About the Role
LISC is seeking a Credit Officer to manage loan pipelines, coordinate credit reviews and approvals, and ensure data integrity. This role supports timely loan approvals and closings, and provides technical assistance on community and economic development projects.
Responsibilities
- Manage weekly Credit Committee materials and meetings, including distributing packages, serving as secretary, and ensuring credit requirements are reflected in notes and memos.
- Coordinate and manage the review of loans and amendments approved by the Chief Credit Officer.
- Support the review and approval of all loan requests from intake through closing, working closely with Lending, Finance, and Legal staff.
- Conduct internal outreach on maturing loans, circulate status updates, and coordinate the review and approval of all amendment requests.
- Review final drafts of credit memos to ensure underwriting requirements are satisfied and all requested information and analysis is incorporated.
- Prepare loan approval notification letters after loans are approved.
- Ensure the completeness, accuracy, and integrity of data entered in Salesforce and other loan systems, and that all required approvals for new loans and amendments have been recorded.
- Review and analyze requests for recoverable grant financing under the supervision of the Senior Credit Officer, collaborating with stakeholders to ensure alignment with organizational priorities and impact goals.
- Perform analysis on loan commitments and performance for ad hoc reports to senior management, including periodic reporting to ensure data integrity for LISC’s impact metrics.
- Manage and update all credit policies and procedures, including an underwriting manual.
- Serve as a back-up to the Loan Support Specialist for loan intake management and pipeline analysis.
- Develop and present trainings on credit approval process, credit and sector analysis, underwriting guidelines, third-party reports, and LISC lending systems.
- Provide technical assistance to Lending and local program staff on loan policies, procedures, and systems.
- Provide onboarding training to new staff on loan approval and amendment processes and requirements.
- Create marketing and communication materials for internal and external audiences, including panel submissions, newsletters, and pitch books.
- Perform other related duties as needed.
Requirements
- Bachelor’s degree from an accredited college or university.
- Minimum three (3) years of job-related credit analysis experience.
- Demonstrated interest in a career in community development finance.
- Strong financial analysis skills, including ability to analyze financial statements, project development budgets, and project operating pro formas.
- Familiarity with government subsidies and tax credit programs supporting affordable housing.
- Strong written skills and attention to detail.
- Excellent interpersonal skills and ability to work effectively across the LISC network of local and national programs and affiliates.
- Good organizational abilities, including ability to work independently and manage multiple assignments simultaneously.
Skills
- Credit analysis
- Financial analysis
- Financial statement analysis
- Project development budget analysis
- Project operating pro forma analysis
- Salesforce
- Loan systems
- Underwriting
- Written communication
- Interpersonal skills
- Organizational skills
- Independent work
- Time management
Location
- Remote
Work Type
- Full-time
Experience Level
- Mid-level
Education Level
- Bachelor's degree
Salary/Compensations
- $88,537-$110,671
Benefits
- Medical, Dental, Vision Coverage
- Disability Insurance
- Retirement Savings (401(k) and 403(b) plans)
- Generous Holidays
- Vacation, PTO, and Sick Days
- Tuition Assistance
- Referral Program
- Professional Development Opportunities
About the Company
- 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.
- LISC acts as a conduit for grants, loans and equity, and provides technical assistance and capacity building to locally rooted organizations.
Equal Opportunity
- LISC is an equal opportunity employer.
- LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances.
- We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business.
