Background:
Global Partnerships (GP) is an impact-first investor dedicated to expanding opportunity for people living in poverty. Impact-first investing means investing in a way that seeks the greatest possible social impact, while seeking to preserve capital with a modest financial return for investors. GP believes that impact-first investing has an essential role to play in advancing sustainable solutions to poverty for millions of people worldwide.
GP creates and manages impact-first investment funds that make loans and early stage investments in social enterprises serving people living in poverty in less developed countries, primarily in Latin America and Africa. The GP team is comprised of mission-driven, dedicated, high-performing colleagues working primarily from offices in Seattle, WA, Bogotá, Colombia, and Nairobi, Kenya. To learn more about Global Partnerships, please visit our website at www.globalpartnerships.org.
Position Summary:
Responsibilities:
ROLE AND RESPONSIBILITIES
The Research and Impact function is a small, strategic function within GP’s Capital and Impact Team (CIT). The purpose of the function is to help the organization aim its investments to achieve clear, compelling levels of social impact and follow through to be sure its investments are delivering the desired outcomes. The Research and Impact Officer will play a critical role in delivering on this mandate within GP’s portfolio in Sub-Saharan Africa (SSA), as well as GP’s Global (multi-country) portfolio and potential expansion into Asia.
The Research and Impact Officer will work out of the SSA regional office in Nairobi (though in the near-term the team is largely working from home amidst the pandemic) and will report to the Director of Investment Research and Impact based in Seattle, WA. The Research and Impact Officer will work closely with both the CIT and the Social Investment Team (SIT), which leads business development, loan origination, credit analysis, and capital recovery for GP’s debt funds.
This role will be responsible for the following:
• Managing GP’s impact-first partner screening and selection in the SSA region and Global portfolio:
o Working with the regional SIT to identify high potential leads within GP’s investment initiatives; conducting early impact data collection, responsible lending screening, and analysis of credit worthiness, credible use, and alignment
o Authoring investment briefs, summarizing the investment opportunity, key performance indicators, and the impact case for investment
o Managing the regional pipeline (process, communication, and deliverables) to ensure timely, high-quality, impact-first recommendations
o Supporting Portfolio Directors in pre-due diligence impact data collection, analysis, and field visit preparation; identifying key impact risks and pending questions, and areas/methods for investigation during diligence
o Participating as needed in screening and due diligence visits (or remote sessions) and preparing updates to the investment brief
o Developing and maintaining highly professional, trust-based relationships with partners, in collaboration with Portfolio Directors and other colleagues
• Executing impact monitoring, targeted analysis, and strategic research:
o Developing analytical frameworks at the product/service, enterprise, initiative, fund, and/or portfolio level
o Conducting ongoing and targeted data collection, monitoring, and analysis of partner impact data; working with Excel databases and the iLevel data collection platform
o Identifying emerging, material patterns in the data and conducting targeted, action-oriented analysis to strengthen GP’s impact-first investment strategy
o Conducting new market assessments and delivering concise, structured reports
o Conducting initiative, market, and thematic research to support GP’s continuous improvement of our impact-first investment strategy, with an emphasis on sustainable, scalable business models that create impact at the household level
o Supporting impact management in GP’s Social Venture Fund as needed
o In addition, the Research and Impact Officer should be ready and able to contribute to any other investment strategy, analysis, and research activities as needed
Requirements:
SELECTION CRITERIA
Core Capabilities
• Strong analytical and strategic thinking skills, with the ability to cut through complex issues, design analytical frameworks, identify key takeaways, and deliver actionable insights
• Demonstrated ability to collaborate both within and across teams, and flexibility to work across various projects and functions
• Excellent oral and written communication skills, capable of highly professional engagement with colleagues and partners
• Capacity to build trust-based relationships across cultural, language, and socio-economic differences, including within remote global teams
• Self-motivated work ethic, with track record of proactive engagement and ability to see tasks through to completion independently
• Highly organized and capable of balancing multiple priorities, with excellent attention to detail and thoughtful knowledge management
• Has a passion for GP’s mission to expand opportunity for people living in poverty
• Embodies GP’s culture: Dedicated, Strategic, Collaborative, Aspirational, Learning, and Excellence
Qualifications
• 2-5 years of relevant professional experience in business analysis, strategy development, investment or market research, program management, management consulting, finance, or other relevant fields
• 1-3 years of work experience in Sub-Saharan Africa required, along with desire to continue working in the region for 3+ years; experience working in remote global teams preferred
• Experience in social enterprise work, impact investing, and/or ESG risk assessment and underwriting preferred
• Proficiency in Excel and PowerPoint required
• Undergraduate degree required with strong academic track record; MBA, MPA or other relevant master’s degree preferred
• Willingness to travel within the region at least once per quarter (though near-term travel will be minimal amidst the pandemic)
• Business language fluency in English required; French business fluency strongly preferred (minimum intermediate French required)
• Ability to reside and work legally in Kenya
Compensation:
How to Apply:
If interested, please follow the below link to apply.
https://recruiting.paylocity.com/recruiting/jobs/Details/480827/Global-P...
