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ConnectOne Bank · 2 weeks ago

SBA Business Development Officer

West Palm Beach, FL

Full-time

Hybrid

Mid Level

$100K/yr - $130K/yr

3+ years exp

ConnectOne Bank is a high-performing commercial bank focused on empowering its employees and supporting small business owners. The SBA Business Development Officer will be responsible for originating SBA 7a, SBA 504, and USDA B&I loans while maintaining a strong commitment to the bank's 'People First' culture and ensuring excellent service to clients.

BankingFinanceFinancial Services

Responsibilities

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

Qualification

SBA 7a loansSBA 504 loansUSDA B&I loansFinancial AnalysisConsultative sellingSBA Standard Operating ProcedureBank security practicesFederal banking regulationsState banking regulationsSoft skills