Director of Lending

MISIDE • Detroit, MI

4d • $68,000 - $80,000

About The Position

The Director of Lending is responsible for the oversight of all residential and commercial properties owned or controlled by MiSide Housing. This individual will be in charge of maximizing project performance through the execution of business and asset management plans and strategies. This position will be responsible for the integrity, maintenance and reporting of all statistical information, and regulatory records required in accordance with program regulations, funding source requirements, and special initiatives. The Director of Lending will oversee the integrity and maintenance of corporate asset records for all real estate owned by MiSide Housing and its subsidiaries.

Requirements

• Bachelor’s degree in Property Management, Business Management, Finance, Real Estate or related field is preferred
• Five years of property or asset management experience
• Three years serving in leadership roles directing the work of others to the achievement of goals
• Possession of a valid driver’s license and access to a private vehicle for day-to-day job performance
• Possess comprehensive knowledge of residential real estate lending, including knowledge of the primary and secondary markets, product development, pricing and the retail, wholesale and correspondent lending production channels
• Skilled with all aspects of the residential real estate loan process, including first mortgage loans (fixed-rate and adjustable), intermediate-term ARMs, second trust loans and lines of credit, credit scoring, servicing operations, risk management, portfolio analysis, product and service marketing
• Hold general knowledge of real estate, corporate finance and investment banking industries
• Experience in effectively communicating and working with outside entities, such as other not-for-profits, community groups, collaborative organizations in obtaining support for and implementing projects
• Ability to monitor and analyze changes in the residential real estate lending marketplace, and develop and implement appropriate short- and long-term business solutions

Nice To Haves

• Possess a valid Michigan Real Estate License, or Broker-Salesperson License, preferred
• Experience working for, or closely with, a Community Development Financial Institution is a plus

Responsibilities

• Oversight of all residential and commercial properties owned or controlled by MiSide Housing
• Maximizing project performance through the execution of business and asset management plans and strategies
• Responsible for the integrity, maintenance and reporting of all statistical information, and regulatory records required in accordance with program regulations, funding source requirements, and special initiatives
• Oversee the integrity and maintenance of corporate asset records for all real estate owned by MiSide Housing and its subsidiaries

What This Job Offers

• Job Type: Full-time
• Career Level: Senior