Failure to do so may cause a delay in reviewing your application. Interviews with final candidates are required.
Required Application Documents:
• Brief cover letter
• Resumé
Global Partnerships is an equal opportunity employer. Diverse candidates are encouraged to apply. Global Partnerships will not discriminate based on ethnic origin/race, color, religion, age, sex, national origin, disability, marital status, genetics, protected veteran status, sexual orientation, gender identify, or any other characteristic protected by applicable law.
Applications will be accepted and reviewed on a rolling basis. For priority consideration, please apply by April 3rd, 2021.
Due to the volume of applications, we will contact only those candidates selected for interviews – no follow-ups, please.
Finalists will be asked to submit references, including name, email, and phone number, of at least two former supervisors. All offers will be contingent upon reference checks as well as a background check.
Background:
Primary Care Development Corporation (PCDC): Catalyzing Excellence in Primary Care
Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity.
PCDC’s Capital Investment Practice invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve. PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental, and behavioral health services. PCDC provides strategic advice to help organizations that are preparing for growth and an expansion of services or planning facility development projects and offers a variety of affordable and flexible short-term and long-term loan solutions to support capital projects as well as other business and service expansions. PCDC’s Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. To fund our loans, we raise impact investment capital to enable is to deliver flexible, affordable capital solutions to our clients. We also partner with other community development lenders and advocates dedicated to catalyzing excellence in primary care to ensure we can meet a client’s needs, regardless of project size.
Position Summary:
Position Overview
The Capital Investment Underwriter will play a central role in the growth and expansion of PCDCs lending business nationally. The Underwriter will be responsible for overseeing the underwriting and closing process for loans and New Markets Tax Credit (NMTC) transactions, providing technical assistance to Capital Investment staff and underwriting specific transactions, working closely with the Chief Credit Officer and Chief Lending Officer. The Underwriter will partner internally to support the achievement of budgeted goals, contribute to process improvements, and ensure transactions conform with PCDC’s impact and credit standards. The Underwriter will report to the Chief Credit Officer.
Responsibilities:
Job Responsibilities:
The Underwriter is accountable for leading and overseeing the underwriting and closing of loan and NMTC transactions.
Work with borrowers through the underwriting and closing processes, assessing the viability of potential borrowers and projects, performing financial analyses and due diligence, structuring loans and NMTC, preparing and presenting credit proposals, and negotiating financing terms in accordance with credit policy and guidelines.
Maintain knowledge of PCDC target geographic markets, particularly New York State and Los Angeles County, and trends in these markets and the national footprint. Disseminate knowledge to colleagues to inform Capital Investment practice.
Maintain good working knowledge of the PCDC’s lending policies and procedures and identify exceptions to credit policy
Structure transactions appropriately that meet client’s needs and PCDC credit standards and program requirements
Prepare commitment letters and loan and NMTC documentation in accordance with policy and committee approvals
Lead the closing process for approved loans and NMTC financing including the negotiation and drafting of legal documents and coordination of closing due diligence from loan officers, borrowers, counsel, and deal team partners and professionals
Prepare comprehensive, thorough, and in-depth written analysis of loan and NMTC financing and present written and oral recommendations to the Chief Credit Officer and loan committees
Provide technical assistance to Capital Investment team members including structuring assistance, underwriting and closing support, and guidance to ensure compliance with PCDC’s underwriting criteria and NMTC program requirements
Perform comprehensive underwriting of loan and NMTC transactions, including structuring, conducting due diligence and financial analyses, and preparing credit recommendation memos
Ensure effective and productive communication and coordination with Capital Investment staff to ensure efficient processes and sound risk and asset management practices
Requirements:
Qualifications:
Minimum of five years lending experience in community development and/or community facility financing, including underwriting and administration of construction loans, preferably with a CDFI or other community development lender
Experience in real estate development or health care financing preferred
Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
In-depth knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit risk management
Knowledge of, or commitment to, the healthcare industry and primary healthcare
Strong oral and written communication skills, including experience speaking publicly
Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
Self-motivated, have a positive attitude, and be enthusiastic to work in a start-up and entrepreneurial environment
Ability to travel throughout the U.S., including a valid driver’s license
Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred
Strong financial analysis skills, particularly with nonprofit accounting
Strong communicator and relationship builder with the ability to forge deep community relationships
Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
High degree of self-motivation, creativity, and flexibility
Excellent teamwork and strong time management skills are essential.
