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Cinnaire · 1 week ago

Director, Loan Originations

Detroit, MI

Full-time

Hybrid

Mid, Senior Level

7+ years exp

Cinnaire is a community development lender seeking a Director of Loan Originations to lead their Loan Originations team. This role involves managing a team, fostering collaboration, building relationships, and developing new referral strategies to support the organization's growth in the affordable housing sector.

Financial ServicesImpact InvestingNon Profit

Growth Opportunities

Responsibilities

Train and supervise the Loan Originations team on all aspects of CDFI loan structuring and strategies to manage risk

Build loan referral and loan participant relationships with other CDFIs, state housing finance agencies, and other lenders and partners as appropriate

Solicit feedback on CLC loan products and work with CLC’s Executive Team to change existing products or develop new products when necessary

Set the standards and expectations for customer service for the Loan Originations team

Ensure prospective borrowers receive technical assistance as needed

Support Cinnaire’s Strategic Communications team in marketing Cinnaire’s lending products. Provides materials to support advocacy efforts as needed

Keeps abreast of trends, new product offerings, and innovative loan origination strategies in the affordable housing and CDFI lending field

Provides industry and market insights to the leadership team in support of expanding products and services to meet market needs

Represents Cinnaire Lending at industry conferences and other events to generate lending and loan participation opportunities

Qualification

Business development experienceLeadership skillsTeam managementCommunication skillsInclusion awarenessPerseveranceCollaboration skillsCustomer focus

Required

Bachelor's degree from an accredited college or university required

Strong communication and collaboration skills

Experience leading and motivating teams of skilled professionals

Seven or more years' experience in a business development capacity for a community development lender, preferably at a certified Community Development Financial Institution