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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. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

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

Part Time Bilingual Member Services Representative Self-Help Credit Union
Wilson, NC
Job Function: Financial Services
Posted: September 11, 2017

Background:

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 Member Services Representative (MSR) to work in our Wilson branch.  The MSR will serve as a liaison between the member and the credit union, provide account information by phone or in person, as well as information on the full range of credit union products and services, open accounts for members, resolve issues, and professionally handle the member’s daily needs, and provide a variety of transactional services to members.

Responsibilities:

  • Greet and welcome members and visitors to the credit union in a friendly and professional manner. Provide prompt, efficient and accurate service in the processing of transactions.
  • Perform account transactions and maintenance as authorized, including processing share deposit payments, loan payments, CD transactions, lines of credit advances, and account transfers; disbursing cash and check withdrawals; monitoring receipts, counting cash and performing reconciliations; adding joint owners, completing address changes and competing any other necessary teller functions.
  • Provide general and specific service-related information concerning credit union services or policies in-person or by-telephone.
  • May respond to email or other electronic requests submitted by members providing professional prompt, efficient, and accurate service and information.
  • Respond to members’ requests, problems, and complaints and/or direct them to the appropriate person for specific information and assistance.
  • Promote credit union products and services based on member’s needs.
  • May open new accounts, and service existing accounts. Set up new account files, and provide members with all necessary information for membership, including advising and assisting members with new and existing products and services.
  • Refer loan product inquiries to Loan Officer.
  • May be required to work the call center, periodically handling transactions and responding to member inquiries by phone. 
  • Provide information on deposit alternatives to members wishing to place funds with the credit union.
  • Serve as back-up to MSR II for opening and closing member accounts.  
  • Open, close and balance cash drawer daily. Maintain drawer cash levels within prescribed amounts.
  • Enter night, ATM and mail deposits. 
  • Research accounts for deposit, withdrawal, and loan-payment discrepancies.
  • Assist members with balancing accounts, completing payroll deduction and direct deposit cards.
  • Other duties, responsibilities, and projects as assigned.

Requirements:

Minimum Qualifications:

  • High school diploma or equivalent and 1 to 2 years of experience in banking or retail. 
  • Attention to detail.
  • Ability to effectively organize and prioritize work.
  • Excellent interpersonal skills.
  • Ability to form and maintain strong relationships with internal and external customers.
  • Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
  • Knowledge of basic economic and accounting principles and practices, the financial markets and banking.
  • Analytical and problem solving skills.
  • Ability to use keyboard and data entry skills.  
  • May be required to travel to cover other branches. May be required to travel to cover other branches
  • English/Spanish fluency is required

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.

How to Apply:

To apply, send resume and cover letter, describing why you are a fit for this position, to hiringmanager@self-help.org. Please include the position title as the subject. 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.

1722 Mortgage Credit Analyst Self-Help
Charlotte, NC
Job Function: Lending/Loan Operations
Posted: September 11, 2017

Background:

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 looking for a candidate for its Mortgage Credit Analyst position. The selected candidate will exhibit a strong commitment to helping others, including low-wealth borrowers who have been underserved by traditional financial institutions in the past. The Mortgage Credit Analyst will work with customers to help them progress from the mortgage application through closing and will have a direct and positive impact on the lives of the borrowers we serve.  The ideal candidate will be detail-oriented, analytic and self-motivated.

More specifically, the Mortgage Credit Analyst will work with borrowers, loan officers and underwriters to obtain accurate and timely information to help our borrowers successfully move through the mortgage application process. The Mortgage Credit Analyst will analyze documents and the mortgage loan structure to ensure adherence to product and regulatory guidelines.

Responsibilities:

Duties include verifying and analyzing borrower information, conducting quality control on loan origination system, serving as primary contact for borrowers and loan officers regarding loan status, as well as other duties as may be deemed necessary.

Requirements:

Bachelor’s degree and two (2) to three (3) years mortgage or related experience; or an equivalent combination of education and experience

  • Excellent written and verbal communication skills
  • Ability to work well with others and as part of a team
  • Basic knowledge of financial analysis and financial reporting
  • Proficiency with Microsoft Word and Excel

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 are a fit for this position, to hiringmanager@self-help.org. Please include the position title as the subject.  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.

Internal Business Development Officer CDC Small Business Finance
San Diego, CA
Job Function: Business Development
Posted: September 6, 2017

Background:

CDC Small Business Finance (CDC) is a national leader in mission based lending to small business owners. Through its nearly 40 years in business, the not-for-profit has established itself as the largest SBA 504 lender and the largest SBA Community Advantage lender in the U.S.A. CDC is aggressively expanding its program offerings and services in non SBA product lines with a continued emphasis on creating jobs and success for entrepreneurs. CDC is looking for proactive, performance oriented professionals through this growth phase. We offer a competitive compensation plan, excellent benefits and a work culture that is second-to-none.

Position Summary:

The Internal Business Development Officer (BDO) reports directly to the Vice President of Sales and pre-qualifies loan prospects referred from external sources and economic development partnerships. The goal of this position is to generate a stable volume of prequalified loan leads that will be referred to other Smart Growth Business Product team members for further review. The Internal BDO also actively works with external vendors that are critical to their ability to secure loan prospect referrals.

