Loan Officer

This is a fully remote position, open to applicants in Arizona, +2 more states.

📋 Description

• Promote and market the Impower95 loan product to lenders, small businesses, real estate and loan brokers, financial institutions, Certified Development Companies, and community development lenders.

• Develop, nurture, and manage relationships with external stakeholders and community organizations.

• Collaborate with Capital Deployment teams to explore cross-marketing opportunities.

• Represent Momentus at business and industry events by presenting to groups and individuals.

• Collect qualitative and quantitative data regarding the Impower95 product and identify areas for improvement within capital constraints.

• Identify, engage, and pre-screen prospective borrowers to discuss the loan program.

• Pre-qualify, compile, structure, and assess loan applications for eligibility, creditworthiness, and repayment capacity based on established credit guidelines.

• Document the loan structure, intended use of proceeds, business history, management information, loan purpose, and eligibility narratives in Ventures+.

• Assess loan eligibility based on geographic, occupancy, industry, and cash flow requirements.

• Evaluate creditworthiness by reviewing cash flow and credit history.

• Ensure potential borrowers meet basic credit criteria before advancing files to processing or underwriting.

• Prepare and present quarterly impact stories to CDC management and the marketing team.

⛳️ Requirements

• Bachelor’s degree in business or public administration, marketing, economics, finance, or urban studies from an accredited institution, or equivalent relevant experience.

• Five years of business development experience in selling commercial real estate loan products.

• A well-established network of contacts within the real estate broker, lender, and community partner sectors.

• Excellent written and verbal communication skills, with experience in creating reports, publications, and presentations.

• Strong interpersonal abilities and the capacity to build and maintain effective working relationships across various management levels and diverse socio-economic backgrounds.

• Proficient in developing and delivering multi-modal communications tailored for different audiences.

• Understanding of commercial business and real estate loan structuring and underwriting principles.

• Familiarity with sales and marketing strategies, and the ability to educate business owners, brokers, bankers, civic personnel, and financial professionals about lending programs.

• Knowledge of financial management principles and practices.

• Acquainted with methods for presenting economic development and financing information to the public.

• Must possess legal authorization to work in the United States.

• The company does not provide sponsorship for work visas.

🏝️ Benefits

• Eligible for remote work, with residency required in California, Arizona, or Nevada.

• Commission eligibility.

• All employees must be legally authorized to work in the United States.

• No work visa sponsorship available.