Community Development Banking News
CDFI Banking: Industry, Policy, and Beyond.
CDBA member Virginia Community Capital seeks a chief risk officer focusing heavily on credit risk and administration. This position reports directly to the CEO and will help lead the organization through analysis of potential risk areas while working with other managers to manage risk. The chief risk officer is responsible for the enterprise-wide oversight of risk. Credit review, portfolio analysis and outsourced internal audits are also managed through this position.
CDFI Bank Spring Bank seeks a commercial loan closer. This position's primary function is to create complete loan packages and to ensure compliance with the bank's credit policy and SBA lending requirements. In order to carry out this function, the incumbent is expected to carry out due diligence, prepare legal files, facilitate the booking of the transaction and act as liaison between various departments.
CDBA Member Carver Federal Savings Bank seeks an AVP/commercial lender to organize quality and profitable commercial business loans. This position is responsible for developing new-to-bank business relationships and achieving lending goals by actively leveraging a book of business relations and building partnerships with the retail bank team. The incumbent will also execute loan transactions, including preparing credit proposals, monitoring compliance issues and managing loan closings.
CDFI loan fund Doorways to Dreams Fund (D2D Fund) seeks a senior innovation manager to design and deliver innovative solutions to help low and moderate-income households build financial security. This role will play a key leadership role on multiple D2D initiatives and lead a high-performing team passionate about making positive, scalable impact on the financial lives of consumers.
OneUnited Bank seeks a legal associate to work with senior counsel and business units on various legal issues regarding customers, policies, employment and other legal issues. This position prepares agreements, documents and pleadings relating to litigation and non-litigation matters and engages in contract management to ensure compliance with federal and state laws, banking regulations and bank policies.
The senior advisor provides information, advice and analysis to the CDFI Fund Director. This position is responsible for assessing the political and institutional environment in which decisions are made and crafting recommendations concerning CDFI strategy. The senior advisor also represents the CDFI Fund in meetings with other senior Treasury representatives and within the US interagency.
CDBA member OneUnited Bank seeks a legal associate to work with senior counsel and business units on legal issues regarding customers, employment and policies and procedures. The legal associate conducts legal research and analysis, ensures compliance, prepares agreements, documents and pleadings relating to litigation and non-litigation matters. This position is also responsible for contract management, banking regulations and OneUnited Bank policies procedures.
CDBA member Native American Bank seeks a loan operations specialist responsible for processing all commercial, agricultural, consumer and construction loan requests, modifications, extensions and renewals. This position books new loans, processes payments and coordinates loan closing while ensuring all necessary documents have been collected and reviewed.
CDFI loan fund Nonprofit Finance Fund (NFF) is seeking a full-time director of underwriting to join its financial services team. The director of underwriting plays a central role in the growth and expansion of NFF’s financing business. This position will lead a team of underwriters while managing due diligence and underwriting processes for all financial products including loans, NMTC and Pay for Success financing.
CDBA Member Urban Partnership Bank seeks to fill several open positions.
Portfolio Analyst
The portfolio analyst is responsible for the ongoing monitoring of a portfolio of loan accounts. This position is expected to give periodic presentations to management, including reporting on financial statement analysis, compliance with loan covenants and assessments of credit risk in the portfolio.
Business Banker
The business banker is responsible for generating new loan volume, underwriting, closing and servicing a business banking loan portfolio. Bankers are ultimately responsible for achieving and maintaining a deep understanding of the client, the client’s business, the client’s reputation and their future needs.
Loan Analyst
The loan analyst is responsible for the foreclosure and loan closing functions for an assigned portfolio of accounts within the special assets division. This role oversees all parts of the loan closing process and works with outside vendors and counsel to ensure special assets files are acted upon properly. The loan analyst also assists with due diligence and loan servicing.