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Loan Officer -- Charter Schools Financing
Local Initiatives Support Corporation | |
United States, New York, New York | |
28 Liberty Street (Show on map) | |
June 28, 2023 | |
What We Do With residents and partners, LISC forges resilient and inclusive communities of opportunity across America - great places to live, work, visit, do business and raise families. Strategies We Pursue
Since 1979, LISC and its affiliates have invested approximately $29.7 billion in businesses, affordable housing, health, educational mobility, community and recreational facilities, public safety, employment, and other projects that help to revitalize and stabilize underinvested communities. Headquartered in New York City, LISC's reach spans the country from East coast to West coast in 38 markets with offices extending from Buffalo to San Franciscoand in 2,400 rural counties across 49 states and Puerto Rico.Visit us at Background LISC Charter School Financing funds school construction for high-quality public charter schools that predominantly educate students from families with income below the national average. We believe that all children deserve access to a successful public school in their community. Historically, there has not been equitable access to high-quality public schools because of structural racism and racist policies. The LISC Charter School Financing (CSF) team is committed to racial equity in education, especially for Black, Latinx, Asian American, Pacific Islander, Indigenous students, and other students of color. Great K-12 public schools help students reach a level of educational attainment that provides economic opportunity and leads to success in the workforce. To realize our vision, we lend money to schools to acquire, build or renovate facilities; we promote transparency of financing options to help school leaders secure affordable debt; we influence public policy to lower the cost of capital, keeping more dollars in the classroom; and we consult with racial equity experts to provide internal team trainings that increase our knowledge of the racialized history of education in the United States, in order to continually evaluate, inform, and improve our internal lending policies. Position Description LISC is seeking candidates for the position of Senior Loan Officer in the organization's Charter School Financing (CSF) team. The Senior Loan Officer will be responsible for evaluating the credit risk and managing the due diligence, underwriting and closing process for LISC's charter school facility financings nationally. As part of a team looking for new and innovative ways to help high-quality charter schools succeed in a challenging financial environment, the Senior Loan Officer will use their strong underwriting background and analytical skills to evaluate projects and structure transactions to support charter school's continued growth. Additionally, the Senior Loan Officer will manage multiple, complex transactions at various stages and coordinate with multiple internal and external parties to meet approval and closing deadlines. The Senior Loan Officer will work on highly complex transactions and present to LISC's board. In addition, the Senior Loan Officer will look for ways to continually improve our process from an operational efficiency standpoint. This position will report to the Director of Lending, CSF. This position can be permanently remote or based at LISC's NYC headquarters. The primary duties of the position include:
Qualifications
LISC provides a competitive salary ($81K - 102K; salary is commensurate with relevant work experience and location) and excellent benefits for this position. LISC is an equal opportunity employer. LISC does not discriminate in employment on account of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military status or veteran status, unfavorable discharge from military service, physical or mental disability, protected medical condition as defined by applicable state or local law, genetic information or any other characteristic protected by applicable federal, state or local laws and ordinances. We will endeavor to make a reasonable accommodation to the known physical or mental limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. LISC IS AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY, EQUITY, INCLUSION AND JUSTICE |