Apply on Employer Site

NeighborWorks Capital · 1 day ago

Senior Loan Officer

Silver Spring, MD

Full-time

Hybrid

Senior Level

$130K/yr - $150K/yr

5+ years exp

NeighborWorks Capital is a national non-profit, certified Community Development Financial Institution serving a network of organizations focused on affordable housing and community development. The Senior Loan Officer is responsible for developing and maintaining lending relationships with real estate developers, identifying loan opportunities, and securing loan approvals while adhering to lending policies and minimizing organizational risk.

Financial ServicesNon ProfitService Industry

Responsibilities

Guide borrowers through the loan application, approval, and closing process

Evaluate loan requests and risk ratings in line with lending policy guidelines

Balance borrower needs with organizational risk mitigation through effective negotiation

Analyze organizations (board, staff, financial, etc.), developments, and projects to support loan origination and underwriting

Provide technical assistance to borrowers in structuring financing solutions

Prepare credit memoranda and present loan recommendations to NC’s Loan Committee

Manage multiple deadlines and borrower needs with flexibility and adaptability

Assist the Director of Loan Closing with timely closings, including negotiating terms and reviewing due diligence and loan documents

Build and maintain strong working relationships with borrowers, NeighborWorks America relationship managers and other industry partners

Confidently speak to the full range of products, services and resources provided by NeighborWorks Capital

Conduct site visits to meet current and prospective borrowers and evaluate projects

Assess market needs and conduct research to inform new or enhanced financing solutions

Represent NeighborWorks Capital at industry conferences and networking events

Coordinate business development activities with the Chief Lending and Customer Engagement Officer, CEO, and other relevant staff

Coordinate customer relationship management with Portfolio Managers to ensure a seamless customer experience and to foster loyalty and repeat business

Qualification

Commercial real estate lendingCredit analysisUnderwritingAffordable housing financeSalesforceMicrosoft Office SuiteAdvanced Excel skillsAnalytical skillsProfessional demeanorTask prioritizationWritten communicationVerbal communicationCollaborative approach

Required

5+ years of experience in commercial or multifamily real estate lending, credit analysis, or underwriting, preferably with complex community development projects at a bank or CDFI

Proven ability to develop new borrower relationships and manage a portfolio of existing clients to achieve loan origination/production goals

Knowledge of affordable housing finance, nonprofit real estate development, and federal/state subsidy programs serving urban and rural areas

Bachelor's degree in finance, business, real estate, economics, urban planning, or a related field

Commitment to community development and creating positive impact in underserved communities

Strong analytical skills with experience preparing clear, accurate, and well-organized credit analyses

Excellent written and verbal communication skills

Professional demeanor and collaborative approach in a mission-driven environment

Ability to prioritize multiple tasks and meet deadlines while maintaining credit standards

Proficiency in Salesforce, Microsoft Office Suite, with advanced Excel skills

Benefits

Excellent employer-paid benefits package that includes medical, dental, vision, 11 paid holidays, PTO & sick leave, life insurance, disability, 6% contribution of eligible salary to 401(k), transportation subsidy, matching contribution plan to eligible nonprofits, and bonus potential.