USAmeriBancorp

SBA Business Development Officer - NJ / PA

USAmeriBancorp • $70K — $95K *
Fairfield, NJ 07004In-Person
Finance & Insurance
Less than 5 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in SBA or commercial lending
  • Strong knowledge of the commercial lending process and regulatory compliance
  • Proficient in tools like Salesforce, Excel, Word, and Outlook
  • Exceptional negotiation and sales skills
  • Ability to achieve and exceed sales targets
  • Excellent communication and interpersonal abilities
  • Strong analytical and financial acumen

Responsibilities

  • Solicit new SBA business from clients and prospects through targeted marketing efforts.
  • Build and nurture relationships with internal partners and external referral sources in real estate and finance.
  • Educate potential SBA borrowers on processes and expectations during initial calls.
  • Analyze loan requests for eligibility and structure funding proposals accordingly.
  • Prepare documentation for credit and underwriting departments, aiding in the analysis process.
  • Participate in meetings with business partners to discuss SBA opportunities.
  • Ensure compliance with lending regulations throughout the loan closing process.

Benefits

  • Access to ongoing training via NAGGL and SBA resources.
  • Opportunities to engage in community and civic activities.
  • Supportive environment for building referral networks and relationships.
Full Job Description
Responsibilities include but are not limited to:

  • Solicit new SBA business from present and prospective clients. Conduct calls and other marketing efforts focused on prospects, clients, internal referral sources, and external referral sources.
  • Establish strong referral network and relationships with internal partners as well as commercial real estate agents, brokers, CPA's, accountants, attorneys, and other Centers of Influence (COI's).
  • Call on potential SBA customers with business partners. Educate the borrower on SBA process, structure, and set expectations.
  • Analyze, determine eligibility, originate, and structure SBA loan requests.
  • Submit complete documentation packages to the credit and packaging departments. Assist in the credit analysis and underwriting process.
  • Attend business partner meetings, to develop strong relationships with internal partners and to discuss SBA Lending and possible SBA prospects.
  • Coordinate with lenders, SBA Administration, Loan assistant/closer, and closing attorney to insure loan closings are in compliance with bank policy, banking regulations, and SBA SOP.
  • Stay actively involved in NAGGL and other forms of SBA training in order to be current on policies and procedure.
  • Develop and maintain intimate knowledge of the SBA SOP and subsequent changes.
  • Refer conventional lending opportunities, treasury solutions, insurance, residential mortgage, and deposit relationships to bank partners.
  • Participate in civic and community activities to promote the SBA Program and Valley National Bank.


Required Skills:
  • Thorough working knowledge of the commercial lending process, credit analysis, management of loan portfolios and all related laws and regulations
  • Develop and maintain intimate knowledge of the SBA SOP and subsequent changes.
  • Ability to sell and negotiate.
  • Ability to meet sales goals.
  • Excellent interpersonal, verbal and written communication skills.
  • Strong analytical and problem-solving skills.
  • Strong financial/business acumen.
  • Proficient in Windows software, including Word, Excel, Outlook as well as sales and tracking software such as Salesforce.

Required Experience:
  • High school diploma or GED.
  • Minimum of 3 years SBA or commercial lending experience.

Preferred Experience:
  • BA or BS degree in Business or Finance field.

About USAmeriBancorp

Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets. ,Valley Bank is one of the largest commercial banks headquartered in New Jersey.
Learn more about USAmeriBancorp
Industry
Legal & Accounting
* Ladders Estimates

Similar Jobs

  • BDO USA, LLP
    Assurance Senior
    $80K — $100K *
    BDO USA, LLP
    Washington, DC 20011 (District Of Columbia County)
    Reposted Today
  • BDO USA, LLP
    Assurance Senior
    $78K — $93K *
    BDO USA, LLP
    Potomac, MD 20854 (Montgomery County)
    Reposted Today
  • BDO USA, LLP
    Assurance Senior
    $80K — $115K *
    BDO USA, LLP
    New York, NY 10200
    Reposted Today
  • BDO USA, LLP
    Assurance Senior
    $88K — $98K *
    BDO USA, LLP
    Mclean, VA 22101 (Fairfax County)
    Reposted Today
  • BDO USA, LLP
    Assurance Senior
    $78K — $93K *
    BDO USA, LLP
    Baltimore, MD 21215 (Baltimore City County)
    Reposted Today
  • Senior Project Manager
    $90K — $110K *
    Chenega MIOS
    Frederick, MD 21702 (Frederick County)
    Reposted Today
Ad banner background

Get Ready For Your
Next Interview

More Jobs at USAmeriBancorp

  • USAmeriBancorp
    Sr. Lending Specialist
    $70K — $95K *
    White Plains, NY 10605 (Westchester County)
    4 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Sr. Lending Specialist
    $75K — $95K *
    New York, NY 10017 (New York County)
    4 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Comm Bnkg Relationship Mgr II
    $70K — $95K *
    Tampa, FL 33647 (Hillsborough County)
    4 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Branch Manager
    $70K — $95K *
    Wayne, NJ 07470 (Passaic County)
    5 days ago
    Finance & Insurance
    In-Person
  • USAmeriBancorp
    Portfolio Underwriter
    $70K — $95K *
    Wayne, NJ 07470 (Passaic County)
    5 days ago
    Finance & Insurance
    In-Person

More Finance & Insurance Jobs

Find similar SBA Business Development Officer - NJ / PA jobs:

NationwideFairfield, NJ