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Loan Monitoring Officer – Lending Local Initiatives Support Corporation
New York, NY
Job Function: Lending/Loan Operations
Posted: April 8, 2019

Background:

With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families

Over the last 38 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. These investments have leveraged more than $50 billion in development activity and helped families and communities raise their standards of living. LISC investments impact the lives of nearly 7 million Americans.

A core function of LISC is its operation as a loan fund. LISC provides various loan products to a wide array of project types. All loans are subject to oversight by LISC’s Lending Department. In 2018, LISC approved more than $250 million of new loan commitments, and the outstanding loan portfolio at year-end was more than $425 million. LISC is looking to grow its lending volume in the years ahead.

Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 31 markets with offices extending from Buffalo to San Francisco. Our rural programs make an impact in 44 states and are supported by LISC’s talented and dedicated workforce. Visit us at
www.lisc.org for more information.

Position Summary:

Local Initiatives Support Corporation (LISC) is seeking qualified candidates to fill the position of Loan Monitoring Officer. This position will be part of LISC’s Lending Department and will report to LISC’s Director of Asset Management and work in close coordination with lending staff in the field and other members of LISC’s Lending and Legal departments.

Responsibilities:

The Loan Monitoring Officer will be responsible for assisting the Director of Asset Management with monitoring, tracking and reporting on LISC’s portfolio, managing work-outs and contributing to other facets of the Lending Department’s work as needed. The primary duties of the position include:

• Manage a loan portfolio of approximately 100 loans, spanning numerous product and project types provided by LISC as part of its community development activity.
• Position requires proactive management of closed loans including the following:
o Risk Rating assets and preparing portfolio performance reports for committee review.
o Writing quarterly loan watch reports and presenting to committee for review.
o Monitoring disbursements on Lines of Credit and Pre-Development loans.
o Communicating with borrowers in regards to pending maturity dates, late payments and other loan covenant compliance.
o Analyze loan performance against underwriting projections to identify any potential loan repayment problems.
o Identify, prioritize and engage in problem solving with borrowers offer recommendations when issues arise.
o Review and track insurance certificates for active loans.
o Prepare post-closing amendments per LISC guidelines.
o Prepare write off memos for auditors

• Ensure the quality of data in LISC’s loan administration system, including development of policies and procedures for data collection and quality maintenance, inputting and maintenance of data, and oversight of the management and use of data.
• Perform additional loan monitoring on individual loans and prepare reports on as as-needed basis.
• Interact with LISC staff to provide accurate and timely information

Requirements:

Applicants should have the following qualifications:

• Bachelor’s degree required.
• At least three (3) years real estate experience preferably working with LIHTC and/or NMTC or comparable experience in commercial real estate, banking/finance or urban planning.
• Candidate must have working knowledge of real estate, finance and/or operations.
• Experience with asset management, acquisitions, credit, underwriting in community development is a plus.
• Strong communication, analytical, decision-making, time management, organizational, follow-up and relationship management skills.
• Self-starter ability to work independently as well as collaboratively.
• Proficiency in Microsoft Office suite, particularly Microsoft Excel.

Compensation:

LISC provides a competitive salary and excellent fringe benefits for this position. The position will be based in LISC’s New York City headquarters and is available immediately.

How to Apply:

To apply, please email a detailed cover letter and resume to:

Mary Kursar
Director of Asset Management
Local Initiatives Support Corporation
501 Seventh Avenue-7th Floor, New York, NY 10018
mkursar@lisc.org
LISC IS AN EQUAL OPPORTUNITY EMPLOYER

Chief Financial Officer NPAG
Oakland, CA
Job Function: Finance
Posted: April 7, 2019

Background:

ORGANIZATIONAL OVERVIEW

First Place for Youth (First Place) is a national leader in building and utilizing evidence for how to most effectively address the needs of foster youth as they transition to adulthood. Driven by a relentless pursuit of excellence, First Place is working to increase awareness, change perceptions, and build a movement to eliminate the disparities between foster youth and their non-foster peers.

VISION, HISTORY & KEY PROGRAMS

First Place for Youth believes that all foster kids in the United States can make a successful transition to adulthood, eliminating the disparities between foster youth and their non-foster care peers. First Place knows that, just like all youth, foster youth need a runway of support in the transition from adolescence to adulthood. Unfortunately, in the United States, many foster youth lack supports for housing, education, or other assistance from caring adults; without this:
• 35% of former foster youth experience homelessness;
• 20% will be arrested or incarcerated;
• 54% will drop out of high school; and
• 99% will never graduate from college.

First Place partners with young people in finding a safe place to live, getting their first job, and continuing their education – interventions that are carefully designed, tested, and proven to lead to decreased rates of chronic homelessness, incarceration, and long-term poverty. Since its inception, First Place’s programs have demonstrated that with the right leadership and support, transition-age foster youth can defy these odds.

Founded in 1998 by graduate students Amy Lemley and Deanne Pearn at the University of California at Berkeley-Goldman School of Public Policy, First Place began with a small grant to provide critical housing and education support to four alumni of foster care. With growing awareness of the significant challenges youth face in exiting foster care, First Place became the first organization in Northern California dedicated exclusively to addressing the lack of affordable housing and resources for this population. With the support of transformational leadership, including that of outgoing CEO Sam Cobbs, First Place has grown into a nationally-recognized organization providing evidence-informed, customized interventions that drive meaningful and measurable change in the long-term success of young people exiting foster care.

Position Summary:

First Place for Youth (First Place) helps foster youth build the skills they need to make a successful transition to self-sufficiency and responsible adulthood. Believing that foster youth, like all youth, need a runway of support to transition from adolescence to adulthood, First Place partners with young people in finding a safe place to live, getting their first job, and continuing their education. Headquartered in Oakland, CA, First Place has expanded rapidly in recent years and now serves young people in six California counties and two additional states, with additional expansion on the horizon. As it navigates a new era of scale and impact, First Place seeks a mission-driven, collaborative leader and strategist with experience leading in the context of growth, programmatic excellence, and sustainability to serve as Chief Financial Officer (CFO).

