
• Ability to organize and prioritize work to meet established timelines
• Ability to use good judgment, both independently and as part of a team
• Ability to provide high quality customer service
• Ability to perform research and analysis
• Ability to facilitate meetings
• Ability to develop and conduct participant-centered trainings
• Ability to analyze business/operation systems and organizations
• Ability to use initiative to troubleshoot and problem solve
Physical Job Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable persons with disabilities to perform the essential functions.
Work performed in an office requires ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)
While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.
The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.
This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.
Preferred Education and Experience
A combination of experience and education is required to qualify for the position.
A typical qualifying combination would be:
Experience:
Three years of applicable experience in community economic development. Experience in project management. Experience in training, facilitating and mediating community programs/projects is highly desirable. (If a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year).
Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).
Special Requirements
Possession of a valid driver’s license and proof of insurance that meets the minimum requirements ($100,000/$300,000) of RCAC corporate liability policy will be required when traveling for business purposes.
Compensation:
Our compensation philosophy:
We are looking for mission-driven change makers who share our vision. Starting salaries are negotiable based on job responsibilities and your experience. We consider the need to attract and retain qualified, competent and motivated employees when determining our compensation and benefit packages to ensure that they are competitive.
How to Apply:
Please apply online at https://www.rcac.org/careers/
Background:
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access – creating anchors that attract investment over the long term and help families lead healthier, more productive lives.
Position Summary:
The Executive Assistant (EA) provides executive level administrative support to the Chief Executive Officer, senior executive leaders, and Board and Committee members. The EA serves as the primary point of contact for internal and external constituencies on all matters pertaining to the Executive Office. The EA will work collaboratively and demonstrate a high level of professionalism and confidentiality as they effectively interact with senior staff, Board members, external constituents and all levels in the organization. The EA must be confidential, exercise good judgment and remain composed in a variety of pressure-filled situations.
This role will also serve as a professional role model and resource to other administrative assistants as they perform their jobs and manage multiple priorities in a fast-paced, results-oriented environment.
The EA must possess respectful verbal and strong written communications skills and have ability to work independently. The EA will leverage systems-oriented thinking skills and the use of technology to continuously improve processes and build efficiencies.
Responsibilities:
Essential Duties and Responsibilities
• Performs a broad variety of administrative tasks for the Chief Executive Officer, such as managing all scheduling and details related to the calendar of appointments, preparing agendas, arranging detailed travel plans and itineraries. Compile all documents in preparation of meetings and travel-related meetings.
• Hospitality: Organize catering and room set up/break down for a variety of recurring meetings/ events held across the organization.
• Support coordination of Board events, including:
o Assist in travel and meeting logistics for Board members, their Committees and other advisory panels, including hotel and restaurant reservations.
o Answer questions related to and help process any expense reimbursements for Board members.
o Organization of, and reservations for Board dinners.
o May assist with dissemination of materials (i.e. Board packets, Committee Agenda & Materials, Conflict of Interest statements, etc.), recording of Conflict of Interest statements and taking meeting minutes as needed by the Corporate Secretary.
• Maintain discretion and confidentiality in relationship to Board members and business matters of Reinvestment Fund.
• Take minutes of departmental meetings and working groups across the organization as requested.
• Provide administrative support, scheduling and calendar management to senior Executive leaders.
• Collect expense documentation and process expense reports from senior leaders as requested.
• Support HR in scheduling events such as quarterly all staff meetings, and issue area meetings.
Requirements:
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty. The requirements below are representative of the minimum range of knowledge, skill level, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience
• Minimum of seven (7) years administrative experience supporting C-suite executives preferably in an entrepreneurial organization.
• Bachelor’s degree in related field and/or combination of education and experience preferred.
• Experience with board level interaction and support required.
Skills
• Proficient in Microsoft Word (Word, Excel, PowerPoint), Outlook, social media web platforms.
• Experience with meeting scheduling software and SharePoint required.
• Excellent organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail.
