Loan Portfolio Administrator – Orlando

FCLF is seeking an experienced Loan Portfolio Administrator to facilitate loan closings, administer draws, and assist in the management of a growing commercial loan portfolio of community development loans originated throughout the state of Florida.

Florida Community Loan Fund (FCLF) is a nonprofit lending institution providing capital and expertise to make projects successful and help organizations improve lives and low-income communities throughout the Sunshine State. Established in 1994, FCLF operates statewide from a network of offices in Orlando, Tampa, Sarasota, Melbourne, and Fort Lauderdale FCLF financing has helped more than 225 organizations succeed in their projects, providing over 1,030,000 Floridians annually with housing or social services through 420+ lending transactions to projects totaling over $1.35 billion. FCLF became Florida’s first certified statewide Community Development Financial Institution in 1996 and has been certified as a Community Development Entity since 2004.

Currently, FCLF has $117 million in total assets, a staff of 19, and an operating budget of $6 million. It has a growing loan portfolio of $88 million and has closed $351 million in New Markets Tax Credit investments. FCLF Strategic Plan emphasizes significant growth and we are adding staff to keep pace with this growth.

Responsibilities:

1. Preparing or reviewing drafts of loan commitment letters with the Community Development Loan Officers.
2. Preparing commercial real estate loan documents (Promissory Note, Mortgage, Loan Agreement, etc.), and ensuring all required due diligence items, including but not limited to, title and survey issues, ESAs, property condition reports, and appraisals, are reviewed and satisfactory prior to loan closing and disbursement of funds.
3. Coordinating loan closings with borrowers, title companies, attorneys, other lenders, municipalities, etc. Maintaining ongoing communication with FCLF’s attorneys to ensure adequate legal assistance with loan closings, when necessary.
4. Reviewing borrower and third-party information (draw requests, AIA forms, inspection reports, and other due diligence items) and recommending advances on construction loans and other lines of credit facilities.
5. Ongoing tracking of construction loan agreement and loan agreement covenants. Identification of borrowers that are not in compliance with loan agreements.
6. For each loan file, consistently maintain borrower contact information, insurance information, financial statements, UCC-1 financing statements, and any other time-sensitive documentation.
7. Consistently confirm a complete and accurate database of borrowers and loans within loan portfolio software.
8. Responsible for follow-up with delinquent borrowers, or coordination with the lender for contact.
9. Perform periodic site visits to borrower’s project sites to monitor construction and/or the ongoing viability of the project/collateral, as well as for ongoing customer relations.
10. Close interaction with FCLF Finance Department for reporting, funding, payment, audit issues.
11. Assist with collection and reporting of data and measurement of the social impact of loans made.
12. Other related duties as assigned include utilizing computer systems to track loan activity, generate reports, assist in the loan servicing process including invoices, payments, etc.

Qualifications:

1. Minimum 3 years of experience administering a commercial real estate loan portfolio.
2. Minimum 5 years of experience closing commercial loans including the ability to create or review legal documentation (notes, mortgages or security agreements, loan agreements, etc.). Proficiency in the review of title insurance commitments/policies, surveys, collateral, lien filings, appraisals, hazard, and general liability insurance evidence, environmental reports, or other third-party information.
3. An undergraduate degree or equivalent work experience.
4. Experience in, or knowledge of, affordable housing, community development finance, and the nonprofit industry is preferred.
5. Extraordinary record-keeping abilities and attention to detail, and a proven capacity to produce consistently accurate and high-quality work.
6. Knowledge of MS Office Suite with emphasis on Excel experience, including, but not limited to downloading and integrating raw data from other sources and creating reports and other spreadsheets. Experience working with one or more commercial loan portfolio management software programs.

Other Requirements:

Maturity, initiative, flexibility, and ability to work independently and cooperatively with others located across the state are essential qualities, as are strong organizational skills and ability to handle multiple tasks under tight time constraints. Some ability to travel and own transportation may be required.
The position is part of the organization’s lending team and works closely with the finance department. Candidates must have a commitment to social and economic justice and a strong interest in community development.

