Community Development Loan Officer jobs in Maine

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)

E
Commercial Loan Officer
  • Eastern Maine Development Corporation
  • Bangor, ME FULL_TIME
  • Position Summary

    Eastern Maine Development Corporation, a private, non-profit, mission-based lender, is seeking a new Loan Officer to join its Lending Department team. Particular focus will be given to EMDC’s participation in the U.S. Small Business Administration’s (SBA) 504 and Community Advantage 7(a) loan programs as well as EMDC’s direct lending programs.

    The Loan Officer will establish mutually beneficial relationships with banking partners including commercial loan officers; state and federal agencies including the SBA, USDA, EDA, CDFI, and Finance Authority of Maine (FAME); partner non-profit organizations such SCORE and SBDC; and individuals. The candidate chosen to fill this position will provide loans and referrals for small businesses, and market all of EMDC’s lending programs and services.

    Essential Function

    • Contribute to loan production goals by identifying lending opportunities and originating new loans
    • Work with partners on loan participations
    • Structure loans in compliance with internal credit guidelines and program requirements
    • Prepare and negotiate loan proposals under the supervision of the President & CEO and Director of Administration, Compliance & Development.
    • Manage the loan process from screening to loan approval
    • Interviewing loan applicants
    • Analyzing financial statements and business plans
    • Preparing credit memos for presentation to EMDC’s Loan Committee
    • Loan servicing
    • Work closely with Lending and Finance staff to ensure excellent customer service
    • Understand and promote other EMDC programs such as Workforce Services and Business Services (contracting) to potential and current borrowers
    • Represent EMDC on panels and manage relationships with partners and borrowers
    • Other duties as assigned

    Job Requirements

    This person must demonstrate professionalism, have high energy, be enthusiastic, be highly motivated, value teamwork, have the ability to manage multiple projects and initiatives, and have problem-solving skills. Familiarity with SOPs relating to the SBA 504 and 7(a) loan programs as well as rules and regulations governing EDA and USDA programs is preferred. EMDC is willing to expand the role within the Lending Department and organization for certain qualified applicants.

    Core Competencies

    · Computer skills: Skilled in the use of computers, adapts to new technology, learns new programs quickly, uses computers to improve productivity.

    · Customer service: Handles customer/client questions and complaints, communicates with customers/clients, handles service problems politely and efficiently, always available for customers/clients, follows procedure to solve customer/client problems, understands company products and services, maintains pleasant and professional image.

    · Dependability: Meets commitments, works independently, accepts accountability, handles change, sets personal standards, stays focused under pressure, and meets attendance/punctuality requirements.

    · Integrity/Ethics: Deals with others in a straightforward and honest manner, is accountable for actions, maintains confidentiality, supports company values, conveys good news and bad.

    · Teamwork: Meets all team deadlines and responsibilities, listens to others and values opinions, helps team leader to meet goals, welcomes newcomers and promotes a team atmosphere.

    Position Competencies

    • Job Knowledge: Understands duties and responsibilities, has necessary job knowledge, has necessary technical skills, understands company mission/values, keeps job knowledge current, is in command of critical issues.
    • Personal Organization: Keeps information organized and accessible, maintains clean/functional work space, works systematically/efficiently, and manages time well.
    • Productivity: Manages a fair workload, prioritizes tasks, develops good work procedures, manages time well, and handles information flow.
    • Quality: Is attentive to detail and accuracy, is committed to excellence, looks for improvements continuously, monitors quality levels, finds root cause of quality problems, owns/acts on quality problems.

    Education/Experience

    • Bachelor’s Degree or equivalent; minimum of 2-3 years in comprehensive commercial lending experience including strong financial analysis skills.
    • Proven track record generating and closing deals, building relationships, diagnosing clients’ needs, and executing strategies.
    • Excellent written and verbal presentation skills.
    • Firsthand knowledge of SBA’s Community Advantage 7(a) and 504 loan programs as well as economic development revolving loan funds would be ideal.

    Working Conditions

    General business hours are 8:00 a.m. to 5:00 p.m. Monday through Friday, though exempt positions will typically require work to be performed outside general business hours. Work is generally performed in an indoor, professional office environment.