• Proven ability to handle confidential information with discretion, be adaptable to various competing demands and demonstrate highest level of customer/client service and response.
• Strong interpersonal skills and ability to build relationships with stakeholders including staff, Board members, external partners and customers.
• Effective written and verbal communications skills.
• Demonstrated proactive approaches to problem-solving with strong decision-making capability.
• Resourceful and mature team player with ability to work independently and jump in as needed with other team members.
Core Competencies
The EA provides support for the Executive team acting with minimal supervision, anticipating needs while managing the day-to-day workflow and prioritizing various projects.
• Verbal & Written Communication
• Organizational Skills
• Time Management
• Detail-Oriented
• Anticipates Need
EXPECTATIONS FOR ALL EMPLOYEES
Supports Reinvestment Fund’s mission, vision, and values by exhibiting the following competencies: Commitment to Reinvestment Fund, ethical behavior/integrity, and respect for coworkers, Reinvestment Fund boards and committees, investors and borrowers, and clients.
Compensation:
Reinvestment Fund offers a competitive salary based on experience and skills, including participation in the Company’s performance plan as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care, and transportation), tuition reimbursement, generous paid time off, and EAP program. As part of its professional development program, the company pays for CPE credits and time off to attend classes as required by its professional staff.
How to Apply:
Complete the online employment application available on our website at www.reinvestment.com. Please attach your resume and a cover letter which includes your salary requirement.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this
Background:
As a full-service Community Development Financial Institution (CDFI), Cinnaire Lending works with socially conscious investors and mission focused organizations to create out-of-the-box lending options to support housing and community development work. Our approach is based on nurturing partnerships and the ability to leverage donor and investment money and combine it with larger sources of capital.
Position Summary:
The President, Cinnaire Lending is responsible for overseeing the lending operations of a diversified nonprofit lending company, which includes affordable multifamily rental housing lending and Community Development Financial Institutions (CDFI) lending. This leader oversees originations and all operational areas supporting the lending business, including underwriting, closing, portfolio management and loan servicing. We are seeking an experienced leader in the lending field to oversee the growth and operations of our lending company.
Responsibilities:
1. Build a cohesive team supporting a diversified nonprofit lending company.
2. Establish clear policies governing all areas of the origination and portfolio management process.
3. Lead Cinnaire’s origination strategy for the lending business, partnering with the EVP Business Development.
4. Oversee the development/management of credit policies for the loan business.
5. Oversees the budget and ensures resources are properly allocated.
6. Directs the allocation of resources to deployment on loans.
7. Directs and leads the team to achieve the priorities articulated in the Strategic Plan.
8. Develops and maintains relationships with funding sources.
9. Develops and maintains relationships with Board of Directors.
10. Reports to Cinnaire Lending Board of Directors and Cinnaire Executive team on performance related to goals and strategies.
Requirements:
Qualifications:
• Minimum of ten years of experience with a lending company involved in affordable housing or community development lending, the majority of which should be in a senior role managing major aspects of the business.
• Experience managing a lending business.
• Background in real estate finance.
• Experience working with CDFI related programs.
• Strong network in the affordable housing and/or community development fields.
• Minimum Bachelor’s degree from accredited university (finance, accounting, or real estate preferred).
• Demonstrated leadership skills.
• Excellent written and oral communication skills.
Competencies:
• Leadership Development: Coaches and develops others by seeking to understand their strengths and development needs.
• Resource Optimization: Applies knowledge of internal structures and existing talent to accomplish goals.
• Customer Focus: Stays ahead of customer needs and uses insight to develop new or modify current client services.
Travel Required: Estimated to approximate 20%
Compensation:
Cinnaire offers a competitive compensation package.
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided $8.5 billion in financing to 159,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending. Through its credit union network, Self-Help serves over 150,000 people in North Carolina, California, Chicago, Florida, Wisconsin, and South Carolina. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
California as the Senior Manager, Development, Policy and Impact. This newly created position will lead the work of the Development, Policy and Impact (DPI) team in California, manage California-based staff and represent the national DPI team as a Team Leader at Self-Help Federal Credit Union (one of Self-Help’s four principle organizations.) The work of the DPI team includes:
• Development -- raising and managing grants, deposits and other impact investments,
• Policy -- building relationships with and representing Self-Help and its views with peers, partners and policymakers.
