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We're hiring: Senior Commercial Loan Officer and Commercial Loan Officer


SENIOR COMMERCIAL LOAN OFFICER

 

ORGANIZATION DESCRIPTION: Colorado Enterprise Fund is a nonprofit Community Development Loan Fund that provides access to capital and capacity-building advisory services for microenterprises and small businesses across the State of Colorado. For more information, please visit our website at www.coloradoenterprisefund.org.

 

POSITION GENERAL DESCRIPTION:  Builds quality relationships to support the origination, processing and underwriting of loan requests from eligible small business borrowers. Provides business technical assistance to applicants whose application needs strengthening.

 

QUALIFICATIONS

 

Education:       Bachelor’s degree in business, finance, accounting or related field; relevant Master’s degree a plus. Formal training in commercial credit underwriting preferred.

 

Experience:      Minimum 3 years commercial & industrial lending experience including credit underwriting and business development. Delivery of business technical assistance experience a plus. SBA programs experience a plus.

 

Required:         Effective oral and written communication skills; established financial products business development skills with a record of success in new business, retention and growth of existing relationships; demonstrated ability in reading, analyzing and interpreting complex financial statements and legal documents; familiarity with accounting standards and practices; good working knowledge of regulatory compliance; good time management and organizational skills; proficiency with a variety of computer software programs; self-motivated; a commitment to community development; business Spanish fluency a plus.

 

RESPONSIBILITIES:

 

Origination:

·         Develops and maintains relationships with business referral contacts to promote CEF loan products through personal contact, mailings, presentations and other forms of outreach.

·         Adheres to work plan developed annually to achieve production goals.

·         Responds to inquiries from potential borrowers and applicants.

·         Develops new markets and opportunities for CEF.

 

Underwriting:

·         Screen applications for fit with loan program guidelines.

·         Collects and analyzes the financial and organizational information of loan applicants, including tax returns, audited or reviewed financial statements, and company prepared profit & loss statements and balance sheets to approximate cash flow.

·         Determines the applicant’s capacity to assume and repay debt.

·         Conducts site visits to develop a greater understanding of the borrower and project.

·         Works with third party underwriting service to ensure loan requests are thoroughly analyzed and deal structure is appropriate to the applicant’s needs.

·         Ensures loan commitments meet the policy and regulatory requirements of CEF’s various loan programs.

·         Negotiates loan structure and collateral required. Knowledgably evaluate collateral appraisals.

·         Prepares and presents credit memo and loan recommendation for loans exceeding internal credit authority for review and approval by the CEF Loan Committee.

 

Portfolio Management:

·         Assist the portfolio servicing team in borrower communication related to loan repayment activity, expanded credit needs and the need for business technical assistance.

·         Assist in the periodic collection and analysis of borrower business financial information.

 

Additional Items:

·         Be a key contributor to the team and work with colleagues to ensure CEF’s strategic goals of growth, impact and sustainability are achieved.

·         Participate in CEFs Board of Directors meetings and the meetings of Board Committees. Speak knowledgeably to lending activity at Board meetings.

·         Represents Colorado Enterprise Fund at various civic and community functions.

·         Perform other duties as assigned.

 

Location:        Lending statewide with offices in Denver.

 

Hours:             Monday – Friday 8:00am to 5:00pm. Occasional evening and weekend events.

 

Compensation: Depends on experience.

 

How to Apply:   Please email a resume and cover letter including compensation desired to jobs@coloradoenterprisefund.org.

 

COMMERCIAL LOAN OFFICER

 

ORGANIZATION DESCRIPTION: Colorado Enterprise Fund is a nonprofit Community Development Loan Fund that provides access to capital and capacity-building advisory services for microenterprises and small businesses across the State of Colorado. For more information, please visit our website at www.coloradoenterprisefund.org.

 

POSITION GENERAL DESCRIPTION:  Builds quality relationships to support the origination, processing and underwriting of loan requests from eligible small business borrowers. Provides business technical assistance to applicants whose application needs strengthening.

 

QUALIFICATIONS

 

Education:       Bachelor’s degree in business, finance, accounting or related field required; related experience considered. Relevant Master’s degree a plus. Formal training in commercial credit underwriting preferred.

 

Experience:      Commercial & industrial lending experience including credit underwriting and business development preferred. Delivery of business technical assistance experience a plus. SBA programs experience a plus.

