Cross River · 16 hours ago
SBA Business Development Officer
United States
Full-time
Remote
Mid Level
$80K/yr - $120K/yr
3+ years exp
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Responsibilities
Client Acquisition: Help Identify early a potential small business loan through the banks networking, referrals, and direct outreach.
Relationship Management: Build and maintain strong relationships with clients, providing ongoing support and advice.
Market Analysis: Conduct market research to identify trends and opportunities in the small business lending sector.
Compliance: Ensure all loan applications and documentation comply with SBA regulations and company policies.
Collaboration: Work closely with internal teams, including underwriting, credit, and legal, to facilitate loan processing and approval.
Reporting: Maintain accurate records of client interactions and loan progress, providing regular updates to management.
Qualification
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Required
3-5 years Accounting background, or a background focused on SBA 7(a) loans being highly preferred.
Familiarity with SBA loan programs and small business financing.
Proficiency in analyzing financial statements and assessing creditworthiness.
Excellent verbal and written communication skills for client interactions and internal collaboration.
Strong negotiation skills to secure mutually favorable loan terms for clients and the lender.
Ability to build and maintain strong relationships.
Understanding of regulatory requirements and compliance related to SBA loans.
Ability to work independently and drive results.
Focused on achieving targets and contributing to business growth.
Collaborative mindset to work effectively with internal teams.
Company
Cross River
Cross River Bank provides technology infrastructure powering the future of financial services.
501-1,000 employees
Funding
Current Stage
Late StageTotal Funding
$908M2023-11-01Secondary Market· undefined
2022-03-30Series D· $620M
2020-05-11Debt Financing· $106M
Leadership Team
Gilles Gade
Founder, Chief Executive Officer, Chairman
C
Christopher Kelm
Chief Compliance Officer and Chief Operating Officer
Recent News
2024-11-02
2024-05-31
Company data provided by crunchbase
