CDLI Director
Company: Community Development Long Island
Location: Melville, NY
Job Function: Lending/Loan Operations
Background
Community Development Long Island (CDLI), a regional nonprofit organization, was founded in 1969 by government, business, and civic leaders on Long Island who came together to address the growing demand for affordable housing. That strong tri-sector support continues today. We believe the one place that creates the greatest stability for all people is home, and everyone deserves the right to have one in a safe, supportive neighborhood of their choosing. CDLI serves Long Island’s most marginalized and compromised residents, and has continuously challenged itself to ensure it is the go-to organization for all things home with a focus on furthering fair housing goals and integration.
As an exemplary chartered member of NeighborWorks America – and the only NeighborWorks Organization on Long Island – CDLI is a nationally connected, locally focused organization, working to revitalize and build strong communities.
The organization meets a high standard of fiscal integrity and service performance, and its team of over 115 highly committed, community-centered professionals collectively manage a variety of programs across several areas of focus that address the dynamic challenges faced by those who live and work on Long Island. CDLI serves more than 25,000 individuals each year in Nassau County, Suffolk County, Brooklyn, and Queens.
CDLI is committed to Community Development and Housing for All, Economic Stability, and Advocacy because home matters for all people. The organization’s planning, decision-making, and programming nurture resident leadership and community ownership, inclusive community norms, and deep respect across racial, ethnic, and cultural differences. As an organization, we celebrate diversity, we support it, and we thrive on it for the benefit of our team members, our customers, and our community.
Summary
The Director of Lending will oversee all aspects of CDCLI Funding Corporation. This includes all current lending products, evaluate and ensure all underwriting and operational policies are up to date, assess the need for new and/or revised loan products to fill identified gaps within the within the Long Island community.
The Director of lending will oversee the lending team and review the loan process, evaluate loan applications and ensure compliance with regulatory requirements. In addition, they will manage Loan Officers who are responsible for originating, underwriting, and processing residential loans and will monitor and maintain loan portfolios, collaborate with departments to provide lending options for program clients, and communicate loan performance/trends with executive management.
Responsibilities
- Ensure compliance with all regulatory requirements and maintain up-to-date knowledge of lending regulations.
- Oversee and supervise Loan Officers, ensuring proper lending procedures are followed and exceptional customer service is delivered.
- Evaluate loan applications, structure terms to create loan proposals and steward the transaction through the closing process.
- Work with community leaders and banks at business development activities, creating a referral network.
- Develop and implement strategies to meet lending goals, while creating and updating policies for loan products.
- Manage the overall lending process for residential properties, ensuring accuracy in loan contracts and terms.
- Build and maintain strong relationships with clients, develop new business opportunities and ensure customer satisfaction.
- Monitor and analyze loan performance, making recommendations for improvements and adjustments to lending strategies as needed.
- Research and identify available lending capital.
- Represent CDLI Funding Corporation at the NYS CDFI Coalition.
- Represent CDLI Funding while participating in Neighborworks America’s Capital and Financial Management conferences and trainings.
This job description is not intended to be all inclusive and the employee will perform other reasonably related duties as assigned.
Requirements
- Bachelor’s degree in Finance, Business Administration, Accounting or related field.
- 5 years of experience in Lending (2 years in a nonprofit organization)
- 2 years of supervisory experience
- NMLS Certification required
- Proficient in Microsoft Suite (Outlook, Teams, Excel, Word, PowerPoint)
- Exceptional interpersonal skills, capable of working well with others
- Proactive, detail-oriented with strong organizational skills
- Strong research and analytical skills
- Bilingual preferred
Compensation and Benefits
$115,000 – $140,000
How to Apply
Please send your resume to Heather Carroll, SVP, People & Culture at [email protected]