What We Do:
NFF works toward a more just and vibrant society through:
Financing that helps nonprofits and social enterprises expand opportunity in low- and middle-income communities.
Consulting that helps nonprofits and funders connect money to mission and community impact.
Partnering with service providers, funders, and investors to turn money and goodwill into positive outcomes.
Learning that shares experiences and expertise – from ideas to anecdotes to cutting-edge data and analysis.
Nonprofit Finance Fund® (NFF®) advances missions and social progress in underserved communities through financing, consulting, partnerships, and knowledge-sharing. A leading Community Development Financial Institution (CDFI), NFF currently manages over $329 million. Since 1980, we have provided $871 million in financing and access to additional capital in support of over $2.9 billion in projects for thousands of organizations nationwide.
This position represents a great opportunity for a professional interested in helping promote racial equity through community finance. The Community Development Finance Institutions (CDFI) industry has organized billions of dollars around the insight that access to finance is necessary to create opportunity. This industry has an opportunity to reduce racial inequity more directly by investing with greater intention in ways that best support organizations whose work improves racial equity outcomes. The position will support that work and will help to coordinate and manage NFF’s organization-wide efforts to more consistently and deeply live our value of Equity in Action.
This work will:
The Senior Associate, Equity in Action is a grant-funded position for a duration of 24 months, though a successful applicant will contribute to raising additional funding during this time to enable the position to continue after the end of 2021. Seventy percent of this role is focused on supporting activities related to the initial health-focused partnership with our Financial Services practice and 30% will more broadly advance NFF’s enterprise-wide Equity in Action work. In alignment with the strategic plan we are developing now, this will include supporting NFF team members to understand racial equity dynamics better and to become more effective at advancing racial equity internally and in their work, supporting organization-wide efforts to form deep partnerships with select organizations from outside the community finance field who are advancing racial equity, and helping to communicate externally the importance of racial equity considerations in harnessing the potential of the community finance movement.
This position will be based in NFF’s New York headquarters and will report to the CEO with a dotted line to the Managing Director, Financial Services.
Primary Duties and Responsibilities:
Support Financial Services team to implement grant-funded partnership on racial equity – 70%
Help NFF deepen our commitment to Equity in Action – 30%
Essential Requirements for Education and/or Experience:
Specialized Knowledge/Beneficial Skills and Experience:
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. Diverse candidates are encouraged to apply.
NFF is an equal opportunity employer and does not discriminate against any applicant or employee because of race, color, religion, sex, 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.
This job posting provides a general list of the essential responsibilities and qualifications 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.