Chief Lending Officer

Company: Cincinnati Development Fund

Location: Cincinnati, OH

Job Function: Lending/Loan Operations


Cincinnati Development Fund (“CDF”; is a sustainable, well-capitalized nonprofit lending institution which provides financing to real estate developers, businesses, and organizations that serve and create opportunities in neighborhoods throughout Greater Cincinnati. Underpinned by a disciplined yet growth-oriented culture, since its founding in 1988 CDF has provided innovative financing for real estate development projects that have strengthened low-income neighborhoods and improved lives. A staff of 15 passionate professionals operate in a hybrid office / remote environment from modern offices located in the historic Over-the-Rhine district of downtown Cincinnati.


The Chief Lending Officer (CLO) oversees all lending and related activity which is presently focused on: affordable housing and mixed-income developments, mixed-use developments in neighborhood business districts, access to capital for BIPOC developers and contractors, and facility financing for non-profit organizations..


Primary Responsibilities Include:

  • Lead/manage/support the Lending Team, which currently includes Loan Officers, Credit Risk Manager, Portfolio Manager, and Construction Manager.
    • The Loan Officers (3) generate leads, originate, and underwrite loans, present to loan committees, close loans, and monitor loan performance throughout the life of the loan.
    • The Credit Risk Manager is responsible for maintaining procedures and protocols for CDF’s loan portfolio to prevent or ameliorate loan losses and also engages in loan origination/underwriting as appropriate.
    • The Loan Portfolio Manager is accountable for proactive monitoring of CDF’s loan portfolio from pre-closing activities through loan payoff.
    • The Construction Manager oversees CDF’s portfolio of construction loans to ensure projects proceed on schedule within the construction budget and according to approved plans and specifications.
  • Work with President/CEO and Management Team (Chief Strategy Officer & General Counsel, Chief Financial Officer) to create/add/modify existing lending positions (above) as needed to ensure efficient and effective organizational alignment and to respond to organizational growth.
  • Create new lending and other financing products or programs to satisfy financing needs not currently met by traditional lenders and existing programs.
  • Contribute to development, implementation, and execution of CDF’s strategic plan.
  • Effectively communicate with President/CEO, Management Team, and CDF Board to share and gain information to promote cohesiveness and teamwork across the organization.
  • Create and foster effective, lasting relationships with community, government, and corporate partners. Participate in community events and opportunities as appropriate to represent CDF and its support of community development.



  • Passion for CDF’s mission
  • 7+ years’ experience in lending, credit risk management and/or commercial real estate financing with a particular emphasis on strong CRE credit analysis and underwriting skills
  • Experience building and leading a high-performing team
  • Superior organization and time management skills with attention to detail
  • Strong business acumen and the discipline to execute on plans
  • Excellent written and verbal communication skills
  • Four-year college degree in business, community development, finance, or a related field
  • Proficiency in Microsoft Office programs, including Word, Excel, Outlook, PowerPoint

Preferred Qualifications:

  • Knowledge of and experience with tax credit financing programs including LIHTC, HTC, and NMTC
  • Knowledge of and experience with affordable housing incentives including (but not limited to): CDBG, HOME, HUD/FHA programs.
  • Knowledge of and experience with economic development incentives including (but not limited to): TIF, Tax Abatements, Bond Financing, SBA Financing.


  • Positive attitude with strong interpersonal skills – able to work with people at all organizational/community levels
  • Ability to handle multiple priorities at once
  • Team player – committed to working in a collaborative, team environment
  • Nimble, able to pivot and respond to changing market conditions and community needs
  • Problem solver who looks for ways to say “yes”

Compensation and Benefits


  • See your efforts have a positive impact on low-income neighborhoods throughout our region
  • Engage with community partners, elected officials, developers, and banking leaders to find innovative ways to move projects forward
  • Compensation includes a target base salary is in the $165K – $185K range plus bonus potential and competitive benefits

How to Apply