Business Development Officer - Remote
Business Development Officer – Remote (UTAH)
$90,000 - $100,000 (with bonus potential)
Oversee 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 Bank's 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 Bank's marketing group.
- Generate leads, develop completed financing applications, submit loan packages to underwriting, and present loan credits to the 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 Bank's Operations Group.
- Achieve annual production goals.
- Active use of Salesforce and other supporting origination systems to support deal flow.
Requirements
Basic Education and Experience
- Bachelor's degree or equivalent work experience.
- Five or more years of sales experience in the financial services industry.
- Strong SBA industry experience required
Additional Required Skills and Experience
- Proven sales ability in serving the financial needs of Small Business Owners with the ability to expand business opportunities.
- Proven production "SALES" 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 a preferred national location.
Originally posted on Himalayas
This role requires you to be in the United States. If that means relocating or flying in, it is worth checking fares before you commit to a start date.
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