Industry Job Bank

  • Make an impact and join the opportunity finance field.

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

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

To submit a job listing, please use our online form. To edit or remove a posting please contact info@ofn.org.

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

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VP Lending Impact Capital
Seattle, WA
Job Function: Lending/Loan Operations
Posted: April 25, 2017

Background:

Impact Capital is a CDFI founded in 2000. We have provided over $144.7m in Community Development Loans and leveraged $3.4 to create and preserve affordable housing, community facilities, and retail space that enhances the lives of low- and moderate-income peoples.

Position Summary:

This position is responsible for managing the lending team at Impact Capital. The lending program includes loans for pre-development, construction and other financing for real estate developments in Impact Capitals defined markets. The VP is responsible for all Lending activities and will oversee the Impact Capital loan portfolio. The VP will assist the President in the development of new program initiatives and will carry out other responsibilities as assigned by the President.

Responsibilities:

  • Identify and develop sound real estate deals to meet Impact Capital’s project investment targets; 
  • Supervising the underwriting of all loans;
  • Take primary responsibility for originating, underwriting, coordinating documentation, and monitoring more complex loans in the portfolio; 
  • Supervise lending Program Officers and program support staff; 
  • Serve as primary staff to the Board’s Loan & Investment Committee and the Portfolio Quality Committee. 
  • Develop new loan products and lending programs; 
  • Develop and maintain databases on the loan portfolio; 
  • Maintain relationships with other local community development lenders and intermediaries;   
  • Work with the President and or other IC team members to prepare collateral for investors that highlights new investment opportunities into the Impact Capital loan pools; 
  • Manage communication with the Accounting Department with respect to loan activity; 
  • Provide professional and timely customer service and technical assistance to customers; 
  • Work with the Management, Finance, and Compliance to insure compliance with funding covenants and conditions; 
  • Work collaboratively and in conjunction with the other IC Team members to prepare annual budgets, review financial performance, reporting portfolio performance to the President, develop internal policies and procedures and other fiscal responsibilities;
  • Work with the President to develop and monitor an annual market plan to grow the lending program.

 

Requirements:

  • A minimum of seven years’ experience in the field of community development, including significant responsibilities for real estate development. 
  • Demonstrated experience with equity investors that includes rental housing, homeownership development and community facilities development. 
  • A Degree, Masters preferred, in finance, business administration, urban planning, public administration or similar field preferred. (Additional relevant work experience may be substituted) 
  • A minimum of seven years of experience in credit analysis and the underwriting of commercial and or real estate loans. 
  • Minimum of seven years of leadership, management and or supervision of a team.

 

Compensation:

Based on experience

How to Apply:

Email a cover letter that including salary requirement and a current resume to HR@impactcapital.org.

Only candidates that include the cover letter, salary requirements and current resume will be considered for interviews.

 

Business Advising Intern; Pacific Community Ventures Small Business Advising Pacific Community Ventures
San Francisco, CA
Job Function: Intern/Work Study
Posted: April 25, 2017

Background:

Pacific Community Ventures envisions an economy that works for everyone. For almost two decades, our programs have helped people achieve the American Dream by creating quality jobs and stimulating investment in local economies.

Our approach is unique. Our Small Business Advising and Lending programs help local economies thrive by connecting entrepreneurs to the expertise and capital they need to grow their businesses. At the macro level, PCV InSight — our impact investing consulting practice — conducts research and evaluation so that investors and policymakers can more effectively deploy large pools of capital to underserved communities in ways that create social good. Our approaches are scalable and create systemic change — yet are implemented in ways that are relevant to particular local economies — a truly “think globally/act locally” philosophy.

Position Summary:

We are seeking an intern to join our team as part of our innovative small business advising program. This is a great opportunity for someone looking to build their tangible knowledge of small businesses, and engage with entrepreneurs, senior corporate executives, and critical stakeholders. This is a unique opportunity to work in the CDFI industry for a nonprofit supporting American business.

PCV’s BusinessAdvising.org small business accelerator continues to scale and add depth to its participant experience. We work with small business owners and volunteer advisors across America, and partners like The Super Bowl, Capital One, Charles Schwab, NerdWallet and more to deliver on our brand promise. We combine technology and high touch; leveraging our advanced matching algorithm and SaaS platform along with personal interactions to achieve our mission. 2016 was a record year in terms of growth and participant satisfaction, and we are looking to continue building on that success in 2017 and beyond. This is a part-time paid internship beginning June 2017.

Responsibilities:

Among the many things you’ll handle and learn:

  • Lead assigned onboarding calls for small businesses
  • Respond to participant surveys, flag surveys with additional action items
  • Groom workflow queues and ensure advising engagements are confirmed quickly
  • Assist in the matching process between advisors and entrepreneurs
  • Communicate directly with program participants
  • Source and upload entrepreneurial and small business content into our online resource library
  • Other duties as assigned

Requirements:

  • Master’s degree students preferred (not required)
  • Professional phone presence
  • Familiarity with business terminology
  • Outstanding time management
  • Professional email etiquette
  • Self-starter willing to take initiative, but also works well in a team
  • Good interpersonal skills and strong ability to multi-task
  • Interest in nonprofit management, community development, and/or social entrepreneurship
  • Spanish language a plus
  • Location/Travel

Compensation:

This is a paid internship. It’s part-time, up to 20 hours a week (hours and days can be flexible).

How to Apply:

Interested candidates should send a résumé and cover letter via e-mail to hr@pcvmail.org with the words “Business Advising Internship” in the subject line. No phone calls, please.

