Background:
Aeris guides capital to good by working at the intersection of risk and impact to serve the impact investing field. Since 2004, Aeris’ due diligence and data have helped investors source, underwrite, and monitor investments that meet their risk parameters and impact goals. Aeris’ clients range from large financial institutions with Community Reinvestment Act (CRA) obligations to mission-driven charitable foundations, government, private wealth managers, and more.
Position Summary:
Aeris applies its proprietary rating methodology to assess a community investment loan fund’s impact management and financial strength. The impact management rating assesses alignment of the community investment loan fund’s programs and products with its mission; how effectively the community investment loan fund uses its resources—both on- and off-balance sheet; the appropriateness of output and outcome data and how such data is used by the loan fund to improve the effectiveness of its products and strategies relative to its mission. The financial strength and performance rating assesses organizational creditworthiness from the perspective of an unsecured investor with a 3- to 5-year investment horizon based on an in-depth analysis of capital strength, asset quality, management capacity, earnings, and liquidity (CAMEL).
Aeris’ rating analyses are conducted annually, based upon a rigorous and comprehensive due diligence process that culminates in a concise and thorough written analysis which addresses the most significant organizational and financial strengths and weaknesses of the rated entity.
Responsibilities:
The Analyst will be assigned specific rating analyses, and will be responsible for the following:
• analyzing the most recent five years of financial information, including audits and portfolio performance reports, and review of written policies and narrative documents relating to impact, financial performance, and management;
• conducting one to two days of interviews with management and board members;
• developing a cohesive set of substantiated opinions on the significant strengths and weaknesses of the organization and its performance, which support the recommendation of a rating,
• writing the Rating Report, averaging 50 pages in length including a number of standard and custom tables and charts, explanations for changes, descriptions of programs and processes; and
• presenting the rating report and opinions with a recommended rating to the Aeris rating committee.
Analysts and Aeris management make up a rating committee via conference call for each rating analysis. Using the Rating Report, committee members score a community investment loan fund based on codified ratings guidelines. Ratings are finalized based on committee discussion and responses to questions posed to the Analysts.
The production of Aeris’ Rating Reports and other analysis work requires constructive collaboration between the Analyst and members of Aeris’ management and operations team. The time frame required to complete a rating exercise from start to completion is four to five months; the Analyst’s work is most intensive during the two to three months in the middle of the process.
Requirements:
Successful candidates must have:
• Extensive experience underwriting financial institutions or structured funds for investment. Experience with nonprofit financial statements and or experience in CDFIs is a plus.
• Solid understanding of accounting concepts;
• Understanding of underwriting from the perspective of an unsecured fixed-income investor;
• Excellent understanding and judgement of the relevance and materiality of credit and impact management issues;
• Excellent writing and editing skills of professional quality for publication fluency and clarity of writing are essential;
• Good communication and interpersonal skills; ability to represent Aeris with the highest professional standards; understand the role of an analyst;
• Excellent attention to detail and works well with rote processes;
• Ability to meet deadlines and adhere to standard processes and conventions;
• Proficiency in MS Office applications including Word and Excel. Experience with SalesForce is a plus.
Additional desirable qualities include:
• Understanding of the issues, trends, and operations of community investment loan funds and other sectors of the impact investment field;
• Experience assessing both quantitative and qualitative aspects of organizations.
Compensation:
A number of options are available as appropriate to fit Aeris’ and candidates needs and requirements, from part-time contractor to full time staff. Rating assignments typically complete over a period of four to five months with total analyst hours ranging between 80 to 120 per assignment. Some training time should be factored into the first three to four assignments. Analysts must be able to commit to
assignments approximately six months ahead to enable scheduling. Some scheduling flexibility is required to accommodate unforeseen changes.
How to Apply:
Please send statements of qualifications electronically to: Karen Seabury, Director of Ratings & Analysis at
careers@AerisInsight.com.
Background:
Since our beginnings in 2004, Aeris has established risk management standards for private community loan funds (CDFIs) and has helped strengthen the development of impact measurement and management practices in the CDFI industry. We are applying those lessons to serve the broader impact investment world.
