Special officer - management department

Who We Are

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.

What We Do

For more than 65 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.

What We Offer

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

How We Help

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].

Special Assets Officer- Portfolio Management Department

Location: Latham, NY

Job Type: Employee – Full Time

About the Job:

Pursuit seeks to hire a Special Assets Officer to provide additional support to our Senior Special Assets Officers. The position requires resolution of workout loans through litigation, forbearance, and/or restructured payment terms, as appropriate. The applicant needs to possess the skills to analyze financial statements and property valuation reports in order to calculate potential collateral shortfalls. Applicant will need to review loan documents to ensure compliance with company policy and prepare loan documents consistent with company policy. Applicant should possess the ability to arrange for maintenance and liquidation of collateral, both real property and personal property. Applicant must also be familiar with foreclosure and bankruptcy terminology and procedures. Position may involve periodic reporting to both Board of Directors and governmental agencies. Knowledge of SBA is an added enhancement (particularly SBA SOP 50 57 4). Qualified candidates must be self-motivated, have excellent organization and administrative skills, and be ready to work in a challenging, fast-paced environment. Strong written and verbal communication skills are required.

What You’ll Bring:

• Bachelor’s degree in Finance or Associate’s Degree with 5 years’ experience in banking, economic development, or lending.
• 5+ years of Special Assets, Collections, Asset Recovery experience.
• SBA workout experience preferred.
• Demonstrated proficiency with Microsoft Office Suite and databases.
• Attention to detail.
• Problem solving skills.
• Ability to meet deadlines and prioritize tasks.
• Excellent communication and negotiation skills.
• Customer service focus.
• Highly organized and able to balance various projects and responsibilities at once, in a fast-paced environment.
• Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.

Based on our compensation benchmarking survey, the estimated salary range for this position is $70,000 – $123,500 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.

Additional Information

We will consider and provide training for veterans interested in an administrative career provided that the applicant has completed at least two years of college with an accredited institution.