Community Development Loan Officer
Posted on Sep 13, 2019 by Florida Community Loan Fund
Officer to promote FCLF in Florida with a concentration in the
greater Tampa area. The successful candidate will identify
potential projects to benefit not-for-profit enterprises, which
would be funded by loans facilitated through FCLF.
Florida Community Loan Fund (FCLF) is a
nonprofit lending institution providing capital and expertise to
make projects successful and help organizations improve lives and
low-income communities throughout the Sunshine State. Established
in 1994, FCLF operates statewide from a network of offices in
Orlando, Tampa, Sarasota, Fort Lauderdale, and Miami. FCLF
financing has helped more than 190 organizations succeed in their
projects, providing over 492,000 Floridians annually with housing
or social services through 350+ lending transactions to projects
totaling over $1.12 billion. FCLF became Florida's first certified
statewide Community Development Financial Institution in 1996 and
has been certified as a Community Development Entity since
Currently, FCLF has $71 million in total assets, a staff of 19,
and an operating budget of $5-6 million. It has a growing loan
portfolio of $65 million and has closed $232 million in New Markets
Tax Credit investments. FCLF Strategic Plan emphasizes significant
growth over the next 5 years and we are adding staff now to keep
pace with this growth.
This position will:
Engage in and build relationships in the local community to
create or expand a presence for FCLF. Develop and nurture
relationships with community leaders, funders, developers,
nonprofit entity leaders and potential borrowers associated with
development projects planned or underway within the community.
Promote the potential strategies for utilizing FCLF financing to
achieve community development objectives.
Develop lending pipeline as a priority by identifying projects
which would meet the lending criteria of FCLF. Also, identify
potential projects for the New Markets Tax Credit (NMTC) program or
other specialized lending programs in which FCLF participates.
Obtain, underwrite, and analyze loan applications for
commercial loans to support community/economic development projects
based on criteria established for each program and loan policies
within each program. Perform due diligence, site inspections,
appraisal review, financial statement and pro-forma credit
analysis, and credit evaluations of potential borrowers. Prepare
credit memos and supporting documentation and present loans for
review or approval to the Chief Lending Officer and/or Chief
Executive Officer; or Lending Committee.
Draft and coordinate with the FCLF portfolio administration
staff or Chief Lending Officer to issue commitment letters and to
facilitate loan closings and monitor loan advances and
Monitor borrower relationships for borrower needs or
difficulties. Increase, extend, modify and restructure loans as
needed. Mitigate loan portfolio risk through coordination of
post-closing technical assistance, extensions, restructurings and
Assist in the preparation of monthly Lending Committee material
by contributing to reporting. Participate in periodic portfolio
evaluations including presentation of recommendations for loan
grades. Assist in the preparation of periodic written reports
regarding the status of loan request and applications.
Partner with technical assistance providers to deliver training
services to prepare potential borrowers for the borrowing
Participate in the workshop, marketing and promotional
activities and materials development for FCLF. Make workshop
presentations and participate in forums which inform the public and
special audiences about the opportunities for borrowers offered by
BS degree in Finance, Business or equivalent combination of
education and experience.
IT skills and the ability to quickly adapt to software.
Analytical / quantitative analysis skills.
Qualitative analysis and creative thinking skills.
Ability to meet deadlines and cope with pressure.
A minimum of 5 years of experience in the commercial/community
development/real estate lending, public finance and/or multifamily
development fields is desired. Multiple sector experience is
Demonstrated ability to source, evaluate and underwrite
commercial lending projects, preferably in the community/economic
Knowledge of and experience in community development financial
analysis; other underwriting experience is preferred.
Ability and experience in delivering services consultatively to
diverse constituencies required.
Experience working in low-income communities.
Outstanding communication skills, both spoken and written.
Maturity, initiative, and flexibility required.
Ability to work independently and coordinate with others
located across the state.
Compensation & Benefits:
This position offers the unique opportunity to join an
innovative organization with the vision and expertise to make a
difference in disadvantaged communities throughout Florida.
A competitive compensation package
Very generous paid time off benefits program
403(b) plan with employer-paid contributions
Opportunities to work with a dedicated team who are driven to
aid distressed communities
Please submit your resume via e-mail to
along with a cover letter which specifically outlines your
experience in the following:
Your experience in commercial banking and/or nonprofit
Number of years and position(s) held
Applications without a cover letter containing the above
information will not be considered. No phone calls please.
The Florida Community Loan Fund, Inc. is an equal opportunity