Job Type
Full-time
Description
About this role:The SBA Franchise Loan Officer will play an integral role in supporting our lending efforts by working with internal and external referral sources, identifying new SBA Lending opportunities in the Franchise space, cultivating relationships with potential clients, and assisting in the SBA loan origination and underwriting process. You will work closely with the SBA Development and Underwriting team to promote SBA loan products while providing top-notch customer service to clients.
In this role you will:- Support the Bank's "People First" focus and rules of engagement-maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB "A Better Place to Be".
- Manage, Evaluate, and process a pipeline of internally provided SBA leads in the Franchise space.
- Evaluate Franchise Disclosure Documents
- Analyze Loan packages including Business Tax Returns and Financial Statements
- Evaluate internal loan referrals, Structure, Package and Process SBA eligible loans
- Prepare and present SBA loan proposals internally and to clients and referral sources
- Monitor the progress of deals and maintain a high level of communication with clients and referral partners throughout the loan process
- Build and maintain strong relationships with potential clients, referral partners, and industry contacts.
- Identify and cultivate new business opportunities for SBA loans.
- Conduct market research to identify trends and business opportunities within the SBA lending space.
- Attend industry events, networking functions, and meetings as needed.
- Stay current on guidelines, lending products, and industry trends.
Must haves:- Strong "People First" interest and ability.
- Knowledge of relevant Federal and State banking regulations.
- Excellent knowledge of Bank's products and services.
- 2 - 3 years of experience in SBA business development, sales, or underwriting
- Thorough understanding of SBA eligibility, federal banking compliance and requirements.
- Ability to analyze business financial statements
- Strong communication, negotiation, and interpersonal skills.
- Franchise lending experience
- Franchise analysis experience
Bonus Points For:- Working knowledge of Spark is a plus
Additional informationBenefits:- World class health, vision, and dental benefits on day one
- 401k with employer match
- Hybrid work from home (depending on role)
- Employee appreciation events (team building, softball games, food truck days, etc..)
- Employee assistance programs (EAP)
- Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
- Tuition reimbursement
- Employee Discount perks
- CNOB Community Service Events
....and much, much more!Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us "a better place to be!"
Salary Description
$100,000-$120,000