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  • Make an impact and join the opportunity finance field.

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

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

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.orgSubmissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Underwriter Finance Fund
Columbus, OH
Job Function: Underwriting
Posted: April 20, 2019

Background:

Finance Fund Capital Corporation (FCAP) is a certified nonprofit community development financial institution (CDFI) that forms public-private partnerships with financial institutions, investors, charitable foundations, community organizations, and federal, state, and local governments to provide flexible financing that supports economic development and job creation in low- to moderate-income communities. We provide urban and rural lending and financing to support a wide range of projects including affordable housing construction or rehabilitation, healthy food retail options in food deserts, small businesses, health care facilities and equipment, and community facilities.

Position Summary:

All aspects of underwriting including reviewing initial applications for completeness, analyzing financial and management capacity. Identifying initial credit issues. Appropriately structure loans based on applicant ability to repay in compliance with internal credit and program policies.

Responsibilities:

Serve as a primary project contact with applicants and institutional partners.
Review and analyze all customer financial information to ensure sound credit decisions are made. 
Originate and underwrite loans. 
Underwrite loan requests in a timely manner. 
Work with applicants through all stages of the borrowing process. 
Oversee loan disbursements. 
Make presentations to community organizations. 
Attend meetings and public events, which provide marketing opportunities. 
Some travel within the state of Ohio required.

Requirements:

Possess a bachelor’s degree in business or related field with a minimum of 2 - 5 years pertinent credit and underwriting experience in banking, finance, and/or community development. 
Knowledge of multiple types of lending programs strongly desired; experience with SBA-guaranteed lending procedures is preferred, but not required. 
Strong credit analysis and risk assessment skills. 
Customer oriented. 
Able to work independently and as part of a team. 
Possess critical thinking skills. 
Excellent written and verbal communication skills. 
Maintain exceptional customer service to remain consistent with company culture. 
Able to manage multiple projects simultaneously.

Compensation:

Negotiable

How to Apply:

To apply for this position, please send a cover letter and resume to Suzette Berry, MBA, the Vice President, Human Resources at Finance Fund and Finance Fund Capital Corporation at SBerry@FinanceFund.org

Small Business Lender Natural Capital Investment Fund
Raleigh, NC
Job Function: Lending/Loan Operations
Posted: April 18, 2019

Background:

Natural Capital Investment Fund (NCIFund, www.ncifund.org) was established in 2000 to provide access to capital for natural resource-based enterprises in a range of sectors, e.g., sustainable agriculture; sustainable forestry; eco-tourism; recycling; renewable energy and energy efficiency. We also fund businesses that provide vital community services -- daycare, education, health care, etc. -- necessary for healthy, thriving communities.

With a capital pool of $40 million, NCIFund provides senior and subordinated debt and business assistance services to small and emerging businesses in North Carolina; West Virginia; the Appalachian regions of Kentucky, Ohio, Maryland, Tennessee and Virginia; and portions of South Carolina and Georgia. NCIFund's business clients are predominantly located in economically distressed rural communities and are unable to access adequate capital from traditional sources.

NCIFund is a participant in the Wells Fargo Diverse Community Capital Program. We are a non-profit affiliate of The Conservation Fund (TCF) (www.conservationfund.org), a national non-profit organization focused on land and water conservation and economic development.

Position Summary:

We are seeking an experienced small business lender to join the NCIFund team and generate new prospects and loans in Eastern North Carolina and the eastern portion of the Triangle (Raleigh and points east). Our lending and technical assistance in the region are focused particularly on increasing support for small businesses operated by persons of color and women. Persons of color are strongly encouraged to apply. This is a full-time position with excellent benefits. For a full job description please visit: https://www.dcjobs.com/job/detail/36580533/Small-Business-Lender?keyword.... Qualified applicants should send their resume with cover letter to: careers@conservationfund.org.

We are an Equal Opportunity Employer who fully and actively supports equal access for all people.

Responsibilities:

• Primary responsibility will be to spearhead NCIFund’s lending in the Triangle and Eastern NC, with a focus on building a pipeline and successful portfolio of minority-owned and operated small
businesses.

• Actively prospect for loan opportunities from multiple sources, including: lending institutions; community economic development organizations; and sector-specific organizations and associations.

• Effectively market and represent NCIFund to a range of audiences at conferences, in one-on-one meetings, and in the media. Seek opportunities to serve the community on committees and
boards.

• Evaluate loan requests and applications to determine fit with NCIFund’s investment strategy and overall portfolio.

• Conduct due diligence, utilizing NCIFund’s underwriting guidelines and financial analysis software to evaluate a company’s credit worthiness.

• Using NCIFund's loan origination software, prepare investment recommendations with proposed terms and conditions and present them to NCIFund Investment Committees. Upon approval,
negotiate final terms and conditions of investment with the applicant.

• Monitor the financial and organizational health of borrowers, through analysis of company financial statements and annual site visits. Recommend follow-up action and restructuring loans when
necessary.

• Assist NCIFund’s Director of Lending and President in continuously improving NCIFund’s: underwriting and loan/investment policies and practices; operating practices; and marketing and outreach
practices and materials.

