Business Development Loan Officer
The Business Development Loan Officer is responsible for the development, cultivation, and growth of business lending for LiftFund in the target market and region. He or she is focused on community outreach to increase visibility of LiftFund and originate quality loan applications. They constantly examine and develop methods of increasing LiftFund’s market presence and production. They must be driven by the social mission of LiftFund to provide credit and service to small businesses that do not have access to loans from commercial sources. The position will represent LiftFund by interfacing with banks, borrowers, and the business community at large.
The Business Development Loan Officer works with internal staff and external customers to successfully generate quality business loans in their respective markets. The position is directly responsible for business development and sales and will have a specific lending goal to attain during each month.
Essential Duties and Responsibilities
Demonstrate an in-depth knowledge of LiftFund products, funding sources, and programs (i.e., SBA, EDA, HUD).
Generate quality business loan production to meet organizational loan production goals.
Effectively perform outreach and market LiftFund products and services.
Communicate effectively with clients and internal departments.
Maintain a quality portfolio in service area.
Maintain contact with current borrowers.
Generate business lending leads consistently and manage leads in client management system.
support and participate in documentation collection and client data entry.
Serve as key relationship manager of loan applicants.
Provide lending information to potential customers.
Conduct site, collection, and follow-up visits to current lending clients. Conduct collateral inspections for loan applicants.
Participate in loan closings.
Conduct other duties as assigned.
Conduct financial literacy presentations.
Develop new and manage existing partnerships to produce loans and to create opportunities for fund raising and other collaborations within the community.
Qualifications
Minimum 3 years of lending experience.
Small Business lending experience preferred.
Must possess ability to establish and maintain interpersonal relationships with banking partners and community leaders, current/potential borrowers.
Strong self-starter, creative thinker, and problem solver.
Understanding of financial literacy and credit analysis.
Ability to manage and supervise payment transactions.
Ability to communicate with a variety of internal and external customers, both in writing and verbally.
Familiarity working with client relationship management (CRM) software.
Working knowledge of Microsoft Office, particularly Word, PowerPoint, and Excel
Polished communicator with presentation skills and experience presenting to groups of people.
Establish and maintain business relationships with bank partners and community leaders and current and potential borrowers.
Bilingual (English/Spanish) preferred.
Bachelor’s degree in business, finance or related fields is helpful.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Travel
Routine travel within the local area and infrequent overnight travel, in and out of state, as necessary.
Position Type, Days and Hours
This is a full-time, exempt position. The days and hours of work are generally Monday through Friday, between 8:30 am and 5:30 pm., but working beyond that schedule may be necessary from time-to-time.
Physical Demands
When working on-site, work is performed in a routine office environment. This job requires working under stressful conditions to meet deadlines and address unexpected work challenges. The job also requires the ability to operate office equipment (such as computers) as may be necessary to perform the position’s responsibilities.
LiftFund Inc. is committed to providing equal employment opportunities for all our applicants and employees without regard to age, color, mental or physical disability, gender, gender identity, genetic information, marital status, military status, national origin, pregnancy, race, religion, sexual orientation, veteran status, or any other protected characteristic.
Job Type: Full-time