Loan Underwriter - Cinnaire Corporation

Job Summary: Cinnaire Lending is a U.S. Treasury certified Community Development Financial Institution (CDFI). At Cinnaire Lending, a Loan Underwriter evaluates and structures loan transactions and assesses the associated risks and mitigants for affordable housing and community development loans. This includes ensuring that the proposed loan meets underwriting guidelines, is appropriately secured by real estate or other collateral, and that it will provide positive financial and social impacts that align with the CDFI mission.

Find more information and full information here.

Loan Portfolio Analyst - Cinnaire Corporation

Job Summary: The Loan Portfolio Analyst works with the Portfolio Management (PM) team of Cinnaire Lending. The Portfolio Management team is charged with the oversight and administration of all tax credit deals in the Cinnaire Lending portfolio. 

Find more information and application here.

Housing Client Manager - Youngstown (OH) Neighborhood Development Corporation

Housing Client Manager
Youngstown Neighborhood Development Corporation
Youngstown, OH
Programmatic:

• Assist in implementing YNDC's housing programs, including HUD-Approved Housing Counseling, Paint Youngstown, Strategic Acquisition and Rehabilitation (homeownership and rentals), and Community Loan Fund.
• Develop client streams for homeownership and housing programming.
• Conduct outreach related to the programs.
• Complete client intake for all programs.
• Provide HUD-Approved Housing Counseling and financial literacy services, including providing one-on-one pre- and post-purchase homebuyer and small business owner counseling, teaching homebuyer workshops, and facilitating home maintenance classes.
• Maintain official programming records and documents, and ensure compliance with YNDC, federal, state, local and/or other applicable regulations.
• Develop and maintain strong relationships with critical partners including: housing counseling agencies, realtors, banks, community organizations, and neighborhood groups.

Communications:

• Manage and conduct outreach in strategic neighborhoods related to programming including: door to door outreach, collaboration with neighborhood groups, and presentations at neighborhood meetings.
• Establish sound working relationships and partnerships necessary to manage successful programming initiatives.
• Assist in marketing housing programming online utilizing relevant websites and social media.

Administration:

• Maintain program and client files including: creation of new files and handling of all program and client filing in accordance with applicable regulations.
• Assist in completing grant compliance and reporting.
• Maintain a current working knowledge of significant developments, trends, and best practices in the field of neighborhood development, financial coaching, and community lending.

Competitive salary and benefits package provided.
TO APPLY: please send cover letter, resume and salary requirements to:
Email: info@yndc.org
Attn: Tiffany Sokol
NO PHONE CALLS PLEASE.

Equal Opportunity Employer Requirements

SKILLS/QUALIFICATIONS

• Bachelor's; degree in business/public administration, social work, real estate development, urban planning, or related field from an accredited college or university.
• Three plus years of increasingly responsible experience in business, social work, neighborhood development, housing, planning, or a related field.
• High level of organization and detail.
• High level of professional ethics.
• Excellent written/oral communication skills and ability to utilize new technologies for communication.
• Ability to manage relationships with program clients and neighborhood residents.
• Ability to manage multiple projects/workloads simultaneously and prioritize effectively.
• Ability to proactively solve problems with sound judgment and intuition.
• Experience using Adobe Reader and Microsoft Office: Excel, Word, and PowerPoint.
• Experience using Google functions, specifically Gmail and the Gmail calendar.
• Ability to effectively communicate the organization's mission and vision.
• Ability to work independently of and in collaboration with other staff of the organization.
• Strong understanding of budgeting and personal finance.
• Good personal credit. Applicant's personal credit report will be reviewed prior to hiring decision.
• Ability to provide financial, credit, and housing counseling and receive and maintain certification necessary for housing counseling within two years.
• Ability to become a Notary Public within 6 months.
• Proven experience in working with neighborhood constituencies in urban neighborhoods.

Job ID: 7692275

Commercial Loan Portfolio Manager - Leading Financial Services Firm - Newark, NJ

Commercial Loan Portfolio Manager
Leading Financial Services Firm

Newark, NJ 
Experience:7-10 years

1. Portfolio for Community Bank 2. New Jersey Financial Institution 3. C&I, CRE, Commercial Loans 4. Loan Extensions and Modifications 5. Commercial Lending 6. Formal Credit Training (Credit Risk Acumen as it relates to Loans) 8. SBA, Faith Based Institutional Lending US Citizens and Green Card Holders Only

Portfolio Loans-Community Bank-NJ Location-Perm End/Client Opportunity

The Portfolio - is responsible for the overall asset management and reporting for a portfolio of loans to support the development of faith based institutions, the development of housing, early education, charter schools, other community facilities, small businesses and others.