 

Required:         Effective oral and written communication skills; established business development skills with a record of success in new business, retention and growth of existing relationships; demonstrated ability in reading, analyzing and interpreting complex financial statements and legal documents; familiarity with accounting standards and practices; good working knowledge of regulatory compliance; good time management and organizational skills; proficiency with a variety of computer software programs; self-motivated; a commitment to community development; business Spanish fluency a plus.

 

RESPONSIBILITIES:

 

Origination:

·         Develops and maintains relationships with business referral contacts to promote CEF loan products through personal contact, mailings, presentations and other forms of outreach.

·         Adheres to work plan developed annually to achieve production goals.

·         Responds to inquiries from potential borrowers and applicants.

·         Develops new markets and opportunities for CEF.

 

Underwriting:

·         Screen applications for fit with loan program guidelines.

·         Collects and analyzes the financial and organizational information of loan applicants, including tax returns, audited or reviewed financial statements, and company prepared profit & loss statements and balance sheets to approximate cash flow.

·         Determines the applicant’s capacity to assume and repay debt.

·         Conducts site visits to develop a greater understanding of the borrower and project.

·         Works with third party underwriting service to ensure loan requests are thoroughly analyzed and deal structure is appropriate to the applicant’s needs.

·         Ensures loan commitments meet the policy and regulatory requirements of CEF’s various loan programs.

·         Negotiates loan structure and collateral required. Knowledgably evaluate collateral appraisals.

·         Assists in the preparation and presentation of credit memos and loan recommendations for loans exceeding internal credit authority for review and approval by the CEF Loan Committee.

 

Portfolio Management:

·         Assist the portfolio servicing team in borrower communication related to loan repayment activity, expanded credit needs and the need for business technical assistance.

·         Assist in the periodic collection and analysis of borrower business financial information.

 

Additional Items:

·         Be a key contributor to the team and work with colleagues to ensure CEF’s strategic goals of growth, impact and sustainability are achieved.

·         Participate in CEFs Board of Directors meetings and the meetings of Board Committees when invited. Speak knowledgeably to lending activity at Board meetings.

·         Represents Colorado Enterprise Fund at various civic and community functions.

·         Perform other duties as assigned.

 

Location:        Lending statewide with offices in Denver. Travel within assigned territory required.

 

Hours:             Monday – Friday 8:00am to 5:00pm. Evening and weekend events coverage required.

 

Compensation: Depends on experience.

 

How to Apply:   Please email a resume and cover letter including compensation desired to jobs@coloradoenterprisefund.org

Comments:We're hiring: Senior Commercial Loan Officer and Commercial Loan Officer
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Blog Archives

November 2017

Where to Find CEF - November 2017 - 11/01/2017

October 2017

We Salute Our Veteran-Owned Small Businesses as of 2017 - 10/30/2017
From the President's Desk - Fall 2017 Reflections - 10/24/2017
Welcome New and Returning Clients - As of September 30 2017 - 10/05/2017
Where to Find CEF - October 2017 - 10/02/2017

September 2017

We're hiring: Staff Accountant II (New!) - 09/25/2017
Welcome New and Returning Clients - As of August 31 2017 - 09/20/2017
Where to Find CEF - September 2017 - 09/01/2017

August 2017

Welcome New and Returning Clients - As of July 31 2017 - 08/10/2017
Where to Find CEF - August 2017 - 08/01/2017

July 2017

Where to Find CEF - July 2017 - 07/10/2017
Welcome New and Returning Clients - As of June 30 2017 - 07/06/2017

June 2017

We're hiring: Director of Development (New!) - 06/13/2017
We're hiring: Director of Finance and Administration - 06/07/2017
We're hiring: Commercial Loan Processor & Closer - 06/02/2017
Where to Find CEF - June 2017 - 06/01/2017
Welcome New and Returning Clients - As of May 31 2017 - 06/01/2017

May 2017

Welcome New and Returning Clients - As of April 30, 2017 - 05/12/2017
Free Workshop: Crafting Success - From Home Brews to Beer Biz - 05/05/2017
May 1 Refugee and Immigrant Small Business Tour in Aurora - 05/01/2017
2017 Colorado Small Business Week - CEF Activities at a Glance - 05/01/2017
Where to Find Colorado Enterprise Fund - May 2017 - 05/01/2017

