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Loan Counselor I
Pacific Asian Consortium In Employment (Pace)
PACE supports underserved communities through employment services, training, and financial support.
Entry-level role focused on supporting small businesses with loan applications, financial counseling, and loan servicing under the guidance of senior loan counselors.
17d ago
$65,000 - $80,000
Junior (1-3 years)
Full Time
Los Angeles, CA
Hybrid
Company Size
50 Employees
Service Specialisms
Employment Services
Training and Development
Financial Literacy
Job Placement
Youth Services
Career Counseling
Sector Specialisms
Employment
Education
Housing
Environmental
Business Development
Early Childhood Education Workforce
Small Business Support
Entrepreneurship
Role
What you would be doing
coordinate
data collection
client relationships
administrative support
financial reviews
borrower tracking
Serve as an initial point of contact for small business owners with smaller or less complex loan requests, providing general guidance and updates on loan status.
Help identify basic issues (e.g. missed payments) and escalate to senior counselors or servicing staff for resolution.
Coordinate with internal departments such as accounting, compliance, and operations to support proper documentation and ensure adherence to lending policies.
Assist senior loan counselors in helping small businesses prepare loan applications, gather required documentation, and organize loan submissions to ensure files are complete and compliant with organizational and regulatory requirements.
Assist with data collection for internal reporting, audits, and compliance reviews, ensuring data accuracy and completeness.
Assist in maintaining relationships with key community partners and small business networks by providing administrative and follow-up support.
Assist and shadow senior loan counselors in working with small business owners to assess financial needs, package loan applications, and provide basic financial counseling on loan options.
Maintain organized records of loan applications, borrower interactions, and support activities in the loan management system.
Assist in monitoring borrower accounts, helping track payments and compliance with loan terms.
Help ensure loan files are accurate, complete, and updated in the loan management system.
Provide administrative support for loan modifications, deferments, or other borrower support activities as needed.
Support the underwriting process by assisting with preliminary financial reviews and gathering information to help assess borrower creditworthiness.
Provide basic financial counseling to small business owners on loan application processes and documentation requirements, under guidance.
Support outreach activities by helping to coordinate or participate in community events, workshops, or borrower information sessions alongside senior staff.
Report directly to the Loan Manager, providing updates on assigned loan files, documentation progress, and borrower interactions.
Collaborate with the loan servicing team to help track payments, maintain borrower records, and provide post-loan support for a portfolio of smaller loans.
Support loan underwriters by gathering and organizing borrower documentation and assisting with preliminary review of financial statements and creditworthiness under supervision.
What you bring
bachelor’s degree
problem solving
bilingual
ms office
financial analysis
customer service
Minimum Bachelor’s Degree or equivalent in Business Administration, Finance, Economics or related. Coursework or certifications in credit analysis, financial analysis, or related are a plus.
Effective problem-solving and mediation skills
Demonstrated ability to multi-task and work in a fast-paced office setting
Bilingual skills highly desired
Proficiency in Microsoft Office – Word, Excel, Outlook, etc.
Must possess valid Driver’s License and reliable transportation as local travel may be required on occasion
COVID vaccination required; must have two-dose series of Pfizer or Moderna or a single-dose of Johnson & Johnson. Those that need a medical or religious exemption must reach out separately.
Strong attention to detail and financial analytical skills
Must pass employment and professional verification/reference check
Excellent customer service skills with a focus on building relationships
Some experience (including internships, volunteer work, or entry-level roles) in financial services, lending, customer service, or a related area is preferred.
Excellent interpersonal, verbal and written communication skills
Benefits
PTO, paid holidays, and sick leave
Affordable and robust Medical, Dental, Vision, and Life insurance plans for employee plus family with generous employer contributions
401(k) retirement plan
Pay range is $65,000 to $80,000 annual depending on experience
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
employment and professional verification/reference check
covid vaccination required; must have two-dose series of pfizer or moderna or a single-dose of johnson & johnson. those that need a medical or religious exemption must reach out separately.
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