• Perform other duties as assigned by NCIFund’s Director of Lending, including but not limited to: portfolio analysis and advising on other business finance-related projects as needed.

Requirements:

SKILLS, EXPERIENCE AND QUALIFICATIONS
• Experience and success in working with the African-American community and other communities of color in Eastern NC and the Triangle that can lead to NCIFund loans and business assistance
to businesses owned and operated by persons of color and women.

• Lender with a current, active business loan portfolio in North Carolina preferred.

• A minimum of five years experience in small business lending, assistance or management with commercial loan underwriting responsibilities required. Prior lending and/or business experience
with local food lending, agricultural lending, “green” sectors, and minority communities preferable.

• Experience with alternative lending and credit enhancement programs such as SBA and USDA, guarantee programs preferred.

• Commitment to and interest in NCIFund’s and The Conservation Fund's organizational mission. Interest in supporting environmental businesses and economic development that benefit low-
income communities, and communities of color in particular.

• A financial background with a strong understanding of balance sheet, income statement and cash flow analysis and loan underwriting.

• Ability to write well, communicate verbally in a succinct and persuasive manner, and interact effectively with a wide range of individuals, e.g., colleagues, lenders, funders, low-wealth and minority
borrowers, and technical assistance providers.

• Strong analytical, time management, and organizational skills, including a high level of attention to detail and ability to work independently.

• Impeccable personal integrity and commitment to maintaining confidentiality of customer data.

• A demonstrated "can-do" entrepreneurial attitude appropriate for a business-oriented non-profit.

• Ability to learn quickly. Open to taking on new projects and responsibilities with a positive attitude and a sense of humor.

• At least a BA/BS degree in finance, business administration, accounting, community development, or in a related field.

• Ability to speak Spanish a plus but not required.

• Strong computer skills, including word processing, spreadsheets, and database programs (Microsoft Office software: Word, Excel). Experience with Abrigo, The Exceptional Assistant (TEA) and
Cash Suites helpful but not required.

• Willingness to travel. Must have a current, valid driver’s license with the unrestricted ability to travel independently to various locations as required. A driving report from the Department of Motor
Vehicles (DMV) will be reviewed for employment purposes.

Compensation:

Salary Range: $55,000 - $65,000 based on experience. Full-time position with excellent benefits package, including: medical, dental and life insurance; 403(b); and paid vacation, sick leave and holidays. Significant opportunities for growth.

It is the policy of NCIFund and its parent, The Conservation Fund, as an equal opportunity employer, to promote diversity in the workplace and within organizational leadership, including race, color, religion, sex, gender, sexual or gender identity or expression, age, national origin, military/Veteran status, or disability.

How to Apply:

Qualified/interested candidates should send their resume and cover letter to:
The Conservation Fund
Attention: Human Resources
1655 N. Fort Myer Drive, Suite 1300
Arlington, VA 22209
E-mail: careers@conservationfund.org
Fax: (703) 525-4610

IT Manager, Member Systems Self-Help Federal Credit Union
Vallejo , CA
Job Function: Administrative/Operations/IT
Posted: April 12, 2019

Background:

Self-Help Federal Credit Union was formed in 2008 to build a network of credit union branches to operate on a scale uncommon in the community development industry. Through a series of mergers, acquisitions, and new branch launches in California, Illinois, and Wisconsin, we have built a community development credit union that aims to provide high-impact financial services to low income and working class communities.

Self-Help Federal now has 30 branches, over $1.1 billion in assets, and serves more than 80,000 members. We are committed to delivering safe and affordable savings, transparently-priced accounts and a full suite of loans – small dollar, citizenship, unsecured consumer, auto, and mortgage – often to borrowers who could not access responsible services elsewhere.
Self-Help Federal is part of the Self-Help family of non-profit organizations with a common mission and leadership. Over its 37-year history, Self-Help has learned that access to responsible savings, loans, and transactions is key to financial security, family healthy, and improved opportunity for low-income families. Self-Help has delivered $7.6 billion in financing through more than 137,000 loans to families, individuals, and organizations across the nation.

Position Summary:

This is a unique opportunity for an experienced IT leader with a strong commitment to economic inclusion to help Self-Help Federal Credit Union (SHFCU) take its member services to the next level through new and improved technology solutions. Chartered in 2008, in ten years SHFCU has grown through mergers and organic growth to more than $1.1 billion in assets, 80,000 members and 30 branches. The successful candidate will help to lead the acceleration of our strategy to dramatically improve the use of technology to deliver an exceptional member experience.
The IT Manager – Member Systems is responsible for the evaluation, strategy development, assessment, implementation, management and operation of all member-related IT Systems, and manages the team employed to support these efforts. S/he reports to the VP, Information Systems, and works closely with him, and the IT Manager – Network Administration, to meet all IT needs of the organization. This job requires a high degree of coordination between other functional areas, within the IT Department at Self-Help Federal, and with the IT team at our sister credit union in North Carolina.

