Industry Job Bank

  • Make an impact and join the opportunity finance field.

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

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

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

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

Business Development Officer Capital Impact Partner
Detroit, MI
Job Function: Business Development
Posted: May 14, 2018

Background:

BUILDING COMMUNITIES OF OPPORTUNITY: We believe that every community should be built on a foundation of equity, inclusiveness and cooperation. This requires us to break down the barriers to success by addressing key social and economic justice issues. That is why we have dedicated our mission to delivering both the capital and commitment that help people build strong, vibrant communities of opportunities. Places where all people have access to high quality services that foster good health, economic growth, and interconnectedness.

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:

DOE

How to Apply:

Please use the following link to apply to the position: https://recruiting.myapps.paychex.com/appone/MainInfoReq.asp?R_ID=1979855

Chief Executive Officer Alternatives Federal Credit Union
Ithaca, NY
Job Function: Administrative/Operations/IT
Posted: May 14, 2018

Background:

Alternatives Federal Credit Union is a Community Development Financial Institution (CDFI), dedicated to building wealth and creating economic opportunity for underserved people and communities, while providing traditional credit union services to its service area. It is a Community Development Credit Union (CDCU), member-owned, locally controlled and self-supporting, whose purpose is to meet the financial needs of the members of its community. Alternatives specializes in providing financial education and counseling and other supports for its members, assisting people to move from transacting to saving, to credit building and owning assets.

Since its founding in 1979 by a group of co-op businesses in Ithaca, NY to fill a need in financing of co-ops and small businesses in the area, Alternatives has grown in assets to just over $100 million, and to a membership of just over 10,000. Now for nearly 40 years, Alternatives has been a national leader and innovator in the world of CDCUs, providing convenient and flexible financial services to its members, as well as creating a broad range of new programs to better meet the changing needs of its members and the underserved in Ithaca.

Alternatives is regulated and federally insured by the National Credit Union Association (NCUA) and is certified by the Community Development Financial Institutions Fund of the US Treasury Department. It is an active member of the National Federation of Community Development Credit Unions, the NYS CDFI Coalition and the NY Credit Union Association.

Alternatives offers members a full-range of financial services, ranging from checking, savings and mobile banking, to consumer, mortgage and business loans from a single facility located near downtown Ithaca, as well as a network of ATMs around Ithaca. With a full suite of consumer banking services available online, the single facility is less of an obstacle to excellent customer service than it might otherwise be.

 

For more information about the range of services offered, visit alternatives.org.

In addition to the credit union, Alternatives also has two other affiliates: Alternatives Impact and the Alternatives Fund. Alternatives Impact is a 501(c)(3) organization which can receive tax deductible contributions to support the community programs, and the Alternatives Fund is a 501(c)(6) organization that can engage in lobbying and provide other supports to the credit union.

Alternatives is currently in a very stable position, both in terms of its financial position and its staffing. It has established solid management systems, a strong balance sheet, an experienced and creative staff, and a very positive reputation, both locally and nationally. It has consistently passed its NCUA examinations with flying colors, even though its community development mission is not always fully appreciated by the examiners. Throughout its history, it has developed a distinctive participatory organizational culture which has helped its low-income members and newer staff feel more connected with the organization.

The organization finished 2017 with total assets of nearly $104 Million, including nearly $78 Million in loans, primarily in mortgages. This was against total member deposits of just over $92 Million. Net interest income in 2017 was $3.56 Million, resulting in organizational net income of $506,000 for the year. This represents continuation of steady financial growth over the past decade which has seen both deposits and loans more than double. Even so, Alternatives management and Board see great potential for further growth. The most recent strategic plan calls for annual growth in assets of 8% and growth in loans of 10% over the next 5 years.

Alternatives has a large staff for a credit union of its size to support the extensive range of community programs and its community empowerment mission. The current staff of 50 is led by a management team with key positions including CFO, Chief Lending Officer, Branch Manager, Director of Community Programs and Outreach, and General Counsel. The Loan Department has a staff of 10, making consumer, business and mortgage loans, as well as providing an unusual degree of technical assistance to borrowers. The Branch (retail banking) has a staff of 14, mostly a team of tiered tellers. In addition, there are 7 members of the Community Programs Team leading community and financial education activities and service programs like the Volunteer Income Tax Program, Student Credit Union, and Business CENTS. Other key positions include human resource, compliance, project management, accounting, information technology, marketing and development directors.

Alternatives is governed by a 12-member Board of Directors from among the Credit Union’s membership. They work through an active committee structure that includes loan policy, member experience, finance, human resources, governance, community relations and evaluation, and supervisory committees. The Directors bring a combination of professional credentials in cooperative or nonprofit management, law, finance and a deep understanding of community needs in Ithaca.

