SENIOR LOAN OFFICER

The Senior Loan Officer will handle evaluating and underwriting loans to healthcare providers, including initial review, loan structuring, underwriting and closing. The position will also involve managing a portion of Company loan portfolio. The Position will report to the Chief Lending Officer (“CLO”), support business development and lending activities.

• Utilize, Develop a deep understanding of the healthcare sector, including financial, market and regulatory issues required to successfully evaluate, underwrite and service loans.
• Under the direction of the CLO, assist business development staff to evaluate potential loan opportunities, manage borrower relationships.
• Wotking closely with the CLO, evaluate, underwrite and close new loans, including:
• Due diligence review of potential borrowers, including detailed analysis of their financial statements, organizational capacity, proposed use of loan proceeds, market and regulatory environment.
• Identify, mitigate key financial, organizational, market, regulatory and implementation risks of proposed loans.
• Structure new loan proposals, including evaluating potential loan terms and preparing draft term sheets.
• Prepare initial loan summaries and comprehensive credit memos, and present proposed loans to management and Loan Committee for review and approval.
• Manage the loan closing process, including working with outside legal counsel, reviewing closing due diligence and negotiating loan documents.
• Manage a portfolio of existing loans, including reviewing financial, impact, other reporting, monitoring compliance with loan terms, handling loan modifications, workouts and conducting annual site visits.

• Ability to manage multiple tasks effectively to meet deadlines.
• Strong verbal, written communication skills. Excellent interpersonal skills
• Demonstrate admirable ethics in interpersonal relations.
• Proficient knowledge of Excel, MS Word, Power Point.
• Master’s Degree in Business Administration, Finance, Public Health, Public Policy or related field. Will consider Bachelor’s Degree B.A. or B.S. with equivalent experience.
• 5-7 years’ of lending experience in healthcare finance, community development finance, commercial lending or directly related field.
• Demonstrated experience in structuring, underwriting and negotiating complex community development financial transactions.
• Must be highly motivated, able to work independently, with modest supervision, and collaboratively in a team setting.
• Demonstrated passion for working in a mission driven organization with a commitment to affecting positive change in low-income communities.
• Understanding of financial accounting.
• Strong analytic skills, including financial analysis, business planning or organizational assessment, and qualitative research.
• Ability to identify, evaluate and mitigate risk.
• Knowledge of the healthcare industry, business lending and/or formal credit training, Preferred.
• Experience balancing mission goals with solid underwriting judgement and risk mitigation.
• Ability to think proactively and creatively to effectively solve problems.

This is a full-time permanent position. In addition to salary, the position will offer comprehensive benefits that are available to all Company employees.

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