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Senior Director, Underwriting & Loan Administration - Remote

Posted 7 hours ago
Finance / Legal
Full Time
Worldwide
$154,236 - $196,651/year

Overview

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities.

In Short

  • Lead LISC Strategic Investments’ credit strategy, underwriting, and loan administration.
  • Manage a portfolio of loans ranging from $1-10M.
  • Focus on real estate investments and small business opportunities.
  • Ensure a balanced approach to credit culture and risk management.
  • Oversee a team of skilled professionals in underwriting and loan administration.
  • Apply advanced financial analysis skills to community development challenges.
  • Communicate complex credit issues to diverse stakeholders.
  • Implement credit policies and procedures.
  • Drive continuous improvement in underwriting processes.
  • Foster a culture of ethical decision-making and analytical rigor.

Requirements

  • Bachelor's degree in Finance, Economics, Business, or related field; MBA preferred.
  • 10+ years of non-consumer lending experience, with at least 8 years in a leadership role.
  • Extensive knowledge of real estate investment and small business lending.
  • Expert in credit risk assessment and mitigation strategies.
  • Strong leadership skills with experience managing a team.
  • Advanced underwriting and financial analysis skills.
  • Excellent communication and relationship-building skills.
  • Experience with loan defaults and restructurings.
  • Familiarity with tax credit incentive programs.
  • Proficiency in portfolio management software and data analytics tools.

Benefits

  • Comprehensive health plans for you and your family.
  • Long-term and short-term disability insurance.
  • 401(k) and 403(b) retirement savings plans.
  • Generous holidays and flexible time-off policies.
  • Tuition assistance for educational goals.
  • Referral program for qualified candidates.
  • Professional development opportunities for career growth.

I.O

Internship Opportunities

LISC (Local Initiatives Support Corporation) is a nonprofit organization headquartered in New York City that focuses on bridging the gap between capital sources and community needs. By collaborating with government entities, foundations, and for-profit companies, LISC empowers underinvested communities by equipping them with the necessary skills and resources to foster economic growth, health, safety, and educational mobility. The organization is dedicated to strengthening community alliances, developing leadership, and driving policy changes that promote shared prosperity. LISC offers valuable internship opportunities for students interested in nonprofit management, social services, finance, political science, or business administration, providing practical experience in community development and business processes.

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