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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. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

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

Origination Loan Officer Capital Impact Partners
Oakland, CA
Job Function: Lending/Loan Operations
Posted: July 20, 2018

Background:

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

Position Summary:

The Loan Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions.

Responsibilities:

  • Contribute to loan production goals by identifying lending opportunities and originating new loans upon referral from the business development team
  • Structure loan transactions in compliance with internal credit and program requirements under the supervision of the manager
  • Prepare and negotiate loan proposals with borrowers and partners (business term sheets and commitment letters) under the supervision of the manager
  • Manage the loan approval process from deal screening to loan approval
  • Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context.)
  • Attend industry trade conferences, and make presentations; foster and maintain key strategic relationships
  • Assist with the marketing and communication on closed transactions
  • Work closely with all lending staff to assure excellent customer service
  • Work with partners on loan participations and program loans
  • Participate in strategic planning and innovation process

 

Requirements:

  • Bachelor’s degree required. Advance degree in business, finance or related field preferred
  • 2-5 years of lending experience
  • Experience with community development underwriting in any of our key sectors of healthcare, education, healthy foods, affordable housing, and the ability to age with dignity
  • Knowledge of New Market Tax Credits and Community Development Financial Institution is a plus
  • Demonstrated experience in preparing and negotiating complex transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation
  • Familiarity with federal, state, and local community development programs, particularly programs that finance senior facilities, educational facilities, federally-qualified health centers and affordable housing; and/or experience in commercial real estate or grocery lending is a plus
  • Strong analytical and communication skills
  • Candidates must have sufficient credit skills to conduct risk assessment and manage a portfolio
  • Proficiency with Microsoft Office (particularly Word, Excel, and Power Point), Adobe Acrobat, Moody’s Analytics/Lending Cloud and Salesforce
  • Ability to travel up to 20% of the time

Compensation:

$89,760-$112,200

How to Apply:

https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=2032900&B_ID=91

Business Development Officer Capital Impact Partners
Oakland, CA
Job Function: Business Development
Posted: July 20, 2018

Background:

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

Position Summary:

Capital Impact Partners seeks a Business Development Officer to strengthen its Business Development Group. The Business Development Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions. The ideal candidate will have a passion for work in community development and social impact, 4-6 years of experience in lending. Knowledge of New Markets Tax Credits (NMTC) and CDFIs is helpful.

Responsibilities:

The Business Development Officer will:

  • Contribute to loan production goals by identifying lending opportunities and referring them to the loan origination team.
  • Market Capital Impact lending products and services to existing and new customers and strategic partners.
  • Respond to loan inquiries and screen potential loan transactions to ensure alignment with Capital Impact’s lending strategy, credit guidelines and loan products/programs availability.
  • Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context).
  • Manage and attend conferences, events and represent Capital Impact on panels at conferences, workshops and webinars.
  • Manage relationships with partners and existing and new borrowers.
  • Work closely with all lending staff to assure excellent customer service.
  • Participate in strategic planning and innovation process.
  • Manage loan pipelines for Capital Impact programs and funds.

Requirements:

  • Bachelor’s degree required. Advanced degree in business, finance or related field preferred.
  • 4-6 years of lending experience. Community development underwriting, knowledge of Capital Impact’s major sectors and NMTC is a plus.
  • Ability to travel up to 50% of the time
  • Familiarity with federal, state and local community development programs, particularly programs that finance senior facilities, educational facilities, federally-qualified health centers and affordable housing
  • Experience in commercial real estate or grocery lending is a plus.
  • Candidates should have strong sales and communications skills
  • Passion for mission driven work and projects that support underserved communities in the United States.
  • Excellent organizational skills with high attention to detail.
  • Excellent verbal/written communication skills.

Compensation:

$89,760-$112,200

How to Apply:

https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=2051934&B_ID=91

Business Development Officer Capital Impact Partners
Detroit, MI
Job Function: Business Development
Posted: July 20, 2018

Background:

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

Position Summary:

Capital Impact Partners seeks a Business Development Officer to strengthen its Business Development Group. The Business Development Officer is responsible for representing Capital Impact in its lending activities and originating new loan transactions. The ideal candidate will have a passion for work in community development and social impact, 4-6 years of experience in lending. Knowledge of New Markets Tax Credits (NMTC) and CDFIs is helpful.

