Compliance and Treasury Associate

Connect passion with purpose.  Are you a go getter and looking to do rewarding and impactful work? Access to Capital for Entrepreneurs (ACE) is a 22-year Community Development Financial Institution (CDFI) that gives small businesses a chance when others can’t or won’t. ACE supports small business owners that others will not by providing economic development to underserved communities and people. This includes women, low-to-moderate income and small business owners of color that have historically, and continue today, to lack equitable, inclusive access to capital. Since ACE’s first loan in 2000, we have provided over $170 million in capital to small businesses, assisted more than 2,400 entrepreneurs, and helped them create or retain over 19,000 Georgia jobs.

Job Summary :

The Compliance and Treasury Associate is a salaried, exempt position that reports to the Chief Financial Officer. Position is responsible for oversight to the administration of federal, state, and private funder compliance requirements; in partnership with Program and Operations teams, monitors and follows stated covenants, ensures that the organization meets reporting deadlines and supports the CFO with Treasury work.   The position is responsible for reviewing ACE agreements for covenants, and other compliance and reporting requirements; creating and following processes for tracking such requirements; analyzing data to support strategic organizational decision-making; reporting to management covenant status regularly or if they are in jeopardy; and completing and filing all documents and reports with applicable funders in a timely manner.

Location :

This position can be remote but may require travel for departmental or staff meetings periodically.

Essential Duties & Responsibilities :

• Ensure compliance requirements are being met by collaborating with other departments responsible for both the work covered by executed loan capital agreements, grant agreements with a loan capital use, and operating grant report, as well as the tracking of that work.
• Remain current on industry best practices.
• Manage compliance for the organization’s loan programs by executing sound policies, procedures, and reporting in a timely and efficient manner.
• Review new agreements for compliance requirements and assess ability to reasonably fulfill those requirements in conjunction with all involved departments.
• Manages compliance reporting and debt covenant reporting with analyzing data to develop more streamlined ways of working with that data.
• Responsible for maintaining compliance checklist capturing all loan capital funder compliance.
• Lead on compiling and ensuring timely CDFI certification, lending capital and operating capital reporting to all funders (corporate, government, and / or philanthropic sources).
• Perform compliance reporting, coordinating data with others as required.
• Maintain Federal reporting systems for both SBA (MPERS) and USDA reporting.
• Maintain tracking / recordkeeping and documentation mechanism for all executed agreements and reporting requirements.
• Generate reports required by third parties and internal partners, ensuring both accuracy and timeliness.
• Collaborate with colleagues across disciplines responsible for the accurate and timely collection of data.
• Analyze data to provide insightful and accurate trends, report concerns, and celebrate successes.
• Proficiency with utilization of Excel, Salesforce and other systems for reporting management.

Treasury Responsibilities

Additional Responsibilities

This is not intended to be a complete list of all responsibilities, duties or skills required for the position and is subject to review and change in accordance with the needs and policies of Ace Loans.

Minimum Qualifications & Skills :

Work environment and physical demands :

position self to maintain equipment, including under tables and desks.

Reports To : Chief Financial Officer