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. If you need to edit or remove a posting, please contact info@ofn.org. Submissions will be reviewed to ensure relevancy to the industry, and posted within 2 business days.

Chief Financial Officer San Francisco Housing Accelerator Fund
San Francisco, CA
Job Function: Financial Services
Posted: January 27, 2020

Background:

The San Francisco Housing Accelerator Fund (SFHAF) is an innovative nonprofit lender and Community Development Financial Institution (CDFI) that leverages public, private, and philanthropic capital to help the city of San Francisco prevent displacement of low-income and working families and accelerates the production of new affordable housing projects. SFHAF is a public-private partnership and was established in 2017 by the San Francisco Mayor’s Office of Housing and Community Development in collaboration with private funders (led by Citibank, Dignity Health, and The San Francisco Foundation) and community-based developers.

SFHAF has raised over $250 million in capital and committed over $120M to help nonprofits acquire buildings and convert them to permanently affordable housing in San Francisco. SFHAF also manages a philanthropic fund, the Homes for the Homeless Fund, on behalf of Tipping Point Community to fund a prototype of more cost-effective supportive housing for chronically homeless individuals.

Position Summary:

The Chief Financial Officer will be a trusted partner in driving the organization’s growth by building operational infrastructure that supports both our core lending operations as well as our Homes for the Homeless subsidiary. The ideal candidate is an entrepreneurial professional who has deep experience with non-profit finance, financial institutions and lending. The role would report to SFHAF’s Chief Executive Officer and would work closely with the Chief Lending Officer, the Senior Vice President of Lending & Capital, and a Senior Loan Analyst as well as SFHAF’s third-party financial advisors and accounting team.

Responsibilities:

Proactively provide leadership and guidance to the organization; specifically, provide expertise on all financial matters, voicing financial and regulatory implications of pending decisions

Manage third party accounting team; Review, manage existing and establish new internal systems and controls, operations, processes and financial procedures as the organization evolves to ensure
the integrity of the financial information and reporting

Oversee annual external audits of all legal entities, including A-133 audit, and ensure compliance with regulatory and tax filings, including 990
Provide accurate and timely information on the organizations financial status to the Team, the Finance Committee and the Board

Lead annual and mid-year financial planning process, including the development of forecasts, financial analysis and reporting designed to provide insight into the organization’s operations and plans.

Evaluate and manage company special projects, programs, capital expenditures, products costing, etc. when necessary

Ensure the effective financial integration of new revenue generating initiatives into existing activities and organizational structure

Treasury functions including cash management and investment management; Forecast and manage cash flow to ensure that cash on hand is adequate to meet obligations and future needs

Oversee the financial obligations, expectations and reporting of all programmatic and/or restricted funding

Partner with pro bono counsel and others on Risk Management and compliance issues related to SFHAF; Review and ensure the maintenance of adequate and appropriate general insurance coverage

Work collaboratively with the team on the evolution of Human Resource policies and practices appropriate to the growth and needs of the organization

Oversee and support contract management and administration

Oversee and manage day-to-day operations including facilities and IT

Oversee vendor relationships for payroll, facilities and IT

Requirements:

At least 5 years experience as a CFO or equivalent, preferably in an entrepreneurial organization

BS/BA in accounting, finance, or related degree required. CPA or Master’s degree preferred

Knowledge of nonprofit accounting, including restricted and non-restricted fund reporting and financial statement preparation

CFO candidates from the for-profit sector will ideally have banking/lending industry experience. Candidates from the nonprofit or public sectors will ideally have Community Development Financial Institution (CDFI) experience or other affordable housing/community lending institution experience

Effective communicator at all levels in the organization, with strong oral and written skills and a willingness to share information. Strong team player

Familiarity with CDFIs, funding programs for affordable housing, and public-private partnerships

Compensation:

We value our staff and, as such, salary is competitive based on experience with comprehensive health benefits.

How to Apply:

Please send your resume, Linkedin profile, and a brief email note detailing your relevant experience and interest in the role to Becca Hutman (bhutman@sfhaf.org).

Director, Compliance Reinvestment Fund, Inc.
Philadelphia, PA
Job Function: Other
Posted: January 27, 2020

Background:

Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in neighborhoods across the country. We finance schools, affordable housing, grocery stores and health centers in underserved communities helping families lead healthier, more productive lives.

Reinvestment Fund brings together individual investors, banks, government, insurance companies, private foundations and faith-based and community organizations to invest in projects that transform communities. As a federally-certified community development financial institution (“CDFI”), we manage $1.2 billion in capital that originates from over 830 investors. We have deployed over $2.2 billion into community revitalizing and job-creating projects and enterprises over our 34-year history.