Responsibilities:

The Business Development Officer will:

  • Contribute to loan production goals by identifying lending opportunities and referring them to the loan origination team.
  • Market Capital Impact lending products and services to existing and new customers and strategic partners.
  • Respond to loan inquiries and screen potential loan transactions to ensure alignment with Capital Impact’s lending strategy, credit guidelines and loan products/programs availability.
  • Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context).
  • Manage and attend conferences, events and represent Capital Impact on panels at conferences, workshops and webinars.
  • Manage relationships with partners and existing and new borrowers.
  • Work closely with all lending staff to assure excellent customer service.
  • Participate in strategic planning and innovation process.
  • Manage loan pipelines for Capital Impact programs and funds.

Requirements:

  • Bachelor’s degree required. Advanced degree in business, finance or related field preferred.
  • 4-6 years of lending experience. Community development underwriting, knowledge of Capital Impact’s major sectors and NMTC is a plus.
  • Ability to travel up to 50% of the time
  • Familiarity with federal, state and local community development programs, particularly programs that finance senior facilities, educational facilities, federally-qualified health centers and affordable housing
  • Experience in commercial real estate or grocery lending is a plus.
  • Candidates should have strong sales and communications skills
  • Passion for mission driven work and projects that support underserved communities in the United States.
  • Excellent organizational skills with high attention to detail.
  • Excellent verbal/written communication skills.

 

Compensation:

$89,760-$112,200

How to Apply:

 https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=1979855&B_ID=91

Lending Manager United Housing, Inc
MEMPHIS, TN
Job Function: Lending/Loan Operations
Posted: July 20, 2018

Background:

United Housing, Inc. (UHI) is a nonprofit affordable housing agency that works to revitalize neighborhoods and increase homeownership among those underserved by the traditional homeownership industry in Memphis, Shelby County and West Tennessee.
History. UHI was founded in 1994 as an affiliate of the United Way of the Mid-South and initially funded through Federal grants from the Department of Housing and Urban Development. UHI incorporated as an independent organization in 2000 and then became part of NeighborWorks America, a national network that provides funding and technical assistance to more than 240 affordable housing and community development organizations across the country. By providing education, lending, and construction services, UHI has facilitated the sale of or prevented the foreclosure of more than 4,300 homes in the region, provided more than $11 million in down payment assistance, and delivered homebuyer education and counseling to more than 8,000 first-time homebuyers, for a total impact of $500 million impact on Memphis and Shelby County. 

 

Position Summary:

Generates revenue to support Lending Department by working with housing counselors and builders to bring loans to United Housing, Inc.
Develops a comprehensive plan, timeline, and performance measures for meeting lending objectives.
Oversees and manages the borrower flow from application to closing.
Participate in community events presenting United Housing lending products to community partners and potential clients, public speaking when required. 

Responsibilities:

Stays current on all regulatory guidelines related to residential lending, shares information with others; ensures that department is in compliance.
Generates revenue to support Lending Department by working with housing counselors and builders to bring loans to United Housing, Inc.
Develops a comprehensive plan, timeline, and performance measures for meeting lending objectives.
Oversees and manages the borrower flow from application to closing.
Participate in community events presenting United Housing lending products to community partners and potential clients, public speaking when required. 
Monitors investor and bank partner relationships to insure the best leveraging of all loan products and relationships and satisfaction of all parties.
Refines the lending systems as necessary to assure the highest quality service to the customers and partners.
Supervises all lending and loan servicing activities and staff.
Ensures that the standards of practice, the policies, the procedures, and the internal controls for successful lending meet industry standards.
Ensures that appropriate protocols are followed for mortgage file maintenance.
Assists with implementing a fee and point structure to create sustainability and produce revenue.
Manages the maintenance and upgrades as needed of lending software.
Supports supervisor in role as liaison to Loan Committee and provides them with management reports as required to include performance, cost analysis, and overall financial information.
Performs other responsibilities and tasks as assigned by supervisor.  

Requirements:

NMLS License with at least 5 years of residential lending experience in a financial institution.
Bachelor’s degree or equivalent experience in Finance or Business or related field.
Management experience with preference for the experience in community lending and building lending relationships with local and national banks.
Prior training in regulatory compliance preferred.
Ability to manually underwrite loans to ensure loans meet guidelines of bank partners.
Closing Department or Secondary Market experience helpful.
A combination of experience in the mortgage lending business.

Compensation:

• Salary is commensurate with the job responsibilities, skill required, and experience of the individual.
• Benefits are described in the Personnel Policy provided to each employee.

