Lending/Loan Operations

Opportunity Finance Network; Miami (FL); Hybrid; USD 88,000 - 132,000; Full time

Benefits offered by this job

Hybrid work schedule

Competitive compensation package

Flexible benefits package

Medical Insurance

Dental, vision, disability and other保险

403(b) retirement plan

Generous PTO

Job summary

Florida Community Loan Fund (FCLF) seeks a Community Development Loan Officer to build lending presence in the Miami/South Florida market. You will develop borrower relationships, identify financing opportunities, and structure complex community development financing for affordable housing and local facilities.

You will underwrite, close, and manage loans, working with NMTC programs and specialized financing while maintaining portfolio quality and risk management.

Qualifications

• Minimum 5 years of experience in real estate lending.
• Bachelor's degree preferred; equivalent professional experience may be considered.
• Experience with CDFI lending or mission-driven community development lending a definite plus.

Responsibilities

• Develop and maintain a strong pipeline of community development lending opportunities by building relationships with nonprofit organizations, affordable housing developers, community leaders, funders, referral sources, and prospective borrowers.
• Identify and evaluate prospective projects in alignment with FCLF’s mission, lending criteria, credit standards, and NMTC program.
• Underwrite and structure commercial and community development loans, including review of borrower financials, budgets, pro formas, appraisals, site conditions, and due diligence.
• Prepare credit memoranda and present loan recommendations for review and approval.
• Monitor loan portfolio performance, identify credit risks, and manage delinquencies and servicing concerns.
• Maintain borrower relationships and coordinate extensions, modifications, or restructurings as needed.
• Partner with technical assistance providers to deliver training to potential borrowers.
• Contribute to Lending Committee and internal reporting on loan pipeline and matters.
• Represent FCLF in community and stakeholder forums and keep abreast of funding sources.

Skills

Real estate lending

Financial analysis

Relationship management

Travel

Independent work

Education

Bachelor's degree in finance or related field

Job description

At Florida Community Loan Fund (FCLF), we believe in more than just a job – we believe in purpose. We are a statewide nonprofit Community Development Financial Institution (CDFI) and Community Development Entity (CDE) focused on financing affordable housing and community facilities that deliver essential services in Florida’s most underserved areas. As a nonprofit lending institution, FCLF provides capital and expertise to make projects successful and help organizations improve lives and low-income communities throughout Florida. Established in 1994, FCLF operates statewide from a network of offices in Orlando, Tampa, and Fort Lauderdale, with a staff of 19.

FCLF financing has helped more than 225 organizations bring their projects to life, providing housing and essential
community services to over 3 million Floridians. Since its inception, FCLF has completed more than 534 lending
transactions with total financing of $913.6 million, supporting projects with a combined value of over $2.56 billion. Today, FCLF has a growing loan portfolio currently exceeding $160 Million and an annual operating budget of $14.7 million. FCLF has closed 45 New Markets Tax Credit (NMTC) projects, deploying $586 million in NMTC tax credit allocation.

Join our mission-driven team and become part of something bigger.

Summary

The Community Development Loan Officer builds FCLF lending presence in the Miami/South Florida market by developing and maintaining borrower relationships, identifying financing opportunities, and building a strong pipeline of mission‑aligned projects. The position sources, evaluates, and structures complex community development financing for organizations developing affordable housing, community facilities, and other projects that expand access to essential services and opportunities for people and places outside the economic mainstream. The Loan Officer works closely with borrowers to advance projects, address emerging challenges, and identify practical financing solutions. The role maintains relationships throughout the life of the loan, including additional financing, modifications, and workouts as appropriate. The position balances loan production, portfolio quality, and risk management; identifies opportunities for specialized financing, including New Markets Tax Credits; and represents FCLF as a trusted community development partner throughout the region.

Responsibilities

• Develop and maintain a strong pipeline of community development lending opportunities by building relationships with nonprofit organizations, affordable housing developers, community leaders, funders, referral sources, and prospective borrowers throughout the assigned market.
• Identify and evaluate prospective projects in alignment with FCLF’s mission, lending criteria, credit standards, and applicable specialized programs, including New Markets Tax Credits (NMTC).
• Underwrite and structure commercial and community development loans, including review of borrower financial information, project budgets sources and uses, pro formas, appraisals, site conditions and other due diligence necessary to assess creditworthiness and transaction feasibility.
• Prepare credit memoranda and supporting documentation and present loan recommendations for review and approval by the appropriate FCLF approval authority.
• Monitor assigned loan portfolio performance, identifying emerging credit risks and coordinating resolution of delinquencies, covenant deficiencies, insurance lapses, or collateral issues; monitor tax obligations, and manage upcoming maturities and other servicing concerns.
• Maintain active borrower relationships, identify emerging needs or challenges, and work with lending leadership and portfolio administration on extensions, modifications, restructurings, technical assistance or other appropriate solutions.
• Partner with technical assistance providers to deliver training services to prepare potential borrowers for the borrowing process.
• Contribute to Lending Committee and internal reporting related to loan pipeline, pending applications, credit recommendations, and borrower or transaction matters.
• Represent FCLF in community, industry, and stakeholder forums and maintain current knowledge of public and private funding sources and development in community and economic development finance.

Requirements

• Must reside in Miami-Dade or Broward County, Florida by the start of employment and must be available to work regularly in person in the Miami market.
• Minimum 5 years of experience in the real estate lending field with a strong preference for commercial real estate lending.
• Bachelor’s degree in finance, business, real estate, community development, or related field preferred; equivalent professional experience may be considered.
• Experience with CDFI lending nonprofit finance or mission-driven community development lending a definite plus.
• Highly motivated self-starter with demonstrated initiative, resourcefulness, and the ability to work independently, create opportunities, and drive results with minimal supervision.
• Strong financial analysis skills.
• Ability to develop and manage relationships with borrowers, developers, nonprofits, funders, community partners, and referral sources.
• Ability to manage multiple projects and deadlines, work independently and collaboratively, and travel domestically as needed.
• Passion for community development and social impact.

Compensation and Benefits

Salary range: $88,125 – $132,187
As a mission-driven organization, FCLF strives to balance competitive compensation with our commitment to impact. Most employee salaries fall between the range minimum and midpoint. Final salary placement will be based on job-related skills, experience, and expertise assessed during the interview process.

Why You’ll Love Working Here
Purposeful Work – Every day, you’ll help create opportunities and improve lives.
Growth & Flexibility – We support your personal well-being and professional development.
Hybrid Work Schedule – Enjoy flexibility in your work environment while maintaining an active, in-person presence in the Miami community to build relationships, meet with borrowers and partners, and represent FCLF.
Welcoming Environment – We foster a culture where every voice is valued.
Comprehensive Compensation and Benefits –

• Competitive compensation package
• Flexible Benefits Package – A generous employer-funded allowance that gives employees the flexibility to choose how their benefits dollars are used, including retirement savings.
• Medical Insurance – Florida Blue health insurance plans with Health Savings Account (HAS) eligibility.
• Dental, vision, long-term disability, and a wide range of supplemental insurance options.
• 100% employer-paid life insurance, short-term disability, enhanced Teladoc healthcare services, and Employee Assistance Program (EAP).
• 403(b) retirement plan with employer contributions
• Generous paid time off (PTO)

Florida Community Loan Fund, Inc., is an equal opportunity employer.