Background:
National Community Investment Fund (NCIF; www.ncif.org) is an impact investor and national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities. Total assets under management at NCIF are around $200 million, including $180 million of New Markets Tax Credits (NMTC) allocations outstanding. To support our growth initiatives, we have launched a $35 million Credit Strategies Fund with new debt capital of $15 million. NCIF is the largest investor in CDFI & MDI banks with investments in 19 institutions nationwide. NCIF achieves its mission via 3 complementary business lines:
• Equity Investing in Mission Oriented Financial Institutions: We support depository institutions with equity, debt and deposit investments with more than $40 million invested in and lent to 50+ financial institutions since inception.
• New Markets Tax Credits: We have received $326 million in NMTC allocations and are deploying it into real estate, operating companies, health care facilities, schools, other nonprofit and for-profit impact-oriented businesses.
• Lending: With the launch of the Credit Strategies Fund, we will make/purchase loans in partnership with CDFI Banks and other mission-oriented partners to finance socially impactful commercial real estate projects that benefit underserved communities.
Impact measurement is the core foundation of NCIF’s Theory of Change and supports all of our business lines. We inform investors and other stakeholders place equity, debt, deposits and grants to meet their programmatic and geographic focus areas. NCIF pioneered the use of Social Performance Metrics (see www.bankimpact.org and www.BankImpactmaps.org) and is developing a cloud based core data platform to support data analytics.
Position Summary:
As the Investment Analyst, you will support the Investment team and have the following specific responsibilities, which will include but not be limited to underwriting investment opportunities, portfolio management and review.
Responsibilities:
Support Underwriting of Investment Opportunities:
• Review and analyze financial condition and operating performance information of mission oriented financial institutions, which include CDFI and MDI depository institutions.
• Assist in the preparation of various valuation analyses of investment targets and portfolio financial institutions. Such analysis will include but not limited to comparable company and transaction analysis, discounted cash flow analysis and internal rate of return analysis.
• Assist in data gathering due diligence process including economic, market and industry research and analysis.
• Prepare and analyze social impact and performance of investment targets and portfolio banks.
• Create financial projections to perform financial statement, cash flow and risk and mitigant analysis.
• Analyze borrower budget and projections to assess and stress test debt service capacity.
• Assist investment team with investment memoranda and presenting to investment/loan committee.
• Ensure compliance of all transaction covenants and conditions.
Portfolio Review/Management
• Monitor financial and social performance of portfolio financial institutions on a quarterly and annual basis.
• Assist with the preparation of portfolio company annual reviews.
• Assist with the preparation of semi-annual portfolio valuation analysis.
• Support investment department with post close monitoring/reporting, as required.
Other
• Assist with weekly, quarterly market and industry reports to promote NCIF brand.
• Assist with the preparation of grant applications and with any capital raising efforts as required.
Requirements:
• Bachelor’s degree required, preferably in Business, Accounting or Finance.
• 2 - 5 years of experience as an analyst with investment industry experience.
• Experience in equity and impact investing, CDFI and nonprofit organizations and working with depository institutions would be a plus.
• Passion for community development and for improving the lives of individuals in underserved communities.
• Proficiency in Microsoft Office with strong expertise in MS Excel
• Strong attention to detail and analytical skills.
• Ability and willingness to work in an entrepreneurial organization positioned to grow.
• Ability to work on multiple projects simultaneously.
Compensation:
Commensurate with experience
How to Apply:
https://j.brt.mv/ATS/jb.do?reqGK=27344450
Background:
National Community Investment Fund (NCIF; www.ncif.org) is an impact investor and national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities. Total assets under management at NCIF are around $200 million, including $180 million of New Markets Tax Credits (NMTC) allocations outstanding. To support our growth initiatives, we have launched a $35 million Credit Strategies Fund with new debt capital of $15 million. NCIF is the largest investor in CDFI & MDI banks with investments in 19 institutions nationwide. NCIF achieves its mission via 3 complementary business lines:
• Equity Investing in Mission Oriented Financial Institutions: We support depository institutions with equity, debt and deposit investments with more than $40 million invested in and lent to 50+ financial institutions since inception.
