Overview

The Upper Manhattan Empowerment Zone Development Corporation (“UMEZ”) is an independent not-for-profit organization.  Our mission is to sustain the economic revitalization of all communities in Upper Manhattan through job creation, corporate alliances, strategic investments, and small business assistance. The communities we target for investment activity include Central, West and East Harlem, Washington Heights, and Inwood.

UMEZ is a recognized Community Development Financial Institution (CDFI), certified by the U.S. Department of the Treasury’s CDFI Fund, with approximately $90 million in assets.  UMEZ is part of a national network of CDFI’s promoting economic growth by financing businesses, creating jobs, and rebuilding neighborhoods.

Job Title: Compliance Officer

Summary: The Compliance Officer reports to the President & CEO and the Chief Financial Officer and is responsible for monitoring compliance with grant and loan agreements and/or contract requirements.  This candidate must also be able to develop, implement and update contract management procedures.   The Compliance Officer is responsible for analyzing reports from grantees and borrowers; determining with Program or Loan Officers the terms and contributions of any contract amendments or loan restructuring; and presenting recommendations to Senior Management. The Compliance Officer also will work with senior management to research and identify funding opportunities from corporations, banks, government sources, foundations, and other philanthropic organizations to further UMEZ’s mission. In addition, he/she will assist in reporting and database tracking.

Essential Duties and Responsibilities: Include the following and other duties may

be assigned.

  • Monitor grantees/and borrower compliance with terms and conditions of grant and loan agreements, respectively.
  • Work interdepartmentally to monitor and approve project-related fiscal disbursements    
  • Conduct site visits to evaluate operations of grantees and borrowers and their compliance with grant and loan documents
  • Develop internal and external compliance reports
  • Develop and modify policies/procedures/systems in accordance with organizational needs and objective
  • Prepare monthly loans analysis reports and make recommendations to Senior Management regarding loan portfolio performance including allowances for doubtful accounts
  • Review loan documents to ensure that required reporting and disbursement procedures are included
  • Assist in developing and identifying funding opportunities by undertaking research as directed by the CEO.  Recommend options and present findings.
  • Assist with preparing funding requests and proposal coordination.
  • Prepare funding reports, prospect research, tracking, and collecting necessary data for reporting purposes to funders; update tracking spreadsheets for funding, including deliverables to ensure timely fulfillment of funding requirements.

Background & Experience:

  • Bachelor’s degree required.  Master’s in Public Administration or comparable graduate degree preferred
  • 5-7 years of grants and project management experience in community development or related setting
  • Demonstrated knowledge of funding application procedures, including the development and writing of requests for funding applications.
  • Strong interpersonal and communication skills (oral and written).
  • Excellent fiscal and organizational skills.

Personal Characteristics:

  • Community residence and/or familiarity with the Upper Manhattan community preferred
  • An energetic and resourceful person with a strong interest in community engagement;
  • A self starter; a team player; a strategic thinker; a creative problem solver.

 

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