Position Summary:

The Chief Executive Officer is the chief staff member and Alternatives’ primary representative to members, the local community, and to other organizations, including governmental regulators. S/he effects the vision and mission of Alternatives for the benefit of the members and the community, as articulated by the goals and policies set by the Board of Directors, and directs the overall operations of the organization and its affiliates to ensure that the vision, mission, work plan and budget are met, leading and managing the staff. The CEO is ultimately responsible for management and program operations, hires and supervises staff, interfaces with staff in specific program areas, supports the Board and its committees and supervises consultants, when necessary. Reporting to the Board of Directors, the CEO’s responsibilities can be grouped in four major areas: external relations, strategic planning, resource development, and organizational management.

Responsibilities:

The CEO is the primary spokesperson for the organization, and represents Alternatives to the broad range of publics it touches, not only in the Ithaca region, but also nationally. These include the credit union members, the residents, businesses, community and political leaders of Ithaca and Tompkins County in which Alternatives is based, and the users of Alternatives’ services, as well as many partners from beyond the local community. Those external partners include the many federal, state and local governmental agencies (e.g. NCUA, CUNA, CDFI Fund) that relate to Alternatives’ comprehensive range of programs and activities, the state and national coalitions that support and share Alternatives’ mission and goals (NFCDCU, NY Credit Union Association, Opportunity Finance Network, etc.) and other community and private sector leaders in Ithaca, whose partnership is critical to many of Alternatives’ initiatives. This requires the ability to articulate Alternatives’ social justice values and economic empowerment mission.

In strategic planning, the CEO works closely with the Board and senior management to shape the organization’s direction. This includes both the identification and assessment of new strategies and initiatives that might continue Alternatives’ identity as a trailblazing organization, and planning for the careful utilization of human and financial resources. Of particular concern to Alternatives is the ongoing question of when to stretch further to address changing community needs and priorities, and when to consolidate the existing broad range of programs and activities. In addition, annual program and financial plans need to be developed and implemented, with an eye toward carrying out Alternatives’ mission objectives and strengthening its own capacity to sustain itself.
 
A third major responsibility for the CEO is that of organizational development. In this role, s/he will maintain an ongoing knowledge of technological and product innovations relevant to Alternatives, and support and implement promising innovations, subject to Board approval as major changes. This includes implementing new services and programs and securing the revenues necessary to support them, consistent with the organization’s mission. This means gradually reducing reliance on grant support for community programs via its 501(c)(3) affiliate, Alternatives Impact, and achieving organizational growth to a scale that provides adequate internal support. Alternatives has a long history of attracting resources from a very wide range of sources for its innovative programming, but recognizes that such funding is dwindling. The CEO plays a key role in communicating with and nurturing funders, along with the Director of Development.

Finally, the CEO is Alternatives’ chief administrator, with oversight responsibility for program, organizational finances and management systems. Central to that effort is assuring the continuing presence of capable staff and quality systems. Working closely with and through the senior management team, the CEO must maintain a strong results orientation with clear performance indicators. This requires also maintaining a solid understanding of the financial condition and operating characteristics of both the many lines of business and program components that comprise Alternatives, and the organization as a whole, and the ability to communicate that condition clearly to the Board both through financial reports and appropriate commentary. Finally, and by no means least important, the CEO is responsible for creating a work environment that challenges and encourages staff, and enables them to achieve their greatest level of effectiveness and develop professionally.

Requirements:

The ideal candidate will demonstrate the following professional qualifications:

  • At least 10 years of organizational leadership experience, preferably including direct credit union management experience;
  • At least 5 years of retail financial service experience with a general understanding of community development finance tools and processes, as well as credit union systems and regulations;
  • Demonstrated broad knowledge of and contacts within the credit union industry and/or the community development finance field, ideally including contacts within NY state;
  • At least 10 years of executive level management experience, ideally including some experience with a community development financial institution;
  • Demonstrated entrepreneurial aptitude to successfully manage continued growth of all aspects of the operation;
  • Demonstrated record of successful financial management, including profit and loss responsibilities;
  • Outstanding skills in oral and written communication;
  • Demonstrated strong strategic planning and financial analytical skills;
  • Demonstrated skill, experience, and success leading an engaged and participatory staff;
  • Appropriate combinations of education and professional experience resulting in a strong capability in financial and organizational management;
  • Must be bondable.

