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

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

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

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

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Development Director Northwest Access Fund
Seattle, WA
Job Function: Fundraising
Posted: July 17, 2017

Background:

The Northwest Access Fund is a non-profit Community Development Financial Institution established to promote access to technology and economic opportunity for people with disabilities. Our programs include low-cost loans and IDAs for assistive technology and business equipment for people with disabilities as well as financial capability services. We operate in both Washington and Oregon. Our office is located in Seattle, WA. Visit www.nwaccessfund.org for more information.

Position Summary:

We are seeking a Development Director to develop and operate a strong and diversified fundraising program.  

Reporting to the Executive Director, the Development Director will guide and implement the strategy for development activities - including individual giving, donor relations, event management, grant writing, corporate sponsorship, and special fundraising campaigns - and assist in communication activities.  The Development Director must have outstanding communications skills.  He or she will work closely with the Executive Director and staff on all public relations and outreach activities and provide additional support as necessary.

Responsibilities:

  • Develop, implement, and evaluate an annual Development Plan in collaboration with the Executive Director and staff.
  • Create and execute the annual development calendar and development strategies to meet organizational goals – including online fundraising strategies.
  • Research grant opportunities and solicit corporate and grant funding in conjunction with Executive Director and program staff.  Develop grant reporting calendar and work with staff to meet grant reporting obligations.
  • Develop and manage individual giving program and build a major gifts program. Maintain and upgrade donor database in conjunction with other staff to ensure adequate data entry related to donor outreach and maintenance.
  • Develop and Manage events: Design and schedule events that align with development plan; Perform outreach to event guests; create content for event related materials and work with other staff, contractors and volunteers to ensure the events’ success; Manage post-event donor stewardship; and Oversee special events geared towards major/planned-giving donors.
  • Develop major communication pieces for direct mail, including appeal packages, informational pieces, and thank-you letters. Analyze direct mail pieces ROI as well as consistently increasing dollars brought in annually.
  • Draft blog posts and e-mail newsletters for distribution to donors and stakeholders.  Assist program and executive staff by creating copy as needed to support various initiatives.
  • Work with graphic design and other professionals as needed to see projects through.
  • Provide support for and participate in offsite conference presentations and tabling events.
  • Work with the Chair of the Marketing and Development Committee to develop committee meeting agenda and supporting materials.
  • Develop and produce annual report.

Because we are a small organization all staff members are expected to contribute to the overall success of the organization and carry out administrative, program, and development tasks as assigned.

Individuals with disabilities are strongly urged to apply.

Requirements:

3 - 5 years of experience in development work.

Compensation:

$43,000 - $52,000 annually for full time work, depending upon qualifications, with option of health, dental and vision benefits and SIMPLE IRA (matches up to 3% of salary). We will consider part-time work or work on a contract basis.

How to Apply:

Email resume and cover letter to Jack Brummel at jbrummel@nwaccessfund.org. In the cover letter, please specifically address relevant experience and reasons for your interest in this particular position.

Questions: Please contact Jack Brummel, Executive Director, with questions at 206-328-5116 or jbrummel@nwaccessfund.org. For more information about the organization, see www.nwaccessfund.org.

 

Loan Associate Baltimore Community Lending, Inc.
Baltimore, MD
Job Function: Lending/Loan Operations
Posted: July 17, 2017

Background:

Baltimore Community Lending (BCL) is a non-profit real estate financing corporation and certified Community Development Financial Institution (CDFI). The BCL mission is to support the revitalization and strengthening of Baltimore neighborhoods through innovative and flexible financing programs. The Company has a 28 year history of providing construction financing to non-profit and for-profit developers of properties in Baltimore City neighborhoods and neighborhood commercial districts. As our business continues to expand we need a well-organized individual who is able to assist our loan officers and learn the lending business.

Position Summary:

Baltimore Community Lending is looking for a dynamic individual driven to work with our lenders to assist them in providing capital to small and mid-sized developers who are acquiring and rehabbing properties to provide affordable housing throughout Baltimore City.

