Jobs

Updated February 9, 2015

We currently have two open positions:

RSF also offers Internship and Fellowship programs each year.

Imagine working with a group of thoughtful, committed colleagues to transform the way the world works with money.

At RSF Social Finance, we bring our individual passions, experience, and skills to meet the needs of others through innovative and integrated investing, lending, and giving services that generate positive social and environmental impact while fostering community and collaboration among participants.

With a 30 year track record of deploying loans, grants, and other catalytic capital to non-profit and for- profit social enterprises, RSF is recognized nationwide as a leader in the field of social finance. As an organization of fewer than 50 employees, RSF’s approach is to grow our team by adding one person at a time. In doing so we identify and seek a particular set of skills and experience to meet specific organizational needs, while seeking candidates who are also aligned with our purpose, values, and operating principles.

Job Announcement: Senior Associate, Information Systems

 

Position Summary:

RSF Social Finance seeks to hire a full-time Senior Associate, Information Systems responsible for activities related to RSF’s systems, data, and reporting systems. This position also provides systems support to internal and external users, staff education and training related to systems, and desktop support, and engages in report design and generation of client statements. Software supported includes MS Office, Salesforce, Navision, Nortridge Loan System, and LaserPro.

Responsibilities:

Systems Training

  • Train new and existing employees on RSF’s database systems, including Salesforce, Navision, Nortridge Loan System, and LaserPro.
  • Provide refresher trainings on MS Office Suite for productivity recommendations.
  • Provide refresher trainings on additional technologies available such as Salesforce apps, online meeting tools, etc.
  • Create training agendas for new employee onboarding, staff refresher trainings, and brown bag sessions.
  • Produce process documentation for implemented systems as needed for all program areas, both as a supplement to current process documentation and for training or process enhancement purposes.
  • Periodically review training and reference materials posted to intranet to ensure accuracy and usability.

End User Support

  • Identify and resolve systems issues. Provide user support including but not limited to bug resolution, data entry, and data clean up, for RSF’s database systems, including Salesforce, Navision, Nortridge Loan System, and LaserPro.
  • Improve RSF’s existing systems by making recommendations for system enhancements, upgrades, process improvements, and staff education.
  • Monitor information security procedures to ensure confidentiality with regard to the information being processed, stored, or accessed by the network.
  • Identify trends in user support issues for recommendations on feature improvements and/or training opportunities.
  • Provide technical support for RSF’s webinars and virtual meetings as needed.
  • Act as first point of contact for external users of RSF’s online client portal.

Reporting

  • Develop and maintain RSF’s reporting tools for all program areas utilizing Salesforce reports and dashboards, Jet Reports, and Excel. Produce regular periodic reports as well as ad-hoc custom reports as needed.
  • Produce RSF’s quarterly client statements including hard copy production and posting of soft copy reports to RSF’s online statement system.

IT/Desktop Support

  • Act as point person for IT/desktop support issues. Provide solutions for easily resolved issues.
  • Coordinate desktop support for issue resolution with RSF’s IT consultants as needed.
  • Track and maintain RSF’s list of outstanding IT/desktop support requests submitted to RSF’s IT consultants.
  • Provide summary of outstanding issues to Director of Information Systems for monthly IT/desktop support meetings.
  • Document solutions for common issues. Periodically review support documentation posted to intranet to ensure accuracy and usability.
  • Manage new user setups and process checklists. Assist with setup of new hire workstations.
  • Assist with purchases of hardware and software.
  • Record and maintain inventories of RSF’s hardware and software, and keep records of user access and security levels.
  • Other duties as assigned.

