1 SBA Business Development Officer Job in Pascagoula, MS
Merchants & Marine Bank is Hiring a SBA Business Development Officer Near Pascagoula, MS
Duties And Responsibilities
- Conduct new business development activities to generate new fee income to meet department and individual goals.
- Prospect, market, structure and originate new SBA 7(a) and USDA Loans
- Identify, refer, and introduce other business opportunities to internal product partners.
- Establish and maintain a network of referral sources able to bring potential SBA borrowers to the bank.
- Obtain complete financial packages from borrowers and prepare submission packages required for credit analysis. Follow up with borrowers to obtain additional information or clarification to ensure timely loan decisions.
- Deliver approved loan packages to borrowers to obtain required signatures and facilitate funding.
- Maintain an in-depth knowledge of SBA products as well as knowledge of competitors and competitive products.
- Understand what differentiates us to develop a unique sales approach that differentiates you in the marketplace.
- Ensure that all activities and work functions comply with compliance requirements, as defined in bank policies and procedures, state/federal laws and regulations and the SBA’s standard operating procedures and the code of Federal Regulations, thus protecting continuous status a s Preferred Lender under the PLP program.
- Stay abreast of current and developing regulations as they apply to the SBA lending area.
- Critically think, formulate, and support credit decisions, and logically defend position.
- Negotiate on behalf of the bank the borrower while appropriately balancing risk and shareholder value.
- Demonstrate a satisfactory understanding of and adherence to Bank operational policies and applicable compliance regulations as they relate to the specific job duties assigned.
- Demonstrate a satisfactory understanding of your duties and responsibilities as it relates to the Bank Secrecy Act (BSA), Anti-Money Laundering Act (AML), Patriot Act, and Office of Foreign Assets Control Regulations (OFAC). This includes participating in any required training and promptly complying with all reporting requirements.
- Demonstrate a satisfactory understanding of and adherence to EEO/AA policy; promote a working environment free of harassment of any type.
- Bachelor’s degree in business finance or related field preferred.
- Documented background in banking/financial institution’s government guaranteed lending program.
- 3 years of SBA related experience.
- Prior knowledge of all government guaranteed lending products including SBA 7(a), SBA Express, SBA Small Loan, SBA 504, and USDA.
- Excellent written, communication, presentation, analytical and organizational skills.
- Effectively partner and communicate with internal departments, and customers
- Ability to work independently and in a team environment
- Demonstrated ability to communicate effectively both orally and in writing.
Job Summary
Full Time
Banking
$82k-106k (estimate)
06/04/2024
07/23/2024
mandmbank.com
OCEAN SPRINGS, MS
100 - 200
1899
MICKEY WILLIAMS
$10M - $50M
Banking
Related Companies
About Merchants & Marine Bank
Merchants & Marine Bank is much more than just your average bank. Established in 1899 and reborn in 1932, Merchants & Marine Bank was organized to help support the families, businesses, and communities of the Mississippi Gulf Coast as they weathered the Great Depression. In the days, months and years that followed we built a reputation of being a friendly, local, dependable, community-focused company. We are incredibly proud of the positive difference we've helped make in the lives of many families, businesses and communities over the years. We are passionate about our core values of Community..., Relationships, and Personal Service. We stand ready to serve you, your business and your community. Whether you need help financing a new business, opening a new deposit account, or supporting a local charity or community event: give us a call. We are confident that you'll appreciate the value of banking with hometown people that you know! Community. Relationships. Personal Service. At Merchants & Marine Bank, the important things haven't changed and they never will.
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The job skills required for SBA Business Development Officer include Communicates Effectively, Written Communication, Presentation, etc. Having related job skills and expertise will give you an advantage when applying to be a SBA Business Development Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by SBA Business Development Officer. Select any job title you are interested in and start to search job requirements.
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