Senior Loan Officer

Low Income Investment Fund; San Francisco (CA); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Low Income Investment Fund (LIIF) seeks a Senior Loan Officer to originate, underwrite, and close real estate-backed loans and NMTC source/leveraged loans for charter schools, early childhood centers, and health clinics in under-resourced communities.

You will drive LIIF’s community facilities strategy, collaborate with credit, legal, and asset management teams, and help grow a mission-aligned lending pipeline. A 2-day onsite/hybrid schedule is expected.

Qualifications

• Bachelor’s degree in finance, real estate, business, urban planning, or related field.
• 5–7 years of lending, community development finance, or CDFI operations experience.
• Proven expertise in loan origination, underwriting, deal structuring, and risk mitigation.
• Strong experience with charter school, early childcare & education, health facility, or community facility financing.
• Advanced financial analysis skills in nonprofit and real estate financials.
• Knowledge of NMTCs and public subsidy layering.
• Familiarity with funding sources for community development.
• Excellent interpersonal, oral, and written communication skills.
• Track record of building relationships with borrowers, partners, and public agencies.
• Mentorship of junior staff.

Responsibilities

• Source, structure, and underwrite complex community facility loan transactions.
• Analyze borrower financial statements, project feasibility, and collateral value.
• Navigate regulatory, legal, and financial considerations to mitigate risk.
• Collaborate with internal credit officers and legal counsel to manage due diligence and ensure timely closings.
• Build and maintain relationships with borrowers, sponsors, and referral sources.
• Participate in outreach to grow the organization’s lending pipeline.
• Deploy credit enhancement and bond programs for eligible projects.
• Coordinate term sheets, closings, and reporting with internal teams.
• Provide mentorship and cross-functional support.

Skills

Interpersonal communication

Oral and written communication

Strategic planning

Time management

Organizational skills

Cross-functional collaboration

Mentoring junior staff

Education

Bachelor’s degree in finance, real estate, business, urban planning

Tools

Microsoft Office Suite

CRM/database systems

Job description

REPORTING RELATIONSHIPS

This position reports to the Director, National Community Facilities Lending (DNCFL).

JOB SUMMARY

The Senior Loan Officer is a seasoned lending professional responsible for originating, underwriting, and closing real estate-backed loans and New Market Tax Credits source/leveraged loans for community facilities such as charter schools, early childhood education centers, and health clinics. This position plays a crucial role in deploying capital that improves the quality of life in under-resourced communities. The Senior Loan Officer helps drive the implementation of LIIF’s community facilities strategy and contributes to achieving annual lending production goals, while supporting internal collaboration and cross-team alignment.

KEY RESPONSIBILITIES

Loan Origination and Underwriting

• Source, structure, and underwrite complex community facility loan transactions.


• Analyze borrower financial statements, project feasibility, and collateral value.


• Navigate regulatory, legal, and financial considerations to mitigate risk.


• Collaborate with internal credit officers and legal counsel to manage due diligence and ensure timely closings.

Business Development and Relationship Management

• Build and maintain relationships with key borrowers, sponsors, and referral sources.


• Participate in joint outreach with Communications, the DNCFL, and the Vice President & Market Director to grow organization presence.


• Contribute to the development of a qualified, mission-aligned lending pipeline.


• Partner with internal departments, including Asset Management, Loan Administration, and Finance, to maintain portfolio quality (timely payments, financial reporting, data collection, etc.).

Program Implementation

• Deploy LIIF’s Department of Education Credit Enhancement Awards to eligible charter schools.


• Support deployment of LIIF’s Bond Guarantee Program Awards to eligible projects.


• Monitor utilization milestones to ensure full drawdown of funds within timelines.


• Work closely with internal teams (e.g., Underwriting, Asset Management, Legal) to coordinate term sheets, closings, and reporting.

Product Development and Innovation

• Collaborate with Director and Lending Leadership to test and refine new loan products.


• Offer feedback from borrower experience and market trends to improve product-market fit.

Industry and Policy Engagement

• Monitor shifts in community development finance, e.g., NMTC policy, healthcare trends, charter school funding.


• Represent LIIF at sector events and participate in knowledge-sharing networks.


• Share on-the-ground insights to inform organizational strategy and policy engagement.

Other Duties as Assigned

• Provide mentorship or onboarding support for junior staff.


• Participate in cross-functional projects, annual strategic planning, and organizational meetings.

QUALIFICATIONS

• Bachelor’s degree in finance, real estate, business, urban planning, or related field.


• 5–7 years of experience in lending, community development finance, or CDFI operations.


• Proven expertise in loan origination, underwriting, deal structuring, and risk mitigation.


• Strong experience with charter school, early childcare & education, health facility, or community facility financing.


• Advanced financial analysis skills, particularly in nonprofit and real estate financials.


• Deep knowledge of CDFI industry standards, NMTCs, and public subsidy layering.


• Familiarity with federal, state, and local funding sources for community development.


• Strong strategic planning, time-management, and organizational skills.


• Excellent interpersonal, oral, and written communication skills.


• Track record of building and maintaining relationships with borrowers, partners, and public agencies.


• Demonstrated success in cross-functional collaboration and mentoring junior staff.


• Proficiency with Microsoft Office Suite and financial or CRM database systems.


• Self‑motivated, mission‑aligned, and committed to equity in underserved communities

LIIF offers a hybrid work environment with flexibility to balance in‑office and remote work. However, all employees are expected to work on‑site at least two (2) days per week. The successful candidate may be expected to travel occasionally for meetings, trainings, conferences, or other Company sponsored events.

All Low Income Investment Fund (LIIF) employees must be fully vaccinated against COVID‑19. In accordance with LIIF’s policies, we provide reasonable accommodations, absent undue hardship, to qualified individuals who cannot get vaccinated against COVID‑19 because of sincerely held religious or medical reasons. If you believe you need an accommodation from the vaccination mandate required by this policy, please notify our Human Resources Department.

EEO STATEMENT

LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse backgrounds and with diverse experience are strongly encouraged to apply for this position.