Commercial Lending Program Associate

Position Summary:

Self-Help is seeking a Commercial Lending Program Associate- Housing to join our Commercial Lending team in Durham, NC. Under the general supervision of the Commercial Lending Sector Leader – Housing, the Program Associate – Housing will lead and/or play a significant role in all phases of the Housing Sector program management. The Program Associate – Housing will carry out this role by performing a wide variety of project management tasks as needed by the team, such as overseeing affordable housing loan funds and grants management and compliance, managing internal and external partnerships, conducting key market research, facilitating internal training, and presenting to external audiences. This position will play a lead role on some projects and a supporting role on others and will be a key member of the Housing Sector team within Commercial Lending.

WHAT You’ll Do:

• Working independently and closely with the Housing Sector Leader, Program Associate will implement strategic projects and tasks designed to support and promote the preservation and creation of affordable and workforce housing.
• Develop outreach presentations and marketing materials to promote Self-Help’s housing lending programs; represent Self-Help at local and national affordable housing convenings.
• Represent Self-Help in meetings with key stakeholders such as local elected officials and government staff, policymakers, and strategic partners to promote Self-Help’s loan products for affordable housing.
• Independently and in collaboration with Development, Policy & Impact Team, maintain lending data for Self-Help’s conventional and subsidized housing lending programs, providing both internal and external reporting.
• Assist in the preparation of proposals to support Self-Help’s housing efforts to include affordable housing loan funds, products to support innovative affordable housing solutions, and enhancements to more equitably serve minority and women-led borrowers. Monitor program and funder requirements to ensure goals are met.
• Execute periodic internal training sessions on the Housing Sector for the Commercial Lending team and other Self-Help staff, including local Credit Union leadership.
• Evaluate national trends and best practices to inform Self-Help’s engagement in NC, SC, FL, CA, WA, Chicago, and Atlanta metros and other geographies; promote innovation in lending products.
• Serve as a key point of contact for potential borrowers throughout the loan screening process.
• In collaboration with the Sector Leader, provide prompt responses to prospective borrowers, coordinate with loan teams, and provide referrals to other providers as appropriate.
• Conduct initial vetting of prospective borrowers through an initial analysis of capital sources, project and borrower financial capacity, project delivery and management expertise, collateral strength, and market conditions.
• Collaborate with Sector Leader or other lending staff to create letters of interest and term sheets for prospective borrowers and facilitate negotiation of terms.
• Support Commercial Loan officers with market data, product terms, and credit considerations throughout housing loan transactions.
• Collaborate with the Marketing & Communications Team to maintain and develop the Housing sections of Self-Help’s website to include fund, geographic, and product-specific pages.
• Engage with internal and external racial equity efforts, such as Self-Help’s Racial Wealth Gap Initiative, to inform housing lending products and practices.
• Perform other duties as necessary.

WHAT You’ll Need:

• Bachelor’s degree in related field OR equivalent related experience plus 3 years relevant experience.
• Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
• Preference for working in organizations that place priority on teamwork and collaboration
• Strong quantitative aptitude including the ability to develop skills to complete the following: o Analyze financial statements and operating projections o Evaluate borrower, project, and market conditions to make sound borrower and programmatic recommendations based on risk assessment.
• Demonstrated ability to communicate effectively, both verbally and in writing, in-person and virtually.
• Ability to form and maintain strong relationships with both internal and external partners.
• Ability to effectively present information and respond to questions from groups and/or individuals.
• Ability to effectively initiate, organize and prioritize efforts and work independently to meet goals and objectives.
• Highly resourceful self-starter with excellent interpersonal skills and good judgment.
• Strong technical aptitude to learn new systems; proficiency in Excel, Word, and PowerPoint (or similar presentation software)
• Ability and willingness to travel ~15% of the time and work beyond normal work hours.
• Ability to demonstrate Self-Help’s Core Values: o Mission Before Self o Service with Excellence o Embracing & Promoting Change o Results Not Credit o Diversity as a Strength o Financial Sustainability for Mission Impact

Compensation:

Competitive nonprofit compensation, based on experience, plus a generous benefits package.

Application:

Visit our Careers Page to apply for this position. This position will remain posted until filled.

About Us:

Self-Help Credit Union was chartered in 1983 to build a network of branches that partner with working families and communities often underserved by the financial marketplace. With over $1.64 billion in assets and serving more than 91,000 members in 37 branches – eight in Florida, 22 in North Carolina, six in South Carolina, and one in Virginia – Self-Help Credit Union is one of the fastest-growing community development financial institutions in the country. It is part of the Self-Help family of non-profit organizations whose collective mission is to create and protect ownership and economic opportunity for all. For over 40 years, the National Center for Community Self-Help and its affiliates have provided more than $10.5 billion in financing to help more than 150,000 borrowers buy homes, start and grow businesses, and strengthen community resources. For more information, please visit www.self-help.org.

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.