Intern – Data Collection Main Street Launch
Oakland, CA
Job Function: Intern/Work Study
Posted: April 21, 2017

Background:

Since 1979 we have empowered small business owners in the Bay Area, beginning in Oakland and expanding to serve San Francisco and veteran-owned businesses in California. Through our core services we help small businesses expand in size, increase their profits, and reach their goals. We are honored to work with successful, innovative, and community-oriented entrepreneurs. We believe in the power of entrepreneurship to transform lives and communities. In the last 10 years we closed 629 loans that totaled more than $45 million. Our borrowers have created thousands of new jobs in the Bay Area.  Our vision is to empower small business owners to succeed, transforming their lives and helping their communities thrive.

Position Summary:

Main Street Launch is a small business lender and business development organization seeking an Intern – Data Collection.  Reporting to the Assistant Vice President – Business and Economic Development, the role supports the organization’s mapping and economic development work.  This position will create a data base of commercial rent information throughout Oakland by analyzing commercial leases in our portfolio of borrowers.  Main Street Launch is a Community Development Financial Institution (CDFI) based in Oakland, CA that has provided business advisory services and loan capital in the Bay Area for 38 years.

BENEFITS

This is an excellent opportunity for a motivated recent graduate with strong analytical and research skills who wants to learn how Community Development Financial Institutions work by participating in key initiatives of a rapidly growing organization. 

  • Learn and apply skills to work in the field of nonprofits and small business finance, with an innovative and established CDFI that is empowering entrepreneurs. 
  • Learn and apply skills in data collection and analysis, including some work with ArcGIS.
  • Gain valuable knowledge about small business lending and business support services, and will be instrumental in furthering the mission of Main Street Launch.
  • Build organizational capacity by contributing to systems that allow us to share impact information with funders and the public.

KNOWLEDGE, SKILLS, AND ABILITIES

  • Software proficiency including Microsoft Word, PowerPoint, and Excel.
  • Adept at learning to use new software; very comfortable with technology. 
  • Excellent verbal and written communication skills. 
  • Superb attention to detail. 
  • Strong time management ability.  
  • Self-starter who can work with minimal supervision and be comfortable in an evolving nonprofit environment. 
  • Comfortable meeting deadlines in a fast-paced setting.
  • Experience using Salesforce (an online CRM system) is a plus. 

ENVIRONMENTAL CONDITIONS

The work environment characteristics and physical effort 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. 

Typically works in an office with adequate lighting and ventilation and normal range of temperature and noise level. Work assignments are diversified and may cause stress in meeting tight deadlines with scheduling requirements. The physical requirements of the job are for employees to talk, hear, bend/stoop, sitting, standing, and/or walking for up to 8 hours per day. Furthermore, the job requires employees to lift/carry/push or pull up to 15 pounds with or without assistance.

ABOUT US

Since 1979 we have empowered small business owners in the Bay Area, beginning in Oakland and expanding to serve San Francisco and veteran-owned businesses in California. Through our core services we help small businesses expand in size, increase their profits, and reach their goals. We are honored to work with successful, innovative, and community-oriented entrepreneurs. We believe in the power of entrepreneurship to transform lives and communities. In the last 10 years we closed 629 loans that totaled more than $45 million. Our borrowers have created thousands of new jobs in the Bay Area.  Our vision is to empower small business owners to succeed, transforming their lives and helping their communities thrive.

MAIN STREET LAUNCH SUPPORT

Main Street Launch will endeavor to provide the intern with outside opportunities as they arise to learn more about the organization and industry, including networking and meeting with other organizations in the field.

DURATION AND TIMING

This position will be structured as a full-time, paid three month fellowship.  Compensation will be between $7,350 and $8,200 for 12 weeks, depending on experience.  The internship may be extended up to three additional months by mutual agreement, if additional work is available.  Ideally, this role will begin sometime mid-June to early July 2017.

LOCATION AND HOURS

Monday-Friday, 9 AM to 5:30 PM, at Main Street Launch’s office in Downtown Oakland.

Responsibilities:

Responsible for supporting the organization’s economic development work and creating a data-driven approach to economic development.  Other projects related to our marketing and economic development efforts may arise during the internship period.

Commercial Leases

  • Develop a methodology for tracking commercial lease information either in Excel or Salesforce
  • Read commercial leases in our portfolio of clients to determine rent amount, lease terms, square footage
  • Organize data to prepare for mapping in ArcGIS (with help of AVP, Economic & Business Development)
  • Analyze data for patterns and trends, using 3rd party public data sources to enhance commercial rent data
  • Present research findings to a selected staff team for feedback.

Initial Recommendations Presentation

  • Goal: to identify patterns and potential trends in commercial rent across Oakland.
  • Provide recommendations for strategic uses of this data.
  • Identify possible opportunities to collect future commercial rent data

Final Deliverable

  • Final deliverable will include daily, weekly, and monthly tasks to reach specified goals.  Metrics to evaluate performance will also be specified.
  • Final deliverable will include a presentation to staff with recommendations on how business owners can be supported

Requirements:

  • Passion for economic development and empowering entrepreneurs, required.
  • Undergraduate, Graduate or recent graduate student with demonstrated research and analysis skills or equivalent experience. 
  • Dedicated to supporting low-wealth communities and a desire to work in a diverse organization that strongly values collaboration
  • Experience working with a variety of stakeholders and diverse groups (experience working with clients or program recipients is a plus).
  • Experience in any of the following is a plus: data collection, salesforce, commercial real estate and/or program evaluation (relevant student experiences may satisfy this requirement). 

Compensation:

DOE

How to Apply:

Qualified candidates must submit a resume and cover letter highlighting their relevant experience to careers@mainstreetlaunch.org with “Intern – Data Collection” in the email subject line.

