VICE PRESIDENT CAPITAL SOLUTIONS LEAD

Opportunity Finance Network • Washington, DC

43m • Hybrid

About The Position

OFN recently launched its long-term model for building and funding bold, replicable solutions for the CDFI Industry to unlock capital, scale innovation, and navigate a changing economy. Its CDFI Innovation Initiative is powered by three core program areas: an Innovation Council, an Innovation Center, and Innovative Capital Solutions that provides blended capital designed to drive high-potential ideas from concept to scale. The VP, Capital Solutions Lead will lead sourcing, underwriting, and structuring activity for OFN’s Innovative Capital initiative. This position will develop relationships across OFN, working closely with OFN’s Programs team, to support OFN’s innovation strategy.

Requirements

• Bachelor’s Degree or 7-10 years direct work experience in lieu of a degree
• 12+ years finance-related professional experience required such as microfinance, lending, impact investing, investment banking, or private equity (8+ with a graduate degree for VP, Capital Solutions Lead)
• 5+ years demonstrated experience with financial statement analysis, financial modeling, equity and credit analysis and underwriting is required
• Experience with impact investment equity and debt analysis is required
• Experience investing in financial institution innovation, CDFIs, or microfinance institutions is required
• Strong analytical and financial modeling/analysis experience
• Advanced knowledge of MS Excel
• Exceptional writing skills including experience presenting complex subject matter to nonexperts in understandable terms
• Related experience in underwriting and structuring investment strategies that generate positive social impact related to community and economic development (i.e., affordable housing, entrepreneurship, quality jobs, financial inclusion)
• Must possess a strong passion for, understanding of, and commitment to OFN’s mission, vision, and values
• Be a fearless advocate, who is confident and resilient in OFN’s fight to drive capital into low-income communities
• A collaborative team player who possesses the interpersonal skills to work across all levels of the organization, humility, and a willingness to learn in all areas of our work
• Be a strong team contributor, effective and comfortable in leading as well as supporting roles within teams
• Be a smart, quick seeker of knowledge with the ability to think strategically, creatively, and tactically to analyze results and assist in implementing plans for increasing capital to communities we serve
• Solid understanding of accounting principles with ability to apply knowledge to assessing risk and performing financial underwriting
• Demonstrated leadership ability with superior interpersonal skills and ability to work well with diverse constituents
• Superior organizational skills and ability to manage multiple tasks effectively and efficiently under minimal supervision as well as ability to set priorities and meet deadlines under pressure without sacrificing quality
• Understanding of loan and equity documentation and risk mitigation strategies
• Some travel (15% of time)
• Job involves normal physical requirements for an office position

Nice To Haves

• Chartered Financial Analyst (CFA) or master’s degree in a relevant field of study
• Experience with the CDFI Industry
• Experience in capital markets

Responsibilities

• Leads origination activity for approximately $30 million in initial new investments through OFN’s Innovation Capital initiative for a complex suite of impact investment products including grants, equity, and debt instruments
• Stays abreast of market trends and sources potential investments through active outreach and relationship-building with OFN members and stakeholders
• Analyzes quantitative information including historical performance, financial statements, and projections
• Assesses qualitative information, including mission alignment, impact achievement, operations, management functions, and capacity to scale
• Conducts financial analysis, including building financial models to inform investment structure, terms, and assess risk
• Prepares investment memoranda, synthesizing the business and impact case and the potential risks and mitigants of a project and presents to OFN senior leadership and internal and external investment committees
• Strategizes and supports the negotiation of investment terms and development of legal documents
• Develops underwriting frameworks, policies, and procedures for OFN’s Innovation Capital initiative
• Analyzes economic data, market research, industry trends, and portfolio data to inform business strategies and identify opportunities for growth and risk mitigation
• Actively engages in cross functional collaboration related to OFN’s innovation work across the organization, including, but not limited to OFN’s Development & Capitalization, Programs, and Network Services teams
• Leads originations for OFN’s core balance sheet CDFI lending activity, including analyzing financial statements, loan portfolios, lending policies and procedures, management teams through OFN’s CAMEL framework
• Supports monitoring and reporting activity in coordination with the Credit Risk & Portfolio Management team
• Supports closings, and fund disbursements in coordination with the Investment Operations team
• Represents OFN at industry conferences, panels, and webinars
• Trains and mentors Investment Originations and Credit Risk & Portfolio Management staff
• May have supervisory responsibilities
• Fosters a culture of accountability, transparency, and collaboration within the Investment Services team

Benefits

• dental care plans
• health care plans
• vision care plans
• family-building benefits like hybrid work arrangements to promote a better work-life balance
• Lifestyle Spending Account
• Employee Assistance Program
• mental health benefits
• financial education
• auto-enrollment in the company's 403(b) plan with employer contributions
• professional development dollars for each employee
• learning and development opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 11-50 employees