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  • 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.

Financial Institutions Specialist Aeris
Philadelphia, PA
Job Function: Finance
Posted: October 15, 2019

Background:

Aeris is a rating and information service built on the belief that capital will flow to good more quickly when investors have confidence in the accountability, standards, and transparency of impact investments.

Since 2004, Aeris’ due diligence and data have helped investors source, underwrite, and monitor investments that meet their risk parameters and impact goals. Aeris’ clients range from large financial institutions with Community Reinvestment Act (CRA) obligations, mission-driven charitable foundations, government, private wealth managers, and impact fund managers.

Position Summary:

The Financial Institution Specialist contributes to the success of Aeris Operations Team’s work with CDFIs, mainly by performing and supporting essential tasks in the Aeris rating process working with Aeris staff, analysts and rated institutions as well as helping support the Aeris Cloud, Aeris’ industry-first database of standardized CDFI performance data. 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 Financial Institution Specialist is required to be self-motivated in the management and performance of scheduled workloads, but should also be flexible to work in a team environment in response to changing business needs and priorities. He/she will be able to learn new skills, new content, and new ideas quickly and effectively. Prior experience reading and understanding the financial statements of financial institutions with lending activities is required.

Responsibilities:

1. Perform and support essential tasks in the Aeris Rating process
a. Reviewing and verifying accuracy of collected data, calculated ratios and related tables and graphs
b. Prepare detailed financial and narrative report templates for Aeris Analysts.
c. Request and track document submission for all Aeris Rating Reports. Following up as necessary with CDFIs to ensure that all materials are submitted in timely fashion.

2. 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 analyses or quarterly reporting.
c. Working with CDFIs, proof and finalize quarterly financial statements and reported performance data.
d. Communicate with CDFIs and Analysts regarding clarification of materials submitted and requests for additional data.

3. Aeris Cloud maintenance
a. Orient CDFIs to uploading data and supporting documentation to the Aeris Cloud.
b. Lead Webinar demonstrations of the Aeris Cloud for CDFIs, as requested.
c. Load data and documents into appropriate “libraries” on the Aeris Cloud.
d. Work with CDFIs to set up their Aeris “library” and financial template on the Aeris Cloud.
e. Follow up with CDFIs as necessary to ensure timely upload of quarterly financial statements and performance data.

4. Aeris Rating Committee
a. Schedule meetings and conference calls by coordinating and confirming attendance, arranging for the meeting dates/equipment/advance materials, etc.
b. Schedule ratings committee, coordinating analyst selection with the Director of Ratings.
c. Support ratings committees.

5. Aeris document preparation
a. Proof and note corrections on draft Aeris reports during the layout process.
b. Prepare ratings certificates, ensuring that ratings are correctly represented before they are released to CDFIs.

Requirements:

• Bachelor’s Degree and 1-4 years of professional experience is desired, preferably in financial services, or late career professionals from the financial services field
• Strong financial and analytical experience required
• Familiarity with nonprofit financial statements is preferred
• Strong writing and communication experience required
• Superior ability to focus on detailed work for accuracy
• Knowledge of and commitment to community development/investing

Compensation:

Salary commensurate with experience and includes strong benefits package.

How to Apply:

Search: Financial Institutions Specialist
Aeris Insight Inc.
Email: careers@aerisinsight.com

Staff Accountant California FarmLink
Aptos, CA
Job Function: Accounting
Posted: October 15, 2019

Background:

Join California FarmLink’s Finance Team to support California farmers and vibrant local food systems.
This position will play a key role in the growth of FarmLink’s agricultural lending, land access and farm
business education programs. As a Community Development Financial Institution (CDFI), FarmLink is
nationally recognized in its focus on supporting the land and capital needs of next generation farmers.

Position Summary:

The Staff Accountant will maintain organizational and program financial administration, including primary entries into the general
ledger, overall general ledger administration, accounts receivable, accounts payable, financial reporting
and audit preparation. Assist program managers with budgeting and in understanding how transactions
are coded. Assist Finance Manager with grant reporting as requested. Assist with liability/risk insurance
policies. Maintain human resource records, including payroll, employee benefit programs and legal
compliance and records. Provide information and reports as needed to Finance Manager/Chief Financial
Officer and Audit Committee.

Responsibilities:

● Full Charge Bookkeeping–Maintain financial systems, including general ledger administration,
accounts receivable, accounts payable, financial reporting and loan fund reconciliation
● Maintain financial policies and internal controls to safeguard organizational assets and comply
with regulatory requirements
● Assist program managers as needed with budgeting, reporting, and recording current
transactions
● Support annual and other periodic audits from federal and state regulators
● Assist in annual reporting to state and federal agencies
● Maintain corporate records and files as requested
● Maintain human resource recordkeeping responsibilities, including payroll, employee benefits,
403b retirement program, legal compliance and records administration
● Maintain and administer risk management needs including liability and property insurance policies
and operational practices
● Attend staff meetings on a regular basis
● Perform all other reasonable duties as assigned

Requirements:

● Excellent financial system management experience including QuickBooks and Excel
● At least three years of non-profit financial accounting
● Excellent inter-personal skills, comfortable working with people of varied cultural backgrounds
and English as second language users
● Ability to write and edit effectively, with tact, diplomacy, and/or authority when necessary
● Good organizational skills, well disciplined, and able to meet deadlines, self- starter
● Ability to work under pressure of many priorities and deadlines; effective problem solver
● Minimum AA in accounting, or certificate in bookkeeping, other evidence of strong knowledge of
accounting fundamentals including debits, credits, chart of accounts structure, internal control,
and basic techniques for reconciling accounts
● Strong computer skills

Compensation:

$55,000 to $65,000 commensurate with experience

How to Apply:

How To Apply
Please email a thoughtful cover letter explaining your interest in the position and organization with
resume to: info@cafarmlink.org. No phone calls please.

