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

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

Loan and Grant Program Manager (Finance) Resources for Abortion Delivery
Remote, All
Job Function: Other
Posted: December 11, 2019

Background:

Position: Loan and Grant Program Manager (Finance)
Location: Remote/Virtual (U.S.)
Status: Full Time; Exempt
Reports To: Director, Loan and Grant Fund
Salary Range: Range $75k-84k per year

Resources for Abortion Delivery (RAD)

Established in 2016, Resources for Abortion Delivery (RAD) seeks to protect and improve access to quality abortion care in the United States—particularly for poor and low-income people—by providing financial and technical support, strategic thinking, legal compliance assistance, and information to the abortion provider community. RAD’s growing staff currently includes 10 full-time staff members working remotely across the U.S. RAD operates several programs including: a Loan and Grant Program, which provides capital support to eligible independent abortion providers; Regulatory Assistance for Abortion Providers (RAAP), which provides legal and regulatory compliance advice to abortion providers; and a Technical Assistance program that supports the existence and resiliency of the independent abortion delivery sector.

Position Summary:

Position Summary

The Loan and Grant Program Manager will bring strong financial knowledge as well as excellent communication and project management skills to the Loan and Grant Program. This program seeks to promote the continued existence and resiliency of the independent abortion sector by offering funding that incentivizes, and removes financial barriers to, activities that protect, improve, or expand patient access to quality services at independent facilities. The Program Manager will report to the Director of Loan & Grant Funds and will be expected to work closely with other program staff. The Manager will support the day-to-day operations of RAD’s funding programs and will be responsible for executing key activities including financial health assessment, communication and relationship-building with abortion providers, application and report review and evaluation, compliance with internal protocols, and overall project and task management.

This position, the second Loan and Grant Program Manager on the team, was recently created to support the execution of RAD’s new strategic plan that calls for significant program growth. This position will have regular ongoing responsibilities but is also expected to be flexible and adapt quickly to changing priorities as RAD is a growing organization, and RAD staff work as a nimble and fast-paced team. The Program Manager will primarily work remotely, with monthly in-person meetings on the East Coast; the Manager’s supervisor is based in the New York City area.

Responsibilities:

Essential Responsibilities and Tasks

Provide financial analysis on all RAD funding applications and reports. Assess submitted financial statements, tax returns, and audits against RAD’s funding eligibility requirements and evaluate key financial health metrics.
Support all aspects of the Loan and Grant Program operations including: drafting mass communications, participating in calls with applicants and awardees, review and evaluation of information and materials submitted in applications and reports for completeness and accuracy, processing grant and loan agreements.
Serve as a point of contact for RAD applicants and awardees. Follow-up with individual applicants and awardees as needed, provide assistance for accessing RAD’s online application and reporting systems, and offer substantive support on navigating RAD’s funding materials.
Prepare and create reports that track and highlight aspects of the program including: applicant profiles, recipient profiles, funding amounts and purposes, etc. Participate in RAD’s regular analysis and review of aggregated information about the independent abortion sector, particularly providing insight into any observed financial health trends.
Develop and maintain tracking systems to ensure all aspects of the program are coordinated and completed on time. Responsible for ensuring all collaborative tools, including the RAD project management system, shared Google Drive, and SalesForce contact relationship management system, are regularly updated.
Be a driver for this program within the RAD team ensuring that all staff have a clear understanding of their current tasks and deadlines. Flag, and ensure attention is paid to, unforeseen issues well in advance. Identify trends, opportunities and areas for improvement in the program and propose ways to achieve those improvements.
Support RAD’s work in other key areas as needed and assigned.

Requirements:

Required Experience, Knowledge, Skills and Ability

Minimum 3 years experience in the following: grantmaking, community development financial institution (CDFI), small business administration, nonprofit financial management, bank loan underwriting, business accounting, lending, and/or financial analysis.
Analytic and critical thinker with knowledge of, and proficiency navigating, small business and/or nonprofit financial statements, audits, tax returns, etc.
Ability to work remotely (RAD will consider reimbursement for as-needed use of co-working spaces on a case by case basis) and to travel to in-person meetings in the U.S. approximately one time per month
Demonstrated experience telecommuting, working virtually, or working with an off-site manager, or comparable work experience that shows an ability to succeed in an off-site work situation.
Demonstrated aptitude for learning and using software/applications for research or work settings (e.g., project management tools, data collection applications).
Ability to effectively and efficiently handle multiple, simultaneous and complex tasks.
Ability to work with a wide range of stakeholders.
Proficiency with Google applications including Gmail, Google drive, Google docs, and Google sheets. Proficiency with Microsoft Word, Excel, and PowerPoint.

Valued Education, Experience, Knowledge, Skills and Ability

The following are preferred but not required:
Bachelor’s degree
Experience in the grantmaking and/or reproductive health fields that is applicable to the essential responsibilities listed above
Experience working in a start-up environment
Experience working for a non-profit organization
Experience using SalesForce

Attributes

A strong candidate for this position will have the following attributes:
Independent self-starter who is able to stay focused and driven while working remotely
Extremely well organized and detail-oriented
Strong oral and written communicator
Excellent time management skills, including the ability to prioritize assigned tasks and work efficiently towards completing them
Team player willing to perform a wide variety of tasks
Handles sensitive information with the highest degree of integrity and confidentiality
Professional, personable, and has a sense of humor
Commitment to reproductive justice and protecting abortion access
RAD is committed to cultural diversity and strongly encourages applications from diverse candidates.

