Remote Loan & TA Specialist for Microenterprise Growth

Inspiritus Inc; Atlanta (GA); Hybrid; USD 65,000 - 88,000; Full time

Job summary

Inspiritus Inc. seeks a Loan/TA Specialist to oversee Technical Assistance delivery and lending operations for Thrive Community Lending.

You will provide one-on-one guidance, group TA sessions, and coordinate volunteer microenterprise coaches for refugee entrepreneurs while processing loan requests and underwriting for approval. You will monitor borrower performance, support loan closings, and maintain accurate files; collaborate with the Executive Director, loan committee, and board to align TA

Qualifications

• Bachelor’s degree from an accredited institution is required.
• Experience working multi-culturally and/or with foreign-born populations is required.
• Detail–oriented, with ability to work independently and with a team is required.
• Fluency in MS Office Suite (Excel, Word, PowerPoint), and superior analytical skills are required.
• Excellent verbal, written, and interpersonal communication skills are required.
• Must possess the ability to meet performance goals.
• Occasional evening and weekend hours may be required.
• Small business lending and knowledge of community development lending is preferred.
• Formal credit training and strong financial skills, including ability to develop and interpret financial statements are preferred.
• Hands-on experience working with small business owners is desired.
• Fluency in language(s) commonly spoken by refugee populations is desired.

Responsibilities

• Provide business consulting services/technical assistance to improve the financial capacity of prospective loan applicants and existing borrowers.
• Provision of TA services will be made one-on-one, in group sessions, and/or through volunteer microenterprise coaches assigned to refugee entrepreneurs.
• Promote loan services and products and business services resources to prospective borrowers, community organizations, and other community partners.
• Gather data necessary about clients and their businesses to ensure an informed decision regarding a loan application and the prospective borrower’s creditworthiness.
• Provide guidance to prospective borrowers on loan products and specific requirements associated with each loan product.
• Compile and send loan packet to consulting underwriter for review and recommendation of approval or denial of loan application.
• Consult Exec. Dir. and Loan Committee, if appropriate, to make final decision about loan applications and draft/send loan commitment letters to approved borrowers.
• Determine closing dates, fees, and conditions in coordination with the Exec. Dir. and assist with loan closing functions, including preparation of loan documents.
• Maintain accurate files of current borrowers.
• Actively monitor borrower’s financial and organizational health, recommend action and restructure loans when necessary while providing accompanying TA services to address challenges.
• Work closely with borrowers with delinquent loan accounts to help them find a method of repayment to avoid default and provide TA services to address delinquency.
• Assist with impact data collection and reporting on borrowers.
• Prepare internal and external reports as required for executive management and Board of Directors.
• Support Executive Director on various projects and assignments.

Skills

MS Office Suite

Analytical skills

Communication skills

Multicultural experience

Teamwork

Education

Bachelor's degree

Tools

MS Office Suite

Job description

Inspiritus Inc. seeks a Loan/TA Specialist to oversee Technical Assistance delivery and lending operations for Thrive Community Lending.

You will provide one-on-one guidance, group TA sessions, and coordinate volunteer microenterprise coaches for refugee entrepreneurs while processing loan requests and underwriting for approval. You will monitor borrower performance, support loan closings, and maintain accurate files; collaborate with the Executive Director, loan committee, and board to align TA