President and CEO Stewards of Affordable Housing for the Future (SAHF)
Washington, DC
Job Function: Other
Posted: October 10, 2019

Background:

THE ORGANIZATION

Launched in 2003, Stewards of Affordable Housing for the Future (“SAHF”) is a collaborative and innovation laboratory of thirteen nonprofit, multi-state housing providers. SAHF also is affiliated with the National Affordable Housing Trust (NAHT), which provides syndication and financing solutions. SAHF members own more than 140,000 affordable rental homes nationwide. SAHF members are committed to long-term sustainable rental housing that makes a difference in people’s lives, incorporating services to support health, wellness and opportunity wherever feasible. Drawing on their deep experience, members come together to anticipate the future, increase impact and challenge one another. SAHF co-creates solutions grounded in business realities and advocates for quality rental housing. We work within our industry and across sectors to disseminate our learnings.

SAHF’s vision is that every person has a healthy home in a flourishing community. Our mission is to advance the creation and preservation of healthy, sustainable affordable rental homes that foster equity, opportunity and wellness for people of limited economic resources. We work to achieve our mission through our values of respect, integrity, stewardship, collaboration and diversity and inclusion.
SAHF and its members are a dynamic team focused on learning from and applying on-the-ground experience to systems change and to advancing more effective and equitable policy and practice. We leverage one another’s best practices and collaborate to expand, innovate and scale business and mission opportunities and policy change.

To achieve its mission, SAHF focuses on three key areas:

• Affordable Housing Policy and Financing
SAHF brings a strong expertise in practice-based policy, utilizing the experiences of SAHF members, our NAHT affiliate, and the expertise of SAHF’s team to develop, analyze and advocate policies that make a critical difference in addressing the challenges of affordable rental housing supply and preservation. While SAHF works mostly on the federal level, it does identify and promote important components of state policy and state implementation of federal programs, such as the Low Income Housing Tax Credit. SAHF identifies and promotes policies that support our mission to foster equity, opportunity and wellness for people of limited economic resources through housing. SAHF also supports critical areas of intersection between housing, health and the many social determinants of health. SAHF supports members on identifying and recommending new financing opportunities and products and works closely with NAHT on financing options.

• Health and Housing, Resident Outcomes and CORES
SAHF knows that housing is one of the most important social determinants of health. SAHF focuses its health and housing efforts in three ways: (1) increasing and preserving the supply of quality affordable rental housing; (2) supporting the health and wellness of affordable housing residents through services and opportunities; and (3) identifying and promoting healthy building design and materials. SAHF’s Resident Outcomes’ efforts build on this approach to health and housing and enable SAHF to fulfill its mission to foster equity, opportunity and wellness for people of limited economic resources. SAHF does this principally through supporting best practices, innovation and measurement in service-enriched housing. SAHF has recently launched CORES, the Certified Organization for Resident Engagement and Services, to recognize owners and third-party providers that have developed a robust commitment, capacity, and competency in providing residents services coordination in affordable housing communities.

• Energy and Water Efficiency and Environmental Sustainability
SAHF and its members are committed to the sustainability of our planet and our communities by building and operating housing that is energy and water efficient. As leaders in the affordable multifamily housing sector, we continually seek new ways to ensure the transition toward a low-carbon future is one that benefits our low-income residents and makes our communities more resilient. We strive to reduce our environmental impact through greater adoption of efficiency and renewable energy models and solutions. In its environmental sustainability work, SAHF works with the industry, its members and other affordable housing developers to help implement programs on the ground, improve program design and delivery, and integrate proven strategies into management practices.

Position Summary:

The position offers a thoughtful, accomplished entrepreneur the opportunity to lead a highly regarded national organization focusing on affordable rental housing issues. In addition to vision and thought leadership, the CEO must possess the intellect and passion to identify, develop, articulate and advocate for key strategic issues and initiatives of concern to the organization and its members. The CEO must also possess the skills, experience, and temperament to lead the implementation of these strategies and to facilitate collaboration among the SAHF team and members. Leading a team of ten smart, dynamic individuals, the CEO will be leading and contributing to SAHF’s program and policy efforts every day.

The CEO must enhance current relationships and forge new ones and bring a collaborative approach whenever possible. Key relationships include policymakers, advocates, funders, thought leaders and nonprofit and for-profit partners.

Responsibilities:

Executive Leadership and Management
▪ Provides executive leadership for SAHF and motivates and inspires a high-performing team.
▪ Leads with mission and embraces and implements SAHF’s values.
▪ Exhibits a deep commitment to equity and racial justice.
▪ Embraces change.
▪ Leads innovation through new products, services, programs or geographies.
▪ Creates and fosters a collaborative culture.
▪ Serves as the principal spokesperson to the greater community, including, but not limited to, Congress, the Administration, State Housing Finance Agencies, policymakers, advocates, affordable housing and social justice organizations, media, lenders, investor and funders.
▪ Develops, recruits, and retains the diverse talent necessary for mission success. Identifies and acts on development and growth opportunities for the SAHF staff, wherever feasible. Ensures SAHF has appropriate levels of benefits and compensation to attract and retain talent.
▪ Establishes and facilitates a strong and effective partnership with the SAHF Board.

