Rainier Valley Community Development Fund is a Community Development Financial Institution (CDFI) with loan products designed to meet the needs of small businesses owned by people of color and nonprofit organizations serving Rainier Valley. Guided by its mission to preserve and strengthen cultural diversity, long-term livability, and economic opportunity throughout southeast Seattle, it provides lending capital to entrepreneurs and nonprofit developers that enhance the quality of life in the community.
Since 2006, RVCDF has invested in over 164 loans totaling $67.4 million to business owners and nonprofit institutions in the Rainier Valley community, supporting small business owners who generally are not served by traditional banks. By providing access to credit, business owners in South Seattle can retain and grow local jobs, provide goods and services to serve the local needs, and contribute to economic growth within the community. Whether loans are used to purchase equipment, acquire a commercial building for a business, to buy or expand your business or add working capital, RVCDF will work with community businesses or local nonprofits and community service organizations to customize a lending solution that best supports your vision.
The organization provides both real estate and small business loans to small neighborhood business owners, with an emphasis on reaching those generally not served by traditional banks, affordable housing providers, community facilities, and real estate investors.
RVCDF is a certified community development financial institution (CDFI) and is currently pursuing new funding sources for community development loans. In 2019, RVCDF adopted a 5-year strategic plan that comes at an exciting time. The organization has successfully deployed all the original funds provided by the City of Seattle and Sound Transit. As the real estate and small business loans made possible by those funds have been repaid, RVCDF continues to “revolve” those funds back into the community by making new loans. RVCDF has used the interest payments from these loans to become a self-sustaining organization, and since 2016 no longer relies on supplemental grants for operations.
The successful candidate will report to the Executive Director and support him in managing the loan portfolio. The senior loan officer is primarily responsible for the origination loans and managing relationships with business owners and nonprofits in RVCDF’s market area. The senior loan officer is responsible for growing the loan portfolio and lending staff as well as meeting the lending goals of the strategic plan. Small business loans starting at from $50,000 to $250,000, real estate loans are up to $5,000,000. The Senior Loan Officer reports to the Executive director.
• Act as a fund advocate, providing guidance and appropriate referrals to the organization,
• Communicate and coordinate with local organizations around community and volunteer efforts,
• Build relationships/partnerships with community organizations; serve as community liaison,
• Active engagement in task forces and professional associations and conferences, as aligns with fund priorities,
• Maintain constructive and positive working relationships with applicants, borrowers/beneficiaries, and the community,
• Support fund recruitment efforts as assigned/needed,
• Work in partnership with Executive Director to develop relationships with external funding partners,
• Support Executive Director in oversight and execution of strategic plan,
• Coordinate workflow between Senior Loan Officer and Loan officer,
• Provide high level of service to lenders and RVDCF staff, while maintaining accurate and complete loan documentation on all financial products underwritten and approved work with borrowers to negotiate past-due collections, workouts, and default situations,
• Perform all loan officer duties:
o Review applications and financial data from prospective borrowers/beneficiaries,
o Follow up with applicants, conduct site visits, secure necessary data to perform sound loan review,
o Prepare written reviews including financial analyses and present screened applications to loan committee,
o Negotiate credit or payment structure and issue commitment letter; prepare and execute credit and/or payment documents, file necessary legal documents,
o Maintain accurate and complete files on all financial products underwritten and approved,
o Monitor portfolio, communicating directly with borrowers/beneficiaries as appropriate,
o Ensure compliance with general commercial banking and regulatory policies and procedures,
o Ensure compliance with state and federal laws governing responsibility area of lending,
o Collect interim and annual financial statements in accordance with loan terms and prepare brief spreadsheet analyses.
Ideal candidates for this position will be passionate about RVCDF’s mission and will have a strong background in credit and loan origination, including:
• A Bachelor’s degree in finance, public, non-profit, or business management. Educational qualifications may be waived depending on work history
• A demonstrated commitment to public service.
• Five to seven years’ experience in business, housing, and or real estate lending. Preferably to small business and nonprofit organizations.
• Experience and/or expertise in managing a lending program, ideally including some combination of experience with small business lending, housing and or real estate lending, and including:
o Credit review and analysis
o Loan origination
• Compliance with general commercial banking and regulatory policies and procedures
• Experience working and engaging with a diverse staff and Board of Directors to collaboratively implement RVCDF's mission and strategic plan.
• Demonstrated experience with cross-cultural competency to work with diverse community members and stakeholders, including experience and understanding of how community members and leaders from different cultures in Rainier Valley speak, communicate, and perceive the world around them.
• Excellent communication skills at all levels, with staff, board, and community stakeholders.
• Software skills
Must be able to:
• pass criminal background check and agree to a credit check.
