Industry Job Bank

  • Make an impact and join the opportunity finance field.

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

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

To submit a job listing, please use our online form. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

If you are looking for internships please visit our CDFI Industry Internship Bank.

Loan Associate Baltimore Business Lending, LLC
Baltimore, MD
Job Function: Lending/Loan Operations
Posted: August 2, 2018

Background:

Baltimore Business Lending (BBL) is a non-profit small business lending limited liability company and wholly-owned subsidiary of Baltimore Community Lending (BCL), a certified Community Development Financial Institution (CDFI). The BCL mission is to support the revitalization and strengthening of Baltimore neighborhoods through innovative and flexible financing programs. The Company has a 29 year history of providing construction and development financing to non-profit and for-profit developers of properties in Baltimore City neighborhoods and neighborhood commercial districts. BBL is a natural extension of the BCL efforts to improve access to capital to underserved segments of the Baltimore City community, provide economic opportunity to otherwise credit worthy individuals, and help strengthen and improve the overall Baltimore City economy.  BBL and BCL are Equal Opportunity Employers (EOE).

Position Summary:

Baltimore Business Lending,LLC, is looking for a dynamic individual driven to work with the Director and lenders to assist them in providing capital to new and emerging small business entrepreneurs who are looking to create or expand businesses in Baltimore City and are otherwise creditworthy with the exception of diminished or non-existent collateral or equity to secure traditional financing. This position provides support to the Director and loan officer/s of BBL. The primary function is to assist with the ongoing support of the Director to build out the program, including client relations, scheduling community outreach, assisting in providing client services, directly coordinate the collection of required documents, the preparation of loan closing packages on approved loans, and follow-up documentation as needed. This position requires a significant amount of customer contact. The primary functions of the position are administrative in nature and a successful employee will gain significant professional experience and opportunities to grow in service to Baltimore City and its citizens.

Responsibilities:

Assist the Director with the organizational and project management functions of BBL
Manage the verbal, written and electronic communication with customers and partners of BBL, scheduling of meetings, following up with required documentation as needed.
Compile, and maintain all requisite reports, and provide to the Director for approval in a timely fashion prior to submission to the relevant organizations
Maintaining reports from the LendingFront and other transactional software.
Working with the Finance/Loan Servicing staff in updating and reviewing the servicing of the loans as needed. 
Coordinating with Finance, loan officer/s and Director for the provision of capital for approved loans.  
Assisting the Loan Officers with compilation of information during the application, underwriting and approval process for a loan.
Assisting in the collection of all documentation as required by the loan officer and consistent with normal lending practices. 
Contact customers, when directed, to gather loan application information for review.
Once the loan is approved, assist the Loan officers’ work with partner lenders, and others to assure competent and complete loan closings and all other required items needed for settlement. 
Monitoring, collecting and removing items from the documentation exception list.
Complete all other duties as assigned.

Requirements:

At least five years of experience in the areas of accounting, financial analysis, lending for small business and/or nonprofit organizations. Candidates with loan processing experience are preferred. Experience with small business lending and/or community development lending a plus. 
A minimum of an AA degree is required, with a Finance, Lending, or Accounting concentration preferred. Experience in these fields can be substituted for a specific degree in these disciplines.  
Must possess ability to work in a fast paced environment and maintain a high degree of accuracy.
Must have the ability to enter data in a computer with speed and accuracy; and exhibit good mathematical aptitude.
Must be a confident team member, who is not afraid to offer informed solutions when identified issues and challenges relating to loan program implementation arise.
Must be able to show experience to organize, and be able to perform timely, accurate and comprehensive analyses and detailed reporting.
Proficiency in Microsoft Suite of software, including Word, Excel and Outlook, is required.

Compensation:

Compensation, paid as a salary with benefits, is commensurate with experience and qualifications. The excellent benefits package includes 40lk plan with match, health insurance, life and disability insurance, and paid annual leave.

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to Resume@BCLending.org with “Loan Associate” in the subject line.

Contractor, Project Manager Opportunity Zones Opportunity Finance Network
Washington, DC, DC
Job Function: Project Management
Posted: August 1, 2018

Background:

OFN is a leading national network of CDFIs (community development financial institutions) with offices in Philadelphia and Washington D.C. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.OFN is a leading national network of CDFIs (community development financial institutions) with offices in Philadelphia and Washington D.C. In pursuit of a mission to align capital with social, economic, and political justice, OFN supports its member CDFIs with money, strength, and voice to drive transformational change in underserved communities nationwide.

Position Summary:

Job Term: August 2018 – February 2019

Project Manager will serve as the primary OFN expert on Opportunity Zones with regard to content. This expertise will support the various OFN programs addressing opportunity zones: conference sessions, website content, public policy initiatives, educational resources, etc.