• New Markets Tax Credits: We have received $326 million in NMTC allocations and are deploying it into real estate, operating companies, health care facilities, schools, other nonprofit and for-profit impact-oriented businesses.
• Lending: With the launch of the Credit Strategies Fund, we will make/purchase loans in partnership with CDFI Banks and other mission-oriented partners to finance socially impactful commercial real estate projects that benefit underserved communities.
Impact measurement is the core foundation of NCIF’s Theory of Change and supports all of our business lines. We inform investors and other stakeholders place equity, debt, deposits and grants to meet their programmatic and geographic focus areas. NCIF pioneered the use of Social Performance Metrics (see www.bankimpact.org and www.BankImpactmaps.org) and is developing a cloud based core data platform to support data analytics.
Position Summary:
The Analyst/Senior Analyst, will be responsible for supporting the Lending and NMTC teams, which will include, but not be limited to underwriting, financial analysis, and asset management.
Responsibilities:
As the Analyst/Senior Analyst, you will be responsible for supporting the Lending and NMTC teams, which will include, but not be limited to:
Underwriting/Financial Analysis:
• Support underwriting of NMTC and loan opportunities.
• Assist in data gathering and due diligence including economic/industry assessments.
• Spread financial statements and create operating projections to perform financial statement analysis, cash flow analysis, repayment analysis, risk and mitigant assessment.
• Analyze borrowers’ budgets and projections to assess and stress test debt service capacity.
• Assist lenders with credit write-ups and presentation at loan committee.
• Assist in assessment of collateral.
• Input data into loan management system, as needed.
Asset Management:
• Monitor projects during construction, including review of third-party construction reports, construction draws and budgets.
• Ensure that all transactions comply with the terms of legal agreements and cash flows are consistent with financial projections.
• Support control/loan servicing departments with post close monitoring/reporting.
• Ensure compliance of all covenants and conditions.
Requirements:
• Bachelor’s degree required, preferably in Business, Accounting or Finance.
• 2 - 5 years of experience with credit underwriting/financial analysis.
• Experience in banking, CDFI and nonprofit organizations would be a plus.
• Passion for community development and for improving the lives of individuals in underserved communities.
• Strong attention to detail and analytical skills.
• Proficiency in Microsoft Office with strong expertise in MS Excel.
• Ability and willingness to work in an entrepreneurial organization positioned to grow.
• Ability to work on multiple projects simultaneously.
Compensation:
Commensurate with experience.
How to Apply:
https://j.brt.mv/ATS/jb.do?reqGK=27320508
Background:
We are a tech company with a mission. Craftsman aims to help nonprofits grow and thrive by ensuring they meet the high technical expectations of their constituents. By aligning strategy and business process with tools and technology Craftsman delivers transformative projects, best-in-class industry solutions and enduring partnerships. We are a registered Salesforce partner who works to deploy and sustain technology solutions by providing support, enhancing operations and stimulating growth at nonprofits. Our team of analysts, project managers, technical architects and developers have extensive experience working at mission-driven organizations.
Our Community Development practice supports organizations that build capacity in our communities. Craftsman serves Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) through a suite of Salesforce tools including our loan management solution.
Position Summary:
As a Solutions Architect, you will create holistic solutions that will help nonprofit and social sector organizations achieve their missions. You will bring together a host of tools and technologies to create a comprehensive solution to meet your clients’ needs. You will also provide clients not only technical and implementation expertise, but also the vision and strategy that will guide them as they work through technology deployments.
Although you will work with a wide range of technology, our primary platform is Salesforce. Correspondingly, we expect you to demonstrate expertise with Salesforce development and architecture on Day 1.
