Industry Job Bank

  • Make an impact and join the opportunity finance field.

The track record of today’s opportunity finance industry is impressive. All financing directly benefits low-income and low-wealth people to increase access to homeownership opportunities, affordable rental housing, thriving small businesses, and critical services such as childcare, healthcare, and education.

Do you want to develop innovative strategies? Combine your business acumen with an unwavering dedication to making a difference in people’s lives? Change the rules of financing? Make your impact and join the opportunity finance field.

To submit a job listing, please use our online form. If you need to edit or remove a posting, please contact info@ofn.orgSubmissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Director of Philanthropy Accion
Albuquerque, NM
Job Function: Other
Posted: May 19, 2019

Background:

https://www.accion.org

Position Summary:

EXECUTIVE SUMMARY

Founded in 1994 and serving the states of Arizona, Colorado, Nevada, New Mexico and Texas, Accion is a nonprofit organization that increases access to business credit, makes loans and provides training to enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change.
https://us.accion.org/region/az-co-nv-nm-and-tx

Dedicated to helping entrepreneurs and business owners generate income, build assets, create jobs and achieve financial success, Accion offers business loans from $1,000 to $1 million, along with training, networking and other support services to those who own or want to start a business. To date, the organization has granted about 14,000 loans totaling more than $142 million to nearly 9,300 small businesses across that five states that it serves.

Celebrating its 25th anniversary this year, Accion has earned the “Exceptional” four-star rating eight years in a row from Charity Navigator, the independent national nonprofit evaluator -- an achievement shared with only 4 percent of the charities evaluated by Charity. This top designation sets Accion apart in exceeding industry standards and outperforming most charities in its cause, offering donors the confidence they are supporting a model organization that exemplifies financial health, accountability, and transparency.

Under the longtime leadership of its CEO Anne Haines, Accion has embarked on an initiative to spread the word about entrepreneurship as the fastest path to economic mobility in America today. Called the “Moonshot,” this national movement aims to mobilize $1 trillion into the hands of underserved entrepreneurs between now and 2030. To support this transformative journey, Accion is seeking an experienced, mission-driven Director of Philanthropy to help build its philanthropic and development strategies, manage its fundraising engine, and operationalize Accion’s advancement initiatives.

This search is being conducted by Linh Nguyen and Javier Garcia of NPAG. Application instructions can be found at the end of this document.

Responsibilities:

OPPORTUNITIES AND CHALLENGES FACING THE DIRECTOR OF PHILANTHROPY

The Director of Philanthropy position provides a highly impactful platform for the successful candidate to contribute to a comprehensive and innovative philanthropy and advancement program. Reporting directly to the Chief Operating Officer (COO), and partnering closely with the Vice President for Strategic Philanthropy and Investments (VP/SPI), the Director of Philanthropy will:

• Collaborate with Accion senior leadership, including the Chief Executive Officer (CEO), Executive Vice President/Chief Strategy Officer (EVP/CSO), COO and VP/SPI, in the creation and execution of a comprehensive philanthropy strategy and multi-year advancement plan with clear metrics to support Accion’s mission achievement and financial sustainability.
• Manage and supervise advancement staff; provide coaching, counseling, training and feedback to employees; assign, review, and delegate work and job responsibilities.
• Partner with and support the VP/SPI in driving national fundraising strategies, including the Moonshot initiative and high-level donor outreach to six- and seven-figure prospects.
• With the COO and VP/SPI, own the annual fundraising goal for operating and lending capital.
• Drive and oversee a wide range of philanthropic work, including solicitation and stewardship of individual, foundation and corporate donors, prospect research and cultivation, grant writing, and special events in accordance with Accion’s overall advancement strategy.
• Work with team members to improve and maintain all tracking and project management processes to fill the pipeline with high-value investors, partners and donor prospects.
• Coordinate advancement staff to support Accion leaders, board members, and stakeholders with materials, events, and activities that further the Moonshot and associated major gifts outreach.
• Direct staff in the timeliness and accuracy of gift receipts to donors and gift receipting production.
• Direct the maintenance of a comprehensive and accurate fundraising database to include all alumni records, past and prospective donors.
• Ensure the organization’s compliance with grant agreements and coordinate as needed to fulfill programmatic goals and deliverables required by active grant or funding agreements.
• Implement policies and procedures for staff to ensure consistency and adherence to department goals.
• Develop and maintain well-stewarded contributor and community relations on behalf of Accion.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

The ideal candidate will be passionate about Accion’s mission and bring to the work many of the qualifications below.

A successful track record of building and sustaining a portfolio of corporate, philanthropic, and major-gift level donors and funders in the high six- to seven-figure range.

Strong command of fundraising campaigns, high-figure gift strategies, and the philanthropic donor environment in the United States generally and in Southwest region specifically.

Proven success in stewarding a disciplined, results-oriented development team that works collaboratively in a fast-paced, mission-oriented environment.

Excellent leadership skills, emotional intelligence, and demonstrated ability to develop and maintain values-driven, productive relationships internally and externally.

Demonstrated experience executing on strategy, setting priorities, managing multiple projects and working effectively under pressure to achieve individual and organizational goals.

Highly organized, detail-oriented, reliable and flexible; a leader who manages toward clarity, finds solutions and is able to think strategically about the organization.

A team player with a high degree of accountability, strong work ethic, creative and collaborative approach to teamwork who can lead from the front or from behind as situations dictate, and who inspires teammates to contribute their best.

