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Relationship Manager, Community Development Finance Santander Bank, N.A.
New York City , NY
Job Function: Relationship Management
Posted: October 17, 2018

Background:

Santander Bank, N.A. is one of the country’s largest retail and commercial banks with more than $79 billion in assets. The bank got its start in Spain, but has been serving customers in the Northeast since 2013. With its corporate offices in Boston, the Bank’s 9,700 employees, more than 650 branches, 2,100 ATMs, and 2.1 million customers are principally located in Massachusetts, New Hampshire, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, and Delaware. The Bank is a wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN)—one of the most respected banking groups in the world with more than 125 million customers in the U.S., Europe, and Latin America. It is managed by Santander Holdings USA, Inc., Banco Santander’s intermediate holding company in the U.S. For more information on Santander Bank, please visit www.santanderbank.com.

From how we talk and listen, to how we act, respect is in everything we do. And we’re recruiting people like you who want to strive to help people prosper every single day. At Santander, you’ll be rewarded with competitive compensation and market leading benefits. You’ll have access to comprehensive career development programs that empower you to grow and advance. You’ll discover a company where you can shape a bright future.

Agency submissions and contacts are by invitation only and must be initiated by Santander’s Recruiting Department only. Unsolicited agency submissions will not be honored.

AN EQUAL OPPORTUNITY EMPLOYER M/F/Vet/Disabled/SO

Respect adds up.

Position Summary:

The Community Development Finance (CD Finance) Relationship Manager will be responsible for originations and relationship management of Community Reinvestment Act (CRA) qualifying equity investments and loans in support of community development financial institutions (CDFIs), low income housing tax credit (LIHTC) projects, Small Business Investment Companies (SBIC) and New Markets Tax Credits (NMTC) for Santander Bank, N.A.’s CRA Program. The RM will conduct financial analysis and due diligence on potential loans and investments, prepare committee approval packages, and work with legal counsel to manage the closing process for the Bank’s growing community development portfolio, especially CDFI loans. This position provides support to the CD Finance Director and works in partnership with CD Finance Portfolio Management.

Responsibilities:

- Conduct due diligence analysis on potential community development loans and investments throughout the Bank’s footprint. Perform site visits to lending opportunities 20%
- Conduct financial modeling to evaluate the structure of community development loans and investments. Coordinate reviews with internal partners 15%
- Prepare committee materials for review and approval. Assist with the coordination of internal reviews and approvals with internal departments 25%
- Work with internal and external counsel to achieve timely closing of transactions 20%
- Coordinate new client onboarding with Operations, CD Finance Portfolio Management Team and third party vendors. Collect new client onboarding documents 10%
- Assist with outreach for new relationships with a focus on CDFIs. Maintain lead database and prepare pipeline reports on potential transactions 10%

Requirements:

- Bachelor’s Degree in business, finance, accounting, or economics
- Business Experience (prior years work/related experience) 5 years of commercial real estate finance or community development experience
- Minimum of 3 years hands-on project finance experience in real estate lending, credit and tax credit finance
- Knowledge of applicable regulations and tax law for community development products
- Knowledge of real estate investments including community development financing such as Low-Income Housing Tax Credits, New Markets Tax Credits and Historic Tax Credits
- Strong analytical and financial skills. Knowledge of credit policy and asset management processes
- Strong verbal and written communication skills as well as strategic planning and management ability
- Ability to work with third party accounting and legal consultants as well as sophisticated project development consultants and advisors

Compensation:

- Competitive salary based on experience
- Market leading benefits

How to Apply:

Click apply here https://jobs.santanderbank.com/job/new-york/associate-community-developm...

President Northern California Community Loan Fund (NCCLF)
San Francisco, CA
Job Function: Administrative/Operations/IT
Posted: October 15, 2018

Background:

The Organization
The Northern California Community Loan Fund (NCCLF) works in collaboration with local partners to confront issues of social justice and financial equity. NCCLF provides nonprofits, small businesses, and social enterprises with strategic investment and guidance to deepen work, scale impact, and strengthen our communities.
NCCLF is one of the country’s 950 Community Development Financial Institutions (CDFIs). Since its inception in 1987, NCCLF has invested more than $254 million into projects throughout Northern and Central California, impacting the lives of over 1.5 million community members. The organization’s lending and consulting services support organizations that develop affordable housing; provide critical social, medical and youth services to low-income people; create community arts programs; and increase people’s access to healthy foods.
NCCLF is governed by a 13-member board of directors. The organization’s current operational budget is approximately $7M. There are currently 37 staff, including a Leadership Team of 6. NCCLF’s programs and services include:
• Lending – NCCLF provides real estate loans for affordable housing, community facilities, healthy foods, and economic development projects; working capital loans to meet the short- and medium-term operating needs of nonprofits and other mission-driven enterprises serving low-income communities.
• Consulting – NCCLF offers financial management and real estate guidance to nonprofits, small businesses and social enterprises seeking to expand capacity, evaluate real estate readiness, and use financial resources more strategically. NCCLF intentionally creates equitable opportunities for people who have been shut out of traditional financial spaces, and offers strategic guidance to help them achieve stability and financial growth.
• Social Impact Investing – NCCLF invites investors to join the organization as community allies, displacement mitigators, and long-term equity builders through impact investments. Each investment is made to fund positive social change within underserved communities while offering the potential of financial return for investors.
Recent Accomplishments
Over the past 30 years, NCCLF has made tremendous improvements to nonprofits and enterprises in the community. Its recent initiatives have further advanced the viability of these organizations across Northern and Central California. For example:
• NCCLF is one of very few CDFIs in the nation to receive the highest rating, four-star AAA policy plus, from the AERIS CDFI Assessment and Ratings System in recognition of NCCLF’s financial strength, policy advocacy, and social impact.
• NCCLF expanded its focus on food equity and access by assuming leadership of the California Fisheries Fund, a loan pool dedicated to bringing capital to small family fishing operations in California coastal communities. In 2017, NCCLF also became the administrator of the California FreshWorks initiative, which unlocks capital for innovative projects that bring healthy food options to areas of low access throughout California.
• For over a decade, NCCLF has run a place-based initiative in San Joaquin Valley focused on increasing equity in rural communities, with particular focus on strengthening the nonprofit sector and supporting enterprises that contribute to the advancement of racial and economic equity.
• NCCLF partners with California State University Fresno to offer a Community Facilities Challenge where students from Finance, Design, Construction Management and Humanics work together to develop a real estate analysis on behalf of a community based organization to benefit a low-income community.
• In 2016, NCCLF launched PRO Oakland, a three-year collaboration with Main Street Launch, which supports nonprofits and small businesses impacted by the Alameda County Transit Bus Rapid Transit project. PRO Oakland offers expert technical assistance and flexible capital to these organizations in order to mitigate disruption, avert displacement, and prepare these entities to thrive once construction is complete.
• In 2013, NCCLF helped develop the Community Arts Stabilization Trust (CAST), which purchases real estate to protect arts organizations from the surging San Francisco real estate market.
• In 2011, NCCLF launched its partnership with the City and County of San Francisco to provide technical and financial assistance to nonprofits at risk of being displaced. The Nonprofit Displacement Mitigation Program administered more than $2.5M in financial assistance grants to 57 organizations, and provided technical assistance to 80 nonprofits at risk of displacement.

