1,996 Lending jobs in the United States
Specialized Lending Loan Closing Officer

Posted 1 day ago
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**Location:** On site at location listed in job posting.
At First Horizon Bank Operations, we are on a mission to deliver a seamless customer experience. We are passionate about doing things right and doing the right things. We collaborate with each other and with our internal business partners to delight our customers. We believe in creating an environment where everyone's ideas are valued so that the team operates at its best. Our team members serve with humility and a deep commitment to their responsibility to be the best at serving their customers one opportunity at a time.
**Summary:**
The Specialized Lending ACCOUNT MANAGER I (Loan Closing Officer - LCO) partners with the Relationship Officers, Portfolio Managers and the Syndication Team to facilitate the closing of new deals and subsequent amendments for syndications and participations where First Horizon Bank is either the Lead Bank/Agent or a Participant/Investor.
The LCO ensures all documents support the approved credit request for a timely and well-coordinated closing. These facilities are extended to the Bank's largest and highest value clients and require individuals with strong business acumen, poise under pressure, impeccable customer service skills and excellent analytical and problem-solving abilities.
**Essential Duties and Responsibilities:**
Responsibilities include collecting required due diligence for closing, verifying and funding the initial closing advances with associated balanced GL entries, collecting fees, advising the Bank Group of any closing activities, booking of new facilities and performing maintenance. The LCO is also responsible for arranging the imaging of loan documentation post-closing and assisting with clearing resulting loan exceptions.
**Knowledge:**
+ Extensive understanding of syndication and participation concepts, i.e. pro rata shares, interest/fee accruals, takedowns etc.
+ Complex syndicated and agented loan structures and documentation.
+ General Ledger and reconciliation functions.
+ Real Estate Due Diligence and Flood Compliance
**Abilities:**
+ Comprehend Loan Approvals and verify Lending limits.
+ Comprehend credit agreements and all related syndicated loan documentation.
+ Translate the terms of the facility into the servicing system's structure in a way that accurately reflects the terms of loan documents.
+ Perform loan accounting functions (extensive balancing involved).
+ Ensure wire related procedures are followed and wire funds accordingly.
+ Defuse tense situations or difficult customer interactions or escalate as needed.
+ Handle multiple tasks and prioritize.
+ Work with little supervision but know when to ask for help.
+ Maintain a healthy relationship with internal and external business partners.
+ Take a systematic approach to daily work and planning.
**Skills:**
+ Impeccable customer service and customer centric focus.
+ Strong analytical and problem-solving skills.
+ Excellent verbal and written communication skills across all levels of the organization.
+ Proficient computer skills, especially Microsoft Office applications, such as Excel.
+ Attention to detail and ability to identify potential issues and escalate as needed.
+ Comfort with ambiguity.
**Education and/or Work Experience Requirements:**
+ Bachelor's degree in finance or related discipline required
+ 3 - 5 years of previous experience in loan system administration and / or loan closing and due diligence
+ Knowledge of ACBS loan system a plus
**Hours** :
+ Monday - Friday
+ 8:00 AM - 5:00 PM
**About Us**
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at ( .
**Benefit Highlights**
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- 401(k) with 6% match
- More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
**Follow Us**
Facebook ( formerly Twitter
LinkedIn ( ( Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights ( notice from the Department of Labor.
Lending Manager

Posted 6 days ago
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Job Description
The ideal candidate needs to have a strong understanding of underwriting and the ability to effectively lead a team of underwriters. Effective communication and collaboration are required to ensure team's underwriting and customer service levels are met; monitor credit quality and ensure team's compliance with appropriate policies and regulations.
**In the Role**
+ Accountable for underwriters maintaining service levels.
+ Provide excellent customer service to loan originating sources including Dealers and internal partners by understanding their service needs and finding opportunities to continuously improve quality and turnaround time.
+ In control of production, efficiency, quality, and receivables booked by their team of underwriters.
+ Review exceptions and complex applications outside underwriters' authority.
+ Ensure underwriters are producing high quality loans and compliant for state pricing guidelines and exception requests.
+ Ensure underwriters' quality of bookings and risk versus reward are aligned with OneMain's risk appetite.
+ Responsible for driving a strategy for a team of underwriters to meet production and customer service expectations.
+ Conduct regular internal management reviews of applications and loans to ensure the underwriters are approving the right business and not missing potential business.
+ Lead reviews to ensure alignment in team's judgment with OneMain's risk appetite and monitor credit quality.
+ Maintain thorough knowledge and understanding of OneMain's policies and procedures, as well as state and federal laws.
+ Coach, develop and train team members; communicate performance level expectations, provide constructive feedback, and establish an accountability rhythm to ensure goals of individual team members and the team meet or exceed expectations.
**Requirements**
+ HS Diploma/GED
+ Minimum of 5 years' experience in a fast-paced underwriting or sales environment
+ Oral and written communication and interpersonal communication .
+ Analytical and problem-solving skills to underwrite loans balancing risk for reward.
+ High level of integrity, independent thinking, dealing with ambiguity, learning agility, inclusive, results oriented, ability to accomplish results through others, ability to mentor and coach, ability to build relationships, ability to translate and drive business strategy.
**Preferred**
+ Bachelors Degree
+ Auto Dealer and/or Finance Industry experience
**Location:** Mendota Heights, MN or Tempe, AZ
**Mendota Heights, MN-** Target base salary range is $70,000 - $95,000, which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive compensation program that is based on individual and company performance.
**Who we Are**
OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we've looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.
Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we're committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There's never been a better time to shine with OneMain.
Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That's why we've packed our comprehensive benefits package for full- and some part-timers with:
+ Health and wellbeing options for team members and their dependents
+ Up to 4% matching 401(k)
+ Employee Stock Purchase Plan (10% share discount)
+ Tuition reimbursement
+ Continuing education
+ Bonus eligible
+ Paid time off
+ Paid volunteer time
+ And more
OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) and Affirmative Action (AA) employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identify, national origin, age, marital status, protected veteran status, or disability status.
Product Manager, Lending
Posted 1 day ago
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Job Description
As a Product Manager on our Lending team, you will leverage your technical, design, and analytical skills to launch and enhance our flagship financing solution, empowering hundreds of millions of shoppers with flexible payment options. You'll collaborate with various teams including onboarding, post-purchase, wallet, UX, engineering, legal, and retail partners to ensure seamless and scalable experiences across our app and point-of-sale channels. This role offers a significant opportunity to massively impact both our customers and our company. You will:
Build and own key new user experiences in the shopping and lending space, scaling to tens and hundreds of millions of users (including but not limited to merchant & wallet integrations, in-app balance/repayment flows, checkout integration, and personalization)
Partner with cross-functional teams to identify pain points, define requirements, and ship features that balance lending fundamentals (APR, decline rules, autopay) with the needs of our customers
Maintain and prioritize your slice of the roadmap in support of our overall launch plan
Make decisions based on key metricsconversion, repayment rates, engagement to inform prioritization and drive measurable improvements
Translate complex technical and partner requirements into clear tickets, user flows, and stakeholder updates
You Bring
7+ years of relevant experience in product management or similar role (e.g. engineering, technical product management)
You fight for the best experience for your customers, while understanding technical, business, and design constraints.
Servant leadership: you lead by example and are able to motivate people to get stuff done without being their direct manager
Executive presentation skills - tight communication that gets buy-in for key initiatives
Experience working with legal, compliance, product, business, engineering and other key stakeholders
Self-motivated and enthusiastic with demonstrated critical thinking capabilities
Drive and proactivity - everyone here is a builder and executor
Standard Interview Process
Initial Interview with Talent Partner
Technical or Hiring Manager Interview
Team Interview
Executive Interview
Offer!