Responsibilities:

• Overall management, configuration, support and continuous improvement of SHFCU’s
o core banking system
o Remote application system
o Home and mobile banking
o Other member service systems
• Leading and supporting the technical evaluation process for new member-related software.
• Improving system processes and operations in collaboration with all SHFCU teams
• Work directly with vendors to implement necessary upgrades and changes
• As appropriate, partner with IT Manager – Network Administration and network team to support hardware upgrades and hardware replacements, consistent with a collaborative team culture
• Ensure effective monitoring of systems service levels and integrity, and respond to issues, including repairs and recovery of failures.
• Create appropriate strategies for risk mitigation and contingency planning
• Effectively manage team, including focus on accountability and a strong commitment to staff development
• Effectively lead team to develop and track technical and procedural documentation
• Manage and support other aspects of SHFCU’s IT platform and team as required
• Perform other duties as may be deemed necessary

Requirements:

• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities
• Strong cultural competence – we highly value diversity and inclusion
• Preference for working in organizations that place priority on teamwork and collaboration
• 10-20+ years of IT/IS experience with at least 5 years managing others; successful strategy and/or departmental leadership a strong plus
• Bachelor’s degree in IT or similar, or comparable additional experience; relevant graduate degree or accreditation a plus
• Strong people management and coaching skills
• Deep and successful experience working with core processing systems and other consumer banking technology systems
• Strong organizational, project management, and customer service skills
• Excellent communication skills – verbal, written, and analytical
• Excellent problem-solving and time management skills; demonstrated success meeting complex project deadlines
• Strong understanding in the use of MS Project, MS Office and Visio preferred

Compensation:

Competitive nonprofit salary, based on experience, plus a generous benefits package that includes health, dental, life insurance, flexible spending plan, retirement plan, paid parental leave, and domestic partners policy.

How to Apply:

Interested individuals please send a resume and cover letter to cahiringmanager@self-helpfcu.org and reference this job, “IT Manager Member Systems” in the subject line of your message.

Associate, Business Development Nonprofit Finance Fund
Los Angeles, CA
Job Function: Business Development
Posted: April 12, 2019

Background:

What We Do:

NFF works toward a more just and vibrant society through:

Financing that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.

Consulting that helps nonprofits and funders connect money to mission and community impact.

Partnering with service providers, funders, and investors to turn money and goodwill into positive outcomes.

Learning that shares experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis.

Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $329 million. Since 1980, we have provided $871 million in financing and access to additional capital in support of over $2.9 billion in projects for thousands of organizations nationwide.

Position Summary:

The Financial Services team is seeking to hire a Business Development Associate. The Business Development Associate will work closely with the Director, Business Development to drive the business activity of the West Coast lending team, including on- and off-balance sheet loans, New Markets Tax Credit (“NMTC”) projects and tailored capital investments developed with our funding partners. They will be involved in all aspects of loan origination, including pipeline cultivation and management, analyzing and determining loan viability, building, and managing client and partner relationships. They will focus on business development, but also support the underwriting and portfolio management teams, as needed. Primary responsibilities include: participating in market-facing activities to generate business opportunities; maintaining and managing a project pipeline; identifying and assessing, negotiating, and structuring viable financings in line with NFF’s mission; and preparing memos and presenting proposals for the “greenlighting” of projects to loan committee. The Business Development Associate is also responsible for ensuring timely and effective communication and coordination across NFF’s business development, underwriting, and portfolio management teams, as well as NFF’s offices and lines of business to ensure the highest level of client engagement. The Business Development Associate maintains knowledge of key markets within the region and nationally to support and inform the business development strategy. This position requires a minimum of 40% travel and it is expected that 75% of the time will be externally focused.

This position will be based in NFF’s Los Angeles, CA or Oakland, CA office. This position will report to the Director, Business Development.

Responsibilities:

Client Relationship and Management
Build and maintain strong relationships with current and future borrowers and partners.
Directly participate in the generation of new business, including early-state client visits and conversations and attendance at external events.
Support the cultivation and maintenance of relationships with capital sources (banks, CDFIs, foundations, institutional investors and other capital providers and intermediaries) and stakeholders.
Support the development, recommendation, and implementation of marketing strategies to further NFF’s lending activities.
Work closely with all business development, underwriting, closing, and portfolio management staff to ensure excellent customer service.

Loan Originations
Conduct initial assessment and analysis of financing prospects and prepare memos and present proposals for the “greenlighting” of projects to loan committee.
Help identify and resolve issues preventing loans from moving forward.
Originate loans and NMTC transactions by identifying, assessing, negotiating, and structuring viable, credit worthy financings.
Support the management of the lending pipeline.

Other Activities
Proactively monitor industry and regional trends and identify opportunities.
Participate in other support activities as needed for Financial Services team.

Requirements:

Essential Requirements for Education and/or Experience:
Bachelor’s degree required.
Credit skills sufficient to perform the initial credit analysis and risk assessment of financings.
Strong interpersonal and communication skills, both written and verbal.
Demonstrated ability to build, manage, and deepen client relationships.
Ability to relate to diverse constituencies.
An entrepreneurial work ethic, including an openness to learning new skills and systems and ability to take initiative for independent learning and quickly develop deep knowledge of a particular market or area.
Ability to exhibit calm under pressure.
Solutions-based mindset and approach.
Strong time management, multi-tasking, and organizational skills, with an ability to coordinate complex activities and prioritize conflicting demands and deadlines.
Demonstrated ability to take on increased responsibility over time.
Ability and willingness to travel within region to work with staff and meet with applicants, borrowers, and stakeholders.

