Community Development Loan Officer jobs in Illinois
Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
Recently Added Community Development Loan Officer jobs
Business Development Loan Officer
- The Inland Real Estate Group of Companies
-
Brook, IL
FULL_TIME
- Inland Green Capital is seeking an originator/business development officer for the origination of Property Assessed Clean Energy (PACE) project financing. PACE allows for commercial property owners to obtain financing to upgrade their commercial property with energy-saving improvements. Inland Green Capital provides financing to the property owners. The position of originator/business development officer is responsible for utilizing knowledge, training, and experience to assist the Company to solicit, originate, and facilitate the processing and closing of PACE financing transactions on behalf of clients. This position must be organized and very detail-oriented, good with numbers and have excellent customer service skills. CORE RESPONSIBILITIES: Demonstrates highest standards of personal and professional integrity, adheres to company’s policies and procedures, and complies with applicable laws, government rules and regulations. Assist the company to solicit, originate, and facilitate the processing, underwriting, and closing of PACE transactions. Follow up on incoming transaction leads, solicit leads, input transaction files into the company data system, prepare financing packages, and handle transaction paperwork. Underwrite transactions and prepare transaction packages for approval committee. Seek out additional information as necessary to complete a transaction such as appraisals, environmental reports, title reports, and due diligence reports. Review and update operating expenses; evaluate the financial strength of tenants, market rental rates, vacancies, and demographics. Perform complex financial modeling, analyzes the data and develops financial reports for approval, planning, forecasting, and trending and variance analysis to actual results on asset performance. Communicate with property owners and other transaction stakeholders on progress and missing documentation and other information. Assists the Company with marketing activities. Assists in the quality control of the asset portfolio along with internal reporting and compliance procedures. Assists in the preparation and tracking of the transaction pipeline. Assists in loan document reviews from application to final execution. Other duties as assigned. QUALIFICATIONS: Education: This position requires a Bachelor’s Degree in Business Administration, Finance or equivalent professional knowledge and/or work experience. Experience: This position requires at least 3 years of prior professional experience in PACE financing or commercial real estate lending. 3 years experience in real estate-related finance origination. Skills: Intermediate skills in Microsoft Word, Excel, Outlook are required for this position. Ability to multi-task and prioritize responsibilities and workflow. Strong organizational skills. Ability to work in a team as well as independently in a fast-paced environment. Excellent verbal and written communication skills. Excellent customer service skills with internal employees and external investors. Able to present transactions for approval to clients. We are a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations. We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes. We are an E-Verify employer. Please click the following link to learn more.
- 12 Days Ago
Manager, Community Outreach & Engagement
- The Federal Home Loan Bank of Chicago
-
Chicago, IL
FULL_TIME
- Join the FHLBC team!At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits pro...
- 1 Month Ago
Community Outreach Coordinator
- Excel Community Development Corporation
-
Chicago, IL
PART_TIME
- Excel Community Development Corporation is here to respond to the ever-changing needs of the community, either by direct service or referral to existing community organizations, to bring health, heali...
- 26 Days Ago
Director of Workforce and Community Development
- Great River Economic Development Foundation
-
Quincy, IL
FULL_TIME
- Director of Workforce and Community Development The Director of Workforce and Community Development develops, implements, and manages an outcome-based approach to develop, retain and upskill our area’...
- Just Posted
Family and Community Development Specialist
- Illinois Valley Economic Development Corp.
-
Carrollton, IL
FULL_TIME
- Illinois Valley Economic Development Corp. (IVEDC) is looking to hire a full-time Family & Community Development Specialist. This position will be working in two separate locations with days split bet...
- 9 Days Ago
Loan Officer
- Paramount Residential Mortgage Group
-
Mundelein, IL
FULL_TIME
- Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
- 16 Days Ago
Community Development Loan Officer jobs at Popular Companies
Executive Director
- WOAR - Philadelphia Center Against Sexual Violence
-
Philadelphia, PA
- WOAR – Philadelphia Center Against Sexual Violence (WOAR) is searching for an Executive Director (ED) to lead a thriving...
- 4/24/2024 12:00:00 AM
Manager of Development and Donor Support
- Georgia Academy of Family Physicians
-
- This position is responsible for donor support and fundraising activities of the Academy's Foundation's Giving is Great ...
- 4/24/2024 12:00:00 AM
Proposal Coordinator 24-00157
- ESPO Corporation
-
Wallingford, CT
- Job Title: Proposal Coordinator Location: Wallingford, CT Our client, a global Architecture and Design Firm, is looking ...
- 4/24/2024 12:00:00 AM
Production Supervisor - 3rd Shift
- Hubbell Incorporated
-
Lincoln, NH
- Corporate Overview Hubbell Incorporated was founded in 1888 and has grown into an international manufacturer of quality ...
- 4/24/2024 12:00:00 AM
Mid-Market Account Executive - Richmond VA
- Segra
-
Richmond, VA
- Are you ready? Segra is searching for a dynamic and experienced Mid-Market Account Executive to work in Richmond, VA. Th...
- 4/24/2024 12:00:00 AM
PSCC-Lifelong Learning Instructor: Temporary Part-Time
- Pellissippi State Community College
-
Knoxville, TN
- Title: Lifelong Learning Instructor: Temporary Part-Time Department: Workforce & Community Development Campus: Hardin Va...
- 4/22/2024 12:00:00 AM
Personal Banker Town and Country Bilingual Required
- GTE Financial
-
Tampa, FL
- Come join our GTE Financial team! We are looking for a customer-focused individual to join our team. The Member Relation...
- 4/21/2024 12:00:00 AM
Senior Grant Writer
- CHIEF SEATTLE CLUB
-
Seattle, WA
- Job Description Job Description JOB DESCRIPTION Job Title: Senior Grant Writer Effective Date: 1/9/2024 Reports to: Jame...
- 4/20/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Community Development Loan Officer jobs
$74,131 to $123,908
Most Popular Cities in Illinois for Community Development Loan Officer Jobs
What does a Community Development Loan Officer do?
Community Development Loan Officer in Springfield, OR
Background ID-NV CDFI provides term and construction loans, bridge, gap and subordinate financing to meet the commercial real estate capital needs of organizations throughout the Intermountain West including the states of Montana, Wyoming, Idaho, Nevada, Utah, Colorado, Arizona and New Mexico.
January 05, 2020
Community Development Loan Officer in Boca Raton, FL
The position requires a highly motivated, deeply experienced lender with a background in community development finance, commercial real estate, or nonprofit housing/facility development and must possess excellent communication skills.
January 19, 2020
Community Development Loan Officer in Akron, OH
In addition, the CDB LO should be involved in community/ outreach programs, as well as participation with local housing agencies and non-profits, grant providers, etc.
February 07, 2020