Background:
-
Position Summary:
The Seminar Network seeks a Financial Analyst to provide advanced financial analysis and decision-making guidance for the Charles Koch Institute, Charles Koch Foundation, and Stand Together, partner organizations of The Seminar Network.
Responsibilities:
- Provide financial analysis of organization's activities including revenue and expense reporting and program analysis.
- Actively participate in budgeting, forecasting, and variance analysis of monthly financials.
- Develop and maintain dashboards with both financial as well and KPI data providing internal customers with trends and key insights used for strategic decision making and driving performance.
- Collaborate with systems analysts to develop and maintain systems to house data and models for analysis.
- Consult with team leaders on leveraging financial information for better decision-making.
- Prepare presentations on potential projects for stakeholder review.
- Actively participate in brainstorming sessions to help identify and refine alternatives to capture highest-value opportunities and projects.
- Collaborate with internal and external teams to demonstrate the importance of identifying measurable outcomes for project assessment.
- Maintain 100% compliance with applicable laws, regulations, and industry standards.
Requirements:
- Bachelor's degree in accounting, finance, or economics
- Advanced Analytical experience
- 3-5 years of experience in finance or business intelligence related role
- Working knowledge of financial terms, concepts, and valuation methodologies
- Proven experience identifying and assessing alternatives
- Strong working knowledge of Microsoft Office Suite, Power user of Excel
- Ability to build and maintain relationships with external clients, team members, and other capabilities within the organization
- Strong written and verbal communication skills
- Ability to take initiative, work independently and collaboratively in a fast-paced environment while integrating a high degree of attention to detail and organization
- Appreciation for free market ideals and principles of limited government
Apply Here: http://www.Click2Apply.net/5t8y739m9bmkw5vf
PI101622671
Compensation:
DOE
How to Apply:
Apply Here: http://www.Click2Apply.net/5t8y739m9bmkw5vf
Background:
PIDC is Philadelphia’s public-private economic development corporation. Our mission is to spur investment, support business growth, and foster developments that create jobs, revitalize neighborhoods, and drive growth to every corner of Philadelphia. We offer flexible financing products, a targeted portfolio of industrial and commercial real estate, and decades of Philadelphia- based knowledge, to help our clients invest, develop, and grow throughout the city of Philadelphia.
Over the past 60 years, PIDC has settled over 7,150 transactions with a diverse range of clients – including more than $16 billion of financing and more than 3,200 acres of land sales – which have leveraged over $28.6 billion in total investment and assisted in retaining and creating hundreds of thousands of jobs in Philadelphia. Its direct loan and managed third-party portfolio at year-end 2017 was more than $545 million, representing 475 loans. For more information, please visit: www.pidcphila.com.
Position Summary:
PIDC offers a range of financing products to businesses, developers, and non-profits of all sizes representing a diverse array of sectors throughout all neighborhoods of Philadelphia. PIDC’s lending activity is managed by the Financial Services Group; guided by a risk rating system, and reviewed and approved by a Loan Committee comprised of PIDC Board members and outside advisors.
PIDC’s Business Lending Team manages the marketing, structuring and approval of flexible financial products designed to support a thriving small business climate in the City of Philadelphia. Financial products include funding for small business needs including lines of credit, working capital, purchase of machinery or equipment, tenant improvements, and real estate renovation and construction.
Responsibilities:
- New business development and relationship management: Develop relationships with existing clients and new prospects to drive new business. Manage prospect identification and research, including targeted sales calls and outreach. Cultivate relationships with key intermediaries to reach prospective clients, such as bankers, accountants, attorneys, and real estate brokers. Represent PIDC for relevant networking, educational, and industry events. Track new contacts, leads, and deals using customer relationship management (CRM) tools. Use data to evaluate success of business development initiatives and adjust strategy accordingly.
- Application intake, review and analysis: Lead clients through the application, approval, settlement and post-closing process for PIDC loans and other resources. Schedule and attend preliminary prospect meetings and provide advice and guidance including indicative size and structure of financing. Assemble application materials, and develop written credit memo including project description, market and financial analysis.
