|The Community Fund Manager responsibilities include the evaluation, underwriting, selection, recommendation for approval and compliance for multiple programs, including the CDFI Fund applications, providing technical assistance to member institutions and community organizations concerning the CDFI programs as well as the Community Investment Program (CIP) and Economic Development Program (EDP). This individual will also promote and market the CDFI Loan Fund to CDFI members and assist in the preparation of related marketing materials. Serves as the primary departmental approver of all CIP/EDP advances and Letters of Credit (CIP/CICA Programs). Responsible for loan fund and other grant program targeting both member and non-member CDFIs.
Establish and execute the CDFI Pilot program. Complete pilot and coordinate integration of the CDFI Loan Fund as a primary economic development program for the Community Investment department.
Conduct the analysis, review, and recommendation for approval of CDFI Fund and Grant program applications. Make application approval/denial decisions for CICA programs.
Provide technical assistance and training to member institutions, nonprofit organizations and community/government leaders on the features and uses of the programs and CIP/EDP advances.
Analyze assigned program disbursement requests to ensure application is viable for funding. Disburse program transactions upon approval.
Provide manager with updates and status reports on assigned programs.
Create, analyze and present CDFI Loan Fund project status reports and other information to ensure that loan fund recipient’s loans are performing.
Up to 15% travel required to participate in various speaking engagements and promotional appearances primarily to market the programs to members and the public. Coordinate activities and events with other departments such as Corporate Communications, Member Sales and Member Services as necessary.
Coordinate CDFI member relationship management with Member Sales.
Have a working knowledge of the Bank’s other products and services, especially those offered by the Community Investment department (AHP, HELP, SNAP, DRA & voluntary programs).
Develop and maintain knowledge of local, state and national programs that are involved in CDFI finance and Native CDFI housing finance; so as to provide assistance and update policies and procedures to ensure effective administration of the CDFI programs.
Perform user acceptance and validation testing and maintenance of internal systems and applications related to the CDFI Fund and grant programs. Ensure implementation is in compliance with department internal controls, policies and procedures, FHFA regulations and Bank policy.
Participate in the planning, organizing and updating of quarterly management reports as directed.
Other duties as assigned.
Job RequirementsBachelor’s degree required, with a major in business, finance, economics or real estate preferred.
4+years of financial analysis or credit underwriting expertise associated with small business lending, business banking, commercial finance or other demonstrated lending experience.
Excellent problem solving, decision making, presentation, interpersonal, oral and written communication skills.
Strong organizational skills with an attention to detail.
Self-starter with an ability to work independently as well as within a team structure.
Proficient in MS PowerPoint, Excel and Word.
Ability and flexibility to travel and/or make presentations at Bank and industry functions, workshop, conferences, conduct member visits, etc.
Maintain a working knowledge of the CICA regulations, Voluntary Program procedures and Affordable Housing Program Implementation Plan.