Background:
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access – creating anchors that attract investment over the long term and help families lead healthier, more productive lives.
Position Summary:
The Executive Assistant (EA) provides executive level administrative support to the Chief Executive Officer, senior executive leaders, and Board and Committee members. The EA serves as the primary point of contact for internal and external constituencies on all matters pertaining to the Executive Office. The EA will work collaboratively and demonstrate a high level of professionalism and confidentiality as they effectively interact with senior staff, Board members, external constituents and all levels in the organization. The EA must be confidential, exercise good judgment and remain composed in a variety of pressure-filled situations.
This role will also serve as a professional role model and resource to other administrative assistants as they perform their jobs and manage multiple priorities in a fast-paced, results-oriented environment.
The EA must possess respectful verbal and strong written communications skills and have ability to work independently. The EA will leverage systems-oriented thinking skills and the use of technology to continuously improve processes and build efficiencies.
Responsibilities:
Essential Duties and Responsibilities
• Performs a broad variety of administrative tasks for the Chief Executive Officer, such as managing all scheduling and details related to the calendar of appointments, preparing agendas, arranging detailed travel plans and itineraries. Compile all documents in preparation of meetings and travel-related meetings.
• Hospitality: Organize catering and room set up/break down for a variety of recurring meetings/ events held across the organization.
• Support coordination of Board events, including:
o Assist in travel and meeting logistics for Board members, their Committees and other advisory panels, including hotel and restaurant reservations.
o Answer questions related to and help process any expense reimbursements for Board members.
o Organization of, and reservations for Board dinners.
o May assist with dissemination of materials (i.e. Board packets, Committee Agenda & Materials, Conflict of Interest statements, etc.), recording of Conflict of Interest statements and taking meeting minutes as needed by the Corporate Secretary.
• Maintain discretion and confidentiality in relationship to Board members and business matters of Reinvestment Fund.
• Take minutes of departmental meetings and working groups across the organization as requested.
• Provide administrative support, scheduling and calendar management to senior Executive leaders.
• Collect expense documentation and process expense reports from senior leaders as requested.
• Support HR in scheduling events such as quarterly all staff meetings, and issue area meetings.
Requirements:
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty. The requirements below are representative of the minimum range of knowledge, skill level, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and Experience
• Minimum of seven (7) years administrative experience supporting C-suite executives preferably in an entrepreneurial organization.
• Bachelor’s degree in related field and/or combination of education and experience preferred.
• Experience with board level interaction and support required.
Skills
• Proficient in Microsoft Word (Word, Excel, PowerPoint), Outlook, social media web platforms.
• Experience with meeting scheduling software and SharePoint required.
• Excellent organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail.
• Proven ability to handle confidential information with discretion, be adaptable to various competing demands and demonstrate highest level of customer/client service and response.
• Strong interpersonal skills and ability to build relationships with stakeholders including staff, Board members, external partners and customers.
• Effective written and verbal communications skills.
• Demonstrated proactive approaches to problem-solving with strong decision-making capability.
• Resourceful and mature team player with ability to work independently and jump in as needed with other team members.
Core Competencies
The EA provides support for the Executive team acting with minimal supervision, anticipating needs while managing the day-to-day workflow and prioritizing various projects.
• Verbal & Written Communication
• Organizational Skills
• Time Management
• Detail-Oriented
• Anticipates Need
EXPECTATIONS FOR ALL EMPLOYEES
Supports Reinvestment Fund’s mission, vision, and values by exhibiting the following competencies: Commitment to Reinvestment Fund, ethical behavior/integrity, and respect for coworkers, Reinvestment Fund boards and committees, investors and borrowers, and clients.
Compensation:
Reinvestment Fund offers a competitive salary based on experience and skills, including participation in the Company’s performance plan as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care, and transportation), tuition reimbursement, generous paid time off, and EAP program. As part of its professional development program, the company pays for CPE credits and time off to attend classes as required by its professional staff.
How to Apply:
Complete the online employment application available on our website at www.reinvestment.com. Please attach your resume and a cover letter which includes your salary requirement.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this
Background:
As a full-service Community Development Financial Institution (CDFI), Cinnaire Lending works with socially conscious investors and mission focused organizations to create out-of-the-box lending options to support housing and community development work. Our approach is based on nurturing partnerships and the ability to leverage donor and investment money and combine it with larger sources of capital.
Position Summary:
The President, Cinnaire Lending is responsible for overseeing the lending operations of a diversified nonprofit lending company, which includes affordable multifamily rental housing lending and Community Development Financial Institutions (CDFI) lending. This leader oversees originations and all operational areas supporting the lending business, including underwriting, closing, portfolio management and loan servicing. We are seeking an experienced leader in the lending field to oversee the growth and operations of our lending company.
Responsibilities:
1. Build a cohesive team supporting a diversified nonprofit lending company.
2. Establish clear policies governing all areas of the origination and portfolio management process.
3. Lead Cinnaire’s origination strategy for the lending business, partnering with the EVP Business Development.
4. Oversee the development/management of credit policies for the loan business.
5. Oversees the budget and ensures resources are properly allocated.
6. Directs the allocation of resources to deployment on loans.
7. Directs and leads the team to achieve the priorities articulated in the Strategic Plan.
8. Develops and maintains relationships with funding sources.
9. Develops and maintains relationships with Board of Directors.
10. Reports to Cinnaire Lending Board of Directors and Cinnaire Executive team on performance related to goals and strategies.
Requirements:
Qualifications:
• Minimum of ten years of experience with a lending company involved in affordable housing or community development lending, the majority of which should be in a senior role managing major aspects of the business.
• Experience managing a lending business.
• Background in real estate finance.
• Experience working with CDFI related programs.
• Strong network in the affordable housing and/or community development fields.
• Minimum Bachelor’s degree from accredited university (finance, accounting, or real estate preferred).
• Demonstrated leadership skills.
• Excellent written and oral communication skills.
Competencies:
• Leadership Development: Coaches and develops others by seeking to understand their strengths and development needs.
• Resource Optimization: Applies knowledge of internal structures and existing talent to accomplish goals.
• Customer Focus: Stays ahead of customer needs and uses insight to develop new or modify current client services.
Travel Required: Estimated to approximate 20%
Compensation:
Cinnaire offers a competitive compensation package.
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided $8.5 billion in financing to 159,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending. Through its credit union network, Self-Help serves over 150,000 people in North Carolina, California, Chicago, Florida, Wisconsin, and South Carolina. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
California as the Senior Manager, Development, Policy and Impact. This newly created position will lead the work of the Development, Policy and Impact (DPI) team in California, manage California-based staff and represent the national DPI team as a Team Leader at Self-Help Federal Credit Union (one of Self-Help’s four principle organizations.) The work of the DPI team includes:
• Development -- raising and managing grants, deposits and other impact investments,
• Policy -- building relationships with and representing Self-Help and its views with peers, partners and policymakers.
• Impact -- understanding, analyzing and using the data generated by our work to communicate our impact to stakeholders.
The Senior Manager, DPI will also participate in the strategic planning and execution of DPI activities that support Self-Help’s work nationally, working in close collaboration with executive leadership at Self-Help Federal Credit Union in California, DPI leadership in North Carolina, and colleagues across the country. Consistent with Self-Help’s “player/coach” model, the Senior Manager will lead, manage and participate directly in the organization’s DPI work.
Responsibilities:
• Supervise the California-based members of the DPI team, (currently 3);
• Coordinate team management with Durham-based DPI leadership and Self-Help Federal California-based leadership.
• Oversee the hiring and development of California DPI staff.
• Lead the development of, and ensure the achievement of, the strategic plan that informs the setting of goals, distribution of responsibilities, and selection of primary targets for development efforts. The focus will be on California-based activities, but will also include support for Self-Help operations in the Midwest (Chicago and Milwaukee) and across our national footprint;
• Contribute actively to the DPI teams’ efforts to prospect for, cultivate, and write major grant and investment proposals;
• Identify funders that have significant overlap in geographic and thematic interests and work to cultivate relationships with key staff members (program officers, directors, board members, etc.) to lay the groundwork for future proposals and other collaboration;
• Provide guidance and support in the stewardship of existing grants, investments and deposits and a more direct role in the management of some of our most critical funding relationships;
• Support branches and branch leadership in their efforts to raise and steward mission supportive depositors;
• Manage the cultivation of individuals, families and organizations with the potential to make large investments; and
• Develop, monitor and support communications used by DPI staff members to recruit, steward and report to funders.
• Coordinate with all of our organizational community development strategies to develop and engage partners and allies within the communities we serve.
• Specifically engage with the credit union industry and CDFI community to help Self-Help collaborate effectively in both our development and policy work
• Coordinate collaboration strategies with California leaders and staff in our research and policy affiliate, the Center for Responsible Lending; and,
• Raise the visibility of Self-Help and create learning and programmatic opportunities, by speaking and participating at local, state, and national meetings, conferences, peer exchanges and other gatherings.
• Support the teams’ efforts to continually improve our methods and systems for measuring the impact of our work and strategies for effectively communicating our impact both internally and externally.
• Oversee and support successful funder reporting activities for which California DPI staff are responsible.
Requirements:
• Bachelor’s degree (or relevant additional work experience.) Advanced degree/certification a plus.
• At least 10 years’ experience in financial services, community economic development, social justice and/or other related fields
• At least 5 years’ experience in nonprofit management, preferably with responsibility for development activities – fundraising, capital raising, client development, grant writing, etc.
• Demonstrated success in managing staff.
• Salesforce or other CRM experience.
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that strongly prioritize teamwork and collaboration.
• Data analysis skills and experience, particularly related to housing, financial services, asset building or economic development programs.
• Proficient with MS Office Suite (Word, PowerPoint, SharePoint). Advanced/Intermediate skill level with Excel.
• Excellent writing, editing and verbal communication skills.
• Good quantitative skills; excellent interpersonal skills (in person and on the phone); flexible and team player.
• Ability to build and/or expand networks and referral sources that support the work of DPI and other teams.
• Ability and willingness to travel and work evenings and weekends.
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 40 pounds.
Compensation:
Competitive nonprofit compensation, based on experience, plus a generous benefits package.
How to Apply:
http://bit.ly/2wN7Gj5
Background:
Self-Help is a leading national community development financial institution headquartered in Durham, NC. Since 1980, Self-Help has provided $8.5 billion in financing to 159,000 families, individuals and businesses. It helps drive economic development and strengthen communities by providing responsible financial services; lending to individuals, small businesses and nonprofits; developing real estate; and promoting fair financial practices across the nation. The Self-Help family of nonprofit organizations includes Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending. Through its credit union network, Self-Help serves over 150,000 people in North Carolina, California, Chicago, Florida and South Carolina. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.
Position Summary:
Self-Help has an exciting opportunity for an entrepreneurial Real Estate Development professional to build out this new line of business for Self-Help in California. The Director of California Real Estate Development will help envision and lead our community-based real estate development work in the state. Building capacity to expand community-based real estate development activity, in close coordination with our well-established branch network serving generally underserved populations in the state, is a strategic priority for Self-Help. The successful candidate will build and manage a small group of project management staff to identify, analyze, and execute real estate development projects. Projects may be in partnership/collaboration with Self-Help Federal Credit Union (SHFCU) branch development efforts (two are currently underway). Future projects could include additional SHFCU collaboration or independent commercial and mixed-use projects, neighborhood revitalization, affordable housing, and more.
This role requires flexibility and effective coordination with the Self-Help Real Estate Team in North Carolina, the California-based project management team directly supervised, California executive leadership, and California retail staff. The position will be based in Oakland, CA; other locations in CA may be considered.
Responsibilities:
• Develop and execute projects – both directly managed by the position itself and by supporting project management staff’s own leadership.
• Assist Real Estate Team Leader (NC based) and California executive leadership in developing and implementing project selection strategies and systems.
• Seek new business opportunities in accordance with Real Estate Team and organizational goals, strategies, and mission. For California real estate work, define project scope, goals and deliverables that support Self-Help’s organizational and Real Estate Team goals and mission.
• In coordination with project management staff, assess project feasibility—financial, mission, political, community, etc.
• Create initial project sources/uses budget and proforma and conduct feasibility assessments for new opportunities.
• Monitor project performance against schedules, resources, scope changes, budgets and project and deliverable quality.
• Support—directly or through management of staff responsible for the effort--routine project reporting and documentation to include status, open issues, resource and schedule detail using appropriate tools.
• Proactively manage changes in project scope, identify potential challenges and devise contingency plans.
• Hire, develop, motivate, and mentor project management staff to help them achieve individual expectations and deliverables through leadership, coaching and direction.
• Actively identify and address opportunities for process improvement. Lead or participate in process improvement initiatives and promote the sharing of best practices.
• Act as a change agent to drive Self-Help’s economic inclusion initiatives by integrating supplier diversity and the use of businesses owned by women and people of color in third party contracting and vendor management for relevant products and services.
• Provide leadership and expertise on projects as needed.
Requirements:
• Bachelor’s degree or equivalent relevant experience. Master’s degree in business administration, planning, public policy, law or a related field is a plus.
• Minimum of 8 years’ experience in real estate development. Other relevant management, finance or similar experience can be a partial substitute.
• Significant experience in project management for real estate developments, either residential or commercial, with an emphasis on community-based real estate projects, a significant plus.
