The Loan Officer Position
If you’re an experienced loan officer or administrator and looking to make a real difference in the world, we’d love to talk to you. We offer exceptional benefits, a high degree of autonomy, and the opportunity to build a loan portfolio you’ll be proud of. The full job description is here. The primary functions of this job are:
- Help startup and expanding cooperative businesses gain access to needed capital.
- Grow Shared Capital’s loan portfolio while minimizing its risk.
- Keep customer satisfaction and retention levels high.
- Contribute to our good reputation among lenders, CDFIs, and within the co-op ecosystem.
You’ll be working with an excellent and supportive lending team, and collaborating with fellow employees, volunteer committee members, community partners, and our board of directors. We encourage professional development. You may be expected to travel occasionally. Considerable time is spent attending to the capital needs of an extremely diverse universe of borrowers, not all of whom speak English as their first language. You’ll also get plenty of alone time with spreadsheets and with data that lives in TEA loan management software
The starting yearly salary range for this position is $57,000-$77,000 depending on your qualifications. This position may be based in our Minneapolis-St. Paul headquarters, and we will also consider remote arrangements.
The Program Manager Position
You’re an organizer and an effective program manager who knows how to mobilize people and organizations to accomplish certain outcomes. You’re a relationship builder and know how to harness the power of partnerships with those who have shared values. You’re deeply committed to racial and economic equity and justice and recognize access to capital as a vital tool in this work. The full job description is here. The primary functions of this job are:
- Advance Shared Capital’s equity, diversity, and justice commitment inside the organization.
- Implement and manage key programs and strategic partnerships.
- Help raise funding for programming.
You’ll be an important part of our leadership team, delivering and facilitating staff equity, diversity, anti-racism, and racial justice work. You’ll examine and analyze our programs using an equity lens, and you’ll expand and strengthen our network of partners.
The starting yearly salary range for this position is $63,250-$75,000 depending on your qualifications. This position may be based in our Minneapolis-St. Paul headquarters, and we will also consider remote arrangements.
Shared Capital Cooperative is a $20+ million national CDFI loan fund and cooperative with a successful, 40-year track record of financing consumer, small producer, housing, and worker-owned cooperatives. We’re building a just, equitable, and democratic economy by investing in cooperative enterprises. Shared Capital is democratically owned and governed by 300 cooperatives across 36 states. We’re a small and growing organization.
Shared Capital is located in St. Paul, Minnesota. Our office is bike friendly, and are on the Metro Transit Green Line, and bus lines.
Why Should You Apply?
- Great benefits and competitive salary
- Solid, growing organization with 40-year history
- Professional development opportunities
- Flexible work schedule, including remote working opportunities
- Working for social, racial, and economic justice!
Shared Capital Cooperative is an Equal Opportunity Employer
At Shared Capital, we celebrate difference. We’re committed to building a diverse and inclusive organization and recognize the fact that our different cultures, backgrounds, perspectives, and ways of being strengthen our company, as well as our communities. We don’t discriminate on the basis of race, color, creed, religion or belief, national origin, political affiliation, age, marital, civil union or domestic partnership status, disability, public assistance status, prior convictions, personal credit score, past or present military service status, family medical history or genetic information, family or parental status, sexual orientation, gender identity, or gender expression. We desire a diverse pool of applicants and encourage applications from women, people of color, LGBTQ, and immigrant communities.
Email a résumé and cover letter (.doc or .pdf format, please) to firstname.lastname@example.org.