Pacific Community Ventures

Credit Analyst Small Business Lending

Position Type: Full Time
Location: Oakland, CA (PCV hybrid with periodic in-office meetings)
Reports to: Associate Director of Lending
Salary: $65,000-$75,000, commensurate with experience; with generous benefits

  • 15 Paid Holidays
  • 20 PTO/SICK
  • Employer paid benefits (dental, medical, vision)
  • 403B Retirement match
  • FSA
  • Annual Performance bonus

Are you a driven individual who is passionate about building a more equitable society and have SBA Microlending experience?  If so, please consider joining Pacific Community Ventures as our Credit Analyst. As a mission-driven lender, we invest in diverse small businesses across the state of California to help them grow and strengthen their practices. You’ll work with our team to underwrite and monitor the organization’s growing portfolio of loans for California small businesses, focused on expanding access to capital and advising for Black and Brown entrepreneurs.

Who We Are
PCV is a 25-year-old 501(c)(3) nonprofit community investor that envisions a world of thriving communities where everyone has a fair shake. Our mission is to invest in addressing racial and gender wealth gaps, and build community wealth by investing in small businesses, helping them create good jobs for working people, and make markets work for the common good. We achieve our mission through a “Good Jobs, Good Business” model that combines affordable loans with pro-bono advising, small grants, and tools and incentives to create dignified good jobs. In 2023, 95% of PCV’s loan capital supported women and/or BIPOC-owned businesses, and 77% supported small businesses located in economically distressed areas.

Why You’re Needed
We’re a dynamic nonprofit organization with a growing Loan Fund that supports more and more small businesses with loans and pro bono mentoring, creating good jobs in low-and-moderate income communities. With our expansion, we are adding loan support software and streamlining our processes and procedures to reach entrepreneurs more efficiently. You will be a dedicated teammate with strong analytical, writing, and interpersonal skills who is passionate about investing in underserved communities.

This position will report to the Associate Director of Lending. This is a wonderful opportunity for a quick learner who wants to gain experience in the fields of small business lending and community development. 

Specific Responsibilities:
Provide support to inform lending decisions and manage the loan portfolio, including:

  • Assist in launching PCV’s SBA microloan product
  • Be a primary source of contact for applicants, borrowers and referring partner organizations
  • Collect due diligence items from potential borrowers, run credit checks, perform financial analysis, prepare credit memoranda and supporting materials
  • Discuss the viability of credit packages with the lending team and make recommendations
  • Monitor borrower performance and compliance with reporting and other requirements
  • Maintain electronic credit files in audit-ready condition for all borrowers
  • Regularly update all lending software applications used in various portfolio reporting
  • Participate in loan servicing, including loan documentation and closing, payment monitoring, data collection, etc.
  • Support the lending team in process improvements and ad-hoc projects
  • Grow industry knowledge by attending events and developing strong working relationships with clients and partners
  • Miscellaneous duties and responsibilities may be assigned.

Skills and Abilities:

  • Experienced in SBA Microlending
  • Bachelor’s degree with an interest in finance/community development
  • Familiar with QuickBooks, Salesforce, MS Office Suite, with a strong aptitude for learning new computer programs quickly
  • Self-starter willing to take initiative and works well in a team
  • Excellent interpersonal skills and strong ability to multi-task
  • Embody PCV values of coming from a place of “Yes,” having empathy, being transparent, and maintain a sense of humor!
  • Spanish speaker strongly preferred

Computer Software:
Microsoft Office to include Word, PowerPoint, Outlook, Excel, and QuickBooks

  • Tableau and Salesforce a plus

Physical and Mental Requirements:

  • Ability to stand for extended periods of time, walk, talk, hear, use hands to finger, grasp, handle or feel, push, pull, reach, crouch, kneel, crawl or bend, and perform repetitive motions of the hands and/or wrists.
  • High mental and visual attention required for planning difficult work methods and sequences to obtain size, shape, or physical qualities of product. AND/OR Extremely close visual attention such as making delicate adjustments to control high speed operations to exercise very precise muscular control.

Location/Travel:

This position will be based at our headquarters in Oakland and will be mostly remote with occasional office check-ins to support team operations. The role may involve occasional travel to other locations in California.

Compensation:

As an organization committed to creating good jobs, we walk the talk. We provide excellent benefits for full-time employees, including full health, dental, and vision insurance, retirement savings accounts with a generous match which is fully vested immediately, ample paid time off and holidays, as well as meaningful professional development opportunities.

**Disclaimer:**
All requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

  • This job description in no way states or implies that these are the only duties to be performed by the employee(s) occupying this position.
  • Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by their supervisor.
  • The company reserves the right to add to or revise an employee’s job duties at any time at its sole discretion.
  • This document does not create an employment contract, implied or otherwise, other than an “at will” employment relationship.

To Apply

Interested candidates must be legally authorized to work in the United States. They should send a résumé and cover letter via e-mail to rporter@pcvmail.org with the words “Credit Analyst” in the subject line, by December 22, 2024. Start at earliest convenience. No phone calls, please.

PCV is an equal opportunity employer. Applicants are considered for all roles without regard to race, color, religious creed, sex, national origin, citizenship status, age, physical or mental disability, sexual orientation, marital, parental, veteran, or military status, unfavorable military discharge, or any other status protected by applicable federal, state, or local law. We live our values of openness, transparency, coming from a place of yes, collaboration, and more; and believe that justice, equity, diversity, and inclusion are fundamental to our success. We are especially interested in candidates who have direct experience with the communities we serve. For more information on Pacific Community Ventures, please visit www.pacificcommunityventures.org