In 2013, Aeris built an online platform to collect and manage the impact and financial information that supports our deep due diligence and monitoring activities. Today, we are sharing that capability with the broader investing field: offering a highly reliable tool tailored to the unique needs of multiple users for the collection, management, and analysis of the impact and financial data of their investments.
Position Summary:
The Part-Time Contractor will contribute to the success of Aeris Operations Team’s work, including helping to develop and maintain its industry-first database of standardized CDFI performance data, which is increasing transparency and standardization to drive investment in CDFIs. Work is managed and performed in a standard production environment and process, with key success measures being quality, quantity, accuracy, timeliness, and team work.
The Contractor must be self-motivated in the management and performance of scheduled workloads, and be flexible to work in a team environment in response to changing business needs and priorities. He/she must be able to learn new skills, new content, and new ideas quickly and effectively. Some knowledge of accounting concepts is required; prior experience reading and understanding the financial statements of lending institutions is preferable. This is a great position for someone looking to learn more about loan fund or nonprofit financials.
Responsibilities:
1. Prepare CDFI financial statements and performance metrics for Aeris quarterly reporting by mapping data into Aeris’ proprietary Cloud database.
2. Proofing and finalizing quarterly financial statements and reported performance data.
Requirements:
Knowledge, Skills, Responsibilities and Physical Requirements:
• Strong aptitude for working with numbers and financial statements.
• Excellent attention to detail and commitment to accuracy
• Superior professional interpersonal skills
• Ability to work in a timely manner, be self-motivated and take initiative for new projects
• Ability to work both independently and in a team environment is required
• Ability to manage multiple tasks in effective and efficient manner
• Capacity and willingness to learn
Compensation:
Hourly rate commensurate with experience.
How to Apply:
Applications without a letter of interest will not be considered. To apply, submit a letter of interest and resume to:
Search: Contractor Data Analyst
Aeris Insight Inc.
Email: careers@aerisinsight.com
Background:
Since its inception in 1987, the Washington Area Community Investment Fund (Wacif) has closed nearly 400 loans totaling more than $32 million in strategic financing for small business startup and growth, affordable housing developments and cooperatives, and childcare and community facilities throughout the Washington, DC, metropolitan region. Wacif is a nonprofit Community Development Financial Institution (CDFI), and over the past five years has closed nearly 130 loans totaling $8 million, assisted over 2,000 entrepreneurs with small business coaching and technical assistance, resulting in over 300 local jobs created or retained.
Position Summary:
Wacif invites applications to fill two positions for Small Business Advisor. The Small Business Advisor will provide high quality coaching and capacity building technical assistance (TA) to entrepreneurs and small business owners, which includes developing business, marketing and financial plans, preparing loan applications, and providing resources and information on how to start or grow businesses and access procurement opportunities.
The Small Business Advisor will assess customer needs and respond in a variety of ways to create effective solutions for the client to create economic impact. The Small Business Advisor will make direct visits to client companies and resource network partners and assists in conducting training programs, outreach, and public relations activities for the organization. The position will operate from two locations in Washington, DC.
Responsibilities:
Under direct supervision of the Director for Programs & Small Business Services, the Small Business Advisor provides one-on-one confidential client consultations in the areas of small business development (business formation, business planning, marketing, sales, financing, procurement), preparing loan applications, and providing resources and information on how to start, sustain, and grow businesses. The Small Business Advisor will provide high quality coaching to entrepreneurs and business owners and educating clients regarding market feasibility, cash management, and access to capital. The Small Business Advisor provides group training sessions (workshops and seminars) on business topics for clients and the public and may represent Wacif at business expositions and panel.
The Small Business Advisor should carry out the following tasks:
▪ Conduct effective, confidential one-on-one client advisement service for small business clients in office and at client's sites
▪ Provide solutions to customers in response to identified needs including research, advising, training, and education in specific, functional areas of small business development such as business formation, business planning, marketing, sales, financing, and other small business issues and challenges
▪ Assist with client's preparation loan application packaging.
