Business Loan Specialist

Description

• Assist in the development of partnerships with other service providers to increase services to small business clients.
• To direct businesses to appropriate business resources and refer to alternative financing programs such as CDFI Export, Community Advantage and state loan guarantee programs.
• Prepare and submit report, as required.
• Assist businesses by preparing loan packages for various financing sources including bank and credit union loans, SBA’s, 7a and microloan programs.
• Assist the Director/Manager in other areas as needed.
• Assist client in gathering documentation application requirements, and preparing financial projections, as needed.
• Engage in marketing and community and outreach activities.
• Uphold CRCD’s Mission/Vision and 5 Year Strategic Plan.
• Coordinate and build relationships with the SBA, State and Banks to ensure successful facilitation of the loan funding process, which includes tracking and on-going client support.
• Development and presentation of business finance workshops
• Analyze credit reports, business plans and tax returns to assess loan feasibility.
• Provide business consulting to business owners, on a one-on-one or in small groups, in the areas of business and financial planning and general business practices that will result in economic impact within realistic timeframes and resources.
• Support strategic priorities and goals established in CRCD’s 5-year strategic plan.
• Represent the SELA BSC within the community to public and private entities.
• Develop and conduct training programs in the area of financing for small businesses.

Requirements

• Ability to provide quality customer service and demonstrate a commitment to professionalism and client satisfaction.
• Bilingual (Spanish) a plus
• Familiarity with CRM platforms and cloud-based software applications
• Experience in working with small businesses from diverse cultural backgrounds.
• Ability to occasionally work after office hours and/or weekends, if necessary
• Reliable transportation, valid driver license, and car insurance as required by law, as appropriate.
• Working knowledge of MS Office
• Willing to travel to multiple locations in Southeast LA
• Proficient written and oral communication skills
• Must display professional and appropriate email etiquette
• Ability to strategically utilize time and resources to manage priorities, timelines, deadlines, and details under pressure, with accuracy, and to a high level of proficiency.
• BA in Business Administration or relevant field
• Aptitude in decision-making and problem-solving
• Reliable, flexible team player who works well with minimal supervision, who has a good work ethic, and an ability to set and maintain personal boundaries.
• Proficient in Microsoft Office (Excel, Word, Power Point)
• Five (5) years of professional experience in loan packaging, preferably alternative capital loans
• Ability to Develop pro forma statements, cash flows and credit analysis.
• Comfortable in a fast-paced, changing environment and the ability to modify actions, direction or approach to changing situations and expectations in a respectful and professional manner.
• Extensive knowledge of various funding sources a must
• Experience in working with economic development program, a plus.
• Knowledge of business planning, general business practices and business financing a must

Benefits

• Dental/Vision/ 85% employer-paid & 45% dependent paid Medical Insurance
• Discount pet insurance through ASPCA
• Whole life insurance with cash benefits
• 14 Paid Holidays
• On-Demand training memberships to bolster professional development
• Flexible Spending Account (FSA)
• 529 Educational Savings Plan from Principle
• Short & Long Term Disability
• Generous work/life balance
• Identity Theft Protection and Legal Services
• 401k eligibility from day one & up to 3% matching after one year

Training + Development

Interview process

Visa Sponsorship

Security clearance