How to Apply:

Send resume to: ameadors@uhinc.org 
                          

Loan Portfolio Administrator Florida Community Loan Fund
Orlando, FL
Job Function: Lending/Loan Operations
Posted: July 19, 2018

Background:

The Florida Community Loan Fund (FCLF) is a non-profit lending institution providing capital and expertise to make projects successful and help organizations improve lives and low-income communities throughout the Sunshine State. Established in 1994, FCLF operates statewide from a network of offices in Orlando, Jacksonville, Tampa, Sarasota, Fort Lauderdale, and Miami. FCLF financing has helped more than 160 organizations succeed in their projects, providing over 325,000 Floridians annually with housing or social services through 300+ lending transactions to projects totaling over $941 million. FCLF became Florida’s first certified statewide Community Development Financial Institution in 1996 and has been certified as a Community Development Entity since 2004.

Position Summary:

FCLF is seeking an experienced Loan Portfolio Administrator to facilitate loan closings, administer draws, and assist in the management of a growing commercial loan portfolio of community development loans originated throughout the state of Florida.

Responsibilities:

Responsibilities Include:
  1. Preparing or reviewing drafts of loan commitment letters with the Community Development Loan Officers.
  2. Preparing commercial real estate loan documents (Promissory Note, Mortgage, Loan Agreement, etc.), and ensuring all required due diligence items, including but not limited to, title and survey issues, ESAs, property condition reports and appraisals, are reviewed and satisfactory prior to loan closing and disbursement of funds.  
  3. Coordinating loan closings with borrower, title company, attorneys, other lenders, municipalities, etc. Maintaining ongoing communication with the Loan Fund’s attorneys to ensure adequate legal assistance with loan closings, when necessary.
  4. Reviewing borrower and third party information (draw requests, AIA forms, inspection reports and other due diligence items) and recommending advances on construction loans and other line of credit facilities.
  5. Ongoing tracking of construction loan agreement and loan agreement covenants. Identification of borrowers that are not in compliance with loan agreements. 
  6. For each loan file, consistently maintain borrower contact information, insurance information, financial statements, UCC-1 financing statements and any other time-sensitive documentation.
  7. Consistently confirm complete and accurate database of borrowers and loans within loan portfolio software.
  8. Responsible for follow-up with delinquent borrowers, or coordination with lender for contact. 
  9. Perform periodic site visits to borrower’s project sites to monitor construction and/or the ongoing viability of the project/collateral, as well as for ongoing customer relations.
  10. Close interaction with FCLF Finance Department for reporting, funding, payment, audit issues. 
  11. Assist with collection and reporting of data and measurement of social impact of loans made.
  12. Other related duties as assigned including utilizing computer systems to track loan activity, generate reports,, assist in loan servicing process including invoices, payments, etc.

Requirements:

Qualifications
  1. Minimum 3 years of experience administering a commercial real estate loan portfolio.
  2. Minimum 5 years of experience closing commercial loans including ability to create or review legal documentation (notes, mortgages or security agreements, loan agreements, etc.). Proficiency in the review of title insurance commitments/policies, surveys, collateral, lien filings, appraisals, hazard and general liability insurance evidences, environmental reports or other third party information.
  3. An undergraduate degree or equivalent work experience.
  4. Experience in, or knowledge of, affordable housing, community development finance and the nonprofit industry is preferred.
  5. Extraordinary record keeping abilities and attention to detail, and a proven capacity to produce consistently accurate and high quality work. 
  6. Knowledge of MS Office Suite with emphasis on Excel experience, including, but not limited to downloading and integrating raw data from other sources and creating reports and other spreadsheets. Experience working with one or more commercial loan portfolio management software programs.
Other Requirements
  • Maturity, initiative, flexibility, and ability to work independently and cooperatively with others located across the state are essential qualities, as are strong organizational skills and ability to handle multiple tasks under tight time constraints. Some ability to travel and own transportation may be required.
The position is part of the organization’s lending team and works closely with the finance department. Candidates must have a commitment to social and economic justice and a strong interest in community development.
 
Location: The position is based in Orlando.

