Community Development Loan Officer jobs in Chicago, IL
Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
Recently Added Community Development Loan Officer jobs
Business Development Loan Officer
- The Inland Real Estate Group of Companies
-
Brook, IL
FULL_TIME
- Inland Green Capital is seeking an originator/business development officer for the origination of Property Assessed Clean Energy (PACE) project financing. PACE allows for commercial property owners to obtain financing to upgrade their commercial property with energy-saving improvements. Inland Green Capital provides financing to the property owners. The position of originator/business development officer is responsible for utilizing knowledge, training, and experience to assist the Company to solicit, originate, and facilitate the processing and closing of PACE financing transactions on behalf of clients. This position must be organized and very detail-oriented, good with numbers and have excellent customer service skills. CORE RESPONSIBILITIES: Demonstrates highest standards of personal and professional integrity, adheres to company’s policies and procedures, and complies with applicable laws, government rules and regulations. Assist the company to solicit, originate, and facilitate the processing, underwriting, and closing of PACE transactions. Follow up on incoming transaction leads, solicit leads, input transaction files into the company data system, prepare financing packages, and handle transaction paperwork. Underwrite transactions and prepare transaction packages for approval committee. Seek out additional information as necessary to complete a transaction such as appraisals, environmental reports, title reports, and due diligence reports. Review and update operating expenses; evaluate the financial strength of tenants, market rental rates, vacancies, and demographics. Perform complex financial modeling, analyzes the data and develops financial reports for approval, planning, forecasting, and trending and variance analysis to actual results on asset performance. Communicate with property owners and other transaction stakeholders on progress and missing documentation and other information. Assists the Company with marketing activities. Assists in the quality control of the asset portfolio along with internal reporting and compliance procedures. Assists in the preparation and tracking of the transaction pipeline. Assists in loan document reviews from application to final execution. Other duties as assigned. QUALIFICATIONS: Education: This position requires a Bachelor’s Degree in Business Administration, Finance or equivalent professional knowledge and/or work experience. Experience: This position requires at least 3 years of prior professional experience in PACE financing or commercial real estate lending. 3 years experience in real estate-related finance origination. Skills: Intermediate skills in Microsoft Word, Excel, Outlook are required for this position. Ability to multi-task and prioritize responsibilities and workflow. Strong organizational skills. Ability to work in a team as well as independently in a fast-paced environment. Excellent verbal and written communication skills. Excellent customer service skills with internal employees and external investors. Able to present transactions for approval to clients. We are a drug-free workplace. Pre-employment background checks and drug screening is performed on all new hires, in accordance with applicable laws and regulations. We are an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes. We are an E-Verify employer. Please click the following link to learn more.
- 8 Days Ago
Development Officer
- Esperanza Community Services
-
Chicago, IL
FULL_TIME
- Great Opportunity for Recent Graduate, Plus Work/Life Balance. Are you passionate about making a positive impact in the community? Esperanza Community Services is seeking a dynamic individual to fill ...
- 3 Days Ago
Manager, Community Outreach & Engagement
- The Federal Home Loan Bank of Chicago
-
Chicago, IL
FULL_TIME
- Join the FHLBC team!At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits pro...
- 1 Month Ago
Community Outreach Coordinator
- Excel Community Development Corporation
-
Chicago, IL
PART_TIME
- Excel Community Development Corporation is here to respond to the ever-changing needs of the community, either by direct service or referral to existing community organizations, to bring health, heali...
- 22 Days Ago
Loan Officer
- Paramount Residential Mortgage Group
-
Schaumburg, IL
FULL_TIME
- Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
- 1 Month Ago
Loan Officer
- Lennar Corporation
-
Dundee, IL
FULL_TIME
- Loan OfficerUS-IL-East DundeeJob ID: 2024-32732Type: Regular Full-Time# of Openings: 1Category: MortgageLENMORT - East Dundee ILOverviewLennar Mortgage is centered around personal growth, innovation, ...
- 27 Days Ago
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0 Community Development Loan Officer jobs found in Chicago, IL area
Human Resources Manager
- Hiring Now!
-
Chicago, IL
- Employee Type: Full time Location: IL Chicago Job Type: Human Resources General Job Posting Title: Human Resources Manag...
- 4/20/2024 12:00:00 AM
Electrical Engineer - Project Lead
- Sargent & Lundy
-
Chicago, IL
- Description: Project teams in our Energy & Industrial Group (EIG) support industry-leading projects in power generation,...
- 4/20/2024 12:00:00 AM
Mid-Level Energy Consultant -- Asset Management -- Hybrid
- Sargent & Lundy
-
Chicago, IL
- Description: This role offers a hybrid work arrangement. You will spend three days a week in the office, giving you the ...
- 4/20/2024 12:00:00 AM
Plant 3D/Revit Senior Mechanical Designer
- Sargent & Lundy
-
Chicago, IL
- Description: This position allows for a hybrid work schedule with a mix of work spent in office and working remote from ...
- 4/20/2024 12:00:00 AM
Project Manager -- Clean Energy Consultant
- Sargent & Lundy
-
Chicago, IL
- Description: This position is based on a hybrid work schedule and will require in-office work 3 days per week. Sargent &...
- 4/20/2024 12:00:00 AM
Summer Program Coordinator - Interns
- Art Institute of Chicago
-
Chicago, IL
- For more than 150 years, the School of the Art Institute of Chicago (SAIC) has been a leader in educating the world's mo...
- 4/20/2024 12:00:00 AM
Athletic Director
- Acero Charter Schools, Inc.
-
Chicago, IL
- OVERVIEW: Reports to: Chief Education Officer Salary: Competitive Salary and Benefits Location: Chicago, IL WE ARE ACERO...
- 4/18/2024 12:00:00 AM
Development Associate
- Illinois Facilities Fund
-
Chicago, IL
- Job Type Full-time Description Title: Development Associate Employee Status: Full Time Exempt Salary: Grade 2. This sala...
- 4/16/2024 12:00:00 AM
About Chicago, Illinois
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Community Development Loan Officer jobs
$76,015 to $127,057
Chicago, Illinois area prices
were up 0.8% from a year ago
were up 0.8% from a year ago
What does a Community Development Loan Officer do?
Community Development Loan Officer in Ventura, CA
Position Summary The Senior Loan Officer (SLO) serves as a key credit professional within ID-NV CDFI and leads the community development lending effort throughout the Intermountain West region.
December 21, 2019
Community Development Loan Officer in Fort Worth, TX
Based on our compensation data, the estimated salary potential for Community Development Loan Officer will increase 16 % over 5 years.
December 17, 2019
Community Development Loan Officer in Clarksville, TN
Any outside networking with outside referral sources should be handled in conjunction with the assigned branch partners as well as with the district CDB Compliance Officers and/or CDB Compliance Regional Managers when possible.
February 18, 2020