More than 135 years ago, we started with core values that never go out of style: listen, learn and help businesses and individuals reach their goals. These core values shape our culture, and we were recently Great Place to Work Certified because of our outstanding workplace culture and employee experience. As well, our financial strength and stability are key reasons Forbes named us one of the Best 100 Banks in America for the ninth consecutive year.
With more than $16 billion in assets and 135 branch locations throughout Washington, Oregon, Idaho, and California, we understand our role in the economy and take that responsibility seriously. In addition to offering a source of capital to personal banking clients and businesses of all sizes, we place a high importance on employee volunteerism and donate millions of dollars each year to community organizations.
Join us in making a meaningful impact on communities by providing affordable housing loans to developers. As the Affordable Housing Market Manager, you’ll build strong relationships and structure complex real estate financings to support developer clients to build and rehab affordable housing projects across the state. This is a role where your expertise truly changes lives.
In this role you'll
Set the market strategy for affordable housing lending.
Originate CRA eligible affordable housing construction and permanent loans with nonprofit and for-profit affordable housing developer customers.
Develop and manage a portfolio of new and existing affordable housing relationships and negotiate loan terms and conditions.
Prepare and present credit analysis and recommendations on borrowing requests.
Conduct credit reviews to ensure compliance with policies and regulations.
Coach and mentor Relationship Managers and Portfolio Managers.
Actively market a broad range of bank services to meet the complex needs of customers.
Create awareness of the Bank and its services through community engagement.
What we're looking for
You have a bachelor’s degree in Real Estate, Finance, Accounting, Business, Economics, or a related field (Required).
You have a master’s degree in Urban Planning or Business (Preferred).
You have 8+ years of experience in affordable housing lending and business development (Required).
An equivalent combination of education and experience can be considered in lieu of a degree.
What helps you shine
You have a track record at building and managing affordable housing lending relationships.
You have knowledge of affordable housing financing sources including Low Income Housing Tax Credits, various government loan programs and operating subsidies.
You have stellar relationship management, presentation, and negotiation skills.
You understand local real estate markets in depth.
You bring strong financial and analytical skills to structure affordable housing real estate deals.
You have knowledge of cash management products.
Travel
Up to 20%
Our Company Values
Do the right thing
Mutual respect
Teamwork
Accountability
What Our Team Says
"I have the opportunity to learn and grow every day in my current role. I love the work life balance, knowing that we work hard, and strive for high performance but we are celebrated."
Compensation & Benefits
Targeted starting salary range (based on experience): $173,670 - $234,965
Annual incentive potential
Comprehensive employee benefits, including: medical, dental, vision, LTD, STD and life
Paid vacation time, sick time and 11 company paid holidays
401k (with up to 4% match)
Tuition reimbursement
Get more information at: Employee Benefits | Banner Bank
Banner Bank is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, marital status, age, disability or protected veteran status.
Banner Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings. Resumes submitted to any Banner Bank employee by a third-party agency and/or search firm without a valid written and signed search agreement, will become the sole property of Banner Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.