Excellent verbal and written communication and interpersonal skills, an ability to listen to and balance, negotiate and work with a variety of internal and external stakeholders.

Minimum Qualifications:
• Bachelor’s Degree in Journalism, Marketing, Administration, Public Relations, Communication or related field
• Seven years of experience in fundraising and advancement
• Three years of experience in a supervisory, management capacity
• Commitment to Accion’s values of passion, pioneering spirit, integrity, accountability, and excellence
• Bilingual ability in English and Spanish preferred. Master’s degree preferred
• Must be able to successfully pass a pre-employment background and credit investigation

Compensation:

Commensurate with experience

How to Apply:

TO APPLY

This search is being conducted with assistance from Linh Nguyen and Javier Garcia of NPAG. Candidates are encouraged to apply as soon as possible, and applications will be reviewed as they are received. Please send nominations and/or applications including cover letter describing your interest and qualifications, your resume (in Word format), and where you learned of the position to: https://grnh.se/d73818ac2xyz.com.

Accion is an Equal Opportunity Employer. Candidates of all backgrounds are encouraged to apply.

NPAG is a national executive search and consulting firm dedicated to serving the mission-driven community. We partner with global mission-driven clients to deliver highly-tailored, innovative, and strategic senior- and executive-level search services.

www.nonprofitprofessionals.com

Loan Officer / Loan Originator Sparks Group
Oakland, VA
Job Function: Lending/Loan Operations
Posted: May 17, 2019

Background:

Bringing the Best People and the Best Companies Together Since 1970.

Sparks Group is a leading temporary staffing and full-time recruiting services provider. Whether you are seeking your next opportunity or looking to add talent, Sparks Group is the ideal partner for you! Each of our four divisions (Office, Accounting & Finance, Information Technology, and Creative) specializes in placing professionals in temporary/contract, contract to hire, and full-time roles across a diverse array of staffing categories, positions and levels including: office/administrative, customer service, human resources and talent acquisition, legal support, government and cleared personnel, mortgage/banking, accounting and finance, contracts and procurement, information technology and creative/marketing.

Sparks Group brings over four decades of experience placing professionals in challenging and rewarding positions at many of the area’s most prestigious organizations. Our primary focus is presenting opportunities that match each candidate’s skill-sets, experience levels, career objectives, and growth needs. Sparks Group has regularly ranked as one of the top US staffing and recruiting firms having been named to Inavero’s Best of Staffing Lists® for Client and Employee Satisfaction (2012-2019). Additionally, Sparks Group is proud to have been recently selected for other awards Staffing Industry Analysts’ Best Staffing Firms to Work For (2017-2018), Washington Business Journal Best Places to Work (2017), the Washington Post’s Top Workplaces® List (2017-2018), Forbes® Best Professional Recruiting Firms (2017), and the National Capital Business Ethics Award.

Position Summary:

Join a mission-based company that focuses on transforming under-served communities into strong, vibrant hubs of opportunity. This fast-growing organization has 30 years of experience and has invested more than $2B in strategic financing, social innovation programs and capacity building programs to under-served locations This has provided low-income communities access to high-quality healthcare, education, healthy foods, housing, and familycare. The Loan Officer plays a critical role in the organization to support lending activities and new loan transactions.If you're interested in joining a financial company with a heart, apply today!

Responsibilities:

- Identify lending opportunities and originate new loans after receiving referrals from the business development team
- Maintain compliance with internal requirements while structuring loan transactions
- Communicate with borrowers and partners to prepare and negotiate loan proposals
- Manage the loan approval process from deal screening to loan approval
- Monitor markets nationwide
- Support the marketing and communication on closed transactions
- Collaborate with all lending staff to ensure excellent customer service

Requirements:

- Position requires a Bachelors Degree
- 2+ years of lending experience is ideal
- Experience with underwriting for community development purposes is helpful
- Knowledge of New Market Tax Credits and Community Development Financial Institution is a plus
-Sound underwriting judgment and risk mitigation skills
- Strong analytical and communication skills
- Candidates must have sufficient credit skills to conduct risk assessment and manage a portfolio
- Proficiency with Microsoft Office (particularly Word, Excel, and Power Point),
- Experience in Adobe Acrobat, Moody’s Analytics/Lending Cloud and Salesforce preferred
- Ability to travel up to 20% of the time

Compensation:

Commensurate with experience. Relocation assistance not provided.

How to Apply:

Email your resume and interest to mneal@sparksgroupinc.com

Real Estate Program Specialist Capital Impact Partners
Detroit, MI
Job Function: Project Management
Posted: May 14, 2019

Background:

ABOUT THE ORGANIZATION

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 Real Estate Program Specialist will execute programs and develop policies to support Capital Impact Partners’ efforts to ensure its investments in Detroit are equitable and inclusive.

In Detroit, the organization seeks to build opportunity-rich, mixed-income neighborhoods that increase density, de-concentrate poverty, improve neighborhood assets, and increase residents’ access to services and amenities.

The Specialist will The Specialist will play a strong leadership role with this program through Core job functions include,
The Specialist will report to Capital Impact’s Detroit Program Manager, and work with Capital Impact staff across the country, local real estate developers, community-based organizations, advocacy organizations, and municipal representatives.