Compensation:

Salary and Benefits

The starting salary for this position is $75k-$84k per year. Benefits include full medical, dental, prescription drug, and vision insurance, short and long-term disability and life insurance, participation in our retirement plan, and competitive vacation, personal, and volunteer leave.

How to Apply:

How to Apply

Submit a resume and cover letter to admin@radprogram.org by February 3, 2020, 11:59pm ET. Applications will be accepted on a rolling basis with first round interviews beginning the week of January 27.

Executive Director Greater Newark Enterprises Corporation
Newark, NJ
Job Function: Financial Services
Posted: December 11, 2019

Background:

The Greater Newark Enterprises Corporation (GNEC) is both a 501(c)(3) and Certified CDFI microenterprise development organization with a proven record of delivering capital and microenterprise technical assistance services to entrepreneurs in New Jersey. GNEC’s primary mission is community development, and the organization carries out its mission by financing small business growth, creating jobs and providing financial services to individuals in its investment areas and target markets.

Position Summary:

The Executive Director is responsible for the overall executive leadership and management of GNEC, including revenue generation and fundraising, financial management; outreach and marketing; partnering with stakeholders and allied organizations; developing new products and services; supervising the origination and servicing of loans and post-loan business advisory services; ensuring
compliance with GNEC’s funding sources, and staff supervision; and supporting its Board of Directors, Loan Committee and other committees.

Responsibilities:

Leadership
• Identify, assess, and inform the Board of Directors of internal and external issues that affect the organization.
• Foster effective team dynamics between the Board and the Executive Director (ED) and between the Board, ED, and staff.
• Lead, coach, develop, supervise and retain GNEC’s staff.
• Lead relationship and partnership development with donors, allied organizations, and policymakers.
• Ability to negotiate effectively and form partnerships with both private and public sector financing entities

Program Planning & Management
• Direct the implementation of GNEC’s strategic plan.
• Design and pilot innovative tools and programs to open and expand lending and revenue-generating opportunities aligned with GNEC’s mission.
• Oversee the planning, implementation and evaluation of programs and services.
• Prepare timely and accurate reports to GNEC Board of Directors and its Committees.
• Maintain partnership and work with the GNEC Board of Directors and its committees.
• Supervise and maintain monitoring and evaluation (including preparation of compliance reporting) with the CDFI and other funding partners.

Revenue Generation & Fundraising
• Develop and implement a fundraising plan to support GNEC’s operations, seeking donations from businesses and individuals.
• Identify grant opportunities and prepare applications to public and private funders to support ongoing costs of programs and operations.
• Identify grant opportunities and prepare applications to appropriate funders including the SBA, CDFI and other private foundations and state and federal agencies to raise loan capital as needed.
• Identify and mobilize sources of low or no-interest loans that may be re-loaned
• Advocate for funding and policy initiatives related to GNEC at the State and Federal level.
• Identify other revenue-generating opportunities including contract income, income through participation on larger grant opportunities, and income through program activates.

Financial Management
• Provide overall financial management of GNEC in accordance with applicable laws and regulations.
• Manage annual audit including preparation of RFP as needed, recommendation to board for the selection of CPA firm, provision of necessary financial data to auditors, and preparation of response to management letter, if any.
• Ensure compliance with all grants. Oversee preparation of financial and programmatic reports to funders and other agencies as required.
• Work with staff and Board to prepare an annual budget and amendments as needed.
• Ensure that sound bookkeeping and accounting best practices are followed.
• Provide the treasurer and board with regular financial reports.

Lending
• Exercise loan decision-making authority granted in GNEC’s Loan Policies.
• Oversee recruitment, orientation and ongoing support for the Loan Committee.
• Oversee loan portfolio including management of loan pipeline, risk management, and loan workouts.
• Provide reports and support for the GNEC’s portfolio risk policy.
• Take appropriate collection actions on loans outstanding to GNEC.
• Coordinate pre- and post-loan technical assistance program.

Human Resource Planning & Management
• Supervise GNEC staff; complete annual performance appraisals.
• Hold regular staff meetings.
• Determine staff requirements and make recommendations to the Board for inclusion in the operating budget.
• Recruit, interview and select staff that have the right skills and personal abilities to further GNEC’s mission.
• Coach and mentor staff to be responsible and accountable team members.

External Relations
• Coordinate and implement the marketing of GNEC.
• Ensure the organization maintains excellent relationships with business technical assistance providers, economic development organizations, partner financial institutions, other resources available to serve applicants and borrowers, and other GNEC stakeholders and partners throughout GNEC’s target markets.
• Manage and encourage the further development of GNEC as a mission-based lender. Design and oversee the implementation of new services.
• Serve as chief spokesperson for GNEC.

