[Hiring] Loan Officer @CDC Small Business Finance
CDC Small Business Finance3 months ago
Remote
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
The Loan Officer is responsible for developing loan prospects within a defined market for a variety of loan programs. At Momentus Capital, a branded family of organizations dedicated to transforming capital flow in communities, you will build a productive network of referrals and establish yourself as a trusted resource for small business and economic development professionals.
Key Responsibilities
- Engage in effective community outreach by connecting with centers of influence (banks, non-bank lenders, small business support organizations, networking groups, government agencies, etc.) to create opportunities for entrepreneurs seeking credit.
- Develop and secure invitation opportunities for speaking engagements aimed at expanding the loan referral network within the assigned territory.
- Represent CDC at business and industry events to promote loan programs and generate leads.
- Review basic financial data, including tax returns and financial statements, to pre-qualify and analyze loan applications using CDC credit guidelines and spreadsheet tools.
Required Qualifications
- Bachelor’s degree in business, marketing, economics, finance 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, ideally within a mission-based or SBA loan department.
- Established market connections and a strong network of business contacts.
- Working knowledge of Microsoft Office.
- Excellent sales techniques and presentation skills to effectively educate key audiences.
- Proven track record of prospecting new businesses and developing referral networks.
- Possession of a valid Driver’s License.
Preferred Qualifications
- Spanish language proficiency is a plus.
Benefits & Perks
- Compensation:Base salary of $74,828 - $85,000 plus significant monthly and quarterly commissions based on performance.
- Remote Role:Focused on the LA area.
- Must be legally authorized to work in the United States (the Company does not sponsor work visas).
- Equal opportunity employer committed to diversity and inclusion.
Required Skills
relationship building
prospecting
community outreach
loan pre-qualification
presentation skills
financial analysis
Microsoft Office
sales techniques