Position Summary:

The Risk & Compliance (“R&C”) department is responsible for developing and monitoring an effective risk and control framework across the organization. R&C works with business partners to effectively manage various risks in an environment of proactive and strategic problem solving. The team also leads operational and compliance programs that mitigate legal, regulatory and reputational risks.

Opportunity
We are seeking a motivated compliance professional, with experience in financial services, to lead the execution of compliance programs. This position reports to the Chief Compliance & Risk Officer and will have compliance oversight of key activities, including investment advisory activities of RF Impact Advisers. RF Impact Advisers (“RFIA”) is a nonprofit Pennsylvania-registered investment advisor wholly owned by Reinvestment Fund. RFIA allows eligible investors to invest in private funds that focus on specific asset classes or toward specific impact goals.

In addition to understanding and experience in the Investment Adviser’s Act of 1940, the individual should have broad understanding of compliance management capabilities and the impact of other risk types (i.e. operational, credit, strategic) on the organization’s ability to mitigate compliance risk.

Responsibilities:

• Work with other members of the R&C department and business owners to understand and manage enterprise-wide issues, opportunities and priorities.
• Manage and monitor risk management policies, processes and procedures (coordinate, assign, and perform secondary reviews/approval) and report findings to relevant parties.
• Maintain and update the investment advisor compliance manual and perform testing, monitoring, reporting and conduct annual training to ensure effectiveness of the program.
• Implement and monitor an ethics program pertaining to employee conduct matters and ensuring the timely resolution of such matters.
• Coordinate internal audits and compliance reviews
• Stay abreast of ongoing regulatory developments and/or material regulatory changes in applicable law and regulations.

Requirements:

The requirements listed below are representative of the minimum levels of knowledge, skills, and/or abilities required. To perform this job successfully, the individual must possess the abilities or aptitudes to perform each duty proficiently. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Candidates will be expected to possess the following professional and personal attributes:
• 8 - 12 years of related experience with strong knowledge of the Investment Adviser’s Act of 1940 and prior experience preferably as a Deputy CCO.
• Knowledge of the financial services industry, from a strategic and internal controls perspective, especially as it relates to Federal Securities expectations.
• Manage various programs and specific projects simultaneously with experience in planning, status reporting and coordinating resources.
• Desire to learn more about the CDFI industry and fit broader financial institution industry experience to needs of the organization consistent with its size, complexity and culture.
• Strong communication skills and presence with the ability to speak with impact, influence outcomes; simplify complex topics into actionable recommendations for decision-making.
• Comfortable with confronting conflict and difficult issues in a professional, assertive and proactive manner.

Preferred Requirements
• Bachelor’s degree in Finance, Accounting, or Business-related discipline.
• Experience with state-registered investment advisers.
• Knowledge of AML/BSA/OFAC risk assessments, monitoring and program management.
• Understanding of enterprise risk management concepts, including risk appetite setting and monitoring
• Prior experience building new programs or implementing new frameworks related to internal controls
• Experience with technology-enabling risk mitigation tools
• Series 7 and 24 licenses
• IACCP designation

Expectations for all employees
Supports Reinvestment Fund’s mission, vision, and values by exhibiting the following competencies: Commitment to Reinvestment Fund, ethical behavior/integrity, and respect for coworkers, Reinvestment Fund boards and committees, investors and borrowers, and clients.

Compensation:

Reinvestment Fund offers a competitive salary based on experience and skills, including participation in the Company’s performance plan as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care, and transportation), tuition reimbursement, generous paid time off, and EAP program. As part of its professional development program, the company pays for CPE credits and time off to attend classes as required by its professional staff.

How to Apply:

Complete the online employment application available on our website at www.reinvestment.com. Please attach your resume and a cover letter which includes your salary requirement.

Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran.

Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.

Executive Director Coachella Valley Housing Coalition
Indio, CA
Job Function: Other
Posted: January 24, 2020

Background:

Coachella Valley Housing Coalition (CVHC) seeks a dynamic and strategic Executive Director committed to advancing CVHC’s work to provide safe, affordable housing and community programs to thousands of people throughout Southern California in San Bernardino, Riverside and Imperial Counties.

The Organization

Coachella Valley Housing Coalition (CVHC) was founded in 1982 with $10,000 by a group of visionaries seeking to build housing for farm workers in the area. Since then, the organization has grown to provide housing not only to farm workers, but also to seniors, veterans, and thousands of low- and very low-income families and individuals. CVHC lives out its mission to “improve the living conditions of low-income individuals and families by constructing and operating affordable housing infused with programs and opportunities that enrich, build, and grow their lives.” Through its comprehensive programs and services, CVHC has leveraged millions of dollars of private and public investments in the communities it serves, and has improved the quality of life of residents throughout its service area
.
Housing: Homeownership and Rental Housing
CVHC has built more than 4,000 multi- and single-family residences, creating more than 2,100 new homeowners and making CVHC the largest developer of low-income housing in Riverside County, and one of the largest residential developers of any kind in the Coachella Valley.
In its single-family housing division, CVHC serves low-income families who have a strong motivation to become homeowners but are unable to purchase housing at market price. Through the U.S. Department of Agriculture (USDA) Mutual Self-Help Housing program, CVHC assists families with forming an informal association where they agree to help each other build their houses, with assistance from professionals and volunteers.
Through its rental housing division, CVHC helps families and individuals looking for stable and decent housing and individuals with special needs who are not accommodated by the private market. Through its multi-family development department, CVHC has developed and owns 38 complexes, totaling more than 2,800 homes. The organization is known for its high-quality design and construction models and has won multiple awards for its rental complexes.
Recently, various communities have opened discussion on the potential for more affordable housing developments including local cities such as Palm Springs, Imperial, Indio and Palm Desert.

Community Programs and Engagement
CVHC offers an extensive set of programs primarily focused on education, including after-school tutoring, computer literacy programs and adult education. Its John Mealey Scholarship Fund, founded in 2002, has awarded scholarships totaling $600,000 to 700 resident students working to obtain associates, bachelors, and masters/professional degrees. In partnership with the County of Riverside, local unified school districts and other nonprofits, CVHC has developed diverse, comprehensive community service programs that help residents enhance their lives and access opportunities. CVHC has also created 10 after-school kids clubs, eight child development centers, 19 computer technology centers and other educational and recreational programs designed to serve the needs of residents of all ages.

CVHC is committed to assisting families become active participants in the community by providing a range of activities and programs, including mariachi band classes, ballet folklórico classes, summer camps, and community gardens. CVHC offers an online homebuyer education course as well as a credit counseling program to help individuals obtain the tools and knowledge to learn about the home buying process and prepare for home ownership.
Recent Accomplishments
• CVHC is proud to serve a diversity of tenant groups including seniors, veterans, families with special needs, farm workers, and large families.
• In 2017, CHVC funded and completed three different building projects - Villa Hermosa Apartments, Phase II (Indio, CA), Paseo de los Heroes III (Mecca, CA) Washington Street Apartments (La Quinta, CA).
• CVHC is actively engaged in discussions with community partners and nonprofits such as hospitals, health clinics, churches, and food banks as well as local government around new development opportunities.
• CVHC partnered with U.S. Vets, a national nonprofit that helps at-risk veterans and also with Desert AIDS Project, a nonprofit committed to enhancing and promoting the health and well-being of the Coachella Valley community; CVHC has engaged in strategic conversations with other service providers, such as local healthcare providers who are eager to provide transitional housing for recently discharged patients.
• CVHC continues to be actively invested in its internal staff development and has increased its focus on training and career development.
Governed by a 15-member board, CVHC serves its community with a staff of 47 and an operating budget of $11M. CVHC is a chartered member of NeighborWorks America® with exemplary status. CVHC receives funding from a variety of sources, including state and federal funding, NeighborWorks® America, LISC (Local Initiatives Support Corporation), foundations and corporate and individual donors.
For more information, please visit http://www.cvhc.org/.

Position Summary:

The Executive Director must bring a passion for affordable housing and community development and be interested in advocating on behalf of low-income communities’ needs at the local, state and federal levels. In addition to running the day-to-day operations and ensuring the organization’s financial viability, the Executive Director will continue to build out programs and services, joining an organization that places a high value on quality housing development and management, and caring for its own residents. The incoming Executive Director will succeed Julie Bornstein, a previous board member, who became the Executive Director in 2016 following founding director John Mealey.

Leadership Outlook and Near-Term Priorities

The Executive Director will advance the near-term strategic priorities identified by the Board and staff, which include:

Organizational Sustainability and Growth
• Maintaining CVHC’s overall organizational health and financial strength.
• Infusing innovation into CVHC’s business model in a way that reflects the evolving needs of the community, investigating new lines of business and/or geographic areas served.
• Continuing plans for the development of a larger building to serve as the CVHC headquarters.

Programs and Services
• Building an innovative real estate development pipeline, including single-family and multi-family developments.
• Expanding CVHC’s resident services, such as civic engagement, health/nutrition and financial literary, in multi-family developments.
• Launching the Urban Self-Help Homeownership Program.

Fundraising, Advocacy and Partnerships
• Creating a fundraising plan and endowment for CVHC to sustain resident services programs and other programs and services.
• Forging deeper relationships with local, regional, and state policymakers.
• Leading public policy and advocating for affordable housing opportunities.

Management and Leadership
• Working closely with the Board and staff to ensure a smooth leadership transition.
• Investing in staff development and increasing capacity and staff size; ensuring leadership succession plans are in place for all senior staff.
• Enhancing the diversity on staff and the Board to better reflect the community served.