 

Responsibilities:

  • Active contact and prospect management with inquiries received through multiple customer acquisition channels
  • Promptly contact prospects to outline CDC products and collect necessary information required for a loan prequalification
  • Using CDC tools, create spreadsheet based credit analysis and program eligibility assessments based on loan request and borrower criteria
  • Effectively communicate with potential borrowers to ensure those that are likely qualified will remain interested in CDC products. Assess those that are not likely qualified as potential prospects for business advising and refer accordingly
  • Prepare reports and assist on special projects as needed
  • Work closely with external vendors and referral sources to maximize viable lead generation

Requirements:

  • Bachelor’s Degree with a major in business, finance or marketing related studies
  • Minimum 2 years work experience, preferably in finance, lending or small business advising
  • Intermediate or advanced computer skills
  • Excellent customer relationship management skills
  • Strong writing skills
  • Dedicated, motivated team player
  • Customer service focused
  • Comfortable working with and creating basic financial reports
  • Ability to work on multiple files and projects effectively
  • Detail oriented
  • Self-motivated, takes initiative, solves problems
  • Bi-lingual (Spanish) a plus
  • Some experience in finance/lending work or university related

Compensation:

Salary base plus commission

How to Apply:

Please visit www.cdcloans.com or select the link Internal-Business-Development-Officer

Senior Policy Analyst NALCAB - National Association for Latino Asset Builders
Washington, DC
Job Function: Advocacy/Policy
Posted: September 6, 2017

Background:

The National Association for Latino Community Asset Builders (NALCAB) represents and serves 100+ nonprofit organizations across the nation, which includes real estate developers, business lenders, economic development corporations, credit unions, and consumer counseling agencies. NALCAB implements responsible, market-based strategies for strengthening underserved communities, rebuilding the ladder of economic mobility for low- and moderate-income Americans and supporting the economic integration of immigrants through equitable neighborhood development, investing in small business and building family financial wellness. In close alignment with its core programmatic activities, NALCAB operates a fellowship to invest in next-generation leadership within its Network, hosts a national conference and implements a training institute focused on culturally and linguistically relevant asset building services.

Position Summary:

The Senior Policy Analyst is responsible for leading several key policy priorities for NALCAB including small business, community lending, consumer finance, and other policies related to asset-building.  The Senior Policy Analyst reports to the Director of Federal Affairs and assists in the daily execution of NALCAB’s federal policy strategy.  The candidate will coordinate with national partners and coalition members as well as meet with elected officials, Congressional staff, and federal agencies on behalf of NALCAB and its membership. Utilizing NALCAB's Policy Strategic Plan with guidance from NALCAB's board of directors' Policy Committee, the Senior Policy Analyst will keep track of potential legislation and regulatory changes that will impact its members and the mission of the organization.

 

Responsibilities:

Essential Duties and Responsibilities: 

Including the following.

  • Track regulations and proposed legislation that affect small business, community lending, consumer finance, and other policies related to asset-building
  • Participate and take a leadership role in coalitions or campaigns in listed key priority areas
  • Seek input and develop policies in listed key priority areas with NALCAB senior management, staff, membership, and partners
  • Oversee the development of policy briefs, webinars, policy position materials, and case studies and other material to inform NALCAB members in listed key priority areas
  • Lead advocacy efforts with government representatives, federal agencies, and others with an emphasis on the U.S. Congress and the Administration including coordinating NALCAB member visits and NALCAB’s Advocacy Day.
  • Cultivate, engage, and educate policymakers and decision-makers on our key policy priorities including proposed regulations, legislation, appropriations, testimony and other written materials
  • Prepare comment letters in response to proposed regulatory changes that affect NALCAB’s policy agenda.
  • Participate in NALCAB’s National Conference planning as well as related conferences seeking to raise the profile of NALCAB’s policy profile priorities including moderating speaking, or developing sessions.
  • Other related duties as assigned.

Requirements:

Competencies:

To perform the job successfully, an individual should demonstrate the following competencies:

  • Leadership – Exhibits confidence in self and others; inspires and motivates other to perform well; effectively influence actions and opinions of other; accepts feedback from others; gives appropriate recognition to others.
  • Visionary Leadership – Displays passion and optimism; inspires respect and trust; mobilizes other to fulfill the vision; provides vision and inspiration to peers and subordinates.
  • Strategic Thinking – Develops strategies to achieve organizational goals; understands organization’s strength & weaknesses; analyzes market and competition; identifies external threats and opportunities; adapts strategy to changing conditions.

Qualifications:

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

  • Minimum five years’ experience in federal policy development or advocacy in related non-profit including but not limited to: economic development, small business, consumer finance or related policy area
  • Capitol Hill experience preferred
  • Bachelor’s degree required; Master’s degree preferred in Public Policy, Urban Planning, or related field
  • Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively interface with leadership and NALCAB members.
  • Extensive successful writing and editing experiences with a variety of print and online communications media.
  • Demonstrated skill and comfort in proactively building relationships with nonprofit, elected officials and public sector leaders.

