[Remote] Loan Officer
Note: The job is a remote job and is open to candidates in USA. CDC Small Business Finance is part of Momentus Capital, aiming to transform capital access for communities. The Loan Officer will develop loan prospects and establish a referral network, engaging with various stakeholders to support small businesses in securing credit.
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
Skills
- 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
- Candidates must be located in the San Diego metropolitan area
- All employees must be legally authorized to work in the United States
- Spanish language proficiency a plus
Company Overview