Reporting to the CEO, the Chief Financial Officer will drive the financial planning and accountability functions throughout the organization as they plan for further national expansion of an affiliate network. Working closely with the Chief Executive Officer and the senior management team, s/he/they will bring strategic financial acumen to bear in setting the agency’s future direction, shaping policy and funding priorities, monitoring relevant shifts in the regional and national landscape, and developing the systems and practices that will allow First Place to fully capture those opportunities for expansion.

The ideal candidate will be a seasoned and strategic finance professional with experience in nonprofit management, preferably in the context of a multi-site program with diverse funding streams. S/he/they will demonstrate exceptional analytical, consultative, and collaborative leadership skills in both guiding and developing the finance team, creating and implementing systems and processes to ensure compliance, efficiency, and excellence across the department, and as a crucial member of the senior leadership team. S/he/they will have a strong personal commitment to First Place’s mission to serving youth; a demonstrated commitment to diversity, equity, inclusion, and continuous learning and reflection; and the ability to grow along with the organization as it plans for a new era of expansion and impact.
This search is being conducted with support from NPAG. Application instructions can be found at the end of this document.

Grounded in positive youth development theory, First Place’s approach focuses on partnering with youth in service delivery and providing opportunities that meet their full range of developmental needs – educational, economic, social, and psychological. First Place delivers these interventions through three key program models:

My First Place
My First Place (MFP) is a nationally-recognized model for providing current and former foster youth necessary support in their transition to adulthood. The program provides one or two-bedroom apartments, support with move-in costs, rent, furnishings, health and nutrition resources, employment support, and other essential services. Program staff work directly with young people to collectively set and work toward goals, allowing young people to move toward greater independence. MFP serves the most vulnerable former and current transition-age foster youth (ages 18 to 24) who are otherwise often unprepared for independent living. MFP employs a youth-centered, needs-driven, trauma-informed approach to providing youth with support and coaching to learn independent living skills across life domains through real world application.

Steps to Success
The Steps to Success program within First Place is a Career Pathway Program that provides current and former foster youth critical educational and employment supports that increase their ability to perform effectively at a post-secondary level, and ultimately to secure sustainable, living-wage employment. Youth receive one-on-one support to explore and identify a career pathway of interest, work toward stackable vocational certificates, and transition into internships where they gain technical skills and work-based experience. Program staff also work directly with young people in providing education planning, course selection, tutoring, career counseling, resume writing, and other services that directly support their long-term goals.

First Foundation/ Independent Living Skills Program (ILSP)
Key to First Place’s commitment to providing preventative services to foster youth still in care, the First Foundation program is a nationally-recognized, intensive academic and personal counseling program (part of the larger Independent Living Skills Program) that works to keep foster youth from dropping out of school. The U.S. Department of Health and Human Services has highlighted First Foundation as one of 20 “best practice programs” in the country.
IMPACT & EXPANSION
Celebrating its 20th anniversary this year, First Place has demonstrated extraordinary impact and success as measured by the outcomes of the foster youth and former foster youth that they serve.

With the support of Tipping Point Community, The Kresge Foundation, The Conrad Hilton Foundation, and New Profit Inc., among others, First Place has built upon its early work in specialized housing and services for former foster youth in Oakland, incorporating and expanding its nationally-recognized employment and education programming. This holistic, evidence-based and comprehensive approach is changing the dialogue around emancipated youth, shaping the culture and practices of child welfare, and affecting legislation in a way that supports the desired outcome of self-sufficiency.

Since its founding, First Place’s work has been driven by two simultaneous goals: provide result-driven direct services to young people while also initiating and shaping public policies that will improve the lives of youth as they transition out of foster care. By ensuring that effective, evidence-informed direct services drive the organization’s public policy efforts, First Place has a unique opportunity to continually inform, test, implement, and refine services for young people in order to support policies that drive the best long-term outcomes for the largest number of foster youth.

The success of First Place’s programming has also attracted significant support from a diverse group of private and public funders, furthering the long-term sustainability of the work. Now one year ahead of schedule, First Place’s Ready to Launch Campaign has raised more than the $15M goal, building a financial foundation for the expansion and enrichment of programs as the work continues to scale rapidly.

My First Place Affiliate Network
Over the past five years, First Place has focused significantly on the refinement and expansion of the flagship My First Place (MFP) program. The newly formed My First Place Affiliate Network has begun to replicate this model in Boston and the state of Mississippi, with plans for additional expansion to New York City in process. First Place plans to continue this work, partnering with independent 501(c)3 organizations to launch additional affiliate MFP programs in five to seven cities in the next few years. This affiliate network model allows First Place to leverage existing infrastructure and talent and allow for necessary adaptation while still upholding rigorous standards for quality and outcomes that are driven by evaluation.

OPPORTUNITIES AND CHALLENGES FACING THE NEW CFO

The CFO will be a forward-looking and flexible thinker with the ability to quickly gather and synthesize information to drive rigorous planning and decision-making processes. S/he/they can expect to engage with the following challenges and opportunities:

Finance Leadership and Strategic Vision

• Provide proactive financial planning support and bring an entrepreneurial approach to creating and assessing financial strategies and funding mechanisms by way of recommendations, development of benchmarks, and analysis of progress. Work closely with the CEO and senior leadership team to ensure that organizational initiatives and activities are aligned with the financial growth strategy of First Place.
• Refine systems for generating real-time forecasts and other financial tools to support the organization in making sound business decisions, developing philanthropic support, and building capacity to review programs from a budgeting perspective.
• Advise CEO and key members of senior management on finances including planning, budgeting, cash flow,
investment priorities, and policy matters.
• Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of director and committee meetings.
• Lead proactive communications efforts to keep the CEO, senior leadership team, and board continuously up to date on the financial status of the organization and drive momentum on new initiatives.
• Represent the organization externally as necessary, particularly with respect to banking and lease negotiations.

Organizational Management and Development of the Finance Systems and Processes

• Create systems to produce accurate and timely information on the financial status of all programs and departments upon request, including reports that enable First Place directors and managers to monitor and manage their own departmental, team, or project budgets.
• Oversee the annual audit and ensure a clean opinion.
• Plan, coordinate, and execute the annual budget process. Lead the development of a set of annual planning tools and systems that encompass broader strategic goals.
• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures. Provide analytical support to the leadership team including development of internal management reporting capabilities.
• Improve administrative and accounting services such as treasury management, 403B plans, grants payment processing, payroll, accounts payable, and purchasing. Ensure accuracy and compliance with First Place accounting policies and procedures as well as regulatory compliance and sales tax reporting.

Staff Development and Performance Management

• Ensure that staff members receive timely and appropriate training. Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer all aspects of employee relations for assigned staff.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and customer service.
• Exemplify First Place’s commitment to serving and empowering youth and advance a culture of respect and inclusion that respects individuals and their unique contributions.

Responsibilities:

OPPORTUNITIES AND CHALLENGES FACING THE NEW CFO

The CFO will be a forward-looking and flexible thinker with the ability to quickly gather and synthesize information to drive rigorous planning and decision-making processes. S/he/they can expect to engage with the following challenges and opportunities:

Finance Leadership and Strategic Vision

• Provide proactive financial planning support and bring an entrepreneurial approach to creating and assessing financial strategies and funding mechanisms by way of recommendations, development of benchmarks, and analysis of progress. Work closely with the CEO and senior leadership team to ensure that organizational initiatives and activities are aligned with the financial growth strategy of First Place.
• Refine systems for generating real-time forecasts and other financial tools to support the organization in making sound business decisions, developing philanthropic support, and building capacity to review programs from a budgeting perspective.
• Advise CEO and key members of senior management on finances including planning, budgeting, cash flow,
investment priorities, and policy matters.
• Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of director and committee meetings.
• Lead proactive communications efforts to keep the CEO, senior leadership team, and board continuously up to date on the financial status of the organization and drive momentum on new initiatives.
• Represent the organization externally as necessary, particularly with respect to banking and lease negotiations.

Organizational Management and Development of the Finance Systems and Processes

• Create systems to produce accurate and timely information on the financial status of all programs and departments upon request, including reports that enable First Place directors and managers to monitor and manage their own departmental, team, or project budgets.
• Oversee the annual audit and ensure a clean opinion.
• Plan, coordinate, and execute the annual budget process. Lead the development of a set of annual planning tools and systems that encompass broader strategic goals.
• Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures. Provide analytical support to the leadership team including development of internal management reporting capabilities.
• Improve administrative and accounting services such as treasury management, 403B plans, grants payment processing, payroll, accounts payable, and purchasing. Ensure accuracy and compliance with First Place accounting policies and procedures as well as regulatory compliance and sales tax reporting.

Staff Development and Performance Management

• Ensure that staff members receive timely and appropriate training. Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer all aspects of employee relations for assigned staff.
• Promote a culture of high performance and continuous improvement that values learning and a commitment to quality and customer service.
• Exemplify First Place’s commitment to serving and empowering youth and advance a culture of respect and inclusion that respects individuals and their unique contributions.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

While no one candidate will embody all the qualifications enumerated below, the ideal candidate will possess many of the following professional and personal capacities, attributes, and experiences:

• Sophisticated leadership skills and presence developed through a minimum of eight to ten years of progressive nonprofit financial leadership experience preferably in a high-growth, best-in-class organization with a youth-facing and/or direct service focus; Demonstrated values-based leadership and the highest levels of personal and professional integrity;
• Experience managing a variety of sources of grants and contracts, and gathering accurate financial data for government and foundation grant proposals and reports is required; Comprehensive and expert knowledge of internal controls, FASB, GAAP, government accounting policies, cost allocation procedures, and fund accounting is desirable;
• Experience leading budget development, financial modeling, and forecasting processes in a non-profit organization; Strong cross-functional capacity to both lead and participate across teams to define issues and agree on processes, strategies, and outcomes;
• Exceptional oral and written communication skills including the demonstrated ability to research, synthesize, and analyze information, compose documents, and present data in a clear and concise manner to appropriate personnel, including top management, program staff, and/or Board of Directors;
• Strong customer service orientation and willingness to be a consistent resource to staff around issues of finance, budgeting, and planning;
• Collaborative work style and the ability to either take direction or work independently as the situation requires; Sets clear goals with staff and uses data to evaluate progress towards goals; Creates and communicates vision and then empowers team to carry it out; Proactively addresses performance issues by diagnosing problems, developing solutions, and monitoring progress; Celebrates accomplishments, and invests in staff using both collaboration and guidance;
• Strongly results-driven with detail orientation; Demonstrated ability to think strategically while executing tactically within a resource-constrained environment;
• Sense of humor, humility, perspective, and balance;
• Proficiency with standard finance systems and tools is required; Working knowledge of Sage MIP fiscal software not required, but a plus;
• Bachelor’s degree in relevant field from an accredited institution required. Advanced degree and/or CPA preferred.

Compensation:

Commensurate with Experience

How to Apply:

TO APPLY

More information about First Place for Youth may be found at: www.firstplaceforyouth.org

This search is being conducted with support from Allison Kupfer Poteet, Nureen Das, and Chris Cannon of NPAG. Nominations, inquiries, and/or applications, including a cover letter describing your interest and qualifications, and your resume should be submitted to: FPFY-CFO@nonprofitprofessionals.com

First Place for Youth is an equal opportunity employer and proudly values diversity.
Candidates of all backgrounds are strongly encouraged to apply.