Compensation:
How to Apply:
https://primarycaredevelopmentcorporation.applytojob.com/apply/iA5073cQB...
Background:
Primary Care Development Corporation (PCDC): Catalyzing Excellence in Primary Care
Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity.
PCDC’s Capital Investment Practice invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve. PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental, and behavioral health services. PCDC provides strategic advice to help organizations that are preparing for growth and an expansion of services or planning facility development projects and offers a variety of affordable and flexible short-term and long-term loan solutions to support capital projects as well as other business and service expansions. PCDC’s Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. To fund our loans, we raise impact investment capital to enable is to deliver flexible, affordable capital solutions to our clients. We also partner with other community development lenders and advocates dedicated to catalyzing excellence in primary care to ensure we can meet a client’s needs, regardless of project size.
Position Summary:
Position Overview
The Capital Investment Loan Officer, Business Development will play a central role in the growth and expansion of PCDCs lending business nationally. The Loan, Officer, Business Development will be responsible for cultivating relationships, building pipeline, and structuring loans and New Markets Tax Credit (NMTC) transactions, working closely with colleagues in the Capital Investment team. Primary responsibilities include: identifying viable opportunities, developing capital solutions, structuring terms, coordinating due diligence; analyzing financial statements; performing the initial analysis; preparing and presenting proposals to the Chief Lending Officer and Chief Credit Officer. The Loan Officer, Business Development will partner internally to support the achievement of budgeted goals, contribute to process improvements, develop networks, and ensure transactions conform with PCDC’s impact and credit standards. The Loan Officer, Business Development will report to the Chief Lending Officer.
Responsibilities:
Job Responsibilities:
The Loan Officer, Business Development is accountable for loan origination activities, including sourcing, cultivating, structuring, and analyzing transactions.
Identify opportunities and cultivate relationships across the spectrum of community health practices supported by PCDC’s lending program through the U.S. with emphasis on PCDC’s target geographic markets
Engage with clients to understand needs and develop effective financing solutions to meet those needs and conform to PCDC impact and credit standards.
Develop prospects and build pipeline of viable financing opportunities that meet short-term and long-term team and enterprise goals and strategy.
Work with borrowers through all stages of the financing process, from sourcing new clients and projects, assessing the viability of potential borrowers and projects, conducting financial analyses, and structuring loans and NMTC, preparing and presenting credit proposals, and negotiating financing solutions in accordance with credit policy and guidelines.
Develop and maintain knowledge of PCDC target geographic markets and identify evolving trends, risks and opportunities. Disseminate knowledge to colleagues to inform Capital Investment practice.
Cultivate and maintain strong relationships with current and future borrowers, key stakeholders, and partners.
Ensure efficient and productive communication and coordination with the Chief Credit Officer and the portfolio management staff to ensure sound risk and asset management practices.
Requirements:
Qualifications:
Minimum of five years lending experience in community development and/or community facility financing, including underwriting and administration of construction loans, preferably with a CDFI or other community development lender
Experience in real estate development or health care financing preferred
Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
In-depth knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit risk management
Knowledge of, or commitment to, the healthcare industry and primary healthcare
Record of successful business development
Strong oral and written communication skills, including experience speaking publicly
Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
Self-motivated, have a positive attitude, and be enthusiastic to work in a start-up and entrepreneurial environment
Ability to travel throughout the U.S., including a valid driver’s license
Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred
Strong financial analysis skills, particularly with nonprofit accounting
Strong communicator and relationship builder with the ability to forge deep community relationships
Experience in building, managing, and deepening client relationships.
Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
High degree of self-motivation, creativity, and flexibility
Excellent teamwork and strong time management skills are essential.
Compensation:
How to Apply:
https://primarycaredevelopmentcorporation.applytojob.com/apply/0rk6G6dN2...
Background:
Primary Care Development Corporation (PCDC): Catalyzing Excellence in Primary Care
Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity.
