Business Development Officer - SBA

Hanoverbank; Hanover (York County); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Medical, Dental, Vision insurance

Company-paid Life Insurance

401(k) Plan with Company Match

Paid Personal Time Off (PTO)

Annual Performance Bonuses

Job summary

Hanover Bank is seeking a full-time Business Development Officer – SBA in the United States. The role involves selling SBA products to small businesses and structuring complex SBA deals. Responsibilities include sourcing deposits, maintaining pipeline reports, and cross-selling new products. The ideal candidate will have a minimum of 5 years of SBA or related experience and a comprehensive understanding of SBA 7a, 504, and USDA. Benefits include medical insurance, retirement plans, and paid time off.

Qualifications

• Comprehensive knowledge and understanding of SBA 7a, 504, and USDA.

Responsibilities

• Source deposits and lending relationships to achieve growth goals.
• Maintain pipeline reports and ensure compliance.
• Cross-sell new products and solicit customer feedback.

Skills

Ability to work under pressure

Independent work capability

Excellent verbal and written communication skills

Education

Minimum of 5 years of SBA or related experience

Job description

Location: New York, New Jersey, Connecticut, or Pennsylvania‑based remote position

Job Summary

Hanover Bank is looking for a full‑time Business Development Officer – SBA to join our team. The BDO will sell SBA Products to the small‑business marketplace. This individual will understand how to structure the most complex SBA deals and have deep knowledge of SBA 7a, 504, and USDA. This role will also originate structure price‑eligible SBA loan opportunities for the Bank.

Essential Job Duties and Responsibilities

• Source deposits and lending relationships on behalf of the Bank in support of achieving the Bank’s annual growth goals.
• Diligently maintain pipeline reports using the Bank’s IT systems and support the timely collection and accurate review of documents required from borrowers for the Bank to issue term sheets and submit loan requests for underwriting.
• Cross‑sell new products to the Bank’s existing customers.
• Solicit customer feedback and assess the Bank’s competition to inform new product development.
• Work proactively to strengthen the Bank’s relationship with customers by responding to inquiries and communicating with referral sources and/or customers to ensure the highest level of customer satisfaction possible.
• Constantly and proactively assists the Director of Sales, SBA & USDA Banking Team with refining the loan origination and deposit production processes to assist the Bank with maximizing the efficiency of its operations and the satisfaction of its customers.
• Ensure that work is within SBA SOP compliance.
• Develop a complete banking relationship with banking borrowers, to include deposit accounts.
• Represent the Bank at trade shows and events, as applicable.
• Perform other duties as assigned.

Education and Experience

• Minimum of 5 years of SBA or related experience
• Comprehensive knowledge and understanding of SBA 7a, 504, and USDA

Skills and Abilities

• Ability to work under pressure to meet the demand of high‑pressure sales goals for SBA Lending
• Ability to work independently
• Excellent verbal and written communication skills

Benefits

• Medical, Dental, Vision insurance
  • with HSA, FSA, and Commuter Benefits options
• Company‑paid Life Insurance and Accidental Death & Dismemberment (AD&D)
• Company‑paid Long‑Term Disability Insurance
• Voluntary Benefits
  • Additional Life and AD&D Insurance for employee, spouse, and dependents
  • Voluntary Short‑Term Disability Insurance
  • Legal Services Plan
  • Hospital Indemnity Insurance
  • Cancer Care Insurance
• Retirement
  • 401(k) Plan with Company Match
• Time Off & Recognition
  • Paid Personal Time Off (PTO)
  • Paid Company Holidays
  • Annual Performance Bonuses
  • Annual Salary Increases
• Employee Engagement
  • Employee Contests and Recognition Programs

Equal Opportunity Employer

Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.