Business Development Officer-SBA
Conshohocken, PA 
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Posted 3 days ago
Job Description
Business Development Officer-SBA
Location US-PA-Conshohocken
Job ID 2024-2482 # Positions 1 Category Hidden (8747) Pay Status Salaried / Exempt
Objective

Generate new Small Business Administration (SBA) loans through prospecting, outside calling, networking and referrals. Make a substantial number of outside, in-person calls on prospects and clients, will require automobile travel. By year-end, achieve 100% of established annual production objective (APO) that will be determined at or near the beginning of every year. Develop and implement marketing activities within the budgetary constraints established by supervisor

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

Responsibilities/Duties
    Responsible for external self-sourcing SBA-government guaranteed loans within the Bank's geographic territory.
  • Identify and solicit new business relationships.
  • Interview new and existing loan applicants to gather information relative to their business needs, abilities and earnings to determine whether loans may be an acceptable risk.
  • Assemble loan packages and assist in the gathering and closing process.
  • Cross-sell business products to existing customers and prospect business customers through an organized calling program.
  • Generate qualified referrals to other bank departments.
  • Actively participate in external community activities in order to promote Firstrust Bank and to develop a business referral network.
Essential Functions
  • While performing the essential functions of this position, the employee is regularly required to drive a motor vehicle, attending meetings at various venues, including but not limited to customers' offices and/or properties, restaurants and other meeting locations, and ascend/descend stairs and or ladders occasionally to perform inspections. The employee may be required to lift files/materials up to 20 pounds to take to various locations. The incumbent will be expected to operate a computer terminal and exchange information. The ability to utilize standard office including phone, fax and copier are essential.

Knowledge - Skills & Abilities
  • 7+ years of experience in screening, processing and booking SBA 504 and SBA 7A loans.
  • Additional lending experience in the area of SBA related loans is desirable.
  • Financial sales and lending abilities required. In-depth credit and lending knowledge, and thorough understanding of all traditional and non-traditional bank products are required.
  • MS Office Suite skills required.
  • Excellent written and verbal skills required.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Experience
7+ years
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