Strategic Priorities
NCCLF’s FY19 – FY21 strategic plan outlines three core focus areas which include:
• Impact and Influence – A commitment to advancing economic equity by providing products and services to enterprises that lack access to capital or fulfill a community need; advancing racial equity by supporting enterprises that are led by people of color or address issues related to people of color; meeting the needs of low and moderate income individuals by preserving and supporting the community through lending that fills a gap in the housing market; supporting the growth and sustainability of nonprofits that align with NCCLF’s mission; and, forging strategic partnerships, sharing best practices and participating in systems change work.
• Financial Sustainability – Actively seeking a healthy mix of revenue sources and implementing robust financial scenario planning that allows NCCLF to react proactively to changes in the funding climate.
• Organizational Excellence – Strengthening NCCLF’s capacity to attain its organizational goals by implementing decision-making and change management processes that are rooted in the organization’s values and culture, enhancing professional development for staff, strengthening program evaluation systems, and deepening efforts to share compelling stories about NCCLF’s impact.

Position Summary:

The new President should be passionate about NCCLF’s work, have a strong vision about NCCLF’s future direction, and provide strong, credible leadership both inside and outside the organization. The new leader will directly engage with marginalized communities in accordance with NCCLF’s commitment to promoting equity and building strong and healthy communities.

Responsibilities:

The President will report to the Board of Directors, and will have direct reports including the Director of Finance and Administration, the Director of Development and Communications, the Chief Lending Officer, the Director of Strategic Initiatives, and the Director of Consulting Services. The President will also:
• Provide vision and leadership in pursuit of the Fund’s mission; and ensure that NCCLF continues to implement impactful, high quality programs and services.
• Provide thought leadership across the CDFI network and beyond.
• Foster an organizational culture that values high performance, high quality services, successful and measurable outcomes, and rigorous evaluation.
• Advance NCCLF’s firm commitment to racial and economic equity.
• Guide the implementation of the strategic plan; oversee the identification and development of new programs and products including lending, technical assistance and capitalization.
• Further the Fund’s public relationships by representing the Fund in public forums, foster key external relationships and partnerships, and oversee the growth and focus of the Fund’s public visibility and image.
• Oversee NCCLF’s rebranding efforts and work collaboratively with the communications team to ensure the thoughtful implementation of all rebranding efforts.
• Provide leadership in fundraising and capitalization by overseeing development strategies, and serve as a liaison to major development partners and funders.
• Ensure the Fund’s financial strength and ongoing sustainability through oversight of the financial management function.
• Oversee management of assets and compliance with all government and investor requirements.
• Oversee lending activity by reviewing and approving organizational lending decisions including loan commitments, closings, extensions, renewals, and other actions.
• Coordinate involvement in public policy, advocacy work, and public education efforts.
• Provide vision and direction to senior management, and inspiration to NCCLF’s workforce by encouraging innovation and continuous development; and foster a healthy and vibrant organizational culture.
• Advise the Board on policy and strategic matters, nurture and support Board leadership efforts to ensure exemplary governance and oversight of all NCCLF activities, and assist with Board recruitment, orientation and development efforts.

Requirements:

Ideal candidates for this position will bring a variety of experiences and attributes to NCCLF, including:

• A career that demonstrates a strong commitment to building social, economic, and political power in marginalized communities.
• Demonstrated experience in one or more of NCCLF’s core lines of business.
• An innovator and stellar strategist with a successful track record aligning multiple stakeholders around a common vision and related strategies; and the ability to also foster an outcomes-driven team.
• Well-honed business acumen; and proven experience with fiscal management and operations.
• A successful track record developing relationships with investors, cultivating and expanding investor relationships, and securing funding from individual and institutional investors.
• A collaborative leadership style, including experience inspiring and motivating staff, and fostering collaboration and professional development.
• Demonstrated experience fostering high performance teams.
• Demonstrated experience in advancing a racial and economic equity agenda.
• Experience and ability to interact with diverse audiences and stakeholders, and the ability to listen to and be responsive to communities served.
• Masterful communication skills with excellent interpersonal and networking skills: a communicator who inspires genuineness and trust.
• Experience supporting the Board of Directors in its governance role, fostering its ongoing development, and engaging its members in strategy and resource development.
• Familiarity with CDFI’s business lines and the community development sector a plus.

