Job Type

Full Time

Salary

Details: Competitive salary plus benefits

Published

10/17/2018

Application Deadline

11/02/2018

Address

Raleigh
North Carolina
United States

Description

North Carolina Community Development Initiative Capital (Initiative Capital) is a rapidly growing community development lender that finances affordable housing, community development, and small business throughout North Carolina. Initiative Capital, a certified Community Development Financial Institution (CDFI), is a subsidiary of the North Carolina Community Development Initiative (the Initiative) and works closely with the North Carolina Housing Coalition. The Loan Officer will work closely with staff from the Initiative and the Senior VP of Lending and Investments Initiative Capital to expand Initiative Capital’s loan portfolio and enhance the quality of the portfolio. This work will require adept collaboration skills.


Job Responsibilities

  • Working closely with the SVP of Lending and Investments, responsible for the execution of Initiative Capital’s business strategy
  • Responsible for sourcing, underwriting, closing, and servicing loan and investment transactions
  • Primarily responsible for business development and marketing of Initiative Capital’s loan and investment products
  • Participate in the stewardship of partner relationships, including with the CDFI Fund, Opportunity Finance Network, NC Housing Finance Agency, and others


Desired Qualifications

  • Graduate of a relevant higher education program
  • Minimum two years of experience in commercial lending, intermediary lending, community development financial institutions, or housing finance agency
  • Experience in community development sector, as board member, staff, investor, or volunteer
  • Fluency with and experience in commercial and/or multi-family development lending
  • Experience with financial management, deal-making, and technical assistance with borrowers is a plus


Time and Compensation

  • This is a full-time position with substantial autonomy and responsibility
  • Travel, primarily in-state, is required for business development, due diligence, partnership development, conferences and meetings
  • Competitive salary plus benefits

Professional Level

Professional

Minimum Education Required

No requirement


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