Senior Loan Officer

This is a fully remote position, open to applicants in United States.

📋 Description

• Foster trusted relationships with both current and prospective member-borrowers of the Housing Partnership Network.

• Create and implement outreach strategies while monitoring activities in Salesforce.

• Enhance existing partnerships and broaden HPN’s lending footprint.

• Represent HPN at member conferences, Strength Matters, site visits, and various events.

• Manage CRM activities for the team and collaborate with outreach professionals.

• Perform initial underwriting for commercial real estate transactions related to affordable housing.

• Advise on transaction terms and credit structures to the Director of Lending.

• Conduct financial analysis, due diligence, feasibility evaluations, and early risk assessments for borrowers/projects.

• Prepare and finalize term sheets.

• Identify deal structures that optimize financial returns and enhance mission impact.

• Provide clients with formal checklists for underwriting preparation.

• Facilitate transitions to underwriters following the term-sheet phase.

• Assist in updating loan policies and enhancing credit memorandum templates.

• Deliver lending updates for the website, marketing materials, and communications.

• Aid in portfolio management and workout issues alongside Asset Management.

• Support investor applications and conduct member surveys.

⛳️ Requirements

• Bachelor’s degree in a pertinent field such as business, finance, real estate, urban planning, or business development is required.

• Two to eight years of experience in commercial real estate lending with a focus on affordable housing.

• Background in roles such as business development officer, credit underwriter, or loan officer.

• Experience ideally with a CDFI or a similar organization.

• Ability to maintain borrower relationships with a customer-focused approach.

• Established lending record, demonstrating achievement of production goals and disciplined application of sales tools.

• Proficient in credit analysis and preparing term sheets for underwriting purposes.

• Strong capabilities in sales and business development.

• Excellent financial analysis skills, particularly in assessing nonprofit developers and the feasibility of real estate development.

• Familiarity with public and private capital sources that support affordable housing initiatives.

• Competence in Microsoft Word and Excel.

• Solid working knowledge of Salesforce.

• Dedication to social justice and alignment with HPN’s mission.

• Highly organized, self-motivated, collaborative, adaptable, and proactive.

🏝️ Benefits

• 15 vacation days.

• 12 sick days.

• 12 paid holidays.

• One personal day.

• Medical, dental, and vision insurance.

• Health savings account.

• Flexible spending accounts.

• Dependent care flexible spending.

• Retirement plan with 401(k) match.

• Group life insurance.

• Short- and long-term disability coverage.

• Parental leave.

• Sabbatical leave.

• Support for professional development.

• Potential for bonuses.

• Option for remote work from anywhere in the contiguous 48 states.

• Approximately 20% travel and opportunities for in-person meetings.