Compensation:

Salary will be competitive and commensurate with experience.

How to Apply:

To apply, e-mail resume, cover letter and salary requirements to: NCCLF@raffa.com (e-mail applications are required). Only complete applications will be considered. For other inquiries contact Peggy Sand at psand@raffa.com. Resume reviews begin immediately.

NCCLF provides equal employment opportunities without regard to race, color, ethnicity, religion, sex, pregnancy or recent childbirth or related medical condition, gender identity and expression, sexual orientation, national origin, ancestry, age, disability, the use of a guide or support animal because of blindness, deafness or physical handicap of any individual, citizenship, veteran or military status, genetic information, marital status, familial status, domestic or sexual violence victim status, possession of a GED instead of a high school diploma, or any other protected characteristic under applicable federal, state or local laws.

About Raffa, PC
On behalf of NCCLF, Raffa, PC is working with the Board of Directors and leading the President search. Founded in 1984, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious companies. We exist to do meaningful work for organizations like NCCLF who are making a difference in our communities and our world. Learn more about Raffa at www.raffa.com.

Director of Lending IFF
Chicago, IL
Job Function: Lending/Loan Operations
Posted: October 11, 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.

Position Summary:

The Director of Lending provides leadership and management of all regional lending activities. The significant focus of the Director will be the Chicago metropolitan area, but the region also includes Central Illinois and Northwest Indiana. The Director will provide input for and execute regional business development and sales activities derived from IFF’s regional marketing strategy. He/she is responsible for setting regional lending goals, sourcing, underwriting and closing loans to target market borrowers and monitoring and maintaining relationships with key borrowers. The Director assists the Managing Director of Lending to develop and maintain visibility and relationships with nonprofits and relevant government, association networks, and others to promote IFF. The Director will also work with the Executive Director – Chicago to implement sales and network activities. He/she reports on office impact.

Responsibilities:

1. Primary borrower relationship manager for regional lending activities. Provides leadership and management of the loan process to set and meet lending goals, including loan origination and sales, underwriting, analysis, preparation of recommendations to Internal Credit Committee and Loan Task Force, facilitating with the Closing and Portfolio Management team loan closings and loan monitoring.

a. Screens projects for alignment with IFF and department goals. Evaluates loan requests including assessment of agency's management, financial condition and financial projections, project and operating plans, potential risks and other relevant data to support a recommendation of whether to make the loan. Follows up as necessary with the agency and others to obtain additional information.

b. Coordinating as necessary with the Loan Program Manager, underwrites, structures, packages and presents loan recommendations for approval to loan committees. Documents terms and conditions and issues commitment letter.

c. Establishes closing requirements and works with IFF Closing and Portfolio Management team, borrowing agency, and others as necessary to complete required documentation and close loans.

d. Identifies opportunities and fields inquiries for charter school, housing and other specialized loan programs or products and facilitates the handoff to the appropriate IFF loan staff.

e. Provides oversight for other loan staff including support on complex transactions.

f. Works with the Closing and Portfolio Management team to support post-close monitoring including customer check-ins or site visits as required. Coordinates customer relationship management with Closing and Portfolio Management and supports effective relationship communications. Identifies potential problems and supports Closing and Portfolio Management work with borrowing agency to minimize late payments. As needed, works with Closing and Portfolio Management to negotiate and follow up on restructures or workouts.

g. In coordination with the Managing Director of Lending, develops and administers the regional lending budget, and reports regional, business development and lending activities to the Chicago office. Works with the Senior Vice President of Capital Solutions and the Managing Director of Lending to develop regional lending goals.

h. Maintains accurate and complete records on regional borrowers and prospects in CRM to ensure that information on all aspects of the loan program is readily available. As required, provides information on lending activity, impact, and performance.

i. Provides recommendations on new and improved lending programs, policies and procedures; marketing materials; application forms; tracking procedures; and general communications; in particular guidance leading to the success of the loan program.

2. Leads loan business development efforts in region to build and maintain a strong loan pipeline. Works with Corporate Communications and Public Affairs department (CCPA), as well as with the Executive Director – Chicago, to develop a marketing plan and implement appropriate marketing, business development and sales activities consistent with the plan.

a. Follows up in a timely manner with inquiries provided through telephone calls or meetings.

b. Develops and pursues business leads from existing network of customers, contact with agencies and market influencers, community leaders and funders and follows up with generated leads.

c. Conducts presentations or Business Targeted Workshops for regional clients as arranged and scheduled with CCPA.

3. Coordinates with other IFF departments to support overall IFF goals, programs and visibility. Works with staff to support and coordinate implementation of special IFF initiatives or research in the region.

4. Maintains required job knowledge and skills and core professional competencies. Attend and participate in required educational programs and staff meetings.

5. Performs other duties as assigned.

Performance Measures:

1. Achievement of department lending and program goals in region.

2. High level of customer satisfaction with IFF products and services.

3. Leadership in maintaining IFF’s role as a full partner to the nonprofit sector.

4. Complete, accurate, timely, and thoughtful analysis for full understanding of underwriting and lending issues on all loan applications, and portfolio and risk assessment reports.

