Business Development Specialist

1 week ago


Los Angeles, California, United States Pacific Coast Regional Small Business Development Full time

About Our Organization

Pacific Coast Regional Small Business Development is a non-profit organization dedicated to providing financial assistance and support to underserved small business persons and communities.

Our Services

We offer a range of financial services, including credit analysis, loan packaging, and small business development.

Job Requirements

We are seeking an experienced Senior Underwriter to join our team. As a Senior Underwriter, you will be responsible for analyzing, documenting, recommending, and presenting credit and lending services offered by our organization.

Key Responsibilities

  • Conduct thorough credit analysis to evaluate the creditworthiness of potential borrowers and recommend appropriate credit and lending services.
  • Work closely with loan officers, processing/intake analysts, and other team members to create comprehensive and sound credit memorandums that align with organizational credit standards and policies.
  • Collaborate with internal lending teams to ensure a cohesive and efficient underwriting process.
  • Generate accurate credit memorandums on client loan requests for review and presentation to the relevant credit committee for loan approval.

Requirements

  • Bachelor's degree in finance, business, or a related field or 7 years of experience in underwriting at comparable non-profit organizations or conventional banks.
  • Proven experience as an Underwriter or in a similar credit analysis role.
  • In-depth knowledge of credit analysis, lending services, and small business development.
  • Familiarity with the products and services offered by community development financial institutions (CDFIs).
  • Strong analytical and problem-solving skills.
  • Excellent communication and presentation abilities.
  • Ability to work independently and as part of a collaborative team.
  • Understanding of regulatory and compliance requirements in the financial sector.


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