Director, Lending and Investing, MidAtlantic

Company: Deborah JanFrancisco, HR Generalist & Talent Acquisition

Location: Baltimore, MD

Job Function: Lending/Loan Operations


About Reinvestment Fund

Headquartered in Philadelphia, Reinvestment Fund operates nationally with regional offices in Baltimore, MD, and Atlanta, GA. Reinvestment Fund is a national mission driven financial institution that creates opportunity for underserved people and places through partnerships. We marshal the capital, analytics, and expertise necessary to build strong, healthy, and more equitable communities.

As a federally certified community development financial institution (CDFI), our job is to make finance an agent of positive change and equitable growth. We provide loans, grants and technical assistance to businesses and nonprofits. Our borrowers and grantees educate students, support local economies, and create jobs. They build affordable housing and provide community goods and services that include access to nutritious food, hunger relief, physical and mental health care, and other social services.

At Reinvestment Fund, you’ll be part of a talented and passionate team of communicators and business development staff, lenders, portfolio managers, analysts, grant program managers, accountants, and policy researchers who bring their unique talents to our mission.

Reinvestment Fund is currently undergoing a multi-year race, equity, and inclusion organizational change process, and we are seeking candidates who share a commitment to advancing racial equity and anti-racism and are prepared to engage in that work.



Work Location

Reinvestment Fund provides a flexible work arrangement that is a hybrid home/office work arrangement. It is anticipated that a combination of working remote and two days in the RF office location will allow for face-to-face interactions. Depending on the nature of the job, a more flexible work schedule may be considered.

About the Position

Reinvestment Fund is currently hiring a Director, Lending & Investments within the lending and investment department, who will be an integral member of the MidAtlantic region originations team. The Director will be responsible for cultivating client relationships through the complete lifecycle of a loan, from client acquisition, underwriting, closing and relationship management, primarily for community facility and bridge loans including but not limited to arts and culture facilities, charter schools, youth development facilities, and affordable for-sale and rental housing. Loan responsibilities will also include leverage source loans for New Markets Tax Credit Transactions and permanent loans.



This individual will be responsible for a volume of annual originations, but more importantly for ensuring that the loans and relationships are consistent with the mission of Reinvestment Fund. The Director, Lending & Investments will report to the Regional Director, Lending & Investments for the MidAtlantic region.


  • Structure loans, negotiate loan terms with potential borrowers, underwrite and close potential loans as assigned. This position will have a particular focus on underwriting transactions located in the City of Baltimore, Maryland and the Washington, D.C. region, but will also have regular opportunities to work across geographies as demand requires.
  • Review and interpret third party due diligence reports, including appraisals, market assessments, plan and cost reviews, and environmental reports to determine transaction viability, and appropriate loan structure.
  • Work with current and potential customers to develop pipeline of projects and loans for underwriting.
  • Prepare credit approval memos and present to approval authorities, including Senior Management as required under Loan Policy.
  • At the direction of Regional Director, maintain and represent Reinvestment Fund in relationships in the region including business community, non-profit and CDFI partners, philanthropy, etc.
  • Understand local market trends, opportunities and challenges and communicate that analysis to internal and external stakeholders.
  • Manages the closing process, including working with Loan Closer and external counsel, and the collection, review, approval and execution of all closing items, often within short timelines.



RF is Seeking Lending Professionals with the Following: 

Originations requires a high level of independent, analytical work, strong interpersonal skills and good judgment. Staff juggle several projects at a time and regularly adjust priorities based on new deadlines. Staff are expected to be flexible and accountable to the team. They are supported by a collaborative, collegial environment and responsive management.

Qualified candidates should have either financial industry background, experience in commercial lending, or experience in community and economic development as well as outstanding organizational skills. Strong analytical skills in mission areas such as housing policy outcomes, commercial real estate management or the arts can supplement less financial background. The successful candidate will have a track record of working collaboratively on projects and will have a demonstrated affinity for working in a team setting. Successful applicants will be passionate about using finance as a tool to change people’s lives for the better.

The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations will be made to enable individuals with different abilities to perform the essential functions.

Education and Experience

  • Undergraduate degree in finance, economics, city planning, or other related fields preferred but not required. Equivalent non-academic experience may also be considered if that experience is in the industries to which we lend.
  • 3 to 5 years of lending experience, with at least two years of community development, multi- family, real estate underwriting responsibilities required.

Specialized Skills


  • Experience creating and communicating complex business and financial analysis including formal writing and oral presentation to decision-makers.
  • Experience reviewing construction budgets, project plans, appraisals, inspection reports and other real estate documents.
  • Ability to effectively synthesize information, organize logical arguments and summarize key points.
  • Experience performing analysis and modeling in Excel.
  • Ability to draw conclusions from financial and market data to make sound recommendations regarding credit risks.
  • Must share a commitment to advancing racial equity and anti-racism and willingness to engage in that work to advance Reinvestment Fund’s mission


  • Experience working with borrowers to problem solve and structure loans that meet potential borrower and project needs as well as mitigate our risk and maximize capital sources available.
  • Experience reviewing legal documents such as leases, mortgage notes, contracts, etc.
  • Experience working with diverse people and community-based organizations.
  • Experience with affordable housing subsidy programs, New Markets Tax Credits, historic tax credit programs and other economic development tools.


Reinvestment Fund uses E-Verify to validate all new hires’ ability to legally work in the United States. Reinvestment Fund is an Equal Opportunity Employer. Reinvestment Fund does not discriminate in hiring or employment practices on the basis of race, color, religion, gender, age, sexual orientation, marital or familial status, national origin, non-job-related disabilities, or status as a veteran.

Reinvestment Fund, Inc. has an affiliate, RF Impact Advisers, Inc. (“RFIA”) that is a state-registered investment adviser. In order to advance compliance with and prevent violations of federal and state securities laws and to avoid even the appearance of a conflict of interest, RFIA has adopted a Code of Ethics to govern certain conduct of its staff, including certain staff of Reinvestment Fund because Reinvestment Fund is an advisory affiliate of RFIA. As part of this Code of Ethics, there are specific personal reporting and other requirements and disclosures of personal financial and/or securities transactions information. For certain individuals this reporting will extend to your household members. You may be subject to a background check.

COVID-19 Vaccination Policy: We value the safety and well-being of our Reinvestment Fund Community, which includes staff and beyond. As such, our team has chosen to require all staff, interns, and contractors to be fully vaccinated (1-2 primary shots, 1 booster) as a contingency of employment.


Compensation and Benefits

Reinvestment Fund offers a competitive salary based on experience and skills, as well as an excellent benefits package including employer-paid health, disability and life insurance, 401(k) retirement savings plan with employer match, flexible spending accounts (medical, dependent care), commuter benefits, tuition reimbursement, paid time off, and EAP program.


How to Apply

Apply to: Director, Lending & Investing, MidAtlantic