Rural Development Specialist - Community and Economic Development Rural Community Assistance Corporation
West Sacramento, CA
Job Function: Business Development
Posted: April 4, 2019

Background:

Organization
Founded in 1978, RCAC is a 501(c)(3) non-profit that provides training, technical and financial resources and advocacy so low-income rural communities can achieve their goals and visions. Our dedicated staff and active board is working to make our vision of vibrant, healthy and enduring rural communities a reality across the West.
Community and Environmental Services
RCAC’s comprehensive community and environmental services support rural communities to create a vision, set goals and implement an action plan for community development projects. The Building Rural Economies (BRE) initiative trains and builds community support for entrepreneurial development based on local resources and supply chains. BRE builds the capacity of local sponsoring organizations to network, plan and implement economic development initiatives in rural communities.

Position Summary:

The Rural Development Specialist (RDS) will assist the BRE team with the expansion of our rural economic development initiative. Major responsibilities include, but are not limited to: work with rural communities to identify and develop strategies that lead to new economic opportunities; work with small rural communities to build and implement wealth building strategies using the BRE program’s training and technical assistance curriculum.

Responsibilities:

Specific job goals, objectives and tasks are established for each employee as part of the annual evaluation and work plan process. Duties and responsibilities include, but are not limited to:
• Provide training, technical assistance and coaching to small rural communities within the RCAC footprint to identify and implement economic opportunities for a place-based entrepreneurial culture
• Assist communities to build leadership, entrepreneurial and economic development networks
• Facilitate local planning and leadership development programs
• Provide training and technical assistance to small rural communities to develop and submit federal, state and private applications to fund local economic and community development goals
• Assist communities to identify and secure resources for sustainable operations
• Work with BRE staff to develop tools and resources to cultivate local entrepreneurship; support community work plan development and implementation; and provide research and writing support for market studies, feasibility analysis, project financing, and business plans.
• Assist small rural communities to finance new small businesses and community facilities through RCAC’s Loan Fund

Requirements:

Skills and Qualifications
• Knowledge of economic development networks
• Knowledge of principles of adult learning
• Knowledge of program development and grant writing using an outcomes framework
• Knowledge of performance management principles
• Ability to think and talk from a business perspective
• Ability to talk to business people and communities outside RCAC’s regional footprint about economic development
• Ability to build teams and establish trust
• Proficiency with computer software including Microsoft Office
• Ability to effectively listen and communicate, verbally and in writing
• Ability to work with minimum supervision and handle multiple priorities simultaneously
• Ability to organize and prioritize work to meet established timelines
• Ability to use good judgment, both independently and as part of a team
• Ability to provide high quality customer service
• Ability to perform research and analysis
• Ability to facilitate meetings
• Ability to develop and conduct participant-centered trainings
• Ability to analyze business/operation systems and organizations
• Ability to use initiative to troubleshoot and problem solve
Preferred Education and Experience
A combination of experience and education is required to qualify for the position.
A typical qualifying combination would be:

Experience:
Three years of applicable experience in community economic development. Experience in project management. Experience in training, facilitating and mediating community programs/projects is highly desirable. (If a higher level of related education is possessed than is required, this education may be substituted for the experience requirement up to a maximum of one year).

Education:
Bachelor’s degree (additional qualifying experience may be substituted for the required education).

Compensation:

$57,600 to $60,000 annually

How to Apply:

Please visit our website at www.rcac.org/careers to view the job description and apply online.

Commercial Finance Coordinator TCEG
Philadelphia, PA
Job Function: Finance
Posted: April 4, 2019

Background:

The Creative Engagement Group TCEG is a subsidiary of Huntsworth Plc., the healthcare communications and public relations group.
Our brands work with an international blue-chip client base across a range of sectors, with particular strength in healthcare. We offer a unique set of talents and skills, assembling the right team to provide an integrated approach in order to help our clients address their communication and engagement challenges, providing communications solutions through a variety of service offerings including live event production, exhibitions, project management, logistics, video, medical communications, virtual and digital - supported by our creative studio and brand communications teams.
TCEG operates with four brands: WRG, The Moment, Axiom and Just Communicate.

Position Summary:

You will be a key player within the Commercial support team. You will lead all staff training with respect to budget management software, ensuring the integrity and quality of data. You will be working alongside various stakeholders within the business, helping to give insight in the use of the dashboard data. You will be trained and supported on how to analyse the company financial and time utilization data, enabling you to help build commercial acumen, supporting business decisions. This role will be based in our Philadelphia office, but frequently communicate with the UK teams.

The split of duties can be broadly described as 1/3 user support, 1/3 system support + analytics and 1/3 commercial insight.

Responsibilities:

• Daily technical and user support for the budget management software (Procim)
• One to one and group training for the budget management software – you will become the go-to person for all queries and questions
• Routine reporting responsibilities
• Deployment of weekly and monthly MI reports
• Producing and maintaining training documentation
• Commercial support to the agency - understanding their targets and data for our clients

Requirements:

• Bachelor’s Degree or equivalent preferred
• The ability to quickly grasp and understand new business systems
• Flexibility to support teams & staff across multiple locations
• Ideally have experience working with business databases and datasets in a fast-paced environment
• Highly numerate, logical & methodical
• Strong Excel skill required
• Excellent attention to detail, and ability to manage multiple concurrent projects
• Able to work agile and able to priorities workload to meet business needs
• Proactive with a strong commercial sense
• Strong interpersonal skills and communication skills
• Confident in providing training and guidance across varied stakeholders
• Ability to present data in a simple and effective manner
• Demonstrate a high degree of initiative and take ownership of tasks
• Strong commercial awareness is preferred
• Genuine interest in business and commercials
• Strong analytical skills

Compensation:

Competitive salary and benefits package

How to Apply:

http://www.tceg.com/careers/

Business Development Officer TruFund Financial Services, Inc.
New York, NY
Job Function: Lending/Loan Operations
Posted: April 2, 2019

Background:

TruFund Financial Services, Inc. (“TruFund”) is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund. Headquartered in New York City, our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. As a not-for-profit, mission-driven entity, we offer access to affordable loan capital and business development services to small businesses and not-for-profit organizations that are financially viable but have difficulty accessing affordable capital from banks or other conventional lenders. We also have field offices in Louisiana (New Orleans and Baton Rouge) and Alabama (Birmingham).