Responsibilities:

The Executive Director will enhance CVHC’s regional and national profile while striving to innovate its business model and explore ways to increase CVHC’s reach within the Coachella Valley and beyond. Reporting to the Board of Directors and directly managing a five-person senior staff, the Executive Director will provide leadership to the organization and manage its day-to-day affairs. Primary responsibilities include:
• Maintaining focus on the mission to provide affordable housing in the region.
• Overseeing and enhancing day-to-day-operations.
• Overseeing all financial systems and ensuring fiscal accountability and integrity.
• Creating and implementing a sustainable business model to meet current and future needs of the community.
• Exploring new development opportunities, leveraging recent changes in state affordable housing legislation to secure sites and development rights throughout CVHC’s service area.
• Raising funds to finance housing projects, land development and other programs and resident services, including resources for a new headquarters building.
• Expanding CVHC’s political presence and its visibility to the general public.
• Deepening and expanding relationships with strategic community partners, lenders, investors and funders.
• Increasing staff size while maintaining a high degree of employee satisfaction and productivity.
• Collaborating with the Board of Directors and fully utilizing Board member strengths in an active committee structure.

Requirements:

The ideal candidate will bring a variety of experiences, characteristics and attributes to CVHC, including:

Skills and Experience
• 10-15 years of senior-level experience in housing, community development, or economic development; experience leading diverse teams.
• Deep understanding of the legal, political and financial aspects of affordable housing.
• Familiarity with the U.S. Department of Agriculture (USDA) Mutual Self-Help Housing program and low-income housing tax credit program.
• Political savviness; experience and demonstrated ability to work effectively with local, regional, state, and federal government.
• Strong business acumen and a high level of financial proficiency; an understanding of financial modeling for community development organizations is preferred.
• Experience in the affordable home building industry and knowledge about 501(c)(3) policies.
• Track record of obtaining funding from a variety of sources such as individual donors, foundations, state and federal government and business.
• Excellent written and verbal communication with individuals and groups; public speaking experience.
• Strong management and administrative skills.
• Past successful experience working with a Board of Directors is preferred.
• Familiarity with low-income communities and Spanish-speaking skills are desirable.

Qualities and Attributes
• A passion for CVHC’s work and its mission.
• Demonstrated commitment to housing and economic security efforts.
• A strong racial equity lens with a commitment to diversity, equity and inclusion; an understanding of the needs and desires of low-income families, especially farmworkers, and cultural sensitivity to immigrant populations.
• An inclusive mindset and sensitive to the needs of the LGBTQ community.
• Servant and respectful leadership style; compassionate and accepting of input from others.

Compensation:

Salary will be competitive with other nonprofits in the Indio area.

How to Apply:

To apply, upload resume and a cover letter including salary expectations that details your fit with the position's requirements to:

https://curawebservices.mindscope.com/RAFFA04463_CURA/Aspx/form.aspx?lan...

For other inquiries, contact Jill Fioravanti at Jill.Fioravanti@marcumllp.com. Resume reviews begin immediately.

CVHC is an Equal Opportunity Employer.

About Raffa – Marcum’s Nonprofit & Social Sector Group

On behalf of Coachella Valley Housing Coalition, Raffa – Marcum’s Nonprofit & Social Sector Group is working with the Board of Directors to advance the search. Founded in 1984 and recently merged with Marcum, Raffa is, and always has been, a mission-driven professional services firm seeking to do more for nonprofits and socially conscious companies like CVHC. Learn more about our work at http://marcumllp.com/industries/nonprofit-social-sector.

Executive Administrative Assistant Reinvestment Fund, Inc.
Philadelphia, PA
Job Function: Administrative/Operations/IT
Posted: January 24, 2020

Background:

Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality grocery stores, affordable housing, schools and health centers to the communities that need better access – creating anchors that attract investment over the long term and help families lead healthier, more productive lives.

Position Summary:

The Executive Assistant (EA) provides executive-level administrative support to the Chief Executive Officer, senior executive leaders, and Board and Committee members. The EA serves as the primary point of contact for internal and external constituencies on all matters pertaining to the Executive Office. The EA will work collaboratively and demonstrate a high level of professionalism and confidentiality as they effectively interact with senior staff, Board members, external constituents and all levels in the organization. The EA must be confidential, exercise good judgment and remain composed in a variety of pressure-filled situations.

This role will also serve as a professional role model and resource to other administrative assistants as they perform their jobs and manage multiple priorities in a fast-paced, results-oriented environment.

The EA must possess respectful verbal and strong written communication skills and have the ability to work independently. The EA will leverage systems-oriented thinking skills and the use of technology to continuously improve processes and build efficiencies.