Requirements:

Qualifications
• The Executive Director should have a minimum of three years’ experience providing financial products, services, and technical assistance, preferably with a CDFI, HUD or SBA lender.
• Bachelor’s degree required (MA/MS preferred) in a business or finance-related field, or a combination of skills and experience commensurate with graduate-level education.
• Strong grant writing and fundraising skills
• Demonstrated excellent organizational and project management skills.
• Detailed knowledge of accounting and finance.
• Experience working with governmental stakeholders, including compliance and reporting.
• Clear and concise communication skills – written and oral.
• Effective management skills.
• Experience operating in a small nonprofit environment.
• Experience working with low-to-moderate income individuals.
• Experience working with small and micro-level businesses.
• Energy, vision and flexibility to help drive growth in an entrepreneurial organization.

Preferred Qualifications
• Graduate or advanced degree, with 8+ years of development lending, finance, and/or economic development experience.
• Lending background, preferably in an SBA or CDFI environment.
• Knowledge of economic development issues in urban communities.
• Strong organizational and project management skills.
• Knowledge of accounting principles and finance.
• Strong attention to detail.
• Clear and concise communication skills – written and oral.
• Demonstrated sensitivity to the challenges faced by low-income individuals seeking to become economically self-sufficient.

Compensation:

•GNEC provides a competitive salary and excellent fringe benefits for this position.

How to Apply:

•To apply, please email a cover letter and resume to: TBaker@gnecorp.org

President/CEO Economic Resources Corporation
Los Angeles, CA
Job Function: Other
Posted: December 6, 2019

Background:

Economic Resources Corporation (ERC) is a California nonprofit corporation whose mission is to promote economic development and job creation, attract needed services and employers, and remove blight in underserved neighborhoods through targeted real estate investments. The company was founded in 1968 by a group of Los Angeles business and civic leaders at the invitation of the Economic Development Administration which is organized under the U. S. Department of Commerce.

Position Summary:

The President/CEO is responsible for providing strategic and managerial leadership for the company, and will carry out this responsibility by working with the Board and management staff in establishing long-range goals in support of the company's values and non-profit economic development mission. The President/CEO is also responsible for overseeing all company operations, creating and maintaining a corporate vision and culture consistent with the company's mission and business model, and executing the operating plan through the supervision of subordinate management.

Responsibilities:

Economic Resources Corporation
President/CEO
Los Angeles, CA
ABOUT ECONOMIC RESOURCES CORPORATION
Economic Resources Corporation (“ERC”) is a California nonprofit corporation whose mission is to promote economic development and job creation in underserved neighborhoods through a multi-disciplined program of small business support and targeted real estate investment. The company was established in 1968 by a group of Los Angeles business and civic leaders at the invitation of the U.S. Department of Commerce Economic Development Administration.
Staying true to its mission, ERC has traditionally focused on small and medium business enterprises, seeking the creation of new jobs, higher incomes and entrepreneurial opportunities. Because business communities and their surrounding residential counterparts are intrinsically linked, ERC correlates business investment with improvements in other areas of the community creating strong interlocking relationships between Economic Development and Community Development. In addition to the development of industrial and commercial real estate, ERC has, during its existence, provided technical, management and financial assistance to businesses and other community nonprofit organizations.
For more information on Economic Resources Corporation, please visit www.economicresources.org/.
THE OPPORTUNITY
Economic Resources Corporation is seeking an innovative, inspiring, and business savvy leader to be its next President/CEO. This is a unique opportunity to be at the helm of a self-supporting organization with a 50-year history of creating new jobs, higher incomes, and entrepreneurial opportunities in underserved Los Angeles communities.
The President/CEO is responsible for providing strategic and managerial leadership for the company, and will carry out this responsibility by working with the Board and management staff in establishing long-range goals in support of the company's values and non-profit economic development mission. The President/CEO is also responsible for overseeing all company operations, creating and maintaining a corporate vision and culture consistent with the company's mission and business model, and executing the operating plan through the supervision of subordinate management.
This is an exciting opportunity for the right executive to help ERC become a regional leader in not-for-profit real estate investing, expand ERC's footprint, and clearly impact the economic viability of the communities that ERC invests in.
KEY RESPONSIBILITIES
• Leads the Corporation with a clearly defined sense of business direction, purpose and mission.
• Responsible for creating, planning, implementing, and integrating the strategic direction of the company.
• Develops and implements a well-defined operating strategy to advance the company's mission and objectives and maintain its economic sustainability.
• Oversees all operations of the organization in accordance with the established strategic plan and corporate values.
• Establishes, monitors and maintains appropriate management systems to provide for the effective control of operations and minimize risks.
• Provides adequate and timely information to the Board of Directors to enable it to effectively execute its oversight role.
• Coordinates with the Board of Directors in developing the policies and procedures required to provide appropriate direction to the organization.
• Assists the Board of Directors in the selection and transition of successor executive management.
• Develops and maintains relationships with other organizations, industry and government officials that are in the best interest of the company.

