crosenthal at cdcu.coop
12-04-2007, 08:53 PM
Position Available:
Assistant Director - Community Development Investment Program *
*
The National Federation of Community Development Credit Unions is seeking an Assistant Director for our Community Development Investment Program (CDIP), based in New York City.*
*
The Federation is a 501(c) (3) charitable organization, founded in 1974.* We have a primary dues-paying membership of 225 credit unions serving low-income communities across the United States -- community development credit unions, or “CDCUs.”* In 1982 we founded one of the first community development finance intermediaries in the country, the Capitalization Program for CDCUs (recently renamed, the Community Development Investment Program, or “CDIP”).* Over the last 25 years, we have invested nearly $60 million in low-income credit unions, which we have raised from national and regional foundations, banks, social investors, and government. We are a certified community development financial institution (CDFI) and a leader of the CDFI movement nationally and in New York State.*
*
The CDIP currently manages approximately $35 million, which is invested in more than 100 CDCUs across the country as deposits, equity-like subordinated debt, and grants.* The Assistant Director is our key portfolio manager.* He/she will have extensive duties that include: marketing the program; underwriting applications from CDCUs; managing investment documentation; and reporting to funders.* He/she will supervise a Portfolio Associate and will be supervised by the Director of the CDIP.***
*
This is an excellent opportunity for an individual with strong financial, *analytical, and communication skills, coupled with a commitment to the empowerment of low-income and minority communities.** A bachelor’s degree is required; an MBA and/or additional professional training is highly desirable.* A minimum of three years of finance-related experience is required.* Knowledge of and/experience in credit unions, banking, or investments is extremely desirable.* *
*
The Federation offers excellent benefits and an informal, flexible work environment in the lower Manhattan financial district. The Federation is an Equal Opportunity Employer.* Please visit our web site, cdinvestment@cdcu.coop (cdinvestment@cdcu.coop).
*
*
Clifford Rosenthal
President/CEO
National Federation of
*Community Development Credit Unions
116 John Street, 33rd Floor
New York, NY 10038
www.cdcu.coop
*
This post transferred from the cdb-l mailing list
Assistant Director - Community Development Investment Program *
*
The National Federation of Community Development Credit Unions is seeking an Assistant Director for our Community Development Investment Program (CDIP), based in New York City.*
*
The Federation is a 501(c) (3) charitable organization, founded in 1974.* We have a primary dues-paying membership of 225 credit unions serving low-income communities across the United States -- community development credit unions, or “CDCUs.”* In 1982 we founded one of the first community development finance intermediaries in the country, the Capitalization Program for CDCUs (recently renamed, the Community Development Investment Program, or “CDIP”).* Over the last 25 years, we have invested nearly $60 million in low-income credit unions, which we have raised from national and regional foundations, banks, social investors, and government. We are a certified community development financial institution (CDFI) and a leader of the CDFI movement nationally and in New York State.*
*
The CDIP currently manages approximately $35 million, which is invested in more than 100 CDCUs across the country as deposits, equity-like subordinated debt, and grants.* The Assistant Director is our key portfolio manager.* He/she will have extensive duties that include: marketing the program; underwriting applications from CDCUs; managing investment documentation; and reporting to funders.* He/she will supervise a Portfolio Associate and will be supervised by the Director of the CDIP.***
*
This is an excellent opportunity for an individual with strong financial, *analytical, and communication skills, coupled with a commitment to the empowerment of low-income and minority communities.** A bachelor’s degree is required; an MBA and/or additional professional training is highly desirable.* A minimum of three years of finance-related experience is required.* Knowledge of and/experience in credit unions, banking, or investments is extremely desirable.* *
*
The Federation offers excellent benefits and an informal, flexible work environment in the lower Manhattan financial district. The Federation is an Equal Opportunity Employer.* Please visit our web site, cdinvestment@cdcu.coop (cdinvestment@cdcu.coop).
*
*
Clifford Rosenthal
President/CEO
National Federation of
*Community Development Credit Unions
116 John Street, 33rd Floor
New York, NY 10038
www.cdcu.coop
*
This post transferred from the cdb-l mailing list