Business Development Officer - Remote USA

Job Duties & Responsibilities

• Generate viable SBA 7(a) loan opportunities via external direct and indirect marketing channels and meet annual loan volume and pricing targets.
• Manage loan workflow, financial analysis and closing requirements.
• Determine 7(a) loan eligibility under SBA SOP and general prudent lending practices.
• Prepare and deliver accurate loan applications and loan prescreen forms.
• Update pipeline report and attend weekly pipeline meetings attended by the senior leadership team including the President, Sales Manager, Chief Credit Officer, Credit Administrator, Operation Manager and Closing/Documentation Manager.
• Collaborate with Credit and Closing teams to efficiently process transactions.
• Ensure all loan requests are compliant to the policies and procedures of Crossroads Small Business Solutions and SBA.
• Manage new and existing 3rd party loan agents and ensure the agents meet Crossroads Small Business Solutions and SBA standards.

Required Qualifications

• 3 years of SBA lending experience with US based bank or non-bank lending institution.
• Bachelor’s degree preferred or equivalent experience.
• Ability to understand financial/credit policies, financial statements and structure credit facilities of targets.
• Ability to maintain efficient workflow.
• Professional speaking and presentation skills.
• Full understanding and knowledge of SBA eligibility and guidelines.
• Ability to identify and mitigate credit risks.
• Ability to analyze and interpret financial statements, business reports and legal documents.
• Good judgment and problem-solving skills.
• Proficient business writing skills.

Physical Requirements

• Must be able to pass post-offer drug screening, physical examination, and background check.

Compensation

• Base Salary: $80,000-$120,000/year (based on experience and qualifications).
• Plus Bonus Incentive.

Benefits

• Fantastic Culture
• 401k + match
• Health, Dental & Vision Insurance + HSA & FSA
• Employer paid Life Insurance
• Paid Vacation Days Sick Leave
• Company perks such as employee discounts, company events and training programs
• Excellent Training and Career Advancement Opportunities

About the Role

• VelocitySBA provides small business owners with access to growth capital through the SBA loan program.
• We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.

Qualifications

• Must have 3 years of SBA lending experience with US based bank or non-bank lending institution.
• A Bachelor’s degree preferred or equivalent experience.

Skills

• Understanding of financial/credit policies, financial statements and structure credit facilities of targets.
• Ability to maintain efficient workflow.
• Professional speaking and presentation skills.
• Full understanding and knowledge of SBA eligibility and guidelines.
• Ability to identify and mitigate credit risks.
• Ability to analyze and interpret financial statements, business reports and legal documents.
• Good judgment and problem-solving skills.
• Proficient business writing skills.

Benefits

• Includes fantastic culture, health, dental, vision insurance, life insurance, paid vacation days, sick leave, company perks, employee discounts, company events and training programs, excellent training and career advancement opportunities.

Schedule

• Not specified.

Pay

• Base Salary: $80,000-$120,000/year (based on experience and qualifications).
• Plus Bonus Incentive.