Manager Commercial Loan Officer

Job Description:

WHO We Are:

Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we're committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high quality schools to grocery stores selling fresh foods resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth.

Since our founding, we've constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies.

We are seeking a Manager, Commercial Loan Officer to join our team!

The Manager, Commercial Loan Officer will primarily be responsible for providing hands-on training to less-experienced loan officers by originating and closing commercial loans including assessing an applicant, financial analysis, industry and market research, management capacity, and collateral, among other factors, to complete a loan transmittal for underwriting. The Manager-LO is also responsible for training less-experienced loan officers in loan disbursements and construction monitoring, as well as ongoing support of portfolio borrowers.

The Manager-LO is responsible for training less-experience loan officers in the origination of and portfolio support for loans of varying sizes and complexities and for ensuring that all loans conform to Self-Help's underwriting policies. Critical to this role is the understanding of the value of teamwork and customer relationships as the LO will have direct contact with both internal and external customers and will work closely with business development officers / sector leaders, closers, and underwriters to perform the principal duties and responsibilities of this role.

In addition, the Manager-LO is responsible for the direct supervision of several loan officers of various levels.

WHAT You'll DO:

ANALYSIS AND SYNTHESIS

Independently, expertly and efficiently conducts comprehensive industry, financial, and risk assessment analysis.

• Quickly and independently identifies key credit issues and consistently makes sound credit recommendations.

• Structures loan transactions in compliance with internal credit and program requirements with greater independence.

• Independently navigates loan structuring topics, such as third-party guarantees, tax credits, or multiple sources in a capital stack.

• Demonstrates critical reading skills and accurate synthesis of information from third-party reports on environmental, market and collateral topics.

• Independently and efficiently prepares the full credit memo, which is reviewed by UW, and oral presentation of loan request, clearly and concisely communicating credit drivers.

• Independently, prepares and negotiates loan proposals with borrowers and external partners

PROJECT AND PRIORITY MANAGEMENT

• Drives all processes with teams involved in loan underwriting, approval, closing, and postclosing. Anticipates needs of loan teammates.

• Successfully manages several (~4-6) active loans (~2 in origination, ~2 in disbursement, ~2 in portfolio needing attention) at one time with much of loan work in collaboration with or providing training to LO1s and LO2s.

• Consistently establishes reasonable deadlines and follows through to meet them; communicates promptly and proactively to teammates. Manages many competing priorities.

• Expertly manages large portfolio of closed loans, including construction disbursements, modifications, servicing, and other portfolio needs.

• Understands and consistently manages to the timing and needs of valuation, environmental, construction, legal, and servicing processes and teammates.

• Successfully influences processes and outcomes over which don't have control

RELATIONSHIP BUILDING AND CUSTOMER SERVICE

• Shows strong team player skills and demonstrated ability to consistently work effectively in a cooperative and diverse environment

• Provides excellent internal and external…