PCR Business Finance · 1 day ago
Small Business Loan Officer
Los Angeles, CA
Full-time
Hybrid
Mid, Senior Level
$33.50/hr - $41/hr
5+ years expPCR Business Finance is a private, non-profit Community Development Financial Institution dedicated to promoting community economic development. The Small Business Loan Officer will evaluate, authorize, and facilitate loan applications for small businesses, while ensuring compliance with lending policies and fostering strong relationships within the community.
Financial Services
Responsibilities
Customer Interaction: Act as a liaison between clients and PCR Business Finance, providing guidance and information on loan products, terms, and conditions
Loan Evaluation: Review and assess loan applications to determine eligibility and adherence to lending policies
Application Processing: Manage the loan application process from start to finish, ensuring timely and accurate completion
Risk Assessment: Conduct thorough preliminary financial analysis and risk assessments to make informed decisions regarding loan application recommendations
Compliance: Ensure compliance with regulatory requirements and internal policies throughout the loan origination process
Customer Education: Educate clients on available loan options, terms, and repayment to help them make informed decisions
Relationship Building: Develop and maintain strong relationships with clients, community partners, and stakeholders to enhance the institution's reputation and reach
Qualification
Required
Bachelor's degree in finance, business, or a related field or a minimum of 5 years of experience as a Loan Officer at comparable non-profit organization or conventional Bank
Proven experience as a Loan Officer or similar role in the financial industry
Knowledge of community development financial institutions (CDFIs) and their mission is a plus
Familiarity with various types of loans and lending products
Strong analytical and decision-making skills
Excellent communication and interpersonal abilities
Attention to detail and accuracy in financial analysis
Ability to work independently and as part of a collaborative team
Understanding of regulatory and compliance requirements in the financial sector
Knowledge of local economic conditions and community development opportunities
Proficient in financial software and Microsoft Office Suite
Ability to handle sensitive and confidential information with integrity
Financial analysis and risk assessment
Customer service and relationship management
Strong organizational and time-management skills
Communication and negotiation skills
Adaptability and problem-solving
Company
PCR Business Finance
Founded in 1977, PCR Business Finance (PCR) is a private, non-profit, Community Development Financial Institution (CDFI), as certified by the U.S.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
M. Selena Davis
Senior Vice President/Chief Compliance Officer
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