Loan Officer

Great Lakes Commercial Finance; Michigan; On-site; USD 65,000 - 100,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Health Savings Account

Expense Reimbursement

401k

Vacation and Holiday pay

Job summary

A financial services company is seeking a Loan Officer to support the Southeast Michigan market. The role involves developing new SBA 504 opportunities, generating loans, and fostering key relationships with lenders and businesses. A bachelor's degree and three years of lending experience are required. Excellent communication skills and a detail-oriented approach are essential for success. Benefits include medical insurance and a 401k plan.

Qualifications

• Minimum three years of relevant lending experience, or three to six years of commercial lending experience.
• Working knowledge of SBA programs is beneficial.
• Must be able to travel throughout designated counties.

Responsibilities

• Develop new SBA 504 opportunities by growing and maintaining key referral sources.
• Generate 504 Loans and meet annual loan goals.
• Market GLCF’s loan programs and develop relationships with lenders and small businesses.
• Present opportunities to the Loan Committee and Board.
• Assist with the SBA loan application and closing process.

Skills

Integrity

Efficiency

Intelligence

Collaboration

Excellent written and oral communication skills

Detail-oriented

Detail-oriented

Education

Bachelor’s degree in business, finance, accounting or related field

Tools

CRM system

Job description

GLCF is seeking an energetic, self-driven, detail-oriented individual to fill the role of Loan Officer to support the Southeast Michigan market.

The Loan Officer’s responsibilities will be to develop new SBA 504 opportunities by growing and maintaining key referral sources within the market. Other responsibilities include, but are not limited to:

• Generate 504 Loans in the designated market and meet annual loan goals.
• Market and promote GLCF’s loan programs by developing and fostering relationships with commercial lenders, small businesses, and economic development professionals.
• Work with our CRM system to track calls and leads.
• Presenting GLCF’s loan programs to groups and/or organizations.
• Meet with lenders, small business partners, and economic development professionals on new and existing projects.
• Be available to answer questions related to GLCF’s programs, and be able to act as lead on potential projects.
• Present opportunities to the Loan Committee and the Board of Directors.
• Assist throughout the SBA loan application and closing process.

Requirements

The person in this position should have at least a bachelor’s degree in business, finance, accounting or a related field and at least three years of relevant lending experience, or three to six years of commercial lending experience. Working knowledge of the SBA programs would be very beneficial. Travel throughout designated counties is required for this position. Other requirements and core competencies for this position include:

• Integrity – Earns trust and maintains confidences and follows through on commitments;
• Efficiency – able to produce significant output with minimal wasted effort;
• Intelligence – learns quickly and demonstrates the ability to quickly and proficiently understand and absorb new information in an ever-changing regulatory environment;
• Collaboration – reaches out to peers and cooperates with a team to establish an overall collaborative working relationship;
• Must be self-directed and results-oriented;
• Excellent written and oral communication skills;
• Detail-oriented and highly organized.

Salary and Benefits:

• Salary with bonus incentives after the first year.
• Benefits include Medical Insurance, Dental Insurance, Health Savings Account, Expense Reimbursement, 401k, Vacation and Holiday pay.