SBA Business Development Officer

Getevolved

Memphis (TN)

On-site

USD 85,000 - 120,000

Full time

14 days+
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Job summary

Getevolved seeks a SBA Business Development Officer to work with the National Sales Manager and SBA Loan Coordinator to develop and process SBA 7a, 504 and USDA loan opportunities in the Memphis market. You will take and process applications from referrals and direct prospects, managing deals through credit and closing.

You will coordinate SBA loan applications and provide complete packages to SBA credit or secondary market underwriters, ensuring timely, accurate processing and adherence to SBA

Qualifications

  • Minimum 5 years of SBA experience.
  • SBA underwriting, financial analysis and SBA regulations knowledge.
  • Proficient with Word, Excel, Outlook and related software.
  • Strong verbal and written communication skills.
  • Well organized with multitasking and attention to detail.
  • Ability to prioritize and work under pressure.
  • Team player who adapts to change.
  • Capable of managing multiple projects and deadlines in a fast-paced environment.

Responsibilities

  • Work with referral sources and direct prospects to identify, qualify and package SBA & USDA loans.
  • Have working knowledge of SBA underwriting criteria.
  • Effectively manage identified deals from the field to Denver operations center.
  • Provide complete loan packages to SBA Credit or Secondary Market underwriters.
  • Assist closers with loans funded by investors and interim closings.
  • Develop and manage loan referrals from qualified mortgage and business brokers.
  • Pre-quali fy, propose, package and assist credit and closing with 7a & 504 loan packages.
  • Multitask and meet critical deadlines.
  • Keep management informed of current activities and significant issues.
  • Ensure a clean, secure and well-maintained work area.

Skills

SBA experience
SBA underwriting
Financial analysis
Microsoft Word
Excel
Outlook
Communication skills
Multitasking

Tools

Microsoft Word
Microsoft Excel
Outlook

Job description

The SBA Business Development Officer (BDO) will work closely with the National Sales Manager and SBA Loan Coordinator to effectively develop and process SBA 7a, 504 and USDA loan opportunities in their respective markets. The BDO would take and process SBA 7a, 504 and USDA loan applications from various referral sources and direct prospects and manage deals through the credit and closing process. Must be able to coordinate SBA loan applications and provide the SBA credit department with complete packages. Knowledge of the credit, packaging and closing process and procedures is necessary to effectively manage deal flow.

Main Job Tasks and Responsibilities
  • Work with referral sources and direct prospects to identify, qualify and package SBA & USDA loans.
  • Have working knowledge of SBA underwriting criteria.
  • Effectively manage identified deals from the field to Denver operations center.
  • Exhibit ability to provide complete loan packages to Evolve SBA Credit or Secondary Market credit underwriters.
  • Assist Evolve SBA Closers or Secondary Market closers with loans funded by investors and/or interim loan closings.
  • Develop and manage loan referrals from qualified mortgage and business brokers.
  • Pre-qualify, propose, package and assist credit and closing with 7a & 504 loan packages from mortgage and business brokers.
  • Be able to multitask and meet critical deadlines.
  • Keep management informed of current activities and significant issues.
  • Ensure work area is clean, secure and well maintained.
Education and Experience
  • Minimum 5 years of SBA experience.
  • Knowledge of SBA underwriting, financial analysis and SBA regulations.
  • Skilled with Microsoft Word, Excel, Outlook and related software applications.
  • Good verbal and written communication skills.
  • Well organized; ability to multitask; attention to detail.
  • Ability to prioritize and work well under pressure.
  • Must be able to work in a team environment and adapt to change.
  • Ability to manage multiple projects and deadlines simultaneously in a fast-paced environment, high production, professional environment.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.

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