Lending Manager

The Lending Manager serves as administrative manager of Tenfold Community Lending reporting to the Chief Finance and Lending Officer and overseeing the day-to-day administration and management of operations, as well as working collaboratively with the Chief Finance and Lending Officer on long-range strategy and program development to grow the lending activity.

B. Essential Functions:

1. Develops and maintains the business plan to guide the growth and regional investment activities of Tenfold Community Lending.

2. Builds working relationships with banks and other sources of capital to serve the eight-county region established by Tenfold and Tenfold Community Lending.

3. Responsible for efforts to use the US Department of Treasury CDFI Fund Programs to expand investments in the eight-county region.

4. Manages development and certification of Tenfold Community Lending, including staffing and capitalization of the LHIFT loan fund and other loan products, and the coordination with supporting services offered by Tenfold such as pre-purchase counseling.

5. Implements the mission and primary goals of the organization under the direction of the Chief Finance and Lending Officer. Supports the Lending Officer to manage the mortgage loan pipeline and meet all HUD guidelines and requirements.

6. Represents Tenfold and Tenfold Community Lending in the local community, promoting its goals and services and with the CDFI industry locally, regionally, and national, advocating for resources and providing technical assistance to potential developers of affordable housing.

7. Coordinate Tenfold and Tenfold Community Lending’s work with investors, funders, developers, government partners and others pursuing aligned goals for furthering the creation of affordable housing.

8. Serves as the administrative manager, overseeing all day-to-day administration and work of Tenfold Community Lending.

9. Recommends policies and projects to the Chief Finance and Lending

Officer for presentation to the Loan Committee and the Board of Directors.

10. Supervises the work of the employees of Tenfold Community Lending and evaluates team performance in alignment with the annual goals in collaboration with the Chief Finance and Lending Officer.

11. Develops recommendations for the long-term Tenfold Community Lending strategic plan with the Chief Finance and Lending Officer for presentation to the Board of Directors.

12. Serves as the spokesperson for Tenfold Community Lending for media and other forums at the request of the Chief Finance and Lending Officer.

13. Coordinates the development of the Tenfold Community Lending annual report and other communication with clients, donors, and support network.

14. Develops outreach and builds strong working relationships with individuals in nonprofit organizations, private foundations, and local, state, and federal government who have an impact or influence on homeownership and affordable housing.

15. Prepares reports as requested by the Chief Finance and Lending Officer, the Loan Committee, and the Board of Directors.

16. Attends other meetings, training courses, seminars, and conferences as necessary and helps promote the work of Tenfold Community Lending in the region.

17. Perform other duties as assigned by the Chief Finance and Lending Officer of Tenfold and Tenfold Community Lending.

C. Minimum Knowledge, Skills, and Abilities:

1. Experience working with the banking industry is vital to leverage Community Reinvestment Act requirements in a mutually beneficial way to create the greatest community benefit.

2. Strong financial, writing, speaking, public relations, management, leadership, and planning skills. The position involves a blend of financial experience, non-profit management, market awareness and relationship building.

3. Must have the relationship building skills to work in the local community with diverse partners and in the financial sector of banks, foundations, and community lenders as well as local, state, and federal governing bodies and agencies.

4. Experience financing affordable housing development is preferred.

5. Experience leading the development and implementation of a business plan for a community lending is highly preferred.

6. Bachelor’s degree or equivalent experience in lending or finance. A

master’s degree or comparable experience in business, management, economic or community development, banking and or finance is desirable.

7. Candidates must have at least five (5) years of work experience including management and public facing duties such as public relations and experience with managing and cultivating relationships with new potential partners and investors. This includes planning, tracking, and reporting to ensure growth and goal setting around program measures.

8. A commitment to Tenfold’s core values: We value Empowerment, We value Innovation, We value Integrity, We value Diversity, Equity and Inclusion, We value Teamwork.