Compensation:

Compensation & Benefits: 
This position offers the unique opportunity to join an innovative organization with the vision and expertise to make a difference in disadvantaged communities throughout Florida.
A competitive compensation package 
Very generous paid time off benefits program 
403(b) plan with employer-paid contributions 
Opportunities to work with a dedicated team who are driven to aid distressed communities

How to Apply:

Application Instructions:
Please submit your resume via e-mail to vltorres@torresandassociate.com along with a cover letter which specifically outlines your experience in the following:
your experience in COMMERCIAL real estate loan administration; number of years and position(s) held;
Experience in closing commercial loans including ability to create or review legal documentation; number of years and positions held.
In the e-mail subject line, please note you are responding to the Portfolio Administrator position.
Applications without a cover letter containing the above information will not be considered. No phone calls please.
The Florida Community Loan Fund, Inc. is an equal opportunity employer.

Data and Digital Strategy Manager Primary Care Development Corporation (PCDC)
New York, NY
Job Function: Marketing/PR
Posted: July 17, 2018

Background:

Primary Care Development Corporation (PCDC):  Catalyzing Excellence in Primary Care. Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) nonprofit organization, catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity. PCDC helps primary care practices improve delivery of care by providing affordable capital as well as a variety of training and technical assistance services. Since its founding in 1993, PCDC has assisted over 1,000 practices in 40 states, and has leveraged more than $1 billion to improve care in low-income communities. Learn more at http://www.pcdc.org

Position Summary:

PCDC seeks a full-time Data and Digital Strategy Manager to join the Advocacy and Communications team. Reporting to the Senior Director of Advocacy and Communications, the Data and Digital Strategy Manager compiles, organizes, analyzes, and employs end-user data to support PCDC’s mission of catalyzing excellence in primary care. This individual is responsible for overseeing PCDC’s Salesforce system to support unit leaders with information and insights that drive organizational growth and planning and helping build an account-based marketing (ABM) strategy for marketing, business development, and fundraising channels. Full job posting at https://www.pcdc.org/about-pcdc/career/data-and-digital-strategy-manager/

Responsibilities:

• Oversee PCDC’s Salesforce system to support unit leaders with information and insights that drive organizational growth. Essential functions include:

  • Promote and support use of Salesforce throughout the organization
  • Collaborate with internal stakeholders (i.e., Capital Investment, Performance Improvement, Development units) to develop a strategy for managing and nurturing interactions with prospects and partners
  • Evaluate potential partners according to their behaviors or stage of the lead-generating process
  • Recommend technology or processes to further organize, automate, and measure behaviors and activities, i.e. email marketing platforms, analytic tools, guidelines, etc.
  • Communicate insights from data and observed trends to improve audience experience and campaign results
  • Educate and train stakeholders on data management, marketing automation, web analytics, and relationship marketing best practices

• Plan and help build an account-based marketing (ABM) strategy for marketing, business development, and fundraising channels. Essential functions include:

  • Lead strategy and approach for ABM implementation
  • Institute vendors/channels to ensure effective measurement of prospect fit, intent, engagement, and relationships
  • Build audience segments to ensure more “predictive” lead generation
  • Support unit leaders in selecting most appropriate candidates for one-to-one marketing
  • Analyze identified portfolio, including prioritizing and grouping prospects according to need, persona, industry, stage of relationship, and propensity to partner
  • Lend insight for ABM campaigns and programs overall
  • Lead ongoing check-ins with unit leaders to ensure key goals, contacts, and activities remain on track

Requirements:

•  Bachelor’s degree in data sciences, marketing, or other relevant fields

• 1-2 years of experience in CRM management & methodology, marketing automation, data management, and/or digital advertising

• Experience in established marketing systems such as Salesforce.com, Qualtrics, Campaign Monitor, Pardot, Marketing Cloud, etc.

• Understanding of contemporary B2B and B2C global marketing environments

• Experience in targeted marketing and marketing automation principles

• Strong analytical skills with proven ability to interpret data, provide concise reporting, and make strategic recommendations

• Excellent communication and influencing skills, with demonstrated success of working collaboratively across teams

• Ability to demonstrate past success in meeting project deadlines

• Interest in growing essential leadership skills at a nationally recognized nonprofit

• Desire to achieve Salesforce.com Certification or advance current Salesforce.com Certification

Compensation:

Commensurate with experience.

How to Apply:

We offer a competitive salary and comprehensive benefits package. For immediate consideration, please email your cover letter, resume, salary requirements and available start date to: employment@pcdc.org with “Data & Digital Strategy Manager” in the subject line. 

The Primary Care Development Corporation (PCDC) is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, gender, gender identity or expression (including transgender status), sexual orientation, national origin, ancestry, citizenship status, age, disability or handicap, veteran status, marital status, pregnancy, genetic information or any other characteristic protected by applicable law.

