SBA Business Development Officer - NJ / PA

SBA Business Development Officer - NJ / PA

#25-1295

Multiple Locations

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.

Requirements
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.

Full-time/Part-time
Full-time

FLSA
Exempt

Location(s)
1 Passaic Ave, Fairfield , New Jersey 07004 , United States

10 Highway 35, Red Bank , New Jersey 07701 , United States

Remote, Remote , New Jersey 00000 , United States

Total Rewards Summary
We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.

Pay Range
$85,200.00 - $147,200.00 / year

Pay Transparency
In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

Valley is an equal opportunity/affirmative action employer. All qualified applicants are encouraged to apply and will be considered for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected status or characteristic.

If you are a person with a disability and need a reasonable accommodation to search or apply for a career opportunity, please call us at 800-652-6500, option 2, for assistance with an alternate method of access. A response to your accommodation request may take up to two business days. Other inquiries to this number will not receive a response.

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