Compensation:

Annual Salary

How to Apply:

To respond to this opportunity, please email resume to: jobs@nalcab.org 

Also please add Senior Policy Analyst Position in the subject line.

 

Executive Director Community Business Partnership
Springfield, VA
Job Function: Other
Posted: August 30, 2017

Background:

George Mason University and Community Business Partnership (CBP) are seeking an Executive Director for CBP. George Mason University has a strong institutional commitment to the achievement of excellence and diversity among its faculty and staff, and strongly encourages candidates to apply who will enrich Mason’s academic and culturally inclusive environment. 

About the Community Business Partnership:

Created in 1995, Community Business Partnership (CBP) is a nonprofit, 501©(3) tax-exempt organization whose mission is to foster economic development through the start-up and growth of small businesses. CBP is a program of George Mason University operating within the Mason Enterprise Center organization that reports to the Office of Entrepreneurship and Innovation.

In 1995, Fairfax County, George Mason University, Fairfax County Small Business Commission, Northern Virginia Community College and Northern Virginia Urban League joined efforts to establish a small business assistance and microfinance organization targeting low/moderate income individuals, women, minorities and veterans primarily in Northern Virginia. CBP is governed by a Board of Directors and George Mason University which employs CBP staff.

CBP serves potential and existing small business owners primarily located in Northern Virginia with a focus on socially and economically disadvantaged individuals including minorities, women and veterans. The organization provides education, technical assistance, business incubation services, access to capital and networking opportunities to a wide range of business types including life style businesses, government contractors, professional services, consultants, and retailers. CBP empowers clients by providing access to resources so they can fulfill their dreams, provide for their financial security as well as that of their families, and contribute to the economic growth of their communities. The organization also helps strategic partners meet business development and regulatory objectives aimed at providing economic growth and stability for the region.

Over the past decade, CBP has grown to include five distinct programs: Business Finance Center; Business Incubation Center; Small Business Development Center; Women’s Business Center; Veteran Business Outreach Center; and, in September 2016 was designated a Community Development Financial Institution (CDFI). The CDFI designation will require significant organizational restructuring and capital infusion over the next few years to meet the U.S. Treasury stringent requirements.

CBP is funded by Fairfax County, U.S. Small Business Administration, U.S. Department of Treasury and corporate sponsors.

Position Summary:

The Executive Director of CBP is responsible to ensure strategic direction, financial stability, and operational efficiency for the organization. This position is governed by the Board of Directors and George Mason University, and reports to the Managing Director of the Mason Enterprise Center. 

Responsibilities:

  • Work with Board of Directors on strategy development and governance;
  • Provide strategic direction to ensure the organization continually works toward its mission, maintains financial stability, and provides quality and relevant services to its clients;
  • Research and implement a restructuring plan for CBP to best take advantage of the new CDFI designation (restructuring may include the establishment of a separate entity for the CDFI);
  • Ensure fiscal management that adheres to generally accepted accounting principles;
  • Operate within the approved budget, ensure maximum resource utilization, and maintain a positive financial position;
  • Lead fundraising efforts and develop other resources necessary to support CBP’s mission;
  • Serve as the interface between the organization, George Mason University, local elected officials, and other key funders and community stakeholders;
  • Ensure compliance with all grants, contracts, MOUs and cooperative agreements;
  • Provide oversight for day-to-day operations for all CBP programs and staff; and
  • Represent CBP, Mason Enterprise Center and George Mason University in the community.

 

Requirements:

  • Master’s degree and substantial related experience (at least 10 years is preferred);
  • Nonprofit management or leadership experience in a nonprofit organization;
  • Community economic development experience;
  • Familiarity with CDFI industry and markets;
  • Excellent written and verbal communication skills;
  • Public speaking skills;
  • Proposal development and grant writing experience;
  • Strong financial skills (e.g., budgeting and financial analysis);
  • Business consulting experience;
  • Must have demonstrated experience leading and managing a nonprofit community-based organization;
  • Proven leadership—including the ability to make real time decisions, manage professional and administrative staff, marketing and negotiating skills, fundraising and financial management, and the ability to work collaboratively with diverse partner groups; and
  • Experience providing business advice to developing companies.

Evening and weekend hours may be required. Occasional travel for statewide and national conferences and meetings will be required.

Compensation:

$110,000-$120,000

How to Apply:

For full consideration, applicants must apply by September 25, 2017for position number FA52Cz at http://jobs.gmu.edu/; complete and submit the online application; and upload a cover letter, resume, and a list of three professional references with contact information.

Senior Associate, Loan Administration RSF Social Finance
San Francisco, CA
Job Function: Financial Services
Posted: August 29, 2017

Background:

At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through integrated financial and philanthropic services that generate positive social and environmental impact while fostering community and collaboration among participants.

With a 30-year track record of deploying loans, grants, and other catalytic capital to social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so, we identify and seek a particular set of skills and experience to meet specific organizational needs. At the same time, we seeking candidates who align with our mission and values.

Position Summary:

The Sr. Associate, Loan Administration is responsible for preparing loan documents and assisting with legal diligence and the loan closing process. This position also coordinates loan funding and servicing, including recording loan disbursements, tracking payments, and keeping records up to date. A priority of this role is to provide a consistently high level of service to clients and RSF team members with exceptional attention to detail.