$100,000 to $125,000 DOE.
Benefits include 100% of medical, dental and vision premiums for the employee plus 50% of premiums for dependents, plus life and disability insurance, flexible spending account, and employer-matched contributions toward a 403(b)-retirement plan that begins one year after hiring date.
How to Apply:
To apply, interested candidates should e-mail their cover letter and resume to:
E-mail applications with a cover letter are required.
The position is open until filled
Silicon Valley Community Foundation advances innovative philanthropic solutions to challenging problems. As the largest community foundation in the world, we engage donors and corporations from Silicon Valley, across the country and around the globe to make our region and world better for all. Our passion for helping people and organizations achieve their philanthropic dreams has created a global philanthropic enterprise committed to the belief that possibilities start here. Learn more at siliconvalleycf.org.
ABOUT THE OPPORTUNITY
This is a full-time exempt level position in Mountain View, California.
Like many employers, SVCF has pivoted to a mostly remote workforce during the pandemic. However, once there is a return to office, the expectation is that staff will be based out of our headquarters in Mountain View, California.
Reporting to the Senior Officer, Investments, the Senior Associate is responsible for supporting due diligence, operations, administration and reporting for Silicon Valley Community Foundation’s investment portfolio of both externally managed accounts and direct investments.
DUTIES AND RESPONSIBILITIES
- Complete due diligence on investment funds, managers and advisors and present recommendations for approval.
- Monitor investment portfolios for performance and compliance with stated policies.
- Create regular and ad-hoc reporting for internal and external audiences, which includes both seasoned professionals and laypeople.
- Establish, liaise and maintain relationships and communication with external investment advisors to provide portfolio updates, performance reviews and monitor liquidity needs, while holding advisors accountable for performance and policy compliance.
- Review and facilitate transactions with external investment advisors, custodians and fund managers. Coordinate and report transactions with internal accounting, donor engagement and legal departments.
- Support internal staff to assist donors in reviewing/selecting investment(s) amongst provided options and/or understanding investment performance.
- Support internal staff and donors to oversee efficient legal transfer of assets to SVCF, particularly for gifts of complex gifts (e.g., direct investments) and subsequent sales.
- Evaluate financial institutions such as banks, credit unions and CDFI loan funds for financial stability and social or environmental impact.
- Work closely with internal team and external consultants to source, diligence and execute impact investments, specifically those in Silicon Valley or the broader Bay Area region.
- Coordinate investment committee meeting planning, and preparation of agendas and docket material.
- Contribute to annual audit, internal control and tax filing deliverables. Produce assigned items, respond to auditor testing inquiries and structure workflows and data collection with deliverables in mind.
- Other related duties as assigned.
The ideal candidate possesses:
- Knowledge of capital markets, business, finance, banking, and impact investing.
- Knowledge of investment vehicles in both public and private markets, portfolio construction and risk management.
- Experience working with either an institutional asset owner such as a foundation, endowment or family office; or investment firm such as registered investment advisor, venture capital or private equity firms; or impact investment.
QUALIFICATIONS AND SKILLSETS
- Bachelor’s degree required; graduate degree in finance, economics or business, or equivalent professional designation preferred (CFA, CFP, CAIA).
- 4+ years relevant professional experience.
- A strong understanding of capital markets, portfolio management and impact investing
- Commitment to social justice and community impact.
- Excellent organizational, management and communication skills (both written and oral).
- Very strong verbal and interpersonal skills.
- Commitment to quality, results and superior performance.
- Team player and problem solver with the ability to jump into new opportunities or challenges with a positive mindset and creative thinking.
- Collaborative work style; able to facilitate amongst diverse communities and individuals; able to resolve conflict when key stakeholders have differing points of view.
- Excellent financial analysis, writing, editing and speaking skills.
- Strength in managing multiple, complex priorities often with tight deadlines.
- Ability to approach situations and challenges with a sense of humor.
- Keen interest in philanthropy and the non-profit community.
How to Apply:
To view the full job posting and apply, please click here.
Global Partnerships (GP) is an impact-first investment fund manager dedicated to expanding opportunity for people living in poverty. GP and its affiliated funds deploy capital to social enterprises that deliver market-based products and services that empower people to earn a living and improve their lives.
POSITION Administrative Assistant, Finance & Operations Team
LOCATION Seattle, WA
Global Partnerships (GP) is an impact-first investor dedicated to expanding opportunity for people living in poverty. Impact-first investing means investing in a way that seeks the greatest possible social impact, while seeking to preserve capital with a modest financial return for investors. GP believes that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.