Requirements:

CORE COMPETENCIES
The President/CEO will be deeply connected to Los Angeles and the history of South Los Angeles. This savvy individual will know the political landscape of both Los Angeles and California, will understand the challenges of working in the region, and will be familiar with the key players and processes around promoting business, development, and investment. The President/CEO will bring a broad understanding of multiple sectors, including government, commercial real estate, and nonprofit structures and systems. Coming from a business background, this leader will have an understanding of economic and community development through real estate.
The ideal candidate will be an experienced manager with a minimum of 15 years of diversified corporate, financial, and general management experience. This individual will have a history of developing strategic, operational and financial plans, formulating policy, effectively managing capital resources, and implementing new strategies and procedures. MBA or technical graduate level academic degree preferred.
CONTACT
Economic Resources Corporation has engaged Koya Leadership Partners to help in this hire. This search is being led by Michelle Bonoan and Erin Reedy. Please submit a compelling cover letter and resume here, or email Michelle or Erin at the following:
Michelle R.S. Bonoan
Managing Director
mbonoan@koyapartners.com
Erin Reedy
Vice President
ereedy@koyapartners.com
Economic Resources Corporation is an equal opportunity employer. All qualified applicants shall receive consideration for employment without regard to race, color, religion, national origin, ethnic group identification, ancestry, sex, age, marital status, political affiliation, condition of physical or mental disability, gender identity or sexual orientation, in accordance with requirements of Federal and State laws. All qualified applicants with criminal histories will be considered in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring.
ABOUT KOYA LEADERSHIP PARTNERS
Koya Leadership Partners is a national retained executive search and human capital-consulting firm that works exclusively with nonprofits and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information about Koya Leadership Partners, visit www.koyapartners.com.

PI116074187

Compensation:

DOE

How to Apply:

Apply Online

Rural development Specialist - Environmental (HI) Rural Community Assistance Corporation
Honolulu, HI
Job Function: Other
Posted: December 5, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) nonprofit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board work to make our vision of vibrant, healthy and enduring rural communities a reality across the West.

Community and Environment Department
RCAC’s comprehensive community and economic development services support rural communities to create a vision, set goals and implement an action plan for community development projects. We work with rural water, wastewater and solid waste systems to make them sustainable. We also work with small systems’ boards of directors and staff to make sure they comply with state and federal regulations, and understand system finances and operations. Outcomes of RCAC’s work include: system regulatory compliance; access to resources for capital improvement projects; and board and staff capacity building in technical, financial and managerial best practices.

Position Summary:

Position Description
The Rural Development Specialist (RDS) provides technical, managerial, and financial (TMF) assistance to small disadvantaged community water and wastewater systems so they can operate sustainably and deliver quality services to the communities served. The RDS works closely with rural residents and local leaders to assist them to develop and manage water, wastewater, or solid waste systems. Additionally, the RDS prepares and delivers classroom and individual trainings as needed to build the capacity of local partners.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation process. Duties and responsibilities include but are not limited to:
• Assess the needs of our local partners
• Build technical, managerial, and/or financial capacity
• Access financial resources to address local demands
• Recommend and implement solutions
• Promote and facilitate partnerships to maximize limited resources
• Develop, prepare, and deliver group and one-on-one trainings
• Provide excellent customer service
• Prepare activity and outcome reports as required
• Perform other duties as assigned

Requirements:

Skills and Qualifications
• Ability to manage technical aspects of field work related to water and/or wastewater
• Facilitation, mediation and meeting management skills
• Familiarity with rural and tribal community culture and social norms
• Ability to troubleshoot, innovate and problem-solve
• Proficiency with personal computers including Microsoft Office
• Ability to complete administrative and reporting requirements on time
• Ability to listen effectively and communicate, verbally and in writing
• Ability to work independently and in team environments, and to effectively prioritize multiple tasks

Physical Job Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable persons with disabilities to perform the essential functions.

Work performed in an office requires ability to operate computers and various pieces of office equipment, including telephone. Use may be moderate (average 2 hours per day) to heavy (4 or more hours per day)

While performing the duties of this position, the employee is frequently required to stand and/or sit for prolonged periods of time; walk; talk; hear; use hand to finger; handle; feel or operate objects, tools or controls; and reach with hands and arms. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl.

The employee may occasionally lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.

This position also requires moderate (up to 2 days per month) to heavy (up to 10 days per month) automobile and airline travel, including overnight travel.

Preferred Education and Experience:
A combination of experience and education is required to qualify for the position. A typical qualifying combination would be:

Experience:
Three years of applicable experience in water, wastewater, environmental project management, or other closely related field (if a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year). Experience in training, facilitating and mediating community programs/projects is highly desirable.

Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).

Special Requirements:
Possession of a valid drivers' license and proof of insurance that meets the minimum requirements of RCAC corporate liability policy will be required when traveling for business purposes.

Compensation:

$55,536 to $64,572 yearly

How to Apply:

Please visit www.rcac.org/careers to view the full job description for the position and to apply online.

Special Assistant to the CEO Quantified Ventures
Washington, DC
Job Function: Administrative/Operations/IT
Posted: December 5, 2019

Background:

About Quantified Ventures

Quantified Ventures is an outcomes-based capital firm that drives transformative health, social, and environmental impact. Through a process of identification, due diligence, and structuring, we design outcomes-based financial transactions for clients, helping to deploy impact capital to scale proven social and environmental solutions. We operate in two teams, Health and Environment, across four practice areas: Health & Human Services, Urban & Coastal Resilience, Agriculture, and Forestry & Land Use.

