Nonprofit
Loan Officer
Details
Description
Position Purpose:
The Commercial Loan Officer (aka Investment Officer) will help entrepreneurs achieve their financial goals of successful business ownership by underwriting business loans using character-based or judgment-based underwriting methods. This will be accomplished through outreach, loan-readiness assessments, and providing technical assistance during the loan application process. The ideal candidate will be driven by our mission to foster economic development and provide access to capital for small businesses and entrepreneurs who face barriers to traditional financing.
Essential Functions:
Responsible for processing and underwriting loan applications, providing technical assistance to CEDS Finance clients, and supporting the loan department in all manners. This includes tracking applicants, reviewing intake forms, performing loan intakes, analyzing business plans and supporting documents, and conducting financial underwriting.
Position Purpose:
The Commercial Loan Officer (aka Investment Officer) will help entrepreneurs achieve their financial goals of successful business ownership by underwriting business loans using character-based or judgment-based underwriting methods. This will be accomplished through outreach, loan-readiness assessments, and providing technical assistance during the loan application process. The ideal candidate will be driven by our mission to foster economic development and provide access to capital for small businesses and entrepreneurs who face barriers to traditional financing.
Essential Functions:
Responsible for processing and underwriting loan applications, providing technical assistance to CEDS Finance clients, and supporting the loan department in all manners. This includes tracking applicants, reviewing intake forms, performing loan intakes, analyzing business plans and supporting documents, and conducting…
Benefits
- Competitive health, dental, and vision benefits
- Flexible Spending Account
- 403(b) retirement plan with employer match
- Generous paid time off and holiday policies
- A hybrid in-office/remote work schedule after initial 90-day training period
- Competitive health, dental, and vision benefits
- Flexible Spending Account
- 403(b) retirement plan with employer match
- Generous paid time off and holiday policies
- A hybrid in-office/remote work schedule after initial 90-day training period
Level of Language Proficiency
The ideal candidate will be fully fluent in Spanish, Arabic, Somali, or Oromo.
The ideal candidate will be fully fluent in Spanish, Arabic, Somali, or Oromo.
Location
Suite 620
Apply to This Job
Be sure to visit https://www.cedsfinance.org/careers/ to view the full job description.
