Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise.
Position Summary:
Enterprise Community Investment is seeking an experienced individual with affordable housing and/or LIHTC experience to underwrite low income housing tax credit investments. Extensive knowledge of LIHTC (Low Income Housing Tax Credits) along with strong financial analysis skill is required.
Responsibilities:
- Underwrite tax credit investments as assigned by the Originator including completion of the following underwriting tasks: sponsorship analysis, market analysis, sources and uses and capital structure analysis, income and expense underwriting, and tax credit documentation analysis. As part of processing of each transaction, obtain due diligence materials from client, conduct site visits as needed, review project loan documents and LP agreement for material business terms, participate with the originator in conference calls with the customers, prepare and present requests for investment committee approval including narrative descriptions, charts, graphs and tables illustrating pertinent aspects of the proposed investment.
- Under the direction of the originator, communicate and manage customer expectations through the underwriting process using a positive and proactive approach that will enable repeat origination opportunities.
- Provide regular communication to originator regarding deal underwriting progress including process checklist review, due diligence review, transaction timing, and issue identification timely preparation and regular updates to the Transaction Summary format as required by the originator and the process checklist.
- Assist with and attend deal closings or other customer service coverage enhancement opportunities (if requested by the originator) and help to complete and organize closed deal files for transition to Asset Management.
- Assist with other Syndication priorities as requested (e.g., asset management, investor relations, assistance to other lines of business).
- Participate in and contribute to group meetings and discussions.
- Performs other duties as assigned.
Requirements:
- Bachelor’s degree or in Business, Accounting or Finance, or related field required. Master’s degree preferred.
- 3-5+ years experience real estate finance, affordable housing and/or LIHTC program, apartment market dynamics in both urban and suburban areas, and familiarity with industry policies, issues, and programs
- Extensive knowledge of LIHTC and strong financial analysis skill is required.
- Experience in closing real estate transactions highly preferred
- Ability to manage multiple tasks effectively under significant time pressure to meet closing deadlines
- Extensive Excel modeling skills required. Proficient knowledge of MS Word and Power Point a plus.
- Strong writing /editing skills needed to produce correspondence and reports
- Demonstrated verbal communication and interpersonal skills to represent company to all parties.
- Demonstrates professionalism, diplomacy and composure and is flexible and able to adapt to a variety of situations.
- Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
- Must be highly motivated, be able to work independently, solve problems and possess strong written and oral communication skills.
- Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
- Ability to maintain big picture focus while attending to detailed work and providing thorough documentation.
- Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
- Ability to work evening and weekend hours during peak periods.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/ydc82jp8
Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise
Position Summary:
The Manager, Asset Resolution and Dispositions will provide support for the Asset Resolution and Disposition team, focusing on resolving issues on troubled low income housing investments and effectuating the disposition of investments. The principal goal is to maintain the viability, quality and affordability of Enterprise investment in low income housing properties.
Responsibilities:
- Manage real estate portfolio where Enterprise provides asset management for syndicated funds, focusing on troubled real estate and dispositions;
- Take lead responsibility for completing dispositions of assigned projects in the Enterprise portfolio;
- Develop strategies and effectively negotiate deal terms with general partners, lenders, public sector entities and investors, as needed, to meet Enterprise disposition policies;
- May oversee a small portfolio of Real Estate Owned (REO) properties where an Enterprise entity has assumed a General Partner interest to protect the interests of investors and preserve the housing for the tenants;
- Work with General Partner/Sponsors, funders and regulatory agencies to find solutions to on-going problems; solutions may include removal of property management firms, removal of General Partner entities, restructuring debt;
- Evaluate past, and forecast future property performance, and evaluate performance of its sponsors and management agents;
- Identify, communicate and work to mitigate risks/problems via reporting tools and information gained through communications with general partners, property managers, and via on-site visits; Complete all necessary internal and external reporting requirements;
- Determine property capital needs and funding needs to ensure long term viability of the asset;
- Review appraisals of real estate and partnership interest;
- Conduct project site visits, review property management systems, review organizational systems and provide technical assistance if appropriate;'
- Work with Regional Asset Management team to develop communication strategies with large partners;
- Interface with Regional Asset Management Director during project performance reporting cycles; including standard financial reporting periods;
- Track insurance renewals and real estate tax payments; monitor market conditions;
- Complete internal and external reports accurately and meet all deadlines;
- Interact with Enterprise staff to provide accurate and timely information;
- Conduct training and presentations.
