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  • 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. 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 Fund Administrator National Housing Trust
Washington, DC
Job Function: Administrative/Operations/IT
Posted: November 26, 2019

Background:

The National Housing Trust is a strong national nonprofit engaged in affordable housing advocacy, lending, real estate development and energy solutions. Our mission is to preserve and improve affordable multifamily homes to support quality, healthy neighborhoods with a range of housing options so that families of all income levels have an opportunity to thrive.

NHT is an award-winning nonprofit with a focused agenda. The ideal applicant thrives in a fast-paced environment, working with dedicated and entrepreneurial colleagues. NHT has a staff of 30 across its four business lines – public policy, lending (NHT Community Development Fund and Institute for Community Economics), real estate development (NHT Communities) and energy solutions (NHT Renewable).

Through its two lending affiliates, the National Housing Trust Community Development Fund (NHTCDF) and the Institute for Community Economics (ICE), NHT provides access to flexible financing to meet the needs of mission driven affordable housing developers who are preserving and improving affordable homes or creating permanently affordable housing opportunities through community land trusts and shared equity housing.

Position Summary:

The Loan Fund Administrator works closely with the Lending Team to help manage a diverse base of borrowers and investors by consolidating the back-end processes of NHTCDF and ICE.

Responsibilities:

Administration and servicing of loan funds:
• Collect and maintain loan files;
• Maintain loan management and servicing database software systems;
• Manage disbursements, outgoing payments, borrower invoicing and receipt of loan payments;
• Help collect lending data and assist with various lending reports;
• Provide backup packages to NHT’s Finance Team for lending related transactions;

Investor administration:
• Collect and maintain all investor accounts and transaction records;
• Administer investor interest payments, maturities, renewals and other communications;
• Assist with reporting packages for institutional investors;
• Provide backup packages to NHT’s Finance Team for investor related transactions;
• Coordinate annual state registrations of ICE’s Prospectus-based note;

Requirements:

• Commitment to NHT’s mission, including a deep dedication to assisting low income families create
and access opportunities to thrive;
• Strong quantitative skills;
• A demonstrated aptitude for learning software systems and carrying out data entry;
• Demonstrated capacity to engage in a team-structured organization;
• Ongoing skill development and comfort with system change;
• Ability to act professionally at all times and safeguard customer confidentiality;
• Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs (with a focus on Excel);
• Detail-oriented, entrepreneurial self-starter who relishes multitasking;
• Excellent interpersonal, organizational and communications skills, including both verbal and written skills;
• Excellent planning and organization skills;
• Ability to integrate thoroughness and attention to detail with a big picture, strategic vision.
• Resourcefulness, with the ability to deliver results in an entrepreneurial, dynamic environment;
• Experience working with diverse and low-income populations;
• Collaborative spirit and positive attitude (a good sense of humor is a plus);
• Bachelor’s degree required.

Compensation:

The annual salary for this position is $55,000. NHT provides a comprehensive benefits package.

How to Apply:

Submit resume and cover letter to hr@nhtinc.org. Please write "Loan Fund Administrator Application" in the subject line of the email. No phone calls.
NHT is an equal opportunity employer.

Associate, Impact Assessment Y Analytics
Washington, D.C., DC
Job Function: Other
Posted: November 25, 2019

Background:

About Y Analytics

Y Analytics’ mission is to increase the amount and effectiveness of capital allocation for the greater good, as described in the UN Sustainable Development Goals, by increasing trust in the social and environmental impact achieved by that capital. Y Analytics enables greater use of evidence in capital allocation decision making and rigorous methodologies to value impact. Y Analytics is an independent organization launched in parallel to the Rise Fund (https://therisefund.com/). The Rise Fund was founded in 2016 by TPG in partnership with Bono and Jeff Skoll, and invests in companies driving measurable social and environmental impact alongside business performance and strong returns. With $4 billion under management, The Rise Fund platform is committed to rigorous impact underwriting as well as financial performance. It bases this underwriting on evidentiary research and economic valuation. This research and methodology form the starting point for Y Analytics, which is in the process of growing the research and valuation engines, and expanding the types of investments valued and array of capital allocators served. One of the core principles of Y Analytics is that transformational change occurs by working side-by-side with people on real decisions – Y Analytics is a working organization, not a think tank.