Position Summary:

Job Type: Full-time

The Business Development Officer is responsible for identifying, acquiring, and expanding community development lending opportunities in target markets with a focus on providing loan financing, training and advising to small businesses and nonprofit organizations. The Business Development Officer will work closely with clients to assess needs, align solutions, and effectively manage the loan application process from origination to closing, and will continue to actively support the borrower relationship throughout the customer lifecycle.

Responsibilities:

Primary Job Functions:

Outreach & Deal Generation

• Cultivates new lending opportunities in target underserved markets
• Identifies, initiates and sustains positive relationships with client referral sources including banks, community-based organizations, city, state and federally sponsored small business support centers and programs among others.
• Promotes TruFund’s mission, programs, products and services to prospective clients, client referral sources and other community stakeholders to build brand awareness and expand impact.
• Responds to referrals (internal and external) in a timely, professional manner.
• Identifies and participates in events and activities that promote community development lending opportunities.
• Delivers educational workshops and presentations on panels and at community events as needed.

Client Relationship Management, Training & Advising

• Builds and sustains trust and rapport with a diverse range of clients.
• Assesses client needs and goals and aligns TruFund’s products and services to effectively meet needs and goals
• Empowers clients with knowledge and guidance on business management matters including strengthening qualifications for debt financing, preparing for and navigating the loan application process, utilizing loan capital, managing cash flow, and, improving overall financial sustainability and scalability.
• Works closely with loan collections staff to contact borrowers with delinquent loan accounts to help them find a method of repayment to avoid defaulting on the loan.
• Supports a team approach to customer relationship development and continuity.
• Promotes an overall client experience that leaves clients feeling empowered, at-ease, respected and regarded.

Loan Origination

• Aligns the most appropriate type of loan product to the borrower’s goals and needs and explains specific requirements and restrictions associated with the loan.
• Supports borrowers step-by-step through the application process by obtaining information about the purpose of the loan, supporting pre-screen processes, explaining the different types of loans and credit terms that are available, helping to explain and obtain documents and other requirements of the loan application, underwriting and closing processes.
• Organizes completed loan applications and submits them to Credit department for review and approval.
• Responds to client requests in a timely, professional manner.
• Meets performance goals on a quarterly basis – weekly goal for completed loan applications may exceed $100,000.

Underwriting Support

• Provides critical thinking, analysis, interpretation and evaluation of financial information and loan documentation to assess borrower capacity, cash flows, character, collateral, and condition to honor his or her obligations.
• Supports a comprehensive industry and financial analysis and risk assessment to determine appropriate loan terms and repayment schedule.
• Ensures that approval of new loan requests comply with loan underwriting, product and program policies and procedures.

Team & Organizational Support

• Understands and adheres to organizational policies, procedures, and guidelines.
• Participates in collaborative efforts to continually strengthen and develop the capabilities of the New York lending and business development services team to better serve clients.
• Supports and contributes to organization-wide initiatives to improve overall efficiency and effectiveness to better deliver on TruFund's mission.
• Promotes and sustains organization-wide norms and practices that encourage a culture that is performance-oriented, entrepreneurial and client-centered.
• Promotes and sustains a collaborative, professional and healthy work environment.

Requirements:

Minimum Qualifications:

Education and Related Work Experience:

• BS/BA required
• Minimum 3 years of small business lending experience
• Formal credit training is a plus.
• Prior work-related experience with community development lending, Small Business Administration (SBA) loans, as well as traditional and alternative loan programs is beneficial.

Knowledge, Skills, and Abilities:

• Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
• Superior analytical skills are required.
• A working knowledge of Small Business Administration (SBA) Loan Programs, Policies and Procedures as well as traditional and alternative Loan Programs is beneficial.
• Must be proficient in Windows based software.
• Ability to travel throughout New York City to visit prospective and current clients as necessary
• Must possess the ability to meet performance goals.
• Knowledge local markets including financial institutions, local government, and community organizations; and an understanding of local priorities, opportunities and challenges are preferred.
• Ability to fulfill Business Development Officer responsibilities in Spanish is also preferred.

To Apply:
Please email your resume and cover letter with salary requirements in MS Word format to Brian Gurski, New York Managing Director, at bgurski@trufund.org. Resumes not accompanied by a cover letter will not be considered.
Place “Business Development Officer” in the subject line of your e-mail.
We appreciate all responses, but due to the volume of applications we usually receive, we are not able to give status updates, but if you are invited for an interview, you will be contacted by a member of TruFund staff.
TruFund Financial Services is proud to be an Equal Opportunity Employer.
E-Verify Employer.

Compensation:

Negotiable

How to Apply:

To Apply:

Please email your resume and cover letter with salary requirements in MS Word format to Brian Gurski, New York Managing Director, at bgurski@trufund.org and copy Kim Carter Evans, Director of Corporate Communications. Resumes not accompanied by a cover letter will not be considered.

Place “Business Development Officer” in the subject line of your e-mail.

We appreciate all responses, but due to the volume of applications we usually receive, we are not able to give status updates, but if you are invited for an interview, you will be contacted by a member of TruFund staff.