Responsibilities:

• Performs a broad variety of administrative tasks for the Chief Executive Officer, such as managing all scheduling and details related to the calendar of appointments, preparing agendas, arranging detailed travel plans and itineraries. Compile all documents in preparation for meetings and travel-related meetings.
• Hospitality: Organize catering and room set up/break down for a variety of recurring meetings/ events held across the organization.
• Support coordination of Board events, including:
o Assist in travel and meeting logistics for Board members, their Committees and other advisory panels, including hotel and restaurant reservations.
o Answer questions related to and help process any expense reimbursements for Board members.
o Organization of, and reservations for Board dinners.
o May assist with dissemination of materials (i.e. Board packets, Committee Agenda & Materials, Conflict of Interest statements, etc.), recording of Conflict of Interest statements and taking meeting minutes as needed by the Corporate Secretary.
• Maintain discretion and confidentiality in relation to Board members and business matters of the Reinvestment Fund.
• Take minutes of departmental meetings and working groups across the organization as requested.
• Provide administrative support, scheduling and calendar management to senior executive leaders.
• Collect expense documentation and process expense reports from senior leaders as requested.
• Support HR in scheduling events such as quarterly all-staff meetings, and issue area meetings.

Requirements:

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

Education and Experience
• Minimum of seven (7) years administrative experience supporting C-suite executives preferably in an entrepreneurial organization.
• Bachelor’s degree in related field and/or combination of education and experience preferred.
• Experience with board level interaction and support required.

Skills
• Proficient in Microsoft Word (Word, Excel, PowerPoint), Outlook, social media web platforms.
• Experience with meeting scheduling software and SharePoint required.
• Excellent organizational skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail.
• Proven ability to handle confidential information with discretion, be adaptable to various competing demands and demonstrate highest level of customer/client service and response.
• Strong interpersonal skills and ability to build relationships with stakeholders including staff, Board members, external partners and customers.
• Effective written and verbal communications skills.
• Demonstrated proactive approaches to problem-solving with strong decision-making capability.
• Resourceful and mature team player with ability to work independently and jump in as needed with other team members.

Core Competencies
The EA provides support for the Executive team acting with minimal supervision, anticipating needs while managing the day-to-day workflow and prioritizing various projects.
• Verbal & Written Communication
• Organizational Skills
• Time Management
• Detail-Oriented
• Anticipates Need

EXPECTATIONS FOR ALL EMPLOYEES
Supports Reinvestment Fund’s mission, vision, and values by exhibiting the following competencies: Commitment to Reinvestment Fund, ethical behavior/integrity, and respect for coworkers, Reinvestment Fund boards and committees, investors and borrowers, and clients.

Compensation:

Reinvestment Fund offers a competitive salary based on experience and skills, including participation in the Company’s performance plan as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) savings plan with employer match, flexible spending accounts (medical, dependent care, and transportation), tuition reimbursement, generous paid time off, and EAP program. As part of its professional development program, the company pays for CPE credits and time off to attend classes as required by its professional staff.

How to Apply:

Complete the online employment application available on our website at www.reinvestment.com. Please attach your resume and a cover letter which includes your salary requirement.

Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job related disabilities, or status as a veteran. Reinvestment Fund is committed to diversity, equity and inclusion (DEI) throughout our Organization and in our external investment practices.

Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.

Senior Loan Officer Enterprise Community Loan Fund (ECLF)
Los Angeles , CA
Job Function: Lending/Loan Operations
Posted: January 24, 2020

Background:

Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org.The Enterprise Community Loan Fund has an immediate opening for a Senior Loan Officer position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.

Position Summary:

Reporting to the Chief Lending Officer, the Senior Loan Officer is responsible for underwriting loan requests in support of community development projects with particular emphasis on affordable housing and community facilities, including both interim/bridge, New Market Tax Credits leverage loans and permanent term loans. The position will support ECLF’s lending activities across its national footprint. The responsibilities also include managing a defined portfolio of loans from origination through repayment. The Senior Loan Officer is also expected to be the staff lead for ECLF’s local lending initiatives working collaboratively with local staff of Enterprise Community Partners.

The Senior Loan Officer is expected to develop and maintain relationships with community development organizations and other relevant groups for the regions in which he/she works, as well as field representatives of Enterprise. The position requires an experienced professional with strong analytical, financial and relationship management skills.

Responsibilities:

Specific responsibilities include:

Contribute to production goals by identifying lending opportunities, and originating new loans upon referral through the Enterprise system and external partners.
Structure and negotiate financing proposals/commitments and prepare comprehensive written loan packages for review and approval by management or Loan Committee for both direct financing by ECLF and financing through various off-balance sheet funds.
Review and interpret third party due diligence reports, including appraisals, market assessments, entitlement/zoning classifications, and environmental reports to determine transaction viability and appropriate loan structure.
Coordinate the preparation of commitment letters and loan documents with attorneys.
Manage the closing process, including internal and external closing counsel, and the collection, review, approval and execution of all closing items.
Manage an existing portfolio of loans, including annual site visits, timely review of financial statements, review and approval of disbursement/funding requests, monitoring for covenant compliance and processing modification and extension requests.
Maintain loan files in audit-ready condition to ensure accuracy and completeness.
Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Community Investment and Bellwether Enterprise to coordinate and leverage Enterprise resources ?grants, loans and equity? in project development and advancement of the Enterprise strategic plan.
Assist with other projects as needed.

