Vice President of Lending

Company: Mercy Community Capital

Locations: Denver, CO; , All

Job Function: Lending/Loan Operations


Mercy Community Capital serves affordable housing communities by providing reliable, flexible funding to socially-responsible community developers in support of affordable housing and essential community infrastructure projects. By collaborating with socially-responsible developers, Mercy Community Capital has helped finance the development of single and multifamily homes for rental and homeownership. These developments aid a variety of people, including low-income families and individuals, the working poor, seniors, farm workers, formerly homeless individuals and people with special needs.


Oversee all of the lending function at Mercy Community Capital (MCC), including: supervision, underwriting, closing, and business development. Responsible for aligning the lending vision with the business strategy. Responsible for the supervision of the Loan Officer(s), Loan Review Committee and any external underwriting consultants or interns.


  1. Represent MCC to the public; market MCC’s loan products.
  2. Responsible for managing, maintaining and analyzing all aspects of MCC’s lending. Monitor loan volume to meet annual goals. Work closely with President to ensure the loans being made are within the guidelines of our policies and are true to our mission.
  3. Hire and manage any new employees or external underwriting consultants. Directly supervise assigned staff in daily operations. Provide training for and coaching of existing and new staff to ensure continued development and progression of knowledge and skills.
  4. Lead the Loan Review Committee through decision-making. Bring in new members as needed, prepare follow-up report prior to meetings, communicate regularly with existing members and work closely with Chair.
  5. Determine the workflow for loan officers by monitoring the inquiries and review work of the loan officers prior to review by the President.
  6. Handle business development both for new clients as well as maintaining current relationships. Strategically plan business development trips and meetings when needed. This shall include peer CDFI organizations.
  7. Work with President to identify unfilled borrower needs, competition, and lending opportunities. Adept at analytical thinking and creative, innovative yet prudent problem-solving.
  8. Lead a team that accurately assembles and maintains complete electronic loan files. Verify that complete Closing Transcript has been received from legal counsel or assemble the Closing Transcript when legal counsel is not retained.  Communicate salient deal points to MCC Asset Manager who will service the loan.
  9. Assist and maintain lending budget.
  10. Oversee the entire liquidity process related to outgoing funds, working with the Senior Portfolio Manager to ensure there is adequate capital to meet upcoming loan demand. This process is formalized through monthly liquidity report meetings with senior level MCC and Mercy Housing finance staff.
  11. Bring into action the lending strategy and ensure improvements and efficiencies regularly. Lead appropriate annual recommendations and processes to President and LRC of changes to MCC lending policies, which must be approved by the MCC Board.


EDUCATION: Bachelor’s degree in accounting, finance, economics, business, real estate, urban planning, or related field preferred. Master’s degree, such as an MBA, is preferred.

EXPERIENCE: Minimum of seven (7) years of real estate experience in lending, development, or asset management, including debt structuring, project/loan monitoring, risk assessment, and workouts.  Minimum of two (2) years of supervisory duties.


  1. In-depth understanding of financial reports. Create cash flow models and ability to effectively analyze complex financial statements.
  2. Flexibility to work in a complex and changing organization and adapt to changes in structure and work priorities.
  3. Project management and supervisory skills with team orientation to drive achievement of departmental goals and high attention to detail. Exhibit mature judgment in complex situations.
  4. Superior verbal and written communication skills with consistent grammatical accuracy. Communicate vision and strategy into actionable items.
  5. Proficiency in Microsoft Office (Word, Excel, Outlook) and database software (Northridge).
  6. Build relationships with borrowers and other CDFIs to encourage them to work in partnership with MCC.
  7. Prioritize deadlines / tasks, work quickly, and identify and act on issues of importance, make independent decisions and work unsupervised.
  8. Treat a variety of people with respect and compassion.
  9. Represent Mercy Housing in a professional manner at all times.
  10. Understand and support the mission and values of Mercy Housing.

Compensation and Benefits

Pay: $145,000-175,000/salary DOE


  • Generous PTO (15 days of accrued PTO first year, 12 company + 2 floating holidays, 1 week of winter office closure, paid volunteer time).
  • Early-close Fridays. 3 paid hours off early each Friday.
  • Health, Dental, Vision, and Pet Insurance.
  • 403b + match, Employee Assistance Program, and much more.

How to Apply

Vice President, Lending – Denver Office | Mercy Housing, Inc. (