Firstrust Bank

Business Development Officer-SBA

Location US-PA-Conshohocken
Job ID
2024-2482
# Positions
1
Category
Hidden (8747)
Pay Status
Salaried / Exempt

Objective

Logo - Updated

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. *Hybrid Schedule*

 

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.

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