Director Community Development Underwriting

About the Organization

The Momentus Capital branded family of organizations - which includes Capital Impact Partners and CDC Small Business Finance and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered municipal advisor, a FINRA-approved municipal advisor and municipal securities broker-dealer, FINRA/SIPC member)- are transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.

We are working to reinvent traditional financial systems and advance locally-led solutions that create economic mobility and generational wealth. Through our continuum of financial, knowledge, and social capital, we offer a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions.

Our holistic and streamlined approach offers comprehensive solutions for small business entrepreneurs, real estate developers, community-based organizations, and local leaders at every stage of growth, from inception to expansion. When these leaders have the opportunity to succeed, their communities, their residents – and our country – thrive.

Position Summary

The Director Community Development Underwriting is responsible for overseeing loan underwriting functions and for the full lifecycle of new originations and guiding the restructuring and workout analysis for existing borrowers in alignment with the organizational risk appetite. The Director of Community Development Underwriting reports to the Head of Small Business and Community Development Credit within the Risk Team. This position manages a team of commercial underwriters to support Community Development Lending (CDL) originations and supports existing borrowers in the portfolio.

Requirements

Essential Responsibilities

Loan Origination Production

* Lead a team of underwriters to underwrite complex transactions by ensuring