Strategic Planning and Program Development
▪ Leads the successful execution of a strategic plan and the development of a new plan, as necessary, in partnership with the Board and staff.
▪ Identifies new programmatic and policy initiatives, through active listening, close collaboration with the SAHF team and members, and tracking and awareness of innovations in the field and other related sectors.
▪ Works closely with NAHT to identify programmatic and strategic opportunities and provide support for those efforts, as appropriate.
▪ Identifies and evaluates partnership and collaboration opportunities that will advance SAHFs strategic plan.
▪ Connects key external stakeholders with relevant strategies and initiatives to engage their support.
▪ Assures that organizational metrics and plans are in place with clear benchmarks.
▪ Reports to the Board on the implementation of SAHF’s strategic plans and ongoing programs.
▪ Identifies and applies for funding opportunities that are in service to SAHF’s strategic plan and program initiatives.

Member Engagement
▪ Maintains a strong working relationship with the members, seeing them as trusted confidantes and advisors; demonstrates strong listening skills.
▪ Creates a strong customer service culture among the staff for excellent service and support of the members.
▪ Leads the SAHF team to provide quality peer engagement opportunities and fosters member engagement in SAHF’s peer groups and initiatives.
▪ Identifies topics and potential guests, develops effective agendas and works closely with the SAHF Chair and Executive Committee to provide valuable and robust Board meetings and annual retreats.
▪ Consistently demonstrates the value of the organization to its members.
▪ Facilitates and encourages the utilization of NAHT by members.
▪ Leads any recruitment and onboarding of new SAHF members as well as new SAHF Board members.
Outreach and Supporting Greater Impact in the Field
▪ Represents SAHF at conferences and public meetings, and with the media.
▪ Identifies and facilitates opportunities to leverage SAHF’s programmatic initiatives with the broader affordable housing industry.
▪ Consistently works to heighten SAHF’s brand, profile and impact as a key organization in affordable rental housing policy and practice.
▪ Develops and maintains strong relationships with Congress, the Administration and key affordable housing advocates and policy partners on pertinent policy and budget issues.
▪ In collaboration with the SAHF team and outside consultants, promotes SAHF, its initiatives and its members through effective communication with traditional media, social media, web presence, podcasts and webinars and other communications vehicles.
▪ Supports and participates in outreach and business development opportunities for NAHT.
▪ Leads business development opportunities for CORES.
▪ With the SAHF team, strengthens SAHF’s and the members’ relationships with the health sector.
▪ Fosters a close collaboration with the SAHF members on communications and fundraising opportunities.

Fundraising and Financial Stewardship
▪ Serves as principal fundraiser for SAHF and also guides and mentors SAHF team to support and manage some fundraising efforts. Presents SAHF, its initiatives and its members through a variety of approaches that are consistent with SAHF’s strategic plan and mission.
▪ Identifies new and non-traditional funders, with a special focus on increasing unrestricted dollars.
▪ Supports and fosters a culture of strong funder accountability with excellent communications and reporting.
▪ Assures financial stability and sustainability; ensures that SAHF operates within budget and is financially sound.
▪ Provides clear communication to the Board and Finance and Audit Committee on SAHF’s financial opportunities and challenges.
▪ Identifies, evaluates and implements opportunities to generate earned income and fees.
▪ Serves as a fiduciary for the effective financial management of SAHF.
▪ Works closely with SAHF’s accounting and financial management team at NAHT.
▪ Develops and oversees annual budget.
▪ Works closely with NAHT, SAHF’s financing affiliate, to optimize efficiencies and identify opportunities for NAHT growth and sustainability and SAHF sustainability.

Requirements:

SKILLS AND EXPERIENCE
▪ Advanced degree in a relevant subject (e.g., public policy, law, real estate, or business) preferred. Bachelor’s degree required.
▪ Sophisticated working knowledge of affordable rental housing policy and practice; a thought leader in affordable housing.
▪ Demonstrated success raising funds from multiple sources and facile in framing SAHF’s work and opportunities through a variety of lenses.
▪ Demonstrated track record of executive leadership. Leadership in an affordable housing context preferred. Leadership in a nonprofit and/or policy-focused setting a plus.
▪ Demonstrated success developing and implementing strategic plans with positive results.
▪ Experience leading and motivating staff.
▪ Experience working effectively with a board.
▪ Effective collaborator.
▪ Committed to and interested in inter-sectoral work that supports the Social Determinants of Health.
▪ Strong commitment and interest in environmental sustainability, especially as it relates to affordable rental housing.
▪ Strong analytical, written and oral communication skills; communicates effectively with a wide variety of audiences.

PERSONAL ATTRIBUTES

Vision and Purpose: Communicates a compelling, inspired vision or sense of core purpose; sees over the horizon; talks beyond today; inspires and motivates; has an innovative spirit.

Positive Presence: Articulate, optimistic, energetic; motivates and inspires people and groups at all levels. Invites input and shares ownership and visibility; leads by example.

Strategic Agility: Anticipates trends and consequences; has broad knowledge and perspective; paints credible pictures and visions of possibilities and likelihoods.

Hands-On Worker: Personally participates in idea generation, analysis, financial management and production of written products.

Passion for Mission: Embraces and is energized by desire to support members’ and SAHF’s missions.
Commitment to Equity and Racial Justice: Leads with a commitment to improve equity and racial justice across SAHF’s staff, programs and members.

Decision-making: Discusses issues openly, gathers information, draws conclusions, is decisive; sees root causes; looks beyond the obvious answers. When appropriate, digs into an issue or problem, pulling it apart and putting it back together.

Leveraging: Astutely assesses organizational opportunities, seeking maximum “bang for the buck.”

Negotiating: Negotiates skillfully in tough situations internally or externally; wins concessions without damaging relationships; forceful as well as diplomatic; quickly gains trust of all parties.

Delegation: Clearly and comfortably delegates both routine and important tasks and decisions, whenever possible; broadly shares responsibility and accountability.

Time Management: Uses time effectively and efficiently; can attend to a broad range of activities, but concentrates efforts on the highest impact issues and opportunities.

Compensation:

Commensurate with experience.