Equal Employment Opportunity
To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at
Indirect Lending Processor
Posted 1 day ago
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4 days ago Be among the first 25 applicants
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Direct message the job poster from Heritage Financial Credit Union
Come join Heritage Financial Credit Union's Indirect Lending team as Indirect Lending Processor!
Are you a confident communicator who thrives on building strong relationships with dealerships and internal teams?
Are you energized by a fast-paced lending environment where every detail matters?
Were seeking a detail-oriented, service-minded professional to join our Indirect Lending team.
Here's a little about us:
Heritage Financial Credit Union is a member-owned financial institution that is committed to helping our members achieve their financial goals and building a stronger community. We believe that everyone deserves access to affordable financial services, and we are dedicated to providing our members with the tools and resources they need to achieve their financial dreams.Our vision is to be the leading financial institution in the communities we serve, and we are committed to creating a culture of excellence where our employees can thrive. We believe in creating a workplace where everyone feels valued and respected, and where we can all work together to achieve our goals. We recognize that our employees are our most important asset, and we are committed to providing them with the training, development, and opportunities they need to succeed. Our values are at the heart of everything we do.
We believe in:
- Integrity: We are honest and trustworthy in all of our dealings with our members, employees, and the community.
- Excellence: We strive to provide our members with the best possible service.
- Teamwork: We believe that we can achieve more together than we can alone.
- Respect: We treat each other with dignity and respect.
- Community: We are committed to giving back to the communities we serve.
If you are looking for a challenging and rewarding career in the financial services industry with a company that is committed to its mission, vision and values, we encourage you to apply for a position at Heritage Financial Credit Union. Here you will find a supportive and collaborative work environment where you can make a difference in the lives of our members and our community. We offer a competitive salary, comprehensive benefits package, including a very generous PTO policy. We are always looking for talented and motivated individuals to join our team.
POSITION PURPOSE
Responsible for data processing into loan system and maintaining documentation for accuracy and compliance. Perform a variety of administrative support related to documentation, processing, closing on indirect loans and indirect leases, and the lending function. Perform all responsibilities in accordance with agreed service standards, federal/state regulations and credit union policies/procedures. Daily work will involve cultivating and maintaining positive relationships with employees, dealers, and members.
What's in it for you?
Salary: $19.54 - $4.43 per hour (depending on experience)
- Incentives and Merit Increases
- Employee Assistance Program
- Flexible Spending Accounts/HSA
- 401(k) with Employer Match
- Educational Assistance
- Paid Time to Volunteer
Requirements
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
- Develop and maintain positive relationships with both internal and external members, specifically dealers, members, and co-workers
- Provide timely and accurate administrative support, including updating loan data in the system, assembling documentation for member loans, reviewing applications, and verifying information for indirect loans and leases
- Timely contact and follow up with dealerships in regards to missing documentation required to disburse loans
- Book loans and leases to the core system
- Verify accuracy on indirect loan and lease packages received for funding in a timely manner and according to department service standards, assuring all stipulations of approval are met prior to disbursement.
- Communicate with management and lending team to ensure consistency and compliance in all areas of loan process, closing, funding and service standards.
- Provide excellent member and dealer service, solve issues as they arise, and escalate issues as necessary
- Consistently review and recommend changes to improve workflow, efficiency, and quality
- Scan and upload all finalized loan documentation to the appropriate system
- Assist in reviewing and updating lending policies and procedures
- Cross-sell credit union products and services, as appropriate
- Assist members with the setup of automatic, recurring electronic payments, as needed
- Assist in training new employees
- Performs additional duties as assigned
EDUCATION/CERTIFICATION:
- 2 year college degree preferred plus 2 years of loan processing experience; or a comparable combination of education and experience
REQUIRED KNOWLEDGE:
- Knowledge of accounting principles, lending industry guidelines and strong communication skills.
- This position requires that the employee gain a working knowledge of Bank Secrecy Act (BSA) requirements and how they will affect their work.
EXPERIENCE REQUIRED
- Experience using P.C. based software including Microsoft Word and Excel
Skills/Abilities:
- Ability to project a professional appearance and positive attitude at all times.
Salary Description
19.54 - 24.43 per hour
Seniority level- Seniority level Associate
- Employment type Full-time
- Job function Finance
- Industries Banking
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#J-18808-LjbffrLending Operations Processor
Posted 1 day ago
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HIGH PLAINS FARM CREDIT, ACA The Farm Credit System is a unique entity, a network of nationally connected, locally owned financial cooperatives. Since 1916, Farm Credit has been devoted to agricultural financing and is the largest single provider of agricultural credit in the United States. High Plains Farm Credit is a member of the Farm Credit System and services over $2.0 billion of loans primarily originated in central and western Kansas. High Plains Farm Credit's vision is to be the preferred source of agricultural financing. POSITION PURPOSE High Plains Farm Credit is currently recruiting a Lending Operations Processor to service customers in our Dodge City branch office. This position performs general clerical duties and assists with loan servicing functions. This position contributes to the success of High Plains Farm Credit by providing exceptional customer service and general support for the branch office team. JOB FUNCTIONS Establish, develop, and maintain strong and effective working relationships with customers, prospects and visitors. Provide consistent quality service, which is timely, thorough and responsive to customer expectations. Handle daily customer monetary transaction processing. Assists credit officer with data entry and processing loans. Provide general support for the branch office team and work in a team environment. Working relationships: Frequent interaction with area professionals including real estate agents, commercial bankers and others in the normal course of business. QUALIFYING CHARACTERISTICS Associate's degree preferred. 1+ years of related office experience performing similar functions. Proficient in generating highly accurate work, organizing and prioritizing duties. Knowledge and experience with basic accounting skills. Farm background with related practical experience preferred. Interested candidates should email a cover letter and resume to . EEO/AA/M/F/D/V
Indirect Lending Processor
Posted 1 day ago
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Job Description
Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America's Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation's leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.
Summary:
Responsible for processing car loans received through a network of car dealerships. Counts and separates packages received by product and region; collecting and checking all necessary documentation; entering package information into the computer system; and resolving discrepancies prior to funding.
Education and/or Experience:
- High school education or GED required
- Minimum two years of disbursing experience required
- Minimum one-year dealership experience preferred
- Proficiency in Microsoft Office
- Strong writing and communication skills
- Strong attention to detail
- Ability to work in a fast-paced environment
- Reviews loan packages for accuracy and completion by verifying information across multiple documents, ensuring the contracted and approved rate are accurate, ensuring all stipulations have been met, verifying all DMV paperwork meets the criteria of the state the vehicle is being registered in, ensuring the information in the loan packages matches the core system if the applicant is an existing member.
- Responsible for verifying vehicle and member information based on internet research of various databases, telephone listings, etc.
- Enters all information from loan package into the loan application system, verifies package meets approval guidelines and if not contacts loan officers to re-evaluate
- Contacts and corresponds with dealerships and other parties in order to obtain all required documents
- Responsible for placing applications in the correct queues in the loan application system and communicating the status of the applications to the dealerships
- Verifies all information in the core system is accurate once funding is complete and ensures cashbox is balanced each day
- Performs other duties as assigned
We provide a competitive compensation and benefits package that includes, but is not limited to:
- Paid time off for vacation, personal days, and holidays
- Fully-funded pension plan
- 401(k) company contribution
- Teachers pays 100% of Dental & Vision premium
- Tuition reimbursement is offered to full-time employees
- Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $24.80 - $29.75 an hour. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.To learn more about Teachers and to view a full list of our job opportunities please visit
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#LI-KM
Lending Compliance Manager
Posted 1 day ago
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- Fair Lending and Fair Banking:
- Oversees the Bank's Fair Lending Policy and Program throughout the organization, serving as the primary point of contact for fair lending and banking matters within the Bank.