Responsibilities:

JOB RESPONSIBILITIES:

Work with Capital Impact staff across the country, local real estate developers, community-based organizations, advocacy organizations, and municipal representatives
Ensure that real estate developers of color are able to participate in the Detroit’s revitalization
Further program and policy work to address the challenges Detroiters face in being full participants in the City’s economic growth
Manage the Equitable Development Initiative, a CIP-developed program, which supports real estate developers of color in Detroit
Oversight of day-to-day operations and future program design
Conduct communication with current and former program participants
Coordinate training sessions with the assistance of Capital Impact and consultants
Supervise evaluation of the program, and leading the design of future iterations of the program

Requirements:

JOB REQUIREMENTS:

Bachelor’s degree required
Advanced degree in Policy, Urban Planning, Social Work, Business or related field preferred
Familiarity with the multifamily/mixed-use real estate development process
Demonstrated experience implementing affordable housing and community development strategies
Working knowledge in public policy development and public sector engagement
Strong program development, program management, and relationship management skills
Ability to work both independently and in a team environment
Ability to engage leaders around common interests
Exceptional, concise writing skill
Collaborative and data-driven approach to decision-making
Expertise in Microsoft Office, Google Suite and related software programs
Proven experience in the Detroit, MI market a plus

Compensation:

$55,000 - $65,000

How to Apply:

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

Major Gifts Officer (Flexible location) Accion
Flexible, NM
Job Function: Other
Posted: May 14, 2019

Background:

3 BILLION PEOPLE LIVE IN OR NEAR POVERTY
Our vision is to build a financially inclusive world with access to economic opportunity for all.
Our mission is to give people the financial tools they need to improve their lives.
Accion has proven time and time again that financial services can be made available; that individual lives and the prosperity of communities can be significantly enhanced; and that this can be done at scale and sustainably. Our work helps people, small businesses, and communities grow and thrive. We challenge and engage the industry, its leaders, and its regulators to achieve a financially inclusive world.

Position Summary:

EXECUTIVE SUMMARY

Founded in 1994 and serving the states of Arizona, Colorado, Nevada, New Mexico and Texas, Accion is a nonprofit organization that increases access to business credit, makes loans and provides training to enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change.
https://us.accion.org/region/az-co-nv-nm-and-tx

Dedicated to helping entrepreneurs and business owners generate income, build assets, create jobs and achieve financial success, Accion offers business loans from $1,000 to $1 million, along with training, networking and other support services to those who own or want to start a business. To date, the organization has granted about 14,000 loans totaling more than $142 million to nearly 9,300 small businesses across that five states that it serves.

Celebrating its 25th anniversary this year, Accion has earned the “Exceptional” four-star rating eight years in a row from Charity Navigator, the independent national nonprofit evaluator -- an achievement shared with only 4 percent of the charities evaluated by Charity. This top designation sets Accion apart as exceeding industry standards and outperforming most charities in its cause, offering donors the confidence they are supporting a model organization that exemplifies financial health, accountability, and transparency.

Under the longtime leadership of its CEO Anne Haines, Accion has embarked on an initiative to spread the word about entrepreneurship as the fastest path to economic mobility in America today. Called the “Moonshot,” this national movement aims to mobilize $1 trillion into the hands of underserved entrepreneurs between now and 2030. To support this transformative journey, Accion is seeking a talented, mission-driven Major Gifts Officer with a demonstrated record of major gifts success to be part of best-in-class advancement team.

This search is being conducted by Linh Nguyen and Javier Garcia of NPAG. Application instructions can be found at the end of this document.

Responsibilities:

OPPORTUNITIES AND CHALLENGES FACING THE MAJOR GIFTS OFFICER

The Major Gifts Officer is a newly created position to complement a strong advancement team under the seasoned mentoring and guidance of Accion’s Vice President for Strategic Philanthropy and Investments (VP/SPI) and its Director of Philanthropy. The ideal candidate will have the opportunity to broaden their relationship networks and hone their cultivation and fundraising skills while contributing to a transformative mission. Reporting to the Director of Philanthropy, the Major Gifts Officer will:
• Partner with the VP/SPI and the Director of Philanthropy to align and coordinate major gifts cultivation goals and activities with nation-wide philanthropic strategies and tactics as well as community-based fundraising campaigns and events.
• Develop effective strategies and systems for raising significant gifts from individual donors.
• Help donors accomplish their philanthropic goals and ambitions through a relationship with Accion.
• Secure major gifts, especially at the $50,000+ level.
• Carry a portfolio of 30-50 individual donors throughout the five-state region.
• Partner with other departments to plan and design strategic cultivation and stewardship events and fundraising appeals.
• Work closely with the VP/SPI and Director of Philanthropy in providing the President/CEO, Board members, and other Accion supporters with fundraising support and coaching for their identification, cultivation, and solicitation of major gifts, always treating donors with the utmost in courtesy and respect.
• Ensure all donors receive appropriate, prompt acknowledgement and updates on the impact that their gifts have made.
• Manage systems and software to track and cultivate donors and prospects, including Accion’s donor database and wealth screening tools.
• Manage existing portfolio of donors and prospects with an eye toward moving them up into higher giving categories. Create and implement moves management plans.
• Make direct, face-to-face solicitations and, as requested, assists the board and other staff with their solicitation (e.g. provides portfolio development support, strategic counsel, and help with donor communications).
• Acknowledge major donors through public and private recognition.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

The ideal candidate will be passionate about Accion’s mission and bring to the work many of the qualifications below.

