Loan Servicing/Portfolio Associate
Company: CEDS Finance
Location: Aurora, CO
Job Function: Lending/Loan Operations
Background
CEDS Finance is a nonprofit microlender whose mission it is to support the American Dream of financial self-sufficiency by assisting refugees, immigrants, and those from underserved communities in Metro Denver through access to capital and small business support. We are a team of passionate, high-performing professionals seeking like-minded individuals to join our team.
Summary
The Portfolio Associate supports the portfolio management team and helps small business owners
achieve their financial goals of successful business ownership and growth through loan servicing and
post-loan technical assistance.
Responsibilities
Essential Functions:
• Supports the portfolio management team by receiving and processing manual loan payments,
managing collateral retention and release, and loss payee management.
• Supports loan collection, collateral repossession, and collateral liquidation efforts.
• Performs accurate and timely data entry related to loans.
• Accurately manages all processes related to loan closings, modifications, and paid in full loans.
• Generates accurate loan closing documents and ensures all electronic and paper records are
maintained in good order
• Interacts with borrowers to provide basic technical assistance, receive loan payments, and refer
for in-depth business support when needed
• Serving as an ambassador for CEDS Finance in the community by attending outreach events and
speaking on panels as requested
• Performs other duties as assigned
Requirements
• Bachelor’s degree in Finance, Economics, Accounting, Business Management or a related field.
• Proactive, professional and hardworking with strong organizational and analytical skills.
• Ability to communicate, gain trust, and work with low-income individuals of wide-ranging
cultures.
• Ability to work effectively in a team and operate independently as tasks require.
• Proficiency with MS Office Suite (Word, Excel and PowerPoint). Intermediate Excel skills with the
ability to understand and write basic formulas, develop charts and graphs for presentations, and
summarize large datasets.
• Fluency in Spanish, Arabic, Somali or Oromo highly preferred
• Valid driver license and access to a vehicle is required for the accomplishment of off-site tasks
related to collateral perfection, mailing, and bank deposits.
Compensation and Benefits
Hiring range $52,000 – $63,000 annual salary
Health/Dental/Vision benefits
Flexible Spending Account
Retirement plan with employer match
Paid time off & holidays
How to Apply
Submit your resume AND a cover letter that addresses your qualifications for the position to [email protected] with the text “Loan Servicing Support Position” in the subject line.
Be sure to visit https://www.cedsfinance.org/careers/ to view the full job description