GP creates and manages impact-first investment funds that make loans and early-stage investments in social enterprises serving people living in poverty in less developed countries, primarily in Latin America and Africa. The GP team is comprised of mission-driven, dedicated, high-performing colleagues working primarily from offices in Seattle, Washington, Bogotá, Colombia, and Nairobi, Kenya. To learn more about Global Partnerships, please visit our website at www.globalpartnerships.org.
ROLE AND RESPONSIBILITIES
The Administrative Assistant will provide critical administrative support to the Global Partnerships (GP) Seattle headquarters, GP's offices in Bogotá and Nairobi, and the GP Executive Team. The ideal candidate will be an experienced, proactive, and independent administrative and office assistant who assumes personal ownership on a day-to-day basis for the organization. The person will exemplify GP's commitment to mission, respect, collaboration, and excellence.
The Administrative Assistant will be responsible for the day-to-day functioning of the Seattle office and for supporting the Finance and Operations team as well as supporting GP executives, particularly the CEO. Reporting to the Chief Operating Officer, the Administrative Assistant will be based at GP's global headquarters in Seattle, Washington. Hours are defined as in-office 8:30 a.m. - 5:00 p.m. Monday-Friday, however this may be adjusted occasionally based on daily projects.
This role will be responsible for the following:
• Act as liaison between Leadership, Finance & Operations, Capital & Impact, and Social Investment teams
• Perform and maintain daily opening and closing office procedures
• Maintain the appearance and cleanliness of the kitchen, conference rooms, and front desk/personal workspace
• Proactively provide administrative support to the CEO and executive team, including calendaring, travel, expense reporting and meeting support
• Provide critical daily office support including answering and prioritizing telephone calls and responding to email and mail communications
• Organize office events that support teamwork and help cultivate a positive work environment
• Provide all phone- and printer-related training and support
• Ensure office supplies are ordered and maintained
• Proactively manage scheduling for all Board governance activities including Board and Committee meetings and Board retreats
• Handle confidential and sensitive information appropriately, including compiling Board and Committee meeting materials, maintaining corporate minutes and records, and processing financial information
• Independently manage special/administrative projects in dynamic, fast-paced environment with GP's executive team and the Board of Directors
• Coordinate teleconferences, workshops, meetings, and other events including equipment needs, catering, travel arrangements, hotel, transportation, and other necessary details for staff and guests
• Compile and process expense and credit card reports for all staff monthly
• Support Accounting & Compliance Officer with accounts payable processing for all GP offices and with other accounting responsibilities as needed
• Human Resource related support which includes managing employee timesheets, supporting the recruiting and onboarding process of new employees, and performing other ad hoc requests
• Provide other administrative support for occasional projects as needed
• Exceptional organizational skills and composure needed to work within a fast-paced work environment, including proven ability to prioritize competing demands effectively and adapt easily and quickly to changing priorities
• Demonstrated ability to collaborate within and across teams and across cultures
• Strong analytical and strategic thinking skills
• Excellent oral and written communication skills; capable of highly professional engagement with colleagues, Board members, donors and partners
• Self-motivated work ethic, proactive; able to see tasks through to completion independently
• Solid attention to accuracy, detail, and deadlines
• Strong interpersonal skills and diplomacy coupled with sound judgment and problem-solving capabilities
• Proven experience to handle confidential matters with professionalism and discretion
• Embodies GP's values: Dedicated, Strategic, Collaborative, Aspirational Learner, and Excellence
• Has a passion for GP's mission to expand opportunity for people living in poverty
• Minimum 2 years' experience providing administrative and office support to senior executives in a professional environment
• Excellent written and verbal communication skills
• Proficiency with Microsoft Office suite required
• Ability to reside and work legally in the United States for Global Partnerships (without GP sponsorship) required
• Bachelor's degree preferred
• Spanish and/or French language skills desired
• Experience using NetSuite desired
How to Apply:
What We Do
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.
Strategies We Pursue
Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities.
Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities.
Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places.
Develop leadership and the capacity of partners to advance our work together
Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being.
Over the last 40 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 35 markets with offices extending from Buffalo to San Francisco. Visit us at www.lisc.org
A core function of LISC is its operation as a loan fund. LISC provides various loan products to a wide array of project types. All loans are subject to oversight by LISC’s Lending Department. In 2020, LISC closed $180 million of new loan commitments, and the outstanding loan portfolio at year-end was $490 million. LISC is looking to grow its lending volume in the years ahead.
LISC is seeking to fill a National Housing/Commercial Underwriter in the organization’s Lending Department. The National Underwriter will provide technical assistance, and in some instances direct underwriting support, to local Program Officers in the field and serve as primary underwriter for a set of national and regional borrowers that operate in multiple LISC markets. The Housing/Commercial Underwriter will have deep knowledge of public and private resources available to leverage LISC’s investment and will provide support to strategically deploy LISC’s full array of financing products, including loan products, lines of credit, and tax credit equity, working alongside LISC affiliate National Equity Fund, Inc. (NEF). The Housing Underwriter will report to the Senior Vice President of Lending.
