What are the responsibilities and job description for the SBA Business Development Officer position at Capital Community Bank?
The SBA Business Development Officer will be responsible for finding and closing SBA and USDA loans in alignment with the bank's strategic direction.
Responsibilities-
As an SBA Business Development Officer, you will:
- Primary focus is to find and close SBA and USDA loans.
- Provide SBA expertise to clients on structuring and prescreening the opportunity and collecting a complete package ready for underwriting submission.
- Develop and maintain a center of influence and referral source database that will aide in generating new business through prospecting outside the bank network as well as inside. Making in-person calls on prospects and clients.
- Foster new and expand existing client relationships through cross-selling products and services including treasury management, deposit accounts, consumer and commercial loan products, etc.
- Stay up to date on SBA and USDA B&I program changes by attending periodic trainings and attending local SBA/USDA and community functions.
Specifications-
Ideal candidates will have previously been in a role similar to a SBA business development officer or SBA Loan Officer. Candidate to have vast experience with SBA Credits of all types, including business acquisitions, real estate construction and acquisition, equipment, working capital, and debt refinance transactions.
- Minimum 7 years SBA banking experience preferred. Preferred recent experience in SBA 7a and SBA 504 underwriting/lending.
- Bachelor's degree in finance, Accounting, Economics and/or equivalent experience preferred.
- Knowledgeable and experienced in SBA 504, SBA 7a, SBA Express RLOC and USDA B&I loans including eligibility, loan structuring, understanding key credit risks, and have a thorough knowledge of the SBA and USDA (SOP) standard operating procedures.
- Advanced working knowledge of accounting principles, tax return analysis and analytical interpretation of balance sheet and income statement analysis and cash flow.
- Strong oral and written communication skills. Demonstrated effective customer service skills.
- Strong working knowledge of Microsoft Excel and Microsoft Word
Ideal candidates for this position should possess some or all of the following skills:
- Passionate and motivated self-starter.
- Good interpersonal and research skills
- Ability to communicate well with others and speak in front of large groups.
- Strong work ethic and ability to complete work accurately and timely
- Ability to think logically in order to analyze situations and make sound decisions
- Ability to handle multiple tasks simultaneously
Benefits:
In addition to your competitive base salary, we also offer an attractive incentive program, generous benefits package that includes health insurance, 401k with employer match, paid time off, life and long-term disability coverage and more.
We are an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.