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that place priority on teamwork and collaboration.
• Specific knowledge of the financing of affordable housing and/or commercial real estate development, as well as public-private partnerships and philanthropic funding sources.
• Demonstrated success in managing staff.
• Deep understanding of real estate financing concepts and practices.
• Excellent written and verbal communication skills and ability to effectively engage others and present information and respond to questions from groups and/or individuals.
• Strong project management skills with the ability to initiate, juggle, and lead multiple projects to meet goals, objectives, and deadlines.
• Demonstrated interest in, and commitment to, supplier diversity.
• Ability to form and maintain strong relationships with internal and external customers through providing excellent customer service and follow-up.
• Ability to think strategically and manage multiple initiatives.
• Ability and willingness to travel at least 25% within CA, to North Carolina, and elsewhere as needed
Desired Qualifications:
Knowledge of and experience with community-based real estate-related financing programs, such as HUD financing programs/products (HOME, CDBG, NSP), LIHTC, New Markets Tax Credits, and Historic Tax Credits a plus.
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 40 pounds.
Compensation:
<p>Competitive salary, based on experience, plus a generous benefits package that includes health, dental, life insurance, flexible spending plan, retirement plan, paid parental leave, and domestic partners policy.</p>
How to Apply:
http://bit.ly/2VXk2jf
Background:
Founded in 1981, Isles, Inc. is a community development and environmental organization based in Trenton, New Jersey. With a mission to foster self-reliant families and healthy, sustainable communities, Isles designs and develops effective services and products that support this mission and share its solutions with others who can make a difference, including policymakers and other leaders. The foundation of Isles’ work starts with honoring the capacity of those they serve, who are most capable of managing their own journey towards self-reliance and health. Isles develops innovative ways to create places and tools that further that mission. To achieve that, Isles fosters an internal culture and practice of continuous innovation, developing pathways that didn’t previously exist. Isles:
• Revitalizes Communities by planning and developing real estate projects including affordable housing, community gardens and parks, and community facilities by working with residents and other stakeholders to create neighborhood master plans. To implement those plans, Isles collaborates with funders, community groups, and public officials to fund and help manage development projects on the ground. Over the years, Isles has co-founded regional and statewide organizations that serve as building blocks for community development. A major project over the past 12 years includes the redevelopment of a large abandoned textile factory, Mill One, in Hamilton, NJ. Isles is redeveloping Mill One to serve as a Social Profit Center where 30 mission-driven organizations (both nonprofit and for-profit) will co-locate, along with artists. The Social Profit Center is expected to open in early 2020, when Isles will move its headquarters to the site.
• Builds Wealth by preparing homeowners to buy and/or protect their home from foreclosure. Isles also builds homes, prepares families for first time home ownership, and develops innovative ways for employees in the region to become more financially resilient and capable through Isles Financial Solutions (IFS). IFS helps families tackle unsustainable debt, and offers a blend of training and counseling/coaching services and low-cost loans. IFS helps its customers budget, make wise financial choices, bolster financial assets, and improve credit scores.
• Trains and Educates through Isles Youth Institute (IYI), an alternative way for young people to take control of their futures by earning a high school equivalency diploma, learn construction or nursing skills, and gain important life skills. IYI serves youth and families with life skills support and other support services. Isles’ Center for Energy and Environmental Training (CEET) trains adults with high school diplomas in future-focused, green jobs.
• Promotes Healthy Living by researching the effect of environmental hazards – especially lead in homes – on health and self-reliance. After testing over 2500 homes, Isles learned to remediate and abate home hazards at a low cost, and educate residents on protecting their health. Based on this learning and experience, Isles helps others, including policymakers, to apply the same approaches to other settings. In 2020, Isles is creating the New Jersey Healthy Homes Training Center to train and certify home health workers, contractors, building inspectors, weatherization workers, and other professional networks that can improve community health statewide.
Governed by a 17-member board, Isles serves its community with a staff of 45, volunteers, and an annual operating budget of $6M. On average, funding is split roughly 50/50 between public and private sources. About 200 institutional sources and 1,000 individuals support Isles annually.
Recent Accomplishments
In 2018, Isles:
• Tested 500 homes in Trenton for lead in water, soil, and paint. The tests identified 45 homes in danger which Isles rehabbed to be lead-safe, energy efficient, and healthy.
• Provided 814 elementary school students with gardening and nutrient education. More than 20,000 pounds of food were grown in schools and community gardens.
• Distributed $68,000 to 15 organizations through community and arts-focused small grants.