Personal characteristics

The ideal candidate will demonstrate the following personal characteristics:

  • Clear commitment to Alternatives’ mission of building wealth and creating economic opportunity for underserved people and communities;
  • Clear action orientation and strong motivational skills;
  • Widely recognized leadership and personnel management skills;
  • Reputation for creativity and innovation in achieving goals;
  • Strong communication skills, including listening, speaking and writing in order to learn from and to inform and to influence a variety of audiences;
  • Demonstrated comfort in working in and with diverse communities and organizations;
  • A collaborative personal style that works in partnership with others – including members, staff, volunteer leaders and external partners;
  • Personal flexibility to work with a broad range of personalities, cultures and styles; and
  • A high degree of emotional intelligence.

Compensation:

The salary range for the position is commensurate with experience and comparable with that of other credit unions of similar size. In addition, Alternatives provides a comprehensive and flexible benefits package.

How to Apply:

For more information, or to apply, contact:

David Erickson-Pearson, 
Erickson-Pearson Search 
8801 Creekside Way
Highlands Ranch, CO 80129

Phone: 303 -703-6165
Email: epdavid@earthlink.net

Senior Credit Analyst LISC's New Markets Support Company
Chicago, IL
Job Function: Credit
Posted: May 7, 2018

Background:

New Markets Support Company (NMSC) 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. Over the past 15 years, we've invested more than $950 million into real estate developments and businesses in distressed communities.

NMSC is a subsidiary of the Local Initiatives Support Corporation (LISC), one of the country's largest community development financial institutions.

Position Summary:

The Senior Credit Analyst is responsible for the due diligence and evaluation of Commercial and Industrial (C&I) and Commercial Real Estate (CRE) loan requests and assisting in monitoring higher risk loans in the existing portfolio. The analyst will review and analyze financial and industry data, borrower performance and management capabilities to assess credit worthiness, and estimate the degree of risk involved in extending credit and the health of the current portfolio. 

Responsibilities:

  • Analyze and review financial statements (including audited/compiled/reviewed statements, corporate and/or personal tax returns, personal financial statements, credit bureau reports) on a portfolio of diversified loan types.
  • Prepare written credit memorandums that consist of a thorough and objective analysis of the following; financial condition and credit worthiness of prospective and current borrowers, lending risks, clearly identifying offsetting mitigants, prevailing industry and market conditions, management team, collateral, debt service and covenant compliance, deal loan structuring.
  • Provide/recommend credit risk ratings consistent with the organization’s credit guidelines and/or loan policy.
  • Work closely with the NMSC Senior Credit Officer and lending staff in understanding complex credit needs and accurately risk rate the existing loan portfolio.
  • Ensure satisfactory turnaround of loan requests.
  • Perform annual reviews of existing loan portfolio as needed. 

Requirements:

  • Bachelor’s degree or equivalent in Accounting, Finance, Business Administration, or Economics preferred.  Advanced degree in business field helpful.
  • Minimum of 3-5 years of experience in credit analysis and/or commercial underwriting.
  • Proficiency with Excel spreadsheets and working knowledge of Word.
  • Thorough understanding of risks (market, interest rate, industry, etc.) as it applies to the underwriting process.
  • Ability to work on multiple projects simultaneously, managing time and resources to ensure work is completed efficiently and within established timeframes.
  • Strong analytical and practical problem-solving skills in addition to excellent oral and written presentation skills. Strong attention to detail.
  • Strong ability to work in a team-based environment.
  • Formal credit training is a plus.
  • General knowledge of New Markets Tax Credit transactions is a plus.

Compensation:

Salary commensurate with experience. We offer a competitive salary, along with a comprehensive benefits package.

How to Apply:

Submit resume and cover letter with salary requirements via e-mail to Rosa Hall, Senior Benefits Coordinator, at rhall@nefinc.org.

Rural Development Specialist - Environmental (New Mexico) Rural Community Assistance Corporation
West Sacramento, CA
Job Function: Community Outreach
Posted: May 4, 2018

Background:

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

Position Summary:

The Rural Development Specialist (RDS) provides technical, managerial, and financial (TMF) assistance to small disadvantaged community water and wastewater systems, and colonias, so that they can operate sustainably and deliver quality services to the communities served.  The RDS also facilitates discussions for utilities considering partnerships and consolidations with other systems.  

Responsibilities:

  • Conduct Technical, Managerial and Financial (TMF) assessments
  • Conduct rate analyses for water and wastewater utilities
  • Assist utilities in the development of budgets and financial reports
  • Develop work plans to address system needs and provide training and technical assistance to build capacity of utilities
  • Provide board training and guide local utility boards through the requirements or conditions to access federal grants / loans
  • Assist utilities to achieve compliance with the Safe Water Drinking Act and Clean Water Act
  • Promote, facilitate and mediate community partnerships to maximize limited resources
  • Plan, prepare, and deliver group and one-on-one adult trainings and workshops to utility staff, board of director and community members
  • Provide excellent customer service

Requirements:

A combination of experience and education is required to qualify for the position. 

