Impact-Focused Credit Officer, Community Development Finance

Internship Opportunities; New York (NY); Sur place; USD 89 000 - 111 000; Plein temps

Avantages offerts par ce poste

Medical, Dental, Vision Coverage

Disability Insurance

Retirement Savings (401k/403b)

Generous Holidays

Vacation, PTO, and Sick Days

Tuition Assistance

Referral Program

Professional Development Opportunities

Résumé du poste

LISC seeks a Credit Officer to join the Lending Department, overseeing loan pipeline management, coordinating credit reviews, and ensuring data integrity across loan systems. The role supports staff in underwriting and approvals for a range of community and economic development products.

You will collaborate with Lending, Finance and Legal teams, assist with amendments, prepare approval letters, and help maintain underwriting guidelines and training for staff.

Qualifications

• Bachelor's degree from an accredited college or university.
• Minimum three (3) years of credit analysis experience.
• Demonstrated interest in a career in community development finance.
• Strong financial analysis skills, including ability to analyze financial statements, project development budgets, and project operating pro formas.
• Familiarity with government subsidies and tax credit programs supporting affordable housing.
• Strong written skills and attention to detail.
• Excellent interpersonal skills and ability to work effectively across the LISC network of local and national programs and affiliates.

Responsabilités

• Manage weekly Credit Committee materials and meetings.
• Coordinate and manage the review of loans and amendments approved by the Chief Credit Officer.
• Support the review and approval of all loan requests from intake through closing, working closely with Lending, Finance, and Legal staff.
• Conduct internal outreach on maturing loans, circulate status updates, and coordinate the review and approval of all amendment requests.
• Review final drafts of credit memos and ensure that underwriting requirements have been satisfied and all requested information and analysis has been incorporated in the memos
• Prepare loan approval notification letters after loans have been approved at Credit Committee or by the Chief Credit Officer
• Ensure the completeness, accuracy and integrity of data entered in Salesforce and other loan systems and that all required approvals for new loans and amendments have been recorded.
• Under the supervision of the Senior Credit Officer, review and analyze requests for recoverable grant financing. Collaborate with responsible stakeholders to ensure alignment with organizational priorities and impact goals.
• Perform analysis on loan commitments and performance for ad hoc reports to senior management, including periodic reporting to ensure data integrity for LISC's impact metrics
• Manage and update all credit policies and procedures including an underwriting manual.
• Serve as a back-up to the Loan Support Specialist with regards to loan intake management and pipeline analysis.

Connaissances

Financial analysis

Credit analysis

Attention to detail

Interpersonal skills

Organizational skills

Formation

Bachelor's degree

Outils

Salesforce

Loan systems

Description du poste

LISC seeks a Credit Officer to join the Lending Department, overseeing loan pipeline management, coordinating credit reviews, and ensuring data integrity across loan systems. The role supports staff in underwriting and approvals for a range of community and economic development products.

You will collaborate with Lending, Finance and Legal teams, assist with amendments, prepare approval letters, and help maintain underwriting guidelines and training for staff.