Senior Director, Underwriting & Loan Administration

Summary

Join LISC Strategic Investments as a Senior Director, Underwriting & Loan Administration and lead the credit strategy, underwriting, and loan administration. Leverage your 10+ years of non-consumer lending expertise to manage a diverse portfolio of real estate and small business loans. Oversee a team of skilled professionals, fostering a culture of analytical rigor and ethical decision-making. Apply your advanced financial analysis skills and strategic thinking to real-world challenges in community development. Maintain a balanced portfolio through careful risk assessment and communicate complex credit issues to diverse stakeholders. Make a meaningful difference in communities while mentoring the next generation of community development finance professionals.

Requirements

• Bachelor's degree in Finance, Economics, Business, or related field from an accredited college or university; MBA or similar advanced degree preferred or requisite relevant work experience
• Minimum ten (10) years of non-consumer lending experience, with at least eight (8) years in a leadership role, preferable in banking/finance or community development
• Extensive knowledge of real estate investment and small business lending, including familiarity with loans in the $1-10M range, and preferably in affordable housing
• Demonstrated commitment to and passion for community development and social impact finance
• Expert in credit risk assessment and mitigation strategies
• Strong leadership skills with experience managing and mentoring teams of 6 professionals
• Advanced underwriting and financial analysis skills, including proficiency in evaluating income statements, balance sheets, and impact metrics
• Excellent communication and relationship-building skills, particularly in working with diverse stakeholders including borrowers, investors, and community partners
• Substantial experience in managing loan defaults, restructurings, and work-outs in community development contexts
• Familiarity with tax credit incentive programs such as Historic Tax Credits (HTC), Low-Income Housing Tax Credits (LIHTC), or New Markets Tax Credits (NMTC)
• Proficiency in portfolio management software and data analytics tools

Responsibilities

• Manage the credit approval process
• Develop and implement credit policies and procedures
• Oversee risk assessment for the loan portfolio
• Establish credit risk appetite and tolerance levels
• Monitor market trends and adjust credit strategy accordingly
• Provide strategic input on new Fund development and lending initiatives
• Collaborate with originations team to structure complex deals
• Run credit committee meetings
• Review and initially approve complex loan applications before credit committee
• Oversee underwriting and closing process for real estate and small business loans
• Lead credit analysis and underwriting activities for complex transactions
• Review loan portfolio performance and quality with Asset Management team
• Develop and implement loan structure strategies
• Conduct periodic portfolio reviews and stress tests
• Oversee loan closing processes and procedures
• Implement systems to improve efficiency and reduce closing times
• Standardize documentation and reporting requirements
• Maintain quality control standards for loan documentation
• Drive continuous improvement in underwriting and closing processes
• Manage and mentor team members
• Oversee training and professional development programs
• Conduct performance evaluations and set team goals
• Collaborate with other departments to ensure smooth operations
• Represent the credit department in executive meetings

Benefits

• Medical, Dental, Vision Coverage
• Disability Insurance
• Retirement Savings
• Generous Holidays
• Vacation, PTO, and Sick Days
• Tuition Assistance
• Referral Program
• Professional Development Opportunities