A typical qualifying combination would be:

Experience: 

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

Education:

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

Compensation:

$54,012 to $69,600

How to Apply:

Please visit our website at www.rcac.org/careers to view the full job description or complete the online application. EEO/AA

Director of Resource Development IFF
Chicago, IL
Job Function: Grant Writer
Posted: May 3, 2018

Background:

IFF improves the world by strengthening nonprofits and the communities they serve. As a mission-driven lender, real estate consultant, and developer, IFF helps communities thrive by creating opportunities for low-income communities and persons with disabilities. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Across the Midwest, we help clients from every sector, including human service agencies, health centers, schools, affordable housing developers, and grocery stores. Staff contributes its extensive business experience with an unrivaled connection to the mission of IFF and the nonprofit clients it serves. 

IFF is looking for candidates with a commitment to the work it does and can demonstrate their creativity, detail-orientation, diligence, efficiency, enthusiasm, flexibility, organization, thoughtfulness, and sense of humor. 

Our staff of nearly 100 professionals works from our Chicago headquarters, and we also serve the Midwest from six regional offices: Indianapolis, IN; Detroit, MI; Kansas City, MO; St. Louis, MO; Columbus, OH; and Milwaukee, WI.

Position Summary:

The Director of Resource Development leads prospect research, grant requests, and grants management for its department and sector initiatives. The Director develops and maintains relationships with key funders and prospects, and works with the Vice President and other department staff on the development of annual fundraising planning and goal setting. The Director provides direction as needed to the Resource Development Associate to ensure alignment in execution of the department’s work plan.

Responsibilities:

  1. Works with Vice President to develop and advance grant making strategy for department and sector initiatives. Develops and recommends strategy for securing new funding.  Leads and conducts prospect research, manages funder relationships, and leads proposal development and submission. Coordinates and regularly meets with staff across departments to gather program updates and impact data to complete assigned reports.  Participates in cross-functional teams to provide strategic insight and direction about resource development. Ensures assigned grants/contracts are documented through grant life cycle (i.e. recorded in tracking system, CRM, contract reviewed and executed, thank you correspondence sent, reporting and renewal dates entered into work plans). 
  2. Supports strategic planning, program design, and budget development at the initial vision and proposal development phases working collaboratively with key sector leads and senior management. 
  3. Assists the Vice President and members of the Senior Management Team to identify and develop partnership opportunities, with a special focus on the Chicago market.
  4. Manages active grant portfolio for department specific and sector initiative grants and assigns grants for management to the Resource Development Manager. Manages and/ or prepares funding reports for assigned grants. Ensures assigned grants are documented through grant life cycle (i.e. recorded in tracking system, CRM, contract reviewed and executed, thank you correspondence sent, reporting and renewal dates entered into work plans). Meets with department staff to document progress on grant deliverables. Works with the Finance to ensure grant reporting deadlines are met. 
  5. Manages the preparation of government funding requests leading on content and overseeing proposal coordination, including research, writing and editing large government grant proposals as scheduled, including CDFI and others as determined. Works with finance and program departments to coordinate information for the proposals. Supports other departments in preparing government funding requests. 
  6. Participates in annual budgeting and fund raising projections. Works with other staff to develop annual fundraising plans and strategies for the growth of all departments in accordance with annual plans of IFF and Financial Forecast. Conducts ongoing prospect research on government, foundation and corporate funding in line with strategic priorities. 
  7. Develops and maintains excellent relationships with funders, investors and other stakeholders, including IFF staff. Maintains required job knowledge and skills and core professional competencies.  Attends and participates in networking opportunities, educational programs and staff meetings. 
  8. Develops and recommends new policies, tools, and structures to improve grant design, budget, and development processes and post award monitoring of grants and contracts. 
  9. Develops and leads Resource Development on-boarding to ensure IFF staff understand the role of Resource Development.   
  10. Performs other duties as assigned. 
 

