Loan Officer

PeopleFund Default • Houston, TX

12d • Hybrid

About The Position

About the Role: 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. About Us: PeopleFund’s Mission is to creates 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 Is that you? Awesome! Let’s talk about what you’ll do at PeopleFund.

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.
• Travel required up to 75% of the time.
• Available to attend events or programs outside the Monday-Friday work week as needed.

Nice To Haves

• Spanish preferred, but not required.

Responsibilities

• Generates loan volume through building relationships with the community, partner organizations, bankers, accountants & other creative techniques in collaboration with small business support organizations.
• Generates new clients & partnerships with support organizations that have a positive economic impact in support of PeopleFund’s target market.
• Evaluate best ways to reach out to prospective clients.
• Analyze loan requests based on need, impact & financial viability.
• Screen potential clients and educate them about the loan process.
• Assist start-ups, established small businesses and nonprofits in preparation for a loan.
• Submit loans that have a positive impact in Texas’ lower-income communities.
• Meet minimum loan volume/production requirements.
• Conduct annual visits to PeopleFund clients & makes phone calls to delinquent clients.
• Ensure loan requests are properly assigned to an underwriter & that deals move expediently through the process.
• Identify technical assistance, education & training needs of existing & prospective clients.
• Maintain routine contact with loan prospects & existing clients.
• Follow 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.
• Attend & participate in lending events in support of PeopleFund’s mission.
• Perform other tasks as needed.

Benefits

• 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 pans and expenses
• Dependent Child Care Spending Account available to employees who qualify
• PeopleFund is a Hybrid Work Environment

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 51-100 employees