Commercial Loan Officer

Vibrant Pittsburgh · Erie, PA · 2 wk ago

FinanceFull-time

Job Summary

Bridgeway Capital is seeking a Commercial Loan Officer based in Erie, Pennsylvania to originate commercial loans and affordable housing real estate loans and loans to nonprofit organizations in underserved communities throughout northwestern Pennsylvania.

Job Responsibilities

· Originate commercial real estate and community development loans that meet eligibility specifications and credit standards, while reaching assigned loan volume goals · Calls on real estate developers; networks through industry sources such as professional organizations, title companies, attorneys, accountants, centers of influence, and realtors to develop leads; utilizes strong interpersonal skills to maximize business contacts and develops relationships with current/potential loan customers, management, and staff · Strong knowledge of the real estate development process, funding and financing options for affordable housing and community facility development · Evaluate potential loans, including credit and cash flow analysis, and prepare loan presentations for approval. Work with other Bridgeway team members to underwrite and close loans. · Manage a portfolio of loans, including assisting with credit reviews and exploring new lending opportunities from existing clients · Serves as Bridgeway Capital’s liaison to the region by attending economic development events, meeting with key partners/funders in Erie and surrounding areas, and networking with banking partners and regional businesses · Manages service relationships with appraisers and vendors as required · Other duties as required

Technical Expertise

· Experience in commercial real estate transactions required · Experience with affordable housing finance and non-profit development is a plus · Tax credit financing (NMTC, HTC, LIHTC) a plus · Experience in commercial lending is required · Proficiency in writing skills and verbal communication skills are required · Proficiency in MS Office [Outlook, Excel, and Word] is required

Qualifications

· Education: Bachelor’s degree in finance, business administration, or similar field is required. · Lender should have 3 years of experience in Commercial Lending · Existing professional network of business connections in the northwestern Pennsylvania region · Capacity to work independently and motivation to achieve goals with minimal supervision · Ability to participate productively as part of a team · Commitment to the work of nonprofit organizations and making a positive impact in the community

Compensation

Competitive salary commensurate with experience. Comprehensive benefit package includes health, dental, vision, life and disability insurance, retirement plan and flexible spending accounts

Bridgeway Capital is an Equal Opportunity Employer.

To Apply

Please send cover letter and resume to Shawn Thomas Director of Lending Phone: 412.201.2450 Email: sthomas@bridgewaycapital.org

Job Specifications & Americans with Disability Specifications

The person in this position needs to regularly sit, utilize manual dexterity and repetitive finger motion, speak, hear and see with close vision. Individuals must occasionally lift up to twenty-five pounds, push or pull, reach or stretch, and utilize distance vision, color discrimination, peripheral vision, depth perception, and focusing ability. This position is primarily performed in an office environment with occasional exposure to outdoor weather conditions. Occasional driving throughout western Pennsylvania is required, and candidates are expected to have a valid driver’s license and easy and regular access to a car.

This job description is not all inclusive, and it is not intended to create nor be construed as an express or implied contract of employment. Bridgeway Capital reserves the right to interpret, amend, or terminate any job description, plan, policy, program, procedure, practice, or benefit at any time at its sole discretion

Bridgeway Capital is an Equal Opportunity Employer. Bridgeway is dedicated to building a culturally diverse staff that is committed to working in a multicultural environment. Bridgeway values equality of opportunity, human dignity, and racial/ethnic and cultural diversity. Bridgeway does not discriminate against individuals on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, veteran status, ancestry, or national or ethnic origin in the administration of its employment policies, programs, and activities.