TruFund Financial Services is proud to be an Equal Opportunity Employer.
E-Verify Employer.

LIHTC Investment Acquisitions Manager National Development Council (NDC)
Cleveland/NYC, PA
Job Function: Business Development
Posted: March 31, 2019

Background:

National Development Council Corporate Equity Fund (NDC CEF) is a Low Income Housing Tax Credit syndication fund dedicated to providing capital to affordable housing projects across the US. Over the last 20 years, NDC CEF has invested nearly $800 million spanning 32 states as well as the DC area and Puerto Rico.

Position Summary:

The Acquisitions Manager will report to the Director of Acquisitions and Underwriting and will work closely with the Fund Closing Manager as well as the Asset Management team to originate, underwrite, and close Low Income Housing Tax Credit investments. Business development skills and sourcing affordable housing developer relationships is a core component to this position. In addition, understanding of investment real estate, ability to perform complex financial modeling, and a sound understanding of the Low Income Housing Tax Credit program is essential to success in this role.

Responsibilities:

• Originate community development focused low income housing tax credit equity investments and historic rehabilitation tax credit equity investments throughout a national footprint with focus on the Central and Southeast portions of the United States.
• Maintain business development efforts thru developer prospecting and manage data relating to prospective clients.
• Complete full underwriting analysis of developments financed with low income housing tax credit equity and/or historic rehabilitation tax credit equity by preparing financial projections to determine pricing, yield, cash flow, reserve adequacy, as well as front end and back end partnership issues.
• Collaborate with Investor Relations group to identify potential investors and prepare investment summary memorandums for prospective investors to review.
• Draft letters of intent for prospective acquisitions and in support of tax credit applications.
• Take lead role in underwriting of all investments originated from initial screening through closing.
• Evaluate sponsor and project team experience including analysis and determination of financial capacity.
• Evaluate, identify and mitigate construction and operating risks through the review of market studies, developer pro formas, appraisals and other third party prepared reports.
• Prepare and present Investment Committee reports.
• Support the Investment Closing Manager throughout the closing process by helping to evaluate and negotiate terms and deal points.
• Maintain relationships with existing clients to ensure their needs are being met.
• Attend industry related seminars and conferences to ensure knowledge of current market trends in the affordable housing industry

Requirements:

• Strong ability to keep track of multiple projects in various stages, manage timelines and assist due diligence collection
• Well developed verbal and written communication skills, keeps team members informed of progress, overcomes obstacles
• Comfortable working with and understanding complex modeling spreadsheets
• Background and strong understanding of real estate documentation, partnership and operating company documentation
• Background and understanding of customary due diligence items needed in the development of and the investment in real estate
• Ability to travel, work independently while at home or on the road, and keep remote team members appropriately updated

Compensation:

Negotiable

How to Apply:

Interested and qualified applicants can direct cover letter and resume to James Poznik at jpoznik@ndconline.org

Impact Internship Aeris
Philadelphia, PA
Job Function: Intern/Work Study
Posted: March 29, 2019

Background:

Aeris accelerates the flow of capital to good by driving accountability and transparency into impact investing. Since 2004, Aeris has rated more than 120 community development loan funds (CDFIs) on financial strength and performance, and impact management, and provided due diligence, data, and consulting to nearly 150 impact investment institutions including foundations, banks, wealth managers, insurance companies, pension funds, and government agencies. In 2013, Aeris introduced the Aeris Cloud, a web-based data platform that provides highly-nuanced quarterly financial, portfolio, and impact data and analytics on community development loan funds that support investor due diligence and monitoring.

In 2015, working with the Global Impact Investing Network (the GIIN), impact investors, and CDFIs, Aeris launched the first phase of a project to help change the impact narrative of CDFIs, helping them to better connect to impact investors. In June 2016, we issued a guidance paper presenting impact focus areas and related standardized impact metrics, and in 2017 we started collecting standardized impact data from approximately 100 reporting CDFIs.

Position Summary:

Aeris seeks a college upperclassman to support the next phase of the impact data project during a 6 to 8-week summer internship. This is an exciting opportunity to learn about how CDFIs and investors approach impact measurement and alignment. The position reports directly to Senior Manager for Operations and Ratings, and will also work closely with the Chief Operating Officer and the President & CEO. The intern will be responsible for communicating directly with CDFIs to confirm assigned sustainable development goals and required impact data for each reporting institution.

Responsibilities:

Specific responsibilities will include:
• Confirming with CDFIs (by email and phone) the sustainable development goals and related impact focus areas and associated impact metrics.
• Responding to inquiries by CDFIs about impact metric reporting.
• Updating the Aeris Cloud to reflect CDFIs’ sustainable development goals and impact focus areas and required impact metric reporting.
• Testing investor-facing information on each CDFI to make certain updates are accurately captured.
• Working with Aeris staff on follow-up communications with CDFIs about updating additional impact information on the Aeris Cloud.

Requirements:

• Excellent oral and written communication skills
• Excellent interpersonal skills, ability to work well with diverse constituents
• Demonstrated ability to work independently
• Knowledge of impact investing, impact evaluation and community development is a plus

Compensation:

The Intern will earn up to $3,000 during the 6 to 8 week internship.

How to Apply:

Interested candidates must submit a cover letter stating their interest and availability, as well as a resume, to careers@aerisinsight.com, ATTN: Impact Internship. Aeris will be interviewing promising candidates in April.

Loan Servicing/Loan Accounting Manager Capital Impact Partners
Arlington, VA
Job Function: Lending/Loan Operations
Posted: March 29, 2019

Background:

Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Position Summary:

Capital Impact Partners seeks a Loan Servicing/Loan Accounting Manager to strengthen its Community Investment Group. The Loan Servicing/Loan Accounting Manager will oversee the management of the daily Loan Servicing and Loan Accounting team, identify priorities and projects within the team to ensure data quality, efficiency and timeliness of data, as well as the delivery of excellent customer service. In addition, the position will be the primary liaison to Loan Closing, Loan Accounting, Investor Management, Finance and Accounting departments; participate in Disaster Recovery Plan and other various bank wide projects as required. This position requires a high degree of system integrity, transactional accuracy and functionality.

