What are the responsibilities and job description for the Director of Loan Originations and Markets Development position at Vital Healthcare Capital (V-Cap)?
About Vital Healthcare Capital:
Vital Healthcare Capital (V-Cap) invests in care that works, focusing on strong community-based healthcare that is vital to low-income and historically disadvantaged communities. We are a mission-driven Community Development Financial Institution (CDFI) that finances development of quality healthcare and good healthcare jobs in low-income communities. V-Cap supports community-based healthcare providers through flexible and advantageous financing, targeted development services, and strong community partnerships.
V-Cap is an equal opportunity employer and is committed to fostering an inclusive workplace. We particularly encourage applications from candidates within communities that benefit from our investments.
Position Summary:
This leadership position, reporting to our CEO, will play a key role in the next phase of V-Cap’s growth, with responsibility for directing the development of V-Cap’s loan portfolio and pipeline, broadening V-Cap’s outreach in current borrower markets, representing V-Cap in new markets, and deploying V-Cap capital to maximize impact on low-income community health and health equity.
This role will be located in one of our key market areas, in metro New York City, or remote located in Raleigh-Durham area, NC or in the Denver metro area, CO.
Key Responsibilities:
• Lead development of V-Cap’s short-term and long-term lending pipeline;
• Oversee marketing and outreach to our borrower markets;
• Build long-term collaborative partnerships with potential community health borrowers;
• Complete preliminary analysis of credit issues in loan origination process;
• Structure pipeline loan transactions to strategically leverage V-Cap’s assets;
• Collaborate with V-Cap’s partner credit administration team for underwriting, credit review, and transaction execution.
Qualifications:
• Minimum five years’ experience in credit/lending/impact or philanthropic investing;
• MBA, MPA or equivalent; or sufficient comparable career experience;
• Experience in financial marketing or business development, with strong financing knowledge and skills, including ability to structure and adapt financing arrangements for specific transactions
• Experience in non-profit finance and management is highly desirable, including for example finance management roles at a community-based organization, or consulting for community-based healthcare providers;
• Excellent interpersonal relationship building skills necessary for relational marketing, and developing transactions in a partnered and mission-focused model;
• Excellent verbal and written communication skills, including proficiency in translating financial concepts and products to nonfinance audiences; and responding to the business interests of our community healthcare borrowers;
• Excellent organizational and project management skills, with attention to detail.
• Commitment to V-Cap’s mission;
• Self-starter who thrives in a remote work environment.
Why Join V-Cap? We value each team member's contributions. You will:
● Be an integral part of our mission-driven team, driving the efforts that are dedicated to creating meaningful change in community healthcare.
● Play a critical role in developing and delivering impactful transactions.
● Be an innovative thinker and executor in building innovative financing structures, including NMTC transactions, and other healthcare-focused lending opportunities.
● Enhance and encourage a collaborative and inclusive environment committed to professional growth and social impact.
You will also earn a competitive salary, commensurate with your credentials and experience, along with robust benefits, including comprehensive health insurance, ancillary benefits and retirement savings plan.
Please submit your resume and cover letter to recruiting@vitalcap.org by April 30, 2025. Applications from candidates with diverse backgrounds and from underrepresented communities are strongly encouraged.
Salary : $120,000 - $150,000