
Community Development Manager
Required skills
- Community Development Lending
- CDFI
- CDC
- SBIC
- NMTC
- LIHTC
- HTC
- financial products
- lending
- community-based organizations
Nice to have
- underwriting
- investment product experience
Role summary
FNBT is seeking a Community Development Manager to foster relationships with community-based organizations (CBOs) and Community Development Financial Institutions (CDFIs). This role involves evaluating CBO/CDFI capacity, recommending loans and investments, and advocating for low- and moderate-income borrowers. The manager will provide technical assistance for homebuyer products and support various community development financing structures like NMTC, LIHTC, and SBIC. Responsibilities include researching economic development initiatives, developing innovative projects, engaging with trade groups, representing the bank at conferences, and making recommendations for partnerships and grants to the CRA Committee. The role also involves overseeing the CRA Academy training program and reporting on loans and investments.
* Evaluate the capacity of a CBOs/CDFIs to perform financially and in their capacity to impact locally defined needs
* Recommend approval of loans and investments to CDFI's or other CBOs that meet internal standards
* Advocate for low- and moderate-income (LMI) borrowers and provide technical assistance for the identification and development of down payment, closing cost, or other homebuyer products
* Provide program support for NMTC, LIHTC, HTC, SBIC, and other community development financing structures that help the bank outperform peer banks in our AAs
* Research and recommend investments in economic development (ED) groups that can be leveraged to gain greater access to highly visible community ED initiatives
* Research and advocate for the creation of innovative and sometimes complex projects, such as the creation of a bank-owned CDC or the participation in projects that involve multiple layers of financing
* Interact with local/state/national trade groups to stay current on CD trends
* Positively represent FNBT at conferences, etc., increasing visibility in our AAs
* Recommend community partnerships and grant requests to the CRA Committee
* Refer program sponsorship, board, and volunteer involvement opportunities to CRA Committee, ensuring that opportunities are responsive and impactful, and innovative/complex, when appropriate
* Provide reports to the Chief CRA Officer and CRA Committee on loans and investments
* Oversee CRA Academy training program and cohorts
* Regular and predictable attendance and punctuality
* Travel as necessary (up to 50%)
* Other duties as assigned
Physical Requirements:
* Must be able to remain in a sitting or standing in stationary position for extended periods of time
* Operate a computer and other office machinery for extended periods of time
* Ability to lift, push, or pull up to 25 pounds
FNBT is an equal opportunity employer. Qualifications* At least 18 years of age
* High school diploma or equivalent
* Bachelor's Degree in a business-related field
* Minimum of three years' experience in selling financial products, to include lending
* Knowledge of Community Development Lending
* Familiarity with CDC -- Community Development Corporation, CDFI -- Community Development Financial Institution, SBIC -- Small Business Investment Company, NMTC -- New Markets Tax Credits, LIHTC -- Low Income Housing Tax Credits, and HTC -- Historical Tax Credits
* Prior underwriting experience, including understanding business financial statements, is highly preferred
* Prior investment product experience is highly preferred
* Must be an extremely self-motivated team player
* Must have excellent communication skills, verbal and written
* Must maintain confidentiality of customer information
* Must successfully pass background investigation and drug screen according to company policy
* Must be able to get along with co-workers and work effectively in a team environment
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