Business Development Officer - SBA

First Trust Bank • Conshohocken, PA

4d • Hybrid

About The Position

Generate new Small Business Administration (SBA) loans through prospecting, outside calling, networking and referrals. Make a substantial number of outside, in-person calls on prospects and clients, will require automobile travel. By year-end, achieve 100% of established annual production objective (APO) that will be determined at or near the beginning of every year. Develop and implement marketing activities within the budgetary constraints established by 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed