CDF Underwriting & Loan Service Specialist

Company: NCRC Community Development Fund

Location: , All

Job Function: Underwriting


Our mission is to help bridge the racial wealth divide by supporting entrepreneurship and affordable homeownership in America’s underserved communities. We are a 501c3 nonprofit and U.S. Treasury Certified CDFO.


NCRC CDF is seeking an Underwriting & Loan Service Specialist who is an exceptional multi-tasker that is goal-oriented and highly detailed. The Underwriting & Loan Service Specialist will oversee a high volume of small business loan inquiries from application through underwriting, funding, and post-closing activities, manage existing borrower customer support and provide overall program support within the small business and affordable housing programs.

This position offers a hybrid working environment from our offices on 15th Street in downtown Washington, DC, near The White House. All DC-based staff must come into our office up to 3 days per week. Staff is given the flexibility of 2 days per week for remote work.

Salary: $65K, commensurate with experience





• Analyze financial data related to loan requests.

• Evaluate loan documents to ensure accuracy and completeness.

• Perform risk assessments on potential loan recipients based on credit rating, borrowing history, and other

specific risk factors.

• Record loan denials and specific basis for declining applications.

• Monitor and report noncompliance with loan covenants.

• Maintain client relationships and provide superior customer service.

• Assist with technical underwriting issues and questions.

• Review loan documentation and vendor reports to identify signs of fraudulent activity.

• Help develop and implement underwriting policies and procedures.


Annual conference participation and support and other duties as assigned by ED.



Communication: Demonstrated ability to communicate effectively both verbally and in writing.

Writing: Exceptional written skills, including the ability to write content, including articles, white papers, blog posts, and social posts, and to manage professional correspondence with third parties.

Organization: Adept at creating and implementing systems for the organization, individually and departmental.

Initiative: Demonstrated a sense of personal initiative with a willingness to anticipate the needs of ED and the department.

Prioritization: Ability to be flexible, transition, and re-prioritize based on the day’s needs while maintaining a big-picture view.


  1. Fluency in additional languages is strongly preferred, with a preference for fluency in Spanish, Mandarin, Somali,
  2. Arabic, Farsi, and/or Amharic
  3. Applied knowledge of underwriting fundamentals and standard industry practices
  4. Understanding of basic financial principles and processes
  5. Knowledge of federal, state, and local regulatory requirements
  6. Ability to maintain confidentiality
  7. Strong analytical skills and attention to detail
  8. Excellent communication and negotiation skills
  9. Ability to multitask and work under pressure to meet strict deadlines
  10. Bachelor’s degree in Business, Finance, Accounting, or a related field
  11. 3-5 years of underwriting or credit and risk analysis experience preferred
  12. Experience with underwriting automation tools preferred
  13. Demonstrated proficiency with Microsoft Office (Excel, Outlook)

Compensation and Benefits

This position offers a remote working environment.

Salary: $65K, commensurate with experience

How to Apply

Apply here.