The Portfolio also supports Underwriting and Business Development in strengthening relationships with clients. As part of Credit, the Portfolio supports the achievement of institutional and overall Credit work plan goals.

The Portfolio - reports to the Deputy Senior Credit Officer and will work closely with the SVP/Senior Credit Officer, SVP/Credit Operations , SVP/Senior Risk Officer, Underwriters and Business Developers in an effort to meet lending goals and objectives. The Portfolio will communicate with borrowers, third party lenders, attorneys and other external parties, as appropriate

Major Duties and Responsibilities: 

• Loan Monitoring 
• Site visits 
• Loan Extensions and Modifications 
• Non-performing Loans 
• Reporting 
• Projects 
• Policies and Procedures 

The ideal candidate for this position will have these key qualifications:

• Experience in real estate-based or business lending, including credit analysis, due diligence and loan documentation
• Working experience with both private sector financial institutions and public agencies.
• Computer aptitude, including knowledge of Microsoft Office Suite programs, and other database software.
• Excellent skills in managing multiple task requiring strong attention to detail.
• High level of analytical and research expertise
• Excellent leadership, interpersonal, team and communication skills (written and verbal)
• Knowledge of banking regulations (OCC and FDIC)
• Ability to work independently with limited supervision
• Ability to establish credibility and rapport;
• Ability to communicate and function professionally with all levels of personnel and business partners across the organization
• Must stay current on operational, product, and system changes/enhancements, as well as demonstrate good risk management decisions
• Able to take “full ownership” of issues until they are completely resolved

Nice to Have:

• Familiarity with houses of worship and faith based institutions, charter schools, community development projects as well as federal, state, and local government funding sources for capital and operating needs of faith based institutions, and community facilities.
• Proficiency in analyzing financials of nonprofit organizations, faith based institutions, community development projects, charter schools and real estate operators (in particular, community facilities

Educational and Other Requirements

• A relevant area of study such as, business administration, theology, philosophy, urban planning or finance. 
• Community Bank experience necessary
• 8-10 of relevant work experience in a commercial lending function (commercial real estate, construction, small business lending, etc.) preferably with a community bank or community development financial institution or with a house of worship or a faith based institution or charter schools or small businesses
• Credit training (formal or on-the-job) at a commercial bank, credit union or community development financial institution that is recognized and well regarded for its credit risk acumen
• Experience with loan, legal and collateral documentation and compliance
• High of self-motivation, dedication, creativity, and perseverance, including flexibility with time and willingness to accept a demanding (and personally satisfying) position. 
• Teamwork and time management skills
• Travel is required and candidate must have a valid driver’s license.

Community Development Analyst - PrivateBancorp, Inc. - Chicago, IL

Community Development Analyst
PrivateBancorp, Inc.
Chicago, IL

Job ID 2016-3607

Overview:
PrivateBancorp, Inc. through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities we serve. We provide a comprehensive benefit package including paid vacation and holidays, 401(k) with employer match, insurance and EAP. Please visit our web site www.theprivatebank.com to learn more about The PrivateBank and Trust Company and PrivateBancorp, Inc. listed on NASDAQ PVTB. The PrivateBank is an Equal Opportunity Employer M/F/Disability/Veteran

Responsibilities:
The Community Development Analyst is responsible for supporting the Community Development Managing Director in the production of Community Reinvestment Act (CRA) eligible loans. The support includes, but is not limited to, assisting in the underwriting of constructions and permanent loans on affordable properties, preparing loan presentations for Committee approval, conducting loan guarantor analysis, monitoring the loan portfolio, working with Community Development Investments on joint transactions, and assisting in relationship management for Community development portfolio

Qualifications:

• Bachelor degree required
• Formal credit training and 2 - 4 years’ experience preferred
• Detail oriented - Strong critical thinking ability
• Excellent customer service and communication skills
• Knowledge of affordable housing financing programs including LIHTC, Section 8, AHP and other Community Development Finance tools is strongly preferred

To apply for this position, please visit
https://jobs-theprivatebank.icims.com/jobs/3607/community-development-analyst/job
or email your resume to cwilson@theprivatebank.com