About TruFund Financial Services
TruFund Financial Services, Inc. ("TruFund") is a 501(c)(3) Community Development Financial Institution (CDFI), certified by the U.S. Treasury Department’s CDFI Fund and headquartered in New York City with offices in LA, AL, TX & GA. Our mission is to promote and foster economic development within underserved communities and among disadvantaged populations. TruFund achieves this by providing innovative financial solutions that have a TruImpact, revitalize communities, and create jobs. As a nonprofit, mission-driven entity, TruFund offers affordable loan capital to small businesses and nonprofit organizations that are financially viable but have difficulty accessing capital from banks or other conventional lenders.
Our lending and impact efforts are further enhanced through our two wholly owned subsidiaries: Empowerment Reinvestment Fund, a National CDE offering New Markets Tax Credit to enable access to private investment in distressed communities, and our Tru-Capital Investment Fund – Impact Developers Fund, which provides equity capital to established underrepresented affordable housing developers nationally.
TruFund was established in 2005 as a nonprofit organization dedicated to advancing economic opportunities for people, businesses, and communities in need.
Position Summary
TruFund is seeking a strategic and experienced Vice President of National Lending / Head of SBA Lending based in Atlanta, GA or New York market to oversee the national lending strategy and operations with a special focus on the administration and expansion of TruFund’s SBA loan portfolio. This senior leadership role will direct loan origination and support underwriting, portfolio management, and compliance across TruFund’s footprint while managing the full life cycle of TruFund’s loan products. The VP will work closely with internal teams, external partners, and stakeholders to ensure a high-impact, compliant, and scalable lending platform that meets the needs of small businesses in underserved communities nationwide.
Reporting to the SVP & Chief Lending Officer, the VP of National Lending will work closely with the Chief Lending Officer, VP of National CRE and AVP/Manager of Lending Programs & Administration to find the most suitable financing solutions for our clients and to effectively manage the loan process from origination through loan booking. The VP of National Lending will continue to actively oversee the management of our borrower relationships throughout the term of their loan.
Estimated Salary: $130,000-150,000 per year + Bonus as well as a full benefits package that includes health, life, dental and disability insurance, sick leave, 4 weeks’ vacation and 12 paid holidays per year. The position is a hybrid role and may be based in either Atlanta, Georgia or New York, provided the candidate resides within a 30-mile radius of the office to support the once-weekly in-office requirement.
About the Role:
The VP of National Lending will also work directly with community partners in our markets to source lending opportunities and to develop loan programs to support underserved small businesses.
The VP of National lending will provide pre and post loan technical assistance, conduct initial credit analysis, develop cashflow projections, loan packaging and support the Chief Lending Officer.
Key Responsibilities:
National Lending Strategy & Leadership
- Lead the development and execution of TruFund’s national lending strategy in alignment with the organization’s mission and growth goals.
- Oversee lending teams and activities across all markets (NY, LA, AL, TX, GA) ensuring consistency, excellence, and impact.
- Develop market-specific and national strategies to grow the loan portfolio, deepen client relationships, and expand TruFund’s reach.
SBA Loan Portfolio Administration
- Lead the full administration of TruFund’s SBA 7(a) Community Advantage loan portfolio
- Ensure SBA loan origination, underwriting, documentation, servicing, and reporting are fully compliant with SBA regulations and TruFund’s internal controls.
- Maintain strong relationships with the SBA, industry partners, and regulators to ensure TruFund remains a high-performing and preferred lender.
- Implement and manage internal policies, procedures, and controls to maintain a sound SBA loan program.
Business Development & Community Engagement
- Cultivate relationships with community partners, banks, government agencies, and economic development organizations to source high-quality lending opportunities.
- Represent TruFund on national lending and CDFI panels, conferences, and working groups to elevate visibility and influence in the industry.
- Lead strategic efforts to attract new funding sources, including capital providers, grantmakers, and programmatic partners.
Portfolio & Risk Management
- Support the credit quality and risk management of the national loan portfolio.
- Monitor portfolio performance and coordinate with Chief Credit Officer and TruFund’s portfolio management team on risk mitigation strategies as needed.
- Partner with TruFund’s Finance and Compliance teams to ensure robust reporting and internal audits.
KNOWLEDGE, EXPERIENCE, SKILLS, AND ABILITIES REQUIREMENTS
Education and Related Work Experience:
- Bachelor’s degree in Finance, Business, or related field; MBA or advanced degree preferred.
- Minimum 10 years of progressive experience in commercial lending, including significant experience with SBA loan programs.
- Prior senior leadership work-related experience with community development lending, small business administration (SBA) loans, as well as traditional and alternative loan programs is also required
Knowledge, skills, and abilities:
- Deep knowledge of SBA loan programs, policies, and procedures.
- Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required.
- Superior analytical skills are required.
- A working knowledge of Small Business Administration (SBA) Loan Programs, Policies and Procedures as well as traditional and alternative Loan Programs is beneficial.
- Must be proficient in Windows-based software.
- Ability to travel to visit prospective and current clients as necessary.
- Must possess the ability to meet performance goals
- Knowledge of the New York market, including financial institutions, local government, and community organizations; and an understanding of local priorities, opportunities and challenges are preferred.
- Strong commitment to community and economic development ideals
- Strong interpersonal skills and proven ability to work effectively with a wide variety of people and organizations, and in racially, ethnically and socioeconomically diverse environments.
High degree of self-motivation, creativity and flexibility in face paced environment.
Click here to apply.
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