Montana Career Opportunity – Loan Department Manager – Mission West Community Development Partners

MISSION WEST COMMUNITY DEVELOPMENT PARTNERS) (MWCDP)

JOB DESCRIPTION Summary

Position:                     Loan Department Manager  

Classification:             Full-Time, Non-Exempt

Reports to:                  Director of Business Development

Salary range:               $ 45,000 – $60,000 (dependent on experience)

Who We Are:

Located in beautiful Lake County, Montana, Mission West Community Development Partners is a continuously growing, 26-year-old, non-profit organization with a remarkable record of success in community focused economic development. Our mission is to improve the lives of all of the residents of the region we serve.

We are a Montana State Certified Regional Development Corporation, the leader of our federal government Economic Development District and a USDA, EDA and CDFI lender.  Our community focused economic development efforts include business retention and expansion, business attraction, entrepreneurship, small business technical assistance, lending, gap/bridge financing, brownfield redevelopment, job creation and community revitalization. We have $7MM + of loan funds undermanagement and serve more than 1,000 clients annually (http://www.missionwestcdp.org).

Position Summary:

Working directly, and with the assistance of staff, the Loan Department Manager works with existing and potential loan clients to develop loan applications, provides credit and financial analysis, determines loan structure and prepares loan presentations for the Loan Review Committee. Success as a loan manager will lead to further advancement in loan management or business development.

Description of Duties:

As our Loan Department Manager, you will work to continue to grow our financing efforts to support entrepreneurs, small businesses, developers and non-profit organizations throughout Lake, Mineral and Sanders County, Montana. With the assistance of staff, you will be responsible for routine servicing actions to maintain the organization’s relationship with the clients and our financing partners. You will also be responsible for prospective loan client evaluation, preparing underwriting analysis for loan revisions and new loan requests, writing narratives on loan proposals and presenting loan recommendations to the organization’s Board supervised loan committee. In the course of completing these duties you will work closely with the organization’s Executive Director and the Director of Community Focused Economic Development and you will have the support of the organization’s small business technical service representatives who will assist clients in the developing and organizing the information you will need to evaluate a client’s credit worthiness.

Desired Qualifications, Experience and Training:

• A College degree in finance, accounting, or business administration or equivalent experience.
• 2+ years hands on experience in a lending environment
• A genuine interest in developing a career in community focused economic development.
• Ability to establish and maintain effective working relationships with co-workers, clients, lenders, investors, other agencies, and the general public.
• Ability to communicate clearly and effectively, both verbally and in writing
• Skills in preparing and presenting researched reports
• Word and Excel skills.

Physical demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Normal office hours are Monday through Friday between 8:30 AM and 5:00 PM.  Occasional evening or weekend work is required. Flexible hours are available with the permission of management.

While performing the duties of this job, the employee is regularly required to sit, talk and hear.  The employee is sometimes required to travel by car and, upon occasion, by plane.  The employee is regularly required to climb stairs, assist in setting up/taking down conference rooms, computers, screens, projectors, etc and must occasionally lift and/or move up to 30 pounds.

Salary and Benefits:

Salary range:  $ 45,000 – $60,000 (dependent on experience)

Benefits:

• Health insurance for employee, 100% employer paid
• Option of adding dental, vision, additional life insurance, and family coverage at employee expense
• 3% pension match on a Simple IRA
• 11 Paid Holidays
• 80 hours annually of Paid Time Off
• One week of sick leave annually
• Flexible Hours/Days with Employer Consent

Cover letter and resume to Jim Thaden, Executive Director – Mission West Community Development Partners
Email:  [email protected]

 Mission West Community Development Partners) is an equal opportunity provider, employer and lender.