Lendistry
Credit Executive I
Lendistry, Tustin, California, United States, 92681
ABOUT LENDISTRY
Lendistry is the country’s largest minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer whose mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities as a source of financing and financial education.
GENERAL RESPONSIBILITIES
• Reviews initial loan application packages from Sales to determine eligibility and additional required documentation.
• Ability to structure package to fit within minimum requirements of products available.
• Knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
• Decision file (decline, suspend, or submit for approval)
• Runs all background checks for business and merchant.
• Review 3rd party reports (Credit report, Business Experian, CAIVRS etc.)
• Sets-up call and discusses file with client (initial interview)
• Review completed file for underwriting. Ensures all information is received prior to underwriting.
• Underwrites the transaction and Prepares package for third party approval.
PROFICIENCIES
• Ability to structure and analyze complex commercial credit transactions.
• Excellent verbal and written communication skills.
• Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel.
• Thorough knowledge of accounting principles, financial statement analysis, and banking operations and regulations.
• Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, ability to work independently and as part of a team.
• Strong analytical ability with active listening skills.
• Willingness to adapt to changing business needs and deadlines, including extended work hours.
• Exhibit a professional, business-like appearance and demeanor.
EDUCATION AND EXPERIENCE
• Minimum 5-7 years of relevant experience and in-depth understanding of Commercial C&I and real estate financing, and closing, procedures.
• Minimum B.A. in a related field of study (Finance, Accounting, Business Administration).
• Ability to manage and underwrite complex transactions with limited guidance
• Experience managing team members
• Strong knowledge of financial services.
• Outstanding communication and relationship management skills
• Excellent verbal and written communication skills.
• Advanced computer proficiency.
• Ability to travel, work flexible schedules, and cover different locations if requested.
• Bilingual English-Spanish preferable
• Attain customer’s satisfaction.
SALARY
$103,900 - $138,900/Annually, depending upon experience and location
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Lendistry is the country’s largest minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer whose mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities as a source of financing and financial education.
GENERAL RESPONSIBILITIES
• Reviews initial loan application packages from Sales to determine eligibility and additional required documentation.
• Ability to structure package to fit within minimum requirements of products available.
• Knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
• Decision file (decline, suspend, or submit for approval)
• Runs all background checks for business and merchant.
• Review 3rd party reports (Credit report, Business Experian, CAIVRS etc.)
• Sets-up call and discusses file with client (initial interview)
• Review completed file for underwriting. Ensures all information is received prior to underwriting.
• Underwrites the transaction and Prepares package for third party approval.
PROFICIENCIES
• Ability to structure and analyze complex commercial credit transactions.
• Excellent verbal and written communication skills.
• Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel.
• Thorough knowledge of accounting principles, financial statement analysis, and banking operations and regulations.
• Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, ability to work independently and as part of a team.
• Strong analytical ability with active listening skills.
• Willingness to adapt to changing business needs and deadlines, including extended work hours.
• Exhibit a professional, business-like appearance and demeanor.
EDUCATION AND EXPERIENCE
• Minimum 5-7 years of relevant experience and in-depth understanding of Commercial C&I and real estate financing, and closing, procedures.
• Minimum B.A. in a related field of study (Finance, Accounting, Business Administration).
• Ability to manage and underwrite complex transactions with limited guidance
• Experience managing team members
• Strong knowledge of financial services.
• Outstanding communication and relationship management skills
• Excellent verbal and written communication skills.
• Advanced computer proficiency.
• Ability to travel, work flexible schedules, and cover different locations if requested.
• Bilingual English-Spanish preferable
• Attain customer’s satisfaction.
SALARY
$103,900 - $138,900/Annually, depending upon experience and location
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)