Business Development Officer - SBA

Firstrust Bank • Conshohocken, PA

124d

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. This position is a hybrid role focused on generating new Small Business Administration (SBA) loans through prospecting, outside calling, networking, and referrals. The role requires making a substantial number of outside, in-person calls on prospects and clients, which will involve automobile travel. By year-end, the employee is expected to achieve 100% of the established annual production objective (APO) that will be determined at or near the beginning of every year. The employee will also develop and implement marketing activities within the budgetary constraints established by their supervisor.

Requirements

• 5+ years of experience in screening, processing, and booking SBA 504 and SBA 7A loans.
• Additional lending experience in the area of SBA related loans is desirable.
• 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.

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.

Benefits

• Performance-based pay
• Great benefits

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 101-250 employees