Requirements:

Undergraduate degree required; advanced degree in business, finance or related field preferred.
Seven years of commercial real estate lending experience with three ?3? years of multi-family affordable housing and/or community facilities. Community development underwriting and knowledge of various housing programs and the broader community development field is a plus.
Demonstrated experience in preparing and negotiating complex, multi-layered transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation.
Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of an organization.
Strong business development, analytical, communication, and problem solving skills, with working knowledge of spreadsheet programs.
Detailed analytical skills with database management and spreadsheet knowledge.
Familiarity with federal, state and local community development programs, particularly programs that finance charter schools, federally-qualified health centers and affordable housing.
Ability to travel up to 30% of the time.

Compensation:

Commensurate with experience

How to Apply:

https://careers.enterprisecommunity.com/Careers.aspx?adata=EKOZn3aehrrNs...

Loan Officer Enterprise Community Loan Fund (ECLF)
Los Angeles , CA
Job Function: Lending/Loan Operations
Posted: January 24, 2020

Background:

Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org.The Enterprise Community Loan Fund has an immediate opening for a Loan Officer position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.

Position Summary:

Reporting to the Chief Lending Officer, the Loan Officer is responsible for underwriting loan requests in support of community development projects with particular emphasis on affordable housing and community facilities, including both interim/bridge, New Market Tax Credits leverage loans and permanent term loans. The position will support ECLF’s lending activities across its national footprint. The responsibilities also include managing a defined portfolio of loans from origination through repayment. The Loan Officer is also expected to be the staff lead for ECLF’s local lending initiatives working collaboratively with local staff of Enterprise Community Partners.

The Loan Officer is expected to develop and maintain relationships with community development organizations and other relevant groups for the regions in which he/she works, as well as field representatives of Enterprise. The position requires an experienced professional with strong analytical, financial and relationship management skills.

Responsibilities:

Specific responsibilities include:

Contribute to production goals by identifying lending opportunities, and originating new loans upon referral through the Enterprise system and external partners.
Structure and negotiate financing proposals/commitments and prepare comprehensive written loan packages for review and approval by management or Loan Committee for both direct financing by ECLF and financing through various off-balance sheet funds.
Review and interpret third party due diligence reports, including appraisals, market assessments, entitlement/zoning classifications, and environmental reports to determine transaction viability and appropriate loan structure.
Coordinate the preparation of commitment letters and loan documents with attorneys.
Manage the closing process, including internal and external closing counsel, and the collection, review, approval and execution of all closing items.
Manage an existing portfolio of loans, including annual site visits, timely review of financial statements, review and approval of disbursement/funding requests, monitoring for covenant compliance and processing modification and extension requests.
Maintain loan files in audit-ready condition to ensure accuracy and completeness.
Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Community Investment and Bellwether Enterprise to coordinate and leverage Enterprise resources ?grants, loans and equity? in project development and advancement of the Enterprise strategic plan.
Assist with other projects as needed.

Requirements:

Undergraduate degree required; advanced degree in business, finance or related field preferred.
Three years of commercial real estate lending experience with preference for experience in multi-family affordable housing and/or community facilities. Community development underwriting and knowledge of various housing programs and the broader community development field is a plus.
Demonstrated experience in preparing and negotiating complex, multi-layered transactions and balancing the programmatic needs of community based organizations with sound underwriting judgment and risk mitigation.
Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of an organization.
Strong business development, analytical, communication, and problem solving skills, with working knowledge of spreadsheet programs.
Detailed analytical skills with database management and spreadsheet knowledge.
Familiarity with federal, state and local community development programs, particularly programs that finance charter schools, federally-qualified health centers and affordable housing.
Ability to travel up to 30% of the time.

Compensation:

Commensurate with experience

How to Apply:

https://careers.enterprisecommunity.com/Careers.aspx?adata=EH9mJVfS7oX3a...

Credit Analyst Enterprise Community Loan Fund (ECLF)
Columbia, MD
Job Function: Credit
Posted: January 24, 2020

Background:

Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.

***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA

Position Summary:

Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.

Responsibilities:

Specific responsibilities include:

Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.

Requirements:

Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.

Compensation:

Commensurate with experience

How to Apply:

https://careers.enterprisecommunity.com/Careers.aspx?adata=EIXITXK7jap%2...

