Loan Officer

Loan Officer

The Loan Officer's primary role is to assist entrepreneurs with their financing needs. The Loan Officer will develop key relationships to support small business owners, oversee the loan application process, determine client eligibility, review loan applications for completion, conducts credit analysis, and prepares loan packages for submission to underwriting. The Loan Officer will report to the Regional Lending Manager.

PeopleFund's mission is to create economic opportunity and financial stability for underserved people by providing access to capital, education, and resources to build healthy small businesses.

Our values are:

• Integrity First
• Service Before Self
• Excellence In All We Do

Responsibilities include:

• Generating loan volume through building relationships with the community, partner organizations, bankers, accountants & other creative techniques in collaboration with small business support organizations.
• Generating new clients & partnerships with support organizations that have a positive economic impact in support of PeopleFund's target market.
• Evaluating best ways to reach out to prospective clients.
• Analyzing loan requests based on need, impact & financial viability.
• Screening potential clients and educating them about the loan process.
• Assisting start-ups, established small businesses and nonprofits in preparation for a loan.
• Submitting loans that have a positive impact in Texas' lower-income communities.
• Meeting minimum loan volume/production requirements.
• Conducting annual visits to PeopleFund clients & making phone calls to delinquent clients.
• Ensuring loan requests are properly assigned to an underwriter & that deals move expediently through the process.
• Identifying technical assistance, education & training needs of existing & prospective clients.
• Maintaining routine contact with loan prospects & existing clients.
• Following up with clients to maintain & strengthen the relationship.
• Other responsibilities include community outreach, collections, passing on loan capital & grant opportunities to corporate staff for action.
• Attending & participating in lending events in support of PeopleFund's mission.
• Performing other tasks as needed.

The perks - PeopleFund provides the following benefits for employees:

• Medical, dental, vision, and life insurance coverage. PeopleFund pays up to 100% for employee only coverage
• Paid Time Off starting at 3 weeks per year and 12 paid holidays
• 401 (k) retirement plan match and immediate vesting
• Flexible Spending Account (FSA) and Health Savings Account (HSA) available for qualifying medical plans and expenses
• Dependent Child Care Spending Account available to employees who qualify
• PeopleFund is a Hybrid Work Environment

True to our Mission, PeopleFund is committed to recruiting and retaining a diverse staff, and to creating a respectful workplace anchored in a deep, shared commitment to inclusiveness. We are proud to be an equal opportunity employer. PeopleFund welcomes applications from all backgrounds who can contribute to our Team's capabilities as we work together to create economic opportunity in underserved communities.

Requirements:

Bachelor's degree or relevant work experience.

Minimum of three years of lending or related financial services experience.

Strong communication skills & positive, team focused approach.

Spanish preferred, but not required.

Travel required up to 75% of the time.

Available to attend events or programs outside the Monday-Friday work week as needed.