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30+ days
Not Specified
Not Specified
$42.06/hr - $71.88/hr (Estimated)
<p>Position Description</p> <p>Job Responsibilities</p> <p>Under general direction, the Lending Coordinator will</p> <ul> <li>Assist loan officer with various tax lien searches, credit report checks etc. for all lending programs </li><li>Manage loan closings of all Western Reserve Community Fund (WRCF) loans upon direction from executive director with appropriate approved loan write up and information. This includes: </li><li>Document completion to include: filling out appropriate form loan and grant agreements, security agreements, promissory notes, closing statements, etc. This would include our Akron Resiliency Fund, Housing Trust Fund, General Loan Fund, Minority Contractors Capital Access Program, CDC Bridge Loans, etc. </li><li>Walk through each loan document with the client before they sign, with education provided from Executive Director and WRCF team </li><li>Coordinate with client and WRCF Accounting Manager for payment method and date for each transaction </li><li>File UCCs as appropriate for each loan. </li><li>Assist Project Manager and Compliance Coordinator with loan servicing tasks for both DFWR and WRCF, including: </li><li>Outreach to borrowers for payments </li><li>Tracking reporting requirements for each borrower </li><li>Assist all DFWR and WRCF team members with various administrative tasks. Working closely with the DFA Director of Administration on certain items including contacts, newsletters, updates, etc. </li><li>Assisting with some bookkeeping tasks and audit items </li><li>Assist in funding applications and New Markets Tax Credit Allocation (NMTC) applications </li><li>Manages loan servicing, outcome tracking, program compliance monitoring, fiscal compliance monitoring, and program reporting debt service schedules and distribution calculations </li><li>Manage all DFWR/WRCF/and subsidiary portfolios and organization including loan software </li><li>Coordination with borrowers and investors at least monthly or quarterly to ensure timely payments </li><li>Verifies documentation to ensure validity, completeness, and accuracy </li><li>Submit and track wire disbursements to investors, managing members, and others </li><li>Participate in audit and tax process </li><li>Provides quality customer service to government officials, partners, community leaders, vendors, businesses, and the general public </li><li>Represents DFA in various interactions with government, business, and community agencies, partners, and the general public </li><li>Performs other duties as requested, directed, or assigned </li></ul> <p>Qualifications or Equivalent Combinations for Training and/or Experience</p> <ul> <li>Completion of bachelor's degree in accounting, finance, business administration, paralegal, or closely related discipline from an accredited college or university </li><li>Three (3) plus years of relevant experience or equivalent combination of training, education, and experience that would provide the required knowledge and abilities to perform the duties of the position </li><li>Knowledge of community development finance and general real estate lending is preferred </li><li>Strong analytical, organizational, financial, and motivational skills </li></ul> <p>Knowledge, Skills, and Abilities</p> <ul> <li>Knowledge of fiscal analysis </li><li>Operation of computer and business applications (e.g. MS Office, etc.) </li><li>Technical and business writing </li><li>Apply analytical skills and demonstrate problem solving </li><li>Ability to understand, interpret, and analyze financial, budget, and other data to arrive at valid conclusions for asset management </li><li>Facilitate and coordinate teamwork among staff and partners </li><li>Apply laws, rules, regulations, adherence to professional and ethical standards </li><li>Apply analytical skills, demonstrate problem-solving skills, and exercise good judgment </li><li>Knowledge of project management principles </li><li>Ability to work with community and governmental leaders effectively </li><li>Prepare meaningful, accurate and concise reports and standard forms Strategic thinking with an ability to execute and implement initiatives </li><li>Excellent verbal and written communication skills, the ability to interact professionally with diverse group of executives, managers, subject matter experts, operations, and technical staff </li></ul> <p>Other Requirements</p> <ul> <li>Possession of valid driver's license </li><li>Must maintain all required licenses, training and certification, plus any security clearances </li><li>Meet and maintain eligibility requirements for bonding </li></ul> <p>Working Conditions</p> <ul> <li>Job is physically comfortable, requires sitting, walking, standing, bending, keying, talking, hearing, seeing, and repetitive motions. </li><li>Work is performed in an office setting and employee will be exposed to normal hazards associated with an office environment </li><li>Employee may be required to travel and access various assigned work sites, other offices, and agencies </li><li>Must regularly lift up to 10 pounds and occasionally lift and/or move up to 25 pounds </li></ul> <p>Work schedule: Monday - Friday 8:30 - 5:00pm</p> <p>Work location: 1 Cascade Plaza, Suite 1700 - No hybrid work schedule permitted for this position.</p> <p>Per-employment testing requirements: Pre-employment drug and alcohol testing</p> <p>Position : 925914001</p> <p>Code : 20259200-4</p> <p>Type : EXTERNAL</p> <p>Group : DFA UNCLAS</p> <p>Posting Start : 03/11/2025</p> <p>Posting End : 06/30/2025</p> <p>Salary: $26.45-$36.06</p>
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