The large and growing market for impact investment capital challenges the notion that there has to be a trade-off between financial and social returns. By deploying impact capital to social enterprises that are both demonstrating positive impact and achieving sustainability, we can build capacity to address the world’s most pressing challenges. At Quantified Ventures, we simplify access to impact capital to scale solutions and interventions that drive true social change through innovative financing mechanisms.

We design and execute outcomes-based transactions from beginning to end. Our work includes:

-Prospect due diligence. Analyzing business operations, target markets, working experience, growth strategy, and other areas before determining whether to work with a prospect.
-Feasibility assessments. Ensuring service provider and payor readiness to participate in outcomes-based contracts.
-Project management and contract / transaction structuring. Moving multiple stakeholders through our methodology while being attentive, responsive, and flexible to their individual needs is a requirement to efficiently structure a transaction.
-Evaluation design. We help determine, with stakeholders, the desired level of rigor to evaluate the effectiveness of the project.
-Financial modeling and outcomes pricing. We develop the budgets or models required to enable scale and project success and then layer on projected outcomes, timelines, outcomes effect sizes, and projected cost savings, leveraging payor historical data to establish baselines.
-Capital sourcing. We help our clients develop growth plans, prioritize and reach out to potential investors, and advise on term negotiations with the goal of sourcing the required capital to scale interventions and social impact.
-Post-project launch management. Once the capital is secured, the project begins. While much of Quantified Ventures’ work is related to structuring investable projects, there is a large role that we play in ensuring the ongoing success of the project by managing the contract and evaluation model, while knowing when to adjust course to maximize the likelihood of achieving outcomes.

Position Summary:

As a key member of the Quantified Ventures team, the Special Assistant to the CEO will play an instrumental role in contributing to the growth and development of all areas of the business. Including strategy, business development, product development, client service delivery, operations, and marketing.

Responsibilities:

Responsibilities include supporting the CEO and VP, Marketing and Operations, through:
-Support management of CEO’s scheduling, events, travels, and company administration,
-Organization and preparation for all staff meetings, board meetings, and retreats,
-Daily morning calls with the CEO in order to address critical manners both internal and external to the company,
-Capture notes from internal and external meetings and identify and track action items,
-Lead social media campaigns, quarterly newsletters, and programming with oversight from the VP, Marketing and Operations,
-Support the creation and dissemination of key marketing collateral including case studies, impact reports, and other endeavors,
-Ensure consistency of all collateral according to pre-established branding guidelines,
-Support onboarding of new hires and other operational work to ensure efficient and effective operations,
-Maintain the organization of the company’s shared drive and CRM platforms,
-Maintain and lead website management efforts,
-Support and lead special projects as necessary,
-Advance key operational initiatives and other select projects as needed.

Requirements:

Quantified Ventures is a fast-paced, creative, supportive, and collaborative consulting environment that keeps clients’ needs front and center. We are seeking entrepreneurial candidates with the drive, can-do attitude, creativity, commitment to innovation, and attention to detail to help the Quantified Ventures team advance its mission. More specifically, candidates must have:

-Bachelor’s degree required,
-Exemplary organization skills and keen attention to detail,
-Excellent written communication skills, including the ability to quickly research, synthesize, and summarize critical findings on unfamiliar topics,
-Top notch listening and compelling oral communications skills,
-Commitment to rigor and excellence,
-An ability to manage multiple and competing priorities independently and simultaneously,
-Willingness and ability to express contrary views and seek consensus against other priorities such as time and budget constraints,
-Expertise in Microsoft Office, Google Suite, CRM platforms, and/or an ability to quickly learn how to use software,
-Social media programming, newsletter formation, and analytic skills
-Adobe InDesign and Photoshop proficiency a plus,
-Passion for advancing the fields of outcomes-based financing, public and nonprofit management, and impact investing, and
-An ability to bring humor, joy, and humility into this groundbreaking work.

Compensation:

Commensurate with experience.

How to Apply:

Please send a cover letter and resume to Michelle Shin at shin@quantifiedventures.com with the subject line of “Special Assistant to the CEO.” Applications will be reviewed on a rolling basis.

Post-Closing/Loan Servicing Counselor Renaissance Economic Development Corporation
New York, NY
Job Function: Lending/Loan Operations
Posted: December 4, 2019

Background:

<p>Renaissance Economic Development Corporation is a non-profit organization dedicated to providing financial and technical assistance services to entrepreneurs throughout New York City. Renaissance focuses on low-income, immigrant neighborhoods where the barriers of language, culture and conventional loan underwriting have stymied the growth of small businesses. Renaissance’s lending activities are guided by a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs. As a US Department of Treasury-Certified Community Development Financial Institution (CDFI) and a designated US Small Business Administration (SBA) Microlender and Community Advantage lender, Renaissance offers short and intermediate term loans to entrepreneurs who need to grow or launch new businesses. Renaissance also provides financial literacy services and comprehensive technical assistance to small business owners and entrepreneurs each year through individual counseling and classroom sessions.</p>

