ConnectOne Bancorp, Inc.
SBA Business Development Officer
ConnectOne Bancorp, Inc., Englewood Cliffs, New Jersey, us, 07632
DescriptionAbout us:
ConnectOne Bank proves that putting people first is a better way to do business.
At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.About this role :
The primary responsibility of the SBA Business Development Officer (BDO) is the origination of SBA 7a, SBA 504 and USDA B&I loans consistent with Bank policy and program guidelines. The BDO will source these loans through their respective COIs and referral sources while benefiting from the Bank’s broader marketing initiatives. Full-time employees classified as SBA Business Development Officers are eligible to participate in the SBA Business Development Officer (BDO) Compensation Plan.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”.Originate SBA 7a, SBA 504 and USDA loans consistent with Bank policy and SBA Standard Operating Procedure (SOP) or USDA guidelines.Work closely with the SBA team’s analysts, loan packagers and closers to ensure a seamless and efficient process.Pre-screen leads for SBA eligibility and general creditworthiness per CNOB loan policy and SBA SOP.Use sound judgment and keep the Bank's best interest in mind when making decisions. Decisions should be well supported by facts and Borrower representations should be supported by proper documentation and due diligence. Specific areas of focus should include, but are not limited to, SBA loan eligibility, SBA loan structure, creditworthiness, character assessment, and loan documentation.Negotiate terms acceptable to the client and to CNOB.Maintain transaction pipeline.Communicate effectively with internal stakeholders, attorneys and third-party vendors.Must haves :
Strong “People First” interest and ability.Financial Analysis/Cash Flow Lending.Knowledge of SBA Standard Operating Procedure.Consultative selling.Knowledge of Bank security and safety practices.Knowledge of relevant Federal and State banking regulations.Bonus Points For:
Formal Bank Credit Training.3-5 years of commercial lending experience.Additional information
Benefits:World class health, vision, and dental benefits on day one401k with employer matchHybrid 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 reimbursementEmployee Discount perksCNOB 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!”ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.
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ConnectOne Bank proves that putting people first is a better way to do business.
At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.About this role :
The primary responsibility of the SBA Business Development Officer (BDO) is the origination of SBA 7a, SBA 504 and USDA B&I loans consistent with Bank policy and program guidelines. The BDO will source these loans through their respective COIs and referral sources while benefiting from the Bank’s broader marketing initiatives. Full-time employees classified as SBA Business Development Officers are eligible to participate in the SBA Business Development Officer (BDO) Compensation Plan.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”.Originate SBA 7a, SBA 504 and USDA loans consistent with Bank policy and SBA Standard Operating Procedure (SOP) or USDA guidelines.Work closely with the SBA team’s analysts, loan packagers and closers to ensure a seamless and efficient process.Pre-screen leads for SBA eligibility and general creditworthiness per CNOB loan policy and SBA SOP.Use sound judgment and keep the Bank's best interest in mind when making decisions. Decisions should be well supported by facts and Borrower representations should be supported by proper documentation and due diligence. Specific areas of focus should include, but are not limited to, SBA loan eligibility, SBA loan structure, creditworthiness, character assessment, and loan documentation.Negotiate terms acceptable to the client and to CNOB.Maintain transaction pipeline.Communicate effectively with internal stakeholders, attorneys and third-party vendors.Must haves :
Strong “People First” interest and ability.Financial Analysis/Cash Flow Lending.Knowledge of SBA Standard Operating Procedure.Consultative selling.Knowledge of Bank security and safety practices.Knowledge of relevant Federal and State banking regulations.Bonus Points For:
Formal Bank Credit Training.3-5 years of commercial lending experience.Additional information
Benefits:World class health, vision, and dental benefits on day one401k with employer matchHybrid 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 reimbursementEmployee Discount perksCNOB 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!”ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition.
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