Requirements:

Performance Measures: 

  1. Works with the Vice President to develop fundraising plans and strategies, resources prospects and proposals. Collaborates effectively with IFF senior management, program and fiscal staff.
  2. Achieves fund raising goals in all categories.
  3. Develops appropriate balance among current funders in existing states and new funders in new states. Maintains updated prospect research files; maintains clear and effective paper and electronic proposals, reporting and fiscal fundraising files.  
  4. Identifies and solicits funds, including in new geographic areas and for new programs, with ongoing tracking and monthly reporting of current funder proposals.  
  5. Works in collaboration with other staff to complete large government grant proposals as scheduled, including CDFI and others as determined.
  6. Works in collaboration with other staff to complete large government grant reports as scheduled. 
  7. Establishes and stewards independent funder relationships as appropriate – maintains existing relationships and develop new relationships.
  8. Initiates, follows-up, and builds successful prospecting relationships through networking activities on a consistent basis.
  9. Attends training or professional development programs. 
  10. Meets all proposal and reporting deadlines. 
  11. Cultivates a culture of openness in information sharing.  Encourages open communication, cooperation, and the sharing of knowledge. 
  12. Models personal accountability that promotes ownership and engagement.
  13. Builds and maintains effective working relationships with colleagues, peers and team members.
  14. Values and supports differences in others, contributing to an inclusive work environment.  Demonstrates the ability and willingness to communicate effectively with people of diverse backgrounds and experiences to create a collaborative, collegial, and caring community.
  15. High level of satisfaction with both internal colleagues and external contacts.

Position Qualifications:

Education: Undergraduate or Master’s degree.  Experience may substitute for an advanced degree.

Previous Experience: Five to eight years of work experience in increasingly responsible positions that document a connection to alternative finance, community development or community development finance, finance, real estate development, writing and sales, or resource development for nonprofit corporations. Knowledge of the culture, operations, and structure of nonprofit corporations required.

Special Knowledge & Skills:

  • A thorough knowledge of foundation and corporate fundraising, including understanding of and experience with prospect research and direct experience in proposal writing. 
  • Knowledge of the culture, operations, and structure of nonprofit corporations required.
  • Understanding of all IFF constituencies, including borrowers and clients. 
  • Ability to understand the structure of investments in IFF. Prior knowledge of finance and/or other quantitative disciplines a plus. 
  • Demonstrated ability to think, plan and act strategically. 
  • Self-starter with ability to motivate and organize others. 
  • Excellent communications skills, both written and verbal.
  • A sincere appreciation for the mission and goals of IFF. 
  • The personal attributes, personality, credibility and professionalism to effectively represent IFF to external constituencies.
  • The ability and desire to generate understanding of and enthusiasm for IFF programs among a wide variety of constituencies.

Unusual Requirements: Occasional evening and weekend work. Some travel may be required.

Compensation:

send salary requirement along with cover letter and resume.

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to careers@iff.org with “Director of Resource Development” in the subject line.

IFF values equity, diversity and inclusion as part of its mission to strengthen nonprofits and the communities they serve.  IFF is an equal opportunity employer.

Director Access APlus Capital Access + Captial
Fresno, CA
Job Function: Finance
Posted: May 2, 2018

Background:

Fresno EOC. We are a non-profit loan fund that helps small business owners by offering affordable financing and providing business advisory training. 

OUR MISSION

At Access Plus Capital we envision an economically prosperous Central California powered by entrepreneurs. 

Our mission is to finance small businesses and create jobs in underserved communities. 

 

Position Summary:

The Director of Access Plus Capital reports to the Chief Executive Officer of Access Plus Capital and is responsible for the company's day-to-day operating activities, including supervising Credit, Underwriting, Data Processing, Portfolio Management and Business Development team and to sustain and grow the company.

Assist in the fulfillment of the agency's vision by empowering individuals who thrive as healthy, self-sufficient and contributing members of our communities.

 

Responsibilities:

  • Supervise Credit/Processing, Business Development, and Portfolio Management departments, overseeing development of goals and measurement of key performance indicators.
  • Develop and implement strategic plans to increase efficiency and effectiveness of agency operations.
  • Maintain knowledge of laws, regulations, and guidelines within the banking/Community Development Financial Institution (CDFI) industry to ensure compliance with regulatory agencies and organizations.
  • Develop, establish, and direct execution of operating policies and procedures to support overall company policies and objectives.
  • Direct company operations to meet budget and other financial goals.
  • Advise the CEO on the Board Agenda items.
  • Direct short-term and long-range planning and budget development to support strategic business goals.
  • Review, monitor and evaluate internal financial management and budget controls of program expenditures.
  • Establish the performance goals, allocate resources, and assess policies for senior management.
  • Demonstrate successful execution of business strategies for company products and services.
  • Direct and participate in acquisition of growth activities to support overall business objectives and plans.
  • Manage portfolio review and collections activities.
  • Manage loan write-offs and troubled assets including repossession and liquidation of collateral as well as working with agency attorneys on legal actions required for loan recovery.
  • Manage the agency’s information technology implementation, administering various lender portals and IT vendor contracts.
  • Participate in capital market development, including participation in workshops, bank meetings, analyst meetings, etc. 
  • Represent the program before funding source Boards and committees.
  • Participate in the Fresno EOC Directors meeting.
  • Attend Business related conferences and seminars on behalf of the CEO.
  • Recruit, train, supervise, and evaluate program staff.  Assures a safe, productive, organized, respectful, and instructive work/service environment.
  • Travels for agency business using personal vehicle.
  • Performs other duties as assigned.

