Homeoffice Small Bus LOIII bei Hope Enterprise Corporation

Small Business Loan Officer III

HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; leverages resources; and engages in advocacy that strengthens the financial health and wealth of people in under-resourced Deep South communities. Since 1994, these efforts have benefited more than three million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, and influenced billions in persistent poverty communities across the nation. 

Title: Small Business Loan Officer III

Department: Commercial

Reports To: Vice President, Small Business Development

Supervises: N/A

Job Classification: Full-time, Exempt

Location: Jackson, MS

(Position Summary) The Small Business Loan Officer III position is responsible for developing and managing a small business loan portfolio. The Small Business Loan Officer III is responsible for assigned market loan production goals and objectives, and assist as needed to loan portfolio performance matters. Confidentiality is involved, and sensitive situations may be handled. The Small Business Loan Officer III may be located in various locations of HOPE.

Responsibilities

• Develop active referral network for identifying potential customers and co-lending partners in the assigned market.
• Work with prospects and internal staff to adequately assess risk of credit requests, present recommendations, and facilitate loan closings.
• Manage customer relationships, including facilitating required outside technical assistance (e.g., accounting, management, marketing, engineering, etc.), compliance with loan covenants, payment performance, annual financial reviews, and on-site collateral and business inspections.
• Manage assigned loan portfolio.
• Evaluating creditworthiness by processing loan applications and documentation within specified limits.
• Interviewing applicants to determine financial eligibility and feasibility of getting a loan.
• Ensure all assigned loans are in compliance and properly documented.
• Market HEC/HFCU’s other financial products and services.
• Refer loan to loan committee for approval

Secondary Functions

• Perform general administrative duties such as attending meetings, report production, etc.
• Assist Special Assets Department as needed in addressing problem loans.
• Provide information required for investor reporting, as requested by the Investor Relations Department.
• Participate in community outreach efforts.
• Manage other assigned credits.

Regulatory Compliance Requirements

• Must comply with provisions of the Bank Secrecy Act (BSA)
• Must comply with all provisions of the Equal Credit Opportunity Act (Regulation B)
• Must comply with all provisions of the Fair Credit Practice Rule
• Must comply with all provisions of the Flood Disaster Protection Act
• Must comply with all provisions of the National Flood Insurance Act
• Must comply with all provisions of the Truth in Lending Act (Regulation Z)

Accountability for Business Results

• Small Business loan production volume
• Small Business loan quality (compliance, payment performance, charge-offs, etc.)

Specified Authority Level

• Access to loan applications and loan performance data

Qualifications:

• Bachelor’s Degree in a relevant field preferred
• Prefer experience in development, finance, and/or commercial banking
• Prefer Prior Formal credit training

Required:

• Proven track record with an existing portfolio of clients and established lending relationships
• Experience in loan origination, credit analysis, and portfolio management
•  6-8 years of small business/commercial lending experience required

Key Competencies & Skills:

·       Adaptability-Maintaining effectiveness in reaching set goals by adapting to changed circumstances, tasks, responsibilities, and people.

·       Customer Focus-Knowing the (internal and externa!) customer business needs and acting accordingly; anticipating customer needs, and giving high priority to customer satisfaction and customer service.

·       Results Orientation-Being persistent and showing perseverance on achieving concrete and tangible results out of personal responsibility; getting optimum results from situations and being ready to take action and show tenacity in case of obstacles or resistance.

·       Strategic Thinking and Accountability-Understands and processes complex information and exercises sound judgment, considering the situation, the issues, the key players, and the levels of authority involved. Proposes courses of action that further the objectives, priorities, and vision of the organization. Accepting responsibility that results in anticipation/prevention of problem areas from actions, and problem solving inside and outside the department/organization.

·       Teamwork- Working as a productive member of a cohesive group toward a common goal, and contributing to team development and effective team dynamics.

Work Environment:

•        Employee spends the majority of time in office environment, generally accessible to the public, customers, and potential customers.
•        Noise level in the work environment is usually moderate.
•        Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Comprehensive Benefits Package:

·       Paid Vacation and Sick Time

·       11 Paid Holidays

·       401(k) with Company Match

·       Medical, Dental, and Vision Benefits

•        Flexible Spending Account (FSA)
•        Disability Benefits
•        Life Insurance, Critical Illness, Accident
•        Employee Assistance Program (EAP)
•        Tuition Reimbursement, Professional Development

Hope Enterprise Corporation does not participate in or engage in any form of visa sponsorship, including employment-based visa applications or extensions (e.g., H-1B, TN, O-1, OPT, STEM OPT, etc.). Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.

We are an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Additional Comments:

Management reserves the right to assign or reassign duties and responsibilities to this job at any time. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State laws.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves and other employees.

Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an “at-will” basis.