Intern, Community Development Finance at Enterprise… · New York

Summary: Enterprise Community Partners is a national nonprofit dedicated to making a good home possible for families without one. The Community Development Finance Intern will support the Loan Fund by assisting in underwriting, credit analysis, data management, and impact measurement, while furthering their knowledge in community development financial institutions and affordable housing. Responsibilities: - Provide administrative and analytical support to all Loan Fund departments for a variety of tasks including reporting, analysis, data management and general lending functions - Provide support to members of the Asset Management team by assisting as needed with financial analysis of existing borrowers/guarantors, loan review, simple modifications, workout plans for troubled loans and loan covenant compliance reviews - Provide support to Senior Loan Officer responsible for originations through the Energy Independence Fund, a new fund that provides loans to bridge the Solar Investment Tax Credit for solar, energy storage and geothermal installation projects - Provide support to other members of the Lending team by assisting with due diligence review and evaluation of various aspects of loan underwriting such as evaluating feasibility and likelihood of repayment sources, appraisal reviews, construction cost reviews, property condition reports, environmental reports, and site inspections - Provide support to Operations and Portfolio Administration team as needed to assist with project data entry and management and other general administrative support - Provide support to the Capital/Capital Programs team as needed with data analysis for new programs and/or product initiatives, investor requests, capital funding applications, or other special requests as applicable - Develop and update communications materials related to ECLF’s loan portfolio and impact investment product (Impact Notes), e.g., impact stories, social media, blog posts - Participate in industry learning initiatives Required Qualifications: - Pursuing Graduate degree in Business, Real Estate, Urban Planning or other related areas of study - Those pursuing Undergraduate degree in Business, Finance, Real Estate, Accounting or other related areas of study with a demonstrated interest in community development, impact investing or affordable housing will also be considered - Prior coursework or familiarity with finance, statistics, lending, impact investing, impact measurement, or similar concepts, and interest in CDFIs or community development - Self-development - Tech savvy (preferably with business application experience) - Resourcefulness - Strong written communication skills - Experience with research and data analysis - Numeracy - Microsoft Office (Excel, Word, Outlook) Required Skills: Financial analysis, Data analysis, Impact measurement Important Skills: Microsoft Office Nice-to-Have Skills: Research skills, Numeracy, Tech savvy, Resourcefulness