Requirements:
- 5-7+ years’ experience with real estate, housing programs, finance, accounting, law, and/or property management.
- Master’s degree or equivalent is preferred, preferably in real estate, finance, accounting or related field.
- Strong financial analysis skills.
- Familiarity with loan documents, partnership agreements, contracts and other legal documents is required.
- Knowledge of real estate with strong problem solving and negotiating skills are required.
- Knowledge of LIHTC and Salesforce preferred.
- Strong computer skills are required; thorough knowledge of MS Word, MS Excel, and MS Outlook.
- Ability to adjust quickly to changing priorities and circumstances is required.
- Ability to work evening and weekend hours during peak periods is required.
- Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
- Must be highly motivated and able to work independently with a minimum of supervision.
- Must demonstrate strong interpersonal skills working with a wide variety of professional and non-professional personnel.
- Must possess strong written and oral communication skills.
- Able to travel as necessary to accomplish the goals for the position.
- Incumbent is expected to demonstrate strong ethics in interpersonal relations and work as an effective, collaborative team member.
Physical Demands/Working Conditions
- Ability to work under stress/pressure.
- Ability to travel for flights up to 6 hours, or in automobile, or train.
- Ability to climb stairs offsite at project sites.
- When visiting project sites, incumbent may be exposed to varying environmental conditions (e.g. outdoor weather, dirt, dust, and other construction work site hazards).
- Valid driver’s license required.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/yddng3e5
Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise.
Position Summary:
The Asset Manager is responsible for managing a portfolio of loans, which may include the management of troubled loans as well. In particular, the Asset Manager will provide support to Loan Fund’s operations by working closing with the Loan Fund’s Chief Credit Officer (CCO) and Loan Officers to manage relationships with our customers and closely monitor the performance of the loan and underlying project. From time to time, the Asset Manager will be asked to assist the Loan Fund’s Loan Officers with specific underwriting tasks (i.e. financial statement analysis).
Position can be located in Denver, CO; Columbia, MD; or New York City (Financial District)
Responsibilities:
Asset Management
The Asset Manager will report to the Loan Fund’s CCO and will primarily be tasked with working closely with the CCO and the Loan Fund’s Loan Officers to assist with various loan monitoring and compliance tasks for both on- and off-balance sheet loans and relationships. These tasks may include but not be limited to the following: completing portfolio reviews; providing financial analysis of existing sponsors; tracking and reviewing loans for covenant compliance; working with Loan Fund staff to review and track draw requests for construction projects; negotiating and closing loan modifications; drafting simple modifications as requested; developing and implementing workout plans for trouble loans as necessary; completing quarterly reports on troubled loans; and performing site visits.
Loan Underwriting & Originations
The Asset Manager may periodically be tasked to work with the Loan Officers on underwriting tasks for loan packages that may include but not be limited to performing financial analysis of both for- and non-profit sponsors and/or borrowers, completing 3rd party reviews, and performing site visits. In addition, the Asset Manager may be tasked to underwrite transactions on an individual basis, as necessary.
Other Duties as Assigned
From time to time, the Asset Manager carries out other responsibilities as assigned such as assisting with the development of new programs and/or product initiatives, investor requests, or other special requests as applicable.
Requirements:
- At a minimum 5 years of work experience and an undergraduate degree in business, finance, real estate, urban planning or related field is required.
- Experience with managing a portfolio of real estate based loans for a financial institution with an emphasis on multifamily housing.
- Knowledge of community facility loans such as charter schools and health centers is desired.
- Experience with loan workouts is preferred.
- Proficiency in analyzing financial statements of nonprofit and for-profit organizations'
- Experience with reviewing appraisals and real estate proformas, especially for rental housing and community facilities.
- Knowledge of the closing process and loan documents utilized in real estate transactions.
- Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
- Experience working with both private sector financial institutions and public agencies.
- Excellent written and verbal communication skills are required.
- Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
- Excellent skills in managing multiple tasks while exhibiting a strong attention to detail.
- Ability to work effectively in a team environment.
- Ability to travel up to 20%.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/ybkks7mb
Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise.
Position Summary:
The Asset Manager is responsible for managing a portfolio of loans, which may include the management of troubled loans as well. In particular, the Asset Manager will provide support to Loan Fund’s operations by working closing with the Loan Fund’s Chief Credit Officer (CCO) and Loan Officers to manage relationships with our customers and closely monitor the performance of the loan and underlying project. From time to time, the Asset Manager will be asked to assist the Loan Fund’s Loan Officers with specific underwriting tasks (i.e. financial statement analysis).
