Senior Director, Loan Administration

Position Reports to: Chief Credit Officer

Location: Fully US-based remote, with a preference for candidates within commuting distance to an NFF office (Boston, Los Angeles, New York, Oakland, Philadelphia).

Department: Credit Risk 

For over 40 years, Nonprofit Finance Fund has provided nonprofits and their leaders with capital, consulting, and thought leadership. As a community development finance institution (CDFI), we work with nonprofits, partners, and systems to build racial equity and community wealth and well-being. Our vision is a world of equitable prosperity, where communities of color and other systematically excluded communities have the capital, community assets, knowledge, and agency to thrive. You can learn more about our work to achieve that vision by reading our Strategic Plan for 2024-2026, Our Values, and Theory of Change. 

None of this work would be possible without the incredible people who work here. Our team consists of a diverse group of passionate professionals who care deeply about NFF's mission. You can read more about what it’s like to work here – and read a few examples of “a day in the life” for NFF staff” – on the careers page of our website.  

Thank you for your interest in NFF. We hope you’ll join us. 

About the Opportunity  

NFF is hiring a Senior Director, Loan Administration who will provide leadership to the Credit Risk and Loan Administration teams in ongoing relationship and performance risk management of NFF’s loans. Additionally, this role will provide support to the Underwriting team and General Counsel department in closing administration and accurate onboarding of new loans. The Senior Director will manage the Manager, Loan Servicing and will be responsible for balancing multiple time sensitive deadlines that are critical to NFF’s clients and communities they serve.  

The Senior Director, Loan Administration plays an integral role overseeing loan administration and servicing of NFF’s diverse loan portfolios. As an important member of a close-working team, the Senior Director, Loan Administration provides leadership to the Portfolio Management team in ongoing relationship and risk management of NFF’s loan portfolio, as well as supporting the Underwriting team and General Counsel department in closing and onboarding new loans. This role requires a strong ability to balance multiple priorities and a detail-oriented approach to meeting time sensitive deadlines. 

This is an exciting opportunity for a lending operations leader who wants to apply their skills to one of the largest and most well-established Community Development Financial Institutions (CDFI) that is growing its $200 million portfolio of loans to mission-driven organizations. NFF’s Financing team provides loans to nonprofit organizations for their real estate and working capital needs with a commitment to ensuring that communities and various organizations access to and control of the funds they need to meet their goals. Currently, NFF manages around $400 million of financing assets, primarily loans to nonprofit organizations in the education, healthcare, human service, and housing sectors.    

The position can be based remotely, with a preference for candidates within commuting distance