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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. 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.

Program Officer, Lending & Affordable Housing Local Initiatives Support Corporation
Cincinnati , OH
Job Function: Underwriting
Posted: July 25, 2019

Background:

THE ORGANIZATION:
What We Do
With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.

Strategies We Pursue
Strengthen existing alliances while building new collaborations to increase our impact on the progress of people and places.
Develop leadership and the capacity of partners to advance our work together.
Equip talent in underinvested communities with the skills and credentials to compete successfully for quality income and wealth opportunities.
Invest in businesses, housing and other community infrastructure to catalyze economic, health, safety and educational mobility for individuals and communities.
Drive local, regional, and national policy and system changes that foster broadly shared prosperity and well-being.
Over the last 40 years, LISC and its affiliates have invested approximately $20 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment and other projects that help to revitalize and stabilize underinvested communities. These investments have leveraged more than $50 billion in development activity and helped families and communities raise their standards of living. LISC investments impact the lives of nearly 7 million Americans.
Headquartered in New York City, LISC’s reach spans the country from East coast to West coast in 32 markets with offices extending from Buffalo to San Francisco. Our rural programs make an impact in 44 states, and are supported by LISC’s talented and dedicated workforce. Visit us at www.lisc.org

To learn more about LISC Greater Cincinnati go to http://www.lisc.org/greater-cincinnati/

Position Summary:

LISC is seeking qualified candidates to fill the position of Program Officer. This position will support LISC’s housing lending and program initiatives and will report to LISC Greater Cincinnati’s Deputy Director. The Program Officer will work in concert with LISC National Lending and Legal department staff. The position will handle the full range of lending activities, including structuring, underwriting, and closing of loans.

Responsibilities:

Primary responsibilities will include the following:
• Analyze, understand and explain complex community development ecosystems.
• Build and maintain relationships with and among partners in the community development and affordable housing sector.
• Assist in the development and implementation of a county-wide housing strategy and associated priorities.
• Originate local lending pipeline focused on affordable housing development and preservation.
• Serve as underwriter for affordable housing lending activity, including working with borrowers to structure the transaction, conducting due diligence and financial analyses, and drafting credit memoranda.
• Provide technical assistance support to partners to position their organizations to successfully implement housing development activity.
• Perform other related duties as needed.

Requirements:

• Bachelor’s degree from an accredited college or university required; post-graduate degree is a plus. Economics, finance, real estate, urban planning backgrounds preferred.
• 3-5 years of experience in real estate lending, finance, community development or related field.
• Experience in underwriting, including ability to analyze financial statements, project development budgets, and project operating pro formas.
• Knowledge of financing products such as predevelopment, acquisition, construction, bridge and permanent loans; lines of credit; and tax credit equity.
• Excellent interpersonal skills and ability to work effectively across the LISC network of local and national programs and affiliates.
• Capacity to work simultaneously on multiple tasks and projects, set priorities for a challenging workload, and be a positive, solutions oriented professional.
• Strong written and oral communication skills and excellent attention to detail.

Compensation:

LISC offers an excellent compensation package. Position is located in Cincinnati, Ohio.

How to Apply:

To apply, please email a cover letter and resume to:
Kristen Baker
Deputy Director
LISC Greater Cincinnati
gcnk@lisc.org

LISC IS AN EQUAL OPPORTUNITY EMPLOYER
COMMITTED TO DIVERSITY AND INCLUSION

Manager, Finance CAHEC
Raleigh, NC
Job Function: Financial Services
Posted: July 23, 2019

Background:

Community Affordable Housing Equity Corporation (CAHEC) is currently seeking candidates for a Manager, Finance position. CAHEC is a non-profit tax-credit syndicator based in Raleigh, NC that fosters healthy neighborhoods by raising equity capital and investing in affordable rental housing and community revitalization. Our portfolio comprises 700 assets in eleven states. CAHEC Capital promotes sustainable housing opportunities by providing flexible and affordable loan products to affordable housing developments financed by CAHEC.