This position provides support to the Real Estate Loan Officers at Baltimore Community Lending. The primary function is to assist with the client services functions and directly coordinate the collection of required documents, the preparation of loan closing packages on approved loans, and follow-up documentation as needed. This position requires a significant amount of customer contact. The primary functions of the position are administrative in nature.

Responsibilities:

  • Assisting the Loan Officers with compilation of information during the application, underwriting and approval process for a loan
  • Assisting in the collection of all documentations as required by the loan officer and consistent with normal lending practices.
  • Collect financials from borrower/guarantors.
  • Contact customers, when directed, to gather loan application information for review.
  • Once the loan is approved, assist the Loan officers’ work with attorneys and Title companies to order loan documents, appraisals, environmental, flood certifications and all other required items needed for settlement.
  • Monitoring, collecting and removing items from the documentation exception list.
  • Complete all other duties as assigned.

Requirements:

  • Experience with commercial real estate or community development collateral and lending a plus
  • A minimum of an AA degree is required, with a Finance, Accounting or Real Estate concentration preferred. Experience in these fields can be substituted for a specific degree in these disciplines.
  • Must possess ability to work in a fast paced environment and maintain a high degree of accuracy.
  • Must have the ability to enter data in a computer with speed and accuracy; and exhibit good mathematical aptitude.
  • Must be a confident team member, who is not afraid to offer informed solutions when identified issues and challenges relating to loan program implementation arise.
  • Must be able to show experience to organize, and be able to perform timely, accurate and comprehensive analyses and detailed reporting.
  • Proficiency in Microsoft Suite of software, including Word, Excel and Outlook, is required.
  • Previous Experience: At least five years of experience in the areas of accounting, financial analysis, or credit for commercial, industrial and/or nonprofit organizations. Candidates with loan processing experience are preferred.

Compensation:

Compensation, paid as a salary with benefits, is commensurate with experience and qualifications. The excellent benefits package includes 40lk plan with match, health insurance, life and disability insurance, and paid annual leave.

How to Apply:

Application Instructions: Please submit a cover letter, resume and salary requirements to Resumes@BCLending.org with “Loan Associate” in the subject line.

BCL is an equal opportunity employer. EOE

Program Manager, Business Advising Pacific Community Ventures
San Francisco, CA
Job Function: Other
Posted: July 11, 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 a Program Manager to join our team as part of our innovative small business advising program. PCV’s BusinessAdvising.org business accelerator continues to scale and we are looking for a talented individual to help shape the future of this program with a keen eye on flawless execution. We work with business owners and volunteer advisors across America, and partners like Super Bowl, Capital One, Charles Schwab, eBay, PayPal 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. 2017 is on pace to become another record year in terms of growth and participant satisfaction, and we are looking to continue building on that success in 2018 and beyond.

Responsibilities:

  • Own the program participant experience from initial sign-up and beyond
  • Lead the onboarding process for small business owners and pro-bono advisors
  • Manage the matching process between advisors and entrepreneurs to meet program benchmarks and maintain program quality
  • Work to further develop and scale the program to create sustainable businesses and jobs for economically disadvantaged communities
  • Identify capacity building opportunities, increase programmatic efficiencies and processes to help scale all while improving the quality of the participant experience
  • Deliver quality programming through matching, events and education for entrepreneurs and advisors that reach a growing national audience and develop community within current program participants
  • Lead the execution of signed partnership agreements
  • Represent the organization at local events for partners, government, and others
  • Opportunity exists to build and manage part-time staff and intern(s)

Requirements:

  • Minimum five (5) years of work experience
  • Bachelor’s degree
  • Familiarity with business terminology
  • Outstanding time management and ability to multi-task
  • Self-starter willing to take initiative, but also works well in a team
  • Solution oriented and embraces working in a dynamic environment
  • Spanish language skills a plus
  • Interest in economic development, community development and/or entrepreneurship
  • Past experience might include: recruiting, inside sales, small business support, volunteer engagement, community building, education/resource development, scaling programs and/or online and offline events

Compensation:

Competitive with excellent benefits for full-time employees including: health and dental insurance, paid time off and holidays.

