Loan Officer – Small Business

Entrepreneur Works
Position Details
Opening Date: 
Mon, 08/28/2017
Program Summary: 

Entrepreneur Works Fund is a non-profit, certified Community Development Financial Institution (CDFI) focused on growing small businesses and creating jobs in the Philadelphia metropolitan area. Our mission is to cultivate and promote successful entrepreneurs among underserved populations and in underserved areas of the region – entrepreneurs who then become economic engines in their own communities.

Our loan portfolio provides affordable microloans between $500 and $50,000 to entrepreneurs who might otherwise be unable to secure capital from a traditional bank. We have no minimum credit score and can be flexible around collateral as well as the age and revenue of the business. By connecting hundreds of entrepreneurs each year with access to capital, one-on-one technical assistance, business training and networking opportunities, Entrepreneur Works Fund helps promising individuals develop economic self-sufficiency and create job opportunities through business ownership.


For more information, please visit

Position Summary: 

The Loan Officer - Small Business will play a key role in managing the growth, strategy and risk of Entrepreneur Works’ small business loan portfolio.


Entrepreneur Works is currently focused on expanding the small business loan portfolio and developing new, competitive products that are relevant to the populations that the organization serves. The Loan Officer - Small Business will be at the forefront of this effort -- building community partnerships, originating and underwriting loans, designing new products, and bringing efficiency to department operations. This person will also help to direct and streamline the loan administration process.

Reports To: 
President; Managing Director
Salary & Benefits: 
Salary commensurate with experience, plus full benefits package.
Key Duties & Responsibilities: 


Portfolio Strategy

  • Responsible for the development and implementation of annual loan production goals in accordance with organization’s strategic and annual operating plans
  • Monitors and conducts research on relevant regulatory and public policy issues
  • Identifies, develops and implements new financial products to serve the market
  • Updates and/or proposes new departmental policies and procedures when necessary
  • Works closely with the senior management team to prepare proposals for the funding and financing of operations and the loan fund for current needs and anticipated growth


New Business Development and Community Outreach

  • Direct marketing and outreach to prospective borrowers
  • Represents organization and makes presentations at community events and conferences
  • Cultivates relationships and builds referral networks with banks, local government agencies, community organizations, and other financial intermediaries
  • Loan Origination
  • Loan applicant intake, underwriting and analysis
  • Identifies business assistance needs of loan applicant
  • Prepares and presents loan packages for loan committee


Risk Management & Reporting

  • Develops reports and analyses of portfolio performance for senior management, loan committee, funders and the board
  • Ensures that data collection, reporting and filing systems meet organization’s reporting needs and comply with all contract, funder and audit requirements
  • Coordinates on-going technical assistance to borrowers to optimize the repayment of loans
  • Supervises loan repayment, delinquency management, collections, problem loans and workouts within established policies and performance standards
Education, Knowledge, Skills & Abilities: 



  • Bachelor’s Degree
  • Strong financial analysis skills
  • Superior writing, verbal, presentation and interpersonal skills
  • Experience working (or volunteering) with diverse and underserved populations
  • Experience managing other employees and/or projects with limited supervision
  • Proficiency in Microsoft applications (Word, Excel and Power Point)



  • Lending experience (especially small business or microfinance related)
  • Experience working/volunteering for a non-profit organization
  • Experience with relational database applications (SQL)
Contact Info
Contact Info: 
Please email a cover letter and resume with salary requirements to Leslie Benoliel, President and CEO ( with “Loan Officer - Small Business” in the Subject Line. No phone calls, please.