    While performing the duties of this job, the employee is regularly required to sit and talk or listen, and regularly required to use a keyboard for typing. The employee is often required to stand and walk. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. The employee must travel to different locations and must be able to provide own transportation.

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    Job Type: Full-time

    Pay: $44,075.00 - $60,008.00 per year

    Benefits:

    • 401(k)
    • 401(k) matching
    • Dental insurance
    • Flexible spending account
    • Health insurance
    • Life insurance
    • Paid time off
    • Vision insurance

    Schedule:

    • 8 hour shift
    • Monday to Friday

    Work setting:

    • In-person

    Work Location: In person

  • 12 Days Ago

U
Loan Specialist (Commercial)
  • US Agriculture, Rural Development
  • Bangor, ME FULL_TIME
  • Duties Reviews and analyzes preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system. Prepares writt...
  • 1 Month Ago

C
Security Officer
  • Career Systems Development Corporation
  • Bangor, ME FULL_TIME
  • DescriptionBreaking the Cycle of Poverty…Our mission is to empower America’s at-risk youth by providing the career training and life skills needed to build and sustain a brighter future.The Security O...
  • 1 Month Ago

I
Junior Loan Officer
  • Integrity Mortgage, LLC
  • Portland, ME FULL_TIME
  • Our organization is currently seeking a talented and service-oriented junior loan officer. The successful candidate will have some experience in sales, exceptional communication and relationship-build...
  • 18 Days Ago

I
Mortgage Loan Officer
  • Integrity Mortgage, LLC
  • Portland, ME FULL_TIME
  • We are seeking an experienced mortgage loan officer with strong marketing, communication, and analysis skills to join our team and assist loan applicants in securing the ideal mortgage for their new h...
  • 20 Days Ago

N
Commercial Loan Officer
  • NorState Federal CU
  • Presque Isle, ME FULL_TIME
  • Title: Commercial Loan Officer Reports To: Vice President Commercial Services Role: Commercial Loan Officer will be responsible for originating and closing small to mid-size commercial loans. They wil...
  • 24 Days Ago

M
Broadband Specialist I
  • Mediacom Communications Corporation
  • Brookings, SD
  • Position: Broadband Specialist I Who we are: Since 1995, Mediacom Communications has become a coast-to-coast presence wi...
  • 3/28/2024 12:00:00 AM

P
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...
  • 3/28/2024 12:00:00 AM

A
Electrical Engineer (P.E.)
  • AKS Engineering & Forestry
  • Tualatin, OR
  • Job Summary: AKS Engineering & Forestry (AKS) has an immediate opening for an experienced licensed Electrical Engineer o...
  • 3/28/2024 12:00:00 AM

U
UKG Associate Programmer Analyst – Universal Epic Universe
  • Universal Orlando
  • Orlando, FL
  • Universal Orlando Resort believes in-person collaboration is key to our success. Many of our Team Members work in a hybr...
  • 3/28/2024 12:00:00 AM

M
Broadband Specialist I
  • Mediacom Communications Corporation
  • Chatfield, MN
  • Position: Broadband Specialist I Who we are: Since 1995, Mediacom Communications has become a coast-to-coast presence wi...
  • 3/28/2024 12:00:00 AM

M
Broadband Specialist I
  • Mediacom Communications Corporation
  • Creston, IA
  • Position: Broadband Specialist I Who we are: Since 1995, Mediacom Communications has become a coast-to-coast presence wi...
  • 3/28/2024 12:00:00 AM

M
Broadband Specialist I
  • Mediacom Communications Corporation
  • Dubuque, IA
  • Position: Broadband Specialist I Who we are: Since 1995, Mediacom Communications has become a coast-to-coast presence wi...
  • 3/28/2024 12:00:00 AM

C
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...
  • 3/25/2024 12:00:00 AM

To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is to the northwest. Maine is both the northernmost state in New England and the largest, accounting for almost half of the region's entire land area. Maine is the only state in the continental US to border only one other American state (New Hampshire to the South and West). Maine is the easternmost state in the United States in both its extreme points and its geographic center. The town of Lubec is the easternmost organized settlement in the United...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Community Development Loan Officer jobs
$69,698 to $116,505

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