Responsibilities:

The Project Manager will work closely with a cross-departmental group of OFN staff, the project manager will coordinate OFN’s work on Opportunity Zones to include: 

  • Communication and public outreach
  • Educating the CDFI field through events, webinars, and written resources
  • Monitoring developments on the issue and sharing relevant information with OFN staff and key constituencies
  • Managing CDFI Connect Opportunity Zone Group
  • Facilitating connections between CDFIs and potential investors

Requirements:

  • Bachelor’s degree or 7-10 years of work experience, in lieu of a degree
  • 7+ years of work experience in complex project management as well as public affairs or communications.
  • Must possess demonstrated formal writing experience that is strong, analytical, and persuasive in nature. Must have superior editing skills, including ability to convey complex information in a clear manner to a diverse audience with a high attention to detail required.
  • Excellent interpersonal skills, flexibility, and ability to collaborate with other teams within OFN.
  • Experience managing relationships required
  • Knowledge of social marketing and/or political marketing strategies preferred
  • Understanding of community development preferred

Compensation:

TBD based on experiance.

How to Apply:

For more information, or if you are interested in the position, please send your cover letter and resume to:

 

Jennifer Vasiloff

Chief External Affairs Officer

Opportunity Finance Network

 

jvasiloff@ofn.org

202-573-2123

Fund & Program Operations Senior Specialist Capital Impact Partners
Arlington, VA
Job Function: Lending/Loan Operations
Posted: July 30, 2018

Background:

ABOUT THE ORGANIZATION
 
Through capital and commitment, Capital Impact Partners (Capital Impact) 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 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  operates nationally, with local offices in Detroit, MI, and Oakland, CA.

 

Position Summary:

Capital Impact seeks a Fund & Program Operations Senior Specialist to strengthen its Fund & Program Operations team. The Fund & Program Operations Senior Specialist will accurately analyze, calculate and determine distributable amounts for New Market Tax Credits (NMTC) deals and programs, remit funds to investors, partners or lenders. In addition, the Fund & Program Operations Senior Specialist will assist in various aspects of NMTC and program reporting and compliance requirements. Participate in meetings regarding new programs, review program documents and help to establish processes and procedures from an operational perspective using program/fund documents.

Responsibilities:

Responsibilities will include:

  • Review and understand deal documents and work with the Manager, Fund & Program Operations to develop the operational structure of transactions
  • Monitor established NMTC portfolio for incoming payments, resolve payment issues timely for all levels of the transaction
  • Prepare and submit wires timely with backup support in accordance with procedures to the Treasury Department for payments to investors/lenders
  • Identify challenges and issues to help improve the operational systems, processes and policies for the established deals
  • Serve as a liaison to other teams to share information, documentation or decisions made regarding functions performed
  • Regularly review and understand the financial component of the programs to identify issues
  • Once the program is closed, oversee and verification of all cash movement for CIP and investors under the guidance and approval of Manager
  • Assist in the preparation of Community Development Entity Compliance Certifications for equity investors for NMTC transactions

Requirements:

Qualifications and Educational Requirements:

  • Bachelor’s degree required in Business Administration, Finance and/or related degree
  • A minimum of 5-10 years of experience working in a commercial bank or related industry
  • Fundamental working knowledge of business concepts, practices and procedures with the ability to apply in varied situations
  • Experience with developing detailed schedules including tasks, accountabilities and deadlines
  • Candidates should have strong oral and written communication skills
  • Candidate should be organized and very detail-oriented
  • Proficient in Microsoft Word and Excel.
  • Willingness to learn and use in-house software systems.

**Note: Capital Impact will not sponsor working Visa for candidates.**

Compensation:

$69,360 - $86,700

How to Apply:

https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=2083205&B_ID=91

Loan Servicing/Loan Accounting Manager Capital Impact Partners
Arlington, VA
Job Function: Lending/Loan Operations
Posted: July 30, 2018

Background:

Capital Impact Partners transforms under served communities into strong, vibrant places of opportunity. As one of the largest certified Community Development Financial Institutions in the country, we have a 30 year history of delivering strategic financing, social innovation programs and capacity building that create social change and deliver financial impact nationwide. To date, Capital Impact Partners has used its depth of experience, cooperative approach, and network of alliances to invest more than $2B in opportunities that create a high quality of life for low income individuals and communities across the country, including access to high-quality healthcare, education, healthy foods, housing, and eldercare. We draw on our shared values of cooperation, commitment, leadership, innovation, trust, and diversity as we work to redefine how innovation can create opportunities for under served Americans.  

