Community Development Banking List
12-09-2011, 01:28 PM
Original message from: vcorzo@nycfnac.org
Hi everyone,
Please see below job posting for Director of Lending in NYC.
Posting date: 12/09/11
Job Opening: Director of Lending
Description of Organization: The New York City Financial Network Action
Consortium (NYCfNAC) was established in 1999 to strengthen the capacity of
New York City's leading community development credit unions in order to
expand their membership and products and services, and to achieve economies
of scale. NYCfNAC's four participating credit unions serve low and
moderate-income communities whose residents lack access to affordable and
comprehensive financial services and credit.
NYCfNAC is seeking a full-time Director of Lending to work with the credit
unions to support and expand their microenterprise and small business
lending to startup and established businesses in New York City. The Business
Lending Program takes advantage of the credit unions certification as SBA 7A
Lenders and use of the SBA Express program. Since 2003, NYCfNAC has assisted
the credit unions to make 200 loans to small local businesses worth $6.4
million. In 2011, NYCfNAC launched the Your Neighborhood Credit Union
campaign to promote their business lending citywide.
Position Summary: The Director of Lending manages and coordinates the
Business Lending Program. S/he is the primary liaison to the credit unions
and an extensive set of loan referral and technical assistance
organizations. Program activities include originating, packaging and
underwriting loans, assisting with loan closings, loan monitoring, and
technical assistance to borrowers. The Director of Lending also develops
marketing strategies and materials and conducts various outreach activities.
The Director of Lending supervises NYCfNAC's lending staff and reports
directly to the Executive Director.
Specific Responsibilities:
. Coordinate with the credit unions to develop and improve loan
processes and to standardize lending criteria.
. Conduct intake on businesses and entrepreneurs who request a
business loan
. Perform rigorous intake on all loan inquiries and discuss loan
requirements and process with select applicants.
. Collect and review loan documents
. Perform a thorough underwriting of the loan.
. Prepare a detailed credit analysis of loans for which complete
documentation has been obtained and present to the appropriate credit union
Credit Committee.
. Coordinate approvals among two or more credit unions if a
participation loan is involved.
. Prepare closing documents using loan documentation software and
assist the credit unions to close loans, as required.
. Maintain a working relationship with the local SBA office and
assist the credit unions, as necessary, to enroll loans and/or submit
claims.
. Manage and maintain the Your Neighborhood Credit Union Marketing
Campaign.
. Manage, maintain and update the website, including the online
Business Directory.
. Promote the program through panel presentations and networking
events.
. In coordination with the Executive Director, prepare grant
proposals and periodic reports.
Minimum Qualifications:
. Bachelor Degree (BA, BS), or Masters preferred
. Excellent oral and written communication skills
. Minimum three years of experience with financial analysis,
preferably in a community development environment
. Capable of communicating effectively with individuals of different
cultural and educational backgrounds
. Fluency in English/Spanish is required
. Proficiency in MS Office applications, particularly Excel.
How to Apply: Email resume and cover letter highlighting underwriting,
marketing and community development experience, as well as salary
expectations to pbray@nycfnac.org. Resumes without a cover letter will not
be considered.
Salary: Commensurate with experience plus full benefit package.
NYCfNAC is an Equal Opportunity Employer.
Vianey Corzo
Director of Lending
--------------------------------------------------
NYC Financial Network Action Consortium
209 E. 3rd. St.,
New York, NY, 10009
P. 212.254.6060 ext 109
F. 212.254.9090
www.nycfnac.org
www.yourncu.org
Hi everyone,
Please see below job posting for Director of Lending in NYC.
Posting date: 12/09/11
Job Opening: Director of Lending
Description of Organization: The New York City Financial Network Action
Consortium (NYCfNAC) was established in 1999 to strengthen the capacity of
New York City's leading community development credit unions in order to
expand their membership and products and services, and to achieve economies
of scale. NYCfNAC's four participating credit unions serve low and
moderate-income communities whose residents lack access to affordable and
comprehensive financial services and credit.
NYCfNAC is seeking a full-time Director of Lending to work with the credit
unions to support and expand their microenterprise and small business
lending to startup and established businesses in New York City. The Business
Lending Program takes advantage of the credit unions certification as SBA 7A
Lenders and use of the SBA Express program. Since 2003, NYCfNAC has assisted
the credit unions to make 200 loans to small local businesses worth $6.4
million. In 2011, NYCfNAC launched the Your Neighborhood Credit Union
campaign to promote their business lending citywide.
Position Summary: The Director of Lending manages and coordinates the
Business Lending Program. S/he is the primary liaison to the credit unions
and an extensive set of loan referral and technical assistance
organizations. Program activities include originating, packaging and
underwriting loans, assisting with loan closings, loan monitoring, and
technical assistance to borrowers. The Director of Lending also develops
marketing strategies and materials and conducts various outreach activities.
The Director of Lending supervises NYCfNAC's lending staff and reports
directly to the Executive Director.
Specific Responsibilities:
. Coordinate with the credit unions to develop and improve loan
processes and to standardize lending criteria.
. Conduct intake on businesses and entrepreneurs who request a
business loan
. Perform rigorous intake on all loan inquiries and discuss loan
requirements and process with select applicants.
. Collect and review loan documents
. Perform a thorough underwriting of the loan.
. Prepare a detailed credit analysis of loans for which complete
documentation has been obtained and present to the appropriate credit union
Credit Committee.
. Coordinate approvals among two or more credit unions if a
participation loan is involved.
. Prepare closing documents using loan documentation software and
assist the credit unions to close loans, as required.
. Maintain a working relationship with the local SBA office and
assist the credit unions, as necessary, to enroll loans and/or submit
claims.
. Manage and maintain the Your Neighborhood Credit Union Marketing
Campaign.
. Manage, maintain and update the website, including the online
Business Directory.
. Promote the program through panel presentations and networking
events.
. In coordination with the Executive Director, prepare grant
proposals and periodic reports.
Minimum Qualifications:
. Bachelor Degree (BA, BS), or Masters preferred
. Excellent oral and written communication skills
. Minimum three years of experience with financial analysis,
preferably in a community development environment
. Capable of communicating effectively with individuals of different
cultural and educational backgrounds
. Fluency in English/Spanish is required
. Proficiency in MS Office applications, particularly Excel.
How to Apply: Email resume and cover letter highlighting underwriting,
marketing and community development experience, as well as salary
expectations to pbray@nycfnac.org. Resumes without a cover letter will not
be considered.
Salary: Commensurate with experience plus full benefit package.
NYCfNAC is an Equal Opportunity Employer.
Vianey Corzo
Director of Lending
--------------------------------------------------
NYC Financial Network Action Consortium
209 E. 3rd. St.,
New York, NY, 10009
P. 212.254.6060 ext 109
F. 212.254.9090
www.nycfnac.org
www.yourncu.org