Position Summary:

Key Relationships

Reports To: Senior Director of Impact Solutions

Other Key Relationships: Chief Executive Officer, Chief Economist, Managing Director of Client & Product Development, clients and other stakeholders

Responsibilities:

Primary Responsibilities

The Associate will be responsible for driving Y Analytics’ impact assessment with a team of peers. His or her primary responsibilities will include:

  • Working with capital allocators of all types to determine the impact efficiency of their investments and developing the tools required to enable better impact decision-making on investments. This work will entail partnering with investors on impact across the entire life cycle of deals – from initial fund strategy, to exit support. For example, associates will examine questions such as “What is the value of the net impact of a company that purchases milk from smallholder farmers in ways that ensure steadier streams of income, veterinary care for cows, etc.?” or “What is the net impact of delivering cataracts treatments in a drop form that does away with the need for surgery?”
  • Working with Y Analytics leadership to expand the suite of impact assessment methodologies. This is core to Y Analytics’ strategy to direct capital where the greatest impact can be achieved. Y Analytics Associates might contribute to expanding the methodology to asset classes such as public equities, public debt, venture capital and catalytic capital.
  • Taking the lead on elements of other special projects and/or functional roles. The Associate will be a core member of a quickly growing team and should bring an entrepreneurial mindset to his or her work, with the goal of advancing Y Analytics’ mission. He or she will help shape the culture and operations of the organization. Example functional roles held by Associates in the past include: client/sector leadership, communications strategy & execution, and knowledge/database management.

Requirements:

Eligibility:

2 or more years’ work experience, ideally in development finance, traditional finance or consulting. Must be authorized to work in the U.S.

Ideal Experience

  • 2+ years of work experience, ideally in development finance, traditional finance or consulting
  • Experience creating/driving complex quantitative models and performing data analytics, with an aptitude to quickly get familiar and iterate on impact valuation models and research/company data
  • Demonstrated ability to quickly identify key drivers and sensitivities in quantitative analyses, synthesize findings in presentations and written documents, and communicate these to senior leadership and clients
  • Experience conducting, interrogating, interpreting, or applying third-party academic research is a plus
  • International experience, including exposure to developing countries, is a plus

Critical Competencies for Success

The ideal candidate:

  • Is committed to Y Analytics’ mission to improve the future of humanity and our planet through effective capital allocation for the greater good.
  • Has exceptional quantitative analytics capabilities.
  • Is a highly creative problem solver, who enjoys structuring a problem, interrogating research, and rapidly translating learnings into meaningful outputs to inform live decisions.
  • Has an entrepreneurial drive to help build new standards for an industry.
  • Is fully capable of engaging with senior clients in professional settings.
  • Has a strong sense of ownership for delivering high quality outputs to clients.
  • Thrives in start-up/high energy team environments, where everyone can and should take initiative to build beyond what is called for in a narrow action plan.

Other Personal Characteristics

  • Positive and solutions-oriented attitude, with a drive for excellence
  • A strong team player who is collaborative, and who listens to and values others’ opinions Commitment to fairness and ethical behavior; values and treats others with respect
  • Awareness of and sensitivity to cultural differences; values diversity and its importance to an organization’s performance
  • A sense of humility and humor
  • Ability to travel infrequently if needed, both domestically and internationally

Learn More

Compensation:

TBD

How to Apply:

Application Instructions:

In lieu of a cover letter, please prepare written responses to the questions below. Please send your responses along with your resume to Jobs@YAnalytics.org. Write in the subject line: “Last Name, First Name – Associate Application (OFN)”.

Application Questions:

Please limit responses to a single page total:

  1. How would you go about conducting a market scan for an industry about which you have little prior knowledge?
  2. What steps would you take to estimate the health benefits of drastically reducing the cost of a life-saving drug?
  3. Imagine you are trying to quantify the potential impact of a microcredit company in a particular country. You have found 3 sources with 3 different estimates covering the same time period. What would you do?

Small Business Loan Officer Washington Area Community Investment Fund
Washington, DC
Job Function: Lending/Loan Operations
Posted: November 22, 2019

Background:

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

Position Summary:

The Washington Area Community Investment Fund (Wacif) seeks to fill the full-time position of Small Business Loan Officer, which will be responsible for identifying, acquiring, and expanding lending opportunities in target markets with a focus on providing loan financing and technical assistance to small businesses and nonprofit organizations. The Small Business Loan Officer will analyze, structure, and negotiate credit requests. In addition, the Small Business Loan Officer will work closely with borrowers and key stakeholders to find solutions, effectively manage the loan process from origination through closing, and actively manage the borrower relationship throughout the term of the loan.

Responsibilities:

Marketing/Outreach
- Conduct proactive outreach to target underserved markets and communities to cultivate new lending opportunities.
- Respond to referrals (internal and external) in a timely, professional manner.
- Promote Wacif loan services and products and business services resources to prospective borrowers, community organizations, and other community partners.
- Represent Wacif in public forums, facilitate community outreach efforts, and other activities that promote lending activities.

Loan Origination
- Gather data necessary about clients and businesses to ensure that an informed decision is made.
- Analyze and verify borrower loan application to determine creditworthiness and probability of repayment.
- Provide guidance to prospective borrowers on loan products and specific requirements associated with each loan product.

