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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. To edit or remove a posting please contact info@ofn.orgSubmissions will be reviewed and posted within 1 business day to ensure relevancy to the industry.

If you are looking for internships please visit our CDFI Industry Internship Bank.

Portfolio Manager Housing Assistance Council
Washington, DC
Job Function: Lending/Loan Operations
Posted: August 25, 2017

Background:

The Housing Assistance Council (HAC) has been helping local organizations build affordable homes in rural America since 1971. HAC assists in the development of both single- and multi-family homes and promotes homeownership for working low-income rural families through a self-help, "sweat equity" construction method by emphasizing local solutions, empowerment of people in poverty, reduced dependence, and self-help strategies. HAC offers services to public, nonprofit, and private organizations throughout the rural United States and maintains a special focus on high-need groups and regions, such as: Indian country, the Mississippi Delta, farmworkers, the Southwest border colonias, and Appalachia.

HAC is a nonprofit corporation located in Washington, DC with regional offices in Atlanta, Kansas City, Albuquerque, and Sacramento.

Position Summary:

The Portfolio Manager is responsible for the overall asset management and reporting for an assigned portfolio of loans made to entities engaged in affordable housing activities in rural communities throughout the United States. He/she performs a range of lending activities – closing, disbursement, monitoring, and servicing single- and multifamily housing development loans – in the Housing Assistance Council’s (HAC’s) Loan Fund Division

The Portfolio Manager reports directly to the Senior Portfolio Manager and works with the Loan Fund Director, other Portfolio Managers, Senior Loan Officer, Underwriters, and SHOP Program Manager to meet lending goals and objectives. He/she communicates with borrowers, third-party lenders, attorneys, title companies, other HAC divisions, and other external parties, as appropriate.

Responsibilities:

Asset Management

  • Loan Closing, Disbursements, and Payments – Prepare and review loan closing documents (e.g., loan agreement, promissory note, deed of trust) and disbursement packages. Provide instructions to closing agents/attorneys, borrowers, and third-party entities. Provide repayment and collateral release information, as requested, from borrowers and closing/title agents.
  • Loan Monitoring – Conduct ongoing asset management of an assigned portfolio of housing and other loans, including developing a relationship with each borrower and conducting regular loan monitoring reviews. Prepare portfolio reviews for each loan on a regular schedule to review overall asset quality, including performance against original underwriting expectations. Such reviews evaluate information including borrowers/sponsor financial statements, rent rolls, project status reports, and overall analysis of the credit condition of the borrower/sponsor.
  • Site visits – Conduct regular onsite reviews and prepare site visit reports for loans in his/her portfolio in accordance with HAC Loan Fund policies and procedures. Site visits require domestic travel and overnight stays.
  • Loan Extensions and Modifications – For loans where the borrower is seeking an extension or modification, work closely with the borrower to provide a preliminary assessment of the necessity and feasibility of such extension or modification, and communicate with the Senior Portfolio Manager and/or Loan Fund Director. Conduct an analysis of the credit and project feasibility and make recommendations as to the extension or modification of terms and conditions, if deemed appropriate.
  • Non-performing Loans – Provide support, as requested, to the Senior Portfolio Manager and/or Loan Fund Director in managing non-performing loans, including but not limited to conducting site inspections, appraisal reviews, and borrower or project financial analysis.
  • Customer Service – Maintain a positive and professional relationship with borrowers and partners (e.g., third-party lenders, attorneys and other external parties) by responding promptly to any and all requests in a responsive, consistent, accurate manner.
  • Policies and Procedures – Understand, comply with, create and recommend updates to the policies and procedures related to the portfolio management and lending functions.

Reporting

  • Report on the assigned portfolio, including and not limited to assessing asset quality, industry and market, asset allocation, loan loss reserves and non-performing loans.
  • Communicate orally and make presentations to HAC’s Loan Committee and/or Board of Directors related to asset management responsibilities.

Other

  • From time to time have an opportunity or be required to work on miscellaneous projects and initiatives related to either the lending functions or across the organization as needed.

Requirements:

Required

  • Undergraduate degree or two years related work experience in a financial lending or real estate development entity.
  • Experience with loan, legal, and collateral documentation.
  • Excellent organizational skills, strong attention to detail, and ability to prioritize and manage multiple tasks/projects and meet deadlines.
  • Excellent analytical and problem-solving skills.
  • Computer aptitude, including knowledge of Microsoft Office Suite programs and other database software.
  • Ability to effectively communicate, verbally and in writing, and to function professionally with all levels of HAC personnel, business partners, and constituents.
  • Willingness and ability to keep abreast of industry standards, challenges, and changes influencing lending activities.
  • Ability to protect and maintain confidentiality.
  • Willingness to occasionally work long hours including some weekends and evenings.

Preferred

  • Knowledge of and experience with the affordable housing development process, federal, state, and local housing programs, and public and private financing sources for single- and multifamily rural housing (e.g., HOME, CDBG, USDA Section 502).
  • Knowledge of and experience with standard principles and legal procedures related to real estate transactions, property transfers, and collateral; general understanding of financial transactions, financial statements, and audits.
  • Commitment to social justice issues and interest in rural, low-income housing.

Compensation:

The salary for this position is negotiable based on experience and qualifications.  HAC offers an excellent benefits package including health coverage, disability and life insurance, and 403(b) contributions.

How to Apply:

HAC is an equal opportunity provider and employer.  HAC does not discriminate in hiring or employment practices on the basis of race, color, ethnicity, gender, national origin, age, religion, sexual orientation, disability, marital or familial status, ancestry, or status as a veteran.  HAC is committed to maintaining a multicultural work environment.  Women and minorities are strongly encouraged to apply.