Responsibilities:
We will expect you to demonstrate mastery of these skills and responsibilities to succeed in this role:
- Translate technical, functional and business process requirements into viable technical solutions on the Salesforce platform
- Work with leadership to articulate a vision for their use of technology, and realize a technical strategy
- Gather technical, functional and business process requirements
- Create technical solutions based on client requirements, knowledge of best practices, and a creative use of available resources
- Present and explain solutions to clients in written documents, face-to-face, and/or using video conferencing, working with the client to refine solutions as requested
- Manage internal and client-facing testing sessions, and the issues resolution process
- Document client solutions and overall system architecture
- Contribute to the Craftsman knowledge base by documenting successful solutions and lessons learned
- Contribute to the Craftsman project methodology
- Facilitate client meetings
- Report on project status
- Configure technology per requirements
Requirements:
Required Qualifications:
- Three-plus years of Salesforce experience
- Five-plus years of technology product deployment experience
- Five-plus years of relevant nonprofit experience
- Technology project management experience
- Salesforce Certified Administrator credential
- Availability to travel up to 25%
- Bachelors (4-year) degree
Preferred Qualifications:
- Salesforce Certified Advanced Administrator, Developer or Architect credential(s)
- CAPM or PMP credential
- Graduate degree in relevant field
Compensation:
Compensation commensurate with experience.
Benefits:
- Salaried, full-time position
- Healthcare insurance and 401(k) benefits
- Craftsman’s commitment to professional development and advancement
- Work culture aiming toward work/life balance
How to Apply:
To learn more + apply: http://www.craftsmantech.com/job-description-solutions-architect-2/
Background:
Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 35 years, Capital Impact Partners has been a nonprofit mission driven Community Development Financial Institution (CDFI) that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - health care, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.
Position Summary:
The Payroll & Benefit Specialist is responsible for performing HR-related duties on a professional level and works closely with senior HR management. This position carries out responsibilities in the following functional areas: payroll administration, benefits administration, onboarding, and employment law compliance.
Responsibilities:
-Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
-Perform daily payroll department operations. Manage workflow to ensure all payroll transactions are processed accurately and timely within ADP Workforce Now
-Process accurate and timely year-end reporting when necessary (W-2, W-2c, etc)
-Administers of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, and 401(k) plan
-Monitors employee eligibility for benefits plans. Reviews benefits with employees and processes enrollment, cancellation or changes. Organizes and manages annual open enrollment communications and election process. Verifies benefit billing accuracy and processes for payment
-Administers COBRA for group health plans
-Ensures timely completion and submission of required reports, such as annual Form 5500
-Provides information to consultants and auditors for testing and preparation of reports
-Files EEO-1 report annually; and maintains other records, reports and logs to conform to EEO regulations
-Conducts new-employee orientations for benefits
-Maintains human resources information system records and compiles reports from the database
-Serves as the primary interface between HR and Payroll to ensure the integrity of the system
-Reports, maintains and monitors all workers' compensation case files; follows-up on open cases
-Maintains knowledge of and analyzes government regulations, benefit program trends, and prevailing practices among similar organizations.
-Ensures compliance of benefits administration with federal and state laws, including IRS and Department of Labor regulations
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Requirements:
-A bachelor's degree and five years of HR experience, or a master's degree in HR management and two years of experience in the HR field, or seven years of experience in the HR field, or any similar combination of education and experience
-SHRM Certified Professional (SHRM-CP) or SHRM Senior Certified Professional (SHRM-SCP) certification
-CPP preferred but not required
-Must have current in-depth knowledge of HR, payroll technology – ADP Workforce Now, payroll processing, tax principles, wage and hour laws with 4-6 years of experience processing multi-state payroll (VA, MD, NY, VA & CA)
-Strong knowledge of federal and state regulations
-Strong PC skills including proficiency in Excel
-Ability to deal sensitively with confidential material
-Strong interpersonal (verbal and written) communication skills
-Ability to communicate with various levels of management
-Be a self-starter who can prioritize tasks and manage deadlines
-Decision-making, problem-solving, and analytical skills
-Organizational, multi-tasking, and prioritizing skills
Compensation:
$70,000 - $85,000
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
The Community Development Trust (CDT) founded in 1999 is an affordable housing REIT headquartered in New York City with investments and loans in 44 states.