How to Apply:

Send resume and cover letter to linny@simkinsearch.com.

Loan Office National Housing Trust
Washington, DC
Job Function: Finance
Posted: October 10, 2019

Background:

The National Housing Trust is a strong national nonprofit engaged in affordable housing advocacy, lending, real estate development and energy solutions. Our mission is to preserve and improve affordable multifamily homes to support quality, healthy neighborhoods with a range of housing options so that families of all income levels have an opportunity to thrive.

NHT is an award-winning nonprofit with a focused agenda. The ideal applicant thrives in a fast-paced environment, working with dedicated and entrepreneurial colleagues. NHT has a staff of 30 across its four business lines – public policy, lending (NHT Community Development Fund and Institute for Community Economics), real estate development (NHT Communities) and energy solutions (NHT Renewable).

Made up of the National Housing Trust Community Development Fund (NHTCDF) and the Institute for Community Economics (ICE), NHT Lending is committed to providing access to flexible financing for the preservation and creation of affordable housing around the country.

Position Summary:

This is an exciting opportunity for an entrepreneurial professional to oversee the analysis and underwriting processes of loans and build new lending relationships. The Loan Officer will also work with the Director of Lending to raise lending capital from mission-oriented investors.

NHT offers a full array of loan products in the Washington metropolitan region to support the
production and preservation of affordable housing where we work and live. It is expected the Loan Officer’s primary focus will be on deployment in the DC, MD and VA region as we deploy several sources of targeted capital including a recent Capital Magnet Fund award.

The Loan officer will also support our national work as we offer affordable housing loan products for predevelopment and bridge financing needs, community land trust acquisitions, energy efficiency and renewable energy and other opportunities where mission focused owners and developers could not achieve their goals without our creative, flexible and patient capital.

Responsibilities:

In accordance with the Loan Policies and Procedures the Loan Officer will evaluate the credit worthiness and capabilities of the borrower /guarantor and/or the real estate collateral securing the proposed loan. Analysis will include, but not be limited to, performing financial analyses, third party review assessments, site visits, and evaluating feasibility and likelihood of repayment sources.

The Loan Officer will also work on the closing and the asset management of loans in cooperation with the Loan Fund Administrator and the Director of Lending. Finally, this position will help to increase the visibility of NHT’s CDFI Loan Funds through marketing, business development and product development, and will be expected to build new lending relationships and work with the Director of Lending to raise lending capital from mission-oriented investors.

Loan Underwriting & Originations
• Produce financial analysis of both for- and non-profit sponsors and/or borrowers.
• Conduct thorough due diligence, review and evaluate various aspects of loan underwriting such as appraisal reviews, construction cost reviews, property condition reports, environmental reports, and site inspections.
• Oversee the loan closing process by reviewing loan documents and/or due diligence items required to close loans.

Marketing and Fundraising
• Respond to requests for information from current and prospective institutional investors
• Work on capital funding applications from Public and Private sources
• Build relationships with potential borrowers and funders (some travel will be required)

Requirements:

This is an extraordinary opportunity for a committed leader with at least 5 years of experience in real estate-based or business lending, including credit analysis, and at least 3 years of experience working in affordable housing finance. Candidates will ideally have experience working at a CDFI. Other qualifications include:
• Commitment to NHT’s mission, including a deep dedication to assisting low income families create and access opportunities to thrive;
• Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations;
• 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 affordable housing;
• Experience working with both private sector financial institutions and public agencies;
• Ability to travel;
• Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential;
• Detail-oriented, entrepreneurial self-starter who relishes multitasking;
• Excellent interpersonal, organizational and communications skills, including both verbal and written skills;
National Housing Trust | 1101 30th St. NW, Suite 100A, Washington, D.C. 20007 | 202-333-8931 | NationalHousingTrust.org
• Excellent planning and organization skills;
• Ability to integrate thoroughness and attention to details with a big picture, strategic vision.
• Resourcefulness, with the ability to deliver results in an entrepreneurial, dynamic environment;
• Experience working with diverse and low-income populations;
• Collaborative spirit and positive attitude (a good sense of humor is a plus);
• Bachelor’s degree in relevant field (e.g. business, finance, real estate, urban planning) required. A graduate degree is preferred.

Compensation:

Salary and benefits are competitive and commensurate with experience. Salary Range $80K-$100K

How to Apply:

Submit resume and cover letter to hr@nhtinc.org. Please write "Loan Officer Application" in the subject line of the email. No phone calls.

Senior Community Development Loan Officer Idaho-Nevada CDFI
Boise, ID
Job Function: Lending/Loan Operations
Posted: October 9, 2019

Background:

The Idaho-Nevada Community Development Financial Institution (ID-NV CDFI) was founded in 2000 to create a social impact investment vehicle to provide capital and expertise to revitalize low-income communities. ID-NV CDFI has grown into a $37 million intermediary nonprofit organization that provides loans and technical assistance to groups that develop affordable housing, community facilities, essential health and human services, and community revitalization efforts. For more information on ID-NV CDFI programs and services, please visit our website at www.idahonevadacdfi.org.

ID-NV CDFI provides term and construction loans, bridge, gap and subordinate financing to meet the commercial real estate capital needs of organizations throughout the Intermountain West including the states of Montana, Wyoming, Idaho, Nevada, Utah, Colorado, Arizona and New Mexico. Our borrowers use ID-NV CDFI’s loans to finance affordable housing development; to purchase, rehabilitate or construct community facilities, including healthcare clinics, child care centers, charter schools and nonprofit office and program space; and to create economic development projects that make a difference in the lives of those who need help the most. Since making our first loan in 2000, we have committed $87 million in loans to organizations, financing 85 projects valued in excess of $516 million, with minimal loan losses to date. Our Board of Directors has approved an ambitious growth plan that includes an expansion to an eight-state service area, new products and services and having a broader impact on poverty as a regional CDFI.