Demonstrated experience and success in fundraising in or for a mission-oriented organization, particularly in closing major gifts at the $50,000+ level.

Strong appetite for continuously finding creative strategies and tactics to generate compelling major gift opportunities.

Demonstrated ability to develop and implement tailored plans for solicitations and follow established procedures for tracking, qualifying and managing prospects.

High level of discretion and ethical approach to fundraising.

Proven ability to interact with, earn trust from, and influence philanthropic donors and leaders.

A team player with a high degree of accountability, strong work ethic, creative and collaborative approach to teamwork who inspires teammates to contribute their best.

Excellent verbal and written communication and interpersonal skills, an ability to listen to and balance, negotiate and work with a variety of internal and external stakeholders.

Ability to organize and complete multiple tasks simultaneously with close attention to detail and prioritization to meet deadlines.

Minimum Qualifications:
• Bachelor’s Degree and five years advancement, major gifts, or fundraising experience
• Commitment to Accion’s values of passion, pioneering spirit, integrity, accountability, and excellence
• Track record of cultivating and securing gifts at the $10,000 level and above
• Must be able to successfully pass a pre-employment background and credit investigation

Compensation:

Commensurate with experience

How to Apply:

TO APPLY

This search is being conducted with assistance from Linh Nguyen and Javier Garcia of NPAG. Candidates are encouraged to apply as soon as possible, and applications will be reviewed as they are received. Please send nominations and/or applications including cover letter describing your interest and qualifications, your resume (in Word format), and where you learned of the position to: https://grnh.se/b128836e2.

Accion is an Equal Opportunity Employer. Candidates of all backgrounds are encouraged to apply.

NPAG is a national executive search and consulting firm dedicated to serving the mission-driven community. We partner with global mission-driven clients to deliver highly-tailored, innovative, and strategic senior- and executive-level search services.

www.nonprofitprofessionals.com

Director of Philanthropy Accion
Albuquerque, NM
Job Function: Administrative/Operations/IT
Posted: May 14, 2019

Background:

3 BILLION PEOPLE LIVE IN OR NEAR POVERTY
Our vision is to build a financially inclusive world with access to economic opportunity for all.
Our mission is to give people the financial tools they need to improve their lives.
Accion has proven time and time again that financial services can be made available; that individual lives and the prosperity of communities can be significantly enhanced; and that this can be done at scale and sustainably. Our work helps people, small businesses, and communities grow and thrive. We challenge and engage the industry, its leaders, and its regulators to achieve a financially inclusive world.

Position Summary:

EXECUTIVE SUMMARY
Founded in 1994 and serving the states of Arizona, Colorado, Nevada, New Mexico and Texas, Accion is a
nonprofit organization that increases access to business credit, makes loans and provides training to
enable entrepreneurs to realize their dreams and be catalysts for positive economic and social change.
https://us.accion.org/region/az-co-nv-nm-and-tx
Dedicated to helping entrepreneurs and business owners generate income, build assets, create jobs and
achieve financial success, Accion offers business loans from $1,000 to $1 million, along with training,
networking and other support services to those who own or want to start a business. To date, the
organization has granted about 14,000 loans totaling more than $142 million to nearly 9,300 small
businesses across that five states that it serves.
Celebrating its 25th anniversary this year, Accion has earned the “Exceptional” four-star rating eight years
in a row from Charity Navigator, the independent national nonprofit evaluator -- an achievement shared
with only 4 percent of the charities evaluated by Charity. This top designation sets Accion apart in
exceeding industry standards and outperforming most charities in its cause, offering donors the
confidence they are supporting a model organization that exemplifies financial health, accountability, and
transparency.
Under the longtime leadership of its CEO Anne Haines, Accion has embarked on an initiative to spread the
word about entrepreneurship as the fastest path to economic mobility in America today. Called the
“Moonshot,” this national movement aims to mobilize $1 trillion into the hands of underserved
entrepreneurs between now and 2030. To support this transformative journey, Accion is seeking an
experienced, mission-driven Director of Philanthropy to help build its philanthropic and development
strategies, manage its fundraising engine, and operationalize Accion’s advancement initiatives.
This search is being conducted by Linh Nguyen and Javier Garcia of NPAG. Application instructions can be
found at the end of this document.

Responsibilities:

OPPORTUNITIES AND CHALLENGES FACING THE DIRECTOR OF PHILANTHROPY

The Director of Philanthropy position provides a highly impactful platform for the successful candidate to
contribute to a comprehensive and innovative philanthropy and advancement program. Reporting directly
to the Chief Operating Officer (COO), and partnering closely with the Vice President for Strategic

Philanthropy and Investments (VP/SPI), the Director of Philanthropy will:
• Collaborate with Accion senior leadership, including the Chief Executive Officer (CEO), Executive Vice
President/Chief Strategy Officer (EVP/CSO), COO and VP/SPI, in the creation and execution of a
comprehensive philanthropy strategy and multi-year advancement plan with clear metrics to support

