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ConnectOne Bank

SBA Business Development Officer

ConnectOne Bank, Melville, New York, us, 11775

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SBA Business Development Officer

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ConnectOne Bank

Submit your CV and any additional required information after you have read this description by clicking on the application button. 3 weeks ago Be among the first 25 applicants Join to apply for the

SBA Business Development Officer

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ConnectOne Bank Get AI-powered advice on this job and more exclusive features. About us

About us:

ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact. ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission. People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”. ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation. About this role The primary responsibility of the SBA Business Development Officer (BDO) is the origination of SBA 7a, SBA 504 and USDA B&I loans consistent with Bank policy and program guidelines. The BDO will source SBA 7a, SBA 504 and USDA B&I loans through their respective COIs and referral sources while benefiting from the Bank’s broader marketing initiatives. Full time employees classified as SBA Business Development Officers are eligible to participate in the SBA Business Development Officer (BDO) Compensation Plan. In this role you will

Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”. Originate SBA 7a, SBA 504 and USDA loans consistent with Bank policy and SBA Standard Operating Procedure (SOP) or USDA guidelines. Work closely with the SBA team’s analysts, loan packagers and closers to ensure a seamless and efficient process. Pre-screen leads for SBA eligibility and general creditworthiness per CNOB loan policy and SBA SOP. Use sound judgment and to keep the Bank's best interest in mind when making decisions. Decisions should be well supported by facts and Borrower representations should be supported by proper documentation and due diligence. Specific areas of focus should include, but are not limited to, SBA loan eligibility, SBA loan structure, creditworthiness, character assessment, and loan documentation. Negotiate terms acceptable to the client and to CNOB. Maintain transaction pipeline. Communicate effectively with internal stakeholders, attorneys and third-party vendors. Must haves

Strong “People First” interest and ability. Financial Analysis/Cash Flow Lending. Knowledge of SBA Standard Operating Procedure. Consultative selling. Knowledge of Bank security and safety practices. Knowledge of relevant Federal and State banking regulations. Bonus Points For

Formal Bank Credit Training. 3-5 years of commercial lending experience. Benefits

World class health, vision, and dental benefits on day one 401k with employer match Hybrid work from home (depending on role) Employee appreciation events (team building, softball games, food truck days, etc.) Employee assistance programs (EAP) Wellness programs (flu shot, preventive care, health programs and services discounts, etc.) Tuition reimbursement Employee Discount perks CNOB Community Service Events Salary Description: $100,000-$130,000 Seniority level: Mid-Senior level Employment type: Full-time Job function: Business Development and Sales Industries: Banking

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