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
  • 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

Learn more about Pursuit’s mission and core values

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].

If you would like to apply, please click on the link below to complete our Employment Application.

Openings

Location:                       Albany 
Job Type:                      Employee – Full Time

About the Job:

We are looking for a Collection Specialist Processor to contact clients and collect outstanding payments. The position requires being able to maintain trustful relationships and ensure timely payments. The Collection Specialist Processor must be able to interact in a professional and trustworthy manner. Candidates should have excellent communication and negotiation skills, as well as an ability to work independently.

Duties and Responsibilities:

  • Monitor accounts to identify outstanding debt.
  • Investigate historical data for each debt or bill.
  • Contact clients to inquire about their overdue payments.
  • Take actions to encourage timely debt payments.
  • Update account status records and collection efforts.

Position Specifications:

  • High School or GED equivalent required.
  • 1-2 years of collection experience (preferred).
  • Make collection calls, prepare default letters, prepare due reports, assist with other default reports.
  • Strong interpersonal skills, and attention to detail are essential.
  • Exhibit self-motivation when working independently or in a group.
  • Ability to multi-task and meet frequent deadlines.
  • Consistently produces high-quality work.
  • Ability to exercise intellectual honesty when presenting information.
  • Ability to present data in a professional manner.
  • Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.
  • 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.

Based on our compensation benchmarking survey, the estimated salary range for this position is $40,000 – 48,000 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 
Job Type:                      Employee – Full Time

About the Job:

Responsibilities include spreading and analyzing financial statements and tax returns, analyzing cash flow, management and repayment ability of potential borrowers, preparing loan write-ups for new loan requests, and reviewing existing loans for credit quality and accurate risk rating.

Loan Application Review:

  • Spread and analyze financial statements and tax returns to identify any trends in the financial operations of the potential borrower and determine creditworthiness.
  • Analyze cash flow and repayment ability of potential borrowers ensuring program benchmarks are met.
  • Review business and managerial plans, credit reports and other searches as appropriate to determine creditworthiness of loan applicants.
  • Review all application documents to verify loan program eligibility and work directly with loan officers as necessary to discuss any issues.
  • Prepare summary credit memo on proposed loans for distribution to senior management for review and approval.

Loan File Processing:

  • Work directly with the appropriate party/parties to request and receive all answers/items to credit related questions during the underwriting process.
  • Organize and maintain accurate and complete virtual loan file throughout the process.
  • Proactively work on loan files to ensure that applications move through the process in a timely fashion.
  • Provide project summary and high-level review of loan file to Credit Administration and provide recommendations as necessary.

Technology:

  • Utilize internal and external technology systems to review, process, and track active loan files.
  • Maintain accurate loan file database for managerial reporting purposes.
  • Assist management in improving technological processes by providing feedback on loan systems and potential efficiencies that can be gained in loan processing.

Coordination and Communication:

  • Communicate both verbally and via email with borrowers, loan officers and internal staff as necessary to move loan file through process in a timely manner.
  • Coordinate underwriting and approval of loan files with loan officers and loan processors.
  • Review loan approval documents for consistency and accuracy as well as compliance with all internal and program guidelines.

Position Specifications:

  • Associate degree in a related field, required.
  • SBA loan experience and commercial underwriting experience. Preferred and prior banking experience desired.
  • Strong interpersonal skills, and attention to detail are essential.
  • Ability to multi-task and meet frequent deadlines.
  • Consistently produces high-quality work.
  • Other duties as required by Credit Administration.
  • Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.
  • Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.
  •  

If you would like to apply, please click on the link below to complete our Employment Application.

https://pursuit-hr.formstack.com/forms/employment_application

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.

Based on our compensation benchmarking survey, the estimated salary range for this position is $42,000 – 50,000 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 
Job Type:                      Employee – Full Time

About the Job:

We seek to hire a professional Office Administrator to coordinate the day-to-day duties and responsibilities associated with keeping the business’ operations running smoothly. The Office Administrator is responsible for creating a pleasant work environment, ensuring high levels of organizational effectiveness, communication, and safety, and providing general administrative support to employees.

Duties and Responsibilities: 

  • Perform administrative duties related to organizing, scheduling, reviewing, prioritizing, and responding to emails, answering, and returning calls, organizing documents and maintaining records.
  • Welcoming and directing visitors, answering phones, and responding to email.
  • Manage office supplies, inventory, and placing orders as necessary.
  • Receive and sort incoming mail and deliveries and manage outgoing mail.
  • Maintain the office environment and arrange any necessary repairs.
  • Communicate and maintain relationships with daily vendors and corporate accounts. This includes being the contact person for vendors and supporting online accounts/ services.
  • Assist with the coordination of larger internal and external meetings. Including setting meeting rooms up, assisting with water, coffee, etc.
  • Support staff communications relevant to the office environment and general updates. As appropriate, managing internal office communications as it relates to fire drills, routine maintenance, etc.
  • Identify opportunities for process and office management improvements, and design and implement new systems.
  • Additional duties and responsibilities as assigned by manager.

Position Specifications:

  • Associate’s degree required.
  • A minimum of two to three years of office administrative experience.
  • Support and embody Pursuit’s Core Values.
  • Must have excellent attention to detail.
  • Strong verbal and written communication skills with the ability to communicate clearly, professionally, and politely.
  • Ability to run routine office related errands as needed.
  • Ability to move (up to 20 lbs.) office supplies and restock inventory as needed.
  • Strong problem – solving skills and analytical abilities.
  • Must be highly organized and self–motivated and possess excellent time management skills.
  • Must be resourceful, innovative, and proactive.
  • Ability to exercise good judgement.
  • Ability to work independently and in a team environment.
  • Ability to manage information flow in a timely and accurate manner.
  • Ability to remain calm in stressful situations.
  • Demonstrated proficiency in MS Office.
  • Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.
  • Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.
  •  

If you would like to apply, please click on the link below to complete our Employment Application. https://pursuit-hr.formstack.com/forms/employment_application

We are an Equal Opportunity Employer and comply with all applicable federal, state, and local laws regarding nondiscrimination.

Based on our compensation benchmarking survey, the estimated salary range for this position is $42,000 – 52,000 and is commensurate with education and experience.

Location:                       New York City
Job Type:                      Employee – Full Time

About the Job:

The Credit Manager / AVP position will support the Chief Lending Officer (CLO) in new credit decisions to ensure responsible and efficient processing of PCF’s growth in new programs and loan products.

Duties and Responsibilities:

  • Since 10/1/2022 through 5/31/2024, PCF has processed 2,168 loans that led to a written decision of declination or approval, due to increased participation in SSBCI (State Small Business Credit Initiative) loan programs.
  • PCF utilizes, at present, up to 30 different loan programs / products, including funding sources and loan-loss mitigating program enrollments that vary by geography, loan amount, demographic, and funder. The PCF Credit Manager will ensure the ongoing processing of such varied programs remains transparent and efficient.
  • The credit manager position, dedicated to intake, processing, and underwriting, will enable PCF to continue to successfully deploy unique and time-sensitive CDFI-specific loan programs, while maintaining the commitment to individual engagement with our applicants, efficient processing from origination to funding, due diligence, repayment performance, and mission impact that PCF has become known for. The Credit Manager position will enable PCF to maintain its reputation as a transparent leader in the CDFI & SSBCI industry.

New Loan Program/ Underwriting responsibilities: 

  • Oversee initial reviews of new loan applications
    • Identify same-day eligibility and readiness for submission to loan underwriting
    • Provide same-day recommendations to Decline ineligible and/or un-qualified loans.
    • Issue written Declination decisions as required by Chief Lending Officer.
  • Pipeline management for PCF’s varied loan products
    • Core Products (SmartLoans, Microloans, Lines of Credit, Impact-Enhanced loan)
    • Existing and recently announced special programs, as well as new geographies and programs as they arise.
      • NYFLF2
      • NJ Capital Access Loan Fund
      • CT Boost Fund
      • Chicagoland lending (EOCLF, Advantage Illinois)
      • Washington State Flex Fund
      • Nevada Battle Born Growth Program
      • NY / ESD Patient Capital Start-Up Fund
  • Provide operational coverage and support to Lending Operations / Chief Lending Officer as needed.
  • Underwrite high priority and/or high difficulty loan applications up to $100,000 booked & processed by PCF, such as the Line of Credit and Impact-Enhanced loan products, and case-by-case high-touch approvals representing an exception to credit policy.
  • Assist Pursuit Community Finance’s Lending department on time-sensitive projects & loan programs as they arise.
  • Serve as primary reviewer and coordinator of the Patient Capital 1-year review process, re-assessing cash flow at the 12-month mark of Patient Capital loans to determine:
    • Cash flow ability to service 5-year term out as written in Loan Note
    • Extension of interest-only
    • Suitability for 7a term-out or refinance

Position Specifications:

  • Bachelor’s Degree in related field (business, accounting, finance, e.g.) required.
  • Master’s Degree in related field preferred
  • 3-5 years’ experience in loan commercial underwriting and/or financial analysis
  • Expertise or ability to gain expertise with Pursuit Community Finance’s varied loan programs, products, and funding sources
  • Passion for the mission of Pursuit and the CDFI (Community Development Financial Institution) field
  • Demonstrated ability to learn new skills as dictated by new projects
  • Excellent written and oral communication skills
  • Excel
  • Outlook
  • Ability to learn and regularly use
    • Cirrus
    • Ventures
    • BMI
    • PCFS Accounting Software
    • Microsoft Dynamics (CRM software)

Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.

Final candidates must be able to pass all pre-employment screenings, including a background, criminal and credit check, and drug testing.

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.

Based on our compensation benchmarking survey, the estimated salary range for this position is $60,000 – 100,000 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 
Job Type:                      Employee – Full Time

About the Job:

We seek to hire a Portfolio Analyst in our Albany, NY office.  The Portfolio Analyst is responsible for working with existing clients on modifications needed throughout the term of the loan. The analyst will identify the request and provide solutions to the client that are allowed within the loan program guidelines. The analyst will use their analytical skills to review financial statements, work with different departments within the organization to ensure borrower remains in compliance with policies, document the changes, and provide a written summary to Senior Management with their recommendations. 

Position Specifications:

  • Associate degree in a related field, required.
  • Strong verbal and written communication skills
  • Candidates must be detail oriented and be able to multi-task in a fast-paced environment. 
  • SBA loan experience preferred.
  • Commercial underwriting experience required.
  • Prior banking experience desired. 
  • Applicants must be authorized to work in the U.S. We do not provide sponsorships for those who require a sponsorship in order to work in the U.S.

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.

Based on our compensation benchmarking survey, the estimated salary range for this position is $45,000 – 60,000 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.

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