• Trained 181 energy efficiency and lead remediation workers, and 290 community members in healthy homes services.
• Delivered financial solutions and housing counseling to 400 employees and households.
• Secured, after years of planning and negotiation, a New Markets Tax Credit package totaling $8M. With these funds, Isles will complete construction on the 75,000 sq. ft. Social Profit Center.
Strategic Priorities Looking Forward
Isles will:
• Continue efforts to transform Trenton into a vibrant, safe, healthy, and fun city that attracts investment and utilizes that investment wisely to cultivate sustainability and equity.
• Help to change youth’s educational and life outcomes by removing ecosystem barriers to self-reliance.
• Improve the health, comfort, and safety of family indoor environments.
• Support family efforts to acquire or protect their long-term assets and help them achieve their financial goals.
• Train and support workers and contractors to obtain and keep jobs that pay a livable wage.
• Influence health and public policies to improve lead safety and community health.
• Complete the construction and lease-up of the Social Profit Center, ensuring that it supports a thriving community that helps mission-driven organizations across the region, and develop a long term strategic plan for the Center.
• Continue to integrate Isles’ service areas and reduce administrative costs.
• Improve Isles’ long-term financial sustainability and continue efforts to expand and diversify Isles’ funding base, particularly unrestricted funding.
Position Summary:
The CEO is ultimately responsible for all agency services, fundraising, finances, and administration. This includes setting the strategic direction, translating that strategy into action and deliverables, and for successfully meeting Isles’ goals and mission. The CEO is Isles’ primary representative to external and internal stakeholders. S/he is responsible for processing and leveraging Isles’ insights to refine, eliminate, or develop services or products to better meet Isles’ mission, with an eye towards innovation. S/he must also expand Isles’ influence across a wide range of audiences and policies.
Responsibilities:
Reporting to the Board of Trustees, the CEO has the following day-to-day duties:
• Transition and nurture relationships from Isles’ Founder and build new significant relationships; develop new sources of unrestricted funds by pursuing various forms of major gifts, particularly from high net-worth donors.
• Serve as the primary ambassador to various stakeholder groups including, but not limited to, state and local government leaders, the press, nonprofits, funders etc., to expand Isles’ impact regionally and nationally.
• Collaborate with Isles’ COO / Managing Directors to respond to community needs and demands, research best practices, and innovate new or transform existing services in response to insights gained from Isles’ unique view across multiple service lines.
• Establish and achieve financial goals set by the annual budget in collaboration with Isles’ COO / Managing Directors. Provide oversight to the endowment.
• Set an organizational tone that results in high functioning employees who understand Isles’ mission and remain true to self-reliant families and healthy, sustainable communities.
• Represent Isles to the Board of Trustees, keeping members abreast of services and products, fundraising, financial matters, and public communications.
• Oversee the development of Mill One Social Profit Center including construction schedules, leasing and ensuring ongoing revenue (rental income).
• Develop the long term strategic plan for the Social Profit Center.
• Update Isles’ overall Strategic Plan.
Requirements:
Given the unique mission and culture of Isles, the below characteristics are important:
• Passion for Isles’ mission of family self-reliance and healthy, sustainable communities; believe deeply in the capacity of the people Isles serves.
• Relevant background in community and/or environmental development.
• Demonstrated experience in leading a high functioning, impactful organization, including finance and administration.
• Demonstrated results in leading continuous fundraising activities.
• Capacity to establish and build relationships with community, business, government, philanthropic and nonprofit leaders, along with the ability to collaborate with partners.
• Demonstrated experience managing an organization with multiple, diverse service/business lines.
• An innovator and stellar strategist with a successful track record aligning multiple stakeholders around a common vision and related strategies.
• Demonstrated experience taking calculated risks and effectively evaluating the full return on investment.
• A masterful communicator and excellent listener with a strong ability to build trust among a wide range of cultures and constituents, with high emotional intelligence.
• Experience leading and inspiring a large, experienced staff; success in fostering staff leadership and professional development; demonstrated experience managing a matrixed organization.
• Ability to work collaboratively with the Board of Trustees, and support board priorities.
• A history of working with the politics, disparities, and struggles that affect urban communities; ability to interact effectively with a broad mix of people, both within and outside the organization; a familiarity with Trenton is a plus, but not required.
• Bachelor degree required; advanced degree helpful.
Compensation:
Commensurate with experience.
How to Apply:
To apply, upload resume, cover letter, and salary requirements by visiting this link: https://curawebservices.mindscope.com/RAFFA04463_CURA/Aspx/form.aspx?lan... . For other inquiries, contact Adrienne O’Rourke at Adrienne.ORourke@marcumllp.com . Resume reviews begin immediately.
