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.

Leave blank for all. Otherwise, the first selected term will be the default instead of "Any".
Leave blank for all. Otherwise, the first selected term will be the default instead of "Any".

Chief Operating Officer LiftFund
San Antonio, TX
Job Function: Other
Posted: April 3, 2017

Background:

LiftFund is a non-profit organization (501 c 3) dedicated to the economic development of small business by providing entrepreneurs with access to credit and business support services that are not available from the commercial banking sector. We offer a “hand-up” to those striving to support themselves and their families through small business initiatives. Through our loans and services, we help entrepreneurs strengthen their businesses, stabilize and increase their incomes, create additional employment opportunities and contribute to the economic revitalization of their communities.

LiftFund is a micro and small business lender based in San Antonio with offices in Austin, Brownsville, Corpus Christi, Dallas/Fort Worth, El Paso, Houston, Laredo, McAllen, New Orleans, Memphis, Birmingham and Atlanta. The Lending footprint includes the States of Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, South Carolina, Tennessee and Texas. LiftFund has assets of $69 million and has 105 employees.

Position Summary:

The Chief Operating Officer is responsible for operational and financial performance of LiftFund, as well as strategic leadership, risk management, organizational development, internal infrastructure and new business development. Partners with President and CEO to plan and prepare for future growth and coordinate strategic responses to emerging opportunities. Serves as the leader of the Operational Leadership Team which includes the Chief Financial Officer, Chief Lending Officer and the Chief Credit Officer. The goal of the COO is to support the mission, increase the organizations’ asset base, and improve the operational performance of the organization.

Responsibilities:

Business Development

  • Serve as the lead of the operations of LiftFund. Is responsible for identifying, vetting, and ensuring follow-up on new and existing business development or organizational opportunities. Provide thought leadership on operational and mission impact, organizational capacity, risk factors, and other key factors to inform strategic decision-making • Provide organizational focus and leadership for market positioning issues, identifying emerging opportunities to leverage current work and internal capacities for new business development

Organizational Effectiveness

  • Lead the development and implementation of key performance indicators (KPIs). Proactively identify performance trends, ensure ongoing reporting and engagement of team on performance successes, shortcomings and mid-course corrections, as needed
  • Champion the development, implementation and continuous improvement of a range of organizational management protocols, practices and tools, (project management, procurement, contracting, risk management, etc.) to ensure optimal deployment of LiftFund ’s resources
  • Serve as the leader of the Operational Team and advisor and counsel to the President • Provide leadership, vision, coaching, and professional development opportunities

Financial Management

  • Ensure effective financial management protocols and processes, including timely, accurate financial reporting, proper financial controls, and effective budgeting and procurement
  • Continuously assess and refine LiftFund’s financial model towards self-sufficiency; analyze and develop strategies to align organizational priorities with financial resources and outcomes
  • Provide oversight and approval of all financial commitments including contract approval, budget approval and audit preparedness

Talent Management & Organizational Development

  • Ensure the delivery of effective human resource practices and policies that are aligned with Lift Fund’s strategic priorities.
  • Foster a culture of collaboration and continuous improvement by collaborating with teams to identify operational gaps or inefficiencies, and developing competency, structural, or process-based solutions. Maintain robust succession plan for Operational Team positions to ensure organizational sustainability and mitigate operational risks

Information Technology Management

  • Provide oversight to IT function to ensure the ongoing maintenance and updating of LiftFund’s information systems and architecture, including hardware, networking, and applications, that effectively serve both the internal and mission-facing needs of the organization
  • Engender and encourage innovative, proactive integration of technology solutions in support of programmatic imperatives
  • Ensure appropriate disaster recovery measures are in effect, including standard protocols and communication measures

Administration

  • Oversee real estate portfolio and related activities for headquarters and remote offices, including lease agreements, landlord relations, subtenant agreements, and space improvements
  • Ensure effective administrative functions for LIFTFUND’s headquarters offices including physical security, liability coverage, records storage, business policies, mail and shipping, office supplies and equipment, and maintenance of a comfortable, welcoming physical environment for LIFTFUND team members and guests
  • Other duties as assigned

Requirements:

  • Minimum of ten years leadership and management experience, including at least three years in a nonprofit or socially responsible organization. Prior experience providing oversight to three or more of the following functional areas: business operations, human resources, financial management, organizational development, information technology, organizational effectiveness
  • Master’s degree in business administration, public administration, accounting, finance, human resources, organizational development, or related field. Equivalent combination of education and experience may be considered in lieu of Master’s degree
  • Strong project management and analytical skills required • Demonstrated success in developing and managing KPIs
  • Strong writing and verbal communication with the ability to communicate to diverse internal and external audiences
  • Excellent interpersonal skills, with an ability to develop and maintain strong relationships, and engender trust
  • Flexible demeanor, demonstrated resourcefulness in setting priorities and guiding investment in people and system
  • Demonstrable leadership ability, including coaching, teambuilding and performance management

Compensation:

TBD

How to Apply:

Please send cover letter and resume to Janie Hernandez, VP Human Resource. jhernandez@liftfund.com

Community Investment Consultant II Federal Home Loan Bank of San Francisco
San Francisco, CA
Job Function: Other
Posted: March 21, 2017

Background:

The Federal Home Loan Bank of San Francisco is a cooperative, wholesale bank that helps meet community credit needs by providing readily available, competitively priced credit products and services to member financial institutions through all phases of the economic cycle. Our members include commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies, and community development financial institutions headquartered in Arizona, California, and Nevada.