Please contact or submit resume, along with salary history and requirements to:
Yvonne Rivera, CSP (yrivera@nonprofithr.com
Director, Talent Acquisition
Nonprofit HR 
1400 Eye Street, NW, Suite 500
Washington, DC 20005
(202) 644-7422

Community Strategies Fellow Community Loan Fund of New Jersey Inc
New Brunswick 08901, NJ
Job Function: Research and Analytics
Posted: August 24, 2017

Background:

New Jersey Community Capital (NJCC) is a 28-year-old nonprofit community development financial institution (CDFI) certified by the U.S. Treasury Department. Each year, NJCC provides millions of dollars in capital and technical assistance to support the creation of vibrant communities across the state. These efforts create high-quality housing, early care, education, and employment opportunities for thousands of low-income people. In recent years, NJCC has also emerged as a leader in developing innovative strategies to address the foreclosure crisis and to rebuild New Jersey neighborhoods in the wake of Superstorm Sandy. For more information, visit www.newjerseycommunitycapital.org.

 

Position Summary:

NJCC seeks a highly-qualified individual to be part of our Community Strategies team to provide support for our neighborhood revitalization efforts as part of the East Trenton Collaborative in Trenton, NJ.

NJCC launched the Community Strategies program in 2013 with the goal of providing local governments and community groups with tools, research, and expertise to reclaim and repurpose vacant properties and revitalize local communities. Demand for these services has fueled program expansion and NJCC has developed a business plan for continued growth. The Community Strategies Fellow will report to the Neighborhood Revitalization Coordinator – directly supporting her work in East Trenton - and will also work with the Community Strategies Coordinator, supporting data analysis and departmental research as time permits.  This position is based at the East Trenton Center located at 601 North Clinton Ave, Trenton, NJ 08638.

By accepting this position, the Fellow will access opportunities to: (1) work alongside a highly experienced, nationally recognized team of community development and public policy experts, (2) develop a stronger understanding of the challenges facing urban communities around blight, crime, and problem properties, and best practices that are being implemented around the state and country, (3) help develop and implement on the ground approaches to impact the East Trenton neighborhood and the community development movement in general, and (4) hone communication, writing, research, and presentation skills. Along with gaining hands-on experience with a statewide nonprofit organization, the Fellow will develop the skills and networks necessary to succeed in a neighborhood-level revitalization effort and in the community development field more broadly. 

 

Responsibilities:

  • Outline, draft content for and update ETC’s website (www.east-trenton.org) to incorporate all ETC initiatives, provide program calendars, and help promote a unified message;
  • Work with ETC partners and residents to develop story ideas, draft blog posts and publish articles for internal and external communications;
  • Assist with the development of funding proposals and reporting;
  • Help develop implementable neighborhood revitalization strategies for partner organizations
  • Work to identify partnerships and resources necessary to accomplish goals
  • Work to evaluate and track progress towards meeting neighborhood goals
  • Coordination of data with other program partners and clients
  • Research issue areas and track the status of legislative initiatives, policy briefings, and events relating to East Trenton
  • Assist with the drafting of letters, reports, and memos summarizing ETC research and activities’
  • Occasional travel for off-site meetings and field work.

Requirements:

Candidates should have a demonstrated interest in the field of community development; an enthusiasm towards NJCC’s mission and vision; a passion for communities; and the ability to thrive in a highly collaborative environment. Preference will be given to candidates pursuing a graduate degree with a concentration in community development, urban planning, public policy, public health, or similar area. NJCC will also give preference to candidates based on the following qualifications:

  • Ability to coordinate communication between multiple partners, stakeholders, and community members, with excellent implementation and follow up skills;
  • Demonstrated interest in neighborhood-level interventions including program implementation and community engagement, including strategies aimed at increasing homeownership and building resident capacity;
  • Intermediate experience with Microsoft Excel;
  • Strong verbal and written communication skills
  • Ability to synthesize community issues research and proposed community actions into compelling articles and engagement pitches;
  • Ability to self-manage projects and prioritize responsibilities
  • Effective interpersonal and analytical skills
  • Experience working with websites
  • Experience working in a nonprofit setting, with a preference towards experience with diverse and low income populations.

Compensation:

Compensation is based on experience with a maximum hourly rate of $19.00. The fellowship requires a 15 to 25 hour commitment per week, though the work schedule can be negotiated based on a candidate’s availability. The position is based at the East Trenton Center – 601 North Clinton Avenue, Trenton – with occasional work at our New Brunswick office at 108 Church St, New Brunswick.  

How to Apply:

Interested candidates should apply to RDHR@njclf.com; Please place “Community Strategies Fellow – Name” in the subject line.

  • Attach a cover letter in PDF format with the following naming convention “Name_Cover Letter”
  • Attach your resume in PDF format with the following naming convention “Name_Resume”
  • Attach a short (1,000 word max) writing sample (preferably relating to an outreach or communications initiative you were involved in) in PDF format with the following naming convention “Name_Writing Sample”

 

Loan Documentation Specialist North Dallas Bank & Trust Co.
Dallas, TX
Job Function: Accounting
Posted: August 18, 2017

Background:

-

Position Summary:

  • Job ID 2017-1125
  • Job Locations US-TX-Dallas
  • # of Openings 1
  • Category Corp - Other

Overview

We have proudly served the North Texas community since 1961, growing steadily from modest beginnings to becoming one of this area's largest independent banks. If you aspire for a career with an organization that focuses on providing excellent service; returning a fair and reasonable profit to shareholders; providing an environment in which each employee can excel in a spirit of mutual respect, accountability, creativity, and teamwork; and to at all times act with dignity, honor, and fairness; we are the employer of choice for you

The Loan Documentation Specialist prepares and analyzes loan documentation and funding of loan packages for compliance with internal bank policies as well as state/federal laws and regulations. NDB Loan Documentation Specialists provide support to the lending staff.

