SBA–Loan Officer/Business Development-Salt Lake City, UT

Our client, a prominent and growing Bank is looking to hire a SBA – Loan Officer / Business Development in Salt Lake City, UT.

 

The successful SBA – Loan Officer / Business Development will have these general responsibilities:

  • Develop and manage client relationships with a particular emphasis on clients using the SBA 7(a) loan product.
  • Generate SBA loans, deposits and fee income for the Bank through prospecting, outside calling, networking and referrals.
  • Develop and implement marketing activities and initiatives within the budget.
  • Evaluate business and personal financial statements and cash flow to determine whether to pursue loan opportunities.
  • Prepare portfolio for loan examinations and audits.
  • Present loan recommendations to Bank’s Chief Credit Officer and loan committees as appropriate.
  • Represent the Bank at community, networking and trade association functions.
  • Ensure SBA loan packages are processed in accordance with regulations and program requirements.
  • Discuss prospects/referrals and formulate sales strategies with Bank colleagues.
  • Generate loans that maintain an acceptable level of performance.

 

Requirements for SBA – Loan Officer / Business Development:

  • Bachelor’s degree in Business, Finance or related field preferred.
  • 5+ years of SBA 7(a) lending and marketing experience.
  • Must have working knowledge of compliance and regulatory issues related to SBA 7(a) and 504 loans.
  • Excellent knowledge of SBA SOPs, program eligibility, credit criteria and loan structure requirements.
  • Proven track record of generating at least $6M in SBA loans.
  • Excellent analytical and financial analysis skills.
  • Ability to understand credit risk and able to properly evaluate and disclose risk in a relationship.
  • Advanced credit analysis skills and knowledge of credit analysis tools. Attention to detail is critical.
  • Strong project management skills and ability to priorities and manage deals with minimal supervision.
  • Excellent oral and written communication, interpersonal, organizational and time management skills.
  • Ability to manage confidential information and materials.
  • Highly proficient in Outlook, Word, Excel and PowerPoint.

 

FANTASTIC corporate culture and strong career path options for candidates that excel.

Salary: $60K to $120K based on years and scope of experience, plus annual bonus potential and excellent benefit plan that includes company paid premiums for employee, up to 6% match to 401K, employee stock purchase option at a discounted rate!

For immediate consideration, please submit resume ASAP as an attachment in MS Word to

Know someone you think would be a great fit? We pay a $500 referral reward for any names that turn into hires for this position! Direct all names to me at and I’ll do the rest! Rest assured, we keep referral sources confidential unless directed otherwise.