- Serve as the Bank's subject matter expert in Fair Lending laws and regulations.
- Work collaboratively with Executive Management to identify and manage Fair Lending risk across the Bank.
- Conduct an annual risk assessment that evaluates the level and direction of the Bank's Fair Lending risk in underwriting, pricing, marketing, steering, and redlining.
- Develop and implement robust Fair Lending risk reporting tools, including key risk indicators.
- Develops and implements monitoring routines and procedures for the Fair Lending Program, tailored to each product and/or relevant line of business. This should include ongoing monitoring and testing of exceptions to ensure there are not trends indicating fair lending issues exist as well as identifying exceptions that are routinely granted that should be incorporated into procedures, standards, pricing, policies, etc.
- Complete periodic Fair Lending reviews, including ongoing comparative file reviews, marketing analysis, quality of assistance, exceptions, and redlining reviews, ensure appropriate remediation occurs, and maintain adequate work papers to support findings.
- Ensure fair lending reports are designed to provide bank management with information needed to evaluate fair lending performance.
- Develops and implements monitoring routines and procedures for the Fair Lending Program, tailored to each product and/or relevant line of business. This should include ongoing monitoring and testing of exceptions to ensure there are not trends indicating fair lending issues exist as well as identifying exceptions that are routinely granted that should be incorporated into procedures, standards, pricing, policies, etc.
- Implement and Maintain process, procedures, policy related to compliance with 1071 data collection and reporting requirements, including administering the software required for compliance with the rules.
- Guide management and bank staff regarding new 1071 data collection rules.
- Serve as a committee member on the Compliance Committee and CRA Committee and provide updates on Fair Lending risk, provide training to the committee, and work closely with the Compliance Officer.
- Administer software programs and any third-party vendor relationships for Fair Lending.
- CRA
- Provide oversight and support to the CRA Officer I role.
- Assist with external CRA compliance auditors, examiners, and regulators.
- Responsible for oversight of collection of all CRA data, including but not limited to working with the Bank's CFO regarding CRA-qualified investments, all HMDA loan data, all CRA-qualified community support donations, and all employee hours donated in support of our community.
- Assist with the Bank's CRA database for collection of volunteer hours and donations including determination of CRA eligibility.
- Monitor the Bank's CRA performance and suggest program modifications and improvements.
- Assist with the implementation of new CRA Modernization rules and guide CRA Officer I role, including management and bank staff.
- Oversee the bank's compliance with the Home Mortgage Disclosure Act (HMDA), CRA, Fair Lending and Fair Housing Act (FHA) regulations and ensuring data integrity and timely submission of data to the respective regulatory agency or agencies.
- Review, revise and make recommendations regarding the Bank's policies and practices to comply with Home Mortgage Disclosure Act (HMDA), CRA, Fair Lending and Fair Housing Act (FHA).
- Administer software programs and any third-party vendor relationships for CRA.
- Training
- Work with Learning and Development to develop formal bank-wide Fair Lending and CRA training.
- Provide guidance and training to bank staff on fair lending practices and policies
- Build awareness and provide training to Retail and Marketing to promote affordable products and marketing collateral.
- Develop a library of Fair Lending and CRA resources. Collect and distribute information related to the Fair Lending and other topical subjects to appropriate staff. Provide informational assistance to loan officers, branch personnel, and management.
- Non-Essential
- Perform special projects, research and other duties as assigned.
- Comprehensive understanding of fair lending laws including Regulation B, HMDA, Fair Housing Act, UDAAP, and state fair lending laws, as they apply to various lending products.
- Proven track record in implementing or significantly contributing to a fair lending program (or equivalent), with specific experience in all lending areas including but not limited to mortgage, auto, personal, and/or retail credit lending as well as retail products.
- Knowledge of operating areas, functions, products, and services and the laws and regulations that apply to commercial banks as they relate to credit administration and lending activities.
- Knowledge of loan compliance practices and procedures.
