Credit Executive II

About the role

Lendistry is an Equal Opportunity/Affirmative Action Employer. We consider applicants without regard to race, color, religion, age, national origin, ancestry, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, veteran status, disability, genetic information, or membership in any other group protected by federal, state, or local law.

Responsibilities

• Review initial loan application packages from Sales to determine eligibility and additional required documentation.
• Structure loan package to fit within minimum requirements of products available.
• Have knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
• Decision loan files (decline, suspend, or submit for approval).
• Run all background checks for business and merchants.
• Review 3rd party reports (Credit report, Business Experian, CAIVRS etc.).
• Set-up calls and discuss file with client (initial interview).
• Review completed file for underwriting. Ensure all information is received prior to underwriting.
• Underwrite the transaction and prepare package for third party approval.
• Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!

Requirements

• Minimum 8+ years of relevant experience and in-depth understanding of SBA, Commercial C&I and real estate financing, and closing, procedures.
• Expert knowledge of SBA Standard Operating Procedures.
• Minimum bachelor’s degree. Finance, accounting, or Business Administration focus is preferred.
• Ability to manage and underwrite complex transactions with limited guidance.
• Strong knowledge of financial services.
• Outstanding communication and relationship management skills.
• Excellent verbal and written communication skills.
• Advanced computer proficiency.
• Ability to travel, work flexible schedules, and cover different locations, if requested.
• Bilingual English-Spanish preferred.
• Attain customer satisfaction.
• Ability to structure and analyze complex commercial credit transactions.
• Excellent verbal and written communication skills.
• Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel.
• Thorough knowledge of accounting principles, financial statement analysis, and banking operations and regulations.
• Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, ability to work independently and as part of a team.
• Strong analytical ability with active listening skills.
• Willingness to adapt to changing business needs and deadlines, including extended work hours.
• Exhibit a professional, business-like appearance and demeanor.

Qualifications

• Minimum 8+ years of relevant experience and in-depth understanding of SBA, Commercial C&I and real estate financing, and closing, procedures.
• Expert knowledge of SBA Standard Operating Procedures.
• Minimum bachelor’s degree. Finance, accounting, or Business Administration focus is preferred.
• Ability to manage and underwrite complex transactions with limited guidance.
• Strong knowledge of financial services.
• Outstanding communication and relationship management skills.
• Excellent verbal and written communication skills.
• Advanced computer proficiency.
• Ability to travel, work flexible schedules, and cover different locations, if requested.
• Bilingual English-Spanish preferred.
• Attain customer satisfaction.
• Ability to structure and analyze complex commercial credit transactions.
• Excellent verbal and written communication skills.
• Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel.
• Thorough knowledge of accounting principles, financial statement analysis, and banking operations and regulations.
• Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, ability to work independently and as part of a team.
• Strong analytical ability with active listening skills.
• Willingness to adapt to changing business needs and deadlines, including extended work hours.
• Exhibit a professional, business-like appearance and demeanor.

Skills

• Knowledge of Business and Personal Tax Returns, Interim Financials, Bank Statements etc.
• Expert knowledge of SBA Standard Operating Procedures.
• Strong knowledge of financial services.
• Outstanding communication and relationship management skills.
• Advanced computer proficiency.
• Ability to manage and underwrite complex transactions with limited guidance.
• Ability to travel, work flexible schedules, and cover different locations, if requested.
• Bilingual English-Spanish preferred.
• Attain customer satisfaction.
• Ability to structure and analyze complex commercial credit transactions.
• Excellent verbal and written communication skills.
• Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel.
• Thorough knowledge of accounting principles, financial statement analysis, and banking operations and regulations.
• Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, ability to work independently and as part of a team.
• Strong analytical ability with active listening skills.
• Willingness to adapt to changing business needs and deadlines, including extended work hours.
• Exhibit a professional, business-like appearance and demeanor.

Benefits

• Comprehensive Medical, Dental, and Vision Insurance
• Generous Paid Time Off
• Birthday Day Off
• 12 Paid Company Holidays
• 401(k) Match
• FSA and HSA
• Paid Life Insurance
• Paid Disability Insurance
• Pet Insurance
• Employee Assistance Program (EAP)
• Professional Development Courses
• In Office Provided Snacks and Drinks
• Gym Facilities (LA & Tustin/CEC Offices)
• In Office Engagement Activities

Pay

The US base salary range for this full-time position is $100,000-$150,000 annually. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process. Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.

Schedule

This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.

Contact Information

If you need assistance or accommodation due to a disability, you may contact us at hr@lendistry.com. Lendistry does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with Lendistry, a Master Services Agreement (MSA) must be executed and confirmed prior to submitting any information relating to a potential candidate. Without a signed MSA, Lendistry shall not be responsible to any individual or entity for any payment relating to any form of fee or compensation.