Essential Duties and Responsibilities

  • Prepare Loan Estimate disclosures for consumer real estate loans according to the request forms submitted by the loan assistants for multiple banking centers.
  • Analyze loan worksheets and committee memorandums to determine proper approval and required loan documentation for all proposed loan requests.
  • Work closely with lending staff to resolve any compliance or credit policy issues.
  • Prepare all documentation accordingly in a timely, accurate and efficient manner and review for compliance with internal bank policies as well as state and federal laws and regulations.
  • Prepare commercial, consumer and real estate loan documentation, including letters of credit for multiple banking centers according to lender's worksheets and/or committee memorandums once proper approval has been obtained.
  • Contact title companies for their fees, including seller fees and prepare the initial Closing Disclosures on consumer real estate loans, evaluate the figures and information to verify data appears accurate and in compliance with regulations and utilize the TRID Tolerance Worksheet as needed to confirm if any tolerance cures are needed.
  • Prepare the final Closing Disclosures, working directly with the title companies as necessary to resolve all discrepancies and questions to ensure the accuracy of the disclosure. This may involve multiple revisions.
  • Review loan documentation for compliance with internal bank policy as well as multiple state and federal laws and regulations, including attorney prepared documents.
  • Prepare detailed checklists of required documentation for each loan request.
  • Analyze new and existing collateral for accuracy and discrepancies to insure proper lien perfection.
  • Verify and prepare GL entries to fund completed loan packages.
  • Upload new loans through the laser pro interface or manually input new and renewal loans to the core computer system.
  • Process and input overdraft lines of credit and letters of credit.
  • Set up collateral tracking for new and renewed loans for monitoring document expiration dates.
  • Prepare modifications and amortization schedules as requested by lenders.
  • Prepare the monthly renewal report and transmit the HMDA reporting file to the compliance department.
  • Cross-train co-workers and new Lending Assistants on documentation processes and procedures.
  • Assist with other duties in the department as requested by supervisor/manager.

Responsibilities:

Job Competencies:

  • Understand and live the mission statement and core values.
  • Adhere to Bank Policies and Procedures.
  • Verbal Communication - Speaks clearly and persuasively in positive and negative situations; Listens and gets clarification; Responds well to questions.
  • Written Communication - Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Able to read and interpret written information.
  • Teamwork - Balances team and individual responsibilities; Contributes to building a positive team spirit; Supports everyone's effort to succeed.
  • Diversity - Shows respect and sensitivity to cultural differences; Promotes a harassment-free environment; Supports diversity and inclusion efforts of the Bank.
  • Business Acumen - Understands business implications of decisions; Displays orientation to profitability; Upholds organizational values.
  • Safety and Security - Observes safety and security procedures; Reports potentially unsafe conditions; Uses equipment and materials properly.
  • Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.
  • Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments. • Attendance/Punctuality - Is consistently at work and on time; Ensures work responsibilities are covered when absent; Arrives at meetings and appointments on time; Takes responsibility to record and report absences on time.
  • Customer Service - Responds promptly to external and internal customer needs; Responds to requests for service and assistance; Meets commitments.

Requirements:

Qualifications

  • High school diploma or equivalent and three to four years experience in examining loan/collateral documents required; Bachelor's degree from four-year college preferred.
  • Working knowledge of commercial and consumer banking law, Uniform Commercial Code, Fair Credit Reporting Act, TILA/RESPA Integrated Disclosures (TRID) and various other federal and state regulations required.
  • Experience with Laser Pro Lending or other documentation software required.
  • Must be detail oriented- requiring high levels of concentration and accuracy; must have the ability to analyze complex loan requests and demonstrates effective problem solving skills; must have excellent organizational and time management skills, able to multi-task and set priorities.
  • Must have effective interpersonal and communication skills, verbal and written; negotiation skills; being flexible and diplomatic while following policies and procedures; sound judgment and decision making abilities based on analysis and experience; work with very minimal supervision in a proactive style; team player with the ability to train others and work effectively with all levels of bank staff; quick learner and adapts easily to changing circumstances.

Compensation:

DOE

How to Apply:

Apply Here.

PI99093988

Chief Operating Officer Pathfinder Services, Inc
Huntington, IN
Job Function: Administrative/Operations/IT
Posted: August 10, 2017

Background:

Pathfinder Services was founded in 1966 as the Huntington Association for Mentally Retarded Children to meet the needs of children and adults with enduring physical and intellectual disabilities in Huntington, Indiana. We have since grown into a $20 million dollar comprehensive human and community development organization offering services in education, employment, affordable housing, and community integration that enhance self-reliance and inclusion of people in the community where they live. What makes our organization unique is that we combine human services with community development planning to raise the quality of life of the community. We serve over 4000 people, primarily in Northeast Indiana, through the caring hands of more than 475 employees and over 200 volunteers.