How to Apply:

To apply for this position, send a resume and cover letter to: HR@pcvmail.org. Please include the title of Program Manager, Business Advising in the subject of your email.

We aim to be a diverse and inclusive place to work. We value new perspectives, original ideas and different ways of working. We believe that diverse views and experiences improve the way we do our work. PCV is an equal opportunity employer; applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law.

Data and Reporting Analyst Pacific Community Ventures
San Francisco, CA
Job Function: Research and Analytics
Posted: July 11, 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 a Data and Reporting Analyst to join our team as part of our innovative small business advising program. One of our key differentiators is our ability to collect and report data to funders, partners and clients. We are looking for a talented individual to advance our organizational capabilities, keeping us on the cutting edge of our industry.

PCV’s BusinessAdvising.org business accelerator continues to scale and add depth to the participant experience. We work with business owners and volunteer advisors across America, and partners like Super Bowl, Capital One, Charles Schwab, eBay, PayPal 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. 2017 is on pace to become another record year in terms of growth and participant satisfaction, and we are looking to continue building on that success in 2018 and beyond.

The primary responsibilities of the Data and Reporting Analyst are oversight of data reporting systems, report generation for internal and external purposes, and contributing to the overall success of the program.

Responsibilities:

Data and Reporting

  • Provides data on a monthly, quarterly, bi-annual, and annual basis for reports to funders, partners and clients
  • Generates reports to program leadership for grants management purposes, client proposals and responds to additional data requests from throughout the organization
  • Builds dashboards and reporting capabilities in a recently acquired business intelligence toolWorks closely with program leadership to design and develop custom reports for quality assurance and performance management
  • Writes regular participant success stories based on interviews and collected data points
  • Engages with program leadership, Development, Marketing and other departments to ensure timely and accurate reporting

Programmatic Responsibilities

  • Participates in onboarding small business and advisors
  • Serves as auxiliary staff for making advising matches during peak times
  • Identifies speaking opportunities for program leadership and spearhead local event attendance/tabling
  • Supports business development by creating lists of potential clients and participating in initial virtual outreach
  • Creates content and build program’s bi-weekly newsletter
  • Other duties as assigned

Requirements:

  • 2+ years professional experience with databases and data reporting required, preferably in a community-based nonprofit, or program evaluation setting
  • Bachelor’s degree
  • An outstanding writer and communicator who is comfortable reaching out to funders and organizations as well as representing the program at events
  • Advanced MS Excel skills, experience with GROW a plus
  • Ability to manage multiple concurrent projects
  • Demonstrated ability to learn quickly, be self-directed, and take initiative
  • Outstanding time management and ability to multi-task
  • Self-starter willing to take initiative, but also works well in a team
  • Solution oriented and embraces working in a dynamic environment
  • Must maintain a sense of humor
  • Interest in economic development, community development and/or entrepreneurship

Compensation:

Competitive with excellent benefits for full-time employees including: health and dental insurance, paid time off and holidays.

How to Apply:

To apply for this position, send a resume and cover letter to: HR@pcvmail.org. Please include the title of Data and Reporting Analyst in the subject of your email.

We aim to be a diverse and inclusive place to work. We value new perspectives, original ideas and different ways of working. We believe that diverse views and experiences improve the way we do our work. PCV is an equal opportunity employer; applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law.

Business Lender Craft3
Walla Walla, WA
Job Function: Financial Services
Posted: June 28, 2017

Background:

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

Position Summary:

The Business Lender position is responsible for generating and underwriting new mission based business loans and servicing a loan portfolio that meets Craft3’s mission, financial and risk goals. The primary focus of lending targets small and medium businesses (not micro) in the Pacific Northwest, specifically those owned by minority, woman, veteran, and immigrant entrepreneurs and those located in low to moderate income/redevelopment areas.

