Logo
NFF Board

Senior Director, Environmental Justice Loan Program Los Angeles, California, Uni

NFF Board, Los Angeles, California, United States, 90079


Senior Director, Environmental Justice Loan Program

Position Reports to:

Vice President, FinancingLocation:

This position is fully

remote,

however we have a preference for someone who resides in commutable distance to NFF’s New York office. Other fully remote locations near Los Angeles, Oakland,

Philadelphia

or Boston, will be considered.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

.N

one 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 communities of color and leaders of color 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.We have had a limited focus on green lending where our investments are tied to the reduction of emissions, energy savings and/or remediation of properties. We have a portfolio of loans that capture all of these environmental improvements, but we are now moving toward intentional investments in this space. The flow of funding under the Greenhouse Gas Reduction Fund (GGRF) will be a major source of capital, through both the National Clean Investment Fund (NCIF) and Clean Communities Investment Accelerator (CCIA). NFF is working on pipeline development as this capital, and other sources like the NY Decarbonization Fund, becomes available and terms defined.We are seeking a Senior Director, Environmental Justice Lending, to lead the development and growth of NFF’s green lending portfolio, in alignment with NFF’s mission and strategic plan.

NFF is

at the start of this work, and this position will play a central role in growing our relationships, partnerships, position and financing in this space nationally. In addition to the external leadership of this role, the Senior Director, Environmental Justice Lending will play an important organizational role in training and supporting the lending staff in the origination, structuring, and underwriting of related loans. Internally, this role will serve as an in-house expert at the intersection of climate and lending that trains, supports, and coaches other staff who serve asgeneralists across various functional areas (e.g., business development, underwriting and closing, portfolio management). Additionally, the role will collaborate with other departments across the organization, including Consulting, Community Engagement, Investor Relations, Development and Marketing & Communications to collaborate and raise NFF’s profile in this sector, in support of cross-organizational strategic priorities around Environmental Justice. Please review

NFF's 2024-2026 Strategy here

.A successful Senior Director,Environmental Justice Loan Programwill help us design and execute our approach to lending by prioritizing the needs of strategically aligned organizationsand centering communities of color who are disproportionately harmed by pollution burdens and climate vulnerabilities. This is an opportunity for someone to lead this work at NFF and within the industry.The preference is for the position to be in commutable distance to NFF’s New York office location. Remote locations will be considered. Our offices have re-opened, and staff can opt into in-person work as desired and based on the needs of the role. There is potential for up to 15% travel, which will consist of client visits, local/national conferences, and partnership building.The Senior Director, Environmental Justice Loan Program will report to the Vice President, Financing who is based in Philadelphia.What

you’ll

do

:In partnership with the VP of Strategic Initiatives and VP of Financing, develops a strategy for our green lending that responds to needs for appropriately structured and priced loans; aligns with NFF’s impact and business goals.Design loan products that can fill market needs and gaps, and leverage the capital available through GGRF and any other federal, state, and philanthropic sources that NFF is able to access in support of its EJ Loan ProgramLeads the development of internal infrastructure necessary to expand and scale up NFF’s environmental lending, which may include things like: templates for loan term sheets, due diligence checklists, and credit memos; standardized reporting requirements and loan covenants; best practices for portfolio management and loan monitoring; training staff on green lending best practices, common risks and techniques for risk mitigation; typical capital sources, capital stacks, and funding streams; among others.Ensures NFF’s lending in the environmental space is well positioned to support nonprofit organizations led by and serving people of color, working to lower facility emissions and facing barriers to obtaining financing.Coordinates with the Market Leaders on NFF’s lending team and NFF Community Engagement staff to identify gaps and opportunities for NFF to finance environmental projects, particularly those in geographies where NFF has an active presence and/or relationships (e.g., NYC, Los Angeles, Philadelphia, Bay Area, Massachusetts, Boston, Colorado, New Jersey), as well as in possible expansion areas to be identified.Coordinates with all NFF Financing staff who will help with implementation of local and national strategies, and meeting lending goals, including loan origination, underwriting, portfolio management, and New Markets Tax Credit teams.Deepens and maintains strong networks with community level associations, peer CDFIs and other lenders, funders and investors.Serves as an NFF environmental justice expert; share knowledge internally and externally, represent NFF in various industry associations and working groups, among other ways.Builds NFF’s brand among partners and stakeholders; raises awareness of our goals and available capital to support environmental justice; and develops our reputation over time as a vital CDFI in this space.This will be accomplished through direct relationship building and networking, as well as by working with our Marketing & Communications team to develop and post relevant content via social media, as well as occasional emails, blogs, etc.Loan Origination, Structuring, and Portfolio ManagementResponsible for building pipelines sufficient to meet lending goals and requirements of GGRF and other related capital.Collaborate with the Market Leaders on NFF’s Origination team in development of pipelineIdentify, assess, and shepherd viable lending opportunities into and through the loan pipeline.Conduct the analysis of environmental loan opportunities, including the following: project feasibility; capital stack; borrower structure and financials; development team qualifications and track record; market studies and community engagement; project cash flow, repayment and/or take-out sources; impact & community benefits; and other relevant areas as appropriate.Support Underwriting team in proposing appropriate loan structures, reporting requirements, covenants, and other loan featureswhere particular environmental loan products or project features may require the expertise provided by this role.Assist Portfolio Management team in reviewing borrower reporting where staff need additional context or environmental expertise; provide support on requests for modifications, extensions, and waivers for loans in