Pathfinder’s mission is advanced through the following services:

  • Pathfinder HomeOwnership Center: Pathfinder HomeOwnership Center, the community development division, was created in 1997. Pathfinder HomeOwnership Center provides comprehensive services to prospective homebuyers including: homebuyer education and counseling, financial coaching, loan packaging and loan brokering. Pathfinder HomeOwnership Center focuses on developing Indiana residents into sustainable home owners
  • Pathfinder Community Supports: The supports began impacting the quality of clients’ lives in 1966. These services provide 300 residents in 5 counties in Indiana with group homes, supported independent living, community integration/day services including pre-vocational and activity based, respite care, family caregiver supports, personal assistance and care, client transportation, teen programs, and person-centered planning.
  • Pathfinder Kids Kampus including Early Head Start (EHS): Created in 1990, Kids Kampus provides an integrated early education and child development center for all children in Huntington County. The early education division engages in partnerships to provide support to families, and focuses on the whole child, serving 300 children in 2016 through EHS, licensed child care, before- and after-school care, pre-school including the On My Way Pre-K services, access to a licensed nurse for sick care and other medical needs of children, and family health education. Collaborative efforts and resources are shared with other community human services agencies throughout Huntington County.
  • Early Head Start (EHS): EHS is a federally funded program that provides family focused early intervention and free child care for 76 income eligible children, ages 0-3, in Huntington County at any given time. EHS welcomes all children, including those with disabilities. Working closely with First Steps, EHS identifies, assesses, and provides services to children of all ability levels.
  • Pathfinder Resource Connection: Resource Connection, the employment division, began in 1987 and specializes in assisting people with disabilities, and others, in finding and retaining employment. Specific assistance is provided to job seekers, and additional training, as needed, is provided once the individual is hired.
  • Pathfinder OutSource Manufacturing: Pathfinder OutSource Manufacturing partners with companies both regionally and nationally to provide specialty solutions. The department’s capabilities include skin packing, die cutting, bag sealing, vinyl heat sealing, riveting, paper cutting and folding subassembly, light manufacturing, and product fulfillment. For people with varying abilities, this service enables workforces to maximize their productivity through innovative fixtures, templates, machinery, proofing, skill development, and high standard quality control, meeting ISO standards. Commercial customers benefit from this through consistent quality products, just in time delivery, and cost savings.
  • Amramp: Pathfinder Services owns two Amramp franchise locations covering the lion’s share of Indiana. With a long history of building and installing wheelchair ramps, Amramp is providing accessibility products for people struggling with accessibility barriers. Amramp’s products help clients improve the quality of their lives, maintain their independence, and preserve their dignity while safely aging in place. A dedicated staff of caring individuals are experts in providing safe accessibility solutions. Amramp steel ramp systems help people get in and out of their homes for doctor appointments, weddings, graduations, holidays, vacations and other special events. The ramps can be rented or purchased. Headquartered in Huntington, IN, Pathfinder has an operating budget of $20 million and a staff of 475.

Position Summary:

The newly created position of Chief Operating Officer (COO) reports to the President/ Chief Executive Officer (CEO). In partnership with the CEO, s/he will foster a culture of premier customer service, communication, and collaboration by overseeing and managing the overall processes and personnel of the operational functions of the organization, which includes development and marketing functions. S/he will directly supervise 4 Divisional Managers, including the Senior Director of Community Supports, Senior Director of Business Development, Director of Home Ownership Center, and Director of Development. 

Responsibilities:

The COO is expected to:

  • Partner with the CEO in developing strategic, financial, and business plans
  • Execute initiatives of the organization’s strategic plan
  • Lead Pathfinder in establishing, implementing, and monitoring all strategies regarding the activities and outcomes of all departments under his/her purview
  • Work closely with the CEO to monitor the departments’ goal achievement
  • Continuously evaluate organizational performance through analyzing and interpreting external and internal business trends, data and metrics, and make recommendations to the CEO for business model changes
  • Utilizing knowledge gained from analyzing external industry and business trends, evaluate both community and customer needs and wants to determine new or expanding service and community initiatives for Pathfinder Services to undertake
  • Model and lead Pathfinder’s commitment to courteous, professional service to internal and external customers • Advance a situational leadership style with transformational leadership expertise
  • Streamline operations, and ensure that all team members are looking for ways to systematize the business to increase efficiency and business profitability
  • Provide servant leadership to senior leaders and their teams that encourages dedication, maximum performance, and retention of talented employees
  • Ensure the organization continues to meet all federal, state, and other agency requirements related to the delivery of services to the Pathfinder population
  • Ensure the organization meets all funding requirements, including federal, state, grant, or individual donor-restricted funding
  • Participate in community events and opportunities as requested to promote Pathfinder Services • Create and foster effective, lasting relationships with community and business partners/vendors

Requirements:

The successful candidate will possess:

  • The ability to inspire higher performance and engagement in fulfilled employees
  • Strong leadership with exceptional management skills, a team building approach and a willingness to create transformative change
  • Experience in and understanding of organizational development, and problem solving in a rapidly changing, complex environment
  • Demonstrated competency and experience in organizational management, culture, strategy, supervision and leadership
  • Emotional intelligence to maintain a culture of passionate service
  • Entrepreneurial expertise with an understanding of nonprofit and for-profit business
  • Business acumen and experience with administrative and fiscal management
  • Financial reporting capabilities which include interpreting financial statements, budgeting, and cash management
  • Experience in HR frameworks, financial management, marketing, and operations
  • Strong general IT infrastructure knowledge
  • Strong human capital management knowledge
  • Related compliance knowledge
  • Strong communication and public presentation skills
  • At least 5 years’ management experience in a comparable organization
  • 5 to 10 years of business management experience across a range of business disciplines, preferably in human service delivery to persons with disabilities and/or comprehensive community development
  • Bachelor’s Degree in a business-related discipline, MBA preferred

Compensation:

Salary will be commensurate with experience and includes a benefits package.

How to Apply:

To apply, e-mail resume, cover letter and salary requirements to:  Pathfinder@raffa.com  (e-mail applications are required). 

For other inquiries contact:

Taney Hamill, Senior Consultant 
Raffa PC, 1899 L Street, NW, 8th Floor 
Washington, DC 20036 
thamill@raffa.com

Pathfinder Services, Inc. is committed to equal employment opportunity. Resume reviews begin immediately.