Knowledge, Skills, and Abilities:

  • Minimum 3 years’ related work experience in systems and desktop support and/or data reporting and/or IT training
  • Bachelor’s degree or equivalent experience
  • Experience with MS Office Suite, including advanced Excel skills
  • Experience with HTML; SQL queries a plus
  • Strong knowledge of complex database systems such as Salesforce, Microsoft Dynamics NAV, Nortridge Loan Systems, and LaserPro; or the ability to quickly learn these systems in order to provide training and support to users
  • Strong analytical skills, particularly the ability to analyze aggregated data and assess accuracy of reports
  • Strong overall technical aptitude
  • Demonstrated experience working with a variety of data systems
  • Proven ability to solve complex problems
  • Experience creating curricula and training
  • Exceedingly well organized with strong attention to detail
  • Excellent written and oral communication skills required as the position requires daily in-person, phone, and email correspondence with staff
  • Excellent interpersonal, listening skills, and reading comprehension
  • Strong public speaking skills, particularly for delivering staff training presentations
  • Work/volunteer experience in the nonprofit or social finance sector is desirable

Compensation & Benefits:

The expected initial salary for this position is expected to be in the high-$50K to low-$60K range. This position offers the unique opportunity to join an innovative financial services organization with a vision to transform the way the world works with money. Other benefits include:

  • A fulfilling work environment at an supportive and entrepreneurially-driven organization
  • A competitive compensation package including employer-paid medical, dental, and vision
  • Very generous vacation and sick leave benefits plus nine paid holidays per year
  • 403(b) plan with employer-paid contributions after one year of employment
  • Exposure to innovative ideas, projects, and collaborative staff activities
  • Access to numerous professional development opportunities

Application Instructions:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience make you the ideal candidate for this position, specifically highlighting the following:

  • Experience with IT training and/or user support
  • Experience creating reports from complex database systems to fulfill user requests

In the e-mail subject line, please write “Senior Associate, Information Systems”.

Please note that applications without a cover letter will not be considered. No phone calls please.

The application deadline is Sunday, March 8th.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply.

Click here for a printable version of the job description.

Job Announcement: Lending Manager

 

Position Summary:

RSF Social Finance seeks to hire a full-time Lending Manager responsible for business development, preparing initial credit memoranda, and maintaining a portfolio of existing loans. The Lending Manager primarily focuses on strengthening relationships with, and supporting the financing needs of, an assigned portfolio of current Education borrowers. This position also leverages a professional network and marketing skills to create and maintain a robust pipeline of high-impact prospective borrowers (for-profit and non-profit social enterprises), with a focus on independent and charter Waldorf schools. The Lending Manager will create and execute a plan for meeting portfolio balance targets and budgetary goals for RSF’s Education focus area while supporting the social missions of schools and other educational organizations.

Responsibilities:

Relationship & Portfolio Management

  • Provide excellent customer service to lead and manage relationships with existing Education borrowers through regular conversations, correspondence, and site visits as needed.
  • Expand financing as appropriate to existing qualified clients in RSF’s education loan portfolio.
  • In conjunction with Loan Operations, collect, analyze, and monitor borrower financial performance and compliance with all reporting and financial covenants, including social impact assessments.
  • Proactively recommend waivers, restructuring plans, and work-through plans as needed for non-performing loans.
  • Develop and execute on a “Learning Community” plan to engage and educate Board Treasurers and Business Managers in best practices around enrollment, budgeting, and fundraising for schools.

Business Development

  • Generate new loan business that meets RSF’s standards for credit quality, social impact, and revenue targets.
  • Respond to and evaluate inquiries from prospective Education borrowers. Develop relationships and promote lending products to prospective clients.
  • Develop and maintain a network of referral sources based on deep and broad knowledge of the Education focus area, with particular focus on strengthening RSF’s relationships with Waldorf and Waldorf-inspired schools in North America.
  • Attend and represent RSF at industry events, meetings, and conferences.
  • Provide mentorship to one RSF Social Impact Fellow as part of RSF’s annual fellowship program.

Transaction Stewardship

  • Conduct initial due diligence and drive execution of funding through negotiation and deal structuring. Conduct site visits with prospective borrowers. Negotiate and prepare term sheets.
  • As appropriate, work across RSF departments to identify, secure, and deploy philanthropic capital alongside debt instruments within RSF’s integrated capital strategy.
  • Prepare initial credit memoranda for Credit Committee Review.
  • Participate in weekly Credit Committee meetings.
  • Perform other duties as assigned.

