Company

StrivectorSee more

addressAddressPhoenix, AZ
type Form of workFull-Time
CategoryRetail

Job description

Job Description

THE JOB
Develop and cultivate new SBA lending opportunities including both 7A and 504 loan programs. The BDO will build and network prospects utilizing both internal and external referral resources and follow up on marketing leads we supply. The positions primary focus includes sourcing and procuring SBA loan products for portfolio growth. The BDO will gather applications, perform financial analysis of required cash flow, and present the package within credit policy requirements. This position will also provide financial counsel to current and prospective customers using our invented and proprietary tools.As aSBA Loan Business Development Officeryour roles and responsibilities will include:
  • Generate new SBA 7a and 504 program loans from small business clients in accordance with established annual goals and objectives.
  • Prescreen loans with knowledge of SBA for proper structure, conformity, and eligibility with respect to the applicable loan program.
  • Identify opportunities to solve client issues by obtaining sufficient information from applicants to analyze the loan request appropriately.
  • Maintain continual dialogue and close working relationship with other bank officers, centers of influence, referral resources, etc.
  • Assist Business Banking team to cross-sell deposit, trade, cash management, asset management and other banking services.
  • Responsible for developing a loan consideration memo for the credit department based on the information received from the prospect.
  • Responsible for assisting client through the end-to-end loan process, assisting internal team members with obtaining all necessary documentation needed to close the transaction, and to follow up on any exceptions or account matters.
  • Responsible for ensuring compliance with all aspects of job-related laws and regulations, including timely, and successful completion of all online or in-person training required by Bank.
  • Participate in community and business functions/groups to provide a positive image for the bank within the marketplace. Establish referral contacts within the community. Attend local COI and SBA functions to establish Bank s presence and cultivate CDC relationships.
DESIRED SKILLS AND EXPERIENCE
Most importantly, you need to be a passionate SBA Loan Business Development Officerwho enjoys his work and is considered to be one of the best within your organization. The ideal SBA Loan Business Development Officerwould be someone with deep experience in many (if not all) of the following:
  • Bachelor s Degree or equivalent experience preferred.
  • Prior relationship management experience
  • Strong Sales experience required
  • SBA 7A and/or 504 experience required
We understand that even if you are a seasonedSBA Loan Business Development Officeryou may not have all the skills listed here. If you are a good at what you do and have a willingness to learn, lets talk.
ADDITIONAL INFORMATION
Compensation: Based on Experience. One of the best in the industry
Minimum Education: Bachelor s Degree or equivalent experience preferred.
Minimum Experience: 2 to 25 years prior business success in SBA Lending/Sales
Type of position: Full time Permanent Position with benefits
Telecommute: No
Location: Phoenix, AZ
Relocation accepted: Yes
Refer code: 8718140. Strivector - The previous day - 2024-03-24 22:10

Strivector

Phoenix, AZ
Popular Business Development Officer jobs in top cities
Jobs feed

FULL TIME - NURSE PRACTITIONER - INPATIENT - $125K+

Northern Arizona Hospitalists

Prescott, AZ

Medical Oncology Scheduler- Full Time

Jennie Stuart Health

Hopkinsville, KY

INFORMATION TECHNOLOGY - GIS INTERN

City Of Lawrence Kansas

Lawrence, KS

Medical Oncology Front Desk Representative-Full Time

Jennie Stuart Health

Hopkinsville, KY

Dentist: Southeast Oklahoma Offering Student Loan and 10 Weeks PTO

Enterprise Medical Recruiting

Lahoma, OK

Data Entry Clerk - 19767

Talentzok

Poway, CA

Cutting Machine Operator

Goodyear Belts By Adventry Corp.

Florida, United States

Physician Leader opportunity for Surgical Specialties

Indiana University Health

Muncie, IN

Share jobs with friends

Related jobs

Sba Loan Business Development Officer

Commercial Lending Business Development Officer (VP/SVP)

Integro Bank

Phoenix, AZ

a month ago - seen

SVP, Business Development Officer, ABL

Banc Of California

Phoenix, AZ

a month ago - seen

VP, Business Development Officer - SBL

Banc of California

Scottsdale, AZ

4 months ago - seen

Administrative Coordinator - Business Development Group

Corporate Office!

Phoenix, AZ

5 months ago - seen