Business Loan Officer (#RB0600)
$34.50-$41.94 Hourly / $5,980.27-$7,269.05 Monthly / $71,763.27-$87,228.70 Yearly

Under general supervision, develops and prepares analysis of loan requests from new and expanding businesses for presentation to the Revolving Loan Fund Board in the Employment and Economic Development Department; and does related or other work as require in accordance with Rule 3, Section 3 of the Civil Service Rules.

This is a single position class in the Employment and Economic Development Department. The incumbent of this position will work with loan applicants of new or expanding businesses. Direction is received from the Business Loan Manager of the Employment and Economic Development Department, however the incumbent of this class is expected to perform the required duties with a great deal of independence.

• Interviews loan applicants to determine program eligibility of loan request under Economic Development Agency and Revolving Loan Fund criteria.
• Collects and analyzes financial statements, tax returns, credit reports and other pertinent data to determine credit worthiness and level of credit risk associated with specific loan request.
• Prepares loan analysis and makes funding recommendation to the Revolving Loan Fund Board for funding consideration; creates commercial loan documents and coordinates loan closings with borrowers and legal counsel when necessary.
• Collects and analyzes real and personal property appraisals and other data and documentation to determine the value, condition, and acceptability of proposed collateral; may inspect real property to assess level of collateral risk.
• Services and monitors loan repayment activities of Revolving Loan Fund recipients and keeps loan documentation current.
• Contacts prospective loan applicants and explains the requirements for obtaining financing through San Joaquin County.
• Assists in coordinating activities with legal counsel regarding collection, foreclosure, and/or liquidation activities.
• Balances financial data and prepares loan status reports for the Executive Director, EEDD Economic Development Director, Business Loan Manager, Revolving Loan Fund Board, Board of Supervisors, Economic Development Administration and others as required.
• Makes presentations on financing to the business community and others involved in economic development; assists in the development and execution of a strategic marketing plan for the financing programs of the department.

Education: Graduation from an accredited four-year college or university with a major in business administration, public administration, economics, or closely related field.

Experience: Two years of experience in commercial banking, economic development or business loan administration, which includes underwriting and structuring loans to small and mid-sized businesses.

Substitution: Additional-qualifying experience may be substituted for the required education on a year-for-year basis.

Certification: Economic Development Finance Professional Certification is desirable.

License: Possession of a valid California driver's license.

Principles and practices of lending to small and mid-sized businesses; financial statement analysis; general accounting principles; presentation techniques; data analysis and report writing techniques; basic computer and modern office automation technology, including pertinent software. 

Analyze financial statements; prepare complete written loan analysis; communicate effectively, both orally and in writing; interpret and apply pertinent rules, regulations and procedures; operate computers and related software; establish and maintain effective working relationships, internal and external to the County.

Mobility-Frequent operation of data entry device; driving; constant sitting for extended periods; occasional standing for long periods; walking and climbing stairs; Lifting-Occasionally lift 30 pounds or less; Vision-Constant reading and close-up work and good overall vision; frequent eye/hand coordination; occasional color/depth perception and peripheral vision; Dexterity-Frequent holding, grasping and writing; occasional reaching and repetitive motion;; Hearing/Talking-Constant hearing normal speech, talking in person and on the telephone; occasional hearing faint sounds; Emotional/Psychological-Frequent public contact, decision making and concentration; frequent working alone; Special Requirements-May occasionally work weekends/nights; may be required to travel; Environmental-Occasional exposure to noise.

San Joaquin County complies with the Americans with Disabilities Act (ADA) and, upon request, will consider reasonable accommodations to enable individuals with disabilities to perform essential job functions.