Underwriting
- Conduct a comprehensive industry and financial analysis and risk assessment and to determine appropriate loan terms and repayment schedule.
- Insure loan requests comply with loan underwriting, product and program policies and procedures.
- Prepare and submit credit memorandums to Director of Lending and/or loan committee for approval.
- Assist with loan closing functions, including preparation of loan documents in consultation with appropriate staff members and legal counsel.

Portfolio Management
- Maintain accurate files of current borrower.
- Actively monitor borrower’s financial and organizational health, recommend action and restructure loans when necessary.
- Work closely with loan collections staff to contact borrowers with delinquent loan accounts to help them find a method of repayment in order to avoid their defaulting on the loan.
- Assist with impact data collection and reporting on borrowers.

Other Duties As Assigned
- Provide business consulting services/technical assistance to improve the financial capacity of prospective applicants and existing borrowers.
- Prepare internal and external reports as required for executive management and Board of Directors.
- Support Director of Lending and executive team on various projects and assignments.

Requirements:

Bachelor’s degree from an accredited institution required.
Minimum of 2-5 years of lending experience required; formal credit training is a plus.
Small business lending experience, preferred.
Prior work-related experience and knowledge of community development lending, Small Business Administration (SBA) loans, as well as traditional and alternative loan programs is beneficial.
Prior related work experience in the non-profit and/or public sectors preferred.
Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
Hands on experience working with small business owners is a plus
Excellent verbal, written, and interpersonal communication skills.
Must possess the ability to meet performance goals.
Ability to say ‘no’ when appropriate.
Detail–oriented individual, and ability to work independently and with a team.
Fluency in MS Office suite (Excel, Word, PowerPoint), and superior analytical skills are required.
Occasional evening and weekend hours may be required.
Bilingual (English/Spanish) a plus.

Compensation:

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

How to Apply:

Interested candidates should email a resume/CV, thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and salary requirements to opportunity@wacif.org with “Small Business Loan Officer” in the subject line.

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

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

No calls please. Telephone inquiries will not be accepted.

Development Manager Washington Area Community Investment Fund
Washington, DC
Job Function: Business Development
Posted: November 22, 2019

Background:

About the Washington Area Community Investment Fund (Wacif)

Established in 1987, the Washington Area Community Investment Fund’s mission is to increase equity and economic opportunity in underserved communities in the Washington, DC area by investing knowledge, social, and financial capital in low- and moderate-income entrepreneurs. Our mission is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building technical assistance to low- and moderate-income entrepreneurs. Wacif is a nonprofit Community Development Financial Institution (CDFI), and over the past seven years has closed nearly 130 loans totaling $8 million, assisted over 2,000 entrepreneurs with small business coaching and technical assistance, resulting in over 300 local jobs created or retained.

Position Summary:

The Washington Area Community Investment Fund (Wacif) seeks to fill the full-time position Development Manager, which will be responsible for identifying funding opportunities; developing capture strategies and tactics; leading the production and writing of winning proposals; and, supporting the development of engagement opportunities to include written content development and event design.

Responsibilities:

Opportunity Identification/Market Research

- Lead the organization’s efforts to understand the full range of funding opportunities to include philanthropic, corporate, individual, institutional, and other opportunities
- Develop and execute a strategic, coherent process for including internal and external stakeholders – to include staff, Board, and others as appropriate – in market analysis and opportunity triage activities
- Develop and implement a strategic, comprehensive approach to opportunity prioritization and decision-making related to the pursuit or non-pursuit of specific opportunities
- Lead the development of market analytics, helping Wacif quantify its total addressable market and establish realistic revenue scenarios and year-ahead development planning
- Facilitate the team’s identification of emerging trends aligned with Wacif strengths and community need
- Build staff awareness of key market opportunities and solicit their expertise on capture strategies

Proposal Management and Development
- Lead the development and management of a rational and collaborative process that results in the submission of timely, winning proposals, including:
- Leading the kickoff of proposal development efforts;
- Reading funding solicitations in detail and developing proposal outlines;
- Making and managing staff assignments as relates to proposal input development, specifically gathering program and budget design inputs from internal and external partners and refining them into final text;
- Leading proposal review sessions, capturing and reflecting staff feedback;
- Packaging supporting documentation in collaboration with internal partners; and,
- Ultimately submitting proposals ahead of posted deadlines and monitoring their status.
- Identify opportunities to re-purpose proposal inputs for strategic communications, in support of opportunity capture

Internal Analytics and Forecasting
- Develop and maintain organizational infrastructure related to internal development analytics, including:
- Maintaining Wacif’s development pipeline, including specific data elements related to current and upcoming opportunities, including but not limited to opportunity status, partner, funder, timing, and next steps; and,
- Facilitating recurring leadership team sessions to: review funding forecasts, discuss funding scenarios, model fundraising targets, and key capture next steps
- Contribute to and facilitate Board discussions related to development