Accion’s mission achievement and financial sustainability.
www.nonprofitprofessionals.com
• Manage and supervise advancement staff; provide coaching, counseling, training and feedback to
employees; assign, review, and delegate work and job responsibilities.
• Partner with and support the VP/SPI in driving national fundraising strategies, including the Moonshot
initiative and high-level donor outreach to six- and seven-figure prospects.
• With the COO and VP/SPI, own the annual fundraising goal for operating and lending capital.
• Drive and oversee a wide range of philanthropic work, including solicitation and stewardship of
individual, foundation and corporate donors, prospect research and cultivation, grant writing, and
special events in accordance with Accion’s overall advancement strategy.
• Work with team members to improve and maintain all tracking and project management processes to
fill the pipeline with high-value investors, partners and donor prospects.
• Coordinate advancement staff to support Accion leaders, board members, and stakeholders with
materials, events, and activities that further the Moonshot and associated major gifts outreach.
• Direct staff in the timeliness and accuracy of gift receipts to donors and gift receipting production.
• Direct the maintenance of a comprehensive and accurate fundraising database to include all alumni
records, past and prospective donors.
• Ensure the organization’s compliance with grant agreements and coordinate as needed to fulfill
programmatic goals and deliverables required by active grant or funding agreements.
• Implement policies and procedures for staff to ensure consistency and adherence to department
goals.
• Develop and maintain well-stewarded contributor and community relations on behalf of Accion.

Requirements:

QUALIFICATIONS OF THE IDEAL CANDIDATE

The ideal candidate will be passionate about Accion’s mission and bring to the work many of the
qualifications below.

A successful track record of building and sustaining a portfolio of corporate, philanthropic, and major-gift
level donors and funders in the high six- to seven-figure range.

Strong command of fundraising campaigns, high-figure gift strategies, and the philanthropic donor
environment in the United States generally and in Southwest region specifically.

Proven success in stewarding a disciplined, results-oriented development team that works collaboratively
in a fast-paced, mission-oriented environment.

Excellent leadership skills, emotional intelligence, and demonstrated ability to develop and maintain
values-driven, productive relationships internally and externally.

Demonstrated experience executing on strategy, setting priorities, managing multiple projects and
working effectively under pressure to achieve individual and organizational goals.

Highly organized, detail-oriented, reliable and flexible; a leader who manages toward clarity, finds
solutions and is able to think strategically about the organization.

www.nonprofitprofessionals.com

A team player with a high degree of accountability, strong work ethic, creative and collaborative approach
to teamwork who can lead from the front or from behind as situations dictate, and who inspires
teammates to contribute their best.

Excellent verbal and written communication and interpersonal skills, an ability to listen to and balance,
negotiate and work with a variety of internal and external stakeholders.

Minimum Qualifications:
• Bachelor’s Degree in Journalism, Marketing, Administration, Public Relations, Communication or
related field
• Seven years of experience in fundraising and advancement
• Three years of experience in a supervisory, management capacity
• Commitment to Accion’s values of passion, pioneering spirit, integrity, accountability, and
excellence
• Bilingual ability in English and Spanish preferred. Master’s degree preferred
• Must be able to successfully pass a pre-employment background and credit investigation

Compensation:

Commensurate with experience

How to Apply:

TO APPLY
This search is being conducted with assistance from Linh Nguyen and Javier Garcia of NPAG. Candidates are
encouraged to apply as soon as possible, and applications will be reviewed as they are received. Please send
nominations and/or applications including cover letter describing your interest and qualifications, your
resume (in Word format), and where you learned of the position to: https://grnh.se/d73818ac2.
Accion is an Equal Opportunity Employer. Candidates of all backgrounds are encouraged to apply.
NPAG is a national executive search and consulting firm dedicated to serving the mission-driven
community. We partner with global mission-driven clients to deliver highly-tailored, innovative, and
strategic senior- and executive-level search services.
www.nonprofitprofessionals.com.

Director of Lending Cinnaire
Lansing, MI
Job Function: Lending/Loan Operations
Posted: May 10, 2019

Background:

Cinnaire has an unwavering belief that all people deserve the opportunities provided by living in healthy communities. That is the why that guides all of Cinnaire’s activities. At Cinnaire, our human capital is our most valuable asset. We are committed to fostering and preserving a culture of diversity, inclusion, and fairness. We strive to provide an environment that empowers the authentic expression of diverse voices and celebrates a workforce that reflects the communities we serve.

Specifically, Cinnaire is a nonprofit partner based in Lansing, MI that supports community stabilization and economic development by developing and nurturing partnerships that can change lives and transform communities in the Great Lakes and Mid-Atlantic regions. Founded in Michigan In 1993, Cinnaire launched a tax credit fund to support much needed affordable housing in Detroit and surrounding areas. In 2002, Cinnaire created Cinnaire Lending Community Development Financial Institution (CDFI) to address the significant needs of its partners that struggled to find flexible capital to get housing projects off the ground. Twenty-five years later Cinnaire has expanded to close to 100 team members with 7 offices and programs in 9 states, partnering with community organizations to support creation/retention of 81,000 Jobs, 653 affordable housing projects, and improving lives of 97,000 low- and moderate-income Individuals.

The organization does its work through four broad divisions: Its Equity Group manages its Low Income Housing platform, as well as other innovative capital solutions; Cinnaire Lending, provides debt financing for affordable housing (LIHTC) and other community development projects, including the FHLB Affordable Housing Program grant subsidies and the management of the New Markets Tax Credit program; Cinnaire Solutions provides consulting support to a broad range of community development projects and can serve as a full-service financial partner or as a master developer for innovative community development projects; Cinnaire Title offers title insurance services and full escrow services throughout the Cinnaire footprint. The current search represents a new initiative within Cinnaire Lending, creating a new capacity for financing smaller scale but impactful community development projects in targeted priority areas. Through an extensive strategic planning process, Cinnaire has identified three geographic areas as its priority cities (Detroit, MI; Wilmington, DE; and LaCrosse, WI). Cinnaire expects to initially focus on these three priority cities and then replicate its community development lending initiatives to other parts of its footprint in future years.