▪ Possess a proficient knowledge of writing and evaluating professional business plans
▪ Plans and deliver appropriate business workshops, in accordance with established goals and deliverables
▪ Prepare and maintain accurate counseling evaluations and written narratives in the Outcome Tracker system
▪ Prepare appropriate training summary reports from business workshops in accordance with Small Business Administration (SBA) requirements and internal, standardized report forms
▪ Assist with maintenance of current email/mailing list for Wacif’s TA communications
▪ Prepare and disseminate appropriate promotional and advertising materials regarding Wacif’s TA initiatives, programs, and services.
▪ Maintain working knowledge of government procurement to effectively assist clients
▪ Participate in training programs for professional development and may attend paid programs (pending Director's approval and funding)
▪ Attend business industry events to generate referrals from external resource organizations and private sector network of assistance providers, to meet potential clients, and to foster relationships with business resource partners (lenders, chambers of commerce, business and professional trade associations, etc.)
▪ Assist with the social media outreach efforts
▪ Support and work with partner organizations to organize and deliver workshops to businesses in metropolitan Washington DC area
▪ Assist with outreach and public relations, as needed
▪ Prepare articles on client successes for public release, as directed
▪ Required to work extended hours including weekends to conduct and participate in workshops, conferences, seminars, and other TA program related activities
▪ Other duties as assigned by appropriate supervisory personnel
Requirements:
▪ Bachelor’s degree from an accredited institution required
▪ At minimum, 3 years of experience in small business technical assistance
▪ Knowledge and understanding of the principles and practices of small business operations.
▪ Ability to develop basic business plans, marketing plans, financial strategies, and business loan applications.
▪ Ability to develop and present educational programs and/or workshops.
▪ Knowledge of the characteristics and prerequisites of a successful business loan application.
▪ Deep familiarity with and ability to analyze financial statements
▪ Solid knowledge of the SBA’s Microloan, Community Advantage, and/or 7(A) loan programs, preferred.
▪ Excellent oral, written, verbal and interpersonal communication skills with special attention to detailed editing of promotional materials, website and print pieces
▪ Excellent public speaking, organizational, and problem-solving skills and abilities
▪ Exceptional customer service
▪ Fluency with Microsoft Office suite
▪ Experience customer relationship management systems, WordPress, event registration platforms, and/or marketing automation systems is preferred
Compensation:
Salary will range will vary with experience from $50,000 to $70,000. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (some employer contribution & matching); paid vacation (increased with tenure), holiday and sick leave days.
How to Apply:
Interested candidates should email a resume/CV, thoughtful cover letter that outlines how your skills and experience meet the qualifications of the position, and salary requirements to opportunity@wacif.org with “Small Business Advisor” in the subject line.
Wacif is an equal opportunity employer and welcomes candidates from diverse backgrounds.
We thank all those who apply, but only shortlisted candidates will be contacted.
No calls please. Telephone inquiries will not be accepted.
Background:
BlueHub Loan Fund (BHLF) is an affiliate of BlueHub Capital (BlueHub), a national mission-driven nonprofit organization dedicated to building healthy communities where low-income people live and work. Since the mid-1980’s, BHLF has invested over $2.0 billion to support low-income communities, creating and preserving over 21,500 units of affordable housing, 13,000 jobs, healthcare services for more than 197,000 patients, and education and daycare for more than 50,000 children. BHLF offers a full suite of lending products to our customers, including pre-development, acquisition, site development, construction, bridge, term and permanent debt. As a national, certified Community Development Financial Institution (CDFI), we partner with other nonprofits, government and businesses to connect low-income communities with capital that generates economic opportunity and stability.
Position Summary:
BlueHub Loan Fund is seeking an experienced and dynamic Senior Loan Officer to deliver all aspects of BHLF’s lending program to a diverse set of borrowers, including real estate developers, charter school and community health center operators, and non-profit and social enterprises serving low income families and communities. The position is located in Boston, MA. While the Loan Fund’s historic activity is heavily concentrated in MA and the surrounding states, BHLF is now actively working nationwide.
