Nonprofit Finance Fund Senior Associate, Financial Services

Transcription

1 Career Opportunity Nonprofit Finance Fund Senior Associate, Financial Services San Francisco, CA Organizational Overview Nonprofit Finance Fund (NFF) unlocks the potential of mission-driven organizations through tailored investments, strategic advice and accessible insights. As a leading community development financial institution (CDFI) with over $300 million in assets under management, NFF has provided over $550 million in financing in support of over $1.5 billion in projects for thousands of organizations nationwide. Each year NFF works with hundreds of nonprofits including health, education, human service and arts and culture organizations by providing the financial advice and capital that enables them to achieve their missions and serve low income populations across the country. We also partner with foundations, financial institutions and government agencies across the country to develop and finance solutions for organizations' and communities' most pressing issues. NFF is growing, and our traditional financing and advisory services coupled with new innovative programs and initiatives - including Pay for Success, and mobilizing new sources of impact capital - are fueling the expanded scope and reach of our work. To support this growth we are building a versatile team that has the diverse skills to deliver our products and the entrepreneurial approach and flexibility to drive innovation. NFF works nationally and our staff are located in five offices in New York, Boston, Philadelphia, San Francisco and Los Angeles.

2 To learn more about NFF, please visit [1] Position Summary: The Nonprofit Finance Fund seeks a full-time Senior Associate to join our growing Financial Services team. This position is based in San Francisco and reports to the Senior Business Development Investment Officer. The Senior Associate provides analytical support and is involved in all aspects of financing, including business development, underwriting, and portfolio management. The objective of this role will be to maintain a high-quality pipeline and portfolio of investments in the west coast region, including on- and off-balance sheet loans, New Markets Tax Credit projects and tailored capital investments developed with our funding partners. The ideal candidate will have demonstrated expertise in credit and financial analysis and an understanding of one or more of the following sector areas: education, health care, human services, healthy foods, and the performing arts. The Senior Associate must represent the organization well in a client-facing capacity, and be equally responsive to and effective as an integral member of a national team with whom s/he interacts regularly. This position will require working across functional and departmental boundaries to meet the shared business goals of the Financial Services practice. Primary Duties and Responsibilities: Business Development Assist with business development, transaction structuring and initial due diligence;

3 Support efforts to research, identify, develop, and secure new opportunities to achieve business goals; Perform financial analysis on prospective clients; Prepare initial investment summary for presentation to credit committee. Underwriting and Portfolio Management Coordinate and manage the flow of relevant market and sector-specific information to inform underwriting, and portfolio management; Facilitate and support transition of client relationship and client information, such as financial statements and due diligence, from origination to underwriting, approval, closing and portfolio management; Assist Underwriters, Portfolio Managers and other members of the Financial Services team with the analysis of transactions and borrowers, management of closed transactions and overall communication with applicants, borrowers, and partners to ensure seamless and high quality client service, as needed. Essential Requirements for Education and/or Experience: The ideal candidate will possess the following: Bachelor's degree required; MBA or MPA degree is preferred. Minimum of three years' work experience in a relevant field with two years of financing or lending-related experience in a CDFI or other financial institution.

4 Demonstrated competency in financial analysis, including the ability to develop multi-year financial projections. Excellent (written and verbal) communications and interpersonal skills. Experience in public speaking a plus. Effective in project- and time-management skills. Attention to detail is essential, as is the ability to prioritize among competing responsibilities. Flexibility, creativity, patience and sense of humor. Willingness to travel (25%) and meet with existing and prospective clients. Proficiency in Microsoft Excel, Word, PowerPoint and Outlook. Specialized Knowledge/Beneficial Skills and Experience: Experience with nonprofit accounting. Demonstrated commitment to serving nonprofits, work in low-income communities and/or support for social or economic justice issues. Knowledge and understanding of New Markets Tax Credits (NMTC) and impact investing preferred. Familiarity with Salesforce. How to Apply:

5 Please [2]submit your resume with a thoughtful cover letter to the Human Capital department, stating how your background and qualifications meet the requirements of this position. Please Note: All salaries are commensurate with experience and include an attractive benefits package. NFF is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, national origin, disability, genetic information, age, or military or veteran status in accordance with federal law. In addition, NFF complies with applicable state and local laws governing non-discrimination in employment in every jurisdiction in which it maintains facilities. NFF also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws. This job posting provides a general list of the essential responsibilities and qualifications required for this position. It does not represent a contract for employment and NFF reserves the right to change the description and/or posting at any time without advance notice. When submitting an application, please DO NOT include any of the following information with your job application: Social Security number; driver's license number or state-issued identification card number; financial account number, or credit or debit card number.