Start or grow a meaningful career at Pursuit
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
- Educational assistance after two years of employment
- 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].
Openings
Location: Chicago, IL
Job Type: Employee – Full Time
About the Job:
The Assistant Vice President (AVP) is responsible for working directly with banks, business service organizations, associations, chambers of commerce, economic/community development organizations, professional service firms, lending organizations, and others to secure client referrals and acquire loan customers. The AVP position is with our CDFI arm of Pursuit and the geographic focus is the City of Chicago metropolitan area.
This position will also be responsible for assisting with business advisory services, which include pre- and post-loan technical assistance. The AVP will work with members of the Pursuit business advisory team on an ongoing basis to help assess client needs and pair them with services to help them grow.
Duties and Responsibilities:
- Maintain expert familiarity with Pursuit Community Finance products and those of its affiliates.
- Maintain a network of community partners, bankers, and referral partners, and secure new channels for client acquisition.
- Engage in strategic networking to develop new partners and clients.
- Quickly understand business conditions, conduct business assessments, and be able to provide feedback and guidance to potential clients on the appropriateness of various products.
- Nurture and advise clients to help resolve access to capital barriers, with a focus on loan readiness, loan packaging, and addressing challenges to accessing capital.
- Conduct follow-up assessments and check-ins with clients.
- Manage engagements to ensure quality service and work, together with other staff, to ensure that all Pursuit goals and funder goals are met or exceeded.
- Develop new ways to engage clients in consulting services and business advisory offerings.
- Manage reports and IT systems related to tracking and reporting on consulting engagements.
- Work with other staff to develop content that provides value to small business owners, especially Pursuit borrowers.
- Support efforts related to new grant proposals and reporting to funders, including monitoring and measuring program outcomes as needed.
- Additional position-related duties and responsibilities as assigned by supervisor.
Position Specifications:
- Bachelor’s degree required.
- Master’s degree in business administration, public administration, or related field a plus.
- Clear communication, sales, presentation & interpersonal skills.
- Minimum of 3-5 years’ experience in small business lending/credit, business development in financial services industry, economic/community development, or related field in Chicago market.
- Self-starter with ability to set and manage timelines and outcomes to help Pursuit quickly establish a presence in the Chicago market.
- Multilingual candidates are encouraged to apply.
- Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.
We will give consideration to and provide training for veterans interested in a career in finance/banking provided that the applicant has completed at least two years of college with an accredited institution with a concentration in finance.
Based on our compensation benchmarking survey, the estimated salary range for this position is $70,000 – $90,000 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.
Location: Albany, NY
Job Type: Employee – Full Time
About the Job:
Pursuit seeks to hire a Credit Relationship Manger in our Albany office; other locations may be considered. The Credit Relationship Manager is responsible for working directly with loan officer(s), underwriters, borrowers, bankers, and their applicable professionals throughout the SBA 7(a) process. In this role, one will be engaged early in the process, assisting with internal and external SBA 7(a) & SBA Community Advantage loan referrals and inquiries, from initial conversation up to presenting to internal loan committee and coordinating a transition to the Closing team upon SBA approval and assist with post-approval items as necessary.
Duties and Responsibilities:
- Handles internal and external SBA 7(a) and Community Advantage loan referrals and inquiries, from initial conversation to eligibility determination to deal structure.
- Communicate with Borrower on program requirements, terms, and conditions to ensure Borrower is amenable to the loan terms and conditions applicable to the program requirements.
- Finalize project & structure, write up loan submission and underwrite the loan request, or prepare for submission to the credit department, as applicable.
- Coordinate with Loan Processors on application package collection and Ventures input and perform site inspections when applicable.
- Present loan to internal Senior Staff Loan Committee for approval and facilitate post-approval handoff to legal for closing, while assisting with post-approval items as necessary.
Position Specifications:
- Bachelor’s degree preferred.
- Associate degree with 2 years of relevant experience will be considered.
- Credit Analysis / Underwriting Experience Preferred.
- Prior loan officer experience or similar role 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 $49,000 – $83,000 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.
We will give consideration to 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.
We are an Equal Opportunity Employer and comply with all applicable federal, state, and local laws regarding nondiscrimination.
Location: Albany, NY
Job Type: Employee – Full Time
About the Job:
Pursuit is seeking a motivated individual to join our legal department as a Legal Assistant. As one of the leading SBA Lenders in New York, we value professionalism and a passion for learning. The Legal Assistant will work directly with attorneys throughout the loan closing process.
Duties and Responsibilities:
- Perform various administrative functions to support the work of the legal team.
- Draft and format closing documents (subject to attorney review) in preparation for sending to borrowers.
- Organize and archive closing documentation.
- Coordinate with attorney on due diligence documentation collection.
Position Specifications:
- High School diploma or equivalent required.
- Bachelor’s Degree preferred.
- Paralegal/Legal Assistant experience preferred.
- Demonstrated proficiency in Microsoft Office Suite and databases.
- Strong attention to detail.
- 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 $40,000 – 60,000 and is commensurate with education and experience.
We will give consideration to 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.
We are an Equal Opportunity Employer and comply with all applicable federal, state, and local laws regarding nondiscrimination.
Location: Albany, NY
Job Type: Employee – Full Time
About the Job:
Pursuit seeks to hire a Special Assets Manager in our Albany office. This position is responsible for collections, customer servicing, and other loss mitigation and recovery activities. The Special Assets Manager is also responsible for leading and managing the Special Assets Team.
Duties and Responsibilities:
- Develop and implement loan collection policies for the company.
- Manage and monitor loans and collections that are higher risk or adversely graded.
- Experience with liquidations.
- Monitor and maintain up-to-date records for client accounts and review accounts in arrears to ensure appropriate actions are taken.
- Communicate with customers and track data about collections.
- Develops procedures to help the department work more efficiently.
- Ensuring legal documents are up to date.
- Performing other duties as assigned
Position Specifications:
- Associate’s degree in finance or related field required.
- A minimum of 5 years of collection experience, required.
- Supervisory experience required.
- Prior SBA 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.
We will give consideration to 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.
Based on our compensation benchmarking survey, the estimated salary range for this position is $70,000 – $120,000 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.
Location: Philadelphia or Pittsburgh
Job Type: Employee – Full Time
About the Job:
The Senior Business Development Officer is responsible for working directly with banks, business service organizations, associations, chambers of commerce, economic development organizations, professional service firms, lending organizations or marketplaces, and others to secure client referrals and acquire loan customers. The geographic focus for the position is Pennsylvania– specifically the Philadelphia or Pittsburgh metropolitan area. However, deals can come from anywhere in New York, New Jersey, and Pennsylvania. Candidates throughout the state of Pennsylvania are encouraged to apply.
Candidates must have demonstrated deal production and contacts of bankers and centers of influence in the lending/ financial services industry.
Duties and Responsibilities:
- Maintain expert familiarity with Pursuit Community Finance products and those of its affiliates.
- Maintain a network of bankers and referral partners, and secure new channels for client acquisition.
- Engage in strategic networking to develop new partners and clients.
- Quickly understand business conditions, conduct business assessments and be able to provide feedback and guidance to potential clients on the appropriateness of various products.
- Nurture and advise clients to help resolve access to capital barriers, with a focus on loan readiness, loan packaging, and addressing challenges to accessing capital.
- Conduct follow-up assessments and check-ins with clients.
- Coordinate with partners such as banks, accountants, and other small business service providers.
- Develop manuals, processes, and procedures; establish benchmarks and track progress against goals. Manage reports and IT systems related to tracking and reporting on business development.
- Support efforts related to new grant proposals and reporting to funders, including monitoring and measuring program outcomes as needed.
- Additional position related duties and responsibilities as assigned by supervisor.
Position Specifications:
- Bachelor’s degree required.
- Master’s degree in business administration, public administration, or related field preferred.
- Minimum of five (5) years’ experience in banking and small business lending/credit, or business development in the financial services industry.
- Clear communication, sales, presentation & interpersonal skills.
- Strategic & organizational competence—i.e., exercising leadership to improve business development strategy, the ability to set and manage timelines, commitments, and deadlines with ease.
- Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.
Essential Functions:
- Ability to communicate effectively.
- Ability to travel throughout NY, NJ, and PA.
- Experience and comfort with public speaking
We will give consideration to and provide training for veterans interested in a career in finance/ banking, provided that the applicant has completed at least two years of college with a concentration in finance.
We are an Equal Opportunity Employer and comply with all applicable federal, state, and local laws regarding nondiscrimination.
