Job Description - SBA Business Development Officer
Job summary Excellent opportunity for a seasoned SBA Business Development Officer
Responsible for generating new SBA loans in an assigned local market
Develops strategies to originate SBA loans in the marketplace
Job seniority: mid-to-senior level
Responsibilities • Calls on and develops a referral network with commercial real estate brokers, business brokers, business/professional associations, accountants, lawyers, etc. to solicit SBA loan opportunities
• Presents the bank's loan capabilities
• Structures SBA loan proposals, completes initial underwriting and prepares credit package
• Responsible for the success and growth of assigned sales territory
• Responsible for the sales life cycle, including lead generation and sourcing, loan policies and structure, product knowledge and financial analysis
Requirements • 5+ years of financial services industry experience
• 3+ years of experience in SBA 7a & 504 lending, selling business related financial services products, or a combination of both
• Excellent verbal, written, and interpersonal communication skills
• Knowledge and understanding of underwriting or evaluating commercial credit
• Established network of COIs and brokers in the local market
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