Knowledge, Skills, and Abilities:

  • An bachelor’s degree, preferably in Education, Business Administration, or Finance; MBA, MEd, other relevant advanced degree is preferred
  • One or a combination of the following:
    • 7+ years’ commercial lending experience, including financial and operational due diligence of small businesses and familiarity with legal aspects of investment structures; experience lending to K-12 educational institutions strongly desired
    • 7+ years’ full time experience in a business manager (or similar) role at an independent or charter school; experience working with debt financing strongly desired
  • Familiarity with both for-profit and non-profit borrowers strongly preferred
  • Experience working with, and a strong understanding of financial and operational needs of, independent and/or charter schools
  • Strong oral and written communication skills, including the ability to produce credit memoranda for approval, articulate RSF’s lending philosophy and loan products, and the ability to converse by telephone with potential and existing clients
  • Ability to analyze for-profit and non-profit financial statements, along with deep and broad asset and cash flow based credit analysis skills
  • High comfort level with networking and public speaking; exceptional networking and relationship development skills
  • Ability to exercise good judgment, with minimal supervision, to manage time effectively, solve significant loan structuring problems, determine and address RSF’s needs
  • Strong Salesforce and/or other CRM skills

Compensation & Benefits:

The expected initial salary for this position is expected to be in the $70K range. This position offers the unique opportunity to join an innovative financial services organization with a vision to transform the way the world works with money. Other benefits include:

  • A fulfilling work environment at an supportive and entrepreneurially-driven organization
  • A competitive compensation package including employer-paid medical, dental, and vision
  • Very generous vacation and sick leave benefits plus nine paid holidays per year
  • 403(b) plan with employer-paid contributions after one year of employment
  • Exposure to innovative ideas, projects, and collaborative staff activities
  • Access to numerous professional development opportunities

Application Instructions:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In the cover letter, please explain why you are interested in the mission, values, and activities of RSF Social Finance. Please also tell us why your skills and experience make you the ideal candidate for the Lending Manager position, specifically highlighting your experience working with financing for Waldorf schools and/or other independent/private/charter schools.

In the e-mail subject line, please write “Lending Manager”.

Please note that applications without a cover letter will not be considered. No phone calls please.

The application deadline is Sunday, February 8th.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply.

Click here for a printable version of the job description.

 

Job Announcement: Senior Commercial Underwriter

 

Position Summary:

RSF Social Finance seeks to hire a full-time Senior Commercial Underwriter who will both underwrite commercial loans to the most catalytic social entrepreneurs in the USA and Canada, and manage RSF’s processes for underwriting and portfolio management. Primary duties include underwriting and obtaining credit approval for formula-based ARIF lines of credit, equipment loans, and commercial owner-occupied real estate credits; loan monitoring and compliance; managing RSF’s underwriting, loan monitoring, and portfolio management procedures and reporting; and partnering with lending managers to ensure effective communication, hand-offs, and values-aligned client engagement. This position supervises a credit analyst.

Responsibilities:

Credit Underwriting

  • Evaluate risk, social impact, and financial sustainability of new and existing clients.
  • Underwrite new loans, amendments, and roll-overs that meet RSF’s standards for credit quality, social impact, and revenue targets.
  • Perform financial analysis and research for new loan inquiries.
  • Conduct industry analysis to examine suitability of potential clients.
  • Collaborate with lending managers and documentation team to develop appropriate loan structures to manage credit and risks of the loans.
  • Recommend and present credits for approval to the RSF Credit Committee. Serve as a voting member of the RSF Credit Committee.
  • Present loans for approval to the RSF Board Loan Committee. Coordinate and communicate with Board Loan Committee members as needed.

Credit Administration

  • Manage the underwriting pipeline and process from executed term sheets to funding.
  • Develop and administer underwriting procedures and tools.
  • Recommend, develop, and implement credit monitoring and measurement tools.
  • Recommend and implement loan flow process improvements.
  • Administer RSF’s Credit and Loan Policies.

Loan Monitoring

  • Oversee the review of borrowing base certificates and disbursement requests for accuracy and compliance with loan terms.
  • Manage the monitoring of borrower financial performance and compliance with all reporting and financial covenants, including social impact assessments.
  • Assess and sign off on documented compliance exceptions.
  • Liaise and engage with clients to discuss financial performance and growth plans.
  • Serve as a resource for lending managers and credit analysts regarding credit and portfolio matters.

