SBA BDO

National Lender in growth mode looking for SBA BDO's

This Jobot Job is hosted by:
Tarik Grant
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Salary: $115,000 - $135,000 per year

A bit about us:

We are a national lender looking to add amazing SBA talent to our growing network.

Why join us?

For seasoned BDOs frustrated with bureaucracy or instability.

Hanover Bank offers experienced SBA BDOs a stable, well-capitalized platform with the flexibility and responsiveness often missing at larger institutions. Our SBA group is intentional about growth, supported by leadership that understands the business and empowers BDOs to execute. With efficient processes, strong credit expertise, and competitive solutions, Hanover allows you to maximize your production without sacrificing quality or control.

If you’re ready to transition to a bank that respects your experience and gives you the tools to perform at your highest level, Hanover Bank delivers the balance of strength and agility you’ve been looking for.

Job Details

Job Details:

We are seeking a dynamic and experienced Permanent SBA Business Development Officer (BDO) to join our team in the Mortgage industry. This is an exceptional opportunity for a seasoned professional to apply their skills in credit, government lending, and commercial lending, and to play a pivotal role in our organization's strategic growth. The successful candidate will be responsible for originating, conducting due diligence, and closing SBA loans in a competitive and fast-paced environment.

Responsibilities:

As a Permanent SBA BDO, you will be tasked with the following:

1. Originate SBA loans through networking, cold-calling, and leveraging existing relationships within the industry.
2. Conduct thorough due diligence on potential borrowers, including analyzing credit history, financial statements, and business plans.
3. Structure loan terms and packages that align with both the borrower's needs and the organization's risk tolerance.
4. Negotiate loan terms with borrowers and work collaboratively with underwriting and closing teams to ensure a smooth transaction.
5. Maintain a strong understanding of SBA Standard Operating Procedures, commercial real estate lending, and industry trends to effectively advise clients and identify potential risks.
6. Collaborate with internal teams to develop and implement strategies for portfolio growth and risk management.
7. Provide exceptional customer service, ensuring all client inquiries and concerns are addressed promptly and professionally.

Qualifications:

To be considered for this role, candidates must possess the following:

1. A minimum of 5 years of experience in the Mortgage industry, specifically in SBA lending, commercial lending, and government lending.
2. Demonstrated success in originating and closing SBA loans.
3. In-depth understanding of credit analysis and underwriting principles.
4. Strong knowledge of SBA Standard Operating Procedures and commercial real estate lending.
5. Proven ability to develop and maintain strong relationships with a diverse client base.
6. Exceptional negotiation, problem-solving, and decision-making skills.
7. Excellent verbal and written communication skills, with the ability to effectively communicate complex financial information to a variety of audiences.
8. Strong organizational skills, with the ability to manage multiple priorities in a fast-paced environment.
9. Bachelor's degree in Business, Finance, or a related field is preferred.

This position offers a unique opportunity to contribute to our organization's success while advancing your career in the Mortgage industry. If you are a motivated professional with a passion for SBA lending, we would love to hear from you.

Interested in hearing more? Easy Apply now by clicking the "Apply" button.

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