Loan Fund Manager
Home / Job Openings / Loan Fund Manager

Loan Fund Manager

STATUS: Full-time, Exempt
LOCATION: Region Designated (SE or WM)
REPORTS TO: Executive Director, Women’s Entrepreneurial Initiative

DUTIES/RESPONSIBILITIES:
Assigned responsibilities include the review and analysis of financial information and loan documents related to microloan funding to Michigan Women’s Foundation (MWF) Entrepreneurs (existing or new). This position requires sound business acumen, high-level collaboration and influencing skills to achieve high performance. This position requires the possession of skills that balance internal process management responsibility with external visibility that is vital to achieve the business goals of

ESSENTIAL JOB FUNCTIONS:

  • Evaluates new business plans (as needed) and loan applications to insure proper completion and submission of required financial information to facilitate financial credit analysis and loan readiness.
  • Reviews and analyzes financial accounting data, legal documents, contracts, and other records and documents to complete the financial analysis;
  • Advises applicants of additional information or documents that may be required, as needed
  • Analyzes revenues, expenditures and current and future debt obligations; completes debt coverage calculations and future revenue and expenditure and ratio tests and justifications;
  • Analyzes monthly operating statements / annual audits of loan recipients in conjunction with Portfolio Manager
  • Prepares quality loan documents, reports, meeting minutes, and correspondence in a timely manner
  • Performs site visits, as necessary
  • Develops and monitors financial/economic market information data bases concerning microloan programs
  • Coordinates with director and on financing strategies concerning current and future program issues
  • Represents MWF by attending ESO, funder & engagement sessions (i.e., collaborative, funder panels, and partner organization events)
  • Performs other duties as assigned, as this list of principal responsibilities is not complete and will be supplemented as necessary.

EDUCATION AND PREFERRED QUALIFICATIONS:

  • Minimum of three years of experience in the area of microloan processing, customer relations, banking and/or finance
  • Knowledge of MicroLoan processing and loan acquisition
  • Strong attention to detail, goal-oriented
  • Commitment to excellent customer
  • Proven accomplishment in expanding business and relationship development
  • Excellent written and verbal communications abilities
  • Ability to prioritize and manage multiple responsibilities
  • Proven accomplishment in expanding business and relationship development
  • Bachelor’s Degree in Accounting, Finance or Business ~ Master’s preferred

COMPENSATION:
Salary will be commensurate with the skills and experience of the selected candidate.

WORK ENVIRONMENT/CONDITIONS:
The position may require some irregular hours, such as overnight, weekends, overtime, etc.
Michigan Women’s Foundation does not discriminate in employment opportunities or practices on the basis of race, color, religion, national origin, age, sex, sexual orientation, marital status, disability, or any other characteristic protected by law.

Job Type: Full Time
Job Location: Detroit

Apply for this position

Allowed Type(s): .pdf, .doc, .docx