NCIF Staff

Saurabh Narain
President and CEO
snarain@ncif.org

Terry Burm
Senior Vice President, Lending
tburm@ncif.org
312-662-6088

Christopher Malehorn
Vice President, Investing
cmalehorn@ncif.org
312-662-6090

Steve Mondozzi
Controller 
smondozzi@ncif.org
312-662-6099

Patrick Clarke
Controller
pclarke@ncif.org
312-881-5882

Claire Costelloe
Analyst
ccostelloe@ncif.org
312-662-6091

Precious Richardson-McWright
Bookkeeper
pmcwright@ncif.org
312-598-9952

Susan Coleman
Consultant, Communications

 


Saurabh Narain is the President and Chief Executive of National Community Investment Fund. He joined NCIF in 2003, and, under his leadership, the fund has become the largest equity investor (in numbers) in CDFI Banks in the country, grown assets under management to $228 million (including $203 million in NMTC allocations) and pioneered the development of NCIF’s Social Performance Metrics.

He is involved in policy and advocacy for the industry through his board positions in the CDFI Coalition and memberships with the Federal Reserve Board’s Consumer Advisory Council (2008-10) and the Minority Depository Institutions Advisory Council of the Officer of Thrift Supervision (2009-11). NCIF is also a member of the Investors Council of the Global Impact Investing Network and the Strategy and Adoption Committee of the Impact Rating and Investing System led by the Rockefeller Foundation.

Prior to NCIF, he has had extensive experience in capital markets and risk management having worked at Bank of America for almost 17 years based in Asia and the US. Towards the end of his tenure in Hong Kong, he was Head of Marketing, Non-Japan Asia for Global Derivative Products. He has done business in almost 10 countries in Asia/US dealing with financial institutions, global multinational corporations and governments.

He is interested in inclusive finance and the microfinance movement in India. He is a member of the Steering Committee of the Professional Risk Managers’ International Association, Chicago Chapter and is a regular speaker in industry conferences.

Saurabh is a graduate of the ABA Graduate Stonier School of Banking (2007), and holds an MBA from Indian Institute of Management in Ahmedabad (1985), and a Bachelors of Arts (Honors) in Economics from St. Stephens College, University of Delhi (1983), India.

 

Terry Burm is the Senior Vice President of Lending at NCIF. Terry joined the NCIF Team in 2015 as Vice President of Lending. Prior to NCIF, Terry worked as an independent consultant in a variety of capacities focused on CDFIs, New Market Tax Credits, and Low Income Housing Tax Credit initiatives. Prior to consulting, Terry was a Community Development Banker at Merrill Lynch CDC, Chase Community Development Bank, and U.S. Bank. Terry holds a bachelor’s degree in Economics from Santa Clara University, is a graduate of the Venture Capital Institute.

 

Christopher Malehorn is the Vice President of Investing at NCIF.  Christopher joined the NCIF team in 2015.  Prior to NCIF, he has had extensive experience in capital raising and providing merger advisory services for financial services companies through various market cycles.  He had prior experience with full service investment banks including Stifel Nicolaus/Ryan Beck and Esposito Securities.  Christopher has over 17 years of experience working with depository institutions and community banks, including seven years in the financial institutions group of Washington D.C. law firms.  During his time in the financial institutions industry, Christopher has completed over 75 transactions totaling approximately $7.5 billion in transaction value. These transactions include mergers and acquisitions, mutual to stock conversions, initial public offerings, secondary offerings, private placements and de novo bank formations and financings.  Christopher holds a MBA with honors from Marymount University and a Bachelors of Arts in Political Science from McDaniel College.

 

Steve Mondozzi is a Controller at NCIF. Steve is a seasoned Controller with more than 12 years of experience in the community development finance field. He is also president of Mondozzi LLC, an accounting services firm that provides third party CFO services to nonprofit loan funds. Previously, he spent ten years as Assistant Controller for ShoreBank Corp. Steve supports NCIF’s operations, finance and control functions. 

 

Patrick Clarke is a Controller at NCIF. Patrick joined NCIF in 2016. Prior to NCIF, Patrick spent over 4 years at Northern Trust Hedge Fund Services where he provided accounting, reporting, and regulatory support services to numerous hedge funds worldwide. With his extensive experience in fund accounting and financial reporting, Patrick helped manage the creation of several hedge fund regulatory offerings, working with various internal teams, fund clients, regulators, and consultants. Further, Patrick also spent over 3 years as an External Auditor at PricewaterhouseCoopers within the financial services and manufacturing industries. Patrick graduated from the University of Iowa with a BBA double major in accounting and finance. 

 
 
Claire Costelloe is the Impact Analyst at NCIF. Prior to NCIF, Claire worked as an intern for the Delta Institute and the University of Chicago Urban Labs. Claire graduated from the University of Chicago with a Bachelors of Arts in Economics and in Environmental Studies. 
 
 
 
Precious Richardson-McWright is the Bookkeeper at NCIF. Precious has 19 years of bookkeeping experience. She spent 14 of those years as a cash application specialist for Garda Cash Logistics, in which she balanced and audited various bank accounts daily. Afterwards she had multiple contract positions with various companies assisting them with their bookkeeping.

 

 

Susan Coleman has been a consultant for marketing and communications for NCIF for more than eight years. She brings a diverse set of skills in both print and digital design to help NCIF create a strong brand presence. She has a Bachelor of Fine Arts degree (University of Illinois, Urbana-Champaign) and many years of experience with for-profit and non-profit businesses in the financial and education markets.

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