Vice President, Lending – Emerging Technology Fund (ETF)

Vice President, Lending – Emerging Technology Fund (ETF)

  • Full Time
  • Boston

Website MassDevelopment

Vice President, Lending – Emerging Technology Fund (ETF)

About MassDevelopment:

MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting growth including transportation, energy, and infrastructure deficiencies.

MassDevelopment is committed to achieving three goals: stimulating business, driving economic growth, and helping communities across Massachusetts, all through the lens of access, diversity, equity, and inclusion. We strive to provide a work environment that celebrates difference and is free of implicit and explicit bias; an environment that recognizes the thoughts and contributions of every colleague as crucial to our collective success. 

Job Location: Boston/Hybrid

This position will be a hybrid model, with a combination of remote work and in-office work in our Boston office.

Reports to: Senior Vice President, Lending – Emerging Technology Fund (ETF)
Job Summary:

The Vice President, Lending – ETF will serve as the loan officer for Emerging Technology Fund prospects. The position will be responsible for developing new businesses, underwriting new loan opportunities, and managing portfolio loans.


  • Coordinate business development efforts with Senior Vice President and Business Development officers.
  • Analyze business plans, pro forma financials, debt capacity, intellectual property portfolios, and other relevant documentation of Emerging Technology Fund leads.
  • Review drafts of term sheet, loan approval memorandum, and other internal approval requests drafted by Investment Analyst, giving guidance and maintaining quality control.
  • Conduct quarterly and annual reviews of portfolio companies to ensure compliance with loan covenants and company performance versus budget, either directly or in supervisory capacity to Investment Analyst.
  • Prepare reports and compile data for the Emerging Technology Fund’s Advisory Committee, either directly or in supervisory capacity to Investment Analyst.
  • Review draft loan documents and amendments to loan documents for new and existing portfolio companies prior to final review by Senior Vice President.
  • Oversee preparation of quarterly report to the Massachusetts Legislature by Investment Analyst, or prepare directly if necessary.
  • Review returns on the Fund and individual loans/investments using various methodologies.
  • Oversee the ETF’s annual derivative valuation exercise.
  • Other duties as assigned.

Knowledge, Skills, and Abilities:

  • Bachelor’s degree in business, accounting, or finance.
  • 5 years experience in commercial lending, or a combination of education and experience.
  • Experience in investment banking, investment management company, or private equity firm a plus.
  • Strong time-management skills, with proven ability to meet deadlines.
  • Ability to work as part of a team and independently, as needed.
  • Strong analytical, verbal and written communication skills.
  • Proficient in Microsoft Office suite (Outlook, Word, Excel).
  • Possession of a valid driver’s license.
  • Bilingual a plus.


MassDevelopment offers a robust and generous benefits package. In addition to standard benefits, highlights include:

Student Loan Reimbursement 
Tuition reimbursement
Premium Medical and Dental Coverage
Generous employer Contributions to Retirement Savings Plans7.5% employer contribution into a 401(a) Defined Contribution Plan 
457(b) with employer match of up to 5%
Fitness/Wellness Reimbursement
Transportation support
Charitable giving matching gifts

MassDevelopment’s commitment to access, diversity, equity, and inclusion means we welcome individuals of all abilities, ages, educations, ethnicities, family statuses, gender identities, genders, genetic information, languages, marital status, military experiences, political views, pregnancy, religions, sexual orientations, socioeconomic statuses, and work experiences. We encourage applicants from diverse lived experiences to apply.

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