 |
|
 |
Program Staff/Associate
Lender
ShoreBank Enterprise Cascadia
Job Details
Job Title: Program Staff/Associate Lender
Reports To: Director, Indian
Country Initiative
Company: ShoreBank Enterprise Cascadia
Location: Seattle,
Washington
Salary Range: 6
FLSA Status: Exempt
Summary of Position:
ShoreBank Enterprise Pacific (SEP) was founded in 1995 by ShoreBank Corporation,
Chicago and Ecotrust, Portland as a 501(c)(3) nonprofit conservation
economic development organization. In 2007, SEP merged with Seattle-based
Cascadia Revolving Fund (est. 1985) to form ShoreBank Enterprise Cascadia
(SBEC). SBEC’s mission is to participate in the development and
advancement of long-term, triple bottom line, economic development strategies
for regional economies of the Pacific Northwest. Headquartered in Ilwaco,
Washington with offices in Oregon (Coos Bay, Astoria, and Portland) and
Washington (Seattle, Shelton and Port Angeles), SBEC provides non-bank
credit, targeted programs, and consulting services to entrepreneurs,
non-profits and governments. The individuals and entities we serve create
economic opportunity and resilience in their communities by generating
new wealth while building social equity and conserving the natural environment.
A key element of our organizational strategy is the development of targeted activities within the regions we serve. These activities are designed to maximize our impact across all elements of our mission. With that in mind, we launched the Indian Country Initiative in 2007.
The Initiative works to support the organization’s delivery of alternative financial products and services to Indian Country in Oregon and Washington. In developing this program we hold that 1) Tribes and Tribal members are integral to the organization’s regional mission and 2) that our approach to meeting needs in Indian Country is appropriately a targeted one.
-Program objectives: ensure effective delivery of existing products to Indian Country; develop unique products specific to Indian Country.
-Program strategy is to build strong relationships with Tribes and their members, Native Organizations and Tribal leadership.
-Program mission is to have a substantive impact in Indian Country in the Pacific Northwest.
-Program vision is a regional economy which recognizes the critical role played by the first people of this land not just historically but into the future. This initiative hopes to have played some small part in realizing this vision.
ShoreBank Enterprise is currently seeking a full-time employee to serve as Program Staff/Associate Lender to assist in further developing and implementing the initiative. This position will ideally be housed in our program offices in Seattle, WA but other offices are also a consideration.
POSITION PURPOSE
This position will have two primary responsibilities:
1) provide support to Indian Country Initiative program staff. Emphasis
will be on development and implementation of SBEC’s ICI strategy
targeting Tribes and their members throughout the region 2) additionally,
it is expected that this position will include major responsibilities for
analyzing loan requests, preparing loan packages and assisting lenders
in the loan process.
ESSENTIAL DUTIES AND RESPONSIBILITIES
include the following.
Other duties may be assigned. An employee's specific job duties, priorities
and performance expectations are detailed in his/her individual performance
plan:
Program Staff Duties
• Provide direct staff support
in the development and implementation of SBEC’s Indian Country Initiative
strategy. Specific activities will include assessment and research of opportunities,
development of targeted financial products, and identification of partnership
opportunities.
• Build specific understanding of targeted communities
(on and off reservation) in terms of social, ecological, and economic issues
and patterns.
• Develop program expertise and relationships that
will benefit from ICI involvement. Identify partnership opportunities for
delivering SBEC services.
• Develop program leverage between SBEC
mission and the resources of other organizations, Tribes and agencies.
• Identify
Lending and Consulting Services opportunities for SBEC Lending Staff and
Consulting Services Staff.
• Work in close collaboration with SBEC
team on other targeted and regional strategy and program activities, including
periodic support for strategic initiatives and consulting activities. Participate
in fundraising activities as assigned.
Associate Lender Duties
• Develop credit information
for use by loan officers in making lending decisions on new loans and renewals.
• Act
as a control point in the loan approval process to insure adherence to
lending policies.
• Interpret and analyze applicant's business plan,
financial statements and related materials in conformity with standard
financial statement reporting and loan procedures.
• Prepare loan
presentations, offer opinions on deal structure and creditworthiness, and
participate in presentation and/or present loans to Loan Committee.
• Understand
procedures and prepare documentation for credit-enhanced lending, including
current regulations, loan packaging, follow-up communication, and loan
modification requests.
• As an associate lender, gain experience over
time and possibly take over the management of a portfolio of small loans.
• Assist
lenders and loan administration staff in loan closing activities by providing
post-funding analytical, documentation, and monitoring support.
• Participate
in customer and prospect site visits to gain insight into client business
operations.
• Screen prospective lending customers who are making
initial inquiries by telephone or in person.
• Assist in risk management
by monitoring existing loans, writing brief memos to the file on the conditions
of credits and recommending upgrades or downgrades as needed.
• Monitor
compliance with and continuing eligibility relating to government programs
(CDFI, etc) Creates portfolio reports as requested.
TYPICAL PROBLEM SOLVING
Ability to read, analyze, and
interpret general business periodicals, professional journals, technical
procedures, or governmental regulations. Ability to write reports and business
correspondence. Ability to effectively present information and respond
to questions from groups of managers, clients, customers, and the general
public.
MINIMUM EDUCATION REQUIREMENTS
Bachelor's degree or relevant
experience required. Significant coursework in accounting, finance or economics
desired.
MINIMUM WORK EXPERIENCE
One to two years related experience
and/or training; or equivalent combination of education and experience
in community-based work.
PHYSICAL DEMANDS
The physical demands described here are
representative of those that must be met by an employee to successfully
perform the essential functions of this job. Reasonable accommodations
may be made to enable individuals with disabilities to perform the essential
functions.
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle or feel; and talk and hear. The employee frequently is required to walk. The employee is occasionally required to stand and reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision. The employee is regularly required to travel in the metropolitan area. The employee is required to travel regionally to headquarters for company meetings and events.
TO APPLY: Email a resume and cover letter to employment@sbpac.com. To learn more about ShoreBank Enterprise Cascadia, visit www.sbpac.com. Application deadline is September 1 or until filled, forecast hiring date is September, 2008. ShoreBank Enterprise Cascadia is an equal opportunity employer; women and minorities are encouraged to apply.