Position Summary:
CDT is seeking a highly-motivated analyst to join its structured finance and debt closing teams. This is an exciting opportunity to be involved in various aspects of a growing real estate company. The individual will be actively involved in corporate real estate finance projects as well perform administrative functions for the underwriting and loan administration departments. The role does not require candidates to have direct industry experience. The successful candidate must be self-motivated and comfortable performing both administrative tasks and financial modeling.
Responsibilities:
• Support duties to Debt Underwriting and Loan Administration Departments in the Closing and Underwriting of new loans.
• Collaborate with Loan Administration on loan deliveries to various investment sources.
• Support Structured Finance in closing new corporate debt facilities by gathering due diligence requests, coordinating legal documents, and processing corporate debt fundings.
• Update reports and models including Corporate Financial Model, Exposure Reports, funding reports, long-term cash forecasts and pricing guidelines. Some of this responsibility includes gathering, inputting and maintaining data from other departments across the company.
• Prepare presentations and pitchbooks for senior management.
• Collaborate with Compliance Department on various grants and awards by inputting and/or reviewing various financial charts.
Requirements:
• Attention to Detail and Organizational Attributes a must
• Superior oral and written communication skills; excellent interpersonal skills
• Ability to handle multiple, concurrent complex assignments with moderate supervision
• Pro-active, solutions-oriented mindset with a strong focus on meeting deadlines
• Ability to work independently and collaboratively and thrive in a result-oriented environment
• Bachelor’s Degree with an understanding of Finance preferred
• Strong knowledge of Microsoft Office Suite, particularly Excel
• Financial modeling experience
• Administrative experience a plus
Compensation:
Entry level but with bonus potential and benefits
How to Apply:
email resume and cover letter to postings@cdt.biz. No candidates will be considered without a cover letter. Please note that only local candidates will be considered.
Background:
What We Do
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.
Strategies We Pursue
Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities.
Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities.
Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places.
Develop leadership and the capacity of partners to advance our work together.
Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being.
Over the last 40 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 32 markets with offices extending from Buffalo to San Francisco. Visit us at www.lisc.org.
Philadelphia LISC is the Philadelphia chapter of LISC. As champions for equitable community development, Philadelphia LISC works alongside partners to transform underinvested neighborhoods into healthy, sustainable communities of choice and opportunity. Since 1980, Philadelphia LISC has invested $435 million and leveraged $1.5 billion in Philadelphia's neighborhoods to build or preserve 8,500 affordable homes and develop 2.3 million square feet of retail, community and educational space.
Position Summary:
Philadelphia LISC seeks a Program Officer to lead the execution of a holistic and strategic approach to community economic development that results in transformative and equitable outcomes envisioned by the communities we serve. The Program Officer will be responsible for the community and economic development program portfolio, which focuses on equitable development and includes community engagement, commercial corridors, creative placemaking and community safety. The ideal Program Officer does not need to be an expert in each of these areas, but should have enough familiarity with them to implement them as part of a wide range of community development strategies to advance LISC’s mission. These include building the capacities of community-based partner organizations; strengthening collaborations across sectors and industries and among community-based organizations, anchor institutions, and other corporate, civic and public sector organizations; identifying and leveraging investment opportunities; and advocating for policy and systems innovations. The ideal Program Officer also should be committed to results-oriented implementation that continuously draws from applied learning and evaluation. The Program Officer reports to the Deputy Director, manages 1 staff member on the community and economic development team, and collaborates with other staff in the Philadelphia and National LISC offices.
Responsibilities:
Design and implement solutions to community/economic development issues utilizing LISC’s suite of programs, financing products and other tools. Coordinate projects and activities with Philadelphia LISC Housing & Health and Lending (real estate development and small business) Program Officers and National LISC Program staff as appropriate.
Strengthen community-based organizations’ resource, organizational, programmatic, networking and political capacities by providing funding, strategic guidance, planning and project management, technical assistance, and training.
Develop solid and respectful working relationships with community-based partner organizations and grantees. Maintain an in-depth knowledge of their organizational conditions, programs and projects.
