Sr. Associate Capital Development

Self-Help Services Corp; Durham (NC); Hybrid; USD 90,000 - 135,000; Full time

Job summary

Self-Help seeks a Sr. Capital Development Associate for our Durham, NC team (also serving Chicago, IL; Oakland, CA; Charlotte, NC). You will develop funding opportunities, prepare debt/equity proposals, and manage complex closing processes while maintaining funder relationships.

Ideal candidates hold a bachelor’s degree or higher, 5+ years in financial management or lending, and experience with tax credit programs. Travel up to 20% and occasional after-hours work may be required.

Qualifications

• Bachelor’s degree or equivalent; Graduate degree preferred.
• 5+ years in financial management, legal, program management, lending or capitalization; 10+ years preferred.
• Experience with tax credit programs (NMTC, HTC, LIHTC, ITC) preferred.
• Strong commitment to creating economic opportunity for underserved communities.
• Preference for teamwork and collaboration.

Responsibilities

• Develop funding opportunities with banks, foundations, and insurers.
• Investigate funding opportunities with active and potential funders.
• Prepare proposals for debt and equity opportunities.
• Negotiate terms with funders.
• Manage or lead complex finance closing processes.
• Maintain relationships with active funders.
• Support event planning and conferences for exposure to funders and industry best practices.
• Document and track commitments to funders.
• Prepare quarterly and annual reports for funders.
• Support program compliance on funding awards.

Skills

Financial management

Lending

Program management

Capitalization

Tax credit programs knowledge

Travel up to 20%

Education

Bachelor’s degree or equivalent

Graduate degree preferred

Tools

Microsoft Word

Excel

PowerPoint

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:

• 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:
  • Mission Before Self
  • Service With Excellence
  • Embracing & Promoting Change
  • Results Not Credit
  • Diversity as a Strength
  • 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.

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.

Welcome to Self Help Careers! Self-Help is a family of Mission Driven non‑profit financial organizations. Our national foot‑print means we offer strong benefits and opportunities across the country. Our inclusive collegial culture means that no matter where you're located, you're part of a shared mission. At Self‑Help we don't just go to work. We create change - and we do it together. Join Us!

If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs, please request the appropriate accommodation by emailing: applicationassistance@self‑help.org.