 

Responsibilities:

Loan Documentation

  • Produce commercial loan documents, including loan, security, subordination and participation agreements for new loans based on credit memos, term sheets and RSF policies and practices.
  • Produce ancillary loan documents, including amendments, waivers, extensions, side letters, and similar agreements for existing commercial loans. Identify discrepancies and other potential issues.  If unresolved, inform Loan Processing Manager.
  • Conduct loan closing and other transaction logistics to ensure timely, accurate, and professional documentation:
  • Review and approve loan documents for accuracy
  • Initiate communication with borrowers, title companies, and certain third parties
  • Coordinate Loan Closings and Settlement Statements with Title Companies
  • Monitor loan fees and vendor invoices for reimbursable/non-reimbursable items
  • Initiate the collection, review, and tracking of legal diligence requirements and exceptions including: UCC and other lien searches, filings, and continuations
  • Credit and/or business background reports (both domestic and international)
  • Real estate taxes, environmental reports, and flood insurance zone diligence of mortgage loans
  • Comprehensive review of title policies for real estate loans
  • Collateral, hazard and Liability insurance requirements via Sageworkso Collateral, hazard and Liability insurance requirements via Sageworks
  • Terminations and reconveyances of collateral as required
  • Maintain Salesforce system with accurate collection of client fees

Loan Closing and Boarding

  • Coordinate with borrowers and members of RSF’s Lending and Accounting teams to ensure timely and accurate completion of loan closing and funding tasks
  • Manage post-closing functions (including the preparation of loan closing distribution packages for borrowers, tracking Borrower and third party post-closing obligations)
  • Set up commitment records in Nortridge Loan System; setup deposit in Salesforce
  • Record loan disbursements in Nortridge Loan System
  • Review disbursement forms and collect fees associated with loan closing
  • Keep electronic records up to date in multiple systems, including contact information and loan terms
  • Implement borrower setup on client portal. Instruct how to access and properly use online portal
  • Attend weekly Loan Operations/Lending Business Development team meeting
  • Maintain User Defined fields
  • Track post-closing items in Sageworks software

Loan Funding and Servicing

  • Process loan disbursements
  • Process loan payments
  • Setup commitments when good faith deposits are received
  • Manage payment schedules and processing of payments to participating banks
  • Answer client questions as needed. Monitor and respond to borrower requests via phone and email; escalate as needed for problem resolution
  • Work with borrowers to complete audit confirmations
  • Assist with producing loan statements twice monthly; processing ACH uploads for payments
  • Assist with loan and loan participation reconciliations
  • Prepare monthly interest and billed fee uploads
  • Monitor bugs in Nortridge Loan System, communicate with Nortridge Loan System support team
  • Maintain TWiki intranet files to be correct and current; add new procedures as necessary
  • Document Loan closing and boarding processes using TWiki intranet
  • Update servicing templates and system templates
  • Draft demand letters for borrowers as requested
  • Track fees relating to defaulting loans
  • Monitor loan covenant compliance using Sageworks software. Communicate with borrowers and members of Loan Operations/Lending Business Development team as needed.
  • Prepare aging report using Nortridge Loan System
  • Other duties as requested

Requirements:

  • Associates degree required; bachelor’s degree preferred
  • Minimum four (4) years of experience with commercial contracts and perfection of collateral including familiarity with the Uniform Commercial Code (UCC filings for both personal property and real estate collateral), drafting experience, corporate and real estate due diligence, and handling corporate state filings
  • Minimum of five (5) years of experience preparing legal documents, preferably in the area of secured commercial lending; demonstrated familiarity with loan operations procedures using Laserpro documentation program.
  • Experience preferred in most (though not necessarily all) of the following practice areas: finance, real estate, tax-exempt organizations, and securities law
  • Minimum two (2) years of relevant work experience in the following areas:
    • Loan servicing / processing for a commercial lending institution (preferred)
    • Accounting in an accounts receivable or billing environment
  • Experience in shadow accounting with respect to loans in non-accrual, charge off process.
  • Strong written and oral communication skills, including the ability to communicate complex ideas and concepts in a clear and professional manner
  • Strong interpersonal and listening skills, including sensitivity and appreciation for diverse viewpoints and communication styles
  • Basic understanding of financial statement review and analysis
  • Familiarity with financial covenants and ratios and other financial/monetary loan terms and provisions
  • Must have a solid grasp of math and accounting concepts in order to perform loan reconciliation’s, generate loan statements and review documents for accuracy.
  • Familiarity with UCC and other collateral security interest and perfection matters
  • Familiarity with standard commercial loan products (including real estate and other asset based products and lines of credit)
  • Familiarity with property and liability insurance
  • Proficiency with Microsoft Outlook, Word and Excel required (including certain key functions such as compare and track changes).
  • Familiarity with Medici, LaserPro, or other loan documentation software
  • Familiarity with Nortridge Loan software or similar commercial loan servicing software
  • Experience with, and/or ability to use, Salesforce or similar systems
  • Ability to handle sensitive information with strict confidentiality and professionalism

Compensation:

The expected initial salary for this position is expected to be in the low to mid $60K range.

