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Wisconsin Women's Business Initiative Corporation
Milwaukee, WI | Full Time
$50k-68k (estimate)
10 Months Ago
MRA Recruiting Services
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Loan Officer
$50k-68k (estimate)
Full Time | Business Services 10 Months Ago
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Wisconsin Women's Business Initiative Corporation is Hiring a Loan Officer Near Milwaukee, WI

WWBIC is a CDFI organization that has served 72,709 clients since its
inception 35 years ago. Since 1987, we have also loaned more than
$107 million to small business borrowers and helped entrepreneurs create and
retain 18,027 jobs. In 2022 alone WWBIC closed $8,511,667 in small business
loans, the SBA Payment Protection Program (PPP) ($2.7 million), and
Community Block Development Block Grant (CDBG) forgivable loans
($240,000) and KIVA loan ($720,000). We remain central to the small business
recovery and restart here in Wisconsin by supporting micro and small
businesses in our local communities and throughout the state – those creating
jobs and employment while providing needed products and services.

We are currently recruiting for an individual to support our mission in the

following capacity.

Loan Officer – Milwaukee, WI

The Loan Officer has the responsibility to produce approved, closed, and

disbursed loans up to $350,000, including the SBA microloan program, vairous

block Grant loan programs as well as the SBA 7a Community Advantage Loan

Program. This position is a State-wide business lending position; however,

focuses on the Racine/Kenosha/Walworth County targeted community

development areas which are critical to the success of serving WWBIC’s

South-Eastern WI markets. Core responsibilities include: identify, analyze,

underwrite and close business loan applications, develop and foster key

relationships to ensure collaborative partnerships with area financial

institutions and other sources for loan referrals, maintain a presence in the

community to facilitate loan production, represent WWBIC at community and

professional functions, conferences and meetings and maintain on going loan

client contact.

This position requires a genuine desire to work with business owners of diverse

ethnic and socio-economic backgrounds. Bachelor’s degree is required. At least

5 years solid work experience in business banking, mortgage loan officer, and/
or underwriting, strong analytical and organization skills, the ability to

multitask and meet deadlines and strong communication skills are required.

Must have valid drivers license and proof of insurance as position requires

local travel. Experience in small business financing or community development

lending is preferred. SBA 7a loan origination experience is a plus.

Salary: $59,123 - $73,903

To apply, please email a letter of application, resume & salary requirements to

jobs@wwbic.com

An Equal Opportunity/Affirmative Action Employer

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$50k-68k (estimate)

POST DATE

07/21/2023

EXPIRATION DATE

05/26/2024

WEBSITE

wwbic.org

HEADQUARTERS

Milwaukee, WI

SIZE

<25

INDUSTRY

Business Services

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The following is the career advancement route for Loan Officer positions, which can be used as a reference in future career path planning. As a Loan Officer, it can be promoted into senior positions as a Mortgage Loan Officer III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Officer. You can explore the career advancement for a Loan Officer below and select your interested title to get hiring information.

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