Position can be located in Denver, CO; Columbia, MD; or New York City (Financial District)
Responsibilities:
Asset Management
The Asset Manager will report to the Loan Fund’s CCO and will primarily be tasked with working closely with the CCO and the Loan Fund’s Loan Officers to assist with various loan monitoring and compliance tasks for both on- and off-balance sheet loans and relationships. These tasks may include but not be limited to the following: completing portfolio reviews; providing financial analysis of existing sponsors; tracking and reviewing loans for covenant compliance; working with Loan Fund staff to review and track draw requests for construction projects; negotiating and closing loan modifications; drafting simple modifications as requested; developing and implementing workout plans for trouble loans as necessary; completing quarterly reports on troubled loans; and performing site visits.
Loan Underwriting & Originations
The Asset Manager may periodically be tasked to work with the Loan Officers on underwriting tasks for loan packages that may include but not be limited to performing financial analysis of both for- and non-profit sponsors and/or borrowers, completing 3rd party reviews, and performing site visits. In addition, the Asset Manager may be tasked to underwrite transactions on an individual basis, as necessary.
Other Duties as Assigned
From time to time, the Asset Manager carries out other responsibilities as assigned such as assisting with the development of new programs and/or product initiatives, investor requests, or other special requests as applicable.
Requirements:
- At a minimum 5 years of work experience and an undergraduate degree in business, finance, real estate, urban planning or related field is required.
- Experience with managing a portfolio of real estate based loans for a financial institution with an emphasis on multifamily housing.
- Knowledge of community facility loans such as charter schools and health centers is desired.
- Experience with loan workouts is preferred.
- Proficiency in analyzing financial statements of nonprofit and for-profit organizations
- Experience with reviewing appraisals and real estate proformas, especially for rental housing and community facilities.
- Knowledge of the closing process and loan documents utilized in real estate transactions.
- Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
- Experience working with both private sector financial institutions and public agencies.
- Excellent written and verbal communication skills are required.
- Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
- Excellent skills in managing multiple tasks while exhibiting a strong attention to detail.
- Ability to work effectively in a team environment.
- Ability to travel up to 20%.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/y84hysch
Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise
Position Summary:
The Asset Manager is responsible for managing a portfolio of loans, which may include the management of troubled loans as well. In particular, the Asset Manager will provide support to Loan Fund’s operations by working closing with the Loan Fund’s Chief Credit Officer (CCO) and Loan Officers to manage relationships with our customers and closely monitor the performance of the loan and underlying project. From time to time, the Asset Manager will be asked to assist the Loan Fund’s Loan Officers with specific underwriting tasks (i.e. financial statement analysis).
Position can be located in Denver, CO; Columbia, MD; or New York City (Financial District)
Responsibilities:
Asset Management
The Asset Manager will report to the Loan Fund’s CCO and will primarily be tasked with working closely with the CCO and the Loan Fund’s Loan Officers to assist with various loan monitoring and compliance tasks for both on- and off-balance sheet loans and relationships. These tasks may include but not be limited to the following: completing portfolio reviews; providing financial analysis of existing sponsors; tracking and reviewing loans for covenant compliance; working with Loan Fund staff to review and track draw requests for construction projects; negotiating and closing loan modifications; drafting simple modifications as requested; developing and implementing workout plans for trouble loans as necessary; completing quarterly reports on troubled loans; and performing site visits.
Loan Underwriting & Originations
The Asset Manager may periodically be tasked to work with the Loan Officers on underwriting tasks for loan packages that may include but not be limited to performing financial analysis of both for- and non-profit sponsors and/or borrowers, completing 3rd party reviews, and performing site visits. In addition, the Asset Manager may be tasked to underwrite transactions on an individual basis, as necessary.
Other Duties as Assigned
From time to time, the Asset Manager carries out other responsibilities as assigned such as assisting with the development of new programs and/or product initiatives, investor requests, or other special requests as applicable.
Requirements:
- At a minimum 5 years of work experience and an undergraduate degree in business, finance, real estate, urban planning or related field is required.
- Experience with managing a portfolio of real estate based loans for a financial institution with an emphasis on multifamily housing.
- Knowledge of community facility loans such as charter schools and health centers is desired.
- Experience with loan workouts is preferred.