Main Street Launch will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Director of Finance University Settlement
New York, NY
Job Function: Finance
Posted: April 21, 2017

Background:

University Settlement Society of New York provides a comprehensive network of services to over 30,000 people of all ages living in the Lower East Side.  Its broad network of activities includes adult literacy classes, mental health counseling and intensive case management; group and family day care; support services to the formerly homeless; after-school and summer camp for children and teens; a senior center and a credit union.  

The Door, a partner organization to University Settlement, helps nearly 10,000 young people each year by empowering them to reach their potential by providing comprehensive youth development services in a diverse and caring environment. A major initiative within The Door, Broome Street Academy is a unique charter high school that prepares New York City’s most vulnerable youth for a successful future through rigorous academics paired with supports of The Door. 

To learn more about University Settlement and The Door, please visit: www.universitysettlement.org.

Position Summary:

We are seeking a Director of Finance who will work closely with the Chief Financial Officer to monitor and maintain fiscal accountability and financial stability of our organizations. The ideal candidate will bring nonprofit accounting expertise, particularly in the area of government grants and contracts, and the ability to seamlessly manage various priorities and tasks simultaneously in a complex, multi-program environment. The Director of Finance will train, supervise and mentor staff as well as communicate and collaborate with a variety of stakeholders including Board Members, funders, program directors and other staff.

Reporting directly to the Chief Financial Officer, the Director of Finance will lead day-to-day operations and staff management for the Finance department. This is an exciting opportunity for an experienced nonprofit accounting professional to join a mission-driven organization that is dedicated to serving and strengthening families throughout New York City.

Responsibilities:

  • Day-to-day management of the accounting and finance functions across University Settlement, The Door and Broome Street Academy
  • Train, supervise and mentor staff members, ensuring each staff member receives adequate support and is consistently on track to meet the goals of his/her position
  • Optimize efficiencies within the finance and accounting functions through the creation of new tools, processes and infrastructure
  • Maintain fiscal accountability and compliance with Federal circulars, GAAP and private and public donor requirements
  • Oversee updates to fiscal policies and procedures to ensure compliance with best practices and maintenance of internal controls in order to minimize financial risk
  • Oversee monthly and annual closing process including accounts payable, agency credit cards, recurring journal entries, bank reconciliations and analysis of general ledger accounts
  • Financial management of federal, state and city contracts, including communication with funding sources
  • Review and prepare monthly, quarterly, semi-annual and annual claims and other reports (including CFR, ACHF Cost Report) to specified government and private funding sources, ensuring timeliness and accuracy of reporting and ensuring compliance with funder requirements
  • Maintain written cost allocation methodology in compliance with Federal guidelines, funding sources and internal agency policies
  • Analyze reimbursements from government agencies, investigate and resolve any disallowances
  • Prepare program close outs as required by funding sources
  • Work closely with program directors to prepare new budgets and budget modifications to ensure maximum utilization of funding; Oversee the review of monthly expenditures with program directors, including detailed analysis of actual expenses to date and detailed projections of expenditures through the end of contract and fiscal years
  • Present on actual and projected expenditures to Board Members on a quarterly basis and answer questions that arise
  • Oversee the completion of audit paperwork, answer questions from auditors and facilitate audit process; Prepare financial statements in accordance with GAAP, present audit results to the Finance Committee and the full Board of Directors
  • Oversee the completion of IRS Form 1099s for independent contractors, ensuring compliance with IRS guidelines
  • Implement and maximize use of new accounting system; Assume role of resident power user for internal users and liaison with external consultants
  • Collaborate with development department to compile required documents for new proposals and reports to existing funders
  • Attend workshops and seminars to enhance relevant knowledge (i.e. accounting and nonprofit updates, government rules and regulations, accounting software, etc.)

 

Requirements:

  • Bachelor’s degree Accounting, Finance, or closely related field of study; CPA is preferred but not required
  • Minimum of 8 years of progressive accounting experience, including staff supervision; at least 3 years in nonprofit accounting is strongly preferred
  • Strong technical financial accounting knowledge (GAAP)
  • Extensive experience in budgeting, forecasting, grant accounting and reporting, preferably in a multi-program nonprofit environment
  • Experienced staff manager with proven success directing the efforts of team members who hold management-level roles; capable of identifying and addressing team members’ areas for growth, while also attracting, retaining, supporting, and developing talented individuals
  • Strong project management and organizational skills, with the ability to multi-task and seamlessly manage various priorities and tasks simultaneously in a growing, dynamic, fast-paced environment 
  • Incredibly high attention to detail, a results-based orientation, and strong problem-solving and follow-through skills
  • Excellent verbal and written communication skills and demonstrated ability to collaborate internally and externally to achieve goals
  • Flexibility and willingness to adjust work schedule as necessary 
  • Strong knowledge of accounting software programs (Intaact preferred) 
  • Unquestionable integrity, credibility and character with demonstrated high moral and ethical behavior

 

Compensation:

  • University Settlement offers a competitive salary and benefits, commensurate with experience and skills.
  • University Settlement is an equal opportunity employer.

 

How to Apply:

Please upload a resume and thoughtful cover letter, outlining how your skills and experience meet the qualifications of the position and stating how you heard about this opportunity, both in Word format, addressed to Irma Gonzalez here.  

Applications will be reviewed on a rolling basis.

