Sr. Associate Capital Development

Self-Help Credit Union; Durham (NC); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Equal opportunity employer

Diversity celebration

Job summary

Self-Help is seeking a Senior Capital Development Associate to join our Durham, NC team (also serving Chicago, Oakland, and Charlotte). You will lead and support fundraising efforts, develop new funding opportunities, and manage complex finance closing processes to advance our mission of economic justice.

The role requires deep knowledge of tax credit programs, strong relationship building with funders, and the ability to coordinate cross-functional teams to meet funding priorities and reporting

Qualifications

• Bachelor’s degree or equivalent experience; Graduate degree preferred.
• 5 years of financial management, legal, program management, lending or capitalization experience; 10+ years’ experience preferred.
• Experience with tax credit programs, e.g. the New Markets Tax Credit, Historic Tax Credit, Low Income Housing Tax Credit and/or Investment Tax Credit programs, preferred
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that place priority on teamwork and collaboration.
• Ability to learn and effectively present Self-Help’s financial position and mission impacts.
• Ability to dissect and prioritize value of funding opportunities.
• Ability to manage internal working groups to determine funding priorities.
• Ability to develop and maintain credible and trusting relationships with internal and external partners.
• Strong ability to promote Self-Help through writing, presentations and networking
• Ability to effectively plan, organize and prioritize multiple tasks and/or projects to meet deadlines.
• Ability to self-motivate, identify challenges and opportunities and coordinate team responses.
• Keen attention to detail and accuracy.
• Knowledge of accounting, ability to read and analyze financial statements required and ability to create and interpret financial projections preferred.
• Proficiency in Microsoft programs including Word, Excel and PowerPoint.
• Ability and willingness to travel up to 20%. 2
• Ability and willingness to work beyond normal work hours, as needed.

Responsibilities

• Lead and support fundraising activities to raise needed capital for Self-Help’s mission driven initiatives including.
• Developing new funding opportunities with banks, foundations, insurance companies, etc.
• Investigating funding opportunities with active and potential funders
• Preparing proposals for debt and equity opportunities
• Negotiating terms and conditions with funders
• Managing or leading complex finance closing processes
• Maintaining relationships with active funders
• Supporting event planning and implementation
• Attending industry conferences and meetings to provide greater exposure of Self-Help to potential funders and the CDFI industry and to learn from industry best practices.
• Documenting and tracking commitments to active funders
• Preparing quarterly and annual reports for active funders
• Providing support for in-depth annual reviews and audits
• Support or manage program compliance on various funding awards.
• Monitor program team activities and funding needs to ensure actions are consistent with funding and board direction.
• Support grant solicitation efforts.
• Support program teams in generating high quality program information and managing program compliance on various funding awards.

Skills

Financial management

Program management

Lending

Tax credit programs

Stakeholder relations

Microsoft Office

Education

Bachelor's degree

Graduate degree

Tools

Accounting software

Microsoft Excel

PowerPoint

Financial analysis tools

Job description

Job Description:

WHO We Are:

Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers to 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, from high-quality schools to grocery stores selling fresh food resources that support opportunities at a neighborhood level regardless of demographics, income, or wealth. Since our founding, we’ve constantly sought 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 Sr. Capital Development Associate to join our Durham, NC or Chicago, Ill or Oakland, CA or Charlotte, NC team

WHAT You'll Do:

• Lead and support fundraising activities to raise needed capital for Self-Help’s mission driven initiatives including:
• Developing new funding opportunities with banks, foundations, insurance companies, etc.
• Investigating funding opportunities with active and potential funders
• Preparing proposals for debt and equity opportunities
• Negotiating terms and conditions with funders
• Managing or leading complex finance closing processes
• Maintaining relationships with active funders
• Supporting event planning and implementation
• Attending industry conferences and meetings to provide greater exposure of Self-Help to potential funders and the CDFI industry and to learn from industry best practices.
• Documenting and tracking commitments to active funders
• Preparing quarterly and annual reports for active funders
• Providing support for in-depth annual reviews and audits
• Support or manage program compliance on various funding awards.
• Monitor program team activities and funding needs to ensure actions are consistent with funding and board direction.
• Support grant solicitation efforts.
• Support program teams in generating high quality program information and managing program compliance on various funding awards.

WHAT YOU'LL NEED

• Bachelor’s degree or equivalent relevant experience; Graduate degree preferred.
• 5 years of financial management, legal, program management, lending or capitalization experience; 10+ years’ experience preferred.
• Experience with tax credit programs, e.g. the New Markets Tax Credit, Historic Tax Credit, Low Income Housing Tax Credit and/or Investment Tax Credit programs, preferred
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that place priority on teamwork and collaboration.
• Ability to learn and effectively present Self-Help’s financial position and mission impacts.
• Ability to dissect and prioritize value of funding opportunities.
• Ability to manage internal working groups to determine funding priorities.
• Ability to develop and maintain credible and trusting relationships with internal and external partners.
• Strong ability to promote Self-Help through writing, presentations and networking
• Ability to effectively plan, organize and prioritize multiple tasks and/or projects to meet deadlines.
• Ability to self-motivate, identify challenges and opportunities and coordinate team responses.
• Keen attention to detail and accuracy.
• Knowledge of accounting, ability to read and analyze financial statements required and ability to create and interpret financial projections preferred.
• Proficiency in Microsoft programs including Word, Excel and PowerPoint.
• Ability and willingness to travel up to 20%. 2
• Ability and willingness to work beyond normal work hours, as needed.

Preferred Qualifications

• Experience in negotiating terms of legal agreements.
• Experience working in the community development sector, in the CDFI industry

Ability to demonstrate Self-Help's Core Values:

• o Mission Before Self
• o Service With Excellence
• o Embracing & Promoting Change
• o Results Not Credit
• o Diversity as a Strength
• o Financial Sustainability for Mission Impact

Self-Help is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Company Disclaimer:

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.

Self-Help is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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.