Internal Loan Officer

About the Organization

The Momentus Capital branded family of organizations - which includes Capital Impact Partners, CDC Small Business Finance and Momentus Securities (an SEC-registered broker-dealer, MSRB-registered municipal advisor, a FINRA-approved municipal advisor and municipal securities broker-dealer, FINRA/SIPC member) - are transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve.

We are working to reinvent traditional financial systems and advance locally-led solutions that create economic mobility and generational wealth. Through our continuum of financial, knowledge, and social capital, we offer a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology solutions.

Our holistic and streamlined approach offers comprehensive solutions for small business entrepreneurs, real estate developers, community-based organizations, and local leaders at every stage of growth, from inception to expansion. When these leaders have the opportunity to succeed, their communities, their residents – and our country – thrive.

Position Summary

The Internal Loan Officer reports directly to the Internal Sales Manager and pre-qualifies loan prospects referred from external sources and economic development partnerships. The goal of this position is to generate a stable volume of prequalified loan leads that will be referred to other Smart Growth Business Product team members for further review. The Internal Loan Officer also actively works with external vendors that are critical to their ability to secure loan prospect referrals.

Essential Responsibilities

· Active contact and prospect management with inquiries received through multiple customer acquisition channels.

· Promptly contact prospects to outline CDC products and collect necessary information required for a loan prequalification.

· Using CDC tools, create spreadsheet-based credit analysis and program eligibility assessments based on loan request and borrower criteria.

· Effectively communicate with potential borrowers to ensure those that are likely qualified will remain interested in CDC products. Assess those that are close to qualified as potential prospects for business advising and refer accordingly.

· Prepare reports and assist on special projects as needed.

· Work closely with external vendors and referral sources to maximize viable lead generation.

• Bachelor’s Degree with a major in business, finance or marketing related studies
• Minimum 2 years of work experience, preferably in finance, lending or small business advising
• Intermediate or advanced computer skills
• Excellent customer relationship management skills
• Strong writing skills
• Dedicated, motivated team player
• Thrives in a fast-paced environment
• Customer service focused
• Comfortable working with and creating basic financial reports
• Ability to work on multiple files and projects effectively
• Detail oriented
• Self-motivated, takes initiative, solves problems
• Bi-lingual (Spanish) a plus
• Some experience in finance/lending work or university related

This role is eligible for remote work.

The salary range for this position is $69,366.00 - $82,000.00 and is be eligible for commission.

• Structure A: $69,366 $80,000 All locations except Structures B and C
• Structure B: $72,384 $82,000 Washington, D.C.; Maryland; Virginia (DMV); non-Bay Area California markets; and Massachusetts
• Structure C: $72,384 $82,000 New York; New Jersey; and the California Bay Area

All employees must be legally authorized to work in the United States. The company will not sponsor applicants for work visas.