Position Summary:

Capital Impact Partners seeks a Loan Servicing/Loan Accounting Manager to strengthen its Community Investment Group. The Loan Servicing/Loan Accounting Manager will oversee the management of the daily Loan Servicing and Loan Accounting team, identify priorities and projects within the team to ensure data quality, efficiency and timeliness of data, as well as the delivery of excellent customer service. In addition, the position will be the primary liaison to Loan Closing, Loan Accounting, Investor Management, Finance and Accounting departments; participate in Disaster Recovery Plan and other various bank wide projects as required. This position requires a high degree of system integrity, transaction accuracy and functionality.

Responsibilities:

SERVICING:

  • Provide oversight and management to Loan Servicing personnel
  • Ensure accuracy and integrity of the loan booking process to ensure that all loans, covenants and insurance are properly added and maintained on the loan accounting system
  • Approve payoffs, loan disbursements and all modifications
  • Manage all processes for delinquencies, charge offs and non-accruals
  • Ensure all customer requests are answered timely and efficiently
  • Understand the importance and significance of the data to be captured in the system and develop exception reports

LOAN ACCOUNTING:

  • All cash handling, cash receipts, payment postings, payoffs, cash reconciliations, cash balancing, escrow processing and general ledger reconciliations
  • Approve loan disbursements/outgoing wires, process fee waiver approvals and approve file maintenance requests
  • Provide oversight and set up of ACH activities
  • Manage the rate change process for loan indexes and ensure timely updates are made in the system
  • Oversee day end processing
  • Participate in loan system conversions, upgrades, etc.
  • Create processes and procedures that influence data integrity and customer service

MANAGEMENT:

  • Maintenance and updates of all loan processes and ensure all staff are properly trained on those procedures
  • Ensure all personnel are properly trained and to make personal growth and team building a high priority within the department
  • Provide direction, guidance and measurement tools to the department to ensure that operations meet benchmarks for turnaround times as defined
  • Work closely with team members on skill development and career planning
  • Develop a trusting and collaborative environment where roles and responsibilities are clear and the team can operate in a highly effective manner
  • Other duties as assigned

Requirements:

  • Bachelor’s degree required
  • 5-7 years in the financial services industry
  • 5+ years in the servicing of commercial and commercial real estate loans that carry complex structures such as New Market Tax Credits (NMTC) and other program requirements
  • 3+ years of management experience, leading a servicing team is a plus
  • Experience servicing for a ranked commercial or real estate servicer preferred
  • Knowledge of servicing an environment where loans carry unusual structures and requirements
  • Familiarity and/or experience with working with loans in the secondary market
  • Demonstrate skills in collaboration, detail-orientation, standards-based, strong communication and flexibility
  • Expertise in the use of loan servicing platform
  • Proficiency with Microsoft Office (particularly Word, Excel and Power Point), McCracken Loan Accounting Servicing system experience is preferred

 

Compensation:

$91,800 - $114,240

How to Apply:

https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=2008215&B_ID=91

Loan Officer California FarmLink
Aptos, CA
Job Function: Lending/Loan Operations
Posted: July 28, 2018

Background:

The mission of California FarmLink is to link independent farmers and ranchers with the land and financing they need for a sustainable future. FarmLink helps farmers to build strong business skills, access fair financing, and establish secure land tenure. For more info: www.cafarmlink.org.

Join California FarmLink’s lending team to support California farmers and vibrant local food systems. 

Position Summary:

The individual in this position will play a key role in the expansion of FarmLink’s agricultural lending as a Community Development Financial Institution (CDFI), nationally unique in its focus on supporting the land and capital needs of next generation farmers. The Loan Officer is responsible for originating, qualifying, underwriting, structuring, closing, monitoring and servicing loans for farmers in California. A key success factor in this position will be the effective delivery of technical assistance and business coaching, as well as referrals to professionals and service providers that can support business success. We seek candidates that represent the diversity of the communities we serve, and strongly encourage you to apply.

Responsibilities:

Business Development and Origination
Build on your existing network to expand FarmLink’s reach into diverse agricultural communities across the state to identify farmers that face barriers to accessing capital
Cultivate relationships that are synergistic with FarmLink’s mission, and provide an efficient pipeline of high quality deal referrals that fit our target market  
Generate repeat business and receive borrower referrals
Screen potential loan applicants for eligibility
Conduct high-level financial analysis of applicant businesses to determine likelihood of approval, and appropriate loan structure
Provide loan readiness and credit management technical assistance to prospective borrowers, and refer to internal/external service providers as needed
 
