Capital Impact Partners is hiring

Loan Associate job at Capital Impact Partners,

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ABOUT THE ORGANIZATION

Capital Impact and CDC Small Business Finance recently formed an Alliance to advance solutions that address social and economic inequality. Together we will focus on holistic economic and community development at scale with a focus on people and place. At the core, our suite of products and services, experience, and scope will foster equitable job creation, wealth building, and economic mobility.


Capital Impact Partners, headquartered in Arlington, VA, operates nationally, with local offices in Austin, TX, New York, NY, Detroit, MI, and Oakland, CA. For over 40 years, Capital Impact Partners has been a not-for-profit mission driven lender that has supported the development of low-income underserved communities nationwide, focusing in five key sectors - healthcare, education, healthy foods, affordable housing and aging.


Capital Impact Partners seeks a Loan Associate to strengthen its Community Development Real Estate (“CDRE”) team. The CDRE team primarily makes real estate backed loans to improve communities. The Loan Associate is in training to become a loan officer on the CDRE team and is contributing to the team work of originating new loan transactions.


JOB RESPONSIBILITIES:

  • Contribute to loan production goals by working on new loan underwriting under supervision of manager or a loan officer
  • Complete training to become loan officer in the CDRE team. Learn credit guidelines, loan programs, loan products, process and procedures for loan origination
  • Be proficient with financial spreading, financial and credit analysis
  • Be familiar with due diligence, loan documentation and closing process, and create internal relationships
  • Monitor markets where Capital Impact is active (i.e. market/industry trends, local/state/federal policy environment, community development context)
  • Participate in strategic planning and innovation process
  • Analyze financial performance and condition of borrowers, and develop cash flow and balance sheet projections to evaluate the debt capacity of new borrowers
  • Support loan officers with the loan approval process from deal screening to credit approval
  • Underwrite small program loans under the supervision of manager
  • Accompany loan officers on site visits and participate in discussions and negotiations with borrowers
  • Attend conferences and go to sessions to become knowledgeable in Capital Impact’s markets
  • Assist with the launch of Capital Impact’s Equitable Development Initiative in Texas
  • Support Capital Impact’s mission and vision of advancing Diversity, Equity, and Inclusion, internally in our team and externally with our borrowers and communities
  • Assist with other projects as needed

JOB REQUIREMENTS:

  • Bachelor’s degree required. Advance degree in business, finance or related field a plus
  • Minimum 1 year of work experience in business, finance or related field
  • Knowledge of community development and Capital Impact’s sectors is a plus
  • Familiarity with Texas and its real estate market. Knowledge of education, housing, and health care markets in Texas a plus.
  • Strong attention to detail, analytical, critical thinking and organization skills
  • Familiarity and/or experience with financial analysis
  • Demonstrate the ability to take initiative and leverage knowledge and resources to solve problems
  • Experience prioritizing and managing multiple projects, assignments and meeting tight deadlines
  • Proficiency with Microsoft Office (particularly Word, Excel and Power Point), Google Suite, and Salesforce
  • Ability to travel up to 20% of the time


Job country: United States

City:

Category: Non-profit Organizations,Leasing Non-residential Real Estate,Financial Services

Location: , TX, United States

Job posted 2022-05-22

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