SBA Loan Business Development Officer

2 months ago


Phoenix, United States Integro Bank Full time

Job description

JOB TITLE: SBA Business Development Officer (VP/SVP)

REPORTS TO: Government Lending SVP/Director of Sales

CLASSIFICATION: EXEMPT

LOCATION: Phoenix HQ Office & Hybrid

============================================


SUMMARY:

Over the past twelve months, Integro Bank has grown 581% and is ranked #1 among all Arizona based banks in the rate of loan growth. Among the 4,600 USA banks, less than 4% of all lending supports small businesses, but 100% of Integro Bank's lending supports small businesses. To support this rapid growth, we are hiring


You own it, are accountable and likely are a top performing Business Development Officer (BDO) specializing in originating SBA government guaranteed loans (both 7A and 504) but are not happy with your employer’s culture, loan growth or perhaps interested in exploring a change. You have a passion for helping small businesses. Ethics, integrity, building trust, delivering on your promises, and delivering results for your small business clients is of paramount importance to you. We invest heavily in technology and a support staff which helped us close SBA loans in less than 30 days. You are intrigued to learn about the Integro Bank CEO Club and Integro360 - the proprietary services we provide for free to business owners, provides you with a marketing edge and competitive differentiator not offered by any other bank in the USA. You are pleased to learn that Integro Bank is an SBA approved "Preferred Lender" that supports the National Association of Government Guaranteed Lenders (NAGGL). You either live in the Phoenix Arizona metro area or have family or friends and interested in being based here. If this sounds like you, please keep reading and we encourage you to apply.


RESPONSIBILITIES:

Develop and cultivate new SBA lending opportunities including both 7A and 504 loan programs. The BDO will build and network prospects utilizing both internal and external referral resources and follow up on marketing leads we supply. The primary focus includes sourcing and procuring SBA loan clients to drive portfolio growth. The BDO will gather loan applications, perform financial analysis of required cash flow, and present the package within credit policy requirements. This position will also provide financial counsel to current and prospective customers.


This position will establish relationships with an internal Business Banking Relationship Manager to deepen and expand on long term banking relationship(s). If interested, you may also originate non-SBA, C&I commercial business and CRE loans. Duties include:

· Generate new SBA 7a and 504 program loans from small business clients in accordance with established annual goals and objectives.

· Prescreen loans with knowledge of SBA for proper structure, conformity, and eligibility with respect to the applicable loan program.

· Identify opportunities to solve client issues by obtaining sufficient information from applicants to analyze the loan request appropriately.

· Maintain continual dialogue and close working relationship with other bank officers, centers of influence, referral resources, etc.

· Assist Business Banking team to cross-sell deposit, trade, cash management, asset management and other banking services.

· Responsible for developing a loan consideration memo for the credit department based on the information received from the prospect.

· Responsible for assisting client through the end-to-end loan process, assisting internal team members with obtaining all necessary documentation needed to close the transaction, and to follow up on any exceptions or account matters.

· Responsible for ensuring compliance with all aspects of job-related laws and regulations, including timely, and successful completion of all online or in-person training required by Integro Bank.

· Participate in community and business functions/groups to provide a positive image for the bank within the marketplace. Establish referral contacts within the community. Attend local COI and SBA functions to establish Integro Bank’s presence and cultivate CDC relationships.


QUALIFICATIONS:

Knowledge, Skills & Abilities

· Must demonstrate 2 to 25 years prior business success in SBA Lending/Sales

· Must demonstrated knowledge of SBA products and policies

· Excellent verbal, written, and interpersonal communication skills

· A team player able to work effectively in a team fostered, multi-tasking environment

· Proficient in Microsoft Office suite and interested in learning about our high tech invented technology solutions

· Ability to work independently and develop relationships based on overall profitability and revenue generation.

· Strong working knowledge of financial analysis including cash flow, balance sheet, financial ratios, collateral, economic and industry analysis.


Education & Experience

· Bachelor’s Degree or equivalent experience preferred.

· Prior relationship management experience

· Strong Sales experience required

· SBA 7A and/or 504 experience required


ENVIRONMENT & PHYSICAL DEMANDS:

· Ability to lift a minimum of 20lbs. (e.g., file boxes)

· Must be able to sit, stand, bend and stoop

· Sitting/Standing/Driving for 90% of the time

· Requires ability to use keyboard up to 8 hours

· Travel may be required


This role requires residency in Maricopa County Arizona.


The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT: Integro Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.


About Integro Bank:. Our Mission is to “Lift and Transform Lives.” We focus on helping small businesses maximize growth because “Employment lifts people up and transforms lives”.


Our Core Values are:


· Earn and be worthy of Trust: Trust is everything. Be authentic, honest, make personal connections and keep your promises.

· Demonstrate an optimistic and positive attitude: Our intentions should be upbeat, positive and lift others up. Positivity breeds success.

· Focus on client-centric solutions: We listen, understand and WOW our clients.

· We deliver results: Own it, be accountable, committed and strive for positive outcomes in everything we do.


Benefits: Comprehensive benefits package including: Health, dental and vision insurance, paid time off, company paid life insurance, short and long-term disability, 401k, and tuition savings program.



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