For most financial institutions, especially small community lenders, direct borrowing from the global capital markets is not an option. As part of a network of 11 regional Federal Home Loan Banks across the country, we are able to raise funds in the global capital markets at favorable rates and terms. This allows us to provide our members with prompt, reliable access to low-cost loans (we call them “advances”) and financial risk management tools that help them meet the housing finance and economic development needs of the regions they serve.

Members use our products and services to help them lower their funding costs, reduce interest rate risk, manage liquidity, offer a wider range of credit products to their customers, and access lower-cost funding for affordable housing and economic development.

The credit we make available enables community lenders to make home mortgage, commercial real estate, small business, and other loans. Working with our members, community nonprofits, and cities and towns across our region, we also support affordable housing and economic development through targeted grant and loan programs. As part of this effort, we set aside 10% of our income each year to fund Affordable Housing Program grants for lower-income households.

Position Summary:

Consults with and provides expertise on community investment products and compliance issues to Bank management, the Bank’s members, prospective members, the FHLBank System, and community partners in support of the Affordable Housing Program (“AHP”) and the Community Lending Plan.

Responsibilities:

  • AHP Project Support
    • Handles all matters related to approved AHP projects including pre-disbursement reviews, modifications, determination of ongoing viability, and other responsibilities as needed. By providing knowledgeable assistance, supports members and project sponsors in their efforts to use the program to the best advantage of their projects.
    • Scores, evaluates, determines eligibility, financial feasibility and need for subsidy of applications submitted in the competitive rounds.
  • Technical Assistance and Outreach
    • Provides knowledgeable assistance to members and project sponsors. Actively represents the Bank at meetings, public speaking engagements, and community-sponsored events. Assists in planning and participates in Bank-sponsored workshops, webinars, conferences, or other events.
    • Assists in the production of various Bank publications such as brochures related to training workshops, product profiles for AHP products, the Affordable Housing Advisory Council’s annual report, and the Bank’s newsletter on community investment.
  • Special Projects
    • Assists the Bank in achieving its mission-related goals, including research into potential community investment programs, program design, and work related to fulfilling the Bank’s Community Lending Plan initiatives. Coordinates and prioritizes the steps needed to achieve specified results. Presents and recommends program ideas and research findings to senior management and/or the Advisory Counsel of the Board of Directors.

Requirements:

  • Bachelor’s Degree in Business Administration, Finance, a related field or equivalent education required.
  • Minimum four years experience in community investment lending, affordable housing finance, or loan processing within a financial institution or affordable housing nonprofit preferred. Familiarity with AHP regulations, established guidelines, policies and procedures desired.
  • Demonstrated project management skills including the ability to take initiative in a fast paced work environment, work effectively under pressure, either independently or as a member of a team and able to interface with all levels of customers both internal and external.
  • Demonstrated knowledge of Affordable Housing and Community Investment regulations and policy; public and private financing sources available, the Low-income Housing Tax Credit Program, mortgage revenue bond programs, Section 8 Certificates, other public grant programs, the Community Reinvestment Act, and the Home Mortgage Disclosure Act preferred.
  • Knowledge of Finance and financing structures preferred.
  • Understanding of how member banks use advances to support affordable housing preferred.
  • Familiarity with loan documentation required.
  • Ability to analyze sources and use tables, operating and development budgets, statements of cash flow required.
  • Understanding of the basics of retention and recapture mechanisms (subordination arrangements, silent second notes, and lien positions) required.
  • Ability to operate PC-based software and/or automated database systems required.
  • Excellent presentation, verbal and written communication skills and strong analytical and problem solving skills desired.
  • Ability to analyze, apply, interpret, and communicate policies, procedures and regulations effectively preferred.
  • Demonstrated ability to take initiative in a fast-paced work environment, work effectively under pressure, either independently or as a member of a team, and to interface with all levels of customers, both internal and external.

Compensation:

  • Competitive salary and discretionary bonus
  • Excellent health benefits including medical, dental, vision, wellness reimbursement, FSA & transportation tax savings, technology device incentives, 401K
  • Vacation, sick and bank holidays paid time off
  • Convenient location in the heart of downtown SF, close to public transportation
  • Excellent work environment, friendly & professional culture.

How to Apply:

Apply here.

Loan Officer WWBIC
Racine/Kenosha, WI
Job Function: Lending/Loan Operations
Posted: March 17, 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 to entrepreneurs 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:

The Loan Officer has responsibility to produce approved, closed and disbursed microloans for expansion of WWBIC's micro lending programs.

Responsibilities:

Core responsibilities include: identify, analyze, underwrite and close loan applications, develop and foster key relationships to ensure collaborative partnerships with area financial institutions and other sources for loan referrals, maintain a presence in the Racine and Kenosha community to facilitate loan production.

Requirements:

This position requires a desire to work with business owners of diverse ethnic and socio-economic backgrounds. Bachelor's degree and at least 5 years solid work experience in commercial banking, underwriting or accounting, strong analytical and organizational skills are needed.

Compensation:

Based on experience

How to Apply:

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

Pages

Printer Friendly and PDF