Application Instructions:

Please submit your resume via e-mail to vltorres@torreshrgroup.com along with a cover letter which specifically outlines your experience in the following:

• your experience in COMMERCIAL real estate loan administration; number of years and position(s) held;
• Experience in closing commercial loans including ability to create or review legal documentation; number of years and positions held.

In the e-mail subject line, please note you are responding to the Portfolio Administrator position.

Resumes without a cover letter containing the above information will not be considered. No phone calls, please.

Florida Community Loan Fund, Inc. is an equal opportunity employer.

2022 03 22 Job Posting – FCLF Loan Portfolio AdministratorOrlando

Florida Community Loan Fund Community Development Loan Officer

FCLF is seeking an experienced Community Development Loan Officer to promote FCLF in the Central and South Florida areas. Successful candidates will identify potential projects to benefit primarily not-for-profit enterprises, which would be funded by loans facilitated through FCLF.
Florida Community Loan Fund (FCLF) is a nonprofit lending institution providing capital and expertise to make projects successful and help organizations improve lives and low-income communities throughout the Sunshine State. Established in 1994, FCLF operates statewide from a network of offices in Orlando, Tampa, Melbourne, Sarasota, and Fort Lauderdale. FCLF financing has helped more than 225 organizations succeed in their projects, providing over 1,030,000 Floridians annually with housing or social services through 420+ lending transactions to projects totaling over $1.35 billion. FCLF became Florida’s first certified statewide Community Development Financial Institution in 1996 and has been certified as a Community Development Entity since 2004.
Currently, FCLF has $117 million in total assets, a staff of 19, and an operating budget of $6 million. It has a growing loan portfolio of $88 million and has closed $351 million in New Markets Tax Credit investments. FCLF Strategic Plan emphasizes significant growth and we are adding staff to keep pace with this growth.

This Position Will:

  • Engage in and build relationships in the local community to create or expand a presence for FCLF. Develop and nurture relationships with nonprofit borrowers and potential borrowers, community leaders, funders, developers, and nonprofit entity leaders associated with development projects planned or underway within the community. Promote the potential strategies for utilizing FCLF financing to achieve community development objectives.
  • Develop a lending pipeline as a priority by identifying projects which would meet the lending criteria of FCLF. Also, identify potential projects for the New Markets Tax Credit
    (NMTC) program or other specialized lending programs in which FCLF participates.
  • Obtain, underwrite, and analyze loan applications for commercial loans to support community/economic development projects based on criteria established for each program and loan policies within each program. Perform due diligence, site inspections, appraisal review, financial statement and Pro-forma credit analysis, and credit evaluations of potential borrowers. Prepare credit memos and supporting documentation and present loans for review or approval to the Chief Lending Officer and/or Chief Executive Officer; or Lending Committee.
  • Draft and coordinate with the FCLF portfolio administration staff and Chief Lending Officer to issue commitment letters and to facilitate loan closings and monitor loan advances and disbursements.
  • Monitor borrower relationships for borrower needs or difficulties. Increase, extend, modify and restructure loans as needed. Mitigate loan portfolio risk through coordination of post-closing technical assistance, extensions, restructurings and work-outs.
  • Assist in the preparation of monthly Lending Committee material by contributing to reporting. Participate in periodic portfolio evaluations including presentation of recommendations for loan grades. Assist in the preparation of periodic written reports regarding the status of loan requests and applications.
  • Partner with technical assistance providers to deliver training services to prepare potential borrowers for the borrowing process.
  • Participate in workshops, marketing and promotional activities, and materials development for FCLF. Make workshop presentations and participate in forums that inform the public and special audiences about the opportunities for borrowers offered by the FCLF.

Location:

Central or South Florida – to be determined

Requirements:

  • BS degree in Finance, Business or equivalent combination of education and experience.
  • A minimum of 5 years of experience in the commercial/community development/real estate lending, public finance and/or multifamily development fields is required. Multiple sector experience is preferred.
  • Demonstrated ability to source, evaluate and underwrite commercial lending projects, preferably in the community/economic development field.
  • Knowledge of and experience in community development financial analysis; other underwriting experience is preferred.
  • Ability and experience in delivering services consultatively to diverse constituencies required.
  • Experience working in low-income communities.
  • Outstanding communication skills, both spoken and written.
  • Maturity, initiative, and flexibility required.
  • Ability to work independently and coordinate with others located across the state.
  • IT skills and the ability to quickly adapt to software.
  • Analytical/quantitative analysis skills.
  • Qualitative analysis and creative thinking skills.
  • Organizational skills.
  • Self-motivation skills.
  • Research skills.
  • Ability to meet deadlines and cope with pressure.