- Approvals and settlement: Present credit memo internally and to PIDC’s Loan Committee. Input and maintain project-related files and data systems in coordination with PIDC Loan Processing. Coordinate client handoff to Loan Processing, Legal and Portfolio Management Groups as the primary contacts for settlement, disbursements and post-closing loan covenant monitoring.
- Administration of Technical Assistance (TA) Resources: Identify needs and opportunities for targeted TA and business support services for existing clients and prospects, i.e. business planning assistance, grant opportunities, referrals to key service providers or other support services, and more. Develop and, as needed, deliver technical assistance programs for PIDC’s clients and key partners, including the City of Philadelphia.
Requirements:
- A Bachelor’s Degree with major course work in, economics, finance, accounting or a related field. Master’s degree is desirable.
- Five or more years of loan sizing, creative deal structuring, negotiation and loan closing experience.
- Prior work-related experience with economic development or social impact lending, as well as traditional and alternative commercial loan programs is desirable.
- Considerable credit and financial analysis experience. Strong analytical ability.
- Expertise with financial statement presentation of for-profit and not-for-profit companies.
- Proficiency in MS Office Suite and Salesforce, or other CRM.
- Strong oral and written communication skills.
- Flexible, self-motivated and strategic thinker.
- Capacity and desire to function in a fast-paced work environment.
- Demonstrated leadership skills and successful track record developing new client business.
- Ability to take ownership of assignments and manage multiple projects simultaneously.
- Knowledge of best practices in small business technical assistance resources.
- Interest in supporting Philadelphia’s thriving business ecosystem.
- A valid driver’s license.
Must be a resident of the City of Philadelphia or willing to relocate within six (6) months of employment.
Compensation:
Depending on prior underwriting experience and education
How to Apply:
Interested candidates should submit a cover letter and resume electronically by Friday, April 27, 2018 to:
Marquis Tavon Upshur, PHR, SHRM-CP
Vice President, Human Resources PIDC
mupshur@pidcphila.com
PIDC is an equal opportunity employer.
Background:
Enterprise is a proven and powerful nonprofit that improves communities and people’s lives by making well-designed homes affordable. We bring together the nationwide know-how, partners, policy leadership and investments to multiply the impact of local affordable housing development. For over 35 years, Enterprise has created nearly 470,000 homes, invested $28.9 billion and touched millions of lives. Join us at www.EnterpriseCommunity.org.
Working at Enterprise
Enterprise employees create opportunities for low-income families to open doors to hope and opportunity. We are committed to growing a talented, mission-driven workforce. We provide competitive salaries; generous Benefits and the chance for personal and professional growth.
Enterprise Community Partners policy is to provide equal employment opportunity to all people without regard to race, color, religion, national origin, age, gender, gender identity or expression, sexual orientation, disability, covered veteran status, or any other characteristics protected by law. We continually seek to build and maintain a workforce that reflects the rich diversity of our country.
Position Summary:
The Director, Capital Solutions role is responsible for identifying and developing scalable capital solutions across the Southeast market by connecting and delivering Enterprise’s entire capital platform.
Working closely with the Market Leader of the Southeast office, the Director will develop business opportunities and support Enterprise’s public and private partners by ensuring a seamless delivery of the entire Enterprise financing platform at both a transaction and programmatic level. This includes supporting transaction origination that leads to lending opportunities for Enterprise’s CDFI and investment activity for its low-income housing, new markets tax credit, mortgage and private equity product lines. The position will also support capital raising efforts as appropriate. The Director, Capital Solutions must be a proven relationship manager with strong business development skills and a good working knowledge of the primary financial tools critical to affordable housing production and broader community revitalization activities. Deep existing business relationships and knowledge of the Southeast region are strongly preferred.
The position reports to the Vice President, Capital Solutions, Enterprise.
Responsibilities:
- Identify capital needs and strategic capital solutions in preserving and producing affordable and mixed income housing, as well as increase and create access and opportunity for better outcomes in health and wellness, economic mobility, education and employment by sourcing financing opportunities intended to yield the stated outcomes.
- Drive lending origination and develop new business opportunities deploying capital in the Southeast - acquisition, predevelopment, construction, leverage lending, bridge and perm - to support a minimum annual $20 MM capital deployed goal.