Position Summary:

The Manager, Finance oversees the day to day operations of CAHEC’s accounting and cash management functions supportive of a professional corporate culture and work environment that reinforces the mission, goals, and objectives of CAHEC. The position is responsible for maximizing the return on financial assets by establishing financial policies, procedures, internal controls, and reporting systems. The position ensures legal and regulatory compliance for all financial reporting functions. The position utilizes advanced knowledge in accounting principles and practices in order to prepare consolidated financial statements and projections, and oversee cash management, and risk management for the department. The position directly supervises the Finance & HR Specialist and Treasury Specialist positions.

Responsibilities:

• Manage the day to day operations of the Finance division which includes direct supervision of assigned department staff.
• Prepare corporate budgets and review monthly financial statements in order to assist with forecasting.
• Proactively develop, implement, and maintain accounting policies and procedures in accordance with Generally Accepted Accounting Principles (GAAP), industry trends, and best practices.
• Oversee all accounting functions of CAHEC and its affiliated entities which includes general ledger, accounts payable, accounts receivable, notes receivable, and fixed assets.
• Manage all financial transactions related to CAHEC loan programs which includes disbursements, interest and payoff calculations, and managing lines of credit.
• Serve as the team lead and manage on-going working relationship with independent auditors which includes oversight of the annual audit process, and preparation of consolidated financial statements and tax returns.
• Oversee all cash management functions of CAHEC and its affiliated entities.
• Make recommendations for maximizing investments in accordance with CAHEC’s Investment Policy Statement.
• Maintain relationships with financial advisors to maintain CAHEC financial investments per CAHEC’s Investment Policy Statement.

Requirements:

Education Requirement
• Bachelor’s degree in business, accounting, or finance; or an equivalent combination of education and comparable work experience.

Work Experience
• Minimum eight (8) years progressively responsible work experience in GAAP accounting.
• Minimum three (3) years progressively responsible work experience supervising and coaching direct reports.

Knowledge, Skills, and Abilities
• Proven ability to apply comprehensive knowledge of GAAP accounting and financing process and procedures while maintaining confidential information.
• Manage multiple, concurrent priorities such as performing cash management functions while maintaining productive working relationships and meeting department goals, objectives, and timetables.
• Demonstrate excellent interpersonal and communication skills (verbal and written), particularly for obtaining, organizing and accurately conveying information pertaining to fund and portfolio performance, and other tax credit matters to internal and external stakeholders.

Work Environment
• This position is based out of CAHEC’s corporate office in Raleigh, NC. Certain objectives require working on-site at various locations, such as industry conferences and events at properties in CAHEC’s investment portfolio, and some professional training opportunities may require travel.

Compensation:

CAHEC is an equal-opportunity employer that offers a competitive compensation and benefits package.

How to Apply:

For more information and how to apply, please visit www.cahec.com.

Asset Analyst New Markets Support Company
Chicago, IL
Job Function: Financial Services
Posted: July 23, 2019

Background:

New Markets Support Company delivers creative financing solutions to empower underserved communities across the country. We increase access to capital by tailoring our products and services to meet the needs of our clients and partners, recognizing that every community has unique strengths and needs, as does every investment we help make in partnership with our clients. NMSC partners with a wide breadth of community partners and financial institutions to better understand and address the multifaceted challenges faced by underserved communities, working together to build community assets that enable everyone to realize their full potential.

www.newmarkets.org

Position Summary:

The Asset Analyst will manage a diverse portfolio of loans made to high impact community development projects. They will be responsible for certain aspects of loan closings and will monitor construction progress and loan draws, analyze borrower financial performance, evaluate borrower community impact data and monitor compliance with industry regulations. They will also produce portfolio reports for committees and investors.

Responsibilities:

- Monitor portfolio projects from closing to exit on the performance and potential issues of all borrowers
- Responsible for assigned loan closing tasks that include collecting, reviewing and finalizing documents required from borrower  to close each loan
- Work closely with team members, outside counsel and borrower to ensure efficient loan closing process
- Review construction draw requests received from borrowers and third-party construction disbursement client and compare construction progress to initial budgets, schedules and disburse loan funds as necessary
- Establish and maintain relationships with borrowers, communicating with them to ensure reporting, covenants and New Markets Tax Credit (NMTC) requirements per loan documents are understood by appropriate borrower contacts
- Build rapport with and provide technical assistance to borrowers to ensure they will meet NMSC’s expectations and remain in compliance with NMTC program requirements
- Collect and review all required reporting from borrowers to ensure compliance with loan agreement and NMTC requirements.
- Monitor operations through financial analysis and periodic site visits for early identification of potential issues
- Risk rate projects and summarize performance as necessary for NMSC partners, clients and investors
- Monitor loan for payment and covenant defaults