Work with other staff in developing strategic collaborations with and among community-based organizations, anchor institutions, and other corporate, civic and public sector organizations to leverage LISC’s capabilities.
Plan, convene and facilitate meetings, trainings and workshops.
Prepare and manage program budgets, in consultation with the Deputy Director and staff.
Manage grants/contracts between LISC and community-based organizations, through the lifecycle of the contract, including negotiation, drafting, execution, monitoring compliance, evaluating performance, and maintaining contractual records.
Manage grants/contracts between LISC and its funders.
Manage contracts between LISC and its consultants.
Assist the Resource Development team in identifying funding opportunities and preparing proposals, applications, reports, presentations and tours.
Supervise 1 staff member and possibly 1 intern.
Assume responsibility for special projects and other assignments, as needed.
Requirements:
Bachelor’s degree from an accredited college or university required; graduate level education is a plus.
5+ years experience in community/economic development or related field. Program or project management experience in or with community-based organizations is strongly preferred.
Keen interest in and commitment to the community development mission of LISC.
Highly motivated, solution-oriented individual who is self-directed, and able to successfully balance multiple priorities and time-bound projects/programs.
Team-player skilled at collaboratively designing and implementing solutions.
Skilled at facilitating meetings.
Highly skilled at project management.
Strong listening skills.
Aptitude for applied learning.
Working knowledge of the economic, political, and social environments of Philadelphia, especially lower-income neighborhoods, organizations, and community development efforts.
Ability to interact with a diverse range of individuals and organizations, including but not limited to, residents, community development organizations, public agencies, private developers, funders and lenders.
Attention to detail and deadlines, especially in the areas of contracts management and reporting.
Experience and knowledge in government contracts management and compliance a plus.
Compensation:
LISC offers a competitive salary and excellent fringe benefits.
How to Apply:
Submit cover letter and resume to Melissa Kim, Deputy Director, at mkim@lisc.org, no later than September 16, 2019. Please include “Program Officer” in the subject line of your email. No phone calls please.
Background:
Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
- Helping communities create 300,000 homes for individuals and families who did not have one;
- Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
- Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.
Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Loan Portfolio Manager to work with our Finance team.
Position Summary:
Why we need you:
CSH is seeking an enthusiastic, results-oriented, equity focused Loan Administrator. The Portfolio Manager will be responsible for developing analyses, forecasting, and transactional and portfolio reporting while also performing the day-to-day activities related to managing and closing loans. This position is located in CSH’s New York, NY office.
Responsibilities:
What you will do:
Loan Administration and Closing
• Review financial transactions and terms for accuracy, compliance and completeness. Input transactions into and maintain loan system, monitor ongoing compliance and manage performance dates.
• Collect, review and analysis of reporting requirements related to each financial transaction throughout the entire life-span of a loan, from approval to close.
• Work with internal partners (lenders, legal team and finance staff) to proactively address compliance issues, address required modifications a loan or grants terms and conditions and problem solve issues that arise during the course of loan administration and closings.
Reporting
• Implement and oversee loan and portfolio reporting, including regular status reports.
• Prepare and ensure timely reporting to investors, the CDFI fund and other internal and external stakeholders.
• Support and collaborate with Fund Development, Community Investment Team, Executive Staff and other internal stakeholders on preparing and analyzing reports as needed.
Compliance
• Respond to any CDFI Fund requests that may arise (FA/CMF), and pull staff in to address as needed.
• Participate in training of new staff people on reporting compliance process and systems.
• Prepare information for monthly Loan Portfolio Monitor Committee and lead discussions on Loan Portfolio Quality.
• Oversee on-going review of borrowers for adjustments to Loan Loss Reserve based on risk factors
Financial Analysis and Management
• Provide necessary schedules and information to maintain accuracy of information in the general ledger regarding above activities. Assist the CFO in assessing the efficiency and effectiveness of CSH’s current systems and procedures for handling all the responsibilities outlined above.
• Recommend modifications to policies, procedures or risk rating methods to improve risk identification and mitigation.
• Other duties or special projects as directed by the Chief Financial Officer.