Isles provides equal employment opportunities without regard to race, color, ethnicity, religion, sex, pregnancy or recent childbirth or related medical condition, gender identity and expression, sexual orientation, national origin, ancestry, age, disability, the use of a guide or support animal because of blindness, deafness or physical handicap of any individual, citizenship, veteran or military status, genetic information, marital status, familial status, domestic or sexual violence victim status, possession of a GED instead of a high school diploma, or any other protected characteristic under applicable federal, state or local laws.
About Raffa – Marcum’s Nonprofit & Social Sector Group
On behalf of Isles, Raffa – Marcum’s Nonprofit & Social Sector Group is working with the Board of Directors to advance the search. Founded in 1984 and recently merged with Marcum, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious companies like Isles. Learn more about our work at http://marcumllp.com/industries/nonprofit-social-sector.
Background:
Systima Capital Management (“Systima”) is a Chicago-based alternative investment manager focused on credit investments in the affordable housing real estate and mortgage markets. Systima manages assets on behalf of institutional investors including a U.S. pension plan and various family offices and foundations. Systima is experiencing dynamic growth and looking to add top tier talent.
Position Summary:
The Underwriting Analyst will support the overall origination and underwriting process for affordable multifamily housing loans. The Analyst will work independently and report to the Portfolio Manager/Director of Risk Management and Vice President of Investments. This will include, but is not limited to:
• Evaluating investment opportunities
• Perform extensive due diligence, underwriting, and financial modeling
• Assist with market research on new debt opportunities
Responsibilities:
• Underwrite, under tight time constraints, multifamily debt, securitizations, B-Notes, and preferred equity.
• Prepare Investment Committee Memos to highlight credit strengths and risks pertaining to transactions, including loan structure, cash flow, valuation and market information.
• Assist with deal closings and transition to asset management.
• Assist with asset management, including financial statement analysis, investor reporting and perform site inspections.
• Perform ad-hoc analysis and create presentations as requested by senior management and/or investors.
Requirements:
• Previous experience in real estate investment banking, hedge fund, or private equity preferred.
• 1- 4 years of experience in underwriting multifamily housing.
• Experience in affordable housing, including Low Income Housing Tax Credits (“LIHTC”), Project Based Section 8/HAP Contracts and Government Sponsored Entities (Fannie Mae and Freddie Mac) affordable housing loan programs preferred, but not required.
• Advanced financial modeling skills.
• Proficiency with the Microsoft Office Suite, particularly Microsoft PowerPoint and Excel.
Compensation:
Competitive salary with performance-based bonus and attractive benefit package.
How to Apply:
Systima Capital Management is an equal opportunity employer. Please send resumes to careers@systimacapital.com
Background:
Systima Capital Management (“Systima”) is a Chicago-based alternative investment manager focused on credit investments in the affordable housing real estate and mortgage markets. Systima manages assets on behalf of institutional investors including a U.S. pension plan and various family offices and foundations. Systima is experiencing dynamic growth and looking to add top tier talent.
Position Summary:
The Underwriting Analyst will support the overall origination and underwriting process for affordable multifamily housing loans. The Analyst will work independently and report to the Portfolio Manager/Director of Risk Management and Vice President of Investments. This will include, but is not limited to:
• Evaluating investment opportunities
• Perform extensive due diligence, underwriting, and financial modeling
• Assist with market research on new debt opportunities
Responsibilities:
• Underwrite, under tight time constraints, multifamily debt, securitizations, B-Notes, and preferred equity.
• Prepare Investment Committee Memos to highlight credit strengths and risks pertaining to transactions, including loan structure, cash flow, valuation and market information.
• Assist with deal closings and transition to asset management.
• Assist with asset management, including financial statement analysis, investor reporting and perform site inspections.
• Perform ad-hoc analysis and create presentations as requested by senior management and/or investors.
Requirements:
• Previous experience in real estate investment banking, hedge fund, or private equity preferred.
• 1- 4 years of experience in underwriting multifamily housing.
• Experience in affordable housing, including Low Income Housing Tax Credits (“LIHTC”), Project Based Section 8/HAP Contracts and Government Sponsored Entities (Fannie Mae and Freddie Mac) affordable housing loan programs preferred, but not required.
• Advanced financial modeling skills.
• Proficiency with the Microsoft Office Suite, particularly Microsoft PowerPoint and Excel.
Compensation:
Competitive salary with performance-based bonus and attractive benefit package.
