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Rockbridge Search & Recruitment 14/06/2021


Ref #: 189
Location: Remote Remote
Salary: $80k-$100k
Sector: Banking
Type: Permanent

Are you a Top performing BDO looking for better compensation and more personal service for your clients?

Our client is one of the fastest growing and top-rated banks with an unparalleled compensation plan. Amaze your clients with a faster turnaround time! Our client has a process that closes 95% of their loans in 30 days. We are looking for an SBA Business Development Officer to identify, solicit and close new SBA loans through business development activities.

  • Conduct new business development activities to generate new fee income to meet department and individual goals.
  • Prospect, market, structure and originate new SBA 7(a) and SBA 504 loans.
  • Identify, refer, and introduce other business opportunities to internal product partners.
  • Establish and maintain a network of referral sources able to bring potential SBA borrowers to the bank.
  • Obtain complete financial packages from borrowers to obtain required signatures and facilitate funding.
  • Maintain an in-depth knowledge of SBA products as well as knowledge of competitors and competitive products.
  • Ensure that all activities and work functions comply with bank compliance requirements.
  • Critically think, formulate, and support credit decisions, and logically defend position.
  • Negotiate on behalf of the bank and the borrower while appropriately balancing risk and shareholder value.
  • Prefer bachelor’s degree in business, finance, economics, or another related field.
  • 5-10 years related experience in a similar lending environment or financial institution.
  • Maintain a current understanding of Bank underwriting guidelines, procedures, policies, and compliance issues. Maintain a working knowledge of regulatory requirements for documentation and regulations relating to SBA lending.
  • Ability to protect and maintain confidential information.
  • Excellent written and verbal communication skills.
  • Excellent organizational skills.
  • Proficiency with personal computers and related software.