- With the market team, evaluate the current capital environment to develop annual goals and objectives to deliver capital solutions in the Southeast.
- Support key program areas and priorities of the Southeast market and National Initiatives of Enterprise e.g. SPARCC
- Conduct early stage screening and evaluation of financing opportunities for financial and programmatic feasibility prior to referring transaction to underwriting team
- Support and potentially lead Creative Capital Team response to potential RFPs for innovative capital support of Southeast programs.
- Serve as primary relationship manager with Enterprise customers – lead, track and follow up on financing needs and opportunities.
- Identify new product development in response to customer demand.
Requirements:
- Minimum of seven years of experience in banking, community development finance, real estate development or relevant field.
- Undergraduate degree required.
- Knowledge of the underwriting process for various affordable housing/community development finance programs.
- Ability to confidently and effectively partner with individuals at multiple levels of local and state government to develop affordable housing/community development financing products and programs.
- Experience in the low-income affordable housing sector and knowledge of the affordable housing financing system and community development sector to inform the evaluation of financing opportunities
- Extensive knowledge of real estate transactions and financing tools and services commonly used in the development and financing of affordable housing and community facilities.
- Proven track record of meeting financial and programmatic goals and objectives.
- Ability to analyze data and information to make critical decisions.
- Ability to effectively market all of Enterprise’s products, programs and activities to potential customers.
- Familiarity with competitor product lines and capital delivery systems.
- Proven ability to assess customer needs and define customer requirements to generate innovative solutions.
- Highly motivated, self-starter, able to work independently and solve problems.
- Proven ability to work collaboratively and lead colleagues through effective planning and organizing, decision making, and evaluating, including with colleagues across disparate geographic locations.
- Demonstrated track record of efficient use of fiscal resources.
- Ability to manage multiple projects and assignments, meet tight deadlines, coordinate and communicate effectively among widely-dispersed parties and cultivate new relationships.
- Working knowledge of local and state-wide housing markets and conditions and real estate finance models.
- Excellent oral and written communication skills with demonstrated ability to represent Enterprise’s mission and work in all internal and external forums.
- Ability to travel up to 40% of the time.
Compensation:
DOE
How to Apply:
Apply here.
Background:
Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.
Position Summary:
We are looking for a strong Commercial Credit Underwriter to join our highly motivated commercial lending team. An underwriter can make a difference in the financial analysis of potential new borrowers, existing borrowers, and assisting lenders with the process of closing loans and post-closing maintaining ongoing financial analysis and credit quality. Check out our complete job description and learn more about Craft3 and our benefits at www.craft3.org and www.craft3.org/videos.
As a Commercial Credit Underwriter you can add value to one of our communities in: Seattle, WA, Spokane, WA, Walla Walla WA, Klamath Falls, OR, or Bend, OR.
Responsibilities:
- Provides in-depth analysis of financial statements, projections and business plans. Assesses prospective borrower cash flow to assess loan term options and feasibility.
- Analyzes the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
- Understand complex transactions (multiple entities, multiple funding partners, startups) and can summarize the salient business plan assumptions and the borrower’s ability to implement their plan.
- Analyze loans for a variety of structures and disciplines of lending (fixed asset financing, current asset financing, bridge loans). Recommends and models appropriate loan structure which reflects Craft3 commitment to asset quality.
- Prepare and present to the applicable credit committee an in-depth credit recommendations for new loans, amendments, and renewals.
- Completes ongoing periodic credit servicing of loans within the portfolio including analyzing financial statements and covenant compliance, identifies deteriorating credits
- Effectively and efficiently communicate knowledge and expertise to others (internally and externally).
- Balance multiple projects at one time.
- Coordinate credit pipeline within per assigned lenders
- Seek assistance and insight from others when appropriate.
Requirements:
Experience:
Four to six years related experience and/or training. Equivalent combination of education and relevant business experience may be considered as a substitute for formal education.
- Experience in analyzing project financials, underwriting start-up businesses and community economic development.
- Thorough understanding of the principles of finance, strong math skills, and the ability to identify and resolve complex financial problems are essential.
- Basic computer skills, including Microsoft Word, Excel, and PowerPoint.
