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Construction Loan and Closing Specialist


PayCompetitive
LocationBoston/Massachusetts
Employment typeFull-Time

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  • Job Description

      Req#: fk0pd8d
      Employer Industry: Community Development Financing

      Why consider this job opportunity:
      - Competitive salary commensurate with experience
      - Generous insurance benefits, including health, dental, vision, life, and disability insurance
      - Competitive 401(k) matching retirement benefits
      - Unique benefits and stipends that promote employee wellness and charitable giving
      - Excellent vacation time and paid leave with generous roll-over policies
      - Opportunity to contribute to community development and make a positive impact

      What to Expect (Job Responsibilities):
      - Build and maintain construction cash flow spreadsheets, tracking budgets and disbursements
      - Manage loan closing processes and coordinate with loan officers and legal counsel
      - Review construction requisitions and manage ongoing construction disbursements
      - Develop monthly, quarterly, and annual reports for stakeholders
      - Ensure compliance with internal loan policies and procedures

      What is Required (Qualifications):
      - 4-5 years of experience in loan closing, construction loan management, or related fields
      - Proficiency with MS Office Suite
      - Experience with databases and CRM platforms; familiarity with Salesforce and/or TEA preferred
      - Strong quantitative, written, and verbal communication skills with attention to detail
      - Ability to build relationships and work collaboratively in a diverse team environment

      How to Stand Out (Preferred Qualifications):
      - Understanding of New Markets Tax Credit (NMTC), Low-Income Housing Tax Credit (LIHTC), and Historic Tax Credit (HTC) programs
      - Experience with community development real estate developers and nonprofit organizations
      - Candidates reflecting the diversity of the communities served are encouraged to apply

      #CommunityDevelopment #LoanManagement #ConstructionFinance #NonprofitJobs #CareerGrowth

      "We prioritize candidate privacy and champion equal-opportunity employment. Central to our mission is our partnership with companies that share this commitment. We aim to foster a fair, transparent, and secure hiring environment for all. If you encounter any employer not adhering to these principles, please bring it to our attention immediately.
      We are not the EOR (Employer of Record) for this position. Our role in this specific opportunity is to connect outstanding candidates with a top-tier employer."
  • About the company

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