Job Summary: The Loan Officer, At-Large (LOAL) is responsible for vetting loan opportunities and structuring loans in Cinnaire’s 9-state footprint. The LOAL maintains a pipeline of potential loan transactions in these markets in conjunction with Cinnaire’s Business Development team as well as other staff who refer loan prospects. The LOAL manages prospective borrower and other partner relationships, analyzing referred loans for credit risk and impact.
Essential Duties and Responsibilities:
- Builds trusting relationships with Cinnaire’s existing Business Development team, as well as with other staff at Cinnaire who refer potential loan transactions. Provides proactive customer service to internal stakeholders to ensure that loan referrals are handled promptly and professionally.
- Manages a pipeline of potential loan transactions that are consistent with Cinnaire Lending’s business strategy and credit policy.
- Serves as the point of contact on the Cinnaire Lending team for potential borrowers throughout the intake and feasibility assessment process, providing technical assistance as needed to structure viable loans.
- Supports loan pipeline data collection, tracking progress from referral through signed term sheet in Cinnaire’s pipeline system. Ensures a smooth and efficient handoff of borrowers to the underwriting team and provides ongoing customer service when needed as loans progress through underwriting.
- Makes recommendations for process improvements to support best practices in borrower intake, feasibility assessment, and provision of technical assistance.
Qualifications and Skills:
- Bachelor’s degree from an accredited college or university required.
- Strong communication and financial analysis skills required.
- Five or more years’ experience in community development lending.
- Valid driver’s license.
Key Competencies:
- Analysis to Synthesis: Interprets data and information from multiple sources and translates it into coherent messages that inform decisions.
- Resource Optimization: Applies knowledge of internal structures and existing talent to accomplish a goal.
- Diversity Awareness: Identifies the benefits and advantages of harnessing the collective insights from various individuals in the organization.
- Customer Focus: Stays ahead of customer needs and uses insight to develop new and/or modify client services.
Reporting Relationship: Reports to Director, Loan Originations
Supervisory Relationship: None
Physical Requirements:
- Ability to work on a computer for extended periods of time.
Travel Required: Up to 40%
Benefits Offered: Medical, Health Reimbursement Account, Flexible Spending Accounts (medical and dependent care), Dental, Vision, Life Insurance, Accidental Death & Dismemberment, Long-Term Disability, Employee Assistance Plan, Pet Insurance, Identity Theft Protection, Paid Mobile Phone Service, Unlimited PTO, Incentive Compensation, 403(b) Plan, and Profit-Sharing Plan.
Cinnaire provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, status as a Vietnam-era or disabled veteran or any other characteristic protected by law. Cinnaire complies with all applicable federal, state, and local laws, regulations and ordinances prohibiting employment discrimination. Cinnaire is committed to the full inclusion of all qualified individuals. As a part of this commitment, Cinnaire is dedicated to providing access, and reasonable accommodation in its services, programs, activities, recruitment and employment for qualified individuals with disabilities.
