Lending Officer
Key Job Details:Company: WorkwarpCompensation: a competitive salaryStart Date: Immediate openings availableLocation: RemotePosition: Lending Officer  Position Overview:
The Lending Team is responsible for converting applications into successfully funded loans. A such, the team must fully understand the loan products offered by Working Solutions and the conditions that are necessary for applicants to qualify successfully. The Lending Officer will be responsible for: (1) verifying required documents and packaging loan applications; (2... underwriting loan applications and providing timely feedback and recommendations; and (3) finalizing loans through a comprehensive closing process. Additionally, each Lending Officer also provides support with day-to-day operations of the Lending Team as needed.
Key Duties:
 Review new applications and provide feedback and technical assistance to prospective borrowers.
 Analyze loan documents to verify eligibility.
 Perform credit analyses and determine repayment probability using risk management matrices.
 Analyze completed application packages, conduct due diligence and financial analysis, and draft credit memoranda.
 Verify that documents in loan filesÂsuch as credit reports, loan applications, and financial statementsÂare complete, current, and accurate.
 Present loan recommendations to the Director of Lending, Chief Lending Officer, and/or Executive Team as needed.
 Prioritize and track the loan underwriting process in order to meet deadlines and ensure timely submission of loan packages for review.
 Prepare loan closing packages, schedule and facilitate loan closings, and work with applicants on loan documentation.
 Collect and analyze loan conditions and due diligence items from approved borrowers.
 Complete contingencies with clients prior to funding.
 Review all loan applications and disclosures for discrepancies and compliance with regulatory guidelines.
 Maintain electronic files in audit-ready condition for all borrowers.
 Provide general administrative support and ad hoc project support for the Lending Team.
 Support achievement of organizational and departmental goals and outcomes.
 Provide coverage and support for other Lending Officers and Associates as needed.
 Represent the Lending Team in the community, as needed.
Required Qualifications:
 Commitment to social justice with work experience in nonprofit or community development, microfinance, social enterprise, and/or small business or related work.
 Bachelor's degree from four-year college or university or 4+ years of related experience and training.
 Self-starter with the ability to work independently.
 Demonstrated experience in lending, finance, or credit underwriting.
 Excellent interpersonal skills and ability to work well with diverse constituents.
 Superior analytical and organizational skills and meticulous attention to detail.
 Demonstrated experience in customer service, especially in challenging situations; the ability to be simultaneously clear, firm, and supportive is crucial.
 Demonstrates sound judgment and effective decision-making.
 Experience with data entry and tracking outputs and outcomes through Customer Relationship Management (CRM) platforms is a plus Apply Job! Join Our Team!This is a fantastic opportunity to grow your career. If you have the skills and passion we're looking for, please submit your application today.
Apply Now
The Lending Team is responsible for converting applications into successfully funded loans. A such, the team must fully understand the loan products offered by Working Solutions and the conditions that are necessary for applicants to qualify successfully. The Lending Officer will be responsible for: (1) verifying required documents and packaging loan applications; (2... underwriting loan applications and providing timely feedback and recommendations; and (3) finalizing loans through a comprehensive closing process. Additionally, each Lending Officer also provides support with day-to-day operations of the Lending Team as needed.
Key Duties:
 Review new applications and provide feedback and technical assistance to prospective borrowers.
 Analyze loan documents to verify eligibility.
 Perform credit analyses and determine repayment probability using risk management matrices.
 Analyze completed application packages, conduct due diligence and financial analysis, and draft credit memoranda.
 Verify that documents in loan filesÂsuch as credit reports, loan applications, and financial statementsÂare complete, current, and accurate.
 Present loan recommendations to the Director of Lending, Chief Lending Officer, and/or Executive Team as needed.
 Prioritize and track the loan underwriting process in order to meet deadlines and ensure timely submission of loan packages for review.
 Prepare loan closing packages, schedule and facilitate loan closings, and work with applicants on loan documentation.
 Collect and analyze loan conditions and due diligence items from approved borrowers.
 Complete contingencies with clients prior to funding.
 Review all loan applications and disclosures for discrepancies and compliance with regulatory guidelines.
 Maintain electronic files in audit-ready condition for all borrowers.
 Provide general administrative support and ad hoc project support for the Lending Team.
 Support achievement of organizational and departmental goals and outcomes.
 Provide coverage and support for other Lending Officers and Associates as needed.
 Represent the Lending Team in the community, as needed.
Required Qualifications:
 Commitment to social justice with work experience in nonprofit or community development, microfinance, social enterprise, and/or small business or related work.
 Bachelor's degree from four-year college or university or 4+ years of related experience and training.
 Self-starter with the ability to work independently.
 Demonstrated experience in lending, finance, or credit underwriting.
 Excellent interpersonal skills and ability to work well with diverse constituents.
 Superior analytical and organizational skills and meticulous attention to detail.
 Demonstrated experience in customer service, especially in challenging situations; the ability to be simultaneously clear, firm, and supportive is crucial.
 Demonstrates sound judgment and effective decision-making.
 Experience with data entry and tracking outputs and outcomes through Customer Relationship Management (CRM) platforms is a plus Apply Job! Join Our Team!This is a fantastic opportunity to grow your career. If you have the skills and passion we're looking for, please submit your application today.
Apply Now