Community Development Banking News
CDFI Banking: Industry, Policy, and Beyond.
CDBA Member Carver Federal Savings Bank seeks an underwriter/credit analyst to underwrite C&I, term loans and commercial mortgages. This position is responsible for reviewing loan packages, interpreting credit quality information and conducting complex credit and financial analyses.
CDBA Member Virginia Community Capital has several open positions.
Senior Real Estate Loan Officer
The senior loan officer is responsible for developing and maintaining strong relationships with borrowers and managing relationships with participants in the broader housing industry. This position acts as the principal account manager for new and existing customers.
Small Business Loan Officer
The small business lender will implement VCC’s lending programs for small businesses. The lender will assess credit needs in the market, recommend products or credit enhancements to respond to the capital needs and be responsible for the sale and closing of the products.
Employment assistance nonprofit REDF seeks a managing director to lead the program team and oversee the growth and development of REDF’s initiatives at the local and national levels. The managing director oversees the program team’s annual action planning process and manages performance.
CDBA member ABC Bank has several open positions.
Vice President of Compliance
(Chicago, Ill.)
The compliance officer is responsible for deposit, lending and BSA compliance. Responsibilities include monitoring new regulatory developments, designing and implementing policies for all business lines, conducting BSA reviews and communicating with auditors. This position is chairperson of the compliance committee and is responsible for preparation and presentation of board compliance reports.
Accounting Manager
(Chicago, Ill.)
The accounting manager is responsible for general ledger posting and reconciliation as well as monitoring and recording investment securities. This position assists the CFO with compliance reporting and preparation of financial statements for the holding company and subsidiary. The accounting manager is also responsible for supervising the preparation of internal bank financial reports and accounts payable and receivable.
CDBA member Albina Community Bank seeks a senior business development officer. This position is responsible for acquiring new customers, developing customer relationships, serving as a portfolio manager and obtaining additional business from existing customers. This individual may cover multiple market areas and is expected to meet sales volumes, profitability goals and standards for business development activity.
CDBA Member City National Bank of New Jersey has several open positions.
Senior Credit/Portfolio Analyst
The senior credit/portfolio analyst assists officers with loan activity, analyzing credit information and preparing loan approval memorandums for Senior Loan Committee and the Board. This position maintains control over credit requirements of new and existing accounts and furnishes information relative to credit inquiries. The analyst is also expected to keep portfolio management informed with credit risk analysis reports.
Market Segment Relationship Owner
The market segment relationship owner manages and develops a portfolio of market segment relationships and ensures retention of total client assets. This position profiles and sells total banking packages to clients and builds banking relationships while referring vetted customers and prospects to the relevant divisions. The market segment owner also performs due diligence review and evaluates loan requests under supervision of the market segment manager.
CDBA member 1st SouthWest Bank seeks a human resources specialist responsible for assisting with daily operations of the HR department and acting as the first point of contact for employees. This position is responsible for processing bi-weekly payroll by reviewing employee time-cards, updating pay changes and ensuring accuracy of payroll prior to sending.
CDBA member Southern Bancorp seeks a loan operations specialist responsible for a range of loan operations duties required to service the bank’s loan portfolio. This position is responsible for the uploading of all loans, extensions and renewals and performing loan maintenance.
Lead Financial Analyst, Portfolio Management and Loan Monitoring
The lead financial analyst is responsible for managing the portfolio and loan monitoring unit's review of financial metrics under the CDFI Bond Guarantee Program. The position supervises the oversight of qualified issuers and borrowers, including monitoring and analyzing the portfolio of loans through a series of reports from CDFIs, market participants and call reports. This position will report to the BG Program Manager.
Lead Financial Analyst, Compliance
The senior financial analyst compliance lead will be responsible for designing, implementing and leading the compliance unit of the CDFI Bond Guarantee Program. The incumbent ensures the program complies with legislative and regulatory requirements, program participants comply with contractual terms and vendors comply with agreements. This position will report to the Bond Guarantee Program Manager.
Financial Analyst, Senior Credit and Risk Management
The senior credit and risk management analyst supports the credit and risk review of proposed bond issues and borrowers under the CDFI Bond Guarantee Program. This position serves in credit underwriting, conducting risk assessments of bond issues and proposed mitigants. The senior credit and risk management analyst will draft reports, recommendations and presentation materials for the credit review board.
CDBA member Southern Bancorp has several open positions.
Compliance Officer
(Various Southern Bank locations, Miss. and Ark.)
The compliance officer monitors programs and functional areas to ensure compliance with the laws, regulations and rules that govern the bank’s operations and product offerings. This position maintains a proficient knowledge of compliance regulations and monitors compliance with policies and procedures. The compliance officer also monitors currency transaction reports and ensures CRA compliance.
Commercial Loan Officer
(Clarksdale, Miss.)
The commercial loan officer manages a variety of commercial loans in compliance with bank loan policy and regulatory requirements. This position also develops new customer relationships and maintains a positive presence in the local community. The commercial loan officer assists commercial loan customers with the loan application process and performs thorough underwriting, preparing detailed and organized credit memorandums for all loan approvals. This role is also responsible for servicing loans, including making site visits to loan customers and reviewing loan agreement covenants to verify borrower compliance.