5. Identifies and recommends solutions to issues and problems relating to loan program implementation and role of IFF throughout the region.

6. Full participation and cooperation with CCPA staff and implementation of CCPA/Loan shared procedures. Increase in regional business development network.

7. Full participation and cooperation with Community Strategies, Real Estate Services and other IFF divisions to support implementation of RES work, special initiatives or other IFF business objectives.

Requirements:

Education: MBA or MA strongly preferred, preferably in business, accounting, finance, community development, or urban planning. A Bachelor’s degree plus five years additional relevant experience may substitute for an advanced degree.

Previous Experience: Minimum of ten years of experience in banking, commercial mortgage lending, real estate and community development, or nonprofit management required with a track record of growth and increasing responsibility. Experience in marketing financial programs required. Demonstrated competence in commercial real estate lending, cash flow and project analysis, underwriting, structuring and lending policies and procedures. Strong knowledge of Midwest region.

Special Knowledge & Skills:

1. Knowledge of community development principles and real estate finance and development.

2. Familiarity with construction and lending practices and terminology.

3. Good interpersonal skills; high level written and oral communication and presentation skills, experience in formal presentations.

4. Proficient computer software user, including spreadsheets and databases.

5. Thorough understanding of nonprofit financial statements.

6. Ability to think creatively about problems.

7. Ability to work in and with all communities in the region.

8. Ability to represent the interests of IFF and the department at all levels of government and with community and civic leadership.

9. Network of contacts with nonprofit agencies or leaders a plus.

Unusual Requirements: Regular travel throughout the assigned region. Occasional evening and weekend work; able to inspect active construction project sites.

Compensation:

Compensation Package to be discussed at time of interview

How to Apply:

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

Economic Development Director Community LIFT, Corp.
Memphis, TN
Job Function: Lending/Loan Operations
Posted: October 10, 2018

Background:

Community LIFT is a community development funding intermediary serving Memphis, TN. River City Capital is a CDFI affiliate of Community LIFT and manages its Small Business Loan Fund.

Position Summary:

PRIMARY PURPOSE: Perform all duties related to managing Community LIFT’s economic development activities through its affiliate - River City Capital Investment Corporation and its Small Business Loan Fund.

OVERVIEW: Champion and lead the development and execution of Community LIFT’s economic development plans through its affiliate River City Capital Investment Corporation within its targeted neighborhoods of Upper South Memphis, Greater Binghampton, Frayser, and Whitehaven. The EDD specifically will manage the River City Capital (RCC) Small Business Loan Fund and business retention and expansion efforts. The EDD will work closely with the President, the Business Development Officer (BDO), and other Community LIFT (LIFT) team members to achieve the vision and mission of Community LIFT.

Responsibilities:

10% Direction-setting and Community/Board Leadership
• Work with the President and Board of Directors to develop the goals and objectives for River City Capital
• Organize meetings and agendas for the RCC Board of Directors, including coordinating all RCC board appointments with the President and overseeing new board member orientations
• Provide regular reports and work progress updates to both LIFT and RCC boards
• Act as a liaison with LIFT stakeholder groups, including companies, organizations, neighborhood groups, and elected officials; maintain productive relationships with all of LIFT’s partners and the public
• Prepare RCC’s annual impact report for submission to boards, funders and stakeholders

30% Lead the Economic Development Efforts
• Manage River City Capital’s business retention and expansion efforts
• Generate growth in RCC’s economic development activities and tools
• Conduct visitations, develop relationships and conduct surveys with existing neighborhood businesses in the Community LIFT target markets
• Assist in the creation of merchant/ business associations
• Coordinate technical assistance for borrowers and potential borrowers via consultant programs. Assist with the development and marketing of those programs.

40% Grow and Manage the River City Capital Loan Fund
• Grow the number of financial institutions investing in RCC’s loan fund; maintain and grow investment from existing multi-bank partners and mitigate loan losses
• Develop lending products, packages, policies and procedures
• Assist the Grants Director with grant applications and reporting for RCC funding requests.
• Supervise and assist Business Development Officer with the following:
o Process loans from "concept to repayment" including structuring, underwriting, closing, and troubleshooting, while providing portfolio management and customer billing and repayment
o Coordinate loan closing, initiate loan disbursements and conduct periodic audits of loan files and identify procedural modification
o Organize and oversee meetings of the RCC Loan Committee
o Enter new loans, new borrowers into loan servicing software
o Process borrower payments and tax reporting
o Customer service – borrower calls, inquiries, requests for payoff amounts
o Provide borrower credit information to credit agencies, banks, and other parties as requested
o Follow up with delinquent borrowers when nonperformance may require workouts, term adjustments, foreclosure

10% Evaluate Product Performance and Develop Additional Product Offerings
• Evaluate the potential of new product developments or market opportunities, according to factors such as business plans, technologies or market potential
• Cultivate partnerships and maintain strong relationships with lending institutions, U.S. Department of Treasury/CDFI Fund and any CDFI related entities.

10% Perform other duties as assigned and support the overall goals of the Community LIFT team

Requirements:

Desired Abilities:
• Ability to prioritize duties and work independently, while remaining flexible to changing assignments
• Demonstrated ability to handle multiple tasks simultaneously and meet designated deadlines
• Must be able to maintain the highest level of confidentiality regarding sensitive material from the company and River City Capital borrowers
• Ability to identify feasible options for structuring successful financial deals between the borrower and RCC, while maintaining the RCC principles of credit quality and ethical standards.
• Ability to meet with clients and neighborhood contacts in the evenings and weekends

Desired Competencies:
• Prior experience with underwriting, analysis of financial statements, and loan servicing management required
• Knowledge of accounting practices required
• Proven ability to develop business leads and structure workable deals
• Demonstrated commitment to compliance and reporting processes in order to maintain loan portfolio in keeping with guidelines as outlined by FDIC.
• Thorough knowledge of word processing, spreadsheet, and loan database applications
• Superior analytical and organizational skills required
• Excellent verbal and written communication skills, including ability to adapt communication styles to the audience, inspire confidence and represent Community LIFT and River City Capital within the community.

