Business Development Officer, Finance - West Region (Vsba)

Who We Are:
VelocitySBA is one of the top SBA lenders in the country, with Preferred Lender status from the US Small Business Administration. As a nationwide lender, VelocitySBA specializes in providing fast, efficient SBA financing to small businesses across the country for almost all business capital needs including commercial real estate, business acquisition, equipment, working capital, and debt refinance.
What’s in it for You:
VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/Business Development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work culture.
What You’ll Do:
The Business Development Officer performs external prospect development activities in their assigned territory. The primary focus is to develop relationships with prospects to increase the overall level of business. The SBA Business Development Officer can operate with a minimum of direction, is able to develop a portfolio of new business relationships and manages a loan portfolio in metro markets.
Required Qualifications:

• 3 years of SBA lending experience with US based bank or non-bank lending institution.
• Bachelor’s degree preferred or equivalent experience.
• Ability to understand financial/credit policies, financial statements and structure credit facilities of targets.
• Ability to maintain efficient workflow.
• Professional speaking and presentation skills
• Full understanding and knowledge of SBA eligibility and guidelines
• Ability to identify and mitigate credit risks.
• Ability to analyze and interpret financial statements, business reports and legal documents.
• Good judgment and problem-solving skills
• Proficient business writing skills

Principal Responsibilities:

• Generate viable SBA 7(a) loan opportunities via external direct and indirect marketing channels and meet annual loan volume and pricing targets.
• Manage loan workflow, financial analysis and closing requirements.
• Determine 7(a) loan eligibility under SBA SOP and general prudent lending practices.
• Responsible for preparing and delivering accurate loan applications and loan prescreen form.
• Update pipeline report and attend weekly pipeline meeting attended by the senior leadership team including the President, Sales Manager, Chief Credit Officer, Credit Administrator, Operation Manager and Closing/Documentation Manager.
• Collaborate with Credit and Closing teams to efficiently process transactions.
• Ensure all loan requests are compliant with the policies and procedures of Crossroads Small Business Solutions and SBA.
• Manage new and existing 3rd party loan agents and ensure the agents meet Crossroads Small Business Solutions and SBA standards.

Physical Requirements:

• Must be able to pass the post offer drug test and background check.

Compensation:

• $80,000-$120,000/year depending on experience

Benefits Velocity Vehicle Group Offers:

• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days
• Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

Health savings account, Health insurance, Dental insurance, Flexible spending account, Paid time off, Vision insurance, 401(k) matching, Employee discount, Opportunities for advancement, Life insurance