PCDC’s Capital Investment Practice invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve. PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental, and behavioral health services. PCDC provides strategic advice to help organizations that are preparing for growth and an expansion of services or planning facility development projects and offers a variety of affordable and flexible short-term and long-term loan solutions to support capital projects as well as other business and service expansions. PCDC’s Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. To fund our loans, we raise impact investment capital to enable is to deliver flexible, affordable capital solutions to our clients. We also partner with other community development lenders and advocates dedicated to catalyzing excellence in primary care to ensure we can meet a client’s needs, regardless of project size.
Position Summary:
Position Overview
The Capital Investment New Market Tax Credit (NMTC) Manager will play a central role in managing our growing portfolio of NMTC investments in community-based healthcare providers. The NMTC Manager will be responsible for overseeing PCDC’s compliance with the US Department of Treasury’s CDFI Fund NMTC program requirements throughout the sourcing, origination, underwriting, structuring, closing, and asset management of NMTC transactions. The NMTC Manager will report to the Chief Credit Officer.
Responsibilities:
Job Responsibilities:
Oversee all stages of the NMTC financing process and provide compliance guidance to the Capital Investment team staff, from evaluating potential borrowers and projects, conducting initial NMTC eligibility and compliance tests, evaluating NMTC projections, structuring transactions, drafting credit proposals, ensuring ongoing compliance throughout the seven year compliance period and through the unwind in accordance with NMTC program standards
Review and summarize relevant partnership agreements, operating agreements, loan agreements and related documents for compliance and reporting requirements
Manage periodic investor distributions to ensure compliance with partnership agreements and tax credit regulations.
Maintain a thorough and up-to-date understanding of the tax and compliance requirements related to NMTC and monitor developments in the industry related to tax credit compliance. Disseminate knowledge to colleagues to inform Capital Investment practice and PCDC’s NMTC program.
Manage and coordinate the preparation of the NMTC application with Capital Investment and Finance teams and consultants
Identify and recommend process and system improvements as they relate to all aspects of NMTC compliance and reporting
Manage reporting to the CDFI Fund; maintain timely entries in AMIS through all stages of NMTC transactions from closing to unwind and close out, and annual and interim CIIS reporting
Manage the preparation of periodic investor reports
Monitor and coordinate disbursements to ensure program compliance
Maintain a culture of quality customer service at all points of contact with internal and external clients, Capital Investment team, staff, board and committee members, lending partners and professionals.
Cultivate and maintain strong relationships with current and future borrowers, key stakeholders, and partners
Ensure efficient and productive communication and coordination with the Chief Credit Officer, Chief Lending Officer, and the Capital Investment team staff to ensure sound compliance practices
Requirements:
Qualifications:
Minimum of three years lending experience in community development and/or community facility financing, preferably with a CDFI or other community development lender
Demonstrated experience in program management, financial analysis, and compliance monitoring
Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
In-depth knowledge of lending products and services, compliance or monitoring for complex tax credit transactions (ideally NMTC or LIHTC)
Knowledge of, or commitment to, the healthcare industry and primary healthcare
Strong oral and written communication skills
Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
Self-motivated, with a positive attitude
Experience reading and understanding complex legal documents, nonprofit financial statements, and NMTC projections
Outstanding interpersonal skills, ability to communicate and representing PCDC externally
High degree of self-motivation and ability to work independently
Excellent teamwork and strong time management skills are essential.
Compensation:
How to Apply:
https://primarycaredevelopmentcorporation.applytojob.com/apply/PqRSiGyc7...
Background:
THE COMPANY
The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well-being for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.
Position Summary:
Location: San Francisco, CA; Los Angeles, CA; New York, NY; or Washington D.C.
POSITION SUMMARY:
The Associate is responsible for supporting the asset management and compliance/administration of a portfolio of Funds and other Structured Products which use LIIF’s capital to leverage other external financing sources, including conventional bank debt, CDFI or other mission-aligned financing, philanthropic funds, or state/federal subsidies. LIIF combines these multiple funding sources to support the development of affordable housing, charter school, community health care, child care or mixed-use facilities. The Associate will serve as a critical support for all LIIF-managed Funds and federal programs that enhance LIIF’s core lending activities.
REPORTING RELATIONSHIPS:
The Associate reports to the Deputy Director, Structured Products, and is part of the Structured Products team. This position will also work closely with the regional lending, loan administration, asset management, legal/compliance, and finance teams.
As part of the broader Community Initiatives & Programs team, the Associate ultimately works to support the achievement of regional and overall Lending work plan goals by providing loan administration, compliance, and data analysis support to LIIF’s Structured Products team.