Responsibilities:

JOB RESPONSIBILITIES:

SERVICING:
Provide oversight and management to Loan Servicing personnel
Ensure accuracy and integrity of the loan booking process to ensure that all loans, covenants and insurance are properly added and maintained on the loan accounting system
Approve payoffs, loan disbursements and all modifications
Manage all processes for delinquencies, charge offs and non-accruals
Ensure all customer requests are answered timely and efficiently
Understand the importance and significance of the data to be captured in the system and develop exception reports
LOAN ACCOUNTING:
All cash handling, cash receipts, payment postings, payoffs, cash reconciliations, cash balancing, escrow processing and general ledger reconciliations
Approve loan disbursements/outgoing wires, process fee waiver approvals and approve file maintenance requests
Provide oversight and set up of ACH activities
Manage the rate change process for loan indexes and ensure timely updates are made in the system
Oversee day end processing
Participate in loan system conversions, upgrades, etc.
Create processes and procedures that influence data integrity and customer service
MANAGEMENT:
Maintenance and updates of all loan processes and ensure all staff are properly trained on those procedures
Ensure all personnel are properly trained and to make personal growth and team building a high priority within the department
Provide direction, guidance and measurement tools to the department to ensure that operations meet benchmarks for turnaround times as defined
Work closely with team members on skill development and career planning
Develop a trusting and collaborative environment where roles and responsibilities are clear and the team can operate in a highly effective manner
Other duties as assigned

Requirements:

Bachelor’s degree required
5-7 years in the financial services industry
5+ years in the servicing of commercial and commercial real estate loans that carry complex structures such as New Market Tax Credits (NMTC) and other program requirements
3+ years of management experience, leading a servicing team is a plus
Experience servicing for a ranked commercial or real estate servicer preferred
Knowledge of servicing an environment where loans carry unusual structures and requirements
Familiarity and/or experience with working with loans in the secondary market
Demonstrate skills in collaboration, detail-orientation, standards-based, strong communication and flexibility
Expertise in the use of loan servicing platform
Proficiency with Microsoft Office (particularly Word, Excel and Power Point), McCracken Loan Accounting Servicing system experience is preferred.

Compensation:

$92,000 - $110,000

How to Apply:

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....

Director of Talent Management Self-Help
Durham, NC
Job Function: Human Resources
Posted: March 28, 2019

Background:

Self-Help is a leading national community development financial institution headquartered in Durham, NC. In service of its mission to create and protect ownership and economic opportunity for all, Self-Help seeks applications for the role of Director of Talent Management. Reporting to the Executive Vice President of Human Resources and Administration, the Director will be charged with attracting, developing, and retaining mission-aligned talent across the organization. Through the leadership of a team of recruiting, performance management, employee engagement, and staff development professionals, the Director will build upon and execute the overall talent strategy across Self-Help’s diverse lines of service. They will have the opportunity to innovate around the organization’s approach to staffing, internal capacity and culture building.

Position Summary:

The ideal candidate will be a mission-driven professional with proven knowledge of best practices in recruitment and retention, learning and development, and employee engagement. They will bring demonstrated skills in critical thinking, coaching and mentoring, and collaboration with teams at all levels. They will bring an understanding of how equity, diversity, inclusion, and impact are integrated into talent management strategies and will have experience working effectively with persons from diverse cultural, social, ethnic, and geographic backgrounds. The successful candidate will be able to balance a tolerance for ambiguity with the skills to drive closure and have the ability to adapt quickly to change. They will be a compassionate and skilled strategist, coach, and relationship-builder.

This position can be located in Durham, NC (preferred) or Vallejo, CA.

Self-Help is being supported in this search by Allison Kupfer Poteet, Melinda Hull, and Nureen Das of NPAG. Please see application instructions at the end of this document.

THE ORGANIZATION

Since 1980, Self-Help has provided over $7 billion in financing to 146,000 families, individuals and businesses. The organization helps drive economic development and strengthens 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 145,000 people in North Carolina, California, Illinois, Wisconsin, Florida, and South Carolina. Learn more at www.selfhelp.org, www.selfhelpfcu.org, and www.responsiblelending.org.

Responsibilities:

Self-Help’s Director of Talent Management will be responsible for designing and implementing an overall talent strategy that considers the unique and diverse needs of the various lines of service and geographies within the organization. The Director leads a team of human resource professionals with expertise in recruiting, staff development and employee engagement. The Director of Talent Management works collaboratively with other senior HR leaders to ensure that all of Self-Help's people practices reflect the organization's mission, values, and commitment to economic opportunity.

Specifically, the Director of Talent Management will:

• Collaborate with senior management and other leaders to set organizational priorities for talent management and lead the design and development of talent strategies to respond to those priorities;
• Serve as the organization’s “thought leader” on talent; sharing best practices and innovations in recruiting, performance management, employee engagement, and staff development;
• Manage and mentor the Staff and Leadership Development Director, regional HR managers,
Sr. Generalist, and recruiter;
• Collaborate with managers and HR staff to develop and execute talent acquisition strategies and methods that meet the needs of Self-Help’s teams and lines of service;
• Plan and implement onboarding processes that effectively orient new staff;
• Ensure that high-quality staff development programs and services are consistently delivered, inspire staff to grow their skills and impact, and achieve results that meet the needs of Self-Help’s teams and diverse lines of service;
• Create and facilitate innovative training workshops in areas of expertise as part of the staff and leadership development strategy;
• Design and implement performance management tools and engagement processes;
• Serve as a supportive sounding board and internal management coach;
• Support worker member councils and internal affinity groups;
• Ensure that all talent management processes and outcomes meet Self-Help's commitment to diversity, inclusion, and equity;
• Promote processes that encourage staff to share best practices internally and leverage data, workforce analytics and metrics, and benchmarking to make processes smarter and more efficient; and
• Contribute to other processes and functions as needed.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

