Relationship Manager

Pursuit; Latham (NY); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Dental Insurance

Vision Insurance

Life Insurance

Flexible Spending Account

Holiday & PTO

Parental Leave

Education assistance

Summer hours

Job summary

Pursuit seeks a Relationship Manager in Latham NY to work with the Internal Lending Group, underwriters, borrowers, and bankers throughout the lending cycle. You will help with SBA 7(a) and PCF referrals from initial conversation to transition to Closing.

This role requires strong communication, attention to detail, and the ability to coordinate with credit teams, site visits, and post-approval tasks in a fast-paced community development environment.

Qualifications

• Associate degree with 2 years of relevant experience.
• Credit Analysis / Underwriting experience preferred.
• Prior loan officer experience or similar role preferred.
• Proficiency with Microsoft Office Suite and databases.

Responsibilities

• Review SBA 7(a) and PCF loan referrals for eligibility and viability.
• Explain program requirements, terms, and conditions to borrowers.
• Write and submit loan memos to the credit department with supporting analyses.
• Coordinate with Loan Processors on package collection and site inspections when applicable.
• Present loan to Senior Staff Loan Committee and support closing handoff.

Skills

SBA 7(a) knowledge

Loan processing

Credit memo drafting

Education

Associate degree

Tools

Microsoft Office Suite

Databases

Job description

Empowering businesses in all communities by providing access to responsible capital and resources.

Vision

To create a more inclusive economy by ensuring every business owner has a path to success.

Core Values

Strengthen communities through collaboration. Leading with transparency and authenticity Celebrating diversity and embracing our differences Engaging on a personal level

Who We Are

Pursuit is a community-focused lender that provides small businesses with affordable loans and resources so that they can reach higher, transform, and grow. That transformation may start with an individual borrower, but ultimately extends into the broader community, taking shape as new employment opportunities, economic development, and positive change.

What We Do

For more than 70 years, we have been 100% invested in the success of our clients. Pursuit offers a suite of innovative financing products designed to expand access to capital for small businesses. Our range of loans and lines of credit range from $10,000 to $5.5 million for businesses ready to make their next big investment. We have designed our application processes and loan terms with more flexibility than traditional banks. Our signature loan programs include commercial real estate financing, general business funding, and fast business funding through a digital platform. We leverage deep, long-term relationships with banks and community partners to serve clients in New York, New Jersey, and Pennsylvania.

About the Job

Pursuit seeks to hire a Relationship Manger in Latham NY. The Relationship Manager is responsible for working directly with the Internal Lending Group (ILG) & Pursuit staff members, underwriters, borrowers, bankers and their applicable professionals throughout the lending process. In this role, one will be engaged early on in the process, assisting with internal and external Small Business Administration (SBA) 7(a) & various Pursuit Community Finance (PCF) product loan referrals and inquiries, from initial conversation up to coordinating a transition to the Closing team upon SBA approval and assist with post-approval items as necessary.

What You’ll Do

• Reviews internal and external SBA 7(a) and PCF loan product referrals and inquiries, for eligibility and viability determination.
• Communicate with Borrower on program requirements, terms and conditions to ensure Borrower is amenable to the loan terms and conditions, as applicable to the program requirements.
• Manages loan requests from initial conversation to finalizing project & structure, write up loan submission for submission to the credit department, working with credit analysts and credit officers towards completion of a credit memorandum.
• Coordinate with Loan Processors on application package collection, Ventures input and perform site inspections, when applicable.
• Present loan to Senior Staff Loan Committee with recommendation for loan decision and facilitate post-approval handoff to legal for closing, while assisting with post-approval items, as necessary.

What You’ll Bring

• Associate degree with 2 years of relevant experience will be considered.
• Credit Analysis / Underwriting Experience Preferred.
• Prior loan officer experience or similar role preferred.
• Demonstrated proficiency with Microsoft Office Suite and databases.
• Ability to meet deadlines and prioritize tasks.
• Excellent communication and negotiation skills.Highly organized and able to balance various projects and responsibilities at once, in a fast-paced environment.

Additional Information

• We will give consideration to and provide training for veterans interested in a career in finance/ banking provided that the applicant has completed at least two years of college with an accredited institution.
• Final candidates must pass all pre-employment screenings, including background check, credit check, and drug screening.
• Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.

What We Offer

A collaborative environment of mission-focused professionals dedicated to helping communities and economies grow through business lending. We seek individuals who want to blend a career in financial services with a career serving others. Pursuit extends its employees’ competitive salaries and a range of benefits including, including but not limited to:

• Fully paid Dental, Vision, and Life Insurance
• Flexible spending account
• Holiday and Paid Time Off
• Paid Parental Leave
• Educational assistance after two years of employment
• Summer work hours

How We Help

We believe that when local businesses thrive, they provide good, stable jobs, recycling the money they spend back into the community to help it grow. Our loans are offered with affordable rates to ensure that our clients can continue growing and positively impacting their neighborhoods. While compellingfounders’ storiesare what drive us every day, we are proud to work with small businesses at scale:

$4+ billion lent, $1.2 billion in the last 5 years

$2 billion portfolio of small business loans 70,000+ jobs created.

10,000+ loans to small businesses

10,000+ hours of advisory and educational services

Based on our compensation benchmarking survey, the estimated salary range for this position is $50,000 – $70,000and is commensurate with education and experience.

We are an Equal Opportunity Employer and comply with all applicable federal, state and local laws regarding nondiscrimination. We provide equal opportunities to all employees and applicants for employment without regard to race, creed, color, religion, sex, gender identity or expression, sexual orientation, marital status, national origin, citizenship status, age, veteran status, disability, genetic information, pregnancy, childbirth or related medical conditions or any other status protected under applicable federal, state or local law