Chief Lending Officer

Impact Development Fund (IDF) is a mission-driven, 501(c)(3) Community Development Financial Institution (CDFI) working to drive equitable community growth in underserved communities. We provide flexible capital to promote affordable housing, nonprofit community facilities, and energy-efficient commercial real estate. IDF is committed to transforming underserved communities through innovative financing and strong partnerships with public and private stakeholders. IDF also leverages bond financing, capital markets tools, and structured financial products to expand mission-driven lending capacity.

Position Summary

The Chief Lending Officer (CLO) is a key member of IDF’s executive leadership team responsible for the strategic direction, management, and performance of all lending activities. The CLO leads the design and execution of lending strategies to support IDF’s mission while ensuring sound credit practices, portfolio performance, and compliance with federal and third-party guidelines. This position directly supervises lending department staff and collaborates cross-functionally with asset management, operations, capital development, and finance teams.

This role demands a visionary leader with deep expertise in community development lending, credit analysis, and capital deployment strategies. The CLO will play a critical role in expanding IDF’s impact by overseeing lending operations, guiding underwriting practices, and fostering strong community and partner relationships.

The role also requires advanced experience in bond financing and underwriting, including primary and secondary-market bond issuance, and the ability to integrate capital markets strategies into commercial lending activities. The CLO will work closely with the CFO to align lending strategy with organizational liquidity, capital planning, and long-term financing structures.

• Serve as a member of the Executive Leadership Team, contributing to IDF’s strategic planning, organizational growth, and mission advancement.
• Set the strategic vision for all lending lines of business, including on- and off-balance sheet lending, affordable housing finance, nonprofit facilities, and green building initiatives.
• This includes oversight of bond supported loan programs, capital markets-informed lending strategies and complex commercial deal structuring.
• Lead the development and implementation of lending policies, risk frameworks, and operational procedures.
• Develop, monitor, and report on lending metrics, portfolio performance, and pipeline projections to the CEO and Board of Directors.
• Provide strategic guidance on bond issuance planning, pricing considerations, and secondary market dynamics that influence lending capacity and organizational risk exposure.
• Direct all aspects of IDF’s lending operations, including business development, credit analysis, underwriting, loan closing, and portfolio management.
• Oversee the full loan lifecycle for all commercial lending activities, ensuring consistent adherence to risk guidelines and regulatory compliance
• Maintain ultimate accountability for credit quality, loan loss mitigation strategies, and lending performance.
• Support and manage high-value or complex credit transactions and guide the structuring of creative financing solutions.
• Provide team training and guidance related to bond underwriting fundamentals, capital market concepts and commercial finance innovation.
• Lead, mentor, and support the Commercial Lending team, including direct reports and functional supervisors.
• Promote a collaborative, performance-driven culture with clear goals, coaching, and professional development.
• Ensure staff are trained and compliant with all internal policies and external regulations related to lending and underwriting.
• Promote cross-departmental alignment, ensuring lending functions are integrated with capital development, finance, and asset management operations.
• Collaborate with the CEO and Capital Development team to align lending products with available and anticipated funding sources.
• Design and refine financial products and loan structures to better serve IDF’s target…