Specialized Knowledge/Beneficial Skills and Experience:
Minimum two (2) years of financing or lending-related experience in a CDFI or a bank.
Results-oriented individual with the ability to work independently, as well as collaborate with a close-knit group.
Market knowledge in western region and in one or more targeted sectors including community health centers, education/charter schools, human service providers, and supportive/affordable housing.
Market knowledge of key constituents including CDFIs, government agencies, investors, foundations, policy makers and community service providers.

Compensation:

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

How to Apply:

Apply directly here: https://nonprofitfinancefund.applytojob.com/apply/pI7nZ47l3b/Associate-B...

Director, Business Development Nonprofit Finance Fund
New York, NY
Job Function: Business Development
Posted: April 12, 2019

Background:

What We Do:

NFF works toward a more just and vibrant society through:

Financing that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.

Consulting that helps nonprofits and funders connect money to mission and community impact.

Partnering with service providers, funders, and investors to turn money and goodwill into positive outcomes.

Learning that shares experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis.

Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $329 million. Since 1980, we have provided $871 million in financing and access to additional capital in support of over $2.9 billion in projects for thousands of organizations nationwide.

Position Summary:

The Director, Business Development has primary responsibility for driving the business activity of the eastern region – primarily in the northeast, but also including the southeast and central states – and working in conjunction with the underwriting team to structure and support viable financing opportunities. They will lead loan origination activity by developing and implementing a business development strategy, supervising other business development staff, and partnering with the Director, Underwriting to ensure the workflow proceeds in a timely and expeditious manner. The Director, Business Development is responsible for understanding and communicating market trends and the needs of key constituencies. They will lead the exploration of expanding NFF’s lending services in certain geographies and sectors by conducting market research, building relationships with key stakeholders, assessing product and pipeline viability, and presenting proposals/structures for implementation. Primary responsibilities include: leading market-facing activities to generate business opportunities; maintaining and managing a project pipeline to meet NFF’s annual lending goal; identifying, assessing, negotiating, and structuring viable financings in line with NFF’s mission; overseeing preparation of memos and presentation of proposals for the “greenlighting” of projects to loan committee; and managing business development staff. In addition, the Director, Business Development will oversee the successful partnership of the business development and underwriting teams to ensure a smooth client experience and contribute to lending process improvements. They maintain knowledge of key markets within the region and nationally to support and inform the business development strategy. This position requires a minimum of 40% travel and it is expected that 75% of the time will be externally focused.

This position will be based in NFF’s New York, NY office. This position will report to the V.P. of Lending.

Responsibilities:

Team Lead & Market Development
Collaborate and partner with the Director, Underwriting to manage the pipeline to meet annual lending goals. Specifically:
Develop, recommend, and implement a tactical plan that will consistently generate a viable pipeline of high-credit-quality clients and transactions, including, but not limited to, on-balance sheet lending, NMTC transactions, and off-balance sheet opportunities.
Supervise junior business development staff and the work of staff supporting business development activities and transactions.
Identify and resolve issues to respond to client needs and move transactions forward.
Maintain up-to-date market knowledge, and communicate and respond to changing market dynamics.
Lead the proposal and exploration of expanding NFF’s lending services in new geographies and sectors:
Oversee market research.
Build relationships with key community organizations, funders, and other relevant stakeholders.
Assess new product and pipeline viability.
Develop and implement a business plan.

Relationship Building and Management
Maintain strong relationships with current and future borrowers and partners.
Participate in business development activities, including early-stage client visits and conversations and attendance at external events.
Oversee and ensure the smooth transition and support of clients through the “green lighting”, underwriting, approval and closing processes to ongoing centralized portfolio management.
Cultivate and maintain relationships with capital sources (banks, CDFIs, foundations, institutional investors and other capital providers and intermediaries) and stakeholders.
Work across the organization to identify business development opportunities and coordinate the lending activity so that it intersects with NFF’s overall priorities and key relationships.
Develop, recommend, and implement marketing strategies to support the delivery of NFF lending, New Markets Tax Credit (“NMTC”) and other products and services to new and existing clients and partners.
Work closely with all business development, underwriting, closing, and portfolio management staff to ensure excellent customer service.

Loan Originations
Generate new business and manage business development pipeline in coordination with Director, Underwriting and Vice President, Lending.
Originate loans and NMTC transactions by identifying, assessing, negotiating, and structuring viable, credit-worthy financings.
Problem solve with internal and external parties to move the transaction pipeline forward.
Oversee and provide guidance to junior staff who conduct initial assessment and analysis of financing prospects and prepare memos and present proposals for the “greenlighting” of projects to loan committee.
Proactively monitor industry and regional trends and identify opportunities.

