What are the responsibilities and job description for the Business Development Officer position at JCT Recruiting LLC?
Business Development Officer
This is a Remote Position: Must have a minimum of 4-5 years of experience selling SBA 7a and SBA 504 loans.
Job Summary
The Business Development Officer is responsible for overseeing all aspects of Small Business Administration (SBA) customer relationships, including business development, risk management, operations, underwriting, and relationship management.
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.
You can use 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 the Bank’s entrepreneurial lending philosophy and its ability to serve the needs of small business owners nationwide.
Develop marketing and sales strategy with the Chief Business Development Officer and the Bank’s marketing group.
Generate leads, develop completed financing applications, submit loan packages to underwriting, and present loan credits to the Credit Committee.
Please look at the 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 help 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 to serve the financial needs of small business owners and 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.
Salary : $20