Requirements:

- Bachelor’s degree in real estate finance, economics, business, accounting or related field. Experience in lending and/or business, real estate financial analysis is a plus but not required
- Keen attention to details and sharp analytical skills with a proven ability to readily recognize, investigate, interpret and communicate warning signs of potential problems
- Highly organized with the ability to work independently and manage multiple projects simultaneously                                                                              
- Strong analytical skills and proficiency in Microsoft Word, Excel and presentation software and ability to adapt to new technology is a must.  
- Strong interpersonal skills with the ability to work well in a dynamic team environment
- Self-motivated and driven with ability to commit to team goals

Compensation:

We offer a competitive salary, along with a comprehensive benefits package.

How to Apply:

Submit resume and cover letter with salary requirements via fax to (312) 360-0804, e-mail to rhall@nefinc.org, or mail to National Equity Fund, Human Resources Department, 10 South Riverside Plaza, Ste. 1700, Chicago, IL  60606.

NMSC IS AN EQUAL OPPORTUNITY EMPLOYER

Loan Officer, Health Care Community Development Lending Primary Care Development Corporation
New York, NY
Job Function: Lending/Loan Operations
Posted: July 19, 2019

Background:

Primary Care Development Corporation (PCDC): Catalyzing Excellence in Primary Care

Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) nonprofit organization and community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity. PCDC helps primary care practices improve delivery of care by providing affordable capital as well as a variety of training and technical assistance services. Since its founding in 1993, PCDC has assisted over 2,800 practices in 40 states and has leveraged more than $1.1 billion to improve care in low-income communities.

PCDC’s Capital Investment Practice invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve. PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental, and behavioral health services. PCDC provides strategic advice to help organizations that are planning facility development projects and offers a variety of affordable and flexible short-term and long-term loan solutions to support those capital projects as well as other business and service expansions. PCDC’s Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. To fund our loans, we raise impact-focused capital from government, banks, and foundations. We also partner with other community lenders and advocates who are also dedicated to catalyzing excellence in primary care to ensure we can meet all borrowers’ needs, regardless of project size.

PCDC’s Performance Improvement Practice (PI) partners with health care organizations, helping them understand their challenges, develop customized plans for change, define and achieve measurable outcomes and create lasting and sustainable impact for their organizations and those they serve. Areas of expertise include service integration, practice operations, capacity building, and population health management. PI’s team offers individualized coaching, facilitates learning collaboratives, provides consulting, leads quality improvement projects, develops curriculum and delivers training programs designed for our client’s needs. Our team works with health care organizations, including federally qualified health centers, hospital ambulatory care departments, private practices and care teams to implement strategies, processes and workflows to provide patient-centered care that is person-focused, continuous, comprehensive and coordinated. Our goal is to transform primary care organizations by building their capacity to integrate key services and activities so that they are better able to provide high quality care, thereby improving the health of their population, and reducing total cost of care.

Position Summary:

PCDC is seeking a full-time Loan Officer for its Capital Investment program. The Loan Officer is passionate about providing access to capital to build and strengthen a high quality, affordable, accessible primary care sector, which in turn supports healthy and thriving communities and health equity. The Loan Officer plays a central role in the growth and expansion of PCDC’s lending business, with primary responsibility for identifying investment opportunities, managing transaction due diligence, underwriting, and structuring financing products and portfolios in designated geographic markets of the U.S. In accordance with PCDC policies and guidelines, the Loan Officer works with borrowers through all stages of the financing process: assisting with applications, assessing the viability of borrowers and projects, conducting financial analyses, underwriting and structuring loans, preparing credit memos, presenting proposals to loan committees, and negotiating terms and documents for loan closing. The Loan Officer is responsible for marketing and sourcing business, and for relationship management of clients and partners. The position partners internally, working with the Capital Investment team to support the achievement of lending goals.