Program and Loan Officer Greater Minnesota Housing Fund
St. Paul, MN
Job Function: Lending/Loan Operations
Posted: July 13, 2018

Background:

Greater Minnesota Housing Fund (GMHF) is Minnesota’s leading nonprofit affordable housing lender. More than just a lender, GMHF is known for its innovation and its creative approaches to Minnesota’s affordable housing challenges.

GMHF is Minnesota's largest non-profit certified community development finance institution (CDFI) serving housing development organizations, local governments and builders & developers with loans & grants, permanent financing, tax credit equity, technical assistance, research and policy analysis. Concentrations in affordable rental housing, home ownership, sustainable development, supportive housing with services, housing preservation, neighborhood revitalization, and the preservation of naturally occurring affordable housing. Minnesota Equity Fund (MEF) is GMHF's low income housing tax credit syndication subsidiary capitalized with $50 million in initial investor equity. MEF invests in affordable multifamily housing developments in Minnesota and other states. NOAH Impact Fund (NOAH) is GMHF’s naturally occurring affordable housing subsidiary. NOAH targets rental properties at risk of conversion to higher rents and the threat of displacement of low- and moderate-income residents.

GMHF is certified by the Department of Treasury as a Community Development Financial Institution (CDFI), and is a 501(c)(3) nonprofit organization founded in 1996 to address the affordable housing needs of Minnesota’s under-served areas including cities, towns, rural areas, and tribal nations. GMHF is rated Four-Star, AA Policy Plus by Aeris and is a member of the Federal Home Loan Bank of Des Moines.

Position Summary:

This Program and Loan Officer plays a key role in the deployment of financing, technical assistance, and partner engagement to advance affordable housing and community development objectives statewide.  The Program and Loan Officer role primarily functions as GMHF’s customer-facing staff and lending sales force and carries out a broad range of activities related to lending, grantmaking, technical assistance, and program administration.  A successful Program and Loan Officer has a passion for affordable housing and community development.

Responsibilities:

  • Develop and maintain external relationships with industry partners, including real estate developers, public agencies, and community organizations as needed to successfully cultivate lending prospects and advance programmatic initiatives that advance GMHF’s strategic goals and priorities.  
  • Review financing applications and facilitate the application process through regular communication and follow-up with internal and external participants to ensure thorough, accurate, and timely completion of all underwriting and due diligence. 
  • Analyze financing requests to assess conformance to GMHF’s existing products and policies, ensure alignment with GMHF’s strategic priorities and charitable purpose, project feasibility and credit quality.
  • Facilitate the loan and grant approval process including preparation of written credit reports and resolutions for review and approval by staff and board committees, presentation of loan and grant recommendations, and ensure proper documentation of all funding awards and decisions.
  • Facilitate the origination process, including finalizing loan terms with borrowers, preparation and review of loan documents in consultation with legal counsel, and coordination with GMHF’s underwriter and loan closer to ensure timely and accurate closing and funding of approved loans.       
  • Perform technical assistance to borrowers, project partners, and other stakeholders as needed to overcome barriers to project success and/or timely completion.
  • Coordinate with Asset Manager and Portfolio Manager to facilitate compliance and performance of existing loans including proactive communication with borrowers to gather information and provide technical assistance, reviewing scheduled draws, coordinating loan modifications, debt restructuring, or other remedies as needed to achieve desired outcomes.  
  • Report on activities as directed and provide complete update at least quarterly.
  • Participate in preparation of budgets, work plans, submissions to rating agencies, regulators, funders, and other agencies as directed.   
  • Perform other duties as assigned and required.

Requirements:

  • Knowledge of real estate finance and development with a strong preference for candidates who have experience with affordable housing financing from federal, state, and local government sources such as tax exempt bond financing, the Low-Income Housing Tax Credit (LIHTC) program, tax increment financing (TIF), or financing from federal agencies such as the U.S. Department of Housing & Urban Development (HUD) and U.S. Department of Agriculture Rural Development Division (RD).
  • Demonstrated analytical and problem solving skills in the context of complex real estate development and finance transactions
  • Personal maturity, strong interpersonal skills, and proven ability to negotiate effectively and resolve conflicts professionally
  • Excellent oral and written communication skills 
  • Ability to effectively organize competing work priorities under pressure to meet deadlines while maintaining high quality work products
  • Ability to work both independently and collaboratively in a dynamic organization 
  • Ability to travel
  • Computer proficiency
  • 5-8 years of related professional experience
  • Bachelor’s Degree or Equivalent Experience 

Compensation:

Negotiable

How to Apply:

Email resume and cover letter to asheets@gmhf.com

Manager/Sr. Manager, Investments RSF Social Finance
San Francisco, CA
Job Function: Investment
Posted: July 12, 2018

Background:

At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through integrated financial and philanthropic services that generate positive social and environmental impact while fostering community and collaboration among participants.

