Senior Loan Officer

E nterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves.

Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.

S. Virgin Islands - all to make home and community places of pride, power and belonging.

Join us at enterprisecommunity.org

Working at Enterprise

At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field.

You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.

Enterprise offers career opportunities in our offices across the country with an exceptional benefits package .

Job Description Summary

Enterprise co-founded Power Forward Communities (PFC), a landmark coalition with some of the country's most trusted community development, climate, and housing organizations.

It is purpose-built to decarbonize America's homes and drive a market transformation that cuts costs, benefits renters and homeowners, and focuses on low-income communities nationwide.

The EPA hasawarded thecoalitiona $2 billion National Clean Investment Fund (NCIF) grant. Together with our coalition partners Enterprise will use this award to deploy a powerful combination of financing, market building, and community engagement to create healthier, safer, and more affordable homes.

The Senior Loan Officer will underwrite investments for Enterprise Green Accelerator (EGA), a new business line responsible for investments made with National Clean Investment Fund (NCIF) grant funds received as part of the Power Forward Communities (PFC) award.

Ultimately, this is a tremendous opportunity to shape equitable affordable housing and community facility decarbonization.

Reporting to the Vice President, Green Lending, the Senior Loan Officer is responsible for underwriting NCIF eligible loan requests in support of community development projects with particular emphasis on affordable housing, community facilities (including federally qualified health centers and charter schools), and other climate lending.

Loans will include rehab, new construction, bridge, and solar loans that advance decarbonization and climate resiliency in line with the goals of NCIF and PFC, including new net-zero construction, green retrofit of operating properties, solar projects and other decarbonization activities.

The Senior Loan Officer is expected to develop and maintain external relationships with affordable housing developers, community development organizations, public funders and other stakeholders operating in the climate resiliency and decarbonization space.

The position requires an experienced professional with strong analytical, financial and relationship management skills.

This position may be based in any of the following locations : Atlanta, GA; Chicago, IL; Cleveland, OH; Columbia, MD; Denver, CO;

Detroit, MI; Los Angeles, CA; New Orleans, LA; New York, NY; San Francisco, CA; Seattle, WA; Washington, D.C.

Job Description

The Senior Loan Officer will :

Contribute to EGA production goals by identifying lending opportunities and originating new NCIF eligible loans upon referral through the Enterprise system and external partners.

Advance prospective transactions through the screening process . Structure and negotiate financing proposals and prepare comprehensive written loan packages for review and approval by management or the Investment Committee .

Analyze third -p arty due diligence reports, including appraisals, market assessments, entitlement / zoning classifications, and environmental reports to determine transaction viability and appropriate loan structure.

Partner with Enterprise's Building Resilient Future's team to validate and assess clean energy financing components, including clean energy design scoping, energy audits and other cost estimates, to ensure NCIF project eligibility.

Work with Data Program Officer to confirm project eligibility through PFC Impact Rating Tool and to ensure key NCIF data reporting requirements are collected through the loan origination process.

Coordinate the preparation of commitment letters and loan documents with attorneys.

Manage the closing process, including internal and external closing counsel, and the collection, review, approval and execution of all closing items.

Maintain loan files in audit-ready condition to ensure accuracy and completeness.

Work cooperatively with local and regional staff from other Enterprise capital groups and non-capital divisions to coordinate and leverage Enterprise resources, grants, loans and equity to advance decarbonization projects.

Maintain up to date entry of activity and impacts in Salesforce system.

Assist with other projects as needed.

Qualifications :

The ideal candidate will bring a range of experience and attributes to Enterprise :

Bachelor's degree required , advanced degree in business, finance or related field preferred.

Five (5) years of lending experience, with three (3) years of multifamily affordable housing, clean energy and real estate underwriting responsibilities required .

Familiarity with Green Building Standards / Enterprise Green Communities a plus.

Ability to work independently in preparing and negotiating complex, multi-layered transactions.

Ability to prioritize and manage multiple projects and assignments, meet tight deadlines, and coordinate and communicate effectively across all levels of a large organization.

Strong business development, writing, analytical, communication and problem-solving skills, with expertise in Excel and working knowledge of Salesforce.

Familiarity with federal, state and local community development programs, particularly programs that finance affordable housing, community facilities, and decarbonization activities.

Ability to travel up to 15% of the time.

Total Rewards at Enterprise :

You will be working with a group of talented professionals who are motivated by serving the community and addressing the need for affordable housing.

Enterprise offers a comprehensive total rewards package for you and your family.

The base salary for this role is $155,000 to $183,000, depending on level of skills and experience.

The salary range for this position is represented by the low and high end of the range for the amount to be paid for the position.

Salaries paid at Enterprise will vary based on factors that may include skills, education, location, experience, and performance.

The salary range is just a part of the total rewards package provided to employees at Enterprise, and other rewards may include annual performance bonuses and generous paid leave programs.

At Enterprise, our benefits form a major component of our total rewards package. Benefits include dental, health, and vision care plans, as well as family-building benefits, such as fertility, adoption, surrogacy support, and gender-affirming care.

Enterprise allows flexible work arrangements to promote a better work-life balance. We offer health advocacy, EAP, and mental health benefits.

We round out our total rewards package by offering financial education, wellness programs, and auto-enrollment in the company's 401(k) plan with employer matching contributions.

Finally, you will have learning and development opportunities, including tuition reimbursement for job-related courses and certifications.

Thank you for your interest in joining the Enterprise team in our effort and commitment to serve others.

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