Responsibilities:

Business Development
- Support efforts to research, identify, develop, and secure new lending opportunities to achieve business goals. Cultivate and maintain strong relationships with current and future borrowers, partners and other market principals.
- Develop and apply knowledge of clients and local, regional and national markets to identify evolving trends, and risks, and opportunities
- Disseminate knowledge to inform Capital Investment practice and PCDC broadly, including working with staff across the organization. Support the process of bringing new products to market.

Underwriting
- Engage with clients to understand needs and develop financing solutions to meet those needs.
- Conduct due diligence and analysis, underwrite, structure, and negotiate financing requests for loan, bond, and NMTC transactions, and third party delegated underwriting within appropriate and relevant credit policy guidelines. Work with borrowers through all stages of the financing process.
- Prepare and present proposals to loan committees. Prepare commitment letters and coordinate the loan closing process, including the preparation of loan documentation, in accordance with committee approvals.
- Develop and maintain knowledge of markets, maintaining relationships with key stakeholders.
- Maintain a culture of quality customer service at all points of contact.

Additional duties as assigned

Reporting: The Loan Officer reports directly to the Chief Lending Officer. The position also works closely with the Chief Credit Officer, and partners internally with the Capital Investment team to support the achievement of team and enterprise goals and deliver high quality customer service to PCDC’s clients.

Requirements:

• Minimum of three years lending experience in community development and/or community facility financing, including underwriting and management of construction and permanent commercial loans, preferably with a CDFI or other community development lender
• Bachelor’s degree in Business or Finance
• Knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit management
• Knowledge of, or commitment to, the healthcare industry and primary healthcare
• Strong financial analysis skills, particularly with nonprofit accounting
• Strong oral and written communication skills
• Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in racially, ethnically and socioeconomically diverse environments
• Strong relationship builder with the ability to forge deep community relationships
• Experience in building, managing, and deepening client relationships
• Collegial, positive attitude - able to work well in a team environment
• High degree of self-motivation, creativity, and flexibility
• Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
• Strong time management skills are essential
• Ability and willingness to travel throughout the United States
• Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred

Compensation:

We offer a competitive salary and comprehensive benefits package.

How to Apply:

For immediate consideration, please email your cover letter, resume and salary requirements to: employment@pcdc.org with "Loan Officer, Capital Investment" in the subject line.

Portfolio Manager Housing Assistance Council
Washington, DC
Job Function: Lending/Loan Operations
Posted: July 16, 2019

Background:

The Housing Assistance Council (HAC) is a national nonprofit organization that seeks to strengthen communities across rural America through investment and assistance with affordable housing and community and economic development initiatives. Based in Washington, DC, HAC is actively involved in shaping federal policy and the affordable housing industry with its research, lending and conferences. We also deliver technical assistance, training and affordable loans at the local level to organizations that help rural communities prosper.

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.

Responsibilities:

• 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.
• Communications – Communicate orally and make presentations to HAC’s Loan Committee and/or Board of Directors related to asset management responsibilities.
• Other Duties – 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:

• 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., LIHTC, 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 position comes with a competitive salary, generous benefits and the opportunity to work in a fun and mission-focused environment.

How to Apply:

Please email a resume and brief cover letter with your salary requirements to jobs@ruralhome.org with “Portfolio Manager” in the subject line. Applications considered as received, with interviews starting in late July.

Housing Specialist Housing Assistance Council
Washington, DC
Job Function: Lending/Loan Operations
Posted: July 16, 2019

Background:

The Housing Assistance Council (HAC) is a national nonprofit organization that seeks to strengthen communities across rural America through investment and assistance with affordable housing and community and economic development initiatives. Based in Washington, DC, HAC is actively involved in shaping federal policy and the affordable housing industry with its research, lending and conferences. We also deliver technical assistance, training and affordable loans at the local level to organizations that help rural communities prosper.

Position Summary:

The Housing Specialist will contribute to all aspects of HAC’s mission through a combination of responsibilities and special projects involving place, people, and community-based strategies. With a primary focus on development and sustainability of capacity to improve the housing conditions for the rural poor, the Housing Specialist will be responsible for providing direct technical assistance, coaching and training to nonprofit organizations, government agencies and others pursuing affordable housing and community economic development opportunities through state and federal programs.
The position comes with a competitive salary, generous benefits and the opportunity to work in a fun and missionfocused environment.