With a 34-year track record of deploying loans, grants, and other catalytic capital to social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so, we identify and seek a particular set of skills and experience to meet specific organizational needs. At the same time, we seeking candidates who align with our mission and values.

Position Summary:

Reporting to the Chief Investment Officer, the Manager or Sr. Manager, Investments is a unique position that combines asset management and direct investing into social enterprises. For asset management, this position will manage the execution of RSF’s investment strategy to optimize the impact of philanthropic assets. For direct investing, this position will be key to the growth and success of RSF’s integrated capital strategy, providing flexible forms of capital to social enterprises. Finally, this position will contribute to high priority strategic initiatives including strategic planning, impact assessment, and ongoing competitive analyses to advance RSF’s leadership position in the field of social finance.

RSF offers clients a variety of Philanthropic Services, including Donor Advised Funds. The gifts and contributions received from these philanthropic clients comprise RSF’s philanthropic assets. We steward and invest these assets in a mission and values-aligned manner.

RSF provides various forms of capital (debt, equity, grants) directly to social enterprises. Historically, the bulk of this financing has been in the form of senior secured loans from our Social Investment Fund, managed by RSF’s Lending Team. In recent years we have developed new offerings, philanthropic Capital Collaboratives, that give RSF the ability to make direct equity and equity-like investments to complement our suite of offerings and expand our flexibility to partner with social enterprises.

Responsibilities:

Investment Management, Philanthropic Assets

Project Management, Research & Analysis:

  • Manage a complex, multi-year project to develop and execute RSF’s investment strategy involving external and internal stakeholders:
  • Manage relationship, timeline, and deliverables of external investment advisory firm, hired on a consulting basis.
  • Optimize expertise of external Investment Advisory Committee by coordinating meeting agendas, follow ups, and corresponding with committee members.
  • Prepare deliverables and synthesis of project status for RSF Board of Trustees.
  • Conduct research and analysis of macroeconomic trends and key investment themes by impact area and asset class that affect RSF’s existing investments and will inform RSF’s future investments.

Make New Investments:

  • Build pipeline of investment opportunities by impact theme and asset class.
  • Conduct due diligence and full analysis on select new investment opportunities, draft recommendation memos to present to Investment Committee. Manage all elements of transaction through to closing.
  • Manage Existing Investments:
  • Manage existing investments. Review quarterly reports and statements from managers, participate in annual LP meetings and calls. Track monthly performance of materially significant investments.
  • Review data on investments for accuracy and write brief summaries for quarterly Philanthropic Services Client statements.
  • Partner with RSF’s Information Systems and Finance & Accounting teams to ensure accurate tracking of investments, reporting, and information sharing internally.

Integrated Capital Deployment, Funding Social Enterprises

  • Work in partnership with the CIO and Lending Team to build pipeline, evaluate, and execute new opportunities to make direct equity investments into social enterprises from RSF’s philanthropic Collaboratives, with an initial focus on the Women’s Capital Collaborative.
  • Streamline the direct investment process and documentation, in alignment with overall ‘capital deployment’ out of Collaboratives.
  • Support CIO and Lending team on large, ‘marquee’ Integrated Capital financings where analysis is required on the overall capital structure and equity raise planned in tandem with RSF’s debt.
  • Co-create a strategy around co-investment partnerships: identify highly-aligned investors, lenders, and donors that complement RSF’s Integrated Capital offerings. Cultivate relationships that result in sourcing new social enterprise clients and a productive co-investment community.

Strategic Initiatives

  • Serve on core team working with CEO/CIO/COO on strategic planning process for RSF. Synthesize data and key concepts, produce draft deliverables. Manage and update scenarios in RSF’s 5-year financial model, in support of the strategic plan.
  • Serve on core team representing Investment team’s needs, for Impact Assessment & Management project.
  • Conduct market assessment & competitive analyses to advance RSF’s positioning as a social finance/impact investing leader.