How to Apply:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience would make you successful in this role.
In the e-mail subject line, please write “Senior Associate, Loan Administration”.

Please note that applications without a cover letter will not be considered. No phone calls please.

The application deadline is Friday, September 8th.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply. 

Senior Commercial Credit Officer Self-Help Federal Credit Union
Oakland, CA
Job Function: Lending/Loan Operations
Posted: August 28, 2017

Background:

About Self-Help Federal

Self-Help Federal Credit Union was chartered in 2008 to build a network of branches that serve working families and underserved communities. With 18 branches in California, 9 branches in Illinois, 2 branches in Florida, and 1 branch in Wisconsin, approximately $950 million in assets, and serving more than 80,000 members, Self-Help Federal is one of the fastest-growing low-income designated credit unions in the country. It is part of the national Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For 37 years, the Center for Community Self-Help and its affiliates have provided $7.6 billion in financing to help over 137,000 low-wealth borrowers buy homes, start and build businesses, and strengthen community resources. For more information, go to www.self-helpfcu.org and www.self-help.org

We are an equal-opportunity employer:

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, ancestry, class or family status.

Position Summary:

Self-Help Federal Credit Union, a leading Community Development Financial Institution (CDFI) has been expanding rapidly, both in California and nationally. Having focused primarily on consumer and mortgage lending for our early years in California, Self-Help is now committed to growing its commercial lending activity to support community development in underserved communities and markets.  As such, we seek to add one or more experienced professionals to our team at locations throughout the state.  

The Senior Credit Officer will underwrite and originate commercial loans that conform to Self-Help’s underwriting policies with primary (but not exclusive) focus on loan size greater than $500,000, including those in commercial real estate, health food systems, charter schools, and alternative energy.  Critical to this role is the ability to assess the risk of commercial loans and help supervise loan officers to structure credit proposals for your and credit committee approvals based on a complete analysis and the quality of the due diligence presented.

Leadership responsibilities can be structured around a compelling candidate’s prior experience and interests – be that team supervision, strategy development and/or loan execution.  Location is also flexible among many of Self-Help’s California locations.  Our priority is to identify candidates with a demonstrated commitment to economic development and social justice, and a preference for a diverse and collaborative workplace; the role can then be structured around the candidates lending experience.

Responsibilities:

Responsibilities of the role may be specifically tailored based on a successful candidates past experience, but will include some or all of the following:

  • Originate and close loans in coordination with credit and closing staff.   
  • Supervise Loan Officers to properly structure and underwrite loans and in accordance with lending policies.
  • Conduct detailed analysis of financial information, industry, management capacity, and collateral in determining lending decision.
  • Assess the risk of commercial loans and makes an approval or decline decision based on the quality of the data presented.
  • Verifies all appropriate information pertinent to the credit decision process for each loan application.
  • Ensure that all pre and post-closing requirements are met and that credit packages and documentation conform to the loan approval requirements.
  • Service loan portfolio and work with management team on troubled loans.
  • Ensure maintenance of relationships with borrowers post-closing in coordination with loan officers, including approving and processing construction draws and conducting annual site visits.
  • Assist with team management and potentially related responsibilities.
  • Perform other duties as may be deemed necessary.and appropriate.

Requirements:

Education and/or Experience

  • At least 5 years relevant experience in lending, finance, community economic development or other related field.  More experience a plus.
  • 4 year college degree or similar education preferred, but not required. 
  • Graduate degree in Business, City Planning, Public Policy or Law (or a related field) a plus.

Knowledge, Skill and Ability

  • Strong quantitative skills
    • ability to spread and analyze financial statements, study and evaluate information and make sound recommendations based on risk assessment
    • ability to prepare and analyze operating projections, budgets and cash flows
    • ability to quickly learn and analyze new industries, considering industry drivers and competitive threats, and developing new contacts to provide in-depth industry knowledge
  • Demonstrated ability to provide critical assessment of standard underwriting criteria (financial analysis, management assessment, collateral risk, etc.), financial ratio analysis, document review (contracts, appraisals, etc.), and other relevant data
  • Solid communication skills
    • ability to communicate clearly and effectively with clients and team members, including setting appropriate expectations and strong interpersonal skills
    • ability to write clear and concise loan transmittals, including translating financial and numerical data into written form
  • Strong attention to detail and ability to set priorities and organize competing priorities
  • Ability to work effectively in teams
  • Ability to manage and develop staff
  • Proficiency with MS Word and Excel
  • English/Spanish fluency a plus
  • Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization

Physical requirements/work environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Close vision is required.
  • Employee is regularly required to: sit; talk and hear; use hands to finger, handle or feel; and reach with hands and arms.
  • Employee is frequently required to type and use a keyboard.
  • The employee must occasionally lift and/or move up to 10 pounds.

Compensation:

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

How to Apply:

To apply, please send resume and cover letter, describing why you believe you are a good fit for this position, to cahiringmanager@self-helpfcu.org. Please include the position title as the subject. Application must be received by September 15, 2017  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.