Capture Strategy Development and Implementation
- Collaborate across the organization and within the Development and Communications team to develop opportunity-specific capture strategies and tactics
- Support the planning and implementation of related marketing and engagement tactics, including meeting and relationship development with strategic organizations and points of contact
- Identify industry and other events at which Wacif should have presence, and support the design and implementation of Wacif tactics at those events
- Identify opportunities to increase support from existing partners

Strategic Marketing and Communication
- Support the development of content that positions Wacif for priority opportunities
- Support the development and implementation of engagement opportunities, including events
- Author and edit written content, including blogs, reports, brochures, and powerpoints
- Collaborate within the Development and Communications team and across the organization to ensure that the editorial calendar includes content that supports opportunity capture efforts.

Requirements:

Strong time management skills with ability to plan, coordinate, organize, prioritize and simultaneously implement multiple projects
At least 5 years of previous fundraising and development experience, ideally including public and private sector opportunities
At least 2 years of experience writing and developing proposals
Proficiency in MS Office suite (Excel, Word, Outlook and PowerPoint)
Outstanding written and oral communications skills
Experience handling confidential information with high level of discretion
A high level of motivation, initiative and attention to detail demonstrated by the proactive inclination to take on projects without being asked
A friendly, collegial personality with compulsive integrity and a well-conditioned sense of humor
Interest in and commitment to Wacif’s mission of working with low- and moderate-income individuals and underserved communities.

Compensation:

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

How to Apply:

Please send a resume and cover letter to Opportunity@wacif.org.

Small Business Mission-Based Loan Officer Women's Opportunities Resource Center
Philadelphia, PA
Job Function: Lending/Loan Operations
Posted: November 22, 2019

Background:

WORC offers a range of micro- financing products ranging from $500 to $50,000 links customers to a comprehensive array of financial education & other services provided by WORC. WORC was recently approved by the Small Business Administration (SBA) to offer the Community Advantage (CA) Loan product that goes up to $250,000 to assist entrepreneurs purchase the real estate they operate out of. The ideal candidate has existing contacts with local financial institutions, economic development and business assistance organizations, community organizations, professional associations, economic development agencies and/or small business development centers and experience with Community Advantage or 7a loans.

Background:

Founded in 1993, Women’s Opportunities Resource Center (WORC) enables low-income individuals – primarily women and their families – to increase their social and economic self-sufficiency through self-employment training, microlending, support services, savings programs and access to business & financial resources. WORC has been nationally recognized for its work, receiving, among other awards, the 2001 U.S. Treasury Presidential Award for Excellence in Microenterprise Development – Poverty Alleviation as well as the 2005 Association for Enterprise Opportunity Innovation in Technology Award. WORC targets the 5-county greater Philadelphia area and New Castle, Delaware.

For 25 years, WORC has enabled low-income families to reach a state of financial self-sufficiency. We are unique in that we are the only agency in the region to focus on building not just income but assets & wealth. We achieve this by integrating programs in three major areas – microlending, self-employment training & incentive saving – into an overall asset-building approach. Since our founding we have distributed 823 microloans totaling $4.13 mil for business startup or expansion; trained 3,700 low-income, underemployed, dislocated, and mature workers how to start and run a business.

Position Summary:

We are looking for a Mission Based lender to grow WORC’s lending products in assisting small business owners in securing financing for their business and purchasing their commercial buildings via loans at WORC. The Women’s Opportunities Resource Center (WORC) and its subsidiary The Economic Opportunities Fund (EOF) are both certified Community Development Financial Institution that provide financial and technical assistance to micro entrepreneurs and businesses in the Philadelphia area.

This position would be a Sr. Loan officer role packaging expansion loans above $35,000 and packaging and sourcing Community Advantage loans up to $250,000 for entrepreneurs to purchase real estate for their business.

Responsibilities:

Originate/package and underwrite loans in accordance with production expectations. Submit loans with required documents, and loan officer recommendation to MMS (LiftFund) for underwriting and present loans to the loan advisory council for approval where required.

· Go to community business owner’s place of work to pick up documents and assist with getting the client “loan ready”

· Assist in growing the loan portfolio, specifically with loans ranging from $20-50,000 and/or Community Advantage loans up to $250,000

· Work one-on-one with entrepreneurs and business owners throughout the lending process to identify and address financing and business development needs.

· Provide training and technical assistance e.g. bookkeeping, business plan development, and other assistance as needed to the borrowers both before and after the loan closing.

· Work cross-functionally with other departments to maximize new business development and marketing efforts across the organization & attend staff meetings

· Develop & Implement a marketing/outreach strategy to reach target market (LMI and/or minority owned small businesses)

Requirements:

Proficiency with basic accounting and bookkeeping principles.

