SBA Business Development Officer

MRINetwork; St. Louis (MO); On-site; USD 90,000 - 120,000; Full time

Job summary

MRINetwork in St. Louis is seeking a seasoned SBA Business Development Officer to generate new SBA loans in the local market.

You will develop strategies to originate SBA loans, call on COIs, brokers, real estate professionals, and other referral sources to solicit opportunities, and present the bank's loan capabilities. You will structure SBA loan proposals, perform initial underwriting, and prepare credit packages, owning the sales life cycle from lead generation to loan closing in the

Qualifications

• 5+ years of financial services industry experience.
• 3+ years of SBA 7(a) & 504 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

• Generates new SBA loans in the 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, 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 experience

Financial services experience

Networking with COIs & brokers

Communication skills

Underwriting / credit evaluation

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