Lending
Contribute to FarmLink loan production goals, primarily through small business and real estate lending, with loans typically in the range of $100,000 – $1.4 Million
Manage lending relationship with borrowers
  • Collect loan application and supporting documentation from applicants
  • Help borrowers be successful by providing business coaching and making referrals to internal/external service providers as needed
  • Monitor your portfolio for quality and performance, which will include support to manage delinquencies and collections, compliance with loan covenants, adjusting risk ratings quarterly, and restructures
Underwrite and make loan recommendations on commercial agricultural loans 
  • Analyze financial information to assess business viability, repayment capacity, credit quality and document risk factors and mitigations  
  • Conduct research to obtain information necessary to complete underwriting
  • Prepare written analyses
  • Present loan requests to FarmLink Loan Committee
Work with Loan Operations staff to prepare closing documents, schedule and conduct closings
Understand market needs and partner with internal and external stakeholders to develop new loan products as necessary to meet lending and impact goals 
 
Risk Management and Policy
Partner with and support Loan Operations staff to achieve program goals around loan performance and risk management
Develop deep knowledge of FarmLink’s lending policies
Identify and implement lending and servicing policy improvements
 
Capacity Building/Other
Support Director of Lending in achieving all program goals, which may include projects in evaluation, investor relations and reporting, fundraising, communications, loan operations, or other areas 
Support FarmLink group education curriculum development and delivery as time allows
Train new staff
Participate in professional development opportunities to grow knowledge and skills to carry out position responsibilities and support FarmLink’s mission

Requirements:

A minimum of two years relevant lending experience at a CDFI, ag lender such as FSA or Farm Credit, community bank or other financial institution
Strong financial analysis skills, experience exercising judgment, and the willingness to make hard decisions
Bilingual, with the ability to communicate the written and spoken word in both English and Spanish 
Working knowledge or ability to swiftly gain knowledge of government guarantee programs such as Farm Service Agency, Small Business Administration and others
Exceptional organizational skills and attention to detail, well-disciplined, able to manage multiple and competing deadlines
Demonstrated self-starter that can work independently, take initiative, and prioritize time wisely
Highly effective communicator and adept at building relationships
Fluency with Microsoft Office, Google Productivity Suite, CRM and loan management systems
Ability to provide excellent customer service to both clients and FarmLink team members - in person, on the phone and via email
Ability to handle multiple tasks and frequent interruptions
Ability to handle stressful situations with calmness and courtesy, while meeting deadlines
Possess flexibility, creativity, patience, and a desire to have a positive impact in the world through your work
An undergraduate degree in business administration, finance, community development or other relevant field is required. For this position, FarmLink may also consider the equivalent combination of education and work experience.
Highly desirable: 
  • Native Spanish speaker
  • Experience in and knowledge of sustainable agriculture, with a deep understanding of the opportunities and challenges farmers and ranchers face

Compensation:

$45-60K commensurate with experience

California FarmLink offers a generous benefits plan, including health insurance after 60 days, employer contribution to 403b retirement plan, paid vacation, and a family-friendly and flexible work environment.

How to Apply:

Please email a thoughtful cover letter explaining your interest in the position and organization with resume to: 
info@cafarmlink.org. No phone calls please. Posted July 2018; applications accepted on a rolling basis; open until filled.

 

Loan Operations Associate California FarmLink
Aptos, CA
Job Function: Lending/Loan Operations
Posted: July 27, 2018

Background:

Join California FarmLink’s lending team to support California farmers and vibrant local food systems. The mission of California FarmLink is to link independent farmers and ranchers with the land and financing they need for a sustainable future. FarmLink helps farmers to build strong business skills, access fair financing, and establish secure land tenure. For more info: www.cafarmlink.org
 
This new position will play a key role in the expansion of FarmLink’s agricultural lending as a Community Development Financial Institution (CDFI), nationally unique in its focus on supporting the land and capital needs of next generation farmers.

Position Summary:

The Loan Operations Associate will support the loan documentation and servicing function within FarmLink’s lending department, and is supervised by the Loan Operations Manager. We seek candidates that represent the diversity of the communities we serve, and strongly encourage you to apply.

Responsibilities:

Loan Services
Prepare commercial loan documents 
Perform legal diligence, including:
  •  Conduct UCC and other lien searches and filings
  • Obtain business and personal credit reports
  • Research and review real estate taxes, environmental reports and insurance requirements
  • Order and review title reports and insurance for real estate loans
Coordinate with borrowers and FarmLink staff to ensure timely loan closing and funding
Conduct loan boarding on Down Home Loan Manager loan servicing system
Ensure all applicant/borrower files are complete and in compliance with regulatory and internal policies
Post cash receipts, generate invoices, track payments, and keep records up to date in Down Home Loan Manager
Establish, maintain, and update files, databases, records and documents for loans and investments
Monitor loan covenant compliance
Support the Loan Operations Manager, including producing loan portfolio reports as needed and requested by management
 
Lending
Serve as initial point of contact for farmers interested in FarmLink’s Loan Program via phone and email
Effectively represent loan products to farmers inquiring about a loan
Screen loan applicants utilizing on-line loan inquiry form and phone conversations to determine initial loan eligibility, and refer to appropriate technical assistance or lending staff

