Background:
Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, New York, NY, 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 on 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.
Capital Impact accomplishes this work through two primary lines of business, our Equity & Impact team and our Community Investment Loan Fund. Our Equity & Impact team provides programmatic solutions, technical assistance, and thought leadership in our core sectors and geographies. Our Community Impact Loan Fund has provided more than $2.7 Billion in direct debt investments for catalytic projects in our core sectors and geographies.
Position Summary:
Capital Impact Partners seeks an Equity & Impact Intern to be based in the Oakland, CA office for the Summer 2020 to strengthen its Equity & Impact Strategies team. The Equity & Impact Intern will support the strategy and innovation work at Capital Impact, including market research, portfolio and impact data analysis, meeting facilitation and note-taking. The ideal candidate will have a passion for work in community development and social impact.
Responsibilities:
Strategy and Innovation
The intern will support the company’s strategy and innovation work in coordination with other members of the Equity & Impact team and other company staff. Duties include:
Support innovation work by conducting market research through methodologies including surveys, key informant interviews, community convenings, and other techniques.
Conducting desktop research and landscape analysis on key industries along themes stated below
Disseminating industry knowledge
Producing reports and presentations for internal staff
Maintaining knowledge repository of articles, links, and papers in priority sectors for Capital Impact
Participating in logic model development and regional market mapping collaboration
Support Capital Impact’s Programmatic Work
The intern will contribute to Capital Impact’s work in supporting the organization’s efforts along two themes:
Climate Change and Environmental Justice
Regional Bay Area Equitable Community Development
Climate Change and Environmental Justice
Support the administration of the Climate Change Working Group – synthesis of discussion, preparation meeting materials
Support the facilitation of the development of any resulting recommendations from the Climate Change Working Group – preparation of meeting materials, research/information gathering on key topics, synthesis of notes from focus and small group discussions
Support market and landscape research of core geographies to identify key challenges, issues, opportunities and key stakeholders in climate change and environmental justice
Regional Bay Area Equitable Community Development
Support market and landscape research to identify regional Bay Area key stakeholders, decision-makers, funders and investors in affordable housing, managed health care, long term care, education, community development, government and social/aging services.
Participate in process to finalize Bay Area Logic Model, providing market research as necessary
Support administration of the Bay Area Community Advisory Committee – meeting logistics, materials preparation, synthesis of meeting notes and follow up tasks
Facilitate cross-sectoral connection, research, and collaboration across Capital Impact key sectors, including cooperative development, health equity, housing, aging, education
Requirements:
Undergraduate or graduate students welcome to apply
Minimum of 3 years of coursework towards a Bachelor’s degree
Familiarity of the community development industry
Interest in impact measurement
Strong written and analytical skills
Highly accountable, detail-oriented, and organized, demonstrating an ability to meet deadlines and achieve goals
Collaborative and flexible, with the ability to collaborate with a wide range of internal and external partners and the willingness to play a range of roles as the project warrants
Ability to work independently and prioritize competing requests in a fast-paced, growing organization
Compensation:
$14.00 - $16.00 per hour
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
Background:
Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Detroit, MI, New York, NY, 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 on 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.
Capital Impact accomplishes this work through two primary lines of business, our Equity & Impact team and our Community Investment Loan Fund. Our Equity & Impact team provides programmatic solutions, technical assistance, and thought leadership in our core sectors and geographies. Our Community Impact Loan Fund has provided more than $2.7 Billion in direct debt investments for catalytic projects in our core sectors and geographies.
Position Summary:
Capital Impact Partners seeks a Finance Intern to be based in the Arlington, VA office for the Summer 2020 to strengthen its Finance and Equity & Impact Strategies team. The Finance Intern will support the Finance department and Policy and Development department within the Equity & Impact Strategies team on research and business development projects. The ideal candidate will have a passion for community development and impact investing.
Responsibilities:
JOB RESPONSIBILITIES:
Conduct research on the impact investing landscape
Map impact investing activities related to community development within the United States
Identify new innovations in product development
Identify new partnerships to support business development
Conduct interviews with relevant stakeholders
Present findings to the Finance team and the Chief Financial Officer
Assist in ad-hoc operational tasks
Requirements:
JOB REQUIREMENTS:
Undergraduate or graduate students welcome to apply, graduate level students preferred
Minimum of 3 years of coursework towards a Bachelor’s degree
Interest or previous experience in impact investing
Business development, research, and/or strategy background a plus
Exceptional analytical, organizational, oral and written communication skills
Positive attitude, collaborative work style, strong work ethic, learning mindset, and detail oriented
Ability to work independently and prioritize competing requests in a fast-paced, growing organization
Compensation:
$14.00 - $16.00 per hour
How to Apply:
https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment....