- Knowledge of internal audit practices and perspectives.
- Knowledge of risk and controls including tests for design and operating effectiveness and controls.
- Good interpersonal skills with the ability to effectively work with individuals and groups at all organizational levels; ability to work independently and as part of a team.
- Ability to interpret fair lending and fair banking laws and regulations.
- Ability to take initiative and prioritize tasks; excellent time-management, problem-prevention, and problem-solving skills.
- Ability to maintain confidentiality of sensitive information.
- Proficiency in Microsoft Office and other Windows-based systems required; and CRA and Fair Lending Modules (fair lending analytic software) required.
- Experience and education in meeting requirements of state and federal banking laws and regulations.
- Ability to work with all levels of management and bank staff
- Ability to conduct thorough research, interpret and understand laws and regulations, and provide workable recommendations and solutions to problems.
- Ability to work with community groups and government agencies.
Qualifications
Education and Experience equal to a bachelor's degree in finance, accounting, or related field plus 5 years' experience with regulatory compliance in a bank or financial services company; or a combination of equivalent education and experience. Fair Lending Expert (FLE) or Certified Regulatory Compliance Manager (CRCM) certifications highly preferred.
Compensation:
The hiring range for this position is $104,784-$148,006 per year. The compensation offered will fall within this range commensurate with the candidate's applicable experience, education and skills.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
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Program Officer, Lending
Posted today
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Job Description
LISC is one of the country's largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.
POSITION DESCRIPTION
LISC Upstate SC seeks a Lending Program Officer to advance its community development lending program. This position is charged to support LISC Upstates' work towards increasing transformative impact by facilitating and deploying capital and guiding development capacity at the local and regional level. This person will be responsible for lending business development and loan originations that support LISC's strategic priorities and a comprehensive approach to neighborhood revitalization. We seek an experienced professional who desires to strengthen communities through thoughtful, impactful lending, technical assistance, and project management. Primary responsibilities will include identifying project opportunities; providing technical assistance to local borrowers; initial vetting of projects and structuring financing needs; deep ties and experience building relationships, networking, and collaborating effectively with, culturally, and socio-economically ranging communities and organizations that serve them; and deep passion for and commitment to lending. This position requires a hybrid work arrangement.
The Program Officer, Lending will be expected to work closely with other LISC team members, be action oriented, results-driven and enjoy working in a fast-paced, collaborative environment.
RESPONSIBILITIES:
Working closely with the Executive Director, the Program Officer, Lending will:
- Develop a strategic approach to support the growth of lending and real estate-based transactions, design new lending programs and create related marketing, informational and application materials.
- Build and manage a pipeline of projects for Upstate SC to invest in such asset classes as affordable housing, community facilities, educational facilities, commercial developments and economic infrastructure with the primary goal of generating loan activity for the LISC loan fund and other LISC-managed loan pools to meet LISC Upstate's agreed upon lending goals.
- Work with LISC partners on the full cycle of activities related to business and real estate-based lending and development, providing technical assistance and identifying appropriate LISC resources as needed. This includes assessing project feasibility and the financing request, developing financing strategies and helping partners access other forms of capital including philanthropic contributions and/or public subsidies.
- Develop and manage relationships with other strategic partners, including for-profit and nonprofit financial institutions and local, state, and national governmental subsidy programs, that could support potential permanent financing structures for LISC borrowers.
- Ensure integration and alignment of Upstate SC's real estate development activities and financing pipeline with the strategic direction and goals of LISC National and Upstate SC by collaborating with LISC team members and strategic neighborhood partners.
- Provide capacity building support to partners to position their organization to successfully implement more complex real estate developments. Identify LISC resources that could be used to strengthen the organization.
- Serve as primary underwriter, including working with borrowers to structure the transaction, conducting due diligence and financial analyses, drafting credit memoranda, and presenting loan recommendations to LISC's national Credit Committee and the LISC Board of Directors, as applicable.
