Sr. Manager, Lending
Company: NeighborWorks America
Locations: Washington, DC; Kansas City, MO
Job Function: Lending/Loan Operations
Background
At NeighborWorks America, our staff are humble, passionate and creative. We lead with empathy, encourage curiosity and embrace ambiguity. For more than 45 years, Neighborhood Reinvestment Corp., a national, nonpartisan nonprofit known as NeighborWorks America, has strived to make every community a place of opportunity. Our network of excellence includes nearly 250 members in every state, the District of Columbia and Puerto Rico. NeighborWorks offers grant funding, peer exchange, technical assistance, evaluation tools and access to training as the nation’s leading trainer of housing and community development professionals. NeighborWorks network organizations provide residents in their communities with affordable homes, owned and rented; financial counseling and coaching; community building through resident engagement; and collaboration in the areas of health, employment and education.
Summary
The Senior Manager, Lending, under the direction of the Senior Director of Lending, provides day-to-day programmatic support and analysis to all certified community development financial institutions (CDFIs) and non-certified network lenders. The Manager will implement defined national, regional and local lending strategies to support the growth of equitable and inclusive lending, self-sufficiency in the lending and portfolio management line of business, and innovations to increase lending efficiencies that minimize risk for network lenders. Additionally, the selected candidate will work with teams across NeighborWorks America and the CDFI Industry to identify and expand network resources and to strengthen the capacity of network lenders. The position requires a broad understanding of community development financial institutions, community economic development, and strong multi-tasking skills.
Responsibilities
- This role is not a traditional Loan Officer; it will serve as a strong business partner, educator and resource to build capacity for our network.
- The Sr. Manager, Lending will build upon and co-create strategies to implement defined national, regional and local lending strategies to support the growth of equitable and inclusive lending, self-sufficiency in the lending and portfolio management line of business, and innovations to increase lending efficiencies that minimize risk for network lenders.
- The selected candidate will work with teams across NeighborWorks America and the CDFI Industry to identify and expand network resources and to strengthen the capacity of network lenders. The position requires a broad understanding of community development financial institutions and community economic development.
- Manage annual Supplemental Grants process for network lenders collaborating with different teams within NeighborWorks (this is a skill that can be taught on the job)
Requirements
Experience: A minimum of (7) seven years of working in a nonprofit or community development financial institution environment with mortgage lending financing.
Compensation and Benefits
$79,135 – $116,400: The salary offered for the role will be based on a variety of factors, including geographic location, internal equity, and the candidate’s qualifications/professional experience.