• Nonprofit Finance Fund
  • $93,165.00 -127,920.00/year*
  • New York , NY
  • Advertising/Marketing/Public Relations
  • Full-Time
  • 910 Half Moon Rd

What We Do:

NFF works toward a more just and vibrant society through:

Financing?that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.?

Consulting?that helps nonprofits and funders connect money to mission and community impact.

Partnering?with service providers, funders, and investors to turn money and goodwill into positive outcomes.

Learning?that shares experiences and expertise ? from ideas to anecdotes to cutting-edge data and analysis.

Nonprofit Finance Fund??(NFF?)?advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over?$329?million. Since 1980, we have provided $871?million in financing and access to additional capital in support of over $2.9?billion in projects for thousands of organizations nationwide.

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Position Summary:

The Loan Officer plays a central role in the growth and expansion of NFF?s financing business on the east coast. They will support the underwriting of and directly underwrite transactions and work closely with the Loan Originations / Business Development team and the Director, Underwriting to ensure the deal pipeline proceeds in a timely?and expeditious manner. Primary responsibilities include: managing the collection and analysis of client due diligence; analyzing financial spreads; underwriting loans and lines of credit; preparing documents for loan approval; presenting proposals to loan committees; and assisting with loan closings. In addition, the Loan Officer assists in business development efforts and maintains knowledge of key markets within the eastern region and across all sectors and industries in which NFF works. The Loan Officer partners internally to support meeting budgeted lending goals and contributes to lending process improvements.

The Loan Officer demonstrates an interest in or commitment to supporting low-income communities and/or the nonprofit sector and is a strong communicator and relationship builder with the ability to forge deep community relationships while setting realistic expectations and moving financial projects forward.

This position will be based in NFF?s New York, NY office. This position will report to the Vice President, Lending.

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Primary Duties and Responsibilities:
Underwriting and Product Management

  • Collect and manage due diligence, underwrite and structure financing requests for on and off-balance sheet transactions within appropriate and relevant credit policy guidelines and in a timely manner. Work with borrowers through all stages of the financing process.
  • Prepare and present proposals to loan committees for approval.
  • Support and/or manage loan closings, including drafting commitment letters and reviewing loan documents.
  • Engage with clients, actively seeking to understand customers? circumstances, expectations, and needs, and developing financing solutions to meet those needs.
  • Develop, maintain, and share knowledge of key sectors by attending conferences and maintaining relationships with key stakeholders, among other ways.

Client Relationship and Management

  • Maintain strong relationships with current and future borrowers and partners.
  • Develop and use knowledge of clients and markets in East?Coast region to identify evolving trends and risks.
  • Work closely with East Coast business development team in assessing project viability and providing guidance around loan structuring and creditworthiness.
  • Support East Coast business development team, as requested, by participating in business development activities, including early-state client visits and conversations and attendance at external events.
  • Ensure the smooth transition and support of borrowers as transactions transition from business development to underwriting and from underwriting to portfolio management.

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Essential Requirements for Education and/or Experience:

  • Bachelor?s degree or equivalent experience required; Master?s degree in business, finance, public administration or related field preferred.
  • A minimum of 5 years of professional experience, preferably in the financial services, consulting or nonprofit sectors and in increasingly more senior positions
  • Excellent analytical skills, including ability to identify and assess risk and analyze and understand financial statements.
  • Strong interpersonal and communication skills, both written and verbal.
  • Demonstrated ability to build, manage, and deepen client relationships.
  • Ability to relate to diverse constituencies.
  • Keen attention to detail.
  • Solutions-based mindset and approach.
  • An entrepreneurial work ethic, including openness to learning new skills and systems and ability to take initiative for independent learning with and quickly develop deep knowledge of a particular market or area.
  • Ability to exhibit calm under pressure.
  • Demonstrated ability to take on increased responsibility over time.
  • Ability and willingness to travel within region to work with staff and meet with applicants, borrowers, and stakeholders.

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Specialized Knowledge/Beneficial Skills and Experience:

  • Familiarity with outcomes-based and/or impact investing.
  • Strong time management, multi-tasking, and organizational skills, with an ability to coordinate complex activities and prioritize conflicting demands and deadlines.
  • Results-oriented individual with the ability to work independently, as well as collaborate with a close-knit group.
  • Experience in nonprofit, business, or commercial lending and credit analysis.
  • Market knowledge in eastern?region and in one or more targeted sectors including community health centers, education/charter schools, and human service providers.

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All salaries are commensurate with experience and include an attractive benefits package.

Nonprofit Finance Fund is committed to diversity, equity, and inclusion in its workforce. ?Diverse candidates are encouraged 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.



* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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