Stock Loan Manager jobs in Toledo, OH
Stock Loan Manager manages the stock loan application process and ensures that all loans are in compliance with federal regulations. Develops new business prospects and maintains existing relationships to increase sales and services. Being a Stock Loan Manager assesses probability of future business when completing a stock loan for another firm. Requires a bachelor's degree in area of specialty. Additionally, Stock Loan Manager typically reports to a director. The Stock Loan Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Stock Loan Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Recently Added Stock Loan Manager jobs
Relationship Manager/Loan Officer II
- Economic and Community Development Institute
-
Toledo, OH
FULL_TIME
-
ECDI is a nonprofit organization, dedicated to serving underserved and underbanked small business owners. Our goal is to assure that every entrepreneur – regardless of where they came from, where they live, their gender or their race – has access to funding and the business mentoring services they need to succeed.We're based in Columbus, with offices in Cleveland, Cincinnati, Akron, Portsmouth, and Toledo. For small business clients in Ohio, Kentucky and Indiana, we serve a one-stop resource center.Our Recruiting Process:
- 20-minute call with recruiter
- 60-minute video call with panel interview
- Job offer
ECDI is looking for a Relationship Manager II for the Toledo, Ohio market.Under the direction of the Director of Lending & Sales (Toledo), the Relationship Manager II is responsible for sourcing new clients, as well as interfacing with existing clients. This position will offer counseling and solution support to small business owners and entrepreneurs who seek funding for small business projects. A Relationship Manager II will conduct outreach to develop new lending opportunities within their market area and work with their established relationships to develop interest in ECDI lending and programs. This position supports all of ECDI and its Client Services.This position is a hybrid role that will split time in-office and in-person with clients with the flexibility to work from home part of the time, as determined by manager and business needs. This role requires approximately 50% local travel to meet with clients and ECDI partners, with occasional travel to other events and sites in Ohio.The starting annual salary range for this position is $65,000-80,000. Candidates for this position must be located in the Toledo, Ohio area.Responsibilities:Before the Loan Process:- Work with clients to gather and synthesize information pertinent to approving and funding a commercial loan application such as business plans, financial statements, credit data, etc.
- Gather data necessary to complete application package and source documents for credit analysis of all loan applicants.
- Provide and document technical assistance to applicants while reviewing the application materials and supporting documentation as well as helping the credit team prepare the credit memorandum.
- Initiate contact with prospective loan applicants to determine if loan qualification standards are met.
- Develop and maintain referral sources of prospective small businesses located within target communities and in need of financing.
- Work with community partners, centers of influence, funding partners, and other small business ecosystem key stakeholders to expand ECDI’s presence and brand awareness in the market.
- Expand ECDI’s network throughout Lucas and surrounding counties.
During the Loan Process:- Coordinate with the underwriting and processing teams to prepare necessary reporting information (such as the request or need for credit, feasibility, and viability of success of the business, capacity to repay the loan, the degree of risk involved in extending the loan) and provide recommendations.
- Negotiate any remaining loan structuring elements.
- Prepare loan package for funding.
- Prepare and deliver a commitment letter to the applicant.
- Package the loan documents per the loan closing checklist once the commitment letter is signed and all required documents are received.
- Complete the loan closing process with borrowers.
After the Loan Process:- Provide continued support to clients by supporting their post loan requests and conducting technical assistance on an ongoing basis.
- Assist in portfolio management with servicing issues and borrower relationships during the entire life of the loan, including but not limited to collections, modifications of collateral, site visits, and annual reviews.
- Responsible for meeting individual loan production goals established by the V.P. of Lending.
Other:- Ensure excellence in customer service externally and internally.
- May be asked to attend non-work hours events or meetings as it relates to engaging and representing ECDI’s mission, cultivating community partners, and promoting lending activities.
- Record notes and data entry into CRM system, including pre- and post-loan tracking, technical assistance provided, collections, and other notes about client relationships.
- Maintain a thorough working knowledge of and adheres to all ECDI policies and procedures.
