Program Officer, Lending

Responsibilities

• Conduct due diligence and financial analyses, draft credit memoranda, and present loan recommendations to LISC's national Lending staff and Credit Committee, or those of respective affiliates, as applicable. Manage closing process with in-house and external counsel.
• Manage the deployment of capital and reporting to funders on local revolving loan funds, such as the KC Predevelopment Fund, NE Preservation Fund, and additional funds under development.
• Lead the origination and deployment of capital from the KC Regional Housing Fund in coordination with the Executive Director, LISC colleagues from affiliates and/or national Lending staff, as well as partners involved with the Regional Housing Partnership.
• Work with community development partners to help them craft financing strategies, access public subsidies, and secure private financing to assure successful project execution.
• Evaluate mission alignment of proposals, management capacity of entities, organizational structure, and financial feasibility.
• Develop and implement a local lending strategy which responds to unmet needs in the housing, commercial, and small business markets and work with other LISC staff to design appropriate programs, applications, and collateral.
• Originate loans that bolster LISC KC's investments with local programming and initiatives.
• Develop strategic collaborations with public sector agencies at the local level.
• Work with LISC national and local staff, stakeholders, and funders to identify challenges and opportunities for risk mitigating strategies, including reserves, guarantees, and other forms of credit enhancement.
• Support LISC national and local staff's small business lending initiatives.
• Represent LISC as an expert on community development lending and share best practices to community partners and stakeholders, as well as at regional and national conferences, trainings, and events. In person attendance at meetings and events is a required dimension of this work.
• Perform all other duties as assigne

Benefits

Additional Information

LISC is one of the country's largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close gaps in health, wealth, and opportunity so that people and places can thrive. We do this by acting as a conduit for grants, loans and equity--and by providing technical assistance and capacity building--to locally rooted organizations that carry out the work in communities. Position Description LISC Greater Kansas City seeks a self-motivated and skilled lending professional passionate about affordable housing, economic development, and strengthening communities for a Program Officer (PO) position. This individual will be responsible for coordinating the deployment of LISC loan capital to communities experiencing lower incomes and for developers and entrepreneurs who have previously experienced challenges accessing capital. This person should have expertise in community development, finance, real estate development and/or lending fields. The Program Officer will help to grow LISC Greater Kansas City's lending pipeline, from loan origination, to underwriting, closing, and asset management to support LISC's strategic priorities and comprehensive approach to community development. This person must have the capacity to simultaneously work on multiple tasks, set priorities for a challenging workload with great organization, initiative, attention to detail, and timely follow-through, as well as high standards for accuracy and efficiency. The Program Officer reports directly to the Executive Director (or Deputy Director) and collaborates with fellow LISC staff to structure and deploy mission-based capital to create opportunities for all in our region.

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