Boston Commercial Banker
4 weeks ago
Amalgamated Bank seeks a Boston-based Commercial Banker to further its vision of economic, social, racial, and environmental justice through commercial lending.
This role will focus on expanding mission-driven lending to values-aligned institutions in the New England region, including community impact and social advocacy organizations, CDFIs, nonprofits, foundations, unions, and progressive for-profit companies.
The ideal candidate will identify and develop new lending opportunities with values-aligned clients, including community impact and social advocacy groups, non-profits, foundations, sustainability organizations, CDFIs, unions, and for-profit social impact enterprises.
- Meet with client prospects, attend trade/networking functions, and industry events to expand the Bank's C&I lending portfolio with values-aligned clients in the New England region.
- Actively identify opportunities to cross-sell other Bank products and services to clients and prospects, including treasury management, deposit, and investment services.
- Work closely with the Bank's National Director of Community Development Finance to ensure the region's community needs are being addressed and aligned with the Bank's community development finance national strategy.
Key responsibilities include:
- Working with the credit risk and underwriting teams to develop and structure new loans that demonstrate strong credit and risk management.
- Acting as the primary point of contact for internal credit presentations and loan reviews.
- Working with legal counsel and underwriting teams to facilitate documentation of credit facilities.
The successful candidate will have:
- Proven lender experience with community finance origination and/or nonprofit lending.
- Built and maintained a portfolio of community-based impact assets with a focus on affordable housing, economic development, and racial and climate justice impact lending.
- Experience with all aspects of the credit process, including credit policy construction, underwriting, and portfolio management.
- Community engagement through leadership positions with mission-consistent advocacy and non-profit organizations.
- Understanding of the unique needs and characteristics of the non-profit, community development, and CDFI sectors.
- Successful track record in relationship management, coalition building, and partnership execution.
- Bachelor's degree or equivalent experience.
Amalgamated Bank is an Equal Opportunity and Affirmative Action Employer, Minorities / Females / Individuals with Disability / Veterans. AmeriCorps, Peace Corps, and other national service alumni are encouraged to apply.
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