Cross River · 1 day ago
SBA Business Development Officer
Cross River builds the infrastructure behind the world’s most innovative financial products. The BDO or Loan Officer role is responsible for identifying, developing, and maintaining relationships with small business clients seeking financing through the SBA 7(a) loan program.
BankingFinancial ServicesFinTech
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
Required
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
Preferred
SBA Business Development or Accounting background, or a background focused on SBA 7(a) loans being highly preferred
Familiarity with SBA loan programs and small business financing
Company
Cross River
Cross River Bank provides technology infrastructure powering the future of financial services.
Funding
Current Stage
Late StageTotal Funding
$908M2023-11-01Secondary Market
2022-03-30Series D· $620M
2020-05-11Debt Financing· $106M
Leadership Team
Recent News
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2026-01-07
2025-12-24
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