•Screen, structure and underwrite financing requests, including analyzing operating performance, historical and projected financial performance, management capacity, organizational structure, and project feasibility for affordable housing projects.
•Provide support to local LISC staff on project-specific analysis, deal structuring assistance and underwriting for affordable multifamily rental housing transactions and single-family for-sale and rental transactions.
•Collaborate with internal and external parties (banks, co-lenders, attorneys, etc.) to structure financings including managing intercreditor negotiations; reviewing real estate contracts, leases and due diligence; and identifying and negotiating key risk mitigants including reserves, guarantees and other forms of credit enhancement.
•Present loan recommendations to LISC’s Credit Committee and the Board of Directors, as necessary, and manage the closing process with in-house and external counsel.
•Provide technical assistance to internal LISC staff on project planning, development models and financing options.
•Coordinate internal and external relationships that are critical to growth of the housing lending portfolio including relationships with LISC Housing and LISC Policy staff and other national and local staff, originators of Low Income Housing Tax Credit transactions via LISC affiliate NEF, financial institutions and other program partners.
•Work with LISC management and LISC Housing to develop strategic collaborations with public sector agencies at the local, state, and federal levels that leverage LISC’s capabilities and national platform.
•Performs additional duties, as required.
•Bachelor’s degree from an accredited college or university in business, finance, real estate or related fields. Master’s degree preferred.
•Minimum 7 years of professional experience in housing and community development and/or multifamily real estate development is preferred, including project financing, market analysis, deal structuring, and financial analysis.
•Demonstrated ability to manage multiple, complex transactions at various stages and coordinate with multiple internal and external parties to meet approval and closing deadlines.
•Deep knowledge of financing products such as predevelopment, acquisition, construction, bridge and permanent loans; lines of credit; and tax credit equity.
•Strong understanding of and experience with community development financial models, including but not limited to low income housing tax credit investments, new markets mixed use tax credit investments, tax-exempt bonds and federal, state and city subsidy programs, including HUD programs.
•Strong verbal and written communication skills
LISC offers a competitive salary and excellent benefits.
How to Apply:
Submit cover letter and resume to firstname.lastname@example.org. No phone calls please.
Please include “Senior Program Officer - Field Excellence” in the subject line of your email.
LISC IS AN EQUAL OPPORTUNITY EMPLOYER
COMMITTED TO DIVERSITY, EQUITY, INCLUSION, AND JUSTICE
ABOUT INCLUSIVE PROSPERITY CAPITAL, INC. (IPC)
IPC is a not-for-profit investment fund thriving at the intersection of clean energy finance and community development. Our team is focused on connecting investment capital with mission-aligned organizations, clean energy projects, and community initiatives in traditionally underserved markets. IPC makes direct investments and places 3rd party capital across all tranches of the capital stack (Debt, Equity and Tax Equity), utilizing a variety of financing and ownership structures and supporting a wide array of clean energy technologies, from distributed solar and energy efficiency to utility-scale
infrastructure installations. IPC is unique in its ability to capitalize products and structures, at scale, that deliver both value creation to underlying customers/offtakers and market rate risk-adjusted returns to investors, all coupled with positive economic, environmental, and social impact. We believe everyone should have access to the benefits of clean energy. We can change the conversation in underinvested neighborhoods and markets, helping to deliver Inclusive Prosperity. For more information about IPC, please visit us at: https://www.inclusiveprosperitycapital.org/
The New York City Energy Efficiency Corporation (NYCEEC) is a non-profit specialty financier of projects that save energy and reduce greenhouse gases. NYCEEC’s team is passionate about its mission to deliver financing solutions and advance markets for energy efficiency and clean energy in buildings. We do this through the financing of clean energy projects in New York City and the surrounding region as well as through our programmatic work focused on (1) partnering with government entities, other nongovernmental organizations, and private sector lenders, and (2) advancing the field of clean energy finance more broadly. For more information: www.nyceec.com.
ABOUT THE OPPORTUNITY
Inclusive Prosperity Capital, Inc. (IPC) is seeking a Consultant to perform the role of Program Director for a pilot Community-Based Accelerator project that will support implementation of clean energy and resiliency in Buffalo’s community and multifamily buildings, known as the “Buffalo Accelerator.”