About Commongood Careers

University Settlement has partnered with Commongood Careers to conduct the search for a Director of Finance. Commongood Careers is a mission-driven search firm that supports the hiring needs of high-impact nonprofits. With an approach that leverages robust talent networks, recruitment and search management expertise, and a deep understanding of our clients’ mission and culture, we help organizations secure the talent they need to create greater social impact. Since our founding in 2005, Commongood Careers has led more than 800 searches at 275 organizations in 33 states, making us one of the most experienced and dedicated nonprofit search firms in the country. Learn more about nonprofit job opportunities at Commongood Careers

Senior Data Analyst IFF
Chicago, IL
Job Function: Lending/Loan Operations
Posted: April 20, 2017

Background:

IFF improves the world by strengthening nonprofits and the communities they serve. As a mission-driven lender, real estate consultant, and developer, IFF helps communities thrive by creating opportunities for low-income communities and persons with disabilities. Key to our success has been a deep sense of purpose, a broad perspective, and a relentless focus on achieving positive results. Across the Midwest, we help clients from every sector, including human service agencies, health centers, schools, affordable housing developers, and grocery stores. 

Staff contributes its extensive business experience with an unrivaled connection to the mission of IFF and the nonprofit clients it serves.  IFF is looking for candidates with a commitment to the work it does and can demonstrate their creativity, detail-orientation, diligence, efficiency, enthusiasm, flexibility, organization, thoughtfulness, and sense of humor.

Position Summary:

Tapping into a passion for improving the world by strengthening nonprofits, “Do Good Data”, the Senior Data Analyst will provides actionable insights and direction by analyzing the financial and impact data of the Capital Solutions department. The Senior Data Analyst will use in-house and external Big Data analytics to inform, guide and influence decision-makers. This includes the following day-to-day activities: Manages and develops database information and prepares quantitative reports on all aspects of the Loan program; Gathers, extracts, manipulates, analyzes and models data using analytical and statistical tools in order to inform line of business decision making; Ensures data accuracy and creates reports.

Responsibilities:

Job Duties and Responsibilities: 

  • Works with a cross-organizational data team to provide analytic support and actionable insights to guide and inform investments and strategic plans.
    • Collaboratively works with team to establish metrics, analytic frameworks and data reporting tools that support IFF as a learning organization, in having a transformational impact on low-income and disabled communities. 
    • Present findings and contribute visual and written materials to reports, publications and proposals. Create data visualizations in Tableau to support strategic and analytical thinking vis-à-vis identifying patterns and trends in data. 
  • Manage IFF’s loan databases to wrangle large, complex datasets to easily query-able summaries. Provide reports and ensure accurate and comprehensive information on all aspects of the loan program is readily available within IFF and can be used to inform key decision making.  
    • Manages and maintains loan and borrower data in database systems (CRM, LoanWare and other department databases).
    • Develops suite of queries and reports providing timely, accurate data to help achieve production, fundraising, compliance, credit quality and impact goals.
    • Provides Department and other internal stakeholders with reports and analysis to efficiently manage pipelines, origination, productivity, cash flow and funding allocations, and to monitor borrower compliance and understand and report on portfolio performance and trends.
    • Develops and completes loan portfolio and pipeline reports for investors and other external parties and supports various internal IFF departments including Research and Evaluation, Finance, Resource Development and CCPA with loan related reporting, analyses, and impact data.
    • Works with IT and other Data and Research staff to modify or develop system modifications and the reports needed to support the Capital Solutions business.
    • Develop and maintain system audits to ensure data integrity and accuracy.
    • As Subject Matter Expert on SQL, CRM and Excel, provides information and training on systems to Capital Solutions department staff. Develop and maintain training materials and/or quick reference guides for team members.
    • Produce special reports related to Capital Solutions as needed.
  • Responsible for developing and implementing funding, monitoring, and compliance reports and processes and well as working with lending staff to identify opportunities to understand and use data to inform decisions, prioritization, and investments.
    • Performs analysis and data reporting that drive insights for the lending term using various models.
    • Leverages data visualization for data analysis, and presents findings to key staff members as needed.
    • Assists in the development and implementation of new lending and/or outreach initiatives and programs.
  • Performs other duties as assigned.
  • Maintains required job knowledge and skills and core professional competencies.  Attends and participates in required educational programs and staff meetings.

Performance Measures: 

  • Data analytics consistently high-quality. Analyses, visualizations, tools, reports and oral presentations are complete, accurate, comprehensive and clear. Appropriate supporting material and visual aids are well-utilized and enhance oral and written presentation. Written and oral presentations are well-organized, persuasive and communicate actionable insight(s). Projects are completed on-time.
  • Relationship-management and communication with colleagues is client-centered. It is focused on informing and guiding high-impact and actionable outcomes. Clear and consistent communication with colleagues on progress of project. High level of colleague satisfaction with respect to services and analytics provided; and reports, tools and visualizations produced. Provides accurate, efficient, user friendly data to Capital Solutions, Finance, Resource Development, CCPA and other IFF staff.
  • Achievement of lending and program goals.  
  • Recommends and implements solutions to identified issues and opportunities using data. Consistent focus on high-impact, actionable research. Innovates to support IFF as learning organizations.

Requirements:

Educatio

  • Bachelor’s Degree required. Advanced Degree in analytics, predictive analytics, computer science, machine learning or related field and experience preferred.

Previous Experience

  • Five years data management analysis or reporting work experience, preferably in finance, banking, nonprofit or community development.  Demonstrated competence in financial analysis.