 

Senior Business Development Officer Self-Help Federal Credit Union
Oakland, CA
Job Function: Business Development
Posted: August 28, 2017

Background:

About Self-Help Federal

Self-Help Federal Credit Union was chartered in 2008 to build a network of branches that serve working families and underserved communities. With 18 branches in California, 9 branches in Illinois, 2 branches in Florida, and 1 branch in Wisconsin, approximately $950 million in assets, and serving more than 80,000 members, Self-Help Federal is one of the fastest-growing low-income designated credit unions in the country. It is part of the national Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For 37 years, the Center for Community Self-Help and its affiliates have provided $7.6 billion in financing to help over 137,000 low-wealth borrowers buy homes, start and build businesses, and strengthen community resources. For more information, go to www.self-helpfcu.org and www.self-help.org

We are an equal-opportunity employer:

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, ancestry, class or family status.

Position Summary:

Self-Help Federal Credit Union, a leading Community Development Financial Institution (CDFI) has been expanding rapidly, both in California and nationally. Having focused primarily on consumer and mortgage lending for our early years in California, Self-Help is now committed to growing its commercial lending activity to support community development in underserved communities and markets. As such, we seek to add one or more experienced professionals to our team at locations throughout the state.

The Business Development Officer (BDO) will help generate mission impact commercial loan origination by expanding our relationships and marketing  Self-Help’s commercial lending products to potential borrowers and networks in California.  The BDO will work closely with other members of the Commercial Lending Team (based in Durham, NC, but now expanding in California) to deploy high-priority capital  (typically $500k-$20 million) in our various sectors, including but not limited to charter schools, affordable housing, healthy foods, green related projects/businesses, commercial real estate and faith-based organizations.

Critical to this role is the understanding of the value of team work and customer relationships as the BDO will have direct contact with both internal and external customers and will work closely with loan officers, sector leaders and underwriters to perform the principal duties and responsibilities of the role.  

Leadership responsibilities can be structured around a compelling candidate’s prior experience and interests – be that team supervision, strategy development and/or loan execution.  Location is also flexible among many of Self-Help’s California locations.  Our priority is to identify candidates with a demonstrated commitment to economic development and social justice, and a preference for a diverse and collaborative workplace; the role can then be structured around the candidates lending experience.

Responsibilities:

Responsibilities of the role may be specifically tailored based on a successful candidates past experience, but will include some or all of the following:

  • Market loans to existing and new referral sources and potential borrowers through activities, including one-on-one meetings; presentations on such topics as financial management, financing options, and the facility development process; and, in conjunction with communications staff, direct mailings, e-blasts and other appropriate outreach.
  • Assess loan requests, including an overview analysis of financial statements and management capacity to ensure prospective borrowers are a good fit with our credit and mission standards
  • Provide excellent customer service, including prompt responses, basic technical assistance and referrals to other technical assistance providers as appropriate.
  • Assist in servicing loan portfolio in California and work with portfolio management team on troubled loans when issues arise.
  • Meet loan production goals.
  • Assist in product development with sector lending leaders, contributing knowledge based on industry and credit experience.
  • Perform other duties as may be deemed necessary and appropriate.

Requirements:

Education and/or Experience

  • At least 5 years relevant experience in lending, finance, community economic development or other related field.  More experience a plus.
  • 4 year college degree or similar education preferred, but not required. 
  • Graduate degree in Business, City Planning, Public Policy or Law (or a related field) a plus.

Knowledge, Skill and Ability

  • Exhibits the following Self-Help leadership competencies: 
    • Mission, culture and core values fit
    • High Emotional Intelligence: team and people skills, self-awareness, etc.
    • Relevant technical and strategic skills and problem solving capability
    • Cultural competence and inclusion
    • Persuasion and negotiation skills
  • Demonstrated commitment to social and economic justice 
  • Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization
  • Excellent communication skills including:
    • ability to communicate clearly and effectively, including developing a clear message and presenting Self-Help products and programs to individuals and groups
    • ability to write clearly and concisely, including translating financial and numerical data into written form 
  • Ability to build effective business development networks that lead to loan deal flow and closed loans, while building long-term collaborative relationships with organizational allies.
  • Strong quantitative and critical thinking skills that allow for effective evaluation of commercial loan prospects, including ability to spread and analyze financial statements, project cash flow projections, and project management; study and evaluate information; and make sound recommendations based on risk assessment
  • Strong attention to detail
  • Ability to work effectively and cooperatively in teams
  • Strong project management skills, including ability to set priorities and organize competing priorities
  • Proficiency with MS Word, Excel and PowerPoint
  • Ability and willingness to travel about 1-3 times a week, including day trips and some overnight travel.

Physical Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Close vision is required.
  • Employee is regularly required to: sit; talk and hear; use hands to finger, handle or feel; and reach with hands and arms.
  • Employee is frequently required to type and use a keyboard.
  • The employee must occasionally lift and/or move up to 10 pounds.

Compensation:

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

How to Apply:

To apply, please send resume and cover letter, describing why you believe you are a good fit for this position, to cahiringmanager@self-helpfcu.org. Please include the position title as the subject. Application must be received by September 15, 2017 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.