Responsibilities:

The Housing Specialist will be primarily based in either the Southwest or Western states and work with local partner organizations to identify financial resources and funding opportunities to support the preservation and development of affordable housing and community and economic development strategies specifically throughout expanses of Southwest and/or Western rural America. Duties include:
 Work collaboratively with HAC’s national office and regional staff through a national program of assistance to rural America.  Provide housing and organizational development related technical assistance, training and information to nonprofit organizations, government entities, local communities and others to enhance their capacity to respond to their housing needs.  Provide input on development of training and materials on a variety of rural housing and organizational development topics.  Monitor housing needs and activities of specifically assigned communities and/or organizations.  Develop workplans to ensure the delivery technical assistance and training, and monitor progress in achieving stated goals.  Maintain contact with agencies, organizations, and state and local officials to provide and receive information on rural housing policy and program implementation.  Serve as a liaison between local communities and governmental agencies in efforts to secure funds and other assistance, including assisting in the development of applications for funding and interpreting the housing needs of local communities to governmental agencies.
 Assist with implementation of research and information activities and loan fund activities, as needed.  Plan and coordinate work with other HAC staff and external partners.

Requirements:

The Housing Specialist will have knowledge of applicable federal, state, and local laws, rules and regulations, particularly those related to planning, zoning, and land use, as well as demonstrated knowledge of HOME and CDBG programs and associated federal programs. In addition, s/he will possess:
Required:  Undergraduate degree in public administration, business, economics, political science, regional planning, sociology, or other related field or relevant work experience.  Four (4) years of relevant nonprofit or tribal organization work experience.  Demonstrated experience with federal programs such as HUD and USDA funding programs.  Strong working knowledge of Microsoft Office, including Word, Excel, Outlook, and PowerPoint.  Ability and willingness to travel and proximity to beneficiary organizations and or service region.
Preferred:  Advanced degree in public administration, business, economics, political science, regional planning, sociology, or specific education and or training in architecture or construction science.  Demonstrated experience with federal programs such as HUD and USDA funding programs, including those focused on Native Americans, Farmworkers and Colonias.  Project management experience specific to affordable housing.  Experience with LIHTC funding and Private Activity Bonds.  Experience with managing contracts, grant administration, and compliance monitoring.  Bilingual proficiency English/Spanish.  Located within 2 hours of a major airport.
Any equivalent combination of education, training, and experience, which would provide the required knowledge and skills, may be considered.

Compensation:

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

How to Apply:

Cover letters, to include salary history/requirements and resume should be directed to jobs@ruralhome.org. Please be sure to include “Housing Specialist” in the subject line. Submissions received without cover letters with the required salary information will not be considered.

Accounting & Loan Servicing Specialist Dakota Resources
Sioux Falls, SD
Job Function: Accounting
Posted: July 12, 2019

Background:

Hi, we’re Dakota Resources. We’re a nonprofit CDFI that supports a thriving rural. Our programs empower rural leaders by connecting them to capital, coaching and community. We’re a scrappy, remote team based in Renner, South Dakota that is here for South Dakota’s small towns. We’re almost 25 years into our mission, and we’re building an organization that can last many times longer. We believe in creating a work environment that helps our people do the best work of their lives AND still have a vibrant life outside of work. We are committed to recruiting top talent, so we offer great pay and flexibility, with some of the most generous benefits around.

We’re looking for the next member of our team. If this seems to be for you, we’d love to meet.

Position Summary:

You love spreadsheets and get a kick out of financial reports. People would describe you as “analytical” and “disciplined,” yet “adaptable.” You’re happy knocking out a checklist and don’t need anybody looking over your shoulder every day. You’re comfortable as part of a small, mission-driven, multi-tasking team. Plus, you believe the future is packed with possibility for small rural communities.