Special Knowledge & Skills

  • Advanced knowledge of relational database systems, specifically Microsoft SQL Server, and ability to write complex SQL queries. Advanced proficiency in Tableau required; Advanced proficiency in Microsoft Office suite required with preference for experience with excel macros, Microsoft Power Query and Power BI.
  • Exceptional analytic skills, specifically business data, financial data, and familiarity with accounting and financial practices and terminology; good interpersonal skills; high level written and oral presentation skills, proficient computer software users, including spreadsheets and databases.
  • Advanced critical thinking skills, exhibited by the ability to take information from a wide variety of sources and synthesize/analyze the information in the context of a data analytics project.
  • Ability to communicate data analytics visually, orally and in writing to diverse and varied audiences.
  • Ability to work independently and as part of a team.

Compensation:

Based upon experience

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to careers@iff.org with “Senior Data Analyst” in the subject line.

IFF is an equal opportunity employer.

SBA 504 Loan Officer Self-Help
Durham, NC
Job Function: Lending/Loan Operations
Posted: April 18, 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 $6.9 billion in financing to 112,000 families, individuals and businesses under served by traditional financial institutions. It helps drive economic development and strengthen communities by financing hundreds of home buyers 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 120,000 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.

Position Summary:

The SBA 504 Loan Officer’s primary responsibilities are to develop strong referral relationships and to originate, underwrite and support the closing of SBA 504 loans, in compliance with Self-Help policies and SBA regulations.  The Loan Officer will, with support of a Lending Associate under the Loan Officer’s direction, assess loan applicants, including program eligibility, detailed financial analysis, industry and market research and management ability.  The Loan Officer will oversee the processing and compilation of SBA application packages and other required SBA documentation. Understanding the value of customer service and team work is critical to this role, as it involves developing and strengthening external relationships and working closely with other members of the SBA 504 team.  The Loan Officer will have a thorough knowledge of SBA regulations and will be able to work as part of a team to provide loans to our borrowers while ensuring the safety and soundness of our loan portfolio.

Responsibilities:

  • Evaluate and underwrite the loan application, including program eligibility, and conduct a risk assessment of financial data, market and industry information, management and collateral adequacy.
  • Work with lending partners to structure complicated transactions within SBA 504 program requirements.
  • Oversee the Lending Associate’s preparation, assembly and tracking of SBA 504 loan application packages.
  • Review and evaluate required pre-closing documentation collected by the Lending Associate to ensure accuracy and compliance with program requirements.
  • Build strong relationships with external lenders and other referral sources through excellent customer service and demonstration of in-depth program knowledge.
  • Develop a strong pipeline of SBA 504 loans through marketing and outreach.
  • Work with existing borrowers and coordinate with other members of the SBA 504 team on servicing matters, including periodic site visits.
  • Perform other tasks necessary to the continued growth and stability of Self-Help’s 504 lending program

Requirements:

Minimum Qualifications:

  • Bachelor’s degree and at least 7 years’ relevant work experience, such as commercial lending, finance or community development experience, or an equivalent combination of relevant education and experience.
  • Demonstrated ability to build strong customer relationships.
  • Strong customer service skills, with both internal and external customers.
  • Demonstrated ability to make quantitative assessments of performance and risk, including in-depth financial analysis.
  • Strong organizational skills, and strong written and verbal communication skills.
  • Ability to work independently and as part of a cooperative team.
  • Ability to manage competing priorities.
  • Strong attention to detail.
  • Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization are essential.
  • Strong computer skills and experience working with spreadsheet software, such as Excel, and database software programs.
  • Ability and willingness to travel throughout state of North Carolina, approx. 25%.

Desired Qualifications:

  • Graduate degree in business, law or public policy. 
  • Experience with the SBA 504 loan program.
  • Experience with Salesforce

Compensation:

Competitive nonprofit salary, based on experience, plus a generous benefits package.

How to Apply:

To apply, send resume and cover letter, describing why you are a fit for this position, to hiringmanager@self-help.org. Please include the position title as the subject.  Applications received after this date may or may not be considered, depending on the applicant pool.  The position will remain posted until filled.

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

Chief Operating Officer Accion
Albuquerque, Denver, Dallas, Phoenix, Tucson, Las Vegas, All
Job Function: Administrative/Operations/IT
Posted: April 18, 2017

Background:

A nonprofit leader in the high-impact fields of community development and microfinance, Accion is dedicated to helping entrepreneurs realize their dreams and fuel increased economic opportunity and mobility through business ownership. Since 1994, Accion has infused more than $102 million in the growth and success of more than 7,000 small businesses across Arizona, Colorado, Nevada, New Mexico, and Texas.

We are part of a movement working towards a financially inclusive world where all entrepreneurs can access the tools they need to achieve higher success. Accion is a member of the Accion U.S. Network, the largest and only nationwide nonprofit micro—and small business lending network in the United States. Since 1991, the members of the Accion U.S. Network have collectively made more than 57,000 loans totaling over $500 million. Globally, Accion is a pioneer in microfinance, reaching millions of individuals through its international network of partners. Learn more at www.us.accion.org.

Position Summary:

Accion, serving the states of Arizona, Colorado, Nevada, New Mexico, and Texas, seeks an experienced and enthusiastic Chief Technology Officer (CTO) to drive excellence and innovation in leading Accion’s efforts to rapidly and efficiently drive increased scale. Ideally this position will be located in a major market inside Accion’s five-state region, but we are open to strong candidates nation-wide.

Responsibilities:

The CTO will be responsible for designing and executing a technology vision and strategy to help Accion reach its goals and better delight its stakeholders. The CTO will be a member of Accion's leadership team and will report to the President/CEO. 

This is a remarkable opportunity to take a leadership role at an innovative Community Development Financial Institution (CDFI) at the forefront of equipping entrepreneurs to create positive economic and social change in the U.S.