Credit Analyst and Compliance Administrator Neighborhood Lending Partners
Tampa, FL
Job Function: Credit
Posted: August 10, 2017

Background:

Neighborhood Lending Partners (NLP) is a multi-bank lending consortium established in 1993 as a non-profit mortgage banking corporation, and was certified in 1997 as a CDFI. NLP serves the State of Florida, and has provided community lending programs for its member financial institutions benefiting low income communities and underserved populations for over 20 years. NLP operates as a lending consortium to facilitate private investment for community revitalization and neighborhood preservation.

Position Summary:

Provides ongoing credit risk monitoring by performing Annual Reviews to generate risk rating recommendations and Criticized Loan Asset Reports ("CLARS") on a quarterly basis to update project performance information. Prepares underwriting reports for local governments under the direction of the Senior Risk officer. Completes annual property and compliance inspections on properties in the portfolio. Oversees the accounting records of the NSP2 grant.

Responsibilities:

Credit Analysis

  • Prepares on-going Annual Reviews for Loan Committee, which involves the analysis of year-end financial statements in order to summarize the project's performance, determine debt service coverage ratios and make a risk rating recommendatio
  • Prepares quarterly Criticized Loan Asset Report ("CLARS") for Loan Committee, which involves the analysis of quarter-end financial statements on the higher risk loans in order to provide updated  information on the project's performance  
  • Prepares abbreviated form of underwriting reports for local governments on projects applying for an award of LIHTC from the FHFC, which involves the completion of a Sources and Uses, an Operating Proforma and a 3-page narrative summarizing the property, the borrower and the sources of financing
  • Prepares underwriting reports for local governments on projects seeking an award of CDBG, SHIP or HOME Rental from the local government, which involves completion of a Sources and uses, Operating Proforma and a 4-5 page narrative summarizing the aspects of the deal, including any third party reports provided  
  • Prepares extensions packages, as needed, on maturing loans in the portfolio 
  • Prepares an annual review of small business loan borrower's financial statements to determine trends in the business' profitability and liquidity position 

Compliance

  • Performs annual site visits to assess the physical condition of the property and compliance with regulatory agreements.  Involves reviewing rent rolls and/or program reports as well as individual tenant files to determine compliance with set asides (rent restrictions) and preparing 1-2 page written summary  
  • Performs site visits, as needed, on the business operations of our small business loan borrowers

NSP2 Grant

  • Maintains NSP database (and supporting documentation files) detailing eligible   activities as established in the NSP2 Grant Application
  • Reviews NSP2 consortium member's reimbursement requests
  • Prepares monthly entries into accounting software (ACCPAC) for NSP2 activity
  • Prepares monthly bank and G/L account reconciliations relating to NSP2 activities
  • Submits Quarterly Performance Report to HUD online
  • Conducts annual compliance visits to the NSP2 consortium members
  • Attends HUD webinars, as needed, relating to NSP2 activities

Requirements:

  • Four Year College Degree
  • 1–2 years of commercial banking or credit analysis or real estate lending experience
  • Excellent verbal and written communication skills
  • Excellent interpersonal skills
  • Must be detail-oriented
  • Proficiency in MS Word and Excel

Compensation:

Negotiable based on skills and experience.

How to Apply:

Please send resume' to Cheryl Henry-Renn at chenry@nlp-inc.com.

Director, Capital Markets Campaign NCRC
Washington, DC
Job Function: Relationship Management
Posted: August 9, 2017

Background:

The National Community Reinvestment was formed in 1990 by national, regional and local organizations to develop and harness the collective energies of community reinvestment organizations from across the county to increase the flow of private capital into traditionally underserved communities. NCRC has grown into an association of more than 600 community-based organizations that promote access to financial service sector products and services in order to create and sustain afordable housing, job development and vibrant communities for America's working families.

NCRC's vision is for a nation where all people, regardless of class or race, have the same opportunity to build wealth, be upwardly mobile, and realize their full potential. It is a vision of a more democratic society through the creation of a fairer and more equal economic and financial services system.

Position Summary:

The Director works with the President and CEO to manage the Capital Markets Collaborative Council (CMCC), a forum for discussion between Capital Markets Entities (CMEs) and Community Leaders of NCRC. The CMCC is designed to support an open but confidential dialogue that results in increased investments and ideas to serve low and moderate income (LMI) and minority, women and veteran-owned small businesses.

Responsibilities:

The Director will engage and manage NCRC's Capital Markets Campaign to build an effective collboration between NCRC and Capital Markets Entities (CMEs). The ultimate goal is to increase CMEs' delivery of capital to low and moderate-income neighborhoods, including minority, women, and veteran-owned businesses. Success will require a systemic understanding of current impediments to this kind of investment and a strategic approach to creating a win/win whereby CMEs are motivated to participate in this funding collaboration.

Requirements:

  • Bachelor's degree or higher (preferred) in Finance, Economics or related analytical field
  • 5+ years employment within a Capital Markets Entity
  • Experience in loan securitization structuring and sales
  • Familiarity with small and medium enterprise (SME) financings
  • Demonstrated experience in managing projects for CMEs
  • Capacity to interact successfully with senior CME professionals, which requires exemplary professional presence, poise, and credibility, as well as capacity to converse in their vernacular
  • Related techincal skills, including valuation and market analysis
  • Excellent writing, presentation and marketing skills
  • Research capacity, with focus on the factors that contribute to the success or failure of similar investments
  • Good knowledge of regulatory requirements related to CME investments
  • Demonstrated interest and commitment to assisting minorities, women, veterans or LMI populations (specialized knowledge related to one or more of these populations preferred)
  • Mastery of standard office computing software, including Microsoft Office suite, including Word, Power Point, Ecel, and Adobe suite
  • Comfort interacting in diverse environments
  • Passion for the mission of NCRC

COMPETENCIES

  • Ability to work both collaboratively and independently
  • Excellent analytical, project management and problem-solving skills
  • Political astuteness
  • Discretion/ability to maintain confidential information
  • Excellent computer skills including database management, Microsoft Office Suite and related software
  • Commitment to diversity and inclusion

Compensation:

SALARY COMMENSURATE WITH SKILLS AND EXPERIENCE.