Commercial Loan Officer Self-Help Federal Credit Union
Oakland, CA
Job Function: Lending/Loan Operations
Posted: August 28, 2017

Background:

About Self-Help Federal

Self-Help Federal Credit Union was chartered in 2008 to build a network of branches that serve working families and underserved communities. With 18 branches in California, 9 branches in Illinois, 2 branches in Florida, and 1 branch in Wisconsin, approximately $950 million in assets, and serving more than 80,000 members, Self-Help Federal is one of the fastest-growing low-income designated credit unions in the country. It is part of the national Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For 37 years, the Center for Community Self-Help and its affiliates have provided $7.6 billion in financing to help over 137,000 low-wealth borrowers buy homes, start and build businesses, and strengthen community resources. For more information, go to www.self-helpfcu.org and www.self-help.org

We are an equal-opportunity employer:

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, ancestry, class or family status.

Position Summary:

Self-Help Federal Credit Union, a leading Community Development Financial Institution (CDFI) has been expanding rapidly, both in California and nationally. Having focused primarily on consumer and mortgage lending for our early years in California, Self-Help is now committed to growing its commercial lending activity to support community development in underserved communities and markets.  As such, we seek to add one or more experienced professionals to our team at locations throughout the state.  

The Commercial Loan Officer (LO) will be responsible for originating and closing mid-size and complex commercial loans (generally from $500k-$20+million) including assessing an applicant, performing financial analysis and industry and market research, evaluating management capacity and collateral, among other factors, to complete loan transmittals for underwriting.

Critical to this role is the understanding of the value of team work and customer relationships as the LO will have direct contact with both internal and external customers and will work closely with other loan officers, sector leaders and underwriters to perform the principal duties and responsibilities of the role.  Current sector focuses include charter schools, commercial real estate, energy efficiency and green, healthy foods, child care, faith-based and affordable housing.

Leadership responsibilities can be structured around a compelling candidate’s prior experience and interests – be that team supervision, strategy development and/or loan execution.  Location is also flexible among many of Self-Help’s California locations.  Our priority is to identify candidates with a demonstrated commitment to economic development and social justice, and a preference for a diverse and collaborative workplace; the role can then be structured around the candidates lending experience.

Responsibilities:

Responsibilities of the role may be specifically tailored based on a successful candidates past experience, but will include some or all of the following:

  • Serve as lead originator (loan officer) on mid-size and complex loans to evaluate loan requests and participate on teams originating larger/more complex loans, including
    • Analyze financial statements of project sponsors and guarantors
    • Compile and analyze project pro-forma, including evaluating income, expense, and other assumptions
    • Assess management capacity of project team
    • Conduct and analyze feasibility, market, and sector research
    • Evaluate appraisals and other collateral information
    • Evaluate viability of construction delivery process, if applicable
    • Identify, evaluate, and make determinations regarding key credit/risk drivers, and propose strategies to mitigate such risks
    • Originate and close loans in coordination with other team members
    • Meet loan production and delinquency goals.
  • Participate on teams with more experienced Loan Officers to originate larger/more complex loans.  In these situations, may be assigned to handle specific aspects of the origination process and/or may serve as project lead on teams where experience and strength of industry knowledge warrant
  • Actively participate in servicing the loan portfolio along with other members of the portfolio management team. 
  • Conduct site visits
    • Evaluate annual financials and risk management reports
    • Work with others team members to resolve troubled loans
  • Analyze, monitor, and process construction draws, including:
    • Continually assess whether or not the project is on budget and schedule
    • Provide technical assistance to borrowers if construction concerns arise, in conjunction with other team members
  • Build and maintain strong relationships with borrowers through closing and post-loan closing, as well.
  • Provide excellent customer service, including prompt responses, basic technical assistance and referrals to other technical assistance providers as appropriate.
  • Implement business development plans as necessary, including one-on-one meetings and presentations to referral sources and potential borrowers.
  • Participate in product development with sector lending leaders, contributing knowledge based on industry and credit experience.
  • May serve as mentor of less experienced loan officers and assist in training, as needed.
  • Perform other duties as may be deemed necessary and appropriate.

Requirements:

Education and/or Experience

  • At least 5 years relevant experience in lending, finance, community economic development or other related field.  More experience a plus.
  • 4 year college degree or similar education preferred, but not required. 
  • Graduate degree in Business, City Planning, Public Policy or Law (or a related field) a plus.

Knowledge, Skill and Ability

  • Demonstrate Self-Help's corporate competencies:
    • Mission and Values
    • Standards of Excellence
    • Teamwork and Collaboration Initiative and Follow-Through
    • Customer Focus 
    • Communication
  • Sound quantitative and critical thinking skills:
    • Ability to spread and analyze financial statements, project cash flow projections, and project management; study and evaluate information; and make sound recommendations based on risk assessment
    • ability to analyze new industries, considering industry drivers and competitive threats, and develop new contacts to provide in-depth industry knowledge
  • Solid communication skills:
    • ability to communicate clearly and effectively with clients and team members, including setting appropriate expectation
    • ability to write clear and concise loan transmittals, including translating financial and numerical data into written form 
  • Ability to advocate for a borrower and their project at credit committee and ability to advocate for Self-Help when working with a borrower
  • Strong attention to detail
  • Ability to work cooperatively in teams
  • Strong project management skills, including ability to set priorities and organize competing priorities.  
  • Ability to build and maintain strong relationships with referral sources and other internal and external key stakeholders, including presenting Self-Help products and programs to individuals and groups as necessary
  • Proficiency with MS Word, Excel and PowerPoint
  • Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization
  • English/Spanish fluency a plus

Physical requirements/work environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Close vision is required.
  • Employee is regularly required to: sit; talk and hear; use hands to finger, handle or feel; and reach with hands and arms.
  • Employee is frequently required to type and use a keyboard.
  • The employee must occasionally lift and/or move up to 10 pounds.