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 committed over $120M to help nonprofits acquire buildings and convert them to permanently affordable housing in San Francisco. SFHAF also manages a philanthropic fund, the Homes for the Homeless Fund, on behalf of Tipping Point Community to fund a prototype of more cost-effective supportive housing for chronically homeless individuals.
Position Summary:
The Chief Financial Officer will be a trusted partner in driving the organization’s growth by building operational infrastructure that supports both our core lending operations as well as our Homes for the Homeless subsidiary. The ideal candidate is an entrepreneurial professional who has deep experience with non-profit finance, financial institutions and lending. The role would report to SFHAF’s Chief Executive Officer and would work closely with the Chief Lending Officer, the Senior Vice President of Lending & Capital, and a Senior Loan Analyst as well as SFHAF’s third-party financial advisors and accounting team.
Responsibilities:
Proactively provide leadership and guidance to the organization; specifically, provide expertise on all financial matters, voicing financial and regulatory implications of pending decisions
Manage third party accounting team; Review, manage existing and establish new internal systems and controls, operations, processes and financial procedures as the organization evolves to ensure
the integrity of the financial information and reporting
Oversee annual external audits of all legal entities, including A-133 audit, and ensure compliance with regulatory and tax filings, including 990
Provide accurate and timely information on the organizations financial status to the Team, the Finance Committee and the Board
Lead annual and mid-year financial planning process, including the development of forecasts, financial analysis and reporting designed to provide insight into the organization’s operations and plans.
Evaluate and manage company special projects, programs, capital expenditures, products costing, etc. when necessary
Ensure the effective financial integration of new revenue generating initiatives into existing activities and organizational structure
Treasury functions including cash management and investment management; Forecast and manage cash flow to ensure that cash on hand is adequate to meet obligations and future needs
Oversee the financial obligations, expectations and reporting of all programmatic and/or restricted funding
Partner with pro bono counsel and others on Risk Management and compliance issues related to SFHAF; Review and ensure the maintenance of adequate and appropriate general insurance coverage
Work collaboratively with the team on the evolution of Human Resource policies and practices appropriate to the growth and needs of the organization
Oversee and support contract management and administration
Oversee and manage day-to-day operations including facilities and IT
Oversee vendor relationships for payroll, facilities and IT
Requirements:
At least 5 years experience as a CFO or equivalent, preferably in an entrepreneurial organization
BS/BA in accounting, finance, or related degree required. CPA or Master’s degree preferred
Knowledge of nonprofit accounting, including restricted and non-restricted fund reporting and financial statement preparation
CFO candidates from the for-profit sector will ideally have banking/lending industry experience. Candidates from the nonprofit or public sectors will ideally have Community Development Financial Institution (CDFI) experience or other affordable housing/community lending institution experience
Effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information. Strong team player
Familiarity with CDFIs, funding programs for affordable housing, and public-private partnerships
Compensation:
We value our staff and, as such, salary is competitive based on experience with comprehensive health benefits.
How to Apply:
Please send your resume, Linkedin profile, and a brief email note detailing your relevant experience and interest in the role to Becca Hutman (bhutman@sfhaf.org).
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 neighborhoods across the country. We finance schools, affordable housing, grocery stores and health centers in underserved communities helping families lead healthier, more productive lives.
Reinvestment Fund brings together individual investors, banks, government, insurance companies, private foundations and faith-based and community organizations to invest in projects that transform communities. As a federally-certified community development financial institution (“CDFI”), we manage $1.2 billion in capital that originates from over 830 investors. We have deployed over $2.2 billion into community revitalizing and job-creating projects and enterprises over our 34-year history.
Position Summary:
The Risk & Compliance (“R&C”) department is responsible for developing and monitoring an effective risk and control framework across the organization. R&C works with business partners to effectively manage various risks in an environment of proactive and strategic problem solving. The team also leads operational and compliance programs that mitigate legal, regulatory and reputational risks.
Opportunity
We are seeking a motivated compliance professional, with experience in financial services, to lead the execution of compliance programs. This position reports to the Chief Compliance & Risk Officer and will have compliance oversight of key activities, including investment advisory activities of RF Impact Advisers. RF Impact Advisers (“RFIA”) is a nonprofit Pennsylvania-registered investment advisor wholly owned by Reinvestment Fund. RFIA allows eligible investors to invest in private funds that focus on specific asset classes or toward specific impact goals.