Responsibilities:

ESSENTIAL DUTIES AND RESPONSIBILITIES include some or all of the following and are not intended to be all-inclusive. Craft3 reserves the right to change, add or delete responsibilities and duties as seen fit.

An employee's specific job duties, priorities and performance expectations are detailed in his/her individual performance plan.  

  • Actively prospects for strategic business loan opportunities from multiple sources.  Works with Craft3 Marketing professional to coordinate strategy and support.
  • Meets prospective borrowers, collects information, evaluates loan requests, negotiates loan terms and conditions.  
  • Determines the level of complexity, mission and strategy fit, and prospect’s readiness to borrow. Underwrites loans in accordance with policy or works cooperatively with assigned Underwriter to prepare detailed risk analysis of borrowers' repayment ability including financial and industry analysis of the borrowers' businesses, presents and defends loan proposals to loan committee based on effective critical thinking.
  • Provides informal consulting to clients regarding business plans, projections and business practices. Knows and refers to effective Technical Assistance providers who will help prospects with basic pre-application work such as business plan review and feedback.
  • Monitors outstanding borrowers for conformance with loan conditions, progress in meeting business goals, and overall business performance.  Reports all emerging problem loans to management when weaknesses are detected.
  • Manages portfolio risk in accordance with industry and organization standards and directives of the Credit Risk Manager. 
  • Participates in loan collections and enforcement actions when necessary.  May specialize in a specific loan product or targeted market sectors. 
  • Participates fully with all members of the Craft3 team. Effectively uses technology tools to perform required duties.
  • Contributes to the body of knowledge, sharing best practices and suggesting process improvement ideas.

Brand Management

  • Support the organization's All Team Performance Standards: Ownership, Respect and Flexibility.
  • Demonstrate stewardship for the Craft3 Brand.

AUTHORITIES

Loan Approval

  • Limited approval authority to be determined. Full voting participation on Staff Loan Committee approvals, assigned to individuals in peer group, on a rotating basis.

Portfolio Management 

  • Interact with a portfolio of clients and outstanding loans.  This portfolio will include loan relationships initiated by the lender and also other relationships that are originated by other lenders.  
  • Insure required financial information is submitted timely by the borrower
  • Complete analysis of borrower data, and draws a conclusion if there is a change in the level of risk associated with the borrower. 

Business Development 

  • Develops and manages referral network maintaining Craft3 brand in the marketplace with quality mission fit transactions to meet lender goals.

POSITION SCOPE - Direct Reports -- None

POSITION SCOPE - Indirect Reports -- None

PEER POSITIONS -- Other lenders

POSITION SCOPE – Financial Impact - Position is essential to ensuring loan compliance and payment performance on the part of all Craft3 borrowers.

Requirements:

QUALIFICATIONS

  • A minimum of three years previous commercial banking, community development lending, financial, or similar experiences required. Previous successful business ownership highly desired.  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

TYPICAL PROBLEM SOLVING  

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

MINIMUM EDUCATION REQUIREMENTS AND WORK REQUIREMENTS

  • Bachelor's degree or relevant experience required. Five years of significant coursework in accounting, finance or economics required.  

OTHER SKILLS AND ABILITIES

  • Fluency in a second language is desirable. Able to deal with frequent change, delays, or unexpected events; Attention to detail, ability to balance multiple work assignments; organized work habits; ability to work independently. Proficiency with major software programs: e.g. Contact Management Systems, MS Office Suite.

CERTIFICATES, LICENSES, REGISTRATIONS

  • None specified

WORK ENVIRONMENT

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

PHYSICAL DEMANDS

  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; and talk or hear. The employee frequently is required to walk. The employee is occasionally required to stand and reach with hands and arms. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision. Some travel to company events and branch offices will be required.
  • A level of travel is to be expected with job responsibilities covering a geographic area that includes the States of Oregon and Washington.

