Loan Officer, Northeast Region

Loan Officer, Northeast Region

NY Office Location, New York, NY, US

4 days ago Requisition

Salary Range: $ To $ Annually

Report to Director - Northeast Region.

Job Summary:

The Loan Officer is based in New York City and serves the NYC metro, NY State, and other Northeast states. The role originates and underwrites loans supporting affordable housing and community facilities. Responsibilities include structuring transactions, preparing credit memos, and guiding loans through approval, closing, and post‑close management. The Officer also engages in marketing, business development, and external representation.

• Identify and pursue new lending opportunities in collaboration with the regional team.
• Maintain strong consultative relationships with current and potential borrowers, developers, and lending partners.
• Represent the organization at industry events and meetings with public officials, clients, and community groups.
• Monitor local, regional, and national trends impacting affordable housing and real estate finance.
• Contribute to new product development through market research and credit risk evaluation.
• Evaluate borrower applications through in-depth financial and organizational analysis.
• Structure loans to meet borrower’s needs while aligning with internal credit guidelines and risk tolerance.
• Conduct thorough due diligence including site visits, market analysis, financial modeling, entitlement and environmental review, and assessment of sponsor capacity and leadership.
• Analyze transactions that may include grants or subsidy layering.
• Collaborate closely with internal stakeholders, including the Underwriter, Market Director, Director, Chief Credit Officer, and Chief Lending Officer during deal structuring and review.
• Prepare credit memos and present to loan committee and/or other approving bodies for final approval.

• Serve as liaison between borrowers and co‑lenders or participants for shared transactions.
• Coordinate due diligence, approvals, and loan structuring in alignment with partnership agreements and internal policies.

• Partner with legal counsel, Loan Administrators, and borrowers to close loans, ensuring loan documentation reflects approved business terms.
• Maintain complete and accurate loan files throughout the closing process.
• Provide support to Asset Managers post‑closing to ensure ongoing loan monitoring, reporting, and relationship management.
• Collaborate as part of a relationship management team for each borrower.

• Participate in internal initiatives, process improvements, and cross‑functional collaboration to support overall strategy and mission.
• Take on organization‑wide or cross‑departmental leadership opportunities as appropriate.

• Bachelor’s degree in finance, real estate, urban planning, public policy, business administration, or a related field.
• Minimum of 5 years of progressively responsible experience in real estate or community development lending.
• Proven experience in loan underwriting, credit analysis, structuring, and closing.
• Strong skills in financial modeling and reviewing financial statements.
• Excellent written and verbal communication, including public speaking.
• Familiarity with public and private sector financing sources, including LIHTC and other affordable housing tools.
• Ability to work independently and manage competing priorities with limited supervision.
• Experience working with nonprofit developers, community development financial institutions (CDFIs), or public agencies.
• Strong relationship‑building skills and an interest in long‑term client engagement.

LIIF offers a hybrid work environment with flexibility to balance in‑office and remote work. All employees are expected to work on‑site at least two days per week. The successful candidate may be expected to travel occasionally for meetings or other company‑sponsored events.

All LIIF employees must be fully vaccinated against COVID‑19. Reasonable accommodations will be provided for individuals who cannot be vaccinated for sincerely held religious or medical reasons. Please notify HR if you need accommodation from the vaccination mandate.

LIIF, an EOE employer, believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse backgrounds and with diverse experience are strongly encouraged to apply for this position.