Community Development Loan Officer

3 weeks ago


Charleston, United States SC Community Loan Fund Full time
Job DescriptionJob DescriptionSalary: Commensurate with Experience

JOB ANNOUNCEMENT  

The South Carolina Community Loan Fund (SCCLF) is seeking a qualified and experienced Community Development Loan Officer (CDLO).


POSITION SUMMARY

The Community Development Loan Officer (CDLO) is responsible for growing SCCLF’s loan portfolio. The role involves meeting annual lending goals while developing a healthy and responsive loan portfolio. The CDLO will support clients through all stages of the application and underwriting process. The CDLO reports to the Chief Lending Officer.


KEY RESPONSIBILITIES

Lending, Technical Assistance

  • Meet assigned annual lending goals and support clients in securing SCCLF loans.
  • Guide clients through the lending process, including deal origination, application assistance, financial analyses, preliminary underwriting, and loan structuring.
  • Prepare documents for loan approval and present proposals to loan committees.
  • Provide technical assistance to clients, including financial health evaluation, financing needs assessment, credit-readiness verification, and project feasibility assessment.
  • Build relationships with banking and community partners to advance SCCLF's mission.

Data Collection & Quality

  • Work with other SCCLF team members to effectively track lending impact against compliance requirements.
  • Ensure accurate data collection and entry into Salesforce.

Community and Business Development

  • Represent SCCLF in public forums, facilitate community outreach efforts, and build referral networks.
  • Promote increased visibility in target market.
  • Support communications team with loan closing announcements and related communications.
  • Develop strong and effective relationships with financial intermediaries and cultivate new borrowers.
  • Perform other duties as assigned.


KEY SKILLS & REQUIREMENTS

  • Strong credit analysis skills with attention to detail.
  • Significant external client contacts and business development skills.
  • Ability to prioritize multiple responsibilities and manage competing priorities.
  • Understanding of community development finance.

 

MINIMUM QUALIFICATIONS

  • Bachelor’s degree or equivalent experience.
  • At least three (3) years of lending and credit experience preferred.
  • Experience in community development preferred.
  • Proficiency with Microsoft Office applications (Excel, Word, SharePoint, Outlook, Teams).
  • Willingness and ability to travel locally.


ELIGIBLE BENEFITS (after 60 Days of Employment)  

  • Health insurance subsidy (full-time employees ONLY)
  • Medical, dental, and vision insurance
  • Life and long-term disability insurance
  • Hybrid work environment
  • Unlimited Paid Time Off (PTO) + 14 paid holidays per year and a weeklong winter holiday
  • $2,000 Professional development stipend
  • Mileage reimbursement for out-of-town travel
  • Cell phone stipend
  • Company contribution of 3% of the annual salary toward a 403(b)-retirement plan (after 90-days)

 

TO APPLY

To apply, please send your resume and cover letter via email to hr@sccommunityloanfund.org with the subject line “Application: Community Development Loan Officer”.  Application Deadline: September 15, 2024 at 5pm EST.

 

The South Carolina Community Loan Fund (SCCLF) is an Equal Employment Opportunity Employer.



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