Position Summary:

Post-Closing/Loan Servicing Counselor responsibilities include providing post-closing technical assistance to clients with loan payment issues and servicing of the loan portfolio for REDC. Essential functions include:

-Maintain relationships with existing borrowers and troubleshoot any borrower concerns.
-Communicate with clients on their loan payments and any delinquencies.
-Communicate with business counselors when borrower has additional business needs.
-Provide clients with technical assistance on cash flow management when there are payment issues.
-Outreach to existing and new clients on new loan products or technical assistance services that can be helpful to the businesses.
-Process loan payments
-Assist with at-risk loans, loan modifications, pay-offs and charge-offs
-Loan data collection, analysis and reporting to funders, government regulators, board and REDC management.
-Support the attaining of organizational and departmental goals to mitigate risk and maintain a high repayment rate.
-Provide administrative support to REDC management

Responsibilities:

See above.

Requirements:

-Bachelor’s degree in Business Administration or a minimum of two (2) years of small business work experience
-Demonstrated experience in customer service, the ability to communicate clearly, and firmly.
-Superior organizational skills and meticulous attention to detail
-Possess sound judgment, effective decision making, customer service and conflict resolution skills
-Proficiency in Microsoft Office platform (Word, Excel, Access, & PowerPoint) and Portfol loan management database.
-Good written and verbal communication skills required
-Good interpersonal skills and ability to work well with diverse clients
-Ability to work independently and in team environment
-Ability to manage multiple tasks effectively and efficiently under minimal supervision
-Fluency in Korean is highly desirable

Compensation:

Commensurate with experience. Excellent health benefits with paid vacation, holidays, sick days, and personal days.

How to Apply:

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

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

Renaissance Economic Development Corporation is an equal opportunity employer (EOE).

National Housing/Commercial Underwriter Local Initiatives Support Corporation
New York, NY
Job Function: Underwriting
Posted: December 4, 2019

Background:

A core function of LISC is its operation as a loan fund. LISC provides various loan products to a wide array of project types. All loans are subject to oversight by LISC’s Lending Department. In 2017, LISC approved $301 million of new loan commitments, and the outstanding loan portfolio at year-end was $350 million. LISC is looking to grow its lending volume in the years ahead.

Position Summary:

LISC is seeking candidates for the position of Housing/Commercial Underwriter in the organization’s Lending Department. The Housing Underwriter will provide technical assistance, and in some instances direct underwriting support, to local Program Officers in the field and serve as primary underwriter for a set of national and regional borrowers that operate in multiple LISC markets. The Housing/Commerical Underwriter will have deep knowledge of public and private resources available to leverage LISC’s investment and will provide support to strategically deploy LISC’s full array of financing products, including loan products, lines of credit, and tax credit equity, working alongside LISC affiliate National Equity Fund, Inc. (NEF). The Housing Underwriter will report to the Senior Vice President of Lending.

Responsibilities:

Specific responsibilities of this position include:
• Screen, structure and underwrite financing requests, including analyzing operating performance, historical and projected financial performance, management capacity, organizational structure, and project feasibility for affordable housing projects.
• Provide support to local LISC staff on project-specific analysis, deal structuring assistance and underwriting for affordable multifamily rental housing transactions and single-family for-sale and rental transactions.
• Collaborate with internal and external parties (banks, co-lenders, attorneys, etc.) to structure financings including managing intercreditor negotiations; reviewing real estate contracts, leases and due diligence; and identifying and negotiating key risk mitigants including reserves, guarantees and other forms of credit enhancement.
• Present loan recommendations to LISC’s Credit Committee and the Board of Directors, as necessary, and manage the closing process with in-house and external counsel.
• Provide technical assistance to internal LISC staff on project planning, development models and financing options.
• Coordinate internal and external relationships that are critical to growth of the housing lending portfolio including relationships with LISC Housing and LISC Policy staff and other national and local staff, originators of Low Income Housing Tax Credit transactions via LISC affiliate NEF, financial institutions and other program partners.
• Work with LISC management and LISC Housing to develop strategic collaborations with public sector agencies at the local, state, and federal levels that leverage LISC’s capabilities and national platform.
• Performs additional duties, as required.

Requirements:

• Bachelor’s degree in business, finance, real estate or related fields. Master’s degree preferred.
• Minimum 7 years of demonstrated experience with housing and community development and/or multifamily real estate development is preferred, including project financing, market analysis, deal structuring, and financial analysis.
• Demonstrated ability to manage multiple, complex transactions at various stages and coordinate with multiple internal and external parties to meet approval and closing deadlines.
• Deep knowledge of financing products such as predevelopment, acquisition, construction, bridge and permanent loans; lines of credit; and tax credit equity.
• Strong understanding of and experience with community development financial models, including but not limited to low income housing tax credit investments, new markets mixed use tax credit investments, tax-exempt bonds and federal, state and city subsidy programs, including HUD programs.
• Strong verbal and written communication skills.
• Highly detail-oriented.
• Demonstrated interest in LISC’s community development mission.

