Loan Officer at CDC Small Business Finance

San Diego, California, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Mar, 26

Salary

93535.0

Posted On

05 Dec, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sales Techniques, Presentation Skills, Financial Analysis, Loan Pre-Qualification, Networking, Community Outreach, Credit Guidelines, Microsoft Office, Business Development, Referral Networks, Spanish Language Proficiency

Industry

Financial Services

Description

About the Organization The Momentus Capital branded family of organizations - which includes Capital Impact Partners and CDC Small Business Finance and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered, FINRA/SIPC member) - are transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We are working to reinvent traditional financial systems and advance locally-led solutions that create economic mobility and generational wealth. Through our continuum of financial, knowledge, and social capital, we offer a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions. Our holistic and streamlined approach offers comprehensive solutions for small business entrepreneurs, real estate developers, community-based organizations, and local leaders at every stage of growth, from inception to expansion. When these leaders have the opportunity to succeed, their communities, their residents – and our country – thrive. Position Summary The Loan Officer is responsible for developing loan prospects within a defined market for a variety of loan programs. The ideal candidate will generate a productive business referral network of banks and support organizations, establish themselves as a resource for small business and economic development industry professionals and create a steady pipeline of leads for loan pre-qualification. Compensation will include a base salary with incentive payouts based on delivery of pre-qualified loans to the loan production team and ultimate loan funding generated from the pipeline. Essential Responsibilities Effective community outreach is vital at the outset to ensure success in this role. Proactively engage with centers of influence (COIs), such as banks, non-bank lenders, small business support organizations, networking groups, government agencies, and other key stakeholders, to establish meaningful connections and create opportunities to serve entrepreneurs seeking credit. Develop invitation opportunities for speaking engagements to groups or individuals that will yield loan leads and expand the loan referral network within the assigned territory. Represent CDC at business and industry events. Review basic financial data (tax returns and financial statements) to pre-qualify and analyze loan applications for eligibility and credit worthiness using CDC credit guidelines and spreadsheet tools. Bachelor’s degree in business, marketing, economics or finance related field from a recognized college or university – or – equivalent qualifying experience in sales. Minimum 1-2 years of sales experience, preferably in finance products or services. General knowledge of commercial or small business credit, preferably in a mission based or SBA loan department. Market connections and network of business contacts. Working knowledge of Microsoft office. Excellent sales techniques and presentation skills with an ability to educate key audiences on a variety of lending programs and advantages to working with CDC. Proven track record of prospecting new businesses and developing referral networks. Possession of a valid Driver’s License. Spanish language proficiency a plus The base salary range for this position is $74,828- $93,535 and includes monthly and quarterly commissions which are a significant portion of total compensation. This is a Remote Role, focusing on the San Diego Market All employees must be legally authorized to work in the United States. The Company will not sponsor applicants for work visas.

Responsibilities

The Loan Officer is responsible for developing loan prospects within a defined market and generating a productive business referral network. Effective community outreach and engagement with key stakeholders are vital for creating opportunities to serve entrepreneurs seeking credit.