Headquartered in Philadelphia, Reinvestment Fund operates nationally with regional offices in Baltimore, MD, and Atlanta, GA. Reinvestment Fund is a national mission-driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.
As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.
At Reinvestment Fund, you’ll be part of a talented and passionate team of communicators and business development staff, lenders, portfolio managers, analysts, grant program managers, accountants, and policy researchers who bring their unique talents to our mission.
Reinvestment Fund is currently undergoing a multi-year race, equity, and inclusion organizational change process, and we are seeking candidates who share a commitment to advancing racial equity and anti-racism and are prepared to engage in that work.
Reinvestment Fund is maintaining a 100% remote work environment through mid-2022 due to COVID. Reinvestment Fund expects to provide a flexible work arrangement that will be a hybrid home/office work arrangement in 2022 and beyond. It is anticipated that a combination of working remote and two days in a Reinvestment Fund office location will allow for face-to-face interactions. Depending on the nature of the job, a more flexible work schedule may be considered.
Reinvestment Fund is currently hiring a Director, Lending & Investments within the lending and investment department, who will be an integral member of the MidAtlantic region originations team. The Director will be responsible for cultivating client relationships through the complete lifecycle of a loan, from client acquisition, underwriting, closing, and relationship management, primarily for community facility and bridge loans including but not limited to arts and culture facilities, charter schools, youth
development facilities, and affordable for-sale and rental housing. Loan responsibilities will also include leverage source loans for New Markets Tax Credit Transactions and permanent loans. This individual will be responsible for a volume of annual originations, but more importantly for ensuring that the loans and relationships are consistent with the mission of Reinvestment Fund. The Director, Lending & Investments will report to the Regional Director, Lending & Investments for the MidAtlantic region.
Originations requires a high level of independent, analytical work, strong interpersonal skills, and good judgment. Staff juggle several projects at a time and regularly adjust priorities based on new deadlines. Staff are expected to be flexible and accountable to the team. They are supported by a collaborative, collegial environment and responsive management.
Qualified candidates should have either a financial industry background, experience in commercial lending, or experience in community and economic development as well as outstanding organizational skills. Strong analytical skills in mission areas such as housing policy outcomes, commercial real estate management, or the arts can supplement less financial background. The successful candidate will have a track record of working collaboratively on projects and will have a demonstrated affinity for working in a team setting. They will be passionate about using finance to change people’s lives for the better.
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with different abilities to perform the essential functions.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability, and life insurance, 401(k) retirement savings plan with employer match, flexible spending accounts (medical, dependent care), commuter benefits, tuition reimbursement, paid time off, and EAP program.
Please click on the Apply For Position button below and attach your resume and a cover letter.
Reinvestment Fund uses E-Verify to validate all new hires’ ability to work in the United States legally. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disabilities, or status as a veteran.
Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) which is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals, this reporting will extend to your household members. You may be subject to a background check.
COVID-19 Vaccination Update: We value the safety and well-being of our RF Community, which includes staff and beyond. As such, our team has chosen to require all staff, interns, and contractors to be fully vaccinated as a contingency of employment. Candidates should consider this requirement before applying.