Opportunity Finance Network
Washington, D.C., USA
Position Summary and Essential Functions :
This position is primarily responsible for assisting the Vice President, Loan Operations in the administration of OFN’s Bond Guarantee Loans. Such assistance will include collateral management, compliance management, database management, loan servicing monitoring and recordkeeping. Responsibilities also include assistance with OFN’s existing loan portfolio.
Responsibilities include but are not limited to:
Support the preparation and submission of the Bond Guarantee Program application via collection, organization and remittal of financial documents.
Review and coordinate documents associated with borrowers requisition of Bond funds for completeness and compliance with the Bond Guarantee Program requirements.
Provide payment oversight of Bond Loans, management of Bond Loan collateral. Ensure proper administration of all Secondary Loan documents by the borrower including the creation and perfection of required security interests and liens on Secondary Loans.
Perform first level review of the performance, replacement and removal of Bond Loan Collateral and ensure non-performing collateral is replaced in a timely fashion.
Ensure borrowers maintain the required amount of collateral per Bond Loan legal documents.
Monitor escrow agent activities and the custody of Secondary and Tertiary Loan documents held by the escrow agent.
Review, coordinate and test for compliance with covenants of the borrower.
Track and submit monthly, quarterly and annual reports to the CDFI Fund to support compliance with the terms and conditions of the Bond documents via database management systems.
Process documentation as needed to declare Events of Default under the Bond Guarantee Program and initiate remedies when necessary.
Assist with administration of OFN’s existing loan portfolio including collection and coordination of loan documentation, on-boarding and modifications to existing loans, ensure closing conditions are met, and initiate the funding for each loan closing.
Prepare timely submissions of internal and external departmental reports.
Prepare and review invoices for loans and asset management.
Preserve, maintain and update borrower files and legal documents as needed.
Assist other financial services team members on projects or deliverables, as requested by the VP, Loan Operations.
Education and Experience :
Bachelor’s Degree or 5+ years direct work experience required.
1-3 years of experience in lending markets that have similar characteristics to the loans of OFN, and/or title or mortgage industry experienced required.
Experience in loan operations with a financial and /or nonprofit institutions preferred.
Experience in multi-party lending structures, with borrowers, lenders, banks and servicers and backup servicers preferred.
Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable.
Experience or knowledge of the CDFI Industry a plus.
Experience in nonprofit or small office environment a plus.
Knowledge, Skills, Abilities, and Physical Requirements:
Knowledge of accounting or lending practices required.
Superior analytical and organizational skills required.
Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance.
Ability to understand and modify financial statements is preferred.
Ability to understand loan documentation is required.
Ability to review the work of other partners/subcontractors is required.
Superior interpersonal skills and ability to work well with diverse constituents is required.
Knowledge of and commitment to community development preferred.
Proficiency with MS Office and database software is required.
Ability to work independently or in team environment as required.
Ability to manage multiple tasks effectively and efficiently under moderate supervision.
Some travel required (<10% of time).
No extraordinary physical requirements beyond ability to travel.
Job involves normal physical requirements for an office position.
Position Summary and Essential Functions :
This position is primarily responsible for assisting the Vice President, Loan Operations in the administration of OFN’s Bond Guarantee Loans. Such assistance will include collateral management, compliance management, database management, loan servicing monitoring and recordkeeping. Responsibilities also include assistance with OFN’s existing loan portfolio.
Responsibilities include but are not limited to:
Support the preparation and submission of the Bond Guarantee Program application via collection, organization and remittal of financial documents.
Review and coordinate documents associated with borrowers requisition of Bond funds for completeness and compliance with the Bond Guarantee Program requirements.
Provide payment oversight of Bond Loans, management of Bond Loan collateral. Ensure proper administration of all Secondary Loan documents by the borrower including the creation and perfection of required security interests and liens on Secondary Loans.
Perform first level review of the performance, replacement and removal of Bond Loan Collateral and ensure non-performing collateral is replaced in a timely fashion.
Ensure borrowers maintain the required amount of collateral per Bond Loan legal documents.
Monitor escrow agent activities and the custody of Secondary and Tertiary Loan documents held by the escrow agent.
Review, coordinate and test for compliance with covenants of the borrower.