- Proficiency in analyzing financial statements of nonprofit and for-profit organizations
- Experience with reviewing appraisals and real estate proformas, especially for rental housing and community facilities.
- Knowledge of the closing process and loan documents utilized in real estate transactions.
- Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
- Experience working with both private sector financial institutions and public agencies.
- Excellent written and verbal communication skills are required.
- Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
- Excellent skills in managing multiple tasks while exhibiting a strong attention to detail.
- Ability to work effectively in a team environment.
- Ability to travel up to 20%.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/y8jd7bys
Background:
Enterprise’s mission is to create opportunity for low- and moderate-income people through affordable housing in diverse, thriving communities. We are driven by our mission, fueled by business discipline and sustained by donors and investors. Since 1982, Enterprise has worked with partners in communities nationwide. One of America’s original social enterprises, we bring together the people and resources to create affordable housing in strong neighborhoods. Within Enterprise are entities that lend funds, finance development and manage and build affordable housing. To date, Enterprise has invested $18.6 billion, helping to create nearly 340,000 homes and touched millions of lives. In fact, every day someone moves into a better place to live thanks to Enterprise.
Position Summary:
The Sr. Portfolio Associate is responsible for a variety of tasks associated with the management of the Loan Fund’s lending activities including loan closings, loan servicing, and program management of a portfolio with a range of loan types (predevelopment, acquisition, construction and permanent loans) and diverse projects (affordable housing, charter schools, health care facilities and other community development projects). The position involves a combination of loan closing, servicing, and reporting duties as outlined below.
The position requires a high degree of self-motivation, dedication, and flexibility with time and willingness to accept a demanding (and personally satisfying) position.
Responsibilities:
Loan Closing
In collaboration with the Lenders, the Sr. Portfolio Associate will participate in the loan closing process from loan approval through closing. The Sr. Portfolio Associate is responsible for entering and maintaining loan data systems. The Sr. Portfolio Associate will prepare and maintain loan closing checklists along with Legal and ensure all loan closing conditions have been met and approved by the appropriate authorized parties. The Sr. Portfolio Associate will review draft loan documents to ensure accurate implementation of key loan terms per the loan approval. The Sr. Portfolio Associate will review insurance policies to ensure that they meet Loan Fund’s Lending Standards and Guidelines. The Sr. Portfolio Associate will communicate to the Lenders any documentation issues that have the potential to negatively impact the loan closing or the future asset management of the loan.
The Sr. Portfolio Associate will work with the Accounting and Capital Management staff to set-up new loans and Programs in the Loan Fund’s lending data bases. The Sr. Portfolio Associate is responsible for coordinating funds for disbursement required at loan closing with Capital Management, Accounting, and third-party lenders, as necessary.
Loan Monitoring/Servicing
The Sr. Portfolio Associate is responsible for servicing and monitoring a portion of Loan Fund’s “on” and “off balance sheet” loans. Duties related to this activity include, but are not limited to: processing monthly draw requests for construction and non-construction loans; maintaining project budgets; monitoring and/or following up on loan reporting and other milestones need to keep the loan in compliance; ongoing file maintenance; updating loan information in Loan Fund’s lending databases; processing loan payoffs; and archiving records. In addition, the Sr. Portfolio Associate will assist the Lenders and Chief Credit Officer with processing loan modifications.
Program Management
The Sr. Portfolio Associate carries out other responsibilities as assigned including but not limited to assisting with the administration of specific lending programs, developing reports, administering lender pools, selling participations in loans, and implementation of lending databases.
Requirements:
- A minimum two-year associate’s degree
- 7-10+ years’ experience in loan administration and loan monitoring/servicing
- Program Management experience
- Knowledge of real estate and construction lending
- Knowledge of affordable housing and community development loans
- General knowledge of corporate and real estate insurance
- Strong written and verbal communication skills
- Ability to work well in a team environment is essential.
- Excellent customer service skills
- 'Ability to prioritize and manage multiple competing tasks while maintaining a high degree of attention to detail is essential
- Strong computer aptitude, including knowledge of Microsoft Office Suite Programs, Office 365 and other database software.
Qualifications/Skills Preferred
Knowledge of SalesForce and/or Precision LM (LMS) systems is a plus.