Requirements:

To execute this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EXPERIENCE

  • At least five (5) years of experience, with three (3) in senior level position, in a bank, credit union or some other financial institution.
  • At least three (3) years’ experience of budgeting, business development and strategic development.
  • At least three (3) years’ experience in understanding Small Business’ Financial Statements.
  • At least three (3) years’ experience with managing lending operations including business development, underwriting, loan processing, and/or portfolio management.
  • Experience and working knowledge of Small Business Administration (SBA) programs including SBA Micro, 7a, and/or 504.

 

Compensation:

Salary $6,794 - $7,184/MONTH or DOE

How to Apply:

www.fresnoeoc.org/careers

Program Associate and Underwriter Pennsylvania Assistive Technology Foundation
King of Prussia, PA
Job Function: Lending/Loan Operations
Posted: April 30, 2018

Background:

Pennsylvania Assistive Technology Foundation’s (PATF) mission is to provide education and financing opportunities for people with disabilities and older Pennsylvanians, helping them to acquire assistive technology devices and services that improve the quality of their lives. PATF is Pennsylvania’s Alternative Financing Program (AFP) as designated by the federal Assistive Technology Act.  PATF is also a state and federally-certified Community Development Financial Institution (CDFI).  Since 1998, PATF has helped more than 3,200 Pennsylvanians finance the assistive technology they need through low-interest or no-interest loans worth more than $36 million. PATF also provides financial education opportunities to applicants and individuals with disabilities. PATF’s office is in King of Prussia, Pennsylvania.

Position Summary:

PATF is pleased to announce the opening of the full-time position for Program Associate and Underwriter.

Responsibilities:

Job Responsibilities and Duties

  • Answer the telephone and e-mail requests for information;
  • Identify and assess callers’ needs to achieve satisfaction;
  • Go the extra mile to engage customers;
  • Answer loan inquiries and provide information and referral, identify other possible sources of funding, and send application packages;
  • Process loan applications, verifying the accuracy and completeness of each file; 
  • Collect required documentation from applicants and follow-up on missing items;
  • Collect and input data into loan servicing software as well as PATF’s data system;
  • Summarize applicant’s financial information to lender for final loan funding decision;
  • Act as a liaison between borrower and lender;
  • Prepare closing documents and disburse loan funds;
  • Provide applicant with timely and periodic status updates of their loan application;
  • Examine, understand and interpret consumer credit reports;
  • Maintain client confidentially and maintains files and data in a secured manner;
  • Prepare invoices for borrowers;
  • Provide post loan technical assistance;
  • Attend and participate in occasional outreach events;
  • Carry out other such duties as may be assigned or requested.

Requirements:

Required Skills

  • Well-developed interpersonal skills and the ability to collaborate with a diverse population, including persons with disabilities;
  • Ability to communicate effectively, both orally and in writing;
  • Ability to work as part of a team;
  • Ability to provide an exceptional level of customer service: in-person, email, and on the phone;
  • Ability to exercise a high degree of discretion and independent judgment;
  • Strong organizational skills with great attention to detail;
  • Ability to handle multiple tasks and frequent interruptions;
  • Excellent records and file management skills;
  • Interest in learning and professional growth;
  • Proficient in Microsoft Office Suite (Word and Excel);
  • Ability to learn database management systems.

Required Education and Experience

  • High school diploma/GED required; College degree preferred;
  • Two years’ experience in consumer lending;
  • Experience in providing varied customer service.

Preferred Qualifications

  • Knowledge and experience of the disability community;
  • Knowledge of assistive technology. 

Physical Requirements and Work Environment:

  • Primarily works in standard office conditions and climate;
  • May work at desk and computer for extended periods of time;
  • Occasionally lift and carry up to 20 pounds;
  • Travel may be required, primarily in Pennsylvania;
  • Must have a valid driver’s license, and current insurance.

Compensation:

This position includes appropriate compensation ($43,000 -- $50,000, depending on experience) and a comprehensive benefits package, including health insurance, 403(b) retirement plan, paid time off, as well as other PATF benefits.

How to Apply:

To Apply:  Please send a cover letter and resume to Susan Tachau, CEO, at stachau@patf.us or PATF, 1004 West 9th Avenue, King of Prussia, PA  19406, May 25, 2018.