Track and submit monthly, quarterly and annual reports to the CDFI Fund to support compliance with the terms and conditions of the Bond documents via database management systems.
Process documentation as needed to declare Events of Default under the Bond Guarantee Program and initiate remedies when necessary.
Assist with administration of OFN’s existing loan portfolio including collection and coordination of loan documentation, on-boarding and modifications to existing loans, ensure closing conditions are met, and initiate the funding for each loan closing.
Prepare timely submissions of internal and external departmental reports.
Prepare and review invoices for loans and asset management.
Preserve, maintain and update borrower files and legal documents as needed.
Assist other financial services team members on projects or deliverables, as requested by the VP, Loan Operations.
Education and Experience :
Bachelor’s Degree or 5+ years direct work experience required.
1-3 years of experience in lending markets that have similar characteristics to the loans of OFN, and/or title or mortgage industry experienced required.
Experience in loan operations with a financial and /or nonprofit institutions preferred.
Experience in multi-party lending structures, with borrowers, lenders, banks and servicers and backup servicers preferred.
Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable.
Experience or knowledge of the CDFI Industry a plus.
Experience in nonprofit or small office environment a plus.
Knowledge, Skills, Abilities, and Physical Requirements:
Knowledge of accounting or lending practices required.
Superior analytical and organizational skills required.
Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance.
Ability to understand and modify financial statements is preferred.
Ability to understand loan documentation is required.
Ability to review the work of other partners/subcontractors is required.
Superior interpersonal skills and ability to work well with diverse constituents is required.
Knowledge of and commitment to community development preferred.
Proficiency with MS Office and database software is required.
Ability to work independently or in team environment as required.
Ability to manage multiple tasks effectively and efficiently under moderate supervision.
Some travel required (<10% of time).
No extraordinary physical requirements beyond ability to travel.
Job involves normal physical requirements for an office position.
Opportunity Finance Network
Washington, D.C., USA
Position Summary and Essential Functions :
The Credit Analyst supports senior Financial Services staff with servicing of the CDFI Fund Bond Guarantee Program, performing annual borrower reviews, and analytical support of loan underwritings. Responsibilities also include financial statement analysis, borrower credit reviews, loan requests, loan covenant compliance, and portfolio management duties. Assistance mainly involves gathering and compiling data, analyzing and preparing reports, composing written summaries, spreading financial statements, maintaining borrower and loan production files, communicating with borrowers, and preparing information for internal and external reviews.
Responsibilities include but are not limited to:
Assist senior Financial Services staff with the management of the CDFI Bond application process including support in servicing and managing assets under the CDFI Bond program.
Manage loan covenant compliance, including financial statement collection, borrowing base compliance with loan agreement, and following up with borrowers in the case of covenant violations
Spread borrowers’ financial statements into template
Assist Financial Services team in loan underwritings, including various analyses, calculations, summaries and other tasks as required by the underwriter
Assist in analysis and preparation of annual loan portfolio review
With support from senior staff, perform annual credit reviews of borrowers
Communicate status of receipt of quarterly financial statements, quarterly compliance checks and reporting, portfolio reports, spreads and scheduling of annual reviews
Assist in drafting and updating written procedures for credit administration
Analyze portfolio trends and identify portfolio vulnerabilities by interpreting data on payment trends, borrower financial ratios, pricing, economic influences, and other factors affecting the portfolio
Oversee maintenance of accurate, complete and up-to-date files and records
Schedule Investment Committee meetings, compile/distribute investment committee packages and follow-up with committee members needs/requests for information as well as take meeting minutes
Provide quality customer service at all points of contact with OFN borrowers and prospects as well as answer questions and advise customers regarding loans and transactions with OFN borrowers and prospect
Education and Experience
Bachelor’s Degree or 5-7 years of work experience in lieu of a degree
1-3 years of experience in financial statement analysis and credit underwriting in a commercial lending environment desirable
Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable
Experience or knowledge of the CDFI Industry a plus
Experience or volunteer work in nonprofit or small office environment a plus
Knowledge, Skills, Abilities and Physical Requirements
Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
Superior interpersonal skills and ability to work constructively with diverse constituents is required
Ability to analyze non-profit financial institutions’ financial statements required
Ability to understand loan documentation
Strong organizational skills and ability to manage multiple tasks under moderate supervision in and effective and efficient manner required
Ability to work independently or in team environment as required
Understanding of and commitment to opportunity finance required
Proficient with MS Office Products/Internet
Job involves normal physical requirements for an office position.
