Business Lending Specialist

1 week ago


Dallas, Texas, United States PeopleFund Full time

Job Type

Full-time

Position Overview:

  • The primary responsibility of the Financial Services Consultant is to support entrepreneurs in securing the necessary funding for their ventures. This role involves establishing essential relationships to aid small business owners, managing the loan application process, assessing client qualifications, reviewing loan submissions for completeness, conducting credit evaluations, and preparing loan documentation for underwriting review. The Financial Services Consultant will report directly to the Regional Lending Manager.
About PeopleFund:
  • PeopleFund is dedicated to fostering economic opportunities and financial stability for underserved communities by providing access to capital, education, and resources to help develop sustainable small businesses.
Core Values:
  • Integrity First
  • Service Before Self
  • Excellence In All We Do
Are you the right fit? We would love to discuss your potential role at PeopleFund.

Key Responsibilities:
  • Drive loan production by cultivating relationships within the community, collaborating with partner organizations, financial institutions, accountants, and utilizing innovative outreach strategies in conjunction with small business support entities.
  • Identify and engage new clients and partnerships with organizations that positively influence PeopleFund's target demographic.
  • Evaluate effective outreach methods to connect with potential clients.
  • Assess loan applications based on necessity, impact, and financial soundness.
  • Screen prospective clients and provide education regarding the loan process.
  • Assist startups, established small businesses, and nonprofits in preparing for financing.
  • Submit loans that contribute positively to lower-income communities in Texas.
  • Meet established loan volume and production targets.
  • Conduct annual follow-ups with PeopleFund clients and reach out to clients who are delinquent.
  • Ensure loan applications are accurately assigned to underwriters and facilitate efficient processing.
  • Identify the technical assistance, educational, and training needs of current and prospective clients.
  • Maintain regular communication with loan prospects and existing clients.
  • Follow up with clients to nurture and strengthen relationships.
  • Engage in community outreach, collections, and relay loan capital and grant opportunities to relevant staff.
  • Participate in lending events that align with PeopleFund's mission.
  • Perform additional tasks as required.
Employee Benefits:
  • Comprehensive medical, dental, vision, and life insurance coverage, with PeopleFund covering up to 100% for employee-only plans.
  • Paid Time Off starting at three weeks annually, plus 12 paid holidays.
  • 401(k) retirement plan with matching contributions and immediate vesting.
  • Flexible Spending Account (FSA) and Health Savings Account (HSA) options available for qualifying medical expenses.
  • Dependent Child Care Spending Account available for eligible employees.
  • PeopleFund operates in a Hybrid Work Environment.
PeopleFund is committed to recruiting and retaining a diverse workforce and fostering a respectful workplace that emphasizes diversity, equity, and inclusion. We are proud to be an equal opportunity employer and welcome applications from all qualified individuals, including those from underrepresented groups who can enhance our team's capabilities as we strive to meet the needs of underserved communities.

Qualifications:

Bachelor's degree or relevant professional experience.

A minimum of three years in lending or related financial services.

Strong communication skills and a collaborative, team-oriented approach.

Spanish language proficiency is preferred but not mandatory.

Willingness to travel up to 75% of the time.

Availability to attend events or programs outside of the standard workweek as necessary.

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