Job Openings Business Development Officer - Remote

About the job 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.