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The Bancorp · 8 hours ago

VP SBL Business Development Officer I (Remote)

United States

Full-time

Remote

Mid, Senior Level

$95K/yr - $115K/yr

5+ years exp

The Bancorp is a financial institution seeking a VP SBL Business Development Officer I to originate business suitable for loan generation. The role involves managing client relationships, performing financial analysis, and generating new loans from small business clients.

BankingFinancial ExchangesFinancial ServicesPayments

Hiring Manager

Copeland Bain

Responsibilities

Generates new Small Business Administration (SBA), Express, 504, and USDA loans from small business clients in accordance with established annual goals and objectives. Originates new paid and non-paid referrals and face-to-face contacts

Identifies main client groups and audiences, determine the best way to communicate information to them, and develop and implement a communication plan

Manages client relationship on originated loans through closing. Makes periodic site visits to clients, within defined market region, to assist Portfolio Management Group and to provide compliance with Annual Review Documentation from borrowers. Cross-sells bank services to existing loan relationships and manage relationships

Pre-screens loans with knowledge of SBA and USDA for proper structure, conformity, and eligibility with respect to the applicable loan program. Follows up on any exceptions or account matters

Gathers complete underwriting packages, and present for acceptance Commitment Letter with clients. Assists team with obtaining from clients the documentation required to close the transaction

Works with Small Business Lending division on all loan submissions, presentations and qualification matters. Manages client relationship and expectations of new accounts by taking loan applications, attending closings and providing customer service. Works with borrower/applicant to facilitate convert loan opportunities . Acts as primary liaison with the client and handle any issues/problems. Participates Loan Committee presentations

Participates 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. Maintains strong working relationships with referral contacts. Educates clients of advantages and create brand recognition in the market . Attends local SBA functions to establish Banks presence and cultivate CDC relationships

Perform other duties as assigned