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Vice President, General CounselNew York, New York, United States (New York)

Vice President, General CounselNew York, New York, United States (New York)

Nonprofit Finance FundNew York, NY, United States
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Vice President, General Counsel

The Vice President, General Counsel oversees and manages the provision of all legal services to NFF to ensure maximum protection of its legal rights and to maintain its operations. This position provides strategic guidance, consultation, and support to the leadership team and advises on a comprehensive range of legal and associated issues involved in carrying out the mission of the organization.

While this role engages in general enterprise & governance matters, the core focus of the role is oversight of all legal aspects of our financing and lending operations. The majority of NFF loan closings and documentation are prepared in-house by the General Counsel team. Therefore, this role plays a vital part in assuring borrower loan documents are accurate, state-specific, and comply with lending guidelines. The ideal candidate has a wealth of knowledge of CDFI financial regulations, lending laws, and corporate governance.

This is a US-based remote position, within commutable distance to NFF's Offices in Boston, New York, or Philadelphia. There is a potential for up to 15% travel.

What You'll Do

CDFI & Lending

  • Advises leadership on legal and regulatory matters affecting nonprofit lending and community development finance
  • Draft, review, and negotiate contracts, loan documents, and participation agreements and also manage external counsel to do the same
  • Ensure compliance with federal and state financial regulations, including those specific to CDFIs and CDEs
  • Review and negotiate organization's loan agreements, PRIs, guaranty agreements
  • Select and retain outside paid and pro bono counsel, as required, to obtain legal opinions or to handle claims and litigation
  • Monitor changes in laws and regulations relevant to nonprofit finance and lending
  • In collaboration with the Chief Credit Officer, provides legal advice on activities related to loan workouts and borrower default / delinquencies

Enterprise

  • Manages litigation, disputes, and relationships with external counsel
  • Collaborates with the executive team to develop, review and implement internal policies to mitigate legal risks
  • Review organization's contracts, leases, and other legal documents; research legal issues and recommend revisions as necessary
  • Governance

  • Drafts, reviews and approves board resolutions, bylaws and other governance related matters
  • Who You Are

    Required Skills & Experience

  • You have a Juris Doctor (JD) from an accredited law school
  • You have a minimum of 10 years of legal experience, preferably in or working with CDFIs and / or lending sector
  • You are licensed to practice law with a preference for New York State bar admittance
  • You possess a strong understanding of CDFI lending laws and regulatory frameworks
  • You have excellent negotiation, communication, and leadership skills
  • You have excellent written and oral communications and interpersonal skills
  • You possess strong time-management and organizational abilities
  • You are a self-starter with the ability to work with limited supervision and collaborate with colleagues
  • You are client service focused, with an aptitude for resolving issues in an efficient and constructive manner
  • You have the ability to analyze and solve complex legal issues
  • You have advanced proficiency with Microsoft Office Suite (required), Salesforce (preferred)
  • You will support advancing NFFs mission through innovation and advancement of organizational brand internally and externally
  • You have knowledge of tax-exempt organizational law and LLCs
  • You lead with a commitment to and application of NFF Values
  • Preferred Skills & Experience

  • You have experience closing or managing New Markets Tax Credit investments
  • You have experience in energy efficiency, affordable housing, and other emerging programs
  • You have construction lending expertise
  • While NFF works primarily with nonprofit and governmental agencies, knowledge of other corporate structures is helpful
  • Compensation

    At NFF, we are invested in discussing the depth and breadth of each candidate's background and experience during the interview process and using that information to determine the best offer while considering internal pay equity. The salary range for this position is $190,000 - $210,000. If provided an offer, NFF will determine salary compensation based on relevant skills and years of experience. NFF also takes into consideration internal equity in setting salary bands for each role. NFF provides an attractive benefits package that currently includes up to 18 paid holidays, 3 floating holidays, unlimited vacation time off, health insurance with an NFF funded health reimbursement account. We offer both employer match and non-match contributions toward a retirement plan. We provide a work from home fund, and flexible spending accounts that cover medical, commuter, and childcare costs.

    All salaries are commensurate with experience and include an attractive benefits package. 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. NFF does not employ individuals based outside of the United States.

    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.

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