PATF is an Equal Opportunity Employer (EOE).

No phone calls or faxes, please.

Senior Portfolio Manager NeighborWorks Capital
Silver Spring, MD
Job Function: Lending/Loan Operations
Posted: April 30, 2018

Background:

NeighborWorks® Capital (NC) is a national community development financial institution (CDFI) that serves the real estate financing needs of the 250 members of the NeighborWorks® network located in all 50 states and the District of Columbia. NC is certified by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI) and is governed by an 11-member Board of Directors, a majority of whom are Executive Directors of NeighborWorks Organizations and industry leaders with expertise in community development, lending and non-profit operations. NC is rated AA2 by Aeris Insight. NC’s current capitalization is $100 million with over 70 loans ($75 million) outstanding nationwide. NC is headquartered in Silver Spring, Maryland and provides loans to the members of the NeighborWorks network that undertake real estate development projects beneficial to their communities, including affordable rental, for-sale housing and commercial projects.

Position Summary:

The Senior Portfolio Manager has lead responsibility with the Portfolio Management team for managing the loans after closing, including loan monitoring, completing annual reviews, analyzing any changes in the borrower or project, proactively identifying early warning signs of trouble and implementing risk mitigation strategies, completing extension requests and modifications prior to maturity date, recommending risk ratings, and overseeing loan disbursement requests. The Senior Portfolio Manager will work with both the Lending and Finance Teams. S/he will also analyze the portfolio, identify existing and potential risks and make risk management recommendations, monitor exposures, maintain all databases containing information related to loans in the portfolio, and provide reports to CCO, CLO, CEO, CFO, the Board, Loan Committee and funders. Responsible for the most complex or highest risk loans.

Responsibilities:

  • Review and respond to loan modification and extension requests, complete memo and submit memo to CCO for approval, and complete necessary documentation to be signed by borrower, all prior to the maturity date.
  • In conjunction with Chief Credit Officer, prepare and update Annual Review schedule to balance workflow between Portfolio Managers based upon expected difficulty and timing. Primarily responsible for more complicated loans that are on Watch List
  • Perform annual reviews on each loan in the portfolio and make risk rating recommendations.
  • Oversee and compile all disbursement requests with assistance from Portfolio Analyst, including construction draws and revolving lines of credit, obtaining and independently reviewing all required documentation.
  • Interface with lead lenders or loan participants as appropriate.
  • Analyze quarterly financial reports and project status updates from borrowers, proactively identifying early warning signs of trouble.
  • Maintain database fields related to required monitoring information due from borrowers, loan specifics, payment status, and risk analysis.

Requirements:

  • Undergraduate degree in business, finance, economics or accounting, advanced degree in relevant field (finance, planning, etc.) is a plus.

  • Proficiency in analyzing complex financial statements of for-profit and nonprofit organizations and their real estate operations.

  • Proficiency in analyzing project financial feasibility, including review of sources and uses, development budgets, pro formas, and project cash flow statements while understanding variability of financing sources.

Compensation:

The organization offers a competitive salary and benefits commensurate with experience.

How to Apply:

Please submit all inquiries to Ollie Fleet: ofleet@specon.com

Program Specialist Equal Justice Works
WASHINGTON, DC
Job Function: Project Management
Posted: April 30, 2018

Background:

The mission of Equal Justice Works is to create a just society by mobilizing the next generation of lawyers committed to equal justice. Equal Justice Works is a recognized leader in the public interest law movement. Please go to www.equaljusticeworks.org to learn more about Equal Justice Works. 

Equal Justice Works provides a continuum of opportunity that begins with incoming law school students and extends into later careers in the profession. From advocating for law school programs that instill public service values among students, to creating summer and postgraduate public interest jobs, to addressing the staggering educational debt that blocks lawyers from going into public service, Equal Justice Works inspires and provides opportunities for the legal community to change lives, make careers, and deliver on the promise of justice for all.

Position Summary:

The Program Specialist, Public Programs will support the efforts of the Public Programs unit. This position will provide administrative, programmatic, compliance and communications support for Equal Justice Works Corps Fellowship programs designed to mobilize lawyers to address the legal needs of marginalized individuals and communities across a range of issue areas.  10-15% travel time required.

