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Small Business Loan Manager GSBDC
CenterState CEO
This job is no longer accepting applications
See open jobs at CenterState CEO.See open jobs similar to "Small Business Loan Manager GSBDC" This is CNY.Syracuse, NY, USA
Posted 6+ months ago
Job Summary:
The CenterState Corporation for Economic Opportunity (CenterState CEO) seeks a Small Business Loan Manager for its small business lending and grantmaking activities. As a Small Business Loan Manager, you will lead the underwriting and approval process of lending products, including SBA 504 loans, funding from revolving loans, and the Growth + Equity Fund. This may include direct client application preparation support, management of the reviewing committees, client communications, and post loan support.
The Small Business Loan Manager will lead CenterState CEO’s administrative lending and grant making activities through its Growth + Equity Fund, The Greater Syracuse Business Development Corporation (GSBDC), and other financial tools CenterState employs. The GSBDC is a non-profit certified development company that supports small businesses through specialized lending services, including revolving loan funds and SBA 504 products. It is a separate organization which CenterState CEO staffs and supports.
All resumes should be submitted by Friday March 14th, 2025
Essential Job Duties and Responsibilities: (Additional duties may be assigned)
- Develop and maintain relationships with business clients to identify their financial needs.
- Evaluate SBA 504 and revolving loan applications by analyzing credit history, business performance, and financial documentation.
- Recommend SBA 504 and revolving loan terms and conditions that align with the bank’s policies and risk tolerance.
- Assess creditworthiness through the analysis of financial statements, cash flow, collateral, and market conditions.
- Perform risk assessments to determine the viability of lending to prospective clients.
- Prepare credit memorandums and present findings to loan committee and Board of Directors of the GSBDC.
- Build and nurture long-term relationships with small, medium, and large business clients.
- Act as a liaison to the SBA and legal counsel
- Act as a contact for client inquiries, providing exceptional customer service.
- Educate clients on loan products, terms, and repayment options.
- Perform regular reviews of loan portfolios to assess ongoing credit quality and risk exposure.
- Ensure all loan documentation complies with SBA, state, and institutional regulations.
- Stay informed about industry trends, regulatory changes, and economic developments.
- Maintain accurate and organized records of loan transactions and client communications.
- Work with small business relationship MANAGER / SPECIALIST to finalize loan packages.
- Provide guidance and training to team members.
- Participate in strategic planning and goal-setting initiatives for the lending portfolio.
- Track loan performance metrics and generate reports for management.
- Monitor competitive market conditions to adapt strategies for client acquisition and retention.
Loan Portfolio Management:
- Monitor and manage the performance of the loan portfolio to ensure compliance with company policies and regulatory requirements.
- Conduct regular reviews and risk assessments of the loan portfolio to identify potential issues and implement corrective actions.
- Develop and maintain strong relationships with clients to ensure ongoing satisfaction and retention.
Loan Application:
- Assist clients in completing loan applications accurately and efficiently, ensuring all required documentation is provided.
- Evaluate loan applications by analyzing financial statements, credit reports, and other relevant information to determine creditworthiness.
- Communicate with clients throughout the application process to provide updates and address any questions or concerns.
Servicing Loan Portfolio:
- Provide ongoing support to clients by addressing inquiries and resolving issues related to their loans.
- Manage loan modifications, extensions, and renewals as needed to meet clients' changing needs.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Supervisory Responsibility
This position has no supervisory responsibilities.
Position Type and Expected Hours of Work
This is a full-time position. Days and hours of work are Monday through Friday, 8:30 a.m. to 5 p.m. but can be flexible as agreed to by portfolio leads.
Travel
No travel is expected for this position.
This job is no longer accepting applications
See open jobs at CenterState CEO.See open jobs similar to "Small Business Loan Manager GSBDC" This is CNY.