Credit

Blue Hub Capital is a mission- driven, nonprofit community development financing organization focused on building healthy communities where low-income people live and work. We use innovative financial tools and deploy capital to support projects that make communities more vibrant places to live. Blue Hub has four distinct programs:
Blue Hub Loan Fund (community development financing), Blue Hub SUN (foreclosure relief), Blue Hub Energy (clean energy access) and One Percent for America (citizenship financing). Since our founding in 1985, Blue Hub has invested over $3.1 billion (and leveraged over $16.1 billion) to finance:

• Affordable housing,school facilities,childandyouthdevelopmentprograms,community-basedhealthcenters,grocery stores,andcommunitygatheringplaces
• ReducingfinancialbarrierstoUScitizenship
• Cleanenergyenhancementsthatexpandaccesstosolarandotherrenewablesourcesforpeoplewithlowincomes

Increasingeconomicopportunityisattheheartofwhy Blue Hubexistsandwhywedotheworkwedo .Ourinvestmentsfocusoncommunitiesthathavebeensystematicallydeniedaccesstocapital.

Ourofficesarelocatedinthe Roxburyneighborhoodof Boston ,MA.Tolearnmoreabout Blue Hub Capital ,please visit,(Use the "Apply for this Job" box below). .

Blue Hub Capitalisseekinga Director of Credit
tojoinour

Lending team.

Reportingtothe Chief Credit Officer ,theDirectorof

Creditwillplayakeyleadershiproleinmanagingthecreditapprovalandoversightprocess,ensuringtheintegrity,consistency,andefficiencyofcreditdecisionsacross

BlueHub’slendingprograms.

Thispositionoverseestheloanapprovalprocessfrom Credit Committeeor Chief Credit Officerapprovalthroughtheissuanceof Loan Approval Notification Letters ,coordinates

Credit

Committee operations,andcontributestoriskmanagement,training,andcreditpolicydevelopment.

Theidealcandidatewillbringstronganalyticalskills,sound judgment,andacollaborativeapproachtoadvancing

BlueHub’smission-drivenlendingwork.

Theidealcandidateisaseasonedcreditanalystorfundadministrationprofessionalwithastrongcommandofcommunitydevelopmentfinance,andcreditpolicy.

Thisrolewillbetheliaisontotheloanclosersandportfoliomanagementteam.

Weareseekingacandidatewhoislocaltothe Boston,MAareaandcomfortableworkingahybridscheduleofthreedaysofworkintheoffice(Tuesday,Wednesday,Thursday) andtwodaysofremotework(Monday&Friday).Wewillconsiderout-of-statecandidatesonacase-by-casebasis.

Theessentialdutiesandresponsibilitieswillinclude,butnotbelimitedto,the following:

Chief Credit Officer Support

• Providedirectadministrative,analytical,andoperationalsupporttothe
  
  Chief Credit Officer .
• Prepare research,briefings,andmaterialstosupportcreditstrategyanddecision-making.

Loan Approval Reviewand Approval of Loan Approval Term Sheets

• Reviewandsignoffonrevisionstothe Credit Memosinconcurrencewith Loan Approval Committeeor Chief Credit Officer /Loan Fund Presidenttomatchrequestedfollow -upand/orMinutesofthe
  
  Meetingthatrequirechanges.
• Coordinatewithloanunderwriterstofinalizerevisions,andmakerecommendationstothe
  
  Chief Credit Officeronrevisionstoapprovalconditionsbasedonnew /updatedinformationrelatedtotheloanrequest.
• Reviewandapprove Term Sheetsforloansapprovedthroughcommitteeordelegatedauthority .

Communications&Training&Professional Development

• Support the Chief Credit Officer and Loan Fund Presidentwithcreditdecisionspost -loanapprovalwhennewinformationorchangesoccurbycompletingcreditanalysisandcommunicatingrecommendationsonloanstructuretothe
  
  Chief Credit Officerandotherrelevantparties .
• Coordinatewiththeloanfundteamtosupportthe Credit team’sinternaltrainingcalendar,organizingsessionsfocusedoncreditpolicy,underwritingbestpractices,regulatory updates,andcommunitydevelopmentfinancetopics.
• Coordinatingwiththeloanfundteamidentifyindustryexperts,practitioners,andexternalspeakerstocreditteammeetingsandlearning…