Commercial Lending Program Director

Catapult, North Carolina; North Carolina; Remote; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Commercial Lending Program Director to spearhead clean energy initiatives in the Carolinas. This remote role offers the chance to design innovative loan products and collaborate with community lenders to promote sustainable financing solutions. With a focus on enhancing climate resilience and equity, you'll lead efforts to support underserved communities while driving the growth of clean energy commercial lending. Join a mission-driven team that values your contributions and offers a flexible work environment, comprehensive benefits, and the opportunity to make a lasting impact in the community.

Benefits

Healthcare benefits - Medical, Vision, Dental

Life & Disability Insurance

Simple IRA matching

Flexible paid time off

Paid company holidays

Parental Leave

Qualifications

• 10 years' experience in lending with 5-7 years in commercial lending.
• Strong financial analysis skills and familiarity with loan management systems.

Responsibilities

• Design loan products and credit enhancements for clean energy lending.
• Build relationships with partner lenders and prospective borrowers.
• Evaluate and manage commercial loans by analyzing financial data.

Skills

Financial Analysis

Sales and Business Development

Compliance Awareness

Microsoft Office Suite

Education

Bachelor's Degree in Business or Finance

Master's Degree in related field

Tools

Loan Management Systems

Job description

This is a remote-based role in either North Carolina or South Carolina with occasional travel expectations of up to 30%.

The North Carolina Clean Energy Fund (NCCEF) is seeking a Commercial Lending Program Director to join its growing team of mission-focused clean energy and financial professionals. NCCEF is a nonprofit financial institution with a mission to accelerate investment in clean and efficient energy solutions and increase climate resilience in North Carolina, particularly to promote climate and economic equity. We partner with public and private investors, foundations, and other non-profit and community organizations to deploy sustainable financing solutions that will create long-lasting environmental, economic, and social benefits and fill gaps in the financial market, especially for traditionally underserved communities.

The Commercial Lending Program Director will lead the design of clean energy loan products and credit enhancements to catalyze clean energy commercial lending in the Carolinas, including the development of commercial programs under Solar for All. This will consist of a standard offer for small deals and credit policies for more complex deals including tax credit bridge loans, and sectors including multifamily affordable housing, solar leasing providers, nonprofit community facilities, small commercial/industrial businesses, and congregations. The Program Director will develop collaborations with community lenders in North and South Carolina, and explore co-lending opportunities with private sector capital providers. Following the initial design and development phase, they will establish the organization's complete commercial lending process (i.e.. develop relationships with new clients, provide technical assistance to prospective borrowers, structure deals, guide deals through underwriting to loan closing). They will refine the business plan for commercial lending across multiple sectors, with the goal of generating volume that will support hiring loan officers. They will report directly to the Co-Directors of NCCEF, as well as working extensively with other NCCEF Program leads.

Key Responsibilities:

• In collaboration with Co-Directors, design loan products and credit enhancement to catalyze clean energy commercial lending.
• Under the NC Solar for All program, work with prospective borrowers to structure and underwrite loans to project developers in multifamily affordable housing and to rooftop solar lessors.
• Establish and document standard commercial credit offerings to ensure that NCCEF program managers, prospective borrowers, and other stakeholders can easily identify the types of deals that these products can support.
• Build strong relationships with partner lenders, including Community Development Finance Institutions, credit unions, and banks, to grow the ecosystem of clean energy commercial lending in the Carolinas.
• Build strong relationships among prospective commercial borrowers, including solar developers, nonprofit building owners, small business, and government entities.
• Evaluate and manage commercial loans by analyzing financial data of potential borrowers.
• Ensure compliance with standard lending policies, negotiate terms for more complex deals.
• Present complex deals to NCCEF Credit Committee.
• Provide technical assistance to potential borrowers on financing aspects of their clean energy projects.
• Manage loan closing process, including necessary documentation.
• Monitor loan portfolios, track loan performance, and address any potential issues with borrowers experiencing financial difficulties.

Qualifications:

Education:

• A minimum Bachelor's degree in Business, Finance, Environmental Science, Sustainable Technology or related field. A master's degree is strongly preferred.

Experience:

• 10 years' experience in lending with a minimum of 5 - 7 years' experience in commercial lending.
• Minimum of 3 years management experience.
• Familiarity with loan management systems.
• Some underwriting experience is necessary.

Skills:

• Strong financial analysis skills.
• Compliance awareness and understanding of the local business landscape.
• Sales and business development.
• Proficient in Microsoft Office Suite (Excel, Outlook, PowerPoint, and Word).

Interested candidates should submit their resume and a letter of interest when applying.

Why Work with Us?

At NCCEF we care deeply about the work we do and the lasting impact it will have in North Carolina and beyond. We also recognize that the people doing this work are just as valuable. This is why NCCEF has created a culture that values our employees' health and financial well-being and their lives in and outside of work. In addition to a remote, flexible workplace we also offer the following benefits:

• Healthcare benefits - Medical, Vision, Dental (NCCEF covers 75% of individual medical premiums)
• Life & Disability Insurance
• Simple IRA matching
• Flexible paid time off & paid company holidays
• Parental Leave

NCCEF is proud to be an Equal Opportunity Employer: We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. NCCEF believes that diversity and inclusion among our teammates is critical to our success, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.