How to Apply:

Apply at https://ncrc.applicantpro.com/jobs/620326.html. No phone calls. 

Director, Western Region Low Income Investment Fund
San Francisco, CA
Job Function: Business Development
Posted: August 3, 2017

Background:

Low Income Investment Fund is a non-profit community development financial institution, with headquarters in San Francisco and offices in Los Angeles, Washington DC and New York City. LIIF builds healthy communities by bridging the gap between private capital markets and low-income neighborhoods. LIIF is a steward for capital invested in affordable housing, childcare, job-training programs, education and other community initiatives.

Position Summary:

Working under the direction of the SVP, National Markets and Capital Solutions (SVP), the Director is the leader of LIIF’s activities in the Western Region (Market). The Director is accountable for positioning LIIF as a leader in the Market, particularly in the Bay Area, LIIF’s headquarters. The Director is also accountable for lending operating performance for the Market. This includes achieving expected financial outcomes for these operations as developed in LIIF’s strategic plan, annual work plans and budgets. The Director’s duties include:

  • Primary responsibility for creating and maintaining broad and deep relationships with developers of affordable housing, educational facilities and health care facilities and with other financial services providers; consultants; equity providers; local government agencies and public officials; technical assistance providers; and other stakeholders involved in Community Development work in the Market.
  • Assessing on an ongoing basis business development feasibility of designated geographic areas that may not currently have significant LIIF presence and/or would require development by the Director as new markets for LIIF. At present those areas include the Pacific Northwest and Colorado.
  • Ensuring efficient and productive lending operations for the region, which includes communication and cooperation with the Chief Credit Officer (CCO) and with the leadership of the asset management staff to ensure sound risk and asset management practices. In California, this also includes interacting with CA-based child care programs.
  • Support of the Executive Team, SVP and VP, Strategic Initiatives and Programs (VP Programs) as needed in the development and execution of new programs and initiatives as well as replicating successful initiatives across geographies.

Responsibilities:

REPORTING RELATIONSHIPS

The Director reports directly to the SVP. She/he has direct supervisory responsibility for Western Region lending staff. Current staff reporting to this position includes a Loan Officer, the Market lending activities of LIIF’s national charter school lending position, an Initiative Officer (LA THRIVES) and a part time administrative assistant supporting the Los Angeles office; the position also requires coordination of efforts and resources with Director, National Lending Initiatives, who has certain responsibilities in the Market. Additionally, on a project-by-project basis, the Director supervises Loan Officers based in other regions and Credit Associates - for transactions in the Market or for relationships managed by the Market - to provide underwriting assistance and guidance. Regular and complete communication with both the staff and SVP are essential.

ESSENTIAL FUNCTIONS

The Director is responsible for implementing the strategic direction and lending activities within the Market. The Director, in consultation with the SVP, develops and manages a market coverage plan for the Market.

Marketing and Business Development/Fundraising:

The Director, working with the loan officer team and supported by LIIF’s Strategy, Development and Public Affairs staff, leads business development efforts within the Market. The Director is responsible, directly and through the loan officer team, for developing and maintaining relationships with key community development stakeholders, including government officials, policy makers, customers, funders, and others. In some cases, the point person on these relationships may be the CEO, Chief Financial Officer, Chief Operating Officer (COO), or SVP, in which case the Director will coordinate with them and provide support as needed. The Director may also be responsible for fundraising for LIIF within the Market.

Business/Lending Management:

The Director is accountable for loan origination activities, including oversight of originating, structuring, underwriting and closing transactions. The Director is also responsible for the hiring and performance management of the direct report(s), as well as continuing staff development and training, all done in close coordination with Human Resources, the SVP and the COO.

Financial Accountability:

The Director is fully accountable for the operating results of LIIF’s lending program initiatives within the Market. This includes bottom line performance, lending net income, self-sufficiency, and volume goals, including New Markets Tax Credit goals; direct expense management; and goals for the Market contained in the SVP’s work plan and relevant goals within LIIFs strategic plan.

Program Management and Development:

The Director, in coordination with VP Programs, is directly responsible for managing assigned program activity in the Market and nationally (as applicable), with the exception of Child Care, with which the Director will closely coordinate efforts. The Director may also be asked to assist the Executive Team, SVP and VP Programs in the development and execution of new programs and initiatives. The Director may also be asked to replicate successful programs from other regions.

New Loan Product Development:

The Director, working with the SVP, CCO and COO, assists in the creation of new loan products and assists the lending staff in designing, testing and implementing new loan products. New product development is intended to provide additional services to the community development field and to innovate as the needs of the field change.

Credit and Risk Management:

The Director and SVP are required to work closely with the CCO and leadership of the asset management team to maintain portfolio quality and manage troubled assets within the Market.

Policy:

Working with the Director of Federal Policy and Government Affairs and the Executive Vice President of Strategy, Development and Public Affairs, the Director may provide direction, input, guidance and support on local, state and national legislative and policy initiatives relating to LIIF’s lending and program activities.

OTHER FUNCTIONS

  • Additional duties as assigned

Requirements:

SKILLS REQUIRED

The ideal candidate for this position will have these key qualifications:

  • Minimum of ten years of progressive experience in the community development and/or lending field
  • Prior experience managing staff
  • Strong marketing, organizing and time-management skills
  • Excellent skills in managing multiple tasks requiring strong attention to details
  • Self-motivation, dedication, and flexibility

EDUCATIONAL AND OTHER REQUIREMENTS

  • Educational background should include degree work in a relevant area of study such as real estate, urban planning, business administration or finance. An advanced degree in business administration, finance, real estate, community or economic development, is helpful, although does not replace the need for career experience in this position. In addition, the position requires a high degree of self-motivation, dedication, creativity, and perseverance; flexibility with time and willingness to accept a demanding (and personally satisfying) position. Excellent teamwork and strong time management skills are essential.

