Business Development Officer I

Southern Bancorp•Olive Branch, MS

39d

About The Position

This role will be responsible for community outreach and involvement that results in microbusiness lending opportunities and financial development services with a focus on low-to-moderate income borrowers and communities that historically have had less access to mainstream financial products and services. The primary responsibility will be to build a robust network of referral sources in the assigned markets to drive loan volume. Additionally, this role will assist in recruiting for all programs, facilitate economic skills classes, and assist with other training sessions.

Requirements

High School diploma and at least 2 years of college or university study, bachelor’s degree in business, finance, accounting, or economics preferred
One to three years of related experience
Excellent oral and written communications skills
Proficiency with Microsoft Office suite
Ability to travel for meetings and client appointments
Must possess and maintain current and valid driver’s license and a vehicle with appropriate insurance coverage
Willingness to travel for events and meetings

Nice To Haves

Knowledge of financial statements and tax returns a plus
Experience performing financial analysis a plus
Experience with Sales Force a plus
Fluency in Spanish is strongly preferred

Responsibilities

Develop new business by maintaining professional networks and establishing a favorable presence in local communities by participating in civic organizations and community activities to generate loan volume and referrals for asset development services
Cultivate and nurture relationships with community partners within assigned markets to generate referral opportunities that align with SBCPs mission and target markets
Seek and originate Microbusiness loans (under $100K) with a focus on Microbusiness owners in designated low-to-moderate-income areas and follow up on referrals and direct inquiries
Take applications, package loans, interview customers, explain different financing products and programs, make recommendations for appropriate financial products, and negotiate credit terms
Provides all customers with prompt, efficient and friendly service, with an emphasis on problem-solving and solution-building
Ensure timely processing and funding of loans
Service loans as needed, including monitoring loans for credit risk changes and managing past due loan payments, including pursuing collection of past due and charged off loans
Identify and evaluate technical assistance, financial education, and financial coaching needs of current and prospective clients and ensure proper and effective referral to SBCP’s financial counselors
Complete all required training
Performs other related duties as required or assigned, including assisting with wealth building programs
Coordinate with Southern Bancorp Bank and Southern Bancorp Inc counterparts and partners

Benefits

401(k)/Roth plan with immediate eligibility and employer match up to 6%
Employee stock ownership plan
1% employee home loan
Credit and housing counseling as well as free financial education tools available to customers and employees
No deductible medical insurance plan
Dental and vision insurance
Employer paid life and long-term disability insurance
Flexible Spending Accounts
Paid time off starting day one
Bonus plan for all full-time staff
Opportunity for merit raises
Employee reward and recognition programs
Community service opportunities