How to Apply:
Systima Capital Management is an equal opportunity employer. Please send resumes to careers@systimacapital.com
Background:
CDFI Friendly South Bend is a startup nonprofit corporation formed to implement a strategy to substantially increase financing by community development financial institutions (CDFIs) and others in and around South Bend. CDFIs provide flexible, affordable financing for affordable housing, small businesses, nonprofits, and real estate. They work in urban, rural, and Native markets in all 50 states but generally find it difficult to serve smaller markets such as South Bend.
CDFI Friendly South Bend will provide critical matchmaking services between local borrowers and a variety of lenders. Our business plan estimates that CDFI Friendly South Bend could produce more than $17 million in new financing by CDFIs in South Bend over 3 years from 2020-2022. Our business plan is based on more than one year’s work by residents, community organization leaders, financial institution executives, City officials, University of Notre Dame representatives, CDFIs currently working in South Bend as well as those interested in future work in South Bend, and others participating in a collaborative CDFI Working Group. This strategy led to the formation of CDFI Friendly South Bend as an independent nonprofit corporation. Mayor Mueller named the initial Board of Directors in February 2020.
Position Summary:
The Executive Director will lead CDFI Friendly South Bend by collaborating locally and with regional and national CDFIs, banks, and other sources of capital to serve the South Bend market. This is a startup corporation and the Executive Director will be the first, and for the time being, only, hire. The Executive Director must be a self-starter with the capacity to build on an understanding of the South Bend market and the capacity and willingness to deepen their market knowledge. This person will market the company to affordable housing developers, commercial real estate developers, business owners, entrepreneurs and nonprofits, to learn about groups seeking financing and make matches with capital sources. The Executive Director will also market opportunities to invest in and manage a capital enhancement fund operated by this company. The Executive Director will assume responsibility in the areas of program development, management, fundraising, and public relations.
Responsibilities:
The Executive Director’s primary responsibilities will include the following:
Program
• Represent CDFI Friendly South Bend in the local community, promoting its goals and services, and with the CDFI industry locally, regionally, and nationally, advocating and advancing local financing opportunities.
• Develop outreach and marketing materials to distribute to potential partners, investors, funders, and allies.
• Coordinate CDFI Friendly South Bend’s work with investors, funders, the City of South Bend, and others pursuing aligned goals.
• Participate in CDFI industry activities to understand CDFI priorities, to promote South Bend and to seek financial support.
• Negotiate and structure financing using CDFI Friendly South Bend’s defined products, present financing opportunities to CFSB’s Investment Committee and Board, close transactions, and monitor investments and portfolio performance.
• Report regularly to the Board and to investors on programmatic outcomes and performance.
• Develop and propose programmatic adjustments and/or enhancements in pursuit of CDFI Friendly South Bend’s mission and purpose.
• Provide strategic direction and leadership, including recommending to the Board of Directors possible improvements in the organization’s strategy and program.
• Conduct organized and effective public relations effort in local and CDFI markets through social media, earned media, and direct communications.
• Ensure a clear understanding of the goals and mission of CDFI Friendly South Bend throughout the region.
Management and Fundraising
• Set up and supervise operating systems, including financial management, operational policies, loan policies, and other core functional procedures.
• Create and implement procedures and documentation to close funding and financing as well as other contractual business relationships for CDFI Friendly South Bend.
• Raise funds, as determined with the Board of Directors, to ensure ongoing operations and organizational sustainability.
• Manage relationships with funders and investors, including seeking and cultivating relationships with new and additional funders and investors, as needed.
• Maintain and track fundraising results.
Requirements:
Qualifications:
This position involves an unusual blend of financial experience, credit expertise, nonprofit management history, and local market awareness. The Executive Director must have strong financial, writing, speaking, public relations, management, leadership, and planning skills. They must be able to work in both the local community with partners that bring diverse backgrounds and skills as well as in the financial marketplace of CDFIs, banks, and foundations. They should be skilled organizers able to bring together people across multiple areas of expertise and diverse cultures.
Requirements:
The Executive Director must have a bachelor’s degree. A master’s degree or comparable experience in business, management, economic or community development, banking, and/or finance is desirable. They must have at least five (5) years of work experience including management, credit, and public-facing duties such as public relations. Strong candidates will demonstrate continuous growth in responsibility in their work and regular pursuit of promising new opportunities.
Compensation:
CDFI Friendly South Bend will offer a competitive salary and benefits package based on the experience of the candidate. We expect the compensation package to be in the $80,000 to $100,000 range.