Requirements:

Essential Requirements for Education and/or Experience:

Bachelor’s degree or equivalent experience required.
A minimum of 8-10 years of professional experience or graduate-level education, preferably in the financial services, consulting or nonprofit sectors and in increasingly more senior positions.
Demonstrated ability to develop, structure, and negotiate new products, and perform the initial credit analysis and risk assessment of financings.
Strong interpersonal and communication skills, both written and verbal.
Demonstrated ability to build, manage, and deepen client relationships.
Ability to relate to diverse constituencies.
An entrepreneurial work ethic, including an openness to learning new skills and systems and ability to take initiative for independent learning and quickly develop deep knowledge of a market or sector.
Ability to exhibit calm under pressure.
Solutions-based mindset and approach.
Strong time management, multi-tasking, and organizational skills, with an ability to coordinate complex activities and prioritize conflicting demands and deadlines.
Strategic thinker with ability to balance big-picture ideas with day-to-day work.
Demonstrated ability to take on increased responsibility over time.
Ability and willingness to travel within region to work with staff and meet with applicants, borrowers, and stakeholders.

Specialized Knowledge/Beneficial Skills and Experience:

Demonstrated experience developing new product lines or moving processes from conception through implementation.
Results-oriented individual with the ability to work independently, as well as collaborate with a close-knit group.
Management experience including hiring, training, coaching staff.
Experience in business or commercial lending including the origination or management of a portfolio of nonprofit organizations.
Market knowledge in eastern region and in one or more targeted sectors including community health centers, education/charter schools, and human service providers.
Market knowledge of key constituents including CDFIs, government agencies, investors, foundations, policy makers and community service providers.

Compensation:

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

How to Apply:

Apply directly here: https://nonprofitfinancefund.applytojob.com/apply/0Db0EmB6cW/Director-Bu...

VP, Impact Capital Catalyst IFF
Chicago, IL
Job Function: Financial Services
Posted: April 12, 2019

Background:

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

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

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

Position Summary:

The VP, Impact Capital Catalyst will be responsible for accelerating the flow of capital between new and existing investors and nonprofits in IFF’s full-service markets. The position will be located in Chicago, but will include additional geographic coverage of IFF’s Full Service Markets, which as of now includes Chicago, IL, Detroit, MI and St. Louis and Kansas City, MO. The VP, Impact Capital Catalyst will sit between the supply and demand of capital to make markets more efficient by connecting stakeholders in the marketplace to the pipeline of projects cultivated by IFF.

The individual will cultivate a network of investors across the capital continuum, understand their requirements, structure funds as necessary to optimally utilize that capital, and leverage IFF’s knowledge and skillsets to make projects happen. The VP, Impact Capital Catalyst will also early on develop a plan to develop the capacity to syndicate loans as a new, fee-based service offering. The VP, Impact Capital Catalyst will report to the President Core Business Solutions and will work closely with the Senior Vice President Capital Solutions, the Chief Financial Officer, the President of the Social Impact Accelerator, the Executive Directors based in Detroit, Chicago, and St. Louis, and the Vice President of Strategic Partnerships & Resource Development. This is a new position for IFF and requires flexibility and adaptability as we learn more about how to best evolve this role.

Responsibilities:

Job Duties and Responsibilities:

1. Work with IFF colleagues to develop a pipeline of supply and demand of capital to advance complex nonprofit projects.

Supply. Working in coordination with the VP Strategic Partnerships, Executive Directors and the President Social Impact Accelerator, develop relationships with key foundations and impact investors to both ascertain their investing preferences (by geography, sector, and financing vehicle) and raise impact investments for IFF.

Demand. Working with the SVP Capital Solutions, SVP Real Estate Solutions, Executive Directors and President Social Impact Accelerator, curate a pipeline of projects that require financing aligned with the above supply of impact investing possibilities.

2. Lead IFF’s effort to create an off-balance sheet Community Facilities Fund (CFF), working closely with the President Social Impact Accelerator and CFO. Engage third party legal counsel and audit expertise to most effectively create a CFF which would raise direct equity and debt investments from IFF stakeholders. Work with Marketing Manager to create collateral material and with Communications to broadcast opportunities for impact investing into the CFF.
3. Develop a strategy and tactical plan to create a fee-based loan syndication offering for IFF. The plan would need to include specific guidance to IFF’s lenders about how to identify opportunities to offer this service, and how IFF would build the internal capacity to standardize an underwriting and structuring approach to these financing transactions.
4. Serve as the IFF “expert” on Opportunity Zones and work with the CFO, President Social Impact Accelerator and SVP Capital Solutions to best determine and refine IFF’s strategy for deploying these funds into IFF development projects and/or the establishment of an IFF Opportunity Zone Fund.
5. Other duties as assigned.

Performance Measures:

1. Creation of a Community Facilities Fund that meets IFF’s objectives (year1). On an on-going basis, the growth of the CFF to support transformative nonprofit facilities projects leveraging multiple strands of impact investor equity and debt.

2. The development of an approved strategic and operational plan to introduce loan syndication services.

3. Leadership in building IFF’s role as VP, Impact Capital Catalyst, including diversification of IFF’s investor base and raising agreed upon levels of impact investments.

4. Cultivates a culture of openness in information sharing. Encourages open communication, cooperation, and the sharing of knowledge.