Compensation:

LISC provides a competitive salary and excellent fringe benefits for this position. Flexibility on geographic location.

How to Apply:

To apply, please email a cover letter and resume to: Cmax@lisc.org

Community Development Loan Officer New Jersey Community Capital
New Brunswick, NJ
Job Function: Lending/Loan Operations
Posted: December 4, 2019

Background:

New Jersey Community Capital is a nonprofit community development financial institution that provides innovative financing and technical assistance to foster the creation of quality homes, educational facilities, and employment opportunities in underserved communities of New Jersey. By investing in financially sound, socially-motivated projects that are often unable to access capital from conventional sources, we improve social outcomes while providing a reliable financial return to our investors. In recent years, we have become a leading innovator of strategies to propel the recovery from the foreclosure crisis, including the large-scale acquisition and rehabilitation of abandoned properties and the bulk-purchase and modification of large pools of nonperforming mortgages. We have also begun several initiatives to support New Jersey’s recovery from Hurricane Sandy. Meanwhile, we continue to provide portfolio management, financial training, research sponsorship, and policy advocacy in order to advance community development in New Jersey.

Position Summary:

The Community Development Loan Officer will work on originating, underwriting, and closing loans. The CDLO will ensure that existing products and services are relevant to market needs and develop new products and services in a variety of sectors, including affordable housing, small business, education, and early care.

Responsibilities:

Working with the Lending team, you will:
• Originate loans and review credit quality of existing loans that are consistent with NJCC’s mission and in compliance with NJCC’s loan policies and capital resources to meet annual loan production goals and objectives.
• Actively maintain and cultivate relationships with new and existing borrowers, financial partners, other CDFIs, referral sources, organizations, community development professionals, and key stakeholders to increase NJCC’s visibility in low- and moderate-income communities.
• Work with clients to gather financial, operational, and organizational materials in preparation of loan applications.
• Address any credit quality issues of existing loans in an expeditious and appropriate manner to mitigate potential loan losses.
• Conduct loan/project underwriting and due diligence, including financial, management and impact analyses, capital pricing analysis, environment and market assessments, and program evaluation and discuss potential project impact and outcomes.
• Prepare commitment letters and review loan closing documents.
• Conduct a periodic review of loan policies and procedures and recommend appropriate changes.

Requirements:

Candidates should have a demonstrated interest in the field of community development and an enthusiasm towards NJCC’s mission and vision. NJCC will give preference to candidates based on the following qualifications:
• Bachelor degree or equivalent experience required; advanced degree in business or related field preferred.
• 3+ years of experience in commercial lending or related field with experience in real estate or affordable housing lending is a plus.
• Knowledge of community development financing and state and local subsidy programs preferred.
• Strong financial and analytical skills and interpersonal and communication skills, both verbal and written.
• Demonstrated ability to build, manage, and deepen client relationships.
• Results-oriented with ability to work independently and handle multiple tasks.
• Proficient in computer applications.
• Ability and willingness to travel throughout New Jersey to meet with clients, stakeholders, and community development professionals.

Compensation:

We offer a competitive nonprofit salary based on experience and skills ($75-$85K/annually), as well as a generous benefits package, including health, dental, disability and life insurance; 401(k) retirement plan after a year of service; flexible spending accounts, including medical, dependent care, and transportation; and 25 paid leave days, including sick and personal plus 12 paid holidays.

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and your résumé to kcastillo@njclf.com. Please include “Community Development Loan Officer – Your Name” in the email’s subject line.

Associate- Community Development Finance SB Friedman Development Advisors
Chicago, IL
Job Function: Lending/Loan Operations
Posted: December 2, 2019

Background:

Located in Chicago’s Loop, SB Friedman is a mission-driven advisor specializing in public-private partnerships and development projects that support community revitalization, placemaking and social equity. We have facilitated over $1.7 billion in successful financings for a wide variety of community development projects.

We are focused on the professional success of our employees and offer the following:

Competitive salary with rapid advancement for strong performers
Performance-based bonus compensation
Generous benefits packages, including company-paid health and dental insurance, 401k with employer match, vacation, and 10+ paid holidays
Paid membership to professional organization to encourage professional growth
Regular peer-delivered “brown bag” sessions on topics of professional interest
Monthly happy hours and staff get-togethers
Newly renovated offices overlooking the Chicago River in the Loop

All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, national origin, ancestry, age, order of protection status, marital status, physical or mental disability unrelated to ability, military status, sexual orientation, pregnancy, or unfavorable discharge from military service.

Position Summary:

We’re seeking an Associate for our growing community development finance team and New Markets Tax Credit (NMTC) practice to support innovative, impact-driven development projects nationwide. This position will primarily focus on two phases of these structured finance transactions: 1) executing the closing process; and 2) the post-closing phase where the project is constructed and stabilized.