Position Summary:

The Director of Lending (DL) is a new position which is being created to provide leadership to all community development loan origination activities with initial focus on the Wilmington, Delaware, Detroit, Michigan and La Crosse, Wisconsin markets. Given the fact that Cinnaire already has a well-developed function providing pre-development, acquisition, and permanent loans related to its extensive LIHTC equity investment program, the new program is intended to focus on smaller affordable housing projects and other community development projects, such as community facilities which are not served by the existing programs. The DL provides critical support to the President of Lending (PL) on setting community lending direction/policies, on issues related to affordable housing lending, and on developing additional community lending product offerings to better meet target needs. The DL also oversees and works to strengthen business development strategies in priority community lending markets. Cinnaire’s current presence in these target markets has already initiated some development loan deal flow, so the new DL will not be starting from a dead stop. The DL balances Cinnaire’s mission with sound financial principles and results, and ensures that funder compliance and legal issues are appropriately addressed. The position reports to the President of Lending, and manages the Community Development Loan Officers and maintains relationships with Market Leaders in the target markets.

The Director of Lending can be based in any of the cities where Cinnaire has an office ( Detroit, Wilmington, Madison, Grand Rapids, Lansing, Indianapolis, Chicago)//The position will require some regular travel to the target cities.

Responsibilities:

Key priorities for the first year include the following:

• Develop appropriate lending policies and procedures, including building the policies and procedures for community development lending;
• Oversee the team of community development loan officers to be based in the target cities;
• Share expertise in community facilities financing to ensure delivery of financing options to borrowers while delivering solid underwriting practices

PRIMARY DUTIES AND RESPONSIBILITIES include the following.

Assist the PL in the growth of the diversified lending business, including lending for affordable multifamily rental projects.

Collaborate with the PL to determine lending policies and procedures.

Meet or exceed Cinnaire lending deployment goals. Work to ensure high customer satisfaction and portfolio performance.

Maintain overall portfolio quality and performance through a strong case management model that delivers solid underwriting practices and proactive client relationships for the life of the loan.

Oversee target market outreach strategies, pipeline activities, and the origination process, including underwriting, structuring of credits, approval, and closings.

Manage and coach community development loan officers and market leaders, including leading the hiring process, employee feedback/reviews, team coordination, access for employee questions/concerns, and budgeting input.

Oversee the coordination of Cinnaire’s internal and external loan committees, including member relations, planning, meetings, presentations, and communication.

Maintain expertise in community facilities and affordable housing financing to ensure delivery of comprehensive alternative financing options to clients.

Requirements:

The ideal candidate will meet the following requirements:
• Demonstrated competency in community development and non-profit lending, cash flow and project analysis, underwriting, structuring and lending policies and procedures.
• Demonstrated competency in affordable multifamily lending, and/or experience working with GSE products/programs.
• Thorough understanding of nonprofit and real estate development financial statements.
• Proactive work style and the ability to work in a team environment.
• Highly-organized and detail oriented.
• Excellent prioritization skills.
• Ability to communicate effectively and work collaboratively in a multicultural environment.
• High-level written and oral communication and presentation skills.
• Proficient computer software user, including spreadsheets and databases.
• Minimum of 7-10 years of experience in community facilities and/or affordable housing that includes knowledge of non-profit and developer issues, cash flow and project analysis, and underwriting and portfolio management.
• MBA or MA preferred, preferably in business, accounting, finance, community development, or urban planning. A BA plus five years additional relevant experience may substitute for an advanced degree.
• 3-5 years hands-on supervisory experience required.
• Previous management experience in a mature CDFI preferred.

The successful candidate will exhibit the following key competencies:
• Commitment to the Why of Cinnaire - its unwavering belief that all people deserve the opportunities provided by living in healthy communities;
• Strong, demonstrated strategic thinking orientation with history of developing work plans and implementing change based on strategic planning;
• Must be results-oriented, entrepreneurial, creative and flexible, and willing to work hands-on in a fast-paced, growing organization;
• Superb interpersonal and business relationship building skills;
• Excellent written and oral communication skills;
• Recognized collaborative management style, with the ability to manage, motivate, and grow a professional team;
• Genuine interest in local community development projects, programs and supports;
• Demonstrated ability to interpret complex financial analyses and financial statements;
• Solid knowledge of loan structuring, credit resolutions, banking/lending laws and regulations.

Compensation:

The position carries a competitive salary with growth potential, as well as a comprehensive benefits package.

How to Apply:

For more information, please contact our search consultant, David Erickson-Pearson at 303-703-6165, or epdavid@earthlink.net. To apply, please submit resume, cover letter and salary requirements to epdavid@earthlink.net.

Contractor Data Analyst Aeris
Philadelphia, PA
Job Function: Accounting
Posted: May 8, 2019

Background:

Since our beginnings in 2004, Aeris has established risk management standards for private community loan funds (CDFIs) and has helped strengthen the development of impact measurement and management practices in the CDFI industry. We are applying those lessons to serve the broader impact investment world.