- Coordinate between National Lending and local program staff through regular pipeline meetings and other channels.
- Compile and share best practices in business development and sourcing from within the LISC community and from sources outside of LISC. Represent LISC as an expert on community development lending and share best practices at conferences, trainings, and events.
- Prepare reports and findings for investors, funders and other stakeholders as needed.
- Lead new initiatives as called upon to do so.
- Perform other duties as required
QUALIFICATIONS:
- Bachelor's degree OR relevant related work experience
- Minimum of at least three (3) years of relevant experience in lending, finance, community development or related field. Proven track record of delivering results.
- Familiarity with the real estate markets in the Upstate SC together with familiarity with city, state and federal housing, commercial and mixed-use financing programs available to support projects.
- Knowledge of financing products such as predevelopment, acquisition, construction, bridge and permanent loans; lines of credit; and tax credit equity.
- Experience with working with lower-income communities and with a community-based, resident-driven model of neighborhood revitalization preferred.
- Ability to evaluate financial statements.
- Ability to identify financing opportunities and to creatively solve problems.
- Capacity to work on multiple tasks and projects, prioritize a challenging workload, be positive and solution oriented.
- Ability to work collaboratively with others and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizations.
- Commitment to working in a small team with a desire to learn from colleagues, supporting and encouraging each other in the pursuit of excellence.
- Excellent judgment, maturity, integrity, professionalism, interpersonal and managerial skills.
- Excellent writing and verbal communication skills are essential. Proficiency in Microsoft Office suite, particularly Microsoft Excel.
The position will be based in Upstate SC with some local travel to potential or current borrowers, and travel to LISC and industry related events. LISC offers a competitive salary and an excellent benefits package.
Please include a cover letter with your submission.
COMPENSATION & BENEFITS:
LISC offers a competitive salary of$65,300-$81,600 commensuratewith experience and excellent benefits.
*Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications.
Our benefits include:
Medical, Dental, Vision Coverage: Comprehensive health plans for you and your family's well-being;Disability Insurance: Long-term and short-term coverage for peace of mind; Retirement Savings: Secure your future with our 401(k) and 403(b) plans; Generous Holidays: Enjoy ample time off to recharge and celebrate; Vacation, PTO, and Sick Days: Take advantage of flexible time-off policies to maintain work-life balance; Tuition Assistance: Pursue your educational goals with support from our tuition assistance program; Referral Program: Earn rewards for referring qualified candidates to join our team; Professional Development Opportunities: Grow and advance in your career with access to ongoing training and development programs tailored to your goals.
LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.
We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.
Program Officer - Lending
Posted today
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Job Description
LISC is one of the country's largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.
Position Description
The Jacksonville office of Local Initiatives Support Corporation (LISC) seeks a skilled lending professional with a passion for strengthening communities to fill the position of Program Officer for Lending. The Program Officer will serve as the primary business developer and originator of loans that support LISC Jacksonville's community development priorities - affordable housing, community economic development, equitable neighborhood development, and financial opportunity. This position reports to the local Executive Director and is responsible for the sourcing, underwriting, and administration of LISC's pre-development, acquisition, construction, permanent, and bridge financing loans for real estate development in Jacksonville, as well as working capital loans and lines of credit.
Primary activities will include: identifying project opportunities, vetting of projects and assessing financing needs, structuring creative financing solutions, providing technical assistance to current and prospective local borrowers, developing key relationships and partnerships with other local CDFIs, national LISC teams, and LISC affiliates, as well as informing the local lending strategy. The Program Officer will also collaborate with other local LISC non-lending staff who are engaged in complementary activities to address our community development priorities.
Responsibilities
- Build effective working relationships with current and prospective borrowers, with national LISC teams, and with LISC affiliates.
- Meet with current and prospective borrowers to build a pipeline of loans in Jacksonville, which may include such asset classes as affordable housing, commercial and mixed-use real estate, community facilities, educational facilities, lines of credit and working capital loans.