Position Summary:

The Senior Community Development Loan Officer (SLO) serves as a key credit professional within ID-NV CDFI and leads the community development lending effort throughout the Intermountain West region. The position’s primary responsibilities are to source and underwrite highly complex financing requests and provide technical assistance to ID-NV CDFI’s clients: nonprofit and for-profit organizations that are acquiring community facilities, developing affordable housing or engaging in economic development activities to meet the needs of low-income communities and underserved populations. The SLO will also initiate and develop potential borrower relationships, and build and manage a base of referral sources and strategic partnerships to advance ID-NV CDFI’s mission and impact.

The position requires a highly motivated, deeply experienced lender with a background in community development finance, commercial real estate, or nonprofit housing/facility development and must possess excellent communication skills. The ideal candidate is also someone who understands the unique needs of the nonprofit sector, particularly nonprofit human service providers and affordable housing developers in the Intermountain West. The successful candidate must be a self-starter and must have the demonstrated ability to meet assigned goals successfully and on time. Finally, the candidate should enjoy working in an active and expanding nonprofit and thrive in a friendly, cooperative, and fast-paced environment.

The worksite will be in a newly established office in the southern region of our service area tentatively in Arizona, Nevada or New Mexico.

Responsibilities:

Underwriting
• Interview and screen potential loan applicants.
• Perform financial analysis, due diligence and project feasibility assessment for potential loan candidates.
• Provide technical assistance through the underwriting process and coordinate delivery of technical assistance activities through internal and external sources as needed.
• Prepare written credit memoranda with detailed analysis and recommendations for terms and credit structure.
• Present credit analysis for review and approval to appropriate levels of authority within ID-NV CDFI as required by loan policies.
• Work with the borrower and external parties through loan commitment terms and loan closing.
• Assist with loan closing and ongoing monitoring activities.
• Undertake special projects and other duties as assigned.

Business Development
• Develop and implement sales and marketing plans in targeted communities to achieve market penetration and meet assigned lending goals.
• Build and maintain positive and effective working relationships with referral sources, potential partners and funding sources.
• Actively develop and maintain a wide network of contacts with agencies, community leaders, funders and others to ensure a visible ID-NV CDFI presence.
• Conduct presentations, workshops, and one-on-one meetings for prospective borrowers and key constituents.
• Represent ID-NV CDFI at public meetings, events and conferences.
• Market loan products and programs to potential borrowers and referral sources.
• Follow up on loan inquiries and provide technical assistance to potential borrowers through the application process.
• Prepare call reports and maintain a contact database for ongoing sales and marketing efforts.
• Develop new products or services to meet market demand.

Requirements:

Minimum Requirements
• Undergraduate degree in business, finance, urban planning or related field, graduate degree preferred.
• Minimum of seven-years commercial real estate or multifamily underwriting experience, preferably in the field of community development.
• Experience structuring complex loan transactions.
• Excellent financial analysis skills with a demonstrated proficiency in MS Office Suite.
• Demonstrated excellent underwriting, analytical, database and reporting skills.
• Proven ability to generate client leads, manage a sales cycle and maintain business relationships.
• Superior judgment, attention to detail and deadlines.
• Excellent communication and organizational skills with a demonstrated ability to multi-task.
• Strong team player skills and ability to work effectively in a cooperative and diverse environment.
• Enthusiasm, entrepreneurial spirit, and a passionate commitment to work in community development.
• Great sense of humor.

Desired Qualifications, Skills and Experience
• Thorough understanding of and experience with affordable housing development or commercial real estate construction and asset management.
• Experience structuring New Market Tax Credit transactions.
• Experience in consulting and technical assistance in real estate development and/or finance, preferably with nonprofit clients.
• Knowledge and experience with nonprofit community-based organizations in the Intermountain West.
• Understanding of nonprofit finance and management best practices.
• Experience developing and implementing new financing products.
• Understanding of and experience with community development lending and funding sources.
• Multi-language fluency.

Compensation:

Starting salary is commensurate with experience with a range of $95,000 to $100,000, plus performance bonus and an excellent benefits package including health, dental, retirement plan and vacation.

How to Apply:

Send resume and cover letter: Idaho-Nevada CDFI, Attn: Senior Community Development Loan Officer Search, P.O. Box 44922, Boise, Idaho 83711-0922 OR email to info@idahonevadacdfi.org. Application Deadline: November 30, 2019 or until filled.

Portfolio Loan Assistant Capital Impact Partners
Arlington, VA
Job Function: Administrative/Operations/IT
Posted: October 7, 2019

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 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 Portfolio Loan Assistant is responsible for providing on-going support and assistance specifically to Portfolio Loan Officers (PLO) on the Portfolio & Asset Management Team.

Responsibilities:

Monitor covenant reports, contact and follow up with customers regarding delinquent reporting items
Collect reporting items from customers (including collecting and reviewing delinquent insurance certificates from borrowers)
Forward collected covenant items to covenant mailbox for imaging
Check the Process Manager to ensure that collected covenants have been satisfied, locating documents and financial statements in the imaging system
Responsible for assisting with providing reporting information to the Reporting & Compliance Team
Respond to PLO and manager requests for information
Track, review and collection of covenant items, including insurance
Spread interim and annual financial statements in spreading system
Update spreadsheets and reports

Requirements:

Minimum of 1 year of administrative experience preferably with a Community Development Financial Institution or commercial lending institution
Bachelor’s degree in business administration or related major a plus
Strong verbal, written and organizational skills, detail-oriented and a self-starter
Able to work in a team atmosphere where his or her manager may not work in the same office
Proficient in Microsoft Word, Excel and related willingness to learn specific software programs

Compensation:

$47,000 - $55,000

How to Apply:

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

Staff Accountant Capital Impact Partners
Arlington, VA
Job Function: Accounting
Posted: October 7, 2019

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 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 Staff Accountant who will support critical Accounting functions at Capital Impact Partners including, but not limited to Audit, Tax, Financial Reporting, Budget, Forecast and due diligence of Accounting Pronouncements. These tasks will include production and analysis of reports, schedules and/or datasets in a timely and accurate manner. The position will report to the Manager, Financial Reporting.

