Loan Program Director

McCIF

McLennan Community Investment Fund 

A Nonprofit Community Development Corporation 

JOB DESCRIPTION
Job Title: Loan Program Director
Reports to:  Executive Director
FLSA Classification:  Exempt / Full-time / At-Will  
Annual Salary: Compensation will be commensurate with qualifications and experience.  

Summary/Objective: 

McLennan Community Investment Fund (“McCIF”), a nonprofit community development financing entity that provides affordable financial products and development services to small businesses in economically distressed areas of McLennan County, Texas is seeking a qualified, experienced, and motivated leader to manage McCIF’s Loan Program.  McCIF places a high priority on communication, recognition, and collaboration, and the Loan Program Director must be aligned with our mission and provide the capable leadership we need to enhance our workplace culture. The Loan Program Director will be a key player in the fulfillment of McCIF’s mission and objectives.

Required Education, Experience, Licenses, and Background Check:

  1. Bachelor’s or Associate’s degree (preferred) or experience in marketing, business lending, servicing, closing, workout, and restructuring of loans.
  2. Valid Texas Drivers’ License and Personal Auto Insurance Policy.
  3. Acceptable background checks that include a credit check, driving record check, and criminal history check.

 

Personal, Skills, and Knowledge Requirements:

  1. Ability to make underwriting and operational decisions within guidelines established by the Board of Directors.
  2. Working knowledge of commercial lending practices and procedures, including record-keeping, with attention to detail.
  3. An understanding of the application of financial evaluation tools in the lending process.
  4. Excellent written and verbal communication skills.
  5. Ability to prepare and present accurate written and oral summaries of financial analyses of loan applications.
  6. Ability to work with clients to help them achieve their business financial funding goals.
  7. Ability to manage professional staff.
  8. Ability to cultivate and reinforce relationships across a wide spectrum of constituencies.
  9. Personal and professional integrity that guides all decisions and actions.
  10. Excellent organizational and problem-solving skills.
  11. Computer operating skills and typing skills.
  12. Knowledge and use of computer software such as Microsoft Office Suite (Word, Excel, PowerPoint, etc.), Zoom, and Google Suite.
  13. Use and maintain standard office equipment such as copier, scanner, fax machine, computer, presentation equipment, and calculator.
  14. Ability to write and create forms, letters, memoranda, and documents.
  15. Work independently and multitask with strong management and organizational skills.
  16. Ability to take initiative and focus on results.
  17. Exhibit a genuine personality that is polite, positive, and engaging with all clients, coworkers, and stakeholders.
  18. Ability to read, write, and speak Spanish fluently (desirable).
  19. Ability to follow McCIF’s company policies and procedures.

Major Duties and Responsibilities:

  1. Manage the Loan Program as outlined by the Board of Directors and policies of McCIF.
  2. Become knowledgeable of and ensure compliance with all federal, state, and local laws and regulations that govern, affect, or impact McCIF and its Loan Program.
  3. Responsible for processing, underwriting, closing, and servicing commercial loans.
  4. Individually or in cooperation with third-party providers, provide financial education services, e.g., business plan preparation, accounting assistance, software training, marketing plan preparation, credit counseling, and general business consultation.
  5. Meet goals for loan production set jointly with the McCIF Board.
  6. Work with the Executive Director to establish realistic metrics/goals.
  7. Successfully complete a predetermined number of weekly marketing and outreach contacts to inform businesses in our investment area of McCIF’s services, including small business loans and business development training.
  8. Develop and maintain monthly marketing and outreach initiatives to establish connections with loan officers and leaders in local banks while building and nurturing relationships to create a robust referral network for clients seeking loans but currently ineligible for traditional bank financing.
  9. Ensure all items necessary for underwriting, processing, and servicing loans are properly prepared and maintained in compliance with McCIF’s policies.
  10. Review loan packages for accuracy and completeness.
  11. When appropriate, assist clients with the presentation of applications for loan and supporting financial documents to other financial institutions.
  12. Adhere to McCIF’s core values, internally and externally, to demonstrate a commitment to those values.
  13. Develop and maintain positive relationships with all interested parties.
    Observe a culture of collaboration, transparency, and open communications throughout the organization.
  14. Develop and carry out a program of business development to increase the volume of loan applications and closings within McCIF’s mission as a Community Development Financial Institution.
  15. Assist in developing and carrying out marketing strategies to support the lending and business development programs.
  16. Participate in McCIF activities that maintain and enhance community visibility, such as public relations initiatives, networking programs, community events, and developing relationships and contacts with key staff at depository financial institutions, local governments, and other nonprofit organizations.
  17. Timely advise the Board of Directors of critical risks and/or crises that could adversely affect the organization.
  18. Handle client inquiries (both internal and external) in a professional and timely manner.
  19. Drive personal automobile as needed to fulfill the duties and responsibilities listed above.
  20. Other responsibilities and duties delegated by the Board of Directors from time to time.

 

Physical demands:

  1. Ability to work in a moderate- to fast-paced office working environment
  2. Ability to sit or stand for prolonged periods of time
  3. Ability to access and navigate all areas of the work environment
  4. Ability to lift a minimum up to 25 pounds at a time
  5. Ability to physically bend, push, pull, stretch, move hands, wrist, and fingers frequently
  6. Ability to work extended hours beyond normal business hours to meet goals and deadlines set by the McCIF Board
  7. Ability to drive personal automobile to appointments and programs with clients and contacts
  8. Ability to withstand brief periods of hot and cold weather conditions while commuting

Work authorization/security clearance required:

Must be eligible to work in the United States

Other Duties as Assigned:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice, and the team member may be asked to perform other duties as assigned.

Affirmative Action/EEO Statement: 

McCIF values diversity and believes in providing equal opportunity in who we hire, train, and promote in all positions without regard to race, color, religion, national origin, sex, age, disability, or any other protected status. We seek to ensure that decisions regarding compensation, promotions, benefits, and/or programs will align with our value of diversity. 

Tagged as: director, loan program, mccif, nonprofit

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