Job Bank

Mission Investors Exchange shares career opportunities at member foundations, affiliate member organizations, and other partners. Find your next job and build a career in impact investing.

Position: 
Manager, Loan Origination (Eastern Region)
Location: 
New York or New Jersey
Organization Name: 
Nonprofit Finance Fund
Position Reports to: National Director, Loan Origination 
Location: New York or New Jersey 
Department: Loan Origination 
 
The COVID crisis and the uprising for racial justice have shone national light on both the urgent work required to build a more just and vibrant society for all Americans and the potential for positive action when our communities mobilize. In most cases, these efforts are spearheaded by nonprofits, community organizations, and their heroic staff who deliver essential services like affordable housing, social justice advocacy, health, youth development, and the arts. Yet these nonprofits and the communities they support operate within a flawed, inequitable funding system that controls their access to resources, impeding their ability to make a difference. 
 
Nonprofit Finance Fund (NFF) is setting out to change that. We know that nonprofit leaders have power when they have access to capital and financial knowledge. Our strategy focuses on helping to shift that power by changing funding and financing practices so more money flows equitably and with less restriction to community-centered organizations led by and serving people of color, so they can be the drivers of their own change. 
 
Read about our commitment to Diversity, Equity, and Inclusion here
 

About the Opportunity

NFF’s Financing team provides nonprofit organizations with capital for their facilities and operational needs. In particular, we are committed to ensuring communities of color and their leaders have access to and control of the capital they need to meet their goals. We do this by partnering with organizations to ensure our financing products meet their needs now and as they evolve over time.  NFF partners with the following sectors: affordable housing, shelters, charter schools, community health centers, workforce development, arts and human service providers.
 
We are seeking a Manager, Loan Origination to join our Eastern Region team. The Manager, Loan Origination will play a central role in the expansion of NFF’s financing business nationally by developing a pipeline of viable projects aligned with our mission and strategy. This role is critical in cultivating relationships with mission-driven organizations led by and serving people of color and will primarily be focused on the New York and New Jersey markets. The Manager, Loan Origination will partner internally to support meeting budgeted goals, contribute to process improvements, and deepen relationships with lending partners. This position will collaborate with the Underwriting and Portfolio Management teams to ensure successful client experience.  This is an exciting opportunity for those who enjoy direct client work and want to witness the impact of funding in building resilient BIPOC communities.
 
This position is based in New York or New Jersey. Our offices have re-opened, and staff can opt into working from the office as desired. The role requires a minimum of 25% travel, and it is expected that 75% of the time will be externally focused. Travel will consist of local client visits, day/overnight trips to out-of-state clients travel, and local/national conferences.
 
The Manager, Loan Origination will report to the National Director, Loan Origination who is based in New York, NY. 
 

What you’ll do

Cultivate and develop community partnerships 
  • Develop and nurture relationships with new and existing clients and support them through the financing process
  • Lead conversations with clients in a way that demonstrates empathy and garners understanding of their experiences and needs, including those who have faced barriers to equitable access of capital
  • Develop financing solutions that reflect the needs of clients while working closely with all business development, underwriting, and portfolio management staff to ensure excellent customer service
  • Deepen and maintain strong networks with lending partners (banks, CDFIs, foundations, institutional investors and other capital providers and intermediaries)
Support and execute team strategy 
  • Help develop and lead the implementation of a market strategy for our lending practice that responds to the needs of communities and ensures NFF meets its budgeted lending goals
  • Identify market gaps and opportunities for NFF to increase community impact and meet financial goals, particularly those in New York and New Jersey, as well as in new expansion areas in the Eastern Region 
  • Proactively monitor industry and regional trends and identify opportunities
  • Conduct market research as appropriate
Serve as an NFF brand ambassador 
  • Assist in business development activities, including early-stage client visits, meetings with lending partners, and networking at external events
  • Collaborate with the Financing team in building NFF’s brand by representing NFF externally on panels and webinars with lending partners

Who you are 

  • You have a minimum of five years of professional work experience in the nonprofit or financial services industry as a loan officer, business development, and/or loan origination professional 
  • You are proficient in credit analysis, loan structuring, and business development with a particular focus on affordable housing, charter schools, community health centers or human service providers 
  • You have a strong relationship-building approach with the ability to center the needs of clients and communities 
  • You possess strong project management skills with demonstrated success managing multiple financing projects 
  • You have an aptitude for problem-solving and are able to identify challenges and provide solutions 
  • You maintain a high level of integrity and are able to handle sensitive information in a confidential manner 
  • You are flexible, adaptable, and willing to pivot on short notice to meet the organization’s needs. 
  • You are committed to continuous improvement and demonstrate a growth mindset 
  • You have exceptional and proactive communication (verbal and written) and interpersonal skills. 
  • You enjoy collaborating with team members who are working together to re-envision the community development finance industry 
  • You have market knowledge and relationships in New York, New Jersey, and other cities within the Eastern region 
  • You embody NFF’s mission, core values and commitment to equity

Compensation

At NFF, we are invested in discussing the depth and breadth of each candidate’s background and experience during the interview process and using that information to determine the best offer while considering internal pay equity. The salary range for this position is $102,000-$112,000. NFF provides an attractive benefits package that currently includes up to 18 paid holidays, 3 floating holidays, unlimited vacation time off, health insurance with NFF funded health reimbursement account on medical plan, 2% match and 4% non-match employer contributions toward retirement plan. In addition, NFF provides flexibility to work remotely and access to a “work from home” fund, and flexible spending accounts including commuter benefits.   
 

Please Note

Nonprofit Finance Fund is committed to diversity, equity, inclusion and belonging in its workforce. We are committed to pay equity at NFF and for that reason are unable to negotiate on job offers. We encourage candidates that will help us live out this commitment to apply.  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 notice. 
 
When applying, 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.  
 

Have a question, website feedback, or idea to make our services better?

X

Welcome!

Please contact [email protected] if you have trouble logging in.