Credit Executive II

## Credit Executive IIApplylocations:
On-Site
- Los Angeles CA:
Remote:
On-Site
- Tustin CAtime type:
Full time posted on:
Posted 3 Days Agojob requisition :
JR100130

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.

If you need assistance or accommodation due to a disability, you may contact us at hr Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.

And, in the event that a resume or candidate is submitted by a recruiter, an employment agency, or a staffing firm without a fully executed MSA, Lendistry has the unrestricted right to pursue and hire any of those candidate(s) without any legal or financial responsibility to the recruiter, agency, and/or firm.
** A Day in the Life
** The
** Credit Executive II
** Under the direction of the Sr Credit Manager, the Credit Executive II will review credit applications, analyze relevant credit information, and structure requests to obtain final loan approval. Credit Executive II is also responsible for preparing memorandums and credit analysis through the loan approval process with timely and accurate due diligence. The credit executive II is also responsible for coaching and mentoring other SBA Credit Underwriters.

Some travel may be required.
** Lendistry:
Who We Are
** We’re proud to be the nation’s largest minority-led, tech-savvy lender for small businesses and commercial real estate. As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our mission is all about creating economic opportunities and fueling growth for small business owners and their communities. Join us as we pave the way with innovative financing and financial education!
** What You’ll Be Doing
*** Review initial loan application packages from Sales to determine eligibility and additional required documentation.
* Structure loan package to fit within minimum requirements of products available
* Have knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
* Decision loan files (decline, suspend, or submit for approval).
* Run all background checks for business and merchants.
* Review 3rd party reports (Credit report, Business Experian, CAIVRS etc.).
* Sets-up calls and discusses file with client (initial interview).
* Review completed file for underwriting. Ensure all information is received prior to underwriting.
* Underwrite the transaction and prepare package for third party approval.
* Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!
** Your Areas of Knowledge and Expertise
*** Minimum 8+ years of relevant experience and in-depth understanding of SBA, Commercial C&I and real estate financing, and closing, procedures.
* Expert knowledge of SBA Standard Operating Procedures.
* Minimum bachelor’s degree. Finance, accounting, or Business Administration focus is preferred.
* Ability to manage and underwrite complex transactions with limited guidance
* 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 preferred.
* Attain customer satisfaction.
* Ability to structure and analyze complex commercial credit transactions.
* Excellent verbal and written communication skills.
* Sophisticated word…