SBA Business Development Officer - NJ PA

Valley National Bancorp

PA

JOB DETAILS
SKILLS
Accounting, Banking Regulations, Banking Services, Brokerage, Business Development, Business Loans, Certified Public Accountant (CPA), Commercial Real Estate, Customer Relations, Insurance, Loan Closing, Loans, Marketing, Policy Development, Procedure Development, Real Estate Sales, Residential Mortgages, Sales Prospecting, Small Business, Standard Operating Procedures (SOP), Training Program, Treasury
LOCATION
PA
POSTED
30+ days ago

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, CPAs, accountants, attorneys, and other Centers of Influence (COIs). 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.

Key Responsibilities

Soliciting new SBA business and establishing strong referral networks are crucial aspects of this role. The individual must also be knowledgeable about SBA policies and procedures, as well as banking regulations and bank policies.

Responsibilities and Expectations

The primary responsibilities of this role include:

  • Soliciting new SBA business
  • Conducting marketing efforts and calls
  • Establishing strong referral networks
  • Educating borrowers on SBA processes
  • Analyzing and structuring SBA loan requests
  • Submitting complete documentation packages
  • Assisting in credit analysis and underwriting
  • Coordinating with lenders and other stakeholders
  • Staying current on SBA policies and procedures
  • Participating in civic and community activities

Additional Responsibilities

In addition to the key responsibilities, this role also involves:

  • Referencing conventional lending opportunities and other banking services
  • Maintaining intimate knowledge of SBA SOP and changes
  • Participating in NAGGL and other SBA training programs
  • Developing strong relationships with internal partners and business partners

About the Company

V

Valley National Bancorp