Compensation:

Craft3 will offer a competitive salary based on experience and skills, as well as an excellent benefits package including medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, and 403B Retirement savings plan with employer match.

How to Apply:

Application deadline is June 23, 2017

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

Or Copy URL:  https://workforcenow.adp.com/jobs/apply/posting.html?client=craft3&jobId=79806&lang=en_US&source=CC2 

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

Assistant Controller WWBIC
Milwaukee, WI
Job Function: Accounting
Posted: June 1, 2017

Background:

The Wisconsin Women’s Business Initiative Corporation (WWBIC) has provided quality business and financial education coupled with access to fair capital and financial products for 30 years. Since WWBIC was incorporated as a 501(c)(3) in 1987, it has loaned $46 million to small business owners, helped entrepreneurs create and retain 8,900 jobs, assisted over 55,000 clients, including more than 3,900 businesses, and assisted 152 individuals and families in purchasing their own homes through its asset-building program. Each year, WWBIC increases its impact across the state through the hard work of our staff and dedicated volunteers. For more information, visit www.wwbic.com.

Position Summary:

This position is primarily responsible for management of accounting and reporting activities, supporting the preparation of Board and Committee reports and for working collaboratively with WWBIC leadership to ensure completion of organizational objectives. This position will have supervisory responsibility for our hardworking accounting team.

 

Responsibilities:

Specific responsibilities include oversight of day to day and month end accounting and  related  reporting, internal control of receipt of revenues, costs and program  budgets, analysis of financial data and presentation of financial reports in an timely manner, assisting WWBIC leadership with budget planning and analysis, and managing and tracking the performance of invested assets.

Requirements:

  • The position requires a minimum of 5 years of  experience in an accounting and/or financial reporting and previous supervisory experience.
  • A Bachelor’s degree and knowledge or both Generally Accepted Accounting Principles (GAAP) and Office of Management and Budget (OMB) regulations is required.
  • Must have strong communication, organization and analytical skills along with a high comfort level in Microsoft Office.
  • Must work collaboratively and  be committed to supporting and developing a strong Accounting team.
  • Valid driver’s license and proof of  insurance is needed.

Compensation:

Based on experience.

How to Apply:

Email cover letter, resume and salary requirements to: patricia.lohmann@wwbic.com

Loan Service Associate Entrepreneur Works
Philadelphia, PA
Job Function: Financial Services
Posted: May 22, 2017

Background:

Entrepreneur Works Fund is a non-profit, certified Community Development Financial Institution (CDFI) focused on growing small businesses and creating jobs in the Philadelphia metropolitan area. Our mission is to cultivate and promote successful entrepreneurs among underserved populations and in underserved areas of the region – entrepreneurs who then become economic engines in their own communities.
 
Our loan portfolio provides affordable microloans between $500 and $50,000 to entrepreneurs who might otherwise be unable to secure capital from a traditional bank. We have no minimum credit score and can be flexible around collateral as well as the age and revenue of the business. By connecting hundreds of entrepreneurs each year with access to capital, one-on-one technical assistance, business training and networking opportunities, Entrepreneur Works Fund helps promising individuals develop economic self-sufficiency and create job opportunities through business ownership.

For more information, please visit www.MyEntrepreneurWorks.org.

Position Summary:

The Loan Service Associate will play a key role in the operations and risk management of Entrepreneur Works’ small business loan portfolio by managing the services provided to our clients after their loans are closed and disbursed. 

This includes monitoring portfolio performance and staying in close contact with borrowers to identify those that need technical assistance before they reach the point of default. The Loan Service Associate will also manage the collections process, maintain the department’s data collection and systems, and produce loan servicing and closing documentation.

