Chief Lending and Credit Officer

The Organization:

Partners for the Common Good (“Partners”) is a national community development finance organization that operates a family of companies with a common mission to advance economic justice and racial equity by partnering with and strengthening mission focused to bring capital, create opportunity, and build wealth for low-income people and communities.


As industry experts, Partners provides opportunities for capacity building, tailored financial services, impact measurement, and public policy advocacy to our network. Our unique business model is driven by the partnerships within our network of CDFI’s that provide responsible capital to communities across the United States. We also develop collaborative opportunities within the broader finance industry, impact depositors and mission-aligned institutions who see value in community development finance as a systemic solution to stabilizing vulnerable communities.  


Partners operates the following entities:

  • PCG Loan Fund (PCG) – PCG is a national CDFI lending network with local impact focused on affordable housing and community facilities finance.;
  • Community Development Bankers Association -- CDBA is the national trade association for the CDFI, MDI and mission focused banking sector and advocates for the industry and communities they serve,;
  • CapNexus – is a community development finance and industry networking and information sharing platform

Founded in 2000, Partners’ created the CDFI industry’s first wholesale loan participation network that today has partnered with 50+ CDFIs in Washington, DC and 38 states, currently originates $18-20 million in participation transactions annually, and currently has an outstanding portfolio of nearly $50 million. In 2021, PCG launched the $50 million Economic Justice Partnership Fund (EJPF), an innovative off-balance sheet facility to expand PCG’s product offerings to the CDFI community.  PCG also participates as a community development entity (CDE) allocating New Markets Tax Credits (NMTC).  To date, PCG has received $85 million in NMTCs. PCG also provides contract servicing, monitoring, and advisory services for impact-focused external portfolios.


Our work is pioneering in its creation of new tools and infrastructure for community development finance organizations to manage portfolios and grow their scale and impact.

PCG’s office and the position is located in Washington DC. 


The Opportunity:

The Chief Lending and Credit Officer is a senior management position.  The incumbent will oversee PCG’s lending and loan participation programs and play a key role in cultivating new lending partners as well as direct borrowers.  The Chief Lending and Credit Officer will report to the Chief Executive Officer and will directly manage a lending and portfolio management team.



Directly responsible for achieving PCG’s quarterly and annual lending goals (both for EJPF as well as PCG’s participation lending program).  Tasks include:


·                Cultivate new business and proactively market PCG’s offerings to new and potential lending partners and borrowers 

·                Source lending opportunities for the Economic Justice Partnership Fund and coordinate with other senior management to maintain investor and partner relationships

·                Broker and arrange loan participations and syndications among CDFI, institutional and retail participants

·                Develop and maintain productive working partnerships with lending and investing partners

·                Source NMTC investment opportunities (to extent NMTC allocation is available), coordinating the underwriting, approval, and closing process

Lead all aspects of PCG’s lending programs, NMTC, and loan portfolio, including: (1) managing underwriting of new transactions; (2) monitoring, managing delinquent loans and work outs (as necessary); (3) administering portfolio composition to balance risk, and (4) meeting strategic plan goals.  Tasks include:


·                Supervise/conduct credit analysis and underwriting of loan requests and screen transactions for overall credit worthiness as well as impact

·                Implement criteria to screen and monitor originating lending partners

·                Manage credit and portfolio risk in manner that enables PCG to maintain a healthy portfolio and solid financial performance

·                Ensure underwriting is effective, credit risk mitigated, security interests are perfected, and other activities

·                Supervise portfolio management responsibilities, including loan closings, maintenance of credit files, investor compliance, and loan servicing

·                Manage internal program staff, contract underwriters, and committee members (to include Loan Committee, and NMTC-related committees), including overseeing preparation of monthly Loan Committee packages, presenting requests to committees, and ensuring smooth functioning of meetings

·                Work with legal counsel, underwriting staff, and portfolio director to review loan documentation

·                Work closely with other senior management to maintain adequate liquidity to meet strategic goals

·                Identify need for, and implement new products and/or policies


Support Other PCG Program Activities:

·                Serve as part of senior management team to strategically and operationally guide the organization, including reporting to the PCG Board of Directors

·                Support achievement of social impact goals

·                Participate in design and implementation of new products and services



PCG seeks a seasoned professional with an entrepreneurial spirit and strong commitment to mission, and the following skills and experience:

·                A bachelor's degree in a related field, such as business or finance; master’s degree preferred

·                A solid track record (10+ years) in credit analysis and underwriting of real estate transactions, with experience in affordable housing, community facilities, and /or commercial real estate.

·                Exceptional business development and interpersonal skills.

·                Strong portfolio management skills.

·                Strong knowledge of and contacts within the CDFI industry

·                Experience in managing loan participations and syndications among multiple lenders is a strong plus.

·                Experience in financing transactions with Low Income Housing Tax Credits and/or New Markets Tax Credits is a strong plus.

·                Strong knowledge and contacts among banking and institutional investor sectors is a plus.

·                Experience managing staff, consultants and volunteer loan committee members.


Competitive salary commensurate with experience. Medical, Dental, Vision, Life & Disability coverage available. Retirement plan (employer matching and profit sharing); paid vacation, sick leave days, and holidays.  Pleasant work environment.  PCG is an equal opportunity employer.


PCG acknowledges and honors the fundamental value and dignity of all individuals. Our community strives to create and maintain a working environment that respects diverse traditions, heritages, and experiences. We are an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

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