Business Advisor (Korean Speaker) - Asian Americans For Equality : Job Details

Renaissance offers a comprehensive benefits package, recognition, and opportunities for professional growth, with competitive salaries. The salary range for this position is between $50,000 and $70,000, an annual bonus, based on organizational and individual performances, may be given based on the candidate's relevant performance.

Reporting to their Senior Business Advisor/Team Leader, the Business Advisor (Korean Speaker) is responsible for building relationships with small businesses and referral-base partnerships, generating a strong pipeline of loan applicants, pre-screening loan applications for eligibility, loan packaging for submission, providing one-on-one business coaching to small business, and monitoring the performance of their portfolio of small business loans after they close.

The Business Advisor (Korean Speaker) will primarily serve clients in the NY Metro Region of New York City, Long Island, Mid-Hudson Valley, and New Jersey.

• Build partnerships and relationships with small business owners, business associations, and community partners through participating in community events and outreach, targeting predominantly immigrant communities.
• Provide one-on-one counseling on small business' financial situation and provide cash flow guidance.
• Assist small business clients with REDC loan application package for submission to underwriting.
• Monitor the performance of their loan portfolio and follow up with loan clients that need more counseling.
• Conduct periodic site visits to client business locations.
• Organize and lead workshops for small business owners, as needed.
• Maintain close client contact to ensure satisfaction and anticipate financing needs.
• Diligently and promptly enter and track all relevant client information in Salesforce.
• Uphold confidentiality of all client information.
• Meet expectations for attendance and punctuality.
• Perform other related duties as assigned.

• Bachelor's degree or equivalent combination of education and experience.
• Fluent in both English and Korean.
• 2+ years of experience in small business counseling and/or lending.
• Formal or informal experience managing a small business.
• Excellent knowledge of local businesses and resources in New York City, Long Island, Mid-Hudson Valley, and New Jersey.
• Strong background in client management and customer service.
• Strong analytical, verbal, written, and interpersonal communication skills, with the ability to present information to a diverse customer base.
• Finance and Accounting knowledge preferred.
• Commitment to the confidentiality of sensitive materials and information.
• Strong organizational skills with attention to detail.
• Ability to quickly gain knowledge of local businesses and resources.
• Hands-on experience working with small business owners is a plus.
• Experience working with low-income individuals in diverse communities.
• Proven ability to multitask, work under pressure, and meet deadlines.
• Proficiency in Salesforce, Google applications, and Microsoft Office Suite (specifically MS Word and Excel).
• Location Requirement: This is a hybrid remote position with initial 3 months of on-site training. Must be willing to travel between NJ, NYC, LI, and Mid-Hudson.

At Renaissance, we are committed to serving the communities we support with dedication and excellence. We are a results-driven organization focused on empowerment and impact. Our employees are accountable, pragmatic, innovative, and collaborative, with a strong commitment to community service and development. We embrace strategic thinking and a commitment to racial equality, 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:

• Support efforts that ensure a safe and healthy work environment.
• Understand and embrace the value in collaborating with people of different cultures, races, genders, ethnicities, beliefs, experiences, and ideas.
• An understanding of the concepts of institutional and structural racism and bias and their impact on underserved and underrepresented communities.
• Maintain a positive, helpful attitude.
• Enjoy your time at work!

Renaissance Economic Development Corporation (REDC) is a 501(c)(3) nonprofit organization whose mission is to build-up low-to-moderate income and immigrant communities in New York City metro area by providing low-interest small business loans along with training and counseling services. REDC is an affiliate of Asian Americans for Equality, one of the country's leading community development nonprofits. As an organization deeply rooted in the communities it serves, REDC 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 workshops.

We are US Treasury certified Community Development Financial Institution (CDFI), Small Business Administration (SBA) Intermediary Microlender, and SBA Community Advantage (7a) lender. Renaissance's lending activities are guided by a commitment to increase business opportunities for low-income, minority, women, and immigrant entrepreneurs.