Community Development Banking News
CDFI Banking: Industry, Policy, and Beyond.
Nonprofit Catholic investment fund Mercy Partnership Fund seeks a director. The director is responsible for the management of the fund, including identifying borrowers, structuring, closing investments, establishing effective relationships with multiple stakeholders and assisting Mercy Investment Services deploy its social impact capital in innovative ways that address the mission of the Sisters of Mercy.
CDBA member Virginia Community Capital has several open positions.
Senior Loan Officer
The senior loan officer is responsible for developing and maintaining strong relationships with borrowers, providing quality customer service and acting as the principal account manager for new and existing customers. The senior loan officer also pursues new client leads and is responsible for business development, credit analysis, underwriting and proper loan structuring.
Portfolio Analyst
The portfolio analyst assists in the oversight of the loan portfolio. The incumbent will be primarily responsible for helping to service the existing loan portfolio in areas such as construction loan and line of credit draw management, exceptions resolution and annual reviews. This individual will report directly to the portfolio manager.
The Federal Reserve Bank of Boston seeks an SVP regional and community outreach. This position is a member of the bank’s Executive Committee, participating in the formulation of the bank’s overall policy while leading the Regional and Community Outreach Department's planning and implementation. This role is at the highest level on Federal Reserve System projects and serves as the bank’s community affairs officer.
Carver Federal Savings Bank seeks a credit analyst responsible for reviewing loan packages, preparing narrative analysis for approval and ensuring loan structure consistent with loan policy. This role also covers underwriting for commercial and commercial real estate C&I, term loans and commercial mortgages.
CDBA member Industrial Bank seeks an SVP/CFO to manage the bank’s financial and reporting activities. This role assists in the preparation of the bank’s financial plan, maintains accurate records of bank income and expenses, prepares financial reports and provides financial information to the bank’s departments. Further, the incumbent will analyze budgets, financial reports and financial trends.
CDBA member Urban Partnership Bank has several open positions:
Senior Compliance Specialist
The senior compliance specialist performs a variety of critical monitoring functions related to regulatory consumer protection, the Community Reinvestment Act and fair lending regulations. This position ensures ongoing compliance with established policies, procedures and government regulations.
Finance Specialist
The finance specialist will provide accounting assistance for new or complex transactions across all lines of business, including commercial banking, retail, treasury, credit and loan workout. In addition, this role will help ensure accounting controls and procedures are followed and are consistent with industry standards.
City First Enterprises, the CDFI holding company of CDBA Member City First Bank of D.C., seeks a controller. The controller will perform high-level accounting functions including budget development, oversight, month-end transaction processing, monthly financial report preparation, cash flow planning and outside audit facilitation. This position reports to the president and the executive vice president.
The CDFI Fund is seeking a CDFI manager to oversee the CDFI and Native Initiatives Program. This position will develop policies and manage all aspects of the CDFI and Native Initiatives Program. The manager will also coach, train, and supervise associate program managers and staff.
CDBA member Sunrise Banks seeks a credit analyst to provide detailed historical, pro-forma and sensitivity analysis and support to loan officers on new and existing commercial and industrial loans, commercial real estate and personal loans. This position maintains loan and bank credit file documentation to ensure compliance with bank loan policy and regulatory requirements.
CDBA member Sunrise Banks seeks a commercial loan officer to interview, assess and analyze prospective loan clients. This position establishes new business loans and deposit prospects, granting new loans according to bank guidelines and establishing the terms under which credit will be granted.