Community Development Banking News
CDFI Banking: Industry, Policy, and Beyond.
Nonprofit impact investing database platform ImpactBase seeks a manager. The manager will guide the platform’s data acquisition efforts, technology platform and strategy development while also representing ImpactBase externally. The incumbent is the key figure responsible for the strategic direction and development of ImpactBase, overseeing the growth of the platform’s funds, investment vehicles and subscriber list.
CDBA Member Native American Bank seeks a credit analyst with experience assessing credit risk associated with the bank’s current and prospective loans. The incumbent will use economic conditions, industry characteristics, financial ratio analysis, collateral analysis, loan covenant considerations and other factors to analyze credit risks and underwrite loans.
CDFI loan fund Enterprise Community Loan Fund seeks a senior loan officer responsible for lending and portfolio responsibilities throughout Enterprise’s national footprint. The senior loan officer is responsible for underwriting community development loan requests with a particular emphasis on affordable housing and community facilities. The loan officer is also responsible for managing a portfolio of loans and maintaining relationships with partner organizations.
CDBA member Illinois Service Federal Savings and Loan Association has several open positions:
Controller
The controller directs the bank's auditing, recordkeeping and account activities. This position makes recommendations relating to budget preparation, profit forecasts and operational changes. The controller also monitors implementation of departmental audit activities, approves final audit reports and makes recommendations to improve financial institution cost control functions.
Chief Lending Officer
The chief lending officer provides leadership to the financial institution team on all credit decisions, with a focus on residential mortgages and non-owner occupied mortgage lending. The incumbent will also supervise staff, make credit and lending decisions and perform credit monitoring of all loans. This role serves as the principal expert on all issues associated with lending strategies, credit risk management and commercial or real estate lending.
CDBA member City First Bank of D.C. seeks a Chief Lending Officer to strategically lead the lending team in developing new loans and deposits. Responsibilities include underwriting and structuring new loans and managing existing loan and deposit relationships. The successful candidate will strengthen and expand existing customer relationships and increase the bank’s outstandings and profitability.
CDBA Member City First Bank of D.C. has several open positions.
Director, Impact & Strategic Partnerships
The director of impact and strategic partnerships will expand City First’s capacity to measure and enhance the positive social, economic and environmental impact of its investments, deposits and lending efforts. This position is responsible for building the stature and reputation of City First in the depositor, community development and investor communities.
Relationship Manager – Commercial
The commercial relationship manager is responsible for soliciting new business and managing customer relationships of the bank’s small business and not-for-profit customers and prospects. The relationship manager will develop business geared toward growth in new customer relationships and expanding customer relationships.
CDFI Loan Fund Nonprofit Finance Fund seeks a chief credit officer to oversee the credit function and risk management of its portfolios. Primary responsibilities include directing credit policies, financial products and portfolios to ensure compliance. The chief credit officer also manages a team of professionals who conduct the day-to-day work of due diligence, underwriting, negotiation and closing transactions.
Nonprofit Catholic investment fund Mercy Partnership Fund seeks a director. The director is responsible for the management of the fund, including identifying borrowers, structuring, closing investments, establishing effective relationships with multiple stakeholders and assisting Mercy Investment Services deploy its social impact capital in innovative ways that address the mission of the Sisters of Mercy.
CDBA member Bank2 seeks a mortgage account executive responsible for outreach to current and prospective correspondent clients. This role is responsible for training correspondent clients, monitoring their sales and recertifying them annually. The mortgage account executive also acts as a primary contact for bank customers.
CDBA member Carver Federal Savings Bank has several open positions.
Check Cashing Product Sales Manager
The product sales manager is responsible for leadership and day-to-day management of Carver Community Cash, a product line which provides financial services to consumers who are cash-based transactors. Carver Community Cash includes check cashing, bill payment, money transfer, money orders, and reloadable debit cards.
Director of Operations, 1st VP
The senior operations manager has direct oversight for branch and loan operations, leading the design, implementation and improvement of vendor management, facilities management and project management for core operating systems. This role also re-engineers processes and work flows, documents procedures and ensures compliance with regulatory requirements.