- Perform other related activities, as required, to assure program/department success.
Minimum Qualifications:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements below are representative of the knowledge, skills, and/or abilities required.Knowledge, Skills and Abilities:- Comprehensive knowledge of standard office practices, procedures, equipment, and techniques.
- Excellent business development, outreach and strong client follow-up skills.
- Must be able to engage in a professional manner with potential borrowers, existing borrowers, and community partners.
- Strong financial and business accounting skills.
- Familiarity with specific market area preferred.
- Has a broad knowledge and understanding of how a small business operates.
- Computer Skills - Experience with and knowledge of computer operation; knowledge of Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, etc.).
- Ability to build and maintain business relationships with clients.
- Familiarity with CRM software and/or Salesforce preferred.
- Must have a developed network of centers of influence, community partners, and referral partners.
Education and/or Experience:- Associate degree in business, finance, or a related field.
- 3-5 years of lending experience with small businesses.
- Strong Experience in lending or credit training.
- Experience with coaching/counseling a business, providing technical assistance, and/or business support.
- Prior related experience in the non-profit and/or public sector preferred.
- Experience with SBA loans and/or more complex commercial loans which fund business acquisitions and purchase of commercial real estate.
Special Requirements:- This role requires approximately 50% local travel to meet with clients and ECDI partners, with occasional travel to other events and sites in Ohio.
Other:- This position is a hybrid role that will split time in-office and in-person with clients with the flexibility to work from home part of the time, as determined by manager and business needs.
- Must have access to transportation in order to travel to and from the office and to meet with clients.
- Typically, the employee must be able to remain in a stationary position 50% or more of the time. The person in this position will occasionally move about inside the office to access file cabinets, office machinery, etc., and operate a computer and other office productivity machinery such as a copy machine and computer printer.
- Positions self to move items up to 15 pounds, such as printer paper boxes across the office as needed.
- Must avoid risks found in the typical office setting, which is adequately lighted, heated, and ventilated, e.g., safe use of office equipment, avoiding trips and falls, observing fire regulations, etc.
- Requests for reasonable accommodation will be considered.
BenefitsECDI offers a holistic benefits package that reflects how much we value our employees. Benefits include:- Healthcare (including qualified dependents)
- Health Reimbursement Arrangement (HRA)
- Dental Coverage
- Vision Coverage
- Pet Benefits
- Life Insurance, STD, LTD
- 401(k) Plan
- Educational assistance program
- A generous time off package
- Take your Birthday off - Its paid!
- Hybrid Environment (during business hours)
ECDI is a Public Service Loan Forgiveness (PSLF) qualified employer.Commitment to Diversity and InclusionAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. We are committed to attracting and retaining diverse talent while providing learning and professional advancement opportunities for our employees. We strive to advance our mission and bring equitable opportunity to all those we serve and employ.The Economic and Community Development Institute is an Affirmative Action Employer and members of underrepresented communities and demographics are particularly encouraged to apply, including women, people of color, LGBTQ and people with disabilities.Hybrid remote/in-office#LI-Hybrid
- 2 Days Ago
Stock Associate
- ABC Warehouse
-
Sylvania, OH
PART_TIME
- THE DEALS ARE IN THE HOUSE… so why not work where the action is?! ABC Warehouse is growing our team at our Sylvania, Ohio, location and is presently seeking reliable, self-motivated, and service-drive...
- 9 Days Ago
Stock Associate
- Hi-Lite Fresh Market
-
Monroe, MI
PART_TIME
- About usHi-Lite Fresh Market-Voted Best Grocery Store in Monroe 5 years in a row!A great place to work and shop!Our PM Grocery Clerks (or PM Stockers) ensure proper presentation of products on store s...
- 2 Months Ago
Grocery Stock Associate
- Walt Churchill's Market
-
Perrysburg, OH
FULL_TIME
- DescriptionWalt Churchill’s Market is looking for a Part-Time Grocery Stock Associate for our Perrysburg, OH location.If you LOVE great food, deliver consistent QUALITY, RESPECT your co-workers, CARE ...