Responsibilities:

  • Assist in the overall management of Equal Justice Works corps programs, including planning, organizing, coordination, program execution and monitoring. 
  • Assist in cultivating and managing relationships with Fellows, host sites, and other key partners
  • Provide support on all aspects of day-to-day program operations and administration.
  • Support periodic program monitoring, including conducting desk reviews and host site visits aligned with organizational policies and procedures.
  • Maintain thorough understanding of grant conditions and internal policies and procedures to raise any performance issues as they arise. 
  • Facilitate ongoing communication and information sharing with fellows, host organizations and other key program stakeholders.
  • Coordinate ongoing collection of program data and prepare draft reports
  • Assist in the development and maintenance of internal and public facing program materials, including resource libraries and web pages.
  • Participates in broader Public Programs Unit-wide activities and initiatives, and acts as a liaison and program/Unit representative for internal committees as appropriate.
  • Other duties as assigned by Unit Leadership.

Requirements:

  • Bachelor’s degree required. A relevant graduate degree, such as the Master of Public Administration, is a plus.
  • Two to four years of work experience in direct services program management, including monitoring and reporting is preferred.
  • Commitment to Equal Justice Works’ mission.
  • Demonstrable project management skills, including experience using tools such as Microsoft Project and Visio. Experience with federal grant management is desirable.
  • Professional, customer-service oriented mindset with an ability to exercise good judgment.
  • Attention to detail and ability to manage multiple priorities with a range of complexity.
  • Ability to manage, consolidate, and analyze a high volume of program metrics and narrative data for reporting and monitoring purposes.
  • Strong, professional oral and written communication skills.
  • Proficiency in Microsoft Office (Outlook, Word, Excel, Power Point) and ability to use technology to manage and consolidate data.
  • Interest and familiarity with civil legal aid is a plus.

Compensation:

Salary range is commensurate with experience. Comprehensive and generous benefits package commensurate with education and experience, including loan repayment assistance, full healthcare coverage, dental and 401k.

How to Apply:

Applicants should send a one-page resume, three references, and cover letter describing in detail their experience, qualifications and why they would be a good fit to https://tinyurl.com/y7r3tfzx. Please note: Phone calls will not be accepted.

Administrative Associate, Capital Investment Primary Care Development Corporation
New York, NY
Job Function: Administrative/Operations/IT
Posted: April 30, 2018

Background:

Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) nonprofit organization and community development financial institution (CDFI), 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. 

PCDC’s Capital Investment team invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve.  The Capital Investment team provides financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental and behavioral health services.

Position Summary:

PCDC seeks a full-time Administrative Associate to join the Capital Investment (CI) team. Under the direct supervision of the Managing Director, the Administrative Associate will provide administrative support to the CI leadership and team members, assisting with daily office needs and managing the team’s general administrative activities.  The position partners internally, working with the CI team to support the achievement of lending goals, and with the PCDC’s organization-wide administrative team.

Responsibilities:

  • Provide administrative support including expense reports, check requisitions, tracking receivables, calendar coordination, meeting and travel arrangements, and conference registration.
  • Support the collection of impact and outcomes data, preparation and distribution of reports.  Provide information and prepare reports for management, investors, committees, foundations, Opportunity Finance Network (OFN), and the CDFI Fund.
  • Coordinate logistics for PCDC Board and committee meetings, client meetings, and speaking engagements, including setting up webinars, making catering arrangements, preparation, printing, and distribution of materials, and communication with committee members.
  • Coordinate logistics for internal CI team meetings and conference calls, including room set up and video conferencing/virtual meeting management.
  • Coordinate CI team’s client tracking/contact management, including data entry and creating reports in Salesforce. Manage preparation and execution of market surveys using web-based tools. 
  • Assist with the collection of information from CI clients and maintenance of client records and files.
  • Provide support to PCDC as part of the organizational administrative team, including coverage of the main telephone line and IT help desk back up support when Office Manager is unavailable.
  • Participate in internal training as required to support CI program activities.  
  • Assist CI staff with miscellaneous administrative tasks on an as needed basis.

Requirements:

  • Bachelor’s Degree, and at least three years’ related work experience
  • Must be proficient in MS Word, Excel, Outlook, Power Point and the Internet; proficiency in Salesforce a plus
  • Excellent interpersonal, verbal and written communication skills
  • Excellent customer service skills
  • Strong quantitative and analytical/problem solving skills
  • Excellent organizational skills with ability to manage and prioritize multiple assignments
  • Strong attention to detail
  • A professional appearance and telephone manner
  • Demonstrated aptitude to grasp a general knowledge of multiple disciplines and technologies 
  • Motivated and willing to learn new things as directed
  • Demonstrated ability to work well independently and effectively as part of a team 
  • Ability to “manage up” by eliciting support and cooperation from team members

Compensation:

We offer a competitive salary and comprehensive benefits package.

How to Apply:

For immediate consideration, please email your cover letter, resume and salary requirements to the company contact email address employment@pcdc.org with "Administrative Associate, Capital investment" in the subject line.

Pages

Print Friendly, PDF & Email