5. Models personal accountability that promotes ownership and engagement.

6. Builds and maintains effective working relationships with colleagues, peers and team members.

7. Values and supports differences in others, contributing to an inclusive work environment. Demonstrates the ability and willingness to communicate effectively with people of diverse backgrounds and experiences to create a collaborative, collegial, and caring community.

8. High level of satisfaction with both internal colleagues and external contacts.

Requirements:

Position Qualifications:

Education: Master’s Degree in business, management, community development, or a related field.

Experience: Ten years of experience with increasingly responsible management and financial roles and a comprehensive working knowledge in community development finance, human services, real estate development or a related field.

1. Experience with federal and other government funding programs required.

2. Experience with investors and investment products required.

3. Experience with financial packaging and structuring preferred (e.g., New Markets Tax Credits).

4. Demonstrated leadership and management skills and a track record of career growth and success.

5. Excellent written and oral communication skills and excellent interpersonal skills.

6. Ability to recognize and communicate strategic opportunities.

Unusual Requirements: Regular travel throughout the assigned region and periodic travel nationally. Occasional evening and weekend work.

Compensation:

Will be discussed at time of interview

How to Apply:

Application Instructions: Applicant please submit a cover letter, resume and salary requirements to email. Please include “VP, Impact Capital Catalyst” in the subject line of the email.

Program Officer TruFund Financial Services, Inc.
Houston, TX
Job Function: Business Development
Posted: April 10, 2019

Background:

TruFund Financial Services, Inc. (“TruFund”) is a is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund. Headquartered in New York City, our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. As a nonprofit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and nonprofit organizations that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. We also have field offices in Texas (Houston), Louisiana (New Orleans and Baton Rouge) and Alabama (Birmingham).

Position Summary:

The Program Officer for Texas, primarily in the Houston MSA,will be responsible for assisting with: (1) implementing a continuum of programs and business advisory services that creates opportunities for more entrepreneurs, small businesses and not-for-profits to increase business knowledge, strengthen management capacity, and access affordable and adequate capital for business growth;(2) maintaining relationships with outside experts/vendors/consultants, funders and government agencies, (3) performance outcome data tracking and the preparation ofreports as required by funding partners and/or senior management

Responsibilities:

Business Training, Program Administration and Management

* Provides administrative support for the planning, coordination, implementation and assessment of all program activity, events, training and workshops in the market, in accordance with organizational goals and timelines.
* Provides one on one support, working directly with entrepreneurs and business owners to support capacity building, business education and business growth.
* Conducts trainings and facilitates workshops for entrepreneurs and small business owners.
* Provides administrative support for all lending activity in market by assisting with loan packaging, client follow-up, document screening, and CRM compliance management.
* Assists with a range of project management and administrative responsibilities, including, budget and expenditure tracking, organizing meetings and workshops, and coordinating travel
arrangements.
* Ensures organizational goals, reporting guidelines,and project timelines are met.
* Utilizes program-specific tracking systems.
* Processes program applications and contributes to participant selection.
* Administers and maintains client surveys and questionnaires for quality assurance and reporting.

Community Outreach & Relationship Management 

* Cultivates good working relationships with key agencies and stakeholders critical to TruFund’s ongoing business advisory services, program delivery, business relationships loan and program referral
activity, and branding.
* Support program and lending goals,while nurturing a quality client experience. 
* Works with Communications Department on outreach and marketing efforts designed to solicit and promote TruFund’s training opportunities to businesses, employers, and other target audiences. 
* Attends community outreach, industry and partner events and maintains a calendar of related activity and events in the market.
* Assists with workshops, new borrower trainings, panel discussions, and speaking engagements for audiences with a wide range of professional backgrounds. 
* Facilitates business networking and peer to peer learning.
* Communicates with vendors, consultants, subject matter experts and other external stakeholders to support program implementation.

Materials Development 

* Works collaboratively to inform, develop and distribute program materials to support program and community engagement goals.
* Supports resource development activity as needed, including grant writing and management.
* Informs and supports the development of program reports and agreements.

Requirements:

Qualifications: 

Education and Related Work Experience:

* Minimum of a Bachelor’s Degree in related field or 3 - 5 years of training and/or technical assistance experience
* Demonstrated knowledge and previous experience in planning and conducting basic, intermediate and advanced training programs for diverse audiences
* Lending experience a plus
* Experience working with MWBE, LMI businesses and not-for-profit organizations a plus
* Experience working in supplier diversity, construction and professional services contracting, small business resiliency and/or disaster recovery a plus
* Knowledge, skills and abilities:

* Must be able to work on multiple projects and to prioritize effectively.
* Demonstrated ability to work both as a team member and independently is required.
* Must have excellent written and oral communication skills
* Proficiency in Microsoft Office software including Word, Excel, PowerPoint, and Outlook is required
* Working knowledge/experience with project management software/applications a plus
* Previous experience in the development and facilitation of workshops, panels and one on one coaching, and other business advisory experience
* Must have demonstrated ability to establish and maintain effective relationships and partnerships with key stakeholders
* Knowledge of marketing, small business planning, financial management, strategic planning, project managementand community development is strongly preferred.
* Working experience/knowledge of the low-mod income communities that comprise in the Houston Sugarland MSA
* This position requires a high degree of self-motivation, dedication, creativity, and willingness to accept a demanding (and personally satisfying) position.