Some travel required (10% of time)
Position Summary and Essential Functions :
The Credit Analyst supports senior Financial Services staff with servicing of the CDFI Fund Bond Guarantee Program, performing annual borrower reviews, and analytical support of loan underwritings. Responsibilities also include financial statement analysis, borrower credit reviews, loan requests, loan covenant compliance, and portfolio management duties. Assistance mainly involves gathering and compiling data, analyzing and preparing reports, composing written summaries, spreading financial statements, maintaining borrower and loan production files, communicating with borrowers, and preparing information for internal and external reviews.
Responsibilities include but are not limited to:
Assist senior Financial Services staff with the management of the CDFI Bond application process including support in servicing and managing assets under the CDFI Bond program.
Manage loan covenant compliance, including financial statement collection, borrowing base compliance with loan agreement, and following up with borrowers in the case of covenant violations
Spread borrowers’ financial statements into template
Assist Financial Services team in loan underwritings, including various analyses, calculations, summaries and other tasks as required by the underwriter
Assist in analysis and preparation of annual loan portfolio review
With support from senior staff, perform annual credit reviews of borrowers
Communicate status of receipt of quarterly financial statements, quarterly compliance checks and reporting, portfolio reports, spreads and scheduling of annual reviews
Assist in drafting and updating written procedures for credit administration
Analyze portfolio trends and identify portfolio vulnerabilities by interpreting data on payment trends, borrower financial ratios, pricing, economic influences, and other factors affecting the portfolio
Oversee maintenance of accurate, complete and up-to-date files and records
Schedule Investment Committee meetings, compile/distribute investment committee packages and follow-up with committee members needs/requests for information as well as take meeting minutes
Provide quality customer service at all points of contact with OFN borrowers and prospects as well as answer questions and advise customers regarding loans and transactions with OFN borrowers and prospect
Education and Experience
Bachelor’s Degree or 5-7 years of work experience in lieu of a degree
1-3 years of experience in financial statement analysis and credit underwriting in a commercial lending environment desirable
Experience preparing loan documents utilizing a Loan Servicing Software or standard templates as well as CRM system experience desirable
Experience or knowledge of the CDFI Industry a plus
Experience or volunteer work in nonprofit or small office environment a plus
Knowledge, Skills, Abilities and Physical Requirements
Superior written and verbal communication skills required with emphasis on clarity, conciseness and relevance
Superior interpersonal skills and ability to work constructively with diverse constituents is required
Ability to analyze non-profit financial institutions’ financial statements required
Ability to understand loan documentation
Strong organizational skills and ability to manage multiple tasks under moderate supervision in and effective and efficient manner required
Ability to work independently or in team environment as required
Understanding of and commitment to opportunity finance required
Proficient with MS Office Products/Internet
Job involves normal physical requirements for an office position.
Some travel required (10% of time)
The Handy Tool Belt Company
Charlotte, NC, USA
Handymen and Handywomen for a new Concept in Home Repair and Home Improvement Services. The Handy Tool Belt Company (www.handytoolbelt.com) is coming to the Charlotte, NC area and we are seeking experienced people to join our team.
We are looking for individuals who want to be part of a new approach to handyman services. If you have experience with a broad range of home repair and improvement work, we want to speak with you. Our business model is based on professional staff, uniformed team members, prompt communications, real people answering the phone and focusing on the small jobs that contractors are not interested in.
Do you have experience with the type of work we do? Please visit our website that clearly lists all of our services: www.handytoolbelt.com/our-handyman-services/.
Maybe you are not busy all the time in your current handyman business and you want to join a new and innovative company or maybe you just want to supplement your schedule by doing part time work for us.
Are you a Veteran? If so, we consider that a big plus, but surely not a requirement. If you have any experience in any of the Services listed on our web site, we should chat. We seek people who have a passion for the home repair business.
