What are the responsibilities and job description for the Development Loan Officer - Southeastern Oklahoma position at Development Capital Networks?
Join Development Capital Networks as a Full-Time Development Loan Officer serving the Choctaw Nation of Oklahoma and other Native American tribes implementing programs that support loans for small businesses. Immerse yourself in a once in a generation opportunity to spur small business growth and development. If you are passionate about making a meaningful impact, especially for Tribal Nations, their Citizens, and small businesses, this role is tailor-made for you.
This is your chance to apply your degree and experience in lending or economic development as a part of a dynamic team implementing an important Federal program. You will foster relationships with our tribal clients in Southern Oklahoma and commercial lenders across the State.
The salary for this position is competitive and reflective of your experience. You will have benefits such as Medical, Dental, Vision, Life Insurance, Health Savings Account, Paid Time Off, and Simple IRA. Enjoy work-from-home or local co-work space flexibility, allowing you to achieve a satisfying work-life balance while building a strong lending network throughout Oklahoma.
Your role as a Development Loan Officer
At Development Capital Networks (DCN), we are driven by a mission to foster economic development through innovative financial solutions. As Fund Administrators, we are responsible for implementing programs funded by the U.S. Treasury's State Small Business Credit Initiative (SSBCI), on behalf of the Choctaw Nation of Oklahoma and four other Native American tribes. Our role is managing credit support programs to enable private sector lenders to make loans that would otherwise not be possible. In this role, you will engage actively with local lenders through both in-person visits and virtual discussions, marketing credit programs and building relationships.
Your responsibilities will include analyzing transactions, ensuring compliance with SSBCI criteria, and preparing comprehensive reports for quarterly client advisory meetings. Additionally, you will manage loan records, address payment issues, and become an expert on our funding programs.
Representing DCN at local and statewide events will further enhance your role, allowing you to build strong relationships and contribute to the credit support programs' overall success.
Are you the Development Loan Officer we're looking for?
To excel as a Full-Time Development Loan Officer at Development Capital Networks, you'll need a robust set of skills that are essential for navigating the complexities of commercial lending.
The ideal candidate will have an understanding of Tribal governance, culture, and values. A working knowledge of federal laws, regulations, policies, and guidance governing business lending will be crucial in ensuring compliance and successful transaction processing. Your experience with Commercial Lending Guidelines will empower you to conduct effective credit analysis and assess financial statements adeptly. Familiarity with standard business lending programs, including term loans, operating lines of credit, and construction loans, is necessary for evaluating diverse financing options. Additionally, a comprehensive understanding of all phases of business lending-including the packaging and review of credit applications, as well as monitoring distributions and annual loan reviews-will enhance your effectiveness.
Strong communication skills will enable you to effectively present information, respond to inquiries, and foster relationships with managers, clients, and stakeholders.
Ready to join our team?
We're looking for talented individuals like you to join our team and help us achieve our goals. If you're passionate, driven, and committed to making a difference, we want to hear from you! Don't wait - apply now and take the first step towards a fulfilling career with endless possibilities. Let's work together to make great things happen!