Note: CSH is also the recipient of several New Market Tax Credit Awards (NMTC) and we are seeking to expand staffing in support of the NMTC program. While not a requirement for this role, applicants with experience in the NMTC program or other programs funded by the Department of Treasury are encourage to note this on their resume and cover letter.
Requirements:
How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.
• Bachelor’s degree is desired, equivalent experience accepted as substitute for degree.
• 3-years minimum experience in asset/portfolio management, project development, and/or non-profit lending. Experience in loan servicing and/or compliance highly desirable.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities is preferred.
• Strong interpersonal, presentation and written and verbal communication skills with the ability to present to diverse audiences, specifically racially, ethnically and socially diverse internal stakeholders.
• Ability to capture, synthesize and present information in report form.
• Ability to meet the needs of internal and external customers by delivering high quality service.
• Experience with reporting utilizing multiple databases, statistics and experience using a range of quantitatively-based analytical methods.
• Proficient with spreadsheets, standard office automation applications and relational database structures.
• Familiarity with MS Dynamics or other complex accounting systems a plus
• Proficient with loan administration software platforms, CSH’s current system is The Exceptional Assistant (TEA) by Common Goals.
• Strong analytical, interpersonal, presentation and written and verbal communication skills with the ability to present to diverse audiences, specifically racially, ethnically and socially diverse communities.
Compensation:
Commensurate with Experience
How to Apply:
Interested in joining our team as a leader in the national supportive housing movement?
To Apply:
Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=106&...
Background:
Florida Community Loan Fund (FCLF) is a nonprofit 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, Tampa, Sarasota, Fort Lauderdale, and Miami. FCLF financing has helped more than 190 organizations succeed in their projects, providing over 492,000 Floridians annually with housing or social services through 350+ lending transactions to projects totaling over $1.12 billion. FCLF became Florida’s first certified statewide Community Development Financial Institution in 1996 and has been certified as a Community Development Entity since 2004.
Currently, FCLF has $71 million in total assets, a staff of 19, and an operating budget of $5-6 million. It has a growing loan portfolio of $65 million and has closed $232 million in New Markets Tax Credit investments. FCLF Strategic Plan emphasizes significant growth over the next 5 years and we are adding staff now to keep pace with this growth.
Position Summary:
FCLF is seeking an experienced Community Development Loan Officer to promote FCLF in Florida with a concentration in the greater Tampa area. The successful candidate will identify potential projects to benefit not-for-profit enterprises, which would be funded by loans facilitated through FCLF.
Responsibilities:
This position will:
Engage in and build relationships in the local community to create or expand a presence for FCLF. Develop and nurture relationships with community leaders, funders, developers, nonprofit entity leaders and potential borrowers associated with development projects planned or underway within the community. Promote the potential strategies for utilizing FCLF financing to achieve community development objectives.
Develop lending pipeline as a priority by identifying projects which would meet the lending criteria of FCLF. Also, identify potential projects for the New Markets Tax Credit (NMTC) program or other specialized lending programs in which FCLF participates.
Obtain, underwrite, and analyze loan applications for commercial loans to support community/economic development projects based on criteria established for each program and loan policies within each program. Perform due diligence, site inspections, appraisal review, financial statement and pro-forma credit analysis, and credit evaluations of potential borrowers. Prepare credit memos and supporting documentation and present loans for review or approval to the Chief Lending Officer and/or Chief Executive Officer; or Lending Committee.
Draft and coordinate with the FCLF portfolio administration staff or Chief Lending Officer to issue commitment letters and to facilitate loan closings and monitor loan advances and disbursements.
Monitor borrower relationships for borrower needs or difficulties. Increase, extend, modify and restructure loans as needed. Mitigate loan portfolio risk through coordination of post-closing technical assistance, extensions, restructurings and work-outs.
Assist in the preparation of monthly Lending Committee material by contributing to reporting. Participate in periodic portfolio evaluations including presentation of recommendations for loan grades. Assist in the preparation of periodic written reports regarding the status of loan request and applications.
Partner with technical assistance providers to deliver training services to prepare potential borrowers for the borrowing process.