- 5 Days Ago
Stock Inventory Warehouse Assistant
- American Red Cross
-
Toledo, OH
FULL_TIME
- WHY CHOOSE US? As one of the nation’s premier humanitarian organizations, the American Red Cross is dedicated to helping people in need throughout the United States and, in association with other Red ...
- Just Posted
Sales Associate/Stock
- Rainbow
-
Toledo, OH
FULL_TIME
- Rainbow USA is recognized as one of the fastest growing junior, kids, plus, and petite, specialty apparel retail chains and has grown to over 1,000 retail stores! We have multiple retail lines that pr...
- 3 Days Ago
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0 Stock Loan Manager jobs found in Toledo, OH area
Grocery Inventory Coordinator
- Meijer, Inc.
-
Rossford, OH
- As a family company, we serve people and communities. When you work at Meijer, you're provided with career and community...
- 5/12/2024 12:00:00 AM
Purchasing Agent
- McElheney Locksmiths, Inc.
-
Toledo, OH
- We are looking for a purchasing agent to manage our warehouse. Our warehouse holds over 20,000 line items and supports b...
- 5/12/2024 12:00:00 AM
Supply Chain Operations Associate
- Ryder System
-
Toledo, OH
- Job Seekers can review the Job Applicant Privacy Policy by clicking HERE. (https://ryder.com/job-applicant-privacy-polic...
- 5/11/2024 12:00:00 AM
Operations Logistics Manager
- Ryder System
-
Toledo, OH
- Job Seekers can review the Job Applicant Privacy Policy by clicking HERE. (https://ryder.com/job-applicant-privacy-polic...
- 5/11/2024 12:00:00 AM
Merchandising Allocator (Hybrid)
- La-Z-Boy
-
Monroe, MI
- Comfort starts with our 13,000+ team members across the globe, who are transforming the power of comfort every day. Our ...
- 5/11/2024 12:00:00 AM
Delivery Driver- CDL-A or B
- Heidelberg Distributing Company
-
Toledo, OH
- QUALIFICATIONS AND REQUIREMENTS JOB TITLE Delivery Driver REPORTS TO Operations Manager COMPANY OVERVIEW Heidelberg Dist...
- 5/11/2024 12:00:00 AM
Plant Logistics Supervisor (Night Shift)
- Faurecia
-
Toledo, OH
- Description : The role of a PC&L Supervisor is to manage the production performance, personnel issues and the Health, Sa...
- 5/11/2024 12:00:00 AM
Yard Operative
- Yoder and Frey Auctioneers
-
North Baltimore, OH
- Job Description Job Description Job Title: Yard Operative Reporting To: Yard Manager Location: 2384 Grant Road, North Ba...
- 5/9/2024 12:00:00 AM
About Toledo, Ohio
Toledo (/təˈliːdoʊ/) is a city in and the county seat of Lucas County, Ohio, United States. Toledo is in northwest Ohio, at the western end of Lake Erie bordering the state of Michigan. The city was founded in 1833 on the west bank of the Maumee River, and originally incorporated as part of Monroe County, Michigan Territory. It was re-founded in 1837, after conclusion of the Toledo War, when it was incorporated in Ohio.
After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Stock Loan Manager jobs
$62,650 to $101,644
Toledo, Ohio area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
What does a Stock Loan Manager do?
Stock Loan Manager in Gulfport, MS
A secured loan is deemed as a convertible loan providing the loan stock can be turned into common shares according to pre-established stipulations along with a specified conversion rate.
November 30, 2019
Stock Loan Manager in Colorado Springs, CO
SMART/Track for Stock Loan Recalls provides a central communications hub for the transmission of stock loan recall messages between counterparties.
January 08, 2020
Stock Loan Manager in Cleveland, OH
The overall spread on general collateral stocks (the easiest and cheapest to borrow securities) is very thin and each link in the stock borrow chain receives only a handful of basis points for their part in the transaction.
January 01, 2020