· Excellent organizational and analytical skills.

· Prior Lending experience, ideally experience with with SBA 7a, CA or 504 loans

· Interest in community development, economics, and/or microfinance.

· A 4- year degree from an accredited university in a relevant disciple.

· Minimum of two years’ experience in community or economic development lending, and/or microfinance with lending institutions, government loan programs or community lenders

· Good public speaker with demonstrated marketing, sales, and/or community organizing skills.

· Entrepreneurial spirited and Organized self-starter with strong analytical skills and ability to multi-task.

· Customer service oriented, patient, flexible, with ability to accept and give constructive feedback and a sense of humor.

· Knowledge of Philadelphia and the surrounding four counties with willingness to travel.

· Ability to work some evenings and occasional weekend days to attend meetings, seminars and events.

Compensation:

Competitive :Benefits include: vacation, paid holidays, health and pension plan. WORC/EOF is an equal opportunity employer and the board of directors and staff value diversity in all aspects of employment.

How to Apply:

Please email resume and cover letter to Mary Soldano at msoldano@worc-pa.com. Apply today!

Director of Finance and Operations Metropolitan Consortium of Community Developers
Minneapolis, MN
Job Function: Finance
Posted: November 21, 2019

Background:

MCCD is an association of nonprofit community development organizations committed to expanding the wealth and resources of neighborhoods through housing and economic development initiatives. For close to thirty years, MCCD members have worked together to increase opportunities for the development of quality, community-based projects through collaborative action on public policy issues, loan fund development, public education efforts, and long-term strategic planning. Through these efforts, the organization has demonstrated the effectiveness and efficiencies gained by a shared vision of cooperation.

MCCD’s strength originates from its diverse membership, which includes organizations specializing in the development of high quality affordable housing, small business development, and workforce development. While the members may work with separate facets of community development, all members seek to direct economic and social resources towards underserved communities. MCCD’s staff help facilitate cooperation and communication among all of its members and advocate on behalf of their work.

MCCD performs three core activities:

- Convening
- Public Policy
- Open to Business Program

MCCD also provides small business loans for emerging entrepreneurs who face challenges in accessing the commercial banking system, Many of our borrowers are from low income, minority and new arrival communities. As part of a financing plan, our borrowers can receive help in planning, organizing and managing their businesses. Since 2003, MCCD had loaned over $6.7 million to over 550 entrepreneurs for business start-up or expansion projects.

Position Summary:

The Director of Finance and Operations oversees the finance and accounting, loan portfolio management, information technology, human resources, and facilities operations of the Metropolitan Consortium of Community Developers (MCCD). Core to the position and to the organization is MCCD’s status as a certified Community Development Financial Institution (CDFI). The Director of Finance plays a key leadership role in guiding MCCD’s financial and mission success as a CDFI. This role is a member of the Senior Leadership Team including Director of Small Business Lending & TA, Director of Policy, and President/CEO. This position directly oversees the internal accounting team, supervises the Loan Program Manager, and human resources functions. This leadership position requires the ability to collaboratively develop and implement financial strategies that integrate a holistic array of programs offered by the organization, including lending, strategic consulting, board development, financial guidance, online resources, training, and fiscal sponsorship.

Responsibilities:

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The following list is not designed to comprise a comprehensive listing of activities, duties or responsibilities that may be required for this job. Duties, responsibilities, and activities may change at any time with or without notice.

• Lead the planning, organizing, and supervision of the financial and accounting functions that support the organization’s teams, programs, projects, and mission success.
• Oversee the operational functions of MCCD, including loan portfolio management, facilities, data management, information technology, office systems, and procedures.
• Supervise and guide the human resources function of the organization, including compensation practices, benefits design, and hiring processes.
• Direct budget process that collaboratively involves board and staff leadership.
• Oversee compliance and outside evaluation including audit, federal grant reporting, and CDFI rating process.
• Act as a thought leader in the area of nonprofit finance through writing, speaking, and training on nonprofit accounting and finance topics.

Requirements:

Qualifications

• Leadership experience supervising and guiding staff, including those who are themselves managers and directors.
• Experience and success in developing strategy and guiding staff and organizations towards long-term goals.
• Excellence in managing projects from conception to completion.
• Significant technical expertise in nonprofit accounting, including knowledge of and proficiency implementing FASB standards and GAAP accounting principles.
• Ability to listen to and effectively communicate support to staff and clients.
• Commitment to quality customer service to other staff across all programs.
• Ability to simplify and communicate complex accounting principles for staff and clients.
• Ability to work effectively both independently and in a team environment.
• Commitment to working in collaboration with diverse groups of staff and clients.

