Loan Officer

The "quota" threshold bonus is $500/ month with additional $50/ a loan and will make 1.25% of commission on loans that go towards office monthly goal. Average bonus is $15k-25k per year on top of baseREQUIRMENTS:This position’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. Reports to Regional Manager.JOB DUTIES:• Generates loan volume through building relationships with the community, partner organizations, bankers, accountants & other creative techniques in collaboration with small business support organizations.• Meet and maintain minimum loan production requirements on monthly basis: $1.2 million dollars annually and 2 closed loans per month.• 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.• Conduct annual visits to 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.• Attend, present and participate in lending events and programs• Other responsibilities include community outreach, collections, passing on loan capital & grant opportunities to corporate staff for action.• SBA 504 source leads.• Travel required up to 75% of the time.• Perform other tasks as neededMUST HAVES:• Experience as a Loan Officer, Sales Rep, Social Worker, Lender , Banking (Experience as a mortgage or real estate Loan Officer is NOT TRANSFERABLE)• Strong communication skills and ability to build relationships• Desire to help people/ empathetic• Experience with MS officePLUSSES:• Experience working for a non-profit• Experience working for a financial institution (BBVA, Wells Fargo, etc)• Experience working with SBA loansEMPLOYEE BENEFIT TERMS• Health, dental and vision coverage available. Employer pays up to 80% for employee only.• Employee Assistance Program available for employee assistance.• 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.• Employer paid life insurance with option for Employee to pay for additional coverage.• 401(K) retirement plan- Employee enrollment available after approximately 6-months of service. Employer pays 50% match not to exceed 4% of salary. For example, if Employee contributes 8%, Employer contributes 4%. Monthly cell phone allowance $50.00 - if configured and used to receive and send company calls and emails on a personal device. This allowance will not apply for employees who are issued company cell phones.• Company paid PTO and 12 paid holidays.STANDARD TERMS OF EMPLOYMENT:• Work week time of 9:00amto 6:00pm, Monday through Friday.• Required professional reference and criminal background check.• Required credit check and DMV driver record check.• 120-Day Probationary Period.• Terms above may be subject to change.• Texas is an at-will employment state.