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Enterprise Bank & Trust · 1 week ago

SVP, SBA Business Development Officer

Florida, United States

Full-time

Onsite

Mid, Senior Level

5+ years exp

Enterprise Bank & Trust is committed to supporting businesses and communities. The SBA Business Development Officer is responsible for identifying, soliciting, and closing new SBA loans through business development activities within assigned markets.

BankingFinancial Services

Growth Opportunities

Responsibilities

Conduct new business development activities to generate new fee income to meet department and individual goals

Prospect, market, structure and originate new SBA 7(a) and 504 loans

Identify, refer and introduce other business opportunities to internal product partners

Establish and maintain a network of referral sources able to bring potential SBA borrowers to the bank

Obtain complete financial packages from borrowers and prepare submission packages required for credit analysis. Follow up with borrowers to obtain additional information or clarification to ensure timely loan decisions

Deliver approved loan packages to borrowers to obtain required signatures and facilitate funding

Maintain an in-depth knowledge of SBA products as well as knowledge of competitors and competitive products

Understand what differentiates Enterprise Bank & Trust and develop a unique sales approach that differentiates you in the marketplace

Ensure that all activities and work functions comply with compliance requirements, as defined in bank policies and procedures, sate/federal laws and regulations and the SBA’s standard operating procedures and the code of Federal Regulations, thus protecting continuous status a s Preferred Lender under the PLP program

Critically think, formulate and support credit decisions, and logically defend position

Negotiate on behalf of the bank the borrower while appropriately balancing risk and shareholder value

Demonstrate a satisfactory understanding of and adherence to Bank operational policies and applicable compliance regulations as they relate to the specific job duties assigned

Demonstrate a satisfactory understanding of your duties and responsibilities as it relates to the Bank Secrecy Act (BSA), Anti-Money Laundering Act (AML), Patriot Act, and Office of Foreign Assets Control Regulations (OFAC). This includes participating in any required training and promptly complying with all reporting requirements

Demonstrate a satisfactory understanding of and adherence to EEO/AA policy; promote a working environment free of harassment of any type

Perform the job safely and report potentially unsafe conditions