Small Business Loan Officer
Company: Pacific Coast Regional Small Business Development
Location: Los Angeles
Posted on: April 24, 2024
Job Description:
Title: Small Business Loan OfficerEOE Statement: We are an equal
employment opportunity employer. All qualified applicants will
receive consideration for employment without regard to race, color,
religion, sex, national origin, disability status, protected
veteran status or any other characteristic protected by law. About
the Organization: The primary mission of PCR Business Finance is
the promotion of community economic development, through the
delivery of financial, educational and advisory services to
underserved small business persons and communities. Category:
Lending Description: We are seeking a dedicated and experienced
Small Business Loan Officer to join our team at PCR Business
Finance. As a Small Business Loan Officer, you will play a crucial
role in evaluating, authorizing, and facilitating loan applications
for small businesses throughout the Los Angeles County community.
This position requires a keen understanding of financial products,
excellent communication skills, and a commitment to supporting
community development. This position reports directly to the Senior
Vice President & Chief Credit Officer.About PCR:Founded in 1977,
PCR Business Finance (PCR) is a private, non-profit, Community
Development Financial Institution (CDFI), as certified by the U.S.
Treasury and a Financial Development Corporation (FDC), which
administers the State of California's Small Business Loan Guarantee
Program (SBLGP). The primary mission of PCR Business Finance is the
promotion of community economic development, through the delivery
of financial, educational and advisory services to underserved
small business persons and communities.Responsibilities:
- Customer Interaction: Act as a liaison between clients and PCR
Business Finance, providing guidance and information on loan
products, terms, and conditions.
- Loan Evaluation: Review and assess loan applications to
determine eligibility and adherence to lending policies.
- Application Processing: Manage the loan application process
from start to finish, ensuring timely and accurate completion.
- Risk Assessment: Conduct thorough preliminary financial
analysis and risk assessments to make informed decisions regarding
loan application recommendations.
- Compliance: Ensure compliance with regulatory requirements and
internal policies throughout the loan origination process.
- Customer Education: Educate clients on available loan options,
terms, and repayment to help them make informed decisions.
- Relationship Building: Develop and maintain strong
relationships with clients, community partners, and stakeholders to
enhance the institution's reputation and reach. Qualifications:
- Bachelor's degree in finance, business, or a related field or a
minimum of 5 years of experience as a Loan Officer at comparable
non-profit organization or conventional Bank.
- Proven experience as a Loan Officer or similar role in the
financial industry.
- Knowledge of community development financial institutions
(CDFIs) and their mission is a plus.
- Familiarity with various types of loans and lending
products.
- Strong analytical and decision-making skills.
- Excellent communication and interpersonal abilities.
- Attention to detail and accuracy in financial analysis.
- Ability to work independently and as part of a collaborative
team.
- Understanding of regulatory and compliance requirements in the
financial sector. Requirements:
- Knowledge of local economic conditions and community
development opportunities.
- Proficient in financial software and Microsoft Office
Suite.
- Ability to handle sensitive and confidential information with
integrity. Skills:
- Financial analysis and risk assessment.
- Customer service and relationship management.
- Strong organizational and time-management skills.
- Communication and negotiation skills.
- Adaptability and problem-solving. Salary:
- $33.50 - $41.00 per hour, depending upon experience. If you
meet the qualifications and are passionate about contributing to
community development through financial support, we encourage you
to apply for this rewarding position. Join us in making a positive
impact on the financial well-being of individuals and businesses
within our community Full-Time/Part-Time: Full-Time
Exempt/Non-Exempt: Non-Exempt Location: Headquarters Position: Loan
Officer Position Requirements: --- Knowledge of local economic
conditions and community development opportunities.--- Proficient
in financial software and Microsoft Office Suite.--- Ability to
handle sensitive and confidential information with integrity Post
Internal Days: 0 Hiring Manager(s): Amina Almeida, Hosheus Isaac,
Marilyn Davis Open Date: 3/5/2024 Number of Openings: 1
PIaf52c2ccab1a-31181-34004368
Keywords: Pacific Coast Regional Small Business Development, Hawthorne , Small Business Loan Officer, Other , Los Angeles, California
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