SBA Product Officer

First Horizon Bank; Nashville (TN); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dynamic SBA Product Officer to enhance relationship opportunities and represent the bank in the community. This role is pivotal in training relationship managers on identifying eligible SBA credits and generating internal referrals. You will actively engage with clients, assess credit quality, and ensure compliance with banking regulations. Join a recognized leader in financial services that values equity and excellence, and contribute to a team dedicated to unlocking potential for clients and communities alike. If you are passionate about banking and community engagement, this opportunity is perfect for you.

Benefits

Medical with wellness incentives

Dental and vision insurance

HSA with company match

Maternity and parental leave

Tuition reimbursement

Mentor program

401(k) with 6% match

Qualifications

• Bachelor's degree required with at least 2 years of experience or equivalent.
• Strong knowledge of SBA regulations and credit guidelines.

Responsibilities

• Prospect for new relationships and train managers on SBA credits.
• Review credit quality and support loan documentation processes.

Skills

SBA regulations knowledge

Credit assessment skills

Communication skills

Relationship management

Education

Bachelor's degree

Tools

Microsoft Outlook

Microsoft Word

Microsoft Excel

Job description

Location: On site at location listed in job posting.

Summary

The SBA Product Officer actively prospects for new relationship opportunities and participates in community affairs to provide representation for the bank. This position will also train FHN relationship managers in the identification of eligible SBA credits to generate internal referrals.

Key Responsibilities Include

1. Review opportunities with FHN Relationship Managers to initially assess credit quality, determine program fit and eligibility.
2. Accompany Relationship Managers on physical or phone calls with SBA 7(a) loan prospects.
3. Support Relationship Manager to clearly communicate program benefits, terms, pricing and process.
4. Work with Relationship Managers, CRA’s and SBA 7(a) loan prospects to obtain necessary loan documentation.
5. Serve as a source of knowledge of SBA regulations, credit guidelines, and secondary market interest rate appetite to Relationship Managers and SBA 7(a) loan prospects.
6. Maintain a presence in the market to aid in the direct origination of SBA opportunities.
7. Establish and maintain an efficient and productive working environment within the department based on continuous and effective staff communication.
8. Achieve established departmental goals within defined timelines, as well as define and implement a measurement of acceptable staff performance in order to safeguard the Bank’s loan portfolio.
9. Responsible for adhering to and complying with all Bank policies and Federal and State banking laws and regulations.
10. Perform all other duties as assigned.

Qualifications Include

1. Bachelor (4-year college) degree.
2. At least 2 years of experience or an equivalent combination of education and experience.
3. Experience with Microsoft Outlook, Word, and Excel.

About Us
First Horizon Corp. (NYSE: FHN), with $82.6 billion in assets as of September 30, 2024, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

Corporate Diversity Commitment:
We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.

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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities