SBA Business Development Officer develops and structures loans and markets other banking products and services to Small Business Administration (SBA) eligible small and medium sized businesses. Reviews required customer financial information and coordinates with SBA to provide a lending solution for the customer. Being a SBA Business Development Officer structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Requires a bachelor's degree. Additionally, SBA Business Development Officer typically reports to a manager or head of a unit/department. The SBA Business Development Officer works on projects/matters of limited complexity in a support role. Work is closely managed. To be a SBA Business Development Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Summary:
The Business Development Officer (BDO) identifies, acquires and grows new loan and deposit relationships primarily with business customers. Prospective customers will be primarily self-sourced or come from external referral sources, including Centers of Influence. The BDO creates sales opportunities and will partner with loan or other officers to cross sell appropriate business products and services and assist with onboarding customers.
50% - Call on potential and existing customers regularly to develop and maintain business. Attend functions and meetings related to the bank.
25% - Continue with the development and implementation of any new and existing loan programs within the bank. Keep current on laws and regulatory changes and the various loan programs. 15% - Provide excellent customer service for all customers. Handle and resolve customer service issues, complaints and/or problems in a satisfactory manner.
10% - Increase the existing commercial loan portfolio by $2.5MM.
Required Qualifications:
Desired Qualifications:
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0 SBA Business Development Officer jobs found in Midland, TX area