Education and/or Experience:
• Bachelor’s Degree and 7 years financing experience required. Master’s Degree preferred.
• Demonstrated experience in commercial loan documentation, preparation and review
• Demonstrated experience in relationship building and community engagement
• Experience in commercial lending required; experience in lending to financial and/or non-profit institutions will be an advantage
• Experience in nonprofit or small office environment a plus

Compensation:

Salary range is $60,000 - $73,000 and will be commensurate with the individual’s experience and education. This is a full time, exempt position.

How to Apply:

Interested individuals should submit a letter of interest, three references and resume by Friday, November 2, 2018, to amelia@communitylift.org or mail to Ms. Amelia Crowley, Operations Manager, Community LIFT, 119 S. Court Avenue, Suite 100, Memphis, TN 38103. Please reference the position in the subject line of your email. NO PHONE CALLS OR FAXES. Only those applicants that will be considered for the next step in the hiring process will be contacted.

Cooperative Business Support and Outreach Officer Cooperative Fund of New England
Amherst, MA
Job Function: Business Development
Posted: October 10, 2018

Background:

The Cooperative Fund of New England (CFNE) is a community development loan fund that bridges socially responsible investors and cooperatives, worker-owned businesses, and community oriented nonprofits, in New England (and parts of New York). Since 1975, CFNE has made more than 930 loans to community based groups, created or retained scores of jobs and housing units, and no investor has lost any money.

Position Summary:

CFNE is hiring. We are looking for a multilingual Cooperative Business Support Officer (CBSO) who will manage CFNE’s business support services to its prospective, applicant, and borrowing co-ops as well as create and maintain systems to track and ensure the quality of CFNE and partner provided technical assistance (TA).

Responsibilities:

Technical Assistance includes business planning, loan readiness aid, and project feasibility analysis. The CBSO will also support underwriting and outreach activities, especially to those needing Spanish language service. The new hire will support various in-house projects related to bookkeeping, compliance, and loan servicing.

Requirements:

The position requires bilingual, bi-cultural skills in Spanish and English. The CBSO could work from a home office in southern New England (preferably Worcester, MA or Providence, RI).

Compensation:

Contact us for a job description, describing more detailed responsibilities and requirements.

How to Apply:

Contact dorian@coopfund.coop

Content Developer NCCLF
San Francisco , CA
Job Function: Other
Posted: October 9, 2018

Background:

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

NCCLF promotes diversity and equal opportunity in the workplace and believes it is important for the continuing success of the Fund. In accordance with state and federal law, NCCLF will not discriminate against an employee or applicant due to race, disability, color, creed, religion, sex, age, national origin, ancestry, citizenship, veteran status, gender identity, sexual orientation, weight or height or other protected categories in hiring, promoting, demoting, training, benefits, transfers, layoffs, terminations, recommendations, rates of pay or other forms of compensation. Opportunity is provided to all employees based on qualifications and job performance.

Position Summary:

The Content Developer will be a member of NCCLF’s Development & Communications team which supports our lending, consulting, and strategic initiatives program teams, as well as the administration and operations activities, by ensuring that they are adequately resourced and supported in achieving their communications and marketing goals. Our staff are recognized for their expertise in equitable community development, finance, real estate, and public policy. The department works closely with staff to align their desired outcomes with the most appropriate messaging and platform distribution possible. This is a high-paced and creative department that manages a large institutional giving portfolio, produces events throughout the year, manages individual and institutional investors, oversees a variety of communications platforms, and is deeply committed to excellent planning, strategy, and best practices.

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

Position Summary:
NCCLF has a growing presence in financing equitable community development projects and providing consulting services that address nonprofit real estate and financial needs. Our work ranges from underwriting working capital loans for nonprofits, affordable housing development financing, New Markets Tax Credits work, food equity and access efforts, and other areas. We work with a wide range of entities and within regions throughout Northern and Central California. This position is responsible for working with leadership and staff to thoughtfully develop content for a range of platforms, publications, and presentations.

Hours and Location
Full-time; 40-hours per week
Some nights and weekend work may be required
This position is based in NCCLF’s San Francisco office, with some regional travel required

Responsibilities:

Primary Responsibilities
The Content Developer will work with NCCLF’s Director of Development & Communication and Senior Communications Associate to perform writing and editing assignments as a key member of the Development & Communications team, including writing and editing content for press releases, media alerts, blogs, speeches, Op-Eds, letters to the editor, human interest stories, key messages, talking points and video scripts. The right candidate must grow intimately familiar with NCCLF’s work and help interpret it for various target audiences, including the general public. They will also be required to research and generate content for ncclf.org, spacesforgood.org, cafreshworks.com, cafisheriesfund.org and social media, as well as presentations and info-graphics. They must have the ability to adapt tone and content for various audiences, provide advice on graphic content, help to develop concepts for written materials that may be needed and consult with others to provide guidance on writing priorities.
The Content Developer will work with the Senior Communications Associate on content development for NCCLF’s annual report and other publications, including developing thematic concepts, gathering and coordinating the development of content and working with consultants and vendors supporting the project.
The Content Developer will help manage NCCLF’s Brand Support function to ensure that materials are consistent, convey NCCLF’s brand in a unified way, and comply with brand standards and style guidelines. They may be called upon to research, write and edit internal or external publications, white papers, brochures and other collateral materials. They must have a strong writing style, ability to adapt tone and level of difficulty for various audiences, provide advice on graphic content, help to develop concepts for written materials that may be needed and consult with others to provide guidance on writing priorities.
A much smaller percentage of this position will also work with the Development Associate to support our data needs around communication activities, including some data management and reporting.