The Senior Loan Officer position reports to the Loan Fund President, together with three other Senior Loan Officers, the head of Portfolio Management and the VP, Learning and Impact Measurement.
Each Senior Loan Officer is responsible for community outreach, business development, loan structuring, loan underwriting, and loan closing. S/he will bring to the position a commitment to our mission, excellent credit skills, experience developing innovative financing solutions to support real estate projects that advance our mission and a collaborative spirit and learning orientation. Successful candidates will possess/demonstrate the ability to successfully work with diverse communities.
Responsibilities:
Identify, underwrite, and close high impact and credit worthy community development loans
Develop and maintain strong relationships with peer CDFI lenders, bank partners, developers, consultants, lawyers and community leaders
Engage with leading thinkers, practitioners and researchers working to strengthen low-income communities to identify market gaps that BHLF can address
Cultivate a network of community partners in targeted high poverty geographies
Work as part of a diverse, collaborative team to expand the impact of BHLF
Requirements:
8 - 10 years of commercial real estate lending experience. Experience in community development finance strongly preferred.
Ability to work with existing borrowers and potential borrowers with varied levels of sophistication to move compelling, feasible projects forward.
Strong writing and communication skills: credit memo preparation, loan committee presentations, support for proposals to foundations and Federal funders.
Competency in analyzing non-profit, for-profit and real estate development company financial statements, project budgets, operating proformas to evaluate capacity to repay debt.
Experience evaluating real estate projects including rental housing, for-sale housing, commercial developments, and community facilities such as schools and health centers.
Adept at complex loan structuring for projects utilizing a variety of public funding sources and tax incentives including New Market Tax Credits and Low Income Housing Tax Credits.
Demonstrated ability and interest in working productively across racial, ethnic and income differences.
Expertise working with legal counsel to close complex, multi-party transactions.
Demonstrated track record in marketing, new business development, relationship building for community development.
Passionate about the role of capital in community development; curiosity about “what works” (promising new ideas, best practices, pilot projects) to improve the lives of low-income people and communities.
Results oriented.
Team player, collaborative spirit.
Candidates who reflect the diversity of the communities we serve and have a demonstrated commitment to advancing economic development for those communities are strongly encouraged to apply for this position.
Compensation:
BlueHub offers competitive salaries based on experience and skills, as well as an attractive benefits package including family health and dental coverage, flexible spending accounts, long term disability insurance, life insurance and a 401(k) retirement plan with employer match.
How to Apply:
The position is open until filled. Please submit a resume and cover letter to the attention of Shannon Weiss, Talent Acquisition Specialist. No calls please. Due to the high volume of applications, BlueHub Capital cannot return phone calls or inquiries about the position and, regrettably, cannot notify applicants of the status of applications unless an interview is requested.
BlueHub Capital is an equal opportunity employer; people of color and women are strongly encouraged to apply. BlueHub Capital is committed to a policy of equal employment opportunity for all employees or applicants for employment without regard to race, color, religion, gender, age, national origin, ancestry, sexual orientation, physical or mental disability, genetic information, veteran status or other protected status in accordance with applicable federal, state and local laws.
Background:
Opportunity Finance Network (OFN) is a leading national network of CDFIs (community development financial institutions) headquartered in Washington D.C. In pursuit of our mission to align capital with social, economic, and political justice, OFN supports its 270+ member CDFIs with money, strength, and voice to drive transformational change in underserved rural, urban, and Native communities nationwide.
OFN builds the strength of its membership and other CDFIs through financial products and services, events, training, research, policy advocacy, and visibility. CDFIs deliver responsible, affordable finance to markets that mainstream banks do not serve.
To learn more, visit www.ofn.org
People who work at OFN come from a variety of professional and academic backgrounds. Be a part of our growing diverse, highly committed, skilled and collaborative staff who are guided by the following values:
- Passion for the mission and true believer in our core purpose.
