THE COMPANY The Low Income Investment Fund is a non-profit Community Development Financial Institution (CDFI) that mobilizes capital and partners to achieve opportunity, equity and wellbeing for people and communities. LIIF innovates financial solutions to create more equitable outcomes for all by building and preserving affordable homes, quality educational opportunities from early childhood through higher education, health clinics, healthy food retail and community facilities. In this way, LIIF provides a bridge between private capital markets and communities. LIIF’s headquarters is in San Francisco and has offices in Los Angeles, New York, Atlanta, and Washington D.C.

REPORTING RELATIONSHIPS: This position reports to the Director, National Community Facilities Lending.

JOB SUMMARY: The Deputy Director serves as a senior member of the National Community Facilities Lending team, supporting the Director in achieving lending targets, managing te*/am performance, and ensuring strategic alignment across lending programs. This role combines leadership in loan production with oversight of special initiatives, portfolio quality, policy integration, and product innovation. The Deputy Director works collaboratively across departments to deliver high-impact lending solutions for under-resourced communities and serves as a public-facing representative of LIIF’s thought leadership in the sector.

KEY RESPONSIBILITIES: Strategic Lending Oversight – 30% Lead oversight of the full loan lifecycle for community facility transactions, ensuring quality, timeliness, and alignment with LIIF’s lending strategy. Set performance expectations and monitor progress toward lending targets across the national community facilities portfolio. Troubleshoot complex or stalled transactions and advise Loan Officers on deal structuring, regulatory issues, or partnership alignment. Ensure adherence to credit policies, impact guidelines, and risk thresholds by reviewing loan memos, financial models, and credit packages. Partner with the Director and VP to update the lending strategy based on production trends and market shifts. Staff Supervision and Professional Development – 20% Serve as a direct supervisor to Senior Loan Officers and other team members, providing coaching, regular performance feedback, and career development planning. Design and deliver onboarding and continuing education opportunities for lending staff, including credit analysis, market intelligence, and federal program training. Foster a high-performing team culture that values accountability, collaboration, learning, and racial equity. Lead periodic case reviews or deal retrospectives to promote knowledge-sharing and continuous improvement. Business Development and Stakeholder Engagement – 15% Manage relationships with major borrowers, anchor institutions, foundations, and public sector agencies. Represent LIIF in high-stakes negotiations, coalition efforts, and capital roundtables to secure pipeline opportunities. Ensure strong coordination between Lending and the Communications, Development, and Policy teams on fundraising or co-marketing efforts. Analyze deal pipeline metrics to forecast future lending performance and identify partnership needs. Program and Policy Execution – 10% Oversee implementation of federal, state, and philanthropic capital programs, including ensuring compliance with eligibility and reporting requirements. Work in partnership with the Director of Federal Policy and Government Affairs to align lending programs with emerging policy opportunities. Represent LIIF in advocacy spaces and provide feedback on legislation or regulatory shifts impacting lending activity. Product Innovation and Credit Risk Management – 10% Lead product development efforts in response to new capital tools, unmet market needs, or borrower demand (e.g., for predevelopment or working capital loans). Collaborate with the Director, Credit Officers, and Asset Management to maintain portfolio health, address early warning signs, and manage distressed assets. Provide input into loan pricing, underwriting standards, and risk rating criteria based on real-time market data. Serve on internal credit committees as a senior reviewer, offering both transactional and strategic feedback. External Representation and Industry Leadership – 10% Represent LIIF as a senior thought leader in the community development finance sector. Represent LIIF at national conferences and industry forums through participation in panels, publication of articles or case studies, and by fostering relationships with peer CDFIs, funders, and investors to elevate the organization’s visibility and thought leadership. Maintain strategic relationships with external collaborators in real estate, education, health, and financial services. Contribute to branding and messaging about LIIF’s role in community investment innovation. Other Duties as Assigned – 5% Participate in strategic planning efforts and annual budget forecasting. Support cross-functional projects, DEI initiatives, or impact reporting development. Provide input to executive leadership on organizational priorities, emerging challenges, or special initiatives.

QUALIFICATIONS: Bachelor’s degree in Finance, Business, Public Administration, Real Estate, or a related field. Advanced degree preferred. 8–10 years of progressively responsible experience in community development lending, with a focus on real estate-based transactions. Proven expertise in loan origination, underwriting, deal structuring, and risk mitigation. Strong experience with charter school, early learning, health facility, or community facility financing. Demonstrated success managing lending teams and mentoring junior staff. Advanced financial analysis skills, particularly in nonprofit and real estate financials. Deep knowledge of CDFI industry standards, NMTCs, and public subsidy layering. Familiarity with federal, state, and local funding sources for housing and community development. Strong strategic planning, time-management, and organizational skills. Excellent interpersonal, oral, and written communication skills. Track record of building and maintaining relationships with borrowers, partners, and public agencies. Proficiency with Microsoft Office Suite and financial or CRM database systems. Self-motivated, mission-aligned, and committed to equity in underserved communities.

ADDITIONAL INFORMATION: LIIF offers a hybrid work environment with flexibility to balance in-office and remote work. However, all employees are expected to work on-site at least two (2) days per week. The successful candidate may be expected to travel occasionally for meetings, trainings, conferences, or other Company sponsored events.

All Low Income Investment Fund (LIIF) employees must be fully vaccinated against COVID-19. In accordance with LIIF's policies, we provide reasonable accommodations, absent undue hardship, to qualified individuals who cannot get vaccinated against COVID-19 because of sincerely held religious or medical reasons. If you believe you need an accommodation from the vaccination mandate required by this policy, please notify our Human Resources Department.

HOW TO APPLY : Please apply with Resume and Cover Letter via our recruitment portal: Recruitment (adp.com)

Notice to Third Party Recruitment Agencies: Please note that Low Income Investment Fund does not accept unsolicited resumes from recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, there will be no obligation to any referral compensation or recruiter fee.

In the event a recruiter or agency submits a resume or candidate without an agreement Low Income Investment Fund shall explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Low Income Investment Fund.

We do not accept unsolicited phone calls. Only candidates being considered for a position will be contacted.

LIIF, an EOE (Equal Opportunity Employer), believes that diversity ensures excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender, or national origin. Candidates of diverse backgrounds and with diverse experience are strongly encouraged to apply for this position.