In addition to understanding and experience in the Investment Adviser’s Act of 1940, the individual should have broad understanding of compliance management capabilities and the impact of other risk types (i.e. operational, credit, strategic) on the organization’s ability to mitigate compliance risk.
Responsibilities:
• Work with other members of the R&C department and business owners to understand and manage enterprise-wide issues, opportunities and priorities.
• Manage and monitor risk management policies, processes and procedures (coordinate, assign, and perform secondary reviews/approval) and report findings to relevant parties.
• Maintain and update the investment advisor compliance manual and perform testing, monitoring, reporting and conduct annual training to ensure effectiveness of the program.
• Implement and monitor an ethics program pertaining to employee conduct matters and ensuring the timely resolution of such matters.
• Coordinate internal audits and compliance reviews
• Stay abreast of ongoing regulatory developments and/or material regulatory changes in applicable law and regulations.
Requirements:
The requirements listed below are representative of the minimum levels of knowledge, skills, and/or abilities required. To perform this job successfully, the individual must possess the abilities or aptitudes to perform each duty proficiently. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Candidates will be expected to possess the following professional and personal attributes:
• 8 - 12 years of related experience with strong knowledge of the Investment Adviser’s Act of 1940 and prior experience preferably as a Deputy CCO.
• Knowledge of the financial services industry, from a strategic and internal controls perspective, especially as it relates to Federal Securities expectations.
• Manage various programs and specific projects simultaneously with experience in planning, status reporting and coordinating resources.
• Desire to learn more about the CDFI industry and fit broader financial institution industry experience to needs of the organization consistent with its size, complexity and culture.
• Strong communication skills and presence with the ability to speak with impact, influence outcomes; simplify complex topics into actionable recommendations for decision-making.
• Comfortable with confronting conflict and difficult issues in a professional, assertive and proactive manner.
Preferred Requirements
• Bachelor’s degree in Finance, Accounting, or Business-related discipline.
• Experience with state-registered investment advisers.
• Knowledge of AML/BSA/OFAC risk assessments, monitoring and program management.
• Understanding of enterprise risk management concepts, including risk appetite setting and monitoring
• Prior experience building new programs or implementing new frameworks related to internal controls
• Experience with technology-enabling risk mitigation tools
• Series 7 and 24 licenses
• IACCP designation
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, 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 reporting will extend to your household members. You may be subject to a background check.
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 communication skills and have the 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:
• 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 for 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 relation to Board members and business matters of the 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:
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 reporting will extend to your household members. You may be subject to a background check.
Background:
Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org.The Enterprise Community Loan Fund has an immediate opening for a Senior Loan Officer position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.
Position Summary:
Reporting to the Chief Lending Officer, the Senior Loan Officer is responsible for underwriting loan requests in support of community development projects with particular emphasis on affordable housing and community facilities, including both interim/bridge, New Market Tax Credits leverage loans and permanent term loans. The position will support ECLF’s lending activities across its national footprint. The responsibilities also include managing a defined portfolio of loans from origination through repayment. The Senior Loan Officer is also expected to be the staff lead for ECLF’s local lending initiatives working collaboratively with local staff of Enterprise Community Partners.
The Senior Loan Officer is expected to develop and maintain relationships with community development organizations and other relevant groups for the regions in which he/she works, as well as field representatives of Enterprise. The position requires an experienced professional with strong analytical, financial and relationship management skills.
Responsibilities:
Specific responsibilities include:
Contribute to production goals by identifying lending opportunities, and originating new loans upon referral through the Enterprise system and external partners.
Structure and negotiate financing proposals/commitments and prepare comprehensive written loan packages for review and approval by management or Loan Committee for both direct financing by ECLF and financing through various off-balance sheet funds.
Review and interpret third party due diligence reports, including appraisals, market assessments, entitlement/zoning classifications, and environmental reports to determine transaction viability and appropriate loan structure.
Coordinate the preparation of commitment letters and loan documents with attorneys.
Manage the closing process, including internal and external closing counsel, and the collection, review, approval and execution of all closing items.
Manage an existing portfolio of loans, including annual site visits, timely review of financial statements, review and approval of disbursement/funding requests, monitoring for covenant compliance and processing modification and extension requests.
Maintain loan files in audit-ready condition to ensure accuracy and completeness.
Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Community Investment and Bellwether Enterprise to coordinate and leverage Enterprise resources ?grants, loans and equity? in project development and advancement of the Enterprise strategic plan.