Application Instructions:

Please submit your resume via e-mail to vltorres@torreshrgroup.com along with a cover letter that specifically outlines your experience in the following:

  •  Your experience in commercial banking and/or nonprofit lending
  • Number of years and position(s) held

Applications without a cover letter containing the above information will not be considered. No phone calls, please.
The Florida Community Loan Fund, Inc. is an equal opportunity employer.

2022 03 22 Job Posting – FCLF Loan Officer Central or South Florida

Carrfour: Resident Services Coordinator – Heritage Park Melbourne FL

The Resident Service Coordinator will provide direct supportive services, employment and training support and appropriate referrals for residents onsite at Carrfour Support Housing Programs.  For more information, please view the full job description below.

[pdfjs-viewer url=”http%3A%2F%2Ffchonline.org%2Fwp-content%2Fuploads%2F2021%2F06%2FResident-Services-Coordinator-Position.pdf” viewer_width=100% viewer_height=1360px fullscreen=true download=true print=true]

Carrfour Program Coordinator- Heritage Park at Crane Creek, Melbourne Florida

The Program Coordinator provides day-to-day program oversight and assists the PD with the operational success of onsite Supportive Services Program at Heritage Park at Crane Creek, Melbourne Florida. including team management and development, coordination of all services offered to residents, and quality control and evaluation.  View the full job description below for more information.

 

[pdfjs-viewer url=”http%3A%2F%2Ffchonline.org%2Fwp-content%2Fuploads%2F2021%2F06%2FProgram-Coordinator-at-Heritage-Park.pdf” viewer_width=100% viewer_height=1360px fullscreen=true download=true print=true]

Career Opportunities Ending Homelessness in Melbourne, FL

The City of Melbourne located on the Space Coast of Florida has partnered with its local non-profit community to accelerate progress on ending homelessness in Melbourne.

Daily Bread Inc., as a leading service provider in Melbourne, is seeking to hire two experienced social workers to grow its Housing Services team. Daily Bread is also seeking the ideal candidate with a background in program development and management to help lead its supportive services team moving forward.

his is a unique opportunity to join a growing organization serving a mid-size coastal city with strong local government, business, and philanthropic support. Please see the following links below if you are or know someone who has a passion and professional interest in this work, and may be interested in this opportunity.

Job Descriptions and How to Apply:

https://www.dailybreadinc.org/db-careers

Additional Information:

Regional news coverage (video)  – Melbourne’s commitment to ending homelessness: https://bit.ly/34faeF5

More information about Daily Bread (video) – hear from some of the people Daily Bread is serving and the team’s values of service: https://youtu.be/_moU5AoQfbc?t=746

Recent press release from the City of Melbourne regarding the partnership: https://www.melbourneflorida.org/Home/Components/News/News/7304/381?selcat=224

Contact:

Jeff Njus

Executive Director

Daily Bread, Inc.

jeffn@dailybreadinc.org

FCLF Loan Officer, Central Florida

Florida Community Loan Fund is seeking an experienced Community Development Loan Officer to promote FCLF in the Central Florida area. Established in 1994, FCLF operates statewide from a network of offices in Orlando, Tampa, Melbourne, Sarasota, and Fort Lauderdale. FCLF’s Strategic Plan emphasizes significant growth over the next 4 years and we are adding staff now to keep pace with this growth. For a full description and application instructions, visit this website page: FCLF Position Available: Loan Officer, Central Florida.

[pdfjs-viewer url=”http%3A%2F%2Ffchonline.org%2Fwp-content%2Fuploads%2F2020%2F10%2FFCLF-Job-Posting-Loan-Officer-Orlando-09.2020.pdf” viewer_width=100% viewer_height=1360px fullscreen=true download=true print=true]