Job Description

Who we are:

TBL Fund is a national non‐profit community development financial institution (CDFI), certified by the US Treasury Dept. to deliver financing for green upgrades in multifamily affordable housing. We aim to tackle the affordable housing, climate change and social equity crisis that faces us. TBL Fund aims to be the nation’s premier energy financing provider to apartment communities that serve low-to-moderate income (LMI) residents. We are looking for the smartest, entrepreneurial, and committed new team members who wish to make a difference.

Our Work Environment:

Collaborative, entrepreneurial, fast paced, inclusive, work/life balance, established career paths for certain positions, opportunities to job shadow, flexible schedules, robust onboarding, and above all passion for what we do.

Position Overview:

The Primary role of the Commercial Loan Underwriter is to conduct credit analysis on loan applicants. You will evaluate the ability of the applicant to repay the loan. Using the information provided by the applicants, you will determine risk, create loan documents including credit memo for TBL Fund’s loan committee, term sheet for customer, closing document, all in line with business rules and policies and using TBL Fund’s loan processing systems.

Requirements

Must Have Qualifications:

• 3 years of experience underwriting commercial loans

Desired Qualifications:

• Experience in the clean energy industry

• Experience with commercial underwriting software
• Experience working with Sales teams to prepare proposals for prospective clients
• Familiarity with lending policies and procedures of banks or CDFIs or Credit Unions
• Understanding of CDFI industry regulations and guidelines

Location: Remote in the U.S.A.

Reports to: Director of Investments

Education: Bachelor's degree in accounting, finance, or similar

Skill Level: Intermediate

Areas of Expertise : Commercial Loan Underwriting

Compensation: $68k/yr DOE

Key Responsibilities:

• Review and prepare loan packages to make sure files are complete and organized
• Perform in-depth financial analysis of clients applying for loans
• Make recommendations regarding credit decisions, risk ratings, loan pricing, and credit structure to management in line with company rules and guidelines
• Prepare final loan documents for closing and ensure all documents are complete
• Aid in review and maintenance of existing business loan accounts
• Work with Commercial Lending Team to prepare business proposal packages for prospective accounts
• Develop familiarity with all lending policies and procedures of TBL Fund
• Understand and follow all CDFI industry regulations and guidelines

This Job Description is a guide listing the key responsibilities of the Job, not an all-inclusive list. It will be reviewed and revised periodically by management to meet the changing needs of TBL Fund.

Benefits

• Company Health, Dental, and Life Insurance plan for the employee at no cost! (charges will be added for spouse and family coverage)
• Available Vision and Short-Term Disability Insurance
• 403b Retirement Savings Plan available on day 1
• Unlimited PTO Plan

ICAST & TBL Fund are committed to attracting and retaining a diverse staff and will honor your experiences, perspectives, and unique identity. We strive to create and maintain a working environment that is inclusive, equitable and welcoming regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, protected veteran, or disabled status. ICAST & TBL fund are proud to be an Equal Opportunity Employer! 

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