Loan Funds Manager

Position Summary

The Loan Funds Manager assists local banks and businesses in accessing new loan financing through Prospera’s Revolving Loan Funds. This position is suited for a savvy business professional who enjoys sales, customer service, and financial analysis that supports our lending goals. This position will manage a pipeline of potential loan clients, prepare business analysis and underwriting, and present financing deals to our loan committee for approval.

Our lending is focused on businesses located in Gallatin and Park counties.

With more than $6 million in loan funds, this is a rapidly growing and dynamic program  Loan Funds Manager, working with the Senior Director of Finance and Lending and the Prospera Team, will organize and process new business loans while managing all aspects of the loan program from start to finish. Teamwork and coordination with Prospera co‑workers and community bankers is vital.

• Team player who will build working relationships with bank lenders, co-workers and local business owners.
• Self‑motivated with the ability to promote the Prospera lending program and be a deal maker.
• Confidence to manage multiple projects using established processes, with attention to detail.
• Enjoy providing timely customer service and communication.
• Positive attitude with the ability to create lasting working relationships within the business community.
• Drive and passion for supporting local businesses with financing opportunities.

• A college degree in finance, accounting, or business administration and/or at least five years direct experience in commercial lending, accounting, or finance consulting.
• Formal training in business finance, credit analysis and commercial lending is strongly desired.
• The ability to sell and market the business financing and loan program.
• Proficiency in Excel and Microsoft Office Suite.
• Possess excellent computer, organizational, and communication (both written and verbal) skills for internal and external communications.

Evaluate the financing package and underwriting to determine eligibility for the loan program.

• See the loan process through from start to finish.
• Work with business advisors as needed to assist with funding business clients.
• Work in partnership with financial institutions to assist in funding bank generated loan packages for local businesses.
• Ensure all required documentation is received from clients.
• Analyze loan eligibility and risk with the Senior Director of Finance and Lending.
• Prepare closing documents using Compliance One software.
• Secure collateral or personal guarantees.

• Organize loan committee meetings, public notice, and communications to schedule loan closings.
• Plan and organize loan committee meetings including public notice as needed with local government staff, creating agendas, and recording minutes and votes.
• Present potential loans to the committee for decision making and communicate with loan clients.
• Prepare approval documents on behalf of the committee for the Prospera board.
• Facilitate closings with banks, title companies, and borrowers.
• Ensure all relevant filing and documents are accurately completed.

• Conduct outreach to existing loan clients to ensure compliance and record keeping is up to date.
• Annual site visits & client meetings to assess health of the business.
• Collection and review of loan client financials & tax returns.
• Conduct payment collections as needed.
• Working with the Senior Director of Finance and Lending, set up and maintain accurate data in Down Home Solutions (loan management software).
• Monitoring clients & working with banks to refinance bankable clients.
• Negotiate modifications/refi’s on existing loans or workout deals to pay off the loan.
• Notify loan committee & secure approvals as needed.

• Promote the loan program to drive new financing deals, l ead sales and marketing efforts with local banks and other key stakeholders.
• Organize regular meetings with bank lenders to share and promote Prospera’s lending program.
• Coordinate presentations to bank loan committees to drive…