Oversee and lead credit and risk management functions, including underwriting, loan servicing, and portfolio management.
Develop and implement lending policies and procedures to align with CDFI standards and ensure compliance with federal, state, and local regulations.
Create and execute comprehensive credit risk management strategies, addressing operational, compliance, and portfolio risks.
Supervise and develop the Credit & Risk team, providing mentorship, training, and performance feedback to ensure high-quality service.
Collaborate with internal and external stakeholders to secure debt capitalization, develop innovative credit evaluation methods, and enhance risk management frameworks.
Monitor portfolio performance, delinquency rates, and loan recoveries, preparing detailed reports for executive management, the board, and external funders.
QUALIFICATIONS
Bachelor's degree in finance, accounting, economics, business, or a related field (Master's, MBA, or relevant advanced degree preferred).
Minimum of 5+ years of experience in credit risk management, underwriting, and lending within CDFI, banking, or nonprofit finance sectors.
Expertise in working with SBA Programs (e.g., SBA7a, Microloan, SBA Express, Community Advantage).
Proven ability to develop and implement risk management strategies while aligning with mission-driven goals.
Demonstrated leadership experience in managing high-performing teams and overseeing credit and risk functions.
Strong analytical, communication, and project management skills with a commitment to advancing mission to support underserved communities.
Beacon Hill is acting as an Employment Agency in relation to this vacancy.