Loan Officer


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Organization Local Intiatives Support Corporation (view profile)
Location New York
Classification Other
Job Type Full-Time
Date of posting 03/31/2014

Description

The Loan Officer will be responsible for evaluating the credit risk and managing the due diligence, underwriting and closing process of the EFFC’s charter school financings. As part of a team looking for new and innovative ways to help charter schools succeed in a challenging financial environment, the Loan Officer will use his/her strong underwriting and/or charter school operations background and analytical skills to support charter schools’ continued growth. The Loan Officer will report to the Director of the EFFC.

Principal Areas of Responsibility:
• Underwrite financing requests including collecting and screening applications; analyzing historical and projected financial performance, academic quality and management capacity; presenting loan recommendations to Credit Committee; and coordinating loan closing process.
• Collaborate with internal and external parties, including banks and other CDFIs, to structure financings.
• Offer support and technical assistance to the 30 LISC local program offices in the underwriting of facilities financings for charter schools.
• Contribute to the research and writing of EFFC publications, such as the Landscape series, as part of the EFFC’s ongoing dissemination of best practices in charter school facilities financing.
• Provide support to the EFFC’s Director in assessing and reporting on the EFFC’s performance to appropriate internal and external audiences, as needed.
• Assist with the asset management of LISC’s charter school portfolio, as needed.