Responsibilities:
MAJOR DUTIES AND RESPONSIBILITIES:
Federal Programs: The Associate will assist with the administration of LIIF’s federal programs that are used to enhance LIIF’s fund structures and core lending activities, including the Capital Magnet Fund, Healthy Food Financing Initiative (HFFI), and Bond Guaranty Program (BGP). Activities include:
• Work with Federal Program’s team to update / keep current all processes, pipelines, worksheets, eligibility checklists, etc. to assure smooth, accurate, and up-to-date information flow between
Loan Officers and Federal Program staff.
• Assist in tracking all compliance requirements for each program.
• Capital Magnet Fund / HFFI: manage the project eligibility approval process, evaluate eligibility documentation, tracking the pipeline of projects and availability of funds, provide information to Loan
Officers as needed, assist with compliance reporting;
• Bond Guaranty Program: lead BGP requisition process, handle various reporting requirements (PLM, Pledged Asset Report, and others as needed).
Ongoing Fund Management:
The Associate is responsible for the ongoing asset management of a portfolio of Funds that involve multiple external stake holders, including Investors, credit enhancement providers or partnering
Lenders. As a result, the Associate serves as a critical point support for all LIIF-managed Funds and ensures all related Fund obligations are met.
Ongoing Fund management responsibilities include:
• Compliance and Investor Reporting: Compile any reporting required by Investors, partnering Lenders, or Foundations. This may involve working closely with LIIF’s asset management, legal and
finance teams or other partner Lenders to collect the required loan or organizational data.
• Fund Standards & Processes: Work closely with the Fund team to ensure LIIF is compliant with the Standards & Processes developed for each Fund.
• Loan Management System Data: Work with LIIF Finance and Information Technology teams to maintain accurate Fund loan data in LIIF’s loan management systems (nCino and LMS), and
coordinate with the Portfolio Manager, Finance, and Loan Administration to resolve data issues related to Fund loans.
• Fund Loan Support: The Associate is responsible for supporting the originations and asset management activity for loans within closed Funds. Key activities include:
• Support Pipeline Management and Loan Approvals: Support the monitoring of the use and availability of funds and repayments. Support the coordination of credit committee meeting dates;
collecting underwriting materials from originating lenders; and ensuring appropriate documentation of all approvals.
• Non-LIIF Originated Loan Closings and Asset Management: For Fund loans that are originated by other lenders, administer all internal activities necessary to ensure the loan is appropriately
funded, booked and monitored by LIIF. This involves ensuring receipt of all required closing documentation; verification of compliance with Fund-specific requirements; creating loan data entries in
LIIF’s loan management software (nCino and LMS); and working with the LIIF Loan Administration and Finance team to manage the release of funds to the project or lender, as appropriate.
Monitor loan payments and upcoming maturities, process post-closing draw requests, request annual reporting.
• LIIF-Originated Loan Closings: Support the closing process for all loans in each Fund originated by LIIF to verify that the loan is appropriately booked and monitored by LIIF with respect to specific
Fund requirements.
• Project Loan Modifications, Exceptions or Extensions: Monitor status of all Fund loans with respect to post-closing changes. Update loan data entries in LIIF’s loan management software (nCino and
LMS) when any post-closing amendments are approved.
Customer Service: The Associate will maintain a positive and professional relationship with LIIF’s internal associates as well as external customers and business partners by initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner.
Other Duties as Assigned.
Requirements:
SKILLS REQUIRED:
Three or more years of experience working in finance or community development in the loan or fund administration area; good verbal and written communication; strong organizational, time-management, customer service and problem solving skills; demonstrated ability to work in a team environment; and high standards for generating quality work. In addition, must be proficient in Word, Excel, and Microsoft Outlook.
EDUCATIONAL AND OTHER REQUIREMENTS:
Educational background should include a bachelor’s degree. Occasional travel to LIIF offices, functions, and client offices will be required.
Compensation:
$75,000-$85,000
How to Apply:
How to Apply:
If you are interested in applying to the Low Income Investment Fund,
Please e-mail cover letter and resume to:
Low Income Investment Fund
Attn. Human Resources
49 Stevenson Street, Suite 300
San Francisco, CA 94105
E: careers@liifund.org
No phone calls or other LIIF email addresses please. Only candidates being considered for a position will be contacted.
LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin.
Background:
THE COMPANY
The Low Income Investment Fund is a non-profit community development financial institution, that mobilizes capital and partners to achieve opportunity, equity and well-being for people and communities. LIIF innovates financial solutions that center racial equity to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.