Participate in the workshop, marketing and promotional activities and materials development for FCLF. Make workshop presentations and participate in forums which inform the public and special audiences about the opportunities for borrowers offered by the FCLF.
Requirements:
Requirements:
BS degree in Finance, Business or equivalent combination of education and experience.
A minimum of 5 years of experience in the commercial/community development/real estate lending, public finance and/or multifamily development fields is desired. Multiple sector experience is preferred.
Demonstrated ability to source, evaluate and underwrite commercial lending projects, preferably in the community/economic development field.
Knowledge of and experience in community development financial analysis; other underwriting experience is preferred.
Ability and experience in delivering services consultatively to diverse constituencies required.
Experience working in low-income communities.
Outstanding communication skills, both spoken and written.
Maturity, initiative, and flexibility required.
Ability to work independently and coordinate with others located across the state.
IT skills and the ability to quickly adapt to software.
Analytical / quantitative analysis skills.
Qualitative analysis and creative thinking skills.
Organizational skills.
Self-motivation skills.
Research skills.
Ability to meet deadlines and cope with pressure.
Compensation:
This position will:
Engage in and build relationships in the local community to create or expand a presence for FCLF. Develop and nurture relationships with community leaders, funders, developers, nonprofit entity leaders and potential borrowers associated with development projects planned or underway within the community. Promote the potential strategies for utilizing FCLF financing to achieve community development objectives.
Develop lending pipeline as a priority by identifying projects which would meet the lending criteria of FCLF. Also, identify potential projects for the New Markets Tax Credit (NMTC) program or other specialized lending programs in which FCLF participates.
Obtain, underwrite, and analyze loan applications for commercial loans to support community/economic development projects based on criteria established for each program and loan policies within each program. Perform due diligence, site inspections, appraisal review, financial statement and pro-forma credit analysis, and credit evaluations of potential borrowers. Prepare credit memos and supporting documentation and present loans for review or approval to the Chief Lending Officer and/or Chief Executive Officer; or Lending Committee.
Draft and coordinate with the FCLF portfolio administration staff or Chief Lending Officer to issue commitment letters and to facilitate loan closings and monitor loan advances and disbursements.
Monitor borrower relationships for borrower needs or difficulties. Increase, extend, modify and restructure loans as needed. Mitigate loan portfolio risk through coordination of post-closing technical assistance, extensions, restructurings and work-outs.
Assist in the preparation of monthly Lending Committee material by contributing to reporting. Participate in periodic portfolio evaluations including presentation of recommendations for loan grades. Assist in the preparation of periodic written reports regarding the status of loan request and applications.
Partner with technical assistance providers to deliver training services to prepare potential borrowers for the borrowing process.
Participate in the workshop, marketing and promotional activities and materials development for FCLF. Make workshop presentations and participate in forums which inform the public and special audiences about the opportunities for borrowers offered by the FCLF.
How to Apply:
Application Instructions:
Please submit your resume via e-mail to vltorres@torreshrgroup.com along with a cover letter which specifically outlines your experience in the following:
Your experience in commercial banking and/or nonprofit lending
Number of years and position(s) held
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.
Background:
We are a tech company with a mission. Craftsman aims to help nonprofits grow and thrive by ensuring they meet the high technical expectations of their constituents. By aligning strategy and business process with tools and technology Craftsman delivers transformative projects, best-in-class industry solutions and enduring partnerships. We are a registered Salesforce partner who works to deploy and sustain technology solutions by providing support, enhancing operations and stimulating growth at nonprofits. Our team of analysts, project managers, technical architects and developers have extensive experience working at mission-driven organizations.
Our Community Development practice supports organizations that build capacity in our communities. Craftsman serves Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) through a suite of Salesforce tools including our loan management solution.
Position Summary:
Boston, MA or Remote
This is an intermediate-level position, requiring some previous experience as a Business Analyst and with Salesforce, while providing opportunities to expand your professional skills. In this forward-looking role, you will assist our nonprofit clients in defining and executing near-term requirements, and in identifying possible next steps for enhancement. You will help gather requirements to define clients’ functional, technical, and business needs. Reporting to a Practice Lead and working as part of a team, we expect you to strengthen your existing skills in developing and configuring the tools and technology at the core of our clients’ solutions.
