Location
Atlanta, GA | United States
Job description
Job Summary:
At NAC, a Commercial Lender is responsible for identifying, cultivating relationships with, and closing loans for borrowers. Whether through cold calling or pursuing referrals and warm leads, a Commercial Lender must develop a pipeline of deals that support the revenue goals of his/her territory and the organization as a whole.
In addition to developing deal flow, a Commercial Lender must be an excellent communicator, disciplined with managing their time, and thorough in their attention to detail. Analyzing and understanding financial statements is a critical part of determining the quality of a project, so a Commercial Lender must be a quick study and/or have experience in reviewing and assessing Balance Sheets, Cash Flow Statements, etc.
A Commercial Lender reports directly to and is expected to maintain consistent interactions with the President to report progress, ask questions, receive feedback, etc.
Responsibilities and Duties: Develop pipeline of new loans with the following quantitative and qualitative objectives:
- Total Loan Originations: $5,000,000
- USDA Guarantee Percentage (Average): 80%
- Default Rate (Based on Loan Amount): 1.5%
Effectively engage with the Credit and Operations teams to assist in gathering the needed documents and materials to successfully underwrite loans.
Understand, professionally negotiate, and accurately communicate loan terms to borrowers in order to ensure alignment and a mutually beneficial deal.
In addition to developing deal flow, a Commercial Lender must be an excellent communicator, disciplined with managing their time, and thorough in their attention to detail.
Analyzing and understanding financial statements is a critical part of determining the quality of a project, so a Commercial Lender must be a quick study and/or have experience in reviewing and assessing a company's Balance Sheet, Statement of Cash Flow, etc.
Job Skills and Qualifications: The skills necessary to be successful as a Commercial Lender include, but are not limited to:
- Strong written and verbal communication skills
- Self-motivated and driven.
- Commitment to listening and seeking to understand the needs of the customer.
- Ability to learn new things quickly with attention to detail.
- Excels in a team environment with a focus on supporting the mission of the firm.
- Comfortable reviewing, understanding, and analyzing financial statements.
- Undergraduate degree in Finance, Accounting, or Business Administration; a graduate degree or MBA is preferred.
- One (1) years of mortgage business, lending, financial business development experience or applicable education within the immediately preceding five (5) years preferred.
Company Overview: North Avenue Capital, LLC is a specialized commercial lender exclusively financing USDA Business & Industry loans to lower and middle market businesses outside of major metropolitan markets. The firm exists to honor God through excellence, integrity, and growth as stewards of capital, influence, and people. NAC’s partners and associates bring a broad range of experience and expertise from a cross-section of professional backgrounds including, but not limited to, private equity, commercial and community banking, private and public commercial real estate, financial planning, hedge fund management, manufacturing, and engineering. Having launched and operated over half a dozen successful businesses in various markets, we are proud to be entrepreneurs and we thoroughly enjoy serving other entrepreneurs.
NAC operates with a family-friendly culture, where colleagues are valued, seen, and rewarded. This is not your typical finance marketing job. NAC was founded on – and continues to grow through – an entrepreneurial mindset. Bringing ideas to the table is a must, and trial and error are embraced. Why? We have few direct competitors and are literally drawing the map for the industry.
North Avenue Capital does not accept unsolicited resumes from recruiters or employment agencies. North Avenue Capital is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of North Avenue Capital.
If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at
[email protected].
Work environment and Physical demands: The employee will occasionally lift and/or move up to 25 pounds. The employee will regularly sit; talk; hear; and use hands to finger, handle or feel. The employee will occasionally stand; walk; reach with hands and arms; climb and balance; and stoop, kneel, crouch, or crawl. Special vision requirements include close, distant, and peripheral vision; depth perception; and the ability to adjust focus. The noise level in the work environment is usually moderate. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. North Avenue Capital is an equal opportunity employer.
Company Overview: Truth in Texas Banking. That’s what we’re about. Founded in 2010, we are one of the ten largest banks headquartered in the state of Texas. We became a publicly traded company in 2014 and in 2020 and 2021 we were listed on Fortune’s 100 Fastest Growing Companies. Headquartered in Dallas, Texas, we’ve built a bank forever rooted in truth, transparency, and uncompromising integrity.
We know our strongest asset is the passion, authenticity, and talent of our people. We focus on the growth and development of each team member to unlock potential to “Be Your True Self.” Our “True You” culture is made up of five pillars:
1. Be Mindful
2. Be Healthy
3. Be Better
4. Be Prosperous
5. Be Faithful
With this as our foundation, we’ve built a bank of people who are transparent, tell the truth, and act with integrity. We unite together in common purpose - caring deeply for our clients and communities, communicating openly with each other, and treating everyone with respect. Visit our website at and come see how we’re bringing truth and transparency to Texas banking.
Veritex Community Bank does not accept unsolicited resumes from recruiters or employment agencies. Veritex Community Bank is under no obligation to pay any referral compensation or recruiter fee in the absence of a current executed Recruitment Services Agreement. In the event a recruiter or agency submits an unsolicited resume or candidate without an agreement, Veritex reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, shall be deemed the property of Veritex Community Bank.
If your agency would like to be considered as a potential future recruiting partner, please leave your contact information at
[email protected].
Work environment and Physical demands: The employee may occasionally lift and/or move up to 25 pounds. The employee may occasionally stand, walk, reach, climb, balance, stoop, kneel, crouch, or crawl. The work environment and physical demands are those of a standard office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Disclaimer: This job description is not an inclusive list of all duties and responsibilities of the position. Incumbents will be required to follow any other job- related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Veritex Bank reserves the right to amend and change responsibilities to meet business and organizational needs.
This document does not create an employment contract, implied or otherwise, other than an "at will" relationship. Veritex Community Bank is an equal opportunity employer. Veritex Community Bank Corporate Human Resources, Dallas, Texas.
We are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants.
Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on the Company. Please inform the Company’s personnel representative if you need assistance completing any forms or to otherwise participate in the application process.
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