CHIEF CREDIT OFFICER

ENTERPRISE COMMUNITY LOAN FUND

Summary:

Reporting to the President of Enterprise Community Loan Fund, the Chief Credit Officer is the member of the senior management team responsible for credit and risk management functions for the Loan Fund's $300 million portfolio of community development loans. The Chief Credit Officer's major responsibilities include managing credit risk and portfolio performance, supervising portfolio reporting and servicing functions, as well as developing and implementing credit policies and procedures that support strong credit quality and improve front line credit and risk management. He/she will work closely with staff, financial institutions, and Enterprise affiliates and subsidiaries to define and implement tactical plans that support the strategic goals and priorities of the Loan Fund. The position requires an experienced professional with strong analytical, financial and management skills. This position is expected to work collaboratively with the Chief Lending Officer.

Responsibilities:

* Review all loans and modification requests to ensure they are properly risk rated, comply with credit policies or warrant a waiver, and approve as appropriate under delegated approval authority.

* Analyze and monitor portfolio performance to guide the development, implementation or updating of credit policies and risk rating guidelines, and report findings to the Board of Directors as necessary.

* Chair the Delinquency Committee and assume primary responsibility for establishing loan loss reserves and ensuring full implementation of workout plans for delinquent and troubled loans.

* Supervise the credit administration function, including loan servicing, portfolio reporting and credit analysis.

* Assist in the development of new products, programs and regional loan funds by crafting credit policies and procedures that support their strategic objectives and risk tolerance.

* Collaborate with the chief lending officer to assess training needs of a team of ten lenders and to develop semi-annual seminars that address the skill and knowledge gaps identified.

* Manage the Loan Committee process and serve as primary liaison to Enterprise-wide risk management team and for all external credit reviews and internal control audits involving lending areas.

* Assist with other projects as needed

Qualifications:

* Undergraduate degree required; advanced degree in business, finance or related field preferred

* Ten (10) years of lending experience, with five (5) years of progressively responsible management experience including supervision of lending and credit analysis functions; experience in managing troubled loans and workouts is highly desirable.

* Demonstrated experience in and knowledge of the community development and affordable housing fields; knowledge of and experience working with public subsidy programs is preferred.

* Ability to manage multiple projects and assignments, meet tight deadlines, coordinate and communicate effectively among widely-dispersed parties.

* Strong customer service orientation and demonstrated skills in relationship management and cultivation.

* Detailed analytical skills with database management and spreadsheet knowledge

* Excellent oral and written communication skills with demonstrated ability to represent Enterprise's mission and work in all internal and external forums

* Ability to travel up to 20% of the time

Location

Columbia, MD

Cheryl D. Peoples, Executive Assistant to
Sheila Turybury Vice President,Chief Administrative Officer
Enterprise Community Partners
American City Building
10227 Wincopin Circle
Columbia, MD 21044
410-772-3058 (phone)
410-772-2702 (fax)