Administrative Manager

Job Position: ADMINISTRATIVE MANAGERLocation: 801 S. Grand Avenue, Suite 850, Los Angeles, CA 90017 Supervisor's Title: General Counsel ORGANIZATIONAL OVERVIEW: Genesis LA was created in 1998 with a mission to provide capital and capacity to low-income neighborhoods as a means to facilitate high-impact real estate projects. Our mission is to deliver financial solutions that advance economic and social opportunities in underserved communities. We make loans to a variety of borrowers and projects generally consisting of commercial or small business real estate, community facilities, and affordable housing located in low-income communities or serving low-income individuals in Los Angeles County. Genesis LA is certified by the U.S. Treasury Department as both a Community Development Financial Institution (CDFI) and a Community Development Entity (CDE). Through our $125 million on-balance sheet CDFI loan fund (the Genesis Community Investment Fund), we provide real estate loans to non-profits and developers generally ranging up to $5 million. As a CDE, we have been awarded $535 million of New Markets Tax Credit (NMTC) allocation, which has provided financing for larger scale real estate projects. Genesis LA pairs its lending products with development services to assist potential borrowers by providing additional capacity to ensure projects move forward and can access our capital. Further, Genesis LA operates multiple community development programs and provides intermediary services to third parties, both of which are designed to support community development and drive capital to low-income and underserved communities. POSITION SUMMARY: The Administrative Manager will be responsible for coordinating all administrative, and operational functions of the organization as well as provide support to the General Counsel in loan closings, file management, corporate governance, and compliance matters. This position is part of Genesis LA's 15-person team and will report to the General Counsel and will include frequent collaboration across the organization. RESPONSIBILITIES: · Manage day-to-day operations of the organization as they relate to Human Resources, IT, organizational insurance, file management and corporate compliance. · Work with outside IT vendor to ensure the highest level of data security and evaluate the hardware and software needs of the organization.· Develop, revise, implement and evaluate organizational policies and procedures to ensure appropriate controls are in place to mitigate risk while maintaining efficiency. · Ensure staff are fully trained on organizational policies and procedures. · Ensure loan files are up to date and complete and in compliance with the document retention policy.· Ensure auditors have access to all information they require to complete financial audits, internal control reviews, and government audits as required. · Assisting in corporate governance matters, including taking corporate minutes, and preparing corporate resolutions. · Assist in compliance matters including maintaining and monitoring the organization's compliance calendar of all reporting dates, preparing reports due to various governmental agencies and funders, and assisting staff on compliance matters as needed. · Perform other related duties necessary to support Genesis LA's mission. QUALIFICATIONS:· Completion of undergraduate college program and/or approximately 3-5 years of managerial experience in an office setting. · Thorough working knowledge of Microsoft Office Suite (Outlook, Excel) and Adobe Acrobat and intermediate to advanced skills in Microsoft Word. · Must be able to multi-task, adapt to changes in schedule and workflow, and adjust priorities quickly. · Experience with and knowledge of the following is helpful, but not required:o Affordable housing o CDFI Loan Fundo Capital Magnet Fund Programo New Market Tax Credits· Ability to appropriately handle confidential, sensitive and proprietary information. · Critical thinking skills and the ability to make reasoned decisions with limited information. · Ability to assess and initiate tasks independently. · Strong time management and organizational skills with attention to detail and accuracy. · Ability to synthesize and understand information from a variety of sources and documents. · Exceptional communications and writing skills. · An ability to prepare and deliver information in a concise, professionally written format. · Ability to communicate effectively with all levels of the organization and take instruction. · Ability to work effectively with a diverse community. COMPENSATION:Genesis LA offers a competitive salary commensurate with experience. The expected starting compensation range for this position is $75,000 - $90,000, depending on experience. Genesis LA offers full medical, dental and vision benefits, a 401k retirement plan with generous matching terms, 12 paid holidays and 15 days of paid time off per year.The position is based at Genesis LA's corporate offices in Downtown Los Angeles. Genesis LA is primarily an in-person business, with a policy for in-office attendance Monday through Thursday and the option to work from home on Fridays. Management is open to accommodating additional flexibility when needed. Genesis LA also fosters a culture of team building and bonding, with regular social activities. Interested candidates should forward a resume and cover letter to Jessica Waybright, General Counsel at jwaybright@

Created: 2025-01-30