- Excellent written and oral communication skills, including a comfort level with public speaking.
- Strong customer relationship management skills.
- Through understanding of the financial planning processes (forecast, budgets and strategic plans).
Compensation:
Salary Range: $53,000 - $87,000/Annually
Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, flexible schedules, wellness program, transportation, and 403B Retirement savings plan with employer match.
How to Apply:
Application is Open Until Filled
Complete the application online at www.Craft3.org/Careers/Jobs
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93270&lang=en_US&source=CC2
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Background:
Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.
Position Summary:
We are looking for a strong Commercial Credit Underwriter to join our highly motivated commercial lending team. An underwriter can make a difference in the financial analysis of potential new borrowers, existing borrowers, and assisting lenders with the process of closing loans and post-closing maintaining ongoing financial analysis and credit quality. Check out our complete job description and learn more about Craft3 and our benefits at www.craft3.org and www.craft3.org/videos.
As a Commercial Credit Underwriter you can add value to one of our communities in: Seattle, WA, Spokane, WA, Walla Walla WA, Klamath Falls, OR, or Bend, OR.
Responsibilities:
- Provides in-depth analysis of financial statements, projections and business plans. Assesses prospective borrower cash flow to assess loan term options and feasibility.
- Analyzes the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
- Understand complex transactions (multiple entities, multiple funding partners, startups) and can summarize the salient business plan assumptions and the borrower’s ability to implement their plan.
- Analyze loans for a variety of structures and disciplines of lending (fixed asset financing, current asset financing, bridge loans). Recommends and models appropriate loan structure which reflects Craft3 commitment to asset quality.
- Prepare and present to the applicable credit committee an in-depth credit recommendations for new loans, amendments, and renewals.
- Completes ongoing periodic credit servicing of loans within the portfolio including analyzing financial statements and covenant compliance, identifies deteriorating credits
- Effectively and efficiently communicate knowledge and expertise to others (internally and externally).
- Balance multiple projects at one time.
- Coordinate credit pipeline within per assigned lenders
- Seek assistance and insight from others when appropriate.
Requirements:
Experience:
Four to six years related experience and/or training. Equivalent combination of education and relevant business experience may be considered as a substitute for formal education.
- Experience in analyzing project financials, underwriting start-up businesses and community economic development.
- Thorough understanding of the principles of finance, strong math skills, and the ability to identify and resolve complex financial problems are essential.
- Basic computer skills, including Microsoft Word, Excel, and PowerPoint.
- Excellent written and oral communication skills, including a comfort level with public speaking.
- Strong customer relationship management skills.
- Through understanding of the financial planning processes (forecast, budgets and strategic plans).
Compensation:
Salary Range: $53,000 - $87,000/Annually
Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, flexible schedules, wellness program, transportation, and 403B Retirement savings plan with employer match.
How to Apply:
Application is Open Until Filled
Complete the application online at www.Craft3.org/Careers/Jobs
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93270&lang=en_US&source=CC2
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Background:
Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.
Position Summary:
We are looking for a strong Commercial Credit Underwriter to join our highly motivated commercial lending team. An underwriter can make a difference in the financial analysis of potential new borrowers, existing borrowers, and assisting lenders with the process of closing loans and post-closing maintaining ongoing financial analysis and credit quality. Check out our complete job description and learn more about Craft3 and our benefits at www.craft3.org and www.craft3.org/videos.
As a Commercial Credit Underwriter you can add value to one of our communities in: Seattle, WA, Spokane, WA, Walla Walla WA, Klamath Falls, OR, or Bend, OR.
Responsibilities:
- Provides in-depth analysis of financial statements, projections and business plans. Assesses prospective borrower cash flow to assess loan term options and feasibility.
- Analyzes the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
- Understand complex transactions (multiple entities, multiple funding partners, startups) and can summarize the salient business plan assumptions and the borrower’s ability to implement their plan.
- Analyze loans for a variety of structures and disciplines of lending (fixed asset financing, current asset financing, bridge loans). Recommends and models appropriate loan structure which reflects Craft3 commitment to asset quality.
- Prepare and present to the applicable credit committee an in-depth credit recommendations for new loans, amendments, and renewals.
