Overview
This role serves as an SBA Business Development Officer (BDO), working closely with the National Sales Manager and SBA Loan Coordinator to develop and process SBA 7a, 504, and USDA loan opportunities in assigned markets. Responsibilities include taking and processing loan applications from referral sources and direct prospects, and managing deals through the credit and closing process. Coordination with SBA credit teams is required to ensure complete, accurate application packages.
Responsibilities
- Work with referral sources and direct prospects to identify, qualify, and package SBA & USDA loans.
- Maintain working knowledge of SBA underwriting criteria.
- Manage deals from initial field intake through the Denver operations center.
- Provide complete loan packages to SBA Credit or Secondary Market credit underwriters.
- Assist SBA closers/Secondary Market closers with loans funded by investors and/or interim loan closings.
- Develop and manage loan referrals from qualified mortgage and business brokers.
- Pre-qualify, propose, package, and assist credit and closing for 7a & 504 loan packages from mortgage and business brokers.
- Multitask and meet critical deadlines.
- Keep management informed of current activities and significant issues.
- Ensure the work area is clean, secure, and well maintained.
Requirements
- Minimum 5 years of SBA experience.
- Knowledge of SBA underwriting, financial analysis, and SBA regulations.
Key Competencies
- Proficiency with Microsoft Word, Excel, Outlook, and related software applications.
- Strong verbal and written communication skills.
- Strong organization skills; ability to multitask and attention to detail.
- Ability to prioritize and work well under pressure.
- Ability to work in a team environment and adapt to change.
- Ability to manage multiple projects and deadlines simultaneously in a fast-paced, high-production, professional environment.