In 2013, Aeris built an online platform to collect and manage the impact and financial information that supports our deep due diligence and monitoring activities. Today, we are sharing that capability with the broader investing field: offering a highly reliable tool tailored to the unique needs of multiple users for the collection, management, and analysis of the impact and financial data of their investments.

Position Summary:

The Part-Time Contractor will contribute to the success of Aeris Operations Team’s work, including helping to develop and maintain its industry-first database of standardized CDFI performance data, which is increasing transparency and standardization to drive investment in CDFIs. Work is managed and performed in a standard production environment and process, with key success measures being quality, quantity, accuracy, timeliness, and team work.

The Contractor must be self-motivated in the management and performance of scheduled workloads, and be flexible to work in a team environment in response to changing business needs and priorities. He/she must be able to learn new skills, new content, and new ideas quickly and effectively. Some knowledge of accounting concepts is required; prior experience reading and understanding the financial statements of lending institutions is preferable.

Responsibilities:

1. Prepare CDFI financial statements for the Aeris Cloud
a. Work with Aeris Operations team to understand CDFI financial presentation.
b. Prepare CDFI financial statements and performance metrics for Aeris quarterly reporting by mapping data into Aeris’ proprietary Cloud database.
c. Proofing and finalizing quarterly financial statements and reported performance data.
d. Communicate with CDFIs regarding clarification of materials submitted and requests for additional data.
2. Aeris Cloud maintenance
a. Orient CDFIs to uploading data and supporting documentation to the Aeris Cloud.
b. Load data and documents into appropriate “libraries” on the Aeris Cloud.
c. Work with CDFIs to set up their Aeris “library” and financial template on the Aeris Cloud.
d. Follow up with CDFIs as necessary to ensure timely upload of quarterly financial statements and performance data.

Requirements:

• Strong aptitude for working with numbers and financial statements.
• Excellent attention to detail and commitment to accuracy
• Superior professional interpersonal skills
• Ability to work in a timely manner, be self-motivated and take initiative for new projects
• Ability to work both independently and in a team environment is required
• Ability to manage multiple tasks in effective and efficient manner
• Capacity and willingness to learn

Compensation:

Hourly Rate

How to Apply:

Interested consultants should send resume and cover letter with hourly rate to:
Search: Contractor
Aeris Insight Inc.
Email: careers@aerisinsight.com

Underwriter Carolina Small Business Development Fund
Raleigh, NC
Job Function: Lending/Loan Operations
Posted: May 2, 2019

Background:

Carolina Small Business Development Fund is a state wide nonprofit Community Development Financial Institution (CDFI) that partners with community based organizations to provide training and loans to create economic opportunities for individuals, families and communities in underserved markets as well as providing capital, business services and policy research to support small businesses.

Position Summary:

Under the general supervision of the Underwriting Director, performs small business loan analysis in accordance with Carolina Small Business Development Fund policies and procedures to ensure and maintain good credit quality. Ensures loans are processed and underwritten in compliance with specific program guidelines. Responsible for the underwriting of eligible micro and small business loans under the various loan guaranty programs including the SBA Community Advantage Pilot Program.

Responsibilities:

Gathers and analyzes complex financial and credit information; clearly presents data, analysis and recommendation in a written credit memo. Ensures compliance with all SBA Community Advantage, CSBDF loan policy, loan funding partner requirements, and federal and state laws and regulations. Prepares and submits loan packages as necessary for review and approval by the Small Business Administration and other guarantee programs where an external review and authorization is required. Makes referrals to Business Services Department for borrowers requiring intensive technical assistance.Represents the Carolina Small Business at various forums and community events. Performs other duties as assigned by the Underwriting Director. Assists Credit Department in review of existing borrower accounts and portfolios in order to identify, evaluate, and determine the appropriate course of action on potential credit quality issues in an effort to maintain superior asset quality. Recommends appropriate loan risk rating grades as part of the loan underwriting process or on an as needed basis.

Requirements:

Possession of Bachelor’s degree in Business Administration, Finance, Economics or a related field. At least 3 years of SBA underwriting experience and at least 3 years of credit administration and small business lending experience. Possession of a valid North Carolina driver’s license. 5+ years of SBA underwriting experience and 5+ years of credit administration, loan underwriting, or commercial lending experience. Completion of formal credit underwriting training. Bilingual a plus (Spanish). Basic accounting theories, credit principles, lending functions, loan research, cash flow analysis and general credit policies. Knowledge and understanding of commonly used rules, regulation, concepts, practices, and procedures governing lending activities. Customer service protocol and service orientation.

Compensation:

Compensation based on market value and experience.

How to Apply:

Send cover letter and resume to hr@carolinasmallbusiness.org

Underwriter Carolina Small Business Development Fund
Raleigh, NC
Job Function: Lending/Loan Operations
Posted: May 2, 2019

Background:

Carolina Small Business Development Fund is a state wide nonprofit Community Development Financial Institution (CDFI) that partners with community based organizations to provide training and loans to create economic opportunities for individuals, families and communities in underserved markets as well as providing capital, business services and policy research to support small businesses.

Position Summary:

Under the general supervision of the Underwriting Director, performs small business loan analysis in accordance with Carolina Small Business Development Fund policies and procedures to ensure and maintain good credit quality. Ensures loans are processed and underwritten in compliance with specific program guidelines. Responsible for the underwriting of eligible micro and small business loans under the various loan guaranty programs including the SBA Community Advantage Pilot Program.

