Initiative Capital seeks director of lending and loan officer

April 12, 2015 – Initiative Capital, the lending and investment arm of the N.C. Community Development Initiative, seeks two experienced lending professionals to lead the organization into its next phase of growth.

The certified Community Development Financial Institution (CDFI) based in Raleigh, N.C., is recruiting a director of lending and a loan officer to expand the organization’s loan portfolio, diversify its funding base and further its role in statewide and, potentially, regional community economic development.

The director of lending will lead the growth and development of the CDFI, manage day-to-day operations and work with Initiative President & CEO Tara Kenchen to raise capital and maintain key lending partnerships. The loan officer will help the director of lending execute the CDFI’s business strategy, rapidly expand its loan portfolio and manage a portfolio of borrowers with complex credit needs.

“CDFIs play a critical role in providing much-needed capital to people and markets that are traditionally underserved and economically distressed,” Kenchen said. “We seek two individuals with the experience and drive to help our organization create broad, inclusive economic prosperity across our state through strategic lending and investments.”

Download complete job descriptions:

To apply, submit a resume and cover letter detailing how you fit the criteria to info@ncinitiative.org.

Founded in 1993, the Initiative drives innovation, investment and action to create prosperous, sustainable communities. We build partnerships, leverage and invest resources, and create a system of support for social enterprises that advance community economic development strategies, including affordable housing, job creation and asset preservation. For more information, visit www.ncinitiative.org.

 

Many thanks to our sponsors

BB&T Oak Foundation Z Smith Reynolds Foundation Wells Fargo PNC Suntrust Kate B Reynolds Charitable Trust Local First Bank Fifth Third Bank First Tennessee Bank