Senior Loan Officer

Senior Loan Officer

The Low Income Investment Fund is a non-profit Community Development Financial Institution (CDFI) that mobilizes capital and partners to achieve opportunity, equity and wellbeing for people and communities. LIIF innovates financial solutions to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF's headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.

This position reports to the Director, Northeast Region.

The Senior Loan Officer is responsible for implementing LIIF's affordable housing lending strategy across the Northeast Region. This includes origination, underwriting, and closing of affordable housing loans, cultivating relationships with developers and government entities, and supporting new product innovation. Financing may include acquisition/predevelopment, construction, and term loans, as well as transactions involving Low Income Housing Tax Credits (LIHTC), and, in some cases, grant components. The role contributes to LIIF's visibility and impact in the broader Northeast Region. The Senior Loan Officer plays a key role in structuring transactions, preparing credit memos, and guiding loans through approval, closing, and post-close management. This position supports regional lending goals, engages in marketing and business development, and represents the organization externally.

Key Responsibilities

Loan Origination and Underwriting (30%)

• Source, structure, and underwrite complex affordable housing loan transactions, which may include grants or subsidy layering
• Conduct thorough due diligence including site visits, market analysis, financial modeling, entitlement and environmental review, and assessment of sponsor capacity and leadership.
• Serve as a liaison between borrowers and co-lenders or participants for shared transactions.
• Navigate regulatory, legal, and financial considerations to mitigate risk.
• Collaborate with internal credit officers and legal counsel to manage due diligence and ensure timely closings.

Business Development and Relationship Management (20%)

• Build and maintain relationships with key borrowers, sponsors, and referral sources.
• Contribute to the development of a qualified, mission-aligned lending pipeline.
• Serve as a primary point of contact for borrowers, public partners, and co-lenders throughout the life of the loan.
• Foster long-term partnerships to generate repeat business and maintain a robust loan pipeline.
• Support external stakeholder engagement strategies.
• Collaborate as part of a relationship management team to maintain portfolio quality (timely payments, financial reporting, data collection, etc.)

Credit & Risk Management (20%)

• Ensure loan proposals reflect sound underwriting, appropriate risk mitigation, and alignment with LIIF's credit risk tolerance.
• Coordinate with the Chief Credit Officer and credit staff to resolve credit issues or adjust deal structures.
• Collaborate closely with internal stakeholdersincluding the Underwriter, Market Director, Director, Chief Credit Officer, and Chief Lending Officerduring deal structuring and review.
• Prepare credit memos and present to loan committee and/or other approving bodies for final approval.

Marketing, Industry, and Policy Engagement (15%)

• Participate in joint outreach with Communications, the Director, and the Vice President & Market Director to grow organization presence.
• Represent LIIF at industry events, conferences, and stakeholder meetings to raise organizational visibility.
• Monitor local, regional, and national trends impacting affordable housing and real estate finance to provide input into regional outreach and marketing plans.
• Share on-the-ground insights to inform organizational strategy and policy engagement.

Program & Product Development (10%)

• Collaborate with Director and Lending Leadership to test and refine new loan products.
• Offer feedback from borrower experience and market trends to improve product market fit.

Other Duties as Assigned (5%)

• Participate in cross-functional initiatives, staff meetings, and internal planning sessions.
• Provide mentorship or guidance to junior lending staff as requested.

Qualifications

Education & Experience Requirements:

• Bachelor's degree in finance, real estate, urban planning, business administration, public policy, or a related field is required.
• Minimum of 57 years of progressively responsible experience in lending, affordable housing finance, or community development finance.
• Proven expertise in loan origination, underwriting, deal structuring, and risk mitigation
• Strong experience with affordable housing, real estate, or community development financing.
• Advanced financial analysis skills, particularly in nonprofit and real estate financials.
• Deep knowledge of CDFI industry standards and public subsidy layering.
• Familiarity with federal, state, and local funding sources for affordable housing and community development.
• Strong strategic planning, time management, and organizational skills.
• Excellent interpersonal, oral, and written communication skills.
• Track record of building and maintaining relationships with borrowers, partners, and public agencies.
• Demonstrated success in cross-functional collaboration and mentoring junior staff.
• Proficiency with Microsoft Office Suite and financial or CRM database systems.
• Self-motivated, mission-aligned, and committed to equity in underserved communities

LIIF offers a hybrid work environment with flexibility to balance in-office and remote work. However, all employees are expected to work on-site at least two (2) days per week. The successful candidate may be expected to travel occasionally for meetings, trainings, conferences, or other Company sponsored events.

All Low Income Investment Fund (LIIF) employees must be fully vaccinated against COVID-19. In accordance with LIIF's policies, we provide reasonable accommodations, absent undue hardship, to qualified individuals who cannot get vaccinated against COVID-19 because of sincerely held religious or medical reasons. If you believe you need an accommodation from the vaccination mandate required by this policy, please notify our Human Resources Department.

Please apply with Resume and Cover Letter via our recruitment portal.