Compensation:

Expected: $150,000 to $165,000

How to Apply:

http://www.liifund.org/about-liif/careers/

Collector - Wholesale / Business-to-business Alliance HealthCare Services
Irvine, CA
Job Function: Financial Services
Posted: August 2, 2017

Background:

At Alliance HealthCare Services, our focus is on transforming the customer and patient experience. Vital to our success are the Corporate Team Members who collaborate with clinical, operational, and sales teams in the field. We focus on delivering improved processes, innovative new services, and business solutions that differentiate and advance our comprehensive clinical services—always with our patients' and customers' needs in mind.

Position Summary:

The Collector III drives collected cash that directly impact regional and corporate A/R aging buckets and adjustments to revenue, bad debt expense and DSO (Days Sales Outstanding) for 350-500 customer accounts. Responsible for contacting customers regarding past due balances, researching and resolving billing disputes inclusive of preparation of billing adjustments. Prepares and relays account information to regional management weekly, and on monthly bad debt conference calls. The Collector III is responsible informing the A/R Manager and/or Director, Wholesale Billing & Collections for accounts that are in need of escalation. The CollectorIII maintains and/or repairs customer relationships and communicates with internal customers on a regular basis.

 

Responsibilities:

  • Contacts customers with balances of approximately 15 or more days past due. Communicates via telephone, email, and fax. Documents in Great Plains the progress and results. Team Member is expected to contact approximately 50 + accounts per day.
  • Researches and resolves disputed balances, short paid balances, and open credit balances. This includes preparation of billing adjustments and refund requests.
  • Reviews aging reports on a weekly basis
  • Communicates account information to regional team members and Wholesale A/R Manager. This may include preparation of formal and informal reports
  • Assists other collectors with workload, as requested and as time permits.

Requirements:

  • High School Diploma or GED required; Associate's Degree or equivalent experience preferred.
  • 5+ years experience in collections, preferably commercial experience required.
  • Experience working in moderate to high volume (50+ daily contacts to past due customers).
  • Proficient in Microsoft Excel.
  • Excellent communication skills, both verbal and written.
  • Experience with Great Plains software systems.

A division of Alliance HealthCare Services (NASDAQ: AIQ), we are an equal opportunity employer and we believe in strength through diversity. All qualified applicants will receive consideration for employment without regard to, among other things, race, religion, color, national origin, sex, sexual orientation, gender identity & expression, status as a protected veteran, or disability.

*li-sp1

Compensation:

19-21/hr

How to Apply:

Apply Here: http://www.Click2apply.net/4shvjzyqtjkhbq7v

Regional Strategist Craft3
Walla Walla, WA
Job Function: Lending/Loan Operations
Posted: July 28, 2017

Background:

Craft3 is a non-profit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans and assistance to entrepreneurs, non-profits, individuals and others, including those who don’t normally have access to financing. We then complement these financial resources with our expertise, personal connections and other advocacy for our clients. Learn more at www.craft3.org and www.craft3.org/videos.

Position Summary:

The Regional Strategist (RS) position leads the execution of Craft3’s regional strategy for SE Washington and NE Oregon, with significant focus on the Walla Walla Valley.  The RS is responsible for building regional networks, raising the visibility of Craft3 products and services in the region, generating leads for new mission-based business and community loans, and finding and supporting the development of “catalytic” projects in which Craft3 can invest. The RS will work with Craft3’s Commercial Lending Team to source, underwrite and close 10 to 15 new loans, and $1.5 million annually across the region.  The primary focus of lending targets small and medium businesses (not micro) in the target region, specifically those owned by minority, woman, veteran, and immigrant entrepreneurs and those located in low to moderate income/redevelopment areas.  In addition the RS will support regional application of Craft3’s sector strategies in food and agriculture, clean energy and non-profit community facilities (real estate).

Responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES include some or all of the following and are not intended to be all-inclusive. Craft3 reserves the right to change, add or delete responsibilities and duties as seen fit. An employee's specific job duties, priorities and performance expectations are detailed in his/her individual performance plan.
 
Strategy Execution
  • Work with senior Craft3 staff to develop/amend, execute and evaluate a regional strategy for the SE Washington office, with particular focus on locating and investing in “catalytic” opportunities in the Walla Walla Valley. Strategy includes both place related and sector related tactics.
  • Identify and collaborate with leaders and emerging leaders who are working on innovative economic and community initiatives that align with Craft3’s regional strategy.
  • Develop and strengthen relationships with leadership of organizations that support diverse small businesses in low income communities. 
  • Develop and/or utilize local knowledge of the following sectors: food and agriculture, clean energy and community facilities.
  • Participate in local resource development and grant writing that supports strategy in local region.
Commercial Lending Support
  • Prospect for business and community loan opportunities from multiple sources for both catalytic investments and small business loans. Determine the level of complexity, mission and strategy fit, and prospect’s readiness to borrow. Meet prospective borrowers and collect information.  Work with Craft3 Commercial Lending staff to gather the full application and support the evaluation of loan requests with emphasis on evaluating character and management capacity of the application, and the negotiation of loan terms and conditions.  
  • Provide informal consulting to clients regarding business plans, projections and business practices. Refer customers to effective technical assistance providers who will help prospects with basic pre-application work such as business plan review and feedback.
  • Support monitoring outstanding borrowers for conformance with loan conditions, progress in meeting business goals, and overall business performance. Reports all emerging problem loans to management when weaknesses are detected.
Regional Visibility
  • Work with Craft3’s Brand and Communications team and Senior Management to coordinate strategy and elevate Craft3’s visibility in the region.
  • Present at and participate in community events that provide outreach opportunities, as well as understanding of situations that may affect those communities.  This will necessitate regular travel throughout the region.   
  • Contributes  to  the  body of knowledge,  sharing  best practices and suggesting  process improvement ideas.
Company Culture and Brand Management
  • Support the organization’s All Team Performance Standards:  Ownership, Respect and Flexibility.
  • Demonstrate stewardship for the Craft3 Brand.
  • Participates fully with all members of the Craft3 team. Effectively uses technology tools to perform required duties.
  • Participates in cross-department/cross-functional teams as assigned to develop outreach strategy teams around sectors. 

