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Loan Fund Administrator

Shared Capital Cooperative
Saint Paul, MN Full Time
POSTED ON 3/30/2025
AVAILABLE BEFORE 4/27/2025

Loan Fund Administrator – Small mission-driven company, great benefits, great staff

You’re a detail-oriented financial services professional who strives for efficiency. You love databases. Maybe you’ve done some loan closing, or you’ve been a loan or investments administrator, and now you’re looking to put your skills to work making a positive change in the world with a company you feel good about. We offer exceptional benefits and the opportunity to work with a dedicated team of like-minded individuals.

The Company

Shared Capital Cooperative is a $25 million national CDFI loan fund with a successful, 45-year track record of financing consumer, small producer, housing, and worker-owned cooperatives. We’re building a just, equitable, and democratic economy by investing in cooperative enterprises. Shared Capital is democratically owned and governed by more than 300 cooperatives across 36 states. We’re a small and growing company.

The Position

We’re looking for a full-time Loan Fund Administrator. The primary functions of this job are :

  • Create and maintain accurate borrower and investor records.
  • Contribute to efficient and ever-improving lending and investment processes.
  • Provide excellent internal and external customer service.

You’ll be collaborating with our entire team, and you’ll be spending a good amount of time communicating with a diverse universe of borrowers and investors. You’ll become an expert in our loan and investment database system. It’s a fast-paced job with a lot of moving parts.

The yearly salary range for this position is $59,000-$75,000, depending on your qualifications. Remote work is possible. We encourage professional development. We work out of a friendly, accessible, open-plan office.

The Location

Shared Capital is on University Avenue near Highway 280 in St. Paul, Minnesota. We’re bike friendly, and are on the Metro Transit Green Line, and on the 63, 67, and the 87 bus lines.

Why Should You Apply?

  • Great benefits and competitive salary
  • Solid, growing company with 40-year history
  • Professional development opportunities
  • Flexible work schedule, including some remote working opportunities
  • Working for economic democracy and justice
  • Shared Capital Cooperative is an Equal Opportunity Employer

    At Shared Capital, we make employment decisions based on merit, competence, performance, and business needs. We celebrate difference. We’re committed to building a diverse and inclusive organization and recognize the fact that our different cultures, backgrounds, perspectives, and ways of being strengthen our company, as well as our communities. We don’t discriminate on the basis of race, color, creed, religion or belief, national origin, political affiliation, age, marital, civil union or domestic partnership status, disability, public assistance status, prior convictions, personal credit score, past or present military service status, family medical history or genetic information, family or parental status, sexual orientation, gender identity, or gender expression. We desire a diverse pool of applicants and encourage applications from women, people of color, LGBTQIA , and immigrant communities.

    To Apply

    Email a résumé (required) and cover letter (optional) (.doc or .pdf format, please) to jobs@sharedcapital.coop. Visit https : / / sharedcapital.coop / jobs for a link to the full job description

    Salary : $59,000 - $75,000

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