Opportunities

concoursefund.org

Who we are:
Concourse is a not-for-profit microfinance institution that seeks to provide consultation to low-income credit unions, financial training, and business incubation to entrepreneurs. Based out of the Fordham Foundry, were located in the poorest congressional district in the country and strive to link university students with the surrounding community. Incorporated in July 2012, weve made steps to further achieve our mission.

The Mission:
Our mission is to bank the Unbanked and to develop microenterprise throughout New York City. By reinvigorating low income faith based credit unions and providing individuals access to credit, savings, markets, insurance, and education, we strive to not only illuminate a pathway to personal financial independence but also entrust entrepreneurs with the right forms of capital.

Join Us!
Are you interested in actively helping the community? Need to bolster your business acumen? Want to understand domestic microfinance? Interested in developing new venture and cultivating innovation? If so, wed like to take the chance to extend a range of opportunities to you! We have a number of positions available in variety of spaces. You can step into a leadership role, drive community development, and delve into a world of innovation. You can work to teach people about basic financial principles, show them their options, and give them the means to grasp their financial independence. You can further explore the untapped entrepreneurial and innovative spirit that resides just outside the gates. You can spend your time learning about, training, and consulting local business. You can also take your Value Investing textbooks and bludgeon the forces constraining local economic opportunity. You can discover and enhance our unique triple bottom line lending program. You can assist the reception of the Earned Income Tax Credit while showing individuals the benefits of our uniquely designed savings products through our VITA site program. We promise you can do any or all of this so keep reading, apply, and get crackin!

concoursefund.org

Director of Development
Did you know that despite being in the financial capital of the world, you actually sit in the poorest congressional district in the country? Do you also know that more than half of our neighbors do not have bank accounts and face limited financial access overall? In response, Concourse plans to develop into a multi-faceted student-run Microfinance Institution. We will be comprised of two main branches: Consultation and Education. To ensure the proper establishment of each branch, we will entrust the Director of Development with oversight of and responsibility for the funding of each program. This is the most involved position of all our offerings and is highly competitive. The Director of Development must be highly motivated and committed to the goals we seek to achieve. Roles and Responsibilities: Conduct comprehensive market research The reception and allocation of funding Build and manage a development team Work each branch to develop a core understanding of our philosophy and approach

Requirements: High academic achievement Strong written and oral communication Multilingual preferred Amiable personality

{10 hours per week}

What we offer: Concourse offers the Director of Development a position designed to foster personal, organizational, and community growth. The Director of Development will be groomed to maintain a level of rigor necessary to achieve our mission. Charged with the capture and distribution of funds, the Director of Development will work closely with Senior Leadership, Community Leaders, and Scholars in making internal investment decisions. As such, the Director of Development can expect an influential role in the design and course of Concourse.

concoursefund.org

Entrepreneurship Education Director

Concourse works to promote sustainable new job creation throughout the Bronx. Our entrepreneurship program works one-on-one with individuals excited about going out and seeing their own vision come to life. Our C-Lab project is a hands-on, teambased entrepreneurship workshop for Bronx residents that takes place over a weekend. The C-Lab features the mentorship business professionals from Fordham University, representatives of the NYC Department of Small Business Solutions, and successful local entrepreneurs. At the end of weekend, teams pitch their ideas to a panel of judges including representatives from Fordham, local financial institutions, NYC-SBS, Fordham, and Concourse. Were looking for a student who is unrelenting in their pursuit for change. Though a financial background is preferred, it is by no means required. Roles and Responsibilities: Conduct market research and develop curricula Build and manage an education team Consult individuals and teach entrepreneurship strategy Work with Entrepreneurial Services Director in community outreach

Requirements: High academic achievement Fluency in Spanish preferred Amiable personality

{10 hours per week}

What we offer: Concourse offers the Entrepreneurship Director the chance to take their classroom knowledge into the community. You will undergo a comprehensive training through one-on-one work with senior leaders, credit committees, and local entrepreneurs. With a hands on approach you will understand the challenge of launch your own enterprise. You will work with fellow peers, local leaders, and a range of organizations to best address the problems you see. You will also work closely with local entrepreneurs and lending officials of various financial institutions to develop low-income financial products as well as strategy for startup microenterprise.

concoursefund.org

Investment Analyst
At Concourse, we offer access to an unprecedented participation lending program. Participations are simply loans made by multiple institutions to one borrower. In our case, we exclusively focus on small business loans. Loans are originated at one location and portions are sold to other institutions in the city. Essentially participation allows for wealth redistribution across the city, reinvigorating financial institutions, and spurring their ability to invest in microenterprises. Eventually, participation lending seeks to empower financial institutions to bank the unbanked. Our relationship with low-income credit unions creates a need for smart, qualified students to lend their talents to help with loan underwriting and portfolio allocation. We work with credit union management to develop successful strategies to increase income from interest, expand financial service offerings, and return larger dividends to members. Roles and Responsibilities: Handle incoming borrowing requests Monitor and report loan performances Develop lending strategies to increase income Gain a full understanding of the loan underwriting procedure

Requirements: High academic achievement Strong analytical skills Interests and/or experience in small business Familiarity with fundamental business concepts

{10 hours per week}

What we offer: Concourse offers Investment Analysts the chance to take their classroom knowledge into the community. You will undergo a comprehensive training through one on one work with senior leaders, credit committees, and local entrepreneurs. With a hands on approach you will understand the importance of community oriented developmental finance in a starkly different economy.

concoursefund.org

Tax Specialist
At Concourse, we offer the chance to practice a true life skill: the preparation of taxes. Have you ever walked down the block and wondered why so much real estate is devoted to tax preparation? Its just demand, people have to pay taxes and need help. Often these preparation spots are unreliable, costly, and prey upon those who cant afford to pay. Through our IRS sponsored Volunteer Income Tax Assistance {VITA} program you can prepare taxes for individuals in your community. Down the road at Bethex Federal Credit Union, they churn out over 3,000 individuals tax preperations a year, accurately, and all for free! Bethexs program is fantastic, but not enough. As a Tax Specialist, you will be trained in tax preparation at Bethex FCU, prepare taxes, and build a force of students armed with calculators to initiate more VITA sites within traditional financial institutions. Roles and Responsibilities: Learn tax preparation Prepare individual taxes Promote and develop affordable financial services Work with and build a Tax Team

Requirements: High academic achievement Amiable personality {Spanish preferred but not required} Strong analytical skills Interests and/or experience in tax or banking the unbanked

{10 hours per week} What we offer: Concourse offers Tax Specialists the chance to take their classroom knowledge into the community. You will actively engage in tax preparation through training and practice. We offer the chance to understand the importance of the earned income tax credit and provide a platform for you to literally bank the unbanked. You will be surrounded by a collegial environment and a team of peers inclined to solve the problems you uncover.

concoursefund.org

To Apply
Send your resume and cover letter to Andrew Kingsley. Each of these opportunities offers the ability for you to earn one credit for 30 hours worked through the College and Gabelli service learning programs. Please inquire with your application.

Contact: andrew@concoursefund.org concoursefund.org 347.948.6632 @concoursefund 400 E. Fordham Road, 7th Floor, Bronx, NY 10458

concoursefund.org