Commercial Loan Specialist II
$66k - $79kColorado Housing and Finance Authority
Commercial Loan Specialist IIDenver - Denver, CO 80202OverviewSalary Range $66,000.00 - $79,000.00 SalaryNature Of PositionThis position will be responsible for supporting community development lending activities that include; oversight of construction loan draw submittals and approvals, Davis Bacon wage determinations and compliance, and primary support for the State Small Business Credit Initiative (SSBCI) and other Business Finance lending programs. This position reports to the Manager – Commercial Operations and Underwriting.Core Desired SkillsCommercial Lending OperationsRegulatory and Compliance KnowledgeFinancial Analysis and Attention to DetailCustomer and Partner Relationship ManagementOrganization and Project CoordinationCommunication and CollaborationEssential FunctionsReview borrower generated construction draw submittals for completeness and accuracy.Track construction draw progress relative to the overall budget, verify receipt of appropriate lien waivers, and obtain necessary approvals for funding.Verification of appropriate Davis Bacon wage determinations and ongoing payroll compliance reviewsPrepare and submit Davis Bacon semi-annual report to HUDWork directly with lending partners to setup bank accounts for the various SSBCI programs and loansFund new Cash Collateral Support loans and track balances of outgoing and incoming funds from the SSBCI accountPrepare and submit quarterly and annual reports to the State and Federal government.Participate in and contribute to all activities and/or projects that directly support CHFA in fulfilling its mission and achieving its vision through dedication to the community in which CHFA serves, operational excellence, and fiscal responsibilityOversight of other special projects and perform all other duties as assignedKnowledge, Skills, And AbilityMust possess:Review borrower generated construction draw submittals for completeness and accuracy.Track construction draw progress relative to the overall budget, verify receipt of appropriate lien waivers, and obtain necessary approvals for funding.Verification of appropriate Davis Bacon wage determinations and ongoing payroll compliance reviewsPrepare and submit Davis Bacon semi-annual report to HUDWork directly with lending partners to setup bank accounts for the various SSBCI programs and loansFund new Cash Collateral Support loans and track balances of outgoing and incoming funds from the SSBCI accountPrepare and submit quarterly and annual reports to the State and Federal government.Participate in and contribute to all activities and/or projects that directly support CHFA in fulfilling its mission and achieving its vision through dedication to the community in which CHFA serves, operational excellence, and fiscal responsibilityOversight of other special projects and perform all other duties as assignedAbilities that reflect our values:Ability to continuously improve and develop knowledge and skills, while adapting quickly to changing circumstances and processesAbility to work towards inclusion in all activities and decisions through the solicitation and appreciation of diverse perspectivesAbility to exercise personal accountability in all activities and decisionsAbility to embrace a culture of operational excellence to ensure processes are continually evaluated and improved as necessaryAbility to operate with a sense of integrityAbility to have fun with a demonstrated sense of humorAbility to establish rapport with people of diverse ethnic, racial, and cultural backgroundsExperience/EducationMust have at least three (3) years of work experience in lending environment, preferably with commercial emphasis. Bachelor's degree in Finance, Accounting, or related discipline or equivalent experience desired; Accounting and/or finance classes or previous banking experience in other areas of focus are helpful.Equipment UsedPersonal computer, Smartphone, computer printer equipment, calculatorWork EnvironmentThe incumbent in this position will perform the essential functions of the position primarily in an office/hybrid environment, which requires sitting at a desk most of the day, with or without accommodation. This position requires moderate levels of interaction and collaboration with others.Validation StatementThis job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. This position requires moderate levels of interaction and collaboration with others.Hiring Range$66,000 - $79,000 + bonus opportunityBenefit InformationComprehensive medical, dental, and vision insurance plans, with competitive ratesGenerous Paid Time Off, including paid volunteer time, and leave programsPlease visit our benefits page for additional information, To ApplyExternal candidates: Please apply online at chfainfo.com > Careers TabAll applications are strongly encouraged before September 25, 2026. This posting is expected to remain open until the position is filled.With respect to its programs, services, activities, and employment practices, Colorado Housing and Finance Authority prohibits unlawful discrimination against applicants or employees on the basis of age 40 years and over, race, sex, sexual orientation, gender identity, gender expression, color, creed, religion, national origin, ancestry, disability, military status, genetic information, marital status or any other status protected by applicable federal, state or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to the Nondiscrimination Coordinator, View phone number on click.appcast.io, TDD/TTY View phone number on click.appcast.io; CHFA, 1981 Blake Street, Denver, Colorado 80202-1272; chfainfo.com/nondiscrimination, available weekdays 8:00am to 5:00pm.
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