Responsibilities:

This position requires a customer-service oriented individual who is comfortable with data entry, thrives in multi-cultural settings, and is passionate about financial literacy and economic justice. Demonstrated experience working with a diverse range of clients and colleagues is a must, as is comfort with a deadline-driven environment.

The ideal candidate has experience entering data, managing client relationships and navigating complex interpersonal situations both on the phone and in person.

PRINCIPAL RESPONSIBILITIES OF LOAN SERVICE ASSOCIATE:

  • Monitor borrowers, their businesses and repayment patterns to identify troubled loans
  • Identify business assistance needs of current borrowers and connect them with relevant resources
  • Make site visits to borrower’s businesses when necessary 
  • Manage collections process, make collections calls
  • Prepare borrowers’ billing statements and late letters
  • Process loan payments
  • Enter client data into Entrepreneur Works’ loan servicing and CRM software programs
  • Assist with portfolio reporting and surveys

Requirements:

Required

  • At least 1-2 years of experience in client-facing and/or customer service roles
  • Ability to navigate complex interpersonal interactions
  • Experience with data entry, finance, administration and/or business 
  • Proficient in Microsoft Excel, Microsoft Word and Microsoft Outlook
  • Superior writing, verbal and interpersonal skills
  • Experience working (or volunteering) with diverse and underserved populations
  • Ability to quickly learn departmental software systems

Preferred

  • Previous loan servicing experience
  • Experience mentoring or consulting, particularly with small businesses or entrepreneurs
  • Experience with small business management or knowledge thereof
  • Experience with relational database applications (SQL)

Compensation:

Salary commensurate with experience, plus full benefits package.

How to Apply:

Please email a cover letter and resume with salary requirements to loans@entre-works.org. Please put “Loan Service Associate” in the subject heading. No phone calls, please.

Senior Underwriter - Low Income Housing Tax Credit Capital One
Miami, FL
Job Function: Underwriting
Posted: May 4, 2017

Background:

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.                                               

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Position Summary:

Senior Underwriter - Low Income Housing Tax Credit

The incumbent is responsible for the structuring and negotiation, underwriting, closing, due diligence and compliance functions related to the origination of new credit and investment products offered by the Community Finance group, and take a leadership role in managing the deal from origination through closing.  It is expected, the incumbent will have the depth and breadth of knowledge and experience to work on the most complicated transactions with only modest day-to-day management involvement.  While serving in this role, it is expected that the incumbent will evidence a high degree of competence in all facets of departmental operations and eventually build specific subject matter expertise in an area relevant to but above and beyond the customary level of knowledge required to perform assigned tasks.

 

Responsibilities:

  • Understand and employ all lending and investment policies and procedures of the Bank and the department. 
  • Advise production staff on product and transaction structure to meet client objectives within appropriate credit and investment guidelines.
  • Identify and elevate issues that may cause a delay in approval or closing or would otherwise warrant additional investigation.
  • Communicate information requirements to clients and other deal constituents.  Serve as the central contact for provision of the requested data.
  • Complete a detailed review and analysis of the character, experience, ability and financial strength of the sponsor(s), contractor(s), guarantor(s) as well as other entities involved with the transaction.
  • Complete a detailed analysis of third party documents as well as independent review of general market economic performance, economic factors, in person review of the site and comparable properties, and other analyses which result in supportable estimates on achievable rents, absorption and vacancy. 
  • Complete a supportable operating pro-forma based on the analysis of the real estate fundamentals, as well as a variety of other documents.
  • Complete a detailed analysis of the capital budget which includes reviewing all sources, uses, funds flow timing, restrictions on funding sources, etc.
  • Identify, obtain and review all due diligence documentation required for both credit approval as well as compliance considerations, and maintain the underwriting due diligence checklist.
  • Complete or obtain and review, risk rating models and profitability analysis. 
  • Complete a written approval request that, along with financial models and exhibits, will clearly and concisely outline the details of each transaction, the underwriter’s recommendation and the basis of the recommendation.  The request will identify transaction strengths and mitigate weaknesses, and document bank compliance with internal policies and procedures as well as regulatory and other requirements.
  • Present the credit and/or investment request for approval consideration. Communicate the decision to appropriate deal constituencies in conjunction with the production staff. 
  • Coordinate required processes outside of the department scope, such as appraisals, environmental due diligence, construction risk and counterparty risk review, to make sure all issues are identified and appropriately approved.
  • Manage the transaction closing process, including review of all bank documentation for accuracy and compliance with the approval and bank standards.  
  • Review documentation related to all other sources, including equity, loan, grant, subordinated financing, rental subsidy and regulatory agreements, to verify timing, structure and transaction terms that comport with bank underwriting and approval.
  • Satisfy final approval requirements or conditions, and obtain required approvals for structural modifications that occur after original approval but prior to close.
  • Liaise with Loan and Equity Administration and Portfolio Management representatives to ensure an efficient closing, initial funding and transfer of the transaction to the Portfolio Manager.
  • Populate the electronic credit and/or investment file for each transaction.
  • Serve as the primary facilitator between the production staff in communications, discussions and negotiations with bank designated approval staff.
  • Identify areas for process improvement and lead efforts to devise or implement actions or processes to deliver results.