Other Special Considerations

* Must be able to travel throughout the Houston MSA, as needed
* Must be able to work nights and weekends where required for program coordination and implementation
* Bi-Lingual (Spanish) Preferred
* This job is performed under general office conditions, and is not subject to any strenuous physical demands or dangerous conditions.

Compensation:

Negotiable

How to Apply:

To Apply: 

Please email your resume and cover letter with salary requirements in MS Word format to: LaShaunda P. René at LRene@trufund.org and Kim Carter Evans at kevans@trufund.org

 

Investment Associate Charter Impact Fund
New York City, NY
Job Function: Lending/Loan Operations
Posted: April 10, 2019

Background:

Charter Impact Fund is a nonprofit social impact fund created to help high-performing charter schools minimize their facilities financing costs and maximize their resources for students.
Across the United States, excellent schools serve as foundations for their communities. At Charter Impact Fund, we believe that the schools making the biggest difference for students should be empowered to grow and serve even more students.

Position Summary:

The Opportunity
The Investment Associate (IA) will have the opportunity to make an immediate impact at CIF – and on the charter school sector as a whole – as a member of its founding team. The IA will report to an Investment Principal and support CIF’s entire Lending Team. The ideal candidate will possess excellent analytical and financial skills, energetically embrace the sometimes-ambiguous work of a startup, and contribute to a collaborative, team-oriented culture of excellence.

Responsibilities:

Responsibilities
The Investment Associate will be responsible for:
Origination and Underwriting: Supporting the Lending Team with structuring, underwriting, and preparing transactions for credit committee approval.
Data Management: Maintaining a database of school and deal-related information such as location, project data, enrollment, performance, and long-term impact.
Outreach and Sourcing: Participating in CIF’s efforts to develop a pipeline of potential high quality loans through various marketing and outreach initiatives.
Internal System Development: Partnering with other credit team members to develop systems, policies, and procedures for developing the portfolio, including origination, lending, and reporting.
Organizational Excellence: Partaking in strategic planning and goal-setting processes.
Policy and research: Monitoring proposed legislation and policy matters related to CIF’s core business and the charter school sector.

Requirements:

Qualifications
The Investment Associate should be a highly motivated, mission-aligned profession who understands the complex mechanics borrowing and investing in the charter school sector or a similar field. Other qualifications and qualities include:
An MBA or equivalent degree (MPP, MPA, CFA, etc.)
3-5+ years of overall professional experience
2+ years of experience in venture capital, private equity, investment banking, or investment management
2+ years of impact investing/nonprofit/school experience preferred
“Must Love Schools” -- the ideal candidate will be passionate about education reform and have experience working with schools
Experience with financial and operational due diligence of Charter Schools or similar entities highly preferred
Expertise in charter school facilities financing strongly preferred
Top notch quantitative, financial modeling, and analysis skills
Track record of meeting and exceeding aggressive goals
Strong proclivity for teamwork and collaboration
Ability to work in a fast-paced, sometimes ambiguous startup atmosphere
Outstanding organizational and time management skills
Excellent communication skills
Ability to produce high-quality work products under tight deadlines
Strong customer service orientation and ability to collaborate across functional areas
High degree of integrity and authenticity

Compensation:

Compensation and benefits
Compensation is competitive, commensurate with experience. We are proud to offer excellent benefits.

How to Apply:

https://boards.greenhouse.io/charterimpactfund/jobs/4023135002

Vice President, Programs & Operations WWBIC
Milwaukee, WI
Job Function: Administrative/Operations/IT
Posted: April 9, 2019

Background:

The Wisconsin Women’s Business Initiative Corporation (WWBIC) is a leading innovative statewide economic development corporation that’s been “Putting Dreams to Work” since 1987. We open the doors of opportunity by providing targeted individuals who are interested in starting, strengthening or expanding businesses with access to critical resources such as responsible financial products and quality business and financial education. Our focus is on individuals who face barriers in accessing traditional financing or resources – in particular women, people of color, veterans and low-income individuals.

Every day we work hard to achieve our social goal of improving the economic well-being of individuals by advancing inclusive entrepreneurship and facilitating self-sufficiency strategies. Our statewide team of 50+ works with more than 5,000 clients annually by delivering 26,000 hours of training, counseling and lending services. As Wisconsin’s largest microlender, WWBIC manages a loan portfolio of $20million with 520 active borrowers.

Position Summary:

• Actively participate on WWBIC’s senior management team to provide leadership to the organization while working collaboratively to set and support agency direction, consistent policies and procedures, and strategic plan implementation.

• Lead WWBIC’s programs and services team to meet or exceed all WWBIC and funder goals; includes business assistance, business lending, education, financial capability, and veterans programs. Measure/improve effectiveness of programs and identify improvement opportunities.

• Lead WWBIC’s Advancement team to improve information collection, flow and communication to internal and external customers. Oversee efforts for development, marketing, grants administration/compliance, funder contracts, and client information management.
• Oversee the human resources functions for the agency. Work collaboratively to promote employee engagement and develop strategies that set WWBIC staff up for success and allow them to deliver consistent, creative, and quality programs and services both internally/externally.