Requirements:

At least 10 years of professional experience overall, with a minimum of five years as a senior organizational leader with progressive technical leadership in a high-growth, fast paced organization. Demonstrated strategic planning experience and success in building or scaling complex technology systems. Bachelor’s degree required, and Master’s degree preferred. Experience in financial technology preferred.

Compensation:

Accion offers a competitive compensation package including base salary, incentive pay, health coverage, retirement, and vacation benefits.

How to Apply:

Visit here to apply.

Chief External Affairs Officer New Jersey Community Capital
New Brunswick, NJ
Job Function: Fundraising
Posted: April 12, 2017

Background:

About New Jersey Community Capital

We are a 30-year-old community development financial institution (CDFI), certified by the U.S. Treasury Department. Each year, NJCC and its affiliates provide millions of dollars in capital and substantial technical assistance to support the revitalization of underserved communities across the state. These efforts provide quality housing, early care, education, and employment to thousands of low-income people. NJCC has also emerged as a national leader in developing creative strategies to reverse the distress created by the foreclosure crisis, implementing large-scale programs to acquire and redevelop vacant homes, modify nonperforming mortgages, and infusing flexible capital into collaborative community-level efforts to stabilize blighted neighborhoods.

NJCC embraces diversity and equal opportunity in a serious way. We are dedicated to forming a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.

Position Summary:

Passionate about ground breaking community development and mission-driven leadership?

New Jersey Community Capital (NJCC) is a financial organization with a mission to create thriving communities through strategic investments and knowledge. Fulfilling the needs and improving the quality of life of thousands of individuals and families would not be possible without our talented and diverse staff, and motivating environment.

We are looking for a seasoned financial leader who will help us cultivate relationships with existing and future investors, grantors, and donors. Are you personally well known in the circle of our influencers, including those of whom we are unaware? If so, we are interested in you.

Responsibilities:

You will be part of the Executive Committee and report directly to our President. As such, you’ll be one of five people that provide advice, council, and strategic input to guide our business plans and direction. You will find the passion for our mission, camaraderie, and genuine warmth of the leadership team to be at once refreshing and energizing. Of course, a significant part of your responsibilities will be to help us craft and articulate our positions on public policy, both from the perspective of fulfilling our mission and galvanizing grant-based funding to extend our impact.

Requirements:

We’d love to hear from you if:

  • You have a passion to improve underserved communities and the lives of residents in New Jersey & beyond.
  • You will have an excellent reputation for mounting campaigns to communicate the work of the organizations you have served.
  • You know how to manage the assessment and reporting of the impact of your teams’ efforts.
  • Your leadership and management experience has been effective and relevant to goals like ours.
  • People at all levels, both inside and outside your organization, love working with you, and know you to be someone that they can count on when they need a hand.
  • You have demonstrated the ability to develop and implement long-term marketing and fundraising strategies, including experience cultivating and soliciting foundations, individual, and corporate donors in support of program and operational activities.
  • You have been successful in developing comprehensive marketing and communication plans that cross internal organizational boundaries
  • You have the financial background needed to be credible with our partners, especially when dealing with lending and institutional investments.
  • You have a strong track record in community/economic development, financial services, financial management, or CDFIs. Experience working in a nonprofit environment is definitely a plus.
  • Your outstanding communications skills and ease in front of audiences large and small are among your top strengths.
  • Your 8+ years of related professional experience dealing with CDFI Fund and other federally sourced grants and awards has made you a resource to your peers. If you have experience working with foundation and corporate grant makers, even better!

Compensation:

NJCC offers a competitive nonprofit salary based on experience and skills, as well as an attractive benefits package including health, dental, disability and life insurance; 401(k) savings plan after one year’s service; flexible spending accounts (medical, dependent care, and transportation); and 23 paid leave days (includes sick, personal, and vacation) plus 12 paid holidays. NJCC’s office is located at 108 Church St. in New Brunswick, NJ, in a recently-renovated building only two blocks from the train station.

How to Apply:

If this exciting opportunity appeals to you, please email a thoughtful cover letter and resume to hr@njclf.com. Please include “Chief External Affairs Officer – Your Name” in the email’s subject line. NJCC will accept applications until the position is filled.

Analyst, Impact Investing Tideline
New York, NY
Job Function: Finance
Posted: April 10, 2017

Background:

Tideline is a consulting firm that provides tailored advice to clients developing impact investment strategies, products, and solutions. Our mission is to help clients excel in realizing financial and societal value. We believe in shared, sustainable prosperity powered by market-based solutions. To that end, our services include investment strategy, investment product development, market intelligence and due diligence, strategic advice, and thought leadership.

Our multi-disciplinary team delivers services of unmatched quality, grounded in deep, rigorous research and analysis. Past clients have included leading investment firms and foundations active in impact investing. Tideline was founded in 2014 with offices in New York City and San Francisco and currently has a growing team led by the firm’s partners: Christina Leijonhufvud, Ben Thornley, and Kim Wright-Violich.

 

Position Summary:

This is a unique opportunity for an early- to mid-career individual to apply his or her financial analysis and research capabilities to achieving social and environmental impact. The Analyst will have an opportunity to play an important role on client projects, including through research and analysis, producing client materials, financial modeling, investment product design, and investment strategy. Tideline’s clients include top-tier financial and philanthropic institutions working on a wide range of issues related to impact investing, so there will be excellent opportunities to build broad and practical knowledge.

The position is expected to begin as early as May 1st and will be a full-time temporary employee position for six months, with potential to convert to a long-term employee thereafter, depending on fit and the need at that time. Candidates will be considered for Tideline’s New York office.

