Offer summary

Qualifications:

3 years of SBA lending experience with a US-based bank or non-bank lending institution., Bachelor’s degree preferred or equivalent experience., Ability to analyze financial statements and structure credit facilities., Strong professional speaking, presentation, and business writing skills..

Key responsabilities:

Generate viable SBA 7(a) loan opportunities through marketing channels.

Manage loan workflow, financial analysis, and closing requirements.

Prepare and deliver accurate loan applications and prescreen forms.

Collaborate with Credit and Closing teams to ensure compliance and efficient processing.

Job description

Who We Are:

VelocitySBA provides small business owners with access to growth capital through the SBA loan program. Having access to small business financing can give you the security and freedom to focus on other aspects of running your business. We can help you purchase commercial real estate and equipment, provide growth capital financing, deliver debt refinance solutions, aide with business acquisition/partner buyout, and assist small business owners with their startups.

What’s in it for You:

VelocitySBA is one of the fastest growing SBA lending institutions in the country and is actively seeking motivated individuals interested in a career in business finance. Areas of opportunity include sales/business development, underwriting, closing, servicing, marketing and more as our organization very actively implements our national growth strategy. VelocitySBA offers distinctly a team culture that is more synergistic and collaborative than typical for financial institutions, creating a stimulating and enjoyable workplace environment. Candidates joining the VelocitySBA team can expect professional development and growth working alongside the best SBA professionals in the industry. Become a part of our team and immerse yourself in a company that fosters a Great Place to Work™ culture!

What You’ll Do:

The Business Development Officer performs external prospect development activities in their assigned territory. Primary focus is to develop relationships with prospects to increase overall level of business. The SBA Business Development Officer is able to operate with a minimum of direction, is able to develop a portfolio of new business relationships and manages a loan portfolio in metro markets.

Job Duties and Responsibilities:

Generate viable SBA 7(a) loan opportunities via external direct and indirect marketing channels and meet annual loan volume and pricing targets.
Manage loan workflow, financial analysis and closing requirements.
Determine 7(a) loan eligibility under SBA SOP and general prudent lending practices.
Responsible to prepare and deliver accurate loan applications and loan prescreen form.
Update pipeline report and attend weekly pipeline meeting attended by the senior leadership team including the President, Sales Manager, Chief Credit Officer, Credit Administrator, Operation Manager and Closing/Documentation Manager.
Collaborate with Credit and Closing teams to efficiently process transactions.
Ensure all loan requests are compliant to the policies and procedures of Crossroads Small Business Solutions and SBA.
Manage new and existing 3rd party loan agents and ensure the agents meet Crossroads Small Business Solutions and SBA standards.

Skills and Qualifications:

3 years of SBA lending experience with US based bank or non-bank lending institution.
Bachelor’s degree preferred or equivalent experience.
Ability to understand financial/credit policies, financial statements and structure credit facilities of targets
Ability to maintain efficient workflow
Professional speaking and presentation skills
Full understanding and knowledge of SBA eligibility and guidelines
Ability to identify and mitigate credit risks
Ability to analyze and interpret financial statements, business reports and legal documents
Good judgment and problem-solving skills
Proficient business writing skills

Compensation:

$80,000-$120,000/yr base salary based on experience, qualification and location
Plus Commission Plan
Full Time position

Physical Requirements:

Must be able to pass post offer drug test

Benefits Velocity Vehicle Group Offers:

Fantastic Culture
401k + match
Health, Dental & Vision Insurance + HSA & FSA
Employer paid Life Insurance
Paid Vacation Days
Sick Leave
Company perks such as employee discounts, company events and training programs
Excellent Training and Career Advancement Opportunities

Velocity Vehicle Group is an equal opportunity employer. Velocity Vehicle Group prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.

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