Loan Management Specialist

5 days ago


Troy, New York, United States Empire State Full time

We are seeking a Loan Management Specialist to join our team at Empire State. In this role, you will be responsible for managing the administration of economic development incentives (grants and loans) from point of offer acceptance through funding disbursement for projects undertaken by businesses and organizations. You will work closely with applicants, internal contacts, and external partners to ensure smooth project execution.

Key Responsibilities:
  1. Manage a portfolio of 80-100 active grants and loans, including review of applications, management of approval and funding process, compiling and reviewing information, negotiating terms, preparing directors approval documents and contracts, presenting projects, and attending off-site meetings.
  2. Communicate effectively with applicants and applicant representatives, including telephone, email, and paper correspondence.
  3. Maintain accurate project information in the web-based Project Tracking System.
  4. Collaborate with internal contacts (Origination, Finance, Design and Construction, Contractor, and Supplier Diversity, Legal) to prepare board of directors' approval materials, contracts, project status reports, and other documents necessary for project review and management.
Qualifications:
  • Bachelor's degree in business, liberal arts and sciences, public administration, urban planning, or similar fields.
  • Minimum 3-5 years' direct experience in one or more of the following fields: economic development, government, planning, public administration, related business or not-for-profit area.
  • Strong analytical and problem-solving skills, excellent written and verbal communication skills, and ability to work independently.

The estimated salary range for this position is $75,000 - $95,000 per year. We offer a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.



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