The Consultant will lead the development and implementation of the Accelerator, which involves designing and launching an integrated approach to implementation of energy efficiency, solar, and
resiliency upgrades in underserved communities in Buffalo, NY. The program is focused on community buildings, including houses of worship, and multifamily housing. This program will integrate proven financing solutions with a successful, previously established platform that includes outreach and education for owners; technical assistance; peer-to-peer knowledge sharing; and community
The overarching goal of the Accelerator is to launch a replicable, equity-focused city-level accelerator model that delivers resilient clean energy to marginalized communities by partnering with community based organizations, supporting existing initiatives, and by filling resource gaps where needed. The Accelerator will be jointly led by IPC and the New York City Energy Efficiency Corporation (NYCEEC) with support of the Founding Program Partners, which include: LISC Western NY, PUSH Buffalo, Erie County Government, NYSERDA, and Kinetic Communities Consulting. This group will be expanded as the program is built out.
The Accelerator is jointly led by the Founding Partners, IPC and NYCEEC.
The position will be hired on a contract basis by IPC and report to IPC’s Director of Strategic Initiatives, while remaining coordinated with NYCEEC; The position is structured as a two-year contract and is funded through a grant from the Leon Lowenstein Foundation; The position will begin as a part-time role, with the intention that this becomes a full-time once additional funding is secured. Some evening and weekend work will be required to cultivate partnerships via community events/ programs; The position is based in Buffalo, NY with the ability to telecommute and work in person
Lead development and implementation of the Accelerator, with guidance from the Founding Partners and other key stakeholders. Functions include but are not limited to: refining the program implementation plan, prioritizing program activities, development of marketing and outreach strategies, coordination oversight of immediate implementation opportunities, and development of owner and program technical assistance resources; Develop and cultivate partnerships with key community organizations, energy implementation contractors, financiers, and policy makers; Manage key stakeholder groups, including the convening of an Advisory Council and Peer to Peer Network on a monthly basis; Manage subcontracts for consultant services; Work with the Founding Partners to manage current grant funding (metrics and reporting) and secure additional program funding
A demonstrated commitment to the transition to a clean energy economy; Familiarity with Buffalo, NY and Erie County including key organizations and stakeholders is required; Minimum of [eight] years of relevant professional work experience required (e.g., housing and community development, urban planning, green building, community organizing, business, finance, economics, nonprofit management, public policy or communications)
Program development and management; Demonstrated ability to develop and lead strategic partnerships with multiple organizations; Familiarity with Buffalo markets, especially multifamily housing and faith-based sectors. Existing relationships a plus.; Exceptional communication skills including the ability to communicate effectively, tactfully, and courteously through oral and written communications; Strong writing skills; proven ability to effectively interpret and synthesize a variety of inputs from different stakeholders into compelling written materials; Familiarity with the Microsoft 365 suite of programs. Familiarity with Salesforce a plus. (This will be provided along with a computer.); Ability to thrive in a constantly-evolving environment, and to work independently as well as collaboratively, navigating a variety of working styles and personality types; Passion and knowledge about development of interventions at the intersections of clean energy, sustainability, housing and community development, and equity; Understanding of community energy program development, marketing, and implementation; Experience with grant administration a strong plus.
A budget of $100,000 has been allocated for this role, with contracted scope of work to be complete by December 31, 2022. Hourly billing against a work scope and milestones will be negotiated. This is a
contract position and does not offer benefits. The budget and duration may be increased once additional funding is secured.
How to Apply:
To apply for this opportunity, please email a cover letter describing how you envision approaching this role, why you are well suited, and your resume to email@example.com with “Program Director,
Buffalo Accelerator” in the subject line.
Opportunity Alabama is a 501(c)(3) organization that serves as an equitable economic development engine and one-stop shop for Alabama’s Opportunity Zones (158 designated Census tracts distributed across all 67 of Alabama’s counties). Opportunity Alabama exists to provide technical assistance and access to capital for communities, projects, and investors who believe in creating a better Alabama.
Opportunity Alabama (OPAL) and the Economic Development Partnership of Alabama (EDPA) are partnering to hire a Manager of Grant Writing to help us (1) better serve our low-income communities that need grant writing support and (2) pursue opportunities to expand our programming. Our focus will be pursuing grants that support community-led economic development efforts and new initiatives that come out of our award-winning Rural Recovery Accelerator program.
Key responsibilities include:
Writing various federal, foundation, and other grants for OPAL, EDPA, and our network of partner organizations, which primarily consist of place-based organizations focused on economic development.
Researching and maintaining a database of federal, foundation, and other available grant opportunities that fit the needs of our partner organizations.
Partnering with and being the primary liaison to other groups across Alabama that provide grant support for communities (e.g., councils of governments, city/county associations, regional planning commissions, etc.).
Building and managing a network of university faculty and students to assist with grant researching and grant writing.
Identifying and accessing community-oriented data to supplement grant proposals.