- Completes ongoing periodic credit servicing of loans within the portfolio including analyzing financial statements and covenant compliance, identifies deteriorating credits
- Effectively and efficiently communicate knowledge and expertise to others (internally and externally).
- Balance multiple projects at one time.
- Coordinate credit pipeline within per assigned lenders
- Seek assistance and insight from others when appropriate.
Requirements:
Experience:
Four to six years related experience and/or training. Equivalent combination of education and relevant business experience may be considered as a substitute for formal education.
- Experience in analyzing project financials, underwriting start-up businesses and community economic development.
- Thorough understanding of the principles of finance, strong math skills, and the ability to identify and resolve complex financial problems are essential.
- Basic computer skills, including Microsoft Word, Excel, and PowerPoint.
- Excellent written and oral communication skills, including a comfort level with public speaking.
- Strong customer relationship management skills.
- Through understanding of the financial planning processes (forecast, budgets and strategic plans).
Compensation:
Salary Range: $53,000 - $87,000/Annually
Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, flexible schedules, wellness program, transportation, and 403B Retirement savings plan with employer match.
How to Apply:
Application is Open Until Filled
Complete the application online at www.Craft3.org/Careers/Jobs
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93270&lang=en_US&source=CC2
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Background:
Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.
Position Summary:
We are looking for a strong Commercial Credit Underwriter to join our highly motivated commercial lending team. An underwriter can make a difference in the financial analysis of potential new borrowers, existing borrowers, and assisting lenders with the process of closing loans and post-closing maintaining ongoing financial analysis and credit quality. Check out our complete job description and learn more about Craft3 and our benefits at www.craft3.org and www.craft3.org/videos.
As a Commercial Credit Underwriter you can add value to one of our communities in: Seattle, WA, Spokane, WA, Walla Walla WA, Klamath Falls, OR, or Bend, OR.
Responsibilities:
- Provides in-depth analysis of financial statements, projections and business plans. Assesses prospective borrower cash flow to assess loan term options and feasibility.
- Analyzes the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
- Understand complex transactions (multiple entities, multiple funding partners, startups) and can summarize the salient business plan assumptions and the borrower’s ability to implement their plan.
- Analyze loans for a variety of structures and disciplines of lending (fixed asset financing, current asset financing, bridge loans). Recommends and models appropriate loan structure which reflects Craft3 commitment to asset quality.
- Prepare and present to the applicable credit committee an in-depth credit recommendations for new loans, amendments, and renewals.
- Completes ongoing periodic credit servicing of loans within the portfolio including analyzing financial statements and covenant compliance, identifies deteriorating credits
- Effectively and efficiently communicate knowledge and expertise to others (internally and externally).
- Balance multiple projects at one time.
- Coordinate credit pipeline within per assigned lenders
- Seek assistance and insight from others when appropriate.
Requirements:
Experience:
Four to six years related experience and/or training. Equivalent combination of education and relevant business experience may be considered as a substitute for formal education.
- Experience in analyzing project financials, underwriting start-up businesses and community economic development.
- Thorough understanding of the principles of finance, strong math skills, and the ability to identify and resolve complex financial problems are essential.
- Basic computer skills, including Microsoft Word, Excel, and PowerPoint.
- Excellent written and oral communication skills, including a comfort level with public speaking.
- Strong customer relationship management skills.
- Through understanding of the financial planning processes (forecast, budgets and strategic plans).
Compensation:
Salary Range: $53,000 - $87,000/Annually
Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, flexible schedules, wellness program, transportation, and 403B Retirement savings plan with employer match.
How to Apply:
Application is Open Until Filled
Complete the application online at www.Craft3.org/Careers/Jobs
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93270&lang=en_US&source=CC2
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Background:
Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.
Position Summary:
We are looking for a strong Commercial Credit Underwriter to join our highly motivated commercial lending team. An underwriter can make a difference in the financial analysis of potential new borrowers, existing borrowers, and assisting lenders with the process of closing loans and post-closing maintaining ongoing financial analysis and credit quality. Check out our complete job description and learn more about Craft3 and our benefits at www.craft3.org and www.craft3.org/videos.