Compensation:
DOE
How to Apply:
Please apply online: https://tinyurl.com/ycvd7js9
Background:
Want to make a difference? Fahe is on a mission to eliminate persistent poverty in Appalachia. Our Network of 50+locally rooted nonprofits is building stronger communities for families to prosper. Since our inception in 1980, the Fahe Network has served more than 450,000 people, made $703.5 million in direct investments, and achieved a total cumulative financial impact of over a billion dollars in Appalachia.
Position Summary:
Fahe seeks a creative thinker to serve on the frontlines of our mission to eliminate persistent poverty in Appalachia. The Research Director will design and conduct research around Fahe’s strategic charges: Leadership, Housing, Education, Health & Well-Being, and Economic Opportunity. The candidate will analyze and collate information, determine what is most important, and ensure that Fahe remains ahead of national trends and shapes the trajectory of our work accordingly.
The ideal candidate will work well independently to:
- continually pose and re-envision the guiding questions that direct Fahe’s research and strategic direction,
- develop and conduct research with appropriate analysis and subsequent reporting on interpretations of the data,
- identify and acquire data (internal and external) needed to support Fahe’s narrative and impact, and
- develop and curate a repository of research literature.
The candidate must be equally strong at working with others, as they will be expected to
- prioritize and cull out the most important peer-reviewed findings from research and package them to the management team in a non-academic, practice-focused way,
- strategically interweave data and research (internal and external) with Fahe’s stories, impact, and organizational narrative to support advocacy, communication, and development.
- develop and present plans to translate research findings into practice, policy, or further research in response to data measurements and outcomes.
A successful Research Director will be forward-thinking, fluent in the language of social science research, a superb communicator, knowledgeable about the markets where Fahe works, and ready to shape Fahe’s organizational goals through hard work and creative thinking. The Research Director will, as all employees do, promote the mission of the organization, and seek to identify and research opportunities for Fahe and our partners on the ground to address those circumstances that perpetuate poverty.
Responsibilities:
- Track, develop recommendations, and otherwise respond to trends as they pertain to rural America and Central Appalachia.
- Conduct high-quality research and analysis to develop Fahe’s understanding of trends, issues, and opportunities around Leadership, Housing, Education, Health & Social Services, and Economic Opportunity.
- Develop a repository of research/literature applicable to Fahe’s charges and key audiences.
- Develop and present plans to translate research into practice, policy, and/or further research.
- Collaborate with colleagues and provide leadership around how Fahe collects, organizes, and analyzes data.
Requirements:
- Ability to design and conduct research and analysis
- Experience with program evaluation
- Experience with research design and execution
- Excellent writing skills and the ability to write clearly for multiple audiences
- Strong interpersonal communication skills and the capacity to work constructively in teams
- Fluent in social science research methods
- Knowledge of implementation and translational sciences
- Creative thinking skills needed to devise new ways to carry out tasks, solve problems, and meet challenges
- Detail-oriented
- Ability to work with minimal supervision
- Residence in the Appalachia and the ability to travel frequently to Berea and many other communities within the region
- Passion for service, the future of Appalachia, low income people, and Fahe’s mission
Preferred Education and Experience:
- Master’s Degree in related field. For example: social work, sociology, community development, community leadership, public health, public administration, anthropology.
- Three years of experience in research or related work.
- Experience working in Central Appalachia or rural America.
- Experience with nonprofit organizations.
Experience with infographics and the creation of visual materials.
Compensation:
TBD
How to Apply:
Fahe is an Equal Opportunity Employer seeking applicants who can bring diverse viewpoints, experience, talents, and culture to promote our organization’s mission of eliminating persistent poverty in Appalachia. We offer a diverse work environment with competitive salaries and excellent benefits. Visit www.fahe.org to learn more about Fahe.
Qualified candidates may submit a resume or curriculum vita, writing sample (e.g. research report, academic paper, grant proposals), salary requirements, and cover letter to hr@fahe.org or mail to Fahe/ATTN: Human Resources; 319 Oak Street; Berea, KY 40403.
Background:
Seaway has an opening for a President, Seaway Division in Chicago, IL. If you would like to know more about this opportunity, please contact Al Bass. If you are interested in applying for this position, please submit your resume and cover letter describing why you are a fit for this position to hiringmanager@self-help.org. Applications must be received by January 19, 2018 to ensure consideration. Applications received after this date may or may not be considered, depending on the applicant pool. The position will remain posted until filled. You can view the full job description below.
As always, you can view all of our openings on OurNet. This job is open to both internal and external candidates. If you know a qualified candidate, please refer them to the Careers page on the Self-Help website. Referrals are always appreciated!
