SVP, SBA Business Development Officer

SVP, SBA Business Development Officer

The SBA Business Development Officer identifies, solicits and closes new SBA loans through business development activity within assigned markets. Essential duties and responsibilities include conducting new business development activities to generate new fee income to meet department and individual goals, prospecting, marketing, structuring and originating new SBA 7(a) and 504 loans, identifying, referring and introducing other business opportunities to internal product partners, establishing and maintaining a network of referral sources able to bring potential SBA borrowers to the bank, obtaining complete financial packages from borrowers and preparing submission packages required for credit analysis, following up with borrowers to obtain additional information or clarification to ensure timely loan decisions, delivering approved loan packages to borrowers to obtain required signatures and facilitate funding, maintaining an in-depth knowledge of SBA products as well as knowledge of competitors and competitive products, understanding what differentiates Enterprise Bank & Trust and developing a unique sales approach that differentiates you in the marketplace, ensuring that all activities and work functions comply with compliance requirements, critically thinking, formulating and supporting credit decisions, negotiating on behalf of the bank the borrower while appropriately balancing risk and shareholder value, demonstrating a satisfactory understanding of and adherence to Bank operational policies and applicable compliance regulations as they relate to the specific job duties assigned, demonstrating a satisfactory understanding of your duties and responsibilities as it relates to the Bank Secrecy Act (BSA), Anti-Money Laundering Act (AML), Patriot Act, and Office of Foreign Assets Control Regulations (OFAC), and performing the job safely and reporting potentially unsafe conditions.

Job requirements include a bachelor's degree in business, finance, economics or other related field, 5-10 years related experience in a similar lending environment or financial institution, maintaining a current understanding of Bank underwriting guidelines, procedures, policies and compliance issues, maintaining a working knowledge of regulatory requirements for documentation and regulations relating to SBA lending, ability to protect and maintain confidential information, excellent written and verbal communication skills, excellent organizational skills, proficiency with personal computers and related software, and work involving sitting, occasional walking, and lifting up to 10 pounds. Pay range for new hires is generally $100,000 to $120,000. In addition, the role is eligible for incentive payments.

Equal Opportunity Statement: Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at hr@enterprisebank.com. Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings.