Vice President – Lending

Mass Product Development

Vice President of Lending managing commercial lending transactions supporting economic growth in Massachusetts. Building relationships and analyzing creditworthiness while promoting financing programs through MassDevelopment.

Posted 6/27/2026full-timeWorcester • Massachusetts • 🇺🇸 United StatesLead💰 $128,250 - $150,000 per yearWebsite

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Hard Skills

commercial lendingcredit analysisrisk assessmentloan structuringdocumentationportfolio managementfinancial statement analysisbusiness lendingconstruction lendingcommercial real estate lending

Soft Skills

relationship managementbusiness developmentanalytical skillsproblem-solvingorganizational skillsverbal communicationwritten communicationcollaborationindependent judgmentmulti-tasking

Tools & Technologies

Microsoft OfficeExcelWordfinancial reporting toolsdatabase management tools

Industry Keywords

creditworthinessfinancing solutionsloan guaranteeseconomic development financingstate and federal tax credit programsgreen finance toolscovenant complianceportfolio performanceCredit CommitteeMassDevelopment

About the role

Key responsibilities & impact

Originate, evaluate, structure, underwrite, and negotiate commercial loans, loan guarantees, and other financing solutions that support business growth across Massachusetts.
Manage transactions through the full lending lifecycle, including credit analysis, approval, commitment, documentation, closing, and ongoing portfolio management.
Prepare and present financing requests to the Credit Committee, senior leadership, and Board of Directors.
Analyze borrower financial statements, assess creditworthiness and risk, and monitor portfolio performance through annual reviews, covenant compliance, and ongoing risk assessments.
Review loan and construction advance requests to ensure consistency with approved loan terms and Agency requirements.
Build and maintain relationships with borrowers, banks, referral sources, and public and private sector partners to identify financing opportunities and expand access to capital.
Collaborate with financial institutions on participations, guarantees, and co-lending arrangements.
Maintain accurate loan and borrower records and contribute to financial reporting, budgeting, forecasting, and analytical presentations.
Represent MassDevelopment at industry events, conferences, and community engagements while promoting the Agency's products and programs.
Support special projects and perform other duties as assigned.

Requirements

What you’ll need

Bachelor's degree in Finance, Accounting, Business Administration, or a related field; equivalent combination of education and relevant lending or credit experience will be considered.
Five (5) or more years of experience in commercial lending, business lending, commercial real estate lending, construction lending, or a related financing environment.
Strong knowledge of commercial loan underwriting, credit analysis, risk assessment, loan structuring, documentation, and portfolio management, including formal credit training or a strong commercial credit background.
Demonstrated ability to analyze financial statements, evaluate creditworthiness, and structure complex lending transactions.
Experience with commercial real estate lending and familiarity with state and federal tax credit programs, green finance tools, and other economic development financing resources.
Proven relationship management and business development skills, with the ability to cultivate partnerships with borrowers, financial institutions, referral sources, and other stakeholders.
Excellent analytical, problem-solving, organizational, verbal, and written communication skills, with the ability to manage multiple priorities and deadlines.
Proficiency with Microsoft Office applications, particularly Excel and Word, and other financial reporting and database management tools.
Ability to work collaboratively in a team environment while exercising sound independent judgment and managing an individual portfolio.
Commitment to MassDevelopment's mission and to advancing equitable economic development for businesses and communities across the Commonwealth.

Benefits

Comp & perks

Medical, dental, and vision insurance to support you and your family
Robust 401(a) and 457(b) plans with agency match
Vacation, sick time, personal days, and holidays
Hybrid work options to support balance and integration
Tuition reimbursement, student loan assistance, and opportunities for continued learning
Resources and programs to help you thrive personally and professionally