Loan Portfolio Specialist

Are you detail oriented, systems savvy, and motivated by work that strengthens small businesses and communities? The Southwest Initiative Foundation is seeking a Loan Portfolio Specialist to support the servicing, documentation, and management of business loan programs that strengthen entrepreneurs and communities across southwest Minnesota.

This role focuses on loan portfolio management, database administration, due diligence, and compliance across multiple state and federal financing programs, including SBA Microloan, USDA Rural Microentrepreneur Assistance Program, and others. The Loan Portfolio Specialist ensures data accuracy, supports loan servicing and reporting, and balances strong customer service with a compliance focused mindset.

The ideal candidate brings experience in commercial lending or economic development, high proficiency with Salesforce and Microsoft Office tools, strong attention to detail, and the ability to manage multiple priorities in a fast paced environment. Comfort working with financial data, loan documentation, and basic accounting concepts is essential. Occasional regional and statewide travel is required.

Minimum Qualifications

Position requires a minimum of three years experience in transaction management at a lending institution, economic development organization, or foundation. Minimum of two years experience in a position where Salesforce or equivalent CRM utilization was a primary role. Must provide personal transportation to travel as needed. This position may require occasional travel in the 18-county region and within Minnesota.

Southwest Initiative Foundation is a nonprofit community foundation serving southwest Minnesota, dedicated to strengthening regional economic vitality and expanding opportunity. We partner with individuals, businesses, financial institutions, and communities to drive local growth, support entrepreneurs, and foster lasting impact.

Our work is rooted in the belief that when wealth stays local, it fuels economic mobility and builds resilient communities. In 2024, we launched Southwest Minnesota Community Capital (SMCC), our emerging Community Development Financial Institution (CDFI), to expand access to capital and deliver mission-driven lending that supports historically underserved populations and promotes long-term business stability.

Through our Business Finance and Microenterprise Loan Programs, we collaborate with banks, credit unions, and other partners to create and retain quality jobs, strengthen small businesses, and help communities compete in a global economy. Beyond lending, we provide technical assistance and resources supporting entrepreneurs with tools in accounting, operations, and marketing. At our core, we connect people, capital, and ideas to build a stronger, more inclusive southwest Minnesota.