Responsibilities:

Accounting and Loan Servicing responsibilities:
Invoicing, accounts payable and checks/wire transfers;
Employee expense reports, credit card and bank statement reconciliations, Expensify management;
Manage review of bi-weekly payroll files;
Assist with loan documentation and annual borrower reviews;
Assist with completing financial and lending reports;
Manage monthly/annual memberships and MOUs;
Other accounting- and financial-related responsibilities in support of the mission.
Admin and Reporting responsibilities:
Manage lending impact data collection;
Assist with grant, donor, and investor reporting;
Manage internal communication, paperwork and renewals related to payroll and benefits;
Assist with onboarding and offboarding employees;
Other administrative and reporting responsibilities in support of the mission.

Requirements:

Important Skills and Experience:
Accounting experience;
Knowledge of and familiarity with GAAP;
Some familiarity with finance and loan servicing;
MS Excel skills; Word and Outlook familiarity;
Writing and verbal communication; and
Attention to detail and routine.
Important Values and Personality Strengths:
Analytical and disciplined, yet adaptive;
Ability to work independently and move projects forward;
Comfort working in a mostly remote team;
Professional and positive;
Humble and curious;
Bonus points if you also have:
Quickbooks skills;
Experience in the non-profit/NGO sector;
Experience in community development lending operations;
Experience working in a remote team;
Lived and/or worked in a rural community;
Experience working with Native American and/or Hispanic communities; and/or
A bachelor’s degree or higher.

Compensation:

Salary $50,000-65,000 depending on your experience, plus some of the most generous benefits around. Hey, did you know South Dakota has NO INCOME TAX?

How to Apply:

APPLY TODAY: dakotaresources.bamboohr.com/jobs/

Loan Administrator Corporation for Supportive Housing
New York, NY
Job Function: Lending/Loan Operations
Posted: July 12, 2019

Background:

Who we are:
For over 25 years CSH has been a game-changer for the most vulnerable people in our country
- Helping communities create 300,000 homes for individuals and families who did not have one;
- Bringing hope to thousands who thought they would live on the streets or reside in institutions; and
- Ensuring not only a stable home for each, but access to the services that brought healthcare, recovery and training to their doorsteps.

Not only has CSH proven supportive housing works and changes the lives of individuals, families and communities, we have done so while creating a family of nationally recognized experts who stay committed to our organization and mission throughout their careers. We attract talented professionals, offer competitive salaries with benefits, generous family leave and PTO, and fully embrace the philosophy that a sustainable work-life balance is desirable and achievable. With the aim of attracting good people who possess the confidence and drive to get the job done, CSH is now accepting applications for a Loan Administrator to work with our Finance team.

Position Summary:

Why we need you:
CSH is seeking an enthusiastic, results-oriented, equity focused Loan Administrator who has a passion for the CSH mission and the proven ability to work well both independently and within a multi-disciplinary team. Reporting directly to the Loan Portfolio Manager, the Loan Administrator will be responsible for developing analyses, and transactional and portfolio reporting while also performing the day-to-day activities related to closing loans. This position is located in CSH’s New York office.

Responsibilities:

What you will do:

Loan Administration and Closing
• Understand loan structure, loan documentation and effectively monitor the loan servicing portfolio.
• Create and maintain hard copy loan files
• Prepare for funding and onboarding new loans including renewals, extensions and restructures.
• Follow up with Borrowers and Community Investment on auto-extensions and extensions.
• Collect, review and analyze project updates.
• Complete and distribute Audit Confirmations related to the Loan Portfolio.
• Work with internal partners (lenders, legal team and finance staff) to proactively address compliance issues, address required modifications a loan or grants terms and conditions and resolve issues that arise during the course of loan administration and closings.

Reporting
• Assist with loan and portfolio reporting, including regular status reports.
• Prepare and ensure timely reporting to investors, the CDFI fund and other internal and external stakeholders.
• Support and collaborate with Fund Development, Community Investment Team, Executive Staff and other internal stakeholders on preparing and analyzing reports as needed.

Financial Analysis and Management
• Provide necessary schedules and information to maintain accuracy of information in the general ledger regarding above activities.
• Other duties or special projects as directed by the Loan Portfolio Manager.

