SBA Business Development Officer

SBA Business Development Officer

Position Summary: The SBA Business Development Officer is responsible for sourcing and originating SBA loans, developing and maintaining strong business relationships, and ensuring compliance with all SBA lending regulations.

Key Responsibilities:

Business Development 

• Actively source and originated SBA loans through networking, community outreach, and referral networks, both locally and nationally.  
• Conduct initial pre-flight reviews with prospective borrowers to assess their qualifications for an SBA loan. 
• Attend regional and national events for networking and sourcing purposes. 
• Work with the marketing department to develop marketing strategies that promotes SBA loan programs and attract new clients.

Loan origination and Structuring 

• Collaborate with existing and new clients to navigate the loan approval, documentation and closing process. 
• Closely work with internal credit analysts, portfolio managers and SBA packagers to ensure compliance with internal policies and procedures. 

SBA Compliance

• Stay updated on current SBA regulations, policies, and Standard Operating Procedures (SOPs). 
• Adhere to all compliance guidelines and ethical standards related to SBA lending. 

Ongoing Relationship Management

• Partner with portfolio managers as needed to assist with ongoing servicing of booked loans.
• Intakes new loan requests from existing clients. 

Qualifications:

• Bachelor's  degree in Finance, Business, or related field or equivalent experience. 
• Minimum of 3-5 years of experience in SBA lending or commercial banking.
• Strong knowledge of SBA loan programs and regulations.
• Proven track record in business development and client relationship management.
• Excellent communication and negotiation skills.
• Strong understanding of small business finance, credit analysis, and lending practices. 
• Detail-oriented with strong analytical abilities.
• Proficiency in financial analysis software and MS Office Suite.

Knowledge, Skills & Abilities:

• Excellent interpersonal & customer service skills. 
• Ability to listen, speak clearly and effectively to others. 
• Respects opinions of others. 
• Prioritize tasks and meet required deadlines. 
• Strong organizational skills needed with the ability to multitask. 
• Accuracy and efficiency with attention to details. 
• Ability to work in a fast-paced environment & under pressure as needed. 
• Satisfactory skill set in the use of the following software applications: Microsoft Excel, Word, and Outlook. 
• Experience with Jack Henry applications desirable. 

Physical Demands:

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and depth perception. 

Work Environment:

The working environment is typical for an office and does not require exposure to difficult or hazardous conditions.

This Position Description reflects management’s assignment of major responsibilities, which represent the most essential functions. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. They may be subject to change at any time due to reasonable accommodation or other reasons.

 

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Member FDIC