Hi,
Craft3 is looking for a Business Lender for our Walla Walla, WA office, to support the Craft3 Commercial Lending business unit. This position will be responsible for generating and underwriting new mission-based business loans and servicing a loan portfolio that meets Craft3's mission, financial and risk goals. The primary focus of lending targets small and medium businesses in the Pacific Northwest, specifically those owned by minority, woman, veteran, and immigrant entrepreneurs and those located in low to moderate income/redevelopment areas.
Craft3 is a nonprofit Community Development Financial Institution (CDFI) with a mission to strengthen economic, ecological and family resilience throughout Oregon and Washington communities.
Responsibilities:
· Actively prospect for strategic business loan opportunities from multiple sources. Work with Craft3 Marketing professional to coordinate strategy and support. May specialize in a specific loan product or targeted market sectors.
· Meet prospective borrowers, collect information, evaluate loan requests, and negotiate loan terms and conditions.
· Determine the level of complexity, mission and strategy fit, and prospect's readiness to borrow. Underwrites loans in accordance with policy or works cooperatively with assigned Underwriter to prepare detailed risk analysis of borrowers' repayment ability including financial and industry analysis of the borrowers' businesses, presents and defends loan proposals to loan committee based on effective critical thinking.
· Provide informal consulting to clients regarding business plans, projections and business practices. Know and refer to effective Technical Assistance providers who will help prospects with basic pre-application work such as business plan review and feedback.
· Monitor outstanding borrowers for conformance with loan conditions, progress in meeting business goals, and overall business performance. Report all emerging problem loans to management when weaknesses are detected.
· Manage portfolio risk in accordance with industry and organization standards and directives of the Credit Risk Manager.
· Participate in loan collections and enforcement actions when necessary.
Qualifications
Bachelor's degree; or equivalent combination of education and relevant business experience, particularly regarding management or financial oversight, may be considered as a substitute for formal education. Minimum three years' experience in commercial banking, commercial lending, community development finance, or similar experiences. Experience in Agricultural lending is a plus.
Compensation
Craft3 offers a competitive salary of $70,000 - $102,000 annually, based on experience and skills. Excellent benefit package: medical, dental, vision, Life/AD&D, LTD/STD insurance, paid sick and vacation leave, volunteer time off, wellness program, transportation, flexible schedule, and 403B Retirement savings plan with employer match.
How to Apply
Application deadline is Friday, April 19, 2019.
Complete job description, application, and benefits online at: www.Craft3.org/Careers/Jobs
Craft3 is an equal opportunity employer; women and minorities are encouraged to apply.
Tara Constantine, Operations Administrator
Craft3
42 7th Street, Suite 100, Astoria, OR 97103
Tel: 888-231-2170, ext. 147
Fax: 360-455-4879
tconstantine@craft3.org
Craft3 strengthens economic, ecological and family resilience in Pacific Northwest Communities.
www.craft3.org | facebook.com/Craft3org | twitter.com/Craft3org
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