Please call us at: 888-520-1174 or apply online at: www.handytoolbelt.com/careers/ or email us at admin@handytoolbelt.comHandymen and Handywomen for a new Concept in Home Repair and Home Improvement Services. The Handy Tool Belt Company (www.handytoolbelt.com) is coming to the Charlotte, NC area and we are seeking experienced people to join our team. We are looking for individuals who want to be part of a new approach to handyman services. If you have experience with a broad range of home repair and improvement work, we want to speak with you. Our business model is based on professional staff, uniformed team members, prompt communications, real people answering the phone and focusing on the small jobs that contractors are not interested in. Do you have experience with the type of work we do? Please visit our website that clearly lists all of our services: www.handytoolbelt.com/our-handyman-services/. Maybe you are not busy all the time in your current handyman business and you want to join a new and innovative company or maybe you just want to supplement your schedule by doing part time work for us. Are you a Veteran? If so, we consider that a big plus, but surely not a requirement. If you have any experience in any of the Services listed on our web site, we should chat. We seek people who have a passion for the home repair business.
We pay a very good wage to our people. We are also very proud to provide medical insurance benefits. In addition, we pay commissions and incentives to our employees based on the profitability of every job they work on. Please call us at: 888-520-1174 or apply online at: www.handytoolbelt.com/careers/ or email us at admin@handytoolbelt.com
Handymen and Handywomen for a new Concept in Home Repair and Home Improvement Services. The Handy Tool Belt Company (www.handytoolbelt.com) is coming to the Charlotte, NC area and we are seeking experienced people to join our team.
We are looking for individuals who want to be part of a new approach to handyman services. If you have experience with a broad range of home repair and improvement work, we want to speak with you. Our business model is based on professional staff, uniformed team members, prompt communications, real people answering the phone and focusing on the small jobs that contractors are not interested in.
Do you have experience with the type of work we do? Please visit our website that clearly lists all of our services: www.handytoolbelt.com/our-handyman-services/.
Maybe you are not busy all the time in your current handyman business and you want to join a new and innovative company or maybe you just want to supplement your schedule by doing part time work for us.
Are you a Veteran? If so, we consider that a big plus, but surely not a requirement. If you have any experience in any of the Services listed on our web site, we should chat. We seek people who have a passion for the home repair business.
Please call us at: 888-520-1174 or apply online at: www.handytoolbelt.com/careers/ or email us at admin@handytoolbelt.comHandymen and Handywomen for a new Concept in Home Repair and Home Improvement Services. The Handy Tool Belt Company (www.handytoolbelt.com) is coming to the Charlotte, NC area and we are seeking experienced people to join our team. We are looking for individuals who want to be part of a new approach to handyman services. If you have experience with a broad range of home repair and improvement work, we want to speak with you. Our business model is based on professional staff, uniformed team members, prompt communications, real people answering the phone and focusing on the small jobs that contractors are not interested in. Do you have experience with the type of work we do? Please visit our website that clearly lists all of our services: www.handytoolbelt.com/our-handyman-services/. Maybe you are not busy all the time in your current handyman business and you want to join a new and innovative company or maybe you just want to supplement your schedule by doing part time work for us. Are you a Veteran? If so, we consider that a big plus, but surely not a requirement. If you have any experience in any of the Services listed on our web site, we should chat. We seek people who have a passion for the home repair business.
We pay a very good wage to our people. We are also very proud to provide medical insurance benefits. In addition, we pay commissions and incentives to our employees based on the profitability of every job they work on. Please call us at: 888-520-1174 or apply online at: www.handytoolbelt.com/careers/ or email us at admin@handytoolbelt.com
Dittemore Insulation Contractors, Inc.
Los Angeles, CA - Orange County, Riverside County and San Bernardino County
Installing commercial building insulation through training on the job and in school.
Installation will be done from ground, ladders, and scaffolding using different products . The Carpenters/Insulators program is basically a 4 year program with increased learning and hourly rate to eventually graduate as a journeyman Installer.
The Carpenters Union offers benefits of Medical and Pension after a portion of training is completed.
Dittemore Insulation also trains in the field as entry level employees work closely with the journeyman installers.
Installing commercial building insulation through training on the job and in school.
Installation will be done from ground, ladders, and scaffolding using different products . The Carpenters/Insulators program is basically a 4 year program with increased learning and hourly rate to eventually graduate as a journeyman Installer.
The Carpenters Union offers benefits of Medical and Pension after a portion of training is completed.
Dittemore Insulation also trains in the field as entry level employees work closely with the journeyman installers.