Responsibilities:

Accounting, Audit and Tax:

Prepare monthly financial statements for consolidated Capital Impact and each subsidiary Includes report generation and analysis
Support monthly financial reporting including but not limited to preparing various schedules: general ledger trial balance, account reconciliation status, business unit financial reports and monthly close calendar
Prepare audit schedules and footnotes as assigned; annual tax schedules utilizing final audit data
Support audit project management to ensure the timely completion of prepared by client (PBC) documents and any follow up requests. Assume the responsibility of compiling and maintaining, the daily open items list from the auditors and assign items to Finance members

Budget and Forecasting:

Support annual budget process including but not limited to consolidation of budget inputs, loading approved budget into general ledger and summary reporting
Support forecast process including but not limited to consolidation of inputs from business units and summary reporting

Due Diligence of Upcoming Accounting Pronouncements:

Monitor new accounting pronouncements and evaluate the impacts to Capital Impact; including but not limited to preparing example journal entries, footnote schedules and/or disclosures and timing of impact.

Requirements:

Bachelor’s Degree in Business, Accounting or Finance
Minimum of 2 years of experience in an accounting position; within the financial services or nonprofit industries preferred. 1+ years in public accounting
Advanced user of Excel, Word, and PowerPoint. Hands on experience with Blackbaud is a plus
Proven fast learning capability
Excellent interpersonal and communication skills
Resourceful and demonstrates accountability; creative and assertive thinker
A clear understanding of a financial institution’s accounting department
Ability to foster trust, credibility, and cohesive teamwork
Keen, analytical, collaborative problem solver who thrives in a fast-paced working environment

Compensation:

$55,000 - $65,000

How to Apply:

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

Senior Staff Accountant Capital Impact Partners
Arlington, VA
Job Function: Accounting
Posted: October 7, 2019

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 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:

The Senior Staff Accountant will report to the Director, Accounting Services and will assist with reviewing a spending budget which will be submitted with the grant proposal. After a grant has been awarded, the Senior Staff Accountant’s role changes to accounting for these grant funds to ensure that they are spent according to the guidelines established in the respective agreements.

Capital Impact Partners also makes various types of investments. This position is responsible for all aspects of collecting data, analyzing, accounting, reporting and reconciling these investments.

Responsibilities:

Grant Accounting and Analysis:
Assist in reviewing grant agreements; specifically grant reporting requirements and revenue recognition treatment
Track and monitor grant initiatives to assure that funds are expended according to grant requirements.
Review invoices and expense reimbursement requests funded by grants
Serve as a resource for grant related inquiries regarding coding, time and attendance and overall spending capacity
Generate periodic grant reports for internal and external parties
Assist in the generation of annual single audit and address related audit questions

Investment Accounting and Analysis:
Analyze investments (short-term treasuries, mortgage-backed securities (MBS), and mission-related) activity
Prepare and record journal entries for cash and investment activity (ie. Innovative Investment Portfolio, MBS, Mission-related investments, Treasury Direct and National Housing Program)

Requirements:

Bachelor’s Degree in Business, Accounting or Finance
Certified Public Accountant (CPA) required
Minimum of 4 years of experience in an accounting position; within the financial services or nonprofit industries preferred
Previous experience working with Single Audit (A-133) including generation of the SEFA schedule
Keen, analytical, collaborative problem solver who thrives in a fast-paced working environment
Time management and organizational skills needed along with good communication skills
Resourceful and demonstrates accountability
Internal customer service mentality
A clear understanding of a financial institution’s accounting department
Ability to foster trust, credibility, and cohesive teamwork
Comfortable in a collaborative, consensus-based, rather than a culture of working in a “silo”

Compensation:

$70,000 - $85,000

How to Apply:

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

SENIOR DIRECTOR, STRATEGIC LENDING INITIATIVES Capital Impact Partners
Oakland, CA
Job Function: Lending/Loan Operations
Posted: October 7, 2019

Background:

Tenacity. Bravery. Creativity. Inclusivity. These core values serve as the foundation of the work that Capital Impact Partners (Capital Impact) does each and every day, putting money to work in creative ways to achieve powerful outcomes in communities nationwide.

Over the last 35 years, Capital Impact has deployed over $2.7B to serve 5M people and create more than 38,000 jobs in sectors critical to building equitable communities. This work is done in service to our mission of helping people build communities of opportunity that break barriers to success. With a team of almost 100 and headquartered in Arlington, VA, Capital Impact operates nationally, with local offices in Oakland, CA, New York, NY, and Detroit, MI. We are a non-profit mission-driven lender and Community Development Financial Institution (CDFI) that has supported the development of low-income underserved communities nationwide, delivering strategic financing, social innovation programs, and capacity building in five key sectors - health care, education, healthy foods, housing and aging. Capital Impact is also supporting the redevelopment of Detroit through multiple partnerships with banks and foundations.