April 2017

We're hiring: Special Assistant to the President and CEO/ Executive Office Coordinator - 04/27/2017
CEF Celebrates National Small Business Week 2017 with Free Workshop and SBA Colorado Community Lender of the Year Award - 04/13/2017
Welcome New and Returning Clients - As of March 31, 2017 - 04/07/2017
Where to Find Colorado Enterprise Fund - April 2017 - 04/03/2017

March 2017

FY 2018 Federal Budget Proposal Eliminates Key Resource for Economic Growth in Low-Income Colorado Communities - 03/28/2017
Welcome New and Returning Clients - As of February 28, 2017 - 03/06/2017
Where to find Colorado Enterprise Fund - March 2017 - 03/01/2017

February 2017

Diverse, Inclusive, Prosperous - 02/21/2017
Welcome New and Returning Clients - As of January 31, 2017 - 02/10/2017
Where to Find Colorado Enterprise Fund - February 2017 - 02/01/2017

January 2017

Welcome New and Returning Clients - As of December 31, 2016 - 01/05/2017
Where to Find Colorado Enterprise Fund - January 2017 - 01/03/2017

December 2016

Welcome New and Returning Clients - As of November 30, 2016 - 12/09/2016
Where to find Colorado Enterprise Fund - December 2016 - 12/01/2016

November 2016

Welcome New and Returning Clients - As of October 31, 2016 - 11/10/2016
Calvert Foundation launches 2016 Small Business Competition - 11/04/2016
Saluting Our Veteran-Owned Small Businesses for Their Service - 11/03/2016
Where to find Colorado Enterprise Fund - November 2016 - 11/01/2016

October 2016

Welcome New and Returning Clients - As of September 30, 2016 - 10/07/2016
Where to find Colorado Enterprise Fund - October 2016 - 10/03/2016

September 2016

Welcome New and Returning Clients - As of August 31, 2016 - 09/06/2016
Where to find Colorado Enterprise Fund - September 2016 - 09/01/2016

August 2016

Colorado Enterprise Fund is leaning in to help small business - 08/31/2016
Welcome New and Returning Clients - As of July 31, 2016 - 08/15/2016
Growth of online lending options for small business - healthy or harmful? - 08/12/2016
Where to find Colorado Enterprise Fund - August 2016 - 08/01/2016

July 2016

Welcome New and Returning Clients! As of June 30, 2016 - 07/22/2016
Where to find Colorado Enterprise Fund - July 2016 - 07/01/2016

June 2016

Welcome New and Returning Clients! As of May 31, 2016 - 06/06/2016
Where to find Colorado Enterprise Fund - June 2016 - 06/01/2016

May 2016

Welcome New and Returning Clients! As of April 30, 2016 - 05/12/2016
Where to find Colorado Enterprise Fund - May 2016 - 05/02/2016

April 2016

Welcome New and Returning Clients! As of March 31, 2016 - 04/14/2016
Start-Up Financing for the First-Time Entrepreneur - 04/12/2016
Where to find Colorado Enterprise Fund - April 2016 - 04/04/2016

March 2016

Welcome New and Returning Clients! As of February 29, 2016 - 03/07/2016
Where to find Colorado Enterprise Fund - March 2016 - 03/01/2016

February 2016

Colorado Enterprise Fund Named as CO Impact Days Social Venture Finalist - 02/26/2016
Borrower Buzz: A Touch of Bliss - 02/26/2016
Borrower Buzz: Emtek - 02/18/2016
We're hiring: Commercial Loan Processor and Closer - 02/18/2016
Borrower Buzz: Missy J's - 02/15/2016
Once upon a time - 02/12/2016
Welcome New and Returning Clients! As of January 31, 2016 - 02/08/2016
Borrower Buzz: True Vos - 02/08/2016
Colorado Enterprise Fund Creates Microloan Fund with City of Loveland - 02/04/2016
Where to find Colorado Enterprise Fund - February 2016 - 02/01/2016

January 2016

We're hiring: Small Business Consultant (bilingual) - 01/28/2016
Borrower Buzz: CandyGrind - 01/25/2016
Borrower Buzz: Icebox Knitting - 01/18/2016
Borrower Buzz: Dragonfly Apparel - 01/11/2016
Where to find Colorado Enterprise Fund - January 2016 - 01/07/2016
Welcome New and Returning Clients! As of December 31, 2015 - 01/05/2016

December 2015

Welcome New and Returning Clients! As of November 30, 2015 - 12/09/2015
Meet Colorado Enterprise Fund's New Board Members - 12/07/2015
Countdown to Colorado Gives Day - Tue Dec 8 - 12/02/2015
Where to find Colorado Enterprise Fund - December 2015 - 12/01/2015