Education and Other Training

Required:

• 8+ years of experience in nonprofit accounting and/or financial management.
• 5+ years of experience successfully supervising and managing a professional staff team.
• Strong knowledge of GAAP and nonprofit accounting principles.

Preferred:

• BA or BS degree, ideally in accounting, business, or financial management or related field.
• Experience in accounting and financial process design and development.
• Experience with regulatory and compliance reporting required of nonprofit organizations and CDFIs.

Compensation:

Not Specified

How to Apply:

Interested candidates should send a cover letter and résumé (both required) to info@mccdmn.org with “Director of Finance” in the subject line; or via mail to MCCD, c/o Greg Gramza, 3137 Chicago Avenue S., Minneapolis, MN 55407.

Application deadline: open until filled. MCCD is an equal opportunity employer. No phone calls please.

Consumer Finance Business Analyst The Pew Charitable Trusts
Washington, DC
Job Function: Research and Analytics
Posted: November 20, 2019

Background:

The Trusts, a single entity, is the successor to, and sole beneficiary of, seven charitable funds established between 1948 and 1979 by J. Howard Pew, Mary Ethel Pew, Joseph N. Pew, Jr., and Mabel Pew Myrin — the adult sons and daughters of Sun Oil Company founder Joseph N. Pew and his wife, Mary Anderson Pew. Honoring their parents' religious conviction that good works should be done quietly, the original Pew Memorial Foundation[2] was a grantmaking organization that made donations anonymously. The foundation became the Pew Memorial Trust in 1956, based in Philadelphia, the donors' hometown. Between 1957 and 1979, six other trusts were created, representing the personal and complementary philanthropic interests of the four siblings.[3][4] The Trusts continues to be based in Philadelphia, Pennsylvania, with offices in Washington, D.C., London, and Brussels.

Although today The Pew Charitable Trusts is non-partisan and non-ideological, Joseph Pew and his heirs were politically conservative. The modern day organization works to encourage responsive government and support scientific research on a wide range of issues, including global ocean governance, correction reform, and antibiotic resistance.

Position Summary:

The senior associate will design and implement research projects and produce reports and other products in service of the project's goals. Depending on project needs, products may include issue briefs, visual data representations, revenue models, or other works of analysis in addition to full-length research reports. This position will collaborate with colleagues working to advocate for research-based public policy reforms and will be called upon to contribute ad hoc analysis for campaigns.

Responsibilities:

Responsibilities
• Identify key findings and present them clearly and concisely. Write original drafts of findings and present polished deliverables to the project team. Identify novel ways of presenting information, including through maps or multimedia presentations.
• Provide research capabilities to the project team, including analysis of market data (corporate filings and analyst reports), demographic and statistical data, academic research, regulatory filings, proprietary data (survey findings, consumer credit report data), news events; etc.
• Create profit-loss models for consumer credit products and produce forecasts for outcomes based on market conditions under various assumed policy frameworks. Using this knowledge, recommend enhancements to the project's policy recommendations and support technical assistance efforts to federal and state government officials.
• Present findings in a manner that is adapted to various project needs, including internal use (executive briefings, literature reviews, presentations) and for incorporation in publications, regulatory comment letters, technical assistance briefings, media outreach (including social media), and public presentations.
• Develop project publications, translating complex research findings into clear and compelling narratives that are highly relevant to policy deliberations and easily understood by the public, media, and policymakers. Proactively collaborate with colleagues to ensure the publications are accurate and effective.
• Support the project's communications outreach and campaign work as required, including analysis of news and political developments, preparation of briefing materials for management and key stakeholders, and production of meetings, events, and webinars.
• Develop and maintain knowledge about consumer finance issues, and especially the consumer credit market and the key laws that govern it. Proactively help colleagues and managers identify and respond to opportunities.
• Conduct independent research to identify new opportunities for meeting the goals of the Family Economic Stability team. Conduct strategic research and planning projects as directed by the project director.
• Maintain a broad knowledge of research methodologies and practices. Attend conferences, seminars, and other professional development activities to keep current in areas of focus.

Requirements:

Qualifications
• Bachelor's degree required, advanced degree in public policy, business administration, or a similar field preferred.
• At least four years of applicable experience conducting research or consulting projects with quantitative components, in fields related to public policy, product development, or market research. Experience working on issues related to consumer finance a plus.
Travel
• This position may involve periodic travel to research projects, conferences, or meetings.

