Business Advisor

Overview

Alt Cap is a local leader in equitable lending and ally to underestimated entrepreneurs. We pair financing expertise and on-the-ground advocacy to give small business owners access to affordable, patient capital they need to start, grow, and thrive. Our lending is not a handout, it is a community and economic catalyst. By recognizing the entrepreneurship potential that traditional lenders may overlook, we empower entrepreneurs throughout our communities to build a more inclusive, vibrant local economy.

Business Advisor will play a key role in advancing Alt Cap’s mission of increasing our small business and microloan deployment in traditionally underserved communities and marginalized entrepreneurs. Specifically, the Business Advisor will act as Alt Cap’s internal subject matter expert on all things finance and loan readiness, providing hands-on guidance and training to small business owners.

• Serve as Altcap’s content expert as it relates to lending, finance, or small business consulting/mentoring.
• Transform applicants into successful borrowers by deploying Alt Cap’s financial literacy strategy.
• Provide one-on-one coaching to pre and post borrowers.
• Assist partnerships manager in networking and community resource tracking.
• Assist clients with their application process and preparing documents.
• Design, author, and stand up Alt Cap owned Technical Assistance offerings.
• Support data collection and governance.
• Connect, support, and recommend external Technical Assistance offerings for clients.
• Regularly analyze borrower portfolio and implement Technical Assistance interventions to prevent defaults.
• Collaborate with external subject matter experts to assist in development of curriculum.
• Strengthen and take ownership of Loan Readiness Accelerator program.
• Work alongside Business Financing Specialists, Market Presidents, and Partnerships Manager to identify improvements within applications.
• Understand and be able to communicate Alt Cap credit policy.
• Lead the Alt Cap borrower mentor program.

• Bachelor's Degree in Business, Finance or Education;
  Master's Degree preferred or equivalent experience. •
  Bilingual proficiency in English and Spanish a MUST.
• 5+ years in finance/consulting
• Small business expertise relating to business plans, tax strategy, cash flow analysis, etc.
• Engaging and confident educator and presenter.
• Demonstrated expertise in event participation, turnout, retention.
• Experience working within distressed communities.
• Adaptive and culturally competent.
• Commitment to Alt Cap's mission of promoting economic opportunity for underserved communities.
• Excellent verbal and written communication skills.
• Curious and committed to continuous development.
• Self-starting team player.
• Banking, lending, CDFI, or small business experience a plus.
• Proficient with Microsoft Office suite and Salesforce a plus.

• Competitive compensation with bonus.
• Generously subsidized health, dental, and vision insurance available on day one with family eligibility.
• HSA, FSA, short-term and long-term disability, and employer-paid life insurance available.
• 401(k) plan available after 6 months with 3% employer contribution.
• Vacation and sick pay with 11 national holidays, day after Thanksgiving, and Christmas Eve.
• Professional development and informal nonprofit leadership education opportunities.

Join our dynamic team and contribute to our mission of creating positive social impact. The Business Advisor position is a full-time hybrid position, Monday – Friday, 8:30 am – 5:00 pm. To apply, please email a resume and a cover letter articulating why you think small business lending is important to economically underserved communities to Brant Stacy, Community Partnerships Manager, licants must be authorized to work for any employer in the U.S. We are currently unable to sponsor or take over sponsorship of an employment Visa.

Alt Cap is an Equal Opportunity Employer. We celebrate, support, and thrive on diversity and are committed to creating an inclusive environment for all employees.