Senior Loan Officer

Founded in late December 2021, Rochdale Capital is a certified Community Development Financial Institution (CDFI) whose mission is to promote cooperative and community ownership and provide access to capital and technical assistance in low-wealth communities.

• Promote the expansion of community ownership and cooperative principles.
• Advance asset building in low-wealth communities.
• Broaden access to capital by offering flexible, affordable financing.

Reporting directly to the Chief Lending Officer (CLO), Rochdale Capital is seeking a mission-driven Senior Loan Officer to lead loan underwriting, portfolio management, credit risk assessment, and borrower relationship management. This position is primarily responsible for evaluating new lending opportunities, conducting financial analysis, preparing credit recommendations, monitoring portfolio performance, and managing credit risk across the loan portfolio.

While the role includes maintaining referral relationships and participating in targeted business development activities, its primary focus is ensuring sound credit decisions, effective portfolio oversight, strong portfolio performance, and successful borrower outcomes. The ideal candidate possesses strong financial analysis skills, sound credit judgment, and experience evaluating, underwriting, and managing small business, nonprofit, commercial, affordable housing, or community development loans.

• Develop and maintain relationships with prospective borrowers, existing borrowers, referral partners, community organizations, and other stakeholders.
• Respond to loan inquiries and conduct borrower intake, screening, and prequalification.
• Represent Rochdale Capital at conferences, community meetings, industry events, and networking opportunities.
• Promote Rochdale Capital’s lending products, programs, and impact within its investment areas and place-based cities.
• Identify lending opportunities that align with Rochdale Capital’s mission and strategic objectives.
• Analyze financial statements, tax returns, cash flow projections, operating budgets, collateral information, and other underwriting materials.
• Assess borrower repayment capacity, management strength, project feasibility, business performance, and overall credit risk.
• Structure loan terms and conditions that meet borrower needs while aligning with organizational risk standards and mission objectives.
• Prepare comprehensive credit memoranda, financial analyses, and loan recommendations for internal review and approval.
• Present loan opportunities, transaction structures, and credit recommendations to management and the Loan Committee.
• Guide applicants through documentation requirements, eligibility criteria, and the lending process.
• Provide technical assistance and advisory support to borrowers to enhance loan readiness and financial capacity.
• Manage the loan portfolio and maintain regular communication with borrowers throughout the life of the loan.
• Monitor portfolio performance and identify potential risks, emerging issues, and early warning indicators.
• Review borrower financial reporting, covenant compliance, and other loan agreement requirements.
• Conduct annual loan reviews, risk assessments, and ongoing portfolio monitoring activities.
• Administer loan modifications, extensions, renewals, restructurings, and workout strategies when appropriate.
• Collaborate with borrowers and staff to address credit concerns and implement risk mitigation strategies.
• Conduct site visits and borrower meetings as needed to evaluate operations, project progress, and overall loan performance.

• Maintain accurate records in lending, CRM, loan…