Loan Officer/Senior Loan Officer

Job Type

Full Time




870 Market Street, Suite 677
San Francisco
United States


Communities on the margins of opportunity deserve a trusted partner on their journey towards financial growth and stability. As a locally invested, collaborative partner in social justice and financial equity, Northern California Community Loan Fund (NCCLF) provides nonprofits, small businesses, and social enterprises with strategic investment and guidance deepening work, scaling impact, and strengthening our communities.

For more information on our programs and services, please visit our website at

Background and Position Summary

NCCLF’s Lending Department provides loans and NMTC financing to nonprofits, alternatively-structured social enterprises, and food-related businesses throughout Northern and Central California with an emphasis on achieving greater racial and economic equity. Our borrowers have made use of our financing to develop affordable housing, build and acquire community facilities, create economic development projects, support access to healthy foods, and strengthen their operations in order to make a difference in the lives of the communities that they serve.  

The Loan Officer (LO) or Senior Loan Officer (SLO) serves as a credit professional within NCCLF and participates in the community development lending effort. The position’s primary responsibilities are to source and underwrite loan requests and provide technical assistance to NCCLF’s clients. The LO/SLO will also initiate and develop potential borrower relationships, and build and manage a base of referral sources and strategic partnerships to advance NCCLF’s mission and impact.

The position requires a highly motivated, experienced lender with a background in community development finance, commercial real estate, and/or nonprofit housing/facility development and must possess excellent communication skills. The ideal candidate is also someone who understands the unique needs of the nonprofit sector, particularly nonprofit human service providers and affordable housing developers in Northern California. The successful candidate must be a self-starter and have the demonstrated ability to meet assigned goals successfully and on time. Finally, the candidate should enjoy working in an active and expanding nonprofit and should be able to thrive in a friendly, cooperative, and fast-paced environment.



  • Interview and screen potential loan applicants.
  • Perform financial analysis, due diligence and project feasibility assessment for potential loan candidates.
  • Provide informal technical assistance through the application and underwriting process, and, as needed, coordinate delivery of formal technical assistance activities through internal and external sources.
  • Prepare written credit memorandums with detailed analysis and recommendations for terms and credit structure.
  • Present credit analysis for review and approval to Loan Committee or other appropriate levels of authority within NCCLF as required by loan policies.
  • Work with the borrower and external parties through loan commitment terms and loan closing.
  • Assist the Loan Administration team with loan closing and ongoing monitoring activities.
  • Help develop and update loan policies, underwriting criteria and best practices for NCCLF’s main product lines.
  • Undertake special projects and other duties as assigned.

Business Development

  • Develop and implement sales and marketing plans in targeted communities to achieve NCCLF’s goal of advancing racial and economic equity and market penetration in accordance with lending goals.
  • Build and maintain close working relationships with referral sources, potential partners and funding sources.
  • Represent NCCLF at public meetings, events and conferences.
  • Market loan products and programs to potential borrowers and referral sources. 
  • Follow up on loan inquiries and provide technical assistance to potential borrowers through the application process. 
  • Maintain a contact database for ongoing sales and marketing efforts.
  • Develop new products or services to meet market demand.  


Compensation and benefits

Competitive nonprofit salary range depending upon experience, plus an excellent benefits package including health, dental, retirement plan and three weeks of vacation.  

NCCLF is an equal opportunity employer; people of all backgrounds are strongly encouraged to apply. 

Level of Language Proficiency

Minimum Requirements

  • Minimum of three years (Loan Officer) or five years (Senior Loan Officer) of loan underwriting experience at a CDFI, bank or other financial institution, preferably related to affordable housing development or commercial real estate construction and asset management.
  • Undergraduate degree in business, finance, economics, or other relevant field. Relevant work experience can be a substituted for required education.
  • Excellent underwriting skills, grounded in strong abilities to analyze financial statements, assess management and leadership, review collateral, interpret business and strategic plans, etc.  
  • Excellent verbal and written communication skills. 
  • Proven ability to generate client leads and maintain business relationships.
  • Superior judgment and attention to detail.
  • Excellent organizational skills, with a strong ability to work independently and with a team, handle multiple priorities and manage time efficiently.
  • Enthusiasm and a passionate commitment to equitable community development.

Desired Qualifications, Skills and Experience

  • Working knowledge of the Low Income Housing Tax Credit and New Market Tax Credit programs.
  • Experience in consulting and technical assistance in real estate development and/or finance, preferably with nonprofit clients.
  • Knowledge and experience with nonprofit community-based organizations in Northern California. 
  • Understanding of nonprofit finance and management best practices. 
  • Understanding of and experience with community development lending and funding sources.
  • Familiarity with food-related lending.
  • English/Spanish bilingual ability is a plus.


Position reports to the Manager, Community Development Lending; communicates regularly with referral sources and potential borrowing clients; attends and participates in Loan Committee meetings; interacts extensively with the lending team and staff/management in other NCCLF departments; and represents NCCLF to outside constituencies.

Job Context

Position is pivotal to the success of the lending program and operates in a collaborative, cooperative, team environment. Workload will vary requiring flexibility with time. Outside meetings and some local travel within Northern California are required.  

Hours and Location

  • Full-time position.
  • Work hours will be predominantly during regular business hours, although occasional evening or weekend hours will be required. A flexible schedule may be accommodated.
  • Worksite will be in the offices of NCCLF in San Francisco, with some travel outside the Bay Area for site visits, business development, and conferences.

Professional Level

None specified

Minimum Education Required

No requirement

How To Apply

To Apply: Send resume and cover letter (Attn: Loan Officer Search) via fax to 415-392-8216 or email to Application Deadline: Open until filled.