Position Summary:
Location: San Francisco, CA; Los Angeles, CA; New York, NY; or Washington D.C.
POSITION SUMMARY:
The Associate is responsible for supporting the asset management and compliance/administration of a portfolio of Funds and other Structured Products which use LIIF’s capital to leverage other external financing sources, including conventional bank debt, CDFI or other mission-aligned financing, philanthropic funds, or state/federal subsidies. LIIF combines these multiple funding sources to support the development of affordable housing, charter school, community health care, child care or mixed-use facilities. The Associate will serve as a critical support for all LIIF-managed Funds and federal programs that enhance LIIF’s core lending activities.
REPORTING RELATIONSHIPS:
The Associate reports to the Deputy Director, Structured Products, and is part of the Structured Products team. This position will also work closely with the regional lending, loan administration, asset management, legal/compliance, and finance teams.
As part of the broader Community Initiatives & Programs team, the Associate ultimately works to support the achievement of regional and overall Lending work plan goals by providing loan administration, compliance, and data analysis support to LIIF’s Structured Products team.
Responsibilities:
MAJOR DUTIES AND RESPONSIBILITIES:
Federal Programs: The Associate will assist with the administration of LIIF’s federal programs that are used to enhance LIIF’s fund structures and core lending activities, including the Capital Magnet Fund, Healthy Food Financing Initiative (HFFI), and Bond Guaranty Program (BGP). Activities include:
• Work with Federal Program’s team to update / keep current all processes, pipelines, worksheets, eligibility checklists, etc. to assure smooth, accurate, and up-to-date information flow between
Loan Officers and Federal Program staff.
• Assist in tracking all compliance requirements for each program.
• Capital Magnet Fund / HFFI: manage the project eligibility approval process, evaluate eligibility documentation, tracking the pipeline of projects and availability of funds, provide information to Loan
Officers as needed, assist with compliance reporting;
• Bond Guaranty Program: lead BGP requisition process, handle various reporting requirements (PLM, Pledged Asset Report, and others as needed).
Ongoing Fund Management:
The Associate is responsible for the ongoing asset management of a portfolio of Funds that involve multiple external stake holders, including Investors, credit enhancement providers or partnering
Lenders. As a result, the Associate serves as a critical point support for all LIIF-managed Funds and ensures all related Fund obligations are met.
Ongoing Fund management responsibilities include:
• Compliance and Investor Reporting: Compile any reporting required by Investors, partnering Lenders, or Foundations. This may involve working closely with LIIF’s asset management, legal and
finance teams or other partner Lenders to collect the required loan or organizational data.
• Fund Standards & Processes: Work closely with the Fund team to ensure LIIF is compliant with the Standards & Processes developed for each Fund.
• Loan Management System Data: Work with LIIF Finance and Information Technology teams to maintain accurate Fund loan data in LIIF’s loan management systems (nCino and LMS), and
coordinate with the Portfolio Manager, Finance, and Loan Administration to resolve data issues related to Fund loans.
• Fund Loan Support: The Associate is responsible for supporting the originations and asset management activity for loans within closed Funds. Key activities include:
• Support Pipeline Management and Loan Approvals: Support the monitoring of the use and availability of funds and repayments. Support the coordination of credit committee meeting dates;
collecting underwriting materials from originating lenders; and ensuring appropriate documentation of all approvals.
• Non-LIIF Originated Loan Closings and Asset Management: For Fund loans that are originated by other lenders, administer all internal activities necessary to ensure the loan is appropriately
funded, booked and monitored by LIIF. This involves ensuring receipt of all required closing documentation; verification of compliance with Fund-specific requirements; creating loan data entries in
LIIF’s loan management software (nCino and LMS); and working with the LIIF Loan Administration and Finance team to manage the release of funds to the project or lender, as appropriate.
Monitor loan payments and upcoming maturities, process post-closing draw requests, request annual reporting.
• LIIF-Originated Loan Closings: Support the closing process for all loans in each Fund originated by LIIF to verify that the loan is appropriately booked and monitored by LIIF with respect to specific
Fund requirements.
• Project Loan Modifications, Exceptions or Extensions: Monitor status of all Fund loans with respect to post-closing changes. Update loan data entries in LIIF’s loan management software (nCino and
LMS) when any post-closing amendments are approved.
Customer Service: The Associate will maintain a positive and professional relationship with LIIF’s internal associates as well as external customers and business partners by initiating and responding promptly to any and all requests in a responsive, consistent, and accurate manner.