Responsibilities:

Gathers and analyzes complex financial and credit information; clearly presents data, analysis and recommendation in a written credit memo. Ensures compliance with all SBA Community Advantage, CSBDF loan policy, loan funding partner requirements, and federal and state laws and regulations. Prepares and submits loan packages as necessary for review and approval by the Small Business Administration and other guarantee programs where an external review and authorization is required. Makes referrals to Business Services Department for borrowers requiring intensive technical assistance.Represents the Carolina Small Business at various forums and community events. Performs other duties as assigned by the Underwriting Director. Assists Credit Department in review of existing borrower accounts and portfolios in order to identify, evaluate, and determine the appropriate course of action on potential credit quality issues in an effort to maintain superior asset quality. Recommends appropriate loan risk rating grades as part of the loan underwriting process or on an as needed basis.

Requirements:

Possession of Bachelor’s degree in Business Administration, Finance, Economics or a related field. At least 3 years of SBA underwriting experience and at least 3 years of credit administration and small business lending experience. Possession of a valid North Carolina driver’s license. 5+ years of SBA underwriting experience and 5+ years of credit administration, loan underwriting, or commercial lending experience. Completion of formal credit underwriting training. Bilingual a plus (Spanish). Basic accounting theories, credit principles, lending functions, loan research, cash flow analysis and general credit policies. Knowledge and understanding of commonly used rules, regulation, concepts, practices, and procedures governing lending activities. Customer service protocol and service orientation.

Compensation:

Compensation based on market value and experience.

How to Apply:

Send cover letter and resume to hr@carolinasmallbusiness.org

Loan Closing Specialist Local Initiatives Support Corporation
NEW YORK, NY
Job Function: Other
Posted: May 1, 2019

Background:

What We Do
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.
Strategies We Pursue
Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities.
Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities.
Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places.
Develop leadership and the capacity of partners to advance our work together
Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being.
Over the last 39 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. Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 32 markets with offices extending from Buffalo to San Francisco. Visit us at www.lisc.org.

Position Summary:

LISC's Lending Department is seeking a Loan Closing Specialist. The position will report to LISC’s Chief Credit Officer and work in close coordination with lending staff in the field and other members of LISC’s Lending and Legal departments. The Loan Closing Specialist will manage the documentation and closing needs of a diverse, complex portfolio of real estate, working capital and New Markets Tax Credits leveraged loans. Collaborating with national and local LISC staff, this position will ensure that the approved loan terms and conditions are communicated to borrowers, the Legal Department has information required to draft and distribute documents, and required documentation is collected.

Responsibilities:

• Act as closing agent for LISC loans, reviewing all documentation for accuracy and completion of file.
• Prepare closing checklists and compile loan documentation to satisfy approved underwriting requirements, special closing conditions and special disbursement conditions.
• Coordinate closing activities with all parties involved, including review of loan approval notifications and loan funding calculations ensuring all fees, draws and expenses are accurate and documented.
• Engage with attorneys who prepare loan documents in accordance with policy and credit approval.
• Responsible for review of credit approvals and confirming that loan documentation properly reflects unique, individualized requirements of the approval for the specific loan.
• Assist borrowers with explanation of loan process, with attention to customer service and closing details.
• Communicate with Lending Department, Legal Department, and field staff when proposed requirements or approvals for the loans cannot be met.
• Coordinate activities with other parties including legal counsel, borrower, title company, third parties, and internal contacts and resources.
• Assist in processing funding disbursements at loan closing and for individual draws under lines of credit.
• Collect and provide initial review of title reports, property and liability insurance certificates, environmental reports (Phase I and Phase II) and appraisals. Identify any issues to the assigned LISC attorney.
• Prepare Summary of Loan Terms at time of closing.
• Performs additional duties, as required.

Requirements:

Applicants should have the following qualifications:

• Paralegal certificate or Bachelor’s degree in business, related field or equivalent experience.
• At least five (5) years real estate loan closing experience with a bank, other financial institution, or law firm, including experience closing collateralized, unsecured and construction or portfolio loans. CDFI experience and/or subject matter expertise is strongly preferred as is operations/process management experience.
• Strong communications, analytical, decision-making, organizational, follow-up and customer service skills.
• Ability to make decisions or recommend solutions independently, leveraging the work of attorneys, program officers, chief credit officer, and other resources to provide efficient and appropriate solutions to issues as they arise.
• Ability to evaluate, assess and mitigate risk inherent to closing process as well as ensuring adherence to LISC policies and procedures while recognizing the unique, individualized nature of each transaction.
• Attention to detail with the ability to prioritize in a high-volume environment.
• Familiarity with core community development products, including predevelopment loan real estate acquisition and construction loans, working capital lines of credit, permanent debt to Low-Income Housing Tax Credit projects and New Markets Tax Credit debt.
• Good organizational abilities, including ability to work independently and manage multiple assignments simultaneously.

Compensation:

LISC provides a competitive salary and excellent fringe benefits.

How to Apply:

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

Malini Nayar, Vice President, Chief Credit Officer
Local Initiatives Support Corporation
501 Seventh Avenue – 7th Floor, New York, New York 10018
MNayar@lisc.org

Pages

Print Friendly, PDF & Email