Vice President – Lending

Responsibilities

• 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 and database management tools.
• Ability to work collaboratively in a team environment while exercising sound independent judgment and managing an individual portfolio.
• Commitment to Mass Development's mission and to advancing equitable economic development for businesses and communities across the Commonwealth.