Requirements:

A minimum of one year of experience handling business financial information with the appropriate discretion, ideally in a banking, lending or accounting setting 
Bilingual, with the ability to communicate the written and spoken word in both English and Spanish
Exceptional organizational skills and attention to detail, well-disciplined, able to manage multiple and competing deadlines, and a self-starter
Ability to provide excellent customer service to both clients and FarmLink team members in person, on the phone and via email
Ability to handle multiple tasks and frequent interruptions
Ability to handle stressful situations with calmness and courtesy, while meeting deadlines
Knowledge and experience using MS Word, Excel; as well as basic accounting procedures
Associates degree required; an undergraduate degree in business administration, finance, community development or other related field is preferred. FarmLink will also consider the equivalent combination of education and work experience.
Highly desirable:
  •  Native Spanish speaker
  • Experience with loan documentation and loan servicing systems, including LaserPro
  • Familiarity with agriculture, agricultural/small business lending, USDA/SBA programs, and/or CDFIs

Compensation:

$35-50k commensurate with experience

California FarmLink offers a generous benefits plan, including health insurance after 60 days, employer contribution to 403b retirement plan, paid vacation, and a family-friendly and flexible work environment.

How to Apply:

Please email a thoughtful cover letter explaining your interest in the position and organization with resume to: 
info@cafarmlink.org. No phone calls please. Posted July 2018; applications accepted on a rolling basis; open until filled.

 

Senior Program Manager Build Healthy Places Network
San Francisco (preferred), CA
Job Function: Project Management
Posted: July 27, 2018

Background:

The Build Healthy Places Network, a program of the Public Health Institute, is the national center bridging community development and health. Our mission is to transform the way organizations work in community development, finance, and health by accelerating investments and solutions for building healthy, equitable, and prosperous communities. We achieve our mission by connecting leaders and practitioners across sectors, providing education and training, curating resources and examples of what works, and building capacity for cross-sector collaboration.

The Network is a young organization dedicated to innovation and continued growth while improving the health and well-being of people living in our most under-resourced communities. To accomplish this we recognize the value of having a staff that brings a wide range of perspectives to this work based on language, ethnicity, race, gender, socio-economic background, political beliefs, sexual-orientation, etc. We are committed to maintaining a diverse, multicultural working environment and particularly encourage applications from candidates with lived experience in the communities we seek to serve.

The Network is housed at the Public Health Institute (PHI), an independent, nonprofit organization dedicated to promoting health, well-being and quality of life for people throughout California, across the nation and around the world. PHI is at the forefront of research and innovations to improve the efficacy of public health statewide, nationally and internationally. PHI was distinguished as one of the top 50 “Best Non-profit Organizations to Work For” by the Non-Profit Times in a national search.

Position Summary:

The goal of the Senior Program Manager position is to ensure that the Network delivers high quality programs, research-based products, and effective services to advance its mission. The Senior Program Manager will have responsibility for entire grant-funded projects and/or consulting service contracts and will help guide the vision and direction for our ground-breaking work at the intersection of health and community development.

We are seeking someone who is creative, deeply committed to advancing equity, and excited about embracing an evolving set of responsibilities and opportunities as the organization grows. Visit our website to learn more about the Network (http://www.build.health) and below for more information regarding the job duties.

Responsibilities:

Essential Duties and Responsibilities

Community Capacity Building – 45%

  • Provide proactive leadership and technical assistance in the development, implementation, and evaluation of capacity and partnership-building projects that advance collaboration between community development and health stakeholders.
  • Develop and sustain strong working relationships with community partners.
  • Assume primary responsibility and serve as content lead for the production of client deliverables. This may include conducting assessments and data analysis; preparing tools, resources, and presentations to assist community partners advance collaboration between the health and community development sectors; using evaluation tools to promote alignment on outcomes and metrics.
  • Lead conceptualization, planning, and proposal writing for future community-level projects and development of the Networks’ advisory services.

Research and Analysis – 30%

  • Direct the strategic development, planning, evaluation, and implementation for research projects such as our analysis of opportunities to connect asset building with health and our model for estimating the health ROI of community development.
  • Conduct literature reviews, secondary data analysis, interviews, and focus groups.
  • Produce written deliverables such as white papers, reports, or toolkits.
  • Identify opportunities to present or synthesize information for the field and ensure that the Network is strategically represented in field journals and publications
  • Act as content expert and thought leader on the intersection of community development and health by staying abreast of news, research, and events.

Organizational Leadership – 25%

  • Participate on the BHPN leadership team to guide and advance the goals Network’s program strategies, business development, and organizational sustainability plans.
  • Provide direction and oversight for budget development on project specific budgets related to contracts both existing and new business
  • Represent the Network at conferences, in meetings, on advisory committees, etc.
  • Other duties as assigned.

