SBA Business Development Officer

Truliant Federal Credit Union; Matthews (NC); Remote; USD 50,000 - 90,000; Full time

Job summary

Join a forward-thinking organization as an SBA Business Development Officer, where your expertise in SBA products will empower small businesses. In this fully remote role, you'll facilitate loan requests, develop relationships, and manage portfolios, all while making a positive impact on the community. Enjoy a supportive environment that values your contributions and offers growth opportunities. With a commitment to member service, this position is perfect for those passionate about helping others achieve their financial goals. Apply now to be part of a team that truly cares about its members and teammates alike.

Benefits

No-cost employee Medical, dental, vision coverage

Prescription benefits

Paid holidays and Paid Time Off (PTO)

401(k) plan with contribution matching

Paid community involvement volunteer hours

Paid group life insurance

Teammate loan discounts

Tuition reimbursement

Short and long-term disability

Health & Wellness program

Qualifications

• 3-5 years' experience in SBA lending required.
• Bachelor's degree or equivalent experience in Business or Finance.

Responsibilities

• Facilitates business loan requests from members and nonmembers.
• Develops contacts to generate Member Business Loans.
• Manages ongoing portfolio and grows member business relationships.

Skills

SBA eligibility knowledge

Communication skills

Presentation skills

PC skills (MS Excel, Word)

Time management

Organizational skills

Detail-oriented

Education

Bachelor's degree in Business or Finance

Master's degree (preferred)

Job description

SBA Business Development Officer page is loaded

SBA Business Development Officer

Apply remote type Fully Remote locations Matthews, NC time type Full time posted on Posted 7 Days Ago job requisition id R753

Truliant’s mission is to improve lives by putting our members first, providing great service and straightforward financial solutions. Our core values of Member Focus, Service, Guidance, Relationships, and Community define how we interact with members to fulfill our mission of improving lives and providing a foundation on which we conduct ourselves.

Our Promise to Our Teammates: Truliant strives to provide all teammates with an enjoyable place to work where they feel valued, empowered and rewarded for all that they do.

Purpose of the Job

The SBA Business Development Officer is considered an expert on SBA products and delivers the Credit Union’s business products and services to existing and new Credit Union members as available within established guidelines, with a concentration on Truliant’s Small Business Administration (SBA) program. The main goal is to provide financing proceeds to our member/borrowers for working capital, business acquisition or refinancing on existing debt, utilizing the various governmental support programs available to the Credit Union.

Essential Functions and Responsibilities

• Facilitates routine business loan requests by both members and nonmembers, from information gathering, credit evaluation/underwriting, and loan documentation to loan closing and trailing document follow-up.
• Develops contacts and leads in order to generate Member Business Loans using such programs as Small Business Administration (SBA) loan financing for small businesses. Develops loan packages, runs credit reports, and gathers pertinent financial information.
• Performs ongoing portfolio management including growing member business relationships, monitoring and loan collections.
• Develops and implements calling effort for both business members and nonmembers, focusing on new relationship creation, relationship expansion and external referral sources. Generates leads through cold calling and existing contacts and internal partners to develop loans and deposits.
• Develops and maintains relationships with branch Staff within designated geographic area for support and referrals of SBA lending leads.
• Contributes to creation of complex credit memos and assists in making presentations for larger loan requests to the SBA Underwriter, Director, SBA Lending, and/or Member Business Loan Committee for approval.
• Prepares checklists and appropriate documents for submission to the SBA processing center.
• Delivers, upon approval, commitment letter and goes over details of entire program.
• Signs members/borrowers up for closings and is responsible for all facets of the loan.
• Provides community service by participating in community activities as a representative of Truliant Credit Union.
• Assists with analysis/design of new business services products.

Other Duties and Responsibilities

• Assists with other tasks and projects as assigned.

Knowledge, Skills, and Abilities

• Must have strong knowledge and understanding of SBA eligibility, lending rules, regulations, and practices.
• Must have excellent communication skills in English, both verbal and written.
• Must have strong presentation skills.
• Must have strong PC skills, with intermediate knowledge of MS Excel and Word.
• Must have the ability to work with people at different job levels ranging from Senior Managers to front line employees.
• Must have ability to understand all business processes within the credit union.
• Must be detail oriented, with excellent time management and organizational skills.
• Must be able to work in a general office environment.
• Must be flexible and able to shift resources and priorities as required.
• Must be able to complete all assignments with minimal supervision.
• Should possess a strong commitment to providing excellent service to Truliant’s members.

Physical Requirements

• Occasional standing, walking, bending, and stooping required.
• Must be able to sit at a desk for long periods of time and use a computer.
• Must be able to moderately lift or move up to 5 pounds and occasionally lift or move up to 10 pounds.

Education and Background

• Bachelor’s degree or equivalent experience in Business, Finance, or related field required; Master’s degree preferred.
• 3-5 years’ experience in SBA lending required.
• Previous experience in financial services/business development related field preferred.

If you have a passion for member service and would like to invest in a meaningful career with opportunity for growth, we encourage you to apply to Truliant!

As a member of the Truliant family, you will enjoy the following full time benefits:

• No-cost employee Medical, dental, vision coverage.
• Prescription benefits (including mail order).
• Paid holidays and Paid Time Off (PTO).
• 401(k) plan with contribution matching.
• Paid community involvement volunteers hours.
• Paid group life Insurance.
• Teammate loan discounts.
• Tuition reimbursement.
• Short and long-term disability.
• Health & Wellness program.
• Teledoc (physician video conferencing).
• Onsite fitness facilities or health club reimbursement.
• Employee Assistance Program (EAP).
• Medical flexible spending account.
• Dependent care flexible spending account.