Job Description

BACKGROUND:

Enterprising Latinas, Inc. (ELI) creates economic opportunities for individuals in the Tampa Bay area. As a nonprofit tax-exempt 501(c)3 organization operating since 2014, ELI opens new pathways of economic opportunity in partnership with local, state, and national organizations through the following strategies:

1. CREATING NETWORKS OF MUTUAL SUPPORT that enable individuals to pursue their personal, economic, and family prosperity goals.
2. TEACHING NEW SKILLS and offering tools that lead to economic mobility, workforce opportunities, and entrepreneurship.
3. ADVOCATING FOR INNOVATIVE SOLUTIONS, collaborations, and investments that turn community challenges into economic opportunities to promote economic security and social equity.

ABOUT THE POSITION:

The Loan Manager will be an integral part of the Economic Prosperity Team at Enterprising Latinas, Inc. (ELI), supporting individuals who already have a business as well as aspiring entrepreneurs through the entire cycle of business development, including accessing capital to grow their operations.

The Loan Manager will lead activities to advance and expand access to capital for small businesses. The ideal candidate must be self-directed, able to work in a team environment and with diverse stakeholders, and be fully bilingual (English/Spanish), with experience in micro-lending.

ELI is seeking a seasoned candidate with experience working with micro and small businesses, as well as an understanding of the challenges entrepreneurs face when preparing to launch and/or grow their businesses. Additionally, the candidate must be able to review and develop financial statements (e.g., budgets, cash flow statements, profit and loss statements, and balance sheets) with business owners and assist them through the lending process. This position requires a genuine desire to work with small business owners of diverse ethnic and socio-economic backgrounds.

This is a part-time (25 hours per week) hourly position with the potential to become a full-time role, depending on performance and the availability of funding after the initial probationary period. The successful candidate will possess the required qualifications, have a passion for learning and helping others learn and develop their potential, understand the nature of unequal access to resources and opportunities at the local level, and be committed to contributing to a dynamic and vibrant organization dedicated to economic and social equity.

RESPONSIBILITIES:

• Manage and oversee the daily operations of the loan program, including intake, application processing, underwriting, and disbursement.
• Ensure compliance with all applicable lending policies, procedures, and regulations.
• Provide technical assistance to members seeking financing, including guidance on loan applications, financial documentation, and repayment plans.
• Collaborate with internal departments to align lending activities with broader organizational goals.
• Advance, promote, and market the microloan program across diverse communities to increase awareness and participation.
• Conduct workshops, orientations, and information sessions to describe and promote loan products to potential borrowers and partners.
• Work closely with ELI’s Business Development team to follow up with current members, new applications, and loans in the pipeline.
• Report on and manage loan program data, including tracking progress, analyzing performance metrics, and preparing regular updates for leadership and funders.
• Develop and maintain strong relationships with community partners, lenders, and stakeholders to strengthen program reach and impact.
• Participate in the design and development of loan products and lending policies that align with community needs and market research.
• Monitor repayment performance and assist in loan servicing, including delinquency management and collections.
• Support overall financial empowerment initiatives by connecting members to complementary training, coaching, and business support services.

PREFERRED QUALIFICATIONS:

• A bachelor’s degree in business administration, entrepreneurship, economic development, or a related field.
• 3-5 years of solid work experience in micro-lending, commercial banking, or underwriting.
• Strong communications, analytical, and organizational skills, the ability to multitask, and meet deadlines.
• Demonstrated knowledge, skills, and abilities with business coaching, business planning, financial analysis, budgeting, and navigating through government resources.
• Bilingual abilities in speaking, reading, and writing in both English and Spanish are required.
• Must have appropriate transportation as the position requires local travel.
• Experience in small business financing, CDFI, or community development lending is preferred.
• Knowledge and strategic thinking about entrepreneurship resources and opportunities.
• Analytical abilities to process, understand, and make decisions based on data, and the ability to communicate what the data means to multiple audiences.
• Highly skilled in using computer systems, equipment, and software, including Microsoft Office.

COMPENSATION & BENEFITS:

Compensation is competitive and commensurate with experience. Benefits will be available once the candidate transitions into a permanent position with the organization. Permanent ELI employees receive: Paid individual and family health care coverage; 120 hours of paid annual leave (80 hours of vacation plus 40 hours during the office closure between Christmas and New Year’s Day); 56 hours of paid sick leave; Flexible scheduling to support work-life balance while meeting program deliverables; A collaborative and supportive work environment.

START DATE:

We anticipate that this position will begin as soon as possible.

Enterprising Latinas, Inc. is an equal opportunity employer that seeks to incorporate the best-qualified personnel without regard to race, religion, color, national origin, citizenship, age, sex, marital status, or any other reason prohibited by law.

Job Tags

Hourly pay, Permanent employment, Full time, Part time, Work experience placement, Work at office, Local area, Immediate start, Flexible hours,

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