- Courage to be a fearless advocate who is confident and resilient in our fight to drive capital into low-income communities.
- Smart, quick seekers of knowledge who thrive on creating and developing new strategies, products, and programs for increasing capital to communities we serve.
- Desire to be a collaborative team player who possesses humility and a willingness to learn in all areas of our work.
Position Summary:
The Events Coordinator will work with the EVP, Membership and the EVP, Knowledge Sharing in coordinating, planning, and executing OFN’s events. Specifically, this position coordinates and organizes event logistics to ensure successful Annual Conferences, Small Business Finance Forums, regional meetings, advocacy days, webinars, training, and other meetings and events as necessary.
Responsibilities:
- Plan and coordinate events (both in-person and virtual) in conjunction with the EVP, Membership and EVP, Knowledge Sharing.
- Anticipate event needs, manage event planning calendar and scheduling, discern work priorities, monitor event timelines ensuring deadlines are met.
- Lead the call for sessions process: update and send invitations, organize responses, recruit reviewers, prepare ranking sheets, organize reviewer responses.
- Manage event registration: update web site content, track comp codes, handle all registration inquiries, provide registration information to Meeting Planner in a readily usable form and on a timely basis, conduct on-site registration and manage attendee issues.
- Manage Conference breakout session presenters: communicate key dates, gather speaker needs, handle inquiries, communicate needs to Meeting Planner.
- Manage internal and external requests for meeting space at the conference hotel: create request forms, communicate with those making requests, and coordinate approved requests with Meeting Planner for space assignment.
- Maintain inventory of event-related items (e.g., name badges, lanyards, binders), prepare meeting materials such as agendas and name badges, ensure training binders are properly assembled, and ensure materials are shipped to the event location on time.
- Lead attendee evaluation process for all events. Prepare summary reports for staff and Board.
Requirements:
- Bachelor’s degree or 5-7 years of work experience in lieu of a degree.
- 1-3 years of professional experience in event or project management.
- Professional event planning experience of events up to 1,500 people
- A strong passion for, understanding of, and commitment to OFN’s mission, vision, and values. Familiarity with the CDFI industry strongly preferred where one can be a fearless advocate, who is confident and resilient in OFN’s fight to drive capital into low-income communities.
- Experience drafting original audience-specific communications for management review and publication required.
- Must be proficient with MS Office Suite products.
- Excellent organizational and problem-solving skills with a keen eye for detail.
- A collaborative team player who possess good interpersonal skills to work across all levels of the organization, humility, and a willingness to learn in all areas of our work.
- Smart, quick seeker of knowledge with the ability to think strategically, and creatively with the ability to manage multiple projects simultaneously with ease and efficiency under minimal supervision.
- Ability to work constructively with a diverse audience.
- Light to moderate travel required (5-10% of the time).
- No extraordinary physical requirements beyond the ability to travel.
Supervisor: EVP, Membership
FLSA Status: Exempt
Compensation:
Compensation - $50,000-$55,000 commensurate with experience
How to Apply:
Interested Parties please apply: https://theapplicantmanager.com/jobs?pos=OF159
Background:
City First Enterprises (CFE) is a financial institution working at the intersection of innovation and impact investment, in the quest for a more equitable economy. We are risk entrepreneurs investing in underserved communities, centering our focus on the people and places historically overlooked by mainstream finance. CFE’s lending vehicle is the Equitable Growth Fund, a loan fund designed to provide accessible debt capital to entrepreneurs, innovators and change-makers working in affordable housing, small businesses, education, nonprofits, community facilities, and commercial real estate in the Washington, DC, Maryland, and Virginia. CFE is a Community Development Financial Institution (CDFI), a designation by the United States Treasury to organizations expanding economic opportunity in low-income communities by providing access to financial products and services for residents and businesses. CFE is part of the City First Family of organizations, which includes City First Bank. To learn more about our organization, please visit our website at www.cfenterprises.org
Position Summary:
The ideal person for the Jr. Underwriter and Loan Officer position knows how to work in a
dynamic environment and has strong financial analysis and writing skills. He or she seeks to play a
pivotal role in a growing nonprofit community loan fund that is committed to mission-oriented
lending across the region.
