What are the responsibilities and job description for the SBA BUSINESS DEVELOPMENT EXECUTIVE position at Unity Bank?
Position Summary
The SBA Business Development Executive develops contacts and generates leads to sell SBA loan products to potential and existing customers. The incumbent screens and evaluates new loan requests, packages the required loan documentation, and completes the initial draft of loan proposals for submission to the credit department. The SBA business development executive develops centers of influence and promotes the Bank's presence in the community.
Essential Functions
- Solicit new SBA 7(a), SBA Express, and SBA 504 loan requests from existing and prospective customers and intermediaries such as attorneys, accountants, loan brokers and other professionals.
- Interview loan applicants; collect and analyze financial data to determine the general creditworthiness of the applicant.
- Establish and negotiate the terms and conditions under which credit will be extended.
- Evaluate and structure loan requests.
- Package and submit required loan documentation.
- Prepare and submit draft loan proposals.
- Assist the credit and closing departments in obtaining required documentation to facilitate timely closings.
- Cross-sell other Unity Bank products and business partner services.
- Monitor and report assigned loan portfolio activity to management as required by Unity Bank policies and procedures.
- Complete other reporting requirements as directed by management.
- Maintain active membership in outside organizations (i.e. Rotary, Lions, Chamber of Commerce, etc.), creating centers of influence that positively promote Unity's presence in the communities it serves.
- Assist other departments (ex. collections, retail) of Unity Bank as requested by management.
- Travel locally within NJ and PA as necessary to attend business meetings; social and networking events; and bank-sponsored events within assigned region(s).
Education and Experience
Licenses and Certifications
Knowledge, Skills, and Abilities
Physical Requirements
Working Conditions
Compliance
All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.
This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains at will employment.
This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods, or otherwise balance the workload.
Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin / nationality, ancestry, religion / religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.
Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.