Requirements:

Education, Experience, Values Alignment:

  • 5-10 years of experience in roles requiring analytical rigor, strategic thinking, and ability to synthesize data, and produce clear deliverables.
  • Relevant industries include investment banking, management consulting, private equity, venture capital, or investment management.
  • Experience working with a variety of fund managers across asset classes, management teams of for-profit companies and non-profit organizations, institutional investors and family offices is preferred.
  • BA/BS degree required; MBA degree preferred
  • Commitment to the vision, mission, and values that inform RSF’s work.

Communication & Judgement

  • Strong written and oral communication skills
  • Exceptional interpersonal and listening skills to effectively collaborate with colleagues, management teams of investees and prospective investments, investor and donor clients, and strategic partners
  • Ability to exercise good judgment and respond appropriately to changing circumstances and priorities
  • Use discretion, maintain confidentiality, and manage sensitive client relationships and information
  • Ability to work independently and collaboratively as part of a team

Function-Specific Skills:

  • Excellent time and project management skills, meeting facilitation and participation skills
  • Experience evaluating equity and debt investments, preferably companies with a social mission
  • Proficiency with financial statement review and analysis, understanding of valuation methodologies
  • Highly quantitative, with excellent analytical skills, including proven financial modeling skills
  • Experience conducting market and competitive analysis to inform strategy
  • Excellent proficiency with Microsoft Excel, PowerPoint, Word, and Outlook
  • Proficiency using Salesforce as CRM system and data analytics tool for analysis and reporting
  • Ability to utilize databases and internet resources for research.

Compensation:

Competitive non-profit salary based on qualifications and experience. Other benefits include:

  • A fulfilling work environment at a supportive and entrepreneurially-driven organization
  • A competitive compensation package including employer-paid medical, dental, and vision insurance benefits
  • Very generous vacation and sick leave benefits plus nine paid holidays per year
  • 403(b) plan with employer-paid contributions after one year of employment
  • Exposure to innovative ideas, projects, and collaborative staff activities
  • Access to numerous professional development opportunities

How to Apply:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience would make you successful in this role. In the e-mail subject line, please write “Manager, Investments”.

Please note that applications without a cover letter will not be considered. No phone calls please.

Applications will be accepted on a rolling basis.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply. 

Consulting Analyst Northern California Community Loan Fund
San Francisco, CA
Job Function: Administrative/Operations/IT
Posted: July 12, 2018

Background:

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

The Consulting Program provides technical assistance in financial management and real estate services for nonprofit organizations. Our team of consultants use wisdom, industry expertise, and passion to improve nonprofit programs and services. Through strategic guidance and trainings, we identify and create effective strategy to secure the necessary resources that meet organizations’ day-to-day operational problems, as well as how to engage in long-term planning.

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

Position Summary:

The Consulting Analyst supports the Consulting team by providing quantitative and qualitative financial and real estate analysis for consulting engagements, conducting research on real estate market data, preparing presentations for workshops and client engagements, compiling client data, and providing support to a team of 8 consultants for client engagements. In addition, the Consulting Analyst will provide support to users of Spaces for Good, an online space listing service, and help maintain the Spaces for Good online resource center. The Consulting Analyst will be a knowledgeable Salesforce, Excel, PowerPoint, CoStar, and Google Earth user who will create special reports to analyze real estate, financial, and client impact data.

Responsibilities:

A. Analysis

  • Conduct analysis of financial data, real estate documents, and client materials.
  • Input data into financial models.
  • Conduct research on CoStar database to identify real estate listings for clients and lease comparables, based on their specific needs.
  • Prepare reports summarizing real estate trends using data from the CoStar database.
  • Assist Consultants with research and application preparation.

B. Consultant Support

  • Work with consultants to prepare contracts for service.
  • Integrate client’s scope of work into standard NCCLF contracts.
  • Manage the collection of initial documents related to the consulting engagements.
  • Coordinate logistics for client meetings.
  • Assist consultants with administrative tasks for consulting engagements.
  • Coordinate with listing agents and clients to schedule site visits at properties for lease or sale.
  • Assist with the preparation of PowerPoints and materials for consulting engagements.
  • Attend client meetings and manage client’s project documentation.
  • Assist with the creation of presentations for public review.
  • Prepare reports on consulting engagements.
  • Maintain and update a list of client referral sources.

C. Support of Spaces for Good Virtual Resource Center and Space Listing Service

  • Assist users with posting space listings on the online space listing service.
  • Monitor and analyze usage of space listing service.
  • Assist with marketing for the Spaces for Good virtual resource center and space listing service.
  • Edit tools and resources to post on virtual resource center.
  • Coordinate with NCCLF Development Department staff to generate marketing materials and business development strategies.
  • Work with the Development staff to update Virtual Resource Center.

