Relationship Manager

Mission

Empowering businesses in all communities by providing access to responsible capital and resources.

Vision

To create a more inclusive economy by ensuring every business owner has a path to success.

Core Values

Strengthen communities through collaboration. Leading with transparency and authenticity Celebrating diversity and embracing our differences Engaging on a personal level

Who We Are

Pursuit is a community-focused lender that provides small businesses with affordable loans and resources so that they can reach higher, transform, and grow. That transformation may start with an individual borrower, but ultimately extends into the broader community, taking shape as new employment opportunities, economic development, and positive change.

What We Do

For more than 70 years, we have been 100% invested in the success of our clients. Pursuit offers a suite of innovative financing products designed to expand access to capital for small businesses. Our range of loans and lines of credit range from $10,000 to $5.5 million for businesses ready to make their next big investment. We have designed our application processes and loan terms with more flexibility than traditional banks. Our signature loan programs include commercial real estate financing, general business funding, and fast business funding through a digital platform. We leverage deep, long-term relationships with banks and community partners to serve clients in New York, New Jersey, and Pennsylvania.

About the Job

Pursuit seeks to hire a Relationship Manger in Latham NY. The Relationship Manager is responsible for working directly with the Internal Lending Group (ILG) & Pursuit staff members, underwriters, borrowers, bankers and their applicable professionals throughout the lending process. In this role, one will be engaged early on in the process, assisting with internal and external Small Business Administration (SBA) 7(a) & various Pursuit Community Finance (PCF) product loan referrals and inquiries, from initial conversation up to coordinating a transition to the Closing team upon SBA approval and assist with post-approval items as necessary.

What You’ll Do

• Reviews internal and external SBA 7(a) and PCF loan product referrals and inquiries, for eligibility and viability determination.
• Communicate with Borrower on program requirements, terms and conditions to ensure Borrower is amenable to the loan terms and conditions, as applicable to the program requirements. 
• Manages loan requests from initial conversation to finalizing project & structure, write up loan submission for submission to the credit department, working with credit analysts and credit officers towards completion of a credit memorandum. 
• Coordinate with Loan Processors on application package collection, Ventures input and perform site inspections, when applicable.  
• Present loan to Senior Staff Loan Committee with recommendation for loan decision and facilitate post-approval handoff to legal for closing, while assisting with post-approval items, as necessary.                 

What You’ll Bring

• Bachelor’s degree preferred.
• Associate degree with 2 years of relevant experience will be considered.

·       Credit Analysis / Underwriting Experience Preferred.

• Prior loan officer experience or similar role preferred.

·       Demonstrated proficiency with Microsoft Office Suite and databases.

• Attention to detail.
• Problem solving skills.
• Ability to meet deadlines and prioritize tasks.
• Excellent communication and negotiation skills.
• Customer service focus.
• Highly organized and able to balance various projects and responsibilities at once, in a fast-paced environment.

Additional Information

·       We will give consideration to and provide training for veterans interested in a career in finance/ banking provided that the applicant has completed at least two years of college with an accredited institution.

·       Final candidates must pass all pre-employment screenings, including background check, credit check, and drug screening.

·       Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.

What We Offer

A collaborative environment of mission-focused professionals dedicated to helping communities and economies grow through business lending. We seek individuals who want to blend a career in financial services with a career serving others. Pursuit extends its employees’ competitive salaries and a range of benefits including, including but not limited to:

·       Health Insurance, generous employer premium contribution

·       Fully paid Dental, Vision, and Life Insurance

·       Generous 401(k) match

·       Flexible spending account

·       Holiday and Paid Time Off

·       Paid Parental Leave

·       Volunteer Time Off

·       Referral Program

·       Educational assistance after two years of employment

·       Mentorship Program

·       Summer work hours

How to Apply/ Contact

Please submit a cover letter and resume and/or completed Employment Application.

HRTeam@pursuitlending.com

https://pursuit-hr.formstack.com/forms/employment_application

How We Help

We believe that when local businesses thrive, they provide good, stable jobs, recycling the money they spend back into the community to help it grow. Our loans are offered with affordable rates to ensure that our clients can continue growing and positively impacting their neighborhoods. While compelling founders’ stories are what drive us every day, we are proud to work with small businesses at scale:

$4 billion lent, $1.2 billion in the last 5 years

$2 billion portfolio of small business loans 70,000 jobs created.

10,000 loans to small businesses

10,000 hours of advisory and educational services

Based on our compensation benchmarking survey, the estimated salary range for this position is $50,000 – $70,000 and is commensurate with education and experience.

We are an Equal Opportunity Employer and comply with all applicable federal, state and local laws regarding nondiscrimination. We provide equal opportunities to all employees and applicants for employment without regard to race, creed, color, religion, sex, gender identity or expression, sexual orientation, marital status, national origin, citizenship status, age, veteran status, disability, genetic information, pregnancy, childbirth or related medical conditions or any other status protected under applicable federal, state or local law