Requirements:

Qualifications

  • Master’s degree in urban planning, public health, public policy, business, or related field is required or two years of additional related experience or 9 total years of experience
  • 7 years’ experience in community development, public health, policy, impact investing or a related field with minimum 3 years’ project management experience with some supervisory responsibilities.
  • Knowledge/experience with community development organizations, affordable housing developers or community development finance.
  • Excellent research skills and experience producing written products of varying types, lengths, levels of complexity, and for varying audiences
  • Track record of conducting outreach and fostering strong working relationships with people and organizations.
  • Experience developing and delivering trainings or presentations in-person and/or online.
  • Ability to manage multiple projects simultaneously; outstanding reliability and follow-through.
  • Ability to think creatively, work independently, and be proactive in proposing new and better approaches to the work; entrepreneurial mindset.
  • Ability to travel to community partners and perform site visits regularly across the country

Compensation:

  • This is a full time (40 hours/week) position
  • Our primary office is in San Francisco, but under the right circumstances, we are open to hiring a remote staff person for the Senior Program Manager position.
  • PHI offers competitive pay rates.
  • This position may require up to 30% domestic travel
  • BHPN offers a flexible and supportive work environment with tremendous learning opportunities.
  • This position is eligible for PHI’s full suite of benefits including but not limited to medical, dental, and vision coverage, health care and dependent care flexible spending accounts, and generous time off.

How to Apply:

Apply at this website:
https://www.phi.jobs/postings/5811

Program Officer National Federation of Community Development Credit Unions
New York, NY
Job Function: Project Management
Posted: July 26, 2018

Background:

The National Federation of Community Development Credit Unions is a dynamic, growth-oriented non-profit organization dedicated to promoting financial inclusion and empowerment to low-income and underserved consumers and communities.   Founded in 1974, the Federation is headquartered in Lower Manhattan with offices in Madison, WI and Atlanta, GA. The Federation offers a wide range of advocacy, educational, training, investment, marketing, and outreach programs to support and assist CDCUs.

Position Summary:

We seek a talented, organized and motivated Program Officer to oversee and grow a suite of programs that expand financial inclusion and provide the tools to improve financial empowerment. The Program Officer will lead key initiatives, build and manage relationships with network members and strategic partners. Measuring, analyzing and communicating the benefits and impact of our initiatives is a key aspect of this role.
Initial programs that the Program Officer would contribute to include: the Federation’s work to advance financial inclusion in Hispanic and immigrant communities by overseeing engagement and expansion of a national network credit unions serving the Hispanic market; and an initiative to build a network of credit unions and cooperativas serving underserved communities in Puerto Rico, supporting their efforts to advance the island’s recovery and resilience. The Program Officer would also support other Federation network engagement and capacity building initiatives as needed and as the Federation’s programs evolve and grow.
Candidates must speak Spanish, have a background and passion for community development and financial inclusion, be organized and driven to get the job done.
This position is based at the Federation’s offices in New York City.

Responsibilities:

Primary Responsibilities
Engage and grow networks of credit unions serving Hispanic and other underserved communities across the US. Network growth and engagement includes, but is not limited to, building and maintaining relationships with participating credit unions and partners, and identifying opportunities for new partnerships and programming that add value to the network
Develop and disseminate high-quality content for communications to and about the network
Maintain network websites, ensuring content is up to date and tailored to the appropriate audience
Represent the Federation in a range of contexts, such as speaking at conferences on Federation Initiatives or presenting on CDCUs to a local community 
Carry out administrative and support tasks associated with projects such as coordinating meetings and travel
Assist in fundraising activities including grantwriting and grant reports
Other duties as needed and as projects evolve 
Travel required (15-20%)
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions required of this position. 

Requirements:

• Spanish language fluency required
• 3-4 years relevant work experience in network engagement, consumer finance, community development, or policy advocacy
• Bachelor’s degree required; Master’s degree a plus.
• Dynamic, self-starter with high attention to detail, confident and poised
• Highly consultative, able and eager to engage multiple stakeholders with divergent points of view and define a path forward.
• Able to lead with vision but engage others along the way
• Highly organized with demonstrated ability to manage multiple projects at once and be adept at prioritizing tasks
• Demonstrated ability to establish and build relationships with a diverse array of people and organizations
• Excellent written and verbal communication skills, with a comfort in both public speaking and writing high-quality content
• Dedication to always producing the highest quality work and motivated to constantly seek new and better ways to reach goals
• Commitment to the mission to help low- and moderate-income people and communities achieve financial independence
• Experience with WordPress a plus

Compensation:

Commensurate with experience.

