SVP, SBA Business Development Officer

Summary

The SBA Business Development Officer identifies, solicits, and closes new SBA loans through business development activity within assigned markets.

Essential Duties And Responsibilities

• Congduct new business development activities to generate new fee income to meet department and individual goals.
• Possess a thorough understanding of SBA products and knowledge of competitors and competitive products.
• 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.
• 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, state/federal laws and regulations and the SBA's standard operating procedures and the code of Federal Regulations, thus protecting continuous status as 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.
• Maintain a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues.
• Maintain a working knowledge of regulatory requirements for documentation and regulations relating to SBA lending.
• Protect and maintain confidential information.
• Exhibit excellent written and verbal communication skills.
• Exhibit excellent organizational skills.
• Proficient with personal computers and related software.
• Perform the job safely and report potentially unsafe conditions.

Job Requirements

• Bachelor’s degree in business, finance, economics or other related field.
• 5-10 years related experience in a similar lending environment or financial institution.
• Maintain a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues.
• Maintain a working knowledge of regulatory requirements for documentation and regulations relating to SBA lending.
• Able to protect and maintain confidential information.
• Able to communicate effectively.
• Able to organize tasks efficiently.
• Able to use personal computers and related software.

Equal Opportunity Statement

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at hr@enterprisebank.com. Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.