Lending Officer

Position Overview: The Lending Team is responsible for converting applications into successfully funded loans. A such, the team must fully understand the loan products offered by Working Solutions and the conditions that are necessary for applicants to qualify successfully. The Lending Officer will be responsible for: (1) verifying required documents and packaging loan applications; (2) underwriting loan applications and providing timely feedback and recommendations; and (3) finalizing loans through a comprehensive closing process. Additionally, each Lending Officer also provides support with day-to-day operations of the Lending Team as needed. Key Duties: - Review new applications and provide feedback and technical assistance to prospective borrowers. - Analyze loan documents to verify eligibility. - Perform credit analyses and determine repayment probability using risk management matrices. - Analyze completed application packages, conduct due diligence and financial analysis, and... draft credit memoranda. - Verify that documents in loan files—such as credit reports, loan applications, and financial statements—are complete, current, and accurate. - Present loan recommendations to the Director of Lending, Chief Lending Officer, and/or Executive Team as needed. - Prioritize and track the loan underwriting process in order to meet deadlines and ensure timely submission of loan packages for review. - Prepare loan closing packages, schedule and facilitate loan closings, and work with applicants on loan documentation. - Collect and analyze loan conditions and due diligence items from approved borrowers. - Complete contingencies with clients prior to funding. - Review all loan applications and disclosures for discrepancies and compliance with regulatory guidelines. - Maintain electronic files in audit-ready condition for all borrowers. - Provide general administrative support and ad hoc project support for the Lending Team. - Support achievement of organizational and departmental goals and outcomes. - Provide coverage and support for other Lending Officers and Associates as needed. - Represent the Lending Team in the community, as needed. Required Qualifications: - Commitment to social justice with work experience in nonprofit or community development, microfinance, social enterprise, and/or small business or related work. - Bachelor's degree from four-year college or university or 4+ years of related experience and training. - Self-starter with the ability to work independently. - Demonstrated experience in lending, finance, or credit underwriting. - Excellent interpersonal skills and ability to work well with diverse constituents. - Superior analytical and organizational skills and meticulous attention to detail. - Demonstrated experience in customer service, especially in challenging situations; the ability to be simultaneously clear, firm, and supportive is crucial. - Demonstrates sound judgment and effective decision-making. - Experience with data entry and tracking outputs and outcomes through Customer Relationship Management (CRM) platforms is a plus Apply Job!