Business Development Officer

Headquartered in the heart of downtown Salt Lake City, Utah, the Bank was named a top SBA lender in the nation in 2023.Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans , and commercial construction loans.

Job Summary

The Business Development Officer is responsible for oversight of all aspects of Small Business Administration (SBA) customer relationships, including business development, risk management, operations, underwriting , and relationship management.

Summary of Essential Job Functions

• Originate Small Business Administration (SBA) loans, equipment leasing and Asset-Based Lending (ABL) financing transactions for small businesses nationwide.
• Develop and cultivate relationships with customers and brokers who market directly to small business owners.
• Utilize networking and referrals to generate business leads and identify potential small business owner borrowers.
• Develop and expand market penetration in assigned locations and markets.
• Demonstrate the value of the Bank’s entrepreneurial lending philosophy and its ability to serve the needs of small business owners nationwide.
• Develop marketing and sales strategy in collaboration with the Chief Business Development Officer and the Bank’s marketing group.
• Generate leads, develop completed financing applications, submit loan packages to underwriting , and present loan credits to the Credit Committee.
• Recognize target market credit opportunities and present funding solutions.
• Obtain customer-signed commitments after loan approval and coordinate the funding of transactions with the Bank’s Operations Group.
• Achieve annual production goals.
• Active use of Salesforce and other supporting origination systems to help deal flow.

Basic Education and Experience

Requirements

Additional Required Skills and Experience

Client's benefits

Aggressive financial incentives for performance, Medical, dental, vision 401(k) with employer match Life and long-term disability coverage HSA and FSA plans Holidays and paid time off requests Robust wellness program (catered meals three times a weeks, lunch and learns, and onsite gym.) Fantastic OTE - $400k++