The ideal candidate will possess many of the following professional and personal abilities, attributes, and experiences:

• A bachelor’s degree, and significant management experience in human resources, organizational development and learning, and/or another field relevant to the responsibilities outlined above; master’s degree preferred;
• SPHR and/or SHRM-SCP preferred;
• International Coaching Federation (ICF) or other coaching certifications a plus;
• Minimum of ten years of experience in planning, partnering, and overseeing the delivery of human resources services and operations, particularly in a fast-paced, multi-faceted, mission-oriented organization;
• Breadth and depth of knowledge and experience in talent acquisition, employee engagement, organizational development, and learning and an ability to advance equity and inclusion through such processes;
• Experience building organizational capacity, including opportunities for process and systems improvement;
• Highly developed emotional intelligence and the ability to use interpersonal skills in collaborative, supportive ways;
• An optimistic outlook, and the humor, integrity, patience, and perseverance necessary to support a diverse and mission-driven staff;
• Ability to adapt to a dynamic, multi-disciplinary staff and work environment;
• Excellent writing, analytical, and oral communication skills;
• Available for national travel (approximately 30% time); and
• A demonstrated commitment to Self-Help’s mission and core values.

Compensation:

Competitive nonprofit salary, based on experience, plus a generous benefits package.

How to Apply:

Due to the pace of this search, candidates are encouraged to apply as soon as possible. To apply, send a cover letter describing your interest and qualifications, your resume, and where you learned of the position to: SH-DTM@nonprofitprofessionals.com. In order to expedite the sorting and reviewing process, please type your name (Last, First) as the only contents in the subject line of your e-mail.
More information about Self-Help can be found here: www.selfhelp.org, www.selfhelpfcu.org, and www.responsiblelending.org.

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

VP Large Loans @ Georgia LiftFund, Inc.
(any city in Georgia), GA
Job Function: Lending/Loan Operations
Posted: March 28, 2019

Background:

Background
LiftFund, Inc. is a multi-state non-profit microfinance company and small business lender that help new and existing entrepreneurs successfully grow their business. LiftFund is based in San Antonio with offices throughout Texas and 12 other states.

Mission Statement
The mission of LiftFund, Inc. is to provide credit to small businesses that do not have access to loans from traditional sources, and to provide leadership and service to the small business lending field on a national level.

Vision Statement
The vision of LiftFund, Inc. is to become a leading, financially stable organization capable of providing business credit and services to a significant number of businesses and self-employed people throughout its 13 state footprint.

Position Summary:

Underwriter of 7a Community Advantage and Large Loans
To support LiftFund’s Large Loan Division in underwriting 7a Community Advantage and Large Loans defined as $50,000 - $500,000 in size and have unique marketing and underwriting characteristics compared to LiftFund’s existing loan products.

Scope of Work includes, but is not limited to:
• Comply with established Lender Underwriting and credit granting criteria
• Make pre-qualification and Final Decision analysis
• Evaluate all financial information of loan requests
• Conduct thorough analysis of credit and financial statements, proof of income, tax returns, business plans, pro-forma calculations, etc.
• Make the necessary conditions and recommendation to execute loan agreements
• Recommend denials, approvals or cancellations to proper loan authority
• Provide Quality Control on files submitted to SBA under the Community Advantage 7a program
• Support EVP of SBA Lending Group on Underwriting policies and procedures development and updates.

Responsibilities:

Large Loan Division Responsibilities:
• Larger Loans defined as $100,000 - $500,000 in size and have some unique marketing and underwriting characteristics compared to LiftFund’s existing loan products
• Achieve production, delinquency, charge-off and other goals within the large loan portfolio as established annually
• Maintain and build an extensive network of bankers and other lending personnel to market and promote LiftFund loan products and services
• Confer with Loan Committee and Underwriting Manager(s) concerning various issues of loan policy and overall credit quality
• Assemble and provide complete loan packages for submission to underwriting staff
• Interface regularly with underwriting staff to ensure credit quality and relate unique aspects of larger loans
• Oversee and ensure compliance with all contribution dollars from individuals, grants, corporations, and foundations
• Model leadership, excellence, and results

Requirements:

Qualifications and Attributes Sought:
• Creative, strategic and visionary in development, public relations and marketing programs to provide visibility and create loan demand
• Highly organized, with attention to detail
• Ability to self-manage time and stay on task
• Ability to give direction, maintain the organizational culture, mission and focus on values
• Strong analytical skills as they relate to loan underwriting and financial analysis
• An extensive computer database, and skills pertaining to cash flow analysis and debt coverage ratios
• Minimum 5 years of experience in small business lending
• Strong familiarity with commercial real estate lending, fixed asset financing, working capital loans, and accounts receivable financing
• Knowledge of SBA guaranteed loans
• Bachelor’s degree preferred
• Bilingual preferred (English/Spanish)

Compensation:

Send resume and cover letter (mail, email, fax or online):
LiftFund, Inc. / Human Resources Email: jhernandez@liftfund.com
2007 W. Martin St. Fax: 210-533-2940
San Antonio, TX 78207 Online / Website: www.liftfund.com

How to Apply:

Send resume and cover letter (mail, email, fax or online):
LiftFund, Inc. / Human Resources
2007 W. Martin St.
San Antonio, TX 78207

Email: jhernandez@liftfund.com
Fax: 210-533-2940
Online / Website: www.liftfund.com

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