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Lending Credit Analyst

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Published 13 days ago

Position Type: Full Time

Reports to: Managing Director, Small Business Services

 Are you a driven individual who is passionate about building a more equitable society? If so, please consider joining Pacific Community Ventures as our Lending Credit Analyst. As a mission-driven lender, we invest in diverse small businesses across the state of California to help them grow and strengthen their practices. You’ll work with our team to underwrite and monitor the organization’s growing portfolio of loans for California small businesses, focused on expanding access to capital and advising for Black and Brown entrepreneurs.


Who We Are

PCV is a 22-year-old nonprofit CDFI that is invested in the success of historically excluded communities and small business owners to build and grow their businesses, create good quality jobs that address racial and gender wealth gaps, and build community wealth for shared prosperity. Our approach is unique. PCV’s Small Business Lending and Advising teams connect entrepreneurs to the pre- and post-investment expertise, and restorative capital they need to grow their businesses to help local economies thrive. Our impact investing research and consulting team supports our advancement of best practices for inclusive underwriting, annual impact analysis, that allows us to assess our impact with small business clients, and design increasingly effective products and services for the communities we serve.


Why You’re Needed

We’re a dynamic nonprofit organization with a growing Loan Fund that supports more and more small businesses with loans and pro bono mentoring, creating good jobs in low-and-moderate income communities. With our expansion, we are adding loan support software and streamlining our processes and procedures to reach entrepreneurs more efficiently. You will be a dedicated teammate with strong analytical, writing, and interpersonal skills who is passionate about investing in underserved communities.

This position will report to the Managing Director, Small Business Services, work closely with the Director of Lending, and Loan Manager.  This is a wonderful opportunity for a quick learner who wants to gain experience in the fields of small business lending and community development.

Specific Responsibilities:

Among other things, you will:

  • Be the primary source of contact for all potential borrowers and referring partner organizations.
  • Collect due diligence items from potential borrowers, run credit checks, and assist with ratio and financial analysis in the underwriting process
  • Discuss the viability of credit packages with lending team and make recommendations
  • Participate with borrower compliance with financial, reporting, and advising covenants, monitor borrower financial performance, and provide analysis to the Managing Director and Director to inform risk ratings
  • Actively update all applications in the lending software
  • Maintain electronic and hard copy files in audit-ready condition for all borrowers
  • Help maintain reporting, risk rating analysis and other portfolio records as needed
  • Grow industry and sector knowledge by attending events and developing strong working relationships with clients and partners

Skills and Abilities:

  • Bachelor’s degree with an interest in finance/community development
  • Familiar with QuickBooks, Salesforce, MS Office Suite, with a strong aptitude for learning new computer programs quickly
  • Self-starter willing to take initiative, but also works well in a team
  • Excellent interpersonal skills and strong ability to multi-task
  • Embody PCV values of coming from a place of “Yes,” having empathy, being transparent, and maintain a sense of humor!
  • Spanish speaker strongly preferred

Location/Travel

This position will be based at our headquarters in Oakland long-term, due to the coordination aspects of this role. However, during the COVID-19 pandemic this role will be mostly remote, with occasional office check-ins to support team operations. The role may involve occasional travel to other locations in California.

Position Type: Full Time

Reports to: Managing Director, Small Business Services

 Are you a driven individual who is passionate about building a more equitable society? If so, please consider joining Pacific Community Ventures as our Lending…

Details at a Glance

  • Time Commitment
    Full Time Schedule
  • Start Date
    September 13, 2021
  • Application Deadline
    August 10, 2021
  • Education
    4-Year Degree Required
  • Professional Level
    Professional

Benefits

As an organization committed to creating good jobs, we walk the talk. We provide excellent benefits for full-time employees, including full health, dental, and vision insurance, retirement savings accounts with a generous match which is fully vested immediately, ample paid time off and holidays, as well as meaningful professional development opportunities.

As an organization committed to creating good jobs, we walk the talk. We provide excellent benefits for full-time employees, including full health, dental, and vision insurance…

Level of Language Proficiency

Spanish speaker strongly preferred

Spanish speaker strongly preferred

Location

Temporarily Remote
Work must be performed in or near Oakland, CA
Associated Location
Oakland, CA, USA

How to Apply

Interested candidates must be legally authorized to work in the United States. They should send a résumé and cover letter via e-mail to hr@pcvmail.org with the words “Credit Analyst” in the subject line, by August 10th. Start at earliest convenience. No phone calls, please. Apply now. 

PCV is an equal opportunity employer. Applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran or military status, unfavorable military discharge, or any other status protected by applicable federal, state or local law. We live our values of openness, transparency, coming from a place of yes, collaboration, and more; and believe that justice, equity, diversity, and inclusion are fundamental to our success. We are especially interested in candidates who have direct experience with the communities we serve.

Interested candidates must be legally authorized to work in the United States. They should send a résumé and cover letter via e-mail to hr@pcvmail.org with the words “Credit Analyst…

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