Pursuit is a community-focused lender that provides small businesses with affordable loans and resources so that they can reach higher, transform and grow. That transformation may start with an individual borrower, but ultimately extends into the broader community, taking shape as new employment opportunities, economic development and positive change.
For more than 70 years, we have been 100% invested in the success of our clients. Pursuit offers a suite of innovative financing products designed to expand access to capital for small businesses. Our range of loans and lines of credit range from $10,000 to $5.5 million for businesses ready to make their next big investment. We have designed our application processes and loan terms with more flexibility than traditional banks. Our signature loan programs include commercial real estate financing, general business funding, and fast business funding through a digital platform. We leverage deep, long-term relationships with banks and community partners to serve clients in Connecticut, New York, New Jersey and Pennsylvania.
A collaborative environment of mission-focused professionals dedicated to helping communities and economies grow through business lending. We seek individuals who want to blend a career in financial services with a career serving others. Pursuit extends its employees competitive salaries and a range of benefits including, including but not limited to:
- Health Insurance, generous employer premium contribution
- Fully paid Dental, Vision and Life Insurance
- Generous 401(k) match
- Flexible spending account
- Holiday and Paid Time Off
- Volunteer Time Off
- Paid Parental Leave
- Referral Program Bonus
- Educational assistance after two years of employment
- Mentorship Program
- Summer work hours
We believe that when local businesses thrive, they provide good, stable jobs, recycling the money they spend back into the community to help it grow. Our loans are offered with affordable rates to ensure that our clients can continue growing and positively impacting their neighborhoods. While compelling founders’ stories are what drive us every day, we are proud to work with small businesses at scale:
- $4+ billion lent, $1.2 billion in the last 5 years
- $2 billion portfolio of small business loans
- 70,000+ jobs created
- 10,000+ loans to small businesses
- 10,000+ hours of advisory and educational services
We are an Equal Opportunity Employer and comply with all applicable federal, state and local laws regarding nondiscrimination.
To apply for an open role, please email a resume and cover letter to [email protected]. For general employment inquiries please contact Toniann Datello, human resources director, at [email protected].
Modification Loan Processor
Location: Latham, NY
Job Type: Employee – Full Time
About the Job:
The position of Modification Loan Processor will require direct client contact and will be a valuable member of the support team for the Servicing and Modification Departments. The candidate should have a thorough understanding of what is necessary from an underwriting standpoint on commercial loan requests.
What You’ll Do:
- Handle the current pipeline of modification requests to ensure timely communication and updates to all parties involved.
- Monitor account status of loans, including but not limited to Past Due Accounts, Maturing Loans and Deferment Requests.
- Review Commercial Loan Documentation to ensure compliance with internal policies, and SBA rules and regulations.
- Interact with customers in a timely manner regarding new modification requests and documentation requirements.
- Excellent written and verbal communication skills.
- The ability to remain calm and patient during stressful situations.
- Ability to work under pressure, deadlines, and have excellent time management skills.
- Experienced in borrower problem solving relative to modification requests.
- Candidates should have an understanding of personal and business financial documents.
Other Responsibilities:
- Review insurance certificates for compliance with SBA and Pursuit policies and procedures.
- Ensure compliance with uploading file documents in accordance with completion of Quality Assurance Reviews.
- Compile and review internal and external documents for standby debt and life insurance requirements.
What You’ll Bring:
We’re looking for a detail-oriented Modification Loan Processor with strong interpersonal skills who checks most of these boxes:
- Education: Associate degree in a related field, required.
- 2 years of commercial banking experience.
- Prior experience working in a customer service environment and managing customer expectations on an ongoing basis.
- Able to multi-task and meet frequent deadlines.
- Consistently produce high-quality work.
- Other duties as assigned.
- Final candidates must be able to pass all pre-employment screenings, including background, criminal and credit check, and drug testing.
- Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.
Additional Information:
We will give consideration to and provide training for veterans interested in a career in finance/ banking provided that the applicant has completed at least two years of college with an accredited institution.
Final candidates must pass all pre-employment screenings, including background check, and drug screening.
Based on our compensation benchmarking survey, the estimated salary range for this position is $42,000 – $74, 500 and is commensurate with education and experience.
We are an Equal Opportunity Employer and comply with all applicable federal, state and local laws regarding nondiscrimination. We provide equal opportunities to all employees and applicants for employment without regard to race, creed, color, religion, sex, gender identity or expression, sexual orientation, marital status, national origin, citizenship status, age, veteran status, disability, genetic information, pregnancy, childbirth or related medical conditions or any other status protected under applicable federal, state or local law.