Providing limited grant administration and support services for OPAL, EDPA, and our partner organizations on an as-needed basis.
Helping with organizational / administrative tasks on an as-needed basis.
Critical Attributes – we’re looking for someone who:
Has excellent writing ability, both general and technical. Prior grant writing experience is preferred, but not required.
Has a strong background in, and passion for, local economic development within Alabama.
Is a problem solver who doesn’t wait to be “told what to do.”
Is highly organized, with strong time and project management skills.
Takes direction and is willing to be a team player.
Cares deeply about leaving the world a better place than they found it – and is willing to work hard to make that happen.
Salary – $35,000-$50,000 commensurate upon experience
How to Apply:
If you are interested, please send an updated resume, a cover letter explaining your interest in the position, and a writing sample to firstname.lastname@example.org. We are looking to fill this position during Q3 of 2021.
Ecotrust Community Development Entity (CDE) actively manages Ecotrust’s New Markets Tax Credit (NMTC) program and portfolio. Since its inception in 2004, Ecotrust CDE has received and deployed $277 million in NMTC allocation, and invested in 31 qualified low-income community businesses, 16 of which are ongoing projects administered by Ecotrust CDE. Ecotrust CDE focuses its investments on non-metro projects, with a deep commitment to businesses that are owned by and serve Black, Indigenous, and People of Color (BIPOC). Ecotrust has a strong track record of working with Native Communities, and aspires to expand this work as well as projects with other BIPOC communities. The CDE has predominantly focused on operating businesses in the rural Western United States. Ecotrust CDE generates financial returns to support Ecotrust’s work as well as deploys tax credits into community development projects to further Ecotrust’s non-profit mission.
Beyond its NMTC work, Ecotrust CDE seeks opportunities to creatively use investment capital to advance Ecotrust’s work in equity, the environment, and the economy. The CDE predominantly invests in businesses in the food system, fisheries, forestry, and green building sectors, with a priority for providing impact for BIPOC communities.
The Ecotrust CDE Director will oversee all aspects of deal sourcing, allocation deployment, portfolio management, compliance, impact reporting, and unwinds of Ecotrust CDE’s New Markets Tax Credits (NMTC) portfolio and will lead annual NMTC application writing. The CDE Director will manage Ecotrust CDE’s Asset and Compliance Manager and the CDE’s consultants (who provide legal, accounting, operations, and application support), and collaborate closely with Ecotrust’s Chief Impact Officer, finance & accounting team, program staff (who have subject matter expertise in the CDE’s target sectors), and Ecotrust’s Measurement & Evaluation (M&E) team. The CDE Director will report to the President of Ecotrust CDE.
This is a full-time position, with a flexible work schedule. The position can be fully remote, but requires travel to project sites and industry events across the West Coast. Ecotrust CDE offers a competitive salary and benefits program. Our work environment is fast-paced and supportive, and our workflow relies on staff flexibility and adaptability.
-Manage Ecotrust CDE’s NMTC program including managing existing portfolio loans, identifying and underwriting prospective projects, and leading annual application.
-Develop the CDE’s strategy with support from the CDE President, Ecotrust’s Chief Impact Officer (CIO), CDE Advisory Board, and other stakeholders.
-Oversee the NMTC financing deal cycle, from term sheet through closing to exit; coordinate underwriting, approvals and closings with staff, advisors, and consultants.
-Collaborate with finance team, Measurement & Evaluations (M&E) team, and NMTC Compliance and Asset Manager to ensure project and program compliance.
-Supervise Ecotrust CDE Asset and Compliance Manager.
-Manage relationships with external partners, including investors, consultants, project / QALICB sponsors, and other CDEs.
-Implement Ecotrust ‘3E Impact Framework and Scorecard’ across the CDE portfolio in partnership with Ecotrust CIO.
-Create, monitor, and dynamically adapt the CDE budget, including incorporating new project plans, timelines and staffing needs.
-8+ years of experience with NMTC projects and community development finance, including direct experience leading underwriting, structuring, and supporting all aspects of complex NMTC projects and their qualified active low income community business (QALICB) sponsors.
-Have a personal and professional commitment to advancing racial equity, with experience centering racial equity when analyzing projects and formulating budgets.
-Be detail oriented and highly organized.
-Have a demonstrated ability to prioritize and complete deliverables on-time, including during fast-paced deal closings.
-Ability to balance day-to-day operations with an overarching strategic perspective that enables the achievement of long-term goals and objectives.
-Have deep technical and NMTC subject matter expertise, including working knowledge of NMTC project mechanics and documents, such as capital flow, structure, projections, legal documents, and reports.
-Ability to clearly communicate complex information to partners, staff, and advisors (both written and verbal). Direct experience leading the writing and editing of a NMTC application is a must.