Apply Here: https://www.click2apply.net/x823zx8wgp3fxg94

PI115628203

Compensation:

DOE

How to Apply:

Apply Here:https://www.click2apply.net/x823zx8wgp3fxg94

Consumer Finance Business Analyst The Pew Charitable Trusts
Washington, DC
Job Function: Research and Analytics
Posted: November 20, 2019

Background:

The Trusts, a single entity, is the successor to, and sole beneficiary of, seven charitable funds established between 1948 and 1979 by J. Howard Pew, Mary Ethel Pew, Joseph N. Pew, Jr., and Mabel Pew Myrin — the adult sons and daughters of Sun Oil Company founder Joseph N. Pew and his wife, Mary Anderson Pew. Honoring their parents' religious conviction that good works should be done quietly, the original Pew Memorial Foundation[2] was a grantmaking organization that made donations anonymously. The foundation became the Pew Memorial Trust in 1956, based in Philadelphia, the donors' hometown. Between 1957 and 1979, six other trusts were created, representing the personal and complementary philanthropic interests of the four siblings.[3][4] The Trusts continues to be based in Philadelphia, Pennsylvania, with offices in Washington, D.C., London, and Brussels.

Although today The Pew Charitable Trusts is non-partisan and non-ideological, Joseph Pew and his heirs were politically conservative. The modern day organization works to encourage responsive government and support scientific research on a wide range of issues, including global ocean governance, correction reform, and antibiotic resistance.

Position Summary:

The senior associate will design and implement research projects and produce reports and other products in service of the project's goals. Depending on project needs, products may include issue briefs, visual data representations, revenue models, or other works of analysis in addition to full-length research reports. This position will collaborate with colleagues working to advocate for research-based public policy reforms and will be called upon to contribute ad hoc analysis for campaigns.

Responsibilities:

Responsibilities
• Identify key findings and present them clearly and concisely. Write original drafts of findings and present polished deliverables to the project team. Identify novel ways of presenting information, including through maps or multimedia presentations.
• Provide research capabilities to the project team, including analysis of market data (corporate filings and analyst reports), demographic and statistical data, academic research, regulatory filings, proprietary data (survey findings, consumer credit report data), news events; etc.
• Create profit-loss models for consumer credit products and produce forecasts for outcomes based on market conditions under various assumed policy frameworks. Using this knowledge, recommend enhancements to the project's policy recommendations and support technical assistance efforts to federal and state government officials.
• Present findings in a manner that is adapted to various project needs, including internal use (executive briefings, literature reviews, presentations) and for incorporation in publications, regulatory comment letters, technical assistance briefings, media outreach (including social media), and public presentations.
• Develop project publications, translating complex research findings into clear and compelling narratives that are highly relevant to policy deliberations and easily understood by the public, media, and policymakers. Proactively collaborate with colleagues to ensure the publications are accurate and effective.
• Support the project's communications outreach and campaign work as required, including analysis of news and political developments, preparation of briefing materials for management and key stakeholders, and production of meetings, events, and webinars.
• Develop and maintain knowledge about consumer finance issues, and especially the consumer credit market and the key laws that govern it. Proactively help colleagues and managers identify and respond to opportunities.
• Conduct independent research to identify new opportunities for meeting the goals of the Family Economic Stability team. Conduct strategic research and planning projects as directed by the project director.
• Maintain a broad knowledge of research methodologies and practices. Attend conferences, seminars, and other professional development activities to keep current in areas of focus.

Requirements:

Qualifications
• Bachelor's degree required, advanced degree in public policy, business administration, or a similar field preferred.
• At least four years of applicable experience conducting research or consulting projects with quantitative components, in fields related to public policy, product development, or market research. Experience working on issues related to consumer finance a plus.
Travel
• This position may involve periodic travel to research projects, conferences, or meetings.

Apply Here: https://www.click2apply.net/x823zx8wgp3fxg94

PI115628203

Compensation:

DOE

How to Apply:

Apply Here:https://www.click2apply.net/x823zx8wgp3fxg94

Underwriting and Credit Manager LOCUS Impact Investing
Richmond, VA
Job Function: Underwriting
Posted: November 15, 2019

Background:

LOCUS is a nonprofit consulting firm and mission-driven registered investment advisor serving foundations looking to use more of their assets to promote prosperous, vibrant communities. At LOCUS, our mission is to guide and support foundations as they move from exploring the tool of local impact investing to unlocking meaningful, mission-driven assets to deploying those assets for catalytic community impact. Our team of economic development, former philanthropic staff and finance professionals work in partnership with our clients to deliver right-sized, resonant onramps to accelerate the deployment of place-based impact investments.

Position Summary:

LOCUS seeks a seasoned community development credit professional to manage and lead underwriting for the Community Investment Guarantee Pool (CIGP) and other LOCUS credit responsibilities. CIGP is a new impact investing infrastructure designed to provide unfunded loan guarantees to financial intermediaries in the sectors of affordable housing, small business and climate solutions.

The ideal candidate will have a balanced perspective on managing credit risk in conjunction with creating positive social impact. The position will be responsible for underwriting and managing the portfolio of unfunded guarantees.