November 2015

Goldman Sachs 10,000 Small Businesses Provides $3 million to Colorado Enterprise Fund - 11/18/2015
Welcome New and Returning Clients! As of October 31, 2015 - 11/13/2015
We Salute Our Veteran-Owned Small Businesses - 11/06/2015
Where to find Colorado Enterprise Fund - November 2015 - 11/02/2015

October 2015

Welcome New Clients! As of September 30, 2015 - 10/26/2015
Governor Hickenlooper Proclaims October 15 Colorado Enterprise Fund Day - 10/15/2015
Where to find Colorado Enterprise Fund - October 2015 - 10/01/2015
We're hiring: Senior Commercial Loan Officer and Commercial Loan Officer - 10/01/2015

September 2015

Colorado Enterprise Fund Receives $2 Million Award from US Treasury Department's CDFI Fund - 09/11/2015
Where to find Colorado Enterprise Fund - September 2015 - 09/04/2015
Welcome New and Returning Clients! As of August 31, 2015 - 09/04/2015

August 2015

Borrower Buzz: The Drake Law Firm - 08/19/2015
Welcome New and Returning Clients! As of July 31, 2015 - 08/10/2015
Where to find Colorado Enterprise Fund - August 2015 - 08/03/2015

July 2015

Colorado Enterprise Fund receives $15K grant from Xcel Energy to boost small business services - 07/30/2015
Longmont small businesses thriving thanks to Colorado Enterprise Fund loan program - 07/26/2015
Borrower Buzz: Advanced Traffic Services - 07/20/2015
Borrower Buzz: RollinGreens - 07/15/2015
Colorado Enterprise Fund Featured in CHFA Fresh Food Financing Fund Newsletter - 07/13/2015
Welcome New and Returning Clients! As of June 30, 2015 - 07/08/2015
Where to find Colorado Enterprise Fund - July 2015 - 07/01/2015

June 2015

Big impact on small business - 06/22/2015
Welcome New and Returning Clients! As of May 31, 2015 - 06/18/2015
Borrower Buzz: Jumpin Good Goat Dairy - 06/18/2015
See the big impact Colorado Enterprise Fund had on small business in 2014 (infographic) - 06/16/2015
Where to find Colorado Enterprise Fund - June 2015 - 06/01/2015

May 2015

Borrower Buzz: Knotty Tie Company - 05/28/2015
Welcome New and Returning Clients! As of April 30, 2015 - 05/13/2015
Where to find Colorado Enterprise Fund - May 2015 - 05/01/2015

April 2015

Prosperity for all - 04/30/2015
SBA Names Colorado Enterprise Fund Community/Rural Lender of the Year - 04/23/2015
Borrower Buzz: Thriving Systems Design - 04/19/2015
Welcome New and Returning Clients! As of March 31, 2015 - 04/16/2015
Colorado Enterprise Fund Hires Healthy Food Program Manager - 04/06/2015
Where to find Colorado Enterprise Fund - April 2015 - 04/01/2015

March 2015

Power in Numbers - 03/30/2015
Borrower Buzz: Atlantic International Trading - 03/26/2015
We're mentoring: Marketing and Communications Intern - 03/16/2015
Meet Our Business Acceleration Services (BAS) Consulting Team - 03/12/2015
Welcome New and Returning Clients! As of February 28, 2015 - 03/10/2015
Where to find Colorado Enterprise Fund - March 2015 - 03/02/2015

February 2015

Building Capacity - 02/26/2015
Welcome New and Returning Clients! As of January 31, 2015 - 02/20/2015
OFN and Goldman Sachs 10,000 Small Businesses Announce Finance Collaborative Participants - 02/19/2015
Colorado Enterprise Fund Borrowers Accepted into Goldman Sachs 10,000 Small Businesses National Training Program - 02/16/2015
Where to find Colorado Enterprise Fund - February 2015 - 02/02/2015

January 2015

Diversity in action - 01/29/2015
Borrower Buzz: Maria Empanada - 01/29/2015
Nick Massie of Colorado Enterprise Fund Chosen for Prestigious Citi Leadership Program for Opportunity Finance - 01/26/2015
Borrower Buzz: Blue Skies Massage & Wellness - 01/22/2015
Board member launches Kansas City BBQ competition at National Western Stock Show - 01/14/2015
Colorado Enterprise Fund Receives $30K Grant from The Denver Foundation - 01/12/2015
Welcome New Clients! As of December 31, 2014 - 01/07/2015
Where to find Colorado Enterprise Fund - January 2015 - 01/07/2015

