Compliance Associate

Self-Help Credit Union; Oakland (CA); On-site; USD 79,000 - 120,000; Full time

Job summary

Join a forward-thinking organization dedicated to economic justice and community development. As a Compliance Associate, you will play a vital role in managing the New Markets Tax Credit lending program, ensuring compliance, and fostering relationships with investors and community partners. This position offers a unique opportunity to contribute to impactful projects that serve low-income individuals and communities. If you are passionate about creating economic opportunities and possess strong analytical and communication skills, this is the perfect role for you. Be part of a team that values collaboration and innovation in making a difference.

Benefits

Generous Benefits Package

Competitive Nonprofit Compensation

Qualifications

• 6+ years of experience in community development or financial services.
• Expertise in tax-credit programs and compliance monitoring.

Responsibilities

• Coordinate compliance and reporting for NMTC investments.
• Analyze performance data and produce reports for stakeholders.

Skills

Compliance Monitoring

Data Management

Communication Skills

Salesforce

SQL Query

Financial Analysis

Education

Bachelor’s Degree

Master’s Degree

Tools

Salesforce

SharePoint

Microsoft Teams

Microsoft Office Suite

Power BI

Job description

WHO We Are:

Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we’re committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, regardless of demographics, income, or wealth. Since our founding, we’ve constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies.

We are seeking a Compliance Associate to join our Team!

The Compliance Associate will focus primarily on the asset management of Self-Help's New Markets Tax Credit (NMTC) lending program. Self-Help uses NMTCs to catalyze investment in distressed communities, with a particular focus on financing community facilities that serve low-income individuals. Over the past three funding cycles, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund)awarded $155 million NMTC allocation to Self-Help for deployment into high-impact projects, including educational facilities and healthcare projects.

WHAT You'll DO:

• Coordinate the compliance, reporting and servicing of Self-Help's portfolio of active NMTC investments
• Manage both external relationships with NMTC investors, borrowers and CDFI Fund and internal relationships with Self-Help lending and resource teams
• Develop expert understanding of rules and regulations associated with a portfolio of complex funding streams, and serve as an advisor to lending teams as they navigate program eligibility and rules.
• Maintain and develop eligibility screening tools. Schedule and lead goal review meetings with program teams, as funding proposals are developed and throughout the life cycle of funding agreements.
• Monitor program activities to ensure compliance with financial covenants and program deliverables; and coordinate problem-solving efforts when compliance and/or performance issues arise.
• Support the overall data management capacity and infrastructure of the team by gaining mastery over the principal systems used to track and analyze data across all of our programs and initiatives.
• Tabulate and analyze performance-related program data; and compile information to produce descriptive and data-based reports for Self-Help staff, funders, and investors.
• Maintain accurate and current information within Salesforce to manage reporting deadlines and deliverables.
• Maintain and develop awareness of compliance and data management systems utilized by peer organizations.
• Serve as a point of contact between Self-Help and a selected portfolio of funders and investors.
• Support funding proposals.
• Contribute to a wide range of team-related activities including research, program policy advocacy, and strategic communications.
• Perform other duties as may be deemed necessary.

WHAT You’ll NEED:

• Bachelor’s degree or an equivalent combination of education and experience. Master’s degree preferred.
• At least 6 years combined educational and work experience in community development, financial services, data services, fundraising, law and/or other related fields.
• Experience with tax-credit programs like NMTC and complex financial structures is a plus
• Experience monitoring compliance with complex federal regulations a plus.
• Strong commitment to our mission – creating economic opportunity for all.
• Working knowledge and experience with Salesforce, SharePoint, Teams, Word, Excel, and Power Point a plus.
• Understanding of databases from an information-user perspective and appreciation for the role data plays in telling the story of our impact. SQL query and report writing & Power BI experience or interest a plus.
• Self-starter able to initiate and coordinate numerous activities with a minimum of supervision and ability to learn quickly.
• Excellent written and verbal communication skills. Strong editing and proofreading skills.
• Excellent interpersonal skills; ability to work under pressure and adapt to changing priorities.
• Keen attention to detail; strong organizational skills and ability to effectively plan and prioritize work independently and to meet deadlines.
• Ability to form and maintain strong and trusting relationships, and exercise discretion, with internal and external partners.
• Ability to effectively respond to questions and present information individually as well in in front of groups.
• Ability and willingness to work beyond normal work hours, as needed.

If you are interested in who we are and what we do; have a strong desire to work in an organization that places a high priority on teamwork and collaboration; and are interested in working to help create economic opportunity for all – THIS is the place for you! Click the “apply now” button to apply!

Compensation:

Competitive nonprofit compensation, based on experience, plus a generous benefits package. Compensation ranges for each position are based on local market rates and will be determined by geography, role, and experience.

Salary range for Oakland, CA: $79,400 - $119,100

Salary range for Chicago, IL: $66,400 - $99,600

Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.