Capital Impact’s mission is to deliver both capital and commitment to help people build communities of opportunity that break barriers to success. Capital Impact accomplishes this through a dynamic, agile approach that includes strategic lending, investments in social enterprises, and innovative program incubation primarily focused on four programmatic areas:
• Address Systemic Poverty: Effect systemic change at scale – from social systems to government programs – so that all people have paths out of poverty
• Create Equity: Support equitable access to quality services and economic opportunity regardless of race, ethnicity, gender, income or geography
• Build Healthy Communities: Foster connections and social supports that strengthen the links between health, education, housing and opportunity that help people and communities thrive together
• Promote Inclusive Growth: Build diverse, mixed-income communities that promote economic mobility and empower individuals to break the barriers to success.

Utilizing strong community partnerships and sound risk management practices, Capital Impact has consistently demonstrated its ability to deliver social impact and strong financial performance. Through this work, Capital Impact strives to address key social and economic justice issues as a means to create equity, build healthy communities, promote inclusive growth, and address systemic poverty. The organization is governed by a Board of Directors comprised of industry leaders representing a variety of sectors, including housing, education, health care and community development. For more information on our work, please visit our website and watch this video.

Capital Impact celebrates the diversity of our nation and community, and we seek to build a team that reflects that diversity. We welcome and encourage all qualified applicants who share that same vision, as we want to engage all those who can contribute to our work and this mission. We encourage individuals of all ethnic, racial, and socioeconomic backgrounds to apply for this position, and we do not discriminate on any basis prohibited by applicable law.

Position Summary:

The Senior Director, Strategic Lending Initiatives (SDSLI) will strengthen our Lending Team by identifying, pursuing, leading and implementing strategic lending initiatives to enhance the Lending Group’s work. The SDSLI will build Capital Impact’s leadership in the CDFI industry and impact investing fields by ensuring that we proactively pursue emerging opportunities that deepen Capital Impact’s impact in uprooting social and economic barriers facing low-income populations, building partnerships, pursuing thought leadership opportunities, and staying abreast of trends. The role builds upon a solid understanding of Capital Impact’s position, internal processes, strengths and a track record of the successful implementation of new lending initiatives.

In this role, you will:
Lead the design and development of new lending initiatives and loan products
• Drive opportunities for strategic lending growth while aligning resources to specific target markets and sectors through leadership of the development and implementation of strategic lending initiatives related to Capital Impact’s theory of change, including capital development program design, internal capacity building, stakeholder relationship management, etc.
• Lead and facilitate the development of lending products that respond to community needs while increasing Capital Impact’s brand presence and market for products in its defined geographies.
• Incorporate sector knowledge into those products through coordination of direct staff with subject-matter responsibilities and contractors for research.
• Be accountable to the Lending Initiative Steering Committee members as well as other internal staff as required.

Build and maintain a strong network of partners for strategic lending initiatives and increase Capital Impact’s visibility
• Working with key leadership staff, cultivate strong relationships with our existing network of partners and identify new partners with whom to collaborate (including state and local agencies, foundations, impact investors, banks, community organizations, thought leaders and others).
• Represent Capital Impact in public forums across markets and present a comprehensive view of Capital Impact and what we do.

Lead lending strategy planning process
• Coordinate the annual planning process, define priorities, tactical plans and deployment strategies for lending activities and all new lending initiatives.
• Develop strategies in conjunction with, and lead the Lending Team’s delivery of content to the internally-designated lead project manager for written applications submitted to secure funding for new lending initiatives, including state, local grant and subsidy funding, program-related investments, grant funding from foundations and other funding/financing partners that support activities within Capital Impact’s target markets and major federal funding sources through the CDFI Fund (e.g., FA, HFFI, NMTC, Bond Guarantee Program), federal Department of Education, etc. and review final applications to ensure consistency with lending strategy.

Design innovative lending solutions
• Identify opportunities to use funding solutions within and adjacent to core sectors and geographies, grounded in research on critical barriers to economic and social mobility facing low-income populations and created by changes in public policy, financial markets, demographics, or other factors.
• Work closely with internal sector and market experts and external partners to identity capital gaps and opportunities for Capital Impact to grow its lending activities.

Responsibilities:

-

Requirements:

Candidate profile and Qualifications
As the incoming Senior Director, Strategic Lending Initiatives, you will possess many, though perhaps not all, of the following characteristics and qualifications:
• A Bachelor’s degree in Finance, Business Administration, or a related field from an accredited University or equivalent experience is required; an advanced degree in business, policy, or a related field is preferred
• 12+ years of lending experience; strong preference for experience in the CDFI industry and/or real estate lending experience;
• Experience blending different sources of capital for a lending outcome is preferred
• Knowledge of community development finance (secured real estate) as a lender and the ability to identify emerging opportunities with strategic relevance to Capital Impact lending initiatives;
• Strong project management and relationship management skills; high level of competency to handle multiple projects and relationships and manage progress; very organized, detail-oriented and customer service oriented;
• Demonstrated success managing a small team, preferably in a matrixed environment
• Excellent communication, presentation and interpersonal skills; strong written and verbal communication skills; strong negotiation and research skills;
• Exemplary work ethic; experience working across different disciplines; ability to work both independently and within a team structure; problem solver; resourceful and team player;
• Proficiency with Social Media platforms, Microsoft Office (particularly Word, Excel and PowerPoint), Google Suite, Moody’s Lending Cloud and other related systems

Compensation:

Capital Impact offers a competitive salary and benefits, commensurate with experience and skills. Please visit our Careers page for more information about working at Capital Impact.

How to Apply:

Capital Impact has engaged Koya Leadership Partners to help in this hire. Please submit a compelling cover letter and resume, addressed to Diane Borradaile, here. All inquiries should be directed to Koya Leadership Partners.

ABOUT KOYA LEADERSHIP PARTNERS
Koya Leadership Partners is a national retained executive search and human capital consulting firm that works exclusively with mission-driven organizations, institutions of higher education and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information, visit www.koyapartners.com.

