Join our MEDA Team
At MEDA, we find meaning and fulfillment in investing in people’s lives. We work collaboratively to close the opportunity gap for low- to moderate-income Latino families in San Francisco’s Mission District by providing them access to affordable housing, career and small-business development, education and more. As MEDA continues to strengthen this community, we need more talented professionals dedicated to inspiring positive change – and driven to succeed in a fast-paced team environment. Be one of us!
Your Career Opportunity
As Loan Fund Compliance Officer, you will be a part of a growing finance team that provides loans to small businesses in San Francisco and the surrounding region that are currently underserved by traditional lenders. Working closely with the Chief Financial Officer and Fondo Adelante Director, you will also help us launch a real estate loan program to provide acquisition and rehabilitation financing to affordable housing developers in the Bay Area. With these two loan programs – small business and real estate – MEDA’s Fondo Adelante is providing capital necessary to stabilize and strengthen economically distressed neighborhoods, with a particular emphasis on communities of color.
This work is game-changing and will give the right candidate the opportunity to sustain strong and responsive financial solutions in San Francisco and the Bay area. Successful candidates will bring in their financial management and loan processing skills and experience to help our community grow and prosper.
Specifically, you will:
- Prepare loans for closing, including ensuring all post-approval conditions have been met, perfecting collateral security, collaborating with legal counsel and title and escrow officers on loan documents, and requesting loan checks.
- Collaborate with both Fondo Adelante’s and borrower’s construction managers to verify completion of construction work, and sign off on disbursement of loan funds for contractor payments during real estate rehabilitation projects.
- Oversee monthly billing of borrowers, ACH repayment processing, payment collection follow-up, payoff of loans, and release of collateral security.
- Perform other compliance tasks as the need arises. Different times of the year require different efforts. Tasks may include:
- Reconciliations and schedules for audits, both from funders and from MEDA’s CPA auditor.
- Program budgets during the annual budget preparation.
- Actual versus budget variance analysis.
- Other financial analysis as the need arises.
Your Keys to Success
To perform successfully in this role, you will need to leverage these key qualifications:
- Bachelor’s degree in finance, accounting, or business desirable but not required
- Experience with real estate or affordable housing highly desirable
- Spanish language a plus
- Analytical ability; puzzle-solver; facility with quantitative reasoning.
- Agility in the use of Excel, familiarity with advanced functions.
- Experience in organizational compliance and reporting.
- Commitment to MEDA’s mission and programs.
Your MEDA Experience
Do meaningful work in an innovative workplace, while being challenged for your professional growth.
Joining MEDA means having meaningful experiences that develop achievers – from across the Mission neighborhood and from within our organization. We find meaning and fulfillment in our work as we see this community thrive and are driven to achieve better outcomes by challenging ourselves to innovate in our ways of working.
We offer a market-leading benefits program that reflects MEDA’s values and mission. We invest in people’s lives and support our own people’s health and financial well-being.
Our core benefits include:
- Comprehensive medical, vision and dental insurance for employees and their dependents – 100 percent covered by MEDA
- 401(k) Plan for employees
- Generous paid time off — minimum of 20 days for new employees
- Employee Assistance Program that offer free financial or legal counseling to employees or their families
- Other forms of voluntary benefits
Apply now!
Click on the link below, including your cover letter and resume with the application form.
https://medasf.applicantstack.com/x/detail/a2lg3zap5nqz