Relationships
The Content Developer is a key member of a five-person Development & Communications Department, will work closely with the Senior Communications Associate, and reports to the Director of Development & Communications.

Requirements:

Minimum Requirements
Bachelor Degree
A minimum of 3 years experience in journalism, public relations, marketing, or similar experience
Demonstrated excellent written and verbal communications skills
Ability to create content and meet deadlines in a high-paced environment while managing multiple priorities
Understanding of the wide ranging community development environment in both urban and rural areas of Northern and Central California

Desired Qualifications, Skills & Experience:
Understanding of issues of economic and racial equity in the food industry, affordable housing development, and/or other areas of economic development
Personal and/or professional experience in NCCLF’s region and areas of business

Compensation:

Compensation and Benefits:
Salary is $60k - $70k, plus an excellent benefits package including health, dental, retirement plan and three weeks of vacation.

How to Apply:

To Apply:
Send résumé and cover letter and two writing samples you consider relevant based on the description to:
Northern California Community Loan Fund
Attn: HR
870 Market Street, Suite 677
San Francisco, California 94102

OR
fax to 415-392-8216

OR
email to hr@ncclf.org with “Content Developer” in subject line

Application Deadline: Open Until Filled

New Markets Tax Credit Program Manager CDFI Fund
Washington, DC
Job Function: Investment
Posted: October 9, 2018

Background:

The mission of the CDFI Fund is to promote access to capital and enable locally based organizations to further economic growth and community development in urban and rural low-income communities. The New Market’s Tax Credit Program is designed to attract private investment to businesses in low-income communities or businesses that are owned by, employ, or serve targeted populations by permitting investors to receive a tax credit for making equity investments in Community Development Entities.

Position Summary:

New Markets Tax Credit (NMTC) Program Manager at the CDFI Fund: Announcement Number 18-DO-465-P

Responsibilities:

As the New Markets Tax Credit (NMTC) Program Manager, you will:
Establish, implement and ensure compliance with policies and procedures governing awards, terms and conditions for funding investment, and compliance determinations;
Perform award reviews and provide funding concurrence and/or recommendations for award justifications based on considerations such as quality, consistency and adherence to policies, procedures and applicable OMB and other Federal regulations;
Contribute to the development and implementation of the Fund's strategic plan and performance indicators. This includes setting and communicating organizational goals; establishing operational plans with outcomes and milestones; determining priorities; and monitoring, measuring and reporting on the performance of staff, workgroups and business unit;
Coach, train and supervise Associate Program Managers (APM) and staff in order to ensure consistent, high quality performance and timely responses;
Build internal and external partnerships and coalitions. This includes maintaining collaborative efforts between the Fund and others in order to share knowledge, promote informed decision making, and leverage the resources of the Fund.

Requirements:

Specialized experience for this position includes:
Experience overseeing the work of others in performing financial analysis and evaluation work of the financial and management structure, operations and practices of certified community development finance entities; AND
Experience with the development and execution of policies, procedures and risk plans for implementation of programs related to certified community development finance entities; AND
Experience evaluating program or organizational effectiveness of business processes of certified community development finance entities.

See link to application questions: https://careerconnector.jobs.treas.gov/cc/vacancy/previewVacancyQuestion...

Compensation:

Grade 15: $134,789 to $164,200 per year

How to Apply:

See link for USAJobs website. https://www.usajobs.gov/GetJob/ViewDetails/512546300#how-to-apply

Senior Program Manager CSH
New York, NY
Job Function: Project Management
Posted: October 5, 2018

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 200,000 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 forever;
- 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 facing acute disabilities, complex medical and mental conditions, substance use disorders and economic barriers, 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 Senior Program Manager to work with our Metro Team.

Position Summary:

CSH is seeking an enthusiastic, results-oriented individual who has a passion for the CSH mission and possesses the leadership and management skills necessary to advance our work. You should have project management skills and understand the nature of working with fee-for-service contracts and be able to manage workload and project deliverables within a specific time frame. You will deliver technical assistance through consulting contracts to support our local offices and work in areas where CSH does not have an office presence. Projects focus on engaging systems and communities, aligning resources to create new supportive housing, and ensuring quality services and operations.

CSH is seeking a professional strong in project management, setting priorities and who works well independently within a multi-disciplinary team environment. If you demonstrate these skills and have experience with housing and service models for vulnerable populations, CSH needs you.

Location
Metro Team:
The Metro Team consists of five staff within CSH’s Eastern Region and consists of PA, NJ and NY. Reporting to the Metro Team Director, the Senior Program Manager may work remotely in the region or may work out of our office in Manhattan.

