SBA Loan Origination & Growth Specialist

First Merchants Bank; Wisconsin; On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Base Pay PLUS Bonuses

Medical, Dental, and Vision Insurance

401k

Health Savings and Flexible Spending Accounts

Vacation/Sick Time

Paid Holidays

Paid Parental Leave

Tuition Reimbursement

Additional Benefits

Job summary

First Merchants Bank is seeking an SBL Business Development Officer in Wisconsin. The role involves managing a portfolio of SBA loans, establishing referral relationships, and ensuring compliance with credit guidelines. Candidates should have a Bachelor's degree and at least five years of experience in originating SBA loans. Strong communication and networking skills are crucial. Benefits include base pay plus bonuses, insurance options, 401k, and paid parental leave.

Qualifications

• Bachelor's degree in Business, Finance, Accounting, or relevant field, or equivalent related experience.
• Five or more (5+) years successfully originating SBA loans required.
• Excellent sales acumen / ability to market and network.
• Understanding of SBA SOP and loan eligibility requirements.
• Ability to spread loans, appropriate credit underwriting knowledge.
• Strong communication skills, and client service orientation.

Responsibilities

• Identify and cultivate relationships with external referral sources to maintain a consistent pipeline of high-quality new SBA loan transactions.
• Tell the SBL story while highlighting competitive advantages in the marketplace.
• Actively manage pipeline, following up on new leads in a timely manner and providing detailed feedback to prospective borrowers.
• Understand and have working knowledge of FMB-SBL credit guidance.
• Assemble standard loan packages; prepare income‑statement‑only spread and brief credit memo for each loan.
• Work with prospective borrowers to collect required documents.
• Work with borrowers to address any character issues.
• Participate in initial 'kick‑off' call with borrower and Underwriter for each loan.
• Assist Underwriters and Closers to gather required documentation.
• Maintain positive, productive relationships with clients and stakeholders.
• Comply with all regulations and compliance requirements.

Job description

First Merchants Bank is seeking an SBL Business Development Officer in Wisconsin. The role involves managing a portfolio of SBA loans, establishing referral relationships, and ensuring compliance with credit guidelines. Candidates should have a Bachelor's degree and at least five years of experience in originating SBA loans. Strong communication and networking skills are crucial. Benefits include base pay plus bonuses, insurance options, 401k, and paid parental leave.