Requirements:

Minimum Requirements

  • BA degree in business, finance, accounting, management or related field. Relevant work experience can be a substituted for required education.
  • Excellent verbal and writing skills.
  • Excellent customer service skills.
  • Excellent skills in Microsoft Excel, Power Point, and Google Earth.
  • Ability to produce professional quality work that meets agreed upon deadlines.
  • Superior judgment, attention to details and deadlines.
  • Strong team player skills and ability to work effectively in a cooperative and diverse environment.
  • Enthusiasm, entrepreneurial spirit, and a passionate commitment to work in community development and the nonprofit sector.
  • Understanding of and ability to work with a range of nonprofit clients which reflect the diversity of the Bay Area and Northern California.
  • Ability to lift and carry up to 25 lbs. without assistance.Valid California Driver’s License for required driving.

Desired Qualifications, Skills & Experience:

 

  • Experience with real estate/nonprofit facility development or nonprofit financial management.
  • Prior experience as a program assistant/analyst.
  • Experience with the review or analysis of nonprofit financial statements.
  • Understanding or experience with the New Markets Tax Credit Program.
  • Experience with Salesforce, GIS, CoStar, or website management.

Compensation:

Salary $57,500 - $62,500 DOE, plus an excellent benefits package including health, dental, retirement plan and three weeks of vacation.

How to Apply:

Send résumé and cover letter:
Northern California Community Loan Fund
Attn: HR
870 Market Street, Suite 677
San Francisco, California 94102
OR
fax to 415-392-8216
OR
email to hr@ncclf.org. Application Deadline: Open until filled.

Accounting Associate Genesis LA
Los Angeles, CA
Job Function: Accounting
Posted: July 11, 2018

Background:

 

Genesis LA is a nonprofit community loan fund with a mission to deliver financial solutions that advance economic and social opportunities in underserved communities.  Founded in 1998 out of the office of former Los Angeles Mayor Richard Riordan, Genesis LA is certified by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI).  Since our inception, we have deployed $300 million in capital, which has leveraged over $1 billion in investments into community and economic development projects. These projects created or retained over 5,000 permanent jobs; serve over 46,000 clients a year; house 1,200 families; and provide 2.1 million square feet of goods and services to low-income people. We invest in these projects through two programs.  First, our $40 million Genesis Community Investment Fund (GCIF) is used to make flexible loans ranging in size from about $200,000 to $2.5 million.  Second, we have received $265 million in New Markets Tax Credit (NMTC) allocation, which leverages other capital and is invested into large real estate projects serving low-income communities.  All of our investments must demonstrate both financial viability and tangible community benefits to low-income people.

Position Summary:

The Accounting Associate will assist the Controller with a wide range of duties related to revenue and expense processing, loan servicing, reporting and other special projects.

Responsibilities:

  • Perform Accounts Payable and Accounts Receivables process. Prepare various financial reports, including preparation of monthly, quarterly and annual financial statements.
  • Prepare monthly account reconciliations and analysis on key accounts, including credit card and bank reconciliations.
  • Coordinate with lending team regarding the administration and servicing of existing loan portfolio including invoicing, tracking and recording of all loan activity on Nortridge Loan Software and QuickBooks.
  • Assist with annual financial audit and provide related supporting schedules.
  • Assist with miscellaneous administrative duties and special projects as needed.

Requirements:

  • Associates or Bachelor’s degree major in Accounting, Finance or Business
  • 2 or more years of experience in accounting, loan servicing with a financial or nonprofit institution
  • Proficient in Microsoft Excel as demonstrated by command of: advanced functions, nested functions, queries, Pivot Tables. Familiarity with database management systems is ideal.
  • Working knowledge of QuickBooks. Experience with loan servicing software or Nortridge Loan Software is a plus.
  • Attention to detail, ability to work in a fast paced environment and maintain a high degree of accuracy
  • Excellent written and oral communication skills
  • Outstanding interpersonal skills and ability to work collaboratively with a small team

Compensation:

Salary range approximately $23-$25 per hour depending on experience; generous 401K matching; healthcare benefits; annual bonus opportunities.

How to Apply:

Interested candidates should forward a resume and cover letter to Jem Dicioco, Controller at jdicioco@genesisla.org

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