Loan Officer, Northeast Region

Key Responsibilities

• Identify and pursue new lending opportunities in collaboration with the regional team.
• Maintain strong, consultative relationships with current and potential borrowers, developers, and lending partners.
• Represent the organization at industry events and meetings with public officials, clients, and community groups.
• Monitor local, regional, and national trends impacting affordable housing and real estate finance.
• Contribute to new product development through market research and credit risk evaluation.
• Evaluate borrower applications through in-depth financial and organizational analysis.
• Structure loans to meet borrower’s needs while aligning with internal credit guidelines and risk tolerance.
• Conduct thorough due diligence including site visits, market analysis, financial modeling, entitlement and environmental review, and assessment of sponsor capacity and leadership.
• Analyze transactions that may include grants or subsidy layering.
• Collaborate closely with internal stakeholders, including the Underwriter, Market Director, Director, Chief Credit Officer, and Chief Lending Officer—during deal structuring and review.
• Prepare credit memos and present to loan committee and/or other approving bodies for final approval.
• Serve as liaison between borrowers and co-lenders or participants for shared transactions.
• Collaborate as part of a relationship management team for each borrower.

Qualifications

• Bachelor’s degree in finance, real estate, urban planning, public policy, business administration, or a related field.
• Minimum of 5 years of progressively responsible experience in real estate or community development lending.
• Proven experience in loan underwriting, credit analysis, structuring, and closing.
• Strong skills in financial modeling and reviewing financial statements.
• Excellent written and verbal communication, including public speaking.
• Familiarity with public and private sector financing sources, including LIHTC, and other affordable housing tools.
• Ability to work independently and manage competing priorities with limited supervision.
• Experience working with nonprofit developers, community development financial institutions (CDFIs), or public agencies.
• Strong relationship-building skills and an interest in long-term client engagement.

Additional Information

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 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.