Requirements:

How we work:
All CSH staff share a common competency framework. These guide our approach and in turn, help us create value. CSH staff are adaptable, entrepreneurial, creative, flexible, and problem solvers. We are strategic thinkers with a sense of humor, persistence, and a commitment to treating others with respect.
• 3-5 years of experience in loans or accounts receivable management and administration highly desirable.
• Bachelor’s degree in business or economics highly desirable.
• Analytical, with an ability to identify and resolve problems.
• Ability to capture, synthesize and present information in report form.
• Ability to meet the needs of internal and external customers by delivering high quality service.
• Experience with reporting utilizing multiple databases, statistics and experience using a range of quantitatively-based analytical methods.
• Experience incorporating the perspectives of multiple communities, including communities of color, in the consideration of impacts and outcomes of a decision-making process.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities is preferred.
• Proficient with spreadsheets, standard office automation applications and relational database structures.
• Familiarity with MS Dynamics or other complex accounting systems a plus
• Proficient with loan administration software platforms, preferably The Exceptional Assistant (TEA)
• Strong analytical, interpersonal, presentation and written and verbal communication skills with the ability to present to diverse audiences, specifically racially, ethnically and socially diverse communities.

Compensation:

Commensurate with Experience

How to Apply:

Interested in joining our team as a leader in the national supportive housing movement?
To Apply:
Candidates should apply by clicking on the link below. All candidates should attach their Resume, Cover Letter and Salary Expectations as one Microsoft Word or PDF document.
https://csh.csod.com/ats/careersite/jobdetails.aspx?site=1&c=csh&id=105&...

CSH is proud that it has been and always will be an Equal Opportunity Employer

Controller RSF Social Finance
SAN FRANCISCO, CA
Job Function: Accounting
Posted: July 11, 2019

Background:

At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through integrated financial and philanthropic services that generate positive social and environmental impact while fostering community and collaboration among participants.

With a 35 year track record of deploying loans, grants, and other catalytic capital to social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so, we identify and seek a particular set of skills and experience to meet specific organizational needs. At the same time, we seeking candidates who align with our mission and values.

Position Summary:

Position Summary:
RSF Social Finance is seeking a full time Controller. The Controller will report to the CFO and manages the operations of the Accounting Department for RSF and its related companies. This role has responsibility for ensuring that accurate and timely financial information is available to Management, the Board, and the external auditors and that information is prepared in accordance with legal requirements. The Controller is responsible for management of the accounting team where the number of direct reports will vary based on the needs of the organization.

Responsibilities:

Responsibilities:
Accounting

Ensure internal controls are adequate
Respond to inquiries by audit committee and external auditors
Support investments and cash management
Develop and monitor budgets
Supervise the accounting team operations to ensure the accurate and timely recording of and reporting of all financial transactions of RSF and its related companies, in compliance with all applicable regulatory and legal rules and regulations for nonprofits designated as IRS 501(c)(3) organizations.
Produce monthly information to ensure that the Board and team managers are informed about the financial performance of the organization.
Design and record the internal control systems related to accounting across the organization. Work with the external and internal auditors and other managers as required to review and test control processes.
Prepare the Operating budget for RSF departments and ensuring the budget is correctly recorded.
Support the management or cash-flow across the group companies and ensuring those operations are adequately funded and all liabilities can be met as they fall due.
Manage entry and payment of client quarterly standing instructions
Work with individuals throughout the organization to ensure that quarterly and annual reporting is prepared within agreed deadlines.
Provide input to ensure accounting systems and processes are designed and implemented as required for new RSF initiatives and providing advice as required to managers regarding accounting implications of their activities.
Work with Information Systems Team and CFO to ensure the ongoing development of the accounting systems and their reporting capability.
Support quarter end statement production process as required.
Perform additional duties as assigned by the CFO that are within the scope of currently assigned duties and the incumbent’s related work experience.