Responsibilities:

• Deliver in-person and virtual technical assistance; trainings and/or webinars on technical aspects of supportive housing, such as financing, operations, and/or service delivery.
• Act as project manager for contracts and/or grants, ensuring clearly defined team roles, on time and on-budget deliverables, and delivery of quality products. CSH expects project managers to foster a work environment based on quality teamwork, mutual accountability, and high quality performance.
• Provide system transformation technical assistance, analysis, and support to healthcare and government partnerships working to coordinate with homeless, criminal justice, family and youth, veterans, and supportive housing providers.
• Establish and maintain high quality relationships and partnerships with key funders, community stakeholders, particularly with staff from city and state agencies, the Continuum of Care, managed care organizations, community-based supportive housing providers and non-profit and for-profit housing developers who are the recipients of CSH technical assistance.
• Participate on and contribute to project teams as assigned. Tasks may include the coordination of and participation in technical assistance visits; drafting reports, policy guidance, fund development, and other documents and resources; and training design, development, delivery, and evaluation – as well as supporting staff engaged in such activities.
• Support budget development and monitoring, working closely with the Metro Team Director and CSH finance team.
• Represent CSH effectively at external events, ensuring CSH’s interests and reputation are maintained.
• Participate in regional planning and operations discussions and activities.
• Frequent travel in the tristate region, as well as occasional national travel as required.
• Perform any other related duties or special projects locally, or in collaboration with regional and national teams as assigned by the supervisor.

Requirements:

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.

• 5+ years of experience working in the field of supportive housing, affordable housing, healthcare, and/or community development.
• Bachelor’s degree; equivalent experience may substitute for education.
• Previous project management experience with demonstrated leadership and organizational skills and the ability to manage project teams, project budgets and deadlines.
• Knowledge and experience in providing technical assistance/consulting services to diverse stakeholders including government, and experience and familiarity with permanent housing and services models for vulnerable populations including chronically homeless.
• Experience with colleagues and external audiences and partners in the areas of public policy, systems change, housing development/operations, and/or the delivery of supportive services.
• Talent to take initiative to implement projects and pursue goals with moderate supervision.
• Strong analytical, interpersonal, presentation and written and verbal communication skills.
• Willing and able to travel at least 20% of the month, although travel schedule will vary based on assignments.

Compensation:

Commensurate with experience

How to Apply:

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=82&S...

CSH is proud that it always has been and always will be an Equal Opportunity Employer.

Chief Executive Officer Kittleman & Associates
Chicago, IL
Job Function: Other
Posted: October 4, 2018

Background:

Metro Community Development (MCD) serves as the housing and community development intermediary in Flint and Genesee County, with a focus on providing technical and financial resources, creating public and private partnerships, and leading to the creation of stable neighborhoods and communities.

Position Summary:

MCD seeks a leader with a strong record of public service and business leadership and a vision of how MCD can continue to solidify its brand and impact on businesses and communities in Flint, and Genesee and surrounding counties. Because of its role as a community development financial institution and affiliate of NeighborWorks, MCD seeks a leader with a professional background in housing or property development, finance, banking, community development, public administration or related fields. He or she must have a deep appreciation for the unique challenges and opportunities in Flint, Genesee and surrounding communities and a commitment to building and supporting the assets of both the community at large as well as community residents at the individual level.

Responsibilities:

The ability to nurture an organizational culture grounded in a shared vision, vibrant in team work, supported by mutual respect and shared ownership, must be demonstrated. This person must have a sensitivity and commitment to the communities of Flint and Genesee County and the ability to model cultural humility along with a deep understanding of diversity for staff, board, and the community. He or she will have demonstrated the ability to lead a culture of high accountability while maintaining a calm demeanor, empathy and compassion. This person must be comfortable and effective in a variety of roles and settings, from negotiation and communication with funders and government officials to interactions with individuals in need of assistance.

Requirements:

MCD seeks a strategic thinker with strong financial acumen. Senior-level executive leadership experience in addressing organizational and service-delivery challenges, using strong analytical skills as well as good professional judgment and decisiveness, must be demonstrated. Vision and experience in creating impactful, market-based programming will be especially valued. The ideal candidate will demonstrate fundraising success through active solicitation of contributions from foundations and corporations and development of a supportive, diverse board of directors. A career history as a dynamic written and oral communicator and proven capabilities to establish and maintain a presence within the funding community are highly desirable.

A bachelor’s degree from a four-year accredited college or university is required; a master’s degree in business, finance, planning or community development is preferred.

Compensation:

Commensurate with experience

How to Apply:

To apply, please send a current resume and letter of introduction to Kittleman & Associates, LLC at https://www.kittlemansearch.com/news/current-searches/metro-community-de...

Construction Loan Administrator Nonprofit Finance Fund
New York, NY
Job Function: Lending/Loan Operations
Posted: September 27, 2018

Background:

What We Do:

NFF works toward a more just and vibrant society through:

Financing that invests in missions. Our customized financing strengthens hardworking nonprofits and social enterprises.

Consulting that empowers leaders. Our experts equip you to make financial decisions that best serve your mission.

Partnering on big problems. Service providers, funders, and investors turn to us for new ways to collaboratively support stronger, fairer communities.

Learning that helps illuminate paths to solving complex social issues. Sharing experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis – makes it easier.

Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing that empower leaders, organizations, and ideas. A leading Community Development Financial Institution (CDFI), NFF currently manages over $315 million. Since 1980, we have provided almost $700 million in financing and access to additional capital in support of over $2.3 billion in projects for thousands of organizations nationwide.

