SBA Business Development Officer-Remote

Zytek Medsearch; New York (NY); Remote; USD 90,000 - 100,000; Full time

Job summary

An established industry player is on the lookout for a dynamic Business Development Officer specializing in banking. This pivotal role involves cultivating relationships with small business owners and brokers, originating SBA loans, and driving market penetration. You'll collaborate with the Chief Business Development Officer to develop effective marketing strategies while utilizing Salesforce to manage deal flow. If you have a proven track record in sales and a passion for helping small businesses thrive, this opportunity is perfect for you. Join a team dedicated to empowering entrepreneurs across the nation and make a significant impact in the financial landscape.

Qualifications

• 5+ years of sales experience in financial services.
• Strong SBA industry experience required.

Responsibilities

• Originate SBA loans and develop customer relationships.
• Achieve annual production goals and coordinate funding.

Skills

Sales Experience

SBA Industry Experience

Credit and Commercial Lending Skills

Interpersonal Skills

Business Development Skills

Education

Bachelor's Degree

Equivalent Work Experience

Tools

Salesforce

Job description

Title: Business Development Officer-Banking

Location: Remote, USA

A leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans is seeking a Business Development Officer to join their organization. The Business Development Officer is responsible for oversight of all aspects of Small Business Administration (SBA) customer relationships including business development, risk management, operations, underwriting and relationship management.

Summary of Essential Job Functions

• Originate Small Business Administration (SBA) loans, equipment leasing and Asset-Based Lending (ABL) financing transactions for small businesses nationwide.
• Develop and cultivate relationships with customers and brokers who market directly to small business owners.
• Utilize networking and referrals to generate business leads and identify potential small business owner borrowers.
• Develop and expand market penetration in assigned locations and markets.
• Demonstrate the value of Banks entrepreneurial lending philosophy and its ability to serve the needs of small business owners nationwide.
• Develop marketing and sales strategy in collaboration with the Chief Business Development Officer and Banks marketing group.
• Generate leads, develop completed financing applications, submit loan packages to underwriting and present loan credits to Credit Committee.
• Recognize target market credit opportunities and present funding solutions.
• Obtain customer-signed commitments after loan approval and coordinate the funding of transactions with the Banks Operations Group.
• Achieve annual production goals.
• Active use of Salesforce and other supporting origination systems to support deal flow.

Requirements:

• Bachelors degree or equivalent work experience.
• Five or more years of sales experience in the financial services industry.
• Strong SBA industry experience required
• Proven sales ability in serving the financial needs of Small Business Owners with ability to expand business opportunities.
• Proven production of $20MM+ per year over the previous three years.
• Marketing and risk management experience.
• Strong credit and commercial lending skills.
• Working knowledge of financial statements, cash flow analyses and loan structuring.
• Basic understanding of the SBA Loan Program.
• Exceptional interpersonal, verbal and written communication skills.
• Strong account relationship management and business development/b2b sales skills.
• Active referral network preferred.
• Position may be based in preferred national location.

Note: We are unable to consider candidates located in CA or TX.

Expected salary: 90K-100K OTE: 450K-600K