Community Development Banking News
CDFI Banking: Industry, Policy, and Beyond.
Nonprofit organization Neighborhood Housing Services of Chicago seeks a director of lending services responsible for leading the overall mortgage lending efforts of its CDFI affiliate Neighborhood Lending Services, Inc. The director of lending services develops sales production goals, assigns target sales objectives for the various mortgage loan products and meets production goals.
CDFI consulting agency FUND Consulting is looking for a consultant to serve as project manager for annual service package clients and discrete projects. This role participates in the development and implementation of project plans and represents the company at external functions. The ideal candidate will have CDFI experience, a bachelors degree, and possess excellent writing, communications and organizational abilities.
CDBA member One PacificCoast Bank seeks a commercial lending relationship manager. As clients' primary contact with the bank, the relationship manager must understand and articulate the mission of One PacificCoast Bank to clients, prospects and community members. This position is responsible for day-to-day client relationships and business development efforts in order to meet individual performance goals and achieve the bank’s growth objectives. The relationship manager reports to the chief lending officer.
Broadway Federal Bank seeks a loan review credit analyst to perform loan reviews of credits held it in the bank’s commercial lending portfolio. The loan review process will focus on assessing credit quality and will require an understanding of and familiarity with multifamily real estate lending, financial statements and tax returns.
CDBA Member Carver Federal Savings Bank seeks an underwriter/credit analyst to underwrite C&I, term loans and commercial mortgages. This position is responsible for reviewing loan packages, interpreting credit quality information and conducting complex credit and financial analyses.
The CRA investment manager is responsible for managing a portfolio of innovative community development investments and loans in support of community development financial institutions and nonprofit affordable housing developers. Duties include working with community outreach staff to source opportunities as well as underwriting and negotiating investments.
Commercial Mortgage Credit Analyst
The commercial mortgage credit analyst examines complex non-profits and prepares credit reports including annual relationship reviews and downgrade or impairment memos. This position also assists in the preparation of new credit requests and performs various portfolio management duties.
Employment assistance nonprofit REDF seeks a managing director to lead the program team and oversee the growth and development of REDF’s initiatives at the local and national levels. The managing director oversees the program team’s annual action planning process and manages performance.
CDFI network Opportunity Finance Network seeks an SVP, small business initiatives responsible for delivering project management, strategic planning and implementation leadership for an initiative focused on educating small business owners about predatory lending and creating demand for responsible alternative lenders. The position is responsible for overall leadership of the project, providing general oversight, staff/contractor direction and day-to-day management.
CDBA member Urban Partnership Bank seeks a manager of compliance to manage regulatory requirements of the Bank Secrecy Act, the Patriot Act and the Office of Foreign Assets Control and Anti-Money Laundering. Responsibilities also include functions related to consumer compliance and CRA. The incumbent will serve as the Bank Secrecy Act Officer and work closely with the operations and IT departments to coordinate the program.
CDBA Member Community Bank of the Bay seeks to fill several positions
SBA Business Development Officer
(Oakland/San Jose, Calif.)
The SBA Business Development Officer originates new 7a and 504 loan opportunities. This position will call on and develop an external referral source network to solicit SBA loan opportunities, analyzing the needs of prospects and providing information about products and services. The business development officer also will interview new loan applicants to gather information relative to their business needs, abilities and earnings to determine whether loans may be an acceptable risk and communicate credit decisions to prospects and customers.
Relationship Manager
(Oakland/San Jose, Calif.)
The relationship manager is responsible for the production of C&I loans, lines of credit and commercial real estate loans. This position will maintain and manage a loan portfolio and cross-sell all bank products and services with the goal of building relationships with business and personal clients. The relationship manager solicits, negotiates and underwrites loans in compliance with bank's credit policies and guidelines.
Credit Analyst
(Oakland/San Jose, Calif.)
The credit analyst is responsible for assisting loan officers in the evaluation of commercial credit and deal structure for C&I, commercial real estate and SBA customers. This position is responsible for preparing financial spreadsheets to properly assess cash flow and debt service coverage. The credit analyst will also be expected to conduct annual portfolio reviews and audits. This role assists in the preparation of credit approval memos and ensures that covenant compliance and financial reporting requirements are addressed.