Growth Partners Arizona is hiring a Loan Program Manager who will report to the Executive Director. The Loan Program Manager is responsible for building community relationships and sourcing new loans across the state of Arizona to meet established lending goals. Responsibilities include underwriting loans and obtaining credit approvals, assisting with loan documentation and closing, coordinating technical assistance efforts, and conducting ongoing client and portfolio relationship management.

Growth Partners Arizona’s first loans were made in 2014 and focused exclusively on nonprofit organizations in southern Arizona. In March 2020, GPAz launched its small business and Kiva programs, and expanded geographically to the entire state. The loan program provides direct loans up to $200,000 to nonprofits and up to $75,000 to small businesses. The program also includes the Kiva Tucson hub, a platform that assists southern Arizona small businesses and nonprofits with earned income in obtaining online, crowdsourced microloans up to $15,000. Technical assistance for borrowers and non-borrowers is also a part of GPAz’s mission. Currently, the direct loan portfolio is approximately $1 million, nearly 90% of the portfolio is to borrowers in low-moderate income census tracts, and over 80% is to nonprofit organizations.

Organization leadership anticipates significant growth in the reach and impact of the program in the next 5 years. The Loan Program Director will be instrumental to helping design, guide, and oversee program growth.

Duties & Responsibilities

• Oversee lending to GPAz target market of small businesses in economically underserved areas; small businesses that are owned and/or led by women, low-income individuals, and/or people of color; small businesses that serve and/or employ primarily low-income individuals and/or people of color; and nonprofit organizations;
• Provide technical assistance to borrowers and nonborrowers, including coaching through the loan process, establishing development plans for building financial resiliency and sustainability, and referring to other partner technical assistance providers;
• Develop and maintain robust referral networks, and lead sales and marketing efforts to further awareness and advancement of the loan program;
• Respond to inquiries, underwrite applications for credit approval, and assist with documentation and closing;
• Consistently monitor the loan portfolio and maintain meaningful relationships with borrowers;
• Identify loan delinquencies, work with clients to get loans back on track, and assist with collection efforts;
• Report on program activities, performance, and trends to leadership, board members, and funders;
• Travel throughout the state of Arizona to meet with staff, clients, and partners on a regular basis;
• Partner with the Executive Director to develop program strategy, including loan and technical assistance programs, ensure strategy implementation, and assist with program fundraising;
• Partner with the Executive Director to manage program budgeting, loan fund capital management, loan underwriting, and adherence with policy and CDFI Fund requirements;
• Any other job responsibilities assigned by the Executive Director