Business Development Officer - SBA

Firstrust Bank•Conshohocken, PA

4d•Hybrid

About The Position

As one of the region’s foremost community banking institutions, Firstrust Bank takes pride in fostering leadership. As a Firstrust employee, your growth is our growth. For you, that means great benefits, performance-based pay, a meaningful role, and resources to help your success. For us, that means employees who offer exemplary customer service with a commitment to our values - honesty, integrity and accountability. This is a hybrid position where the officer will generate new Small Business Administration (SBA) loans through prospecting, outside calling, networking and referrals. It will require a substantial number of outside, in-person calls on prospects and clients, including automobile travel. The goal is to achieve 100% of the established annual production objective (APO) by year-end, which will be determined at or near the beginning of every year. The role also involves developing and implementing marketing activities within the budgetary constraints established by the supervisor.

Requirements

5+ years of experience in screening, processing and booking SBA 504 and SBA 7A loans.
Financial sales and lending abilities required.
In-depth credit and lending knowledge, and thorough understanding of all traditional and non-traditional bank products are required.
MS Office Suite skills required.
Excellent written and verbal skills required.

Nice To Haves

Additional lending experience in the area of SBA related loans is desirable.

Responsibilities

Responsible for external self-sourcing SBA-government guaranteed loans within the Bank’s geographic territory.
Identify and solicit new business relationships.
Interview new and existing loan applicants to gather information relative to their business needs, abilities and earnings to determine whether loans may be an acceptable risk.
Assemble loan packages and assist in the gathering and closing process.
Cross-sell business products to existing customers and prospect business customers through an organized calling program.
Generate qualified referrals to other bank departments.
Actively participate in external community activities in order to promote Firstrust Bank and to develop a business referral network.