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LOAN OFFICER
Description of Employer
Since 1975, The Community Development Finance Corporation (CDFC), a quasi-public economic development
organization, has provided loans for working capital, contract receivable, equipment, expansion and
contractor bond support to both for-profit and non-profit Community Development Corporations. CDFC's
mission is to assist in the creation of jobs, economic development and affordable housing within distressed
communities throughout the Commonwealth. CDFC provides funding designed to address the needs of business and
non-profit corporations of varying sizes
Job Summary
CDFC is currently looking for a loan officer to cover Boston and points South of Boston.
A CDFC loan officer is responsible for soliciting new business throughout her/his territory within
the Commonwealth. She/he will be familiar with the various CDFC programs, locate and meet with contacts,
determine feasibility and credit worthiness and prepare and present loan requests to the CDFC. She/he
will oversee all aspects of closing, monitoring and reporting the loan once completed. She/he will also
assist in community and other business development activities as assigned.
Primary Responsibility
The loan officer will play a leading role in expanding CDFC's efforts to improve economic conditions
in distressed areas of the Commonwealth by providing financial assistance to companies offering good
paying employment opportunities to local residents.
Qualifications
Candidates should have:
- A minimum of a bachelor’s degree (course work in accounting and finance) and demonstrated skill in business and personal financial analysis.
- Minimum 3 years experience in commercial lending with emphasis on small business lending; experience with bonding and letters of credit is a plus.
- Strong credit skills are a must.
- Proven business development experience.
- Excellent verbal and written communication skills.
- Superior interpersonal and problem solving skills
- Competency in general computer use and experienced with
Microsoft Office programs:
- Ability to travel to communities throughout the state.
Preferred candidates will also have:
- Formal bank credit training.
- Experience in economic development within disadvantaged areas.
- Bi-lingual (Spanish/English) skills a plus.
Reports to:
Senior Lending Officer
Send cover letter, resume and salary requirements to:
Robert Rosen, Senior Loan Officer, CDFC
155 Federal Street, Suite 202
Boston, MA 02110
CDFC is an equal opportunity employer.
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