Once the largest African-American owned bank in the Midwest, Seaway had served communities in south and west Chicago as well as Milwaukee since 1965. Self-Help assumed management of Seaway's branch network and deposits in May 2017. Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
The President of the Seaway Division is Self-Help Credit Union's leader and institutional representative in the Seaway market, with overall leadership responsibilities for the Seaway division. This position reports to the Self-Help's EVP and works closely with Self-Help's national leadership team.
The President directs Seaway division activities in accordance with the vision and strategic direction set for the institution. This leader is responsible for ensuring that the division meets its member service, lending, growth, operational and financial performance goals.
Essential Responsibilities:
COMMUNITY ENGAGEMENT/EXTERNAL RELATIONS
- Represent Seaway to external stakeholders, including other financial institutions, community- based organizations, public officials and the media.
- Participate in community and other public events on behalf of Seaway.
- Be accessible to Seaway membership, and organize and attend member-focused events.
Responsibilities:
STRATEGIC PARTNERSHIP AND PRODUCT DEVELOPMENT
- Build on Seaway’s strategic partnerships, identifying opportunities for organizations to work together to benefit the communities and families they serve.
- Develop additional partnerships/alliances that support Seaway’s vision and strategic direction and enhance its ability to serve its members.
- Work with Seaway and other Self-Help staff to enhance existing or create new financial services/products to better serve Seaway’s target market(s).
BUSINESS DEVELOPMENT AND GROWTH MANAGEMENT
- Promote the growth of Seaway’s residential mortgage and other lending businesses.
- Support branches in their work to grow members and deposits.
- Work with the Seaway staff to develop local marketing and outreach programs and initiatives, consistent with strategic direction.
GENERAL MANAGEMENT
- Direct day-to-day credit union operations including supervising branch managers and leaders of the loss mitigation and loan servicing groups.
- Ensure that Seaway Division operates in an efficient, sound way and in full compliance with all Self-Help Credit Union policies and procedures.
PLANNING AND REPORTING
- Set annual goals for Seaway’s performance in collaboration with other Seaway managers and the Self-Help Credit Union leadership.
- Report periodically on performance against goals
Requirements:
Minimum Qualifications:
- Bachelor's degree. Minimum of 5 years in banking or credit union industry with some lending experience
- Minimum of 5 years of cross-functional management experience.
- Ability to analyze financial statements and other financial performance reports.
- Experience working in and serving African-American communities.
- Proven track record in building strategic working relationships and partnerships that produce tangible results.
- Creative thinker with demonstrated ability to convert vision into action.
- Demonstrated ability to effectively lead, manage and develop staff.
Desired Qualifications:
- Advanced degree in business, finance or community development.
- Knowledge of local market and customer base served by Seaway.
- Experience in consumer financial services marketing.
Physical Requirements:
Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 10 pounds.
Compensation:
Competitive nonprofit salary, based on experience, plus a generous benefits package.
How to Apply:
To apply, send resume and cover letter, including salary expectations and a description of why you are a fit for this position, to hiringmanager@self-help.org. Please include the position title as the subject. Application must be received by January 19, 2018 to ensure consideration. Applications received after this date may or may not be considered, depending on the applicant pool. The position will remain posted until filled.
Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, gender, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation
Background:
Self-Help has an opening for a Senior Capitalization Associate in Durham, NC. If you would like to know more about this opportunity, please contact Amanda Frazier Wong. If you are interested in applying for this position, please submit your resume and cover letter describing why you are a fit for this position to hiringmanager@self-help.org. The position will remain posted until filled. You can view the full job description below.
As always, you can view all of our openings on OurNet. This job is open to both internal and external candidates. If you know a qualified candidate, please refer them to the Careers page on the Self-Help website. Referrals are always appreciated!
The Organization:
Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
Self-Help is seeking a Senior Capitalization Associate to join our team in Durham, NC. The Senior Capitalization Associate is responsible for raising debt and equity to support Self-Help’s mission driven programs and growth, including identifying opportunities, preparing proposals, and negotiating terms and conditions. This position will also manage funder relationships, including completing routine funder reporting and serving as an ambassador of Self-Help at industry conferences and meetings and will build systems and coordinate staff teams to accomplish capitalization goals.
Essential Responsibilities:
Lead and support fundraising activities to raise needed capital for Self-Help’s mission driven initiatives including:
- Developing new funding opportunities with banks, foundations, insurance companies, etc.
