What are the responsibilities and job description for the Director, Credit & Compliance position at Enterprise Community Partners, Inc.?
Enterprise Community Partners, Inc. Director, Credit & Compliance - Seattle, Washington
Enterprise is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $72 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands - all to make home and community places of pride, power and belonging.
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At Enterprise, you'll be part of a diverse, committed team making a difference every day. You will collaborate with some of the smartest minds and biggest hearts in our field. You'll be empowered to drive systems change and take bold steps to advance racial equity. And you will find a career home where you're valued and supported in your growth journey.
Enterprise offers career opportunities in our offices across the country with an exceptional benefits package.
Job Description Summary
Enterprise co-founded Power Forward Communities (PFC), a landmark coalition with some of the country's most trusted community development, climate, and housing organizations. It is purpose-built to decarbonize America's homes and drive a market transformation that cuts costs, benefits renters and homeowners, and focuses on low-income communities nationwide. The EPA has awarded the coalition a $2 billion National Clean Investment Fund (NCIF) grant. Together with our coalition partners, Enterprise will use this award to deploy a powerful combination of financing, market building, and community engagement to create healthier, safer, and more affordable homes.
The Director, Credit and Compliance will be a core member of Enterprise Green Accelerator, a business line responsible for investments made with National Clean Investment Fund (NCIF) grant funds received as part of the Power Forward Communities (PFC) award. Ultimately, this is a tremendous opportunity to shape equitable affordable housing and community facility decarbonization.
Responsibilities
The Director, Credit and Compliance will be responsible for :
- Establishing and maintaining credit policies and lending standards for EGA to ensure investment proceeds are used for eligible purposes and that risk tolerances are maintained.
- Recommending the approval process and approval authorities.
- Developing monthly reporting requirements to support portfolio management from a credit perspective.
- Managing a team of four.
This position may be based in any of the following locations : Atlanta, GA; Chicago, IL; Cleveland, OH; Columbia, MD; Denver, CO; Detroit, MI; Los Angeles, CA; New Orleans, LA; New York, NY; San Francisco, CA; Seattle, WA; Washington, D.C.
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