As a Commercial Credit Underwriter you can add value to one of our communities in: Seattle, WA, Spokane, WA, Walla Walla WA, Klamath Falls, OR, or Bend, OR.
Responsibilities:
- Provides in-depth analysis of financial statements, projections and business plans. Assesses prospective borrower cash flow to assess loan term options and feasibility.
- Analyzes the impact of industry and competitive dynamics and macroeconomic events on the creditworthiness of clients and prospects
- Understand complex transactions (multiple entities, multiple funding partners, startups) and can summarize the salient business plan assumptions and the borrower’s ability to implement their plan.
- Analyze loans for a variety of structures and disciplines of lending (fixed asset financing, current asset financing, bridge loans). Recommends and models appropriate loan structure which reflects Craft3 commitment to asset quality.
- Prepare and present to the applicable credit committee an in-depth credit recommendations for new loans, amendments, and renewals.
- Completes ongoing periodic credit servicing of loans within the portfolio including analyzing financial statements and covenant compliance, identifies deteriorating credits
- Effectively and efficiently communicate knowledge and expertise to others (internally and externally).
- Balance multiple projects at one time.
- Coordinate credit pipeline within per assigned lenders
- Seek assistance and insight from others when appropriate.
Requirements:
Experience:
Four to six years related experience and/or training. Equivalent combination of education and relevant business experience may be considered as a substitute for formal education.
- Experience in analyzing project financials, underwriting start-up businesses and community economic development.
- Thorough understanding of the principles of finance, strong math skills, and the ability to identify and resolve complex financial problems are essential.
- Basic computer skills, including Microsoft Word, Excel, and PowerPoint.
- Excellent written and oral communication skills, including a comfort level with public speaking.
- Strong customer relationship management skills.
- Through understanding of the financial planning processes (forecast, budgets and strategic plans).
Compensation:
Salary Range: $53,000 - $87,000/Annually
Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, flexible schedules, wellness program, transportation, and 403B Retirement savings plan with employer match.
How to Apply:
Application is Open Until Filled
Complete the application online at www.Craft3.org/Careers/Jobs
Copy URL: https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93270&lang=en_US&source=CC2
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Background:
The Organization:
For over 25 years, CSH has been a game-changer for the most vulnerable people in our country:
- Helping communities create 200,000 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 forever;
- nsuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps;
Working for CSH:
If you have a desire to make a difference for people and families we have a place for you. Not only has CSH proven supportive housing works and does change the lives of individuals facing acute disabilities, complex medical and mental conditions, substance use disorders and economic barriers, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for an Asset Manager to support our New Market Tax Credit Program.
Position Summary:
The Corporation for Supportive Housing is seeking an enthusiastic, results-oriented individual. The Asset Manager will ensure compliance with the CDFI Fund’s requirements for the New Market Tax Credit Program. Working with our Loan Portfolio Team, this position is located in CSH’s New York Office.
Responsibilities:
- Ensure program compliance: Collection and review of community impact reporting into CIIS, the annual Community Benefit (CBA) report from QALICBs and the asset management report regarding closed projects for the NMTC Advisory Board, Internal Management and the Board of Directors.
- Ensure project milestones and budget are as underwritten through review of periodic reporting from QALICBs (i.e. monthly draws, quarterly financials) and coordination with the NMTC team, investors and other sub-CDEs as needed on issues relating to compliance.
- Assist with the organization’s NMTC application and in finalizing related allocation agreements.
- Assist with project closings, reviewing the project financial model and key legal documents related to loan servicing, compliance/reporting, and disbursement processes for accuracy; coordinate with Finance to establish and manage sub-CDE general ledgers and bank accounts; and work with external auditors and tax accounts to ensure program compliance at closing.
- Service NMTC Loans, including loan data management, interest, fee and tax payments, and construction draw reviews and approval.
- Prepare all required accounting and financial reporting; coordinate and prepare work papers for annual financial audits, tax department and annual tax filings; and oversee investor reporting.
- Creatively support the NMTC program by identifying solutions, offer ideas for improved systems, assist in the preparation of program budget and expenses, and complete special projects as needed and assigned.