Requirements:

Basic Qualifications:

  • At least a Bachelor's Degree or Military experience
  • At least 5 years experience in commercial real estate banking OR At least 5 years experience in financial services
  • At least 3 years of experience in affordable housing finance 

Prefered Qualifications:

  • Strong credit and financial analysis skills
  • Ability to write in a clear and concise manner to convey complex information
  • Strong interpersonal skills including the ability to communicate effectively
  • Exceptional analytical and problem solving skills, attention to detail and accuracy
  • Proficiency in Microsoft Office, with particular emphasis on financial modeling. 

At this time, Capital One will not sponsor a new applicant for employment authorization for this position. 

Compensation:

Base Salary plus performance based annual bonus

How to Apply:

Apply here.

 

Director of Advocacy Fahe
Berea, KY
Job Function: Advocacy/Policy
Posted: May 1, 2017

Background:

Want to make a difference? Fahe is on a mission to eliminate persistent poverty in Appalachia. Our unique collaborative model connects a Network of local, regional, and national leaders, all working together to uplift our nation’s rural places. Since our inception in 1980, the Fahe Network has served more than 375,000 people, made over $609 million in direct investments, and achieved a total cumulative financial impact of over a billion dollars in Appalachia.

Position Summary:

Fahe is looking for a new Director of Advocacy. This position will serve Fahe and our Membership by representing us at the state, regional, and national levels and moving our collective advocacy agenda forward. Reporting to the CEO, this position will work with the executive staff, board of directors and an outside lobbying firm on a regular basis.

Responsibilities:

  • Work with President and Policy Committee to craft, execute and report on our Advocacy/Policy Agenda
  • Oversee and coordinate internal work for Advocacy, and with lobbying firm
  • Represent Fahe and our Members at national and regional events.
  • Create and promote content to legislators, trade groups/coalitions, program offices and strategic partners
  • Translate details from big picture/national climate
  • Responsible for Departmental budget and goals
  • Ability to report (memos) to staff/caucuses/board on behalf of Advocacy Team
  • Maintain legislative calendar and contacts list

Requirements:

  • Familiarity with federal programs, laws and regulations
  • Familiarity with nonprofit development organizations
  • Professional demeanor and willingness to cooperatively participate on a team in a mission-based organization
  • Able to work independently as well as collaboratively
  • Ability to Travel as needed – experienced solo and air traveler preferred
  • Proficient relationship-building skills Preferred

Education and Experience:

  • Undergraduate degree required
  • Experience at state or federal level with legislative affairs.

Compensation:

TBD

How to Apply:

Fahe is an Equal Opportunity Employer seeking applicants who can bring diverse viewpoints, experience, talents, and culture to promote our organization’s mission of eliminating persistent poverty in Appalachia. We offer a diverse work environment with competitive salaries and excellent benefits. Visit www.fahe.org to learn more about Fahe.

