SBA Business Development Officer

MRINetwork; Ontario (CA); On-site; USD 90,000 - 140,000; Full time

Job summary

MRINetwork seeks an seasoned SBA Business Development Officer for a national financial institution. This role is responsible for generating new SBA loans in an assigned local market and for driving the bank's SBA growth.

You will develop strategies to originate SBA loans, call on brokers and professional partners, present the bank’s loan capabilities, structure proposals, and coordinate underwriting to deliver complete credit packages and sustain territory success.

Qualifications

• 5+ years of financial services industry experience.
• 3+ years of SBA 7a & 504 lending, or related lending experience.
• Excellent verbal, written, and interpersonal communication skills.
• Knowledge of underwriting or evaluating commercial credit.
• Established network of COIs and brokers in the local market.

Responsibilities

• Develops strategies to originate SBA loans in the marketplace.
• Calls on and develops a referral network with brokers, associations, accountants, lawyers, etc. to solicit SBA loan opportunities.
• Presents the bank's loan capabilities.
• Structures SBA loan proposals, completes initial underwriting and prepares credit package.
• Responsible for the success and growth of assigned sales territory.
• Responsible for the sales life cycle, including lead generation and sourcing, loan policies and structure, product knowledge and financial analysis.

Skills

SBA lending

Financial analysis

Networking

Credit evaluation

Communication

Job description

Excellent opportunity for a seasoned SBA Business Development Officer with a very successful national financial institution.

Responsible for generating new SBA loans in an assigned local market.

• Develops strategies to originate SBA loans in the marketplace.


• Calls on and develops a referral network with commercial real estate brokers, business brokers, business/professional associations, accountants, lawyers, etc. to solicit SBA loan opportunities.


• Presents the bank's loan capabilities.


• Structures SBA loan proposals, completes initial underwriting and prepares credit package.


• Responsible for the success and growth of assigned sales territory.


• Responsible for the sales life cycle, including lead generation and sourcing, loan policies and structure, product knowledge and financial analysis.

REQUIREMENTS:

• 5+ years of financial services industry experience


• 3+ years of experience in SBA 7a & 504 lending, selling business related financial services products, or a combination of both


• Excellent verbal, written, and interpersonal communication skills


• Knowledge and understanding of underwriting or evaluating commercial credit


• Established network of COIs and brokersin the local market