VP Large Loans and SBA 7a Community Advantage Lending
Dallas - Houston - San Antonio
As the VP Large Loans and SBA 7a Community Advantage Lending, you will be a key partner in our ability to execute LiftFund's Mission. To be a Lifter is to believe- that no matter their background- financial access doors should be open for everyone. We are among the leading Community Development Financial Institutions (CDFI) that have a coveted Four-Star impact rating from Aeris. We support entrepreneurs--that work hard every day--to create a better life for themselves and their families, while providing jobs and services to the communities they serve. Lifters are working across 14 states to provide affordable, responsible credit, create and sustain jobs, and stabilize communities. Our work transforms lives! LiftFund is recognized locally and nationally for our innovation, advisory services, and ability to be at the forefront of redefining the financial services industry at the community level. If you are looking for an opportunity to impact your community—we just might have the role for you!!!
POSITION SUMMARY The VP Large Loans and SBA 7a CA is responsible for loan cultivation, advancement, and the growth of LiftFund’s small business lending portfolio. This role is focused on outreach within the small business community, interfacing with banks, financial institutions, organizations, and the business community at large. The VP position is directly responsible for the cultivation, origination, and packaging of business loans over $100,000 up to $500,000. This is a key business partner role; constantly examining and developing methods that increase LiftFund’s market presence, production, and processing efficiency. As a subject matter expert in the SBA 7a Community Advantage 7a loan product, the VP is relied upon to recommend and target ways to align small business loans to efficiently meet our client’s needs, thus ensuring customer satisfaction and increasing LiftFund’s market share and impact. The VP will report to the Executive Vice President of Large Loans and SBA 7a CA.
Develop new and manage existing partnerships to produce Large loan / SBA 7a CA loan applications, meet monthly loan production goals
Successfully establish and maintain business relationships with bank partners, community leaders and current / potential borrowers
Effectively communicate with clients and internal departments
Serve as key relationship manager of loan applicants
Support, participate in packaging the required loan documentation with clients as needed
Assemble and provide complete loan packages for submission to underwriting staff
Effectively present completed loan packages over $100,000 to Loan Committee for review and consideration
Successfully manage the quality of your loan portfolio (delinquency and write-offs)
Conduct site, collection, and follow-up visits to current lending clients- conduct collateral inspections for loan applicants in your geography when feasible
Participate in loan closings
Confer with LiftFund’s Loan Committee and Underwriting Manager(s) concerning various issues of loan policy and overall credit quality of your portfolio
To qualify for the role, you must have
Bachelor’s Degree in business, finance or related field preferred.
Minimum 5 years of direct small business lending experience, business development, and or sales experience including commercial real estate lending, fixed asset financing, working capital loans or accounts receivable financing
2 years of experience with the SBA 7A
Experience in supporting delinquency and collections on past due activities on loan payments
Able to speak, define, and represent financial topics and credit analytics
A strong sense of ownership, accountability, critical thinking skills; must also be able to work successfully in an autonomous environment
Excellent verbal and written communication skills that can drive action and influence decision making activity
Experience with client relationship management (CRM) software
Experience with Microsoft Office suite; particularly Word, PowerPoint and Excel
It Would Be Great If You Had
In-depth knowledge of underwriting
What We Offer A competitive salary and benefit package coupled with an opportunity to work with LiftFund’s energetic small business team dedicated to our customers, striving to be better and leading with integrity!
Check us out on Linkedin and at Liftfund.com. Apply here or at our website.
LiftFund provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.