Responsibilities:

Key Responsibilities

Underwriting projects/organizations and preparing underwriting memos
Assisting our firm’s clients with the approval and closing processes for NMTC transactions
Assembling due diligence materials and responding to information requests to support the closing process
Supporting efficient closings through coordination with internal and external parties, including attorneys, accountants, funders, and project sponsors
Reviewing third-party reports and documentation, including, but not limited to, insurance certificates, appraisals/broker opinions of value, environmental reports, financial projections, prior expenditure documentation, settlement statements, closing transfer memos, etc.
Summarizing and assisting with ongoing loan servicing, reporting, and compliance obligations
Communicating and building relationships with mission-driven borrowers and investors
Reviewing loan disbursement requests during project construction
Working with clients, borrowers, and investors to identify and troubleshoot problems
Developing and improving systems and processes to increase efficiency and quality

Requirements:

· Bachelor’s degree in Finance, Accounting, Business Administration, or a related field

· Demonstrated interest in impact investing, socially responsible investing, community and economic development, or related topics either through coursework, work experience, or volunteering

· Familiarity with accounting principles, real estate finance, and/or lending and credit analysis concepts

· Proficiency in Microsoft Excel

· Ability to read and interpret legal documents

· Ability to express complicated ideas and concepts clearly via email and in writing

Applicants with additional or equivalent combinations of experience/qualifications are encouraged to apply; the firm may tailor the position for the right candidate.

The ideal candidate for this position is a proactive problem solver and critical thinker with the ability to learn new skills and techniques quickly. The successful applicant will be resourceful, comfortable working in fast-paced environments, and highly detail oriented. Direct experience or training in all areas of work and key responsibilities listed here is not required. If you’re intellectually curious and committed to using your financial background to create positive change, please apply.

Compensation:

We offer competitive salary with annual performance-based bonuses, rapid advancement potential for strong performers, and a comprehensive benefits package.

How to Apply:

Please respond by submitting a cover letter and resume by email to Tony Smith at jobs@sbfriedman.com. Please include “Associate – Community Development Finance” in the subject line.

Associate- Community Development Finance SB Friedman Development Advisors
Chicago, IL
Job Function: Lending/Loan Operations
Posted: December 2, 2019

Background:

Located in Chicago’s Loop, SB Friedman is a mission-driven advisor specializing in public-private partnerships and development projects that support community revitalization, placemaking and social equity. We have facilitated over $1.7 billion in successful financings for a wide variety of community development projects.

We are focused on the professional success of our employees and offer the following:

Competitive salary with rapid advancement for strong performers
Performance-based bonus compensation
Generous benefits packages, including company-paid health and dental insurance, 401k with employer match, vacation, and 10+ paid holidays
Paid membership to professional organization to encourage professional growth
Regular peer-delivered “brown bag” sessions on topics of professional interest
Monthly happy hours and staff get-togethers
Newly renovated offices overlooking the Chicago River in the Loop

All applicants will be afforded equal opportunity without discrimination because of race, color, religion, sex, national origin, ancestry, age, order of protection status, marital status, physical or mental disability unrelated to ability, military status, sexual orientation, pregnancy, or unfavorable discharge from military service.

Position Summary:

We’re seeking an Associate for our growing community development finance team and New Markets Tax Credit (NMTC) practice to support innovative, impact-driven development projects nationwide. This position will primarily focus on two phases of these structured finance transactions: 1) executing the closing process; and 2) the post-closing phase where the project is constructed and stabilized.

Responsibilities:

Key Responsibilities

Underwriting projects/organizations and preparing underwriting memos
Assisting our firm’s clients with the approval and closing processes for NMTC transactions
Assembling due diligence materials and responding to information requests to support the closing process
Supporting efficient closings through coordination with internal and external parties, including attorneys, accountants, funders, and project sponsors
Reviewing third-party reports and documentation, including, but not limited to, insurance certificates, appraisals/broker opinions of value, environmental reports, financial projections, prior expenditure documentation, settlement statements, closing transfer memos, etc.
Summarizing and assisting with ongoing loan servicing, reporting, and compliance obligations
Communicating and building relationships with mission-driven borrowers and investors
Reviewing loan disbursement requests during project construction
Working with clients, borrowers, and investors to identify and troubleshoot problems
Developing and improving systems and processes to increase efficiency and quality

Requirements:

· Bachelor’s degree in Finance, Accounting, Business Administration, or a related field

· Demonstrated interest in impact investing, socially responsible investing, community and economic development, or related topics either through coursework, work experience, or volunteering

· Familiarity with accounting principles, real estate finance, and/or lending and credit analysis concepts

· Proficiency in Microsoft Excel

· Ability to read and interpret legal documents

· Ability to express complicated ideas and concepts clearly via email and in writing

Applicants with additional or equivalent combinations of experience/qualifications are encouraged to apply; the firm may tailor the position for the right candidate.

The ideal candidate for this position is a proactive problem solver and critical thinker with the ability to learn new skills and techniques quickly. The successful applicant will be resourceful, comfortable working in fast-paced environments, and highly detail oriented. Direct experience or training in all areas of work and key responsibilities listed here is not required. If you’re intellectually curious and committed to using your financial background to create positive change, please apply.

Compensation:

We offer competitive salary with annual performance-based bonuses, rapid advancement potential for strong performers, and a comprehensive benefits package.

How to Apply:

Please respond by submitting a cover letter and resume by email to Tony Smith at jobs@sbfriedman.com. Please include “Associate – Community Development Finance” in the subject line.

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