If you get excited about pushing the envelope to support people and communities achieve a greater quality of life, you’ll want to explore career opportunities with NCB Capital Impact. We are a unique, non-profit community development financial institution with a twist (or two). We are redefining how innovation and expertise creates opportunities for both under-served Americans and the people who work with us.
Agile, with about 70 employees, our ideas flow from concept to implementation, with measurable social impact resulting. We are empowered to tackle new initiatives and encouraged to create new solutions to problems that plague under-served communities. We do all this collaboratively as teams that combine a diversity of skill sets and knowledge that maximize our success.
Sound intriguing? Add, a strong benefits package to the mix. We offer a generous 401K match, travel subsidies, tuition reimbursement, three weeks vacation for new hires, and much more.
Want to leave your mark on the world?
Check out our current openings:
Loan Officer, Oakland, CA
The Loan Officer is responsible for representing NCB Capital Impact in its lending in underserved communities. Focusing on investments in charter schools, community-based health care organizations, and retail grocery space, this hire will build upon Capital Impact’s long history of lending within these market segments. The ideal candidate will have a passion for solutions that impact low-income communities, experience in investing and/or lending to nonprofit organizations, and a track record of relationship development and management. Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is a plus. The Loan Officer will report to Senior Director of Loan Originations and work closely with the lending team to track market trends and needs, assess the viability of borrowers, and underwrite and close loans.
• Lead efforts to research, identify, develop, and secure new lending opportunities to develop new business.
• Screen potential loan applicants, structure transactions in coordination with credit team, and issue term sheets.
• Underwrite new transactions for loan approval and manage loan closings.
• Engage in consultative relationship with clients, actively seeking information to understand customers’ circumstances, problems, expectations and needs.
• Manage a small portfolio of key borrower relationships.
• Provide consistent communication, internally and externally, on status of relationships and business activity relative to established performance objectives.
• Track trends in Capital Impact’s target markets in order to contribute to planning for new products and services.
• At least 3 years of lending experience, ideally with a CDFI, with knowledge of business lending products and services and commercial credit standards. Experience in loan origination, due diligence, underwriting, and closing loans is required.
• Prior experience and/or demonstrated interest in health care, education, retail grocery space, and community development lending is strongly desired.
• Demonstrated success in business development required, including: identifying and nurturing relationships; staying abreast on current trends; networking with other lenders.
• Superb interpersonal, written and verbal communication, and business relationship skills.
• Driven, entrepreneurial, creative and flexible, and willing to work hands-on in a fast-paced, growing organization.
• In depth knowledge of loan structuring, credit resolutions, banking/lending laws and regulations.
• A focus on detail-orientation, setting priorities, follow-up, and meeting agreed upon benchmarks and deadlines. Collaborative and comfort being part of a consensus-driven leadership team.
• An ability to embrace and model Capital Impact’s core values of cooperation, innovation, leadership, commitment, trust, and diversity.
• Bachelor’s degree required preferably in business or finance field; Master’s degree in related field preferred.
NCB Capital Impact -Chief of Strategy and Innovation
The Chief of Strategy and Innovation is a new position and will be one of the seven executive positions in NCB Capital Impact. The purpose of this position is to lead the organization in the management of the following, interrelated corporate level functions, with a team of seven people (including the Chief of Strategy and Innovation): management of ongoing strategic planning and innovation; social impact assessment; strategic relationship management; organizational effectiveness; and corporate communications and brand management. All of the functions identified above (with the exception of Organizational Effectiveness) have been operating within an existing team called “Corporate Initiatives” but have never been effectively integrated into a set of very related and orchestrated functions. The intention is to create a much more integrated and systematically deployed set of functions and for a new team to be created and called “Strategy and Organizational Effectiveness”.
