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WorldBridge Partners - Leaders in Recruiting and Executive Search

SBA Business Development Officer

WorldBridge Partners - Leaders in Recruiting and Executive Search, Nashville, Tennessee, United States

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This range is provided by WorldBridge Partners - Leaders in Recruiting and Executive Search. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range

$100,000.00/yr - $120,000.00/yr Direct message the job poster from WorldBridge Partners - Leaders in Recruiting and Executive Search Sr. Executive Search Consultant at WorldBridge Partners - Leaders in Recruiting and Executive Search

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SBA Business Development Officer (multiple cites needed) *This financial institution offers SBA Variable and fixed product 7a & 504 loans* *Lender is PLP status* *This is a self sourcing and broker paid by lender to 1% position* Position Summary: The Small Business Administration (SBA) Business Development Officer is responsible for developing, soliciting, and promoting new SBA loans independently by working and maintaining relationships primarily with outside referral partners. The role will be responsible for developing and maintaining strong relationships with SBA oriented centers of influence, generate new loan applications, negotiate terms, prepare loan proposals, present complete credit requests to executive management, assist with closing approved loans and maintain a working relationship with current and potential borrowers. Job Function 1:

Client Consultation & Service - 50% Prospect, structure and originate new SBA 7(a) & 504 loans. Obtain complete financial statements and other required documents from prospective borrowers. Assists with detailed analysis of financial data to determine whether proposed application meets lending criteria outlined in the bank’s business banking policy and procedures. Prepares and submits complete SBA loan packages for credit approval through the bank’s SPARK SBA workflow platform. Present loan for approval using the bank’s established credit policy and procedures. This includes structuring the loan for sale on the secondary market, if applicable. Generate and close a minimum of $10 million in SBA 7(a) loans each calendar year. Goals may change at bank’s discretion. Maintains and applies a thorough understanding of the bank’s credit policy, SBA eligibility, and all necessary practices to ensure the submission of accurate and complete loan packages. Job Function 2:

Development and maintenance of targeted referral sources and direct SBA clients - 30% Place calls to prospective clients to discuss their financial needs and objectives by making outside sales calls, channel contacts, and through other forms of network building. Actively represent the financial institution in the marketplace by establishing a network of influencers, active involvement in community organizations (i.e. Chamber, Rotary, industry trade groups, etc.) and participation in networking organizations. Utilize CRM software to track new opportunities and schedule prospecting follow-up communication. Job Function 3:

Professional & Personal Development - 20% Maintain an advanced level of knowledge encompassing the financial services industry, stay current on trends that impact the financial institution relevancy in its competitive space. Maintain a current expert level knowledge of changing SBA Standard Operating Procedures Assume responsibility for career growth and development. Actively pursue continuing education, reading, and self-development to enhance skills. Build solid working relationships with team members, acting as a resource for others including a commitment to professional development of personal financial guides, business advisors, and associates. Position Requirements: Qualifications: Bachelor’s degree in Business, Finance or related field or equivalent work experience required. Minimum 5 years of Business/Commercial lending experience, along with credit underwriting and credit administration. Minimum of 3 years of SBA specific sales experience. Demonstrated expert level knowledge of SBA Standard Operating Procedures. Demonstrated expertise in assessing a client’s financial needs and making proactive recommendations. Demonstrated ability to deliver solutions in a team based approach. Previous experience utilizing CRM software to track and manage sales opportunities. Demonstrated record of proven sales ability and client service abilities. Demonstrated ability to present to business leaders and executives. Proven written and verbal communication skills. Established interpersonal and negotiating skills. Personal Characteristics: Self-motivated with demonstrated initiative, creativity and enthusiasm to develop sales strategy, prospects and client relationships. Effective communication skills and willingness to work with a team. Strong organizational and time management skills. Ability to manage multiple phases of the sales process. Passionate about serving clients to positive impact their financial wellness. Proven problem-solver. Ability to manage the stressful nature of the work and maintain professional composure, attitude, and behavior at all events. COMPENSATION: The base salary ranges from $100K - $120K. The salary is based upon years of experience. There is also an annual bonus. There is commision with this position. Seniority level

Seniority level Not Applicable Employment type

Employment type Full-time Job function

Job function Business Development, Consulting, and Finance Industries Banking, Financial Services, and Business Consulting and Services Referrals increase your chances of interviewing at WorldBridge Partners - Leaders in Recruiting and Executive Search by 2x Inferred from the description for this job

Medical insurance Vision insurance 401(k) Child care support Paid maternity leave Student loan assistance Disability insurance Paid paternity leave Tuition assistance Pension plan Get notified about new Business Development Officer jobs in

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