Senior Vice President, Education Lending Greater Boston, MA Area

Position Overview

BlueHub Capital

is seeking an experienced and dynamic Senior Vice President (SVP) of Education Lending to deliver all aspects of BlueHub Loan Fund’s real estate focused lending, with a primary focus on non-profit operators of K-12 public charter schools. BlueHub’s offices are in Boston, MA and its lending footprint is national. The SVP of Education Lending will be responsible for managing all aspects of commercial lending services to a diverse portfolio of education borrowers nationwide. They will bring to the position demonstrated education lending experience and commitment to delivering capital in low-income communities to projects that significantly benefit low-income residents. They will have strong credit analysis and underwriting skills, experience originating, underwriting, closing and/or monitoring and restructuring loans to public, nonprofit charter schools, with a proven track record. This position will report to the Loan Fund President.

We are seeking a candidate who is local to the Boston, MA area and comfortable working a hybrid schedule of three days of work in the office (Tuesday, Wednesday, Thursday) and two days of remote work (Monday & Friday). We will consider remote candidates on a case-by-case basis.

Essential Duties and Responsibilities:

The essential duties and responsibilities will include, but not be limited to, the following:

Lending:

Expanding BlueHub’s network of relationships with school operators, charter management organizations, community leaders, mission-aligned developers, Community Development Financial Institutions (CDFI) and other lending partners, and other key stakeholders.

Identifying potential real estate lending opportunities and screening those opportunities for feasibility, impact and credit strength.

Underwriting loan transactions primarily for school facilities.

Structuring predevelopment, acquisition, construction, bridge, term and leverage loans.

Preparing approval memoranda and presenting credit recommendations to the BlueHub Loan Committee.

Closing complex loan transactions, including reviewing loan documents, and negotiating with the borrower, other lenders and public agencies.

Managing an active portfolio of relationships in partnership with the Portfolio Management team.

Other Duties:

Provide technical assistance to borrowers with varied levels of sophistication to strengthen projects, identify additional resources required and otherwise help projects advance and succeed.

Identify unmet capital needs in low-income communities for which BHLF can deliver financial loan products not otherwise being offered.

Public representation of BlueHub Capital to external stakeholders with respect to education lending and policy development.

Leadership in new product development, grant writing, Loan Fund policy and planning, and national CDFI activities and trainings, with respect to education lending.

Other duties as assigned

Preferred Qualifications and Skills:

Bachelor’s degree

Advanced degree in Finance or Real Estate is preferable

8 or more years of experience in real estate finance, preferably in charter school facilities. Experience with affordable housing, community health center facilities; and New Markets Tax Credit (NMTC) leverage loans is also helpful. Experience operating, underwriting or monitoring operations of public charter schools is also valuable to this role.

Self-motivated with excellent organizational skills

Able to work independently and as part of team, providing leadership on education matters.

Has strong quantitative and financial analysis skills, demonstrated experience with business development, underwriting and project management.

Excellent verbal and written communication skills

Commitment to the mission and goals of BlueHub Capital

Salary and Benefits:

This role offers a pay range of $185,000-$220,000. Positioning within this range will be commensurate with experience. BlueHub invests in the benefits, training, growth opportunities and infrastructure that let you envision a career here. Benefits for full-time employees include:

Generous insurance benefits: Health, dental, vision, life and disability insurance, including additional reimbursement for out-of-pocket healthcare expenses

Retirement benefits: Competitive 401(k) matching

Unique BlueHub benefits and stipends that support employee wellness, sustainable practices and charitable gift matching

Excellent package of vacation time and paid leave, as well as generous roll-over policies

About BlueHub:

BlueHub Capital is a mission-driven, nonprofit community development financing organization focused on building healthy communities where low-income people live and work. We use innovative financial tools and deploy capital to support projects that make communities more vibrant places to live. BlueHub has three distinct programs: BlueHub Loan Fund (community development financing), BlueHub SUN (foreclosure relief), and One Percent for America (citizenship financing). Since our founding in 1985, BlueHub has invested over $3.1 billion (and leveraged over $16.1 billion) to finance affordable housing, school facilities, child and youth development programs, community-based health centers, grocery stores, and community gathering places, reduce financial barriers to US citizenship, and offer mortgage lending for families facing foreclosure.

Increasing economic opportunity is at the heart of why BlueHub exists and why we do the work we do. Our investments focus on communities that have been systematically denied access to capital. Our offices are located in the Roxbury neighborhood of Boston, MA. To learn more about BlueHub Capital, please visit, .

BlueHub Capital is an Equal Opportunity Employer. It is our goal to make employment decisions that further the principle of equal employment opportunity by utilizing objective standards based upon an individual’s qualifications for a specific job opening.