the

environmental

portfolio as needed.Collaborate with Portfolio Management team to establish best practices around monitoring and risk analysis of the

environmental

portfolio overall; provide context on sector and market trends that may impact credit quality within the

environmental

loan p

ortfolio.Who you are:You have a minimum of 8 -10years of professional work experience, with at least7yearsinthe environmental justice and lending space.You are proficient in reading and understanding financial statements, project budgets, and operating pro formas/cash flow projections.You have market knowledge and relationships in the environmental sector.You have experience working on programs which require significant government compliance.You have a strong relationship-building approach with the ability to center the needs of clients and communities.You are a strategic thinker; you combine strategy and innovation to successfully design and implement processes, systems and policies that support the organization's overall vision and growth.You possess strong project management skills with demonstrated success managing multiple projects and priorities.You have an aptitude for problem-solving and are able to identify challenges and provide solutions.You maintain a high level of integrity and are able to handle sensitive information in a confidential mannerYou are flexible, adaptable, and willing to pivot on short notice to meet the organization’s needsYou are committed to continuous improvement and demonstrate a growth mindsetYou have exceptional and proactive communication (verbal and written) and interpersonal skillsYou enjoy collaborating with team members who are working together to re-envision the Community Development Finance IndustryAt NF

F

, we are invested in discussing the depth and breadth of each candidate’s background and experience during the interview process and using that informati

on to

determine

the best offer while considering internal pay equity.The salary range for this position

is

$

152

,

7

00-$

160

,000

.

If provided an offer, NFF will

determine

salary compensation based on relevant skills and years of expe

rience.

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 equalopportunity 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 qualificatio

ns

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.Accepted file types: pdf, doc, docx, txt, rtfAccepted file types: pdf, doc, docx, txt, rtfLinkedIn ProfileWhat are your pronouns?Does the stated salary range in the job description align with your salary expectations? *

Select...Are you legally authorized to work in the United States on a full-time basis? *

Select...Will you now or in the future require sponsorship for employment visa status? *

Select...How did you hear about this job? *

Select...If you responded "Referral" to the previous question, please specify who referred you. If you were not referred by anyone, please state "N/A" below. *This position is fully remote, however we have a preference for someone who resides in commutable distance to NFF’s New York office. Other fully remote locations near Los Angeles, Oakland, Philadelphia or Boston, will be considered. Please check off which NFF office(s) you are interested in.

*New YorkOaklandPhiladelphiaWhy are you interested in this position? What do you find particularly compelling about this role? *Why do you want to work in the nonprofit sector and for Nonprofit Finance Fund in particular? *Describe your experience with green lending, finance and/or development that you would bring to this position. *This role requires an ability to center the needs of clients and communities while balancing credit and risk considerations. Please provide an example of a time you had to do something similar. *NFF recognizes the impact systemic racism has had in divesting from Black, Indigenous, and communities of color. One of our key priorities is to provide capital to organizations led by Black, Indigenous, and people of color. What makes you positioned to work with leaders of color and communities impacted by climate change and other environmental injustices? *Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.As set forth in Nonprofit Finance Fund’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.Select...Voluntary Self-Identification of Disability

Form CC-305Page 1 of 1OMB Control Number 1250-0005Expires 04/30/2026Voluntary Self-Identification of Disability

Form CC-305

Page 1 of 1

OMB Control Number 1250-0005

Expires 04/30/2026Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp .How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability.

Disabilities include, but are not limited to:Alcohol or other substance use disorder (not currently using drugs illegally)Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDSBlind or low visionCancer (past or present)Cardiovascular or heart diseaseCeliac diseaseCerebral palsyDeaf or serious difficulty hearingDiabetesDisfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disordersEpilepsy or other seizure disorderGastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndromeIntellectual or developmental disabilityMental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSDMissing limbs or partially missing limbsMobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supportsNervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilitiesPartial or complete paralysis (any cause)Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysemaShort stature (dwarfism)Traumatic brain injury

Disability Status

Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

#J-18808-Ljbffr