December 2014

dream. believe. celebrate! - 12/18/2014
Success and prosperity for all - 12/18/2014
Borrower Buzz: Discovery Kids Child Care - 12/11/2014
Welcome New Clients! As of November 30, 2014 - 12/09/2014
Colorado Enterprise Fund Announces New Board Appointments - 12/04/2014
Where to find Colorado Enterprise Fund - December 2014 - 12/01/2014

November 2014

Borrower Buzz: Basket World & Supplies - Embracing Change to Succeed - 11/21/2014
Pay It Forward - 11/19/2014
Welcome New Clients! As of October 31, 2014 - 11/13/2014
Introducing Small Biz Builder - our new tool for borrowers - 11/10/2014
Saluting Veteran-Owned Small Businesses - 11/06/2014
Where to find Colorado Enterprise Fund - November 2014 - 11/03/2014

October 2014

Diversifying Our Impact - 10/31/2014
Small Biz Insider - Opportunity for All - 10/31/2014
Colorado Enterprise Fund is Hiring - Commercial Loan Processor/Closer - 10/21/2014
Colorado Enterprise Fund Clients Mondo Guerra and Let Em Have It Salon Featured in Westword's Top Denver Draws - 10/20/2014
Colorado Enterprise Fund CEO and other Top Company Award Winners Gather in Napa to Highlight Best Practices - 10/20/2014
Colorado Enterprise Fund's Black Shirt Brewing Company Shares Steps to Success in the Denver Post - 10/17/2014
Colorado Enterprise Fund Hosts Sold-Out Microbrewery Tour for 2014 OFN Conference - 10/14/2014
Hear Ceyl's interview for the 2014 OFN Board - 10/10/2014
Q&A with CEO Ceyl Prinster Before 2014 OFN Conference in Denver - 10/09/2014
Colorado Enterprise Fund Featured in Three Sessions at 2014 OFN Conference - 10/07/2014
Welcome New Clients! As of September 30, 2014 - 10/02/2014
Where to find Colorado Enterprise Fund - October 2014 - 10/01/2014
Borrower Buzz: Brown Water Coffee - Changing Lives a Cup at a Time - 10/01/2014

September 2014

Small Biz Insider - Coming Together - 09/30/2014
Our Collective Bounty - 09/26/2014
Borrower Buzz: Mondo Guerra - Creating Compassion through Fashion - 09/24/2014
Welcome New Clients! As of August 31, 2014 - 09/23/2014
Missed Colorado Enterprise Fund at an event? Catch us on a webinar. - 09/15/2014
Where to Find Colorado Enterprise Fund - September 2014 - 09/09/2014

August 2014

CEF Receives 2014 Top Company-Nonprofit Award from ColoradoBiz Magazine - 08/29/2014
It Takes a Community - 08/28/2014
Borrower Buzz: Cranelli's - Success is a Family Affair - 08/27/2014
Welcome New Clients! As of July 31, 2014 - 08/27/2014
CEF is Nonprofit Finalist - 08/12/2014
An Intern's Impressions of CEF - 08/07/2014

July 2014

Batting a 1000 - 07/30/2014
Welcome New Clients! As of June 30, 2014 - 07/30/2014
CEF is helping small businesses in Longmont, too! - 07/21/2014
Borrower Buzz: Let Em Have It Salon - Mentoring Success - 07/01/2014

June 2014

Borrower Buzz: RollinGreens - Comfort Food - 06/30/2014
Borrower Buzz: The Crunchy Grocer - Healthy Eating - 06/30/2014


Recent Comments

Diversity in action
MIchael Miera said: Ceyl, I appreciate your words on diversity.   [more]

Success and prosperity for all
Janie Barrera said: Congratulations on a great year!   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Shahriar khan said: Great tips and very easy to understand. This will definitely be very useful for me when I get a chan ...   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Alisa said: Here are some other websites with more info: http://livewellcolorado.org/healthy-living https://www. ...   [more]

Borrower Buzz: The Crunchy Grocer - Healthy Eating
Alisa said: Thanks Shahriar for your kind comments. The best source for healthy living content would be The Crun ...   [more]

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