- Serve as primary originator and initial underwriter for local financing transactions
- Work with borrowers and national LISC staff as necessary to assess feasibility, structure financing transactions, conduct due diligence and financial analyses, draft credit memoranda, and present loan recommendations to LISC's local and national Credit Committees and the LISC Board of Directors, as applicable.
- Work with local and national LISC staff to provide technical assistance to community development organizations on the full-cycle of activities related to lending and real estate development, including providing technical assistance (direct and through referrals) and identifying appropriate LISC resources, as needed.
- Work with national LISC Lending and Legal staff to manage timely loan closings, including coordinating the preparation of commitment letters, negotiating key business terms, and reviewing due diligence items and loan documents for consistency with key business terms.
- Assist national LISC Asset Management staff to manage the Jacksonville loan portfolio, including requesting project updates, analyzing financial statements, reviewing disbursement requests, and monitoring loan payments and covenant compliance.
- Assist Executive Director with supervision of other local LISC staff, interns and consultants who are engaged in local LISC lending activities; providing guidance and work management
- Participate fully in local LISC staff meetings and activities and develop an understanding of colleagues' activities supporting affordable housing, community economic development, equitable neighborhood development and financial opportunity.
- Assist other local LISC staff with structuring and review of recoverable grants, as needed.
- Develop and manage relationships with other strategic partners, including for-profit and nonprofit financial institutions and local, state, and national governmental subsidy programs, that could support potential complementary capital and permanent financing structures for LISC borrowers.
- Work with local and national LISC staff to provide capacity building support to partners to position their organization to implement real estate developments and other projects in need of capital investment.
- Represent LISC at conferences, trainings, and events.
- Prepare reports and findings for the LAB, investors, funders and other stakeholders, as needed.
- Work with local and national LISC staff on new initiatives as called upon to do so.
- Other duties as assigned.
Qualifications
- Bachelor's degree from an accredited college or university required or relevant related work experience can be used as proxy.
- Minimum of at least five years of relevant experience in lending, finance, affordable housing, community development or related field. Proven track record of delivering results.
- Familiarity with Jacksonville neighborhoods and the local real estate market preferred, as well as with city, state and federal housing, commercial and mixed use financing programs.
- Knowledge of financing products such as predevelopment, acquisition, construction, bridge and permanent loans; lines of credit.
- Experience with working with lower-income communities preferred, as well as with community-based, resident-driven neighborhood revitalization.
- Ability to evaluate financial statements.
- Ability to identify financing opportunities and to creatively solve problems.
- Capacity to work on multiple tasks and projects, prioritize a challenging workload, be positive and solution-oriented.
- Ability to work collaboratively with others and demonstrate flexibility and poise in dealing with a diverse range of individuals and organizations.
- Commitment to working in a small team with a desire to learn from colleagues, supporting and encouraging each other in the pursuit of excellence.
- Excellent judgment, maturity, integrity, professionalism, interpersonal and managerial skills.
- Excellent writing and verbal communication skills are essential. Proficiency in Microsoft Office suite, particularly Microsoft Excel, is strongly preferred.
Compensation
LISC offers a competitive salary ($65,300-$81,600) and excellent fringe benefits.
*Actual salaries may be based on several factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications.
Our benefits include:
Medical, Dental, Vision Coverage: Comprehensive health plans for you and your family's well-being;Disability Insurance: Long-term and short-term coverage for peace of mind; Retirement Savings: Secure your future with our 401(k) and 403(b) plans; Generous Holidays: Enjoy ample time off to recharge and celebrate; Vacation, PTO, and Sick Days: Take advantage of flexible time-off policies to maintain work-life balance; Tuition Assistance: Pursue your educational goals with support from our tuition assistance program; Referral Program: Earn rewards for referring qualified candidates to join our team; Professional Development Opportunities: Grow and advance in your career with access to ongoing training and development programs tailored to your goals.
LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.
We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.