DFCU Financial
SBA Business Development Officer
DFCU Financial, Detroit, Michigan, United States, 48228
Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country.
The Opportunity:
We are seeking a full time SBA Business Development Officer to join our team. The SBA Business Development Officer (BDO) is responsible to develop and structure loans and market other credit union products and services to Small Business Administration (SBA) eligible small and medium sized business. Prospect and network in local markets to identify and develop new SBA client relationships for DFCU Financial. Maintain and build a network of prospects by working with internal and external centers of influence, commercial referral sources, and the Business Banking team to develop new SBA business relationships. Once a relationship is established and the initial transaction is complete, the BDO transfers the client to a Business Banker to deepen and expand the long-term banking relationship. Identify, market and sell SBA loan products.
What You'll Do:
Generate and close a minimum of $10 million in SBA 7(a) loans each calendar year. Goals may change at credit union discretion.Provide exceptional service to internal and external customers in accordance with DFCU Financial values of collaboration and professionalism.Structure loan proposals, complete initial underwriting and prepare a background narrative outlining the request before submitting to underwriting with support of SBA Program Director.Maintain a strong working knowledge of SBA standard operating procedures.Contribute to the success of the SBA department by sharing in all department responsibilities as required or assigned.Attend community networking events, as required.Work occasional Saturday hours or extended weekday hours, as required.What You'll Need:
Bachelor's degree in business, finance or related field.2+ years of experience as an SBA Business Development Officer.Self-driven with ability to work independently and as part of a team.Demonstrated sales ability; influences with impact.High level of accuracy and attention to detail.Excellent interpersonal skills, including effective verbal and written communication.What We Offer:
Potential for a hybrid work schedule401k plan match, dollar for dollar up to 4%401k additional employer contribution after one year at 5%Employee bonus programMedical, dental and vision insurance effective date of hireHealth savings account (HSA)Flexible spending accounts for medical and dependent care expensesWellness initiatives and reimbursementsPre-paid legal services planIdentity protection planAccident supplemental planShort & long term disability plans paid for by companyCompany provided basic life insurance of $50,000 plus supplemental for employee, spouse and childPet InsuranceFree financial planning assistanceNumerous fun employee events throughout the yearVolunteer and community engagement opportunitiesDiscounts with local and national companies through DFCU PerksService / anniversary awardsEmployee discounts for company logo wearEmployee referral payouts for recruiting your friends and familyPaid lunch timeTuition reimbursement / Education assistanceOngoing training opportunitiesLeadership development programPaid time offPaid holidays (~10 per year)Flexible scheduling for studentsEqual Opportunity Employer / Disabled / Veterans
Other details
Job Family CommercialPay Type Salary
Apply Now
The Opportunity:
We are seeking a full time SBA Business Development Officer to join our team. The SBA Business Development Officer (BDO) is responsible to develop and structure loans and market other credit union products and services to Small Business Administration (SBA) eligible small and medium sized business. Prospect and network in local markets to identify and develop new SBA client relationships for DFCU Financial. Maintain and build a network of prospects by working with internal and external centers of influence, commercial referral sources, and the Business Banking team to develop new SBA business relationships. Once a relationship is established and the initial transaction is complete, the BDO transfers the client to a Business Banker to deepen and expand the long-term banking relationship. Identify, market and sell SBA loan products.
What You'll Do:
Generate and close a minimum of $10 million in SBA 7(a) loans each calendar year. Goals may change at credit union discretion.Provide exceptional service to internal and external customers in accordance with DFCU Financial values of collaboration and professionalism.Structure loan proposals, complete initial underwriting and prepare a background narrative outlining the request before submitting to underwriting with support of SBA Program Director.Maintain a strong working knowledge of SBA standard operating procedures.Contribute to the success of the SBA department by sharing in all department responsibilities as required or assigned.Attend community networking events, as required.Work occasional Saturday hours or extended weekday hours, as required.What You'll Need:
Bachelor's degree in business, finance or related field.2+ years of experience as an SBA Business Development Officer.Self-driven with ability to work independently and as part of a team.Demonstrated sales ability; influences with impact.High level of accuracy and attention to detail.Excellent interpersonal skills, including effective verbal and written communication.What We Offer:
Potential for a hybrid work schedule401k plan match, dollar for dollar up to 4%401k additional employer contribution after one year at 5%Employee bonus programMedical, dental and vision insurance effective date of hireHealth savings account (HSA)Flexible spending accounts for medical and dependent care expensesWellness initiatives and reimbursementsPre-paid legal services planIdentity protection planAccident supplemental planShort & long term disability plans paid for by companyCompany provided basic life insurance of $50,000 plus supplemental for employee, spouse and childPet InsuranceFree financial planning assistanceNumerous fun employee events throughout the yearVolunteer and community engagement opportunitiesDiscounts with local and national companies through DFCU PerksService / anniversary awardsEmployee discounts for company logo wearEmployee referral payouts for recruiting your friends and familyPaid lunch timeTuition reimbursement / Education assistanceOngoing training opportunitiesLeadership development programPaid time offPaid holidays (~10 per year)Flexible scheduling for studentsEqual Opportunity Employer / Disabled / Veterans
Other details
Job Family CommercialPay Type Salary
Apply Now