Finance Director directs an organization's financial policies, planning, reporting and controls. Oversees all financial functions including accounting, budget, credit, risk, tax, and treasury. Being a Finance Director generally is the second most senior finance executive. Requires a master's degree in accounting or finance or equivalent. Additionally, Finance Director may require the Certified Public Accountant (CPA) credential. Typically reports to chief financial officer (CFO). The Finance Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Finance Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Position Reports to: Director, Loan Origination
Location: Los Angeles, CA
Department: Financing
For over 40 years, Nonprofit Finance Fund has provided these nonprofits and their leaders with capital, consulting, and thought leadership. As a community development finance institution (CDFI), we work with nonprofits, partners, and systems to build racial equity and community wealth and well-being. Our vision is a world of equitable prosperity, where communities of color and other systematically excluded communities have the capital, community assets, knowledge, and agency to thrive. You can learn more about our work to achieve that vision by reading our Strategic Plan for 2024-2026 and our commitment to racial equity.
None of this work would be possible without the incredible people who work here. Our team consists of a diverse group of passionate professionals who care deeply about racial equity and community wealth and well-being. You can read more about what it’s like to work here – and read a few examples of “a day in the life” for NFF staff” – on the careers page of our website.
Thank you for your interest in NFF. We hope you’ll join us.
About the Opportunity:
NFF’s Financing team provides loans to nonprofit organizations for their real estate and working capital needs with a commitment to ensuring Black, Indigenous, and communities of color and their leaders have access to and control of the funds they need to meet their goals. Currently, NFF manages around $400 million of financing assets, primarily loans to nonprofit organizations in the education, healthcare, human service, and housing sectors.
The Director, Loan Origination will be primarily responsible for driving lending activity in the Los Angeles/Southern California market(s). This position will partner with the Director, Loan Origination Team Leader in the planning and implementation of strategic initiatives aligned with NFF’s mission, proposing ways to integrate the strategy into the different aspects of the business development work. This role will collaborate closely with NFF Underwriting and Portfolio Management staff to structure and support viable financing opportunities while ensuring successful client experiences.
A successful Director, Loan Origination will contribute to lending process improvements by providing suggestions to streamline and facilitate the team’s workflow. This role will bring in knowledge of key and emerging markets, with a particular focus on Los Angeles/Southern California, to support and inform the loan origination strategy. They will build and nurture relationships with local partners and community anchor organizations in furtherance of the community-centered approach that NFF’s new strategy has as key priority.
This position is based in Los Angeles. This role requires a minimum of 25% travel, and it is expected that 75% of the time will be externally focused. Travel will consist of local client and partner meetings, occasional out-of-town site visits, and local/national conferences.
What you’ll do:
Relationship Management
Loan Originations
Strategy and Market Development
Who you are:
Compensation:
At NFF, we are invested in discussing the depth and breadth of each candidate’s background and experience during the interview process and using that information to determine the best offer while considering internal pay equity. The salary range for this position is $120,000-$140,000. If provided an offer, NFF will determine salary compensation based on relevant skills and years of experience. NFF also takes into consideration internal equity in setting salary bands for each role. NFF provides an attractive benefits package that currently includes up to 18 paid holidays, 3 floating holidays, unlimited vacation time off, health insurance with NFF funded health reimbursement account on medical plan, and employer contributions toward retirement plan. In addition, NFF provides flexibility to work remotely and access to a “work from home” fund, and flexible spending accounts including medical, commuter, and childcare benefits.
Please Note:
Applicants must be authorized to work for any employer in the U.S. We do not currently sponsor for immigration or work permit applications.
All salaries are commensurate with experience and include an attractive benefits package.
Nonprofit Finance Fund is committed to diversity, equity, and inclusion in its workforce. We encourage candidates that will help us live out this commitment to apply.
NFF is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, genetic information, age, or military or veteran status in accordance with federal law. In addition, NFF complies with applicable state and local laws governing non-discrimination in employment in every jurisdiction in which it maintains facilities. NFF also provides reasonable accommodation to qualified individuals with disabilities in accordance with applicable laws. If you require assistance and/or accommodation to use our online tools to search and/or apply for jobs, please contact recruitment@nff.org. We would be happy to work with you.
This job posting provides a general list of the essential responsibilities and qualifications required for this position. It does not represent a contract for employment and NFF reserves the right to change the description and/or posting at any time without notice.
When applying, please DO NOT include any of the following information with your job application: Social Security number; driver's license number or state-issued identification card number; financial account number, or credit or debit card number.