Under guidance and supervision, the Jr. Underwriter and Loan Officer is responsible for reviewing
financial data, assessing credit risk and structuring transactions. In collaboration with the
organization’s credit staff, the person will perform financial analyses and provide credit
recommendations based on a review of all underwriting criteria. The position will also be involved
in portfolio management. As part of a compact team, the Jr. Underwriter and Loan Officer
responsibilities will expand beyond core credit analysis, contributing to business development
efforts, preparing funding proposals and performing periodic reports to potential and existing funders, which include federal agencies and major philanthropic institutions, among others.
Versatility and flexibility across a wide spectrum of intellectual and business tasks are key.
Additional responsibilities include providing competent, thorough, courteous, and efficient
customer service to both internal and external customers with a minimal level of direction,
guidance, and oversight.
Responsibilities:
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
1. Performs financial statement analysis and independently interprets them, delivering
written reviews of financial information.
2. Handles loan originations from beginning to end under the supervision of senior staff.
3. Day to day functions may include:
a. Spreading/Analyzing financial statements through the use of Excel
b. Identifying information needed to complete an analysis by reviewing a credit file
c. Conducting sectoral and business model research relevant to loan applications under
review
d. Performing interim and annual financial covenant compliance (loan monitoring), in
close collaboration with Portfolio Manager
e. Contacting borrowers to solicit updated financial information as required.
4. Works with Data Administrator on analyzing figures around economic development
metrics, including designing and implementing client-focused surveys.
5. Participates, in close collaboration with other members of the team, in the preparation of
proposals and periodic reports to funders.
6. Collaborates with Loan Closing Specialist in preparing loan documentation.
7. Works in partnership with Chief Lending Officer on business development activities,
including participating in client and/or prospect calls and representing the organization in
meetings with potential business partners.
8. Performs other duties as may be deemed necessary and appropriate.
Requirements:
● Bachelor’s degree in accounting, business, economics, finance, or equivalent combination of
training and experience from a four (4) year college or university.
● Minimum 2-4 years’ experience in a mission-oriented work on financial analysis, deal
structuring, and relationship and loan processing management.
● Strong writing and composition skills.
● Entrepreneurial approach to work (a must).
● Experience working with low-income communities.
● Proven ability to build relationships with potential clients and business partners.
● Spanish is a plus.
● Experience with a CRM platform, preferably Salesforce, definitely a plus.
● Excel Ninjas are encouraged to apply.
Compensation:
COMPENSATION
Competitive nonprofit salary, based on experience, plus a generous benefits package that includes
health, dental, life insurance, flexible spending plan, retirement plan, transit benefits and paid
parental leave.
How to Apply:
Please email resume and cover letter to Jobs@cfenterprises.org. No phone calls, please.
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Loan Servicing Business Analyst to join our team in Washington D.C.! We are looking for an analyst with loan servicing or other relevant systems experience to play a key role implementing, enhancing, maintaining and trouble-shooting systems and processes used to deliver loan servicing to clients. This position is a critical role in a new team formed to address the needs of a major public agency client.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to implement and enhance loan servicing systems and processes
Analyze system usage and provide team with recommendations for improvements and training
Identify and assist with implementations of enhancements to the systems used for servicing and reporting
Provide escalated technical support to the staff and contractors using the systems
Develop business requirements for scripting automation.
Analyze, troubleshoot and correct systems issues as needed
Requirements:
Bachelor’s Degree; coursework in basic principles of accounting
Minimum of two years of relevant experience; loan servicing and/or subservicing experience a plus
Analytical and problem-solving skills
Technical skills including expertise in databases, spreadsheets, and some programming knowledge.