Credit Analyst Enterprise Community Loan Fund (ECLF)
Denver , CO
Job Function: Credit
Posted: January 24, 2020

Background:

Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.

***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA

Position Summary:

Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.

Responsibilities:

Specific responsibilities include:

Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.

Requirements:

Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.

Compensation:

Commensurate with experience

How to Apply:

https://careers.enterprisecommunity.com/Careers.aspx?adata=EEO2GWBagP8iU...

Credit Analyst Enterprise Community Loan Fund (ECLF)
Seattle, WA
Job Function: Credit
Posted: January 24, 2020

Background:

Enterprise Community Loan Fund (ECLF) is a certified community development financial institution and a member of the Enterprise family of companies. Since its founding in 1982, Enterprise, our controlling entity, has raised and deployed more than $43.6B in equity, grants and loans to support low income people and low-income communities including building or preserving nearly 585,000 affordable rental homes. For more information about Enterprise, please visit our website at www.enterprisecommunity.org. The Enterprise Community Loan Fund has an immediate opening for a Credit Analyst position. The position would have lending and portfolio responsibilities throughout Enterprise’s national footprint.

***We have 2 openings which can be located in either Columbia, MD; Denver, CO and Seattle, WA

Position Summary:

Reporting to the Director of Lending, the Credit Analyst is responsible for a variety of tasks associated with supporting ECLF’s Loan Officers, Director of Lending, Chief Lending Officer (CLO) and Chief Credit Officer (CCO) in underwriting, closing, and asset management of community development loans with particular emphasis on affordable housing and community facilities. In particular, the Credit Analyst will support the Loan Officers by performing financial analyses, third party review assessments, site visits, and various asset management tasks including but not limited to covenant compliance, financial reporting, loan modifications and annual reviews.

Responsibilities:

Specific responsibilities include:

Produce financial analysis of both for- and non-profit sponsors and/or guarantors.
Support Loan Officers by conducting thorough due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports and site inspections.
Participate in the loan closing process by reviewing loan documents and/or due diligence items required to close a loan.
Support the portfolio management function by providing financial analysis of existing sponsors, completing portfolio reviews, completing recommendations for modifications, drafting simple modifications, assisting with workout plans for troubled loans, reviewing loans for covenant compliance and performing site visits.
Assist with other projects as needed.

Requirements:

Undergraduate degree in business, finance, real estate, urban planning or related field is required; advanced degree in business, finance or related field preferred.
Three years of work experience.An advanced degree in business, finance, real estate, urban planning o related field can substitute for 2 of the 3 years of required work experience.
Experience in real estate-based or business lending, including credit analysis.
Proficiency in analyzing financials of nonprofit and for-profit organizations and real estate operations (in particular, rental housing and community facilities).
Experience with reviewing due diligence items required to close real estate transactions including but not limited to appraisals, environmental, and construction cost review reports.
Knowledge of the closing process and loan documents utilized in real estate transactions.
Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
Experience working with both private sector financial institutions and public agencies.
Excellent written and verbal communication skills are required.
Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
Excellent skills in managing multiple tasks requiring strong attention to detail
Ability to work effectively in a team environment.
Ability to travel.

Compensation:

Commensurate with experience

How to Apply:

https://careers.enterprisecommunity.com/Careers.aspx?adata=EPDzguDFmh9eY...

Vice President, Philanthropic Planning Community Foundation Sonoma County
Santa Rosa, CA
Job Function: Fundraising
Posted: January 22, 2020

Background:

ABOUT COMMUNITY FOUNDATION SONOMA COUNTY (CFSC)

Based in Santa Rosa, CA, CFSC has, for the last 35 years, leveraged its local knowledge and love of place to bring together community-minded donors and diverse nonprofit grantees to catalyze change in health and human services, emergency response, education, environment, arts and culture, and animal welfare. In 2018, CFSC held assets at $178 million, received contributions totaling $18.3 million, and awarded $13.5 million in grants to the community. CFSC is today recognized as the only Sonoma County organization poised to both harness the generosity of those who have been fortunate enough to have philanthropic resources, and to serve as their partners in making catalytic charitable investments.

Now, both the community and the Foundation stand at an inflection point, and the next five years will mark an exciting period of growth for CFSC as its new business model will provide a menu of opportunities for donors to better leverage their funds for local community investment. To this end, CFSC has charted a course with bold growth strategies through 2023, projecting to increase its assets by 35%, its contributions by more than 50%, and its grants made into the community by more than 75%. Building on its legacy of community partnership and on the momentum of having raised a $15M Resilience Fund for disaster recovery, CFSC is moving toward a new philanthropic model focused on impact and characterized by transformational relationships with donors that are inspired to “invest with” rather than simply “giving through” the Foundation.

