SBA Business Development Officer
About The Position
This position can be located in any of our market areas. The SBA Business Development Officer is responsible for developing, originating, and processing SBA, USDA B&I, USDA FSA, and Pass Thru loans. This role focuses on calling on prospective and existing customers to generate new business, providing financial guidance, and managing loan requests from initial screening through funding. The position may involve direct interaction with representatives of the U.S. Small Business Administration and the U.S. Department of Agriculture and supports departmental activities to maintain a high level of customer service and satisfaction.
Requirements
- Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental regulations.
- Ability to write reports, business correspondence, and procedure manuals.
- Ability to effectively present information and respond to questions from management, clients, and the public.
- Strong verbal and written communication skills.
- Ability to work with mathematical concepts such as fractions, percentages, ratios, proportions, probability, and statistical inference, and to apply these concepts to practical situations.
- Ability to solve practical problems and manage a variety of variables in situations with limited standardization.
- Ability to interpret instructions provided in written, oral, diagram, or schedule form.
- Friendly and cooperative attitude.
- Ability to manage multiple tasks simultaneously without loss of quality or continuity.
- Ability to work independently with minimal supervision.
- Strong organizational and prioritization skills.
- Ability to meet strict deadlines while balancing the needs of the Bank and its clients.
- Regular, predictable attendance is required; including the occasional evening and weekend work as business demands dictate.
- Travel between company locations as needed.
Nice To Haves
- Bachelor’s degree in Business or Finance from a four year college or university and three years of related experience
- Prior relationship management experience
- Knowledge of the business and economic environment
Responsibilities
- Develop and submit SBA, USDA B&I, USDA FSA, and Pass Thru loan requests
- Call on prospective and existing customers to generate new business opportunities
- Provide financial counsel to current and prospective customers
- Interview prospective loan applicants to determine program eligibility
- Obtain and analyze sufficient applicant information to support sound credit decisions
- Screen, review, and analyze loan requests
- Maintain direct control of loan files and documentation from initial credit submission through funding
- Develop business within the community directly and through referral sources such as attorneys, accountants, real estate brokers, business brokers, and other lead generators
- Represent the Bank positively in the community and professional associations by participating in community events to support client retention and brand awareness
- Interface directly with SBA or USDA officers as needed
- Provide support to the SBA Department, including obtaining financials, conducting site inspections, or assisting with collection activities when requested
- Travel as required
Benefits
- Medical, dental, and vision plans
- Vacation, sick leave, paid Holidays
- Paid volunteer time
- Employer paid life insurance
- 401(k) with employer matching
- Ongoing training, professional development and career advancement opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
