Experience

Latino Economic Development Center (LEDC)

• United States
• Civic and Social Organizations
• 1 - 100 Employee

• Chief Financial Officer

  • Oct 2020 - Present

  Steering the strategic and financial operations of an $8M nonprofit empowering small businesses through loans, grants, and consultation, I steward $59.6M including $8.3M in federal, $200K state, and $45.5M local government grants. Navigating ever-changing systems and growth, I lead the finance department during the most demanding time in organizational history, growing from 40 employees to 85 and from $5.1M to $8M with $50.3M in grant disbursements. In partnership with the executive team, I… Show more Steering the strategic and financial operations of an $8M nonprofit empowering small businesses through loans, grants, and consultation, I steward $59.6M including $8.3M in federal, $200K state, and $45.5M local government grants. Navigating ever-changing systems and growth, I lead the finance department during the most demanding time in organizational history, growing from 40 employees to 85 and from $5.1M to $8M with $50.3M in grant disbursements. In partnership with the executive team, I support the strategic plan, administering annual budgets, financial policies, procedures, controls, financial analysis, forecasting, and reporting systems while supervising a topflight team of 4 professionals. Key contributions: ★ Rebuilt and grew the finance team by 300% ★ Own P&L and full budget development, shouldering corporate responsibility and reporting requirements ★ Strategize with c-level executives to inform long-range decision-making ★ Author policies and procedures, drive software enhancements, and deploy programs and training ★ Support developing proposal budgets for new market development and funders, overseeing all Covid-19 relief program accounting and reporting, navigating steep growth and a 200% increase in financial reporting ★ Maximize grant funding, recovering $300K a year from lost revenue by billing 100% of grant budgets ★ Act as a key point of contact with funders ★ Achieve full audit compliance with no significant or reporting findings 2 years consecutively ★ Serve on the credit committee to review, approve, or reject loans up to $50K ★ Negotiate contracts and vendor agreements with favorable terms ★ Contributed to asset growth from $17.9M to $20.8Min one year with a lending portfolio of $6.5M ★ Modernized accounting systems to integrate key functions, curtail duplication, automate processes, create dashboards, and improve data integrity for 80 users

• Director of Finance & Operations

  • Aug 2019 - Sep 2020

• Lending Operations Manager

  • Jan 2018 - Jul 2019

  Directing lending program financial operations and $3.5M portfolio, I administered the program budget and portfolio’s financial position, overseeing liquidity of loan funds, and proposing strategies to enhance cash position. Key contributions: ★ Closed on 200+ loans annually and monitored 350+ active loans ★ Developed, customized, and submitted weekly, monthly, and quarterly financial reports to ensure full compliance, including oversight of internal and external controls and… Show more Directing lending program financial operations and $3.5M portfolio, I administered the program budget and portfolio’s financial position, overseeing liquidity of loan funds, and proposing strategies to enhance cash position. Key contributions: ★ Closed on 200+ loans annually and monitored 350+ active loans ★ Developed, customized, and submitted weekly, monthly, and quarterly financial reports to ensure full compliance, including oversight of internal and external controls and stakeholder relationships and reporting ★ Cultivated strategic relationships and partnerships with governments, foundations, investors, corporate partners, commercial banks, credit unions, and nonprofits ★ Built new reporting features and enhancements to facilitate improved tracking and monitoring of disbursements and financial goals by loan officers; reported on lending disbursements to funders ★ Set forth and executed risk monitoring and mitigation policies and quality assurance in collaboration with risk manager

• Senior Lending Officer

  • Oct 2016 - Dec 2017

  One of my key projects was implementing a credit-builder product to assist low-to-moderate income clients, generating 150+ loans of $5K-$50K to individuals and raising credit scores by an average of 45 points. Other key contributions: ★ Created an analytics tool to assess historical data and key financial metrics to standardize underwriting processes to reduce the time to underwrite loan applications by 50% ★ Boosted lending team operations and efficiency by rolling out KPIs and… Show more One of my key projects was implementing a credit-builder product to assist low-to-moderate income clients, generating 150+ loans of $5K-$50K to individuals and raising credit scores by an average of 45 points. Other key contributions: ★ Created an analytics tool to assess historical data and key financial metrics to standardize underwriting processes to reduce the time to underwrite loan applications by 50% ★ Boosted lending team operations and efficiency by rolling out KPIs and other financial metrics ★ Steered the adoption, implementation, and management of enhanced technological platforms, including portfolio management, CRM, accounting software upgrades ★ Tracked portfolio quality, including monitoring and reporting changes in clients’ credit quality

• Small Business Lending Officer

  • Oct 2012 - Sep 2016

  Expanding the capacity of small business owners, I supported small business development, accounting, marketing, and social media activities, analyzing and preparing financial solutions, and delivering technical assistance. I underwrote and issued small business loans for entrepreneurs in Maryland, achieving 100% of annual goals. Other key contributions; ★ Led business plan review, financial analysis, and due diligence across the lending portfolio ★ Drove increased inflow of new… Show more Expanding the capacity of small business owners, I supported small business development, accounting, marketing, and social media activities, analyzing and preparing financial solutions, and delivering technical assistance. I underwrote and issued small business loans for entrepreneurs in Maryland, achieving 100% of annual goals. Other key contributions; ★ Led business plan review, financial analysis, and due diligence across the lending portfolio ★ Drove increased inflow of new lending clients into the lending portfolio pipeline ★ Evaluated and presented recommendations for clients to the LEDC credit committee and director of lending