Community Investment Associate, Shefa Fund

Posted by on May 15, 2004

Job Opening ? May 2004
Community Investment Associate
at Progressive Jewish Foundation in Philadelphia, PA

***Position to begin immediately!***

A national public foundation established in 1988, The Shefa Fund educates and organizes American Jews and Jewish institutions to use our resources to build community and foster justice, thereby strengthening and enriching Jewish life. Shefa?s program TZEDEC: The Jewish Partnership for Community Investing is a national initiative to involve Jewish institutions in community and economic development. TZEDEC provides education, technical assistance and investment vehicles to help American Jews and Jewish organizations invest a portion of their assets in community development financial institutions (CDFIs) that help revitalize economically-disadvantaged neighborhoods. Since its inception in 1997, TZEDEC has catalyzed more than $15 million in investment from American Jewish sources nationwide, including foundations, federations and synagogues for investment in low-income community development, and also operates a $3.5 million loan fund.

The Shefa Fund seeks a full-time Community Investment Associate to support TZEDEC?s loan fund activities and to assist our efforts to engage the American Jewish community in low-income community investing through TZEDEC?s local and national initiatives.

Job Title: Community Investment Associate

Job Tasks and Responsibilities: Financial and administrative tasks, research, writing, and communications with a focus on TZEDEC?s revolving loan fund activities.
? Work with TZEDEC Director to administer the TZEDEC loan fund:
? Maintain database of aggregate investor, investment, and fund information.
? Coordinate investment process for institutional/individual investors and CDFIs (loan documentation & correspondence).
? Assist in loan fund administration, including money management and cash flow strategies.
? Manage CDFI resource files, write briefings and conduct research as needed.

? Provide administrative and program support to TZEDEC Director, including:
? Contact with and coordination of TZEDEC volunteer leadership.
? Creation and distribution of reports, presentations and marketing materials.
? Provide TZEDEC investment information and support to interested parties.
? Participate in departmental and interdepartmental collaborations.

Qualifications: Shefa is a mission-driven, entrepreneurial, fast-paced, high-performance and closely-knit workplace. The ideal Community Investment Associate will:
? Have at least two to three years relevant work experience.
? Have prior training in one or more of the following: finance, economics, data analysis, urban studies.
? Be a clear written and verbal communicator, with strong research and writing skills.
? Have proficiency in Word, Excel, internet, e-mail skills; familiarity with Outlook and Power Point.
? Be analytic and good with numbers and spreadsheets.
? Be thorough, organized, details-oriented; ability to ?multitask? when needed.
? Have interest/experience in both the Jewish community and community economic development.
? Be able to work well independently and as part of a team; sense of humor a plus!
? Have a college degree or equivalent.

Salary range: High $20Ks, based on experience. Excellent benefits.

To apply, send resume, writing sample, and cover letter to:
Community Investment Associate Search
The Shefa Fund
8549 Ridge Avenue, Second Floor
Philadelphia, PA 19128
Fax: 215/483-4429
[email protected]; <a href="http://www.shefafund.org">http://www.shefafund.org</a>

No calls, please!

Please submit application as soon as possible. Position scheduled to begin immediately!