1. Strategic Thinking and Planning:
Act along with other executives in ongoing and active strategic thinking process. Oversee the management of corporate and team level process on an ongoing basis. Continue to improve with interactive process that are both top-down and bottom-up, and include NCB Capital Impact’s board of directors where appropriate 30%
Oversee Capital Impact’s ongoing innovation process and related innovation labs to ensure the ongoing development of new markets, partnerships and products that lead to growth in the organizations double bottom-line. Requires a deep understanding of one of more of the organizations core sectors and business lines (healthcare, education, housing, long-term care and health foods) as well as interest in and collaboration across sectors and business lines. Also requires vision and executive ability to balance the need for creativity and experimentation with the discipline to develop an idea into an effective business innovation i.e., an idea that has business value and social impact. 20%
3. Strategic Relationship Development and Management:
This function has evolved over the years, initially beginning as the place in organization where our philanthropic funding strategy has been developed, proposals written and a system developed to track philanthropic trends and our contacts in that network. The position is now vacant and would be filled by the new CSI. Currently the tactical works associated with proposal writing is being done on a decentralized basis in each business team. The focus of this new position reporting to the CSI would be much more strategic with the objective of developing important and high level relationships in the philanthropic network, managing NCB Capital Impact’s brand and brand messaging to Foundations, and identifying new opportunities for philanthropic support. 20%
4. Social Impact Assessment:
Oversee Capital Impact’s further development of its approach to assess the social impact of its business activities, and continue to move the process from assessing outputs to outcomes. Ensure that this process is based on the ongoing need for clear and evident organizational learning, such that understanding of our impact leads to greater capacity to set business objectives that lead to increasingly higher impact outcomes. 10%
5. Corporate Communications and Brand Management:
This function is currently staffed with a senior communications specialist. The Communications Director/Manager position is currently vacant and would be filled by the new CSI. NCB Capital Impact has developed a strong brand and brand management program. It is currently in the process of reassessing its brand and brand platform with an external brand management firm. It’s our expectation that the CSI would lead the NCB Capital Impact Executive Team in an analysis of the existing corporate communications, brand management and social media programs and our staffing needs relative to that function in the future. 10%
6. Organizational Effectiveness:
An organizational effectiveness function is being added to the team (with the intention of a new hire to staff this function under the CSI), recognizing that NCB Capital Impact will continue to contract for the delivery of tactical HR services from its ex-affiliate, the National Cooperative Bank (payroll, HR data management, etc.), but there are some missing and more strategic HR functions that the organization needs to be considering and ultimately developing (e.g., team development, enhancement to the performance management process, etc.). Therefore, the person hired to manage organizational effectiveness (and reporting to the CSI) will initially focus on developing an approach and set of related activities that are mounted to improve the functioning of staff, teams and the organization as whole. 10%
Master Degree in business, finance or related field.
Ten years of executive experience in an organization involved in community development lending.
The CSI is an executive level position in NCB Capital Impact. First and foremost this position requires mature, accomplished and exemplary leadership skills and a person with a high level of emotional intelligence. The incumbent will be taking a position that is both integral to the performance of internal functions that impact all internal stakeholders and many of our key external relationships. It will therefore require an incumbent who is able to quickly assess existing business strategies and challenges, understand the variety of positions and roles in the organization, and very much within the team environment that Capital Impact has established, begin to build out the roles, responsibilities and relationships associated with the CSI position and this new Capital Impact team.
This position requires strong understanding and skills related to strategy development and execution within a community development financial institution context. For NCB Capital Impact that strategy is currently based on an aggressive expansion from managing transactions to the transformation of the communities in which we operate. We take a systems approach that re-engineers and reinvents broken models; funds them with proper capital, expertise, and a deep knowledge of how community ecosystems work; and manages these systems with the business and financial discipline needed to scale them, and create true impact.
Given the scope of the position, there are probably different combinations of technical knowledge and skills with which the position can be anchored. Although NCB Capital Impact is broadly focused on social change in low and moderate income communities across the country, capital development and delivery is core to the strategy. Therefore the incumbent must have deep knowledge of and experience with the set of related competencies associated with community development lending and capital development and delivery.
The incumbent’s experience in the community development lending context could cover all of the business sectors in which Capital Impact is involved (i.e., health care, education, affordable housing, eldercare house with services, healthy foods) or alternatively, could be focused on any one or several of these sectors.
And given the importance of continuing organizational change and development, the incumbent must also have experience in and an understanding of the theory of organizational change and effectiveness, and, along with the rest of the executive group, design and manage new initiatives to strengthen the capacity of employees and teams to do their work.
If you would like to apply for the position please contact firstname.lastname@example.org.
Business Unit CFO Specialist
The Business Unit CFO Specialist will develop monthly management reports, forecasts and budgets for the following business units: The Green House Project, the Cornerstone Partnership and the Village to Village Network.
The Senior Operations Coordinator will be based at NCB Capital Impact’s Operations Center in Arlington, VA, and will report to the Operations Manager who will coordinate job duties to provide support services for the Marketing Specialist and Peer Network Director.
1. Work with senior staff of all business units in designing reports that are responsive to management’s need to evaluate business operations and react quickly to changes in the business environment and funding opportunities
2. Assist in the coordination of budgeting processes and timetables to develop appropriate annual income goals and expense limitations
3. Meet with business units monthly to present financial metrics, monitor performance and assess business and financial strategy
4. Perform ad hoc analyses regarding pricing of services and other key drivers of sustainability, as required
5. Perform financial modeling and cash flow analysis for new programs, products and opportunities such as the CDFI Bond Guarantee program, Socai Impact Bonds, etc.
6. Assist in treasury functions including cash management, wire transfers, and asset liability management
BS Finance or Economics; 1-3 years relevant financial reporting experience; preferably in a financial services environment, proficiency in MS Office (i.e. Excel and Word) is required for this role, general accounting and/or general banking skills, organized and self-motivated, ability to follow strict deadlines; strong communication skills
If you would like to apply for the position please contact email@example.com.