Community Lending Associate
$65,000–$85,000 year
HybridBaltimore, Maryland, United States
Job Summary
Support community development lending efforts by working with prospective borrowers to identify opportunities, collect information, and participate in calls and site visits. Evaluate potential borrowers for mission alignment and financial feasibility, then move proposals through closing by performing diligence, drafting credit memos, and presenting loan recommendations to the Investment Committee. Assist with pipeline tracking, record maintenance, construction project monitoring, and impact data collection and reporting. Manage the impact database, prepare impact assessments, and support operational tasks including procurement, communications, and board materials. This role requires strong organizational skills and communication abilities to engage with borrowers, board members, and colleagues.
Required Qualifications
- Strong interest and/or experience in affordable housing, community development finance, lending and investment, banking, or another relevant field.
- Commitment to social justice consistent with the mission and goals of NIIF.
- A self-directed, hands-on, highly resourceful individual and flexible team player.
- Familiarity with general accounting principles, including the ability to read a balance sheet and income statement.
- Highly proficient in MS Office applications including Excel, PowerPoint, and Word.
- Exceptional interpersonal, verbal, and written communication skills.
- Two (2) years professional experience in an office environment.
Desired Qualifications
- Coursework and/or a degree in a relevant subject (e.g., real estate, accounting, business, urban planning, or public policy).
- Familiarity with basic underwriting or credit analysis concepts.
- Experience managing datasets and/or analyzing and displaying quantitative information. (Current tool is Airtable.)
- Experience and knowledge of city, state, and federal housing programs, as well as market participants including Community Development Financial Institutions.
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