Job: Director of Lending (Single Family)

Job Summary

Company

Essential Associates Ltd

Location

New York, NY

Job Type

Full Time

Employee

About the Job

Major NYC Non Profit is seeking a Director of Lending.
The  organization aims to promote and protect affordable and sustainable homeownership in New York City, focusing on those neighborhoods hardest hit by foreclosure.

Position Description

The Director of Lending reporting to the Executive

Director, will be responsible for the direct homeowner support program

offerings. The organization strives to develop and implement new and/or expanded single-family homeownership preservation programs regularly.

 Directs portfolio management and continuously improves policies and practices,



Leads development (including design and implementation) of new single-family

lending programs;



Continually improves programs and processes to learn from peer institutions and

adopt best practices for lending and grant-making.



Explore opportunities for replication and growth and provide leadership in

developing new programs that build on the organization's successes.

Key responsibilities related to the Housing Mobility Program include:



Supervision of program coordinator;



Support and management of program development, launch, and marketing.

Lender

The DOL will lead the organization’s activities in the development of high level

relationships with lenders, servicers, and Government Sponsored Enterprises in

order to facilitate successful foreclosure prevention options. This individual’s primary

responsibility will be conceptualizing and directing strategic campaigns and partnerships

to increase access for the organization's network to servicing programs that prevent

foreclosures and stabilize NYC neighborhoods.

Key responsibilities related to the organization’s bank relationship strategy include:



Supervision of Lender/Servicer Program Manager  Oversight of key network programs related to lending and servicing, including

the Escalations Programs

Requirements:



Bachelor’s degree, Minimum 5 years experience in lending and loss mitigation;



Understanding of various alternative loan and grant funds



Familiarity with issues related to foreclosure and the subprime/credit crisis;



Knowledge and experience working with non-profit agencies;

Salary BOE

For consideration, forward your resume to:  resumes@essentialassociates.com