Job Summary:
We are looking for a highly motivated, experienced lender with a background in community development finance, commercial real estate, or nonprofit housing/facility development and must possess excellent communication skills. The ideal candidate is also someone who understands the unique needs of the nonprofit sector, particularly nonprofit human service providers and affordable housing developers in the Intermountain West. The successful candidate must be a self-starter and must have the demonstrated ability to meet assigned goals successfully and on time. Finally, the candidate should enjoy working in an active and expanding nonprofit and thrive in a friendly, cooperative, and fast-paced environment.

The Community Development Loan Officer (LO) serves as a credit professional within NewWest and participates in the community development lending effort throughout the Intermountain West region. The position’s primary responsibilities are to source and underwrite highly complex financing requests and provide technical assistance to NewWest’s clients: nonprofit and for-profit organizations that are acquiring community facilities, developing affordable housing or engaging in economic development activities to meet the needs of low-income communities and underserved populations. The LO will also initiate and develop potential borrower relationships, and build and manage a base of referral sources and strategic partnerships to advance NewWest’s mission and impact.

Minimum Requirements

• Undergraduate degree in business, finance, urban planning or related field, graduate degree preferred.
• Minimum of five-years commercial real estate or multifamily underwriting experience, preferably in the field of community development.
• Experience structuring complex loan transactions.
• Excellent financial analysis skills with a demonstrated proficiency in MS Office Suite.
• Demonstrated excellent underwriting, analytical, database and reporting skills.
• Proven ability to generate client leads, manage a sales cycle and maintain business relationships.
• Superior judgment, attention to detail and deadlines.
• Excellent communication and organizational skills with a demonstrated ability to multi-task.
• Strong team player skills and ability to work effectively in a cooperative and diverse environment.
• Enthusiasm, entrepreneurial spirit, and a passionate commitment to work in community development.
• Great sense of humor.

Desired Qualifications, Skills and Experience

• Thorough understanding of and experience with affordable housing development or commercial real estate construction and asset management.
• Experience with Low-Income Housing Tax Credit and New Market Tax Credit transactions.
• Experience in consulting and technical assistance in real estate development and/or finance, preferably with nonprofit clients.
• Knowledge and experience with nonprofit community-based organizations in the Intermountain West.
• Understanding of nonprofit finance and management best practices.
• Experience developing and implementing new financing products.
• Understanding of and experience with community development lending and funding sources.
• Multi-language fluency.

Joining our team as a Loan Officer offers the opportunity to work in a dynamic environment where your skills will be valued. If you meet the qualifications above and are ready to take on this challenging yet rewarding role, we encourage you to apply.

Job Type: Full-time

Pay: $95,000.00 - $100,000.00 per year

Benefits:

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

Compensation package:

• Bonus opportunities

Payment frequency:

• Paid semi-monthly

Schedule:

• Monday to Friday

Work setting:

• In-person
• Office

Experience:

• Loan origination: 5 years (Preferred)
• Sales: 1 year (Preferred)

Ability to Commute:

• Boise, ID 83702 (Required)

Ability to Relocate:

• Boise, ID 83702: Relocate before starting work (Preferred)

Work Location: In person