Vice President, Lending National Community Investment Fund
CHICAGO, IL
Job Function: Lending/Loan Operations
Posted: October 4, 2019

Background:

National Community Investment Fund (NCIF) is an impact investor and national nonprofit Community Development Financial Institution (CDFI) formed in 1996 with a mission to increase access to responsible financial products and services in underserved communities. Total assets under management at NCIF are around $200 million, including $180 million of New Markets Tax Credits (NMTC) allocations outstanding. To support our growth initiatives, we have launched a $35 million Credit Strategies Fund with new debt capital of $15 million. NCIF is the largest investor in CDFI & MDI banks with investments in 19 institutions nationwide. NCIF achieves its mission via 3 complementary business lines:

• Equity Investing in Mission Oriented Financial Institutions: We support depository institutions with equity, debt and deposit investments with more than $40 million invested in and lent to 50+ financial institutions since inception.
• New Markets Tax Credits: We have received $326 million in NMTC allocations and are deploying it into real estate, operating companies, health care facilities, schools, other nonprofit and for-profit impact-oriented businesses.
• Lending: With the launch of the Credit Strategies Fund, we will make/purchase loans in partnership with CDFI Banks and other mission-oriented partners to finance socially impactful commercial real estate projects that benefit underserved communities.

Impact measurement is the core foundation of NCIF’s Theory of Change and supports all of our business lines. We help investors and other stakeholders place equity, debt, deposits and grants to meet their programmatic and geographic focus areas. NCIF pioneered the use of Social Performance Metrics (see www.bankimpact.org and www.BankImpactmaps.org) and is developing a cloud based core data platform to support data analytics.

This is a full-time position located in Chicago, IL. For more information on National Community Investment Fund please visit www.ncif.org/.

Position Summary:

NCIF is looking for a Vice President, Lending to join its growing fund management team to build on its lending and investing efforts. The Vice President, Lending will be responsible for the following in conjunction with NCIF Team members:

• Originate, structure, underwrite, and close a pipeline of low-risk, high-impact commercial loans. Such loans may utilize NMTC or other government programs (for example, guaranteed by Small
Business Administration, Bureau of Indian Affairs, US Department of Agriculture) and/or in participation with NCIF Network partners.
• Deploy NCIF NMTC allocations in real estate and business operating loans (individually or via small business funds).
• Prepare credit memoranda, close and asset manage from inception to exit.
• Represent NCIF externally with potential and existing partners, as appropriate.
• Serve as a mentor to junior members of the NCIF team around both technical credit skills and more intangible partnership skills.
• Along with other members of the NCIF team, assist in raising private capital, preparing grant applications for the CDFI Fund NMTC and Financial Assistance programs or other grant programs, as
needed.

Responsibilities:

The Vice President, Lending will have a deep passion for improving the communities and people around them and a belief in the power of capital to catalyze change. The ideal candidate will also possess the following skills:

• Passion for community and economic development
• 10+ years total experience with 5+ in lending, credit risk management and/or investment banking (for example, public finance, debt capital markets, real estate finance); experience in a bank or a
nonbank CDFI will be a strong positive.
• Strong credit, structuring, underwriting and portfolio management skills.
• Experience with commercial real estate and commercial lending including loan participations and co-lending with other banks would be a strong positive.
• Experience structuring and closing complex financial deals with multiple funding sources and partners will be a positive.
• Knowledge of and experience with NMTC structures, structuring loans through government programs, public finance and other CDFI Fund programs (FA, Bond Guarantee, Capital Magnet Funds,
etc.) will be a plus.
• Self-starter with the ability to form strong working relationships both internally and externally by demonstrating transparency and honesty to build relationships and collaborate with NCIF Network
partners.
• Flexibility and an ability to think creatively about how to increase the impact of both NCIF and our partners.
• A growth mindset, an excitement about building the business and an entrepreneurial approach to the ways in which that growth might occur.
• Ability to represent NCIF externally as a relationship manager and inspire respect and trust.

Requirements:

• Passion for community and economic development
• 10+ years total experience with 5+ in lending, credit risk management and/or investment banking (for example, public finance, debt capital markets, real estate finance); experience in a bank or
a nonbank CDFI will be a strong positive.
• Strong credit, structuring, underwriting and portfolio management skills.
• Experience with commercial real estate and commercial lending including loan participations and co-lending with other banks would be a strong positive.
• Experience structuring and closing complex financial deals with multiple funding sources and partners will be a positive.
• Knowledge of and experience with NMTC structures, structuring loans through government programs, public finance and other CDFI Fund programs (FA, Bond Guarantee, Capital Magnet
Funds, etc.) will be a plus.
• Self-starter with the ability to form strong working relationships both internally and externally by demonstrating transparency and honesty to build relationships and collaborate with NCIF Network partners.
• Flexibility and an ability to think creatively about how to increase the impact of both NCIF and our partners.
• A growth mindset, an excitement about building the business and an entrepreneurial approach to the ways in which that growth might occur.
• Ability to represent NCIF externally as a relationship manager and inspire respect and trust.

Compensation:

Negotiable

How to Apply:

CONTACT

Erin Reedy and Alicia Salerno of Koya Leadership Partners have been exclusively retained for this search. To express your interest in this role, please submit your cover letter and resume materials here. All inquiries and discussions will be considered strictly confidential.

National Community Investment Fund believes deeply that diversity is an asset to, and of, the organization and strongly encourages applications from people of color, persons with disabilities, women, and LGBT applicants.

ABOUT KOYA LEADERSHIP PARTNERS

Koya Leadership Partners is a retained executive search and human capital consulting firm that partners exclusively with mission-driven clients, institutions of higher education and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our clients and ensuring they have the strategies to support them. For more information about Koya Leadership Partners, visit www.koyapartners.com.

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