Small Business Program Manager

Job ID:
Baltimore, MD
Banking, Finance
per year
Zip Code:
Employment Type:
Full time

Job Description:

The Small Business Program Manager is responsible for the
coordination and implementation of the new program to assist new
businesses and job development throughout Baltimore. The
responsibilities include the organization and development of
guidelines that provide loans for otherwise credit worthy
entrepreneurs and businesses, which lack equity or collateral.
These tasks will be completed utilizing existing and third party
micro-lenders, Technical Assistance providers, financial
institutions and other organizations working with potential clients
who may provide the training, origination of loan applications,
business plan development and underwriting. This position will
require identifying potential new lender participants for the loan
The position will also require working with the President and
CEO to identify sources of capital; assemble, evaluate, and report
loan production and portfolio performance; coordinate software
provider oversight; manage the contract servicer; and coordinate
relationship with the loan pool insurer.
This person works directly with all program partners to evaluate
and adjust underwriting standards and incorporate the resulting
product into the software. During the initial six month period,
this person will also review and recommend to a steering committee
the affirmation or denial of loans approved by the originating
lenders after analyzing business plans and credit in conformance to
loan guidelines. This person will also then assist the originating
lenders with closing and deployment of funds. The Manager will work
closely with the President and CEO and the BCL Vice-President in
review and approval of underwriting guidelines.
This Manager will provide technical assistance to prospective
participating partners ensuring adherence to program requirements
for participation as an originator and underwriting partner.
As part of the responsibilities the Manager will all assess
delinquencies, work with the servicer and the originator lender in
loan workouts and modifications as needed.
The Small Business Manager will work with the Vice-President,
and report directly to the President/CEO plus perform such other
duties and responsibilities as assigned by the President/CEO or the
Small Business Review Committee.
The employee must meet performance goals as set by President/CEO
and Board.
Qualifications and Experience:
Minimum undergraduate or college degree with five (5) or more
years' experience
including 1) a verifiable track record of success proactively
networking in pursuit of new business development; 2) lending and
credit analysis experience, preferably in small business lending;
3) work experience in community organizing and/or development is a
plus; 4) demonstrated experience in small business portfolio
management / workout; and 5) strong communication, writing and
proficient computer skills including Microsoft Excel, Word, Power
Point and Outlook. Experience may be substituted for an
undergraduate or college degree based on two years' experience for
every year of higher education.
The ideal candidate is a self-starter with energy and a drive to
make Baltimore stronger.
Compensation is commensurate with experience and qualifications
paid as a salary with benefits. Excellent benefits package
including 40lk plan with match, healthcare, life and disability
insurance and paid annual leave.
Email resumes, salary requirements and cover letter ONLY
to . No
telephone calls or walk-ins.
Company Info
Baltimore Community Lending