Position Summary:

Vice President, Philanthropic Planning - Community Foundation Sonoma County

Responsibilities:

Vice President, Philanthropic Planning - Community Foundation Sonoma County

Requirements:

ABOUT THE OPPORTUNITY

In this period of extraordinary growth, this is an opportunity to lead work that really matters with a staff that genuinely cares; to have a seat at the table in a generous community that takes note of, appreciates and fuels your work; to support a community in need and to see the fruits of your labors daily in the news.

Reporting to the CEO, the Vice President, Philanthropic Planning (VP) will form an integral part of the executive team at CFSC, and in turn lead a team of six passionate, high performing colleagues in executing CFSC’s business plan and delivering on its growth goals.

The VP will draw on expertise in individual giving to lead an enterprise development operation, implement CFSC’s new impact-focused business plan, and drive significant growth of philanthropic revenue. The VP will serve as a key ambassador for CFSC in Sonoma County, developing and stewarding relationships that help donors find meaning, within a context of both deep community service orientation and quickly changing demographics.

PRIMARY DUTIES AND RESPONSIBILITIES

Financial Resilience and Philanthropic Advising

-Designs, implements and institutionalizes strategies to substantially increase assets, contributions, and grants over a 5-year horizon, consistent with the Foundation’s business model

-Builds CFSC’s fundraising capacity to support organization’s endowment, donor advised funds, fields of interests, and other initiatives through thought partnership with senior leadership, board of directors, and advisory boards

-Serves as principal contact for potential donors as “face of the Foundation”, with emphasis on individual major giving and planned giving

-Leads development of fundraising skills among executives and board; supports a culture of philanthropy at the Foundation

-Educates and engages professional advisors about Foundation services that could help meet their clients’ philanthropic objectives

Department Oversight

-Sets and monitors department goals and objectives, including meeting or exceeding targets and areas including donor identification, cultivation, and development

-Provides direct oversight of four employees in the Philanthropic Planning Department including performance evaluation, role designation, mentoring, and coaching

-Recommends hires and conducts interviews and training, as relevant

Operational Excellence

-Strengthens the Foundation’s individual giving program by reinforcing and introducing formalized moves management methodologies and systems; establishes a culture of active fundraising through strategic management of the donor pipeline

-Establishes KPIs and relevant metrics to track philanthropic fundraising against growth goals while inspiring the Philanthropic Planning Department staff to reach targets; communicates progress to Foundation senior leadership team and Board of Directors, as relevant

-Leads the creation and implementation of internal philanthropic reports and external fundraising collateral to augment currently available materials and best practices in development; oversees communications and branding efforts

QUALIFICATIONS

-Mission-driven and connected to CFSC’s values; passion and commitment to supporting work that both promotes equity and helps to build a thriving community

-Experience with fund development in foundation, non-profit, or wealth-management setting; demonstrated experience raising and stewarding 7+-figure gifts (including major and/or planned gifts), and managing an 8+-figure portfolio

-Minimum of 7 years of development or related experience working with high net worth families, with strong knowledge of charitable tax laws, foundation funding, philanthropy, and nonprofits

-Ability to favorably represent the organization to external audiences; capable facilitator with quality written, oral, and presentation skills

-Charisma and gravitas to advocate for the Philanthropic Planning Department among a highly sophisticated executive team

-Relationship-based, team-oriented, emotionally intelligent senior leader; strong internal and external customer service ethos including, personal warmth, humility, and sincerity

-Advanced organizational and management skills, as well as strategic thinking ability

-Ability to manage several projects simultaneously and meet deadlines, while adhering to high standards of personal and professional integrity

-Appetite for working within a context of exceptional growth

-Familiarity with and experience fundraising within the Bay Area giving landscape (especially in the North Bay) is preferred

Compensation:

Please refrain from contacting CFSC directly; all inquiries should be directed to Schaffer&Combs at CFSC-VPPhilanthropy@schaffercombs.com

How to Apply:

HOW TO APPLY

CFSC has retained Schaffer&Combs, a certified B Corporation, to support this search. In order to apply, please submit a current résumé and thoughtful cover letter that explains your interest and outlines your relevant skills and experience to the following link: https://schaffercombs.com/executive-search/current-searches/?gh_jid=4533....

All qualified applicants will receive consideration without discrimination on the basis of race, color, religion, gender, national origin, ancestry, age, marital status, pregnancy, medical condition, disability, or sexual orientation. As an equal opportunity employer, CFSC is committed to identifying and developing the skills and leadership of people from diverse backgrounds. People of color, differently-abled people, and LGBT persons are strongly encouraged to apply.

Please refrain from contacting CFSC directly; all inquiries should be directed to Schaffer&Combs at CFSC-VPPhilanthropy@schaffercombs.com.

Applications will be accepted on a rolling basis until the position is filled.

Pages

Print Friendly, PDF & Email