How to Apply:

Please submit cover letter and resume to hr@cdcu.coop

Loan Officer/Senior Loan Officer Northern California Community Loan Fund
San Francisco, CA
Job Function: Lending/Loan Operations
Posted: July 25, 2018

Background:

Communities on the margins of opportunity deserve a trusted partner on their journey towards financial growth and stability. As a locally invested, collaborative partner in social justice and financial equity, Northern California Community Loan Fund (NCCLF) provides nonprofits, small businesses, and social enterprises with strategic investment and guidance deepening work, scaling impact, and strengthening our communities.

For more information on our programs and services, please visit our website at www.ncclf.org

Position Summary:

Background and Position Summary

NCCLF’s Lending Department provides loans and NMTC financing to nonprofits, alternatively-structured social enterprises, and food-related businesses throughout Northern and Central California with an emphasis on achieving greater racial and economic equity. Our borrowers have made use of our financing to develop affordable housing, build and acquire community facilities, create economic development projects, support access to healthy foods, and strengthen their operations in order to make a difference in the lives of the communities that they serve.

The Loan Officer (LO) or Senior Loan Officer (SLO) serves as a credit professional within NCCLF and participates in the community development lending effort. The position’s primary responsibilities are to source and underwrite loan requests and provide technical assistance to NCCLF’s clients. The LO/SLO will also initiate and develop potential borrower relationships, and build and manage a base of referral sources and strategic partnerships to advance NCCLF’s mission and impact.

The position requires a highly motivated, experienced lender with a background in community development finance, commercial real estate, and/or nonprofit housing/facility development and must possess excellent communication skills. The ideal candidate is also someone who understands the unique needs of the nonprofit sector, particularly nonprofit human service providers and affordable housing developers in Northern California. The successful candidate must be a self-starter and have the demonstrated ability to meet assigned goals successfully and on time. Finally, the candidate should enjoy working in an active and expanding nonprofit and should be able to thrive in a friendly, cooperative, and fast-paced environment.

Responsibilities:

Responsibilities:
 
Underwriting
Interview and screen potential loan applicants.
Perform financial analysis, due diligence and project feasibility assessment for potential loan candidates.
Provide informal technical assistance through the application and underwriting process, and, as needed, coordinate delivery of formal technical assistance activities through internal and external sources.
Prepare written credit memorandums with detailed analysis and recommendations for terms and credit structure.
Present credit analysis for review and approval to Loan Committee or other appropriate levels of authority within NCCLF as required by loan policies.
Work with the borrower and external parties through loan commitment terms and loan closing.
Assist the Loan Administration team with loan closing and ongoing monitoring activities.
Help develop and update loan policies, underwriting criteria and best practices for NCCLF’s main product lines.
Undertake special projects and other duties as assigned.
 
Business Development
 
Develop and implement sales and marketing plans in targeted communities to achieve NCCLF’s goal of advancing racial and economic equity and market penetration in accordance with lending goals.
Build and maintain close working relationships with referral sources, potential partners and funding sources.
Represent NCCLF at public meetings, events and conferences.
Market loan products and programs to potential borrowers and referral sources. 
Follow up on loan inquiries and provide technical assistance to potential borrowers through the application process. 
Maintain a contact database for ongoing sales and marketing efforts.
Develop new products or services to meet market demand.  

Requirements:

Minimum Requirements
 
Minimum of three years (Loan Officer) or five years (Senior Loan Officer) of loan underwriting experience at a CDFI, bank or other financial institution, preferably related to affordable housing development or commercial real estate construction and asset management.
Undergraduate degree in business, finance, economics, or other relevant field. Relevant work experience can be a substituted for required education.
Excellent underwriting skills, grounded in strong abilities to analyze financial statements, assess management and leadership, review collateral, interpret business and strategic plans, etc.   
Excellent verbal and written communication skills. 
Proven ability to generate client leads and maintain business relationships.
Superior judgment and attention to detail.
Excellent organizational skills, with a strong ability to work independently and with a team, handle multiple priorities and manage time efficiently.
Enthusiasm and a passionate commitment to equitable community development.
 
Desired Qualifications, Skills and Experience
Working knowledge of the Low Income Housing Tax Credit and New Market Tax Credit programs.
Experience in consulting and technical assistance in real estate development and/or finance, preferably with nonprofit clients.
Knowledge and experience with nonprofit community-based organizations in Northern California. 
Understanding of nonprofit finance and management best practices. 
Understanding of and experience with community development lending and funding sources.
Familiarity with food-related lending.
English/Spanish bilingual ability is a plus.
 
 
Relationships:
Position reports to the Manager, Community Development Lending; communicates regularly with referral sources and potential borrowing clients; attends and participates in Loan Committee meetings; interacts extensively with the lending team and staff/management in other NCCLF departments; and represents NCCLF to outside constituencies.
Job Context
Position is pivotal to the success of the lending program and operates in a collaborative, cooperative, team environment.  Workload will vary requiring flexibility with time. Outside meetings and some local travel within Northern California are required.  
 