Responsibilities:
We will expect you to grow into and master these responsibilities to succeed and advance in this role:
- Understand clients’ needs and facilitate their setting of project goals and objectives
- Gather technical, functional, and process requirements
- Collect business process needs and provide recommendations for improvement
- Facilitate client meetings
- Report on project status
- Configure Salesforce-based tools and technology per requirements
- Conduct testing and track issues and their resolution
- Create business process documentation and contribute to the Craftsman knowledge base
- Deliver end-user training to clients
Requirements:
Required qualifications:
- Two- to three-years’ experience using Salesforce, preferably including Salesforce Administration
- Four-year degree
- Relevant technical and client-facing skills
- General nonprofit experience
- Commitment to the nonprofit sector
- Commitment to learning technology skills and nonprofit practices
- Flexibility to travel up to 25%
Preferred qualifications:
- Salesforce Certified Administrator credential
- Graduate degree in relevant field
- Demonstrable experience in technology project deployment
Compensation:
Compensation commensurate with experience.
Benefits:
- Salaried, full-time position
- Healthcare insurance and 401(k) benefits
- Craftsman’s commitment to professional development and advancement
- Work culture aiming toward work/life balance
How to Apply:
Fill out the application:
https://app.trinethire.com/companies/20325-craftsman-technology-group-ll...
Background:
New Markets Support Company delivers creative financing solutions to empower underserved communities across the country. We increase access to capital by tailoring our products and services to meet the needs of our clients and partners, recognizing that every community has unique strengths and needs, as does every investment we help make in partnership with our clients. NMSC partners with a wide breadth of community partners and financial institutions to better understand and address the multifaceted challenges faced by underserved communities, working together to build community assets that enable everyone to realize their full potential.
www.newmarkets.org
Position Summary:
This individual will be a key member of the loan servicing team for New Markets Support Company and will be responsible for a full range of loan servicing functions, including: loan set-up, ACH processing, borrower invoicing, payment processing and reconciliation, and inquiry resolution.
Responsibilities:
- Timely and accurate onboard of all new loans in servicing platform
- Manage monthly invoicing, payment processing and reconciliations for a $500 million+ loan portfolio
- Provide high-level customer service to borrowers, clients and internal team members by responding to inquiries and requests within 24 hours and troubleshooting issues
- Become a subject matter expert on NMSC’s loan servicing platform
- Prepare periodic loan process exception reports, delinquency reports, and other reports to communicate portfolio performance, borrower issues, and other key metrics to management
- Maintain a borrower/customer focus with emphasis on a positive experience as it relates to all stakeholders and resolving borrower inquiries and issues
- Propose improvements to increase productivity and efficiency in the department, while adopting and supporting new products, enhancements, and systems
- Work on special projects, research and/or analysis as assigned
Requirements:
- Minimum of 2 years loan servicing experience; 3+ years of experience in the mortgage/financial services industry, a plus.
- Associate’s or bachelor’s degree in finance or accounting, other degrees considered; will consider a combination of education and experience for the right candidate.
- Experience with loan servicing software and processes.
- Strong mathematical skills with ability to apply them to loan related calculations such as interest accruals, discounts/premiums, loan participations, etc.
- Strong customer service and communication skills.
- Independent worker and analytical thinker with ability to conduct research, data analysis and resolve complex problems.
- Knowledge of automated accounting systems and procedures preferred.
- The desire to learn, take on new projects, and advance current skills.
- Ability to establish and maintain effective working relationships with supervisors, co-workers, and outside business professionals.
- Strong attention to detail.
Compensation:
We offer a competitive salary, along with a comprehensive benefits package.
How to Apply:
Submit resume and cover letter with salary requirements to Rosa Hall (rhall@nefinc.org) and Matt Huber (mhuber@nefinc.org)
NMSC IS AN EQUAL OPPORTUNITY EMPLOYER