- Investigating funding opportunities with active and potential funders
- Preparing proposals for debt and equity opportunities
- Negotiating terms and conditions with funders
- Managing or leading complex finance closing processes
Foster funding and partnership opportunities including:
- Maintaining relationships with active funders
- Supporting event planning and implementation
- Attending industry conferences and meetings to provide greater exposure of Self-Help to potential funders and the CDFI industry and to learn from industry best practices.
Ensure funder compliance and reporting requirements are met including:
- Documenting and tracking commitments to active funders
- Preparing quarterly and annual reports for active funders
- Providing support for in-depth annual reviews and audits
- Support or manage program compliance on various funding awards.
Monitor program team activities and funding needs to ensure actions are consistent with funding and board direction.
Support program teams in generating high quality program information and managing program compliance on various funding awards.
Perform other duties as may be deemed necessary.
Minimum Qualifications:
- Undergraduate degree or equivalent relevant experience.
- 5 years of financial management, legal, program management, lending or capitalization experience.
- Experience in negotiating terms of legal agreements.
- Ability to learn and effectively present Self-Help’s financial position and mission impacts.
- Ability to dissect and prioritize value of funding opportunities
- Ability to manage internal working groups to determine funding priorities.
- Ability to develop and maintain credible and trusting relationships with internal and external partners.
- Strong ability to promote Self-Help through writing, presentations and networking
- Ability to effectively plan, organize and prioritize multiple tasks and/or projects to meet deadlines.
- Ability to self-motivate, identify challenges and opportunities and coordinate team responses.
- Keen attention to detail and accuracy.
- Proficiency in Microsoft programs including Word, Excel and PowerPoint.
- Ability and willingness to travel up to 20%.
Desired Qualifications:
- Graduate degree.
- 10+ years’ experience of financial management, legal, program management, lending or capitalization experience.
- Experience working in the community development sector, in the CDFI industry, and/or with tax credit programs.
- Knowledge of accounting, ability to read and analyze financial statements required and ability to create and interpret financial projections.
Physical Requirements:
- Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 10 pounds.
Responsibilities:
Essential Responsibilities:
Lead and support fundraising activities to raise needed capital for Self-Help’s mission driven initiatives including:
- Developing new funding opportunities with banks, foundations, insurance companies, etc.
- Investigating funding opportunities with active and potential funders
- Preparing proposals for debt and equity opportunities
- Negotiating terms and conditions with funders
- Managing or leading complex finance closing processes
Foster funding and partnership opportunities including:
- Maintaining relationships with active funders
- Supporting event planning and implementation
- Attending industry conferences and meetings to provide greater exposure of Self-Help to potential funders and the CDFI industry and to learn from industry best practices.
Ensure funder compliance and reporting requirements are met including:
- Documenting and tracking commitments to active funders
- Preparing quarterly and annual reports for active funders
- Providing support for in-depth annual reviews and audits
- Support or manage program compliance on various funding awards.
Monitor program team activities and funding needs to ensure actions are consistent with funding and board direction.
Support program teams in generating high quality program information and managing program compliance on various funding awards.
Perform other duties as may be deemed necessary.
Requirements:
Minimum Qualifications:
- Undergraduate degree or equivalent relevant experience.
- 5 years of financial management, legal, program management, lending or capitalization experience.
- Experience in negotiating terms of legal agreements.
- Ability to learn and effectively present Self-Help’s financial position and mission impacts.
- Ability to dissect and prioritize value of funding opportunities.
- Ability to manage internal working groups to determine funding priorities.
- Ability to develop and maintain credible and trusting relationships with internal and external partners.
- Strong ability to promote Self-Help through writing, presentations and networking
- Ability to effectively plan, organize and prioritize multiple tasks and/or projects to meet deadlines.
- Ability to self-motivate, identify challenges and opportunities and coordinate team responses.
- Keen attention to detail and accuracy.
- Proficiency in Microsoft programs including Word, Excel and PowerPoint.
- Ability and willingness to travel up to 20%.
Desired Qualifications:
- Graduate degree.
- 10+ years’ experience of financial management, legal, program management, lending or capitalization experience.
- Experience working in the community development sector, in the CDFI industry, and/or with tax credit programs.
- Knowledge of accounting, ability to read and analyze financial statements required and ability to create and interpret financial projections.
Physical Requirements:
- Frequently requires use of manual dexterity and repetitive motions, primarily with the wrists, hands, and/or fingers. Must be able to occasionally lift and exert force of up to 10 pounds.
