Business Development Officer

This is a fully remote position, open to applicants in United States.

📋 Description

• Identify and create new SBA loan opportunities through collaborations with internal teams and external referral networks.

• Develop and nurture relationships with clients, potential clients, and business partners.

• Collaborate with bank officers to promote additional banking products and services.

• Design SBA loan proposals that adhere to SBA 7(a), 504, and other related programs.

• Assess financial information to determine the eligibility of borrowers.

• Perform initial underwriting and formulate credit recommendations.

• Draft SBA-specific credit memorandums and compile necessary documentation.

• Ensure compliance of all packages with regulatory and SBA SOP standards.

• Manage the submission of loan packages to underwriting and the SBA.

• Collaborate with processors, attorneys, and clients throughout the closing process.

• Follow up on pending documentation to guarantee timely processing.

• Generate reports for leadership and fulfill required compliance training.

• Maintain compliance with BSA, AML, CIP, OFAC, and other regulatory standards.

⛳️ Requirements

• A Bachelor’s degree in business, finance, or a related field is preferred.

• Over 3 years of experience in SBA lending.

• Familiarity with government-guaranteed lending programs (SBA 7(a), Express, 504, USDA).

• Strong skills in financial analysis, communication, and organization.

• Demonstrated ability to work collaboratively across teams and manage client relationships.

• Entrepreneurial self-starter with the capability to take ownership of the pipeline and generate opportunities through referral networks.

• Organizational and efficiency skills to effectively manage a high-volume pipeline, keeping deals organized from prospecting to closing.

• Excellent communication skills with clients and internal teams.

• Strong understanding of SBA programs and credit analysis.

• Tech-savvy with strong analytical thinking, utilizing CRM tools and financial data.

🏝️ Benefits

• 100% employer-paid health coverage for employees.

• Employer contribution for dependents.

• Medical, Dental & Vision Insurance.

• Health Savings Account (HSA).

• Free Telemedicine access via Teladoc.

• 401(k) with a 6% Employer Match — No Vesting Period.

• Employee Stock Options.

• Exclusive Employee Banking Perks.

• 0% Financing for Employee Solar Loans.

• Employee Only Mortgage Product with exclusive interest rates and terms.

• 0% Financing for Eligible Electric Vehicles (EVs).

• Referral Incentives.

• 2–4 Weeks of Vacation based on officer level plus additional tenure-based time.

• 64 Hours of Paid Sick Time for all full-time employees.

• Company-Paid Life Insurance.

• Short- & Long-Term Disability Insurance.

• Voluntary Life, Accident & Critical Illness Coverage.

• Employee Assistance Program (EAP) providing free counseling, legal, and financial services.