-3+ years of supervisory experience, including the ability to provide development coaching.
-Proficiency in Microsoft Word, Excel, and PowerPoint.
-Extensive professional regional and national network of NMTC industry professionals, including investors, other CDEs, and consultants.
$90,000 - $115,000 (may be adjusted for locality)
How to Apply:
Please use this link to apply: https://ecotrust.applytojob.com/apply/6aTuCznzIT/Director-Ecotrust-Commu...
Please limit your cover letter to 1-page maximum. Your cover letter should clearly explain how your skills, experience, and interests fit this position.
New Jersey Community Capital (NJCC) is a community development financial institution with a mission to create thriving communities through strategic investments and knowledge. Fulfilling the needs and improving the quality of life of thousands of individuals and families would not be possible without our talented staff and motivating environment. NJCC embraces diversity and equal opportunity in a serious way. We are dedicated to forming a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.
The NMTC Coordinator will be responsible for all activities taking place after a New Markets Tax Credit loan closes, managing a substantial portfolio of loans/projects. The NMTC Portfolio Coordinator will be involved with a project before loan closing, in particular when the Lending team discusses and negotiates topics relevant to post-closing activities. After closing, the project responsibility shifts to the NMTC Portfolio Coordinator.
• Perform Governing Board and Advisory Board reporting requirements.
• Perform NMTC compliance tests.
• Manage project-level reporting, review information, and compile for NJCC’s ongoing reporting obligations, as well as annual reporting to the CDFI Fund.
• Review of borrower financial statements.
• Conduct annual project site visits.
• Perform investor reporting activities.
• Serve as liaison for borrowers, lenders, and investors by responding, resolving, and expediting inquiries, discrepancies, and special requests.
• Perform cash management activities, such as invoice preparation, monitoring of incoming payments, and processing of outgoing payments and distributions.
• Monitor subsidiary community development entity (sub-CDE) activities and support preparation of annual audited financial statements.
• At least 3 years of experience in business, finance, or commercial loan operations.
• Familiarity with basic accounting principles and proficiency in analyzing financial statements of for-profit and nonprofit organizations and their real estate operations.
• Basic familiarity with business law concepts including contracts, loan collateral, uniform commercial code, creditors' rights, and sufficient knowledge to review and negotiate loan documents.
• Demonstrated knowledge of the New Markets Tax Credit program and Community Development Financial Institutions.
• Demonstrated customer service experience.
• Self-motivated team player with excellent multi-tasking skills, excellent follow-up skills and strong attention to detail.
• Bachelor’s degree required, graduate degree preferred.
We offer a competitive nonprofit annual salary based on experience and skills ($45K-$50K), as well as a generous benefits package, including health, dental, disability and life insurance after 30 days of service; 401(k) retirement plan after a year of service; flexible spending accounts, including medical, dependent care, and transportation; and 25 paid leave days, including sick and personal days plus 13 paid holidays.
How to Apply:
If this exciting opportunity appeals to you, please email your résumé to email@example.com and include “NMTC Portfolio Coordinator – Your Name” in the email subject line.
8AM - 5PM
$55,000 - $95,150
Reporting to the Financial Operations Manager, provide leadership and support for the financial management of the Departments of Biochemistry, Nematology, Plant Pathology and Microbiology, and the Center for Conservation Biology. Uses skills as an experienced research administrator to independently develop and/or coordinate research proposals for an assigned portfolio of Principal Investigators. Post award contract and grant management and maintains contract and grant records in compliance with institutional research sponsor policies. Works on proposals and awards of diverse scope where analysis of data require thorough understanding of complex regulations. Works on complex proposals and awards that may involved multiple investigators and/or multiples sub awards. Performs complex budget/resource analysis including forecasting, retrieving data from campus financial systems, organizing and validating data, and the preparation for comprehensive reports for principal management. Participates in the design in department systems and processes to enhance processing and reporting tools. The budgeted hiring range for this position is $55,000 - $85,000. Please note: While we do not anticipate that our position will be eligible for visa sponsorship, international applicants are still welcome to apply.
Experience with UC Policies and Procedures.
In the Heart of Inland Southern California, UC Riverside is located on nearly 1,200 acres near Box Springs Mountain in Southern California; the park-like campus provides convenient access to the vibrant and growing Inland region. The campus is a living laboratory for the exploration of issues critical to growing communities' air, water, energy, transportation, politics, the arts, history, and culture. UCR gives every student, faculty and staff member the resources to explore, engage, imagine and excel.
UC Riverside is recognized as one of the most ethnically diverse research universities in the country boasting several key rankings of which we are extremely proud.
