Job Information
Wayfinders Director of Lending in Springfield, Massachusetts
Director of Lending At Way Finders, we are passionately invested in lifting up the region;s people, places, and systems. Though our team performs a wide variety of functions, we are united by our shared mission: to build and advocate for a thriving and equitable region; to improve the stability and economic mobility of families and individuals; and to develop and manage a robust range of safe, affordable housing options. Common Capital creates economic opportunities for people in Western Massachusetts. We support local entrepreneurs by responsibly lending money to small businesses that are unable to get loans from banks and other conventional lenders. Interested in joining our team of dedicated professionals? Common Capital, Inc. is currently seeking a Director of Lending. The Director of Lending ensures robust full-cycle loan work is completed in a manner that meets or exceeds goals, and within industry standards, including pre-loan outreach, applicant and borrower communications, loan underwriting, loan closings, portfolio maintenance, collections, and other loan management duties. Benefits include: 20 days accrued paid time-off during year one \| 15+ holidays annually \| Health, dental, and vision insurance options FROM DAY ONE \| Educational assistance \| Medical Reimbursement Account \| Dependent Care Account \| 403(b) retirement plan with employer match \| Life insurance \| Short-term and long-term disability insurance \| Transportation benefits \| Employee Assistance Program \| Annual staff picnic! Wage starts between \$90,000 and \$106,000 per year depending on equivalent qualifications. Interested applicants must submit a cover letter and resume; applications will be accepted until the position is filled. The candidate may work in a hybrid-remote capacity but must live within commutable distance to the Western Massachusetts region. In-person work and meetings throughout the area are regularly expected. SEE THE WAY FINDERS WEBSITE FOR COMPLETE JOB DESCRIPTION Requirements include: 7 years\' equivalent experience in commercial and/or CDFI lending, or a related role, with 5 years as a field specialist; a combination of experience plus a Bachelor\'s degree may be a substitute Experience in managing a lending department Ability to conduct due diligence and to evaluate credit worthiness Experience managing a loan portfolio Adept with Microsoft Suite and database systems, with comfort learning new technologies and applications Capacity to communicate effectively with diverse constituencies Must be creative, flexible, and a team player Ability to travel throughout Western Massachusetts as appropriate and assigned Adaptable to changing priorities and assignments while consistently reaching goals; understanding and acceptance that some unpredictability is the nature of the job