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Director of Community Development and Investments

2 months ago


Los Angeles, California, United States Local Initiative Support Corporation Full time
Job Summary

LISC Los Angeles is seeking a seasoned professional to lead our community development and lending efforts. As the Director of Community Development and Investments, you will be responsible for developing and implementing strategies to strengthen communities through effective lending, technical assistance, and project management.

Key Responsibilities
  • Community Development and Lending: Develop and implement strategies to strengthen communities through effective lending, technical assistance, and project management.
  • Team Leadership: Lead a team of underwriters, housing program officers, and business development specialists to build loan pipelines for LISC LA's housing and small business lending programs.
  • Transaction Management: Screen and structure transactions, evaluate credit risk, and manage due diligence as part of the underwriting process.
  • Policy and Advocacy: Collaborate with other senior LISC staff to identify and secure capital resources from within and outside LISC, including philanthropic contributions and public subsidies.
  • Special Projects: Lead other special projects and duties as assigned.
Requirements
  • Education: Bachelor's degree required or commensurate experience. Advanced degree in business, finance, public administration, or related field a plus.
  • Experience: At least five (5) years of community development lending experience, and a demonstrated capacity to structure complex real estate development transactions.
  • Management Experience: Strong management skills and at least two years of management experience.
  • Skills: Highly detailed oriented, ability to produce high-quality work products under deadlines, strong project management skills, high proficiency in Microsoft Excel, MS Office, and financial statement analysis.
  • Communication: Excellent written and verbal communication skills. Strong public speaking skills.
  • Commitment: Commitment to LISC's Housing mission in the County of Los Angeles and across the state of California.
Benefits
  • Salary: Competitive salary of $127,500 - $159,400 commensurate with experience and location.
  • Benefits: Comprehensive health plans, disability insurance, retirement savings, generous holidays, vacation, PTO, and sick days, tuition assistance, referral program, and professional development opportunities.