• Supervise and coach staff (paid, consultant, volunteer) with positive influence to achieve results that are in the best interest of the organization. Set priorities, goals and direction; provide support, guidance, encouragement and professional development to team members.

• Manage ongoing, day to day operations and systems across teams, ensuring consistency, efficiency, exemplary customer service and best practices to achieve strategic goals.

• Set goals and direction for team work flow, analysis, metrics, timelines, continuous improvement activities. Orchestrate and support cross-functional team building and problem solving.

Responsibilities:

• Oversee the human resources functions for the agency. Work collaboratively to promote employee engagement and develop strategies that set WWBIC staff up for success and allow them to deliver consistent, creative, and quality programs and services both internally/externally.

• Supervise and coach staff (paid, consultant, volunteer) with positive influence to achieve results that are in the best interest of the organization. Set priorities, goals and direction; provide support, guidance, encouragement and professional development to team members.

• Manage ongoing, day to day operations and systems across teams, ensuring consistency, efficiency, exemplary customer service and best practices to achieve strategic goals.

• Set goals and direction for team work flow, analysis, metrics, timelines, continuous improvement activities. Orchestrate and support cross-functional team building and problem solving.

Requirements:

• Minimum 10 years experience in economic development, community lending or private sector business leadership role. Solid nonprofit management experience preferred

• Bachelor’s degree required; Advanced degree preferred

• Track record with cross-team operations, supervision of managerial staff, stakeholder relations and financial accountability required.

• Strong organizational, presentation, management, and communication skills; a holistic, systematic approach to organizational issues of a fast-paced and growing organization.

• Working knowledge of community development, small business needs and social entrepreneurship is preferred

• Flexible, enthusiastic, positive, team focused, with a passion for WWBIC’s mission

Compensation:

WWBIC will offer you more than just a job We offer the ability to put dreams to work and make a positive difference in the communities where we live and work. In addition to an industry-competitive salary, we have a strong benefit package including Medical, Dental, Life, STD, LTD, 403(b) with match, paid time off and more in a professional and friendly work environment.

How to Apply:

Apply today and explore what’s possible with a career at WWBIC. Send your resume, cover letter, and salary expectations to patricia.lohmann@wwbic.com.

For more information about WWBIC, visit www.wwbic.com

Community Investment Officer Corporation for Supportive Housing
Los Angeles, CA
Job Function: Lending/Loan Operations
Posted: April 9, 2019

Background:

Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
• Helping communities create 300,000 homes for individuals and families who did not have one;
• Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
• Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

Position Summary:

Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Community Investment Officer in Los Angeles.

Responsibilities:

Why we need you:
CSH is seeking a creative, results-oriented individual who has a passion for the CSH mission and the work of the Community Investment Team. We need your expertise to originate loans for quality supportive housing developments and provide assistance to government partners in shaping financing and development policies and programs to create stronger systems that support and expedite the production of supportive housing. Specific requirements include:

• Advance CSH’s strategic priorities through your Community Investment Officer role, including building the supportive housing industry by leading trainings and workshops, representing CSH at conferences and events, and working closely with colleagues on special projects, innovative ideas and programs that advance the creation of supportive housing in Los Angeles and beyond;
• Market CSH’s loan products and expertise resulting in a robust lending pipeline which you will help monitor and manage;
• Analyze project feasibility and the capacity of development teams and propose loan structures that meet borrower needs while advancing CSH’s strategic priorities and credit policies;
• Underwrite, present, and recommend project loans for approval;
• Coordinate planning and policy efforts with public officials including the City of Los Angeles’ Housing and Community Investment Department (HCID) and the County of Los Angeles’ Community Development Commission (LACDC);
• Garner feedback from developers on barriers to community development including identifying suitable development sites and fostering support from local communities for proposed plans; and
• Comment on proposed plans, policies and programs with a focus on zoning and land use ordinances that incentivize and support the creation of supportive housing.

Requirements:

How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.

Do you have:
• Minimum 5 years’ experience in low income or supportive housing development, underwriting or financing field.
• Bachelor degree preferred. Experience may substitute for education.
• Extensive knowledge of the Low Income Housing Tax Credit Program and familiarity with state and other federally funded affordable housing finance programs.
• Familiarity with the entitlement process, zoning and planning and challenges for low- income or supportive housing developers.
• Familiarity or interest in issues related to supportive housing including homelessness, low income housing development, finance, state and local housing finance policies, service needs, community development and planning, mental illness, AIDS, harm reduction or public housing.
• Success in building quality teams, trusted relationships and setting and managing performance and mentoring and coaching development partners in the areas of real estate development and housing finance issues.

CSH staff are mission driven, we take initiative, pursue goals with minimal supervision and are adept at managing multiple assignments effectively.

Compensation:

Commensurate with Experience

How to Apply:

Interested in joining our team as a leader in the national supportive housing movement?

To Apply: Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.

https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=93&s...
CSH is proud that it has been and always will be an Equal Opportunity Employer

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