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Job Description

We are seeking a dedicated and experienced Small Business Loan Officer to join our team at PCR Business Finance. As a Small Business Loan Officer, you will play a crucial role in evaluating, authorizing, and facilitating loan applications for small businesses throughout the Los Angeles County community. This position requires a keen understanding of financial products, excellent communication skills, and a commitment to supporting community development. This position reports directly to the Senior Vice President & Chief Credit Officer.

About PCR:

Founded in 1977, PCR Business Finance (PCR) is a private, non-profit, Community Development Financial Institution (CDFI), as certified by the U.S. Treasury and a Financial Development Corporation (FDC), which administers the State of California's Small Business Loan Guarantee Program (SBLGP). The primary mission of PCR Business Finance is the promotion of community economic development, through the delivery of financial, educational and advisory services to underserved small business persons and communities.

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.

Qualifications:

• 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.

Requirements:

• 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.

Skills:

• Financial analysis and risk assessment.
• Customer service and relationship management.
• Strong organizational and time-management skills.
• Communication and negotiation skills.
• Adaptability and problem-solving.

Salary:

• $33.50 - $41.00 per hour, depending upon experience.

If you meet the qualifications and are passionate about contributing to community development through financial support, we encourage you to apply for this rewarding position. Join us in making a positive impact on the financial well-being of individuals and businesses within our community

• 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

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