Hours and Location
 
Full-time position.
Work hours will be predominantly during regular business hours, although occasional evening or weekend hours will be required.  A flexible schedule may be accommodated.
Worksite will be in the offices of NCCLF in San Francisco, with some travel outside the Bay Area for site visits, business development, and conferences.

Compensation:

Compensation and benefits
Competitive nonprofit salary range depending upon experience, plus an excellent benefits package including health, dental, retirement plan and three weeks of vacation.

NCCLF is an equal opportunity employer; people of all backgrounds are strongly encouraged to apply.

How to Apply:

To Apply:  Send résumé and cover letter (Attn: Loan Officer Search) via fax to 415-392-8216 or email to info@ncclf.org. Application Deadline: Open until filled.

 

Loan Servicing/Loan Accounting Manager Capital Impact Partners
Arlington, VA
Job Function: Lending/Loan Operations
Posted: July 20, 2018

Background:

Capital Impact Partners transforms under served communities into strong, vibrant places of opportunity. As one of the largest certified Community Development Financial Institutions in the country, we have a 30 year history of delivering strategic financing, social innovation programs and capacity building that create social change and deliver financial impact nationwide. To date, Capital Impact Partners has used its depth of experience, cooperative approach, and network of alliances to invest more than $2B in opportunities that create a high quality of life for low income individuals and communities across the country, including access to high-quality healthcare, education, healthy foods, housing, and eldercare. We draw on our shared values of cooperation, commitment, leadership, innovation, trust, and diversity as we work to redefine how innovation can create opportunities for under served Americans.  

Position Summary:

Capital Impact Partners seeks a Loan Servicing/Loan Accounting Manager to strengthen its Community Investment Group. The Loan Servicing/Loan Accounting Manager will oversee the management of the daily Loan Servicing and Loan Accounting team, identify priorities and projects within the team to ensure data quality, efficiency and timeliness of data, as well as the delivery of excellent customer service. In addition, the position will be the primary liaison to Loan Closing, Loan Accounting, Investor Management, Finance and Accounting departments; participate in Disaster Recovery Plan and other various bank wide projects as required. This position requires a high degree of system integrity, transactional accuracy and functionality.

Responsibilities:

SERVICING:

  • Provide oversight and management to Loan Servicing personnel
  • Ensure accuracy and integrity of the loan booking process to ensure that all loans, covenants and insurance are properly added and maintained on the loan accounting system
  • Approve payoffs, loan disbursements and all modifications
  • Manage all processes for delinquencies, charge offs and non-accruals
  • Ensure all customer requests are answered timely and efficiently
  • Understand the importance and significance of the data to be captured in the system and develop exception reports

LOAN ACCOUNTING:

  • All cash handling, cash receipts, payment postings, payoffs, cash reconciliations, cash balancing, escrow processing and general ledger reconciliations
  • Approve loan disbursements/outgoing wires, process fee waiver approvals and approve file maintenance requests
  • Provide oversight and set up of ACH activities
  • Manage the rate change process for loan indexes and ensure timely updates are made in the system
  • Oversee day end processing
  • Participate in loan system conversions, upgrades, etc.
  • Create processes and procedures that influence data integrity and customer service

MANAGEMENT:

  • Maintenance and updates of all loan processes and ensure all staff are properly trained on those procedures
  • Ensure all personnel are properly trained and to make personal growth and team building a high priority within the department
  • Provide direction, guidance and measurement tools to the department to ensure that operations meet benchmarks for turnaround times as defined
  • Work closely with team members on skill development and career planning
  • Develop a trusting and collaborative environment where roles and responsibilities are clear and the team can operate in a highly effective manner
  • Other duties as assigned

Requirements:

  • Bachelor’s degree required
  • 5-7 years in the financial services industry
  • 5+ years in the servicing of commercial and commercial real estate loans that carry complex structures such as New Market Tax Credits (NMTC) and other program requirements
  • 3+ years of management experience, leading a servicing team is a plus
  • Experience servicing for a ranked commercial or real estate servicer preferred
  • Knowledge of servicing an environment where loans carry unusual structures and requirements
  • Familiarity and/or experience with working with loans in the secondary market
  • Demonstrate skills in collaboration, detail-orientation, standards-based, strong communication and flexibility
  • Expertise in the use of loan servicing platform
  • Proficiency with Microsoft Office (particularly Word, Excel and Power Point), McCracken Loan Accounting Servicing system experience is preferred.

Compensation:

$91,800-$114,240

How to Apply:

https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=2008215&B_ID=91

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