Supervision

  • Supervise Associate, Credit & Portfolio Management. Conduct weekly meetings, quarterly work plan reviews, and annual performance and development reviews. Monitor supervisee attendance; review and submit timesheets.

Other Duties

  • Assist with special projects and provide support to the Director, Portfolio Management & Loan Operations as needed.
  • Occasionally attend and participate in RSF Community Pricing Meetings.

Knowledge, Skills, and Abilities:

  • An undergraduate degree, preferably in Business or Finance
  • Minimum 5 years of recent credit underwriting experience in a commercial credit department of a community bank, credit union, CDFI, or similar financial institution
  • Experience with both for-profit and not-for-profit clients
  • Passion for, and familiarity with, social finance, social enterprise
  • Strong oral and written communication skills, including the ability to produce initial credit memorandums for approval, articulate RSF’s lending philosophy and loan products, and converse by telephone with potential and existing clients
  • Demonstrated analytical ability, including the ability to understand repayment risks in various industries and mitigate them to the satisfaction of RSF and social entrepreneurs
  • Experience implementing projects and credit and loan policies and procedures
  • Demonstrated passion for developing a strong and sustainable credit culture
  • Self-motivated credit professional that is comfortable operating in a changing industry
  • Supervisory experience preferred but not required

Compensation & Benefits:

This position offers the unique opportunity to join an innovative financial services organization with a vision to transform the way the world works with money. Other benefits include:

  • A fulfilling work environment at an supportive and entrepreneurially-driven organization
  • A competitive compensation package including employer-paid medical, dental, and vision
  • Very generous vacation and sick leave benefits plus nine paid holidays per year
  • 403(b) plan with employer-paid contributions after one year of employment
  • Exposure to innovative ideas, projects, and collaborative staff activities
  • Access to numerous professional development opportunities

Application Instructions:

Please submit your resume via e-mail to HR@rsfsocialfinance.org along with a thoughtful cover letter. In your cover letter please include the following:

  • Outline your experience underwriting commercial loans to small/medium sized businesses.
  • Why, in your opinion, is it important that a lending institution have a strong credit culture?
  • What excites you about lending to non-profit and for-profit social enterprises?

In the e-mail subject line, please write “Senior Commercial Underwriter”.

Please note that applications without a cover letter will not be considered. No phone calls please.

RSF Social Finance is an equal opportunity employer; candidates representing a diversity of backgrounds are encouraged to apply.

Fellowships and Internships

In the spirit of building the field of social finance, RSF Social Finance offers fellowship and internship programs each year open to talented college students and recent graduates.

Social Impact Fellowship

Various locations across the US and Canada

Each year, RSF seeks exceptional, analytical, and entrepreneurial Social Impact Fellows to serve in an eight month Fellowship role.  Open to graduate students and professionals within the US and Canada who are seeking a career in social finance, Social Impact Fellows identify, vet, and pitch promising social impact businesses and organizations to RSF for financing (senior-secured debt.) The Fellow is responsible for scanning and understanding the local, regional, and national landscape for high potential innovations, trends, and movements within RSF’s focus areas that emphasize the creation of social value and impact; sourcing for-profit and non-profit social enterprises that exhibit both financial sustainability and significant social impact; conducting preliminary due diligence including financial analysis and underwriting on live deals within RSF’s pipeline; and presenting the business case for investment to senior staff at RSF. Successful Fellows will gain a reputation for his/her strategic ability to spot and qualify ground-breaking and pioneering approaches to solving pressing social problems through business.

The fellows for 2014-2015 have been selected. Check back for future opportunities.

Internships

Internship positions are typically available during the summer term of each year, in which Intern(s) work closely with one or more departments within RSF. Exact duties and qualifications for the position(s) vary from year to year. Internships are paid, and require an on-site commitment of 10-12 weeks over the summer. Internships are typically announced by March 1st of each year, with an application deadline of mid-to-late March. Unfortunately, RSF is unable to offer an internship program for Summer 2014. Graduate students should consider applying for the Social Impact Fellows program for the 2014-15 school year.

  • Printed from http://rsfsocialfinance.org/jobs/