Community Development Lending Director
2 days ago
Transforming Banking for a Better Future
Fifth Third Bank is seeking a seasoned Community Development Lending Director I to join our team. As a key member of our Community Development team, you will be responsible for originating Community Development Loans (CDLs) primarily for Low Income Housing Tax Credit (LIHTC) affordable housing developments across our footprint.
Key Responsibilities:
- Develop and maintain strong relationships with Low Income Housing Tax Credit (LIHTC) Developers/Sponsors of Affordable Housing.
- Originate and structure complex Community Development transactions, including Low Income Housing Tax Credit (LIHTC) and New Markets Tax Credits (NMTC).
- Monitor and manage the quality of an existing portfolio of affordable housing loans within an assigned geographic area.
- Identify and pursue new business opportunities, leveraging your expertise in Community Development lending and sales management.
- Collaborate with peers and senior leaders to drive business growth and achieve assigned CD Lending goals.
Requirements:
- Undergraduate degree required, graduate degree preferred.
- 5+ years of experience in Banking, Finance, or a related field, with 2+ years of Community Development Real Estate Lending experience and sales management preferred.
- Formalized commercial credit training or equivalent credit experience required.
- Excellent interpersonal, written, and verbal communications, negotiation, and analytical skills.
- Demonstrated sales and negotiation experience.
- Ability to handle and prioritize multiple tasks.
- Strong credit training required and underwriting skills preferred.
About Fifth Third Bank:
Fifth Third Bank is committed to promoting and ensuring equal employment opportunity in all employment decisions, regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status, or any other legally protected status.
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