Community Development Loan Officer

Company: New Jersey Community Capital

Location: New Brunswick, NJ

Job Function: Lending/Loan Operations


New Jersey Community Capital (NJCC) is a community development financial institution with a mission to create thriving communities through strategic investments and knowledge. Fulfilling the needs and improving the quality of life of low- and moderate-income families and individuals would not be possible without our talented staff and motivating environment. NJCC embraces diversity and equal opportunity in a serious way. We are dedicated to forming a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.


The Community Development Loan Officer is primarily responsible for originating, underwriting, closing, and management of loans and client relationships that promote NJCC’s mission and demonstrate community impact. The CDLO will work with the Lending team to ensure that existing products and services are relevant to market needs and develop new products and services as needed.


  • Manage entire loan lifecycle, including due diligence, credit underwriting, credit approval, loan closing, and management of client relationships. Independently handle key activities that are core to loan underwriting.
  • Employ a creative, solutions-oriented approach to deal structuring and loan analysis.
  • Actively maintain relationships with new and existing borrowers, key stakeholders, financial partners, other CDFIs, referral sources, and other NJCC constituents to increase NJCC’s visibility in low- and moderate-income communities. Consistently provide excellent client services and maintain long-lasting relationships.
  • Originate loans and review credit quality of existing loans that are consistent with NJCC’s mission and in compliance with NJCC’s loan policies and capital resources to meet annual loan production goals and objectives.
  • Work with clients to gather financial, operational, and organizational materials in preparation of loan applications.
  • Address any credit quality issues of existing loans in an expeditious and appropriate manner to mitigate potential loan losses.
  • Conduct loan/project underwriting and due diligence, creating a clear and compelling narrative of loan strengths, weaknesses, and mitigating factors.
  • Work with Loan Closing Officer in preparation of commitment letters and review of loan closing documents.
  • Identify projects and organizations located in low-moderate-income communities or that provide services to LMI community residents that would benefit from NJCC’s existing products and services. Identify women and minority-owned businesses for financing opportunities.


  • Bachelor’s degree or equivalent experience required; advanced degree in business or related field preferred.
  • 3+ years of experience in commercial development (?) lending or related field with experience in real estate or small business lending.
  • Strong Excel modeling skills.
  • Experience managing and prioritizing multiple projects with competing deadlines.
  • Knowledge of community development financing and state and local subsidy programs preferred.
  • Strong financial and analytical skills.
  • Excellent verbal and written communication, presentation, and interpersonal skills.
  • Demonstrated ability to build, manage, and strengthen client relationships.
  • Ability and willingness to travel throughout New Jersey to meet with clients, stakeholders, and community development professionals.
  • Results-oriented with ability to work independently and handle multiple tasks.
  • Ability to speak Spanish is considered a plus.
  • NJCC’s policy requires individuals to work from the office and involves up to 20% travel outside of the office.
  • COVID-19 Vaccine Required: As of the first day of employment, you must be able to demonstrate proof that you are fully vaccinated (as defined by the CDC) against COVID-19, unless you are granted a medical or religious exemption in accordance with company policy.

Compensation and Benefits

We offer a competitive nonprofit annual salary based on experience and skills, as well as a generous benefits package, including health, dental, disability and life insurance after 30 days of service; 401(k) retirement plan after a year of service; flexible spending accounts, including medical, dependent care, and transportation; and 25 paid leave days, including sick and personal days plus 13 paid holidays.

How to Apply

Please apply and submit your resume here: