Sr Business Development Manager (SBL) jobs in United States
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LendingClub · 3 months ago

Sr Business Development Manager (SBL)

LendingClub Corporation is the leading digital marketplace bank in the U.S., dedicated to helping members achieve their financial goals. The Sr Business Development Manager will originate commercial loans using SBA and USDA programs, manage client relationships, and ensure compliance throughout the loan process.

Consumer LendingCreditFinanceFinancial ServicesFinTechLendingPeer to PeerPersonal Finance

Responsibilities

Originate new loans to qualified businesses as defined in the US SBA and the USDA B & I Program
Originate SBA and USDA loans from small business clients in accordance with established annual goals and objectives
Originate new business through paid and non-paid referrals and direct customer contacts
Identify and develop or expand referral relationships to source client/loan opportunities
Work with GGL division team members on all loan submissions and qualification matters, including obtaining from clients all necessary documentation needed to close the transaction
Manage client relationships and expectations of new accounts by taking loan applications and providing ongoing customer service
Act as primary liaison with the client and handle any issues/problems promptly
Maintain and build open communication for the duration of the loan cycle
Prescreen loans with knowledge of SBA and USDA for proper structure, conformity, and eligibility with respect to the applicable loan program
Follow-up on any exceptions or account matters
Manage client relationships on originated loans from application to loan closing
Make periodic site visits to SBA clients within defined market region to assist the Portfolio Management Group and to provide compliance with Annual Review Documentation from borrowers
Cross-sell bank services to new and existing loan relationships and manage relationships, as required
Participate in community and business functions/groups to provide a positive image for the bank within the region’s marketplace
Establish referral contacts within the community
Maintain strong working relationships with referral contacts
Educate clients of advantages and create brand recognition in the market
Attend local SBA functions to establish Banks presence and cultivate CDC/USDA relationships

Qualification

SBA lending experienceFinancial analysisLoan structuringMarketing experienceBusiness developmentActive COI NetworkInterpersonal communicationVerbal communicationWritten communication

Required

6+ years of SBA lending experience, and bachelor's degree or an equivalent combination of training and experience
Experienced in marketing, sales, and business development
Have an active COI Network to source SBA & USDA opportunities to fit either program
Excellent verbal, written, and interpersonal communication skills
Have strong working knowledge of financial analysis including cash flow, balance sheet, financial ratios, collateral, and economic and industry analysis
Have general knowledge of loan structuring and loan pricing to manage ROI for the loans generated

Benefits

Medical, dental and vision plans for employees and their families
401(k) match
Health and wellness programs
Flexible time off policies for salaried employees
Up to 16 weeks paid parental leave

Company

LendingClub

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Since our founding in 2007, we have transformed the banking industry by bringing a traditional credit product - the installment loan - online and we’ve been on the fast track ever since.

Funding

Current Stage
Public Company
Total Funding
$392.23M
Key Investors
Kleiner PerkinsUnion Square VenturesFoundation Capital
2017-04-09Post Ipo Equity
2014-12-11IPO
2014-08-22Series Unknown

Leadership Team

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Scott Sanborn
CEO
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Drew LaBenne
Chief Financial Officer
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Company data provided by crunchbase