 

Responsibilities:

  • Take a leading role in financial analysis efforts for client projects
  • Guide investment product design and investment strategy for client projects
  • Perform research and analysis related to client projects, including literature reviews, summaries of findings, participation in expert interviews, etc.
  • Support preparations for, and participate in, team brainstorming and strategy development for client projects
  • Develop client materials, including PowerPoint presentations and reports
  • Support internal financial analysis for Tideline

 

Requirements:

The ideal candidate has a flexible, curious mindset; an entrepreneurial, collaborative disposition; and a commitment to advancing social and environmental outcomes through impact investing. Every member of the team embodies our firm’s values: excellence, commitment, and openness, The team is fun, too, and often feels like an extended family for each of its members.
 
Desired qualifications and experience level include:

  • Experience in financial analysis, preferably as an analyst or associate at an investment bank, M&A advisory firm, and/or private equity firm 
  • Completion of an investment firm analyst training program or an MBA with an emphasis on finance preferred
  • Experience performing qualitative research and analysis
  • Demonstrated ability to exercise initiative, sound judgment, and discretion
  • Strong interpersonal and communication skills
  • Sense of humor and self-awareness

 

Compensation:

Commensurate with experience

How to Apply:

Please submit resume and cover letter here. Send any questions to info@tideline.com.

Chief Executive Officer Mutual Housing California
Sacramento, CA
Job Function: Other
Posted: April 10, 2017

Background:

Mutual Housing California seeks a dynamic, entrepreneurial and mission-driven Chief Executive Officer to champion and implement the development and operations of high-quality, innovative affordable housing and resident leadership programs for the Sacramento region and beyond.

The Organization

Incorporated in 1988, Mutual Housing was formed as a partnership of neighborhood residents, business representatives, housing advocates, and local government dedicated to improving housing opportunities for lower income families. The Mutual Housing founders’ major objective was to create a locally controlled nonprofit that would be a force for revitalizing low-income communities by strengthening neighborhood assets–both the housing and the neighborhood leaders. By acquiring deteriorating multifamily structures, they envisioned that Mutual Housing could leverage private and public capital to renovate properties and turn them around into safe, affordable and well-functioning residential communities. Similarly, by attracting investment to construct new housing on vacant in-fill lots, Mutual Housing would add to the local supply of safe, affordable housing and eliminate the hazards often associated with vacant lots. 

As important, Mutual Housing was created to help stabilize neighborhoods by identifying and developing leaders. By encouraging residents to participate in decision making in their rental communities, Mutual Housing would develop future local leaders — people who cared about the future of their neighborhoods and would organize others to increase the safety and well-being of other residents. These original founding objectives remain the same today.

Mutual Housing California’s 64-person staff works across multi-family housing development, property and asset management, resident leadership, and administrative functions. The organization, which is designated as a Community Housing Development Organization, is currently governed by 12 board members representing a mix of resident leaders and experienced civic and industry professionals. Mutual Housing California has a sound base of fixed assets, a growing balance sheet, and strong financial controls. The organization’s FY 2017 corporate (excluding rental properties) expense budget is $3.1 million; anticipated annual revenues are $4.7 million, $2.7 million of which is developer fee income. On a consolidated basis, Mutual Housing holds $148.8 million in assets, with total revenues of $11.3 million in 2015. Mutual Housing is a NeighborWorks chartered organization with ‘exemplary’ status, the highest rating possible. Rachel Iskow, Mutual Housing’s outgoing CEO, has served in this role for 23 years. She plans to leave the organization at the end of 2017.

Major Business Lines and Areas of Focus

Housing Development. Mutual Housing offers a permanent solution to the housing needs of California’s diverse families. Some multi-family communities are designed and constructed by Mutual Housing California on vacant in-fill lots; others are acquired and rehabilitated. Mutual Housing has a track record of innovation, both around the integration of community development and environmental sustainability and in serving diverse and inclusive populations. In 2002, the organization developed the first multifamily housing property in the Sacramento Municipal Utility District (SMUD) service area to incorporate solar energy. In 2011, Mutual Housing constructed a multifamily development with the highest Build it Green rating in the North Central Valley, and in 2015, developed the nation’s first rental housing development to be certified Zero Net Energy (ZNE). The organization is currently planning the nation’s first rental housing development to be certified Positive Net Energy as well as planning other ZNE properties, one of which will be the region’s first LGBT welcoming senior housing community.

Property Management. Mutual Housing owns and operates 1,071 homes in 19 multi-family properties across Sacramento and Yolo Counties, housing over 3,200 residents. Mutual Housing Management, a subsidiary, manages these properties. Property management and maintenance staff follow ‘green operations and maintenance’ plans that contribute to improved health of residents and property sustainability.

Resident Leadership. A team of community organizers provides leadership development support to resident leaders who are active in increasing the participation of other residents. Under the direction of a MSW professional, the social work team identifies service programs to support vulnerable individuals. Mutual Housing values the diversity of its resident members and the varied gifts they bring and contribute back to their community and to the organization. This involvement leads to positive outcomes in the health and stability of families and communities. 
 
Advocacy. Mutual Housing moves forward policies that support affordable housing development and fair and equitable housing practices. For example, Mutual Housing successfully campaigned in 2008 for a mandatory rental housing inspection ordinance. The CEO provides leadership in local housing advocacy and renters rights organizations and statewide campaigns.

