VP of Lending Credit & Community Impact; Hybrid

Who We Are:

Mass Development, the state’s development finance agency and land bank, delivers financing solutions, real estate expertise, and other assistance to strengthen and grow the Massachusetts economy. We partner with businesses, nonprofits, developers, banks, and municipalities to help create jobs, build housing, and foster vibrant communities across the state. We value diverse perspectives, encourage innovation, and are committed to building a stronger Massachusetts.

The Vice President of Lending plays a key role in advancing Mass Development’s mission by managing the full lifecycle of commercial lending transactions, including loan and mortgage insurance guarantees. Reporting to the Senior Vice President of Lending, this position is responsible for originating, underwriting, negotiating, structuring, closing, and servicing lending transactions that support businesses, economic development projects, and communities throughout Massachusetts.

In addition to managing a lending portfolio, the Vice President actively promotes Mass Development’s financing programs, develops relationships with borrowers and key referral partners, and identifies opportunities to support clients through the Agency’s broader suite of products and services. The ideal candidate will bring strong financial and credit analysis expertise, sound business judgment, and a commitment to fostering inclusive and equitable economic growth across the Commonwealth.

What You'll Do

• Originate, evaluate, structure, underwrite, and negotiate commercial loans, loan guarantees, and other financing solutions that support business growth across Massachusetts.
• Manage transactions through the full lending lifecycle, including credit analysis, approval, commitment, documentation, closing, and ongoing portfolio management.
• Prepare and present financing requests to the Credit Committee, senior leadership, and Board of Directors.
• Analyze borrower financial statements, assess creditworthiness and risk, and monitor portfolio performance through annual reviews, covenant compliance, and ongoing risk assessments.
• Review loan and construction advance requests to ensure consistency with approved loan terms and Agency requirements.
• Build and maintain relationships with borrowers, banks, referral sources, and public and private sector partners to identify financing opportunities and expand access to capital.
• Collaborate with financial institutions on participations, guarantees, and co-lending arrangements.
• Maintain accurate loan and borrower records and contribute to financial reporting, budgeting, forecasting, and analytical presentations.
• Represent Mass Development at industry events, conferences, and community engagements while promoting the Agency's products and programs.
• Support special projects and perform other duties as assigned.

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; equivalent combination of education and relevant lending or credit experience will be considered.
• Five (5) or more years of experience in commercial lending, business lending, commercial real estate lending, construction lending, or a related financing environment.
• Strong knowledge of commercial loan underwriting, credit analysis, risk assessment, loan structuring, documentation, and portfolio management, including formal credit training or a strong commercial credit background.
• Demonstrated ability to analyze financial statements, evaluate creditworthiness, and structure complex lending transactions.
• Experience with commercial real estate lending and familiarity with state and federal tax credit programs, green finance tools, and other economic development financing resources.
• Proven relationship management and business development skills, with the ability to cultivate partnerships with borrowers, financial institutions, referral sources, and other stakeholders.
• Excellent analytical, problem-solving, organizational, verbal, and written communication skills, with the ability to manage multiple priorities and deadlines.
• Proficiency with Microsoft Office applications, particularly Excel and Word, and other financial reporting…