What are the responsibilities and job description for the Portfolio Analyst position at Pursuit (formerly New York Business Development...?
Mission
Empowering businesses in all communities by providing access to responsible capital and resources.
Vision
To create a more inclusive economy by ensuring every business owner has a path to success.
Core Values
Strengthen communities through collaboration.
Leading with transparency and authenticity
Celebrating diversity and embracing our differences
Engaging on a personal level
Who We Are
Pursuit is a community-focused lender that provides small businesses with affordable loans and resources so that they can reach higher, transform, and grow. That transformation may start with an individual borrower, but ultimately extends into the broader community, taking shape as new employment opportunities, economic development, and positive change.
What We Do
For more than 65 years, we have been 100% invested in the success of our clients. Pursuit offers a suite of innovative financing products designed to expand access to capital for small businesses. Our range of loans and lines of credit range from $10,000 to $5.5 million for businesses ready to make their next big investment. We have designed our application processes and loan terms with more flexibility than traditional banks. Our signature loan programs include commercial real estate financing, general business funding, and fast business funding through a digital platform. We leverage deep, long-term relationships with banks and community partners to serve clients in New York, New Jersey, and Pennsylvania.
About the Job
We seek to hire a Portfolio Analyst in our Albany, NY office. The Portfolio Analyst is responsible for working with existing clients on modifications needed throughout the term of the loan. The analyst will identify the request and provide solutions to the client that are allowed within the loan program guidelines. The analyst will use their analytical skills to review financial statements, work with different departments within the organization to ensure borrower remains in compliance with policies, document the changes, and provide a written summary to Senior Management with their recommendations.
Position Specifications:
- Bachelor’s Degree required.
- Strong verbal and written communication skills
- Candidates must be detail oriented and be able to multi-task in a fast-paced environment.
- SBA loan experience preferred.
- Commercial underwriting experience required.
- Prior banking experience desired.
· Final candidate must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.
· Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.
How to Apply
Please submit a cover letter and resume to HRTeam@pursuitlending.com or complete an Employment Application https://pursuit-hr.formstack.com/forms/employment_application
We will consider and provide training for veterans interested in an administrative career provided that the applicant has completed at least two years of college with an accredited institution.
What We Offer
A collaborative environment of mission-focused professionals dedicated to helping communities and economies grow through business lending. We seek individuals who want to blend a career in financial services with a career serving others. Pursuit extends its employees competitive salaries and a range of benefits including, including but to:
· Health Insurance, generous employer premium contribution
· Fully paid Dental, Vision, and Life Insurance
· Generous 401(k) match
· Flexible spending account
· Holiday and Paid Time Off
· Paid Parental Leave
· Volunteer Time Off
· Referral Program
· Educational assistance after two years of employment
· Mentorship Program
· Summer work hours
How We Help
We believe that when local businesses thrive, they provide good, stable jobs, recycling the money they spend back into the community to help it grow. Our loans are offered with affordable rates to ensure that our clients can continue growing and positively impacting their neighborhoods. While compelling founders’ stories are what drive us every day, we are proud to work with small businesses at scale:
$4 billion lent, $1.2 billion in the last 5 years
$2 billion portfolio of small business loans
70,000 jobs created.
10,000 loans to small businesses
10,000 hours of advisory and educational services
The estimated salary range for this position is $48,000 – $70,000.
The salary range may be inclusive of several levels that would be applicable to the position. Final salary will be based on a number of factors, including level, relevant prior experience, skills and expertise. This range is only inclusive of base salary, not benefits. Additional benefits information above.
We are an Equal Opportunity Employer and comply with all applicable federal, state, and local laws regarding nondiscrimination.
Job Type: Full-time
Pay: $48,000.00 - $70,000.00 per year
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Paid time off
- Parental leave
- Vision insurance
- Volunteer time off
Schedule:
- 8 hour shift
Work Location: In person
Salary : $48,000 - $70,000