Requirements:

Knowledge, Skills, and Abilities

Certified Public Accountant
Minimum of ten years of accounting experience in a financial institution, with at least five years of supervisory experience.
History of progressive responsibility in financial management and analysis in a multiple entity environment
Experience in accounting and reporting methods appropriate to nonprofit organizations.
Cash/banking relationship management experience.
Thorough understanding of GAAP, be an effective problem-solver, and be able to communicate complex accounting issues in lay terms.
Strengths in detailed work requiring attention and diligence
Excellent written and verbal communication skills
Methodical, systematic and efficient approach to tasks
Loan accounting experience
Advanced Excel skills
NetSuite and/or Sage Intacct systems knowledge a plus
Basic understanding of Salesforce preferred
Experience with Accounting systems upgrades/changes

Compensation:

Compensation & Benefits:

The expected initial salary for this position is expected to be in the $140-180k range depending on experience. Other benefits include:

A fulfilling work environment at a supportive and entrepreneurially-driven organization
A competitive compensation package including employer-paid medical, dental, and vision insurance benefits
Very generous vacation and sick leave benefits plus nine paid holidays per year
403(b) plan with employer-paid contributions after one year of employment
Exposure to innovative ideas, projects, and collaborative staff activities
Access to numerous professional development opportunities

How to Apply:

Application Instructions:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience would make you successful in this role.

In the e-mail subject line, please write “Controller”.

Please note that applications without a cover letter will not be considered. No phone calls please.

Applications will be accepted on a rolling basis.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply.

Investor Relations Manager CDC Small Business Finance
Location Open, All
Job Function: Relationship Management
Posted: July 5, 2019

Background:

You’re at the front door of CDC Small Business Finance (CDC), a nonprofit with a passion for helping Main St. small businesses grow and create jobs. We offer a variety of low-interest financing that fit the needs of small businesses no matter where they are in the growth cycle. Start-ups to seasoned companies and every small business in between can benefit from our financing programs. Our experienced staff takes pride in making a difference with small business owners and is considered the best in the business. CDC Small Business Finance is a not-for-profit lender providing capital to small businesses so they can expand, grow and create jobs in California, Arizona and Nevada. In 40 years, CDC has helped create over 203,000 jobs by leveraging more than $18 billion in loans to over 11,000 small businesses. CDC has a powerful culture and a workplace made up of employees who look forward to coming to work and feel connected to each other through our shared mission of helping small businesses. CDC is seeking a candidate with a strong understanding of small business and commercial real estate financing markets; a professional who is also entrepreneurial, and has a client-minded focus, to join our team and take us to the next level of impact by managing our investor relationships. Check us out at www.cdcloans.com

Position Summary:

The primary responsibility is to lead, build and accelerate an integrated investor relations strategy for the firm.

Responsibilities:

Essential Functions/Responsibilities:
• Develop a robust investor relations strategy and framework
• Develop and maintain long-term relationships with all existing and prospective investors, as well as capital intermediary partners (e.g. investment banks, CDFI capital partners). The target investor
base will extend beyond CDC SBF’s historical investor base (e.g. CRA-motivated institutions and foundations) to also include mainstream investors, with a focus on the emerging class of market
investors looking for financial and social returns
• Manage the preparation of presentation and pitch materials for new investor pursuits, tailoring the narrative based on investor targets
• Quarterback the execution of capital transactions with investors, partnering across other departments (e.g. Lending, Finance, Operations, Sales) as necessary
• Analyze and prepare insights on capital market activity and trends, including implications to CDC Small Business Finance’s overall strategy, and present them to the leadership team

Requirements:

Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job:
• A Bachelor’s degree in business, finance, or accounting
• 10 or more years of relevant experience, ideally interacting directly with investors in a capital markets function
• Strong understanding of small business and commercial real estate financing markets
• A professional who is also entrepreneurial, and has a client-minded focus
• Enthusiasm for CDC Small Business Finance’s mission to support those who face the greatest obstacles in securing capital
• Must be able to perform in a high-pressure environment, and be able to meet tight deadlines
• Has superb written and verbal communication skills, as well as the ability to draft engaging and impactful messages for inspiring investors
• Bachelor’s Degree or 7-10 years of direct work experience in lieu of degree.
• Some travel required (25% of time).
• Proficient in Word, Excel, and PowerPoint

Compensation:

Compensation includes a base salary plus the opportunity to earn a bonus based on performance. Benefits include low cost health, dental, vision, life/disability and a 401(k) plan with 50% match and NO salary cap.

How to Apply:

Please send resumes to ehebert@cdcloans.com

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