Neighborhood Housing Services Of New York City Inc
Director of Lending
Neighborhood Housing Services Of New York City Inc, New York, New York, us, 10261
Position Summary:
The Director of Lending oversees the development, execution, and management of lending programs that support community development and affordable housing. This role is responsible for establishing lending strategies, managing underwriting standards, and leading a team to provide efficient, mission-driven financial solutions. The Director of Lending collaborates with cross-functional teams, external partners, and community stakeholders to ensure alignment with organizational goals and regulatory compliance.Essential Duties and Responsibilities:
Develop and implement a comprehensive lending strategy that aligns with the organization’s mission and financial objectives.Lead, mentor, and manage the lending team, setting performance goals, conducting evaluations, and supporting professional development.Identify market opportunities and innovate lending products to meet community needs, with an emphasis on affordable housing and economic development.Oversee the underwriting process, ensuring loans meet risk standards and compliance requirements.Monitor loan portfolio performance, managing risk, delinquency, and other key performance indicators.Build and maintain relationships with developers, nonprofit organizations, financial institutions, and other community partners.Act as a representative of the organization, promoting lending products and services that support affordable housing and community growth.Ensure that lending programs align with community needs and contribute to equitable economic development.Ensure compliance with local, state, and federal regulations, as well as internal policies.Prepare and present reports on loan performance, risk assessment, and impact to senior management and the board of directors.Develop and oversee internal controls to mitigate risks and ensure transparency in all lending activities.Minimum Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.Proficiency in credit analysis, underwriting standards, and financials.Knowledge of CRA, CDFI, and other community development programs.Strong interpersonal skills and ability to work effectively with diverse stakeholders.Bachelor’s degree with five years (+) underwriting experience in corporate, consumer, mortgage or private banking lending or credit risk analysis.Must be eligible to meet requirements under the S.A.F.E Act.Experience working with low-to-moderate income populations, and/or community outreach.Proficiency using Ellie Mae Encompass, Excel, and Word, with a familiarity of standard concepts, practices, and procedures within the lending field.Pipeline management experience is required.Two years of experience in a supervisory role.Experience working with HUD, FHA, and Conventional loans.Strong underwriting skills and ability to independently understand and communicate complex credit issues and analyze credit risk.Understanding of basic financial principles and processes.Applied knowledge of underwriting fundamentals and standard industry practices.Ability to work independently and handle multiple projects.25% travel throughout New York City will be required.Bilingual in Spanish/English preferredSelf-Starter.Knowledge, Skills, Abilities and Other Characteristics:
Communication: strong interpersonal and communication skills, actively listens to needs of callers and presents ideas and thoughts clearly and concisely.Analytical Skills: Able to structure and process qualitative or quantitative data and draw insightful conclusions from it. Exhibits a probing mind and achieves penetrating insights.Teamwork: Reaches out to peers and cooperates with supervisors to establish an overall collaborative working relationship.Critical Thinking: Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.Positive Attitude: Finds the most effective and efficient way to complete tasks, regardless of obstacle, while continually offering support to peers through quality teamwork.Flexibility/Adaptability: able to accept change and engage it.Active/Continuous Learner: recognizes own strengths and weaknesses and actively seeks skills, techniques, and methods to develop and enrich.Multitask: excellent time management and organizational skillsStrong computer skills with experience in Microsoft Word, Outlook, and Excel.Benefits
NHSNYC offers a generous benefits package, including health coverage, short- and long-term disability, vision, dental, transit, a 403B plan, and vacation time.Neighborhood housing Services of New York Inc. is proud to be an equal opportunity employer, and we seek candidates who desire to work in and serve an ethnically diverse population.
The Director of Lending oversees the development, execution, and management of lending programs that support community development and affordable housing. This role is responsible for establishing lending strategies, managing underwriting standards, and leading a team to provide efficient, mission-driven financial solutions. The Director of Lending collaborates with cross-functional teams, external partners, and community stakeholders to ensure alignment with organizational goals and regulatory compliance.Essential Duties and Responsibilities:
Develop and implement a comprehensive lending strategy that aligns with the organization’s mission and financial objectives.Lead, mentor, and manage the lending team, setting performance goals, conducting evaluations, and supporting professional development.Identify market opportunities and innovate lending products to meet community needs, with an emphasis on affordable housing and economic development.Oversee the underwriting process, ensuring loans meet risk standards and compliance requirements.Monitor loan portfolio performance, managing risk, delinquency, and other key performance indicators.Build and maintain relationships with developers, nonprofit organizations, financial institutions, and other community partners.Act as a representative of the organization, promoting lending products and services that support affordable housing and community growth.Ensure that lending programs align with community needs and contribute to equitable economic development.Ensure compliance with local, state, and federal regulations, as well as internal policies.Prepare and present reports on loan performance, risk assessment, and impact to senior management and the board of directors.Develop and oversee internal controls to mitigate risks and ensure transparency in all lending activities.Minimum Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.Proficiency in credit analysis, underwriting standards, and financials.Knowledge of CRA, CDFI, and other community development programs.Strong interpersonal skills and ability to work effectively with diverse stakeholders.Bachelor’s degree with five years (+) underwriting experience in corporate, consumer, mortgage or private banking lending or credit risk analysis.Must be eligible to meet requirements under the S.A.F.E Act.Experience working with low-to-moderate income populations, and/or community outreach.Proficiency using Ellie Mae Encompass, Excel, and Word, with a familiarity of standard concepts, practices, and procedures within the lending field.Pipeline management experience is required.Two years of experience in a supervisory role.Experience working with HUD, FHA, and Conventional loans.Strong underwriting skills and ability to independently understand and communicate complex credit issues and analyze credit risk.Understanding of basic financial principles and processes.Applied knowledge of underwriting fundamentals and standard industry practices.Ability to work independently and handle multiple projects.25% travel throughout New York City will be required.Bilingual in Spanish/English preferredSelf-Starter.Knowledge, Skills, Abilities and Other Characteristics:
Communication: strong interpersonal and communication skills, actively listens to needs of callers and presents ideas and thoughts clearly and concisely.Analytical Skills: Able to structure and process qualitative or quantitative data and draw insightful conclusions from it. Exhibits a probing mind and achieves penetrating insights.Teamwork: Reaches out to peers and cooperates with supervisors to establish an overall collaborative working relationship.Critical Thinking: Uses logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.Positive Attitude: Finds the most effective and efficient way to complete tasks, regardless of obstacle, while continually offering support to peers through quality teamwork.Flexibility/Adaptability: able to accept change and engage it.Active/Continuous Learner: recognizes own strengths and weaknesses and actively seeks skills, techniques, and methods to develop and enrich.Multitask: excellent time management and organizational skillsStrong computer skills with experience in Microsoft Word, Outlook, and Excel.Benefits
NHSNYC offers a generous benefits package, including health coverage, short- and long-term disability, vision, dental, transit, a 403B plan, and vacation time.Neighborhood housing Services of New York Inc. is proud to be an equal opportunity employer, and we seek candidates who desire to work in and serve an ethnically diverse population.