Excellent organizational, communication, and analytical skills
Demonstrated ability to work collaboratively with colleagues and clients
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-servicing-business-analyst/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Loan Servicing Accounting Analyst to join our team in Boston, MA! We are looking for an analyst with loan servicing and accounting experience to support accounting and treasury functions performed by TCAM on behalf of lender and investor clients. This position will play a key role in meeting client expectations and identifying ways to enhance MRI systems used for loan servicing.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to track and review collections, postings and remittances
Prepare and balance daily payment processing and deposit into bank accounts
Post corrections for both misapplied payments and bank chargebacks
Monitor servicing system and review reports to ensure accurate and complete client reporting
Review for accuracy invoice, remittance and loan payoff documents
Analyze and review financial and billing reports to provide monthly variance explanations
Maintain accounting logs
Trial balance reconciliations
Update policies and procedures as needed to meet client needs
Requirements:
Bachelor’s Degree; coursework in basic principles of accounting
Loan servicing and/or subservicing experience
Proficiency with loan servicing technology
MS Excel and Word proficient
Excellent organizational, communication, and analytical skills
Demonstrated ability to work collaboratively with colleagues and clients
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-servicing-accounting-analyst/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking an Senior Loan Servicing Specialist to join our team in Washington, D.C. ! We are looking for an analyst with loan servicing or other relevant systems experience to play a key role implementing, enhancing, maintaining and trouble-shooting systems and processes used to deliver loan servicing to clients. This position is a critical role in a new team formed to address the needs of a major public agency client.
Responsibilities:
Work collaboratively with loan servicing team, contractors and MRI colleagues to monitor collections and address delinquencies across the portfolio
Process payments received and prepare data for posting/ deposit checks
Track and follow upon delinquencies
Negotiate and implement default mitigation strategies, including following up with appropriate documentation
Set up new loans, process bankruptcy notifications, and process exception payments
Address customer disputes with credit reporting agencies
Requirements:
Bachelor’s Degree or equivalent
A minimum of two years mortgage servicing or other relevant experience
Ability to read and understand documents such as promissory notes, deeds of trust and/or mortgages and title reports
Ability to calculate figures and amounts such as interest rates, principal and interest applications and late charges
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/loan-administrator/
Background:
MRI Software delivers innovative applications and hosted solutions that free real estate companies to elevate their business. Our flexible technology platform, along with an open and connected ecosystem, allows us to meet the unique needs of real estate businesses, from property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. With nearly five decades of expertise and insight, we have grown to include offices in across the United States, the United Kingdom, Hong Kong, Singapore, Sydney, South Africa, New Zealand, and Canada with over 1200 team members to support our clients and their unique needs!
TCAM provides asset management and advisory services to the organizations that provide capital to affordable housing, including investors, owners, and public agencies. TCAM’s work environment is fast-paced and dynamic as the client base continues to grow and services continue to evolve. TCAM is part of MRI Software, the largest provider of software solutions to the affordable housing industry. Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses—from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets.
Position Summary:
TCAM, a MRI Software company, is seeking a Director, Loan Servicing to join our team in Washington, D.C.! We are looking for an experienced loan administrator to direct and help build a loan servicing program for a large public agency client. This position will be responsible for supervising loan servicing staff and a network of subcontractors to meet client expectations with respect to a large portfolio of residential and multifamily mortgages.
Responsibilities:
Supervise day to day loan servicing activities, responsibilities and deliverables to meet client expectations
Manage the work of a loan servicing staff and subcontractors to ensure efficiency and quality of client deliverables
Coordinate the work of loan servicing staff and subcontractors with that of MRI and TCAM colleagues in the DC office and in other parts of the organization
Maintain understanding of client programs, policies and procedures and knowledge of industry requirements and practices
Requirements:
Bachelor’s degree or equivalent
3-5 years of loan servicing and/or subservicing experience
Community based organization lending or servicing experience a plus
Management/leadership experience
Proficiency with loan servicing technology
Excellent analytical and communication skills
Initiative in addressing problems and developing better ways to work
Compensation:
based on experience
How to Apply:
https://www.mrisoftware.com/jobs/director-loan-servicing/
