SBA Business Development Officer

MRINetwork; Salt Lake City (UT); On-site; USD 75,000 - 110,000; Full time

Job summary

MRINetwork is seeking a seasoned SBA Business Development Officer to generate SBA loans in the assigned local market. You will develop strategies, call on COIs, brokers, and professional networks to solicit SBA loan opportunities and present the bank's loan capabilities.

You will structure SBA loan proposals, perform initial underwriting, prepare credit packages, and manage the sales life cycle from lead generation to closing, supporting the growth of your sales territory.

Qualifications

• 5+ years of financial services industry experience.
• 3+ years SBA 7a & 504 lending or related 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 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.

Skills

Verbal communication

Written communication

Interpersonal skills

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