• Impact -- understanding, analyzing and using the data generated by our work to communicate our impact to stakeholders.
The Senior Manager, DPI will also participate in the strategic planning and execution of DPI activities that support Self-Help’s work nationally, working in close collaboration with executive leadership at Self-Help Federal Credit Union in California, DPI leadership in North Carolina, and colleagues across the country. Consistent with Self-Help’s “player/coach” model, the Senior Manager will lead, manage and participate directly in the organization’s DPI work.
Responsibilities:
• Supervise the California-based members of the DPI team, (currently 3);
• Coordinate team management with Durham-based DPI leadership and Self-Help Federal California-based leadership.
• Oversee the hiring and development of California DPI staff.
• Lead the development of, and ensure the achievement of, the strategic plan that informs the setting of goals, distribution of responsibilities, and selection of primary targets for development efforts. The focus will be on California-based activities, but will also include support for Self-Help operations in the Midwest (Chicago and Milwaukee) and across our national footprint;
• Contribute actively to the DPI teams’ efforts to prospect for, cultivate, and write major grant and investment proposals;
• Identify funders that have significant overlap in geographic and thematic interests and work to cultivate relationships with key staff members (program officers, directors, board members, etc.) to lay the groundwork for future proposals and other collaboration;
• Provide guidance and support in the stewardship of existing grants, investments and deposits and a more direct role in the management of some of our most critical funding relationships;
• Support branches and branch leadership in their efforts to raise and steward mission supportive depositors;
• Manage the cultivation of individuals, families and organizations with the potential to make large investments; and
• Develop, monitor and support communications used by DPI staff members to recruit, steward and report to funders.
• Coordinate with all of our organizational community development strategies to develop and engage partners and allies within the communities we serve.
• Specifically engage with the credit union industry and CDFI community to help Self-Help collaborate effectively in both our development and policy work
• Coordinate collaboration strategies with California leaders and staff in our research and policy affiliate, the Center for Responsible Lending; and,
• Raise the visibility of Self-Help and create learning and programmatic opportunities, by speaking and participating at local, state, and national meetings, conferences, peer exchanges and other gatherings.
• Support the teams’ efforts to continually improve our methods and systems for measuring the impact of our work and strategies for effectively communicating our impact both internally and externally.
• Oversee and support successful funder reporting activities for which California DPI staff are responsible.
Requirements:
• Bachelor’s degree (or relevant additional work experience.) Advanced degree/certification a plus.
• At least 10 years’ experience in financial services, community economic development, social justice and/or other related fields
• At least 5 years’ experience in nonprofit management, preferably with responsibility for development activities – fundraising, capital raising, client development, grant writing, etc.
• Demonstrated success in managing staff.
• Salesforce or other CRM experience.
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that strongly prioritize teamwork and collaboration.
• Data analysis skills and experience, particularly related to housing, financial services, asset building or economic development programs.
• Proficient with MS Office Suite (Word, PowerPoint, SharePoint). Advanced/Intermediate skill level with Excel.
• Excellent writing, editing and verbal communication skills.
• Good quantitative skills; excellent interpersonal skills (in person and on the phone); flexible and team player.
• Ability to build and/or expand networks and referral sources that support the work of DPI and other teams.
• Ability and willingness to travel and work evenings and weekends.
Physical Requirements:
Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 40 pounds.
Compensation:
Competitive nonprofit compensation, based on experience, plus a generous benefits package.
How to Apply:
http://bit.ly/2wN7Gj5
Background:
Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided $8.5 billion in financing to 159,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending. Through its credit union network, Self-Help serves over 150,000 people in North Carolina, California, Chicago, Florida and South Carolina. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
Self-Help has an exciting opportunity for an entrepreneurial Real Estate Development professional to build out this new line of business for Self-Help in California. The Director of California Real Estate Development will help envision and lead our community-based real estate development work in the state. Building capacity to expand community-based real estate development activity, in close coordination with our well-established branch network serving generally underserved populations in the state, is a strategic priority for Self-Help. The successful candidate will build and manage a small group of project management staff to identify, analyze, and execute real estate development projects. Projects may be in partnership/collaboration with Self-Help Federal Credit Union (SHFCU) branch development efforts (two are currently underway). Future projects could include additional SHFCU collaboration or independent commercial and mixed-use projects, neighborhood revitalization, affordable housing, and more.
This role requires flexibility and effective coordination with the Self-Help Real Estate Team in North Carolina, the California-based project management team directly supervised, California executive leadership, and California retail staff. The position will be based in Oakland, CA; other locations in CA may be considered.
Responsibilities:
• Develop and execute projects – both directly managed by the position itself and by supporting project management staff’s own leadership.
• Assist Real Estate Team Leader (NC based) and California executive leadership in developing and implementing project selection strategies and systems.
• Seek new business opportunities in accordance with Real Estate Team and organizational goals, strategies, and mission. For California real estate work, define project scope, goals and deliverables that support Self-Help’s organizational and Real Estate Team goals and mission.
• In coordination with project management staff, assess project feasibility—financial, mission, political, community, etc.
• Create initial project sources/uses budget and proforma and conduct feasibility assessments for new opportunities.
• Monitor project performance against schedules, resources, scope changes, budgets and project and deliverable quality.
• Support—directly or through management of staff responsible for the effort--routine project reporting and documentation to include status, open issues, resource and schedule detail using appropriate tools.
• Proactively manage changes in project scope, identify potential challenges and devise contingency plans.
• Hire, develop, motivate, and mentor project management staff to help them achieve individual expectations and deliverables through leadership, coaching and direction.
• Actively identify and address opportunities for process improvement. Lead or participate in process improvement initiatives and promote the sharing of best practices.
• Act as a change agent to drive Self-Help’s economic inclusion initiatives by integrating supplier diversity and the use of businesses owned by women and people of color in third party contracting and vendor management for relevant products and services.
• Provide leadership and expertise on projects as needed.
Requirements:
• Bachelor’s degree or equivalent relevant experience. Master’s degree in business administration, planning, public policy, law or a related field is a plus.
• Minimum of 8 years’ experience in real estate development. Other relevant management, finance or similar experience can be a partial substitute.
• Significant experience in project management for real estate developments, either residential or commercial, with an emphasis on community-based real estate projects, a significant plus.
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that place priority on teamwork and collaboration.
• Specific knowledge of the financing of affordable housing and/or commercial real estate development, as well as public-private partnerships and philanthropic funding sources.
• Demonstrated success in managing staff.
• Deep understanding of real estate financing concepts and practices.
• Excellent written and verbal communication skills and ability to effectively engage others and present information and respond to questions from groups and/or individuals.
• Strong project management skills with the ability to initiate, juggle, and lead multiple projects to meet goals, objectives, and deadlines.
• Demonstrated interest in, and commitment to, supplier diversity.
• Ability to form and maintain strong relationships with internal and external customers through providing excellent customer service and follow-up.
• Ability to think strategically and manage multiple initiatives.
• Ability and willingness to travel at least 25% within CA, to North Carolina, and elsewhere as needed
Desired Qualifications:
Knowledge of and experience with community-based real estate-related financing programs, such as HUD financing programs/products (HOME, CDBG, NSP), LIHTC, New Markets Tax Credits, and Historic Tax Credits a plus.
Physical Requirements:
Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 40 pounds.
Compensation:
<p>Competitive salary, based on experience, plus a generous benefits package that includes health, dental, life insurance, flexible spending plan, retirement plan, paid parental leave, and domestic partners policy.</p>
How to Apply:
http://bit.ly/2VXk2jf
