What are the responsibilities and job description for the Franchise Finance Liaison position at The Goddard School?
Come join our Goddard Systems, LLC (GSL) corporate team! We are a great place to work and offer many employee-friendly perks and benefits. GSL is the manager of the Goddard School franchise system that supports over 650 schools which delivers a high-quality, play-based learning program to families all over the United States. Our successful franchise business model supports franchisees through partnerships with teams of seasoned professionals who draw over 30 years of business, marketing, IT, franchise, finance, and education experience. Because of this, The Goddard School has grown into an institution that parents and families trust, reaching more than 80,000 students in 38 states – and growing.
Position Summary
The Finance Liaison assists potential and current franchisees/borrowers with their financial needs, to obtain adequate funding, and functions as a liaison between franchisees and lenders. This position is similar to a loan officer, as they both work to ensure loans are in compliance with applicable laws and regulations and make sure timeframes are met. They stay abreast of new lending products to better meet the borrower’s needs.
Responsibilities
- Act as liaison between franchisee and lender, answer financial questions and provide assistance and communication throughout the process
- Evaluate and review borrower’s financial information and assist to find a loan structure and lender that’s right for them
- Explain lending requirements, ensure they can be met and review any deficiencies
- Prepare cost sheets, review lending documents, such as proposal letters, commitment letters, loan structures and closing information for each borrower
- Be familiar with Personal Financial Statements needed for internal Underwriting
- Maintain relationships with Preferred Lenders and develop new ones
- Make sure time commitments are met for loan approvals and closings
- Work closely with lender’s construction and loan closing departments
- Work closely with internal departments and communicate as needed
- Assist the Finance Director with tasks needed
- Update Finance reports, tracking and any departmental responsibilities as needed
Experience and Competencies
Minimum Requirements
- At least 1 year of experience in SBA, Commercial lending or general SBA knowledge
- At least 1 year of experience in lending forms, documents and loan approvals
- Proficiency with Microsoft Office Suite; required
- Customer service, organization, communication and time management skills; required
Highly Desired
- Experience in franchising preferred
There will be periodic requirements to travel for in-person events, at the discretion of your manager or the requirement of the company.
