Senior Commercial Credit Officer

Job Description WHO We Are Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we’re committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high quality schools to grocery stores selling fresh foods and resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth. Since our founding, we’ve constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies. We are seeking a Senior Credit Officer to join our team! The Senior Credit Officer provides support to Self-Help’s national Commercial Lending Team to originate commercial loans in the sectors and geographies in which the team lends. The position collaboratively advises due diligence teams, by providing expertise in underwriting, transaction structuring, and complex credit/financial analysis, to make recommendations that are consistent with Self-Help’s policy and mission. Due diligence team members include loan officers, business development officers or sector leaders, construction specialists, risk analysts, legal, and closing specialists. The Senior Credit Officer is also responsible for providing hands‑on training to less‑experienced Credit Officers and supporting the training of less‑experienced Loan Officers by originating and closing commercial loans, completing loan disbursements and construction monitoring, as well as ongoing support of portfolio borrowers. In addition, the Senior Credit Officer is responsible for the direct supervision of several Credit Officers. What You’ll Do Underwriting Advise and work with loan officers to analyze and structure loans that will advance Self-Help’s mission and conform to our credit standards. Provide critical, objective review of loan officer’s credit memorandum and detailed analysis of financial information, viability of repayment sources, appropriate loan structures, industry background, management capacity, and collateral. Oversee that proposed loans meet Self-Help’s regulation, policy, and procedures and are consistent with credit practices and serve as the authority on and resource to teammates for the origination of loans that meet Self-Help’s standards and general credit prudence. Approve credit applications, transactions, exceptions, and other extensions of credit within credit approval authority or prepare loan officers for presentation of credit proposals to Self-Help’s credit committee per regulation, policy, and procedure. Participate as a voter in credit committee. Project Management / Pre and Post Closing Manage, advise and participate in loan closings in coordination with due diligence team, guiding key processes forward and ensuring documentation collection and compliance with closing conditions. Review critical reports and structuring remedies in response (e.g., property condition assessments, appraisals, contracts, etc.). Review and approve monthly construction disbursement as applicable. Partner with loan officers collaborating with the portfolio management team on risk assessment of troubled loans, including loan modifications. People Management and Leadership Directly supervise and manage other credit officers. Regularly serve as lead co on teams with less experienced co’s or los in order to provide hands‑on training. Work with direct reports to set individual goals, track team progress against goals, and provide on‑going feedback and coaching. Promote professional growth of direct reports through planned development activities and experiences. Ensures that professional development and coaching is a priority to all team members. Work to create and maintain a collaborative, healthy, and productive work environment. Develop teamwork by building consensus and drawing upon the ideas and suggestions of others and fostering a work environment reflecting mutual respect and trust. Manage the hiring, coaching and assessment of staff performance, providing direct and frequent feedback to staff members, as needed. Other Assume a leadership role on assigned strategic projects, if appropriate. Actively contribute to strategy development for various sectors in conjunction with business development officers, as needed. Stay informed about industry trends, market conditions, and regulatory changes affecting commercial credit. Perform other duties as may be deemed necessary. What You’ll Need Bachelor’s OR equivalent related experience; Graduate degree in Business, Accounting, Finance, City Planning, Public Policy or Law, or a related field preferred. 7 years of related experience in commercial lending, finance or community development OR equivalent related experience. Experience managing staff or team or equivalent experience. Strong commitment to our mission – creating economic opportunity for all. Preference for working in organizations that place priority on teamwork and collaboration. Strong analytical skills including: Strong quantitative/credit analysis skills to provide critical assessment of credit underwriting criteria including financial ratio analysis, repayment ability, loan structuring, management assessment, and collateral risk evaluation, etc. to make sound recommendations. Ability to learn quickly and analyze new industries, consider industry drivers and competitive threats, and develop new contacts to provide in-depth industry knowledge. Ability to write and edit clear and concise credit memos, including translating financial and numerical data into narrative form. Ability to focus on details and key credit drivers within the larger context of the credit request. Strong interpersonal and project management skills including: Ability to manage, train, coach, and develop commercial lending staff with varying degrees of experience. Ability to work effectively in teams and to create partnerships with other Self-Help teams. Ability to communicate clearly and effectively with loan applicants, borrowers, and team members, including setting appropriate expectations and showing strong interpersonal skills. Ability to organize competing priorities and help loan teams set priorities. Strong attention to detail. Proficiency with MS Word and Excel. Ability and willingness to travel and work overtime as needed. Compensation Competitive nonprofit compensation, based on experience, plus a generous benefits package. Compensation ranges for each position are based on local market rates and will be determined by geography, role, and experience. Salary range for Fresno, CA: $102,800 - $154,200 Salary range for Oakland, CA: $127,500 - $156,290 Salary range for Chicago, IL: $106,600 - $131,257 Self-Help is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. No discrimination in hiring. Self-Help is committed to providing equal employment opportunities to all persons, regardless of race, religion, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression (including transgender status), age, sexual orientation, military and veteran status, class or family status. #J-18808-Ljbffr Habitat For Humanity Of Durham