Loan Officer/Senior Loan Officer

*Candidates must apply through Community Vision's ADP Career Center to be considered.

WHO WE ARE

Community Vision partners with mission-driven organizations across California to secure the spaces that help communities thrive. As a nonprofit community development financial institution (CDFI), we provide flexible financing and strategic advising to help our clients purchase, preserve, and develop social purpose real estate—such as affordable housing, health clinics, and cultural centers.

Grounded in our belief that community ownership of community assets is one of the most powerful tools for cultivating thriving communities, promoting economic justice, and building power, we work to create lasting community assets that enable stability, agency, and self-determination—helping communities build power through place. Learn more about our work.

THE OPPORTUNITY

Community Vision is seeking two mission-driven professionals to join our lending team. These positions are responsible for identifying, structuring and underwriting creative lending solutions in collaboration with our clients, which is central to our efforts to help preserve and create more community-serving spaces. The work of Community Vision’s lending team is primarily focused on providing large loans to support social purpose real estate projects.

More specifically, both positions are responsible for structuring and negotiating loans, conducting thorough written credit analysis, and maintaining strong borrower relationships. They will also contribute to the expansion of lending relationships and development of loan products and processes to better serve affordable housing groups, community development objectives, and nonprofit organizations. The Senior role carries additional responsibilities in product development, business development, and market leadership.

The ideal candidate is a relationship-builder with strong credit fundamentals and a passion for social impact.

WHAT YOU WILL DO

Both Loan Officer and Senior Loan Officer will have the same core responsibilities below, with additional responsibilities as outlined for the Senior role.

New Loan Underwriting (Loan Officer - 70%, Senior Loan Officer - 55%)

• Determine client borrowing needs and negotiate loan structures that appropriately balance client needs and Community Vision’s fiduciary responsibilities.
• Manage the borrower relationship and experience through Community Vision’s underwriting process, ensuring that Community Vision approval and closing timelines align with borrower expectations and needs.
• Support new borrowers through the underwriting process, providing education as needed to ensure a smooth customer experience.
• Prepare written credit memorandum with detailed analysis and recommendations for terms and credit structure, following Community Vision’s loan policy and guidelines.
• Provide excellent verbal presentations of comprehensive loan packages for review and approval by Community Vision’s Loan Committee.
• Manage multiple underwriting projects and deliverables simultaneously, including ordering and reviewing third party reports and incorporating into transaction underwriting.

Business Development and Market Leadership (Loan Officer - 15%, Senior Loan Officer - 30%)

• Identify borrower and product segments where Community Vision’s capital is most needed.
• Cultivate new borrower relationships and negotiate with internal and external parties to structure loans that meet borrower needs while appropriately mitigating Community Vision’s risk.
• Attend applicable conferences and sector networking events.
• Actively contribute to loan process improvement, with the goal of continuously improving clarity and efficiency. Identify opportunities to incorporate industry best practice and emerging approaches, draft proposed changes to process, and help to document and train for team members.
• Senior Loan Officer - Collaborate with the Manager of Underwriting to develop new lending products and programs that respond to community needs, leverage organization capitalization, complement existing offerings, are financially sustainable, and have metrics for success.
• Senior Loan Officer - Represent Community Vision as a speaker at conferences and sector networking events, demonstrating market leadership and professional thought leadership

Closing and Asset Management (10%)

• Work with the borrower, other external parties, and Community Vision closing staff through loan commitment terms and the loan closing process.
• Assure accuracy of data in Salesforce, including impact data and relevant borrower and loan information.
• Support Community Vision’s portfolio and asset management, as needed.

General (5%)

• Participate in internal work groups as needed to support organizational initiatives.
• Undertake special projects as requested by the Manager of Underwriting.
• Develop relationships with relevant community and organizational partners.
• Engage in professional development to enhance skills and knowledge.
• Other duties as assigned.

WHO WE ARE LOOKING FOR

Ideal qualifications

• Bachelor’s degree in public policy, finance or business.
• 3+ years of previous work-related experience in a similar position (7+ years for Senior Loan Officer).
• Real estate lending as a credit underwriter or loan officer, preferably with a CDFI or similar organization with significant nonprofit lending experience.
• Familiarity and experience with community real estate financing programs like New Market Tax Credits (NMTCs), Low Income Housing Tax Credits (LIHTCs), Historic Tax Credits (HTC), and Program Related Investments (PRIs) is a plus.
• Experience in CDFIs, impact investing, and/or community/economic development is a plus.
• Experience in and enthusiasm for process improvement and optimization.
• Established track record of lending, meeting production goals, and disciplined use of sales tools for tracking opportunities, sales efforts, and client requests.
• Experience with financial and credit analysis and preparation of credit memorandums for loan approvals.
• Ability to manage relationships with borrowers using a customer-centric approach, including thorough timely responses to opportunities and client requests.
• Ability to listen, build productive and positive relationships, and partner with diverse employees and Community Vision stakeholders.
• Proficiency in Microsoft Office/365, including Word, Excel, and PowerPoint.
• Experience with Salesforce (intermediate proficiency), Google Suite, and Zoom.
• A demonstrated commitment to community centered change and social impact.

MORE ABOUT THE POSITION

The Loan Officer and Senior Loan Officer roles are full-time positions. These positions report to the Manager of Underwriting. For Bay Area applicants, the salary for the Loan Officer position is between $95,000 - $115,000 annually and for the Senior Loan Officer it is $115,000-140,000 annually, both depending on experience. For candidates in geographies outside of the Bay Area, the salary will be adjusted based on market data for your specific geography.

Benefits include: comprehensive health and wellness package with 100% employer-paid insurance premiums for employees and a generous contribution towards dependent coverage; robust long-term disability and life insurance coverage; technology subsidy; valuable employer contributions to retirement savings; more than three weeks’ vacation to start (with longevity increases); access to and financial support of professional development, and a demonstrated commitment to work/life balance.

Only candidates in CA will be considered. Bay area candidates will be based at either of Community Vision’s offices in San Francisco or Oakland, with flexibility for hybrid work. We encourage candidates from outside of the Bay Area, especially from the Central Valley, to apply.

Some travel to client sites, events, meetings, and activities is to be expected as part of this role.

Both positions involve regular computer and telephone use plus some minimal lifting.

TO APPLY

We are accepting applicants at the Loan Officer and Senior Loan Officer levels; the role you’re considered for will be determined based on application materials. To be considered for the senior role please outline in the cover letter your experience that would meet those qualifications.

Apply online through Community Vision’s Career Center. Cover letters should be included and should discuss your interest in the position and in working at Community Vision. Incomplete applications without a cover letter will not be considered. Position will remain open until filled. For more information on our programs and services, please visit our website at: communityvisionca.org.

Community Vision is an equal opportunity employer and is committed to providing applicants and employees with a diverse, equitable and inclusive environment free of discrimination and harassment. All employment decisions at Community Vision are based on business needs, job requirements and individual qualifications, without regard to age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, or any other status protected by the laws or regulations where we operate. Community Vision will not tolerate discrimination or harassment based on any of these characteristics and encourages applicants with these characteristics to apply.

Benefits include: comprehensive health and wellness package with 100% employer-paid insurance premiums for employees and a generous contribution towards dependent coverage; robust long-term disability and life insurance coverage; technology subsidy; valuable employer contributions to retirement savings; more than three weeks’ vacation to start (with longevity increases); access to and financial support of professional development, and a demonstrated commitment to work/life balance.