Mutual Housing Model
 
With residents taking a key role in overseeing their properties and developing programs through site-specific resident councils and issue-specific committees, Mutual Housing California creates communities in which residents have a vested interest. These councils, working together with management, provide input into house rules, review financial reports, plan and evaluate resident activities, attract outside organizations to host on-site programs, orient new residents, and educate to prevent infractions of rules. Councils and issue-specific site committees provide leadership in the identification of resident and community needs and in raising resources to fill those needs. These include youth development programs, support for the elderly, education and economic development resources, health, safety and security programs, and recreational facilities.

Resident leaders at each community identify other programs and providers for activities that may be of interest to residents at their properties, including senior exercise, community gardening and nutrition, after-school tutoring and homework clubs, English and citizenship classes, disease prevention and others.

Position Summary:

Reporting to the Board and its Executive Committee, the CEO is responsible for providing overall leadership, direction, and operational and financial management for Mutual Housing California. The CEO directly supervises a four-person executive management team, including the Chief Financial and Operations Officer, Community Development Officer, Director of Housing Development, and Director of Property Management. The CEO serves as the Executive Director of Mutual Housing Management and all of Mutual Housing’s nonprofit affiliates. These affiliates serve as the general partner or owner of its housing properties. The CEO focuses on organizational development and management, strategic relationship development that supports the growth of the real estate pipeline, advocacy, external relations, and resource development.

Responsibilities:

Leadership

  • Collaborate with the Board, management team and staff on the development and implementation of the organization’s strategic direction and objectives.
  • Lead external relations and sustain and grow strategic alliances.
  • Lead the organization’s advocacy and public policy efforts at local, state and national levels.

Management

  • Provide leadership to the management team and staff, infusing vision and mission at all levels of the organization.
  • Ensure fiscal integrity and accountability and manage risk.
  • Ensure accountability for outcomes in all key business lines: real estate development, community organizing and resident services, and asset and property management
  • Develop and oversee implementation of policies and procedures.

Resource Development

  • Work collaboratively with division managers and the CFO to manage revenues and expenses, and forecast future growth.
  • Work collaboratively with division managers, director of resource development and Board members to expand resources. 

Board Relations

  • Support the work of the Board and Board development.
  • Ensure that the Board has sufficient information to make decisions and evaluate the work of the organization.

Near Term CEO Priorities (January 2018-June 2019) 

The Board of Directors anticipates a January 2018 start-date for this position.  Priorities in the CEO’s first 18 months include: 

  • Moving forward real estate development projects and strategically seeking out and vetting new opportunities in both urban and rural locations, particularly given the wider geographic reach of Mutual Housing California. The current housing development pipeline includes four new construction projects totaling about 250 units, one acquisition/rehab project with 200 units, two portfolio rehab projects with 136 units, and site search for new development opportunities. 
  • Overseeing completion of Mutual Housing California’s next five-year strategic plan, with a beginning timeframe of January 2019.
  • Recruiting new skill sets to the board that build on the diverse mix of board members already in place and that develop new relationship possibilities for the organization.  
  • Ensuring that annual programmatic and financial goals across business lines are met. This includes expanding major gift donations and championing program initiatives.
  • Building on work completed in 2017 to transition to more data-informed resident programming and to share with external stakeholders the outcomes and impact of Mutual Housing California’s work with individuals, families, and communities.  
  • Collaborating with the Board of Directors and partners to advance Mutual Housing California’s local, state and national role in developing and implementing innovative programs in housing and community development.  This includes making and maintaining strong collaborative partnerships with stakeholders at multiple levels, including local and regional elected officials. 

Requirements:

The CEO position demands a visionary, mission-driven and highly skilled leader in a fast-paced environment with hard-working and dedicated staff.  Ideal candidates for this position will be seasoned affordable housing professionals that bring a variety of experiences and attributes to the role, including:
 

  • Deep commitment to and demonstrated support of Mutual Housing California’s core values, including resident engagement, leadership development and cultural inclusiveness. 
  • Subject-matter expertise and track record in the field of affordable housing development.
  • Commitment to environmental sustainability; green building experience preferred. 
  • Ability to articulate the value-add of the mutual housing model to a variety of audiences and a vision for how the mutual housing model can expand to new communities. 
  • Collaborative, inclusive and open communication style; listens and respects different viewpoints.
  •  Ability to serve as a bridge between and among staff, board members, public and private stakeholders and residents.
  • Experience fostering a positive work environment for employees. 
  • Political acumen - able to build ties and relationships with public officials and balance these relationships with negotiating and advocating in support of policies and initiatives that will benefit Mutual Housing California’s constituents.
  • Able to leverage existing relationships and connections to grow Mutual Housing California’s presence and impact, as well as build new partnerships; experience in California markets is preferred but not required.
  • Strategic thinker who can balance new opportunities with an assessment of risk.
  • Honesty, compassion and integrity.
  • Demonstrated ability to effectively work with Boards of Directors in furthering an organization’s mission.
  • Excellent public speaking and writing skills.
  • Bachelor’s degree required; Masters preferred.

 

Compensation:

Salary will be competitive and commensurate with experience. Excellent benefits.

How to Apply:

The Mutual Housing California Board of Directors has hired Raffa to assist with the executive search and transition. To apply, e-mail resume, cover letter and salary requirements to: mutualhousingca@raffa.com (e-mail applications are required and will only be accepted at this email address).  For other inquiries contact:

Jill Fioravanti, Search Consultant, Raffa: jillfioravanti@raffa.com

Resume reviews begin immediately. Interviews will begin this summer and Mutual Housing California anticipates announcing the selection of the new executive in fall 2017, with a start-date in January 2018.

Mutual Housing California seeks to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, gender, gender appearance, sexual orientation, marital status, national origin, age, disability or protected status.  Mutual Housing California fully complies with all applicable federal, state, and local anti-discrimination laws. 

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