Renaissance Economic Development Corporation (Renaissance) is a 501(c)(3) nonprofit organization and U.S. Treasury-certified Community Development Financial Institution (CDFI). Renaissance is a Small Business Administration-approved microlender and a Community Advantage lender. Renaissance’s lending activities are guided by a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs.
Renaissance’s mission is to transform low-to-moderate income and immigrant communities in New York City by providing low-interest small business loans, training and counseling services. Renaissance is an affiliate of Asian Americans for Equality, one of the country’s leading community development nonprofits. As an organization deeply rooted in the neighborhoods it serves, Renaissance works hand-in-hand with local business owners to ensure their long-term success. Renaissance also provides financial literacy services and comprehensive technical assistance to small business owners and entrepreneurs each year through individual counseling and classroom sessions.
The Small Business Loan Underwriter focuses on Renaissance’s core lending service which is our Small Business Loan Programs. Renaissance loan programs are tailored to the needs of small business owners and entrepreneurs for small or emerging businesses unable to obtain financing from mainstream financial institutions. Loan amounts range up to $250,000. This position requires a high level of technical expertise, sound judgement and attention to detail with the ability to analyze complex information to assess credit risk, create appropriate loan structure and ensure compliance with Renaissance Loan Policy and Procedures in an effort to mitigate loss, delinquency and overall risk.
Key Duties and Responsibilities:
We believe that the people and the communities that we have the privilege to serve, deserve our very best every day. We are a results-driven organization that focuses on inclusiveness, empowerment and impact. AAFE and its affiliate employees are accountable, collaborative and strong communicators with a core strength of community service and development. We are strategic thinkers who are committed to racial equality and treating each other, and the communities we serve, with respect and dignity. We have an aptitude for technology and a strong desire to continuously learn. This philosophy expands to the way we manage our work and the way we put our best foot forward. Expectations for all staff:
Renaissance offers rich benefits, recognition, opportunities for professional growth and competitive salaries. Salary offers will be based on the candidate’s experience in similar roles.
For further information about Renaissance, please visit our website at www.renaissance-ny.org.