Qualified candidates may submit a resume and cover letter to hr@fahe.org or mail to Fahe/ATTN: Human Resources; 319 Oak Street; Berea, KY 40403.

Development Director Carolina Small Business Development Fund
Raleigh, NC
Job Function: Business Development
Posted: April 7, 2017

Background:

In 1990, Community Development Credit Unions (CDCUs) needed help. At the end of the 1980s, regulators began applying more stringent requirements on CDCUs, pushing some to the brink of liquidation. In response to the crisis, representatives from the CDCU network came together in the interest of preserving small, historically black credit unions. This collaboration lead to the creation of what was then called the North Carolina Minority Support Center (NCMSC).

The NCMSC's mission was to provide ongoing technical assistance and capital to support CDCUs throughout North Carolina. Generous support from the North Carolina General Assembly, the Z. Smith Reynolds Foundation, the Stevenson Credit Union Assistance Program, and the National Federation of Community Development Credit Unions helped to build the NCMSC into a nationally recognized resource.

Position Summary:

Under the administrative direction of President and CEO, this position is responsible for managing and executing the organizations marketing and fund raising functions. Liaison role with foundations, corporations, national and state banks, federal and state governments and other potential Carolina Small Business Development Fund (CSBDF)or donation providers.

Works under the administrative direction of the President and CEO; and exercises supervision over subordinate professional staff. The Director of Development routinely works without the direction of a supervisor and is free to develop methods, deadlines, priorities, and/or objectives for CSBDF development function. When instructions are received, they are usually specific because they apply to unusual and rarely occurring situations.

Responsibilities:

The following essential functions are those that are essential, primary and fundamental to the job. Incumbents who possess the requisite skill, experience, education, and other job-related requirements of a position are expected to perform the essential functions of the job with or without a reasonable accommodation. This description is intended to indicate the kinds of tasks and levels of work that will be required of positions assigned to this classification and shall not be held to exclude other related duties which are not mentioned.

  • Identifies, cultivates, solicits and stewards relationships with foundations, corporations, financial institutions and private foundations.
  • Actively engages in working to establish long-term partnerships and strengthen existing relationships with the corporate and foundation sector, state agencies, as well as other key community groups that will result in funding for the immediate and long-term goals of CSBDF.
  • Provides the expertise to advance the CSBDF’s interests by researching and identifying sources of support, proactively seeking opportunities to generate new proposals based on the mission and outreach programs, and by maintaining strong communication ties with existing donors and prospects.
  • Prepares annual fundraising strategy and work schedule to include long-range fundraising support and plans for prospecting new funders.
  • Writes and develops highly competitive proposals and grant applications for foundations, governmental and corporate prospects for funding.
  • Maintain regular contact with supporters, keeping them informed of our impact on the community and presenting compelling proposals regarding any new funding needs.
  • Works with local financial institutions.
  • Monitors award deadlines and make timely proposal submissions.
  • Ensures that reporting requirements are met for all grants, program related investments and other awards.
  • Assist marketing director with public relations related work including reviewing newsletter and marketing materials.
  • Develop a strategy to expand individual donor base of giving.
  • Maintains the Center’s giving policy and update as required.
  • Serve as lead staff for the Center’s Development Committee.
  • Work with local and federal legislators to help them understand our mission, and the financial impact The Carolina Small Business Development Fund’s services have on the communities it serves.
  • Provide assistance to President on advocacy and policy work.

Requirements:

Bachelor’s Degree in Marketing, Public Administration or Relations plus ten (10) or more years varied development experience and demonstrated successful corporate and/or foundation fundraising experience. A Master’s degree preferred. Possession of a valid North Carolina driver’s license.

Compensation:

TBD

How to Apply:

For more information, please email hr@carolinasmallbusiness.org or here.

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