Lending Administrative Specialist, Business Finance Center

Job no: 10001007
Position type: Part-Time / Hourly Wage
Location: Springfield, VA, On Site Required
Division/Equivalent: Provost
School/Unit: Office Rsrch Innov and Econ Impact
Department/Office: Innovation and Economic Development
Categories: Default

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Department: Office Rsrch Innov and Econ Impact

Classification: GMU Worker

Job Category: Part-Time / Hourly Wage

Job Type: Part-Time

Work Schedule: 29 hours per week maximum

Location: Springfield, VA

Workplace Type: On Site Required

Salary: Salary commensurate with education and experience

Criminal Background Check: Yes

About the Department:

Community Business Partnership (CBP), headquartered in Springfield, VA, is a 501(c)3 organization whose mission is to help start and grow small businesses in Northern Virginia and surrounding areas. The organization provides affordable access to capital to underserved and underbanked micro and small business owners in its approved lending market.

The organization is a certified Community Development Financial Institution (CDFI) via the U.S. Department of Treasury’s CDFI Fund. A certified CDFI is a specialized financial institution that works in target market niches that are underserved by traditional financing institutions. CBP is also an approved U.S. Small Business Administration Intermediary Microlender and a Virginia Department of Housing and Community Development lending provider. The organization operates its lending operations through its Business Finance Center (BFC).

CBP is also a sponsored program of the Mason Enterprise Center at George Mason University, and as such, provides clients access to business development support services such as training, one-on-one counseling, in-house and virtual incubation services, and other opportunities. 

About the Position:

CBP is currently seeking a Lending Administrative Specialist to help support the Business Finance Center (BFC) and the organization’s increased lending operations. The successful candidate will also assist in improving the applicants and borrowers’ engagement process as part of the lending team.

This position reports to the leadership of the Business Finance Center at Community Business Partnership. The Lending Administrative Specialist will work with other CBP programs and staff as needed to meet the overall CBP objectives and serve the needs of the low-income, socially disadvantaged community we serve.

This is a part time position (maximum 29 hours per week).

Responsibilities:

All duties are to be performed as directed by the BFC leadership, authorized by CBP management, and in accordance with the organization’s lending policies along with applicable funding source requirements.

  • Performs and supports the monthly/bi-monthly loan billing processes;
  • Assists the BFC leadership with maintaining and monitoring of delinquent loan portfolio management;
  • Processes delinquency notices and communicates with delinquent borrowers;
  • Supports loan prospects and new loan applicants by providing guidance and assistance during the pre-application and application period, as needed;
  • Assists with loan origination in accordance with established loan funds, loan policies, and procedures;
  • Assists in the preparation of approved loan funding packages and communicates with qualified borrowers, as required;
  • Assists with maintaining funding database(s);
  • Monitors adherence to all organizational and loan policies and procedures;
  • Assists and supports reporting requirements as spelled out in contracts and grant agreements;
  • Data entry processing as required by each job function;
  • Effective and timely communication; and
  • Performs other duties as required and assigned.

Required Qualifications:

The Lending Administrative Specialist, Business Finance Center, requires loan underwriting procedural experience and an understanding of small business.

  • Two years minimum loan underwriting or support experience;
  • Two years of administrative professional office support experience;
  • Knowledge of funding principles, methods, procedures, and resources;
  • Proficiency with MS Office software and Lending Software/Applications experience;
  • Must be able to maintain confidentiality;
  • Detail oriented and exceptional attention to detail;
  • Excellent time management and organizational skills;
  • Ability to assess priorities, organize, and operate in a flexible manner;
  • Ability to work independently and meet strict deadlines;
  • Ability to establish and maintain professional relationships with individuals of varying social and cultural backgrounds and with co-workers at all levels;
  • Excellent communication skills; and
  • Works well with a team and is flexible to meet the needs of the organization.

 Must be able to pass a background check to work on our federal lending programs including SBA.

Preferred Qualifications:

The ideal candidate will have:

  • Small business knowledge;
  • Familiarity and experience with business and financing issues;
  • Experience working with community-based programs or serving in community-based programs;
  • Non-profit lending experience;
  • Business experience; and
  • Public speaking skills.

Instructions to Applicants: 

For full consideration, applicants must apply for the Lending Administrative Specialist, Business Finance Center at https://jobs.gmu.edu/. Complete and submit the online application to include three professional references with contact information, and provide a cover letter and resume.

Posting Open Date:  April 4, 2024

For Full Consideration, Apply by:  April 25, 2024

Open Until Filled?:  Yes

 

Advertised: Eastern Daylight Time
Application close:

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