How to Apply:
Please submit your cover letter and resume to CDFIfriendlySB@gmail.com.
Background:
The San Francisco Housing Accelerator Fund (SFHAF) is an innovative nonprofit lender and Community Development Financial Institution (CDFI) that leverages public, private, and philanthropic capital to help the city of San Francisco prevent displacement of low-income and working families and accelerates the production of new affordable housing projects. SFHAF is a public-private partnership and was established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development in collaboration with private funders (led by Citibank, Dignity Health, and The San Francisco Foundation) and community-based developers.
SFHAF has raised over $250 million in capital and deployed and committed over $130M to help nonprofits acquire buildings and convert them to permanently affordable housing in San Francisco. SFHAF also manages a philanthropic fund on behalf of Tipping Point Community to fund a prototype of more cost-effective supportive housing for chronically homeless individuals.
Position Summary:
SFHAF is seeking a real estate lending/investment professional who will report to SFHAF’s Chief Lending and Investment Officer and the Senior Vice President of Lending & Capital, and work closely with the CEO, Senior Analysts, and SFHAF’s third-party underwriting consultants, financial advisors, accounting team, and construction manager. Title and specific responsibilities will be determined based on an individual’s background and experience.
Responsibilities:
A lending/investment professional at SFHAF will engage in any variety of the following projects and opportunities:
Loan Originations
Underwriting and closing loans to developers for acquisition, new construction, or rehabilitation of affordable
housing developments.
Portfolio Operations
Implementation of new loan servicing and documentation system;
Overseeing construction management of building rehabilitation projects funded by SFHAF.
Special Projects
Investment analysis of new acquisition sites for affordable housing development;
Modeling expansion of affordable housing preservation programs or replication to other markets;
Development of innovative financing structures for converting market-rate housing units to permanently affordable
housing.
Requirements:
A qualified candidate will have a professional background in one or more of the following areas:
Lending or underwriting multifamily residential real estate projects, preferably for a financial institution or public
sector funder;
Project management or construction management for development of multifamily housing projects;
Real estate market and/or financial feasibility analysis;
Financial or operations management at an affordable housing development organization in the Bay Area.
We are seeking a candidate with the following credentials:
3+ years of experience in a lending/finance or real estate role;
Demonstration of a passionate interest in addressing San Francisco’s housing affordability and homelessness crisis,
especially through public-private partnerships;
Possession of strong analytical skills and the ability to complete detail-focused quantitative work on deadline;
Excellent facility with Microsoft Excel and familiarity with real estate project proformas;
Proven success as a resourceful self-starter comfortable working in a fast-paced environment with ambitious growth
targets;
The ability to coordinate multiple projects simultaneously and execute critical-path project management
Compensation:
We value our staff and, as such, salary is competitive based on experience with comprehensive health benefits
How to Apply:
Email a short cover letter and resume to Becca Hutman (bhutman@sfhaf.org).
Background:
The Great Falls Montana Development Authority is a non-profit regional economic development organization and certified CDFI. Visit GrowGreatFallsMontana.org
Position Summary:
Commercial Lending Operations Specialist
Economic Development
Community Development Financial Institution (CDFI)
Great Falls Montana Development Authority
Experienced, self-motivated lending operations professional sought for two-person lending team within 15-person nonprofit economic development Community Development Financial Institution. Help us to continue to grow our gap and bridge financing efforts to support entrepreneurs, businesses, developers and non-profit organizations throughout the Great Falls trade area and across Montana. Responsible for working with borrowers to put together thorough and accurate loan application packages, preparing loan documents, coordinating loans closings, managing our loan portfolio, maintaining digital loan files, preparing reports to public and private loan capital sources, and maintaining excellent relationships with clients and bank partners. Requires working familiarity with commercial loan documents and recording, insurance, appraisals, and lending practices. Requires the ability to maintain accurate records, work with a wide variety of clients and bank partners, and excellent computer and communication skills. Must be detail-oriented and organized with the flexibility to help achieve our overall team mission. Experience with EDA, USDA, CDFI, EPA and/or SBA 504 loans a plus. Live on the Missouri River along the Rocky Mountain Front and work with a great team! Salary range $45,000-50,000+ with excellent benefits, professional development, growth opportunities, and flex-time work environment. EOE. Cover letter and resume to Brett Doney, President. Open until we find a great candidate.
Responsibilities:
See position summary.
Requirements:
See position summary.
Compensation:
$45,000-50,000+
How to Apply:
Email cover letter and resume to Brett Doney, BDoney@GrowGreatFalls.org
