Loan Officer, Business Development

Loan Officer, Business Development

Primary Care Development Corporation

Flexible Location, USA   |   March 26, 2021

About Primary Care Development Corporation (PCDC)

Catalyzing Excellence in Primary Care

Quality primary care is transformative and a cornerstone of healthy, thriving communities. PCDC, a nationally recognized 501(c)(3) community development financial institution (CDFI), catalyzes excellence in primary care through strategic community investment, capacity building, and policy initiatives to achieve health equity. The organization is experiencing significant growth due to its past success and seeks candidates who are mission-driven and respectful and thrive in a supportive, team environment.

PCDC’s Capital Investment Practice invests in communities by providing advisory services and flexible, affordable capital to create lasting and sustainable impact for the organizations and the communities they serve. PCDC is uniquely positioned to provide financing that is tailored to transforming and expanding primary care, including, wherever possible, the integration of comprehensive medical, dental, and behavioral health services. PCDC provides strategic advice to help organizations that are preparing for growth and an expansion of services or planning facility development projects and offers a variety of affordable and flexible short-term and long-term loan solutions to support capital projects as well as other business and service expansions. PCDC’s Capital Investment staff understand primary care business models and monitor policy changes and regulations that affect primary care practices and revenue streams and serve as trusted advisors to clients on what it takes to successfully finance capital projects in a changing health care environment. To fund our loans, we raise impact investment capital to enable is to deliver flexible, affordable capital solutions to our clients. We also partner with other community development lenders and advocates dedicated to catalyzing excellence in primary care to ensure we can meet a client’s needs, regardless of project size.

For more information on Primary Care Development Corporation, please visit the website.

The Opportunity

The Capital Investment Loan Officer, Business Development will play a central role in the growth and expansion of PCDCs lending business nationally. The Loan, Officer, Business Development will be responsible for cultivating relationships, building pipeline, and structuring loans and New Markets Tax Credit (NMTC) transactions, working closely with colleagues in the Capital Investment team. Primary responsibilities include: identifying viable opportunities, developing capital solutions, structuring terms, coordinating due diligence; analyzing financial statements; performing the initial analysis; preparing and presenting proposals to the Chief Lending Officer and Chief Credit Officer. The Loan Officer, Business Development will partner internally to support the achievement of budgeted goals, contribute to process improvements, develop networks, and ensure transactions conform with PCDC’s impact and credit standards. The Loan Officer, Business Development will report to the Chief Lending Officer.

The Loan Officer, Business Development is accountable for loan origination activities, including sourcing, cultivating, structuring, and analyzing transactions.  Responsibilities include, but are not limited to:

  • Identify opportunities and cultivate relationships across the spectrum of community health practices supported by PCDC’s lending program through the U.S. with emphasis on PCDC’s target geographic markets
  • Engage with clients to understand needs and develop effective financing solutions to meet those needs and conform to PCDC impact and credit standards.
  • Develop prospects and build pipeline of viable financing opportunities that meet short-term and long-term team and enterprise goals and strategy.
  • Work with borrowers through all stages of the financing process, from sourcing new clients and projects, assessing the viability of potential borrowers and projects, conducting financial analyses, and structuring loans and NMTC, preparing and presenting credit proposals, and negotiating financing solutions in accordance with credit policy and guidelines.
  • Develop and maintain knowledge of PCDC target geographic markets and identify evolving trends, risks and opportunities. Disseminate knowledge to colleagues to inform Capital Investment practice.
  • Cultivate and maintain strong relationships with current and future borrowers, key stakeholders, and partners.
  • Ensure efficient and productive communication and coordination with the Chief Credit Officer and the portfolio management staff to ensure sound risk and asset management practices.
Candidate Profile

The ideal candidate will have the following professional and personal qualities, skills, and characteristics:

  • Minimum of five years lending experience in community development and/or community facility financing, including underwriting and administration of construction loans, preferably with a CDFI or other community development lender
  • Experience in real estate development or health care financing preferred
  • Bachelor’s degree in Business or Finance (Master’s Degree in Business, Finance or related field preferred)
  • In-depth knowledge of credit and lending products and services, as well as analysis of financial indicators related to credit risk management
  • Knowledge of, or commitment to, the healthcare industry and primary healthcare
  • Record of successful business development
  • Strong oral and written communication skills, including experience speaking publicly
  • Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in culturally and ethnically diverse environments
  • Self-motivated, have a positive attitude, and be enthusiastic to work in a start-up and entrepreneurial environment
  • Ability to travel throughout the U.S., including a valid driver’s license
  • Knowledge of New Markets Tax Credits (NMTC) and Community Development Financial Institutions (CDFIs) is preferred
  • Strong financial analysis skills, particularly with nonprofit accounting
  • Strong communicator and relationship builder with the ability to forge deep community relationships
  • Experience in building, managing, and deepening client relationships.
  • Outstanding interpersonal and oral/written communication skills, ability to produce exceptional quality work as part of an interdisciplinary team of professionals
  • High degree of self-motivation, creativity, and flexibility
  • Excellent teamwork and strong time management skills are essential.
Compensation & Benefits

PCDC offers a competitive salary and a comprehensive benefits package.

Contact

The Primary Care Development Corporation (PCDC) has engaged Koya Partners to help in this hire. Please submit a compelling cover letter and resume to Erin Reedy and Christy Farrell here.

……………..

The Primary Care Development Corporation (PCDC) is committed to creating and maintaining a diverse and inclusive workplace. PCDC is proud to be an equal opportunity employer and gives full consideration for employment to all qualified applicants regardless of race, color, creed, religion, sex, gender, gender identity or expression (including transgender status), sexual orientation, national origin, ancestry, citizenship status, age, disability or handicap, veteran status, marital status, pregnancy, genetic information or any other characteristic protected by applicable law.

About Koya Partners

Koya Partners, a part of the Diversified Search Group, is a leading executive search and strategic advising firm dedicated to connecting exceptionally talented people with mission-driven clients. Our founding philosophy—The Right Person in the Right Place Can Change the World—guides our work as we partner with nonprofits & NGOs, institutions of higher education, responsible businesses, and social enterprises in local communities and around the world.

For more information about Koya Partners, visit www.koyapartners.com.