Compensation:
Competitive nonprofit salary, based on experience, plus a generous benefits package.
How to Apply:
To apply, send resume and cover letter, describing why you would like and are a fit for this position, to hiringmanager@self-help.org. Please include the position title as the subject. Applications will be considered until the position is filled.
Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, gender, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.
Background:
The Business Center for New Americans (BCNA) is a 501(c)(3) non-profit that creates a pathway to self-sufficiency for immigrant and refugee entrepreneurs in New York City by providing access to affordable credit, empowering them with financial education, and offering training in best business practices and technology. BCNA is a Small Business Administration (SBA) Approved Microloan Intermediary Lender and certified as a Community Development Financial Institution (CDFI) by the CDFI Fund at the US Department of Treasury. As of December 31, 2017, we have made over $19 million in microloans ,which range from $500 to $50,000. We also have an Individual Development Account (IDA) Program and a First Home Program. More information is available at www.nybcna.org.
Position Summary:
BCNA is currently looking to expand our lending services and is in search of a Supervising Lending Officer in the Jackson Heights,Queens office. The ideal candidate is someone who is self-motivated, enjoys teamwork and has the ability to work with staff to improve an existing loan program and take it to the next level of excellence.
Reporting to the Director of Lending, the Supervising Lending Officer will develop and implement the strategy for business growth of BCNA’s microloan program that helps beginning and under-served micro and small business entrepreneurs by providing access to larger micro-loans and SBA CA loans. The goal of the program is to help borrowers increase assets, income, and independence through their successful ownership of businesses.
The primary responsibilities of this position are to assist in the promotion, analysis, loan packaging, and underwriting of BCNA’s SBA CA loans and to lead business development and post loan follow-up with the business owners who received the loans.
The position will supervise three staff in BCNA’s Queens office and also assist the Director of Lending (located in the Manhattan Headquarters office) to build the capacity of BCNA's Micro Loan Program to provide larger micro-loans to all eligible entrepreneurs in NYC.
Responsibilities:
- Function as a Senior Loan officer for larger microloans and SBA CA loans with additional supervisory responsibility in the Queens office.
- Prepare comprehensive credit memoranda for Loan Committee review, based on loan application data and other pertinent information collected from the loan applicant(s) as well as other sources.
- Prepare spreadsheets and analyze loan client financial statements and tax returns using internal computer systems and files.
- Ensure that all credit memoranda are accurate and complete with proper loan structuring, identify risk analysis and risk mitigation strategies, and adhere to BCNA’s Loan Policy and Procedures.
- Lead business development and post-loan follow-up with the business owners who received the loans.
- Follow department procedures for maintaining accurate client financial statements / tax returns, follow up for annual renewals and update requirements as defined in Loan Policy and Procedures or as required.
- Support Director of Lending with maintenance and updates to Loan Policy and Procedures manual regarding SBA CA loans.
- Attend Loan Committee meetings and, as needed, participate in credit discussions with Loan Committee members.
- Attend events to promote BCNA’s loan products.
Requirements:
- Minimum five years work experience including two years in credit analysis of commercial loans in a non-profit or for-profit environment. Supervisory experience preferred.
- Bachelor’s degree, preferably in business, or equivalent related work experience
- Ability to work in a multicultural environment; commitment to working with refugees and immigrants.
- Strong English verbal and written communications skills; editing skills. Proficiency in a second language a plus.
- Strong knowledge of credit principles, policies, practices, financial / cash flow analysis and current lending regulations. Excellent mathematical and analytical skills. Excellent computer skills, including strong proficiency in Word and Excel.
- Ability to work with internal and external contacts in a professional manner, to maintain confidentiality and to coordinate and prioritize to meet specified deadlines.
- Knowledge of NYC with willingness and ability to travel to engage in marketing and outreach activities. Normal office hour are 9:00 a.m. to 5:00 p.m. May occasionally be expected to work some evenings and occasional weekend days to attend meetings, seminars and community events and travel for multi-day conferences.
Compensation:
Salary range: $70,000-$80,000 depending on experience and qualifications.
Benefits: Competitive benefits package including three weeks vacation with increase to four weeks after one year; twelve paid holidays, eight sick days ,two personal days; medical and dental insurance; 403(b) Plan.
How to Apply:
Please send resume including cover letter to hr@nybcna.org. Specify Lending/Opportunity Finance Network in subject line.