Other Duties as Assigned.
Requirements:
SKILLS REQUIRED:
Three or more years of experience working in finance or community development in the loan or fund administration area; good verbal and written communication; strong organizational, time-management, customer service and problem solving skills; demonstrated ability to work in a team environment; and high standards for generating quality work. In addition, must be proficient in Word, Excel, and Microsoft Outlook.
EDUCATIONAL AND OTHER REQUIREMENTS:
Educational background should include a bachelor’s degree. Occasional travel to LIIF offices, functions, and client offices will be required.
Compensation:
$75K-$85K
How to Apply:
How to Apply:
If you are interested in applying to the Low Income Investment Fund,
Please e-mail cover letter and resume to:
Low Income Investment Fund
Attn. Human Resources
49 Stevenson Street, Suite 300
San Francisco, CA 94105
E: careers@liifund.org
No phone calls or other LIIF email addresses please. Only candidates being considered for a position will be contacted.
LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin.
Background:
Access to Capital for Entrepreneurs (ACE) is a 20-year Community Development Financial Institution (CDFI) that gives small businesses a chance when others can’t or won’t. Since ACE’s first loan in 2000, we have provided over $97 million in business capital to small businesses and supported more than 1,400 entrepreneurs to create or retain over 12,000 jobs across 68 counties in Georgia.
Position Summary:
ACE is looking for a qualified candidate to fill the position of Grant Management and Reporting Specialist. Seeking a taskmaster and detail-oriented person with an assertive spirit ready to help a mission-based lender do innovative and impactful work with small business entrepreneurs. May work remotely.
General Overview
The Grant Management and Reporting Specialist is a salaried, exempt position that reports to the Chief of Strategic Partnerships. Position provides oversight of the administration of federal, state, and private grants; in partnership with Program and Operations teams, ensures program staff accomplish their approved program initiatives and that the organization meets reporting requirements. The Grant Management and Reporting Specialist is responsible for reviewing new grants, grant deliverables and ACE agreements for outcome requirements; creating and following processes for tracking reporting; analyzing data to support strategic organizational decision-making; alerting management when outcome criteria is in jeopardy; and completing and filing all documents and reports with applicable funders in a timely manner.
Responsibilities:
Essential Duties
• Assess ACE’s ability to reasonably fulfill those requirements in conjunction with all involved departments.
• Review new agreements for outcome and impact requirements.
• Maintain the systems ACE needs to track data and report efficiently and effectively on impact and outcomes.
• Maintain tracking/recordkeeping and documentation mechanism for all executed agreements and reporting requirements.
• Generate reports required by third parties and internal partners, ensuring both accuracy and timeliness.
• Collaborate with colleagues across disciplines responsible for the accurate and timely collection of data - includes communication and organizing status meetings.
• Analyze data to provide insightful and accurate trends, report concerns, and celebrate successes.
• Remain current with industry best practices.
• Proficiency with utilization of Salesforce for reporting management
Additional Responsibilities
• Supports grant writer, as needed with proposal writing.
• Compile data from all necessary sources; analyze and monitor the data to track organizational metrics, and ensure the organization is on track to meet strategic milestones
• Collaborate with other departments on the creation and production of reports demonstrating programmatic outcomes.
• Develop and execute new processes as required.
• Perform other duties flexibly and creatively as needs arise.
Requirements:
Qualifications
• Minimum of 3 years of experience in grant management and reporting at a comparable nonprofit or financial institution.
• Knowledge of outcome and social impact reporting and best practices
• High level of proficiency using Excel.
• Proficiency with Salesforce – reporting, creating, pulling customizing and alerts.
• Proven track record of attending to detail, tracking, analyzing and reporting data and meeting deadlines.
• Collaborative workstyle that thrives in a fast-paced environment with a customer service focus
• Clear writing style and experience with government and non-government grants
• Solves problems creatively.
• Manages time efficiently.
• Attends to details meticulously.
• Communicates effectively in writing and verbally.
Compensation:
Based on experience
How to Apply:
Email cover letter, resume, and salary requirements to HR@aceloans.org. Use job title “Grant Management & Reporting Specialist” in the subject line. No phone calls, please.
Background:
Enterprise is a national nonprofit on a mission to make home and community places of pride, power and belonging for all. To make that possible, we operate the only organization designed to address America’s affordable housing crisis from every angle: we develop and deploy programs and support community organizations on the ground; we advocate for policy on a nonpartisan basis at every level of government; we invest capital to build and preserve rental homes people can afford; and we own, operate and provide resident services for affordable communities. All so that people not only make rent, they build futures. With this end-to-end approach, 40 years of experience and thousands of local partners, Enterprise has built and preserved 662,000 affordable homes, invested $53 billion in communities and changed millions of lives.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Position Summary:
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 three (3) Senior Loan Officer/Loan Officer positions. The positions will have lending and portfolio responsibilities throughout Enterprise’s national footprint and may be based in Atlanta, Chicago, Cleveland, Columbia, MD, Denver, Detroit, District of Columbia, New Orleans, New York City, and Seattle.
Responsibilities:
Reporting to the Chief Lending Officer, the Senior Loan Officer/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/ Loan Officer is also expected to be the staff lead in multiple lending initiatives, working collaboratively with local staff of Enterprise Community Partners.
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.
- 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.
- Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Housing 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.
Requirements:
- Undergraduate degree required; advanced degree in business, finance or related field preferred.
- Seven ﴾7﴿ years of lending experience, with three ﴾3﴿ years of multi‐family affordable housing, real estate, underwriting responsibilities required. 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.
- 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.
Compensation:
How to Apply:
https://wd5.myworkdaysite.com/en-US/recruiting/enterprisecommunity/Enter...
Background:
Enterprise is a national nonprofit on a mission to make home and community places of pride, power and belonging for all. To make that possible, we operate the only organization designed to address America’s affordable housing crisis from every angle: we develop and deploy programs and support community organizations on the ground; we advocate for policy on a nonpartisan basis at every level of government; we invest capital to build and preserve rental homes people can afford; and we own, operate and provide resident services for affordable communities. All so that people not only make rent, they build futures. With this end-to-end approach, 40 years of experience and thousands of local partners, Enterprise has built and preserved 662,000 affordable homes, invested $53 billion in communities and changed millions of lives.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Position Summary:
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 three (3) Senior Loan Officer/Loan Officer positions. The positions will have lending and portfolio responsibilities throughout Enterprise’s national footprint and may be based in Atlanta, Chicago, Cleveland, Columbia, MD, Denver, Detroit, District of Columbia, New Orleans, New York City, and Seattle.
Responsibilities:
Reporting to the Chief Lending Officer, the Senior Loan Officer/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/ Loan Officer is also expected to be the staff lead in multiple lending initiatives, working collaboratively with local staff of Enterprise Community Partners.
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.
- 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.
- Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Housing 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.
Requirements:
- Undergraduate degree required; advanced degree in business, finance or related field preferred.
- Seven ﴾7﴿ years of lending experience, with three ﴾3﴿ years of multi‐family affordable housing, real estate, underwriting responsibilities required. 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.
- 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.
Compensation:
How to Apply:
https://wd5.myworkdaysite.com/en-US/recruiting/enterprisecommunity/Enter...
Background:
Enterprise is a national nonprofit on a mission to make home and community places of pride, power and belonging for all. To make that possible, we operate the only organization designed to address America’s affordable housing crisis from every angle: we develop and deploy programs and support community organizations on the ground; we advocate for policy on a nonpartisan basis at every level of government; we invest capital to build and preserve rental homes people can afford; and we own, operate and provide resident services for affordable communities. All so that people not only make rent, they build futures. With this end-to-end approach, 40 years of experience and thousands of local partners, Enterprise has built and preserved 662,000 affordable homes, invested $53 billion in communities and changed millions of lives.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Position Summary:
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 three (3) Senior Loan Officer/Loan Officer positions. The positions will have lending and portfolio responsibilities throughout Enterprise’s national footprint and may be based in Atlanta, Chicago, Cleveland, Columbia, MD, Denver, Detroit, District of Columbia, New Orleans, New York City, and Seattle.
Responsibilities:
Reporting to the Chief Lending Officer, the Senior Loan Officer/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/ Loan Officer is also expected to be the staff lead in multiple lending initiatives, working collaboratively with local staff of Enterprise Community Partners.
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.
- 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.
- Work cooperatively with local and regional staff from Enterprise Community Partners, Enterprise Housing 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.
Requirements:
- Undergraduate degree required; advanced degree in business, finance or related field preferred.
- Seven ﴾7﴿ years of lending experience, with three ﴾3﴿ years of multi‐family affordable housing, real estate, underwriting responsibilities required. 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.
- 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.
Compensation:
How to Apply:
https://wd5.myworkdaysite.com/en-US/recruiting/enterprisecommunity/Enter...