Compensation:

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

How to Apply:

To apply, please send resume and cover letter, describing why you believe you are a good fit for this position, to cahiringmanager@self-helpfcu.org. Please include the position title as the subject. Application must be received by September 15, 2017 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.

Senior Vice President, Self-Help Federal Credit Union Self-Help Federal Credit Union
Oakland, CA
Job Function: Other
Posted: August 28, 2017

Background:

What is Self-Help's Mission?

Our mission is to create and protect ownership and economic opportunity for all. We do this by providing responsible financial services, lending to small businesses and nonprofits, developing real estate and promoting fair financial practices. While our work benefits communities of all kinds, our focus is on those who may be underserved by conventional lenders, including people of color, women, rural residents and low-wealth families and communities.

About Self-Help Federal

Self-Help Federal Credit Union was chartered in 2008 to build a network of branches that serve working families and underserved communities. With 19 branches in California, 10 branches in Illinois, 2 branches in Florida, and 1 branch in Wisconsin, approximately $950 million in assets, and serving more than 80,000 members, Self-Help Federal is one of the fastest-growing low-income designated credit unions in the country. It is part of the national Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For 37 years, the Center for Community Self-Help and its affiliates have provided $7.6 billion in financing to help more than 137,000 low-wealth borrowers buy homes, start and build businesses, and strengthen community resources. For more information, go to www.self-helpfcu.org and www.self-help.org

We are an equal-opportunity employer:

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, military and veteran status, ancestry, class or family status

Position Summary:

Self-Help Federal Credit Union seeks a proven leader with a deep commitment to social and economic justice, a preference for a diverse and collaborative workplace, and experience in credit unions, banking, lending, and/or other community development operations. Self-Help Federal, a leading Community Development Financial Institution (CDFI) has been expanding rapidly, both in California and nationally.  Its management structure is also evolving as part of the larger Self-Help family of organizations based in Durham, NC.  The Senior Vice-President will manage a group of the organization’s California-based Team Leaders, and as part of the SHFCU Leadership Caucus participate in leading the organization’s growth and development.  Based on a candidate’s experience, the functional areas the SVP will oversee is flexible within the breadth of our operations – from lending, branch operations and remote banking services to support functions like compliance, operations training, IT, HR, marketing and communications.  The position will be based at one of Self-Help’s California locations.  
 

Responsibilities:

  • Lead, coach and supervise Team Leaders and assigned teams, with a focus on staff development and driving performance. 
  • Drive goal setting, outcome accountability, performance management, and budgetary oversight for assigned teams.
  • With others, effectively coordinate resources across teams.
  • Ensure strong internal and external customer service and support from assigned teams, working with leaders across the organization to ensure effective collaboration across teams.
  • Communicate and model behavior in order to promote mission and culture alignment, drive goals and policies, and effectively address areas of concern and conflict.
  • Evaluate and manage risk within assigned teams, facilitating solutions to increase effectiveness and mitigate organizational risk.
  • Help to develop and implement organizational strategy, including growth and innovation. 
  • Provide leadership and expertise on special projects as requested.

Requirements:

  • At least fifteen years of relevant experience (at least 10+ management) with a financial institution or comparable organization, with a preference for experience within Community Development Financial Institutions (CDFIs)
  • Demonstrated track record in providing strategic leadership to an organization or business unit and driving strong results
  • Sincere commitment to staff development and active management of staff and business units
  • Excellent verbal, written, and interpersonal communication skills
  • Sensitivity to issues of low-wealth borrowers and communities, and a desire to work in a racially and socially diverse organization
  • Exhibits the following Self-Help leadership competencies:  
  • Mission, culture and core values fit
  • High Emotional Intelligence: team and people skills, self-awareness, etc.
  • Relevant technical and strategic skills and problem solving capability
  • Cultural competence and inclusion
  • Persuasion and negotiation skills
  • Undergraduate degree preferred; MBA or graduate degree in another related field is a plus.  Neither is required.

Physical Requirements

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Close vision is required.
  • Employee is regularly required to: sit; talk and hear; use hands to finger, handle or feel; and reach with hands and arms.
  • Employee is frequently required to type and use a keyboard.
  • The employee must occasionally lift and/or move up to 10 pounds.

Compensation:

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

 

How to Apply:

To apply, please send resume and cover letter, describing why you believe you are a good fit for this position, to cahiringmanager@self-helpfcu.org. Please include the position title as the subject.  Application must be received by September 15, 2017 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.

 

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