UC Riverside is proud to be ranked No. 12 among all U.S. universities, according to Money Magazine's 2020 rankings, and among the top 1 percent of universities worldwide, according to the 2019-20 Center for World University rankings.
UC Riverside is the top university in the United States for social mobility. - U.S. News 2020
UCR is a member of the University Innovation Alliance, the leading national coalition of public research universities committed to improving student success for low-income, first-generation, and students of color.
Among top-tier universities, UC Riverside ranks No. 2 in financial aid. - Business Insider 2019
Ranked No. 2 in the world for research, UCR's Department of Entomology maintains one of the largest collections of insect specimens the nation. - Center for World University Rankings
UCR's distinguished faculty boasts 2 Nobel Laureates, and 13 members of the National Academies of Science and Medicine.
The University of California is an Equal Opportunity/Affirmative Action Employer with a strong institutional commitment to the achievement of excellence and diversity among its faculty and staff. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by law.
For information about our generous employee benefits package, visit: Employee Benefits Overview
$55,000 - $85,000
How to Apply:
Apply Online: https://www.click2apply.net/xWLyY6UqgnAYiDqLixx5g
Are you ready to join an organization where you can make an extraordinary impact every day? NCALL in Dover, Delaware is an established nonprofit leader working throughout the Delmarva Peninsula in the fields of affordable housing, community development, and lending. With an outstanding history of achievements that spans more than four decades, a diverse staff of 40, and a budget of $5.2 million, we are a community development financial institution and a charter member and star producer in NeighborWorks America’s 250-member Network of Excellence. Over the years, we have had a regional impact of assisting over 41,000 households and leveraging over $10 billion in housing and community financing. Our mission is to “Strengthen Communities Through Housing, Lending, and Education.”
The Chief Lending Officer (CLO) is primarily responsible for the Loan Fund’s strategic lending program including: business development and loan production, marketing and outreach, design and implementation of new financial products and services, portfolio management, loan policies and systems, and collaborating with the Loan Fund Director to develop key partnerships and to raise new capital.
• Design and implement new financing strategies and products to respond to Loan Fund goals, borrower needs, and market changes
• Develop and implement an annual Loan Fund marketing and outreach plan; collaborate with NCALL’s Marketing and Communications Specialist to implement that plan
• Assist the LFD with creating the annual business plan for the Loan Fund including lending goals, impact goals, and operational budget; participate in strategic planning as needed
• Assist the LFD with promoting and increasing the Loan Fund profile by developing key external relationships; assist with the Loan Fund’s advocacy and coalition efforts
• Assist the LFD in building and maintaining strong relationships with partners that provide capital and operational support; provide assistance as needed on applications to those partners
• Supervise and support the Loan Officers and Loan Servicer; develop a capacity-building plan for those supervised through various professional/leadership development opportunities
• Develop and oversee a business development/project pipeline strategy with the Loan Officers
• Assist Loan Officers with vetting, structuring, and underwriting new loan requests; ensure new loan requests are consistent with Loan Fund policies and goals
• Originate and underwrite new loan requests as needed
• Plan and coordinate the Loan Committee meetings; interact with the Loan Committee Chair as necessary prior to each meeting
• Maintain strong credit quality through annual loan/borrower reviews, regular monitoring of borrower compliance with loan covenants and repayment provisions, reviewing borrower reports, and
conducting periodic site visits with Loan Officers
• Mitigate loan portfolio risk through enhanced monitoring, the use of extensions and restructurings, and adjustments to risk ratings and loan loss reserves; develop a strategy for loan work-outs and
charge-offs as necessary
• Pursue and maintain relationships with participation lenders; prepare participation agreements, consulting with legal counsel as needed
• Negotiate and manage consultant contracts and budgets as related to lending
• Oversee the loan closing process; review closing documents for accuracy
• Monitor and report on the Loan Fund’s loan originations and portfolio performance
• Lead the review and updates to policies related to underwriting, portfolio management, and loan servicing
Ideal candidates for this position will share a passion for and commitment to serving the mission of NCALL and will bring a variety of experiences and attributes to the organization, including:
• Bachelor’s degree
• Minimum of five years of work-related experience with affordable housing/community development finance; experience with financing New Markets Tax Credit transactions is preferred
• Minimum of five years in a senior management and supervisory position required
• Empathy and understanding for the low-income people and communities served by the Loan Fund
• Proven written and verbal communication and networking skills; interacts well with the public, media, stakeholders, staff, and volunteers
• Excellent interpersonal and professional skills in handling challenges and job performance
• Proficiency in Microsoft Office and Internet applications
Competitive salary and benefits commensurate with qualifications and experience.
How to Apply:
Please visit NCALL's website to complete the application and attach resume: https://ncall.org/about/careers/