- Springfield, Massachusetts, United States +1 more
- Hybrid
- Full-time
- $64K–$75K per year
- 7+ years
Underwrites new loans to small businesses, prepares loan renewals and modifications, manages borrower relationships, collects past due loan payments, and conducts outreach and marketing to generate new loan applications.
Locations (2)
- Springfield, Massachusetts, United States
- Massachusetts, United States
Compensation
Wage starts between $64,000 and $75,000 per year depending on equivalent qualifications.
Responsibilities
- Respond to loan inquiries, review loan requests, and conduct interviews with potentially qualified applicants
- Underwrite loans by interviewing loan applicants, conducting due diligence, preparing financial spreadsheets and analyzing financial data, preparing written analyses of business loan applicants and borrowers, and performing risk assessments
- Finalize the loan process by preparing and submitting credit memos for further review, or recording and communicating loan denials in detail
- Provide clear communication with clients concerning the outcome of their application: terms of loan approvals; specific reasons for loan denials; and possible avenues for future success