Requirements:
- Successful candidates will be adaptive, entrepreneurial problem solvers with a demonstrated commitment to social justice. CSH seeks candidates driven by strategic thinking, executed with creativity and flexibility, and with an ability to adapt approach, strategy, and tactics rapidly in response to changing information or program needs. It is important to help articulate and strategically pursue new visions and ideas for supportive housing and the role it can play in solving complex problems.
- 3-years minimum experience in asset/portfolio management, project development, and/or non-profit lending. Experience in loan servicing and/or compliance a plus.
- Past experience in reading legal documents and managing compliance and community impact reporting related to public funding sources is desired. Familiarity with community and economic development programs is a plus. Prior experience with New Market Tax Credits is a plus, but not required.
- Candidates must be organized, analytic, detail-oriented, and comfortable working with numbers/data. Excellent written and verbal communication skills are needed with an aptitude for managing multiple assignments and meeting deadlines.
- CSH uses Microsoft Office programs (Word, Excel, Power Point, Access, Outlook) so a mastery of these products is required.
- Prior experience with loan servicing and monitoring software is preferred.
- Bachelor’s degree or equivalent experience of education and experience.
Compensation:
DOE
How to Apply:
Interested in joining our team as a leader in the national supportive housing movement?
All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document. Candidates should apply by clicking on the link below.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=64
Background:
Through capital and commitment, Capital Impact Partners helps people build communities of opportunity that break barriers to success. We deliver strategic financing, incubate new social programs, and provide capacity-building to help ensure that low-to-moderate-income individuals have access to quality health care and education, healthy foods, affordable housing, and the ability to age with dignity. A non-profit community development financial institution, Capital Impact Partners has disbursed more than $2.5 billion to revitalize communities over the past 35 years. Our leadership in delivering financial and social impact has resulted in Capital Impact earning a “AA” rating from S&P Global “AA” and being recognized by Aeris since 2005 for our performance. Headquartered in Arlington, VA, Capital Impact Partners operates nationally, with local offices in Detroit, MI, and Oakland, CA. Learn more at www.capitalimpact.org.
Position Summary:
The Loan Servicing & Loan Accounting (LS&LA) team is looking to fill the position of Loan Covenants Associate to manage our insurance and covenant compliance items. This is an entry level role working under the supervision of the manager of the LS&LA team. This person will perform a variety of duties related to commercial loan and real estate loan documentation, customer relationship management, loan operation systems, and reporting. In addition to managing loan boarding, payoffs, disbursements, reserve and escrow analysis, modifications/file maintenance and customer requests, other information is captured in our loan system for reporting purposes. It is vital to the organization to ensure that all insurance is in force and accurate and all reporting items are current, which allows the company to respond to auditors and investors with timely submissions.
Responsibilities:
- Renew insurance certificates for an estimated 400 loans each having 2-3 recurring insurance certificates (3 to 8) requirements per loan. Requires bi-monthly mailings to borrower and insurance agents and following up via phone calls on any outstanding items. Items received have to be satisfied in Process Manager and sent to the Document Specialist to scan into E-file Cabinet.
- Follow-up on all outstanding covenant items – Each loan carries an estimated 5 to 10 recurring reporting items.
- Act as liaison between the Portfolio Management and Loan Servicing for insurance renewals and covenant reporting items.
- Set up and track in McCracken any forced place insurance reimbursement.
- Perform scrubs and conversion of data to new compliance module in McCracken portal.
- Perform loan level administrative task.
- Preparation of weekly and monthly reports for team and Portfolio & Construction team for further collection of items in excess of 30 days past due.
- Respond to internal and external inquiries.
- Back-up support to team in processing payments, billing invoices, etc., and other duties as assigned.
- Provides assistance in response to regulatory and internal/external audit requests.
- Participate in team projects where applicable.
Requirements:
- University or College degree required with at least 2 years’ experience working in a commercial bank or insurance industry.
- Knowledge of commercial and real estate lending tracking tools.
- Good oral and written communication skills.
- Must be organized and very detail oriented.
- Must be proficient in Microsoft Word, Excel and Power Point.
- Must have the ability to learn and to use in-house software systems.
- Must have covenant tracking experience.
Compensation:
Depends on the experience
How to Apply:
Please visit the Career Section of our website: https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=1839463
