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$29K

$53.4K

$81K

How much do community development financial institution cdfi jobs pay per year?

As of Jun 10, 2026, the average yearly pay for community development financial institution cdfi in the United States is $53,418.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $60,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive at a Community Development Financial Institution (CDFI), and why are they important?

To thrive at a Community Development Financial Institution (CDFI), you need a strong background in finance, lending, and community development, often supported by a relevant degree or experience in banking or nonprofit finance. Familiarity with financial analysis tools, loan underwriting software, and compliance systems such as CDFI Fund reporting is typically required. Excellent communication, relationship-building, and problem-solving skills are crucial for engaging underserved communities and building trust. These skills ensure that CDFIs effectively deliver financial services and support economic growth in disadvantaged areas.

What is the difference between Community Development Financial Institution Cdfi vs Loan Officer?

AspectCommunity Development Financial Institution (CDFI)Loan Officer
CredentialsVaries; often requires financial or community development experienceTypically requires a bachelor's degree in finance, business, or related field
Work EnvironmentNonprofit or financial institutions focused on community developmentBanking or lending institutions, working directly with clients
Employer & IndustryFinancial institutions dedicated to underserved communitiesBanks, credit unions, or lending companies

While CDFIs focus on providing financial services to underserved communities and often involve community development expertise, Loan Officers primarily evaluate and approve individual loan applications within banking institutions. Both roles require financial knowledge, but CDFIs emphasize community impact, whereas Loan Officers focus on credit assessment and lending processes.

What are Community Development Financial Institutions (CDFIs)?

Community Development Financial Institutions (CDFIs) are specialized organizations that provide financial services in low-income communities and to people who lack access to traditional banking. They include credit unions, loan funds, banks, and venture capital providers focused on fostering economic growth and opportunity. CDFIs support affordable housing, small businesses, and community facilities, often working with individuals and businesses that may not qualify for conventional loans. Their mission is to promote economic revitalization and community development, particularly in underserved areas.

What are the typical daily responsibilities of a professional working at a Community Development Financial Institution (CDFI)?

Professionals at CDFIs typically spend their days evaluating loan applications, conducting due diligence on potential borrowers, and working closely with underserved communities to identify financial needs. They often collaborate with local organizations, government agencies, and other stakeholders to develop and implement programs that increase access to capital. Additionally, CDFI staff monitors ongoing projects, provides technical assistance to clients, and ensures compliance with regulatory and reporting requirements. The role requires strong communication skills and a passion for community impact.
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Community Development Financial Institution Cdfi jobs near you
Infographic showing various Community Development Financial Institution Cdfi job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 73% Full Time, 24% Part Time, and 1% Temporary. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $53,418 per year, or $25.7 per hour.
Small Business Loan Intake Analyst/Loan Processor

Small Business Loan Intake Analyst/Loan Processor

Pacific Coast Regional Small Business Development

Los Angeles, CA

$24 - $31/hr

Full-time

Posted 15 days ago

Job description

We are seeking a detail-oriented and experienced Small Business Loan Processor / Intake Analyst to join our team at PCR Business Finance. As a Small Business Loan Processor / Intake Analyst, you will be responsible for managing loan operations activities, ensuring accurate and efficient processing of loan documentation, collateral files, and credit files. Your role is vital in supporting lenders, customers, and branch personnel to facilitate smooth loan operations.

About PCR:

Founded in 1977, PCR Business Finance (PCR) is a private, non-profit, Community Development Financial Institution (CDFI), as certified by the U.S. Treasury and a Financial Development Corporation (FDC), which administers the State of California’s Small Business Loan Guarantee Program (SBLGP). The primary mission of PCR Business Finance is the promotion of community economic development, through the delivery of financial, educational and advisory services to underserved small business persons and communities.

Responsibilities:

  • Loan Documentation: Prepare and review loan documents for accuracy and completeness, ensuring adherence to regulatory and internal policies.
  • Collateral Management: Oversee the production and maintenance of collateral files, ensuring proper filing and control of all collateral documentation.
  • Credit File Maintenance: Maintain accurate and up-to-date credit files, including documentation related to borrower financials and credit history.
  • Loan System Reporting: Generate and analyze reports from loan systems, providing relevant information to management.
  • Loan Inquiry and Problem Resolution: Address inquiries from lenders, customers, and referral partners related to loan processing. Resolve issues promptly and efficiently.

Qualifications:

  • High school diploma or equivalent; additional education in finance or related field is a plus.
  • Proven experience as a Loan Processor or similar role in the financial industry.
  • Familiarity with loan documentation, collateral management, and credit file maintenance.
  • Strong understanding of regulatory requirements and compliance in loan operations.
  • Excellent attention to detail and organizational skills.
  • Ability to prioritize tasks and manage time effectively in a fast-paced environment.
  • Proficiency in using loan processing software and Microsoft Office Suite.
  • Effective communication and problem-solving skills.

Requirements:

  • Knowledge of collateral filing systems and procedures.
  • Ability to handle confidential information with discretion.
  • Collaboration and teamwork skills to support PCR Business Finance lending team and outside partners.

Skills:

  • Effective communication and problem solving.
  • Accurate and efficient loan document processing.
  • Credit file maintenance.
  • Strong organizational and time-management skills.

Salary:

  • $24.00 - $31.00/hourly depending on experience.

If you are detail-oriented, possess strong organizational skills, and have experience in loan processing, we invite you to apply for this important role in supporting our mission to provide financial services to our clients and community.

Apply