Position Summary:

The Financial Services team is seeking a Construction Loan Administrator. As a member of a close-working team of professionals dedicated to sourcing, underwriting, closing, and managing a portfolio of loans and New Markets Tax Credit investments to nonprofit organizations and social enterprises, primarily in the health, education, and human services sectors, the Construction Loan Administrator will be responsible for overseeing NFF’s national construction financing portfolio. The Construction Loan Administrator will direct all facets of construction loan and project review, including construction due diligence review, disbursement, and monitoring, commencing at loan origination and underwriting, and continuing through construction completion and loan repayment or conversion. The Construction Loan Administrator shall adhere to underwriting and portfolio management guidelines and processes, credit policies, and loan approval conditions, and implement and practice sound construction loan disbursement and risk mitigation strategies in order to prevent construction loan defaults and construction delays and overruns. The role requires strong technical knowledge of construction projects and facility financing, creative problem solving, and relationship and partnership development to succeed in mitigating construction risk at loan origination and maintaining the quality of the construction loan portfolio.

This is a national position to be located in one of NFF's five offices located in New York, Philadelphia, Boston, Oakland or Los Angeles. This position reports to the Director, Portfolio Management and receives general supervision from the Director, Portfolio Management and Vice President & Chief Credit Officer.

Responsibilities:

Pre-Closing Due Diligence and Project Analysis:
Review and comment on project budgets, construction and architect contracts, project team qualifications (including architect, general contractor and owner’s representative licenses, credentials and capacity), property surveys, leases, purchase and sale agreements and other due diligence items to ensure the adequacy of the pre-closing construction risk analysis.
Order and review third party reports, including plan and cost reviews and environmental reports, and discuss any pertinent issues with the appropriate parties.
Work with Underwriters and Business Development staff to identify and mitigate construction-related risks, and discuss concerns with and propose solutions with borrowers, partner lenders, internal risk managers, and other parties.
Construction Loan Closing Review:
Work with In-House Counsel, Underwriters and Portfolio Managers to review, negotiate and approve relevant construction loan documentation to ensure adherence with underwriting guidelines, credit policies and credit approval conditions, such as loan agreements, disbursement agreements, contractor and architect assignments and consents, escrow instructions, closing draw documentation, title insurance commitments, payment and performance bonds and insurance.
Track and collect project-related post-closing construction deliverables.
Post-Closing Construction Management:
Collect and carefully analyze all construction-related documentation on active construction projects, including budgets, sources and uses, requisitions, change order logs, AIA forms, lien waivers, soft cost invoices, title documentation, site inspection reports, and other documents required under the loan documents, and maintain appropriate electronic files.
Review draw requests, change order approval requests, and budget reallocation requests for completeness, accuracy and compliance with the loan documents and funding budgets.
Create and maintain individual construction loan spreadsheets with approved budgets, funding criteria, loan allocations, draws and requisitions, interest reserves, and construction timelines for all projects.
During construction, monitor insurance coverage, real estate tax payments and absence of liens to ensure clean title, sufficiency of funds, project completion and issuance of certificates of completion and occupancy.
Coordinate the timely funding of construction loan advances, including loan participations.
Work with Portfolio Managers to review draw period and conversion date extensions, exceptions, and other construction-related borrower requests in accordance with NFF’s credit policies and risk management guidelines.
Identify critical risks, deficiencies and project setbacks, and work with Portfolio Managers to communicate with borrowers, project managers, engineers/inspectors, partner lenders, and other parties to address any concerns and resolve issues.
Regularly interact with Portfolio Managers on construction loan status, and report to the Director, Portfolio Management and Vice President & Chief Credit Officer on pertinent construction loan risks and portfolio performance.
Risk Management – Recommend, design and implement workflow, process and system improvements to appropriately monitor and mitigate construction-related risks on individual loans and on a portfolio basis, while increasing the team’s efficiency. Develop and implement internal policies and guidelines on construction lending.
Communication – Communicate with clients, project managers, contractors, engineers/third party vendors, and partner lenders on construction-related matters. Communicate and coordinate with Portfolio Managers, Underwriters, Business Development and other team members on the construction loan and portfolio performance and new business opportunities.
Relationship Management and Technical Assistance – Working closely with Business Development, Underwriters and Portfolio Managers, communicate with clients to evaluate their construction plan, budget, financing, team, and progress. Develop appropriate solutions which meet client needs and protect NFF’s capital.
Training – Serve as a resource to NFF staff and provide training on construction loan policies, procedures, standards, administration and best practices.
Internal and External Relations – Maintain a culture of quality customer service at all points of contact with clients, colleagues, board and committee members, and other partners.
Reporting – Assist the Director of Portfolio Management in the collection and analysis of construction loan portfolio data for internal and external reporting.
Other Duties – Supports and contributes to a diverse range of Financial Service projects and initiatives.

Requirements:

Bachelor’s degree or equivalent experience required.
At least five years of direct commercial real estate loan closing, portfolio management and construction loan administration at a financial institution, such as a commercial bank or CDFI, or at least five years of direct construction project management and monitoring at a construction or engineering firm.
Strong technical expertise in construction projects and facility financing.
Excellent written and oral communications and interpersonal skills.
Strong project management, time-management, multi-tasking and organizational abilities.
Self-starter with the ability to work with limited supervision as well as collaborate with a close-knit group.
Ability to take initiative and focus on results.
Proficiency with Microsoft Office applications, including Word, Excel and PowerPoint.
Travel to local and out-of-state project sites to conduct site visits and attend construction inspections and meetings.

Specialized Knowledge/Beneficial Skills and Experience:

Understanding of the New Markets Tax Credit program.
Experience with Salesforce.
An openness to learning new skills and systems, with an entrepreneurial work ethic.
Demonstrated commitment to the nonprofit community.
Flexibility, creativity, and patience, with imagination, enthusiasm and a sense of humor.

Compensation:

All salaries are commensurate with experience and include an attractive benefits package.

How to Apply:

Apply here: https://nonprofitfinancefund.applytojob.com/apply/Ps7usr0VtR/Constructio...

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