Candidates should have experience underwriting financial intermediaries (lenders) and individual loan transactions, specifically in the areas of affordable housing, small business and climate solutions. The candidate will need the ability to model and estimate portfolio losses. Experience with credit guarantees is a plus, but not required. The position will report to the Chief Risk Officer. Work location is flexible.

Responsibilities:

• Review guarantee applications for alignment with Program and Underwriting Guidelines

• Manage pipeline of guarantee applications by narrowing and selecting guarantees for full underwriting

• Underwrite guarantee applications for credit risk and social impact

• Prepare and present credit approval presentations to Program Parameter and Credit Committee

• Work with attorneys to document and close approved guarantees

• Serve as liaison with financial intermediaries on proposed and deployed guarantees

• Perform annual credit and impact review of deployed guarantees

• Risk rate deployed guarantees on at least an annual basis

• Prepare and maintain guarantee exposure report for Program Parameter and Credit Committee

• Estimate quarterly and annual guarantee claims

• In conjunction with Chief Risk Officer, maintain and manage Program and Underwriting Guidelines on at least an annual basis

• In conjunction with CIGP Program Manager and LOCUS leadership, prepare an annual report on the CIGP program development

• As necessary, conduct third-party LOCUS underwriting and analysis; and other LOCUS credit related duties

Requirements:

• Bachelor’s degree and 7+ years of relevant work experience in credit underwriting and administration

• Knowledge and experience in community development lending is required

• Social impact investing a plus

• Social impact data tracking and management a plus

• Demonstrated ability to manage and support time-sensitive and complex projects

• Excellent writing, verbal, and presentation skills are required, including a demonstrated knowledge of Microsoft Office

• Strong interpersonal skills with demonstrated ability to manage and work in teams

• Salesforce experience is a plus; and limited to occasional travel including overnight travel required (10-25% of time).

Compensation:

$90,000 - $125,000

How to Apply:
Please submit an application through our career page.

Credit Analyst LOCUS Impact Investing
Richmond, Norfolk, Christiansburg, VA
Job Function: Underwriting
Posted: November 15, 2019

Background:

LOCUS is a nonprofit consulting firm and mission-driven registered investment advisor serving foundations looking to use more of their assets to promote prosperous, vibrant communities. At LOCUS, our mission is to guide and support foundations as they move from exploring the tool of local impact investing to unlocking meaningful, mission-driven assets to deploying those assets for catalytic community impact. Our team of economic development, former philanthropic staff and finance professionals work in partnership with our clients to deliver right-sized, resonant onramps to accelerate the deployment of place-based impact investments.

Position Summary:

LOCUS seeks a credit professional to support underwriting and portfolio management of the Community Investment Guarantee Pool (CIGP). CIGP is a new impact investing infrastructure designed to provide unfunded loan guarantees to financial intermediaries in the sectors of affordable housing, small business and climate solutions.

The Credit Analyst will support the Credit and Underwriting Manager with originating and monitoring loan guarantees. The ideal candidate will have a balanced perspective on credit risk as it relates to creating positive social impact. The position will be responsible for supporting the Credit and Underwriting Manager with the origination and ongoing management of guarantees.

Candidates should have credit administration experience in addition to knowledge of social impact metrics and tracking, specifically in the areas of affordable housing, small business and climate solutions. The candidate will need the ability to collect, track and analyze credit and social impact data. Position can be filled in either Richmond, Norfolk or Christiansburg.

Responsibilities:

• Manage regular guarantee application rounds

• Maintain a credit pipeline report of prospective, existing and approved guarantee applications

• Work with the Credit and Underwriting Manager to evaluate guarantee applications for social impact and credit risk

• Collect impact data to validate and monitor social impact of deployed guarantees

• Collect credit data on outstanding guarantees to assess portfolio risk and performance

• Draft and finalize effectiveness letters for underlying loan transactions on deployed guarantees

• Prepare annual reports of outstanding guarantees, including but not limited to:

o Risk Rating Report

o Impact Report

• Prepare quarterly loss report for Portfolio Parameter and Credit Committee (PAC)

• In conjunction with Credit and Underwriting Manager, maintain guarantee exposure report for PAC; and other LOCUS credit related duties.

Requirements:

• Bachelor’s degree and 3+ years of relevant work experience in credit administration

• Knowledge and experience in community development lending is a plus

• Social impact investing a plus

• Social impact data tracking and management a plus

• Demonstrated ability to manage and support time-sensitive and complex projects

• Excellent writing, verbal, and presentation skills are required, including a demonstrated knowledge of and experience in Microsoft Office

• Strong interpersonal skills with demonstrated ability to manage and work in teams

• Salesforce experience is a plus.

Compensation:

$50,000 - $75,000

How to Apply:
Please go to our careers page and submit an application.

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