AUTHORITIES

Portfolio Management
  • Interact with a portfolio of clients and outstanding loans. This portfolio will include loan relationships initiated by the RS and also other relationships that are originated by other staff.
  • Represent Craft3 in community and regional events.
POSITION SCOPE - Direct Reports – None 
 
POSITION SCOPE – Financial Impact - Position is essential to ensuring loan compliance and payment performance on the part of all Craft3 borrowers.

Requirements:

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

TYPICAL PROBLEM SOLVING

Applies common sense understanding to carry out detailed and complicated written or oral instructions. Deals with problems involving many variables in sometimes difficult and stressful situations. Examples include: dealing with sometimes irate and impatient individuals, and managing many simultaneous high priority projects.

MINIMUM EDUCATION REQUIREMENTS AND WORK REQUIREMENTS

A Bachelor’s Degree, with a minimum of three years previous community development, community development lending, financial, or similar experiences required. Previous successful business ownership highly desired. 

OTHER SKILLS AND ABILITIES

Facilitate partner profiling, prepare and deliver custom corporate materials to our customers’ communities.  Fluency in a second language is desirable. Able to deal with frequent change, delays, or unexpected events; Attention to detail, ability to balance multiple work assignments; organized work habits; ability to work independently. Proficiency with major software programs:  e.g. Contact Management Systems, MS Office Suite.

CERTIFICATES, LICENSES, REGISTRATIONS

None specified

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually low to moderate as found in typical office environments.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to walk. The employee is occasionally required to stand and reach with hands and arms. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision. Some travel to company events and branch offices will be required.

A level of travel is to be expected with job responsibilities covering a geographic area that includes the States of Oregon and Washington.

Compensation:

Competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, and 403b Retirement savings plan with employer match. $65,000 - $95,000 annually.

How to Apply:

Application will remain open until filled.

To apply complete the application online at:  www.Craft3.org/Careers/Jobs 

Copy URL:  https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=93853&lang=en_US&source=CC2

Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.

1710 Experienced Commercial Credit Officer/Underwriter Self-Help
Durham, NC
Job Function: Lending/Loan Operations
Posted: July 28, 2017

Background:

Self-Help is a leading national community development financial institution (CDFI) headquartered in Durham, NC. Founded in 1980, Self-Help has provided over $7 billion in financing to 131,000 families, individuals and businesses underserved by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of homebuyers each year, as well as nonprofits, child care centers, community health facilities, public charter schools, and residential and commercial real estate projects. The Self-Help family of non-profit organizations includes North Carolina’s Self-Help Credit Union, Self-Help Federal Credit Union, Self-Help Ventures Fund and the Center for Responsible Lending, a national policy and advocacy organization addressing abusive lending practices. Through its credit union network, Self-Help serves over 129,000 people in North Carolina, California, Chicago and Florida and offers a full range of financial products and services. Learn more at www.self-help.org, www.self-helpfcu.org and www.responsiblelending.org.

Self-Help is committed to providing equal employment opportunities to all persons regardless of race, color, class, age, religion, disability that can be accommodated, marital status, ancestry, nationality, family status or sexual orientation.  We encourage all candidates with the necessary skills and experience to apply for this role.

Position Summary:

Do you like teamwork, collaboration and the art of the transaction while also making an impact in the community? Bring your leadership skills and experience to guide our Commercial Loan Officers to structure and underwrite commercial real estate, health food systems, charter school, alternative energy and other economic development related loans greater than $250,000.  Critical to this role is the ability to assess the risk of commercial loans and help loan officers structure credit proposals for your and credit committee approvals based on a complete analysis and the quality of the due diligence presented.

Responsibilities:

We are looking for a proven leader with a demonstrated set of strong quantitative skills and an ability to provide critical risk assessment with a system thinking approach to help guide our Commercial Loan Officers.   Solid interpersonal and written communications skills are key to success.

Requirements:

A four year college degree (or equivalent related experience) and 2 to 3 years of experience in lending, finance or community development required.

Compensation:

We offer a casual work environment, great location, a comprehensive benefits package and a matching 403b plan.

A unique mix of rich history, pioneering achievements, and diverse culture are what makes Durham the kind of place that is always engaging. The national accolades it's earned as a place to live, work, and play only prove what anyone who's been here has already experienced. In recent years the city of Durham has stepped up revitalization of its downtown and undergone an economic and cultural renaissance of sorts. Partnering with developers from around the world, the city continues to promote the redevelopment of many of its former tobacco districts, projects supplemented by the earlier construction of the Durham Performing Arts Center and new Durham Bulls Athletic Park. The American Tobacco Historic District, adjacent to both the athletic park and performing arts center, is one such project, having successfully lured a number of restaurants, entertainment venues, and office space geared toward hi-tech entrepreneurs, investors, and startups.

How to Apply:

To apply, please send your resume and a cover letter explaining why you are a good fit for the position to hiringmanager@self-help.org. Reference the job title in the subject line. 

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