Senior Loan Originator

3 weeks ago


New York, New York, United States LOANBUD INC Full time
About Us
LoanBud Inc offers a welcoming, collaborative, and innovative work environment. Our culture is fast-paced, friendly, and team-oriented, with a positive atmosphere. We pride ourselves on our team-oriented colleagues, opportunities for growth, and a strong commitment to supporting the backbone of the economy – small businesses.

Job Description
As a Business Development Officer, your primary responsibilities will include developing and maintaining relationships with referral partners, actively prospecting, marketing, structuring, and originating new SBA and other business loans. You will also establish and maintain a network of referral sources to attract potential SBA borrowers, while maintaining in-depth knowledge of SBA products and staying informed about competitors and competitive products.

Benefits
The estimated annual salary for this position is $120,000 - $150,000, plus bi-monthly commission based on funded loan volume, comprehensive benefits package including health, dental, and vision insurance, paid time off, and 401(k) with company match.

Requirements
A Bachelor's degree and minimum 3 years of experience in business development or a similar sales field are required. Knowledge of SBA lending is a significant advantage. Excellent communication and organizational skills, proficiency in sales persuasion, active listening, and time management, strong product knowledge and relationship-building skills, critical thinking and strategic planning abilities, and familiarity with SBA loan programs and business loans are essential.

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