Loan Officer

Shift HR•Spartanburg, SC

About The Position

The Loan Officer serves the Spartanburg County/Rock Hill area and helps small businesses access capital to grow. The role builds relationships with community leaders and referral partners, meets with prospective borrowers to understand their goals and funding needs, and reviews financial information to support lending decisions. The Loan Officer evaluates creditworthiness and collateral, structures and negotiates loan terms, and prepares loan proposals for management approval. The role also provides timely application reviews and clear communication, offers technical assistance to applicants and small business owners, represents the organization at community events and meetings, connects with and occasionally presents to the Board, and volunteers in the communities served.

Requirements

Enjoys working with people, including entrepreneurs and business owners.
Communicates clearly and professionally and keeps confidences.
Comfortable reviewing financial statements and making data-driven decisions.
Able to manage multiple applications effectively.
Proactive, organized, and reliable in following through on commitments.
Believes that access to capital can benefit lives and communities.

Responsibilities

Build and nurture relationships with community leaders and referral partners.
Represent the organization at community events, meetings, and networking opportunities.
Meet with prospective borrowers to understand their goals and funding needs.
Collect and review financial documents to support lending decisions.
Analyze creditworthiness and evaluate collateral.
Structure loan terms and negotiate agreements.
Prepare and present loan proposals for management approval.
Review applications promptly and communicate with applicants.
Provide technical assistance and guidance to applicants and small business owners.
Connect with and occasionally present to the Board.
Volunteer and maintain visibility in the community served.