Assist with other projects as needed.
Requirements:
Undergraduate degree required; advanced degree in business, finance or related field preferred.
Seven years of commercial real estate lending experience with three ?3? years of multi-family affordable housing and/or community facilities. Community development underwriting and knowledge of various housing programs and the broader community development field is a plus.
Demonstrated experience in preparing and negotiating complex, multi-layered transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation.
Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of an organization.
Strong business development, analytical, communication, and problem solving skills, with working knowledge of spreadsheet programs.
Detailed analytical skills with database management and spreadsheet knowledge.
Familiarity with federal, state and local community development programs, particularly programs that finance charter schools, federally-qualified health centers and affordable housing.
Ability to travel up to 30% of the time.
Compensation:
Commensurate with experience
How to Apply:
https://careers.enterprisecommunity.com/Careers.aspx?adata=EKOZn3aehrrNs...
Background:
Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org.The Enterprise Community Loan Fund has an immediate opening for a Loan Officer position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.
Position Summary:
Reporting to the Chief Lending Officer, the Loan Officer is responsible for underwriting loan requests in support of community development projects with particular emphasis on affordable housing and community facilities, including both interim/bridge, New Market Tax Credits leverage loans and permanent term loans. The position will support ECLF’s lending activities across its national footprint. The responsibilities also include managing a defined portfolio of loans from origination through repayment. The Loan Officer is also expected to be the staff lead for ECLF’s local lending initiatives working collaboratively with local staff of Enterprise Community Partners.
The Loan Officer is expected to develop and maintain relationships with community development organizations and other relevant groups for the regions in which he/she works, as well as field representatives of Enterprise. The position requires an experienced professional with strong analytical, financial and relationship management skills.
Responsibilities:
Specific responsibilities include:
Contribute to production goals by identifying lending opportunities, and originating new loans upon referral through the Enterprise system and external partners.
Structure and negotiate financing proposals/commitments and prepare comprehensive written loan packages for review and approval by management or Loan Committee for both direct financing by ECLF and financing through various off-balance sheet funds.
Review and interpret third party due diligence reports, including appraisals, market assessments, entitlement/zoning classifications, and environmental reports to determine transaction viability and appropriate loan structure.
Coordinate the preparation of commitment letters and loan documents with attorneys.
Manage the closing process, including internal and external closing counsel, and the collection, review, approval and execution of all closing items.
Manage an existing portfolio of loans, including annual site visits, timely review of financial statements, review and approval of disbursement/funding requests, monitoring for covenant compliance and processing modification and extension requests.
Maintain loan files in audit-ready condition to ensure accuracy and completeness.
Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Community Investment and Bellwether Enterprise to coordinate and leverage Enterprise resources ?grants, loans and equity? in project development and advancement of the Enterprise strategic plan.
Assist with other projects as needed.
Requirements:
Undergraduate degree required; advanced degree in business, finance or related field preferred.
Three years of commercial real estate lending experience with preference for experience in multi-family affordable housing and/or community facilities. Community development underwriting and knowledge of various housing programs and the broader community development field is a plus.
Demonstrated experience in preparing and negotiating complex, multi-layered transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation.
Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of an organization.
Strong business development, analytical, communication, and problem solving skills, with working knowledge of spreadsheet programs.
Detailed analytical skills with database management and spreadsheet knowledge.
Familiarity with federal, state and local community development programs, particularly programs that finance charter schools, federally-qualified health centers and affordable housing.
Ability to travel up to 30% of the time.
Compensation:
Commensurate with experience
How to Apply:
https://careers.enterprisecommunity.com/Careers.aspx?adata=EH9mJVfS7oX3a...
Background:
Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.
***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA
Position Summary:
Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.
Responsibilities:
Specific responsibilities include:
Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.
Requirements:
Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.
Compensation:
Commensurate with experience
How to Apply:
https://careers.enterprisecommunity.com/Careers.aspx?adata=EIXITXK7jap%2...
Background:
Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.
***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA
Position Summary:
Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.
Responsibilities:
Specific responsibilities include:
Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.
Requirements:
Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.
Compensation:
Commensurate with experience
How to Apply:
https://careers.enterprisecommunity.com/Careers.aspx?adata=EEO2GWBagP8iU...
Background:
Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.
***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA
Position Summary:
Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.
Responsibilities:
Specific responsibilities include:
Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.
Requirements:
Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.
Compensation:
Commensurate with experience
How to Apply:
https://careers.enterprisecommunity.com/Careers.aspx?adata=EPDzguDFmh9eY...
