various positions, Opportunity Finance Network

Posted by on August 14, 2011

[posted 8/5/11]

Job Announcements

Full Position Descriptions can be found on our website:

http://www.opportunityfinance.net/jobbank

(Philadelphia, PA)

About Opportunity Finance Network
Opportunity Finance Network is a national financial institution serving a national network of CDFIs. CDFIs are mission-driven non-governmental financial services providers that serve low-income and low-wealth communities throughout the United States. Opportunity Finance Network’s mission is to lead the community development finance system to scale through capital aggregation, policy, and capacity building. Opportunity Finance Network provides a range of services to the CDFI industry including financing, training, research and publications, and consulting services. For more information, visit http://www.opportunityfinance.net.

Portfolio Manager

This position is responsible for the daily administration of the loan portfolio for OFN, ensuring compliance to policies, procedures and government regulations.  The Portfolio Manager also monitors equity investments in Opportunity Finance Network’s Financing Fund.  The essential functions include: administration of the loan monitoring schedule to ensure timely and appropriate risk management activities in accordance with OFN’s policies and procedures; aid in the financial analysis and preparation of credit write-ups, and support the activities of the Investment Committee under the guidance of the EVP, Financial Services; and support the department in executing regular and periodic risk management and review activities.  The Portfolio Manager is also responsible for providing documentation review and exceptional customer service.

Investment Manager

This position is responsible for the origination, documentation and closing of new loans and investments that meet OFN’s Financing Fund policies and guidelines and return objectives.    The Investment Manager is also responsible for the overall management and compliance of the Financing Fund in conjunction with the EVP, Financial Services.  In addition, the Investment Manager will assess risk through document review and recommend strategies for mitigating risk.  He/She is responsible for all underwriting and credit analysis activities pertaining to new loans and investments.

Membership Manager

The primary responsibility of the Membership Manager is to coordinate procedures, recruitment, application review, acknowledgment, renewal and stewardship of OFN Members as well as  oversee elements of the annual OFN Conference, and work with the EVP to develop and manage other Knowledge Sharing programs.

The essential functions of the position are: Membership: Promote Membership, evaluate Membership applications, and make recommendations for modifying Membership processes and policies.

OFN Conference: Manage designated elements of the OFN Conference, for example, the development of a group of training sessions, the development of community development finance tours, communications with session presenters, and the trade show. Other Peer Learning: Organize designated peer learning initiatives such as Member conference call series, quarterly regional meetings, and elements of other capacity building programs.